SeventySix Capital, a sports-focused venture firm, has added ex-NFL player Brian Westbrook as an investor to its athlete venture group. SeventySix Capital’s athlete venture group allows professional athletes to invest, learn and work directly with sports tech startups and entrepreneurs. During his career, Westbrook played for the Philadelphia Eagles and the San Francisco 49ers.
4 min read · 10 December 2018
Miami-based ParkJockey, a parking technology solutions provider, has secured funding from the SoftBank Group. Also, ParkJockey and Mubadala Capital have acquired Atlanta-based Citizens Parking Inc, a parking management operator. And, both ParkJockey and Mubadala have agreed to acquire Imperial Parking Corporation, a parking management company in North America, from a subsidiary of Ontario Teachers' Pension Plan. No financial terms were disclosed. The Impark deal is expected to close in the first half of 2019.
4 min read · 10 December 2018
Analytics Ventures, which is focused on creating and building venture companies that harness the power of artificial intelligence technologies, has launched AlphaTrAI, an AI-based equity trading platform. No financial terms were disclosed.
3 min read · 10 December 2018
Oakland, California-based Zesty.ai, an artificial intelligence startup, has raised $13 million in Series A funding. Blamar led the round with participation from other investors that included Plug & Play Ventures.
1 min read · 10 December 2018
Medical apparel brand Jaanuu has secured $15 million in financing. JMK Consumer Growth Partners led the round with participation from other investors that included the Nordstrom family and David Kessenich, managing partner and co-founder of Excellere Partners.
1 min read · 10 December 2018
Munich-based NavVis, a provider of indoor spatial intelligence solutions for businesses, has secured funding, raising a total tally of $35.5 million. Digital+ Partners led the round with participation from Kozo Keikaku Engineering Inc, MIG, Target Partners and BayBG.
3 min read · 10 December 2018
Cambridge, Massachusetts-based Moderna Therapeutics, a developer of messenger RNA therapeutics and vaccines, has raised $604.3 million for its IPO after pricing its over 26.2 million shares at $23 per share. The stock began trading December 7, 2018 on the NASDAQ under the ticker symbol "MRNA." Morgan Stanley, Goldman Sachs and J.P. Morgan are the lead underwriters. Moderna's pre-IPO backers include Sequoia Capital China, Fidelity Management & Research Company, Pictet, Viking Global Investors, ArrowMark Partners and Alexandria Venture Investments.
3 min read · 07 December 2018
San Francisco-based Demeter Group, which invests in luxury wine and spirit brands, has raised over $14 million for its second fund, according to an SEC filing. No target was listed on the document.
1 min read · 07 December 2018
San Francisco-based Avochato, a business communications software firm, has raised $5 million in Series A funding. Amity Ventures led the round with participation from other backers that included XSeed Capital.
1 min read · 07 December 2018
Palo, Alto, California-based Costanoa Ventures, an early-stage venture firm focused on tech startups that solve "real-world business problems," has raised $75 million for its opportunity fund. In September 2017, the firm closed its third fund at $175 million, as previously reported by PE HUB.
2 min read · 06 December 2018
