Silverfleet Capital has named Alex Brebbia as co-head of lower mid-market investing. Also, the European private equity firm has appointed Erik Fuchs as co-head of the Benelux region. Brebbia is a former managing partner at Spring Ventures while Fuchs previously worked at Alpha Private Equity.
2 min read · 05 September 2018
El Dorado Hills, California-based ThinCI Inc, an AI hardware startup developing computing platforms, has raised $65 million in Series C funding round. DENSO and Temasek led the round with participation from other investors that included GGV Capital and Mirai Creation Fund – backed by Toyota.
1 min read · 05 September 2018
Forendo Pharma, a Finnish drug developer focusing on new treatments in women's health, has raised 4 million euros in funding. The investor was Vesalius Biocapital III Partners.
1 min read · 05 September 2018
Tel Aviv and Boston-based Alpha Tau Medical, a developer of alpha radiation cancer therapy, has secured $29 million in financing. Shavit Capital led the round with participation from other investors that included OurCrowd.com, Medison Ventures and the venture capital arm of Medison Pharma.
1 min read · 05 September 2018
Readly, a digital magazine service that provides customers with unlimited access to national and international digital magazines, has raised $12 million in funding. The investors were Swedbank Robur and Zouk Capital.
1 min read · 05 September 2018
Los Angeles-based Westlake Village BioPartners, a venture firm focused on life sciences, has raised $320 million for its debut fund. Dr. Beth Seidenberg, a general partner at Kleiner Perkins and former chief medical officer and head of global development at Amgen and Dr. Sean Harper, executive vice president and head of R&D at Amgen, will lead Westlake’s investing activities. And, Scott Ryles, chief operating officer at Kleiner Perkins, will be Westlake's chief operating officer.
4 min read · 05 September 2018
Vinted, a European marketplace for used clothes and accessories, has raised 50 million euros in funding. Sprints Capital led the round with participation from return backers Insight Venture Partners and Burda Media.
3 min read · 05 September 2018
Charleston, South Carolina-based Palmetto, a clean energy tech company, has raised $6 million in funding. Greycroft led the round with participation from Lerer Hippeau, Box Group and NBA Commissioner Emeritus David Stern.
1 min read · 04 September 2018
Silicon Valley-based Bear Flag Robotics, an agricultural tech company, has secured $3.5 million in seed funding. True Ventures led the round.
1 min read · 04 September 2018
Munich Re has acquired Boston-based Relayr, a provider of industrial internet of things solutions, for $300 million. Relayr's backers included Kleiner Perkins Caufield & Byers and Munich Venture Partners.
3 min read · 04 September 2018
