Madrid-based MedLumics, a cardiac device company focused on optically guided minimally invasive instruments, has secured 34.4 million euros in Series B financing. Edmond de Rothschild Investment Partners led the round with participation from other investors that included Seroba Life Sciences, Innogest Capital, Ysios Capital Partners and Caixa Capital Risc. In addition to the funding, EdRIP’s Olivier Litzka, Innogest’s Claudio Rumazza and Seroba’s James Green have been named to MedLumics' board of directors.
1 min read · 20 March 2017
New Enterprise Associates has made an undisclosed investment in Santa Clarita, California-based SetPoint Medical, a developer of bioelectronic therapy for chronic inflammatory diseases. In conjunction with the funding, Dr. Josh Makower, a general partner at NEA, has been added to SetPoint Medical's board of directors.
3 min read · 20 March 2017
Washington, D.C.-based Bayshore Networks, a provider of cyber protection for industrial infrastructure, has raised more than $11 million in funding. The investors included Benhamou Global Ventures. In addition to the funding, Anik Bose, a general partner at BGV, has been appointed to Bayshore's board of directors.
1 min read · 20 March 2017
New York City-based Aetion, a healthcare tech company that provides real-world evidence analytics solutions for payer/provider, biopharma and medical device customers, has raised $11.2 million in Series A funding. Flare Capital Partners led the round with participation from Lakestar.
4 min read · 20 March 2017
Poland-based Piwik PRO, a marketing tech platform provider, has raised $2 million in Series A funding. Warsaw Equity Group led the round with participation from Tim Schumacher, co-founder and former CEO of Sedo.com.
3 min read · 20 March 2017
Madrona Venture Group has hired Maria Karaivanova as a principal and Alice Ryder as director of investor relations and business development. Previously, Karaivanova worked at Cloudflare where she served as head of business development while Ryder was vice president of investor relations at King Digital Entertainment.
4 min read · 20 March 2017
Westlake, Ohio-based venture firm Mutual Capital Partners has raised $15.8 million for its third fund, according to an SEC filing. The target is $50 million.
1 min read · 17 March 2017
Cell Medica, a cellular immunotherapy company, has raised 60 million pounds (about $74.1 million) in Series C funding. The investors were Touchstone Innovations, Invesco Perpetual and Woodford Investment Management.
1 min read · 17 March 2017
Moximed Inc, a developer of unicompartmental load absorber implants for active patients with painful knee osteoarthritis, has raised $50 million in Series C funding. The company's investors include Advent Life Sciences, Future Fund, NEA, Morgenthaler Ventures, GBS Venture Partners and Vertex Healthcare. In conjunction with the funding, Dr. Shahzad Malik, a general partner at Advent Life Sciences and Brigitte Smith, a managing director at GBS Venture Partners, have been added to Moximed's board of directors.
1 min read · 17 March 2017
PVH Corp has agreed to acquire True&Co, an intimate apparel ecommerce retailer. No financial terms were disclosed. True&Co's backers include Cowboy Ventures, Crosslink Capital, First Round, FundersClub and Great Oaks Venture Capital.
2 min read · 17 March 2017
