China-based Shinezone, a developer of online games, has secured RMB 400 million (approximately $58.1 million) in Series B funding. The investors included China Fortune Securities, Bank of Ningbo, Shanshan Venture Capital, Jiuyou Fund, Nord Engine Capital and HTVC.
1 min read · 23 February 2017
Atlanta-based Storj Labs, a distributed cloud storage provider, has raised $3 million in seed financing round. The company's investors include Google Ventures, Qualcomm Ventures and Techstars.
1 min read · 23 February 2017
Hamilton, Ontario-based Fusion Pharmaceuticals, a newly formed biopharmaceutical company developing targeted alpha-particle radiotherapeutics for treating cancer, has closed $25 million in Series A financing. Johnson & Johnson Innovation – JJDC Inc led the round with participation from HealthCap, TPG Biotech, Genesys Capital and FACIT.
1 min read · 23 February 2017
Santa Clara, California-based TL Biolabs, an agriculture tech start-up, has secured $4 million in seed funding. Andreessen Horowitz led the round with participation from other investors that included Refactor Capital, Josh Buckley and Y Combinator.
1 min read · 23 February 2017
K2 Global has raised $183 million for its venture fund. Based in Silicon Valley and Singapore, K2 Global backs tech companies in the internet and software sectors. According to the firm, it has invested $58 million in ten companies so far, which include Magic Leap, Spotify and Uber.
4 min read · 23 February 2017
Santa Monica, California-based AirMap, an airspace management platform for drones, has raised $26 million in Series B funding round. Microsoft Ventures led the round with participation from Airbus Ventures, Qualcomm Ventures, Rakuten, Sony, Yuneec, General Catalyst and Lux Capital.
5 min read · 23 February 2017
Knotel, a network of custom locations that provides modern businesses with adaptable headquarters, has raised $25 million in Series A funding. Knotel's investors include Bloomberg Beta, Invest AG, Observer Capital's Joseph Meyer, Rocket Internet and 500 Startups.
1 min read · 22 February 2017
Berlin-based Project A, an early-stage investment firm, has closed its second fund at 140 million euros. The investors of the fund included Otto Group, Axel Springer SE, the European Investment Fund. ProSiebenSat.1, Jahr, Haniel, Ravensburger and Oetker. Also, Project A is about to close another fund at 40 million euros focused on follow-on investments in its portfolio companies.
2 min read · 22 February 2017
Stockholm-based Modus Therapeutics, which focuses on treating patients with sickle cell disease, has secured $3.6 million in funding. The investors were KDev Investments, Östersjöstiftelsen and Praktikerinvest.
1 min read · 22 February 2017
ConsejoSano, an Hispanic health platform, has raised $4.9 million in Series A funding. The lead investor was 7wire Ventures. Other investors in this round were Tufts Health Ventures, TOTAL Impact Capital, Wanxiang Healthcare Investments, Acumen, Oxeon Partners and Impact Engine.
1 min read · 22 February 2017