Rev1Ventures has partnered with Nationwide Children's Hospital to launch a $5.5 million life sciences fund. Rev1 NCH Fund I will focus on backing healthcare spinouts from The Research Institute at Nationwide Children's. The Ohio Third Frontier Pre-Seed/Seed Plus Fund Capitalization Program provided a $2.75 million loan for the fund.
3 min read · 21 September 2016
Brazilian investment firm Mindset Ventures has teamed up with Microsoft to back 10 international startups. The initiative will target graduates of the Microsoft Accelerator program from Tel Aviv and Seattle. The partnership will invest between $100,000 and $150,00 in the selected startups that will be announced next month. Mindset will focus on startups that have "market potential in Brazil.
3 min read · 21 September 2016
Bessemer Venture Partners has promoted Josh Harder to vice president. Prior to joining BVP, Harder worked at Accion Venture Lab and Ruma.
2 min read · 21 September 2016
Germany-based Heliatek, a maker of solar films, has raised $88 million in Series D funding. Innogy SE led the round with participation from other investors that included ENGIE, BNP Paribas, eCAPITAL, HTGF and Wellington Partners.
1 min read · 21 September 2016
Solar energy company d.light has secured $15 million in Series D funding. The investors were KawiSafi Ventures Fund, Energy Access Ventures, Omidyar Network and NewQuest Capital Partners. In addition to this financing, d.light has raised $2.5 million in debt funding through SunFunder.
1 min read · 21 September 2016
The Netherlands and Richmond, Virginia-based SecurityMatters, a cyber security company, has secured an undisclosed amount of funding. Emerald Technology Ventures led the round with participation from Robert Bosch Venture Capital, KPN Ventures and Phoenix Contact Innovation Ventures.
1 min read · 21 September 2016
Milpitas, California-based Efficient Drivetrains, a drivetrain solutions provider, has raised $7.85 million in Series C financing. H&Q Asia Pacific led the round.
1 min read · 21 September 2016
BCG Digital Ventures has expanded its team with three new additions. Joining as partners are Charmaine Eggberry, John Kuolt and Mark Zaleski. BCGDV is the Boston Consulting Group's incubation and investment arm.
3 min read · 21 September 2016
Gametime, a last-minute ticketing app, has raised $20 million in Series B funding. The investors included Accel, GV, Evolution Media Partners and the Stanford StartX Fund.
3 min read · 21 September 2016
Canadian life sciences venture capital firm Quark Venture has appointed Karimah Es Sabar as CEO and partner. Previously, Es Sabar was the president and CEO of the Centre for Drug Research and Development, a Vancouver-based drug development and commercialization centre. Founded last year, Vancouver's Quark Venture provides equity financing to biotechnology and health sciences companies. To date, the firm has invested in Aurora Lifesciences Corp and Sitka Biopharma.
3 min read · 20 September 2016