iFly Ventures is seeking to raise $100 million for its inaugural fund, according to an SEC filing. Han Shen and Haitao Zhang, both formerly with Formation 8, are currently at the helm of this Palo Alto, California-based venture firm.
1 min read · 16 September 2016
UK-based GammaDelta Therapeutics Ltd, an immunotherapy company, has secured an undisclosed amount of seed funding. The investor was Abingworth.
2 min read · 16 September 2016
Total's corporate venture arm Total Energy Ventures has made an undisclosed investment in AutoGrid Systems. Based in Redwood Shores, California, AutoGrid is an energy internet software provider.
5 min read · 16 September 2016
King of Prussia, Pennsylvania-based Renmatix, a provider of cellulosic sugars, has secured $14 million in funding. Bill Gates led the round.
1 min read · 16 September 2016
KeyMe, a key duplication solution provider, has raised $15 million in Series C funding. QuestMark Partners led the round with participation from other backers that included Battery Ventures, White Star Capital, 7-Eleven, Ravin Gandhi and the Polsky Family Office. In conjunction with the funding, Nick Superina, a partner at QuestMark Partners, has been added to KeyMe's board.
4 min read · 16 September 2016
Vancouver, British Columbia-based Terramera, a provider of pest and disease control solutions, has secured an undisclosed amount of funding. The investor was IKEA GreenTech, IKEA Group's corporate venture arm.
1 min read · 16 September 2016
Mountain View, California-based Couchbase, an operational database, has named Peter Finter as chief marketing officer. Previously, Finter worked at Gigamon. Couchbase's backers include Sorenson Capital, Accel Partners, Adams Street Partners, Ignition Partners, Mayfield Fund, North Bridge Venture Partners and West Summit.
2 min read · 15 September 2016
Cleveland-based medical device company Securus Medical Group Inc has raised $10 million in Series C financing. Boston Scientific Corp led the round with participation from RiverVest Venture Partners, 3X5 Special Opportunity Fund, University of Michigan and the Global Cardiovascular Innovation Center.
1 min read · 15 September 2016
Milpitas, California-based Resilinc, a provider of supply chain resiliency solutions, has secured an undisclosed amount of funding. The investors were Bright Success Capital, Procyon Ventures and Salesforce Ventures.
1 min read · 15 September 2016
Ripple, a provider of financial settlement solutions, has closed $55 million in Series B funding. The investors included Standard Chartered, Accenture Ventures, SCB Digital Ventures and SBI Holdings.
1 min read · 15 September 2016