European venture firm Notion Capital has raised $120 million in the first close of its third fund. The target of the fund, which focuses on European cloud computing and Software-as-a-Service companies, is $150 million. The vehicle's limited partners include family offices, high- net-worth individuals, the European Investment Fund and British Business Bank. Also, the firm has hired Adam Shepherd and Dan O’Toole as associates.
6 min read · 23 July 2015
Columbia, South Carolina-based ZVerse, a maker of 3D content creation and production applications for 3D printing, has raised $3.5 million in Series A funding. The investors included Mosley Ventures and Capital A Partners. Concurrent with the funding, Wei-Chun Tai of Mosley Ventures has been appointed to ZVerse's board.
4 min read · 23 July 2015
Fort Lauderdale, Florida-based private jet app JetSmarter has secured $20 million in Series B funding. The investors included members of the Saudi royal family, high-net-worth individuals and family offices as well as C-level executives from companies such as Goldman Sachs and Twitter.
3 min read · 23 July 2015
San Francisco and Tel Aviv-based Leadspace, a B2B predictive analytics platform provider, has secured $18 million in funding. Battery Ventures led the round.
3 min read · 23 July 2015
Cambridge, Massachusetts-based biotech company Ra Pharmaceuticals has closed $58.5 million in Series B funding. RA Capital Management, Novo Ventures and Lightstone Ventures led the round with participation from other investors that included Rock Springs Capital Limulus Venture Partners, New Enterprise Associates, Novartis Venture Fund, Morgenthaler Ventures and Amgen Ventures. In conjunction with the funding, Rajeev Shah of RA Capital and Peter Tuxen Bisgaard of Novo Ventures (US) Inc have been added to Ra Pharma’s board of directors.
3 min read · 23 July 2015
Redwood City, California-based Outpost Games, a video game startup, has raised $6.2 million in Series A funding. Benchmark Capital led the round. In addition to the funding, Mitch Lasky, a general partner at Benchmark, and Manuel Bronstein, head of consumer products at YouTube, have been added to Outpost Games' board.
3 min read · 23 July 2015
Cambridge, Massachusetts-based RaNA Therapeutics, a RNA-focused drug developer, has closed $55 million in Series B funding. MRL Ventures and the Baupost Group LLC led the round with participation from other investors that included Rock Springs Capital Management, Brookside Capital, Leerink Partners LLC, Atlas Venture, Monsanto, MS Ventures, Omega Funds, Partners Innovation Fund, Pfizer Venture Investments and SR One. In addition to the funding, Dr. Joshua Resnick, president of MRL Ventures, has been added to RaNA's board of directors.
3 min read · 23 July 2015
Austin, Texas-based Continuum Analytics, a developer of open source analytics platform Anaconda, has raised $24 million in Series A funding. General Catalyst Partners and BuildGroup led the round.
4 min read · 23 July 2015
Russian online used car broker and auctioneer CarPrice has raised $40 million in Series B funding. Baring Vostok led the round with participation from other investors that included Almaz Capital.
5 min read · 23 July 2015
Singapore-based venture firm Jungle Ventures has named David Gowdey as a managing partner. Previously, Gowdey worked at TPG Growth and was the head of international M&A at Yahoo.
3 min read · 23 July 2015