Private Equity
Dublin-based Allegion plc, a global security products and solutions provider, has launched Allegion Ventures, a $50 million corporate venture fund. Allegion Ventures will back early-stage companies. Allegion has teamed up with Touchdown Ventures to help in managing the fund.
2 min read · 08 March 2018
Ancient Nutrition, a provider of bone broth protein supplements, has raised $103 million in funding. The investors included VMG Partners, Hillhouse Capital and ICONIQ Capital.
1 min read · 08 March 2018
New York City-based Prevail Therapeutics Inc, a developer of gene therapies for patients with Parkinson’s disease and other neurodegenerative diseases, has secured $75 million in Series A financing. The investors included OrbiMed, Pontifax Fund, RA Capital Management, EcoR1 Capital, Omega Funds, BVF Partners LP, Boxer Capital LLC, Adage Capital Management LP and Alexandria Venture Investments.
1 min read · 08 March 2018
Cambridge, Massachusetts-based Cyteir Therapeutics, a developer of synthetic lethal therapies that treat cancer and autoimmune disease, has raised $29 million in Series B financing. Venrock led the round with participation from other investors that included Celgene, Lightstone Ventures and DROIA Oncology Ventures.
4 min read · 08 March 2018
Barbados-based Bitt.com, a blockchain-based digital payment provider, has secured $3 million in funding. The investor was Medici Ventures, a blockchain-focused subsidiary of Overstock.com.
3 min read · 08 March 2018
New York City-based Mighty, a litigation finance startup, has secured $114 million in funding. The company's investors include IA Ventures and Tribeca Venture Partners.
1 min read · 07 March 2018
Palo Alto, California-based TripActions, a business travel platform, has raised $51 million in Series B financing. Arif Janmohamed, a partner at Lightspeed Venture Partners, led the round with participation from Oren Zeev of Zeev Ventures.
1 min read · 07 March 2018
Kelly Klee Inc, a digital insurance broker "for successful Americans," has raised $4.5 million in seed funding. The investors included David Wong, former general partner at Brentwood Associates and Langdell Investments.
1 min read · 07 March 2018
Conga has agreed to acquire Indianapolis-based Octiv, a provider of web-based document solutions. No financial terms were disclosed. Conga's backers included Salesforce Ventures while Octiv was backed by Greycroft Partners, Allos Ventures, High Alpha Capital and GE Ventures.
3 min read · 07 March 2018
Mountain View, California-based The Fabric, a co-creation foundry focused on the cloud and infrastructure sector, has raised $15 million for its third fund. Fabric 3's investors include Verizon Ventures and March Capital Partners. The target is $20 million. The fund is expected to close by the end of April.
3 min read · 07 March 2018
