Niche, a platform that helps people choose schools and neighborhoods, has raised $6.6 million in Series B funding. Allen & Company LLC and Grit Capital Partners led the round. In conjunction with the funding, Paul Palmieri, a general partner of Grit Capital Partners, has joined the Niche's board of directors.
1 min read · 08 February 2018
Vreal, a virtual reality livestreaming and broadcast platform, has raised $11.7 million in Series A funding. Axioma Ventures led the round with participation from Intel Capital, AET Fund, Upfront Ventures, Vulcan Capital and CRCM Ventures.
1 min read · 08 February 2018
Woburn, Massachusetts-based Ionic Materials, a materials technology company that enables next-generation solid-state batteries, has secured $65 million in Series C financing. The investors in this round included Alliance Ventures, according to Crunchbase.
1 min read · 08 February 2018
Rani Therapeutics, a developer of a pill designed to replace injectable drug delivery for patients suffering from chronic diseases, has raised $53 million in funding. The investors included GeneScience Pharmaceuticals, Bossa Ventures, Cathay Venture Inc, GV, Alphabet Inc's investment arm, Novartis, AstraZeneca, Ping An Ventures and Virtus Ventures.
1 min read · 08 February 2018
TribalScale, a creator of digital product strategy, design, and development, has launched TribalScale Venture Studios, a $100 million, five-year program that will connect entrepreneurs with Fortune 500 companies to launch industry-specific startups. The program will focus on four sectors: financial services, automotive, media and travel and hospitality. TribalScale has offices in Toronto, New York City, San Francisco, Dubai and Irvine, California.
4 min read · 08 February 2018
Austin, Texas-based MineralSoft, a software company focused on developing solutions to manage oil and gas investments, has closed $4 million in Series A funding. Cottonwood Venture Partners led the round with participation from Blue Bear Capital and Y Combinator.
1 min read · 08 February 2018
Seattle-based Icertis, a provider of enterprise contract management in the cloud, has secured $50 million in Series D funding. Meritech Capital Partners led the round with participation from PSP Growth, Cross Creek Advisors, B Capital Group, Ignition Partners, Greycroft and Eight Roads Ventures.
1 min read · 08 February 2018
Canadian medical cannabis company Tilray has closed C$60 million in Series A funding. The investors were not identified. Cowen was the placement agent on the fundraising while Cooley LLP provided legal counsel. Tilray is a portfolio company of Privateer Holdings, a legal cannabis-focused private equity firm.
4 min read · 08 February 2018
TrueBridge Capital Partners has closed its fifth venture capital fund-of-funds at a hard cap of $450 million, beating its $375 million target. TrueBridge Fund V's limited partners include foundations and endowments, corporate and public pension funds, family offices and high-net-worth individuals.
3 min read · 07 February 2018
Liza Landsman is joining New Enterprise Ventures as a venture partner. Her appointment begins in the early spring. Currently, Landsman is president of Jet.com.
3 min read · 07 February 2018
