VCJ Staff

Koozoo Closes on $2.5M Seed Round

Online video platform Koozoo has raised $2.5 million in seed funding led by New Enterprise Associates and Tugboat Ventures. Angel investors participating in this round included Dave Moellenhoff, co-founder and former CTO of Salesforce.com, and Michael Covarrubias, Chairman & CEO of TMG Partners. Koozoo describes itself as a “crowd-sourced network of continuously broadcasting smartphone video cameras.”

One Kings Lane Adds $50M

One Kings Lane has added $50 million in Series D financing. Institutional Venture Partners led the round, which also included investment from Kleiner Perkins Caufield & Byers, Greylock Partners, Tiger Global Management, and new investor Scripps Networks Interactive Inc. The company, a seller of online home furnishings, has raised a total of $117 million to date.

Q-Sensei Adds Funding

Q-Sensei Corp., a developer of search technology, has raised an undisclosed amount of funding led by Verizon Ventures. The round includes follow-on funding from bm-t beteiligungsmanagement Thüringen GmbH, the private equity and venture capital arm of Germany's Thüringer Aufbaubank, and certain private angel investors.

Galera Therapeutics Inks $11M

Galera Therapeutics Inc., a developer of drugs targeting oxygen metabolic pathways in cancer, fibrosis and other human diseases, has raised $11 million Series A funding. The round is co-led by New Enterprise Associates and Novartis Venture Fund and includes participation from Correlation Ventures. The money will be used to expand clinical development.

Sharklet Technologies Seals $2M from Altria

Altria Ventures, the venture capital investment arm of Altria Group Inc., is putting $2 million into Sharklet Technologies in exchange for a 12.5 percent stake in the company. Sharklet Technologies is based in Aurora, Colo., and is developing bacteria-inhibiting micro-texture surface technology.

GlassPoint Solar Raises $26M

GlassPoint Solar Inc., a developer of solar enhanced oil recovery technology, has raised $26 million in Series B financing. Investors in the round include Royal Dutch Shell, RockPort Capital, Nth Power and Chrysalix Energy Venture Capital. The company is headquartered in Fremont, Calif. with offices in Bakersfield, Calif.; Muscat, Oman; and Shenzhen, China.

Bicycle Therapeutics Closes $6M Round

Bicycle Therapeutics has closed on 3.75 million ($6 million) in new funding. Current investors Atlas Venture, Novartis Venture Fund, SR One and SV Life Sciences were joined by new investor Astellas Venture Management, the venture capital arm of Astellas Pharma. Bicycle Therapeutics is a biotechnology company based in Cambridge, U.K.

MoMinis Seals $6M

Game development startup MoMinis has closed on $6 million in Series B financing. Gemini Israel Ventures led the round, which included participation from existing investor BRM Group. Formed in 2008, the company has also raised money from Mitsui Ventures.

VCJ Video: Rich Miner of Google Ventures Talks Strategy

Rich Miner of Google Ventures tells VCJ he likes startups that focus on the “quantified self,” helping users track health and lifestyle profiles

Intel Capital Backs Validity Sensors

Validity Sensors has raised $22 million in Series E financing, including investment by Intel Capital. The company held an initial close of the round in early October, led by TeleSoft Partners and including participation by Qualcomm Ventures, VentureTech Alliance, Panorama Capital and Crosslink Capital. Validity Sensors is backed by San Jose, Calif.