Crane related stories
All articles and analysis
Crane Venture Partners collects $140m for sophomore fundThe fund will focus on "the open source, artificial intelligence, data and developer tools being used to build the world's digital foundations."
Lune scores $4mLune, a climate tech company, has raised $4 million in funding.
Invision Capital sells Waterfront Brands from MPEMPE Partners has acquired Waterfront Brands from Invision Capital.
Rev1 Ventures unveils second $20m fundRev1 Ventures is launching its second $20 million fund that will back high-growth companies in Ohio and beyond.
MassMutual Ventures unveils third $100m fundMassMutual Ventures has launched a third $100 million venture fund.
- SpotQA grabs $3.25 mln seed
SpotQA, a provider of automated software testing, has raised $3.25 million in seed funding. Crane Venture Partners led the round with participation from Forward Ventures, Downing Ventures and Acequia Capital.
- Accel and Balderton Capital lead Series A round for Tessian
UK-based Tessian, a machine intelligent email security platform, has secured $13 million in Series A funding. Balderton Capital led the round with participation from Accel, Amadeus Capital Partners, Crane, LocalGlobe, Winton Ventures and Walking Ventures. UPDATE: Accel was the co-lead investor in this funding, according to a source familiar with the transaction.
- Onfido snaps up $30 mln
London-based Onfido, an identity verification provider, has secured $30 million in funding. Crane Venture Partners led the round with participation from other investors that included Microsoft Ventures and Salesforce Ventures.
- CheckRecipient grabs $2.7 mln
London-based CheckRecipient, a machine learning startup, has raised $2.7 million funding. Accel and LocalGlobe led the round with participation from Winton Ventures, Amadeus Capital Partners and Crane.
Venture-backed newterra acquires Crane's water businessNewterra Ltd, a designer and manufacturer of modular water treatment systems, has bought Crane Water, a division of U.S.-based diversified industrial manufacturer Crane Co. The acquisition price was not released. Newterra said the deal brings expertise in water technologies to the company, as well as opportunities for its modular treatment offerings. Based in Brockville, Ontario, newterra has been backed by Canadian venture capital firm XPV Capital Corp since 2012. Last October, XPV also led an equity financing of the company with the participation of Angeleno Group, RobecoSAM, Ontario Venture Capital Fund, Black Coral Capital and West Investments.