Khosla Ventures related stories
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- Ripple Foods racks up $65 mln Series C
Ripple Foods, a maker of nutritious plant-based dairy alternatives, has secured $65 million in Series C funding. Euclidean Capital led the round with participation from other investors that included Goldman Sachs, Fall Line Capital, GV, Prelude Ventures, S2G Ventures and Khosla Ventures.
- EtaGen raises $83 million from American Electric Power, Centrica Innovations, Statoil Energy Ventures, Bill Gates, others
EtaGen said it raised $83 million of Series C financing from new investors American Electric Power, Centrica Innovations, Statoil Energy Ventures, KCK Group and Louis M. Bacon, and existing investors Bill Gates and Khosla Ventures. Ten investors participated in the round.
- Construction tech company Katerra racks up $865 mln Series D
Construction tech company Katerra has secured $865 million in Series D funding. SoftBank Vision Fund led the round with participation from others that included Canada Pension Plan Investment Board, a fund managed by Soros Fund Management LLC, Tavistock Group, Navitas Capital and DivcoWest. In conjunction with the funding, Jeffrey Housenbold of SoftBank Investment Advisers will join Katerra’s board of directors.
CPPIB among backers of Katerra's $865 mln Series DU.S. construction-focused technology startup Katerra Inc has raised US$865 million in a Series D financing. SoftBank Vision Fund led the round with participation from several new and existing investors, including Canada Pension Plan Investment Board (CPPIB). Founded in 2015, Menlo Park, California-based Katerra provides a service model and software platform that aim to reduce the time and costs associated with building development, design and construction. It will use the funds raised for continued manufacturing expansion and further investment in R&D.
Georgian Partners leads $27 mln Series C funding of BidgelyMountain View, California-based energy management company Bidgely has raised US$27 million in a Series C financing, bringing its total funding to US$51 million. Georgian Partners, a Canadian growth equity firm, led the round. It was joined by existing investors, including Khosla Ventures, E.ON and innogy. Founded in 2011, Bidgely's software-as-a-service platform applies machine learning to utility meter data to itemize the amount and cost of energy used by customers. Led by CEO Abhay Gupta, the company plans to use the proceeds of the Series C to advance its growth opportunities in the utility analytics space.
Storytelling app Wattpad secures $61.2 mln in latest roundWattpad, a Toronto-based multi-platform entertainment company for original stories, has raised about $61.25 million (US$51 million) in fresh funding. Investors included Tencent Holdings, BDC Capital, Kickstart Ventures, Peterson Group and Raine. Founded in 2006, Wattpad has created a social platform that builds direct connections between readers and writers. Its community now totals more than 65 million people. The company, which has so far secured US$117.8 million in venture capital, will use the latest funds raised to grow its team, invest in machine learning and interactive storytelling, expand its footprint in TV, film, digital media and publishing, and for other innovations.
- Bidgely hauls in $27 mln Series C
Bidgely, a provider of analytics for home energy management, has secured $27 million in Series C financing. Georgian Partners led the round with participation from other investors that included Khosla Ventures, E.ON, Constellation Technology Ventures and Innogy.
- OurCrowd rolls out $100 mln fund Cognitiv
Jerusalem-based OurCrowd, a global equity crowdfunding platform, has launched Cognitiv, a $100 million fund. Cognitiv is focused on early-stage companies that leverage AI, deep-learning, IoT, robotics and digital manufacturing.
- Goldman Sachs backs real estate investment platform Cadre
Cadre, a real estate investment platform, has secured $250 million from Goldman Sachs' private wealth clients. The transaction will allow Goldman's clients to invest in a portfolio of U.S. commercial real estate assets. Cadre is backed by Andreessen Horowitz, Khosla Ventures, Ford Foundation, Thrive Capital and General Catalyst.