Lux Capital Management related stories
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Evolv Technology adds General Catalyst co-founder Orfao to boardEvolv Technology, a creator of a people-screening system that detects weapons and bombs, has named David Orfao and Alan Cohen to its board of directors. Orfao is a co-founder of General Catalyst while Cohen was recently a chief commercial officer at Illumio.
- Lux Capital promotes three
Lux Capital has made a number of promotions, according to a blog post https://medium.com/@lux_capital/69b90a100893 Segolene Scarborough is now chief financial officer; Zavain Dar has been promoted to partner; and Brandon Reeves is now a principal. The Menlo Park, California-based venture firm invests in emerging technologies in the physical and life sciences industries.
- Visla Labs inks $3 mln seed
San Francisco-based Visla Labs, an AI medical diagnostics platform for radiology, has raised $3 million in seed funding. Lux Capital led the round.
- Nozomi Networks locks in $30 mln Series C
San Francisco-based Nozomi Networks Inc, a provider of real-time cybersecurity and operational visibility for industrial control systems, has raised $30 million in Series C financing. The investors included Planven Investments SA, GGV Capital, Lux Capital, Energize Ventures and THI Investments.
- Otsuka completes Visterra acquisition for about $430 mln
Otsuka has closed its previously announced acquisition of Visterra, a developer of antibody-based therapies for the treatment of patients with kidney diseases and other hard-to-treat diseases, for about $430 million in cash. Visterra's backers included Polaris Partners, Flagship Pioneering, the Bill and Melinda Gates Foundation, MRL Ventures Fund, Vertex Ventures HC, Temasek Holdings, Lux Capital, Alleghany Financial Group Ventures, CTI Life Sciences Fund and Alexandria Equities.
Brookfield Ventures leads Latch's $70 mln Series B roundLatch, a New York-based maker of a smart access system, has raised US$70 million in a Series B financing. The round was led by Brookfield Ventures, the technology investment arm of Canadian alternative assets manager Brookfield Asset Management. It was joined by Lux Capital, RRE Ventures, Primary Venture Partners, Third Prime, Camber Creek, Corigin Ventures, Tishman Speyer and Balyasny Asset Management. Brookfield Properties is installing Latch's system throughout its multi-family properties in development, the company said.
- Brookfield Ventures leads Series B round for Latch
New York City-based Latch, a maker of smart access system, has raised $70 million in Series B funding. Brookfield Ventures led the round with participation from Lux Capital, RRE Ventures, Primary Venture Partners, Third Prime, Camber Creek, Corigin Ventures, Tishman Speyer and Balyasny Asset Management.
- Healthcare tech firm RDMD lands $3 mln seed
RDMD, a healthcare tech company, has raised $3 million in seed financing. Lux Capital led the round with participation from other investors that included Village Global, First Round's Healthcare Co-Op, Garuda and Shasta Ventures.
- Wireless internet provider Common Networks raises $25 mln
San Francisco-based Common Networks, a provider of affordable enterprise-grade internet service, announced it has raised $25 million in Series B funding. General Catalyst led the round, which included existing investors Eclipse Ventures and Lux Capital. As part of the latest round, General Catalyst Managing Director Hemant Taneja has joined the board. The company, founded in 2016, has now raised more than $34 million in funding.