Lux Capital Management related stories
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Pivotal Commware scores $17 mlnBellevue, Washington-based Pivotal Commware, a provider of holographic technology, has raised $17 million in funding. The Thermo Companies and DIG Investment were the lead investors. Other investors that participated in the round included Bill Gates, Lux Capital and the family office of Barry Sternlicht.
- Eclipse, Lux lead Series A funding for Common Networks
San Francisco-based Common Networks, a provider of high-speed wireless internet service, announced it has raised $7 million in Series A funding from Eclipse Ventures and Lux Capital. The company, founded in in 2016, previously raised $2.3 million in seed-stage funding from Eclipse and a number of individual investors.
- Drone Racing League takes in over $20 mln Series B
The Drone Racing League, a drone racing circuit for elite FPV pilots, has secured more than $20 million in Series B funding. Sky, Liberty Media Corporation and Lux Capital led the round with participation from other investors that included Allianz, Hearst Ventures, RSE Ventures, Lerer Hippeau Ventures and Courtside Ventures. LionTree Advisors provided financial advice to DRL on the transaction while Morrison & Foerster was the company's legal adviser.
- Echodyne takes in $29 mln Series B
Echodyne Corp, a provider of data for autonomous machines and vehicles, has secured $29 million in Series B financing. New Enterprise Associates led the round with participation from other investors that included Bill Gates, Madrona Venture Group, Vulcan Capital, Lux Capital and The Kresge Foundation.
- Aira fetches $12 mln Series B
Aira, a developer of smart products for the vision impaired, has raised $12 million in Series B funding. Jazz Venture Partners and Arboretum Ventures led the round with participation from other backers that included Lux Capital, ARCH Venture Partners, Felicis Ventures and the National Federation of the Blind.
- Flex Logix Tech raises $5 mln
Flex Logix Technologies Inc said May 8 that it raised $5 million in Series B equity financing led by Lux Capital and Eclipse Ventures. The Tate Family Trust also participated. Flex Logic, of Mountain View, California, supplies embedded FPGA IP and software.
- Orbital Insight inks $50 mln Series C
Mountain View, California-based Orbital Insight, a geospatial analytics and software company, has raised $50 million in Series C funding. Sequoia Capital led the round with participation from Envision Ventures, Balyasny Asset Management, Geodesic Capital, ITOCHU Corporation, Intellectus Partners, GV, Lux Capital and CME Ventures.
- Deep Sentinel fetches $7.4 mln Series A
Deep Sentinel, a provider of AI-based home protection solutions, has raised $7.4 million in Series A funding. Shasta Ventures led the round with participation from other investors that included Bezos Expeditions and Lux Capital.
- Clinical research company Science 37 nets $29 mln Series C
Los Angeles-based Science 37, a clinical research company, has secured $29 million in Series C funding. Glynn Capital Management led the round with participation from GV, Amgen Ventures, Lux Capital, Redmile Group, dRx Capital and Sanofi Ventures.