New Enterprise Associates related stories
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Paladina Health snags $165 mln in NEA-led roundDenver-based healthcare company Paladina Health has secured $165 million in funding. New Enterprise Associates led the round with participation from other investors that included Oak HC/FT, Alta Partners and Greenspring Associates.
- Sitetracker attracts $24 mln in NEA-led round
Palo Alto, California and Montclair, New Jersey-based Sitetracker, the standard for managing high-volume critical infrastructure projects, has raised $24 million in funding. New Enterprise Associates led the round with participation from other investors that included Wells Fargo Strategic Capital and Salesforce Ventures.
- Investor group commits $30 mln to merged OvaScience and Millendo
An investor syndicate that includes New Enterprise Associates, Frazier Healthcare Partners, Roche Venture Fund, Innobio managed by Bpifrance, Osage University Partners, Altitude Life Science Ventures, Adams Street Partners, and Longwood Fund has committed to invest $30 million in the newly merged OvaScienceSM and Millendo Therapeutics. OvaScience is a developer of treatments for women and couples struggling with infertility while Millendo Therapeutics Inc is a clinical-stage biopharmaceutical company focused on treating orphan endocrine diseases. The newly combined company is expected to operate under the name Millendo Therapeutics and trade on the NASDAQ under the ticker symbol "MLND."
- Naspers commits to invest $500 mln in letgo
New York-based letgo, which operates a peer-to-peer marketplace to buy and sell goods locally, announced that Naspers has committed to invest $500 million into the company, $150 million of which was transferred earlier this summer. The company, founded in 2015, previously raised more than $475 million from Naspers, Accel, Insight Venture Partners, New Enterprise Associates, 14W, Eight Roads Ventures and other investors.
- Pivotal bioVenture Partners recruits Preston as managing partner
Pivotal bioVenture Partners, a life sciences venture firm, has appointed Dr. Heather Preston as a managing partner. Previously, Preston worked at TPG Biotech where she was a firm partner and managing director. Pivotal is backed by the Nan Fung Group.