Private Equity
Chinese e-commerce giant JD.com's logistics division has raised $218 million for a new fund that will invest in companies and technologies specializing in logistics, reported Reuters. The fund's limited partners will include JD Logistics and JD.com's mother company.
1 min read · 25 June 2019
Luxembourg-based Vesalius Biocapital, a life sciences venture firm, has closed its third fund at 120 million euros. The fund's investors includes the European Investment Fund. Vesalius Biocapital III targets later-stage European life science companies in drug development, medtech, diagnostics and digital health.
3 min read · 25 June 2019
Gradient Ventures has made an additional investment in BenchSci, bringing the latter company's total funding to $20.5 million. Based in Toronto, BenchSci is an AI-assisted antibody selection platform.
1 min read · 25 June 2019
Austin-based Santé Ventures, a healthcare and life sciences investment firm, has appointed Dennis McWilliams as a venture partner. McWilliams is the founder of SparkMed Advisors.
2 min read · 25 June 2019
South San Francisco-based Frontier Medicines, a biopharmaceutical company, has raised $67 million in funding. Deerfield Management, Droia Oncology Ventures and MPM Capital led the round.
1 min read · 25 June 2019
DTCP has closed its second venture and growth fund at $350 million. The fund's limited partners include Deutsche Telekom, HarbourVest Partners and Neuberger Berman. The fund will invest between $5 million and $50 million in enterprise SaaS companies.
3 min read · 25 June 2019
1 min read · 24 June 2019
Lightspeed Venture Partners has raised $2.11 billion of new capital, according to a filling with the SEC.
1 min read · 24 June 2019
New York-based Phreesia, a healthcare software company, has filed for an IPO. The number of shares that will be sold as well as the stock's pricing terms have yet to be set. The company plans on trading the stock on the New York Stock Exchange under the ticker symbol "PHR." J.P. Morgan, Wells Fargo Securities and William Blair are the lead underwriters. Phreesia's backers include LLR Partners, HLM Venture Partners, Polaris Partners, Ascension Ventures, Echo Health Venture and Blue Cross Blue Shield Venture Partners.
2 min read · 24 June 2019
Singapore-based Tin Men has raised over $20.8 million for its debut venture fund, according to an SEC filing. No target was listed in the document.
1 min read · 24 June 2019
