Managers

Horizon provides $5 mln to medical device firm Meditrina

Horizon Technology Finance Corporation has provided a $5 million venture loan facility to Meditrina Inc. Based in located in Cupertino, California, Meditrina is a medical device company.

Venture valuations soften modestly in Q1

Yes VC, seeking $50 mln, holds interim close for inaugural fund

San Francisco-based Yes VC has raised $10.755 million toward a $50 million target for its inaugural fund, according to a regulatory filing. The filing reports 44 investors have so far backed the firm, which makes pre-seed and seed-stage investments. The firm was launched last year by Caterina Fake and Jyri Engeström and this year added David Pickerell as an associate.

SaaStr co-founder Mallun Yen seeks $30 mln for Operator Collective

Mallun Yen, co-founder of the blogging platform SaaStr, is seeking to raise $30 million for a venture fund called Operator Collective, according to a regulatory filing. The fund has not yet raised any commitments.

Obvious Ventures seeks third fund on the heels of its Beyond Meat win

LeQuest procures funding

LeQuest, a Dutch provider of medical technology education, has secured 7 million euros in funding. The investors included MedFinance, InnovationQuarter, NextGen Ventures, Noaber Ventures and Philips Health Technology Ventures.

Promethera Biosciences rallies Series D funding

Promethera Biosciences SA, a provider of cell-based medicines, has raised 39.7 million euros in Series D financing. The investors included ITOCHU Corporation, Shinsei Capital Partners, Mirae Asset Capital, Korea Investment Partners, Ci:z Investment LLP and Mitsui & Co.

Elligo Health Research collects $20 mln Series C

Austin-based Elligo Health Research, an integrated research organization, has secured $20 million in Series C funding. Piper Jaffray Merchant Banking led the round.

In a more subdued China, venture funding for agtech soars

M3 Ventures to raise $75 mln venture-capital fund

M3 Ventures has set out to raise a $75 million third venture-capital fund, according to a filing with the SEC.