Managers

SoftBank Vision Fund closes in on $100 bln

Alberta Enterprise, BDC commit to Builders VC's $200 mln fund

Alberta Enterprise Corp and BDC Capital have committed capital to the inaugural fund of Builders VC, a U.S. venture capital firm with an office in Calgary. The size of the commitments was not disclosed. Builders VC has reportedly targeted US$200 million for Fund I. Founded in 2016 by General Partners Jim Kim and Paul Lee, Builders VC invests in early-stage companies with technologies capable of disrupting healthcare, agriculture, industrial and real estate industries. The Calgary office is led by Partner Mark Blackwell. Builder VC's Canadian investments include Calgary-based artificial lift optimization solution Ambyint and Calgary-based capital project delivery platform Veerum.

Providence Ventures backs Trilliant Health

Brentwood, Tennessee-based Trilliant Health, a healthcare analytics and growth company focused on intelligent patient acquisition for hospitals and healthcare providers, has secured additional funding from Providence Ventures. No financial terms were disclosed. Trilliant's other backers include Noro-Moseley Partners, Martin Ventures, Nashville Capital Network and NueCura Partners.

Enzyme Health locks in $1.7 mln in Silverton-led round

Austin-based Enzyme Health, a recruiting marketplace for clinical telehealth jobs, has raised $1.7 million in seed funding. Silverton Partners led the round.

ResMed to buy digital therapeutics firm Propeller Health for $225 mln

ResMed has agreed to acquire Madison, Wisconsin-based Propeller Health, a digital therapeutics company, for $225 million. DLA Piper is serving as legal counsel to ResMed on the deal. And, Allen & Company LLC is providing financial advice to Propeller while Fenwick & West LLP is serving as legal counsel. Propeller Health's backers include Aptar Pharma, Safeguard Scientifics, Social Capital, Hikma, 3M Ventures and SR One.

Lumeon picks up $28 mln

Boston-based Lumeon, a provider of a path careway management platform, has secured $28 million in funding. LSP led the round.

Fitness startups pumping to change your at-home workouts

Corporate VCs pay up: Deal value at decade high

Slow Ventures seeks $235 mln for venture, opportunity funds

Slow Ventures has set out to raise $235 million for a fourth venture fund and a first opportunity fund, according to filings with the SEC.

Strong Ventures collects $15 mln for third seed fund

Strong Ventures has raised $15 million for its third seed fund, according to an SEC filing. The target is $40 million. The California-based venture firm backs Korean/Asian/global entrepreneurs.