Managers

Post Venture Capital Index gains ground in August

Bonfire Ventures to raise $20 mln venture-capital fund

Bonfire Ventures has set out to raise a $20 million venture-capital fund, according to a filing with the SEC.

Dental industry platform CareStack procures $16 mln

Florida and India-based CareStack, a technology platform for the dental industry, has raised $16 million in funding. Accel, F-Prime Capital Partners and Eight Roads Ventures led the round.

Energize Ventures gathers over $101 mln for fund

Energize Ventures has raised over $101 million for its new fund, according to an SEC filing. No target was listed on the document.

VC-backed SI-BONE files to go public

Santa Clara, California-based SI-BONE Inc, a medical device company, has filed for an IPO. The number of shares that will be sold as well as its pricing terms have yet to be set. SI-BONE plans on trading the stock on the NASDAQ under the ticker symbol "SIBN." Morgan Stanley and BofA Merrill Lynch are the lead underwriters. SI-BONE’s pre-IPO backers included Redline Capital Management, Orbimed, Novo A/S, Skyline Ventures and Montreux Equity Partners.

Tvardi Therapeutics lands $9 mln Series A

Houston, Texas-based Tvardi Therapeutics, a biopharmaceutical company focused on developing STAT3 inhibitors, has closed $9 million in Series A financing. The investors were not named.

Silverback Therapeutics racks up $47.5 mln

Seattle-based Silverback Therapeutics Inc, a biotech company developing a pipeline of "systemically delivered, locally active" therapies, has extended its Series A financing round, bringing in the total tally to $47.5 million. OrbiMed led the round with participation from return backers Celgene Corporation and Alexandria Venture Investments.

The Ziegler Link•Age Fund II backs three healthcare firms

The Ziegler Link•Age Fund II L.P. has made investments in three healthcare-focused firms: Chronic Care Management, a technology and services care management provider; Socially Determined, a healthcare data company; and AllyAlign Health Inc, a care management services organization focused on helping long-term care providers,. No financial terms were disclosed.

Digital healthcare platform Vezeeta procures $12 mln Series C

Egypt-based Vezeeta, a digital healthcare platform, has raised $12 million in Series C funding. STV led the round with participation from BECO Capital, Vostok New Ventures, Silicon Badia and Crescent Enterprises' CE Ventures.

Galera Therapeutics fetches $150 mln Series C

Malvern, Pennsylvania-based Galera Therapeutics Inc, a clinical-stage biotechnology company, has secured $150 million in Series C financing. Clarus led the round with participation from Adage Capital Management, HBM Healthcare Investments, Nan Fung Life Sciences, RA Capital, Rock Springs Capital, Tekla Capital Management LLC, Correlation Ventures, Galera Angels, New Enterprise Associates, Novartis Venture Fund, Novo Ventures and Sofinnova Ventures. In conjunction with the funding, Dr. Emmett T. Cunningham Jr, a managing director at Clarus, will join Galera’s board of directors.