Private Equity
Redmond, Washington-based EndoGastric Solutions, a provider of incisionless procedural therapy for gastroesophageal reflux disease, has secured $30.5 million in financing. The investors included Advanced Technology Ventures, Canaan Partners, Canepa Healthcare, Chicago Growth Partners, CRG, Radius Ventures and Sightline Partners.
1 min read · 11 July 2018
Louisville, Kentucky-based SentryHealth, a healthcare company formerly known as Edumedics, has closed $9.5 million in Series A financing. Lunsford Capital led the round.
1 min read · 11 July 2018
Otsuka has agreed to acquire Visterra, a developer of antibody-based therapies for the treatment of patients with kidney diseases and other hard-to-treat diseases, for about $430 million in cash. The deal is expected to close in the third quarter of this year. Visterra is backed by Polaris Partners, Flagship Pioneering, the Bill and Melinda Gates Foundation, MRL Ventures Fund, Vertex Ventures HC, Serum Institute of India Private Ltd., Temasek Holdings, Omega Funds, Cycad Group, Lux Capital, Alleghany Financial Group Ventures, CTI Life Sciences Fund and Alexandria Equities.
4 min read · 11 July 2018
Forbion said July 11 that its fourth flagship fund closed on 270 million euros ($316.3 million), surpassing its 250 million euros target. Forbion IV will focus on biotech and seek to invest in about 15 companies, mainly in the EU and UK.
3 min read · 11 July 2018
2 min read · 11 July 2018
First Analysis, a mid-stage venture firm, has closed its thirteenth fund at $91 million. First Analysis focuses on technology and healthcare investing.
1 min read · 10 July 2018
4 min read · 10 July 2018
Israel Cleantech Ventures has set out to raise a $75 million third venture-capital fund, according to a filing with the SEC.
1 min read · 10 July 2018
Virtudent, a provider of mobile dental clinics and tele-dentistry services for employers, has raised $8 million in Series A financing. The lead investor was .406 Ventures. Other participants in the round were SpringRock Ventures and The Sparta Group.
1 min read · 10 July 2018
Long Hill Capital Venture Partners has raised over $252 million for its second fund, according to an SEC filing. The Shanghai-based firm invests in technology-enabled healthcare and consumer companies.
1 min read · 10 July 2018