Managers

More evidence of rising valuations in venture

Tear Film nabs $9 mln

Tear Film Innovations Inc, a developer of dry eye care products, has closed $9 million in funding. Visionary Ventures Fund LP and Tigris Ventures LLC led the round.

Norwest Venture Partners leads funding round for VisitPay

VisitPay, formerly known as iVinci Health, has raised an undisclosed amount of funding. Norwest Venture Partners led the round with participation from other investors that included Ascension Ventures. Based in Boise, Idaho, VisitPay is a patient financial health platform.

Drug developer Invirsa snags $520K

Ohio-based drug developer Invirsa has secured $520,000 in seed financing. CincyTech led the financing with participation from Rev1 Ventures.

Brain health tech company Interaxon attracts $11.6 mln

Ontario, Canada-based Interaxon Inc, a brain health technology company, has secured $11.6 million in funding. Trend Forward Capital, Export Development Canada and OMERS Ventures led the round.

EOC Pharma Group pulls in $32 mln Series B

China-based EOC Pharma Group, an oncology-focused development and commercialization company, has closed $32 million in Series B financing. Taikang Investment led the round with participation from Sequoia China and H&Q Asia Pacific.

Berlin’s Target Global is sticking with companies for longer

SoftTech pours out new brand: Uncork Capital

VC Milner responds to revelation that his firm's Facebook and Twitter investments were backed by Kremlin

Blockchain investor NextBlock drops plans to go public

NextBlock Global, a Toronto-based digital asset investment firm, has decided against doing a go-public transaction. The firm, which raised $20 million in July and was looking to raise as much as $100 million from the go-public transaction, said it "stumbled" in its efforts. Last week, Forbes reported that NextBlock had sent false marketing materials to potential investors. Founded this year by CEO Alex Tapscott, NextBlock is focused on investing in blockchain and cryptocurrency technology opportunities. It said it is "excited as ever" about market opportunities and will "work hard to rebuild the trust of those we have disappointed."