Private Equity
Ablynx, a Belgian biopharmaceutical company, has filed for an IPO. The number of shares that will be sold as well as the stock's pricing terms have yet to be set. Ablynx, which currently trades on the Euronext Brussels, is planning on listing its U.S. stock on the NASDAQ under the ticker symbol ABLX.” BofA Merrill Lynch, J.P. Morgan and Jefferies are the lead underwriters. According to Crunchbase, Ablynx's backers include Abingworth, Alta Partners, Gimv and Sofinnova Partners.
3 min read · 03 October 2017
Altibbi, a digital health platform focused on businesses and consumers in the Middle East-North Africa region, raised a $6.5 million funding round. Dash Ventures and Middle East Venture Partners led the round, while three new strategic investors -- TAMM, RIMCO Investments and Endeavor’s Catalyst Fund – participated.
1 min read · 03 October 2017
7 min read · 03 October 2017
New Haven, Connecticut-based PatientWisdom, a digital application that makes it easy for patients to share stories about themselves, has secured an undisclosed amount of funding. The investor is OSF Ventures.
3 min read · 03 October 2017
Salesforce Ventures has raised $50 million for its newest fund. The Salesforce Impact Fund will focus on companies using Salesforce technology. So far, the fund has invested in companies that include Angaza, Ellevest, Hustle and ViridisLearning.
4 min read · 03 October 2017
Equity crowdfunding platform OurCrowd has formed a partnership with Cardumen Capital, a Spanish-Israeli venture capital fund focused on "deep tech" startups. Gonzalo Martinez de Azagra, the former head of Samsung Ventures Israel, is leading the fund.
3 min read · 03 October 2017
4 min read · 03 October 2017
H Capital has set out to raise a $500 million fourth venture fund, according to a filing with the SEC.
1 min read · 02 October 2017
Canadian cannabis investment firm Green Acre Capital has closed its debut fund, Green Acre Capital Fund I, raising $25 million. Most committed capital was secured from wealthy investors, with York Plains Investment Corp, W. Brett Wilson and Aphria Inc providing lead commitments. The fund will target investments in Canadian growth-stage ancillary companies in the legal medical and recreational cannabis industry. Its initial deals include Tokyo Smoke, a cannabis lifestyle and retail brand, and a merger of smoke shop product distributors. Based in Toronto, Green Acre is led by Managing Directors Matt Shalhoub and Tyler Stuart.
2 min read · 02 October 2017
NFX is seeking to raise $150 million for its debut venture fund, according to an SEC filing. The firm invests in next-generation tech companies.
1 min read · 02 October 2017
