News

Tangen Biosciences lands $9 mln Series A

Branford, Connecticut-based Tangen Biosciences Inc, a molecular diagnostics company, has raised $9 million in Series A funding. Connecticut Innovations led the round with participation from other investors that included VC23, Axiom and Leading Edge Ventures.

Houston-based Mercury Fund raises more than $82 mln, seeks $125 mln

Houston, Texas-based Mercury Fund has raised $82.25 million of a $125 million targeted fourth fund, Mercury Fund Ventures IV, according to a regulatory filing. The fund is the firm's largest to date, having closed on $105 million in 2014. The commitments to date have come from 85 investors, according to the filing.

Four venture firms seek opportunities from Facebook’s Libra cryptocurrency

Revelstoke raises over $437 mln for sophomore fund

Revelstoke Capital Partners has raised over $437 million for its second fund, according to an SEC filing. No target was listed in the document. The Denver-based private equity firm invests in healthcare and related business services.

Sequoia Capital India collects $694.5 mln for sixth fund

Sequoia Capital India has raised $694.5 million for its sixth fund, according to an SEC filing. No target was listed in the document.

Vida Health procures $30 mln Series C

San Francisco-based Vida Health, a personalized virtual care platform for physical and behavioral health, has secured $30 million in Series C funding. The investors included GuideWell Mutual Holding Corporation, Teladoc Health and Workday Ventures.

Great North Labs wraps up maiden fund at $23.7 mln

Great North Labs has closed its debut fund at $23.7 million. Great North Labs invests in tech startups based in the Upper Midwest.

Accel, A16z stand to gain as Slack shares trade Thursday

Russian bank Sberbank and 500 Startups partner to run innovation accelerator in Moscow

Structure Capital to raise $50 mln venture fund

Structure Capital has set out to raise a $50 million venture-capital fund, according to a filing with the SEC.