Private Equity
The House, Google’s Gradient Ventures and machine learning researchers from UC Berkeley have teamed up to launch AI@The House, an artificial intelligence innovation hub at the university that includes an AI accelerator. The accelerator will help AI-focused companies with thought leadership, venture funding and provide engineer office hours and co-hosting events. Investments in the accelerator companies will reach up to $120,000, and companies are eligible for additional investment from The House. Any company with at least one UC Berkeley affiliated founder on the team is eligible to apply.
1 min read · 17 January 2018
Ontario Capital Growth Corp (OCGC), an agency of the Ontario government, said it plans to commit $60 million to venture capital funds investing in sectors of interest to the provincial economy. OCGC, launched in 2009, will commit the capital alongside institutional, corporate and other investors in specialty funds focused on opportunities in clean technology, information technology, and life sciences. Led by President and CEO Steve Romanyshyn, OCGC reports its market activity has helped leverage more than $300 million invested in technology companies.
2 min read · 16 January 2018
Scaleworks has raised $10 million for its new venture finance fund, according to a blog post. The fund will make loans to growing SaaS companies. Karl Pichler, former chief financial officer at Rackspace, will manage the fund.
1 min read · 16 January 2018
Baltimore-based Tissue Analytics, a provider of wound and skin care solutions, has raised $5 million in Series A funding. DigiTx Partners led the round with participation from Tencent, Dreamit, Molnlycke Health Care, Intermountain Healthcare and Penn Medicine.
2 min read · 16 January 2018
Xplorer Capital has raised over $25 million for its third fund, according to an updated SEC filing. No target was listed on the document. The venture firm invests in internet and digital media businesses in emerging markets.
1 min read · 16 January 2018
SV Health Investors has promoted Denise Marks to chief administrative partner from chief financial officer and Brent Faduski to chief financial officer from controller. Marks first joined the firm in 2003 while Faduski came on board in 2008.
2 min read · 16 January 2018
Aprinoia Therapeutics Inc, a clinical-stage neuroscience biotech company, focuses on tau, alpha-synuclein, and novel targets for neurodegenerative diseases, has closed $11.1 million in Series B funding. KTB Network and DCI Partners led the round with participation from ShangPharma Investment Group and TaiAn Technologies.
1 min read · 16 January 2018
Owkin, a predictive analytics company that utilizes transfer learning to accelerate drug discovery and development, has secured $11 million in Series A funding. Otium Venture led the round with participation from Cathay Innovation, Plug and Play and NJF Capital. In conjunction with the funding, Bruno Raillard, a partner at Otium Venture, will join Owkin’s board of directors.
1 min read · 16 January 2018
7 min read · 16 January 2018
2 min read · 16 January 2018
