Private Equity
Benevity Inc said Oct. 22 that it raised $40 million in a Series C round from General Atlantic and JMI Equity. Benevity, of Calgary, provides corporate social responsibility and employee engagement software.
4 min read · 22 October 2019
Berkeley, California-based Medinas, a technology-driven asset management company for hospitals, has raised $5 million in seed funding. NFX led the round with participation from other investors that included Precursor Ventures, Sound Ventures, FJ Labs and Bryan Frist.
1 min read · 22 October 2019
San Diego-based Intrepida Bio Inc, a newly launched drug developer, has secured $9.5 million in funding. The investors were Sofinnova Investments and Canaan.
1 min read · 22 October 2019
Catalyst Health Ventures has raised $60.5 million for its fourth fund, according to an SEC filing. The target was $100 million. Based in Braintree, Massachusetts, Catalyst Health Ventures targets tech solutions in the healthcare and life science industries.
1 min read · 22 October 2019
Edmonton-based Metabolomic Technologies Inc, a developer of metabolomics-based in-vitro diagnostics, has raised $4.2 million in Series A funding. The investors were not named.
1 min read · 22 October 2019
Next Coast Ventures has named Zaz Floreani as a principal. Previously, she worked at Dropoff where she served as vice president of corporate development.
3 min read · 22 October 2019
Luge Capital has raised additional resources for its debut early-stage financial technology venture capital fund, bringing it to a total size of $85 million. The new commitments came from iA Financial Group and BDC Capital, which join existing Luge investors Caisse de dépôt et placement du Québec, Desjardins Group, Sun Life Financial, Fonds de solidarité FTQ and La Capitale. Montréal- and Toronto-based Luge was founded last year by General Partners David Nault and Karim Gillani. It has to date led or co-led investments in Finaeo, Flare Systems, Flinks and Owl.co.
3 min read · 22 October 2019
Microsoft has acquired Mover, an Edmonton, Alberta-based provider of cloud file migration, according to a Microsoft announcement. No financial terms were disclosed. Mover was backed by Yaletown Partners.
1 min read · 21 October 2019
Instabase, a platform company for business applications, has raised $105 million in Series B funding. Index Ventures led the round with participation from other investors that included Greylock Partners, New Enterprise Associates, Andreessen Horowitz, Spark Capital, Tribe Capital, SC Ventures and Glynn Capital. In addition to the funding, Sarah Cannon, a partner at Index Ventures, will join Instabase’s board of directors.
1 min read · 21 October 2019
GreenPark Sports has raised $8.5 million in seed funding. The investors included SignalFire, Sapphire Sports and Founders Fund. GreenPark Sports is a publisher and developer of digital experiences and mobile games for the sports and eSports fans.
1 min read · 21 October 2019
