Private Equity
Modern Acupuncture, an acupuncture franchise, has secured an undisclosed amount of funding. The investors included Strand Equity and actress Cameron Diaz.
4 min read · 04 October 2019
Cambridge, Massachusetts-based Gradient AI, an enterprise software provider of artificial intelligence solutions in the insurance technology space, has raised $6 million in Series A financing. Forte Ventures and Sandbox Insurtech Ventures led the round with participation from other backers that included MassMutual Ventures.
1 min read · 04 October 2019
Osaro Inc, a provider of machine learning software for industrial automation, has secured $16 million in Series B funding. The investors included King River Capital, Alpha Intelligence Capital, Founders Fund, Pegasus Tech Ventures and GiTV Fund.
1 min read · 04 October 2019
Relogix, an Ottawa-based workspace analytics platform and Internet-of-Things (IoT) sensor technology company, has closed its Series A financing, raising $4 million. The investors included BDC Capital’s Industrial, Clean and Energy Technology Venture Fund, Mistral Venture Partners and GroundBreak Ventures. Founded in 2010 by CEO Andrew Millar, Relogix provides its solutions to corporate real estate organizations.
2 min read · 03 October 2019
Notion Capital has raised over $150 million for its fourth fund, according to a post on its site. Notion is a venture firm that invests in B2B SaaS companies in Europe.
1 min read · 03 October 2019
Calgary-based Pason Systems Inc, a provider of specialized data management systems for drilling rigs, has agreed to acquire a minority stake in Intelligent Wellhead Systems Inc for $25 million. In addition to Pason's investment, Werklund Growth Fund LP has invested $10 million in IWS. Credit Suisse acted as financial adviser to WFO. Headquartered in Calgary, IWS is an oil and gas technology and service company.
4 min read · 03 October 2019
Montreal-based Korbit Technologies, a education technology startup, has secured over US$2 million in seed funding. Khosla Ventures was the lead investor. Korbit is a spin-off from the Montreal-based Mila lab led by professor Yoshua Bengio.
3 min read · 03 October 2019
The Alaska Permanent Fund Corporation and Barings have launched the Alaska Future Fund. The fund has already secured a commitment of $100 million. It will target private funds and private market businesses/projects that are either based in Alaska, have investment operations in Alaska or have a current bona fide plan to operate in Alaska.
3 min read · 03 October 2019
New York City-based Riskcast Solutions, a brick city startup, has secured $600,000 in funding. Newark Venture Partners led the round with participation from Scopus Ventures.
1 min read · 03 October 2019
New York City-based Unqork, an enterprise software company, has raised $80 million in Series B funding. CapitalG led the round.
1 min read · 03 October 2019
