Private Equity
Silicon Valley-based EBR Systems, a developer of a wireless cardiac pacing system for heart failure, has secured $30 million in funding. Brandon Capital Partners and M.H. Carnegie & Co. led the round. In conjunction with the funding, EBR Systems has appointed John McCutcheon as president and CEO.
1 min read · 27 August 2019
Mississauga, Ontario-based agricultural technology company Vive Crop Protection has secured $10 million in follow-on financing. The round was backed by new and existing investors, including Middleland Capital and the cleantech practice of the Business Development Bank of Canada (BDC). Founded in 2006 out of the University of Toronto, Vive develops new ways to use crop protection products using its Allosperse Delivery System, which improves the targeting and performance of pesticide ingredients. This creates farming efficiencies, as well as higher crop quality and yields. Led by CEO Darren Anderson, Vive will use the funds raised for commercialization of new products and continued field development.
3 min read · 27 August 2019
PeerWell, a San Francisco-based health technology company, has secured US$6.5 million in a Series A financing. The round was led by OMERS Ventures, the venture capital arm of Canadian pension fund OMERS. It was joined by existing backer XSeed Capital and several individual investors. Founded in 2015, PeerWell provides a surgery optimization platform that helps patients with musculoskeletal conditions prepare for surgery and recover faster. In so doing, it contributes to lowering patient risk, controlling costs, and improving return-to-work times. Led by CEO Manish Shah, PeerWell will use the funds raised to accelerate the roll-out of its worker’s compensation solution.
4 min read · 27 August 2019
SE Ventures, a new Silicon Valley-based firm backed by Schneider Electric, has named Grant Allen and Varun Jain as senior partners. Allen joins SEV from ABB where he led global ventures while Jain previously worked at Qualcomm Ventures where he led the global early-stage practice.
3 min read · 27 August 2019
Pionyr Immunotherapeutics Inc, a developer of antibody therapeutics, has appointed Dr. Alicia Levey as senior vice president and chief business officer. Previously, Levey worked at Tempest Therapeutics where she was vice president and chief business officer. Pionyr's backers included OrbiMed, New Enterprise Associates, Sofinnova, SV Health Investors, Vida Ventures, Trinitas Capital, Mission Bay Capital and Osage University Partners.
4 min read · 27 August 2019
Victress Capital has named Madeline Keulen as a vice president. She first joined the women-led early-stage consumer-focused venture firm in January 2018 as an MBA associate.
2 min read · 27 August 2019
Patty Abramson, a venture capitalist who co-founded the W0men's Growth Capital Fund in 1997 to invest in businesses owned by women, died Aug. 24 in Nantucket Island, Massachusetts. She was 74. Jenny Abramson, her daughter and a managing partner at the venture firm Rethink Impact, told The Washington Post her mother died from cancer-related complications.
1 min read · 27 August 2019
Mindset Ventures has launched its third fund. The target is $50 million. The fund will invest in early-stage B2B companies mainly in the areas of healthcare, fintech, agriculture and cyber security. Mindset has offices in Sao Paulo, San Francisco and Tel-Aviv.
2 min read · 26 August 2019
Entelo has acquired ConveyIQ, a provider of candidate engagement Software-as-a-Service solutions. No financial terms were disclosed. Entelo's backers include Battery Ventures, Shasta Ventures, USVP, 3TS Capital Partners, SC Ventures and StarVest Partners.
3 min read · 26 August 2019
Presight Capital has closed its first fund at $80 million, beating its $50 million target. Presight Global Venture Opportunities Fund's limited partners include Apeiron Investment Group. Presight Capital is the international venture arm of Apeiron Investment Group, the family office of German entrepreneur and investor Christian Angermayer.
1 min read · 26 August 2019
