Private Equity
Digital Assets Data, a financial technology and data company focused on the cryptoasset industry, has raised $3.2 million in funding. North Island led the round.
1 min read · 26 July 2019
3 min read · 26 July 2019
SoftBank Group Corp has raised $108 billion for its second Vision Fund that targets tech firms, reported Reuters. The investors include Microsoft and Apple. SoftBank plans to invest $38 billion in the fund.
1 min read · 26 July 2019
ProteinQure, a Toronto-based software platform for computational protein drug discovery, has raised about $5.2 million (US$4 million) in a seed-stage financing. U.S. venture capital firm Felicis Ventures led the round. It was joined by 8VC, Golden Ventures, Inovia Capital, Global Founders Capital and angel investor Tom Williams. Launched two years ago by CEO Lucas Siow, CTO Tomas Babej, Head of R&D Mark Fingerhuth and CSO Chris Ing, ProteinQure uses molecular simulations, machine learning and quantum computing to solve drug design challenges and deliver new protein-based therapeutics. The company will use the funds raised for new hires and to expand industry partnerships.
3 min read · 26 July 2019
Intelligence Node, a retail analytics and pricing intelligence firm, has raised $5.5 million in Series B funding. The investors were Cornerstone Fund, Calibre Ventures, MegaDelta Capital Advisors and Orios Venture Partners.
1 min read · 25 July 2019
New York City-based Brainly, a peer-to-peer learning community for students, parents and teachers, has raised $30 million in funding. Naspers led the round with participation from Runa Capital and Manta Ray.
1 min read · 25 July 2019
San Francisco-based Standard Cognition, an autonomous checkout startup, has raised $35 million in Series B funding. EQT Ventures led the round.
1 min read · 25 July 2019
Conexus Credit Union has launched a $30 million venture capital fund intended to invest in Saskatchewan's startup ecosystem. Conexus Venture Capital Fund has so far raised $22.5 million, of which $15 million came from Conexus, a Regina-based credit union, and $7.5 million from external investors. Managed by Conexus, the fund will invest in Saskatchewan-based companies in partnership with other venture capital firms and investors. Opportunities will be sourced in part through Cultivator, a Conexus-sponsored incubator located in Regina. The fund is led by Conexus Venture Capital Fund Manager Sean O’Connor. It has already finalized two deals and is expected to execute on others in the months ahead.
4 min read · 25 July 2019
Camber Creek has hired Mitchell Schear as a general partner. He is the former president of Vornado/Charles E. Smith.
3 min read · 25 July 2019