Private Equity
Cambridge, Massachusetts-based Vaxess Technologies, a biotechnology company, has closed its Series A funding round at $8.2 million. The Engine led the round.
1 min read · 28 June 2019
Surterra Wellness, a health and wellness companies, has raised $100 million in Series D funding. The investors included former Patrón Spirits Company CEO Ed Brown.
1 min read · 28 June 2019
San Francisco-based Degreed, a workforce learning and skill-tracking platform, has raised $35 million in funding. The investors were Owl Ventures, Jump Capital, Signal Peak Ventures GSV Accelerate and AllianceBernstein Growth Stage Capital. Degreed also closed a $40 million venture debt facility with AllianceBernstein.
1 min read · 28 June 2019
Picosun, a Finnish manufacturer of ALD equipment, has secured 12 million euros in funding. The investors included CapMan Growth fund, Finnish Industry Investment Oy and First Fellow Partners.
1 min read · 28 June 2019
Puls, which operates a network of service providers and technicians, has named Mitch Galbraith as CEO and a member of its board of directors. Previously, he was executive vice president and general manager of j2 Global's gaming and entertainment division. Puls' backers include Sequoia Capital, Temasek, Viola and Samsung Next.
3 min read · 28 June 2019
1 min read · 28 June 2019
ConnexPay said June 27 that it raised a $7 million Series A round led by BIP Capital. ConnexPay, of Minneapolis, is a payment provider for the travel industry.
3 min read · 28 June 2019
A report by the Canadian Venture Capital and Private Equity Association (CVCA) and BDC Capital provides new data on diversity and inclusion in Canada's private equity (PE) and venture capital (VC) industries. The report, based on a survey conducted by Deloitte in early 2019, found only 12 percent of partners at PE firms and 11 percent of partners at VC firms were female. It also found that only 6 percent of partners at PE firms and 18 percent of partners at VC firms were visible minorities. In all, 59 firms participated in the survey, which is intended to establish baseline data to measure progress over time and advance best practices in the area.
5 min read · 27 June 2019
Silicon Valley-based Fungible, a provider of data-centric computing, has secured $200 million in Series C financing. SoftBank Vision Fund led the round with participation from other investors that included Norwest Venture Partners.
1 min read · 27 June 2019
Cambridge, Massachusetts-based Ultivue, a provider of tissue biomarker identification and quantification assays for translational and pathology research labs, has secured $22 million in Series C funding. Northpond Ventures led the round with participation from other investors that included ARCH Venture Partners, 6 Dimensions Capital, Yonghua Capital and Applied Ventures.
1 min read · 27 June 2019
