Private Equity
Supreme Cannabis Co Inc said it will launch a new platform for investing in Europe's cannabidiol (CBD) health and wellness sector. Supreme Heights will make strategic investments in and lend support to U.K. and European health and wellness businesses with focused brands and CBD offerings, including vaporizers, edibles and beverages, topicals and ancillary services. Based in London, Supreme Heights will be led by CEO Patrick Morton, co-founder of Cannabis Invest UK. Toronto-based Supreme Cannabis is a provider of cannabis products for commercial and medical use.
6 min read · 25 June 2019
South San Francisco-based InterVene, a provider of a catheter-based solution for deep vein reflux, has raised $15 million in Series B financing. The lead investor was 3x5 Partners.
1 min read · 25 June 2019
Chinese e-commerce giant JD.com's logistics division has raised $218 million for a new fund that will invest in companies and technologies specializing in logistics, reported Reuters. The fund's limited partners will include JD Logistics and JD.com's mother company.
1 min read · 25 June 2019
Luxembourg-based Vesalius Biocapital, a life sciences venture firm, has closed its third fund at 120 million euros. The fund's investors includes the European Investment Fund. Vesalius Biocapital III targets later-stage European life science companies in drug development, medtech, diagnostics and digital health.
3 min read · 25 June 2019
New York City-based Ocrolus, an automation platform that analyzes financial documents, has secured $24 million in Series B funding. Oak HC/FT led the round.
1 min read · 25 June 2019
Redwood City, California-based Carbon, a digital manufacturing platform, has raised over $260 million in funding. Madrone Capital Partners and Baillie Gifford led the round.
1 min read · 25 June 2019
BrightWay Vision, a subsidiary of Elbit Systems Ltd, has secured $25 million in funding. The investors were Koito Manufacturing Co, Ltd and Magenta Venture Partners.
1 min read · 25 June 2019
Austin-based Phlur Inc, a fragrance company, has raised over $7 million in Series A funding. Symrise Inc led the round with participation from Next Coast Ventures and Belcorp.
1 min read · 25 June 2019
BDC Capital has supplied $1.25 million of mezzanine financing to TickTrade, a Toronto-based provider of a software-as-a-service foreign exchange (FX) trading platform. BDC invested through its Growth and Transition Capital division. The deal was led by Director Kyle Feucht. Founded in 2013 by CEO Baha Ohcebol and COO Alexander Culiniac, TickTrade provides its FX trading and payments solutions to the global financial services industry. The proceeds of the financing, TickTrade's first from an institutional source, will be used to hire additional sales and marketing personnel as the company begins further U.S. and European market penetration.
3 min read · 25 June 2019
Getaround has acquired Norwegian carsharing platform Nabobil for $12 million. Getaround's investors include SoftBank, Menlo Ventures, Braemar Energy Ventures, Asset Plus, Triangle Peak Partners, SPARX Group, Toyota Motor Corporation, Cox Automotive Inc and SAIC Capital.
4 min read · 25 June 2019
