Private Equity
Lightspeed Venture Partners has raised $2.11 billion of new capital, according to a filling with the SEC.
1 min read · 24 June 2019
Chrysalix Venture Capital, a Canadian industrial innovation venture capital firm, has invested in Feasible, an Emeryville, California-based battery analytics platform company. Terms weren't disclosed. The investment is the first made by Chrysalix RoboValley Fund. Founded in 2015, Feasible is the developer of EchoStat, which uses sound waves to provide real-time analytics and insights for solving challenges in battery design, manufacturing and product management. Chrysalix RoboValley Fund was launched in 2018 with a target of US$120 million ($158 million). It invests in early-stage intelligent systems companies focused on improving productivity and critical business processes.
3 min read · 24 June 2019
Chrysalix Venture Capital has made an investment in Emeryville, California-based Feasible Inc, a battery analytics platform company. No financial terms were disclosed.
3 min read · 24 June 2019
New York-based Phreesia, a healthcare software company, has filed for an IPO. The number of shares that will be sold as well as the stock's pricing terms have yet to be set. The company plans on trading the stock on the New York Stock Exchange under the ticker symbol "PHR." J.P. Morgan, Wells Fargo Securities and William Blair are the lead underwriters. Phreesia's backers include LLR Partners, HLM Venture Partners, Polaris Partners, Ascension Ventures, Echo Health Venture and Blue Cross Blue Shield Venture Partners.
2 min read · 24 June 2019
Singapore-based Tin Men has raised over $20.8 million for its debut venture fund, according to an SEC filing. No target was listed in the document.
1 min read · 24 June 2019
Opus One Solutions, a Toronto-based smart grid software engineering company, has raised additional capital for its Series B financing. The undisclosed second tranche was led by Canadian growth equity firm MacKinnon Bennett & Co (MKB) and Export Development Canada (EDC). Canadian venture capital firm Renewal Funds, which led the round's undisclosed first tranche in December, added to its investment. The funds raised will be used by Opus One to accelerate growth in North American and global markets. Founded in 2011 by President and CEO Joshua Wong, Opus One provides transactive energy and distributed energy management solutions to utilities and other market participants.
4 min read · 24 June 2019
South San Francisco-based BioEclipse Therapeutics, a clinical-stage biopharmaceutical company, has raised $7.7 million in Series A-1 financing. Revelis Capital Group LLC led the round.
1 min read · 24 June 2019
Blend, a provider of digital lending technology, has raised $130 million in Series E funding. Temasek and General Atlantic led the round with participation from 8VC, Founders Fund, Greylock Partners and Lightspeed Venture Partners.
1 min read · 24 June 2019
Cupertino, California-based Corinth MedTech, a urology healthcare company, has secured $12 million in financing. ShangBay Capital LLC and Aethan Capital Inc led the round.
1 min read · 24 June 2019
Ackroo Inc (TSX-V: AKR), an Ottawa-based gift card and loyalty marketing technology and services provider, has secured a $4 million debt facility from BDC Capital. The facility's proceeds will be used for acquisitions. They include Ackroo's acquisition of certain assets of I.Q. 7/24 Inc, the digital marketing and business intelligence business of Mobi724 Global Solutions Inc. The $2.7 million deal is expected to close next month. Founded in 2012, Ackroo provides its in-store and online automated marketing solution to automotive, petroleum, hospitality and retail merchants.
3 min read · 24 June 2019
