Private Equity
Branford, Connecticut-based Tangen Biosciences Inc, a molecular diagnostics company, has raised $9 million in Series A funding. Connecticut Innovations led the round with participation from other investors that included VC23, Axiom and Leading Edge Ventures.
1 min read · 20 June 2019
TrueFort, an application behavior security analytics company, has raised $13.7 million in Series A funding. Evolution Equity Partners, led the round with participation from Lytical Ventures and Emerald Development Managers. As part of the financing, Karthik Subramanian, a partner at Evolution Equity Partners is joining TrueFort’s board of directors.
1 min read · 20 June 2019
Houston, Texas-based Mercury Fund has raised $82.25 million of a $125 million targeted fourth fund, Mercury Fund Ventures IV, according to a regulatory filing. The fund is the firm's largest to date, having closed on $105 million in 2014. The commitments to date have come from 85 investors, according to the filing.
1 min read · 20 June 2019
Canada's Weston family has hired Jim Orlando, managing partner of OMERS Ventures (OV), to run its new venture capital fund, the Globe and Mail reported. The $100 million fund will be an arm of the Westons' holding company Wittington Investments, the report said, and invest in areas of strategic interest to the family's businesses, including Weston Foods and Loblaw Cos Ltd. Orlando joined OV in 2013 and was responsible for leading its investment in Shopify. Before then, he was a managing director of OMERS Private Equity. Wittington is a cornerstone investor in the US$350 million debut fund of Radical Ventures, a Canadian artificial intelligence venture capital firm, launched in May.
1 min read · 19 June 2019
Revelstoke Capital Partners has raised over $437 million for its second fund, according to an SEC filing. No target was listed in the document. The Denver-based private equity firm invests in healthcare and related business services.
1 min read · 19 June 2019
Sequoia Capital India has raised $694.5 million for its sixth fund, according to an SEC filing. No target was listed in the document.
1 min read · 19 June 2019
Fresno, California-based Bitwise Industries, a tech ecosystem, has raised $27 million in Series A financing. Kapor Capital and New Voices Fund led the round.
1 min read · 19 June 2019
Westport, Connecticut-based WAVE, an aquatic safety startup, has secured an undisclosed amount of seed funding. The backer was Ideaship.
1 min read · 19 June 2019
Defendify, a cybersecurity startup, has secured $1.6 million in funding. The investors included Maine Technology Institute and 3dot6 Ventures.
1 min read · 19 June 2019
Phoenix-based Coplex, a venture builder, has secured $2.5 million in funding. Coplex's investors include family offices DFE and AZ Crown.
1 min read · 19 June 2019
