Private Equity
Phospholutions, a fertilizer startup, has secured up to $1.5 million in funding. The lead investors were 1855 Capital and Maumee Ventures.
1 min read · 06 June 2019
SiFive Inc, a provider of commercial RISC-V processor IP and silicon solutions, has raised $65.4 million in Series D funding. The investors were Sutter Hill Ventures, Chengwei Capital, Spark Capital, Osage University Partners, Huami and Qualcomm Ventures LLC.
1 min read · 06 June 2019
Platform Group, a Toronto-based capital markets financial technology company, has raised $1.5 million in a seed-stage financing. The round was led by MaRS Investment Accelerator Fund (IAF) and Blindspot, both Canadian early-stage technology investors. They were joined by strategic and professional backers. Founded in 2017 by CEO David Whyte and COO Mark Fasken, Platform is the creator of Irwin, a software product designed to help public businesses, including small- and mid-cap businesses, to target, monitor and interact with global investors. Platform will use the funds raised to scale the engineering, product, research and support teams for Irwin.
3 min read · 06 June 2019
ChartSpan, a healthcare managed service provider for chronic care management programs in the U.S., has raised $15 million in Series A funding. BIP Capital led the round with participation from other investors that included Blue Heron Capital, Bailey Southwell & Co., C&B Capital and Service Provider Capital.
1 min read · 06 June 2019
Platform Group Limited, a capital markets financial technology company, has secured $1.5 million in seed financing. The investors included MaRS Investment Accelerator Fund and Blindspot Inc.
1 min read · 06 June 2019
In his 2019 Canadian venture and startup predictions, OMERS Ventures Managing Partner Jim Orlando laments the lack of big exits of VC-backed tech companies in 2018. The market in Canada appears to be doing a better job on this front this year. Exit activity since January has included some major acquisitions as well as the return of VC-backed IPOs after a nearly two-year hiatus. Perhaps the highest profile of these events was the $276 million TSX IPO of Lightspeed, a Montréal retail and restaurant POS and e-commerce solution, closed in March.
1 min read · 06 June 2019
Canadian water-focused growth equity firm XPV Water Partners has invested in Metron-Farnier, a Boulder, Colorado-based smart water technology company. No financial terms were disclosed. Founded in 1990, Metron-Farnier provides residential and commercial water meters augmented with smart meter technologies. It has installations throughout the United States and serves some of the country's largest utilities. Metron-Farnier said the partnership with XPV will help scale the company to meet market demand.
3 min read · 06 June 2019
Step, a financial services company for families and teens, has secured $22.5 million in Series A funding. Stripe led the round with participation from other investors that included Will Smith’s Dreamers fund, Nas, Crosslink Capital, Collaborative Fund and Sesame Ventures.
5 min read · 06 June 2019
SRI Capital has raised $45.2 million for its debut fund, according to an SEC filing. The target is $100 million. The early-stage venture firm invests in startups mostly based in India and the U.S.
1 min read · 06 June 2019
SRI Capital has raised $45.2 million for its debut fund, according to an SEC filing. The target is $100 million. The early-stage venture firm invests in startups mostly based in India and the U.S.
1 min read · 06 June 2019