Private Equity
Fountain Healthcare Partners has closed its third fund at 118 million euros, beating its target of 100 million euros. Fountain Healthcare Partners Fund III LP will focus on specialty pharmaceuticals, biotechnology and medical devices.
4 min read · 23 May 2019
UK-based TTS Pharma, a cannabis extraction company, has raised 10.3 million pounds in funding. The investors were not named.
1 min read · 23 May 2019
Canopy Rivers, the venture capital arm of Canopy Growth Corp (TSX: WEED, NYSE: CGC), has promoted Narbé Alexandrian to CEO, effective immediately. Alexandrian replaces Bruce Linton, co-CEO of Canopy Growth, who will continue in his role as chairman of Canopy Rivers' board. Alexandrian joined Canopy Rivers in 2018 from OMERS Ventures, where he served as a senior associate. Before then, he was a senior strategy manager in Telus Corp’s internet of things group. The promotion is Alexandrian's second this year. In January, he was appointed president. Based in Smith Falls, Ontario, Canopy Growth is a cannabis and hemp company.
4 min read · 23 May 2019
Lion Street said May 22 that it completed a recapitalization of the company which returned equity the firm and its owners. Lion Street, of Austin, provides life insurance services. The company has raised $11.1 million in funding, from investors including Austin Ventures, PitchBook said.
2 min read · 23 May 2019
Salesforce Ventures announced a $125 million Europe Trailblazer Fund focused on enterprise cloud startups. This is the firm's fourth regional fund in the last 12 months, following launches in Canada, Japan and Australia most recently in March. In 2015, Salesforce Ventures introduced its first $100 million investment commitment in Europe and brought on Alex Kayyal as partner and head of Europe to lead the fund, which has since backed more than 50 startups in 13 European countries.
1 min read · 22 May 2019
Designer Fund said it raised a $23.5 million second fund for pre-seed and seed investing.
1 min read · 22 May 2019
Designer Fund said it raised a $23.5 million second fund for pre-seed and seed investing.
1 min read · 22 May 2019
Nexus Venture Partners has raised $353.5 million toward a fifth venture-capital fund, according to a filing with the SEC.
1 min read · 22 May 2019
Jour, a journaling app, has secured $1.8 million in seed funding. True Ventures led the round.
1 min read · 22 May 2019
Jour, a journaling app, has secured $1.8 million in seed funding. True Ventures led the round.
1 min read · 22 May 2019
