North America

VC-backed UrbanSitter buys Sitter Inc

UrbanSitter has acquired Denver-based Sitter Inc, a creator of an app that helps parents to find, book and pay babysitters. No financial terms were disclosed. UrbanSitter's backers include Advance Venture Partners, Canaan Partners, DBL Investors, First Round Capital, Match Group - a division of IAC, Menlo Ventures, Rustic Canyon, Aspect Ventures and A-Grade Investments.

Accel collects $575 mln for fund to invest in European and Israeli startups

Accel has raised $575 million for its sixth fund that will invest in early-stage companies in Europe and Israel. Headquartered in Palo Alto, California, Accel has offices in San Francisco, London, India and China.

Madrona Ventures Group closed $101 mln acceleration fund

Madrona Ventures Group closed $101 mln acceleration fund

Fonds de solidarité FTQ invests $8.8 mln in Milestone's IPO

Fonds de solidarité FTQ invested $8.8 million in the initial public offering (IPO) of Milestone Pharmaceuticals Inc, a Montréal-based developer of therapies for treating episodic cardiovascular conditions. Milestone completed its IPO on the Nasdaq Stock Market this month, raising about $111 million (US$82.5 million). Fonds de solidarité FTQ, a Canadian provider of development capital, has backed Milestone, directly and as a fund investor, since the company's founding in 2005 by CSO Philippe Douville. Its total investment prior to the IPO was $17.3 million.

Canopy Rivers invests in BioLumic's $6.7 mln Series A financing

Canopy Rivers has invested US$1.5 million in BioLumic Ltd, a Palmerston North, New Zealand-based maker of a sustainable ultraviolet (UV) crop yield enhancement system. The investment is part of the company's US$6.7 million Series A financing, led by Finistere Ventures, a U.S. food and agriculture venture capital firm. BioLumic will use the funds raised to accelerate and expand its UV light treatment initiatives, including for medical cannabis applications. Canopy, the venture capital arm of Canadian cannabis producer Canopy Growth Corp, said BioLumic marks its first deal in the agricultural technology sector.

Zeev Ventures is raising a fifth fund for an undisclosed amount

Zeev Ventures is raising a fifth fund for an undisclosed amount

Life science company KNOW Bio attracts funding

KNOW Bio LLC, a life science company, has raised an undisclosed amount of financing. The backer was Reedy Creek Investments LLC.

Life science company KNOW Bio attracts funding

KNOW Bio LLC, a life science company, has raised an undisclosed amount of financing. The backer was Reedy Creek Investments LLC.