Private Equity
Cambridge, Massachusetts-based ElevateBio, a biotech holding company, has secured $150 million in Series A financing. The investors included UBS Oncology Impact Fund, EcoR1 Capital, Redmile Group and Samsara BioCapital.
1 min read · 13 May 2019
Philogen SpA said May 13 that it raised 62 million euros ($69.7 million) in financing from new and private investors. Philogen is a clinical-stage biotechnology company focused on antibody-based therapeutics.
3 min read · 13 May 2019
TreeFrog Therapeutics said May 13 that it raised 7.1 million euros ($7.8 million) in a series A round led by XAnge (Siparex Group). Galia Gestion, a new investor, along with historical investors from the earlier seed funding round, Irdi Soridec, Aquiti Gestion and SATT Aquitaine, participated. TreeFrog, of Bordeaux, France, is a stem cell company.
7 min read · 13 May 2019
TreeFrog Therapeutics said May 13 that it raised 7.1 million euros ($7.8 million) in a series A round led by XAnge (Siparex Group). Galia Gestion, a new investor, along with historical investors from the earlier seed funding round, Irdi Soridec, Aquiti Gestion and SATT Aquitaine, participated. TreeFrog, of Bordeaux, France, is a stem cell company.
7 min read · 13 May 2019
Torrance, California-based Phyn, a provider of intelligent water solutions, has raised $12 million in funding. The investors were Uponor and Belkin.
1 min read · 10 May 2019
The Ecosystem Integrity Fund has raised $95.7 million for a third venture-capital fund, according to a filing with the SEC.
1 min read · 10 May 2019
1 min read · 10 May 2019
Pangaea Ventures, a Canadian pioneer of advanced-materials investing, has opened a new U.S. office to broaden its access to sector opportunities south of the border. Earlier this year, Pangaea set up shop in Phoenix, Arizona, increasing North American locations to three, including its Vancouver headquarters. Chris Erickson, Pangaea's founder and general partner, told PE Hub Canada the move recognizes the fact that a growing share of the firm’s deal flow and portfolio companies resides in the U.S. News of the U.S. market expansion follows this month’s close of Pangaea Ventures Fund IV at $95 million (US$70 million). The fund is the largest in the firm’s nearly two-decade history, up 19 percent from Fund III, which raised about $80 million (US$60 million) in 2012.
3 min read · 10 May 2019
Baltimore, Maryland-based malvertising prevention platform Clean.io has raised US$2.5 million in a seed-stage financing. Real Ventures, a Canadian early-stage venture capital firm, led the round. Launched in 2017, Clean.io, formerly Clean Creative, has developed technology that uses behavioural analysis to protect publishers, advertisers and consumers from malicious advertising threats. It will use the funds raised to hire more engineering and security talent. Real Ventures is currently investing from its fourth fund, Real Ventures IV, which closed at $180 million in 2017.
2 min read · 10 May 2019
New York City-based Rocean, a connected water countertop device, has secured over $6 million in funding. Blue was the lead investor.
1 min read · 10 May 2019
