Private Equity
Gen.G, a global esports organization, has raised $46 million in funding. The investors included actor Will Smith, Los Angeles Clippers minority owner Dennis Wong, New Enterprise Associates, Conductive Ventures, Battery Ventures, Canaan Partners, SVB Capital and Stanford University.
1 min read · 18 April 2019
Therillia Development Co, a Canadian affiliate of U.S. life sciences venture capital firm Sanderling Ventures, has acquired Tavec Pharmaceuticals, a New York-based therapeutic exosome company. No financial terms were disclosed for the deal, which will see Tavec relocated to Montréal. Founded in 2015, Tavec is developing anti-cancer gene therapies using injectable, miRNA-loaded exosomes. It is planning to initiate clinical trials in Québec in liver cancers and chronic liver diseases. Tavec is the eighth portfolio company Sanderling has helped establish in Montréal under Therilla in the past five years. Others include DalCor Pharmaceuticals and PreciThera.
3 min read · 18 April 2019
Los Angeles-based PopBase, a creator of interactive digital fan clubs for social media influencers, has raised an undisclosed amount of funding. The investor was Queen City Angels.
1 min read · 18 April 2019
Boston and Louisville-based Talaris Therapeutics Inc, a biotechnology company, has secured $100 million in Series A financing. Blackstone Life Sciences led the round with participation from Longitude Capital and Qiming Venture Partners USA.
1 min read · 18 April 2019
Waltham, Massachusetts-based Arrakis Therapeutics, a biopharmaceutical company, has raised $75 million in Series B funding. VenBio Partners and Nextech Invest led the round with participation from Omega Funds, HBM Healthcare Investments, GV, WuXi AppTec Venture Fund, Alexandria Venture Investments, Canaan Partners, Advent Life Sciences, Pfizer Ventures, Celgene Corporation, Osage University Partners and the estate of Henri Termeer.
1 min read · 18 April 2019
Concordia University Foundation (CUF) has agreed to invest in the portfolio of Inerjys Ventures, a Canadian clean technology venture capital firm. The agreement will see Inerjys invest, through limited partnerships, $1.2 million from CUF’s pool in three companies. They are AESP Green Energy, a Terrebonne, Québec-based provider of scalable off-grid solar solutions; Still Good, a Montréal-based maker of sustainable snacks; and Goliath Wind, an Estonian developer of modular wind turbines that will soon incorporate in Canada. The deal will also see Concordia University students and researchers exchanging with the companies at the operational level.
3 min read · 17 April 2019
Galvanize, a technology workforce educator, has named Harsh Patel as CEO. He is the former CEO of Hack Reactor. Galvanize's backers include Catalyst Investors, ABS Capital Partners, University Ventures, New Markets Venture Partners and Colorado Impact Fund.
3 min read · 17 April 2019
Kindbody, a women's healthcare startup, has secured $15 million in Series A financing. RRE Ventures and Perceptive Advisors led the round with participation from other investors that included Green D Ventures, Trail Mix Ventures and Winklevoss Capital. In conjunction with the funding, Ellen Hukkelhoven from Perceptive Advisors and Alice Lloyd George from RRE will join Kindbody's board of directors.
1 min read · 17 April 2019
Cambridge, Massachusetts-based Zapata Quantum, a quantum computing startup, has raised $21 million in Series A financing. Comcast Ventures and Prelude Ventures led the round with participation from other investors that included Pitango Ventures, BASF Venture Capital, Robert Bosch Venture Capital, Pillar VC and The Engine.
1 min read · 17 April 2019
Redox, which provides a way for healthcare providers and vendors to share data, has raised $33 million in Series C funding. Battery Ventures led the round with participation from return backers .406 Ventures, RRE Ventures and Intermountain Ventures.
1 min read · 17 April 2019
