Private Equity
Telus Ventures, the venture capital arm of Canadian telecommunications company Telus Corp (TSX: T, NYSE: TU), has invested in three precision medicine and diagnostics-focused startups. They include Acorn Biolabs, a Toronto-based maker of an at-home cryopreservation solution for future therapeutic uses, which recently closed a $3.3 million seed-stage round. Telus Ventures also joined a recent $1.8 million seed financing of GenXys Health Care Systems, a Vancouver-based developer of precision prescribing software and pharmacogenetics testing. The third company is Vital Biosciences, a Canadian health monitoring and disease management platform that remains in stealth mode.
4 min read · 02 April 2019
London-based Elvie, a health and lifestyle brand developing smarter technology for women, has secured $42 million in Series B funding. IPGL led the round with participation from Octopus Ventures and Impact Ventures UK.
1 min read · 02 April 2019
DynamiCare Health, a Massachusetts-based addiction recovery technology company, has raised $4.1 million in seed funding. The investors included Hyperplane Venture Capital and former U.S. Rep. Patrick J. Kennedy.
1 min read · 02 April 2019
Qoreboard Inc, a provider of performance management as a service solutions, has raised $1.6 million in seed funding. IDEA Fund Partners led the round. In addition to the funding, Lister Delgado has joined Qoreboard's board of directors.
1 min read · 02 April 2019
New York City-based Vestwell, a digital retirement platform, has raised $30 million in Series B financing. Goldman Sachs Principal Strategic Investments led the round.
1 min read · 02 April 2019
Gradient Ventures, Google's AI-focused investment fund, will lead Dyndrite Corporation's $10+ million Series A financing. Other investors participating in the round are Cota Capital, Amplify Ventures, The House Fund and ex-president and CEO of Autodesk Carl Bass. San Ramon, California-based Dyndrite is a manufacturing software provider.
1 min read · 02 April 2019
San Diego-based Kneron, a provider of edge artificial intelligence solutions, has named Daniel Yuan as chief architect. Yuan is the former chief architect of Kingdee Software. Kneron's backers include Alibaba Entrepreneurs Fund, CDIB, Himax Technologies, Inc, Qualcomm, Thundersoft, Sequoia Capital, CYZONE and Horizons Ventures.
2 min read · 02 April 2019
Rio Investment Partners has raised $77.5 million for its new agri-food venture fund. The target is $150 million. With offices in Calgary and Montreal, Rio seeks to deploy between $3 million and $10 million in growth-stage companies in the agri-food tech sector.
3 min read · 02 April 2019
Cambridge, Massachusetts-based Aura Biosciences, a biotechnology company, has secured $40 million in Series D financing. Medicxi led the round.
1 min read · 02 April 2019
ezCater, an online catering marketplace, has raised a $150 million in Series D-1 funding. Lightspeed Venture Partners and GIC led the round.
1 min read · 02 April 2019
