Private Equity
San Diego-based Biolinq, a digital health company, has raised $4.75 million in Series A funding. JDRF T1D Fund, Aphelion Capital and LifeSci Venture Partners led the round.
1 min read · 28 March 2019
ActivTrak, a cloud-based productivity monitoring software provider, has raised $20 million in Series A financing. Elsewhere Partners led the round.
1 min read · 28 March 2019
Multi-stage investor Norwest Venture Partners announced the promotions of Rob Arditi to general partner, and Stew Campbell and Ran Ding to principals at the firm. The three work on Norwest's growth equity team. Arditi was promoted from partner. He joined the firm in 2009 as an associate. Campbell joined Norwest as a senior associate in 2012. Ding had been an associate since he joined in 2011.
2 min read · 28 March 2019
Green Tank Technologies, a Toronto-based maker of cannabis vaporization hardware, has raised $14 million in a Series A financing. The round was backed by existing investors, including Green Acre Capital, which co-led Green Tank's $4.3 million seed financing in 2018. New investors included Newstrike Brands, a Toronto-based cannabis company backed by Canadian band the Tragically Hip. Founded in 2016, Green Tank reports annual revenue growth of nearly 300 percent last year. It is now working with more than 130 global brands and has partnered with over a dozen local producers. Green Tank will use the funds raised for scaling operations, product innovation and new hires.
3 min read · 28 March 2019
New York-based PhotoShelter, which operates a digital asset management platform as a sales and marketing tool for photographers, announced it has raised $8 million in funding from Level Structured Capital. The firm is an affiliate of Level Equity, a New York private investment firm.
1 min read · 28 March 2019
Anges Québec and other private investors earlier this month invested an undisclosed amount in LifeStyle, a Montréal-based provider of turnkey collaborative spaces. Founded in 2018 by Alexis Labrecque and Philippe Gauthier, LifeStyle builds and operates co-working spaces designed for professionals in the hairdressing, esthetics and well-being sectors. The startup plans to inaugurate its first coworking space this month in Montréal's Côte-des-Neiges-Notre-Dame-de-Grâce. Anges Québec supports a network of more than 230 Québec-based angel investors.
3 min read · 27 March 2019
SightPlan, a provider of maintenance and resident service software for the multifamily industry, has secured an undisclosed amount of funding. The investor was RET Ventures.
1 min read · 27 March 2019
Canadian water-focused growth equity firm XPV Water Partners has invested in Holland Pump Co, a West Palm Beach, Florida-based specialty pump rental and dewatering solutions provider. No financial terms were disclosed. Established in 1978, Holland Pump makes, sells, rents and services pumps and other equipment for infrastructure project dewatering, sewer by-pass, as well as agricultural, mining, marine and other industrial applications in the United States. XPV Principal Sam Saintonge said his firm will help Holland Pump accelerate its growth.
3 min read · 27 March 2019
San Francisco-based Amenify, a real estate tech company, has secured $2.7 million in funding. RET Ventures led the round.
1 min read · 27 March 2019
Maple Leaf Angels (MLA) and Maple Leaf Angels Capital Corp have launched their third angel investment fund, MLA48 Fund III. The fund will be open to members of MLA, a Toronto-based angel organization that invests in early-stage technology companies. Like prior funds, it will focus on making decisions about investments within 48 hours of a startup's pitch. MLA48 Fund III will consider investing up to $150,000 in companies, with up to $300,000 available for follow-on investment. MLA members have invested more than $30 million in 55 companies in Canada since the organization's inception in 2007. Funds are overseen by Managing Director Prathna Ramesh.
2 min read · 27 March 2019
