Private Equity
Salesforce Ventures, the corporate investment arm of Salesforce, announced it has launched the Australia Trailblazer Fund, a $50 million fund to back Australian startups. This is the CVC's third regional fund in the last year year, following the launch of a Canada Fund in May and a Japan Fund in December of last year.
1 min read · 05 March 2019
Wave has acquired Every, a Toronto-based financial technology company that provides accounts and debit cards to small businesses. No financial terms were disclosed. Every was founded in 2017 by CEO Jeremy Black, CTO Matt Collum and Head of Design Bryan Kerr. Wave, a Toronto-based provider of financial management software for small businesses, freelancers and consultants, said the deal advances plans to integrate more products and services into its platform. Wave has raised more than $100 million to date, including a $32 million round closed in 2017. Its backers include BDC Capital, CRV, Exhibition Capital, HarbourVest, OMERS Ventures, Portag3 Ventures and Social Capital.
2 min read · 04 March 2019
Seraphim Capital has named Candace Johnson as a partner. She is president emeritus of the European Business Angel Network and is the founding partner of the VATM.
4 min read · 04 March 2019
Pennsylvania-based MacuLogix, a medical device company in the optometry and ophthalmology industry, has secured $38.7 million in Series D round of financing. Vivo Capital led the round with participation from return backers Fisk Ventures, Roche Venture Fund, Berwind Private Equity and Life Sciences Greenhouse of Central Pennsylvania.
1 min read · 04 March 2019
CLEARAS Water Recovery, a provider of water treatment technologies, has raised an undisclosed amount of funding. The backer was Montcalm Capital.
1 min read · 04 March 2019
Tagomi, a electronic brokerage for digital assets, has raised an undisclosed amount of funding. The investors included Paradigm, a Yale and Sequoia-backed fund and Pantera.
1 min read · 04 March 2019
Scytale Inc, a provider of identity management solutions, has secured $5 million in funding. The investors were Capital Ventures, TechOperators, Work-Bench and Bessemer Venture Partners.
1 min read · 04 March 2019
ClaroNav, a Toronto-based medical device company focused on surgical navigation for dentistry, has secured undisclosed quasi-equity financing from BDC Capital. BDC invested through its growth and transition capital group. The funds raised will be used to expand global marketing, training, sales and support activities for ClaroNav's flagship product Navident, a freehand guided system for dental implantation. ClaroNav was spun out as an independent business in 2015, when Lexmark Inc acquired Claron Technologies, which co-CEOs Doron Dekel and Claudio Gatti founded in 2001.
3 min read · 04 March 2019
Boulder Food Group, a venture capital firm focused on early-stage innovative and socially conscious food, beverage, and supplemental brands, raised over $103 million towards its second fund, according to a filing with the SEC.
1 min read · 04 March 2019
Peter Thiel-backed FF Miruvor Management has raised $84.3 million for a venture-capital fund, according to a filing with the SEC.
1 min read · 04 March 2019
