Private Equity
New York-based Paige.AI, an AI-focused cancer diagnosis and treatment startup, has named Dr. Leo Grady as CEO and a member of its board of directors. Previously, Grady worked at HeartFlow where he was senior vice president of engineering. Paige.AI is backed by Breyer Capital.
4 min read · 18 February 2019
GreenCom Networks, a German home energy IoT provider, has secured an undisclosed amount of funding. Centrica led the round with participation from SET Ventures, Munich Venture Partners and Cosmos.
3 min read · 18 February 2019
UK-based GoCardless, a next generation payments company, has secured $75 million in Series E funding, according to a blog post on its site. Adams Street Partners, GV and Salesforce Ventures led the round with participation from Accel, Balderton Capital, Notion Capital and Passion Capital.
1 min read · 18 February 2019
New Crop Capital has named Dao Foods International Inc as financial adviser for sourcing and investing in China-focused plant-based and clean meat ventures. NCC is a venture firm that invests in companies whose products or services replace foods derived from conventional animal agriculture.
4 min read · 18 February 2019
PowerShare, an electric vehicle charging platform startup based in China, has secured an undisclosed amount of funding. The investor was Alliance Ventures, the strategic venture capital arm of Renault-Nissan-Mitsubishi.
1 min read · 18 February 2019
Redwood City, California-based Alation Inc, provider of a data catalog company, announced it has raised $50 million in a Series C round led by Sapphire Ventures. Also participating in the funding in new investor Salesforce Ventures and existing investors Costanoa Ventures, DCVC, Harmony Partners and Icon Ventures. The company was founded in 2012 and previously raised more than $30 million in funding.
1 min read · 17 January 2019
The hedge fund Light Street Capital Management has started raising $25o million for a venture fund called Light Street Beacon I, and $20 million for a principals fund, according to a pair of regulatory filings.
1 min read · 17 January 2019
Book4Time, a Markham, Ontario-based cloud business management software platform for the spa and wellness industry, has raised a monthly-recurring-revenue loan of $2.5 million. The source of the loan was the growth and transition capital group of BDC Capital. Founded in 2004 by CEO Roger Sholanki, Book4Time provides a software-as-a-service solution to more than 3,000 luxury and chain spas in over 70 countries. The company will use the funds raised to accelerate growth over the next three years, by hiring staff for sales and marketing, R&D and operations and expanding its headquarters.
3 min read · 16 January 2019
Pappas Capital has raised $85.8 million toward a venture-capital fund, according to a filing with the SEC.
1 min read · 16 January 2019
ReKTGlobal, the parent company of esports company Rogue, has secured $10.8 million in Series A funding. Nick Gross, founder of Gross Labs, led the round.
4 min read · 16 January 2019