Private Equity
Magenta Venture Partners is seeking to raise $100 million for its new fund. The fund will focus on early-stage investments in Israeli tech startups.
3 min read · 14 January 2019
Santa Clara, California-based Natron Energy, a developer of new battery products, has secured an undisclosed amount of funding. The investor was Chevron Technology Ventures.
1 min read · 14 January 2019
China-based Airdoc, a medical care solutions provider that uses artificial intelligence, has raised an undisclosed amount of funding. CITIC and Ping An led the round.
1 min read · 14 January 2019
California and Israel-based Driivz LTD, a provider of smart electric vehicle charging management solutions, has raised $12 million in funding. The investors included Centrica plc, Ombu Group and Inven Capital.
1 min read · 14 January 2019
Syncurity, a Maryland-based cybersecurity firm, has raised $2 million in seed funding. The investors included the Maryland Technology Development Corporation and Kluz Ventures.
1 min read · 14 January 2019
Africa Infrastructure Investment Managers is investing $31 million for a minority stake in BBOXX’s operations in Rwanda, Kenya and the Democratic Republic of Congo. BBOXX, of the U.K., designs, makes and distributes and finances plug and play solar systems across Africa. AIIM is a member of Old Mutual Alternative Investments.
4 min read · 14 January 2019
WorkJam, a Montréal-based digital workplace solutions provider, has acquired Peerio Technologies, a Montréal-based employee communication software company. No financial terms were disclosed. WorkJam said the acquisition adds secure messaging and file sharing to its technology, enhancing team communication and workstream collaboration capabilities. Founded in 2014, WorkJam raised about $16 million two years ago in a first-time financing backed by Lerer Hippeau Ventures, Blumberg Capital, Founder Collective and NovelTMT. Also founded in 2014, Peerio's investors have included InnoStart Capital and Real Ventures, according to Crunchbase.
3 min read · 13 January 2019
Chicago-based Bridge, a portfolio management software platform provider for RIAs, fiduciary financial advisors, and wealthtech companies, has raised an undisclosed amount of Series A funding. FINTOP Capital and MissionOG led the round.
1 min read · 11 January 2019
BY Capital has raised $126.5 million for a second venture-capital fund, according to a filing with the SEC.
1 min read · 11 January 2019
Cycle Capital Management, a Canadian clean technology venture capital firm, has hired Dan Pinault as a principal. Pinault previously served as director of mergers and acquisitions at Brookfield Asset Management-owned Enwave Energy Corp. Before then, he was a management consultant with A.T. Kearney and Navigant. Pinault also recently worked with the clean technology group at MaRS Discovery District, supporting early-stage companies. Based in Montréal, Cycle has assets under management of more than $350 million.
2 min read · 11 January 2019
