Private Equity
Cambridge, Massachusetts-based Apic Bio Inc, a gene therapy company developing novel treatment options for patients with rare genetic diseases, has closed $40 million in Series A financing. Morningside Venture Investments Ltd led the round with participation from The Alpha-1 Project, A1ATD Investors LLC and ALS Investment Fund.
1 min read · 07 January 2019
Ascension Ventures has made a minority investment in Greenwich, Connecticut-based Cedar Gate Technologies a value-based care performance management and operating company. No financial terms were disclosed. In 2014, Cedar Gate was formed by GTCR and David Snow.
1 min read · 07 January 2019
Northern Ireland-based Uform, a kitchen door and component supplier, has secured multimillion pounds in funding. The investors were BGF and Danske Bank.
3 min read · 07 January 2019
Babyscripts Inc, a virtual care platform for managing obstetrics, has raised $6 million in funding. The investors included Philips, StartUp Health and NueCura Partners.
1 min read · 07 January 2019
Israel and Massachusetts-based EarlySense, a provider of continuous monitoring solutions for the healthcare continuum, has raised $39 million in financing round. The lead investors were Hill-Rom and Wells Fargo Strategic Capital. Other investors that participated in the round included BlueRed Capital, Israel Innovation Fund, Argos Capital, Hotung Capital, Pitango Venture Capital and JK&B Venture Capital.
1 min read · 07 January 2019
Boston-based Tidelift, an open source startup, has raised $25 million in Series B funding. General Catalyst, Foundry Group and former Red Hat Chairman and CEO Matthew Szulik co-led the round.
1 min read · 07 January 2019
UK-based Exscientia, an AI-driven drug discovery company, has secured $26 million in Series B financing. The investors were Celgene Corporation, GT Healthcare Capital Partners and Evotec AG.
1 min read · 07 January 2019
New York-based Apple Tree Partners, a life sciences venture firm, has made a number of promotions. Dr. Sam Hall and Aaron Kantoff are now partners; Dr. Christine Borowski has become a principal; and Dr. Jernej Godec and Dr. Chris Cain have become senior associates.
3 min read · 07 January 2019
South Korea-based Madup, an ad tech company, has secured 13.4 billion (almost $12 million) in Series B funding. The investors were Praxis Capital, Stonebridge Ventures, ID ventures, MG investment and Seoul Investment Partners.
1 min read · 07 January 2019
Silicon Valley-based Grabango, a provider of checkout-free shopping technology for existing store, has raised $12 million in Series A financing. Propel Venture Partners led the round with participation from Ridge Ventures, Abstract Ventures, Commerce Ventures and Founders Fund. In addition to the funding, Ryan Gilbert, a general partner at Propel, will join Grabango’s board of directors.
1 min read · 07 January 2019
