Private Equity
Caisse de dépôt et placement du Québec has partnered with Mila to create Espace CDPQ-Axe IA, a Montréal-based hub for artificial intelligence (AI) startups. Hub projects must show potential for technological acceleration at Mila, an AI partnership of the Université de Montréal and McGill University, with the support of HEC Montréal and Polytechnique Montréal. Selected companies will spend 12 months at Espace CDPQ-Axe IA, gaining access to advice, coaching and other resources to help commercialize their solutions. To date, nine startups have been invited to participate.
5 min read · 13 December 2018
Bratislava-based Minit, a process mining software vendor, has secured 3.3 million euros in funding. The investors were Earlybird Venture Capital and OTB Ventures.
4 min read · 13 December 2018
London-based Synthace Ltd, a developer of a cloud software platform for automating and improving the success rate of biological research and development, has secured $25.6 million in Series B funding. Horizons Ventures led the round with participation from other investors that included Luminous Ventures and SOSV.
3 min read · 13 December 2018
South San Francisco-based Mission Bio Inc, a provider of single-cell DNA analysis and precision genomics solutions, has secured $30 million in Series B funding. The investors were Agilent Technologies, Cota Capital, LAM Capital and Mayfield.
4 min read · 13 December 2018
Osprey Informatics, a Calgary-based provider of intelligent visual monitoring solutions for industrial operations, has raised $3.75 million in financing. The round was led by Shell Ventures, the investment arm of Royal Dutch Shell plc, and Evok Innovations, a partnership of BC Cleantech CEO Alliance, Cenovus Energy Inc and Suncor Energy Inc. They were joined by InterGen Capital and existing investors. Founded in 2011, Osprey's technology is used by more than 30 North American energy companies to manage field operations, assets and facilities. The funds raised will be used for sales growth and to market new artificial intelligence-enabled solutions.
4 min read · 13 December 2018
Glose, a digital reading app, has raised 3 million euros in funding. The investors included OneRagTime, Expon Capital, Kima Ventures and BPI France.
1 min read · 13 December 2018
New York-based fintech startup YayPay has secured $8.4 million in funding. Venture Partners was the lead investor.
1 min read · 13 December 2018
Durham, North Carolina-based Hi Fidelity Genetics, a computational crop breeding company, has raised $8.5 million in Series A financing. Fall Line Capital and Finistere Ventures led the round with participation from Gro Alliance, KdT Ventures, Prairie Crest Capital, S2G and Tom Farms.
1 min read · 13 December 2018
Philadelphia and San Francisco-based Guru, a revenue empowerment network, has raised $25 million in Series B funding. Thrive Capital led the round with participation from return backers Emergence Capital, FirstMark Capital, Slack Fund and Michael Dell’s MSD Capital.
1 min read · 13 December 2018
FinalCAD, a mobile platform for the construction industry, has secured $40 million in Series C funding. Draper Esprit led the round.
1 min read · 13 December 2018
