Private Equity
Validere, an oil and gas IoT and artificial intelligence platform, has raised $7 million in seed funding. Sallyport Investments led the round with participation from Y Combinator, Real Ventures, Moment Ventures and ZhenFund.
1 min read · 31 October 2018
Handshake, a career network for American college students, has raised $40 million in Series C funding. EQT Ventures led the round with participation from other investors that included the Chan Zuckerberg Initiative, Omidyar Network and Reach Capital. In conjunction with the funding, Alastair Mitchell of EQT Ventures is joining Handshake's board of directors.
1 min read · 31 October 2018
WeRide.ai, a Chinese autonomous driving company, has raised an undisclosed amount of funding. The investor was Alliance Ventures, Renault-Nissan-Mitsubishi's venture capital arm.
1 min read · 31 October 2018
Boston and Switzerland-based 1DROP, a developer of a medical diagnostic testing platform, has secured $4.25 million in Series A financing. Christian Wildmoser, a former partner at CVC Capital Partners, led the transaction.
1 min read · 31 October 2018
CognitionX, a provider of an AI Advice Platform that connects users and companies in real-time with news, products and technology experts, has raised $4.1 million in funding. The investors included The CXO Fund and Unilever Ventures.
1 min read · 31 October 2018
Industry Ventures announced several promotions and hires, including the elevation of Lindsay Sharma to managing director.
3 min read · 31 October 2018
PropertyGuru Group said Oct. 31 that it raised 200 million Singapore dollars ($145 million) in a Series D round led by KKR. PropertyGuru, of Singapore, is a real estate portal.
5 min read · 31 October 2018
BDC Capital said its co-investments team has deployed $38.1 million to Canadian technology financings over the past 18 months. The team, set up to increase late-stage deal capitalization alongside other funds, backed seven financings in this period. Examples include the latest rounds of Ecobee, a Toronto-based smart Wi-Fi thermostat maker, Element AI, a Montréal-based artificial-intelligence solutions company, and Miovision, a Kitchener, Ontario-based smart-traffic technology provider. BDC's co-investments team, led by Managing Partner Dominique Bélanger, works with more than 70 venture capital fund managers.
3 min read · 30 October 2018
Toronto-based digital sports platform theScore Inc (TSX-V: SCR) has launched a private placement offering intended to generate $8.5 million in proceeds. Relay Ventures, a Canadian mobile venture capital firm that has backed theScore since 2013, will invest in the offering. The family of John Levy, the company's founder and CEO, will also invest. The proceeds will be used to "capitalize on the introduction of legalized sports betting in the United States," Levy said. Formerly part of Score Media Inc, theScore's flagship mobile sports news and data app, theScore, serves millions of fans on a monthly basis.
3 min read · 30 October 2018
Micropsi Industries, a German robotics software company, has raised $6.08 million in Series A funding. Project A led the round with participation from other investors that included Coparion and Vito Ventures.
2 min read · 30 October 2018
