Private Equity
Pharos Capital Group LLC said Oct. 30 it acquired a majority stake in Charter Health Care Group. Financial terms weren’t announced. Charter Health is a post-acute care provider offering hospice, home health, and transitional care services.
3 min read · 30 October 2018
GTR Ventures said Oct. 30 that it invested in Orbitt. Financial terms weren’t announced. Orbitt, with headquarters in London and operations in Mauritius, is an African-focused fintech deals platform.
2 min read · 30 October 2018
San Francisco-based Ethos, a life insurance company that uses predictive analytics, announced today that it has raised $35 million in Series B funding. Accel led the round, which include GV and previous investors Sequoia Capital and Arrive, a subsidiary of Roc Nation, as well as a debt facility from Silicon Valley Bank. The company, founded in 2016, has now raised $46 million in total funding. As part of the latest round, Accel Partner Nate Niparko will join the board and GV General Partner Tyson Clark will join the board as an adviser.
1 min read · 30 October 2018
Los Angeles-based WAYV, a provider of B2B ecommerce solutions for the cannabis industry, today announced a $5 million seed round led by Craft Ventures. The company was launched earlier this year by Keith McCarty, co-founder of Eaze.
1 min read · 29 October 2018
General Fusion, a Vancouver-based fusion energy technology company, has raised $49.3 million from Ottawa's Strategic Innovation Fund. The funds raised will support the company's development of a large-scale prototype plant to demonstrate a practical approach to commercializing electricity from fusion power. Founded in 2002 by CSO Michel Laberge, General Fusion is backed by BDC Capital, Bezos Expeditions, Braemar Energy Ventures, Cenovus Energy, Chrysalix Venture Capital, Entrepreneurs Fund, Khazanah Nasional Berhad, SET Ventures and other investors.
5 min read · 29 October 2018
StarkWare, an Israeli blockchain startup, has raised $30 million in funding, according to a blog post. Paradigm led the round with participation from other investors that include Intel Capital, Sequoia, Atomico, DCVC, Wing, Consensys, Coinbase Ventures, Multicoin Capital, Collaborative Fund, Scalar Capital, Semantic Ventures, Pantera and Floodgate.
1 min read · 29 October 2018
New York City-based Work-Bench, an enterprise-focused venture fund and community, raised more than $46.2 million for its second fund, according to a regulatory filing. Work-Bench was co-founded by General Partners Jonathan Lehr and Jessica Lin in 2013. It is based in a 32,000-square-foot office in Union Square where it hosts events and operates an enterprise tech hub.
1 min read · 29 October 2018
San Francisco-based Properly Inc, a cleaning and quality management platform to Airbnb hosts and vacation rental managers, has secured $8.5 million in Series A funding. Asset Management Ventures led the round.
3 min read · 29 October 2018
ARCH Venture Partners is seeking to raise $600 million for its tenth fund, according to an SEC filing. The Chicago-based venture firm makes seed/early-stage investments in tech firms.
1 min read · 29 October 2018
Cambridge, Massachusetts-based XtalPi Inc., a biotech startup, has raised $46 million in funding. China Life Healthcare Fund led the round with participation from SIG and Yael Capital.
1 min read · 29 October 2018
