Private Equity

North America

Maven Ventures targets $50 mln for third fund

Maven Ventures is seeking to raise $50 million for its third fund, according to an SEC filing. The Palo Alto, California-based venture firm invests in consumer software and mobile startups.

1 min read · 26 October 2018

DataRobot fetches $100 mln Series D

Boston-based DataRobot, a enterprise machine learning platform, has raised $100 million in Series D funding. Meritech and Sapphire Ventures led the round. In addition to the funding, Meritech’s Rob Ward and Sapphire’s Jai Das have joined DataRobot's board of directors.

1 min read · 26 October 2018

Flybridge leads $2.5 mln round for Lorem

Lorem, a platform that connects business owners to a curated, professional network of freelance website designers and developers, has secured $2.5 million in funding. Flybridge Capital Partners led the round with participation from HubSpot, FJ Labs and Fresco Capital.

1 min read · 26 October 2018

Pathmatics scores $3 mln

Santa Monica, California-based Pathmatics, a marketing intelligence platform, has secured $3 million in funding. The investors were Mintel and SPH Ventures.

1 min read · 26 October 2018

Gradient takes in $3.5 mln seed

Gradient, which help brands bring machine learning to Amazon marketing, has raised $3.5 million in seed funding. Flying Fish Partners led the round with participation from PSL Ventures, MDC Ventures and Black Jays Investments.

1 min read · 26 October 2018

Galecto Biotech picks up Series C funding

Galecto Biotech AB, a developer of galectin modulators for the treatment of severe diseases, has raised 79 million euros in Series C financing. The investors included Novo Seeds, M Ventures, Sunstone Capital, Ysios Capital, OrbiMed, HBM Healthcare Investments, Bristol Myers-Squibb, Maverick Ventures and Seventure Partners. As a result of the transaction, Novo Seeds is now the largest shareholder in Galecto.

1 min read · 26 October 2018

Fleksy Keyboard rakes in over $815K

Fleksy Keyboard, a private smartphone keyboard, has raised $815,119 from 446 investors via its latest equity crowdfunding campaign. The capital will be used for growth.

1 min read · 26 October 2018

Strategic Education launches SEI Ventures

Strategic Education Inc, an education services holding company, has launched SEI Ventures, a seed-stage venture fund that will back education tech startups. SEI Ventures has already made its first investment: $500,000 in ecree, an automated assessment tool that helps students improve their writing.

4 min read · 26 October 2018

Michael Jordan, Rubenstein's Declaration Capital invest in aXiomatic

aXiomatic said Oct. 25 that Michael Jordan and Declaration Capital, the family office of David Rubenstein, have invested in the company. Financial terms weren’t announced although press reports pegged the round at $26 million. Curtis Polk, managing partner and alternate governor of Hornets Sports & Entertainment, is also investing. aXiomatic, of Los Angeles, is an esports and video game startup. George P. Stamas of Gibson, Dunn & Crutcher was aXiomatic’s counsel for the funding round.

3 min read · 26 October 2018

Ople raises $8 mln from Triage Ventures, Hack VC, others

Ople said it raised $8 million of Series A funding in a round led by Triage Ventures and joined by existing investors Hack VC as well as backers of its seed round.

2 min read · 25 October 2018

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