Private Equity
Alumni Ventures Group has raised nearly $30 million for its three annual funds: Green D Ventures, Chestnut Street Ventures, and Purple Arch Ventures. The funds enabled alumni from Dartmouth, University of Pennsylvania and Northwestern, respectively, to back ventures of fellow alums. Each fund raised $7.5 million to $10 million.
3 min read · 19 October 2018
Tucson, Arizona-based Vector, a microsatellite launch company, has secured $70 million in Series B funding. The investors were Kodem Growth Partners, Morgan Stanley Alternative Investment Partners, Sequoia Capital, Lightspeed Venture Partners and Shasta Ventures.
1 min read · 19 October 2018
Jane VC, an early-stage venture firm that invests in women-led tech startups, has launched. Jennifer Keiser Neundorfer and Maren Thomas Bannon are the founding partners. According to the firm's website, Jane VC "was founded by female operators and investors with ties to Stanford."
1 min read · 19 October 2018
Tez Financial Services, a digital "non-bank microfinance" company in Pakistan, has secured $1.1 million in seed round funding. Omidyar Network led the round.
1 min read · 19 October 2018
Kite Hill, a producer of plant-based foods, has raised $40 million in funding. The lead investor was 301 INC, General Mills' new business development and venturing unit. CAVU Venture Partners also participated in the round.
1 min read · 19 October 2018
Early-stage investor First Round Capital is seeking to raise $220 million for its seventh fund, according to a pair of regulatory filings. The fund is 25 percent larger than the $175 million it raised for fund VI in 2016. Since the last fund, the firm named Hayley Barna a general partner, promoting her from venture partner. She previously was co-founder and co-CEO of Birchbox.
1 min read · 19 October 2018
WEconnect, an addiction recovery app, has secured $6.05 million in Series A funding. The investors include Fred Luddy, founder of ServiceNow; Larry Leeds Jr. from Buckingham Capital; and Mark Ein, CEO of Venturehouse Group.
2 min read · 18 October 2018
Thunder Experience Cloud, an ad tech company, has raised $6 million in funding. The investors include return backer and Thunder board member Jimmy Lu, managing director of the WI Harper Group.
1 min read · 18 October 2018
Atlanta-based LiveSource, a cloud-based supplier management software provider, has raised $7.4 million in funding. Fulcrum Equity Partners led the round with participation from other investors that included IDEA Fund Partners, Alerion Ventures, Knoll Ventures and Tamiami Angel Funds.
1 min read · 18 October 2018
San Mateo, California-based Incorta, a hyperconverged analytics software company, has secured $15 million in funding. The investors were M12, Microsoft’s venture fund and Telstra Ventures.
1 min read · 18 October 2018
