Private Equity
Portuguese tech startup Infraspeak has secured 1.6 million euros in funding. Firstminute Capital and Innovation Nest led the round.
2 min read · 18 October 2018
Foxquilt, a Toronto-based insurance financial technology provider, has raised $1.2 million in a seed-stage financing. The round was led by Canadian early-stage venture capital firm Extreme Venture Partners. Foxquilt was launched in 2016 by CEO Mark Morissette and Karim Jamal, both formerly with Real Matters and Aviva Canada. Its platform uses big data and machine learning to help social groups save on home, small business and auto insurance. Foxquilt will use the funds raised to develop its technology and grow through sales and marketing and customer acquisition in Ontario.
3 min read · 18 October 2018
San Francisco-based Future Family, a provider of fertility care services, has raised $10 million in a Series A round of funding led by Aspect Ventures. Also participating in the round are iNovia Capital, BBG Ventures, LaunchCapital, Ulu Ventures and Portfolia's FemTech Fund. Future Family, which provides a monthly payment service for such fertility services as egg freezing, in vitro fertilization and concierge care, has now raised $14.2 million in total funding. As part of the latest round, Aspect Ventures Partner Lauren Kolodny will join the board.
1 min read · 18 October 2018
Montréal-based turnkey events platform Entr has raised $1.13 million in a seed-stage financing. The round was led by U.S. venture capital firm Telegraph Hill Capital with participation from iNovia Capital, Peter Kern, Interaction Ventures and Guillaume Jacquet. Founded last year by Marc-Antoine Bonin, Emeric Noël and Alexandre Vanier, Entr helps enterprises plan and book events. Platform users can select from a curated portfolio of 1,000 Canadian venues and vendors. Entr, which is debuting in Toronto next month, will use the funds raised to expand across Canada, improve its product, and bring on additional talent.
3 min read · 18 October 2018
Pennsylvania-based PhaseBio Pharmaceuticals, a developer of treatments for orphan diseases, has raised $46 million for its IPO after pricing its 9.2 million shares at $5 per share. The stock began trading October 18, 2018 on the NASDAQ under the ticker symbol "PHAS." Citigroup, Cowen and Stifel are the lead underwriters. PhaseBio's pre-IPO backers included New Enterprise Associates, Hatteras Venture Partners, Johnson & Johnson and Fletcher Spaght Ventures.
2 min read · 18 October 2018
Momenta, a China-based autonomous driving company, has secured undisclosed funding that puts the company at a valuation north of $1 billion. The company's investors included NIO Capital and Pagoda Investment.
1 min read · 18 October 2018
Mrs Wordsmith, a provider of illustrated and animated word products, has raised $11 million in Series A funding. Trustbridge Partners led the round with participation from other investors that included Reach Capital and Kindred Venture Capital.
1 min read · 18 October 2018
Beijing-based Cobo, a developer of consumer blockchain products, has raised $13 million in Series A funding. DHVC and Wu Capital led the round.
1 min read · 18 October 2018
Vacasa, the vacation rental management company, has secured $64 million in funding. Riverwood Capital led the round with participation from return backers Level Equity, NewSpring and Assurant Growth Investing.
1 min read · 18 October 2018
Synoste Ltd, a Finnish medical device company, has raised over 5 million euros in funding. The investors were Lifeline Ventures and AO Invest.
1 min read · 18 October 2018
