Private Equity
NomNomNow, a provider of vet-formulated meals for dogs, has raised $13 million in funding. The investors included Bullish, CircleUp, e.ventures, Tandem Capital and Greycroft.
1 min read · 11 May 2018
SeqOnce Biosciences Inc, a life science company, has secured $1 million in seed funding. Mount Wilson Ventures led the round.
1 min read · 11 May 2018
Blue Bear Capital, a venture and growth equity fund focused on digital technologies for the energy sector, has named Lord John Browne to its advisory board. Browne is a former chairman and CEO of BP, was a partner of Riverstone Holdings LLC and an ex-chairman of the Apax Partners' advisory board. Brown was also a non-executive director of Goldman Sachs.
3 min read · 11 May 2018
Keiretsu Capital said it completed a $4.2 million first close of a blockchain fund of funds and anticipates a second close in June, with commitments so far of $1.5 million.
1 min read · 11 May 2018
Klashwerks, a connected car technology company, has raised an undisclosed seed-stage financing. The round was led by Canadian venture capital firm Celtic House Venture Partners. It was joined by FundFire and MaRS Investment Accelerator Fund. Founded in 2016 by CEO Russell Ure and Dan Carruthers, Ottawa-based Klashwerks' flagship product is Raven, a comprehensive solution for connecting drivers with their cars. Its cameras, navigation, diagnostics, data and mobile app help monitor road conditions, auto security and the whereabouts of family members. Klashwerks said Raven is the first of many products to come.
5 min read · 10 May 2018
Palladium Equity Partners LLC has agreed to sell Pronto Holdco LLC, the parent company of Pronto Insurance, to Risk Placement Services Inc., a unit of Arthur J. Gallagher & Co. No financial terms were disclosed. William Blair & Company was financial adviser to Pronto on the deal. Pronto is a provider of personal automobile insurance for consumers throughout Texas, California and Florida, with a special focus on serving the Hispanic community.
3 min read · 10 May 2018
TIMIA Capital Corp has provided an investment facility of $2 million to Vonigo Software Ltd, a Vancouver-based online business management platform that helps streamline operations and increase sales of mobile service companies. TIMIA, a Canadian revenue financing firm, will disburse an initial $700,000 and provide a further $1.3 million as the company meets certain milestones. Vonigo was founded in 2010 by CEO John Carter and CTO Roman Azbel. The deal with TIMIA is intended to support the company's growth plans.
2 min read · 10 May 2018
OpenSea, a marketplace for cryptogoods, has secured $2 million in funding, according to a blog post. The investors included Founders Fund, 1confirmation, Foundation Capital, Blockchain Capital, Coinbase Ventures, Chernin Group, Stable Fund and Blockstack.
1 min read · 10 May 2018
Investing app Robinhood has raised $363 million in Series D funding, according to a blog post on its site. DST Global led the round with participation other investors that included Iconiq, Capital G, Sequoia Capital and Kleiner Perkins Caufield & Byers.
1 min read · 10 May 2018
Blockchain Valley Ventures, a Swiss accelerator and venture firm focused on blockchain-enabled businesses, has launched. Heinrick Zetlmayer and Oliver Bussmann are serving as partners. BVV is backed by Lykke Corp.
6 min read · 10 May 2018
