Private Equity
LeaseLock said it raised $10 million of Series A capital in a round led by Wildcat Venture Partners and joined by Liberty Mutual Strategic Ventures, American Family Ventures and Moderne Ventures.
3 min read · 30 April 2018
Co-investment was a hot topic at last month’s PartnerConnect East 2018 conference in Boston, writes Shahir Guindi, national co-chair of Osler, Hoskin & Harcourt LLP. That’s because guidance from the SEC on how co-investment opportunities should be allocated by U.S. private equity firms has big implications for American GPs and their investors. In a PE Hub Canada feature article, Guindi argues that while SEC guidance, which calls for written policies and transparency on how GPs designate co-investment rights, does not technically apply in Canada, Canadian GPs should consider proactively how they might comply with the framework.
4 min read · 30 April 2018
The Hive said it raised a $26.5 million third fund from investors including Verizon Ventures, Software AG, General Electric, Rockwell Automation, March Capital Partners and unnamed individuals.
6 min read · 30 April 2018
San Francisco and China-based EcoFlow, a mobile power company, has raised over $4 million in Series A funding. The investors included Delia Capital, SCUD Group and Guangzhou Penghui Energy.
3 min read · 27 April 2018
Trust Ventures is seeking to raise $50 million for its initial fund, according to an SEC filing. Based in Austin, Trust Ventures invests in startups that focus on challenging government regulations.
1 min read · 27 April 2018
DigitalOcean, a cloud platform for developers and their teams, has named Amy Butte to its board of directors. Her appointment is effective immediately. Her work background includes serving as chief financial officer at the New York Stock Exchange where she led its IPO in 2006. DigitalOcean's backers include Andreessen Horowitz, IA Ventures, Techstars and Access Industries.
2 min read · 27 April 2018
Saratoga, California-based RStor, a provider of multicloud platform for enterprise performance computing, has raised $45 million in Series A funding. Cisco Investments led the round.
1 min read · 27 April 2018
Ping An’s Good Doctor online healthcare platform has raised US$1.12 billion in its initial public offering, pricing its shares at the top of its range in Hong Kong’s largest new listing this year, sources told Reuters. Founded in 2014, the company was among several tech startups backed by Ping An Insurance Group Co of China Ltd. Its IPO attracted more than 200 investors, a source said. The offering had seven cornerstone investors, among them Singapore’s GIC, Canada Pension Plan Investment Board and U.S.-based BlackRock.
2 min read · 27 April 2018
Los Angeles-based Maverick, a new social network for girls, has secured $2.7 million in seed funding. Matt Robinson of Heroic Ventures led the round with participation from other investors that included Susan Lyne and Nisha Dua of BBG Ventures and LinkedIn CEO Jeff Weiner.
1 min read · 27 April 2018
A-Mansia, a Belgian microbiome company, has secured 13 million euros in funding. Seventure Partners led the round. In addition to the funding, Eric de la Fortelle from Seventure Partners will be joining A-Mansia board.
4 min read · 27 April 2018
