Private Equity
Hitachi said it will invest in a supplemental fund to Geodesic Capital's 2015 maiden venture-capital fund. The investment size was not disclosed.
1 min read · 27 March 2018
Palo Alto, California-based Arraiy, a computer vision and machine learning platform for the motion picture and television industry, has raised over $10 million in Series A funding. Lux Capital and Softbank Ventures led the round with participation from Dentsu Ventures, Cherry Tree Investments, IDG Capital and CRCM Ventures.
1 min read · 27 March 2018
Los Angeles-based Relativity Space, a 3D printing startup, has raised $35 million in Series B financing. Playground Global led the round with participation from Social Capital, Y Combinator Continuity and Mark Cuban.
1 min read · 27 March 2018
Santa Monica, California-based Fastdata.io, a real-time stream processing company, has raised $5 million in seed funding. CrossCut and Pelion Venture Partners led the round with participation from return backer NVIDIA.
1 min read · 27 March 2018
Vancouver and Berkeley, California-based BriaCell Therapeutics Corp (TSX-V: BCT), an immuno-oncology-focused biotechnology company, has raised about $5.3 million in financing. According to details of a non-brokered private placement, BriaCell sold over 43 million shares of the company at $0.10 per share. In addition to this deal, BriaCell raised US$800,000 (about $1 million) in a brokered private placement. The U.S. life sciences investors included Brio Capital Master Fund, Efrat Investments and Mario Family Partners. The proceeds will be used to fund BriaCell's Phase-2a clinical trial, to pursue research opportunities, and for other priorities.
6 min read · 27 March 2018
HIVE Blockchain Technologies Ltd (TSX-V: HIVE) has agreed to buy the issued and outstanding shares of Kolos Norway AS, a Ballangen, Norway-based data centre property powered by renewable energy. The deal, scheduled to close within 60 days, reflects a total consideration of US$9.9 million, 4.75 million common shares and 1.25 million warrants. HIVE, a Vancouver-based developer of blockchain infrastructure, said Kolos will be its flagship data centre project in the years ahead. The company, which also has assets in Iceland and Sweden, last October raised $7 million in a deal with strategic investor Genesis Mining Ltd.
5 min read · 27 March 2018
San Francisco-based Intercom, which provides a messaging platform for businesses to connect with its customers, announced it has raised $125 million in Series D funding with a post-money valuation of $1.275 billion. Kleiner Perkins led the round with participation from GV and others, including Bessemer Venture Partners and Index Ventures. As part of the funding, Mary Meeker of Kleiner Perkins will serve as board observer. The company, founded in 2011 by Eoghan McCabe, Des Traynor, Ciaran Lee and David Barrett, has now raised $240 million in total funding.
1 min read · 27 March 2018
Lightspeed Venture Partners, which last year saw exits in the unicorn companies AppDynamics, Mulesoft and Snap, is seeking to raise $1.8 billion for Lightspeed Venture Partners Select III, according to a regulatory filing. In 2016, the firm raised more than a combined $1.2 billion for two funds, including $715 million for its 11th early-stage fund and $500 million for Lightspeed Venture Partners Select II. The Select Fund invests in follow-on rounds, primarily in existing Lightspeed portfolio companies.
1 min read · 27 March 2018
Geothermal energy startup Dandelion has raised $4.5 million in funding. New Enterprise Associates led the round with participation from BoxGroup, Daniel Yates, Ground Up, Borealis Ventures, Collaborative Fund and ZhenFund.
1 min read · 27 March 2018
Boston-based PreVeil, a provider of private and protected email and files for businesses, has raised an undisclosed amount of Series A funding. The investor was Spark Capital.
3 min read · 27 March 2018
