Private Equity
Sydney, Australia-based Ansarada, a global business readiness platform provider, has raised $18 million in Series A funding. Ellerston Capital led the round with participation from Tempus Partners, Belay Capital and Australian Ethical Investments.
1 min read · 22 March 2018
Santa Barbara, California-based BioIQ, a healthcare technology, has raised $26.5 million in funding. HealthQuest Capital led the round with participation from other investors that included Arboretum Ventures.
1 min read · 22 March 2018
Sunstone Capital, a European early-stage venture firm, has divested 1.6 million shares or about 50 percent of its stake in Asetek AS, a Danish provider of liquid cooling solutions for data centers, servers and PCs. Sunstone will distribute the proceeds of more than NOK 150 million (about $19.4 million) to the Danish Growth Fund, the Danish state investment fund, which will reinvest the proceeds in other Danish growth companies. As a result of the transaction, Sunstone retains ownership of about 1.6 million shares in Asetek.
3 min read · 22 March 2018
Matillion said March 22 that it raised $20 million in a Series B round led by Sapphire Ventures. Existing investor YFM Equity Partners also participated. Matillion, of U.K., is a software company that provides ELT solutions for cloud data platforms.
4 min read · 22 March 2018
Bestmile said it raised $11 million of a Series A funding in a round led by Road Ventures SA and joined by Partech Ventures, Groupe ADP, Airbus Ventures, Serena Capital and the Mobility.fund.
1 min read · 22 March 2018
Sequoia Capital is raising as much as $12 billion between its global growth fund and other venture-capital and growth funds in the United States and China, according to a report by CNBC.
1 min read · 21 March 2018
Stratford, a Canadian town known for its annual theatre festival, is emerging as a hub of “snowtonomous” research, as automakers face demands to produce self-driving cars that can perform in snow and sleet, Reuters reported. The province of Ontario is counting on the lure of its snowy winters and the strength of its automotive and software engineering sectors to establish a “Silicon North.” Since 2016, Ontario has attracted about $1 billion in private-sector investment for autonomous and connected cars.
4 min read · 21 March 2018
IS5 Communications Inc, a Toronto-based provider of integrated services and solutions for industrial Ethernet products, has raised an undisclosed financing. The round was led by Phoenix Contact Innovation Ventures, the venture investment arm of Phoenix Contact Group, a German maker of components and systems for electrical connection and industrial automation technology. The round's proceeds will help further develop and commercialize iS5Com's RAPTOR platform, which allows users to securely connect and manage their mission-critical networks. The company was founded in 2012 by CEO Clive Dias.
3 min read · 21 March 2018
Qiming Venture Partners has set out to raise a $900 million sixth venture fund, according to a filing with the SEC.
1 min read · 21 March 2018
Khosla Ventures has set out to raise a $400 million fourth seed fund, according to a filing with the SEC.
1 min read · 21 March 2018