Private Equity

North America

Ancient Nutrition nabs $103 mln

Ancient Nutrition, a provider of bone broth protein supplements, has raised $103 million in funding. The investors included VMG Partners, Hillhouse Capital and ICONIQ Capital.

1 min read · 08 March 2018

Prevail Therapeutics lands $75 mln Series A

New York City-based Prevail Therapeutics Inc, a developer of gene therapies for patients with Parkinson’s disease and other neurodegenerative diseases, has secured $75 million in Series A financing. The investors included OrbiMed, Pontifax Fund, RA Capital Management, EcoR1 Capital, Omega Funds, BVF Partners LP, Boxer Capital LLC, Adage Capital Management LP and Alexandria Venture Investments.

1 min read · 08 March 2018

Cyteir Therapeutics rakes in $29 mln Series B

Cambridge, Massachusetts-based Cyteir Therapeutics, a developer of synthetic lethal therapies that treat cancer and autoimmune disease, has raised $29 million in Series B financing. Venrock led the round with participation from other investors that included Celgene, Lightstone Ventures and DROIA Oncology Ventures.

4 min read · 08 March 2018

Bitt snags $3 mln from Medici Ventures

Barbados-based Bitt.com, a blockchain-based digital payment provider, has secured $3 million in funding. The investor was Medici Ventures, a blockchain-focused subsidiary of Overstock.com.

3 min read · 08 March 2018

Litigation finance startup Mighty snaps up $114 mln

New York City-based Mighty, a litigation finance startup, has secured $114 million in funding. The company's investors include IA Ventures and Tribeca Venture Partners.

1 min read · 07 March 2018

Business travel platform TripActions inks $51 mln Series B

Palo Alto, California-based TripActions, a business travel platform, has raised $51 million in Series B financing. Arif Janmohamed, a partner at Lightspeed Venture Partners, led the round with participation from Oren Zeev of Zeev Ventures.

1 min read · 07 March 2018

Messaging app M.io raises $5.75 mln

Austin, Texas-based M.io, a Y Combinator-backed startup that is developing a universal messaging network, announced it has raised $5.75 million in funding led by previous investors Goldcrest Capital, Eniac Ventures and Two Sigma Ventures. The company was founded by Tom Hadfield and James Cundle in 2016. M.io has now raised $8.25 million from investors, including Goldcrest, Eniac, Two Sigma, Khosla Ventures, Y Combinator and Capital Factory.

1 min read · 07 March 2018

Digital insurance broker Kelly Klee attracts $4.5 mln seed

Kelly Klee Inc, a digital insurance broker "for successful Americans," has raised $4.5 million in seed funding. The investors included David Wong, former general partner at Brentwood Associates and Langdell Investments.

1 min read · 07 March 2018

Conga to buy VC-backed Octiv

Conga has agreed to acquire Indianapolis-based Octiv, a provider of web-based document solutions. No financial terms were disclosed. Conga's backers included Salesforce Ventures while Octiv was backed by Greycroft Partners, Allos Ventures, High Alpha Capital and GE Ventures.

3 min read · 07 March 2018

Smart factory platform Poka raises $10 mln in latest round

Poka, a Québec City-based social industrial platform, has raised $10 million in its latest financing, according to a report by BetaKit. The round was led by Espace CDPQ, an entrepreneurial hub created by Caisse de dépôt et placement du Québec, the report said. It was joined by Robert Bosch Venture Capital GmbH (RBVC), the Leclerc family, and Poka's original seed investors iNovia Capital and Uncork Capital. Founded in 2013 by CEO Alexandre Leclerc and CTO Antoine Bisson, Poka helps manufacturing companies with communications and training through a web and mobile application that collects and shares comprehensive factory data and procedures in real time. Update: Poka confirmed the financing in a release issued after the BetaKit report, noting that RBVC co-led with Espace CDPQ.

1 min read · 07 March 2018

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