Private Equity
San Diego-based Citadel Defense Company, a drone system developer, has secured $12 million in Series A funding. The investor was Lightspeed Venture Partners.
1 min read · 27 February 2018
New York-based Industrious, a premium workplace platform and coworking solution, has raised $80 million in Series C funding. Riverwood Capital and Fifth Wall Ventures led the round with participation from other investors that included Schechter Private Capital and Wells Fargo Strategic Capital.
1 min read · 27 February 2018
Nomad Health, an online marketplace for healthcare jobs, has raised $12 million in Series B financing. Polaris Partners led the round with participation from other investors that included First Round Capital, RRE Ventures and .406 Ventures. In addition to the funding, Brian Chee, a managing partner at Polaris, will be joining Nomad Health’s board of directors.
1 min read · 27 February 2018
Cambridge, Massachusetts-based Generation Bio, a developer of genetic medicines, has secured $100 million in Series B financing. Fidelity Management & Research Company led the round with participation from Invus, Deerfield Management Company, Casdin Capital, Foresite Capital and Leerink Partners’ affiliates.
1 min read · 27 February 2018
London and Copenhagen-based Peakon, a people analytics company, has closed its funding round at $22 million. Balderton Capital led the round with participation from return backers EQT Ventures, Idinvest Partners and Sunstone.
3 min read · 27 February 2018
Boston-based CyberX, which monitors industrial networks for targeted attacks, insider threats and vulnerabilities, announced it has raised $18 million in Series B funding led by Norwest Venture Partners. Previous investors, including Glilot Capital Partners, Flint Capital, ff Venture Capital and OurCrowd, also participated in the round. The company has now raised $30 million in total funding.
1 min read · 27 February 2018
Vancouver-based cancer genomics company Contextual Genomics Inc has secured $12 million in a facility provided by PacBridge Capital Partners (HK), a Hong Kong growth-stage investment firm. PacBridge's James Lumsdaine will join the board as a result. Founded in 2012, Contextual is a developer of solutions that harness the clinical and genomic data of cancer patients to improve diagnosis and present expanded treatment options. The funds raised will be used for global distribution of FIND IT, a molecular hotspot assay, and development of FOLLOW IT, a mutation detection assay. Contextual is led by Executive Chairman Chris Wagner.
4 min read · 26 February 2018
Palo Alto, California-based Spring Discovery, a machine learning-based drug discovery platform provider, has raised $4.25 million in seed funding, according to a post by its CEO. The investors included General Catalyst, First Round, Sam Altman and Sea Lane Ventures.
1 min read · 26 February 2018
Simplaex said it raised new capital in a round led by Harbert Management Corporation. No additional details on the round were available.
1 min read · 26 February 2018
PenderFund Capital Management Ltd has held the first close of a new fund earmarked for investments in mid-stage private and public technology companies primarily located in Western Canada and Western United States. The amount raised by Pender Technology Inflection Fund I was not disclosed. The fund will be co-managed by Maria Pacella, Pender's senior vice president, private equity, and David Barr, the firm's president and CEO. It will target opportunities for developing "fundamental technologies," such as the convergence of health and technology, as well as data-driven technologies. Vancouver-based Pender is a mutual funds manager.
3 min read · 26 February 2018
