Private Equity
Amino Payments, a transparency and payments company for digital advertising, has raised $4.5 million in seed funding. First Round Capital led the round with participation from You & Mr. Jones Brandtech Ventures, NYCA Investment Fund, Tessera Venture Partners, Auren Hoffman and Tod Sacerdoti.
3 min read · 23 February 2018
SkyDeck, UC Berkeley’s startup accelerator, has closed its new oversubscribed fund at $24 million. The investors included Sequoia Capital and Mayfair Venture Capital.
2 min read · 23 February 2018
Ontario Municipal Employees Retirement System (OMERS) reported a net investment return of 11.5 percent last year, compared to a benchmark of 7.3 percent, and a net return of 10.3 percent in 2016. Investments, which generated close to $10 billion of net income, helped grow OMERS' net assets to $95 billion at the end of December, compared with $85 billion a year ago. Among OMERS' private asset classes, private equity investments returned 11.1 percent in 2017, down from the year before, while infrastructure investments returned 12.3 percent, which is up. The Toronto-based pension fund will issue its 2017 annual report in March.
2 min read · 23 February 2018
LegUp Computing Inc has raised undisclosed seed-stage financing led by Intel Capital, the venture investment arm of U.S. technology giant Intel Corp. Based in Toronto, LegUp provides a cloud platform that allows software developers to program, deploy, scale and oversee field-programmable gate array (FPGA) devices for accelerating high performance applications. It will use the round's proceeds to commercialize its open-source synthesis tool, which is based on research at the University of Toronto. LegUp was founded in 2015 by Dr. Andrew Canis, Dr. Jongsok Choi, Ruolong Lian and Professor Jason Anderson.
4 min read · 23 February 2018
ParkBee, a Dutch smart parking solutions provider, has raised 5 million euros in funding. Statkraft Ventures led the round.
1 min read · 23 February 2018
Redwood City, California-based Split, a feature experimentation platform, has raised $17 million in Series B funding. LightSpeed Venture Partners led the round with participation from Accel Partners and Harmony Partners.
1 min read · 23 February 2018
Food by Rail Logistics Holdings Inc, a logistics and transportation company for frozen and refrigerated protein, produce, packaged food and beverages, has secured $5 million in funding. The investors were not named. US Capital Partners was the adviser on this transaction.
1 min read · 23 February 2018
OpenAirlines, which offers solutions on optimizing flight operations and reducing costs, has raised 1 million euros in funding. The investors were Alter Equity3P and Bpifrance.
1 min read · 23 February 2018
D-Wave Systems Inc has received a commitment from Public Sector Pension Investment Board (PSP Investments) for an additional $25 million (US$20 million) of a US$50 million convertible notes facility. D-Wave raised US$30 million with the facility's announcement last year. The Vancouver quantum computing systems and software company said it completed a prototype of a next-generation quantum processor with the help of PSP's initial investment. The facility's second tranche will support bringing the product to market. D-Wave, which is led by CEO Vern Brownell, said the deal brings its total funding to about $280 million (US$220 million).
3 min read · 22 February 2018
Seattle-based Eventcore, a provider of enterprise-level event registration and technology solutions, has closed $4.1 million in funding. East Seattle Partners led the round. In addition to the funding, Nick Zabriskie, a partner at East Seattle Partners, will join Eventcore’s board of directors.
1 min read · 22 February 2018
