Private Equity
Newly launched Feature Labs Inc, which automates feature engineering for machine learning and AI applications, has raised $1.5 million in seed funding. Flybridge Capital Partners led the round with participation from other investors that included First Star Ventures and 122 West Ventures. In addition to the funding, Chip Hazard, a general partner at Flybridge, has joined Feature Labs' board of directors while John Donnelly III has become its chief operating officer.
1 min read · 22 February 2018
Brightspark Ventures is generating market buzz with a sophisticated and fast-growing funding model that taps into the wealth of a once overlooked capital source. Brightspark, a nearly 20-year investor in North American early-stage tech companies, since 2014 has capitalized its deals by drawing on the resources of a network of accredited investors and family offices. The firm’s strategy, adopted as an alternative to raising a third institutional fund, is dubbed “democratic” because it relies on a large population of small investors, most them new to the venture market, Managing Partner Sophie Forest told PE Hub Canada.
3 min read · 22 February 2018
RecargaPay, a mobile payments platform and wallet for Brazil, has raised $22 million in Series B funding. The investors included IFC, a member of the World Bank Group, TheVentureCity and Ventech.
2 min read · 22 February 2018
Capillary Technologies, a provider of software solutions for retailers to engage with their customers, has raised about $20 million in funding. The investors included Warburg Pincus and Sequoia Capital.
2 min read · 22 February 2018
KKday, a travel platform, has secured $10.5 million in funding, according to a blog post on its site. H.I.S. led the round with participation from return backer MindWorks Ventures.
1 min read · 22 February 2018
Dublin, Ireland-based DecaWave, a fabless semiconductor company specializing in precise location and connectivity applications, has secured $30 million in funding. Atlantic Bridge Ventures led the round with participation from other investors that included Enterprise Ireland, China Ireland Growth Technology Fund, ACT Venture Capital and ZZ Ventures.
1 min read · 22 February 2018
Beverly Hills, California-based Vision Esports, an esports investment fund and management company formed by Vision Venture Partners, has raised $38 million in funding. The investors included Evolution Media and TPG Growth.
1 min read · 22 February 2018
Toronto-based LegUp Computing Inc, a cloud platform provider for software developers, has secured an undisclosed amount of seed funding. Intel Capital led the round.
1 min read · 22 February 2018
Commerce Ventures, an early-stage venture firm focused on commerce technology, and Shoptalk, a retail and ecommerce conference, have launched Shoptalk Ventures. Shoptalk Ventures will commit $1 million over the next two years to 20 ecommerce and retail tech startups.
2 min read · 22 February 2018
New York City-based Hoth Therapeutics, a biopharmaceutical company focused on treating patients suffering from ailments such as atopic dermatitis, has raised $3 million in Series A funding. The investors were not named. Laidlaw & Co (UK) Ltd was the placement agent.
2 min read · 22 February 2018
