Private Equity
New York accelerator and seed investor Quake Capital unveiled its third class of startups.
1 min read · 08 February 2018
Cognixion, a neurotechnology artificial-intelligence startup based in Toronto and Santa Barbara, California, has secured about $1.2 million (US$1 million) in a seed-stage financing. The round was led by Tom Washing, founding partner of Sequel Venture Partners, and joined by nine angel investors. The funds raised will help Cognixion develop a commercially viable biosignal recognition system that is intended to help non-verbal people communicate using a brain computer interface and AI. Formerly known as Smartstones, Cognixion was founded in 2014 by CEO Andreas Forsland.
3 min read · 08 February 2018
Danhua Capital has raised $343.2 million for its second fund, according to an SEC filing. The Palo Alto, California-based venture firm invests mostly in early-stage tech companies.
1 min read · 08 February 2018
Univfy, a predictive machine learning and fintech platform that provides fertility patients with personalized probabilities of IVF success, has secured $6 million in Series A funding. Rethink Impact led the round.
1 min read · 08 February 2018
Niche, a platform that helps people choose schools and neighborhoods, has raised $6.6 million in Series B funding. Allen & Company LLC and Grit Capital Partners led the round. In conjunction with the funding, Paul Palmieri, a general partner of Grit Capital Partners, has joined the Niche's board of directors.
1 min read · 08 February 2018
Vreal, a virtual reality livestreaming and broadcast platform, has raised $11.7 million in Series A funding. Axioma Ventures led the round with participation from Intel Capital, AET Fund, Upfront Ventures, Vulcan Capital and CRCM Ventures.
1 min read · 08 February 2018
Woburn, Massachusetts-based Ionic Materials, a materials technology company that enables next-generation solid-state batteries, has secured $65 million in Series C financing. The investors in this round included Alliance Ventures, according to Crunchbase.
1 min read · 08 February 2018
Rani Therapeutics, a developer of a pill designed to replace injectable drug delivery for patients suffering from chronic diseases, has raised $53 million in funding. The investors included GeneScience Pharmaceuticals, Bossa Ventures, Cathay Venture Inc, GV, Alphabet Inc's investment arm, Novartis, AstraZeneca, Ping An Ventures and Virtus Ventures.
1 min read · 08 February 2018
TribalScale, a creator of digital product strategy, design, and development, has launched TribalScale Venture Studios, a $100 million, five-year program that will connect entrepreneurs with Fortune 500 companies to launch industry-specific startups. The program will focus on four sectors: financial services, automotive, media and travel and hospitality. TribalScale has offices in Toronto, New York City, San Francisco, Dubai and Irvine, California.
4 min read · 08 February 2018
Austin, Texas-based MineralSoft, a software company focused on developing solutions to manage oil and gas investments, has closed $4 million in Series A funding. Cottonwood Venture Partners led the round with participation from Blue Bear Capital and Y Combinator.
1 min read · 08 February 2018
