Private Equity
Fellow.app, an Ottawa-based software toolkit for managers, has closed its seed-stage financing, raising about $6.5 million. Canadian growth equity and venture capital firm Inovia Capital led the round, with participation from Felicis Ventures, Garage Capital and several angel investors. Fellow.app, launched last year by CEO Aydin Mirzaee, CTO Sam Cormier-Iijima and CPO Amin Mirzaee, has developed a cloud-based tool to help managers and their teams organize meetings, feedback and priorities.
2 min read · 01 July 2019
Montage Ventures has raised over $18 million for its second fund, according to an SEC filing. The target is $37.5 million. Based in Menlo Park, California, Montage Ventures invests in financial services, ecommerce, marketplaces and healthcare startups.
1 min read · 01 July 2019
Tara AI, a product management platform, has raised $10 million in Series A funding. Aspect Ventures led the round with participation from Slack Fund, Y Combinator and Moment Ventures.
4 min read · 01 July 2019
San Jose California-based TrapX Security, a cybersecurity firm, has raised $18 million in financing. Ibex Investors led the round with participation from other investors that included BRM, Opus Capital, Intel Capital, Liberty Technology Venture Capital and Strategic Cyber Ventures.
1 min read · 01 July 2019
TDK Ventures has launched a $50 million fund that will invest in early-stage startups in material science, energy/power and related areas. TDK Ventures was formed by Tokyo-based TDK Corporation, an electronics company.
3 min read · 01 July 2019
Century Therapeutics, a biotech firm, has raised $250 million in financing. The investors were Bayer, Versant and Fujifilm Cellular Dynamics Inc.
1 min read · 01 July 2019
Silicon Valley-based venture firm CloudScale Capital Partners LLC has named Matt Bross as a partner. Bross is a former CTO of British Telecom, Williams Communications and Huawei.
3 min read · 01 July 2019
RealWear Inc, a knowledge transfer and training platforms for the connected worker, has raised $80 million in Series B financing. The investors included Teradyne Inc, Bose Ventures, Qualcomm Ventures LLC, Kopin Corporation and JPMorgan.
1 min read · 01 July 2019
Boldstart Ventures has raised over $88 million for its fourth fund, according to an SEC filing. The target is $100 million. New York City-based Boldstart invests in enterprise software.
1 min read · 28 June 2019
Karuna Therapeutics, a biopharmaceutical company primarily focused on developing novel therapies to address disabling neuropsychiatric conditions, has raised $89.2 million for its IPO after pricing its over 5.5 million shares at $16 per share. The stock began trading June 28, 2019 on the NASDAQ under the ticker symbol "KRTX." Goldman Sachs and Citigroup are the lead underwriters. Karuna's pre-IPO backers included ARCH Venture Partners, Fidelity Management & Research Co, Eventide Asset Management, Pivotal bioVenture Partners, Partner Fund Management, Wellcome Trust, Sands Capital and Alexandria Venture Investments.
3 min read · 28 June 2019
