Private Equity
Drive Capital has raised $558 million for two venture-capital funds, according to filings with the SEC.
1 min read · 22 April 2019
Zippia, a career resource site, has secured $8.5 million in Series A funding. E.ventures led the round with participation from other investors that included MHS Capital, NextView Ventures and Correlation Ventures. In addition to the funding, Thomas Gieselmann of E.ventures will be joining Zippia's board of directors.
1 min read · 22 April 2019
Silicon Valley biotechnology investment firm Sofinnova Investments has hired Maha Katabi as a partner. Katabi, who has worked as a Canadian venture capital and public equities professional for more than 18 years, joined from Oxalis Capital, an innovative therapeutics investor she founded in 2018. Previously, she was a partner at Sectoral Asset Management, a vice president at Ventures West Management and an associate at T2C2 Capital. With Katabi’s hire, Sofinnova said it will open an office in Montréal, enabling the firm to work more closely with companies based in the Eastern United States, Europe and Canada.
3 min read · 22 April 2019
San Francisco-based Fastly Inc, an edge cloud provider, has filed for an IPO. The number of shares that will be sold as well as its pricing terms have yet to be set. Fastly plans on listing the stock on the New York Stock Exchange under the ticker symbol "FSLY." BofA Merrill Lynch, Citigroup and Credit Suisse will serve as the lead underwriters. Fastly's backers include Deutsche Telekom Capital Partners, Sozo Ventures, Sorenson Capital and Swisscom Ventures.
2 min read · 22 April 2019
La Jolla, California-based Avidity Biosciences, a biotech company, has secured $15 million in funding as part of a licensing and research agreement with Eli Lilly and Company. According to terms of the deal, Avidity will receive an upfront payment of $20 million and is also eligible to receive up to about $405 million for development, regulatory and commercialization milestones.
1 min read · 22 April 2019
Math Venture Partners has raised over $44 million for its second fund, according to an SEC filing. Based in Chicago, the venture firm invests in technology and digital companies.
1 min read · 22 April 2019
San Francisco-based PAX Labs Inc., a consumer technology brand, has secured $420 million in financing. The investors included Tiger Global Management and Tao Capital Partners.
1 min read · 22 April 2019
OpenView has named Ashley Smith as a venture partner. Previously, Smith worked at GitHub where she was the vice president of marketing.
2 min read · 22 April 2019
San Diego-based Poseida Therapeutics, a biopharmaceutical company, has raised $142 million in Series C funding. Novartis Pharma AG led the round.
1 min read · 22 April 2019
San Diego-based CleanSpark, a microgrid and custom electrical equipment company, has secured $20 million in funding. The investors were not named.
1 min read · 22 April 2019
