Private Equity
Karuna Therapeutics has raised an additional $12 million for its Series B round, bringing the total to $80 million. The new investor is Sofinnova Investments. Karuna focuses on targeting muscarinic cholinergic receptors for the treatment of neuropsychiatric disorders.
1 min read · 01 April 2019
New York City-based banking startup Novo has raised $4.8 million in seed funding. The investors included Crosslink Capital, Red Sea Ventures, RRE and Hack VC.
1 min read · 29 March 2019
Betaworks Ventures is seeking to raise $75 million for its second fund, according to an SEC filing. Based in New York City and San Francisco, Betaworks is a product-focused, seed-stage venture firm.
1 min read · 29 March 2019
Xealth, a digital prescribing platform, has raised $11 million in Series A financing. The investors were McKesson Ventures, Novartis, Philips, ResMed,Threshold Ventures, Providence Ventures, UPMC, Froedtert and the Medical College of Wisconsin Health Network.
1 min read · 29 March 2019
Inivata, a provider of liquid biopsy, has raised $52.6 million in Series B funding. The investors were Woodford Patient Capital Trust, IP Group, Cambridge Innovation Capital, Johnson & Johnson Innovation – JJDC and RT Ventures.
1 min read · 29 March 2019
1stdibs.com, which owns and operates a marketplace for luxury furnishings, jewelry, fine arts and vintage fashion, has secured $76 million in Series D funding. T. Rowe Price Associates Inc led the round.
1 min read · 29 March 2019
Ellevest, a digital investment platform built by women for women, has secured $33 million in funding. Rethink Impact and PSP Growth led the round with participation from other investors that included Melinda Gates, Valerie Jarrett, Eric Schmidt, Aspect Ventures, Khosla Ventures, Morningstar, Astia Angels, Creditease Fintech Investment Fund and Ulu Ventures.
1 min read · 29 March 2019
Hypur Ventures, which focuses on the legal cannabis industry, has launched a $500 million fund. Hypur Ventures II plans to invest in private companies with seasoned operators, with investments ranging between $1 million to $25 million.
2 min read · 28 March 2019
San Francisco and New York City-based Entangled Group, an education venture studio, has raised $15 million in Series B funding. The investors included Hereditas Capital Management, TDM Partners and Rethink Education.
1 min read · 28 March 2019
Forepont Capital Partners has named Dr. Ismail Kola as a senior partner in its venture capital team. Also, Kola will lead Forepont's Incubation Fund. Previously, he worked at UCB where he was chief scientific officer.
2 min read · 28 March 2019
