Private Equity
The Canadian Venture Capital and Private Equity Association has appointed Kim Furlong as its new CEO. Furlong joins CVCA from Toronto-based biotechnology company Amgen Canada, where for more than a decade she served as director of federal government affairs. Before then, she was vice president, federal government relations, at the Retail Council of Canada. Furlong replaces Mike Woollatt, who served as CVCA CEO between 2014 and 2018. Founded in 1974, Toronto-based CVCA is the professional association for Canada’s venture capital and private equity industry.
3 min read · 07 January 2019
Pleasanton, California-based 10x Genomics, a genomics platform, has raised $35 million in funding. Meritech Capital led the round with participation from Fidelity and Wells Fargo.
1 min read · 07 January 2019
Cambridge, Massachusetts-based Apic Bio Inc, a gene therapy company developing novel treatment options for patients with rare genetic diseases, has closed $40 million in Series A financing. Morningside Venture Investments Ltd led the round with participation from The Alpha-1 Project, A1ATD Investors LLC and ALS Investment Fund.
1 min read · 07 January 2019
Ascension Ventures has made a minority investment in Greenwich, Connecticut-based Cedar Gate Technologies a value-based care performance management and operating company. No financial terms were disclosed. In 2014, Cedar Gate was formed by GTCR and David Snow.
1 min read · 07 January 2019
Northern Ireland-based Uform, a kitchen door and component supplier, has secured multimillion pounds in funding. The investors were BGF and Danske Bank.
3 min read · 07 January 2019
Babyscripts Inc, a virtual care platform for managing obstetrics, has raised $6 million in funding. The investors included Philips, StartUp Health and NueCura Partners.
1 min read · 07 January 2019
Israel and Massachusetts-based EarlySense, a provider of continuous monitoring solutions for the healthcare continuum, has raised $39 million in financing round. The lead investors were Hill-Rom and Wells Fargo Strategic Capital. Other investors that participated in the round included BlueRed Capital, Israel Innovation Fund, Argos Capital, Hotung Capital, Pitango Venture Capital and JK&B Venture Capital.
1 min read · 07 January 2019
Boston-based Tidelift, an open source startup, has raised $25 million in Series B funding. General Catalyst, Foundry Group and former Red Hat Chairman and CEO Matthew Szulik co-led the round.
1 min read · 07 January 2019
UK-based Exscientia, an AI-driven drug discovery company, has secured $26 million in Series B financing. The investors were Celgene Corporation, GT Healthcare Capital Partners and Evotec AG.
1 min read · 07 January 2019
New York-based Apple Tree Partners, a life sciences venture firm, has made a number of promotions. Dr. Sam Hall and Aaron Kantoff are now partners; Dr. Christine Borowski has become a principal; and Dr. Jernej Godec and Dr. Chris Cain have become senior associates.
3 min read · 07 January 2019
