Private Equity
Medical apparel brand Jaanuu has secured $15 million in financing. JMK Consumer Growth Partners led the round with participation from other investors that included the Nordstrom family and David Kessenich, managing partner and co-founder of Excellere Partners.
1 min read · 10 December 2018
Munich-based NavVis, a provider of indoor spatial intelligence solutions for businesses, has secured funding, raising a total tally of $35.5 million. Digital+ Partners led the round with participation from Kozo Keikaku Engineering Inc, MIG, Target Partners and BayBG.
3 min read · 10 December 2018
Good Money said Dec. 10 that it raised a $30 million Series A round led by Galaxy Digital. Other investors include Breyer Capital, Blocktower Capital, Boost VC, Ken Howery, BlockChange Ventures, Cross Culture Capital, Troy Carter, Mitch Kapor, Peter Diamandis, Blake Mycoskie, Justin Rosenstein, and others. Good Money, of Los Angeles, is an online lender that offer two percent FDIC savings accounts, free ATMs nationally, no-overdraft fees and low consumer loan rates. Also, every customer who opens an account with Good Money gets equity in the company.
4 min read · 10 December 2018
San Francisco-based Firefly, which provides a digital advertising platform for rideshare drivers, emerged from stealth and announced it has raised $21.5 million in seed-stage funding. Funding was led by NFX, with participation from Pelion Venture Partners, Decent Capital (which is funded bu Tencent founders), Jeffrey Housenbold (of Softbank's Vision Fund), Cross Culture Ventures, Muse Capital, StartX and others. The company was founded in 2017.
1 min read · 08 December 2018
PivotNorth Capital has set out to raise an "early" venture-capital fund, according to a filing with the SEC.
1 min read · 07 December 2018
Menlo Park, California-based Autotech Ventures, is seeking to raise $225 million for its second fund, according to a regulatory filing. The firm said last year it raised $120 million for its inaugural fund. The firm is headed up by Managing Directors Alexei Andreev, Quin Garcia and Daniel Hoffer. Autotech Ventures focuses on connected, autonomous, shared and electrified vehicles and related mobility services.
1 min read · 07 December 2018
Cambridge, Massachusetts-based Moderna Therapeutics, a developer of messenger RNA therapeutics and vaccines, has raised $604.3 million for its IPO after pricing its over 26.2 million shares at $23 per share. The stock began trading December 7, 2018 on the NASDAQ under the ticker symbol "MRNA." Morgan Stanley, Goldman Sachs and J.P. Morgan are the lead underwriters. Moderna's pre-IPO backers include Sequoia Capital China, Fidelity Management & Research Company, Pictet, Viking Global Investors, ArrowMark Partners and Alexandria Venture Investments.
3 min read · 07 December 2018
San Francisco-based Demeter Group, which invests in luxury wine and spirit brands, has raised over $14 million for its second fund, according to an SEC filing. No target was listed on the document.
1 min read · 07 December 2018
San Francisco-based Avochato, a business communications software firm, has raised $5 million in Series A funding. Amity Ventures led the round with participation from other backers that included XSeed Capital.
1 min read · 07 December 2018
Cambridge, Massachusetts-based Wise Systems, which develops autonomous dispatch and routing software for delivery fleets, announced it has raised $7 million in Series A funding. Gradient Ventures, Google’s AI-focused venture fund, led the round. Existing investors E14 Fund, Neoteny, Trucks Venture Capital and Fontinalis Partners also participated. The company, founded in 2014 by MIT and Harvard University graduates, has now raised $8.5 million in total funding.
1 min read · 07 December 2018