Private Equity
San Francisco-based Future Family, a provider of fertility care services, has raised $10 million in a Series A round of funding led by Aspect Ventures. Also participating in the round are iNovia Capital, BBG Ventures, LaunchCapital, Ulu Ventures and Portfolia's FemTech Fund. Future Family, which provides a monthly payment service for such fertility services as egg freezing, in vitro fertilization and concierge care, has now raised $14.2 million in total funding. As part of the latest round, Aspect Ventures Partner Lauren Kolodny will join the board.
1 min read · 18 October 2018
Pennsylvania-based PhaseBio Pharmaceuticals, a developer of treatments for orphan diseases, has raised $46 million for its IPO after pricing its 9.2 million shares at $5 per share. The stock began trading October 18, 2018 on the NASDAQ under the ticker symbol "PHAS." Citigroup, Cowen and Stifel are the lead underwriters. PhaseBio's pre-IPO backers included New Enterprise Associates, Hatteras Venture Partners, Johnson & Johnson and Fletcher Spaght Ventures.
2 min read · 18 October 2018
Momenta, a China-based autonomous driving company, has secured undisclosed funding that puts the company at a valuation north of $1 billion. The company's investors included NIO Capital and Pagoda Investment.
1 min read · 18 October 2018
Mrs Wordsmith, a provider of illustrated and animated word products, has raised $11 million in Series A funding. Trustbridge Partners led the round with participation from other investors that included Reach Capital and Kindred Venture Capital.
1 min read · 18 October 2018
Beijing-based Cobo, a developer of consumer blockchain products, has raised $13 million in Series A funding. DHVC and Wu Capital led the round.
1 min read · 18 October 2018
Vacasa, the vacation rental management company, has secured $64 million in funding. Riverwood Capital led the round with participation from return backers Level Equity, NewSpring and Assurant Growth Investing.
1 min read · 18 October 2018
Synoste Ltd, a Finnish medical device company, has raised over 5 million euros in funding. The investors were Lifeline Ventures and AO Invest.
1 min read · 18 October 2018
Firepoint Solutions, a CRM and lead generation system for residential real estate agents, has named Bud Rosenthal as CEO. His appointment becomes effective immediately. Previously, Rosenthal worked at AOL. Firepoint is backed by Sopris Capital.
3 min read · 18 October 2018
Cujo AI, a next-gen artificial intelligence company, has secured funding from KPN Ventures, the venture capital investment arm of KPN. No financial terms were disclosed.
1 min read · 18 October 2018
New York and Tel Aviv-based FundGuard, a cloud-based, AI-powered investment funds operating system, has raised $4 million in funding. Blumberg Capital and LionBird led the round.
1 min read · 18 October 2018