Private Equity
RankScience has raised $1.8 million in seed funding. Initialized Capital led the round with participation from other investors that include BoxGroup, Liquid2 Ventures, FundersClub, Y Combinator and 500 Startups. San Francisco-based RankScience is a a continuous-optimization platform that improves website SEO through automatic A/B testing and data science.
2 min read · 08 October 2018
Commonfund Capital has closed its twelfth venture fund at $432 million. The limited partners of Commonfund Capital Venture Partners XII include endowments, foundations and pensions.
1 min read · 08 October 2018
UK-based Goodlord, a property technology company, has raised 7 million pounds in Series B funding. Finch Capital led the round with participation from Rocket Internet and Global Founders Capital.
3 min read · 08 October 2018
Germany-based Sphingotec, a diagnostics company, has secured 20 million euros in financing. HBM and Wellington Partners led the round.
1 min read · 08 October 2018
UK-based Atlas Genetics, a near patient and point-of-care testing company, has rebranded as Binx Health. Also, Binx Health has appointed Dr. Howard Heller as chief medical officer. Binx Health's backers include Johnson & Johnson Innovation, Novartis Venture Fund, LSP Venture Capital, BB Biotech, RMI Investments and Technology Ventures Partners.
5 min read · 08 October 2018
Mosaic Ventures has raised $150 million for its second fund. The London-based early-stage venture firm is focused on Series A investments.
5 min read · 08 October 2018
Helsinki-based Varjo Technologies, a creator of hardware and software for VR/AR/XR computing devices, has raised $31 million in Series B funding. Atomico led the round.
4 min read · 08 October 2018
The Overseas Private Investment Corporation, a federal agency that helps American businesses invest in emerging markets, has launched a venture capital program that will invest in later-stage venture funds supporting developing economies. So far, the initiative has made an undisclosed investment in Iron Pillar, which provides growth capital to technology businesses in India.
3 min read · 05 October 2018
Lafayette, Colorado-based Front Range Biosciences, a cannabis biotech company, has raised $10 million in Series A financing. The investors included Phyto Partners, WelCan Capital, Salveo Capital, Cornerstone Opportunity Partners, Sand Hill Angels, Harvard Business School Alumni Angels of New York, New York Angels and Altitude Investment Management.
1 min read · 05 October 2018
Kraft Heinz has launched Evolv Ventures, a Chicago-based venture fund focused on food tech companies. Kraft Heinz has committed up to $100 million to Evolv and has named Bill Pescatello, a former partner at Lightbank, to lead the fund.
2 min read · 05 October 2018
