Private Equity
Lifebit, a genomics data startup, has raised $3 million in seed funding. Pentech and Connect Ventures led the round with participation from Beacon Capital and Tiny VC.
4 min read · 19 July 2018
Cambridge, Massachusetts-based Constellation Pharmaceuticals Inc, a developer of tumor-targeted and immuno-oncology therapies, has raised $60 million for its IPO after pricing its 4 million shares at $15 per share. The stock began trading July 19, 2018 on the NASDAQ under the ticker symbol "CNST." J.P. Morgan, Jefferies and BMO Capital Markets are the lead underwriters. The investors included Cormorant Asset Management, Deerfield Management, Fidelity Management and Research Company, Hillhouse Capital, NS Investment, OrbiMed, Sirona Capital, Venrock Healthcare Partners, The Column Group, Third Rock Ventures, Venrock, SROne, University of California Investment Office, Topspin Partners and Casdin Capital.
2 min read · 19 July 2018
San Carlos, California-based Allakos, a developer of antibodies that treat various eosinophil and mast cell related diseases, has raised about $128.4 million for its IPO after pricing its over 7.1 million shares at $18 per share. The stock began trading July 19, 2018 on the NASDAQ under the ticker symbol "ALLK." Goldman Sachs and Jefferies LLC are the lead underwriters. Allakos' pre-IPO backers include Novo Ventures, Alta Partners, RiverVest Venture Partners and the Roche Venture Fund.
1 min read · 19 July 2018
Menlo Park, California-based Quantapore Inc, a biotech firm, has closed $15.55 million in funding. Northern Light Venture Capital led the round with participation from Tsingyuan Ventures, Sangel Venture Capital, Baidu Ventures and Cloudstone VC. In addition to the funding, Feng Deng of NLVC has joined Quantapore’s board of directors.
1 min read · 19 July 2018
Culture Amp, an employee feedback platform, has raised $40 million in Series D funding, according to a blog post on its site. Blackbird Ventures led the round with participation from other investors that included Felicis Ventures, Index Ventures, Sapphire Ventures, Skip Capital and Grok Ventures.
1 min read · 19 July 2018
Boston-based expansion-stage venture firm OpenView announced it has promoted Arsham Memarzadeh to vice president and added Kate Murdock as associate.
1 min read · 19 July 2018
Oakland-based Even , provider of a financial app to to help hourly workers manage their pay, announced it has raised $40 million in new funding. The round was led by Khosla Ventures, with participation from Valar Ventures, Allen & Company, Harrison Metal, Ron Conway, Silicon Valley Bank, Bull City Venture Partners and others. The company has raised more than $50 million since it was founded in 2014.
1 min read · 19 July 2018
Revibe Technologies, a wearable tech firm, has raised an undisclosed amount of funding. MHS led the round with participation from other investors that included CoFounders Capital, Bootstrap Advisors, BioVenture Partners, Tamiami Angel Fund, Charlotte Angel Fund, RTP Capital and Blount Street Capital. As part of the transaction, MHS President Hazel Wheldon has joined the Revibe Technologies’ board of directors.
1 min read · 19 July 2018
Ridgefield Connecticut-based R4 Technologies, an artificial intelligence startup, has secured $20 million in Series B funding. Pilot Growth Equity led the round.
3 min read · 18 July 2018
Armored Things has raised $5.5 million in a seed-stage financing. The round was led by U.S. venture capital firm Glasswing Ventures and Canadian firm iNovia Capital and joined by new and existing investors. As a result, Todd Simpson, an iNovia partner, will join the board. Based in Boston, Armored Things uses Internet-of-Things devices and their data to provide safety to large venues, such as schools, stadiums and streets.
2 min read · 18 July 2018
