Private Equity
Aligned Partners is seeking to raise $50 million for its third fund, according to an SEC filing. The Menlo Park, California-based venture firm invests in early-stage companies.
1 min read · 09 July 2018
Xiaomi Corp made a weak debut in Hong Kong on Monday, with the Chinese smartphone maker’s shares sliding as much as 6 percent on valuation concerns, in an ominous sign for its technology sector peers lining up listings in the city, Reuters reported.
3 min read · 09 July 2018
Index Ventures has closed its fourth growth fund at $1 billion, according to a blog post. Also, the firm raised $650 million for its ninth venture fund that will focus on early-stage businesses.
1 min read · 09 July 2018
GeoSpark, a Dutch provider of location tracking technology for app makers, has secured 500,000 euros in seed funding. The investor was Airbridge Equity Partners.
1 min read · 09 July 2018
Palo Alto, California-based Cell-Ed, a mobile learning solution for low-skilled workers, has raised $1.5 million in seed funding. Lumina Impact Ventures led the round with participation from Strada Education Innovation Fund, Partners Group Impact and Twilio.org Impact Fund.
1 min read · 09 July 2018
Berkeley, California-based Oasis Labs, a provider of cloud computing platform for the blockchain, announced it has raised $45 million in funding via a private token sale. Backers include a16zcrypto, (the new crypto-focused fund of Andreessen Horowitz), Accel, Binance Labs, Bitmain, DCVC, Electric Capital, Foundation Capital, Gairang, Metastable, Pantera, Polychain and others. The company says it is designing a platform to overcome performance, security and privacy limitations that have hampered blockchain adoption to date.
1 min read · 09 July 2018
Abingworth announced it has wrapped up Abingworth Bioventures VII with $315 million in commitments. The fund is Abingworth’s 12th to invest multi-stage life sciences companies in the United States and Europe. The firm, which has offices in London, Menlo Park and Boston, said it raised the fund from endowments, foundations, fund-of-funds, family offices, healthcare corporations, insurance companies and pension plans in the U.S., Europe and Asia.
1 min read · 09 July 2018
Booksy, an app that lets users schedule appointments for health and beauty services, has raised $13.2 million in funding. Piton Capital led the round with participation from other investors that included OpenOcean.
4 min read · 06 July 2018
Dynacure, a French developer of new treatments for patients affected by serious orphan disorders, has closed $55 million in funding. Andera Partners led the round with participation from Pontifax, Bpifrance, Kurma Partners and IdInvest Partners.
1 min read · 06 July 2018
New York and Los Angeles-based Archytas Ventures, an investment holding company focused on the cannabis industry, has named Brooke Hayes as a partner and chief operating officer. Previously, Hayes worked at Milestone Partners where he was a partner and COO.
2 min read · 06 July 2018