Private Equity
Dementia Discovery Fund has raised $350 million, beating its $200 million target. DDF's investors include Bill Gates, AARP, Aegon, Quest Diagnostics and British Patient Capital. Based in Boston and London, DDF focuses on backing companies that develop dementia drugs.
5 min read · 25 June 2018
Cambridge, Massachusetts-based Akero Therapeutics Inc, a biotechnology company focused on treating non-alcoholic steatohepatitis and other serious metabolic diseases, has raised $65 million in Series A financing. Apple Tree Partners, Atlas Venture, venBio Partners and Versant Ventures led the round.
1 min read · 25 June 2018
Forerunner Ventures has named Brian O'Malley as its third investment partner, according to several tweets and O'Malley's LinkedIn page.
1 min read · 22 June 2018
Twitter has agreed to acquire San Francisco-based Smyte, an online security startup, according to an announcement on the former company's blog. Smyte's backers include Avalon Ventures, Baseline Ventures, Founder Collective, Harrison Metal, Upside Partnership and Y Combinator.
1 min read · 22 June 2018
Danone Manifesto Ventures (DANO.PA), an investment fund set up by the French food giant to target start-up companies challenging the dominance of big brands, expects to have invested in 20-25 such firms by 2020, Reuters reported.
2 min read · 22 June 2018
London-based Labstep, a platform for researchers that captures real-time scientific data and connects lab groups enabling information sharing and reproducibility, has secured 1 million pounds in funding. The investors were not named.
4 min read · 22 June 2018
Shenzhen Capital Group has agreed to invest more than $3 million in Chasing Innovation. Based in China, Chasing Innovation is an underwater drone company.
1 min read · 21 June 2018
Chevron Technology Ventures said it established a Future Energy Fund with an initial commitment of $100 million.
4 min read · 21 June 2018
Matrix Partners China has raised $750 million for a fifth venture-capital fund, according to a filing with the SEC.
1 min read · 21 June 2018
Cape Analytics, a provider of property data for insurers and reinsurers, has secured $17 million in financing. XL Innovate led the round with participation from other investors that included The Hartford, Nephila, CSAA Insurance Group, The Cincinnati Insurance Company and State Auto Labs Fund. In conjunction with the funding, Martha Notaras, a partner at XL Innovate Partner, will join Cape Analytics' board of directors.
1 min read · 21 June 2018
