Private Equity
Newton, Massachusetts-based Stealth BioTherapeutics, a biopharmaceutical company, has secured $100 million in funding via two convertible notes. Nan Fung Technology's Pivotal Beta led the round with participation from other investors that included Atlantis Investment Management, BVCF Management, CMBC Capital Holdings, Kingdon Capital, Ocean Equity Partners, Sagamore Investments and Morningside Venture.
1 min read · 19 June 2018
MetaProp has closed its second venture fund at $40 million. MetaProp Ventures II will invest between $150,000 and $2 million in up to 40 new PropTech software, internet of things hardware and tech-enabled services startups. The fund's limited partners include RXR, PGIM Real Estate, Cushman & Wakefield, CBRE, JLL Spark and Altus Group.
4 min read · 19 June 2018
Act One Ventures is seeking to raise $30 million for its second fund, according to an SEC filing. The Los Angeles-based venture firm invests in "business software at the seed stage, and in commercially viable scientific research ready to transition out of the lab."
1 min read · 19 June 2018
Munich-based Talentry, a recruitment marketing platform provider, has secured 6 million euros in Series A funding. Nauta Capital led the round.
3 min read · 19 June 2018
Mightier, a children's behavioral health company that was founded out of Boston Children's Hospital, has has raised $2.4 million in seed funding. Slow Ventures led the round with participation from other investors that included Bolt, Founder Collective and Project 11.
3 min read · 19 June 2018
San Francisco-based Brex, a provider of a corporate card for startups, has raised $57 million in Series B financing. The investors included Y Combinator Continuity, PayPal founders Peter Thiel and Max Levchin and Ribbit Capital.
1 min read · 19 June 2018
Lehi, Utah-based JJUMPP, a provider of a digital marketing platform for small businesses, has raised $3 million in funding. The investor was Arthur Ventures.
1 min read · 19 June 2018
New York City-based GoKid, a provider of carpool solutions for schools, teams and families, has secured $1.5 million in funding. The investor was VilCap Investments.
1 min read · 19 June 2018
Alpha Biopharma Inc, a biopharmaceutical company for the Chinese and global markets, has closed $37 million in its $65 million Series A funding round. Qiming Venture Partners led the round with participation from other investors that included TF Fund and the LYZZ Healthcare Venture Fund. In conjunction with the funding, Dr. William Hu, managing partner of Qiming Venture Partners, will join Alpha Biopharma's board of directors.
1 min read · 19 June 2018
Fabric, a provider of affordable life insurance for new parents, has raised $10 million in Series A funding. Bessemer Venture Partners led the round with participation from other backers that included RGAx and Silicon Valley Bank.
1 min read · 19 June 2018