Private Equity
San Francisco-based life insurance startup Ethos has raised $11.5 million in funding. Sequoia Capital led the round with participation from other investors that included Stanford University, Arrive, a subsidiary of Roc Nation, Robert Downey Jr.'s Downey Ventures, Kevin Durant's Durant Company, Will Smith's Smith Family Circle and Silicon Valley Bank. In addition to the funding, Roelof Botha, a partner at Sequoia Capital, has joined the Ethos board of directors.
1 min read · 14 June 2018
2 min read · 14 June 2018
Palo Alto, California-based Mindstrong Health, a healthcare company focused on measuring brain health, secured $15 million in Series B financing. The investors in this round included Bezos Expeditions, Decheng Capital, Optum Ventures, ARCH Venture Partners and Foresite Capital.
1 min read · 14 June 2018
PatSnap, a provider of research and development analytics, has raised $38 million in Series D funding. Sequoia Capital and Shunwei Capital led the round with participation from Qualgro.
1 min read · 14 June 2018
Redwood City, California-based Chowbotics, a provider of robots for the food service sector, has secured $11 million in funding. Foundry Group and Techstars led the round.
3 min read · 14 June 2018
Boulder, Colorado-based Sphero, a robotic ball maker, has raised $12 million in funding, according to Nick Delyani, the firm's senior director of marketing. The anticipated target of the final round is $20 million. The investors were not named. The capital infusion will be used for working capital, added Delyani.
1 min read · 14 June 2018
Samsung Next, which builds software and services for Samsung, has launched a new fund. Samsung NEXT Q Fund will invest in AI-focused startups.
3 min read · 14 June 2018
True Ventures is seeking to raise $325 million for its sixth fund, according to an SEC filing. Silicon Valley-based True Ventures invests in early-stage tech startups.
1 min read · 14 June 2018
Pipedrive Inc, a sales pipeline software, has raised $50 million in Series C funding. Insight Venture Partners and Bessemer Venture Partners led the round with participation from return backers Rembrandt Venture Partners and Atomico.
1 min read · 14 June 2018
New York-based Reonomy, a provider of commercial real estate data and analytics, has secured $30 million in Series C funding. Sapphire Ventures led the round with participation from return backers Bain Capital Ventures and Softbank Capital.
1 min read · 14 June 2018
