Private Equity
San Jose, California-based Paradromics Inc., a developer of bidirectional data streaming capabilities between brains and computers, has closed $7 million in seed funding. Arkitekt Ventures and Synergy Ventures led the round with participation from It-Farm, Dolby Ventures, Alpha Edison, Loup Ventures and Fusion Fund.
1 min read · 13 June 2018
New York-based Mapfit, a map platform provider, has raised $5.5 million in seed funding. The investors included Cavalry Ventures.
1 min read · 13 June 2018
New York City-based NYIAX, an advertising contract marketplace, has raised $5.65 million in seed funding. WestPark Capital led the round.
1 min read · 13 June 2018
Macy's has acquired a minority stake in B8ta, a technology-powered retailer. No financial terms were disclosed. B8ta's backers include TriplePoint Capital, Khosla Ventures, Fifth Wall Ventures, Macerich and Eniac Ventures.
4 min read · 13 June 2018
Managed by Q has acquired New York City-based NVS, a provider of office space planning and project management. No financial terms were disclosed. Managed by Q's backers include GV, RRE Ventures and Kapor Capital, according to Crunchbase.
3 min read · 13 June 2018
San Francisco-based Opendoor, an online real estate marketplace, has secured $325 million in Series E funding. General Atlantic, Access Technology Ventures and Lennar Corporation led the round with participation from Andreessen Horowitz, Coatue Management, 10100 Fund, Invitation Homes, Norwest Venture Partners, Lakestar, GGV Capital, New Enterprise Associates and Khosla Ventures.
1 min read · 13 June 2018
Durham, North Carolina-based StrideBio Inc, a developer of novel AAV vectors for in vivo gene therapies, has raised $15.7 million in Series A funding. Hatteras Venture Partners led the round with participation from other investors that included Takeda Ventures Inc, UCB Ventures and Alexandria Venture Investments LLC. In addition to the funding, Dr. Jayson Punwani, a partner at Takeda Ventures Inc. and Dr. Erica Whittaker, vice president and head of UCB Ventures, have joined StrideBio's board of directors.
1 min read · 13 June 2018
Horizon Technology Finance Corp has provided a $4 million venture loan to Mountain View, California-based Audacy, a space communications service provider. The capital will be used for general working capital purposes. Audacy's backers include Envision Ventures and Eight Road Ventures, the venture investment arm of Fidelity Investments.
2 min read · 13 June 2018
University of Michigan's Social Venture Fund has made an investment in San Francisco-based Six Foods, an insect-based foots company. No financial terms were disclosed. The capital infusion will be used to hire a director of sales and expand Six Foods' advocacy training program.
5 min read · 13 June 2018
Cambridge, Massachusetts-based Imara Inc, a clinical-stage biopharmaceutical company, has named Dr. Rahul D. Ballal as CEO. Previously, Ballal was at Northern Biologics and Versant Ventures where he was chief business officer and an entrepreneur-in-residence, respectively. Imara is backed by New Enterprise Associates, Pfizer Venture Investments, Lundbeckfond Ventures, Bay City Capital and Alexandria Venture Investments.
4 min read · 13 June 2018
