Private Equity
Minneapolis-based Vergent Bioscience, a cancer-focused biotechnology company, has raised $8.7 million in Series A financing. Spring Mountain Capital led the round.
1 min read · 12 June 2018
Sunnyvale, California-based YugaByte, a creator of a transactional database for globally distributed applications, has secured $16 million in funding. Dell Technologies Capital and Lightspeed Venture Partners led the round.
1 min read · 12 June 2018
India-based Aye Finance, a provider of financial services to micro and small businesses, has secured $21.5 million in Series C funding. The investors were CapitalG, SAIF Partners and LFT. Unitus Capital advised Aye Finance on the transaction while JSA and Induslaw acted as legal advisers.
4 min read · 12 June 2018
Austin, Texas-based BuildGroup, which "invests in leadership teams with staying power," has raised $330 million in funding. The investors were not named.
3 min read · 12 June 2018
French AI robotics startup Exotec Solutions has secured 15 million euros in Series B funding. Iris Capital led the round with participation from 360 Capital Partners and Breega.
5 min read · 12 June 2018
St. Louis-based Jane.ai officially launched today and announced it has raised $8.4 million in Series A funding from a Midwest network of private and angel investors. The company, founded by former Answers.com CEO David Karandish, aims to develop an AI-based platform to increase workplace productivity. The company was founded in early 2017.
1 min read · 12 June 2018
Los Angeles-based PolyCera Membranes, a developer of next-generation membrane technology for industrial wastewater treatment and process separation, has raised $9 million in Series A funding. Kairos Ventures led the round.
1 min read · 11 June 2018
Eventador.io, an Austin, Texas-based stream-processing-as-a-service provider, has secured $3.8 million in seed funding. LiveOak Venture Partners led the round with participation from Deep Space Ventures, RSH Ventures, Capital Factory and Keshif Ventures. In addition to the funding, Venu Shamapant, a partner at LiveOak, will join Eventador's board.
1 min read · 11 June 2018
SOSV has set out to raise a $250 million venture-capital fund, according to a filing with the SEC.
1 min read · 11 June 2018
Workday Inc has agreed to acquire Palo Alto, California-based Adaptive Insights, a provider of on-demand business performance management software, for about $1.55 billion. Allen & Company LLC is serving as financial adviser to Workday while Morgan Stanley is doing likewise for Adaptive Insights. Adaptive Insights' backers include Bessemer Venture Partners, Founders Circle Capital and Norwest Venture Partners, according to Crunchbase.
4 min read · 11 June 2018
