Private Equity

US

Metacrine nabs $65 mln Series C

San Diego-based Metacrine, a developer of therapies for patients with liver, gastrointestinal and metabolic diseases, has raised $65 million in Series C financing. Venrock Healthcare Partners led the round with participation from other investors that included Franklin Templeton Investments, Deerfield Management, Arrowmark Partners, Invus, Lilly Asia Ventures, Vivo Capital, Arch Venture Partners, venBio, Polaris Partners, New Enterprise Associates and Alexandria Venture Investments.

1 min read · 08 June 2018

Health tech company iBeat snags funding

San Francisco-based iBeat, a health tech company, has secured an investment of "seven figures" from SCOR Life & Health Ventures and Transamerica Ventures. The capital infusion will be used to advance product marketing and expansion for its Heart Watch, a heart monitoring device.

1 min read · 08 June 2018

Goldcrest Capital to raise $125 mln venture capital fund

Goldcrest Capital has set out to raise a $125 million venture-capital fund, according to a filing with the SEC.

1 min read · 07 June 2018

Kevin Hartz leaves role as Founders Fund partner

Kevin Hartz has stepped down from his role as a venture partner at Founders Fund, according to his LinkedIn account.

1 min read · 07 June 2018

Homebase fetches $20 mln Series B

San Francisco-based Homebase, a provider of scheduling and time-tracking tools for businesses, has raised $20 million in Series B funding. Bain Capital Ventures led the round with participation from other investors that included Baseline Ventures, Cowboy Ventures and Khosla Ventures.

1 min read · 07 June 2018

Madrona Venture Labs taps Elowitz as MD

Seattle-based startup studio Madrona Venture Labs has named Ben Elowitz as managing director. Elowitz is the co-founder of Blue Nile and Wetpaint.

4 min read · 07 June 2018

Real estate-focused fintech company Obligo pockets $5 mln

New York City-based Obligo Inc, a real estate-focused fintech company, has secured $5 million in financing. The lead investor in this round was 83 North.

1 min read · 07 June 2018

Andreessen Horowitz leads Series A round for FlyHomes

FlyHomes, a real estate brokerage and technology company, has raised $17 million in Series A funding. Andreessen Horowitz led the round.

1 min read · 07 June 2018

Data operations company Devo attracts $25 mln Series C

Burlington, Massachusetts and Madrid-based Devo, a data operations company, has raised $25 million in Series C funding. Insight Venture Partners led the round with participation from Kibo Ventures.

1 min read · 07 June 2018

Xtraction Services nabs $2.8 mln Series B

Clermont, Florida-based Xtraction Services, a maker of an extraction machine created specifically for cannabis, has raised $2.8 million in Series B funding. Archytas Ventures led the round with participation from other investors that included Quinsam Capital and Ollerhead Capital.

2 min read · 07 June 2018

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