Private Equity
Matterport, an immersive media technology company, has raised an undisclosed amount of funding. The investor was State Auto Labs Fund, which is managed by Rev1 Ventures.
1 min read · 02 May 2018
Ontario-based Raven Telemetry, a artificial intelligence company for manufacturing, has raised $6.1 million in funding. The investors included Fresh Founders, former TripAdvisor Vice President Luc Levesque, HBS Angel Investors of New York and Jacket River. Raven launched in 2013.
1 min read · 02 May 2018
California-based Soothe, an app that helps people schedule same-day massages, has raised $31 million in funding, according to a blog post. The Riverside Company led the round.
1 min read · 02 May 2018
Cisco is planning on acquiring Los Altos, California-based Accompany, a relationship intelligence platform. The price of the acquisition will be $270 million in cash and stock. Accompany's backers include Ignition Venture Partners, Cowboy Ventures and CRV.
2 min read · 02 May 2018
BenchSci, a Toronto-based artificial intelligence-powered search engine for biological products, has raised about $8 million in Series A financing. The round was led by Canadian venture capital firm iNovia Capital. It was joined by Google’s AI fund, Gradient Ventures, Golden Venture Partners, Afore Capital, Real Ventures and Radical Ventures. BenchSci’s platform helps biomedical researchers find reliable antibodies faster and less expensively than current methods. Founded in 2015 and led by CEO Liran Belenzon, the company will use the funds raised to expand its team, implement new sales and marketing programs, and scale its technology.
4 min read · 02 May 2018
Washé, an on-demand car wash app, has raised $3.5 million in seed funding. The investors included Ron Zuckerman.
1 min read · 02 May 2018
London-based Zinc, a company builder, has secured more than 3 million pounds in seed funding. Zinc's investors included Atomico and LocalGlobe.
5 min read · 02 May 2018
New York-based Quovo, a data platform for financial accounts, has secured funding, bringing its total tally to $20 million. The investor was Portag3 Ventures, a Canadian-based venture capital firm. The capital infusion will be used to help Quovo expand into the Canada market.
1 min read · 02 May 2018
Menlo Park, California-based Refuge Biotechnologies Inc, a developer of intelligent cell therapies to combat cancer, has secured $25 million in Series B funding. The lead investors were 3SBio and Sequoia China. Also, participating in the round were Danhua Capital, Sangel Capital, Ocean Pine Healthcare Fund, 3E Bioventures, WuXi Healthcare Ventures and ShangBay Capital. In addition to the funding, Dr. Zhenping Zhu of 3SBio and Dr. Trency Gu of Sequoia China, have joined the Refuge board of directors.
1 min read · 02 May 2018
London and New York City-based Poq, an app commerce company, has raised 9.5 million pounds in Series B funding. Smedvig Capital led the round with participation from Beringea and Revolt Ventures.
1 min read · 02 May 2018
