Private Equity

US

OrbiMed leads Series C round for Synthorx

La Jolla, California-based Synthorx Inc, a developer of novel protein therapeutics, has raised $63 million in Series C financing. OrbiMed led the round with participation from Medicxi, Osage University Partners, Avalon Ventures, RA Capital Management and Correlation Ventures. In addition to the funding, Dr. Peter Thompson and Vickie Capps will join the Synthorx board of directors.

1 min read · 30 April 2018

NovellusDx snags $6 mln

Jerusalem-based NovellusDx, a provider of functional genomics, has raised $6 million in funding. The investors were Helsinn Group, Bio Capital Impact Fund and Windham Venture Partners.

1 min read · 30 April 2018

Crescendo Biologics rakes in $70 mln Series B

UK-based Crescendo Biologics Ltd, a biopharmaceutical company, has closed $70 million in Series B financing. Andera Partners led the round with participation from other investors that included Quan Capital.

1 min read · 30 April 2018

LeaseLock raises $10 mln from Wildcat Venture Partners, Liberty Mutual Strategic Ventures, American Family Ventures, Moderne Ventures

LeaseLock said it raised $10 million of Series A capital in a round led by Wildcat Venture Partners and joined by Liberty Mutual Strategic Ventures, American Family Ventures and Moderne Ventures.

3 min read · 30 April 2018

The Hive raises $26.5 mln third fund from Verizon Ventures, Software AG, GE, Rockwell Automation, March Capital, others

The Hive said it raised a $26.5 million third fund from investors including Verizon Ventures, Software AG, General Electric, Rockwell Automation, March Capital Partners and unnamed individuals.

6 min read · 30 April 2018

Mobile power company EcoFlow takes in over $4 mln Series A

San Francisco and China-based EcoFlow, a mobile power company, has raised over $4 million in Series A funding. The investors included Delia Capital, SCUD Group and Guangzhou Penghui Energy.

3 min read · 27 April 2018

Trust Ventures targets $50 mln for inaugural fund

Trust Ventures is seeking to raise $50 million for its initial fund, according to an SEC filing. Based in Austin, Trust Ventures invests in startups that focus on challenging government regulations.

1 min read · 27 April 2018

VC-backed DigitalOcean adds ex-NYSE CFO Butte to board

DigitalOcean, a cloud platform for developers and their teams, has named Amy Butte to its board of directors. Her appointment is effective immediately. Her work background includes serving as chief financial officer at the New York Stock Exchange where she led its IPO in 2006. DigitalOcean's backers include Andreessen Horowitz, IA Ventures, Techstars and Access Industries.

2 min read · 27 April 2018

RStor lands $45 mln Series A

Saratoga, California-based RStor, a provider of multicloud platform for enterprise performance computing, has raised $45 million in Series A funding. Cisco Investments led the round.

1 min read · 27 April 2018

New girls' social network Maverick fetches $2.7 mln seed

Los Angeles-based Maverick, a new social network for girls, has secured $2.7 million in seed funding. Matt Robinson of Heroic Ventures led the round with participation from other investors that included Susan Lyne and Nisha Dua of BBG Ventures and LinkedIn CEO Jeff Weiner.

1 min read · 27 April 2018

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