Private Equity
London-based Chargifi, provider of a wireless power charging platform, announced it has raised $7 million in funding. The investment was led by Accelerated Digital Ventures, with other investors including Hewlett Packard Enterprise (HPE) and firstminute capital. The funding will be used to support its expansion to U.S. and Asian markets at a time when the demand for wireless power is on the rise. In addition, Chargifi has partnered with HPE to roll out its wireless power to the company's customers as part of its connectivity solutions. Chargifi, which also has a New York office and was founded in 2013, previously raised $3.4 million in funding.
1 min read · 10 April 2018
GSVlabs, a platform that accelerates startups and connects corporations to exponential technologies and ideas, has raised $7 million in Series B funding. The investors included partners from HMC Capital. In addition to the funding, GSVlabs has named Nikhil Sinha as CEO and GSV partner.
1 min read · 09 April 2018
Chicago-based Edovo, a social impact startup focused on prison and jail education and communication, has raised over $9 million in funding. The investors included Impact Engine, Lumina Foundation, SustainVC, Kapor Capital and Ekistic Ventures.
1 min read · 09 April 2018
Yorktown Partners appeared to have raise a $49 million venture capital fund, according to a filing with the SEC.
1 min read · 09 April 2018
Cambridge, Massachusetts-based Magenta Therapeutics, a biotechnology company focused on developing new medicines "to bring the curative power of bone marrow transplant to more patients," has closed $52 million in Series C financing. Casdin Capital led the round with participation from other investors that included EcoR1 Capital, Eventide Asset Management, Watermill Asset Management, Be the Match BioTherapies and Access Industries.
1 min read · 09 April 2018
Cambridge, Massachusetts-based Constellation Pharmaceuticals Inc, a developer of tumor-targeted and immuno-oncology therapies, has raised $100 million in financing. The investors included Cormorant Asset Management, Deerfield Management, Fidelity Management and Research Company, Hillhouse Capital, NS Investment, OrbiMed, Sirona Capital, Venrock Healthcare Partners, The Column Group, Third Rock Ventures, Venrock, SROne, University of California Investment Office, Topspin Partners and Casdin Capital.
1 min read · 09 April 2018
London food startup City Pantry has secured 4 million pounds in funding. Octopus Investments led the round with participation from other backers that included Newable Private Investing.
4 min read · 09 April 2018
Palo Alto, California-based Armis, an enterprise internet of things security company, has raised $30 million in Series B funding. Red Dot Capital Partners led the round with participation from Bain Capital Ventures, Sequoia Capital and Tenaya Capital.
1 min read · 09 April 2018
New York City-based Ocrolus, which automates data verification and analysis for bank statements and other financial documents, has raised $4 million in Series A funding. Bullpen Capital led the round with participation from QED Investors, Laconia Capital Group, ValueStream Ventures and RiverPark Ventures.
1 min read · 09 April 2018
Cambridge, Massachusetts-based Cydan, an orphan drug accelerator, has named Dr. Imran A. Babar as chief business officer. Previously, Babar worked at OrbiMed Advisors. Cydan's backers include New Enterprise Associates, Pfizer Venture Investments, Lundbeckfonden Ventures, Longitude Capital and Alexandria Venture Investments.
3 min read · 09 April 2018