Private Equity
Oakland, California and India-based Globetouch, a provider of global connectivity services for the connected car and the internet of things, has named Pat Phelan and John Hartnett as advisers. Phelan is the former founder of CubicTelecom and current senior vice president of identity services at TransUnion LLC while Harnett is a founder of SVG Partners and Thrive AgTech. Globetouch's backers include Hermes Growth Partners, Impact Venture Capital, Spark Telecom Ventures and Verizon Ventures.
3 min read · 14 November 2017
Sunnyvale, California-based EBR Systems Inc, a wireless cardiac pacing system provider for heart failure, has raised $50 million in funding. M.H. Carnegie & Co. and Brandon Capital Partners led the round with participation from other backers that included Split Rock Partners, Ascension Ventures and Emergent Medical Partners.
1 min read · 14 November 2017
Base10 Partners has raised $83.8 million toward a $125 million target for its first fund, according to a regulatory filing. The fund, Base10 Partners I, was previously known as Urizen Early Stage Ventures II, and has secured commitments from 12 investors, according to the filing. The San Francisco firm is led by Adeyemi Ajao and TJ Nahigian. Base10 focuses on investing in companies working with automation and intelligent software, according to its website.
1 min read · 14 November 2017
Sequoia Capital has set out to raise a third scout fund, according to a filing with the SEC.
1 min read · 14 November 2017
New York City-based CleanCapital, an online marketplace for clean energy investing, has raised $3.7 million in Series A funding. The investors included SeedInvest.
1 min read · 14 November 2017
One Way Ventures has raised over $16 million for its debut fund, according to an SEC filing. The target is $50 million. The Boston-based venture firm is focused on backing tech companies founded by immigrants.
1 min read · 14 November 2017
London-based SAM Labs, an edtech startup, has closed $6.75 million in Series A funding. Touchstone Innovations and E15 Ventures led the round.
4 min read · 14 November 2017
Lessonly, a provider of team training software, has raised $8 million in Series B funding. OpenView led the round with participation from Rethink Education, High Alpha Capital and Allos Ventures.
1 min read · 14 November 2017
Locus Biosciences Inc, a developer of a next-generation CRISPR-Cas platform for precision antimicrobials, has closed $19 million in Series A funding. ARTIS Ventures led the round with participation from other investors that included Tencent Holdings Limited, Abstract Ventures and the North Carolina Biotechnology Center.
1 min read · 14 November 2017
BIP Capital has hired Sarath Degala as a vice president and portfolio company lead. Currently, Degala serves on the boards of directors at PriorAuthNow, CipherHealth and REACH Health.
2 min read · 14 November 2017