Private Equity
NRD Capital Management LLC has made an investment in New York City-based FundRx, a venture capital platform that invests in healthcare and life sciences startups. No financial terms were disclosed.
4 min read · 31 October 2017
Ribometrix Inc, a biotech company focused on developing small molecule modulators of RNA to treat disease, has raised $7.5 million in seed funding. SV Health Investors and Hatteras Venture Partners led the round with participation from AbbVie Ventures, the Dementia Discovery Fund, MP Healthcare Venture Management and Alexandria Venture Investments.
1 min read · 31 October 2017
Seattle-based Remitly, a digital remittance company, has agreed to raise up to $115 million in Series D funding. The lead investor will be Naspers’ fintech investment division PayU with expected participation from return backers Stripes Group, DFJ and DN Capital. In addition to the funding, Laurent le Moal, PayU CEO, will join Remitly’s board of directors.
1 min read · 31 October 2017
Wonder Workshop Inc, a maker of robots that teach children the basics of computer science and coding, has raised $41 million in Series C funding. The investors included Tencent Holdings, TAL Education Group, MindWorks Ventures, Madrona Venture Group, Softbank Korea, TCL Capital, Sinovation Ventures, WI Harper and CRV.
1 min read · 31 October 2017
Recorded Future, a provider of threat intelligence solutions, has raised $25 million in Series E funding. Insight Venture Partners led the round.
1 min read · 31 October 2017
Boston-based Drift, a conversation-driven marketing and sales platform, has named Julie Hogan as vice president of customer success and services. Previously, Hogan worked at HubSpot where she most recently was vice president of customer success management and international services. Drift's backers include General Catalyst, CRV, HubSpot and Sequoia Capital.
2 min read · 31 October 2017
San Jose, California-based VitalConnect Inc, a provider of wearable biosensor technology for wireless monitoring in hospital and remote patient populations, has raised $38 million in Series C funding. MVM and Baxter Ventures led the round.
2 min read · 31 October 2017
San Francisco-based CircleUp, which operates an investment marketplace focused on early-stage consumer brands, announced today it raised a $125 million fund, CircleUp Growth Partners, which closed at 25 percent above its $100 million target. The firm, led by Managing Directors Alison Ryu and Ben Lee, will use the funds to invest in consumer brands, via a machine-learning platform it developed, called Helio.
1 min read · 31 October 2017
Israel-based Innoviz Technologies, a provider of LiDAR sensing solutions for self-driving vehicles, has raised $73 million in funding. The investors were Samsung Catalyst and SoftBank Ventures Korea.
3 min read · 31 October 2017
BioGeneration Ventures said Oct. 31 that it closed its third fund with 82 million euros ($95.3 million) in funding, exceeding its 50 million euro ($58.1 million) target. New investors include Bristol-Myers Squibb, Johnson & Johnson Innovation – JJDC Inc, as well as Schroder Adveq, and the MAN Pension Trust. BGV III will focus on seed investments in European biotechnology companies.
3 min read · 31 October 2017
