Private Equity
Creative Labs, a Vancouver media and entertainment venture studio, has started operations in partnership with Hollywood talent agency Creative Artists Agency, according to a report by Variety. The incubator is backed by funding of about $12.5 million, Variety said. The round’s investors include Boatrocker Ventures, Entertainment One, Real Ventures, Seedcamp Ventures and Telegraph Media Group. Creative Labs is led by CEO Mike Edwards, formerly the executive director of Vancouver startup accelerator GrowLab, and Chairman Leonard Brody. Creative Labs has already helped launch two companies, Belletrist, an online book club, and Ground Control, an interactive audio platform, according to the report.
1 min read · 27 October 2017
Overland Park, Kansas-based Farmobile, a farm data company, has raised $18 million in Series B funding. The investors included Anterra Capital and AmTrust Agricultural Insurance Services.
1 min read · 27 October 2017
New York City-based Templum, a regulatory compliant platform for initial coin offerings, has raised $2.7 million in seed funding. The lead backers were Raptor Group, Galaxy Investment Partners, Blockchain Capital and firstminute.capital.
1 min read · 27 October 2017
In the wake of the revelation that Steve Jurvetson, co-founder of Silicon Valley venture firm DFJ, has been under investigation by his own firm for sexual harassment, Heidi Roizen, an operating partner at DFJ, staunchly defended the workplace culture claiming it is not "predatory to women" and the very notion is "patently wrong." In a blog post, Roizen, a former Apple executive turned venture capitalist, underscored her point by saying she would not "work for DFJ if I felt the culture was not one of high integrity and opportunity for all — including women." To read the full post, click here.
1 min read · 27 October 2017
Paktor Group, a Southeast Asia dating app provider, has appointed Ng Jing Shen as CEO. Jing Shen will succeed Joseph Phua. Also, Paktor has promoted Shn Juay to chief operating officer. Both appointments become effective November 1, 2017. Prior to co-founding Paktor app, Jing Shen was a software engineer at Amazon.com in Seattle. Juay joined the Paktor Group in 2015 as head of marketing. Paktor is backed by K2Global and MNC Media Group.
4 min read · 27 October 2017
AngelMD has made an investment in Minnesota and Germany-based Artoss, a bone biologic startup. No financial terms were disclosed.
1 min read · 26 October 2017
Pizza chain &pizza has raised an undisclosed amount of funding. The investor was RSE Ventures.
5 min read · 26 October 2017
Xplorer Capital has raised over $10.6 million for its third fund, according to an SEC filing. The target is $75 million. The venture firm invests in internet and digital media businesses in emerging markets.
1 min read · 26 October 2017
Y-mAbs Therapeutics Inc, a New York City and Denmark-based developer of cancer treatments, has raised $50 million in funding. The investors included HBM Healthcare Investments.
1 min read · 26 October 2017
ING, a Dutch financial institution, has raised 300 million euros for ING Ventures, a fintech-focused fund. Benoit Legrand, ING's global fintech head, has been named CEO of ING Ventures.
3 min read · 26 October 2017