Private Equity
5 min read · 25 October 2017
Steve Jurvetson, a longtime Silicon Valley investor and co-founder of DFJ, is under investigation by the firm for sexual harassment. The investigation, conducted by a law firm, began during the summer after media outlets began inquiring about allegations regarding Jurvetson's conduct with women. The ongoing investigation was first reported by The Information. The publication's post about the investigation into Jurvetson came a day after entrepreneur Keri Kukral told women in a public Facebook post to be careful when approached by founding partners of DFJ. "Predatory behavior is rampant," she wrote.
1 min read · 25 October 2017
LO3 Energy said it received an investment from Braemar Energy Ventures and Centrica Innovations. No financial details were disclosed.
1 min read · 24 October 2017
Arlington, Virginia-based Stardog Union, a provider of enterprise knowledge graph technology, has raised $6 million in Series A funding. Grotech Ventures led the round with participation from return backers Core Capital and Boulder Ventures.
1 min read · 24 October 2017
The Foundry Group said in a blog post it has invested in K9 Ventures' $42 million third pre-seed fund. No financial details were available.
1 min read · 24 October 2017
ChowNow said it raised $20 million of Series B capital in a round led by Catalyst Investors. Existing investors, including Steadfast Venture Capital, participated in the round.
1 min read · 24 October 2017
San Francisco-based HashiCorp, a cloud infrastructure automation company, has secured $40 million in Series C funding. GGV Capital and Redpoint led the round with participation from Mayfield and True Ventures.
1 min read · 24 October 2017
Medical technology group Smith & Nephew, which some investors believe should streamline operations to make itself a more attractive takeover target, said on Monday it was buying a U.S. sports injury business for up to $210 million.
2 min read · 24 October 2017
Cambridge, Massachusetts-based Spero Therapeutics, a biopharmaceutical company focused on developing treatments for bacterial infections, has priced its IPO of five million shares at a price between $14 and $16 per share. Spero is planning on trading the stock on the NASDAQ under the ticker symbol "SPRO." BofA Merrill Lynch, Cowen and Company LLC and Stifel are the lead underwriters. Spero's backers include GV, RA Capital Management, Rock Springs Capital, Atlas Venture, MRL Ventures Fund, Lundbeckfonden Ventures, The Kraft Group and Osage University Partners.
2 min read · 24 October 2017
Germany-based Blickfeld, a LiDAR system developer, has secured $4.25 million in seed financing, according to an announcement. The lead investors were Fluxunit - OSRAM Ventures, High-Tech Gründerfonds, Tengelmann Ventures and Unternehmertum Venture Capital Partners.
1 min read · 24 October 2017
