Private Equity
Santa Fe, New Mexico-based Descartes Labs, a provider of satellite imagery based on machine learning applications, announced it has raised $30 million in a Series B round of funding led by March Capital. Existing investors Crosslink Capital and Cultivian Sandbox also participated in the round. Other investors included Descartes Labs customer Cargill. The company, spun out of Los Alamos National Laboratory in 2015, previously raised $8 million in early-stage funding.
1 min read · 24 August 2017
China-based Vipkid, an online English education company, has raised $200 million in Series D financing. Sequoia Capital led the round with participation from Tencent, Yunfeng Capital, Matrix Partners China and Zhen Fund.
1 min read · 24 August 2017
San Francisco-based Blend, a provider of technology for mortgage lenders, has raised $100 million in Series D funding. Greylock Partners led the round with participation from Emergence Capital, 8VC, Lightspeed Venture Partners and Nyca Partners.
1 min read · 24 August 2017
Dublin, Ireland-based Cubic Telecom, an internet of things connectivity platform company, has raised $47 million in Series C funding. The investors included Qualcomm Incorporated, Audi Electronics Venture GmbH, Valid Soluciones Tecnologicas SAU and Ireland Strategic Investment Fund.
1 min read · 24 August 2017
AbleTo Inc, a provider of behavioral health solutions that improve patient outcomes and lower healthcare costs, has secured $36.6 million in financing. Bain Capital Ventures led the round with participation from other investors that included Aetna, .406 Ventures, Sandbox Industries, HLM Venture Partners and Horizon Healthcare Services Inc.
1 min read · 23 August 2017
San Francisco-based Tickr, a data applications platform for digital business, has raised $3 million in funding. The investor was Angels 3.0.
1 min read · 23 August 2017
Berlin-based G2 Esports, an esports organization, has raised an undisclosed amount of funding. The investors included Everblue Management and Macro Ventures.
1 min read · 23 August 2017
Scopus Ventures has set out to raise a $25 million maiden venture fund, according to a filing with the SEC.
1 min read · 23 August 2017
Magma Ventures has raised $24 million for its first growth equity fund, Magma Growth Equity I, according to a regulatory filing. The Tel Aviv-based firm invests in Israeli information, communication and technology companies, and was co-founded by Yahal Zilka and Modi Rosen, according to its website. The fund, which lists nine investors, does not include a target.
1 min read · 23 August 2017
British Virgin Islands-based Viceroy Capital Healthcare Ltd has raised $2.5 million for its second fund, according to an SEC filing. No target was listed on the document.
1 min read · 23 August 2017