Private Equity

US

Impossible Foods rallies $75 mln

Redwood City, California-based Impossible Foods, a maker of plant-based meat and dairy products, has secured $75 million in funding. Temasek led the round with participation from Open Philanthropy Project, Bill Gates, Khosla Ventures and Horizon Ventures.

1 min read · 01 August 2017

Juvo garners $40 mln Series B

Juvo, a provider of mobile identity scoring, has raised $40 million in Series B funding. New Enterprise Associates and Wing Venture Capital led the round with participation from other investors that included SignalFire. In conjunction with the funding, Peter Wagner, founding partner of Wing, will join Juvo’s board of directors.

1 min read · 01 August 2017

Cottonwood Venture Partners rakes in over $6 mln for inaugural fund

Cottonwood Venture Partners has raised over $6 million for its debut fund, according to an SEC filing. The Houston, Texas-based venture firm invests in the digital oilfield.

1 min read · 01 August 2017

KPCB is closing seed investing program: Bloomberg News

Kleiner Perkins Caufield & Byers is closing its seed investing program, according to Bloomberg News. The KPCB Edge program marked the Silicon Valley-based venture firm's return to early-stage investing, said the news outlet. In addition to the program's closure, all three partners who ran the fund, Anjney Midha, Roneil Rumburg and Ruby Lee, have left, noted a spokeswoman for KPCB. Although there are no plans to replace the trio, added the spokeswoman, as reported by Bloomberg, KPCB will continue to invest in "promising" early-stage tech startups. In separate news, Mike Abbott, a general partner at KPCB, has announced plans to leave the firm.

1 min read · 01 August 2017

Namogoo attracts $8 mln Series A

Boston-based Namogoo, a provider of technology that prevents outside ads from hijacking ecommerce sites, has secured $8 million in Series A funding. GreatPoint Ventures led the round with participation from Blumberg Capital and Inimiti Capital. In addition to the funding, Ashok Krishnamurthi, managing partner at GreatPoint Ventures, and David Blumberg, founder and managing partner at Blumberg Capital, will join Namogoo’s board of directors.

3 min read · 01 August 2017

Daimler invests in flying taxi firm Volocopter: Reuters

Germany's Volocopter said it has received 25 million euros ($30 million) in funding to develop an electric flying taxi, with car and truck maker Daimler among the firms providing fresh cash.

1 min read · 01 August 2017

Fruit Street Health nabs $3 mln

New York City-based Fruit Street Health, a digital health and telehealth startup, has raised $3 million in funding. The lead investor was Dr. Jeremy Tucker.

1 min read · 01 August 2017

Limelight Health pulls in $7 mln Series B

San Francisco and Redding, California-based Limelight Health, a provider of mobile insurance technology, has raised $7 million in Series B funding. MassMutual Ventures led the round with participation from AXA Strategic Ventures, Wanxiang Healthcare Investments, Portag3 Ventures LP and Plug and Play Ventures.

1 min read · 01 August 2017

North Bridge rebrands as Guidepost Growth Equity

North Bridge Growth Equity has rebranded as Guidepost Growth Equity. Based in Waltham, Massachusetts, Guidepoint invests in bootstrapped, "capital efficient" tech companies.

3 min read · 01 August 2017

NEA leads Series A round for UnifyID

San Francisco-based UnifyID, an implicit authentication platform, has raised $20 million in Series A financing. New Enterprise Associates led the round with participation from return backers Andreessen Horowitz, Stanford-StartX and Accomplice Ventures. In addition to the funding, NEA General Partners Scott Sandell and Forest Baskett will join UnifyID's board.

1 min read · 01 August 2017

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