Private Equity
Westlake Village, California and Italy-based Sienna Biopharmaceuticals Inc, a clinical stage medical dermatology and aesthetics company, has debuted its IPO after pricing its over 4.3 million shares at $15 per share. The stock began trading Thursday July 27 on the NASDAQ under the ticker symbol “SNNA." J.P. Morgan and Cowen are serving as the lead underwriters. Sienna Biopharmaceutical's pre-IPO backers include ARCH Venture Partners, Venvest Capital, Partner Fund Management, Altitude Life Science Ventures and Fidelity Management & Research Company.
3 min read · 27 July 2017
Maryland-based IonQ, a developer of quantum computing for commercial applications, has closed $20 million in Series B round. New Enterprise Associates and GV led the round.
1 min read · 27 July 2017
Precision medicine company PreciThera Inc has raised $29 million in Series A financing. The round, which follows PreciThera’s seed funding in May, was backed by Sanderling Ventures, Arix Bioscience, Fonds de solidarité FTQ, CTI Life Sciences and Emerillon Capital. Montréal-based PreciThera is focused on designing biological therapeutics for the treatment of orphan bone diseases.
5 min read · 27 July 2017
Dayton, Washington-based Columbia Pulp LLC, which is building a pulp mill, has raised $36 million in funding. Columbia Ventures Corp led the round. The capital will be used to begin construction for its new manufacturing facility.
3 min read · 27 July 2017
Momenta, a Beijing-based self-driving car startup, has secured $46 million in Series B funding. Nio Capital led the round with participation from Daimler Group, Shunwei Capital, Sinovation Ventures and Unity Ventures.
2 min read · 27 July 2017
Seattle-based Cyrus Biotechnology Inc, biotechnology software firm, has raised $8 million in Series A financing. Trinity Ventures led the round with participation from other investors that included OrbiMed Advisors, SpringRock Ventures and W Fund.
1 min read · 27 July 2017
Co-working space startup WeWork has set up a Chinese unit, with the help of a $500 million investment from China's Hony Capital and Japan's SoftBank Group Corp, to tap into a booming demand for shared office space in the world's No.2 economy, Reuters reported.
2 min read · 27 July 2017
Callsign Inc, a startup that had developed technology to help users access websites more securely, has raised $35 million from investors including Accel, PTB Ventures and NightDragon Security, the firm of former McAfee chief executive David DeWalt, , Reuters reported.
2 min read · 27 July 2017
Omaha-based MultiMechanics, a developer of virtual testing software, has raised $1.9 million in financing. The investors were Solvay Ventures, Anzu Partners and Invest Nebraska.
1 min read · 27 July 2017
Nomura Holdings Inc said on Thursday it would tender to sell its shares in Jafco Co through a share buyback with the venture capital firm, as the brokerage looks to deploy its capital more efficiently, Reuters reported.
1 min read · 27 July 2017
