REAL TIME VC & PRIVATE EQUITY DEALS AND NEWS
ObsEva, a Geneva, Switzerland-based biopharmaceutical company dedicated to the development of innovative drugs for women’s reproductive medicine, closed a CHF32m (approximately €25.6m) Series A financing round. The round was led by Sofinnova Partners, and co-led by Sofinnova Ventures and Novo A/S. MS Ventures, the corporate venture capital fund of Merck Serono has taken a minority […]
Girl Meets Dress, a London, UK-based e-commerce luxury rental site, raised its first financing from Global Founders Capital. The amount of the round was not disclosed. The company intends to use the funds to accelerate its growth by: – expanding its marketing efforts and editorial elements, – enhancing the customer experience, – hiring new people […]
Pure Storage, a Mountain View, CA-based all-flash enterprise storage array company, closed a $150m Series E funding and pre initial public offering (IPO) round. The investment was led by T. Rowe Price, Tiger Global Management and other public market investors, with participation from previous investors Greylock Partners, Index Ventures, Redpoint Ventures, Samsung Ventures and Sutter […]
Zendrive, a San Francisco, CA-based company aims to make “roads smarter, commutes shorter, and your ride safer, greener and more fun and affordable“, raised $1.5m in seed funding. Backers included First Round Capital, Max Levchin, Jerry Yang, Tim Ferriss and other tech founders and investors. Led by Jonathan Matus, President and CEO, and Pankaj Risbood, VP data, Zendrive is developing an innovative […]
Ekotrope, a Cambridge, MA-based provider of software for the building industry, raised $1.7m in funding. Investors include the Massachusetts Clean Energy Center (MassCEC) and others. Led by Ziv Rozenblum, CEO and founder, Ekotrope provides software that leverages machine intelligence-based algorithms created by MIT Aeronautics and Astronautics Professor Edward Crawley to analyze entire buildings during the […]
Get Real Health, a Rockville, Maryland, USA-based global patient engagement software company, received an investment from TELUS Ventures. The amount of the deal was not disclosed. The company intends to use the funds to accelerate the development of new features and functionality of InstantPHR, build its customer support capability, expand its marketing and sales efforts, […]
Paymetric, Inc., a San Francisco, CA- and London, UK-based provider of SaaS-based enterprise security and integrated payment acceptance solutions, received a majority investment from Francisco Partners. The investment – of undisclosed amount, subject to customary closing conditions and expected to close within 30 days – will help Paymetric drive product innovation, continue to launch new […]
Club Italia Investimenti announced seven new investments. Backed startups include: – Domee.com, a platform to create a personal web site. The company is based in Rome. – ezDriver, a Milan-based developer of an app for smartphones that allows users to book a chaffeured car. – Zuffle, an online gaming platform. – Scloby, a Turin-based platform to manage […]
Silver Curve, a London, UK-based provider of digital signage software, raised £200k in equity crowdfunding. 233 backers took a 20% stake in the company via Seedrs. Established by Bryan Crotaz, in 2010, Silver Curve provides consultancy services and integration expertise for large and small projects in the digital media industry. They developed a solution to reduce […]
Ubimo, a Tel Aviv, Israel-based developer of mobile audience targeting solutions, raised $2m in seed funding. The round was led by Pitango Venture Capital, with participation from serial entrepreneur and angel investor Eyal Gura. In conjunction with the funding, Rami Beracha, Managing General Partner at PItango joinsed Ubimo’s Board. The company intends to use the […]
InflowControl AS, a Porsgrunn, Norway-based developer of inflow control technology to increase recovery and production from oil and gas reservoirs, received an equity investment from Saudi Aramco Energy Ventures, the corporate venturing subsidiary of Saudi Aramco. The amount of the deal was not disclosed. The company intends to use the proceeds to bring its technology […]
Argos Therapeutics Inc., a Durham, North Carolina-based biopharmaceutical company focused on the development and commercialization of immunotherapies, secured $42.5m in Series E financing. The round was led by Pharmstandard International S.A. (Luxembourg), with participation from Green Cross Corporation of Seoul, Korea (006280:Korean Stock Exchange), and existing investors Forbion Capital, TVM Capital, Lumira Capital, Intersouth Partners, Caisse de […]
Vastrm Fashion, a Burlingame, CA-based ecommerce company focused on made-to-order polo shirts, raised $1m in seed funding. According to Dan Primack (Fortune), backers included Y Combinator, Columbus Nova Technology Partners, Quest Venture Partners, SV Angels, Will Smith, Ignition Partners, Andreessen Horowitz Seed Fund, General Catalyst Partners and Start Fund. Founded by Jonathan Tang and accelerated […]
Custom Cells Itzehoe GmbH, a Itzehoe, Germany-based developer of energy storage systems, received a funding from High-Tech Gründerfonds. The amount of the funding was not disclosed. The company intends to use the funds to continue to grow the business. Led by co-CEOs Torge Thönnessen and Leopold König, Custom Cells Itzehoe manufactures electrode foils, rechargeable accumulators […]
Vital Art and Science, a Richardson, TX-based developer of a home vision monitor, completed a $550k Series A financing round. The round, which was led by the North Texas Angel Network (NTAN), valued the company at $10m (post financing). Vital Art and Science intends to use the funds to continue development and increase adoption of […]