REAL TIME VC & PRIVATE EQUITY DEALS AND NEWS
Serena & Lily, a Sausalito, California-based brand offering textiles, furniture and other home décor products, closed a $10m financing with Tokyo and New York listed ORIX Ventures. The company intends to use the funding to continue to expand the brand. Founded in 2003 by Serena Dugan and Lily Kanter, Serena & Lily is a lifestyle […]
Choose Energy, Inc., a Plano, TX-based online energy marketplace, raised $4m in Series A funding. Backers included Kleiner Perkins Caufield & Byers (KPCB) and Stephens Capital Partners. The company intends to use the capital to accelerate growth, expand technology development and marketing efforts, augment the scope of services for retail energy suppliers, and strengthen its market position. Founded […]
Docebo, the Italian provider of Cloud E-Learning solutions, is continuing to expand globally. The venture-backed company, led by founder and CEO Claudio Erba, has just announced new strategic partnerships worldwide to enhance and increase adoption of its integrated E-Learning offerings: the Docebo Cloud Learning Management System, along with the Online Courses and Apps Marketplaces. New partners […]
Babbel, a Berlin-based provider of an online learning system for foreign languages, closed a $10m Series B funding. Backers included Reed Elsevier Ventures, Nokia Growth Partners, IBB Beteiligungsgesellschaft, and Kizoo. The company, which had previously raised $2.2m in equity and debt financing, intends to use the capital to accelerate international expansion (European countries, the Americas […]
ZeaKal, a plant science company, completed a $3.8m Series A funding. The company intends to use the capital to develop its HME technology platform across major crops (soybeans and rice). The round was led by Finistere Ventures, Two Oceans and the Missouri Soybean Merchandising Council (MSMC), with participation from Dr. Jerry Caulder, ZeaKal, Executive Chairman. […]
Finally, the eternal city has the startup hub it deserves. Nothing to envy to the rest of the world. Enlabs, which incubates startups providing them with funding and support, spaces and access to high profile mentors, recently relocated to a mega facility in the city center with a 100+ conference room, co-working spaces, and dedicated […]
Stitch Labs, a San Francisco, CA-based inventory management company, raised $1.4m in debt financing from Square 1 Bank. The company intends to use the continue to expand operations. Founded in 2011 by Brandon Levey, CEO, Jake Gasaway, Business Development, and Michelle Laham, Creative Director, Stitch provides independent vendors with a suite to manage inventory, orders, […]
Eqalix, a Reston, VA-based regenerative medicine development company, received a $50k grant from the Nanotechnology Institute in Philadelphia Pennsylvania. The grant comes from its Match for Sponsored Research Program, which adds to the $125k Sponsored Research Agreement executed between Eqalix and Temple University. The company intends to use the proceeds to advance the development of […]
InteRNA Technologies B.V., a Nijmegen, The Netherlands-based biopharmaceutical company, closed an equity financing round of undisclosed amount. Backers included new investors the Innovation & Investment Fund Gelderland, managed by PPM Oost, as well as other angels. The company intends to use the capital to progress lead product candidate, miR-3157, for melanoma through preclinical studies towards […]
Rev.com, A San Francisco, CA-based marketplace platform for freelancers, raised $4.5m in Series A financing. The round was led by Globespan Capital, with participation from Craig Sherman (former COO of Ancestry.com) and Austin Ligon (co-founder of CarMax). Venky Ganesan, partner at Globespan Capital, joined the company’s board. Founded in 2010 and led by Jason Chicola, […]
Summly, a London, UK-based mobile news aggregator, has been acquired by by Yahoo! (Nasdaq: YHOO). The terms of the deal were not disclosed but reports said the sum could amount to approximately $30m. Launched in December 2011 by Nick D’Aloisio, Summly is a mobile product company which aimed to simplify the way people get information, […]
Oakfield Capital Partners, a private equity firm focusing on small and midsized British businesses, is to launch a new £20m fund. Oakfield’s UK Special Situations Fund will invest in 6-8 SME businesses. Formed in 2008 and led by partners Roy Merritt, Tim Woodcock, Michael Patton, and David Pitman, OCP expects to complete its Special Situations […]
According to multiple reports, Games2Win, a Mumbai, India-based online game company, raised $2m in funding. Backers included existing investor Clearstone Venture Partners, which had invested in the company in 2007 and 2011. The company is also backed by ICICI Venture and Nexus. Co-founded by Alok Kejriwal and Mahesh Khambadkone, Games2Win its an online gaming business […]
High Street Partners (HSP), a provider of business software and services designed to simplify international expansion, raised $8m in financing. The round was led by venture capital firm Baird Capital, with participation from Sigma Partners and Gold Hill Capital. The company intends to use the capital to accelerate the launch of newly developed applications within […]
Theraclone Sciences, a Seattle-based developer of novel therapeutic antibodies for the treatment of infectious disease and cancer, closed $14m in Series B and debt financing. Backers included existing investors ARCH Venture Partners, Canaan Partners, MPM Capital, Healthcare Ventures, Alexandria Real Estate Equities, Amgen Ventures, Versant Ventures and Zenyaku Kogyo, which committed $8m with $6m in […]