REAL TIME VC & PRIVATE EQUITY DEALS AND NEWS
Supersolid, a London, UK-based mobile gaming company, raised an undisclosed amount of funding. Backers included Index Ventures and Initial Capital. The company plans to use the funds to expand its team, form new partnerships and expand distribution of its games worldwide. Co-founded by Michelle Chuang and Kenneth Fejer, creative director, Supersolid has just launched its second game, Adventure […]
Beyond the Rack, a Montreal, Canada-based e-commerce company, recently closed a $25m funding. The round was led by Investissement Quebec, Iris Capital and Tandem Expansion Fund, with participation from existing investors Highland Capital Partners, Panorama Capital, BDC Venture Capital IT Fund and iNovia Capital. In conjunction with the funding, Alex Moorhead from Tandem Expansion Fund […]
DraftKings, Inc., a Boston, MA-based provider of daily fantasy sports online and in mobile featuring daily contests and same-day settlement, closed a $24m Series B funding. The round was led by Redpoint Ventures, with participation from GGV Capital, Atlas Venture, and BDS Ventures. The company plans to use the capital to fund marketing and acquisition, […]
Bioxodes SA, a Marche-en-Famenne, Belgium-based developer of products derived from natural sources, completed a €2.6m (US$3.5m) in first seed funding round. Backers included a consortium of business angels and Belgian investment funds while €1.6m came from the European Regional Development Fund (ERDF) and the Walloon Region in Belgium via the Retech program for Research and […]
Innovative Trauma Care, an Edmonton, Canada-based bio-technology startup, raised $1.1m in its second round of financing. Members of the VA Angels, an angel investing group, provided the funds. The company intends to use the funds to expand sales and marketing efforts, as well as fully commercialize the product, reduce the cost of goods, and move […]
According to TechCrunch, Prompt.ly, a San Francisco, CA-based SaaS platform for independent service providers to manage, market and monetize their time, raised $1.5m in seed funding. Backers included Ethan Beard (Facebook) and Subtraction Capital (a fund founded by PayPal’s Jason Portnoy and Paul Willard). The company will use the funds to continue to develop the […]
Revolv Inc., a Boulder, CO-based provider of smart home solutions, raised $4m in funding. The round, which followed a $2.7m seed funding round in September 2012, was led by The Foundry Group with participation from American Family Insurance and existing investors. The company plans to use the funds to further develop the product and expand […]
From the Bench, an Alicante, Spain-based company that develops social video games based on sports for mobile platforms, raised €1m in vc funding. Backers included Caixa Capital Risc and Bonsai Venture Capital. The company intends to use the funds to continue to grow operations. The operation is aimed at positioning the company as a world […]
Optimitive, a Miñano (Álava), Spain-based provider of a real time energy saving service, raised €1.4m in funding. The round was led by Luxembourg-based venture capital fund GGM Venture Capital, which made the investment though its sub-fund GGM High Growth IT Fund, with participation from SURGE Accelerator, where Optimitive graduated in May 2013. The company intends […]
Tyber Medical, LLC, a Morristown, New Jersey-based medical device company focused on in titanium plasma spray coated interbody fusion devices, closed a private equity funding of undisclsoed amount. Backers remained undisclosed. The company intends to use the capital to acquire resources necessary to accelerate the market penetration of the TyPEEK interbody product portfolio and develop […]
Pulmocide Ltd, a London, UK-based company that develops a new generation of inhaled medicines for the treatment of serious viral and fungal infections of the respiratory tract, raised £17m in Series A funding. Backers included Imperial Innovations Group plc (AIM: IVO), which is investing £4.25m, SV Life Sciences, Fidelity Biosciences and Johnson & Johnson Development […]
ColdLight Solutions, LLC, a Wayne, PA-based advanced analytics, predictive technology and machine learning science company, received an investment from Kayne Partners*. The amount of the transaction was not disclosed. The company intends to use the funds to accelerate expansion of its domestic and international operations. Founded in 2007 by Ryan Caplan, CEO, and also led by […]
Quanergy Systems, Inc., a Sunnyvale, CA-based technology company developing smart sensing solutions for real-time 3D mapping and object detection, tracking, and classification, raised investment funds of undisclosed amount. Backers included Transportation Technology Ventures LLC, Wardenclyffe Partners LLC (a new seed fund formed by the founders of Tesla), Newbury Ventures, and Markis. The company intends to […]
Accruent, LLC, an Austin, Texas-based provider of real estate and facilities management software solutions, received a majority investment from global growth private equity firm TA Associates. The amount of the transaction was not disclosed. Existing investor Vista Equity Partners will retain a significant ownership position. In conjunction with the deal, Hythem El-Nazer, a Director, and […]
Veezeon Ltd, a London, UK-based startup specialized into image recognition, raised $66k in funding. Appcampus (Microsoft + Nokia + Aalto University) provided the funds. The company intends to use the funds to expand operations. To this end, it is currently hiring. Led by Marco De Sanctis, CEO, and Cristian Civera, CTO, Veezeon is the creator of […]