REAL TIME VC & PRIVATE EQUITY DEALS AND NEWS
ImmusanT Inc., a Cambridge, Mass.-based developer of an immunotherapy for Celiac Disease, raised $12m in Series B financing. Vatera Healthcare Partners LLC made the investment. Led by Leslie Williams, president and CEO, ImmusanT develops Nexvax2, a disease-modifying immunotherapy designed to enable patients with celiac disease to have a diet containing gluten by tolerizing, or reprogramming, […]
WeSustain, a Buxtehude, Germany-based provider of Enterprise Sustainability Management software, raised €4m in Series B funding. Backers included existing investors High-Tech GrĂĽnderfonds (HTGF), Mittelständische Beteiligungsgesellschaft Niedersachsen (MBG) and KfW and new investor VNT Management. The company intends to use the funds to strengthening market development and sales organization. Led by Dr. Manfred Heil, CEO, WeSustain provides cloud-based Enterprise […]
Predilytics, a Burlington, MA-based healthcare information technology company, secured an additional $10m Series C funding. The round was led by Qualcomm Incorporated, through Qualcomm Ventures, with participation from existing investors Flybridge Capital Partners, Foundation Medical, and Highland Capital. The company intends to use the funds to continue to grow and develop its technology. Founded in […]
Qurami, a Rome, Italy-based provider of the mobile app that “queues up for you”, added €90k in funding to the €500k round recently announced (read here). UniCredit Start Lab, the initiative of Unicredit Group dedicated to startups, joined LVenture (LVEN.MI), members of Italian Angels for Growth and other business angels in the operation. The company […]
Digital Magics (symbol: DM), a Milan-based certified incubator for innovative startups, received a medium-term loan of €1m from Banca Sella Group, assisted by the Guarantee Fund for SMEs. The transaction aims to strengthen Digital Magics’ incubation and acceleration services aimed at fintech startups of its own portfolio, which currently are 6 out of 40. The […]
Clean Linen Services, a UK-based commercial laundry operator, received an investment of undisclosed amount from MML Capital Partners. In conjunction with the deal, which was supported by lender Lloyds Bank, Luke Jones and Bal Johal of MML joined Clean’s board. The investment will facilitate the next phase of Clean’s growth plans. Founded in 1886 and […]
Magnum Semiconductor Inc., a Milpitas, California-based provider of video compression and processing solutions for the video broadcast networking market, secured a $36m structured debt financing. Capital IP Investment Partners provided the financing. The proceeds will be used to retire existing debt, continue to invest in the technology roadmap and for working capital purposes. Led by […]
Quikkly, a London, UK-based platform that creates personalized action tags, raised $1m in seed funding. The round was led by Initial Capital with participation from a number of angel investors. The company intends to use the funds to continue to grow globally. Launched in November 2014 by Fergal Walker, CEO, Quikkly offers action tags which […]
Rent the Runway, a NYC-based provider of rentals of designer clothes, raised $60m in Series D funding. The round was led by Technology Crossover Ventures with participation from Bain Capital Ventures, Highland Capital Partners and CondĂ© Nast parent company Advance Publications. In conjunction with the funding, Daniel O’Keefe, a general partner at TCV, joined Rent […]
Bustle, a New York City-based news site made for and by women, raised $15.5m in funding. The round was led by General Catalyst Partners with participation from Time Warner Investments, Rothenberg Ventures, 500 Startups, and The Social+Capital Fund. The company intends to use the funds to accelerate growth, expand and invest in its editorial team, […]
Flexus Biosciences, a San Carlos, CA-based cancer Immunotherapy company focused on agents for the reversal of Tumor Immunosuppression (ARTIS), raised $38m in Series B funding. Backers included Kleiner Perkins Caufield & Byers, The Column Group and Celgene. In conjunction with the funding, David Goeddel, Ph.D., Managing Partner at TCG, joined the company’s Board of Directors. The company […]
Pinnatta, a Sunnyvale, California-based developer of an interactive multimedia app, raised an additional $1.2m in funding. Backers included Odyssey Venture Partners, PJ Tech Catalyst, Lebara, Andrew Wright and Hirokazu Mashita. The company, which has raised $3.7m to date, intends to use the funds to bring Pinnatta to more regions and more devices like the iPad […]
wiMAN, a Mattinata (FG), Italy-based startup that operates a wifi social platform, raised €700k in seed funding. Backers included Tim Ventures, Programma 101 (P101), and Club Italia Investimenti 2. The company intends to use the funds to consolidate its presence in Italy and expand abroad, mainly in the USA and Brazil, as well as to […]
Rinovum Women’s Health, a Monroeville, PA-based women’s health company, secured $3m in Series C financing. The round was led by a Pennsylvania-based investment fund with participation from the PLSG Accelerator Fund and BlueTree Allied Angels. Led by Steve Bollinger, CEO, Rinovum received FDA clearance for over-the-counter use of its product in July 2014 and, to date, has […]
Zudy , a Miami Beach, Fla-based enterprise platform software company, raised $7.5m in funding. Miami Stuff, LLC, made the investment. The company intends to use the funds for key hires, R&D and the build out of its partner program. Led by Thomas R. Kennedy, Jr. , Tom Kennedy, co-founder and CTO, and Zudy is building a no-code development environment […]