Startups

Perceptive Advisors Sets Up $210 Million Perceptive Xontogeny Venture Fund

By Amit Chowdhry ● Dec 11, 2019

Investment management firm Perceptive Advisors announced it closed its inaugural venture capital fund with $210 million in capital commitments.

Quellis Biosciences Raises $17 Million To Treat Rare Diseases

By Noah Long ● Dec 11, 2019

Biopharmaceutical company Quellis Biosciences announced it raised $17 million to treat serious rare diseases.

Inscripta Raises $125 Million To Commercialize Onyx Digital Genome Engineering Platform

By Annie Baker ● Dec 11, 2019

Inscripta announced that it has raised $125 million in Series D funding to commercialize the company’s Onyx Digital Genome Engineering platform.

CyberGRX: $40 Million In Funding And 5x Recurring Revenue Increase

By Dan Anderson ● Dec 11, 2019

Global cyber risk exchange provider CyberGRX announced that it has raised $40 million in Series D funding led by ICONIQ Capital.

Why Payoneer Is Buying Optile

By Dan Anderson ● Dec 11, 2019

Digital payment platform Payoneer recently announced it acquired Munich-based company optile. These are the details about the deal.

Seed Stage Investment Firm Pear Sets Up $160 Million For Third Fund

By Amit Chowdhry ● Dec 11, 2019

Palo Alto-based seed-stage investment firm Pear has closed $160 million in capital commitments for its third fund.

Voice Customer Service Observe.AI Closes $26 Million In Funding

By Amit Chowdhry ● Dec 11, 2019

AI-powered voice customer service company Observe.AI announced that it raised $26 million in Series A funding led by Scale Venture Partners.

Abilitech Medical Raises $7.4 Million To Help Restore Upper Arm Mobility

By Amit Chowdhry ● Dec 11, 2019

Abilitech, a company founded by former Medtronic senior product manager Angie Conley, announced it raised $7.4 million to help restore upper arm mobility.

Home Energy Platform Company Arcadia Raises $30 Million In Funding

By Dan Anderson ● Dec 11, 2019

Arcadia -- a startup with software that connects hundreds of thousands of U.S. households to cleaner and cheaper energy options -- raised $30 million.

Data Analytics Company Sevan Multi-Site Solutions Raises $17.5 Million

By Annie Baker ● Dec 11, 2019

Downers Grove, Illinois-based Sevan Multi-Site Solutions announced it has raised $17.5 million in Series A funding led by ABS Capital Partners.

ProducePay Raises $190 Million In Debt Financing

By Noah Long ● Dec 11, 2019

Los Angeles-based startup ProducePay announced that it raised a $190 million debt facility from CoVenture and TCM Capital.

Mobility Management Company Passport Raises $65 Million In Funding

By Dan Anderson ● Dec 11, 2019

Charlotte-based mobility management company Passport announced it raised $65 million in Series D funding.

Imply: $30 Million In Funding And $350 Million Valuation

By Amit Chowdhry ● Dec 11, 2019

Real-time analytics company Imply announced that it raised $30 million in funding led by Andreessen Horowitz’s Late Stage Venture Fund.

Apple Sues Former Chip Designer Employee

By Amit Chowdhry ● Dec 10, 2019

Apple has filed a lawsuit against Gerard Williams III, a former employee who oversaw the development of Apple's A-series chipsets.

Cross-Channel Growth Marketing Platform Company Iterable Raises $60 Million In Funding

By Dan Anderson ● Dec 10, 2019

Cross-channel growth marketing platform Iterable announced it has raised $60 million in Series D funding.

Why VSCO Is Acquiring 360 Camera Company Rylo

By Amit Chowdhry ● Dec 10, 2019

VSCO announced that it is buying Rylo, a company that is known for building a compact camera with powerful video stabilization technology.

Furnished Home Company Zeus Raises $55 Million In Funding

By Noah Long ● Dec 10, 2019

Zeus Living, a company that offers furnished homes for modern professionals, announced that it raised $55 million in Series B funding.

Centana Growth Partners Raises $375 Million For Second Fund

By Amit Chowdhry ● Dec 10, 2019

Centana Growth Partners announced that it has raised $375 million for its second fund called Fund II. Fund II was oversubscribed and closed at its hard cap.

Away CEO Steph Korey Resigns And Apologizes For Improper Behavior

By Amit Chowdhry ● Dec 10, 2019

Away co-founder and CEO Steph Korey is stepping down from the luggage company following a report about a toxic work culture.

Crusoe Energy Systems Raises $70 Million In Capital

By Dan Anderson ● Dec 10, 2019

Technology-driven flare mitigation provider Crusoe Energy Systems announced that it raised $30 million in equity funding and $40 million in project financing.

Report: SoftBank Sells Stake Back To Wag!

By Amit Chowdhry ● Dec 10, 2019

Softbank is reportedly selling its stake in Wag! back to the company, according to The Wall Street Journal's sources.

Tim Draper Invests In Blockchain Venture Studio Goren Holm

By Amit Chowdhry ● Dec 9, 2019

Blockchain accelerator and incubator Goren Holm Ventures has received an investment from new board member Tim Draper and rebranded to Draper Goren Holm.

Workona Raises $6 Million In Funding And Launches Cloud Desktop Platform

By Dan Anderson ● Dec 9, 2019

Workona announced that it has launched a cloud desktop platform and raised a $6 million round of funding led by K9 and August Capital.

Clinical Trial Software Suvoda Closes $40 Million In Funding

By Dan Anderson ● Dec 9, 2019

Clinical trial software company Suvoda announced that it raised $40 million in minority equity investment from LLR Partners.

Voice-Powered Education Company Bamboo Learning Raises $1.4 Million

By Annie Baker ● Dec 9, 2019

Bamboo Learning, a leader in voice-powered education, announced that it raised $1.4 million in a seed round of funding.

Data Behavior Analytics Company Cyberhaven Raises $13 Million

By Amit Chowdhry ● Dec 9, 2019

Cyberhaven announced that it raised $13 million in Series A funding co-led by Vertex Ventures and Costanoa Ventures.

Why Frontdoor Is Buying Streem

By Noah Long ● Dec 9, 2019

Home service plan company Frontdoor announced recently that it is buying Streem for a combination of cash and equity. These are the details about the deal.

Kaiser Permanente Ventures Sets Up $141 Million Fund To Invest In Healthcare Companies

By Amit Chowdhry ● Dec 9, 2019

Kaiser Permanente Ventures announced that it closed the firm's fifth investment fund at $141 million.

Wedding E-Commerce Company Brideside Raises $7 Million

By Annie Baker ● Dec 9, 2019

Wedding e-commerce company Brideside announced that it raised $7 million in funding. This round of funding was led by Beringea.

Online Board Management Platform Boardable Raises $3 Million

By Dan Anderson ● Dec 9, 2019

Boardable, an online board management platform company, announced it raised $3 million in a seed round of funding.