Aglaia launches Aglaia Oncology Fund II with $65 mln

Aglaia has launched Aglaia Oncology Fund II with a total of $65 million, with a target of $80 million to $100 million. The fund is being backed by high net worth families as well as several institutional investors, including the European Investment Fund. Aglaia also was selected under the Dutch Venture Initiative, a fund launched by the Netherlands Ministry of Economic Affairs.


NEA leads $6 mln Series A funding in Placemeter

New Enterprise Associates has led a $6 million Series A funding round in Placemeter, a platform that translates video feed into structured data that can be analyzed in real time. Other investors in the funding included Qualcomm Ventures, Collaborative Fund and existing investors. Placemeter previously raised $1.7 million in seed funding from NEA, Triplepoint Capital and angel investors.

Acero Capital leads $10 mln Series B funding in Swrve

Acero Capital has led a $10 million Series B funding round in Swrve, a mobile marketing automation business. All existing investors, including Atlantic Bridge and Intel Capital, participated in the funding round bringing total capital raised to date to $22 million. Acero’s general partner Rami Elkhatib has joined Swrve’s board of directors.


Magma Venture, Cedar Fund invest $6 mln in Sentrix

Magma Venture Partners, Cedar Fund, Israel’s Chief Scientist program and company board members have provided $6 million in funding to Sentrix, formerly Foresight-Air, a website security company. Along with the funding, Sentrix has opened a Boston office as part of a U.S. expansion.


peHUB Second Opinion

In Second Opinion, Microsoft buys Mojang, maker of Minecraft, Alibaba is raising the terms of its IPO to $66 to $68 a share and what do venture capitalists actually do all day.


ARCH Ventures leads $20 mln Series A funding in Scholar Rock

ARCH Venture Partners has led a $20 million Series A funding in Scholar Rock, a biopharmaceutical company. Other participants in the funding include founding investors Polaris Partners and Timothy Springer, as well as new investors EcoR1 Capital and The Kraft Group.


Liquid Light closes $15 mln Series B funding round

Liquid Light, which develops and licenses process technology to make major chemicals from carbon dioxide, has raised a $15 million Series B funding round. New investors in the funding include Sustainable Conversion Ventures. Existing investors include VantagePoint Capital Partners, BP Ventures, Chrysalix Energy Venture Capital and Osage University Partners.


peHUB First Read

To end the week, First Read finds out why Tesla is building a giant battery factory when no one is buying, Venezuela could be headed for default and the U.S. threatened to fine Yahoo $250K a day if it didn’t comply with NSA data requests.


GGV Capital leads $13.5 mln Series A funding in FlightCar

GGV Capital has led a $13.5 million Series A funding in FlightCar, a peer-to-peer car sharing service operating at airports. Other participants in the funding include General Catalyst, SoftBank Capital and First Round Capital. Comcast Ventures and Facebook co-founder Eduardo Saverin also invested. FlightCar has raised a total of $20 million to date, making co-founders Rujul Zaparde, 19, and Kevin Petrovic, 20, among the youngest entrepreneurs to have raised such large amounts of venture capital.


Life Science Angels leads a $1.5 mln seed round in Zephyrus Biosciences

Life Science Angels has led a $1.5 million seed funding in biotech company Zephyrus Biosciences. Other investors in the seed round include Mission Bay Capital, The Angel Forum and the Stanford StartX Fund, as well as individual investors in the life science community. Zephyrus also raised $350,000 in a grant from the National Institute of Health and $10,000 from the U.C. Bakar Fellows Program.

Cultivation Capital leads $1.3 mln funding in Euclises Pharmaceuticals

Cultivation Capital has led a $1.3 million Series A funding in Euclises Pharmaceuticals, a biotech company developing cancer treatments. Other participants in the funding include BioGenerator, Missouri Technology Corporation, ABC Laboratories, the St. Louis County Port Authority’s Helix Fund and the St. Louis Arch Angels.


DFJ Frontier, Pasadena Angels lead $1.4 mln funding in Edufii

DFJ Frontier and Pasadena Angels have led a $1.4 million Series A funding in Edufii Inc., the social/mobile platform for skill development. Other participants in the funding round include the Gideon Hixon Fund, Tech Coast Angels, SLO Seed Ventures and coaching industry private investors including Tiger Woods’ first coach Rudy Duran. As part of the deal, Frank Foster, managing director of DFJ Frontier, has joined Edufii’s board.

PEHUB Community

Join the 12506 members of peHUB to make connections, share your opinion, and follow your favorite authors.

Join the Community

Look Who’s Tweeting

PE HUB News Briefs

RSS Feed Widget

VCJ Headlines (subscribers only)

RSS Feed Widget

Buyouts Headlines (subscribers only)

RSS Feed Widget

Reuters VC and PE feed

RSS Feed Widget