Zooz closes funding round led by Blumberg Capital

Zooz, a smart payment technology provider, has closed a $12 million funding round. The financing was led by Blumberg Capital, with participation by existing investors including XSeed Capital, lool ventures and Rhodium and new investors Access Industries and Camp One Ventures.

SIPX Raises $4M From Mohr Davidow, XSeed, Stanford, Others

SIPX, Inc. said it raised $4 million of Series B financing in a deal led by Mohr Davidow Ventures and joined by XSeed Capital, Stanford University, Ulu Ventures and angel investors. The round was over subscribed, and Mohr Davidow General Partner Jon Feiber has joined the board.

QA Software Developer Compass Quality Raises $2M

San Francisco-based Compass Quality Insight announced it has raised $2 million in funding from Bain Capital Ventures and XSeed Capital. The company, which develops quality assurance software, was founded in 2012. Board members include Ben Nye of Bain Capital Ventures and Robert Siegel of XSeed Capital.

Lex Machina Raises $2 Million Led by X/Seed Capital

Lex Machina, a Palo Alto-based company that analyzes patent litigation and licensing to help inform its clients IP legal and business strategies, has closed on $2 million in new funding, led by X/Seed Capital. Other participants in the round include Costanoa Venture Capital and numerous individuals, among them AngelList cofounder Naval Ravikant; Cloudera’s chief scientist, Jeff […]

GeneWeave Biosciences Inks $12M

GeneWeave Biosciences has raised $12 million in a series A round of venture capital led by Decheng Capital. Existing investors Claremont Creek Ventures and X/Seed Capital also participated in the round. As a result, Min Cui, managing director at Decheng Capital, will join the company’s board. PRESS RELEASE GeneWeave Biosciences, developer of a platform for […]

OPX Biotechnologies Closes on $36.5M Series C

OPX Biotechnologies Inc. has closed on $36.5 million in a first close of its Series C round, the company said Thursday. US Renewables Group led the round, which included investment from new investor DBL Investors and from existing investors Mohr Davidow Ventures, Braemar Energy Ventures, Altira Group and X/Seed Capital. Pacific Crest Securities provided financial advice to OPXBIO. As a result of the round, US Renewables Group managing director Jonathan Koch has joined the OPXBIO board. The company will use the money for development and commercialization of an industrial-scale process for producing its first renewable chemical, BioAcrylic.

DOE Funding Very-Early-Stage Clean Tech

The DOE’s newly formed ARPA-E — an Advanced Research Projects Agency for energy modeled after the Defense Department’s DARPA, which created the Internet — handed out $151 million in funding today to 37 companies and projects.

Some are venture-funded — companies backed by Khosla Ventures, Polaris, North Bridge, incTANK Ventures and the secretive X/Seed Capital are on the list. But most are still projects inside universities, federal labs or big companies. Some are in stealth mode, and some don’t even have Web sites.

VitaPath Raises $6 Million For Spina Bifida

Foster City-based startup VitaPath is working on a cheek-swab test for women that detects the genetic mutation that causes spina bifida, a birth defect that strikes around 1% of babies born in the U.S. and is epidemic in some third-world countries.

By the time it’s detected in the fetus, it can’t be cured, but women who take the test can prevent it by taking large doses of folic acid before they get pregnant, said CEO Bruce Cohen. Folic acid makes the defective gene function correctly.

VitaPath’s test is based on research done at UC Berkeley by Jasper Rine, a professor who studies the frequency and functions of mutations in genes that perform central metabolic functions. Some of these

PEHUB Community

Join the 12505 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