YFM Equity Partners has provided 3 million pounds in funding to Arcus Global Limited, a provider of cloud-based software solutions for local and national public sector companies. Marc Shaw of RPL Mergers provided financial advice to Arcus while Allison Keyse of Mischon de Reya provided legal advice.
Asheville, North Carolina-based Used Equipment Guide, a used heavy equipment and truck search engine, has raised a “multi-million dollar seed round” at a valuation exceeding $10 million. HOLT Ventures was the lead investor.
Cambridge, Massachusetts-based Hometap, a data-driven, home equity investment platform, has secured $12 million in Series A funding. The lead investor was G20 Ventures. Other investors that participated in the round were General Catalyst, American Family Ventures and Pillar.
Law firm Morrison & Foerster has named Jay Blaivas as a tax partner in its New York office. Previously, he worked at The Blackstone Group.
First.io, a tech startup that uses artificial intelligence to help real estate agents, has secured $5 million in Series A funding. MATH Venture Partners, Nine Four Ventures, Thad Wong and Mike Golden led the round.
Alexandria Real Estate Equities Inc, a real estate investment trust focused on collaborative life science and technology campuses in AAA innovation cluster locations, has named Daniel J. Ryan as co-investment officer. His appointment is effective immediately. Ryan joined Alexandria in 2010.
San Antonio, Texas-based Plus One Robotics, a 3D vision and controls developer for robotic automation in the logistics and e-commerce markets, has raised an undisclosed amount of funding. Schematic Ventures led the round with participation from Lerer Hippeau, ff Venture Capital, First Star and Dynamo.
Leerink Revelation Partners and Industry Ventures-led investors acquires Three Arch’s shares in AcelRx
Investors led by Leerink Revelation Partners and Industry Ventures have acquired all of the shares that were held by Three Arch in AcelRx Pharmaceuticals Inc, a specialty pharmaceutical company. No financial terms were disclosed for this secondary deal.
New Enterprise Associates Inc has promoted Carmen Chang and Dr. Ali Behbahani to general partner. Chang joined NEA in 2012 while Behbahani came on board in 2007.
New Enterprise Associates has named Jonathan Golden as a partner. Also, the venture firm has appointed Dr. Matthew McAviney, Dr. Tak Cheung and Dr. Santhosh Palani as principals on the healthcare team. Prior to joining NEA, Golden was director of product at Airbnb; McAviney was a principal at F-Prime Capital Partners; Cheung was a venture partner at Merieux Development Venture Fund; and Palani was a vice president in equity research at Cowen & Company.
Sonnen, a German operator of an energy sharing platform, has secured 60 million euros in funding. Shell Ventures led the round.
New York City and Cambridge, Massachusetts-based Kronos Bio Inc, a developer of “first-in-class therapies against historically intractable targets,” has raised $18 million in seed funding. The investors included Omega Funds, Vida Ventures LLC and BellCo Capital. In addition to the funding, Kronos Bio appointed Norbert Bischofberger as president and CEO. Previously, Bischofberger worked at Gilead Sciences where he most recently was executive vice president, research and development and chief scientific officer.
Lava Therapeutics, a Dutch biotech company, has raised 16 million euros in funding. Gilde Healthcare and Versant Ventures led the round with participation from MRL Ventures Fund, Lupus Ventures and Biox Biosciences.
JMP Securities has named Ezequiel Navar as a managing director in its investment banking division. Previously, Navar was a managing director and head of healthcare information technology and services at H2C Securities.
Alternative Investment Management LLC has named Jason Klein to its chief investment officer advisory council. Klein is the senior vice president and chief investment officer of Memorial Sloan Kettering.
Capitala Group, a provider of financing to lower and traditional middle-market companies, has opened an office in midtown Manhattan. The firm has also hired Kelly Stotler as director. Previously, Stotler was the managing director – head of loan originations for Czech Asset Management.
France and Sunnyvale, California-based eLichens, a provider of an air quality analysis and prediction platform, has secured 7 million euros in funding. The company’s investors include Demeter, Sofimac Innovatio, Business Angels Networks, Aereco, Fonds Ville de Demain managed by Bpifrance as part of the Future Investment Program and BNP Paribas Développement.
Aretex Capital Partners has agreed to acquire Dallas-based Alerian, a provider of energy infrastructure indices and market intelligence. No financial terms were disclosed. The transaction is expected to close in the second quarter of 2018. Barclays is serving as financial adviser to Aretex on the deal with Ropes & Gray LLP and Sheppard Mullin Richter & Hampton LLP providing legal counsel.