UK spaceflight company Orbex procures $39.6 mln

By Iris Dorbian — 3 days ago

UK-based spaceflight company Orbex has raised $39.6 million in funding. The investors included UK Space Agency, Sunstone Technology Ventures, High-Tech Gründerfonds, Elecnor Deimos Space, the European Space Agency and the European Commission Horizon 2020 programme.

Continue

Even snags $40 mln

By Iris Dorbian — 3 days ago

Oakland, California-based Even, a financial platform for working people, has raised $40 million in funding. Keith Rabois of Khosla Ventures led the round with participation from other investors that included Valar Ventures, Allen & Company, Harrison Metal, Ron Conway, Silicon Valley Bank and BCVP.

Continue

Galvanize garners $32 mln Series C

By Iris Dorbian — 3 days ago

Galvanize, a technology workforce educator, has secured $32 million in Series C funding. Catalyst Investors led the round with participation from New Markets Venture Partners, ABS Capital Partners, University Ventures and the Colorado Impact Fund. In addition to the funding, Tyler Newton from Catalyst Investors will join the Galvanize board of directors. In addition to the funding, Galvanize is acquiring San Francisco-based Hack Reactor, an operator of immersive coding programs. No financial terms were disclosed.

Continue

LoanSnap grabs $8 mln Series

By Iris Dorbian — 3 days ago

San Francisco-based mortgage startup LoanSnap has raised $8 million in Series A financing. True Ventures led the round with participation from other investors that included Baseline Ventures, Virgin Group, Core Innovation Partners, Liquid 2 Ventures, OVO Fund and Transmedia Ventures.

Continue

HerdDogg lands $2.3 mln seed

By Iris Dorbian — 3 days ago

Ashland, Oregon-based HerdDogg, a provider of precision livestock and remote animal health, has secured $2.3 million in seed financing. Serra Ventures led the round. As part of the transaction, Rob Schultz from Serra Ventures and Tom Trone, a former John Deere executive, have joined HerdDogg’s board of directors.

Continue

Points scores $8 mln

By Iris Dorbian — 3 days ago

Singapore-based Points, a blockchain data collaboration protocol for better credit scoring and inclusive finance, has raised $8 million in funding. The investors included DHVC, Cherubic Ventures, Ce Yuan, Ontology Foundation, Nest.Bio Ventures and Zhong Cheng Xin Credit Technology.

Continue

Laurel Venture Capital acquires Alpine’s GSNOR assets

By Iris Dorbian — 3 days ago

Laurel Venture Capital has acquired Alpine Immune Sciences‘ S-Nitrosoglutathione Reductase assets. No financial terms were disclosed. Seattle-based Alpine is focused on discovering and developing protein-based immunotherapies to treat cancer, autoimmune/inflammatory illnesses and other diseases.

Continue

VC-backed Constellation Pharmaceuticals rolls out IPO

By Iris Dorbian — 4 days ago

Cambridge, Massachusetts-based Constellation Pharmaceuticals Inc, a developer of tumor-targeted and immuno-oncology therapies, has raised $60 million for its IPO after pricing its 4 million shares at $15 per share. The stock began trading July 19, 2018 on the NASDAQ under the ticker symbol “CNST.” J.P. Morgan, Jefferies and BMO Capital Markets are the lead underwriters. The investors included Cormorant Asset Management, Deerfield Management, Fidelity Management and Research Company, Hillhouse Capital, NS Investment, OrbiMed, Sirona Capital, Venrock Healthcare Partners, The Column Group, Third Rock Ventures, Venrock, SROne, University of California Investment Office, Topspin Partners and Casdin Capital.

Continue

VC-backed Allakos goes public

By Iris Dorbian — 4 days ago

San Carlos, California-based Allakos, a developer of antibodies that treat various eosinophil and mast cell related diseases, has raised about $128.4 million for its IPO after pricing its over 7.1 million shares at $18 per share. The stock began trading July 19, 2018 on the NASDAQ under the ticker symbol “ALLK.” Goldman Sachs and Jefferies LLC are the lead underwriters. Allakos’ pre-IPO backers include Novo Ventures, Alta Partners, RiverVest Venture Partners and the Roche Venture Fund.

Continue

Quantapore pulls in $15.5 mln

By Iris Dorbian — 4 days ago

Menlo Park, California-based Quantapore Inc, a biotech firm, has closed $15.55 million in funding. Northern Light Venture Capital led the round with participation from Tsingyuan Ventures, Sangel Venture Capital, Baidu Ventures and Cloudstone VC. In addition to the funding, Feng Deng of NLVC has joined Quantapore’s board of directors.

Continue