110 Views

Onefinestay scores $40 mln Series D

Luxury home hospitality business onefinestay has closed $40 million in Series D funding. The investors included Intel Capital, Quadrant Capital Advisors, Index Ventures and Canaan Partners. Also, the company has made a number of appointments, among them are Tom Singer as chief financial officer, Nick Ruotolo as chief commercial officer and Petros Demetriades as chief technology officer.

Novartis to buy Spinifex for $200 mln

Novartis International AG has agreed to buy Spinifex Pharmaceuticals Inc. for an upfront cash consideration of $200 million plus undisclosed clinical development and regulatory milestone payments. based in Stamford, Connecticut and Melbourne, Australia, Spinifex develops drugs for the treatment of chronic pain. Deutsche Bank advised Spinifex. Spinifex’s investors include Novo A/S, Canaan Partners, GBS Venture Partners, Brandon Capital Partners, Uniseed and UniQuest (University of Queensland, Australia).

146 Views

Komprise pulls in $6 mln Series A

Campbell, California-based Komprise, a data management software provider, has secured $6 million in Series A funding. Canaan Partners led the round.

111 Views

Spyryx Biosciences rakes in $18 mln Series A

Research Triangle Park, North Carolina-based Spyryx Biosciences, which develops treatments for respiratory diseases, has raised $18 million in Series A funding. The investors were Canaan Partners, Hatteras Venture Partners and 5AM Ventures. In conjunction with the funding, Dr. Tim Shannon, general partner of Canaan, has been named chairman of Spyryx’s board of directors. Also, Dr. Christy Shaffer, managing director of Hatteras Discovery at Hatteras and Dr. Brian Daniels, venture partner of 5AM, have been added to Spyryx’s board of directors.

168 Views

Food brand NatureBox picks up $30 mln series C

Food brand NatureBox Inc has raised $30 million in Series C funding. Global Founders Capital led the round with participation from other investors that included Neuberger Berman Private Equity Funds, Kensington Capital Holdings, Valley Oak Investment Partners, General Catalyst Partners, Canaan Partners and Softbank Capital.

137 Views

Industry Ventures leads $40 mln round for The RealReal

Luxury resale site The RealReal has secured $40 million in Series D funding. Industry Ventures led the round with participation from other investors that included e.ventures Growth, Greycroft Growth, DBL Partners, Canaan Partners and InterWest Partners. In addition to the funding, Cynthia Ringo of DBL Partners has been added to The RealReal’s board of directors.

160 Views

Diabetes management platform Glooko racks up $16.5 mln Series B

Palo Alto, California-based diabetes management platform Glooko Inc has received $16.5 million in Series B funding. The investors included Canaan Partners, Medtronic, The Social + Capital Partnership and Samsung. In conjunction with the financing, Wende Hutton of Canaan Partners has been added to Glooko’s board of directors.

281 Views

Lending platform EVEN Financial scores $2.8 mln seed

New York City-based lending platform EVEN Financial has secured $2.8 million in seed funding. Canaan Partners led the round with participation from other investors that included Lerer Hippeau Ventures, Brooklyn Bridge Ventures, Conversion Capital, Social Leverage and 555 Capital.

131 Views

Life sciences startup Unchained Labs grabs $25 mln

Pleasanton, California-based life sciences tools startup Unchained Labs has closed $25 million in Series A funding. Novo Ventures, Canaan Partners and TPG Biotech led the round. Also, the company has acquired Optim, a multiplex protein stability platform for biologics. No financial terms were disclosed.

185 Views

Borro raises $19.5 mln

Borro said Tuesday it has raised $19.5 million in funding led by OurCrowd and Rocket Internet. OurCrowd contributed more than $6 million of the capital raised while Rocket Internet increased its stake in Borro to 10 percent. Existing investors Canaan Partners, Eden Ventures and Augmentum Capital also participated in the round, the statement said. New York-based Borro allows individuals to use luxury assets –including fine art, antiques, jewelry, luxury watches, fine wine, prestige and classic cars — as collateral for loans. FT Partners provided financial advice to Borro.

ClusterHQ rakes in $12 mln

UK-based ClusterHQ, which is building a data layer for Docker, has secured $12 million in Series A funding, it was announced on the company’s site. Accel Partners led the round with participation from other investors that included Canaan Partners. To read more details about the funding, visit here.

198 Views

Cargomatic hauls in $8 mln, as it aims to be the Uber of trucking

Cargomatic, which provides a shipment matching technology to connect truck drivers with those who need to move freight, has raised $8 million in Series A funding. Canaan Partners led the round and was joined by Volvo Group Venture Capital, Rob Estes of Estes Express, Morado Venture Partners, SV Angel, Sherpa Ventures, Winklevoss Capital, Structure Capital, Nicolas Berggruen, Scott Banister, Fritz Lanman and Hank Vigil. The Venice, Calif.-based company had raised $2.6 million last June.

169 Views

Beckon nabs $13 mln in Venrock-led round

Marketing intelligence software provider Beckon has raised $13 million in Series B funding. Venrock led the round with participation from other investors that included August Capital, Canaan Partners and El Dorado Ventures.

CytomX grabs $20 mln Series C

Biotech firm CytomX has received $20 million in Series C financing. Pfizer Venture Investments led the round with participation from previous backers Third Rock Ventures, Canaan Partners and the Roche Venture Fund. In addition to the funding, Dr. Elaine Jones, executive director of venture capital at Pfizer Venture Investments, has been added to CytomX’s board of directors. Her appointment becomes effective January 15, 2015.

236 Views

Grocery delivery startup Instacart bags $210 mln

According to an SEC filing, Instacart, an on-demand grocery service, has raised $210 million in a targeted $220 million funding round. A company spokesperson declined to add further information. Last June, Instacart received $44 million in Series B funding. Andreessen Horowitz led the round with participation from previous backers Sequoia Capital, Khosla Ventures and Canaan Partners.

 

PE HUB Community

Join the 12519 members of PE HUB 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