SOLS rakes in $11.1 mln Series B

By Iris Dorbian — 12 months ago

SOLS, a provider of 3D printing and custom mass-manufacturing technology, has closed $11.1 million in Series B funding. The investors included Founders Fund, Lux Capital, Tenaya Capital and Melo7 Tech Partners. In addition to the funding, SOLS has named Terdema Ussery, president and CEO of the Dallas Mavericks, to its board of directors.

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Lux to raise $350 mln fourth fund

By Mark Boslet — 12 months ago

Lux Capital has set out to raise a $350 million fourth fund, according to an SEC filing. No first close is yet reported. The firm’s previous $245 million fund was raised in 2013, according to Thomson Reuters.

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3Scan scores $6.67 mln Series A

By Iris Dorbian — 1 year ago

Lux Capital has led a $6.67 million Series A funding round for San Francisco-based 3Scan, a producer of knife edge scanning microscope technology. In conjunction with the funding, Josh Wolfe and Dr. Adam Goulburn of Lux Capital have been added to 3Scan’s board of directors. Also, 3Scan has hired Caroline Miller as director of histology and Mike Pesavento as image analysis wizard, respectively.

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Everspin Technologies snags $29 mln Series B

By Iris Dorbian — 1 year ago

Chandler, Arizona-based MRAM maker Everspin Technologies Inc has secured $29 million in Series B funding.The investors include Globalfoundries, Western Digital Capital, New Venture Partners, Lux Capital, Sigma Partners, Epic Ventures and Draper Fisher Jurvetson.

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Bill Gates, Madrona leads $15 mln round for Echodyne

By Luisa Beltran — 1 year ago

Bill Gates and Madrona Venture Group have led an initial $15 million round of funding for Echodyne Corp. Vulcan Capital, Lux Capital, The Kresge Foundation and others also invested. Bellevue, Wash.-based Echodyne, the fourth spin-out from Intellectual Ventures, aims to bring to market metamaterials-based radar products.

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Lux Capital hires Zavain Dar as a senior associate

By Chris Witkowsky — 1 year ago

Lux Capital has hired Zavain Dar as a senior associate in its Palo Alto office. Dar will focus on identifying and leading seed and early-stage technology investments and working with emerging entrepreneurs. Zavain was previously an investor at Eric Schmidt’s Innovation Endeavors.

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AltspaceVR raises seed funds

By Angela Sormani — 1 year ago

AltspaceVR, a social platform for virtual reality, has raised $5.2 million in seed funding. Investors include Dolby Family Ventures, Formation 8, Google Ventures, Lux Capital, Foundation Capital, Rothenberg Ventures, SV Angel, Haystack Fund, Tencent, Raine Ventures, Promus Ventures, Western Technology Investment and others.

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DCM leads Series B round for Matterport

By Iris Dorbian — 2 years ago

Matterport said Monday that it has closed $16 million in Series B financing. DCM Ventures led the round with participation from AME Cloud Ventures. Other investors include Lux Capital, Felicis Ventures, Greylock Partners, Navitas Capital, AMD Ventures, Qualcomm Ventures and Rothenberg Ventures. Based in Mountain View, Calif., Matterport develops cloud-based 3D models of interior spaces.

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VC-backed Siluria Technologies promotes two

By Iris Dorbian — 2 years ago

Siluria Technologies has promoted Rahul Iyer to vice president of corporate development and Gary Koehler to vice president of operations. Siluria is a company that converts natural gas into chemicals and fuels. It is backed by ARCH Venture Partners, The Wellcome Trust, Alloy Ventures, Kleiner Perkins Caufield & Byers, Bright Capital, Altitude Life Science Ventures, Lux Capital and Vulcan Capital.

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3D printing company SOLS Systems raises $6.4 mln

By Alastair Goldfisher — 2 years ago

SOLS Systems, a maker of 3D printing technology focused on orthotics, has announced it has raised a $6.4 million round of funding led by Lux Capital. Also participating in the Series A round is new investor Founders Fund as well as existing investors RRE Ventures, Rothenberg Ventures, Felicis Ventures, FundersGuild and Grape Arbor VC. The New York-based company has now raised just over $8.1 million in total funding since it was launched in 2013.

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Kala Pharmaceuticals scores $22.5 mln

By Iris Dorbian — 2 years ago

Kala Pharmaceuticals said Wednesday that it has closed $22.5 million in Series B financing. Ysios Capital led the round with participation from Crown Venture Fund, Lux Capital, Polaris Partners and Third Rock Ventures. In addition to the funding, Dr. Karen Wagner, a general partner at Ysios Capital, has been added to Kala’s board of directors. Based in Waltham, Mass., Kala Pharmaceuticals is a developer of treatments for ocular diseases.

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Visterra closes Series A

By Angela Sormani — 2 years ago

Visterra, a developer of novel therapeutics to prevent and treat major infectious diseases, has secured $8.1 million in the final closing of its Series A financing round. This financing brings the total proceeds received to date from Series A to $34.2 million. Existing investors – Polaris Venture Partners, Flagship Ventures, Lux Capital, the Bill & Melinda Gates Foundation and Omega Funds – participated in the financing, as well as members of management and employees.

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Siluria Technologies Appoints to Board

By Angela Sormani — 3 years ago

Siluria Technologies has appointed Karl Kurz to the company’s board of directors. Siluria is a company that converts natural gas into chemicals and fuels. It is backed by ARCH Venture Partners, The Wellcome Trust, Alloy Ventures, Kleiner Perkins Caufield & Byers, Bright Capital, Altitude Life Science Ventures, Lux Capital and Vulcan Capital.

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Kymeta Closes $50m Series C

By Angela Sormani — 3 years ago

Kymeta Corporation has closed a $50 million Series C financing to accelerate the company’s growth plans. Kymeta designs and manufactures satellite communication antennas and systems. Existing Kymeta investors including Bill Gates, Lux Capital and Liberty Global were joined in the financing by Osage University Partners and The Kresge Foundation.

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Lux Capital Closes Third Fund At $245M

By Mark Boslet — 3 years ago

Lux Capital said it has raised a third fund of $245 million, a step up from its second fund of about $100 million. The firm said the new fund was oversubscribed and exceeded its initial $200 million target.

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Intellectual Ventures Spin-Out Kymeta Secures $12m

By Angela Sormani — 3 years ago

Intellectual Ventures‘ spin-out company, Kymeta, has closed a $12 million funding round to develop and bring to market Intellectual Ventures’ Metamaterials Surface Antenna Technology. The venture is backed by investments from Bill Gates, Liberty Global and Lux Capital. PRESS RELEASE Intellectual Ventures (IV), the leader in the business of invention, announced today that its newest […]

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