VENTURE DEALS
- Icertis, a Bellevue, Wash.-based provider of enterprise contract management in the cloud, raised $115 million in Series E funding at a valuation of more than $1 billion dollars. Greycroft and PremjiInvest co-led the round, and were joined by investors including B Capital Group, Cross Creek Advisors, Eight Roads, Ignition Partners, Meritech Capital Partners and PSP Growth.
- Graduway, a London-based provider of alumni engagement and career services management software for educational institutions and non-profit organizations, raised $60 million from K1 Investment Management.
- ContractPodAi, a London-based provider of AI-powered contract lifecycle management software, raised $55 million in Series B funding. Insight Partners led the round, and was joined by investors including Eagle Proprietary Investments.
- AlphaSense, Inc., a New York-based AI-powered business insights platform, raised $50 million in Series B funding. Innovation Endeavors led the round, and was joined by investors including Soros Fund Management LLC.
- 100 Thieves, a Los Angeles-based lifestyle brand and esports company, raised $35 million in Series B funding. Artist Capital Management led the round.
- Neocis Inc, a Miami-based provider of a robot-assisted surgical platform for the dental industry, raised $30 million in funding. Investors include Mithril Capital Management and Norwest Venture Partners.
- Cubic Telecom, an Ireland-based connectivity management supplier to the IoT and automotive industries, raised $26.4 million in funding from European Investment Bank.
- LANDR, a Canada-based AI-powered creative platform for musicians, raised $26 million in Series B funding. Investors include Sony Innovation Fund, Shure, Investissement Québec and Fonds de solidarité FTQ, Warner Music, Plus Eight Equity Partners, Slaight Communications, YUL Ventures and PEAK Capital Partners.
- Kopari Beauty, a San Diego-based coconut-powered beauty brand, raised $20 million in funding. Investors include Growth Fund of L Catterton, Unilever Ventures, and University Growth Fund.
- Ascend, a Palo Alto, Calif.-based autonomous dataflow service, raised $19 million in Series A funding. Accel led the round, and was joined by investors including Sequoia Capital, Lightspeed Venture Partners, and 8VC.
- SAM Labs, a Tampa, Fla.-based provider of tech education products, raised $8.9 million in funding. Investors include Partners in Equity and Inventures Investment Partners.
- AppyParking, a U.K.-based kerbside management and mobility technology firm, raised 7.6 million pounds ($9.4 million) in Series A funding. Investors include Hyundai Motor Company, Sumitomo Corporation, West Hill Capital, Aviva Ventures and Breed Reply.
- Methinks, a South Korea and Silicon Valley-based provider of a video-based research platform, raised $7 million in Series A funding. Sema Translink led the round, and was joined by investors including KB Investment and Hyundai Investment.
- CHOOOSE, a Norway-based climate startup, raised $4 million in seed funding. Contrarian Ventures and the Viessmann Group's VC Vito co-led the round.
- Travelstop, a Singapore-based business travel and expense management startup, raised $3 million in pre-Series A funding. Accel led the round, and was joined by investors including Strive and SeedPlus.
- Pixion Games, a London-based studio focused on building competitive esports games for mobile devices, raised $2 million in seed funding. Eldridge Industries led the round.
- Augmentir Inc, a Horsham, Penn.-based provider of augmented worker software for industrial companies, raised funding of an undisclosed amount. Pritzker Group Venture Capital led the round, and was joined by investors including Lerer Hippeau and HOLT Ventures.
HEALTH AND LIFE SCIENCES DEALS
- AM-Pharma, a Netherlands-based clinical-stage biopharmaceutical company focused on developing a treatment for acute kidney injury, raised $133 million in funding. LSP and Andera Partners led the round.
- Recursion Pharmaceuticals, a Salt Lake City-based biopharma company, raised $121 million in Series C funding. Scottish Mortgage Investment Trust PLC led the round.
- Notable, a San Francisco-based provider of clinically validated AI platform focused on cancer drug development, raised $40 million in Series B funding. B Capital Group and LifeForce led the round.
- Trefoil Therapeutics, a San Diego-based biotech firm, raised $28 million in funding. Bios Partners led the round, and was joined by investors including Access Biotechnology, Hatteras Venture Partners, Aju IB Investment, Correlation Ventures, ExSight Ventures and InFocus Capital Partners.
PRIVATE EQUITY DEALS
- Mammoth Holdings, which is backed by Red Dog Equity LLC, acquired Wash Time Express Inc, an Atlanta-based single-unit express conveyor car wash. Financial terms weren't disclosed.
- Spectrum Equity made an investment in Visual Lease, a Woodbridge, N.J.-based cloud-based lease management and accounting software provider. Financial terms weren't disclosed.
OTHER DEALS
- WHP Global acquired Anne Klein, a Portage, Wisc.-based women's fashion brand, from Premier Brands Group. Financial terms weren't disclosed.
IPOs
- DouYu International Holdings, a Wuhan, China-based live game-streaming platform, plans to raise $775 million in an IPO of 67.4 million shares (33% insider selling) priced at $11.50 apiece, the low end of its range. The firm posted $531.5 million in revenue and loss of $127.4 million in 2018. Tencent backs the firm. Morgan Stanley, J.P. Morgan and BofA Merrill Lynch are underwriters. It plans to list on the NYSE as "DOYU." Read more.
- Livongo Health, a Mountain View, Calif.-based healthcare platform for chronic illness management, plans to raise $230 million (9% insider acquired) in an IPO of $10.7 million shares priced between $20 to $23. It posted revenue of $68.4 million in 2018 and loss of $33.5 million. General Catalyst, Kinnevik Online, and KPCB Holdings back the firm. It plans to list on the Nasdaq under the symbol "LVGO." Read more.
- ProSight Global, a Morristown, N.J.-based specialty insurer, plans to raise $105 million in an IPO of 8.8 million shares (60% insider selling) priced between $16 to $18. Goldman Sachs and TPG back the firm. The firm posted revenue of $785.9 million in 2018 and income of $55.3 million. It plans to list on the NYSE as "PROS." Read more.
EXITS
- Invitae Corporation agreed to acquire Jungla, a San Francisco-based provider of an AI-driven biotech firm, for about $50 million. Jungla had raised approximately $2.5 million in funding from investors including Andreessen Horowitz, SOSV, and IndieBio.
FIRMS + FUNDS
- Argonaut Private Equity, a Tulsa-based firm, raised $350.7 million for its fourth fund, according to an SEC filing.
PEOPLE
- Bain Capital Ventures promoted Merritt Hummer to senior principal and Aneesha Mehta to principal.
- Elgin Thomspon joined JMP Securities as a managing director.
No comments:
Post a Comment