VENTURE DEALS
- Shape Security, a Mountain View, Calif.-based platform for bot and online fraud mitigation, raised $51 million in funding at a pre-money valuation of $1 billion. C5 Capital led the round, and was joined by investors including included Kleiner Perkins, HPE Growth, Norwest Ventures Partners, Focus Ventures, JetBlue Technology Ventures, Top Tier Capital Partners, and EPIC Ventures.
- Dapper Labs, the Canada-based blockchain games company behind CryptoKitties, raised $11 million in funding. Investors include Andreessen Horowitz, Accomplice, AppWorks, Autonomous Partners, Fenbushi Digital, Warner Music Group, Union Square Ventures, Venrock, Digital Currency Group, Animoca Brands, SV Angel, Version One, and CoinFund.
- Rafay Systems, a Sunnyvale, Calif.-based platform which allows companies to deploy performance and geography sensitive workloads, raised $8 million in Series A funding. Ridge Ventures led the round, and was joined by investors including NTT DOCOMO Ventures, Costanoa Ventures and Moment Ventures.
- junzi kitchen, a New York-based operator of restaurants serving fast-casual Chinese cuisine, raised $5 million in pre-Series A funding. LDR Ventures led the round, and was joined by investors including DOM Capital, Uniwill Ventures, Pocket Sun, Chip Wade, and Gregory Ho.
- Truman's, a Louisville, Ky.-based direct-to-consumer cleaning products company, raised $5 million in seed funding. Henkel led the round.
- Patch Homes, a San Francisco-based provider of a home equity sharing product, raised $5 million in Series A funding. Union Square Ventures led the round, and was joined by investors including Tribe Capital, Techstars Ventures, Breega Capital and Greg Schroy.
- Forager, a Chicago-based startup focused on cross-border logistics, raised $3.25 million in seed funding. Chicago Ventures led the round.
- Argyle, a New York-based company that provides infrastructure for consumers to connect their workforce platforms to businesses, raised $2.6 million in seed funding. Investors include Checkr and Bain Capital Ventures.
- Prevu, a New York-based digital home buying platform, raised $2 million in seed funding. Corigin Ventures led the round, and was joined by investors including Kairos and AVG Basecamp Fund.
HEALTH & LIFE SCIENCES DEALS
- InDevR Inc, a Boulder, Colo.-based biotechnology company, raised $7 million in Series A funding, from Adjuvant Capital.
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Discover more PRIVATE EQUITY DEALS
- Opus Agency, a portfolio company of Growth Catalyst Partners, acquired Number 20, a London-based event and travel management agency. No financial terms were disclosed.
IPOs
- Anheuser-Busch InBev, the beer giant, is considering a Hong Kong IPO with a slimmed down version of its business, the Wall Street Journal reports citing sources. The deal could raise $5 billion. Read more.
- TeamViewer, a German software company, is set to raise up to 2.31 billion euros ($2.5 billion) in Frankfurt, putting it on track for a 5.5 billion euro ($6.1 billion) valuation. Read more.
- ESR Cayman Ltd, a logistics real estate developer, is preparing to relaunch its Hong Kong IPO of up to $1.24 billion. Warburg Pincus backs the firm. Read more.
- AllHome Corp, a Filipino home furnishing chain, launched an IPO of up to 18.1 billion pesos ($348 million) on Friday. Read more.
- SpringWorks Therapeutics, a Stamford, Conn.-based biotech for rare cancers, now plans to raise $153 million in an upsized IPO of 9 million shares priced between $16 to $18. The firm has yet to post a revenue and posted a loss of $17.8 million in 2018. Pfizer, Bain, OrbiMed, and Perceptive Life Sciences back the firm. It plans to list on the Nasdaq as "SWTX." Read more.
- Satsuma Pharmaceuticals, a South San Francisco-based clinical-stage biotech for migraines, raised $83 million (30% insider bought) in an upsized IPO of 5.5 million shares priced at a midpoint of $15 apiece. The firm has yet to post a revenue and posted a loss of $7.3 million in 2018. RA Capital, TPG Biotechnology Partners, and Shin Nippon Biomedical Laboratories back the firm. It plans to list on the Nasdaq as "STSA." Read more.
- Alerus Financial, a Grand Forks, N.D.-based financial services firm, raised $60 million in a downsized IPO of 2.9 million shares priced below range at $21 apicece. The firm posted net interest income of $75.2 million, noninterest income of $102.7 million, and net income of $25.9 million in 2018. It plans to list on the Nasdaq as "ALRS." Read more.
- Neptune Energy, the oil and gas firm, is planning an IPO for April 2020, Reuters reports. Carlyle Group and CVC Capital back the firm. Read more.
EXITS
- Stellex Capital Management agreed to sell Morbark, a Winn, Mich.-based manufacturer of high-performance equipment and aftermarket parts for forestry, tree maintenance, biomass, land management and recycling markets, to Alamo Group Inc. (NYSE:ALG) for $352 million.
PEOPLE
- Dan Glickman joined Harvest Partners as a partner.
- Mainsail Partners hired Katherine Claire "KC" Kanoff and Jason Thorn as vice presidents, and Parker Draughon, Max Thompson and Cally Tullo as associates.
- Accel named Amy Saper as a principal.
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