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Category: venture capital

Sequoia Capital reups in digital mortgage business Snapdocs through $60m Series C

Digital mortgage solution Snapdocs has closed its Series C round on $60m to continue a strong period of growth.

AI-based anti-money laundering startup Silent Eight gets $15m venture capital-led investment

Silent Eight, which leverages AI technology to combat money laundering and terrorism financing, has closed a $15m venture capital-led funding round.

Venture capital firms help payment processor Fivestart to $52.5m Series D investment round

Payment processing platform Fivestars has reportedly raised $52.5m in its Series D round of debt and equity.

True Ventures continues lightning fundraising pace with $840m double fund close

True Ventures has powered on with its hectic fundraising pace by hauling in $840m across two new investment vehicles.

Boldstart Ventures back in the fundraising market eyeing biggest fund yet

Boldstart Ventures is back in the fundraising market targeting its biggest-ever total through the launch of its fifth flagship investment vehicle.

Isomer Capital eyeing €250m for second European VC fund of funds raise

Isomer Capital has revealed a €250m-target for its second flagship fund of funds vehicle eyeing stakes in high-performing European venture capital managers.

Bain Capital Ventures among Series B backers for open source management business FOSSA

Open source management company FOSSA has closed its Series B round on $23.2m to support the release of its Security Management service. The capital was supplied by Bain Capital Ventures, Canvas Ventures and Costanoa Ventures.

Extended warranty ‘reinventor’ Extend gets $40m venture capital-backed Series B investment

Extend, a startup which says it has reinvented the extended warranty process, has closed its Series B on $40m.

SC Ventures backs cybersecurity startup Secret Double Octopus

Israeli cybersecurity company Secret Double Octopus has picked up a cash injection from Standard Chartered’s FinTech investment unit SC Ventures.

Venture capital firms help automated investing, banking platform M1 Finance to $45m Series C round

Automated investing, borrowing and banking platform M1 Finance has finalised its Series C investment round on $45m.

First Round Capital launches biggest fundraise yet, eyes up to $220m for Fund VIII

First Round Capital is back in the fundraising market eyeing up to $220m for its eighth flagship investment fund.

Education tech specialist Brighteye Ventures rides Covid distance learning boom with sophomore fundraise

European edtech investment specialist Brighteye Ventures has almost doubled its assets under management through a first close of its sophomore fund.

Sofinnova Partners swoops for Anderson as partner to boost growth-stage Crossover Fund team

European life sciences venture capital major Sofinnova Partners has brought on board experienced former Abingworth investor Joe Anderson as a partner.

Baidu Capital, Lake Bleu Capital among backers for lung disease diagnosis, treatment business Broncus

Lung disease diagnosis and treatment startup Broncus Holding Company has picked up a round of Series C investment from VC houses including Baidu Capital and Lake Bleu Capital.

Continuous online security assessment startup Cyberpion gets $8.25m venture capital-led investment

Security platform Cyberpion has closed a venture capital-led seed round on $8.25m to help it increase its sales and marketing efforts.

Venture capital veteran Canaan Partners eyes healthcare, frontier tech deals with new $800m fund

Veteran venture capital firm Canaan Partners has scored another $800m fund close to wrap up capital raising for its 12 early-stage investment fund targeting healthcare and technology companies.

US VC exits surge to huge quarterly total despite Covid uncertainty, fundraising on track for record year, new research shows

US venture capital exit activity has hit its second-highest value ever recorded despite global volatility in recent months due to the coronavirus crisis, new research shows.

Felix Capital brings in ex-Facebook, Vitruvian Partners execs as it celebrates five years of VC investing

UK private equity house Felix Capital has brought in former Facebook exec Angela Chou and Vitruvian Partners' Joseph Pizzolato as its latest investment professionals.

TIAA’s investment management giant Nuveen backs battery developer Advanced Battery Concepts

Nuveen, the $1tn global investment manager of insurance giant TIAA, has led a Series B growth equity round in Advanced Battery Concepts.

FirePower Capital vows to “out-work” Bay Area, Wall Street execs with close of first LP-backed private equity pool

Canada's FirePower Capital has taken aim at Wall Street and Bay Area private equity and venture capital firms amid the close of its first LP-backed pool of PE capital.

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