DFW Capital Partners Closes it's 5th Fund at $360M.

Weekend Special Edition 

April 6, 2019

VC Deals

With the advent of electric vehicles—from scooters to Teslas—there are a lot of batteries that need charging, and ChargeWheel wants to make doing so as convenient as possible. The SF-based startup, which just announced that it raised $1 million in seed funding, said that it can top off “four electric vehicles or up to 400 e-bikes and e-scooters” with fast charging. It does so by carting around what the company calls “energy trailers” by van. More

Lucid Sight said that it has raised $6 million in funding to expand its MLB Champions and Crypto Space Commander blockchain games to traditional game platforms. More

Two years after Fusion Pharmaceuticals raised a modest $25 million series A, the targeted radiotherapy player has reeled in $105 million in new capital to push a clinical-stage program and build a pipeline of new treatments and combination therapies. More

Philadelphia-based HealthVerity raised $25 million in a Series C round, the data-focused digital health startup announced Wednesday. The new funding comes after an initial $7.1 million Series A in 2016 and $10.1 million Series B in 2017, bringing its total venture capital funding to $42.3 million. More

PE Deals

Goldman Sachs Group Inc invested money from China's sovereign wealth fund in a California-based industrial company and is looking for more U.S. deals, three sources familiar with the matter said, even after increased scrutiny from Washington all but stopped U.S.-China deals last year. More

Sponsor/ PE Markets & Startups

Woewoda Communications your partner in the private equity and startup markets; offering strategic communications, public relations & investor relation services to VCs, PEs, Angels, Endowments/Trusts, Family Offices, and Startups involved in ICT, IoT, blockchain, life sciences, healthcare, agribusiness, clean energy, fintech, AI and robotics.

M&As

Airbnb is continuing to widen its focus beyond “unconventional” hotels as it gets ready for a much-anticipated IPO. Following its acquisition of HotelTonight last month, the company has picked today to confirm that it invested in India’s OYO — a startup that manages budget hotels and other stays. More

IPOs

Lyft Inc was valued at $24.3 billion in the first initial public offering (IPO) of a ride-hailing startup on Thursday, raising more than it had set off to do as investors overlooked uncertainty over its path to becoming a profitable company. More

Ruhnn, a company that enables influencers to sell through e-commerce and is plotting to change the face of China’s fashion industry, has raised $125 million after it listed on the Nasdaq on Wednesday. The company sold 10 million American Depositary Shares at $12.5 a pop, the midpoint of its expected range. More

Shares of Silk Road Medical Inc. rocketed up 81 percent in its first day of trading Thursday after the medical device company raised $120 million in an upsized IPO. The Sunnyvale-based company sold 6 million shares at $20 each, instead of the 4.7 million shares it originally planned to sell for between $15 and $17 apiece. It could get another $18 million if underwriters buy up the shares allotted to them. More

Sponsor/ Business Funding

Are you looking for capital to fund your new startup or business venture? Morris Blackmore is a professional licensed broker who can help you get the funding that you need! For the past 8 years Morris has secured funding which has allowed his clients to fullfill their dreams. He can do the same for you! For more information on this funding opportunity contact Morris Blackmore at 778 873 7964 or you can email him directly by clicking. Here

Exits

Yahoo spin-out Altaba is selling its entire Alibaba stake and closing down. The Yahoo spin-out created to house Yahoo’s lucrative stake in Alibaba and Yahoo Japan announced today that it will sell its lucrative stake in Alibaba and shut up shop. More

New Funds

DFW Capital Partners, a Teaneck, New Jersey based private equity firm closed its 5th fund at $360M. DFW Capital Partners VI, LP, is an investment partnership dedicated to making control investments in lower middle market service companies. More

For SoftBank Group Corp., $100 billion isn’t enough. The Japanese conglomerate, which has reshaped the technology startup landscape with its Saudi-backed Vision Fund, is in talks with investors to add as much as $15 billion more to its already-massive fund, said people familiar with the discussions. More

Healthcare News

Mount Sinai Health System and the Hasso Plattner Institute have teamed up to launch a digital health institute, which will focus on developing products with predictive and preventive capabilities that improve health outcomes. More