Monday, January 13, 2020
VC Deals Only: Tyton BioSciences Closes $8M Series A Funding Roun...
VC Deals Only: Tyton BioSciences Closes $8M Series A Funding Roun...: Tyton BioSciences , a Danville, VA.-based developer of recycling technology for the fashion industry, recently closed its $8m Series A fund...
Tyton BioSciences Closes $8M Series A Funding Round
Tyton BioSciences, a Danville, VA.-based developer of recycling technology for the fashion industry, recently closed its $8m Series A funding round.
Tin Shed Ventures, the investment arm of outdoor apparel brand Patagonia, led the round and was joined by Marubeni America, Card Sound Capital, and Alante Capital.
The funding will be used to scale the solution and accelerate entry into the market.
Led by Peter Majeranowski, CEO, Tyton develops proprietary technology solutions to recycle fashion manufacturing waste and end-of-life textiles back into the economy. The company’s solution is able to recover raw materials, including cotton pulp and polyester, from discarded clothing and textile waste to create new fabrics that today are otherwise made from natural resources like oil, trees and cotton.
As part of its growth strategy, Tyton expanded its leadership team to include Dr. Julie Willoughby (PhD Chemical Engineering) as Chief Scientific Officer. From her previous roles at Nike, MeadWestvaco, and Dow Corning, Willoughby brings a wealth of expertise in multi-disciplinary teams to scale technologies.
Source. FinSMEs, Jamuary 10, 2020
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Are you a Canadian GP/LP/CI or a Canadian startup that needs to grow or scale? Give us a call! One of our representatives would love to explain how we vertically design, and then systematically layer each of our communication platforms to effectively reach niche target audiences for our clients. WC offers a unique synergistic approach to effectively communicate our client's message to their target audience
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Serving Vancouver, Montreal, Toronto, Waterloo, Ottawa and Halifax.
Sunday, December 29, 2019
VC Deals Only: StradVision Nets $27M For Skeleton Detection And E...
VC Deals Only: StradVision Nets $27M For Skeleton Detection And E...: VC Deals Levelset, a 13-year-old, New Orleans, La.-based platform that helps contractors get paid faster and eliminate cash stresses, has ...
StradVision Nets $27M For Skeleton Detection And Emergency Braking Software For Autonomous Vehicles
VC Deals
Levelset, a 13-year-old, New Orleans, La.-based platform that helps contractors get paid faster and eliminate cash stresses, has raised $30 million in new funding led by Horizons Ventures, with participation from S3 Ventures, Altos Ventures, Operating Venture Capital, and Brick & Mortar Ventures, among others. The company has now raised $47 million to date. More
StradVision, a Seoul, South Korea-based company at work on vision processing tech for autonomous vehicles, has raised $27 million in Series B funding. Posco Capital led the round, joined by IDG Capital, Industrial Bank of Korea, Lighthouse Combined Investment, LSS Private Equity, Mirae Asset Venture Investment, Neoplux, and Timefolio Asset Management. More
Coral, is two-year-old, Bay Area-based company at work on a device that can automate manicures (it requires that customers buy nail polish made by the company, too), has raised $4.3 million in funding. Investors include CrossLink Capital, Root Ventures, Tandem Capital and Y Combinator.
Osano, a 1.5-year-old, Austin, Tex.-based data privacy transparency platform, has raised $5.4 million in Series A funding co-led by LiveOak Venture Partners and Next Coast Ventures. More
Ripple, a somewhat controversial, seven-year-old, San Francisco-based company that uses cryptocurrency to move money across borders, has raised $200 million in Series C funding. The investment firm Tetragon led the round, joined by SBI Holdings and Route 66 Ventures. More
Exits
Facebook has acquired PlayGiga, a Madrid-based company that specializes in cloud gaming, for what a Spanish business newspaper says is $78 million. Over the past few years, Facebook has been expanding its efforts in gaming. More
TiVo has scrapped plans to split itself into two separate companies and instead announced a $3 billion merger with Xperi, a publicly traded company that sells audio, imaging and computing technology products, reports Variety. The new merged entity will take the Xperi name but will continue to sell entertainment services under the TiVo brand along with Xperi’s DTS, HD Radio, and IMAX Enhanced brands. More
Care.com, the nation’s largest online marketplace for babysitters and other caregivers, just agreed to sell to IAC/InterActive Corp. for about $500 million in cash or $15 a share. Care went public five years ago. Its shares were trading as low as $9 this summer. More
New Funds
Truffle Capital, a 15-year-old, Paris-based venture firm focused on biotech and med-tech startups, has closed on $278 million for a new fund that it plans to use to fund a dozen new startups, mainly in France. More
This post was brought to you by Woewoda Communications, your partner in the venture capital, private equity and startup markets; offering strategic communications, public relations & investor relation services to Canadian VCs, PEs, Angels, Endowments/Trusts, Family Offices, and Canadian startups involved in ICT, IoT, blockchain, life sciences, healthcare, agribusiness, clean energy, fintech, AI and robotics.
Are you a Canadian GP/LP/CI or a Canadian startup that needs to grow or scale? Give us a call! One of our representatives would love to explain how we vertically design, and then systematically layer each of our communication platforms to effectively reach niche target audiences for our clients. WC offers a unique synergistic approach to effectively communicate our client's message to their target audience
.
Levelset, a 13-year-old, New Orleans, La.-based platform that helps contractors get paid faster and eliminate cash stresses, has raised $30 million in new funding led by Horizons Ventures, with participation from S3 Ventures, Altos Ventures, Operating Venture Capital, and Brick & Mortar Ventures, among others. The company has now raised $47 million to date. More
StradVision, a Seoul, South Korea-based company at work on vision processing tech for autonomous vehicles, has raised $27 million in Series B funding. Posco Capital led the round, joined by IDG Capital, Industrial Bank of Korea, Lighthouse Combined Investment, LSS Private Equity, Mirae Asset Venture Investment, Neoplux, and Timefolio Asset Management. More
Coral, is two-year-old, Bay Area-based company at work on a device that can automate manicures (it requires that customers buy nail polish made by the company, too), has raised $4.3 million in funding. Investors include CrossLink Capital, Root Ventures, Tandem Capital and Y Combinator.
Osano, a 1.5-year-old, Austin, Tex.-based data privacy transparency platform, has raised $5.4 million in Series A funding co-led by LiveOak Venture Partners and Next Coast Ventures. More
Ripple, a somewhat controversial, seven-year-old, San Francisco-based company that uses cryptocurrency to move money across borders, has raised $200 million in Series C funding. The investment firm Tetragon led the round, joined by SBI Holdings and Route 66 Ventures. More
Exits
Facebook has acquired PlayGiga, a Madrid-based company that specializes in cloud gaming, for what a Spanish business newspaper says is $78 million. Over the past few years, Facebook has been expanding its efforts in gaming. More
TiVo has scrapped plans to split itself into two separate companies and instead announced a $3 billion merger with Xperi, a publicly traded company that sells audio, imaging and computing technology products, reports Variety. The new merged entity will take the Xperi name but will continue to sell entertainment services under the TiVo brand along with Xperi’s DTS, HD Radio, and IMAX Enhanced brands. More
Care.com, the nation’s largest online marketplace for babysitters and other caregivers, just agreed to sell to IAC/InterActive Corp. for about $500 million in cash or $15 a share. Care went public five years ago. Its shares were trading as low as $9 this summer. More
New Funds
Truffle Capital, a 15-year-old, Paris-based venture firm focused on biotech and med-tech startups, has closed on $278 million for a new fund that it plans to use to fund a dozen new startups, mainly in France. More
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This post was brought to you by Woewoda Communications, your partner in the venture capital, private equity and startup markets; offering strategic communications, public relations & investor relation services to Canadian VCs, PEs, Angels, Endowments/Trusts, Family Offices, and Canadian startups involved in ICT, IoT, blockchain, life sciences, healthcare, agribusiness, clean energy, fintech, AI and robotics.
Are you a Canadian GP/LP/CI or a Canadian startup that needs to grow or scale? Give us a call! One of our representatives would love to explain how we vertically design, and then systematically layer each of our communication platforms to effectively reach niche target audiences for our clients. WC offers a unique synergistic approach to effectively communicate our client's message to their target audience
.
Serving Vancouver, Montreal, Toronto, Waterloo, Ottawa and Halifax.
Friday, December 27, 2019
VC Deals Only: Nagi Bioscience Raises CHF 1.8M in Seed Funding
VC Deals Only: Nagi Bioscience Raises CHF 1.8M in Seed Funding: Nagi Bioscience SA , a Lausanne, Switzerland–based life-science-tech company developing technology for the in vitro testing of drugs and ch...
Nagi Bioscience Raises CHF 1.8M in Seed Funding
Nagi Bioscience SA, a Lausanne, Switzerland–based life-science-tech company developing technology for the in vitro testing of drugs and chemicals, closed a CHF1.8m seed financing round.
Backers included investiere, Zürcher Kantonalbank, NEST pension fund and private investors from Switzerland and United States.
The company intends to use the funds to complete the development of its first product and prepare its market access.
Founded in January 2019 by Dr. Matteo Cornaglia, CEO, and and Dr. Laurent Mouchiroud, CSO, as a spin-off from the Ecole Polytechnique Fédérale de Lausanne (EPFL), Nagi Bioscience has developed “Organism-on-Chip” technology, which leverages the combined use of microfluidics and microscopic worms (the validated biological model C. elegans) to provide a new sustainable alternative to traditional animal testing to pharma, chemical, cosmetic industries and biomedical research. This solution complies with the emerging directives for the replacement, reduction and refinement of animal testing, i.e. the so-called “3Rs” principles, and allows reducing costs and delays of pharmaceutical and chemical research.
Nagi Bioscience has already prototypes under validation in collaboration with key industrial players in the chemical and biotech fields.
Furthermore, the company announced the assignment of Dr. Chris Radloff to the Board of Directors. He is a board director and angel investor in several startups and brings to the company 20+ years of expertise in the life-science-tech field.
Source. FinSMEs, December 23, 2019
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This post was brought to you by Woewoda Communications, your partner in the venture capital, private equity and startup markets; offering strategic communications, public relations & investor relation services to Canadian VCs, PEs, Angels, Endowments/Trusts, Family Offices, and Canadian startups involved in ICT, IoT, blockchain, life sciences, healthcare, agribusiness, clean energy, fintech, AI and robotics.
Are you a Canadian GP/LP/CI or a Canadian startup that needs to grow or scale? Give us a call! One of our representatives would love to explain how we vertically design, and then systematically layer each of our communication platforms to effectively reach niche target audiences for our clients. WC offers a unique synergistic approach to effectively communicate our client's message to their target audience.
Thursday, December 26, 2019
VC Deals Only: Evisort Closes $15m Series A Funding
VC Deals Only: Evisort Closes $15m Series A Funding: Evisort , a San Mateo, CA-based artificial intelligence-powered contract intelligence system, closed a $15m Series A funding The round wa...
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