Numan raised $40M; Babyscripts landed $12M; Courier Health secured 4$MRead more...
Northleaf Venture Catalyst Fund closed $300M; Voxel8 received $12M; AdAgility raised $1.6M
- AdAgility, a provider of personalized, on-site and mobile, cross-selling solutions, raised $1.6 million to further accelerate its already impressive growth. Tim & Todd McSweeney led the investment with participation from existing investor Boston Seed Capital.
- Oku Tech Pvt. Ltd, which operates BroEx, a network of real estate brokers, closed a $1 million in early-stage funding from Lightspeed India, the company said on Friday. The Gurgaon-based company which was founded in 2014 by Pallav Pandey and Mukul Kumar plans to use the funds to expand into tier I, tier II and tier III cities in India. It is also looking to invest in product development and launching complimentary products and services for brokers to facilitate transactions.
- Popular Pays, a Y Combinator-backed startup connecting Instagram users with marketers, bagged $2 million in funding. Investors in the new funding Bessemer Venture Partners, Soma Capital, Social Starts, Mike Shinoda (from Linkin Park!) and Romar Capital.
- Mumbai-based fitness discovery and marketplace platform Fitternity Health E-solutions secured pre-series A investment of $1 million led by Bengaluru-based Exfinity Venture Partners The funds will be deployed primarily for product development, marketing and pan-India expansion.
- Wireframing and prototyping tool UXPin announced a $5 million Series A round led by True Ventures. The company, which began in Poland and later came to the U.S., is the one of the few Polish startups to get Series A funding in the United States.
- Innospark, the South Korean indie studio behind Dragon Friends: Green Witch, has secured $6.5 million in Series B funding with a little help from China-focused venture capital firm Keytone Ventures. "This is an important next step for Innospark," said CEO Jae Chan Shin. "This investment is a starting point for Innospark to build a long-term business partnership with Keytone Ventures as well as SL Investment and Company K Partners Limited. This will lead Innospark to not only penetrate the Chinese market, but also succeed in the global market. Also, it will be helpful to accelerate our development process for multi-screen platforms, such as Windows 10." SL investment and Company K Partners Limited also participated in the round and the resulting funds will be used to grow its development team as it aims for the mid-core mobile market.
- Voxel8, creators of a 3D electronics printer, raised $12 million to grow its team and develop the core technology that enables companies to 3D-print products with built-in electronics. Braemar Energy Ventures and ARCH Venture Partners led the round, with participation from Autodesk — through its Spark Investment Fund — and In-Q-Tel.
- VoltDB,an in-memory relational database management system landed a $9.8 million round of funding to extend its SQL in-memory database to power the next wave of real-time, fast data-driven applications. The round was led by strategic investors with participation from existing investors Kepha Partners and Sigma Prime Ventures.
- Ra Pharmaceuticals, a Cambridge,MA-based company that signed a large collaboration deal with Merck two years ago, received a $58.5 million Series B financing to take its first drug, a potential treatment for an ultra-rare blood disorder, called paroxysmal nocturnal hemoglobinuria, into human clinical testing. The funding was led by RA Capital Management, Novo Ventures, and Lightstone Ventures. New investors Rock Springs Capital and Limulus Venture Partners, and existing investors New Enterprise Associates, Novartis Venture Fund, Morgenthaler Ventures, and Amgen Ventures also participated.
- Northleaf Capital Partners (“Northleaf”) is pleased to announce that Northleaf Venture Catalyst Fund held its final closing achieving its maximum fund size of $300 million. The Fund's final closing included new commitments from Sun Life Financial and a number of high net worth and family office investors, as well as additional commitments from existing NVCF investors.
- Jrink, a Washington, DC-based cold pressed drink company offering a wide selection of healthy drinks to the nation’s capital region, received $400,000 in revenue-based financing. DC Community Ventures (DCCV) made the investment. The company intends to use the funds to grow operations.
- Prti, Inc., Corporation just released form D about $10.00 million equity financing. This is a new filing. Prti was able to fundraise $2.97 million so far. That is 29.72% of the fundraising. The total private financing amount was $10.00 million. The financing document was filed on 2015-07-23. The reason for the financing was: Other than the payment of salaries and other compensation and benefits, no officer, director or promoter will receive any payments from the proceeds of this offering.
If you are interested in being included in our funding roundup, submit your press release or blog post about your financing round to firstname.lastname@example.org.
Image source: dalepearce.net
Support VatorNews by Donating
Read more from our "Daily Funding Roundup" series
Beauty Pie raised $100 million; Homage landed $30M; DotCom Therapy picked up $13MRead more...
Vouch raised $90M; Flo landed $50M; A-Alpha Bio secured $20MRead more...
Related Companies, Investors, and Entrepreneurs
Joined Vator on
NEA is the entrepreneur’s venture capital firm.
When it is time to take a promising business or business idea to the next level, entrepreneurs want a venture partner who understands and believes in the power of big dreams, bold visions and fresh ideas that have the power to change an industry, a sector, the world.
Moreover, entrepreneurs want a venture partner who knows what it takes—through first-hand experience and carefully nurtured relationships—to make a company succeed, to turn an idea into an action, and to make a plan a reality.
For more than 30 years, NEA has been helping to build great companies. Our committed capital has grown to $13 billion, including a $2.6 billion fourteenth fund closed in 2012. We invest across stage and geography in technology, healthcare and energy.
Remaining nimble as we’ve grown—with more than 65 investment professionals working out of our offices in the US, India, and China and investing across the globe—NEA is the entrepreneur's venture capital firm, consistently ranking among the top firms in portfolio IPOs each year. Since its founding, the firm has backed more than 175 companies that have gone public and invested in more than 290 companies that have been successfully merged or acquired—more liquidity events than any other venture capital firm.
Whether you are seeking investment to get your idea off the ground or looking to propel a proven idea toward greatness, NEA is the venture partner who will be there—because we’ve been there—every step of the way.
Joined Vator on
In 1911, Henry Phipps founded Bessemer Securities to reinvest the proceeds of his sale of Carnegie Steel for the benefit of his descendents. The start-up investment operations were spun out into Bessemer Venture Partners, which now operates out of seven offices around the globe.
Joined Vator onTrue is a venture firm for early stage entrepreneurs. Founders of high growth companies deserve partners with experience, creativity and strength in the earliest days of company growth. Our team has directly founded over half a dozen startups and has over forty years of successful venture capital experience. We like to put that experience to work for our entrepreneurs.