The Capital Report v19.29

REPORT HIGHLIGHT

PALO ALTO, Calif.–(BUSINESS WIRE)–BGV, an early-stage venture capital firm with deep Silicon Valley roots and an exclusive focus on enterprise 4.0 startups in global markets, today announced the close of its Opportunity Fund, a $70 million investment vehicle. The Opportunity Fund is designed to make expansion stage investments in successful portfolio companies that emerge from BGV II and BGV III, both early-stage funds.

Read more: https://www.businesswire.com/news/home/20190725005169/en/BGV-Closes-70-Million-Opportunity-Fund-Announces

THE CAPITAL  REPORT

  • OSF Ventures, the corporate investment arm of Peoria, Ill.-based OSF HealthCare, has launched a second venture capital fund of $75m
  • VMG Partners, a San Francisco, CA-based private equity firm specializing in building iconic consumer brands, closed a $250m fund
  • Flare Capital Partners, a Boston, MA-based healthcare technology venture capital firm, closed its second fund, at $255m
  • DW Healthcare Partners, a private equity firm focused primarily on making control investments in North American middle-market healthcare companies, closed its fifth fund, at $610M
  • Stifel Financial Corp. (NYSE: SF), a financial services holding company headquartered in St. Louis, Missouri, launched a venture banking and lending business
  • Moiin, Inc., a Seoul, South Korea-based VR hardware company working to build a fully immersive world, is launching a $100m Silicon Valley-based, venture capital fund
  • CVC Capital Partners closed CVC Strategic Opportunities II (“SO II”), at €4.6 billion
  • Sierra Ventures, a San Mateo, CA-based early-stage technology-focused venture capital firm, closed the twelfth investment fund, at $215m
  • BGV, a Palo Alto, CA-based early-stage venture capital firm with an focus on enterprise 4.0 startups in global markets, closed its Opportunity Fund, at $70m

DISCLAIMER: All deal information for our Pipeline Reports are provided by 3rd party websites such as Associated Press, Bloomberg, Business Wire, Crunchbase, Forbes, Fortune, Reuters, Wall Street Journal (WSJ), and other sources. We advise that you check with the company website for a press release or other direct sources that are in our reports as we do not update our posting and use third-party resources to source our news.

RHC Pipeline Report v2018.07.28

RHC Pipeline highlight

Golden Gate Capital acquired The Learning Experience, a Deerfield Beach, Fla.-based operator of academies of early education for children. Financial terms weren’t disclosed.

Read more on Forbes: https://www.forbes.com/sites/karstenstrauss/2018/07/03/the-learning-experience-changes-hands/

rhc pipeline report (20+ deals profiled)

  • Gridiron Capital LLC acquired a controlling stake in The Service Companies Inc, a Miami-based provider of services such as housekeeping, public and casino area cleaning, kitchen cleaning. Financial terms weren’t disclosed.
  • WindRose Health Investors recapitalized basys, a Baltimore-based provider of benefits administration technology. Financial terms weren’t disclosed.
  • CVC Capital Partners agreed to acquire Recordati, an Italy-based pharmaceutical business the Recordati family, for about 3 billion euros ($3.5 billion).
  • HS2 Solutions, which is backed by Mountaingate Capital, acquired Infield Digital, a digital experience consultancy. Financial terms weren’t disclosed.
  • Cairngorm Capital acquired Rembrand Timber Limited, a U.K.-based timber processing and distribution company, and is merging it with its existing portfolio company, Thornbridge. Financial terms weren’t disclosed.
  • Light, a San Francisco-based developer of computational imaging technology, raised $121 million in Series D funding. SoftBank led the round, and was joined by investors including Leica Camera AG.
  • BookMyShow, an India-based online ticketing service for cinemas, theatres and sports, raised $100 million in Series D funding. The investors were not named.
  • Centivo, a New York-based type of self-funded health plan, raised $34 million in Series A funding. Bain Capital Ventures led the round, and was joined by investors including F-Prime Capital Partners, Maverick Ventures, Bessemer Venture Partners, Ingleside Investors, Rand Capital, Grand Central Tech Ventures and Oxeon Investments.
  • Seeq Corp, a Seattle-based provider of industrial internet of things advanced analytics software, raised $23 million in Series B funding. Altira Group led the round, and was joined by investors including Chevron Technology Venturesnext47, and Second Avenue Partners.
  • Openpath, a Los Angeles-based provider of secure access systems for the modern office, raised $20 million in Series B funding. Emergence Capital led the round.
  • Reali, a San Mateo, Calif.-based real estate app, raised $20 million in Series B funding. Zeev Ventures led the round, and was joined by investors including Signia Venture Partners.
  • K Health, a New York-based primary care app, raised $12.5 million in funding. Investors icnlude Mangrove Capital Partners, Lerer Hippeau, Primary Venture Partners, BoxGroup, Max Ventures, Bessemer Venture Partners and Comcast Ventures.
  • Swim.ai, a San Jose, Calif.-based edge intelligence software firm, raised $11 million in Series B funding. Cambridge Innovation Capital led the round.
  • Fattmerchant, an Orlando, Fla.-based payment technology provider, raised $10.5 million in Series C funding. Fulcrum Equity Partners led the round.
  • Swivel, a San Francisco-based online service where companies can find and design their own plug-and-play workspace, raised $4.75 million in seed funding. First Round Capital led the round, and was joined by investors including Fuel Capital, Correlation Ventures, Great Oaks Venture Capital, Hack VC, Capital Factory, Abstract Ventures, Floodgate and Next Coast Ventures.
  • Kenzie Academy, an Indianapolis-based apprenticeship program that develops modern tech workers, raised $4.2 million seed funding.  ReThink Education led the round.
  • The Ken, an India-based business news site, raised $1.5 million in Series A funding. Omidyar Network led the round.
  • Automation Anywhere, a San Jose, Calif.-based robotic process automation company, raised $250 million in Series A funding. New Enterprise Associates and Goldman Sachs Growth Equity co-led the round and were joined by investors including General Atlantic and World Innovation Lab. Automation Anywhere is valued at $1.8 billion post-money.
  • Califia Farms, a Los Angeles-based plant-based beverage company, raised more than $50 million in funding. Ambrosia Investments led the round and was joined by investors including Sun Pacific and Stripes Group.
  • Arrive Logistics, an Austin, Texas-based freight broker, raised more than $10 million in Series A funding. Lead Edge Capital led the round.
  • Unify Square, a Bellevue, Wash.-based provider of software and cloud managed services for Microsoft Teams and Skype for Business, raised approximately $10 million in Series C funding. PRIMEPULSE SE led the round.
  • Oden Technologies, a New York-based industrial IoT company that provides manufacturing data analytics, raised $10 million in Series A funding. Atomico led the round and was joined by investors including EQT Ventures and Inbox Capital.

DISCLAIMER: Information is provided by 3rd party sources such as AP, Bloomberg, Forbes, Fortune, PR Wire, Reuters, TechCrunch, VentureBeat, Wall Street Journal (WSJ), and other 3rd party sources and is not verified.