Press Clipping
01/09/2019
Article
Pro Rata

Venture Capital Deals
• Onit, a provider of enterprise workflow solutions, has secured $200 million in funding. The investor was K1 Investment Management. http://axios.link/Hp8M

🚙 ClearMotion, a Boston-based company developing a “digital chassis” for cars, has raised $115 million in Series D funding led by Franklin Templeton, with Microsoft, Bridgestone, Qualcomm, World Innovation Lab, NewView Capital, Eileses Capital, and “clients advised by J.P. Morgan Asset Management” also participating. http://axios.link/1Aid

🚑 BrightGene Bio-Medical Technology Co., a China-based biopharmaceutical company, has raised about $80 million in later-stage funding led by Sequoia China and HighLight Capital, with GF Qianhe Investment also participating. http://axios.link/TGGA

• TaxJar, a company that provides businesses with software to automate their sales tax calculations and filing, has raised $60 million in new funding from Insight Venture Partners. http://axios.link/1AGg

🚑 GreenLight Biosciences, a Boston-based developer of RNA-based solutions for agriculture and pharmaceutical applications, has raised $50 million in new funding led by S2G Ventures, Baird Capital and Blue I/O, with Continental Grain Company, Tao Capital Partners, and Alexandria Venture Investments also participating. http://axios.link/hibW

🚑 Cabaletta Bio, a Radnor, Pa.-based biotech startup working on T-cell therapies for B certain autoimmune diseases, has raised $50 million in Series B funding from Deerfield Management Company, Boxer Capital of Tavistock Group, Redmile Group, Cormorant Capital, Adage Capital Management, and 5AM Ventures, among others. http://axios.link/wtqi

• RainFocus, a Lehi, Utah.-based online event marketing platform, has raised $40 million in new funding from JMI Equity. www.rainfocus.com

• Managed By Q, a New York-based startup that provides office management and cleaning services, has added $25 million to its Series C round led by RRE and GV, with DivCo West,Oxford Properties and others also participating. http://axios.link/55gZ

• Olo, a New York-based mobile and online ordering platform for 250 restaurant chains, has raised $18 million in new funding from Tiger Global. http://axios.link/IB90

• Nreal, a China-based company developing augmented reality headsets, has raised $15 million in total funding, including a Series A round from Shunwei, the venture fund that Xiaomi’s founder set up, Baidu’s video streaming unit iQiyi, China Growth Capital and others. http://axios.link/tyOF

• GAN Integrity, a New York-based cloud-based compliance management software, raised $15 million in Series B funding. Aquiline Technology Growth and Edison Partners co-led the round. www.ganintegrity.com

• GeoSpock, a U.K.-based extreme-scale spatial big data integration company, raised £10 million ($12.7 million) in funding from Cambridge Innovation Capital, Parkwalk Advisors, Global Brain,31Ventures, and KDDI Supership among others. www.geospock.com

• Bowery Valuation, a New York-based company building real estate appraisal tools, has raised $12 million in Series A funding from Corigin Ventures, Camber Creek, Navitas Capital, Fika Ventures and Builders. http://axios.link/4W1K

• Yallacompare, a Middle East-based comparison site for financial products, has raised $8 million in funding led by STC Ventures, Wamda Capital and Argo Ventures. http://axios.link/DAjq

• Scape Technologies, a U.K.-based provider of visual positioning services, raised $8 million in seed funding from LocalGlobe, Mosaic Ventures, Fly Ventures and Entrepreneur First. www.scape.io

• LendingFront, a New York-based maker of small business lending software, raised $4 million in Series A funding led by Information Venture Partners, with Newark Venture Partners, Revel Partners,Contour Venture Partners, Struck Capital, ValueStream Ventures and Las Olas VC also participating. www.lendingfront.com

• Carson, a New York-based real estate tech startup for managing unstaffed residential buildings, has raised $3 million in seed funding led by BuildingLink. http://axios.link/DUYI

• Totle, a Detroit-based startup providing an aggregator of so-called “decentralized exchanges” for digital tokens, has raised $1 million in funding led by Arrington XRP, NEO Global Capital (NGC), and Goren Helm Ventures. www.totle.com