EDINBURGH, Scotland, November 12, 2019-- pureLiFi, the leading LiFi technology company today announces it has completed a $18M Series B fundraise to provide LiFi technology to mass-market mobile device and lighting manufacturers. The funding round includes Temasek, an investment company headquartered in Singapore, and the Scottish Investment Bank. The investment will allow the company to further develop Gigabit LiFi components and make them available in form factors ready for mobile device integration. The firm announced their move from LiFi systems to components at Mobile World Congress in February where they demonstrated new Gigabit LiFi integrated into a laptop.
CHICAGO, November 12, 2019-- Apervita, the leading platform for value-based collaboration in healthcare, today announced that it secured $22 million in incremental investment to further accelerate its growth. The announcement comes on the heels of the merger between Apervita and Qcentive and the appointment of industry veteran Kevin Hutchinson as CEO, both of which occurred in the third quarter of 2019. "I'm thrilled to have partnered with our board of directors and current investors to secure the necessary capital for this next phase of Apervita," Hutchinson said.
Michael Sabia, president and chief executive of the Caisse de depot et placement du Quebec (CDPQ), Canada's second largest pension fund, will step down earlier than planned to take the helm of the University of Toronto's global affairs program, the fund and university said on Tuesday.
CHICAGO and FORT WORTH, Texas, November 12, 2019-- Actuate Therapeutics, Inc., a clinical stage biopharmaceutical company, today announced it has raised an additional $6.5M in a Series B-3 financing round. This Series B-3 was led by Bios Partners with Kairos Ventures, DEFTA Partners, and other existing investors participating, and brings total funding for Actuate's Series B round to over $28.2M. Actuate will use the proceeds of the financing to initiate a Phase 2 clinical trial in myelofibrosis and expand the company's ongoing 1801 clinical trial to include an arm for treating patients with a combination of 9-ING-41 with irinotecan.
Shares jumped 6% after Bloomberg report that Walgreens Boots Alliance received buyout from KKRWalgreens Boots Alliance, which owns Walgreens and Duane Reade in the US, Boots in the UK, operates in 25 countries and has over 415,000 employees. Photograph: John Minchillo/APThe global drugstore chain Walgreens Boots Alliance has reportedly received a buyout offer from the private equity group KKR - if successful, the deal would be the biggest private equity transaction on record.Shares in Walgreens Boots Alliance rose 6% on Monday after Bloomberg reported news of the deal.
CHADDS FORD, Pa., November 12, 2019-- MOBILion Systems, Inc., a life science company developing an advanced analytical instrument platform that efficiently identifies the most challenging molecules to accelerate biologic drug development and improve diagnostic insights, today announced they raised $15.4 million in Series A financing. MOBILion, led by chief executive officer Melissa Sherman, PhD, intends to use the funds to support the development of their patented ion mobility separations technology, called Structures for Lossless Ion Manipulation (SLIM). This technology delivers unprecedented high-resolution, high-throughput analysis to the pharmaceutical industry to significantly enhance the characterization of biologic therapeutics and accelerate biomarker discovery.
$150M Series E Funding Fuels Acv Auctions' Continued Investment In Its Marketplace Products And Footprint
$150M Series E Funding Fuels ACV Auctions' Continued Investment In Its Marketplace Products and Footprint BUFFALO, N.Y., November 12, 2019-- ACV Auctions Inc., the leading dealer-to-dealer, online automotive marketplace, today announced it secured $150 million in Series E funding. The investment was led by Wellington Management Company and Fidelity Management & Research Co. and included existing investors such as Bain Capital Ventures, Bessemer Venture Partners and Tribeca Venture Partners. The company is committed to being the most trusted way for dealers to buy and sell used vehicles.
Insurtech startup Quantemplate just raised $12 million in a Series B funding round. Quantemplate offers a cloud-based platform for data management and analysis. The startup has raised more than $25 million, and plans to use this funding for continued growth in the reinsurance (insurance for insurers) space. In the first three quarters of 2019, VCs invested $4.4 billion into startups looking to put a tech spin on the insurance industry, according to Willis Towers Watson. Check out the entire Pitch Deck Library here.
MONTREAL, Nov. 12, 2019 /CNW Telbec/ - BTB Real Estate Investment Trust (TSX:BTB) ("BTB" or the "Trust") releases today its financial results for the third quarter ended September 30, 2019, and presents the following highlights: The Trust owns 66 properties containing approximately 5.7 million square feet. The total asset value of the Trust is $905 million and its market capitalization is $295 million. "We are proud of our strong third quarter performance. For the first time in the last three quarters, our FFO ratio is back under 100%.
A New Jersey-based real estate investor buys two buildings in the Deerfield Corporate Office Park. : CBRE Group Inc. brokers based in Miami closed the $27.65 million sale of two buildings at the Deerfield Corporate Office Park. Lidia Dinkova covers South Florida real estate for the Daily Business Review. Contact her at LDinkova@alm.com or 305-347-6665. On Twitter @LidiaDinkova. Cheryl Miller tracks law firm cannabis practices and clears the haze around the biggest legal issues. Sign up for the weekly Higher Law newsletter. Address: 326 Minnesota St. in Hollywood Property type: This is the Shell-On-The-Beach motel.