Iris Dorbian
New York City-based Prevail Therapeutics Inc, a gene therapy company, has promoted Dr. Yong Dai to chief technology officer. Also, the company has named Tim Adams to its board of directors as audit committee chair while Dr. Francois Nader, a member of the board, will expand his role as non-executive chairman. Prevail's backers include OrbiMed, Pontifax Fund, RA Capital Management, EcoR1 Capital, Omega Funds, BVF Partners LP, Boxer Capital LLC, Adage Capital Management LP and Alexandria Venture Investments.
Chicago-based The Small Exchange, a new futures exchange, has secured $10 million in funding. The investors were Citadel Securities and Jump Capital.
Aeneas Capital and Pyrinas are launching a fund that will acquire and develop co-working space and incubator facilities for the life sciences sector in the United States. The target of Pyrinas US Healthcare Real Estate Fund 1 SP is $120 million.
UrbanSitter has acquired Denver-based Sitter Inc, a creator of an app that helps parents to find, book and pay babysitters. No financial terms were disclosed. UrbanSitter's backers include Advance Venture Partners, Canaan Partners, DBL Investors, First Round Capital, Match Group - a division of IAC, Menlo Ventures, Rustic Canyon, Aspect Ventures and A-Grade Investments.
Accel has raised $575 million for its sixth fund that will invest in early-stage companies in Europe and Israel. Headquartered in Palo Alto, California, Accel has offices in San Francisco, London, India and China.
KNOW Bio LLC, a life science company, has raised an undisclosed amount of financing. The backer was Reedy Creek Investments LLC.
KNOW Bio LLC, a life science company, has raised an undisclosed amount of financing. The backer was Reedy Creek Investments LLC.
Austin-based Novi Labs, a developer of AI-driven unconventional well planning software, has raised $7 million in Series A funding. Cottonwood Venture Partners and Bill Wood Ventures led the round.
Halla, food tech company, has secured $1.4 million in seed funding. E&A Venture Capital led the round with participation from SOSV.
Halla, food tech company, has secured $1.4 million in seed funding. E&A Venture Capital led the round with participation from SOSV.