Staff Writer
Tribeca Venture Partners is expected to begin fundraising for its next early-stage fund in early 2020, a source said.
The Ferment Fund will exclusively support companies that have been spun out from Ginkgo and will benefit from full access to the company’s platform for cell programming.
The pension system will take an opportunistic approach, investing in LP interests in both new and existing funds with its GPs, as well as the funds of GPs with which it does not have relationships, senior investment officer Jonathan Popielarski said.
ElectNext has raised $1.3 million from investors including Brooklyn Bridge Ventures. The company says it aims to provide contextual political data to media properties.
Earlybird Venture Capital has joined Bright Capital and Kite Ventures in backing online fine art and auction house Auctionata. The Berlin-based company has raised $20.2 million for expansion, recruiting and technology development.
Liquid Robotics has raised $45 million in Series E financing, led by Riverwood Capital. Liquid Robotics is a maker of autonomous ocean robots and ocean data services. The funding will go toward development. VantagePoint Capital Partners, an existing investor, also participated.
Citrix Startup Accelerator, Nexus Venture Partners and Trinity Ventures have contributed $2 million in seed financing for security technology startup Armor5. The company is based in Santa Clara, Calif.
True Office, a company that gamifies regulatory and compliance training, has raised $3 million in Series A financing from investors including Rho Ventures, the Partnership for New York City Fund and Contour Venture Partners.
Kitsy Lane, maker of a platform for launching online jewelry and accessories businesses, has raised $3.5 million in Series A financing. Data Point Capital and Longworth Venture Partners led the round. Existing investor Point Judith Capital contributed. Data Point Capital's Scott Savitz joins the company’s board.
Roam & Wander Ltd., a children's entertainment studio based in Hong Kong and Taipei, inked an undisclosed amount of Series A financing from venture firms WI Harper and TMI. Roam & Wander is focused on connecting software, devices and toys for kids ages 2 to 6.