The Funding Box provides the latest stories about the startup and venture capital world. Here’s a list of the top startup funding and venture capital stories:
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Ribbit Capital, a Palo Alto-based financial services investor, has raised its fifth fintech fund. The target size of the company is $420 million, according to its recent SEC filing. No funds have been raised, yet. The company’s investors include Silicon Valley Bank, Spanish banking group Banco Bilbao Vizcaya Argentina SA, and numerous high-net-worth individuals.
Cocos-BCX, a blockchain game development platform, has raised $40 million in its latest financing round. The company’s investors include top blockchain funds and investors in the market. These include NEO Global Capital, Binance Labs, 500 Startups, and more. The newly raised capital will allow the company to fuel the development of its new gaming platform as well as support its ongoing expansion program.
Cibolo Energy Management, LLC, a Houston-based private equity firm, has announced that it has closed Cibolo Energy Partners I, L.P., at $245 million. Cibolo is an energy-focused, private equity firm that provides growth-oriented credit solutions to middle market upstream and midstream companies seeking credit alternatives to finance growth via acquisition or accelerated development capital, according to Oil and Gas Investors. Currently, the company manages over $300 million of committed capital.
Seven Peaks Ventures, an Oregon-based early-stage venture capital firm, has announced that it has closed its second fund, at $28 million. Investors in this new fund include the State of Oregon, OSU Foundation, and other institutions and partners that have committed capital to Seven Peaks Ventures II. The new funds will be used to fuel the growth of early-stage technology startups in the Pacific Northwest region as well as the Western U.S region.
Endotronix, Inc., an Illinois-based digital health, MedTech company, has raised $45 million in its Series D financing round. LSP, investing from its LSP Health Economics Fund 2, led this latest funding round with some participation from Seroba Life Sciences, BioVentures Investors, SV Health Investors, Aperture Venture Partners, OSF Ventures, Lumira Ventures, Wanxiang Healthcare Investments, and an unnamed strategic investor. The company intends to use the new capital for the continued development and commercialization of its healthcare product platform.
Glasswall Solutions, a London-based file regeneration technology company, has announced that it has closed a £15 million strategic funding round this week. UK entrepreneur and philanthropist Michael Spencer led this latest funding round. The funding was made through IPGL, Spencer’s personal investment firm. The new funds will be used to continue the development of its portfolio of Glasswall FileTrust™ products, according to Global Banking & Finance Review.