Recorded Future, GreenBytes, Seahorse, & More Boston-Area Dealmakers
We saw plenty of deals coming out of local cleantech, IT, life sciences, and electronics startups.
—Last week Cambridge, MA-based Recorded Future raised a $12 million venture financing round from Balderton Capital, Google Ventures, Atlas Venture, and In-Q-Tel. The startup’s software scours information on the Web to answer questions on subjects from civil unrest to the stock market.
—Seahorse Bisciences, a North Billerica, MA-based maker of equipment for biomedical research and drug discovery, raised $9.4 million in equity- and options-based funding, an SEC filing shows.
—Ashaway, RI-based data storage company GreenBytes nabbed $12 million in a Series B financing led by Al Gore-co-founded Generation Investment Management. The deal also included Battery Ventures and GreenBytes management.
—Visterra, a Cambridge-based startup developing treatments for infectious diseases, inked a $12.9 million equity- and options-based investment from eight investors, according to an SEC filing.
—Qualtre, a maker of inertial sensors for consumer and industrial electronics, raised another $10 million in funding from Matrix Partners and Pilot House Ventures, with debt financing from Eastward Capital Partners. The Marlborough, MA-based firm will use the funding to expand its gyroscope technology to other consumer and industrial applications.
—Khosla Ventures led a Series B round for Cambridge-based Liquid Metal Battery that was joined by return investors Bill Gates and the energy company Total. Read more about the startup’s energy storage technology here.