Impact Investing Deal Report – May 24, 2017


France-based JobTeaser, and Seattle-based CreativeLive, both novel startups who are addressing workforce education and career-training gaps, were among this past week’s notable investing deals.

JobTeaser – this week’s spotlight (see video above), a provider of a recruitment platform that directly integrates into higher education institutions in Europe and connects students with more than 1,000 partner companies, has raised raised €15 million in venture capital funding.

Source: JobTeaser, education startup based in France.

Students on its platform can get access to professional career guidance and information through about 2,000 informative videos (corporate videos, videos describing job functions, recruitment process videos and more), as well as a selection of more than 6,000 job and internship opportunities.

The platform currently has over 600,000 registered students and over 200 universities in 11 countries including École Polytechnique, ESSEC Business School, and many others. JobTeaser’s work is significant in increasingly digitally-driven and knowledge-based economies. Based in France.

Anaconda Biomed – has raised nearly $17 million in a Series A round for a device it is developing for neurothrombectomy, the surgical removal of a blood clot from a blood vessel in the brain. Based in Barcelona, Spain.

Bulletproof 360 – artisanal coffee-maker, claiming its coffee is free of a substance called mycotoxins from toxic mold that can make consumers ill over time has raised $19 million. Its founder Dave Asprey says about 75% of other brands are full of these mycotoxins and “are affecting the brains and bodies of America’s leaders.” Based in Bellevue, Washington.

Coexca – Chilean pork producer, has raised $12 million in equity funding from the Danish Agribusiness Fund (DAF), thus indirectly backed by the Danish government, the Investment Fund for Developing Countries (IFU), and two of Denmark’s largest pension funds, PensionDanmark and PKA.

Coexca plans to use the funding to help double its current pork production capacity, establish a new pig farm in the Maule Region of Chile, and expand its business.

Source: Creative Live

CreativeLive, this week’s second spotlight, offering streamed classes taught by experts from a variety of disciplines, has secured a new $25 million funding round. “The future is not really about where you went to a four-year school,” founder Chase Jarvis has said. “The future of employment is what do you know, what have you built, and who did you work with, aka, who did you learn from?”

CreativeLive says more than 10 million students have consumed more than 3 billion minutes of video through its online classes. Based in Seattle, Washington with offices in San Francisco, California in the U.S. (see their video below)

EcoIntense – which makes software for safety and sustainability compliance, has raised €22 million from One Peak Partners and Morgan Stanley Expansion Capital. The new funds will be used for the company’s international growth and further product development for its EcoWebDesk SaaS platform, used by its customers to manage health, safety, and environment (HPE) processes and legal compliance requirements. Based in Germany.

Optimatics – a water and wastewater infrastructure planning software provider, has secured an undisclosed venture capital sum from Suez Ventures to help continue its work assisting companies and cities to manage down the operational and rehabilitation costs of aging pipes and equipment. Here’s how Optimatics helped San Diego, California save $19.7 million. Founded in Australia but now headquartered in the U.S.

OrphoMed – a clinical stage biopharmaceutical company, announced the completion of a $39 million Series A financing. The capital will be used to advance the clinical development of OrphoMed’s lead candidate, ORP-101, for the treatment of irritable bowel syndrome with diarrhea (IBS-D). Based in San Francisco, California.

Robocath has raised $5.2 million (EU €4.7 million) in a new round of funding.  Robocath is developing the R-one robotic platform designed to allow the operating physician to remotely control their instruments from a control panel close to the operating table, the company said.  The system includes the company’s R-grasp tool for reproducing hand movement and SecurAccess system designed for stability and security. Based in France.

Other Noteworthy Deal News

Syngenta opens Digital Innovation Lab at the University of Illinois Research Park. The new lab allows students in computer science, biology, physical sciences and other related subjects to apply their specialized expertise and cutting-edge technology to address some of agriculture’s most pressing challenges.

Entrepreneur Tandean Rustandy donates $20 million to University of Chicago to fund its social innovation center.

Peanut Butter gets selected to pitch on Google Demo Day. Peanut Butter administers student loans, a big issue with younger consumers, so employers can attract college-educated talent without adding extra overhead.

The Climate Corporation acquires HydroBio a startup that analyzes weather, soil, and field data via SaaS-driven satellite imagery to assess water usage and crop yields. 

Sanderson Farms continues to use antibiotics in poultry production as other major poultry producers like Tyson Foods, Butterball, and Perdue Farms have pledged to cut back.

The Agrichemicals industry is going through a merger phase, as overall customer demand falls and R&D costs are going up. Farmer fear this will mean they will be forced to use pesticides made by the same firm that produces the seeds they buy.

Consumers report feeling overwhelmed by conflicting information on food and nutrition.

Nestle Waters North America invests $6 million with the Closed Loop Impact Fund, a $100 million social impact investment fund committed to finding a national solution to the recycling gap in the U.S.

Sovereign wealth funds are pouring money into technology and ventures in the U.S., among them Temasek Holdings, Khazanah Nacional and Qatar Investment Authority.


Sources: Crunchbase, TechCrunch, SEC, MobiHealth News, AgFunder, Sovereign Wealth Fund Institute