Welcome to the VC Roundup, where we’ll parse through venture capital news related to Philadelphia-based private equity firms and the companies they fund. Subscribe to the roundup as an email newsletter. If you have any VC-related news to pass along to us, please drop us a line.
TechCrunch reports that True&Co, which helps women find perfect-fitting bras using advanced algorithms, raised $2 million in seed funding from First Round Capital, SoftTech, Aileen Lee and Ellen Levy. First Round Managing Partner Josh Kopelman joined the company’s advisory board.
Finally, the firm was part of a $4.1 million funding round in Civitas Learning.
MIGHT BE WORTH YOUR TIME
Safeguard Scientifics has added Keith B. Jarrett to its board, the Inquirer reports.
KeystoneEdge tips off a story about Philadelphia-based venture capital firms Meidlinger Partners and Enertech Capital, which have invested more than $400 million in water management technologies.
GIVE A GLANCE
Private Equity firm Patriot Financial Partners has brought on two senior-level executives, according to a report from the Philadelphia Business Journal. The firm invests in community banks and other financial service companies.-30-