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This week’s family investment deals

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1010 Holdings, the family office of Greg Wyler, has invested in Tarana Wireless, which offers wireless transport solutions. 1010 was one of three investors committing $88 million to the US-based group.

Lightchain, the family office of Rodger Riney, has led a Series B round investment into Arch Oncology. Lightchain was one of four investors committing $50 million to the Australian-based group.

An unknown investment group owned by some of the founders of the huge Chinese internet group Tencent has invested in an educational tech platform called Entangled. The investment group invested alongside TDM Partners, the Hong Kong family office of Carl Lu, in a Series B round worth $15 million in the US group.  

Alexandria Venture Investments, a private investment vehicle of Joel Marcus, has invested Prevail Therapeutics, a US biotech company. Alexandria was one of eleven investors in a Series B round worth $50 million.

Kinnevik, the Swedish investment group owned by the Stenbeck, Klingspor and von Horn families, has invested in MOVEBYBiKE, a Swedish cargo bike delivery company. Kinnevik was one of three investors committing SEK10 million to the group.

Sorenson Ventures, which is linked to the Sorenson family, has invested in NS8, a cybersecurity group. Sorenson was one of seven investors committing $26 million to the US-based group.

Apeiron Investment Group, the family office of Christian Angermayer, has backed a biotech group called ATAI Life Sciences. Apeiron was one of six investors committing $43 million to the US-based group.

Vulcan Capital, which is now owned by Paul Allen’s sister Jody Allen after his death last year, has invested in Revvo Technologies, an AI/machine learning group. Vulcan was one three investors in a Series A round worth $4 million.

Planven Investments, the Swiss-based family office of Carlo De Benedetti, has invested in a media startup called Applicaster. Planven was one of five investors in a Series C round worth $20 million.

Zoma Capital, the investment group owned by Ben Walton, has invested in Mursion, a virtual reality platform. Zoma invested alongside the Schusterman Foundation, a foundation set up by Charles and Lynn Schusterman, and five other investors in a Series A round worth $7 million for the US-based group.

Longboard Capital, an investment office owned by Brett Conrad, has invested in Bitmo, which lets you send a gift card as a text. Longboard along with two other investors seeded Bitmo with $3 million.

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