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Finance

Today’s deals: Battery-powered bus co. raises $30 million

By
Dan Primack
Dan Primack
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By
Dan Primack
Dan Primack
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June 20, 2014, 10:15 AM ET
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Venture Capital Deals

Proterra Inc., a Greenville, S.C.-based manufacturer of battery-powered electric buses, has raised $30 million in fourth-round funding co-led by return backers Kleiner Perkins Caufield & Byers and GM Ventures. The company now has raised more than $180 million in total VC funding. www.proterra.com

JHL Biotech Inc.
, a Taiwan-based developer of biosimilar monoclonal antibodies, has raised $35 million in Series B funding. Milestone Capital led the round, and was joined by President International Development Corp., Fubon Financial Holdings, Taishin Financial Holdings, TaiAn Technologies, Hotung Group, Dr. Allen Chao (founder of Watson Pharmaceuticals) and return backers China Development Industrial Bank, Biomark Capital and Kleiner Perkins Caufield & Byers. www.jhlbiotech.com

Namely
, a New York-based human capital management platform in the cloud, has raised $4.7 million in second-round funding. Return backers include True Ventures, Lerer Ventures, Bullpen Capital and VaynerRSE, www.namely.com

Pixability
, a Boston-based provider of YouTube marketing software, has raised $4 million in new Series B funding led by Point Judith Capital. The round now stands at a total of $8.1 million, including commitments from Quad/Graphics Inc. (NYSE: QUAD) and Progress Ventures. www.pixability.com

Rant Media Network Inc
., a Downers Grove, Ill.-based sports conent platform, has raised $4 million in new VC funding at a $50 million pre-money valuation, according to VentureWire. Southpaw Asset Management and Craig Dubow (ex-CEO of Gannett Co.) were joined on the deal by return backers Hudson Bay Capital and Roth Capital. www.rantsports.com

Sidecar
, a Philadelphia-based provider of big data marketing solutions for ecommerce companies, has raised $3.1 million in new VC funding. Osage Venture Partners led the round, and was joined by return backers NextStage Capital, Innovation Ventures, Gabriel Investments, Ben Franklin Technology Partners, Mid-Atlantic Angel Group, Robinhood Ventures and ARC Angel Group. www.getsidecar.com

Private Equity Deals

Banco Santander has agreed to sell a 50% stake in its €975 million securities custody business to an investor group led by Warburg Pincus. The deal is expected to close in Q4. Other investors on the deal include Temasek. www.santander.com

Genstar Capital has agreed to acquire Asset International Inc., a Stamford, Conn.–based provider of data, information and marketing solutions to the global asset management industry.  No financial terms were disclosed. Sellers include Austin Ventures and Tritium Partners. www.assetinternational.com

IPOs

Eclipse Resources Corp., an oil and gas exploration and production company focused on the Appalachian Basin, raised $818 million in its IPO. The company priced 30.3 million shares at $27 per share (low end of $27-$30 per share range), for an initial market cap of $4.32 billion. It will trade on the NYSE under ticker symbol ECR, while Citigroup, Goldman Sachs and Morgan Stanley led a group of 14 underwriters. Shareholders include EnCap Investments. www.eclipseresources.com

Independence Contract Drilling
, a Houston, Texas-based provider of land-based contract drilling services for oil and natural gas producers targeting unconventional resource plays in the U.S., has filed for a $172.5 million IPO. It plans to trade on the NYSE under ticker symbol ICD, with Morgan Stanley and Barclays serving as lead underwriters. Shareholders include Sprott Resource Corp. (TSX: SCP), 4D Global Energy Advisors, Lime Rock Partners and the Northwestern Mutual Life Insurance Co.www.icdrilling.com

Kite Pharma, a Los Angeles-based developer of targeted immunotherapies for cancer, raised $128 million in its IPO. The pre-revenue company priced 7.5 million shares at $17 per share, compared to original plans to offer 6 million shares at between $12 and $14 per share. It will trade on the Nasdaq under ticker symbol KITE, with Jefferies, Credit Suisse and Cowen & Co. serving as lead underwriters. Kite Pharma has raised around $35 million in VC funding from David Bonderman (9.2% pre-IPO stake), Pontifax (8.5%), Alta Partners (8.3%) and Commercial Street Capital (7.3%). Its initial market cap is $632 million. www.kitepharma.com

Innocoll GmbH
, an Ireland-based developer of biodegradable surgical implants, has filed for an $86.25 million IPO. It plans to trade on the Nasdaq under ticker symbol INNL, with Piper Jaffray and Stifel serving as lead underwriters. Shareholders include Cam Investment *(28.7% pre-IPO stake), Morgan Stanley (23.6%), NewSmith Opportunities Private Equity Fund (12.7%) and ACL Investments (8%).www.innocollinc.com

Mobileye, a Dutch developer of vision-based driver assistance systems for the automotive industry, has filed for a $100 million IPO. It plans to trade on the NYSE under ticker symbol MBLY, with Goldman Sachs and Morgan Stanley serving as lead underwriters. The company reports $20 million in net income on $81 million in revenue for 2013, compared to a $53,000 net loss on $40 million in revenue for 2012. Last summer, the company raised $400 million at a $1.5 billion pre-money valuation from unidentified financial investors. Based on the filing, it would seem those backers include Goldman Sachs (17.5% pre-IPO stake), Fidelity Investments (7.8%), Enterprise Holdings (7.1%) and Blackrock (5.7%). www.mobileye.com

VTTI Energy Partners LP, a UK-based owner and operator of crude oil and refined product terminals, has filed for a $420 million IPO. It plans to trade on the NYSE under ticker symbol VTTI, with Citigroup and J.P. Morgan serving as lead underwriters. The company was formed by Vitol Tank Terminals International. www.vtti.com

M&A

Blippar, a UK-basedShire (LSE: SHP), an Irish pharmaceuticals company, has rejected a $6 billion buyout offer from Chicago-based drug-maker AbbVie (NYSE: ABBV), which had been viewing the deal as a tax inversion play. Read more at Fortune.

Siemens AG and Mitsubishi Heavy Industries today said they have raised their joint bid for French engineering giant Alstom SA by another €1.2 billion in cash. Read more at Fortune.

TE Connectivity Ltd. (NYSE: TEL) has agreed to acquire Measurement Specialties Inc. (Nasdaq: MEAS) for approximately $1.7 billion (including the assumption of debt), or $86 per share in cash (10.25% premium). Measurement Specialties is a Hampton, Va.-based maker of sensor-based systems for OEMs. www.meas-spec.com

EXFO Inc. (Nasdaq: EXFO) has acquired the assets of Aito Technologies, a Finland-based provider of customer experience analytics for mobile network operators. No financial terms were disclosed. Aito had raised more than $3 million in VC funding from Conor Venture Partners and Creandum.www.exfo.com

Twitter (NYSE: TWTR) has agreed to acquire SnappyTV, a San Francisco-based cloud platform for video clip live editing, clipping and sharing. No financial terms were disclosed. SnappyTV had been seeded by Great Oaks Venture Capital, Freestyle Capital and Transmedia Capital. Read more at Fortune.

Sign up for Dan Primack’s daily email newsletter on deals and deal-makers: GetTermSheet.com

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