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Employee Benefits Health Care Information Services Information Technology North America

Lyra Health Raises $200M in Funding

– Lyra Health is a provider of comprehensive mental health care benefits for multinational companies.
– The company raised $200m in funding.
– The round was led by Coatue joined by new investor Sands Capital, along with existing investors.
– The new investment will be used to accelerate the delivery of its benefits for companies with employees located around the world and enhance its international solutions.

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Delivery Health Care Hospital North America

The Pill Club takes on primary care with $41.9M in fresh funding

– The Pill Club, a birth control prescription and delivery service, raised $41.9m in Series B extension funding.
– The round was led by Base 10 and joined by existing investors, including ACME, GV, Shasta Ventures and VMG, as well as new investors, including Uber’s Dara Khosrowshahi and Honey’s George Ruan and iGlobe.
– The extension round comes over two years after the company announced its initial Series B investment, a $51m financing.
– The company declined to provide its latest valuation, other than saying that the extension was an up-round.

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Artificial Intelligence Information Technology North America

Myota Announces $3.65M Series A2 Funding

– Myota, an information security and cyber resilience SaaS platform provider, announced a $3.65m Series A2.
– The investment is led by PACA Ventures.
– The company is focused upon providing businesses with the assurance of cyber resilience through its methodologies for data dispersion and information security.

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Apps B2B Consumer Research CRM Health Care Market Research North America

Thrivable Raises $1.7M in Funding

– Thrivable from Cleveland, OH, closed $1.7M in funding.
– The round was led by Allos Ventures, JumpStart, North Coast Ventures, and Early Light Ventures.
– The company intends to use the funds to expand its global team of full-time employees with a focus on the areas of technology, research, data science, sales, and marketing.

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Consumer Electronics North America Recycling Waste Management

ecoATM Gazelle Raises $75M in Funding

– ecoATM Gazelle is a global smartphone and mobile device re-commerce company.
– The company raised $75M in funding.
– The round was led by Cowen Sustainable Advisors.
– The company intends to use the funds to build and deploy thousands of automated retail fulfillment kiosks across the US, Europe and Asia, accelerate deployment of AI-enabled omni-channel mobile, web, and fintech retail product extensions, support new market launches with increased multi-channel marketing campaigns and operational investments.

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Financial Services Western Europe

Ophelos Raises $2.3M in Funding

– Ophelos from London UK-based debt management platform company.
– The round was led by Connect Ventures and Fly Ventures.
– The company intends to use the funds to continue development on its platform and scale the engineering and customer operations teams.

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Augmented Reality Computer Construction Hardware Western Europe

XYZ Reality Raises £20M in Series A Funding

– XYZ Reality, a London, UK-based engineering-grade augmented reality company, raised £20m in Series A funding.
– The round was led by Octopus Ventures.
– The company intends to use the funds to prepare HoloSite’s commercial launch in the USA, continue investment in strengthening research and development, and grow its London team to include key hires across technology, manufacturing, sales and marketing.

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Delivery E-Commerce Shipping Software Transportation Western Europe

Scurri Closes €9M Funding Round

– Scurri is a Wexford, Ireland-based eCommerce ordering, shipping and delivery process software provider.
– The company raised €9M in funding.
– The round was led by Gresham House Ventures with participation from existing investors family offices represented by Millview advisory, Pa Nolan and others.
– The new investment will be used to accelerate the company’s growth in the UK market.

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E-Commerce Fashion Jewelry North America

Finley Grabs $3M Seed Round

– Finley, a debt capital raise and management solution, has announced a $3m seed round led by Matt Harris and Kevin Zhang of Bain Capital Ventures, with participation from Haystack, Nine Four Ventures, TwentyTwo VC, and Y Combinator.
– The company’s software helps growing companies automate due diligence, ensure compliance, and streamline ongoing reporting with their capital providers.

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Digital Marketing Information Services Information Technology North America

Hello Alice Raises $21M in Series B Funding

– Hello Alice is a machine learning platform connecting small business owners to capital, networks and business services.
– Series B funding raised $21m.
– The round was led by QED Investors with participation from Backstage Capital, Blue Ivy, Cathie Reid, BCO Venture Fund, Belle Capital, Jacki Zehner, Jake Hastings, Harbert Growth Partners, How Women Invest, Golden Seeds, Green Book Ventures, Jean Case, Lovell Family, Ring Fund, Shatter Fund, Signia Venture Partners and Silicon Valley Bank.
– The company intends to use the funds to enhance the predictive capabilities on its platform to further personalized learning paths and launch a mobile application.

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Industrial Nanotechnology North America

Moleaer Closes $9M Series B Funding

– Moleaer, a nanobubble technology company, closed a $9M Series B funding.
– The round was led by S2G Ventures’ Oceans and Seafood Fund and joined by existing investors, ADM Capital’s Cibus Enterprise Fund and Energy Innovation Capital.
– The new investment will be used to expand global commercial and manufacturing operations, advance the company’s research and development of new nanobubble applications, and introduce new service offerings, including equipment and water quality monitoring and nanobubbles-as-a-service (NaaS).

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Biotechnology Therapeutics Western Europe

Alentis Therapeutics Raises $67M in Series B Financing

– Alentis Therapeutics from Basel develops new treatments for fibrotic diseases.
– The company raised $67m in Series B financing round.
– The round was led by Morningside Venture Investments, joined by Jeito Capital and Series A investors BioMed Partners, BB Pureos Bioventures, Bpifrance through its InnoBio 2 fund, High-Tech Gründerfonds and Schroders Capital.
– The new investment will be used to support the company’s drug discovery programs targeting other fibrotic diseases and hepatobiliary cancers.

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Computer Software South Asia

SimpliContract Raises $1.8M in Seed Funding

– SimpliContract is a Bengaluru, India-based AI and SaaS-based contract lifecycle management (CLM) platform.
– The company raised $1.8M in seed funding.
– The round was led by Kalaari Capital with participation from Picus Capital, Arka Ventures, and Digital Sparrow Capital.
– The new investment will be used to expand the company’s engineering, AI research, and marketing efforts.

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Cyber Security Developer Platform Developer Tools Information Technology Network Security Western Europe

Immersive Labs Raises $75M in Series C Funding

– Immersive Labs from Bristol is a company provider of a platform for organizations to measure and improve cybersecurity skills across technical and non-technical teams.
– The company closed $75m Series C funding round led by new investors Insight Partners alongside Menlo Ventures, Citi Ventures and existing investor Goldman Sachs Asset Management.
– The investment will be used to expand the company’s international presence, tripling global headcount to 600 over the next two years and establishing operations in new regions throughout APAC and Europe.

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E-Commerce Ticketing Western Europe

TicketSwap Raises $10M in Funding

– TicketSwap, an Amsterdam-based online marketplace for buying and selling tickets, raised $10m in funding.
– The round was led by Million Monkeys.
– The company intends to use the funds to accelerate growth, add new features for its users, and expand to new markets.

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Biotechnology North America

Cirona Labs Raises $1.5M In Seed Funding

– Cirona Labs, a Geneva, NY based premier innovator in cannabinoids and other functional botanical ingredient manufacturing, closed a $1.5m seed funding round.
– The round was led by LiDestri Food & Drink, BevSource, and Sweetener Supply.
– The company intends to use the funds to further expand research and development, facilities, and team, grow its business reach and build relationships with existing brands.

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Pharmaceutical Western Europe

Actimed Therapeutics Closes £2.5M Extended Seed B Funding Round

– Actimed Therapeutics Ltd, a London, UK-based clinical stage company focused on bringing innovation to the treatment of muscle wasting disorders, with a focus on cachexia, closed its extended Seed B financing round.
– The proceeds will allow the company to further advance the development of its lead compound, S-pindolol (ACM-001.1), for cancer cachexia, by performing a Pharmacokinetic (PK) and Pharmacodynamic (PD) study due to start later this year.

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Fitness Health Care North America Wellness

Framework Raises $3M in Seed Funding

– Framework, a NYC-based platform designed to help health and wellness businesses create branded virtual wellness programs, emerged from stealth with $3m in seed funding.
– The round was led by True Ventures with participation from Uprising, Clay Point Investors, and LookingGlass.
– The company intends to use the funds expand operations, its development efforts, business reach, supporting health and wellness experts in scaling their impact.

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Hospitality Information Technology Internet North America Restaurants SaaS Software

Popmenu Raises $65M Funding Round Led by Tiger Global to Accelerate A.I.-Powered Digital Solution for Restaurants

– Popmenu announced a $65m Series C funding round.
– The round was led by Tiger Global Management and includes participation from new investor Salesforce Ventures and existing investors Bedrock Capital, Base10, and Felicis Ventures.
– Popmenu plans to use the funding to accelerate development of its all-in-one solution, Popmenu Max, that builds on patented menu technology and includes A.I.-powered features to help restaurants around the world attract, engage, transact with, and re-market to guests more efficiently than ever before.

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Eastern Asia Health Care

Heartseed Raises $37 Million in Series C Funding to Accelerate Development of iPSC-derived Stem Cell Therapy for Heart Failure

– Heartseed, a Tokyo-based biotechnology company developing iPSC-derived cardiomyocytes for heart failure (HF), announced it has raised 4 Billion-yen (approx. $37 Million) at Series C round, bringing its total financial backing to 8.2 Billion yen (approx. $75 Million) since its foundation in 2015.
– New investors are UTokyo Innovation Platform Co. (UTokyo IPC), Medical Incubator Japan, Keio Innovation Initiative (KII), and Sumitomo Mitsui Trust Investment. Among the existing investors, SBI Group, Nissay Capital, SMBC Capital, Medipal Holdings, and Itochu Chemical Frontier participated in this round.

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Beauty Marketplace SaaS Scheduling Small and Medium Businesses Western Europe

General Atlantic Leads $100 Million Investment in Fresha, Leading Global Beauty and Wellness Platform, to Fuel Continued Growth

– Fresha announced a $100m Series C investment led by General Atlantic with strategic participation from Huda Kattan of HB Investments and the founder of Huda Beauty, as well as Michael Zeisser of FMZ Ventures, former Chairman Investments at Alibaba Group, and Jonathan Green of Lugard Road Capital.
– Fresha’s existing global investors Partech, Target Global and FJ Labs also participated in the round, bringing the company’s total fundraising to $132m to date.
– Fresha will leverage the new funds to further broaden its global community of partner salons and spas, scale product development, deepen its marketplace bookings and pursue strategic M&A.

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Financial Exchanges FinTech Sports Western Europe

Smarkets Raises in Series B Funding

– Smarkets is a London UK-based provider of a betting exchange and prediction market platform.
– The company raised $30m in Series B funding.
– The round was led by Susquehanna Growth Equity (SGE), which joined existing investors Passion Capital and Deutsche Telekom.
– The new investment will be used to bolster SBK’s position in the UK mainstream betting market after its launch in August 2019, expand its reach in European countries, and accelerate its rollout in the US.

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Eastern Asia Online Media

Forkast Raises $1.7M in Seed Funding

– Forkast, a Hong Kong-based blockchain-focused multimedia platform, raised $1.7M in seed funding.
– The round was led by AMTD Group, Fenbushi Capital, Alibaba Hong Kong Entrepreneurs Fund, Animoca Brands, Longling Capital, CMCC Global and Sora Ventures.
– The company intends to use the funds to enhance its digital story-telling capabilities led by video, expand its current team and invest in innovative content creation technologies that deepen engagement with a global audience.

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Big Data Cloud Data Services Data Integration North America Open Source Software

Prefect Technologies Raises $32M in Series B Funding

– Prefect Technologies Inc. from Washington DC-based dataflow automation company.
– Series B $32m round led by Tiger Global with participation from new investor Bessemer Venture Partners, existing investor Positive Sum and others.
– The company plans to use the funds to further develop its dataflow automation platform, build out its team, and proactively execute its product-led growth strategy.

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Information Technology Legal Legal Tech North America Software

Proxifile Raises $2.3M in Funding

– Proxifile is a San Francisco CA-based service platform for businesses and individuals to navigate financial and property recovery claims.
– The company raised $2.3m in funding.
– The round was led by Reid Hoffman (founder of LinkedIn), Andy Cohen (SVP of Sales from Bill.com), Matt Humphrey (CEO of LendingHome), Harvey Golub (former CEO of American Express), Lloyd Lobo (founder of Boast.ai), and Launchpad Capital (Founder, Ryan Gilbert).
– The company intends to use the funds to grow its bankruptcy claims offering from Beta into a nationwide rollout and begin its expansion into property claims for individual owners and managers.

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Career Planning Education Employment North America Recruiting

Pathrise Raises $9M in Series A Funding

– Pathrise, a San Francisco, CA-based online mentorship and job placement platform for tech professionals, secured $9m in Series A Funding.
– The round was led by Learn Capital and also included Western Technology Investment and Day One Ventures and existing investors K50 Ventures, Y Combinator, and GoAhead Ventures.
– The new investment will be used to develop its proprietary platform which manages mentor matching, job searching and resource recommendation, recruitment and onboarding of mentors, refine scholarship systems, create affordable income share agreements and other financial innovations to improve accessibility of the program.

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Aerospace Innovation Management North America Space Travel

Phase Four Raises $26m Series B led by New Science Ventures

– Phase Four announced a $26m Series B investment round.
– The round was led by New Science Ventures LLC.
– The new capital follows a year of significant growth for Phase Four.
– NSV is a leading venture capital firm focused on building companies that leverage breakthrough science to create extraordinary value.

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Events Meeting Software Social Network Video Conferencing Western Europe

Hopin Receives Investment from LinkedIn

– Hopin from London develops a virtual and hybrid experiences platform.
– The company received an investment from LinkedIn via a Series C secondary round.
– The amount of the deal was not disclosed.
– The company will use this capital to continue investing in the development of its platform technologies in areas such as video and mobile.

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Mobile Apps Real Estate Software Western Europe

Lofti Secures $1.5M Seed Funding Round

– Lofti, a London, UK-based property management platform for tenants, homeowners and landlords, raised $1.5m in seed funding.
– Taiwanese family office fund WoodJC made the investment.
– The company intends to use the funds to expand its services across the UK, further grow its team and develop its community hub.

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Food Production North America

Blu Oceans Barns Raises $5M in Seed Funding

– Blue Oceans Barns, a Kailua Kona, HI-based producer of red seaweed, raised $5M in seed funding.
– The round was led by Valor Siren Ventures.
– The company intends to use the funds to expand its farming operations as it readies for commercial sale of its seaweed-based cattle supplement.

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Health Care Hospital Medical Device North America

Owl Peak Lab Closes $1.5M in Seed Funding

– Owl Peak Lab is a Charlottesville VA-based company focused on developing screening solutions to detect colorectal cancer.
– The company raised $1.5M in seed funding.
– The round was led by undisclosed investors.
– The new investment will be used to further develop novel imaging technology to detect anomalies of the gastrointestinal tract at the earliest stage and to invest in its Artificial Intelligence platform to aid in early detection.

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Computer Software North Africa and the Middle East

Komodor Launches out of Stealth with $25Million to Redefine Kubernetes Troubleshooting

– Komodor announced a $21m Series A funding round led by Accel, with follow-up angel investments from Jason Warner, CTO of GitHub; Sri Viswanath, CTO of Atlassian; Danny Grander, Co-Founder of Snyk; Tomer Levy, CEO of Logz.io; Amir Jerbi, Co-Founder of Aqua Security and others.
– The company previously raised $4m in seed funding from NFX Capital, Pitango First, and OldSlip Group.
– Komodor is the first platform to streamline Kubernetes troubleshooting by offering a unified view of all events across the entire Kubernetes stack, providing developers, operations, and on-call teams with the context and the actionable insights they need to solve issues efficiently and independently.

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E-Commerce Finance FinTech Payments Western Europe

Fintech giant Klarna raises $639M at a $45.6B valuation amid ‘massive momentum’ in the US

– European fintech giant Klarna raised $639m funding.
– The round was led by SoftBank’s Vision Fund 2 and joined by existing investors Adit Ventures, Honeycomb Asset Management and WestCap Group.
– The company has a post-money valuation of $45.6 billion.
– It plans to use the new capital to continue to grow in the U.S. and globally.

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Bitcoin Blockchain Cryptocurrency Cyber Security SaaS Western Europe

Ledger completes a $380 million Series C fundraising valuing the company at more than $1.5 billion, to strengthen its position as the leading secure gateway to digital assets

– Ledger announced a $380m Series C round.
– The round was led by 10T Holdings with strong support from existing investors including Cathay Innovation, Draper Esprit, Draper Associates, Draper Dragon, DCG, Korelya Capital, and Wicklow Capital and other newcomers including Tekne Capital, Uphold Ventures, Felix Capital, Inherent, Financière Agache (Groupe Arnault), and iAngels Technologies.
– Ledger has an implied valuation of more than $1.5bn, marking its rapid and accelerating growth.
– Ledger is the market leading secure gateway for investors looking to access the world of digital assets securely.

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Health Care Information Technology North America Software

Transcarent Raises $58 Million in Series B Funding to Accelerate Consumer-Directed Health and Care Experience for Self-Insured Employers

– Transcarent, a new and different consumer-directed health and care experience for employees of self-insured employers and their families, announced a $58m Series B investment led by General Catalyst and 7wireVentures, with participation from Merck Global Health Innovation Fund, Kleiner Perkins, Leaps by Bayer, GreatPoint Ventures, and Threshold Ventures along with existing investors Alta Partners and Jove Equity Partners.
– This round brings Transcarent’s total funding to $98m and will allow the company to respond to the demand for rapid expansion of its innovative risk-based offering for self-insured employers.

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Biotechnology Health Care North America Therapeutics

Kurome Therapeutics Closes $15 Million Series A Financing to Develop Targeted Kinase Inhibitors for Treatment of Hematopoietic Cancers

– Kurome Therapeutics announced the closing of a $15m Series A financing.
– The round was co-led by Medicxi and Affinity Asset Advisors with participation from founding investor CincyTech, and other existing seed investors.
– The funding will support the pre-clinical advancement of dual IRAK1/4 and panFLT3 inhibitors to target cancer cells that evade the effects of both targeted therapy and chemotherapy drugs via adaptive resistance mechanisms, having co-opted IRAK1/4-mediated immune signaling pathways to survive.
– The biology being currently investigated was discovered by Daniel Starczynowski, PhD, who is Principal investigator and Co-Leader, Hematologic Malignancies Program at Cincinnati Children’s Cancer and Blood Diseases Institute, and a leading expert in IRAK 1/4 signaling pathways in cancer.

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Biopharma Biotechnology North America Pharmaceutical

Onchilles Pharma Raises $7 Million Series A to Advance Drug Candidates to Activate Newly Discovered Broad-Acting Anticancer Pathway

– Onchilles Pharma announced a $7m Series A financing from LYZZ Capital and includes a $500k investment from the University of Chicago’s Startup Investment Fund.
– The proceeds of the financing will be used to develop first-in-class therapeutics to activate a novel pathway of the innate immune system with potential for universal anti-cancer activity, independent of genetic mutation.
– Research published in today’s issue of Cell is the first to describe this pathway where human neutrophils release catalytically active neutrophil elastase, called ELANE, to selectively kill many cancer cell types while sparing non-cancer cells.
– ELANE is an entirely new treatment paradigm with the potential to have broad and selective cancer killing activity regardless of genetic mutation or anatomical origin.

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Accounting E-Commerce FinTech Small and Medium Businesses Software Southeast Asia

Osome raises $16M to automate repetitive accounting tasks

– AI-powered accounting platform Osome announced that it raised $16 million in a series A funding round.
– The company plans to put the proceeds, which bring its total raised to over $24 million, toward expanding its footprint internationally and building new product integrations.
– Studies show that the vast majority of day-to-day accounting tasks can be automated with software.
– That may be why over 50% of respondents in a survey conducted by the Association of Chartered Certified Accountants said they anticipate the development of intelligent systems will have a significant impact on accounting businesses over the next 30 years.
– Another report found that 96% of accountants are positive about the role that automation will play in their day-to-day processes, with 89% viewing automating data entry and reporting as a way to create more value-add service for clients.

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Artificial Intelligence Big Data Blockchain Logistics Machine Learning Risk Management Supply Chain Management Western Europe

Circulor Raises $14m Series A to Lead the Future of Sustainable Supply Chain Traceability

– Circulor, the leading provider of supply chain traceability and dynamic CO2 tracking, announced it has closed $14m in Series A funding to accelerate the company’s rapid growth.
The Westly Group led the round with participation from Salesforce Ventures, BHP Ventures, Future Positive Capital, 24Haymarket and Sky Ocean Ventures.
– Existing investors in the company include Boeing HorizonX, Volvo Cars Technology Fund, Jaguar Land Rover’s CVC arm, InMotion Ventures, SYSTEMIQ, Plug and Play and TotalEnergies Ventures.
– Steve Westly, Founder and Managing Partner of The Westly Group, will join the Circulor board.
– Circulor will use the investment to drive ongoing innovation and extend its presence in North America and Asia.

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Health Care Hospital Medical Device North America

Owl Peak Labs Closes Seed Round

– Owl Peak Labs announced the fully subscribed closure of its seed round of $1.5 million.
– The funding will be used to further develop innovative diagnostic solutions using Owl Peak Labs’ novel imaging technology to detect anomalies of the gastrointestinal tract at the earliest stage.
– Owl Peak Labs will also continue to invest in its Artificial Intelligence platform to aid in early detection.
– Colorectal cancer is known as the least prevented, though most preventable, cancer, accounting for 10% of cancer cases but second overall in cancer deaths.
– Only 64% of Americans undergo recommended routine screening, well below the CDC’s 80% goal, contributing to over 53,000 deaths in the United States each year.

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Corporate Training Eastern Asia EdTech Education Language Learning Tutoring

Seoul-based Ringle raises $18M Series A for its one-on-one English tutoring platform

– Ringle, a South Korea-based English tutoring platform, raised $18m in Series A funding.
– The round was led by returning investor Must Asset Management and joined by One Asset Management, MoCA Ventures, and Xolon Invest.
– The company plans to launch a program for school kids later this year, and also has plans to open offline educational spaces in South Korea and the United States.
– Ringle currently has 700 tutors, who are pre-screened by the company, and 100,000 users.

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Accounting Credit FinTech Small and Medium Businesses Southeast Asia

BukuWarung, a fintech for Indonesian MSMEs, scores $60M Series A led by Valar and Goodwater

– BukuWarung, a fintech focused on Indonesia’s micro, small and medium enterprises (MSMEs), announced it has raised a $60 million Series A.
– The oversubscribed round was led by Valar Ventures, marking the firm’s first investment in Indonesia, and Goodwater Capital.
– The Jakarta-based startup claims this is the largest Series A round ever raised by a startup focused on services for MSMEs.
– BukuWarung did not disclose its valuation.
– Other participants included returning backers and angel investors like Aldi Haryopratomo, former chief executive officer of payment gateway GoPay, Klarna co-founder Victor Jacobsson and partners from SoftBank and Trihill Capital.

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North America Software

TestBox launches with $2.7M seed to make it easier to test software before buying

– TestBox, a new startup, wants to change that by providing a fully working package with pre-populated data to give the team a way to test and collaborate on the product before making a buying decision.
– The company announced it was making the product widely available; they also announced a $2.7m seed round from SignalFire and Firstminute Capital along with several other investors and industry angels.
– Company co-founder Sam Senior says he and his co-founder Peter Holland recognized that it was challenging for companies buying software to test it in a realistic way.
– TestBox comes pre-populated with data generated by GPT-3 OpenAI to test how the software behaves and lets participants grade different features on a simple star rating system and provide comments as needed.

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Financial Services FinTech Information Technology Western Europe

Fintech Hokodo Raises $12.5 Million in Series A Funding, Enabling B2B Merchants to Offer Instant Payment Terms and Scale With Confidence

– Hokodo, the fast-growth European fintech enabling B2B merchants to offer their customers payment terms in real time, announced its $12.5 million Series A.
– The funding round is led by Mosaic Ventures, with participation from Notion Capital and several prominent angel investors including Taavet Hinrikus, founder of TransferWise (now Wise), Thijn Lamers, former EVP, Global Sales of Adyen, Max Bittner, CEO of Vestiaire Collective and founder of Lazada and Rich Laxer, ex-Chairman and CEO of GE Capital.
– Hokodo’s earliest investor Anthemis also joins the round and reaffirms its conviction in the company’s vision.

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Analytics North America Open Source Software Software Engineering

PostHog Raises $15 Million Series B for Open Source Product Analytics

– PostHog announced $15m in fresh funding and major new free features for users of data warehouses.
– The company’s Series B was led by existing investors Y Combinator’s Continuity Fund, with participation from GV (formerly Google Ventures), and takes PostHog’s total funding to over $27M.
– Ali Rowghani, Managing Partner at YC Continuity, and former COO at Twitter and CFO at Pixar, will join the PostHog board.
– PostHog’s mission is to increase the number of successful products in the world. Their open-source platform lets developers track product usage, understand the impact of new features on user behavior, and integrate product and user data with data warehouses – all without sending any data to a 3rd party.

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Biotechnology Therapeutics Western Europe

Bright Peak Therapeutics Announces $107 Million Series B Financing and Expanded Board of Directors

– Bright Peak Therapeutics announced a $107m Series B financing round.
RA Capital led the round with participation from founding investor Versant Ventures and new investors Fidelity Management & Research Company, Invus, Qatar Investment Authority, funds and accounts managed by BlackRock, Alexandria Venture Investments and an undisclosed leading healthcare investment fund.
– Bright Peak uses a novel technology to chemically synthesize therapeutic cytokines by ligating together customized peptide segments.
– Bright Peak’s platform also allows for the conjugation of its enhanced cytokines as payloads to certain antibodies, creating novel and proprietary “Bright Peak Immunocytokines.”
– Bright Peak Immunocytokines will allow tissue- and cell-specific targeting of the cytokine payload with the added potential for synergistic efficacy through potency-enhancing avidity effects.

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Banking Consulting Financial Services FinTech Venture Capital Western Europe

Fintech startup TreasurySpring raises $10M for platform giving online access to fixed-term funds

– TreasurySpring, a fintech startup, raised $10m in Series A funding.
– The round was co-led by MMC Ventures and Anthemis Group.
– Existing investors, including ETFS Capital, participated.
– The company plans to use the funding to expand its platform.

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Food Production North America

Blue Ocean Barns Closes Funding Round for Production of Methane-Cutting Seaweed

– Blue Ocean Barns announced the closure of a new, $5m seed round of capital, bringing the sustainable agriculture company’s total raised to date to $6.6m.
– The funding round, led by Valor Siren Ventures, will support a significant expansion of Blue Ocean Barns’ farming operations as it readies for commercial sale of its seaweed-based cattle supplement.
– This week, Blue Ocean Barns signed a lease for 10 additional acres of growing space near its existing operations on the Big Island of Hawai’i.
– Blue Ocean Barns produces a cattle supplement made with a specific type of seaweed, Asparagopsis, that has been proved in multiple university studies to reduce methane output from cattle by more than 80%, eliminating a greenhouse gas that is at least 28 times more potent than carbon dioxide.

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Business Intelligence Information and Communications Technology (ICT) Information Technology Lead Generation Marketing Automation North America Sales Automation

Slintel scores $20M Series A as buyer intelligence tool gains traction

– Slintel, a startup providing that kind of data, announced a $20m Series A.
– The company has attracted some big-name investors, with GGV leading the round and Accel, Sequoia and Stellaris also participating.
– The investment brings the total raised to over $24m, including a $4.2m seed round from last November.
– The company plans to grow faster again.

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Computer Software North America

Data Sentinel Raises Seed Funding to Accelerate Growth and Product Development of Its Sensitive Data Management Software

– Data Sentinel announced the close of a $3.6m funding round.
– The financing was led by Brightspark Ventures, with participation from Sentiero Ventures, Delbridge Capital Partners, and other high value angel investors.
– Data Sentinel is a data trust and compliance platform that helps businesses persistently manage their data privacy compliance, governance, and quality in real time.
– Data Sentinel’s proprietary deep learning discovery technology illuminates the true nature of an organizations data across all sources and systems, monitoring and measuring the data to ensure compliance with company policies and evolving regulations.
– Led by industry veterans with extensive real-world experience, Data Sentinel has been built to help businesses produce trusted, correct, compliant, and well governed data.

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E-Commerce Marketplace North America Retail Retail Technology Wholesale

Faire Nearly Triples its Valuation to $7B With $260M Series F Funding Round Led by Sequoia

– Faire, the online wholesale marketplace connecting more than 200,000 retailers across North America and Europe with 20,000 brands from over 80 countries, announced the closing of $260 million in a Series F investment round led by Sequoia Capital.
– The funding, which includes all existing investors as well as new global investors Baillie Gifford and Wellington Management, values Faire at $7 billion, nearly tripling its previous valuation of $2.5 billion announced just over six months ago.
– This funding and vote of confidence from world-class investors comes just weeks after Faire’s expansion into Europe, which brings the platform’s powerful cross-border network effects to the $1 trillion European market.
– Across North America and Europe, independent retailers are doing more than twice the revenue of Walmart and Amazon combined.

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Advice Financial Services FinTech North America Real Estate

Real Estate Innovator Flyhomes Raises $150M in Series C Financing to Accelerate Expansion and Level the Playing Field for Homebuyers Amidst Record-Setting Housing Market

– Flyhomes announced a $150m Series C financing to fuel its growth and build upon its record-setting quarters.
– The round was co-led by venture capital firms Norwest Venture Partners and Battery Ventures, with additional participation from Balyasny Asset Management, Fifth Wall, Trustbridge Partners, Camber Creek, Zillow co-founder Spencer Rascoff, and existing investors Andreessen Horowitz and Canvas Ventures.
– As part of the transaction, Lisa Wu of Norwest Venture Partners and Roger Lee of Battery Ventures will join the Flyhomes Board of Directors.
– Flyhomes is a pioneer and market leader of the end-to-end homebuying model.

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Enterprise Software Events Information Technology North America SaaS Software Video

Punchbowl Secures $5.0MM in New Financing to Fuel Growth Strategy

– Punchbowl, the Company behind the critically acclaimed technology platform for events, holidays, and meaningful life memories, announced $5.0MM in financing from SG Credit Partners, Inc.
– The financing was used to acquire VidHug, a best-in-class group video platform.
– Punchbowl CEO Matt Douglas has been appointed a Board Observer at Qeepsake and a Board Director at pumpspotting.
– Punchbowl also launched Memento—a new platform to record, make, and preserve memories from the most important days in a family’s life.

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Banking Financial Services FinTech Human Resources North America

Clair Closes $15M Series A Led by Thrive Capital

– Clair, a social impact, embedded fintech startup transforming how America’s hourly workers get paid, announced the close of a $15m Series A funding.
– The round was led by Thrive Capital and includes participation from Upfront Ventures.
– Clair enables HR tech and gig companies to give hourly workers free instant cash advances on their earnings.
– On-demand pay and other fintech services create value for both employers and HR tech providers, with research showing that Clair’s no-fee instant advances can dramatically bolster companies’ efforts to recruit and retain hourly workers.

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Big Data Cloud Data Services Data Integration North America Open Source Software

Data flow automation engine Prefect raises $32M

– Dataflow automation startup Prefect announced it has raised $32 million in a series B funding round led by Tiger Global.
– The company says it will use the capital to further develop its platform, attract talent, and support its growing community of users.
– When McKinsey surveyed 1,500 executives across industries and regions in 2018, 66% said addressing skills gaps related to automation and digitization was a “top 10” priority.
– Salesforce’s recent Trends in Workflow Automation report found that 95% of IT leaders are prioritizing automation and 70% of execs are seeing the equivalent of over four hours saved per employee each week.
– Moreover, according to market research firm Fact.MR, the adoption of business workflow automation at scale could create a market opportunity worth over $1.6 billion between 2017 and 2026.

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E-Signature SaaS Software Western Europe

Yousign raises $36.6 million to build a European alternative to DocuSign

– French startup Yousign has raised a $36.6m Series A funding round.
Lead Edge Capital is leading the round and eFounders is investing once again in the company.
– Yousign, as the name suggests, is an e-signature provider that complies with European regulation on digital signatures.
– The company was originally founded in 2013, but teamed up with startup studio eFounders in 2019.
– Following this deal, eFounders has become a key shareholders and a strategic partner.

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Biotechnology North America Therapeutics

Synthekine Announces $107.5 Million Oversubscribed Series B Financing to Support Lead Programs to Clinical Proof of Concept, Advance Preclinical Programs and Platform

– Synthekine closed an oversubscribed $107.5m Series B financing.
– The round was co-led by Deerfield Management and Janus Henderson Investors, with participation from RA Capital Management, Rock Springs Capital, Omega Funds, TCG X, Lilly Asia Ventures, and an undisclosed leading healthcare investor.
– Existing investors The Column Group, Samsara BioCapital, Canaan Partners, and Emerson Collective also participated in the round.
– Synthekine is advancing cytokine science and creating optimized therapeutics in this important space.
– Synthekine expects to move both programs into clinical investigation within the next year, with proceeds from the financing supporting clinical proof-of-concept data.

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Energy Manufacturing North America Water Water Purification

PowerTech Water Raises $6M in Series B Funding

– PowerTech Water, a Lexington KY-based company focused on delivering clean water to industrial consumers, raised $6M in Series B funding.
– The round was led by HG Ventures.
– The company intends to use the funds to meet the demand for sustainable industrial water treatment, accelerate corporate partnerships, and expand operations.

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Cyber Security Information Technology Network Security North America Security

Aura Raises $150M in Series E Funding

– Aura is a digital security technology company dedicated to creating a safer internet for everyone.
– The company has raised $450m to date from investors including Accel, General Catalyst and WndrCo, in addition to Warburg Pincus.
– The new funding will be used to enhance the customer experience, grow the user base of the new Aura product, accelerate development of new features and implement programs to increase consumer awareness through a national advertising campaign.

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Auto Insurance Insurance InsurTech North America Property Insurance

Branch Insurance Raises $50M in Series B Funding

– Branch Insurance from Columbus, OH provides home and auto insurance services to its customers.
– The company raised $50m in Series B funding.
– The round was led by Anthemis Group with participation from Acrew, Cherry Creek Holdings, and existing investors Greycroft, HSCM Bermuda, American Family Ventures, SignalFire, SCOR P&C Ventures, Foundation Capital, and Tower IV.
– The new investment will be aimed at accelerating the company’s rollout across the U.S. to enable more national embedded partnerships.

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Agriculture AgTech Analytics Artificial Intelligence Farming Machine Learning North America Robotics Software

Sentera Raises $25M in Series C Funding

– Sentera from Minneapolis MN provides an AI-powered platform that fives time sensitive insights to optimize decisions and improve outcomes for stakeholders throughout the agricultural supply chain.
– The company raised $25m in Series C funding.
– The round was led by Caisse de dépôt et placement du Québec (CDPQ) and S2G Ventures with participation from Akroyd LLC, KuE Capital, Continental Grain Company, iSelect Fund and Middleland Capital.
– The new investment will be used to expand operations and business reach.

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Cyber Security Network Security Western Europe

Cyber Guru Raises € 3.6M in Series A Funding

– Cyber Guru is a cyber security awareness training platform for companies.
– The company raised €3.6m in Series A funding.
– The round was led by P101 SGR, which invested €2.1m through its second fund, P102, and through ITALIA 500 (Azimut Group), with participation from Adara Ventures, which invested €1.5m.
– The new investment will be used to further product development and scale internationally across Europe.

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Mobile Apps North America

Gregarious Raises $5.4M in Seed Funding

– Gregarious from NYC is a creator of Greg, a plant care app powered by machine learning.
– The company raised $5.4m in seed funding.
– The round was led by Index Ventures with participation from First Round Capital and angel investors and advisors including Elie Seidman, CEO of Tinder; Eliza Blank, founder of online plant retailer The Sill; and Darryl Cheng, author of the best-selling book The New Plant Parent and the blog House Plant Journal.
– The new investment will be used to expand operations and business reach.

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Clinical Trials Health Care Information Technology North America

Hawthorne Effect Raises $20M in Series A Funding

– Hawthorne Effect, a San Francisco CA-based company which offers solutions for decentralizing clinical trials, raised $20M in Series A funding.
– The round was led by Northpond Ventures, with participation from SignalFire and P5 Health Ventures.
– The company intends to use the funds to accelerate growth and help scale operations.

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Artificial Intelligence Education Internet North America

AllHere Raises $8M in Series A Funding

– AllHere, a Boston MA-based company which specializes in providing K-12 districts with technology solutions for student outcomes, raised $8M in Series A funding.
– The round was led by Spero Ventures with participation from Rethink Education, Gratitude Railroad, Potencia Ventures, and Boston Impact Initiative, as well as new investors Softbank’s Opportunity Fund, Operator Collective, and Yard Ventures.
– The investment round will be used to grow the capabilities of AllHere’s conversational artificial intelligence (AI) chatbot, expand operations and business reach.

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Asset Management Information Technology North America Software

MaintainX Raises $39M in Series B Funding

– MaintainX, a San Francisco CA-based provider of a management platform for industrial and frontline workers, raised $39M in Series B funding.
– The round was led by Bessemer Venture Partners, with participation from Amity Ventures, Vulcan Capital, August Capital, Ridge Ventures, OldSlip Group, alongside UiPath’s founder and CEO Daniel Dines and Head of Strategy Brandon Deer.
– The company intends to use the funds to accelerate growth, expand operations and business reach.

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Employee Benefits Financial Services Southeast Asia

Wagely, an Indonesian earned wage access and financial services platform, raises $5.6M

– Indonesian EWA startup wagely raised $5.6m in strategic funding.
– The round was led by Integra Partners.
– Other investors included the Asian Development Bank (ADB) Ventures, PT Triputra Investindo Arya, Global Founders Capital, Trihill Capital, 1982 Ventures and Willy Swandi Dharma.
– The company plans to increase its sales team in order to close more enterprise deals.

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Computer Software North America

Aserto Raises $5.1 Million Seed to Launch Authorization Service

– Aserto announced the launch of its authorization as a service company, making it easy for developers to build enterprise-ready SaaS applications.
Costanoa Ventures led the $5.1m Seed financing round with participation from Heavybit Industries as well as angel investors Bob Muglia, former CEO of Snowflake; Mathias Biilmann Christensen, co-founder/CEO of Netlify; and Tom Preston-Werner, co-founder of GitHub.
– Aserto leverages its founders’ unique expertise to create the definitive developer API for authorization in SaaS applications. Its opinionated framework provides 80% of the heavy lifting required to build enterprise-ready permissions and RBAC, reducing time to market and making it easier to sell into enterprises.

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E-Commerce Logistics North America

E-commerce boom lifts another startup as Shipium lands $8M to help retailers keep up with Amazon

– Shipium, an e-commerce software startup, raised $8m in funding.
Trilogy Equity Partners led the round. Zulily co-founder Darrell Cavens invested, along with PSL Ventures and Good Friends.
– Total funding to date is $10 million.

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Auto Insurance Insurance InsurTech North America Property Insurance

Branch raises $50M to offer bundled auto & home insurance via an API

– Branch Insurance, a startup offering bundled home and auto insurance, has raised $50m in a Series B funding round.
– The round was led by Anthemis Group and joined by Acrew, Cherry Creek Holdings and existing backers Greycroft, HSCM Bermuda, American Family Ventures, SignalFire, SCOR P&C Ventures, Foundation Capital and Tower IV.
– With this latest financing, Columbus, Ohio-based Branch has raised $82.5m in total funding since its 2017 inception.

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Computer North Africa and the Middle East Software

Stoke nabs $15.5M to boost its AI-driven freelance management system

– Stoke is announcing it has raised $15.5m in a series A round of funding.
– The company, which offers a freelance management system (FMS) to help enterprises manage independent contractors, freelancers, consultants, agencies, and gig workers, will use the funds to build out engineering, product marketing, and sales.
– In terms of the product itself, he says the company wants to expand its partner ecosystem for marketplaces with sources for talent, including improving the experience for sourcing and adding a greater variety of sourcing capabilities.
– The company will also work toward launching global compliance for classification, rounding out compliance offerings for the U.S. and some European countries that Erez said are now “pretty solidified.”

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Finance Financial Services FinTech Information Technology Western Europe

Pennylane raises $18.3 million for its accounting service

– French startup Pennylane has raised a new $18.3m funding round.
– The round was led by Sequoia Capital.
– The company has already attracted hundreds of clients as it says 1,000 executives are currently using Pennylane.

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Biotechnology North America

Kojin Therapeutics Launches with $60 Million Series A to Develop New Category of Drugs Based on Cell State Biology

– Kojin Therapeutics Inc. launched with a $60m Series A led by Polaris Partners, Newpath Partners, and Cathay Health, affiliated to Cathay Capital, with participation from Leaps by Bayer, AbbVie Inc., Eventide Asset Management, Alexandria, the Dana-Farber Cancer Institute’s Binney Street Capital, and several family offices.
– The company plans to use the proceeds of the Series A to accelerate its drug discovery platform based on its groundbreaking approach to cell state and ferroptosis biology and advance a robust pipeline of therapeutics, with an initial focus on oncology.

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Internet North America

Poised Raises $4.5M Seed Round to Improve the World’s Spoken Communication

– Poised (poised.com), a personalized digital communications coach, announced it has raised $4.5 million in seed funding to help professionals become better communicators in online meetings and improve their spoken communication in general.
– Poised was founded in 2020 and is currently in private beta with thousands of people on the waiting list.
– The funding will be used to continue to build the product, team and educational content, and to launch in general availability to bring world-class communication coaching to millions of people at a fraction of the time and cost of traditional methods.
– Poised is the first digital-coaching product to provide actionable, real-time feedback during online meetings.

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Battery Clean Energy CleanTech Electronics Energy Energy Storage Manufacturing Western Europe

Swedish company Northvolt raises $2.75B to accelerate European battery production

– Swedish battery developer and manufacturer Northvolt raised $2.75bn funding.
– The round was led by Goldman Sachs and Volkswagen, and new investors including the Swedish pension funds AP1-4 and OMERS, one of Canada’s largest pension plans.
AMF, ATP, Baillie Gifford, Baron Capital Group, Bridford Investments Limited, Compagnia di San Paolo through Fondaco Growth, Cristina Stenbeck, Daniel Ek, IMAS Foundation, EIT InnoEnergy, Norrsken VC, PCS Holding, Scania and Stena Metall Finans also participated in the raise.
– Northvolt has already scored major deals with automakers like Volkswagen and BMW.

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Information Services Information Technology North America

Commit Raises $6M in Seed Funding So That Canadian Startup Engineers Have Equal Access to Opportunities

– Commit announced its emergence from private-beta with an oversubscribed funding $6M seed round to future-proof the careers of Canada’s best Startup Engineers.
– This first-of-its-kind professional network is designed to support developers who are passionate about building early-stage software, but who have been constrained by geography.
– The platform uniquely provides peer-to-peer support and career development resources, and erases the friction between talent and opportunity by hiring engineers and then matching them with world-changing startups, regardless of location.
– The funds will be used to 10x the number of Engineers on the platform in the next 12 months, and continue to build and invest in the programs that reach and support the best talent in this space.

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Consumer Goods Men's North America

A men’s brand, Faculty, launches with nail polish — and seed funding from Estee Lauder

– Faculty, a streetwear brand, raised $3m seed funding.
– The round was led by Estee Lauder and joined by RareBreed Ventures, Maple VC, Debut Capital, Creative Connectors, AUFI, 10K Ventures, actress Maisie Williams and recording artist Iann Dior.
– The company is going to launch men’s foundation, eye shadow, and hair dye.
– Faculty is going to be very selective about who we have conversations with. We’re imagining the the Essences of the world, the StockXs, the Kiths. That’s where our clientele is.
– The company has mastered the drop model.

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Blockchain Financial Services Information Technology Mining North America

Luxor Technology Closes $5.0M Round Led by NYDIG, With Participation From US Mining Firms

– Luxor Technology Corporation announced the closing of a $5m Series A led by NYDIG.
– Luxor and NYDIG offer complementary products to the rapidly evolving mining industry.
– Luxor and NYDIG are providing best-in-class services to miners looking to improve their operations and investors getting exposure to mining.
– Luxor’s proprietary technology has the potential to supercharge returns for miners.
– Luxor’s Switch software product is a profit-switching algorithm that maximizes earnings by switching between blockchains and venues to maximize hashrate rewards.

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Data Visualization Human Resources North America Productivity Tools Software

People analytics startup ChartHop raises $35M

– ChartHop, a self-styled people analytics startup, announced that it raised $35 million in a series B funding round led by Andreessen Horowitz.
– The capital brings the company’s total raised to over $54 million to date, and CEO Ian White says that it’ll be used to fund expansion through product enhancements, investments in service and support, and go-to-market efforts.
– People analytics (also known as talent analytics or HR analytics) refers to the method of analytics that can help managers and executives make decisions about their employees or workforce.
– New York-based ChartHop, which White founded in 2018, brings together people datasets including payroll, demographic, performance, and engagement.

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Blockchain Gaming North America Video Games

Mythical Games Announces $75 Million in Series B Financing, Unlocking a New Universal Gaming Economy With Playable NFTs

– Mythical Games, a next-generation gaming technology studio creating universal gaming ecosystems around playable NFTs, led by industry veterans and former executives from Activision, Oculus, EA and Zynga and a marketplace team of experts from Stubhub and Charles Schwab, announced a $75m Series B financing led by WestCap.
– Also participating in this round are 01 Advisors and Gary Vaynerchuk’s VaynerFund, as well as existing investors including Galaxy Digital, Javelin Venture Partners, Alumni Ventures, and Struck Capital.
– This round brings the total amount raised to $120m.

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Aerospace North America

Jet Edge International Raises $150M in Funding

– Jet Edge International, a Los Angeles CA & New York-based full-service private aviation company, raised $150M in funding.
– The round was led by KKR.
– The company intends to use the funds to develop technology to support clients, invest in marketing and talent, and accelerate the progress of business lines including the aircraft sales division, Jet Edge Partners and roll out the AdvantEdge charter management platform nationwide.

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E-Commerce Fashion Marketplace North America Retail Shopping

Global Livestream Shopping Platform ShopShops Announces $15M Series B

– ShopShops, an interactive, global livestream shopping platform, announces a major finance milestone with its new $15M, Series B.
– The financing was co-led by LightShed Ventures and Acrew Capital and supported by existing investors Union Square Ventures, Forerunner Ventures and The Chernin Group (TCG). Dave Lu from Hyphen Capital and Gaingels also participated in the round.
– The funding will be used to accelerate the expansion of ShopShops in the U.S. as well as to continue its growth among premium cross-border shoppers in China.
– Since 2018, the ShopShops mobile app has given shoppers in China access to a best-in-class marketplace of well-known prestige brands, emerging designers and vintage retailers hailing from 30 cities around the world.

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Hospitality Hotel North America Travel Accommodations

Collective Retreats Raises $23M in Series C Funding

– Colletive Retreats, a Denver, CO-based outdoor travel company, raised $23M in Series C funding.
– The round was led by Fireside Investments and Outdoorsy with participation from existing investors including Revolution’s Rise of the Rest Seed Fund.
– The company intends to use the funds to create new destinations and experiences and reinforce the popularity of its outdoor hospitality space.

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Health Care Western Europe

Terra raises $2.8M to build the Plaid for fitness data

– Terra, a recent Y Combinator graduate building an API for fitness and health data, announced that it has closed a $2.8m round.
– The investment includes capital from General Catalyst, Samsung Next and NEXT VENTURES.
– The company intends to hire with its new capital, increasing from a team of four today — the co-founders and two other engineers — to seven this month. Terra expects to staff up to 10 people inside the quarter.

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Environmental Consulting North America

Terraformation gets $30M to fight climate change with rapid reforesting

– Terraformation, a forest tech startup, raised $30m in Series A funding.
– The round was led by Sam & Max Altman at Apollo Projects, the brothers’ ‘moonshot’ fund; plus several high-profile institutional investors (whose names aren’t being disclosed); along with nearly 100 angel investors, including Sundeep Ahuja, Lachy Groom, Sahil Lavingia, Joe Lonsdale, Susan Wu, and OVN Cap.
– The company plans to restore three billion acres of global native forest ecosystems by scaling tree replanting projects in parallel, scaling the use of existing techniques, and working with all the partners it can.

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Logistics North America Risk Management Supply Chain Management Transportation

Overhaul Raises $35M in Series B Funding

– Overhaul, an Austin TX-based company provider of software-based, supply-chain visibility, integrity, and security solution, raised $35M in Series B funding.
– The round was led by Macquarie Capital with participation from Edison Partners and Avanta Ventures (venture arm of CSAA Insurance Group).
– The company will use the funds to accelerate its roadmap in continuing to optimize its current products.

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CMS Content Content Delivery Network Digital Marketing Information Technology North America SaaS Software

Contentstack Raises $57.5 Million in Oversubscribed Series B Round

– Contentstack announced it has raised $57.5m in series B financing.
– The oversubscribed round was led by Insight Partners, who also led the company’s series A round. Existing investors Illuminate Ventures and GingerBread Capital also participated, as did new investor Georgian. This brings Contentstack’s total amount raised to $89m.
– Contentstack will use the new capital to fuel international growth, expand its ecosystem of channel and technology partners and accelerate new technology innovation that has been incubating in Contentstack’s labs.

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Financial Services North America

Stacey Abrams co-founded fintech company Now raises $9.5M

– Now, a company that provides small businesses a quicker method for getting invoices paid, raised $9.5m in Series A funding.
– The round was led by Virgo Investment Group and featured Cresset Capital Partners.
– It comes as the pandemic has put even more of a strain on invoices for many companies.
– Now’s growth has largely been a product of word of mouth.

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Food and Beverage North America Packaging Services Supply Chain Management

ShelfLife Announces $3 Million in Seed Funding to Empower Food and Beverage Brands

– ShelfLife, the food and beverage industry’s procurement software and marketplace, announced a $3m Series Seed funding.
– This round was co-led by Switch Ventures and Kindred Ventures, with participation from NextView Ventures.
– ShelfLife will use the funding to grow its team, improve its product, and continue building its network of vetted suppliers.
– Focusing on the $150bn market for ingredients and packaging materials in the United States, ShelfLife connects food and beverage brands with wholesale suppliers.
– It allows brands to seamlessly discover, manage, and order from their suppliers – all in one place.
– With 50 new food and beverage brands launching in a given day, suppliers are offered a place to digitally display product catalogs and acquire new customers across a rapidly evolving landscape.

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Business Intelligence Health Care Nutrition SEO Software Western Europe

Lenus Raises €50M in Series A Funding

– Lenus is a Copenhagen-based online B2B2C coaching platform targeting health and fitness professionals.
– The company secured €50m in Series A funding.
– The round was led by EQT Ventures.
– The company intends to use the funds for product development, cross-market recruitment (+1,600 within 24 months), and international expansion — including the US (NYC and LA) later in 2021.

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Artificial Intelligence Enterprise Software Information Technology Internet of Things Logistics Software Supply Chain Management Western Europe

Nexxiot Raises $25M in Funding

– Nexxiot, a Zurich, Switzerland-based supply chain digitization company, raised $25M in funding.
– The round was led by QVIDTVM.
– The new investment will be used to further improve the company’s technology and expand to North America.

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Education North America Software

InSpace Raises $6M in Seed Funding

– InSpace, a Burlington Vt-based provider of a collaborative video conferencing platform that replicates personal interaction between students and teachers in virtual classrooms, raised $6M in two seed funding rounds.
– The funding was led by a $2.6 million investment from Boston Seed Capital and $1.5m each from Gutbrain Ventures and PBJ Capital, in addition to other investors including John Abele (co-founder, Boston Scientific); Jeff Seibert and Wayne Chang (co-founders, Crashlytics and Digits); Rick Gibbs (co-founder, Dealer.com); Hovhannes Avoyan and Mikayel Vardanyan (founder and chief product officer, PicsArt); and Andrew Artz (partner at Social Capital). 
– The company intennds to use the funds to expand its business reach and development efforts.

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Apps Electronics Western Europe

C12 Quantum Electronics Raises $10M in Funding

– C12 Quantum Electronics, a Paris, France-based company which makes functional units of quantum computers, raised $10M in funding.
– The round was led by 360 Capital, Bpifrance (Digital Venture Fund), Airbus Ventures, BNP Paribas Développement, and Octave Klaba (OVHcloud), with additional grants from Bpifrance and the Ile-de-France Region.
– The company intends to use the funds to expand the team with tech developers and engineers, as well as establish a high-tech pilot production line.

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Biotechnology Health Care Medical North Africa and the Middle East Therapeutics

ViAqua Therapeutics Announces $4.3 Million Investment led by S2G Ventures for its RNA-based Aquaculture Health Platform

– ViAqua Therapeutics, a biotechnology company and developer of an orally administered RNA-particle platform to promote and improve animal health in aquaculture, announced it has completed a $4.3m round to commercialize and expand its platform.
– Multinational new investors include: S2G Ventures (S2G Oceans & Seafood Fund), Thai Union, and Agriline.
– Earlier investors Nutreco, Visvires New Protein, The Trendlines Group (SGX:42:T;OTCQX: TRNLY) and the Technion Israel Institute of Technology also participated in this round.
– ViAqua was also awarded additional grant funding from the Israeli Innovation Authority.

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Computer Information Technology Quantum Computing Western Europe

Pasqal Raises €25M in Series A Funding

– Pasqal, a French maker of quantum processors, raised €25 M in Series A funding.
– The round was led by Quantonation with participation from Runa Capital, Daphni and Eni Next and previously announced commitment by the European Innovation Council (EIC) Fund.
– The company intends to use the funds to advance the development of its analog and digital quantum processors, strengthen its applications co-design approach, build its Quantum Computing as a Service hybrid cloud offer as well as initiate international expansion.

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Health Care Hospital North America Wellness

Monogram Health Raises $160M in Series B Funding

– Monogram Health is a Nashville TN-based kidney disease benefit management and care delivery company.
– Company raised $160m in Series B funding.
– The round was led by TPG Capital, the private equity platform of global alternative asset firm TPG, with participation from existing investors Frist Cressey Ventures and Norwest Venture Partners, as well as Humana Inc. and other notable national and regional strategic investors.
– The new funding will be used to accelerate business expansion.

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Information Technology North America SaaS Software

Aiden Technologies Raises $2.9M in Funding

– Aiden Technologies from Plano, TX, raised $2.9M in funding.
– The round was led by Right Side Capital Management, Congress Avenue Ventures, Intercept Ventures, SAJE Investments, and the Gaingels.
– The company plans to use the funds to enhance its recently unveiled automated endpoint management solution and fulfil its go-to-market strategy.

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Health Care Health Diagnostics Medical Medical Device North America Software

EvoEndo Raises $10.1M in Funding

– EvoEndo, Inc. is a Denver CO-based preclinical medical device company which specializes in developing systems for unsedated Transnasal Endoscopy (TNE).
– The company raised $10.1M in funding.
– The Backers were undisclosed.
– The company intends to use the funds to advance its technology.

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Billing Cloud Data Services CRM Enterprise Software Marketing North America Point of Sale SaaS Scheduling Software

Zenoti Raises $80M Investment from TPG

– Zenoti from Bellevue develops a software platform for salon and spa businesses.
– Series D funding round was led by TPG with participation of previous investors – Battery Ventures, First Round Capital, and Madrona Venture Group.
– The new investment increases company valuation to almost $1.5b.
– The company intends to use the funds to continue to expand its platform through forthcoming M&A, while providing some liquidity to its employees.

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Cyber Security Enterprise Software Insurance Intelligent Systems North America Software Test and Measurement

UpGuard Raises $19M in Series B-1 Funding

– UpGuard is a third-party risk and attack surface management platform.
– Company raised $19m in Series B-1 funding.
– The round was led by IAG Firemark Ventures, the corporate venture capital unit of IAG, the largest general insurer in Australia, Pelion Venture Partners, Square Peg Capital and August Capital.
– The new investment will be used to accelerate the company’s product development and global expansion.

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B2B CRM North America Software

BuyerAssist launches with $2M in funding to help B2B sales team keep their buyers engaged

– BuyerAssist, a new startup founded by former employees of sales readiness platform MindTickle, wants to make the buying process as smooth as possible.
– The company is launching its beta product to the public with $2 million in seed funding led by Stellaris Venture Partners and Emergent Ventures, with participation from angel investors.
– The capital will be used for hiring in the U.S. and India, with plans to bring BuyerAssist’s platform out of beta later this year.

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E-Commerce Financial Services FinTech Mobile Apps North America Software

Kafene raises $14M to offer buy now, pay later to the subprime consumer

– Kafene, a buy now, pay later company, raised $14m in Series A funding.
– The round was led by Global Founders Capital and Third Prime Ventures and also included participation from Valar, Company.co, Hermann Capital, Gaingels, Republic Labs, Uncorrelated Ventures and FJ labs.
– Kafene’s “flexible ownership” model is designed to not let that happen to a consumer. If for some reason, someone has to forfeit on a payment, Kafene comes to pick up the item and the customer is no longer under obligation to pay for it moving forward.

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Health Care Hospital Western Europe

Lifted raises $6.2M Series A round led by Fuel Ventures for its long-term social care platform

– Lifted, a U.K. startup, raised $6.2m in Series A funding.
– The round was led by Fuel Ventures and joined by 1818 Venture Capital, Novit Ventures, Perivoli Innovations, the J.B. Ugland family office and a number of angels.
– The company plans to use the funding to expand its operations in the U.K.
– It also acquired the “Live Better With Dementia” website and launched the Lifted Dementia Hub, an online community with a marketplace of products.

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Accounting Enterprise Software North America Risk Management

Cyber risk platform Brinqa nabs $110M amid surge in breaches

– Brinqa, a cyber risk analytics platform based in Austin, Texas, announced it has raised $110 million in growth capital from investment firm Insight Partners.
– Brinqa says it will put the funding, its first institutional investment, toward continued business growth and market expansion.
– According to Markets and Markets, the security orchestration, automation, and response (SOAR) segment is expected to reach $1.68 billion in value this year, driven by a rise in security breaches and incidents and the rapid deployment and development of cloud-based solutions. Data breaches exposed 4.1 billion records in the first half of 2019, Risk Based Security found. This may be why 68% of business leaders in a recent Accenture survey said they feel their cybersecurity risks are increasing.

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Apps B2B Collaboration Marketing North America SaaS Software

Simplified Raises $2.2M in Funding

– Simplified is a San Francisco, CA-based provider of marketing-focused design software.
– Company raised $2.2m in funding.
– Backers included Craft Ventures, Form Capital, GFR Fund, Superhuman’s Rahul Vohra and Todd Goldberg, Manik Gupta, Pelican Ventures’ Ajay Yadav, 8Bit Capital, Early Grey Capital, MyAsia VC and others.
– The new investment will be used to expand operations and business reach.

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Product Management SaaS Software Western Europe

Airfocus Raises $5M in Series A Funding

– Airfocus is a Hamburg, Germany-based product management platform provider.
– Company raised $5M in Series A funding.
– The round was led by X Ange with participation from Nauta Capital.
– The new investment will be used to expand operations and business reach.

Source
Electronics Fitness Health Care North America Wellness

Liteboxer, the Peloton of boxing, raises $20 million Series A

– Liteboxer, the Peloton for boxing, has announced the close of a $20m Series A funding round.
– The round was led by Nimble Ventures and joined by B. Riley Venture Capital, and existing investors Raptor Group and Will Ventures.
– Liteboxer launched publicly to the world in July of 2020, announcing an in-home device that brings gamification, hit music and a touch of entertainment to a boxing workout.
– Content is a big piece of the puzzle with Liteboxer. For $29/month, users get access to unlimited training sessions and workouts led by Liteboxer trainers.
– The Liteboxer also has a Quick Play option that forgoes the trainer content and lets users workout based on the song they choose.

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Commercial Real Estate FinTech North America Software

Blooma Raises $15 Million in Series A Funding Led by Canapi Ventures

– Blooma, the leading AI-powered digital underwriting platform for commercial real estate (CRE), announced the close of a $15 million Series A investment round.
Canapi Ventures led the round with participation from existing investor Nyca Partners.
– The Series A funding will be used to drive continued execution of Blooma’s product roadmap and support the hiring of key personnel to enable Blooma to better serve its quickly-growing base of commercial bank, private bank and broker customers in the CRE segment.
– Founded in 2018, Blooma brings together best-in-class technology and a seamless workflow to significantly improve loan origination and portfolio monitoring processes for operators in the CRE space.

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Internet Telecommunications Web Hosting Western Europe

Orbital Internet Raises Multi Million Pound Funding Round

– Orbital Internet Group, a London, UK-based provider of independent Internet services, raised a multi million pound funding round.
– The round was led by Mobeus via Mobeus Equity Partners Fund IV.
– The company intends to use the funds to fast track rollout of ultrafast fibre broadband, especially in rural areas of Kent, position the business to become a Internet Service Provider for Holiday Parks in the UK; and develop its bespoke B2B technology service offerings.

Source
Biotechnology Food and Beverage Food Processing North America Nutrition

Nuggs creator Simulate raises $50M

– Simulate, a meat alternative company, raised $50m funding.
– The round was led by Alexis Ohanian’s 776 Ventures and joined by other investors.
– It brings the company to a valuation of $260m.
– Funding will go towards expanding the company’s headcount.

Source
Apps Cloud Infrastructure Developer Tools Information Technology North America Open Source PaaS Software

Ex-Google and Amazon engineers raise $5M to help developers test and fix software bugs

– Seattle startup YourBase landed a $5m seed led by Lightspeed Venture Partners.
– The 3-year-old company sells software that helps developers run tests on their codebase.
Unusual Ventures and Fathom Capital joined Lightseed for the round.
– The startup uses its “Code Dependency Graph” that automates the test selection processes for large, complex databases.
– YourBase has more than a dozen customers in its private beta, including some public companies.

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Health Care Health Diagnostics Medical mHealth North America

LetsGetChecked Announces $150 Million Series D Fundraise to Grow Comprehensive Virtual Care Capabilities

– LetsGetChecked announced the completion of a $150m Series D round of financing.
– The funding was led by Casdin Capital with continued participation from CommonFund Capital, Illumina Ventures, Optum Ventures, Transformation Capital, HLM Venture Partners, Qiming Venture Partners USA, and professional golfer Rory Mcllroy through Symphony Ventures, an investment partnership.
– This latest financing brings the total capital raised by LetsGetChecked to more than $260m.
– LetsGetChecked will use the new capital to launch care pathways, a 360-degree customer care journey that will provide remote care for patients with ailments and chronic conditions.
– Care pathways is enabled by LetsGetChecked’s core offerings, including telehealth services, pharmacy capabilities, and at-home diagnostics.

Source
Artificial Intelligence Autonomous Vehicles Central-Eastern Europe Machine Learning Robotics Software

Croatia’s Gideon Brothers raises $31M for its 3D vision-enabled autonomous warehouse robots

– Gideon Brothers, a robotics and AI startup, raised $31m in Series A funding.
– The round was led by Koch Disruptive Technologies (KDT), the venture and growth arm of Koch Industries Inc., with participation from DB Schenker, Prologis Ventures and Rite-Hite.
– The company will also expand its operations in the EU and U.S. by opening offices in Munich, Germany and Boston, Massachusetts, respectively.

Source
Financial Services Insurance InsurTech North America Risk Management

Insurtech Startup Certificial Secures $5.8 Million in Series A Funding

– Certificial announced an oversubscribed $5.8m Series A funding round, led by IA Capital.
– The platform is designed to eliminate pain points for all stakeholders involved in the COI exchange process, including agents and brokers, the insured, and the requestor.
– Certificial has also launched a partnership with the Property and Casualty Insurance Business of EXL [NASDAQ: EXLS] to provide additional automation for all stakeholders.
– Certificial welcomed over 6,000 new agencies and brokers to the platform in Q1 of 2021.
– Certificial supports tens of thousands of corporate users, including several leading U.S. companies from all industries, that can now monitor their suppliers’ insurance coverage in real-time, without the administrative burden and cost.

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Finance Financial Services FinTech Management Information Systems North America

Airbase raises $60M as the corporate spend market segments, matures

– Airbase, a corporate spend startup, raised $60m in Series B funding.
– The round was led by Menlo Ventures and joined by existing investors.
– The company plans to use the funding to expand its product and sales teams.

Source
Biotechnology Industrial Automation Information Technology North America Robotics Software Software Engineering

Strateos Closes $56 Million Series B Financing to Accelerate the Roll-Out of its SmartLab of the Future Platform

– Strateos, Inc. announced the closing of its $56.1m Series B financing led by DCVC and Lux Capital with participation from new investors including Eli Lilly and Company, Ally Bridge Group, Black Diamond Ventures, Mack & Co., LLC, and Castor Ventures.
– With this financing, Strateos will continue to drive innovations on its SmartLab Platform™, which integrates data generation and AI-enablement with its unique and flexible automation to accelerate pharmaceutical and synthetic biology R&D.
– Life science research needs faster, more reliable and lower cost data to fully leverage AI-powered analysis tools.
– Strateos is pleased to have the backing of these world-class investors who bring deep expertise in building and scaling innovative platforms at the intersection of the life sciences and information technology.

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Artificial Intelligence Internet Machine Learning Natural Language Processing North America

AI-powered transcription startup Verbit raises $157M

– Verbit announced the close of a $157 million series D round that the company says will bolster its product R&D and hiring efforts.
– CEO Tom Livne, who noted that the raise brings the company’s post-money valuation to more than $1 billion, said that the capital will also support the company’s geographic expansion as it prepares for an initial public offering.
Sapphire Ventures led the 110-employee Verbit’s series C round with participation Third Point, More Capital, Lion Investment Partners, ICON fund as well as existing investors such as Stripes, Vertex Ventures, HV Capital, Oryzn Capital, and ClalTech participated.

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Health Care Health Diagnostics Medical Medical Device North America Software

EvoEndo® Raises $10.1 Million to Make Unsedated Transnasal Endoscopy a Reality for Patients and Physicians

– EvoEndo secured $10.1M in equity financing.
– The funding round included a variety of family offices and early-stage life science investors.
– The funding will be used to further EvoEndo’s innovative technology designed to help physicians diagnose, treat, and monitor conditions for a variety of gastrointestinal disorders.

Source
Bitcoin Blockchain Cloud Infrastructure Cloud Management Computer Cryptocurrency Ethereum FinTech North America

Blockdaemon Raises $28 Million In Series A Funding To Help Institutions Quickly and Securely Scale Blockchain Infrastructure

– Blockdaemon closed a $28m Series A funding round.
– The round was led by Greenspring Associates with participation from Goldman Sachs, BlockFi, Warburg Serres, Uphold, Voyager Digital Ltd., Illuminate Financial, and Hard Yaka.
– Existing seed round investors Boldstart Ventures, Coinfund, Kenetic, CoinShares, Borderless Capital, Blockchain.com Ventures, Lerer Hippeau and Heavybit increased their investments.
– Blockdaemon is the foundational layer to the blockchain industry, enabling participants to stake and deploy nodes with institutional-grade security, scalability and reliability.
– Blockdaemon offers access to new financial infrastructure for a variety of market participants, from large financial institutions, exchanges and custodians to small, agile crypto native firms and developers.

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Customer Service Enterprise Applications Enterprise Software Guides North America Training

Whatfix secures $90M to power contextual guidance in enterprise apps

– Whatfix, a “digital adoption” platform that enterprises use to bake user support tools into their software, has raised $90 million in a series D round of funding.
– The company’s latest funding tranche was spearheaded by SoftBank’s Visions Fund 2, with participation from Cisco Investments, Sequoia Capital India, Eight Roads Ventures, F-Prime Capital, and Dragoneer Investment Group.

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3D Technology Aerospace Artificial Intelligence Manufacturing North America Supply Chain Management

Relativity Space announces $650 million in funding to build a bigger 3D-printed rocket

– Relativity Space, a space venture that got its start in Seattle and is now working on 3D-printed rockets in California, says it’ll build a bigger launch vehicle with the aid of a similarly huge $650 million Series E funding round.
– The startup says its fully reusable, two-stage Terran R rocket will be capable of launching more than 20,000 kilograms (44,000 pounds) to low Earth orbit.
– The company says the newly announced funding round will help the company scale up production of the Terran R rocket at its 3D-printing facility in Long Beach, Calif.

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Artificial Intelligence Consumer Email Messaging North America

Compose.ai raises $2.1M to help everyone write faster

– Compose.ai, a language model for writing, raised $2.1m in seed funding.
– The round was led by Craft Ventures and joined by other investors.
– The company is building the capability for its AI-powered backend to learn your voice, imbibe context to help provide better responses, and, in time, absorb a company’s larger voice to help align its aggregate writing output.

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Bitcoin Blockchain Cryptocurrency Financial Services FinTech North America

Unchained Capital Raises $25M in Series A Funding

– Unchained Capital, Inc. from Austin TX is building a full-suite financial services platform for individuals and businesses that store long-term wealth in bitcoin and demand private key ownership.
– The company raised $25M in Series A funding.
– The round was led by NYDIG and parent company Stone Ridge Holdings Group with participation from existing investors Ecliptic Capital, Starting Line, Stronghold Resource Partners, TVP Bitcoin Venture Fund, Ten31, and Platform Ventures.

Source
Food Delivery Food Processing Western Europe

Dark Kitchen Startup Curb Raises €20M in Funding

– Curb is a Stockholm, Sweden-based dark kitchen startup.
– The company raised €20m in funding.
– The round was led by Point72 Ventures and EQT Ventures.
– The new investment will be used to invest in technology and to continue to grow its operations.

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Document Management Industrial Manufacturing North America Skill Assessment Training

Poka Raises $25M in Series B Funding

– Poka, a Quebec City Canada-based connected worker platform built specifically for manufacturers, raised $25M in Series B funding.
– The round was led by 40 North Ventures with participation from McRock Capital and existing investors SE Ventures, CDPQ, Robert Bosch Venture Capital, and Leclerc.
– The new investment will be used to accelerate product development and scale its go-to-market teams.

Source
North America Software

Phil Raises $56M in Series D Funding

– Phil is a San Francisco, CA-based provider of therapy deployment software for the pharma market.
– Company raised $56m in Series D funding.
– The round was led by Warburg Pincus and brings the total funding to $110m.
– The new investment will be used to accelerate the company’s product development and support the growth of its customers.

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Analytics E-Commerce North America Retail Technology Software

Stackline Secures $130M Strategic Investment from TA Associates

– Stackline, a Seattle, WA-based technology company that builds subscription-based ecommerce tools for thousands of the largest consumer brands and retailers, received a $130m strategic investment from TA Associates.
– The investment follows a $50m investment from the Growth Equity team within Goldman Sachs Asset Management in November 2020.
– The company intends to use the funds to continue growing its product offerings and expanding its global presence.

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Hospitality SaaS Software Western Europe

Superb Raises €12M in Series A Funding

– Superb is a Copenhagen, Denmark-based Guest Experience Management platform for restaurants.
– The company raised €12m in Series A funding.
– The round was led by Kinnevik, which was joined by Knight Capital and returning investor Seed Capital.
– The new investment will be used to expand internationally and roll out its new Guest Experience Management platform.

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Computer Software North America

Croptimistic Technology Raises $5.2M in Series A Funding

– Croptimistic Technology, Inc. is a Naicam, Saskatchewan-based Agtech company.
– The company raised $5.2M in Series A funding.
– The round was led by Forage Capital Partners.
– The company intends to use the funds to add developers and professional staff to the Kelowna, BC hub to build out the software and hardware solutions.

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Health Care Home Health Care Mobile North America Personal Health Wellness

Nue Life Health Raises $3.3M in Funding

– Nue Life Health, a Miami FL-based telemedicine startup focused on mental wellness, raised $3.3M in funding.
– The round was led by Jack Abraham, Shervin Pishevar, Martin Varsavsky, Jon Oringer, James Bailey and Christina Getty.
– The new investment will be used to expand operations, development efforts and business reach.

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Hospital Information Technology North America Software

Medallion Raises $20M Series A

– Medallion has raised a $20M Series A with Spark Capital and Optum Ventures.
– Other participating investors in the round include BoxGroup, Susa Ventures, Tom Lee, Joe Montana, Elad Gil, Zach Sims, Daniel Gross, Peter Reinhardt, Nat Friedman, Vivek Ramaswamy; and the founders of Ro, PillPack, Carbon Health, Nurx.

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Information Technology Services Western Europe

Kavida.ai Raises £300K in Pre Seed Funding

– Kavida.ai from London UK provides decision intelligence tools to prevent and mitigate supply chain disruptions in a range of sectors including apparel, FMCG, food, retail and pharma.
– The company raised £300K in pre seed funding.
– The round was led by QIMA, Sri Sharma, Pradeep Menon, Rohan Haldea and the PDS Multinational Group.
– The new investment will be used to expand operations and business reach.

Source
Fast-Moving Consumer Goods Green Consumer Goods Internet Supply Chain Management Western Europe

Cleanhub Raises Seed Funding

– Cleanhub from Berlin develops a digital solution that enables local communities in developing countries to create large-scale collection businesses for non-recyclable plastics.
– The company closed a seed funding round of undisclosed amount.
– The round was led by Lakestar and 468 Capital, joined by Übermorgen Ventures, Pirate Impact Capital, and angel investors Andreas Brenner, Marc Stöckli, Charles Songhurst, Erik Hahnloser, and Friedrich Neuman.
– The startup plans to use the capital to further establish its digital solution for businesses and expand its tracking technology for larger collection volumes.

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Artificial Intelligence Biotechnology Education Health Care Information Technology Life Science Machine Learning Medical Neuroscience Software Western Europe

Aiforia Raises €25.2M in Series B Funding

– Aiforia from Helsinki provides AI-based solutions for clinical and preclinical image analysis in pathology.
– The company raised €25.2M in Series B funding.
– The round was led by Epredia, a subsidiary of PHC Holdings Corporation, with participation from Aktia Nordic Micro Cap and existing shareholders.
– The new investment will be used to strengthen the company’s global presence for pharmaceutical companies as well as develop and release new platforms for the diagnosis of the most common cancers in the world.

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Computer Vision Machine Learning North America Retail Technology Software

Grabango Raises $39M in Series B Funding

– Grabango, a provider of checkout-free technology for existing grocery and convenience stores, raised $39m in Series B funding.
– The round was led by Commerce Ventures with participation from Founders Fund, Unilever Ventures, Honeywell Ventures, and WIND Ventures.
– The new investment will be used to expand the company’s development team.

Source
Apps Internet Mobile Apps North America

Seattle tutoring app Kadama gets quick lesson in success as it raises $1.7M, grows social following

– Kadama, the Seattle-based tutoring app, raised $1.7m in seed funding.
– The round was led by Grishin Robotics and joined by Russian investor Dmitry Grishin.
– The company plans to use the cash to hire software engineers to help build its upcoming Android app and develop new product features on its iOS app.
– It will also be expanding its marketing efforts by partnering with large social media influencers that appeal to Gen-Z.

Source
Health Care North America Sex Tech

Portland startup Gabbi raises $1M to develop breast cancer risk assessment tool

– Gabbi, a Portland-based health care startup, has raised $1m in a pre-seed round of funding.
– Backers include WR Hambrecht + Co, Plug and Play Tech Center, StartUp Health, and OzoneX Ventures, and individual angel investors David Kidder, CEO of the information services company Bionic, and Anne Wojcicki, co-founder of 23andMe.
– The company is piloting a consumer-friendly breast cancer risk calculator that can propose a health action plan and link users to a network of women in the same risk population.
– Gabbi’s risk calculator prompts a woman to enter information such as her age, ethnicity, and age at first period, and then provides her with an assessment of her risk of breast cancer.

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Advertising Content News North America Publishing Social Social Media Video

Maven Acquires The Spun and Raises $20 Million in Equity

– Maven, a modern media company operating and powering premium publishers, announced that it has acquired The Spun, a fast-growing digital and social sports brand that brings what’s trending in the sports world to avid and loyal consumers.
– The addition of TheSpun.com to Maven’s lineup of sports properties, anchored by Sports Illustrated, operated under a license from Authentic Brands Group (ABG), boosts Maven’s Sports vertical readership to more than 50 million per month, according to Google Analytics.
– Concurrent with the acquisition, Maven completed a $20 million equity financing with new and existing institutional investors, including Hunt Technology Ventures and Invenire Capital.

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Alternative Medicine Cannabis Consulting Health Care North America Wellness

Texas Original Compassionate Cultivation Raises $21 Million in Series B Funding

– Texas Original Compassionate Cultivation (TOCC), Texas’ leading medical cannabis provider, announced it has secured $21m in Series B funding led by AFI Capital Partners, a growth equity fund investing exclusively in the cannabis industry.
– The funding will bolster the company’s production and support its statewide delivery strategy.
– TOCC’s latest funding follows the close of Texas’ 87th legislative session, where House Bill 1535—a bill that expands the medical marijuana program in the state—passed in both chambers. Under the expanded Texas Compassionate Use Program (CUP), all cancer patients and people suffering from PTSD will qualify for medical marijuana prescriptions. The passage of HB 1535 also increases the amount of allowable THC to 1% by weight.

Source
Big Data Compliance Finance Identity Management North America Privacy Security

Identity verification company Trulioo lands $394M

– Online identity verification platform Trulioo has closed a $394 million series D round of funding at a $1.75 billion valuation after the pandemic forced businesses across the spectrum to embrace digital transformations.
– Much as the need for electronic signatures skyrocketed after most activities went online over the past year, companies have had to rapidly transition to technologies that allow them to verify users are who they say they are.
– This is particularly crucial in highly regulated industries like financial services.
– Founded in 2011, Vancouver, Canada-based Trulioo offers various tools for companies to verify their online users, including general identity verification that may check a user’s data against third-party data sources, such as a credit bureau, government database, or mobile carrier.

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Financial Services FinTech Fitness Health Care Machine Learning North Africa and the Middle East Wellness

TailorMed Fuels Further Growth with a $20 Million Financing, Led by Providence Ventures

– TailorMed Medical Ltd. announced a $20m investment.
– The financing was led by Providence Ventures, with new investors UnityPoint Health Ventures, Almeda Ventures, Bridges Israel and Discount Capital.
– The company was founded with a personal mission to help patients and the US healthcare industry tackle the financial challenges of care delivery.
– TailorMed’s best-in-class platform automates the process of identifying financially at-risk patients, matching and enrolling them in financial resources such as: co-pay assistance, replacement drug programs, government subsidies, community and state resources, assistance from disease-specific foundations, and programs that support patients with their living expenses.
– For patients, the platform can help reduce out-of-pocket responsibility, eliminate downstream financial hardships and avoidance of care.

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Financial Services FinTech North America Payments SaaS

Capchase Raises $125M in Series A Funding

– Capchase is a NYC-based provider of non-dilutive capital for recurring-revenue companies.
– Company raised $125m in Series A equity and debt funding.
– The round was led by QED Investors, with participation from Bling Capital, ScifiVC and Caffeinated Capital and several angel investors.
– The new investment will be used to launch just-in-time financing for tech companies and expand into the UK and Spain.

Source
North America Retail

New Stand Raises $40M in Series B Funding

– New Stand is a New York-based company which specializes in creating convenience stores.
– The company raised $40M in Series B funding.
– The round was led by Brookfield Property Group, with participation from existing backers Maywic, Fantail Ventures and Raga Partners.
– The new investment will be used to expand operations and its reach in the business industry and add new space.

Source
Beauty Brand Marketing Fitness North America Sports Wellness

Growve Raises $175M in Funding

– Growve, a St. Petersburg FL-based company which specializes in acquiring and operating natural supplement brands, raised $175M in funding.
– The round was led by Palm Beach Capital.
– The new credit facility includes multiple bank syndication partners – Truist Bank, Compeer Financial, Wells Fargo, N.A., First Horizon Bank, JP Morgan Chase & Co., Synovus Bank, South State Bank, N.A., Atlantic Capital Bank, N.A., HSBC Bank USA, N.A. and Seaside Bank and Trust, a division of United Community Bank.
– The company intends to use the funds to expand acquisition of omnichannel natural wellness & body care brands and organig growth.

Source
Insurance North America

Odie Pet Insurance Raises $3M in Funding

– Odie Pet Insurance, a New York-based tech-enabled pet health insurance company, raised $3M in funding.
– The round was led by Walkabout Ventures and Slow Ventures with participation from New York based family offices and individual investors.
– The company intends to use the funds for continuous product and technology enhancements including claims and payments automations, increasing member portal functionality, and the expansion of partnership integrations, and building out a member experience team and filling other key roles.

Source
Artificial Intelligence Government Machine Learning North America Risk Management SaaS

One Concern Receives $45M Investment from Sompo

– One Concern from Menlo Park, CA provides a platform to model and simulate community resilience and response to earthquakes, floods and other natural disasters.
– Sompo Holdings, Inc. from Tokyo invested $45m in the company.
– The company intends to use the funds to continue to develop its core capabilities in AI-enabled resilience solutions and disaster-risk mitigation technologies.

Source
Information Services Information Technology Software Western Europe

Naspers co-leads $14.5M extension round in mobility startup WhereIsMyTransport

– South African-founded startup WhereIsMyTransport announced a $14.5 million Series A extension to continue its expansion across emerging markets.
– The company already has a presence in South Africa and Mexico.
– Naspers, via its investment arm, Naspers Foundry, co-led the investment with Cathay AfricInvest Innovation Fund.
– The extension round is coming a year after WhereIsMyTransport received a $7.5 million Series A investment from VC firms and strategic investment from Google, Nedbank and Toyota Tsusho Corporation (TTC).

Source
E-Commerce Food and Beverage Grocery Internet Western Europe

Flink Raises $240M in Series A Funding

– Flink from Berlin is an online grocery shopping service offering a selection of over 2,000 products to be delivered to clients in 10 minutes.
– The company raised $240m in Series A funding co-led by Prosus, BOND and Mubadala Capital.
– The new investment will be used to expand operations and business reach.

Source
Artificial Intelligence Collaboration Enterprise Resource Planning (ERP) Enterprise Software North America Project Management SaaS Software

Mosaic Raises $4M in Funding

– Mosaic is a New York-based provider of an AI-powered SaaS platform for resource management.
– Series A $4m brings company valuation to $10m.
– The round was led by Las Olas Venture Capital with participation from Ocean Azul Partners, ff Venture Capital, Tensility Venture Partners, and Entrepreneurs Roundtable Accelerator.
– The new funding will be used to expand operations and business reach.

Source
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