Managers

EIP Pharma fetches $20.5 mln Series B

Cambridge, Massachusetts-based EIP Pharma, a therapeutics company focused on CNS diseases, has closed $20.5 million in Series B financing. The lead investor was Access Industries.

HiFiBiO Therapeutics lands $37.5 mln Series B

HiFiBiO Therapeutics, a biotherapeutics company, has raised $37.5 million in Series B funding. Sequoia China and LYFE Capital led the round with participation from VI Ventures, Nest.Bio Ventures, Legend Star Capital and Proxima Ventures.

Rael gathers $2.1 mln

Southern California-based Rael, a menstrual care startup, has secured $2.1 million in funding. SoftBank Ventures Korea led the round with participation from other investors that included Thrive Market.

Lerer Hippeau raises $60.6 mln for second select fund

Lerer Hippeau has raised a $60.6 million second “select fund” for follow-on investments in addition to its recent $122 million sixth fund, according to regulatory filings.

PriorAuthNow picks up $10.5 mln Series A

Columbus, Ohio-based PriorAuthNow, a platform for connecting the healthcare landscape using automated prior authorization solutions, has raised $10.5 million in Series A funding. BIP Capital led the round with participation from other investors that included NCT Ventures and Detroit Venture Partners.

BrainQ procures $8.8 mln

BrainQ, an Israeli digital therapeutics company, has raised $8.8 million in funding. The investors included Qure Ventures, OurCrowd.com, Norma Investments and IT-Farm.

Silverton wraps up fifth fund at $108 mln

Austin-based Silverton Partners has closed its fifth fund at $108 million. Among the companies Silverton have backed include Convio, WP Engine, SpareFoot, SailPoint, Silicon Labs, TurnKey, Restream.io and SourceDay.

London’s Dawn Capital: $235 mln on horizon for Series A SaaS, fintech

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Unusual Ventures raises $160 mln for maiden fund

Unusual Ventures, a new seed-stage venture firm, has closed its inaugural fund at $160 million, according to a post on its site. Jyoti Bansal and John Vrionis are the co-founders.