North America

Modus Capital unveils $75 mln fund

Modus Capital has launched its first regional fund at $75 million. Modus Mena Venture Fund I will target early and growth-stage companies across the Middle East and North Africa.

Senreve picks up $16.75 mln Series A

San Francisco-based Senreve, a luxury handbag brand, has raised $16.75 million in Series A funding. Norwest Venture Partners led the round.

Papaya Global scores $45 mln

Papaya Global, a global payroll and payment management platform, has secured $45 million in funding. Insight Partners led the round with participation from Bessemer Venture Partners, New Era Capital Partners and Dynamic Loop Capital.

IVP recruits Wilhelm as a partner

IVP has named Cack Wilhelm as a partner.

Riskified lands $165 mln Series E

Riskified, a payments and fraud prevention solutions provider, has raised $165 million in Series E funding. General Atlantic led the round.

NeighborSchools snags $3.5 mln seed

NeighborSchools, a child care startup, has secured $3.5 million in seed funding. Accomplice led the round with participation from Tuhaye Venture Partners and World Within.

Fintech app Mylo secures $10 mln in NAventures-led financing

Mylo, a Montréal-based automated savings and investment app, has secured $10 million in financing, bringing its total funding to $14 million. The latest round was led by NAventures, the venture capital arm of National Bank of Canada. It was joined by existing investors Desjardins Capital, Ferst Capital Partners and Tactico. Launched in 2015 by CEO Philip Barrar, Mylo will use the proceeds for product innovation, new hires, continued growth in Canada, and expansion internationally.

Clarify Medical pulls in $18 mln Series A

San Diego-based medical device company Clarify Medical has secured $18 million in Series A financing. The investors were H.I.G. BioHealth Partners, 7wire Ventures, SV Health Investors and Bluestem Capital.

A2 Biotherapeutics takes in $57 mln Series A

A2 Biotherapeutics, a developer of cell therapies for cancer patients, has raised $57 million in Series A funding. The investors included The Column Group, Vida Ventures, Samsara BioCapital and Nextech Invest.

Conexus Credit Union closes maiden fund at $30 mln

Conexus Credit Union has closed its inaugural venture fund at $30 million. The limited partners of Conexus Venture Capital Fund include credit unions, individual business leaders and a Saskatchewan-based retail venture fund with approximately 28,000 Saskatchewan-based shareholders. The fund will invest in Saskatchewan-based technology startups.