North America

Coda Biotherapeutics racks up funding

South San Francisco-based Coda Biotherapeutics Inc, a preclinical-stage biopharmaceutical company, has raised a total of $34 million in funding. Versant Ventures was the lead investor in Coda's latest funding round.

AgFunder collects $20 mln for new protein fund

AgFunder has raised $20 million for its new alternative protein fund. Based in San Francisco, AgFunder is a foodtech and agtech venture firm.

Section 32 adds managing partner to team

Section 32 has named Dr. Steven J. Kafka as a managing partner.

Frazier appoints human capital director for life sciences team

Frazier Healthcare Partners named Danica Elliott as a director of human capital for its life sciences team.

CTO.ai nets seed funding

Vancouver, British Columbia-based CTO.ai, a platform for rapidly scaling DevOps teams, has secured US$7.5 million in seed funding. The investors were Tiger Global, Slack Fund, Yaletown Partners, Pallasite Ventures, Panache Ventures and Jonathan Bixby. The capital infusion will be used for product development and personnel hiring. CTO was founded in 2017 by Kyle Campbell.

VC-backed Turbonomic buys SevOne

Turbonomic has acquired Boston-based software company SevOne. No financial terms were disclosed. Turbonomic's backers include Bain Capital Ventures, General Atlantic, Globespan Capital Partners, Highland Capital Partners and Iconiq Capital.

Kover.ai fetches $1.5 mln seed

San Francisco-based Kover.ai, an insurance startup, has secured $1.5 million in seed funding. West Loop Venture led the round with participation from Afore Capital and Techstars Ventures.

Volterra nabs over $50 mln

Santa Clara, California-based ​Volterra​, a newly launched provider of distributed cloud services, has raised over $50 million in funding. The investors include Khosla Ventures, Mayfield. M12, Itochu Technology Ventures and Samsung NEXT.

District Ventures assumes ownership of Food Startup

District Ventures has assumed the ownership and operator of Food Startup, a Toronto-based food startup incubator and accelerator. No financial terms were disclosed. Food Startup has been renamed District Ventures Kitchen. District Ventures is a a startup incubator and accelerator of Canadian consumer venture firm District Venture Capital.

Boulevard inks $11 mln Series A

Los Angeles-based Boulevard, a platform-as-a-service provider for beauty service brands, has raised $11 million in Series A funding. Index Ventures led the round with participation from Bonfire Ventures, Ludlow Ventures, BoxGroup and Luma Launch.