North America

Day One Ventures wraps up maiden fund

San Francisco and New York City-based Day One Ventures, an early-stage venture firm focused on leading communications for its portfolio companies, has closed its debut fund at nearly $20 million. Launched in January 2018, Day One is being led by Masha Drokova.

Descartes Labs locks in $20 mln

Descartes Labs, which is building a data refinery, has raised $20 million in funding, according to a Medium blog post. Union Grove Venture Partners led the round.

People management platform Lattice snags $25 mln Series C

San Francisco-based Lattice, a people management platform, has secured $25 million in Series C funding. Tiger Global led the round.

Einride gathers $25 mln Series A

Einride, an all-electric transport provider, has raised $25 million in Series A funding. EQT Ventures and NordicNinja VC led the round.

Trust Ventures targets $100 mln for sophomore fund

Trust Ventures is seeking to raise $100 million for its second fund, according to an SEC filing. Austin-based Trust Ventures is a regulatory-focused venture firm.

Work-travel platform Remote Year lands $5 mln

Remote Year, a work-travel platform, has secured $5 million in funding. Lightbank led the round with participation from Highland Capital Partners.

Clinical trials software firm Florence inks $7.1 mln Series B

Atlanta-based Florence, a clinical trials software company, has raised $7.1 million in Series B financing. Fulcrum Equity Partners led the round with participation from Atrium Health and Bee Partners.

Blue Canoe nets $2.5 mln seed

Bellevue, Washington-based Blue Canoe, an artificial intelligence B2B company that helps non-native English speakers improve their spoken English, has raised $2.5 million in seed funding. Tsingyuan Ventures led the round.

M&T Bank backs Blue Highway Capital

Blue Highway Capital, a growth equity fund focused on growing small companies in rural communities, has secured $5 million from M&T Bank. Blue Highway's fundraising target is $50 million.

Citrine Informatics picks up $20 mln Series B

Redwood City, California-based Citrine Informatics, a developer of the first materials artificial intelligence operating platform, has secured $20 million in Series B funding. Prelude Ventures and Innovation Endeavors led the round with participation from other investors that included Moore Strategic Ventures and Next47.