North America

Autify lands $2.5 mln seed

Autify, a Japanese software testing automation platform, has secured $2.5 million in seed funding. Global Brain, SalesForce Ventures and Archetype Ventures led the round.

Oak HC/FT leads $100 mln round for Rapyd

Rapyd, a fintech-as-a-service provider, has secured $100 million in financing. Oak HC/FT led the round with participation from Tiger Global, Coatue, General Catalyst, Target Global, Stripe and Entrée Capital.

Dreamers VC backs TravelBank

TravelBank, a business travel and expense management platform, has secured an undisclosed amount of funding. The investor was Dreamers VC.

XMOS snags $19 mln

UK-based XMOS, a technology company, has raised $19 million in financing. The backers include Harbert European Growth Capital.

Bnext inks $25 mln Series A

Spain-based Bnext, a mobile-first neo bank, has secured $25 million in Series A funding. DN Capital and Speedinvest led the round.

iGan Partners brings on Stacey Kline as impact partner

Toronto-based venture firm iGan Partners has hired Stacey Kline as an impact partner. Kline is the managing director of The Good Fund, an impact fund that invests in startups "solving some of the world's biggest challenges." Prior to founding The Good Fund, Kline worked at Goodmans LLP where she was the director of innovation projects.

Restaurant scheduling platform 7shifts nabs $7.9 mln more in VC

7shifts, a Saskatoon-based provider of restaurant employee scheduling solutions, has secured $7.9 million (US$6 million) in financing. Napier Park Financial Partners, which led the company's $13.4 million Series A round earlier this year, also led the supplementary round. It was joined by existing investor Relay Ventures and new investor Conexus Credit Union. 7shifts will use the new funds raised to expand its North American restaurant footprint.

Khatabook raises $25 mln

Khatabook said Oct. 1 that it raised a $25 million Series A round from GGV Capital, partners of DST Global, RTP Ventures, Sequoia India, Tencent, Y Combinator and others. More than 20 prominent angels* including Amrish Rau, Anand Chandrasekharan, Deep Nishar, Gokul Rajaram, Jitendra Gupta, Kunal Bahl, Kunal Shah and others also took part. Khatabook is a mobile application that enables SMEs to record & track business transactions.

BurstIQ nets $5.5 mln Series A

Denver-based BurstIQ, a provider of secure blockchain solutions for the healthcare industry, has raised $5.5 million in Series A financing. Elsewhere Partners led the round.

Sleep Data grabs $6 mln

San Diego-based sleep solutions provider Sleep Data has secured $6 million in funding. The investor was HCAP Partners. The capital will be used to support the growth of Sleep Data's subsidiary Better Night.