North America

Maven Ventures collects $65 mln for third fund

Maven Ventures has raised $65 million for its third fund, according to a blog post on its site. The fund will make seed investments between $750,000 and $1 million in software startups.

Amava pulls in $6.2 mln

Menlo Park, California-based Amava, a unified platform connecting empty-nesters and retirees, has secured $6.2 million in funding. RPM Ventures was the lead backer.

Darwinbox rallies $15 mln Series B

Darwinbox has raised $15 million in Series B funding, according to a blog post on its site. Sequoia led the round with participation from our previous backers Lightspeed, Endiya Partners and 3One4 Capital. Based in India, Darwinbox is a provider of cloud-based workforce management and analytics solutions for businesses.

FACIT's Prospects Oncology Fund backs three

FACIT's Prospects Oncology Fund has provided seed capital to Ontario-based medical device and new therapeutic platform technologies. The recipients to secure this financing are Xpan Inc, a medical device startup; Dr. Igor Stagljar of the University of Toronto; and the Drug Discovery Program at the Ontario Institute for Cancer Research. Xpan Inc is developing surgical access ports that aim to increase safety and efficiency of minimally invasive surgeries. Dr. Stagljar is developing a system for detecting protein-protein interactions in real time for drug discovery applications while OICR's Drug Discovery Program is developing a platform targeting multiple members of the WD40 repeat domain family with small molecules. No financial terms were disclosed.

Divvy scores $43 mln Series B

Divvy, a platform for homeowners, has raised $43 million in Series B funding. The investors include GIC, Singapore's sovereign wealth fund, and Lennar.

Okapi nets $5.5 mln Series A

Okapi, a commercial real estate-focused artificial intelligence platform, has secured $5.5 million in Series A funding. Marius Nacht, co-founder and chairman of Check Point Software Technologies, was the lead investor.

Evernym procures $8 mln

Salt Lake City-based Evernym, a provider of self-sovereign identity solutions, has raised $8 million in funding. The investors included Barclays Ventures and Medici Ventures.

Zylo picks up $22.5 mln Series B

Zylo, an enterprise SaaS optimization platform, has secured $22.5 million in Series B funding. Menlo Ventures led the round with participation from Bessemer Venture Partners, High Alpha, Revolution's Rise of the Rest Seed Fund, Salesforce Ventures and the Slack Fund. In addition to the funding, Matt Murphy of Menlo Ventures will join Zylo's board of directors.

Nestlé Health Science funds Before Brands

Nestlé Health Science has made an investment in Before Brands Inc, a provider of early childhood food allergy prevention solutions. No financial terms were disclosed. Previous backer Gurnet Point Capital invested alongside NHSc in this financing.

Signal Peak Ventures leads Series A round for Fetch

Dallas-based Fetch, an off-site package solution for apartment communities, has raised $10.5 million in Series A funding. Signal Peak Ventures led the round with participation from previous investors including Silverton Partners and Capital Factory.