North America

Kin Insurance amasses $47 mln

Florida-based Kin Insurance, an insurance startup, has secured $47 million in funding. The investors included Avanta, HSCM Bermuda and UChicago Startup Investment Program.

FIGURE8 picks up $7.5 mln seed

Boston-based FIGUR8, a digital health platform that measures and tracks body movement as a biomarker, has raised $7.5 million in seed funding. P5 Health Ventures led the round with participation from other investors that included E14 Fund.

Algo Capital gathers $200 mln for venture fund

Algo Capital has closed its venture fund at $200 million, beating its $100 million target. Algo VC Fund will invest in businesses that are building on the Algorand technology platform. The fund's backers include Brainchild, NGC Ventures, Arrington XRP Capital, Eterna Capital, GSR, Cognitive Blockchain, Rokk3r Inc, Wibson, 11-11 Ventures, DG Ventures, Winslow Strong and Invermaster.

OpenView leads Series B round for Axonius

Axonius, a cybersecurity asset management company, has raised $20 million in Series B funding. OpenView led the round with participation from Bessemer Venture Partners, YL Ventures, Vertex, WTI and Emerge. In addition to the funding, Mackey Craven, partner at OpenView, has joined the Axonius board of directors.

Patient engagement platform Luma Health fetches $16 mln Series B

San Francisco-based Luma Health, a patient engagement platform, has secured $16 million in Series B funding. PeakSpan Capital led the round.

Universal Labs targets $50 mln for fund

Universal Labs is seeking to raise $50 million for its opportunity fund. The fund will focus on investing in the development of natural medicines that prevent and treat cancer.

Platform9 lands $25 mln Series D

Sunnyvale, California-based Platform9, a provider of SaaS-managed hybrid cloud, has raised $25 million in Series D funding. NGP Capital led the round.

Bond rakes in $10 mln seed

San Francisco-based Bond Financial Technologies Inc, which is building a financial technology platform, has raised $10 million in seed funding. Canaan led the with participation from other investors that included Coatue.

PeerWell takes in $6.5 mln Series A

PeerWell, a surgery optimization platform, has secured $6.5 million in Series A funding. OMERS Ventures led the round with participation from XSeed Capital.

Boston Microfluidics snags $17.5 mln Series A

Cambridge, Massachusetts-based Boston Microfluidics, a developer of blood collection devices, has raised $17.5 million in Series A funding. Anzu Partners led the round.