North America

Remediant fetches $15 mln Series A

Remediant, a provider of privileged access management software, has raised $15 million in Series A funding. Dell Technologies Capital and ForgePoint Capital led the round.

Media Partners Corporation attracts $5.6 mln

Bellevue, Washington-based Media Partners Corporation, a producer of people skills and compliance training programs, has raised $5.6 million in Series A-1 funding. Byron Group LLC was the lead investor.

Everywhere Communications nabs $6.1 mln

Annapolis, Maryland-based Everywhere Communications, a provider of multi-mode cellular and satellite data communications, has raised $6.1 million in funding. Gemini Capital LLC led the round.

CareVoice picks up Series A

China-based The CareVoice, an international health insurtech company, has secured Series A funding in the amount of eight figures. LUN Partners Group led the round with participation from DNA Capital, SOSV and Artesian Capital.

Chinook Therapeutics snags Series A

Chinook Therapeutics has raised US$65 million in Series A financing. Versant Ventures led the round with participation from Apple Tree Partners and Samsara BioCapital. Based in Seattle and Vancouver, British Columbia, Chinook is a developer of precision medicines for kidney diseases.

Digital parking reservation service SpotHero inks $50 mln Series D

SpotHero, a digital parking reservation service, has raised $50 million in Series D funding. Macquarie Capital led the round with participation from other investors that included Union Grove Venture Partners, Insight Venture Partners, Global Founders Capital, OCA Ventures and AutoTech Ventures.

Chinook Therapeutics secures $86 mln in Series A financing

Chinook Therapeutics, a Vancouver-based developer of precision medicines for kidney disease, has raised about $86 million (US$65 million) in a Series A financing. U.S. life sciences venture capital firm Versant Ventures led the round, with participation from Apple Tree Partners and Samsara BioCapital. Chinook was incubated through Versant's Inception Sciences and seeded by Versant and Apple Tree. Chinook's technology leverages single-cell RNA sequencing, human-derived organoids and new translational models to develop therapeutics with novel mechanisms of action against kidney disease pathways. Led by President and CEO Eric Dobmeier, the company will use the funds raised to advance several programs into clinical trials by 2021.

Rewards app Drop raises $59 mln in HOF-led Series B, RBC invests

Toronto-based mobile rewards platform Drop has raised $59 million (US$44 million) in a Series B financing, bringing total funding to $95 million (US$71 million). The round was led by U.S. venture capital firm HOF Capital and joined by New Enterprise Associates, Sierra Ventures and White Star Capital. RBC, Canada’s largest bank, also signed on as a strategic investor. Founded in 2015 and led by CEO Derrick Fung, Drop provides a free app that allows users to earn cash rewards on their purchases with more than 300 merchants. In addition, it connects brands with shoppers, including much sought-after Millennials.

Uncork Capital raises $200 mln for two new funds

Uncork Capital, a backer of unicorns Poshmark and Postmates, has raised $100 million for its sixth main early-stage fund and $100 million for its second opportunity fund to back existing portfolio companies. Regulatory filings for the main fund and the opportunity fund, called Uncork Plus II, indicate a small amount of capital has yet to be raised, but a source said the funding is wrapped for each at $100 million.

SDTC commits $3.3 mln of funding to venture-backed ​​GHGSat

​​GHGSat, a Montréal-based provider of emissions monitoring services, has raised $3.3 million of funding from Sustainable Development Technology Canada (SDTC). GHGSat is focused on remote sensing of greenhouse gas and air quality gas emissions from industrial sites. The funds raised will support a study in British Columbia's Montney region to compare emissions data collected by terrestrial sensors to GHGSat's satellite and aircraft measurements. Field operations will begin in 2020. Last year, GHGSat closed a US$10 million Series A2 round led by OGCI Climate Investments and joined by Schlumberger, Space Angels and Business Development Bank of Canada (BDC).