North America

HR tech startup Talview picks up $6.75 mln Series A

Palo Alto, California-based Talview, an artificial intelligence startup, has secured $6.75 million in Series A funding. The backers were Storm Ventures, Inventus Capital, Eileses Capital and Emergent Ventures.

AtriCure to acquire VC-backed SentreHEART

AtriCure Inc has agreed to acquire Redwood City, California-based SentreHEART Inc, a developer of percutaneous left atrial appendage management solutions, for upwards of $300 million. The deal is expected to close in the next several days. SentreHEART's backers include Deerfield Management Company, U.S. Venture Partners, Prospect Ventures, Vivo Capital and Decheng Capital.

Nigerian logistics startup Kobo360 inks $30 mln

Kobo360, a Nigerian logistics startup, has secured $30 million in funding, according to a blog post on its site. Goldman Sachs led the round.

Octopus Ventures leads $10.7 mln round for Systum

Plano, Texas-based Systum, a provider of digital operating software for small to medium-sized businesses, has raised $10.7 million in funding. Octopus Ventures led the round.

Renovacor snags $11 mln Series A

Renovacor Inc, a preclinical-stage biopharmaceutical company focused on developing gene therapy-based treatments for cardiovascular disease, has raised $11 million in Series A financing. Novartis Venture Fund, Broadview Ventures and BioAdvance led the round with participation from New Leaf Venture Partners and Innogest Capital.

Renovacor raises $11 mln

Renovacor said Aug. 14 that it raised $11 million in a Series A co-led by Novartis Venture Fund, Broadview Ventures, and BioAdvance, and joined by New Leaf Venture Partners and Innogest Capital. Renovacor is a preclinical-stage biopharmaceutical company focused on developing gene therapy-based treatments for cardiovascular disease.

CDPQ, Inovia to reduce Lightspeed stakes in secondary offering

Lightspeed POS (TSX: LSPD), a Montréal-based retail and restaurant point-of-sale and e-commerce platform, has filed a preliminary supplement to an August 6 prospectus for an offering of subordinate voting shares. A total of about 6.6 million shares will be offered for sale, about 5.4 million of which will be offered by selling shareholders, including Caisse de dépôt et placement du Québec (CDPQ) and Inovia Capital. The price of the shares to be sold was not released. The offering includes a greenshoe option. Lightspeed completed an initial public offering (IPO) in Canada earlier this year, raising $276 million. The IPO valued the company at $1.5 billion.

Japan's Recruit invests in Properly's Series A financing

A venture capital fund affiliated with Japan's Recruit Co Ltd has made an undisclosed investment in Properly, a Toronto-based real estate technology provider. Properly earlier announced the close of its $22 million Series A financing, the equity portion of which was led by Prudence Holdings and FJ Labs. Recruit was not identified as an investor. Based in Tokyo, Recruit is a provider of recruitment advertising, sales promotion and staffing services. It said it aims to support the growth of Properly along with improvement of the company's services.

Cinq Music takes in $40 mln Series C

Los Angeles-based Cinq Music, a music distribution, record label, and rights management company, has secured $40 million in Series C funding. The investor was GoDigital Media Group. The capital infusion will be used to buy music rights as well as for international expansion.

Brick & Mortar Ventures wraps up $97.2 mln fund

Brick & Mortar Ventures has closed its new fund at $97.2 million. Based in San Francisco, Brick & Mortar is a construction tech venture firm.