North America

Kyash nabs about $14 mln Series B

Kyash Inc, a creator of a wallet app and payment platform, has raised about $14 million in Series B funding. Goodwater Capital led the round.

Fifty Years collects $50 mln for sophomore fund

Fifty Years has raised $50 million for its second fund, according to an SEC filing. Fifty Years is an early-stage venture firm based in San Francisco.

Freshly funded repair retailer Mobile Klinik buys Device Care

Mobile Klinik has acquired Device Care, a Cambridge, Ontario-based smartphone accessories and repair chain, for an disclosed amount. Founded in 2014, Device Care provides branded and private-label accessories and repair services to customers through six locations in Ontario and Québec. Mobile Klinik, a Toronto-based smartphone and tablet repair, care, sales and services retailer, said the acquisition both complements and enhances its Canada-wide business. In May, Mobile Klinik raised $27.5 million in a Series C financing, bringing total funding to $44 million. The round included a minority investment from Canadian Business Growth Fund.

Target Partners adds venture partner to team

Target Partners has named Wolfram Drescher as a venture partner. He was the co-founder of Airrays and the co-founder of Systemonic, which was acquired by Philips.

Emerging Travel Group inks $10 mln

Emerging Travel Group, an international online travel group, has secured $10 million in financing. The lead investors were Lev Leviev of LVL1 Group and the family office of Playrix co-founders, Igor and Dmitri Bukhman.

Citryll holds first closing of funding round

Citryll, a Dutch pharmaceutical company, held the first closing of a targeted 15 million euros funding round. The backers were ModiQuest B.V., BOM Brabant Ventures, BrightGene and Curie Capital.

Clear Review raises 2.6 mln pounds

Clear Review said July 3 that it raised 2.6 million pounds ($3.3 million) Series A round led by AlbionVC. Mercia participated in the round. Clear Review is a UK HR technology company.

Sony, Daiwa form $185 mln innovation growth fund

Sony Innovation Fund, the venture arm of Sony Corp, and Daiwa Capital have partnered to form a new investment vehicle called the Innovation Growth Fund. The fund is targeted to raise up to $185 million to invest in mid to late-stage startup tech companies in Japan, United States, Europe and Israel, and it is open to outside LPs. Investors joining Sony and Daiwa at the first close include Sumitomo Mitsui Bank and Osaka Shoko Shinkin Bank, among others.

Initialized Capital raises $50 mln venture fund

Initialized Capital has raised a $50 million venture-capital fund, according to a filing with the SEC.

Upfront Ventures is seeking $250 mln third growth fund

Upfront Ventures, a Santa Monica, California-based firm, is raising $250 million towards a third growth fund, according to a regulatory filing. First sale was not reported.