North America

Playfair adds Blakey to investment committee

UK-based venture firm Playfair Capital has named Simon Blakey as a non-executive and member of its investment committee, according to a Medium blog post. Blakey is a managing director at Avonmore Developments Ltd.

IIFL Wealth invests in CerraCap Ventures Fund II

IIFL Wealth Management Ltd has invested in CerraCap Ventures Fund II. Financial terms weren’t announced. CerraCap, of Orange County, California, focuses on cyber security, AI and digital health.

BrightPlan raises $12 mln Series B round

BrightPlan said it raised a $12 million Series B round from existing investors in May.

Medteq's venture fund invests in eight healthtech startups

Medteq said its venture capital fund has invested in eight health technology companies based in Montréal and Halifax. The $14 million fund, which partnered in financings with Anges-Quebec, Anges-Quebec Capital, Innovacorp, Real Ventures and others, contributed to total investment in the startups of more than $11 million. The companies backed were Densitas, My Intelligent Machines, My01, Optina Diagnostics, Saccade Analytics, Spinologics, Spring Loaded Technology and Thorasys. Medteq is a Canadian medical innovation group funded by government through Centres of Excellence for Commercialization and Research, the private sector and other sources.

RealityEngines raises $5.25 mln

San Francisco-based RealityEngines, an AI and machine learning research startup, has secured $5.25 million in funding. The lead investors were Eric Schmidt, ex-CEO and chairman of Google and Ram Shriram, a founding Google board member. Also, other investors that participated in the round included Khosla Ventures.

Vade Secure secures funding from General Catalyst

Vade Secure, a provider of predictive email defense solutions, has raised 70 million euros in financing. The investor was General Catalyst.

Sense Photonics garners $26 mln Series A

Sense Photonics, a developer of next-generation LiDAR and 3D sensor solutions for autonomous vehicles, has raised $26 million in Series A funding. Acadia Woods and Congruent Ventures led the round.

Mythic scores $30 mln

Austin, Texas and Redwood City, California-based Mythic, an AI inference processor company, has secured $30 million in Series B-1 funding. Valor Equity Partners led the round.

Bellwethr seals $2.5 mln seed

Bellwethr, a machine learning-powered customer conversion and retention platform, has secured $2.5 million in seed funding. Royal Street Ventures led the round.

Spring Labs rallies $23 mln Series A

Spring Labs, a developer of a blockchain-based platform, has secured $23 million in Series A funding. GreatPoint Ventures led the round.