North America

HZO procures $70 mln

HZO, a provider of protective nanocoatings that safeguard electronics from corrosive and liquid environments, has secured $70 million in financing. Included in the transaction are $40 million from undisclosed investors and $30 million in credit facilities provided by Cathay Bank.

BDC's Women in Tech Fund invests $17 mln in 25 companies

BDC Capital’s Women in Technology Venture Fund (WIT Fund) has invested $14 million in 19 Canadian women-led companies since its capital pool was increased to $200 million in 2018. That brings total investing to more than $17 million in 25 companies. Recent investments include Bridgit, a Kitchener, Ontario-based construction software provider, which raised $6.2 million in March, and Sampler, a Toronto-based digital product sampling platform, which raised $3 million in February. Managing Director Michelle Scarborough said WIT Fund has reviewed more than 1,000 women-led companies, suggesting that the "number of women choosing entrepreneurship in technology and innovation is growing in Canada."

Tribe Capital targets $150 mln for inaugural fund

Tribe Capital is seeking to raise $150 million for its debut fund, according to an SEC filing. Based in Menlo Park, California, the venture firm was founded by former Social Capital partners.

Onera Health nabs over $9.3 mln Series A

Palo Alto, California and Netherlands-based Onera Health Inc, a provider of sleep diagnostic solutions and services, has raised over $9.3 million in Series A funding. The investors included Jazz Pharmaceuticals and imec.xpand.

Saleswhale lands $5.3 mln Series A

Singapore-based Saleswhale, which uses artificial intelligence to automate sales emails, has raised $5.3 million in Series A funding, according to a blog post on its site. Monk’s Hill Ventures led the round with participation from GREE Ventures, Wavemaker Partners and Y Combinator.

Hospitality brand Selina racks up $100 mln Series C

Selina, a hospitality brand, has secured $100 million in Series C financing. Access Industries led the round with participation from Grupo Wiese and Colony Latam Partners.

Travel entertainment app TripScout inks $2.1 mln seed

TripScout, a travel entertainment app, has raised $2.1 million in seed funding. Corazon Capital led the round.

VDOO takes in $32 mln Series B

Israel-based VDOO Connected Trust Ltd, a provider of security automation for embedded devices, has raised $32 million in Series B funding. WRVI Capital and GGV Capital led the round.

LightIntegra Technology lands $7.1 mln in Series A financing

Vancouver-based medical diagnostics company LightIntegra Technology has raised about $7.1 million (US$5.3 million) in a Series A financing. The round was led by Genome BC and Boardwalk Ventures, with participation from Tower Beach Capital, Coleco Investments and Quimby Investments (VCC). Launched from Canadian Blood Services' R&D labs in 2009 by CTO Elisabeth Maurer, LightIntegra is the creator of ThromboLUX, a five-minute optical test that assesses platelet activation status, aiding the selection of blood products. Led by President and CEO William Dubiel, LightIntegra will use the funds raised to bring ThromboLUX to the U.S. market.

Eightfold.ai raises $28 mln for talent management

Mountain View, California-based Eightfold.ai, creator of a talent intelligence platform that uses AI tech to identify talent, announced IVP has joined its list of investors as it's raised $28 million in a Series C round of funding. Foundation Capital and Lightspeed Ventures joined the round. The company, founded in 2016, has now raised $55 million in total funding.