Private Equity
Massachusetts-based Locus Robotics, a maker of autonomous mobile robots for fulfillment warehouses, has secured $26 million in Series C funding. The investors included Zebra Ventures and Scale Venture Partners.
1 min read · 23 April 2019
Sight Machine Inc, a digital manufacturing platform, has raised $29.4 million in Series C funding. LS Group led the round.
1 min read · 23 April 2019
Ontario Teachers' Pension Plan has launched a new platform focused on late-stage venture capital and growth equity investments in technology companies. Teachers' Innovation Platform (TIP), which will target global opportunities to disrupt incumbents and create new sectors, will be led by Senior Managing Director Olivia Steedman. Steedman, who joined the $191 billion Canadian pension fund in 2002, was previously managing director of the infrastructure and natural resources group. Steedman said TIP will take advantage of "significant opportunities to invest in the new businesses and sectors" emerging from "unprecedented change" in computing, materials science, robotics, medicine and other areas.
3 min read · 23 April 2019
Dallas-based Novo Labs, a provider of conversational artificial intelligence services for large restaurant chains, has secured $2 million in seed funding. Silverton Partners led the round. In addition to the funding, Roger Chen of Silverton Partners will join Novo Labs' board of directors.
1 min read · 23 April 2019
Swoot, a newly launched podcasting app, has $3 million in seed funding. True Ventures led the round.
1 min read · 23 April 2019
Voice research platform Audioburst has raised over $10 million in funding. The investors included Dentsu Inc and Hyundai Motor Company.
1 min read · 23 April 2019
San Ramon, California-based SocialSurvey, a software developer, has raised $14.5 million in funding. The company's investors included Curtis Feeny and Jim McClean of Silicon Valley Data Capital and Eric Filipek of Kennet Partners LLC.
1 min read · 23 April 2019
Coconut Software, a Saskatoon-based enterprise scheduling solution, has raised $1.75 million in debt financing. The funding's source was CIBC Innovation Banking, the technology lending arm of Canadian financial institution CIBC. Founded in 2007 by CEO Katherine Regnier, Coconut provides a cloud-based SaaS appointment scheduling and lobby management solution that helps banks and credit unions engage with clients. The company will use the deal's proceeds to support its strategic plan and growth. Coconut is backed by Information Venture Partners, ScaleUp Ventures, StandUp Ventures and Neal Dempsey of Bay Partners, all of which participated in 2017's $4.2 million Series A round.
3 min read · 23 April 2019
Sherlock Biosciences, an engineering biology company, has raised over $31 million in Series A funding. The investors included Northpond Ventures, Baidu Ventures and the Open Philanthropy Project.
1 min read · 23 April 2019
India-based Mfine, a health tech AI startup, has secured $17.2 million in Series B funding. SBI Investment led the round.
1 min read · 23 April 2019
