Private Equity
Sayata Labs said March 26 that it raised $6.5 million in seed funding led by Elron. Sayata, of Tel Aviv, Israel, provides software for the cyber insurance industry.
4 min read · 26 March 2019
Innoviz Technologies said it raised $132 million of Series C capital in a round backed by new investors China Merchants Capital, Shenzhen Capital Group and New Alliance Capital. Also in the round were Harel Insurance Investments and Financial Services, and Phoenix Insurance Company.
1 min read · 26 March 2019
TerViva said March 26 that it raised another $20 million in its first close of its Series D round led by a diversified agricultural family office, Evans Properties, The Jeremy and Hannelore Grantham Environmental Trust, and a group of Florida agricultural family offices. Existing investors Elemental Excelerator, the Yield Lab, Astia Angels, Allotrope Ventures and Howard Fischer of Gratitude Railroad participated in the round. TerViva is an agriculture technology firm that is seeking to commercialize resilient pongamia trees.
4 min read · 26 March 2019
Rewire said it raised $12 million of Series A capital in a round led by Viola Fintech and joined by BNP Paribas' investment arm Opera Tech Ventures, OurCrowd, Moneta, Yair Tauman, Yaron Lemelbaum, Leon Vaidman and Standard Bank of South Africa.
1 min read · 26 March 2019
Canadian consumer venture capital firm District Ventures Capital has invested in OHi Food Co, a Costa Mesa, California-based natural food provider. The investment's value was not disclosed. Founded in 2013 by Dawn Anderson, OHi Food makes five varieties of refrigerated plant-based snack bars. The proceeds of the deal will support the company's growth through marketing support, development and commercialization services.
3 min read · 26 March 2019
SentiLink said it raised $14 million of Series A capital in a deal led by Andreessen Horowitz and joined by Nyca Partners, Goldcrest, Felicis Ventures, Caffeinated Capital, Max Levchin and Zach Perret.
1 min read · 26 March 2019
Las Olas Venture Capital said March 26 that it invested in Preteckt. Financial terms weren’t announced. Preteckt provides vehicle prognostics as a service to connected and autonomous vehicle manufacturers and service providers.
2 min read · 26 March 2019
Sharebee Technologies Inc, a Montréal-based peer-to-peer platform for self-storage, has raised an undisclosed pre-seed financing. Toronto-based self-storage company All Canadian Self-Storage led the round, with participation from Broken Glass Angels, ex-Uber General Manager J-N Guillemette and angel investors. Launched in 2017, Sharebee connects people with unused space, such as basements, garages, lockers, vacant rooms and warehouses, with people who have storage needs. Led by CEO Max Villemure, the startup will use the funds raised to enter the Toronto market and hire new talent.
3 min read · 26 March 2019
InnerSpace, a Toronto-based turnkey indoor location platform, has secured about $4.3 million (US$3.2 million) in a seed-stage financing. The round was led by BDC Capital‘s Women in Technology Venture Fund. It was joined by MaRS Investment Accelerator Fund, 500 Startups, Industry Ventures, Zach Coelius’ AngelList syndicate and others. Founded in 2014 and led by CEO James Wu, InnerSpace provides an internet-of-things-based platform that automatically maps and deploys location services in indoor spaces. Its customers include technology businesses, airlines, food and service organizations, sporting and entertainment facilities, and property managers.
4 min read · 26 March 2019
Airwallex said March 25 that it raised $100 million in Series C finding led by DST Global. Existing investors Sequoia Capital China, Tencent, Hillhouse Capital, Gobi Partners, Horizons Ventures and Square Peg Capital participated in the round. Airwallex provides cross border payments.
3 min read · 26 March 2019
