North America

Pet food brand Mollybox inks $13 mln Series B

Mollybox, a pet food brand run by Xolo (Cayman) Limited, has secured $13 million in Series B financing round. DCM and Digitalis led the round.

Wisconn Valley Ventures taps Franklin to lead fund

Wisconn Valley Ventures has hired Dr. Jason Franklin to lead its $100 million early-stage venture fund. Dr. Franklin is a computer scientist and entrepreneur who has been a partner at Andreessen Horowitz and a venture partner at Avalon Ventures. Wisconn Valley Venture Fund will invest in the healthcare, technology, manufacturing and financial services sectors. Dr. Franklin will be based in Milwaukee and San Francisco.

Lo Toney raises $35.1 mln for his Plexo Capital I

Lo Toney has raised $35.1 million for his venture-capital fund, Plexo Capital I, according to a filing with the SEC.

Africa Healthcare Network procures funding

Africa Healthcare Network, which runs a chain of kidney care and dialysis centers across East Africa, has raised an undisclosed amount of funding. The investors were Africa Healthcare Fund/Asia Africa Investment & Consulting Pte Ltd and return backer Polaris Partners.

Fintech company Knox Financial locks in $1.4 mln seed

Boston-based Knox Financial, a fintech company, has secured $1.4 million in seed funding. The investors were not named.

Women-focused career community Fairygodboss lands $10 mln Series A

Fairygodboss, a career community for women, has raised $10 million in Series A funding, according to an announcement on its site. GSV Accelerate and Signal Peak Ventures led the round.

HealthJoy scores $12.5 mln Series B

Chicago-based HealthJoy, a healthcare guidance and engagement platform, has raised $12.5 million in Series B financing. U.S. Venture Partners led the round with participation from other investors that included Epic Ventures, Chicago Ventures and Sidekick Ventures. In addition to the funding, Dr. Jonathan Root, a general partner at U.S. Venture Partners, will join HealthJoy's board of directors.

Maniv Mobility snags funding from Lear Corp

Lear Corporation has made an investment in Israel-based Maniv Mobility, a venture firm focused on mobility tech. No financial terms were disclosed.

Cavallo Ventures invests in Performance Livestock Analysis

Ames, Iowa-based Performance Livestock Analytics, a provider of livestock analytics software, has secured an undisclosed amount of funding. The investor was Cavallo Ventures Inc, the venture capital arm of Wilbur-Ellis.

Cultivate (MD) Capital backs MDC

Genesis Innovation Group's cultivate(MD) Capital has made an investment in Magnesium Development Company. No financial terms were disclosed. Based in Grand Rapids, Michigan, MDC is a medical equipment manufacturer.