North America

Las Olas Venture Capital backs SmartHop

SmartHop, an artificial freight dispatcher for the trucking industry, has raised an undisclosed amount of funding. The investor was Las Olas Venture Capital.

Allbound rakes in $3.61 mln

Phoenix, Arizona-based Allbound, the next generation partner relationship management platform, has raised a total of $3.61 million in funding. The investors included Canal Partners, KLH Venture Partners, Tallwave Capital, Arizona Founders Fund and Stout Street Capital.

Ottopia picks up $3 mln seed

Tel Aviv-based Ottopia, a technology company focused on remote assistance for self-driving cars, has raised $3 million in seed funding. MizMaa Ventures led the round with participation from Glory Ventures, Plug and Play and NextGear.

Play Ventures raises $22.4 mln for venture-capital fund

Play Ventures has raised $22.4 million toward a $40 million maiden venture-capital fund, according to a filing with the SEC.

BITKRAFT Esports to raise $125 mln venture fund

BITKRAFT Esports Ventures has set out to raise a $125 million venture-capital fund, according to a filing with the SEC.

Crew nabs $35 mln Series C

Crew, a chat app for companies that employ shift workers, has raised $35 million in Series C funding, according to a Medium post. The investors were DAG Ventures, Tenaya Capital, Greylock Partners, Sequoia Capital, Harrison Metal Capital and Aspect Ventures.

Crypto platform Layer1 procures $2.1 mln seed

San Francisco-based Layer1, a crypto investment and infrastructure platform, has secured $2.1 million in seed funding. The investors included Peter Thiel, Digital Currency Group and Jeffrey Tarrant.

PopDog grabs $9 mln Series A

Los Angeles-based PopDog, a developer of tools for esports, has raised $9 million in Series A funding. Makers Fund led the round with participation from Korea Investment Partners.

ACV Auctions locks in $93 mln Series D

Buffalo, New York-based ACV Auctions Inc, an online wholesale automotive marketplace, has secured $93 million in Series D funding. Bain Capital Ventures and Bessemer Venture Partners led the round with participation from other investors that included Future Fund, Tribeca Ventures and Armory Square Ventures.

Underscore.VC garners over $132 mln for sophomore fund

Boston-based venture firm Underscore.VC has raised over $132 million for its second fund, according to an updated SEC filing. The target is $140 million. The firm invests in a number of sectors that include artificial intelligence, blockchain, internet of things and machine learning.