North America

Wholesale marketplace Faire collects $100 mln

Faire, a wholesale marketplace, has raised $100 million in funding, according to a blog post. The investors were Lightspeed Venture Partners, Y Combinator, DST, Founders Fund, Sequoia, Forerunner and Khosla.

Celect inks $15 mln Series C

Boston-based Celect, a provider of predictive analytics and inventory optimization for retailers, has raised $15 million in Series C financing. NGP Capital and Fung Capital led the round with participation from Activant Capital and August Capital.

Inscribe gathers $3 mln seed

San Francisco and Dublin-based Inscribe, a company that automates the process of identifying fraudulent documents using image forensics and machine learning, has secured $3 million in seed financing. Crosslink Capital and Uncork Capital led the round.

MissionOG taps Saunders as senior adviser

Philadelphia-based MissionOG, a B2B high-growth venture firm, has named Ted Saunders as a senior adviser. Currently, Saunders is chairman and CEO of Community Choice Financial.

AI-powered smart storage platform Amber bags $13 mln

Amber, an AI-powered smart storage platform, has secured $13 million in funding. The investors included Tyche Partners.

Zymergen locks in $400 mln Series C

Emeryville, California-based Zymergen, a molecular manufacturing technology company, has raised over $400 million in Series C funding. SoftBank Vision Fund led the round with participation from Goldman Sachs, Hanwha Asset Management, DCVC, True Ventures, Two Sigma Ventures, DFJ and Innovation Endeavors.

SPUD.ca secures $11 mln to advance Food-X delivery platform

Vancouver-based grocery e-commerce company Sustainable Produce Urban Delivery Inc (SPUD.ca) has raised $11 million in a pre-initial public offering financing. The deal was led by CIC Capital Ventures, an investment arm of French private equity firm CM-CIC Investissement. It was joined by existing investors, including Walter Capital Partners, which backed SPUD.ca last year. The funds raised will be used to advance Food-X Urban Delivery Inc, an online grocery platform that allows retailers to access technology, warehousing, food preparation and delivery services. Food-X plans to open locations across Canada through 2019 and beyond. SPUD.ca and Food-X are led by CEO Peter van Stolk.

JUMO takes in $12.5 mln

JUMO, a fintech company, has secured $12.5 million in funding. The investor was Odey Asset Management. In conjunction with the funding, James Hanbury, a partner at Odey Asset Management, joined the JUMO board.

Design company Minted racks up $208 mln Series E

Minted, a design company, has raised $208 million in Series E financing. The investors were Permira and funds and accounts advised by T. Rowe Price Associates Inc. The capital infusion wil be used for expansion and customer acquisition.

Violin app Trala scores $1.29 mln seed

Chicago-based Trala, an app that teaches violin, has raised $1.29 million in seed funding. The investors included Jeff Weiner, CEO of LinkedIn, Origin Ventures and Techstars Ventures.