North America

Spring Discovery rallies $18 mln Series A

Palo Alto, California-based Spring Discovery, a startup accelerating the discovery of therapies for aging, has raised $18 million in Series A funding, according to a post. First Round and General Catalyst led the round.

Kayne and CIBC-backed CareWorx merges with Fully Managed

CareWorx Corp, an Ottawa-based managed service provider (MSP) focused on senior care, has merged with Fully Managed Technology Inc, a Vancouver-based MSP and cloud service provider. Terms weren't disclosed. The new business, which will be known as CareWorx Fully Managed, will have three divisions: managed services, enterprise service management and senior care. It will be led by CEO Mark Scott, who formerly led CareWorx. Joel Abramson, formerly CEO of Fully Managed, will serve as executive vice president and head of managed services. Financing for the deal was provided by Kayne Partners, which invested $17 million in CareWorx earlier this year, and CIBC Innovation Banking, also an existing investor.

Robotiq secures funding from Battery Ventures

Quebec-based Robotiq, a provider of tools and software for the collaborative-robotics market, has raised C$31 million in funding. The investor was Battery Ventures. In conjunction with the funding, Battery General Partner Jesse Feldman will join Robotiq’s board.

Ballast Point Ventures backs Avoxi

Avoxi, a communications-as-a-service provider for global contact centers, has raised $10 million in funding. The investor was Ballast Point Ventures.

Mysa raises $2 mln in VC to grow smart home tech solutions

Mysa Smart Thermostats, a St. John’s, Newfoundland and Labrador-based smart home technology startup, has raised more than $2 million in a follow-on financing. The round was backed by new and repeat Canadian investors, including Killick Capital, Pelorus Venture Capital, Conconi Growth Partners, Chris Huskilson and Nicholas Ponari. Founded in 2014 by CEO Joshua Green and COO Zachary Green, Mysa has developed a smart thermostat that helps people with electric heating systems cut down on their bill by as much as 26 percent. The funds raised will be used by the company for new and existing products.

Frist Cressey Ventures collects almost $50 mln for second fund

Frist Cressey Ventures has raised almost $50 million for its second fund, according to an SEC filing. The target is $80 million. Based in Nashville, the firm invests in healthcare.

DBL Partners TIAB 2018 targets $125 mln

DBL Partners TIAB 2018 is seeking to raise $125 million, according to an SEC filing. Based in San Francisco, DBL Partners invests in companies that "enable social, environmental and economic benefits," according to its website.

Mediktor fetches $3.4 mln Series A

Brooklyn, New York-based Mediktor, a symptom checker for pre-diagnosis, triage and decision-making support, has raised $3.4 million in Series A funding. Alta Life Sciences Spain I FCR was the lead investor.

Drug developer EpiVario locks in $445K seed

Philadelphia-based EpiVario, an early-stage drug discovery and developer, has raised $445,000 in seed funding. The investors were not named.

GenEdit pulls in $8.5 mln

Berkeley, California-based GenEdit Inc, a developer of next generation therapeutics for genetic diseases, has closed $8.5 million in funding. Data Collective Bio and SK Holdings led the round with participation from other investors that included Sequoia Capital and Bow Capital.