North America

Music tech company Pirate Studios snags $20 mln

Pirate Studios, a music technology company that operates automated self-service 24-hour music studios, has raised $20 million in funding. The investor was Talis Capital.

Lux Capital promotes three

Lux Capital has made a number of promotions, according to a blog post. Segolene Scarborough is now chief financial officer; Zavain Dar has been promoted to partner; and Brandon Reeves is now a principal. The Menlo Park, California-based venture firm invests in emerging technologies in the physical and life sciences industries.

Mobile payment solution Mobeewave closes $21.8 million Series B

Mobeewave, a Montréal-based mobile payment solutions company, has raised $21.8 million (US$16.5 million) in a Series B financing. The round was led by European venture capital firm NewAlpha Asset Management and Mastercard and joined by Forestay Capital. Oakland Partners and existing investors also participated. Founded in 2012 by CEO Benjamin du Haÿs and COO Maxime de Nanclas, Mobeewave enables secure contactless payment acceptance on smart devices. Its platform is currently deployed in Australia, Canada and Poland via strategic partnerships. The company will use the funds raised for further deployments and to develop new product offerings.

Intel leads $75 mln round for Habana Labs

Habana Labs Ltd said Nov. 15 that it raised $75 million in a B round led by Intel Capital. Also participating were by WRV Capital, Bessemer Venture Partners, Battery Ventures and others, including existing investors. Habana Labs is a fabless semiconductor company located in Tel-Aviv, Israel and San Jose, California.

Goldman Sachs to invest in TBM: Bloomberg

Goldman Sachs Group, which is looking to make 10 to 15 investments in Japanese startups through 2019, is buying a stake in TBM Co, Bloomberg is reporting. TBM is known for its technology that turns limestone into paper; it is seeking to raise 3.1 billion yen ($27 million), the story said.

Building Intelligence seals $4.1 mln Series A

New York City-based Building Intelligence, a provider of software solutions for security practitioners and building owners to manage visitors, vehicles and vendors, has raised $4.1 million in Series A financing. Founders Equity led the round.

Cryptocurrency platform KuCoin grabs $20 mln

Singapore-based international cryptocurrency platform KuCoin has raised $20 million in funding. The investors were IDG Capital, Matrix Partners and Neo Global Capital.

ShangPharma Innovation to raise $100 mln venture-capital fund

ShangPharma Innovation has set out to raise a $100 million venture-capital fund, according to a filing with the SEC.

Dragos scores $37 mln Series B in Canaan-led round

Hanover, Maryland-based Dragos, a cybersecurity company, has raised $37 million in Series B funding. Canaan led the round.

Index Ventures leads Series D round for ServiceTitan

ServiceTitan, a provider of software for home service businesses, has secured $165 million Series D funding. Index Ventures led the round with participation from other Dragoneer, T. Rowe Price, Battery Ventures, Bessemer Venture Partners and ICONIQ Capital. In addition to the funding, Nina Achadjian from Index Ventures has joined ServiceTitan's board.