North America

Savi fetches $7.5 mln

Alexandria, Virginia-based Savi, a provider of big data/machine learning analytic solutions, supply chain management software and sensor technology, has raised $7.5 million in financing. Eastward Capital Partners led the round. Kimberly Cafferty of Cafferty & Company advised Savi on the transaction.

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Restaurant chain Sweetgreen dishes up $200 mln

Sweetgreen, a restaurant chain that serves salads, has raised $200 million in funding. Fidelity Investors was the lead investor. JPMorgan was the placement agent.

Knowtions secures $5 mln in Information VP-led Series A

Knowtions Research, a Toronto-based applied artificial intelligence (AI) platform for health insurers, has raised $5 million in a Series A financing. The round was led by Canadian venture capital firm Information Venture Partners and joined by Alibaba Entrepreneurs Fund. Founded in 2015 and led by CEO Anthony Lee, Knowtions is the creator of Lydia, an AI platform that helps health insurers tap into predictive insights in health data. Insurers use these insights to automate claims processing and personalize customer experience. The funds raised will be used to scale Lydia's deployment and grow the company's team of machine learning scientists and engineers over the next 12 months.

Checkmate reels in $3 mln Series A

Checkmate, a creator of a platform that enables small and medium sized restaurants to offer mobile ordering and payment to their customers, has raised $3 million in Series A funding. Tiger Global Management led the round.

Fluidly nets Series A funding

UK-based Fluidly, a provider of intelligent cashflow solutions, has secured 5 million pounds in Series A funding, according to a blog post on its site. Nyca Partners led the round with participation from other investors that included Octopus Ventures and Anthemis.

NetEase Cloud Music pulls in over $600 mln

NetEase Cloud Music, a Chinese internet and online game services provider, has raised over $600 million in funding. The investors included Baidu, General Atlantic and Boyu Capital.

Belgian medical device company Nyxoah collects $17.1 mln

Nyxoah S.A., a Belgian medical device company, has raised $17.1 million in funding. Cochlear Limited led the round.

Latin American online food delivery platform iFood racks up $500 mln

iFood, an online food delivery platform in Latin America, has raised $500 million in funding. The investors were Movile, Naspers and Innova Capital.

OzCode locks in $3.5 mln seed

OzCode, an Israeli provider of debugging-as-a-service, has raised $3.5 million in seed funding. RDC and TPY Capital led the round. In addition to the funding, Yaron Elad and Kobi Katz from RDC, and Guy Yamen from TPY Capital will join OzCode’s board of directors.