North America

Astarte Medical procures funding from Next Act Fund

Pennsylvania-based Astarte Medical, which provides quantitative data about gut health that enables personalized care and nutrition to help preterm infants grow, has raised an undisclosed amount of funding. The investor was Next Act Fund.

GBV launch $100 mln blockchain tech-focused venture fund

Global Blockchain Ventures have launched a $100 million blockchain tech-focused venture fund. Stonegate Digital Capital Group is committing a "seven-figure" investment to seed Global Blockhain Ventures Fund LP.

Joy Capital to raise $300 mln opportunity fund

Joy Capital has set out to raise a $300 million opportunity fund, according to a filing with the SEC.

CRV boosts its team with new partner, venture investor

Bi-coastal venture firm CRV, which raised $600 million for its 17th fund earlier this year, announced Matt Heiman has joined the firm as a partner and Erica Van was named venture investor. Heiman, most recently at Greylock Partners, joins the San Francisco office of CRV, focusing on consumer investments and helping shape the firm's growth investments. He’ll be working closely with Saar Gur. Van, formerly at Presidio Partners and J.P. Morgan before that, joins the enterprise team in Boston as a venture investor, working closely with Izhar Armony to focus on companies based in Boston and New York.

Scoro takes in $5 mln Series A

Scoro, a provider of business management software designed to bring teams, projects, sales and reports together, has raised $5 million in Series A funding, according to a blog post on its site. Livonia Partners led the round with participation from return backers Inventure and Tera Ventures.

View racks up $1.1 bln from SoftBank

View, a maker of dynamic glass windows, has secured $1.1 billion in funding. The investor was SoftBank Vision Fund.

Transit nabs $17.5 mln in Alliance Ventures-led Series B round

Transit, a Montréal-based transportation mobile app company, has raised $17.5 million in a Series B financing. The round was led by Alliance Ventures, the venture capital arm of Paris-based automotive alliance Renault-Nissan-Mitsubishi. It was joined by InMotion Ventures and existing investors Accel Partners and Real Ventures, which participated in last year's $5 million Series A round. Alliance Direct Investment Director Christian Noske will join the board. Founded in 2013 by CEO Sam Vermette and CTO Guillaume Campagna, Transit's platform enables multi-modal transportation, integrating public transit, ride-hailing, bike-sharing and scooter-sharing. It currently services more than 175 urban areas worldwide.

Sterling Road targets $15 mln for sophomore fund

Sterling Road is seeking to raise $15 million for its second fund, according to an SEC filing. Sterling Road is a venture firm focused on seed-stage B2B companies.

ShipMonk rakes in $10 mln Series A

Deerfield Beach, Florida-based ShipMonk, a provider of order fulfillment services and inventory management software to small and midsized e-commerce companies, has raised $10 million in Series A financing. SJF Ventures led the round with participation from other investors that included Grotech Ventures and Supply Chain Ventures.

Alliance Ventures backs transportation mobile app Transit

Montreal-based Transit, a transportation mobile app company, has raised an undisclosed amount of funding. The investors included Alliance Ventures, the strategic venture capital arm of Renault-Nissan-Mitsubishi.