Private Equity
Terminal, a Kitchener, Ontario-based builder of remote engineering teams, has raised $13 million in a Series A financing. The round included investments from Lightspeed Venture Partners, Thiel Capital, Kleiner Perkins Caufield & Byers, Atomic, Craft Ventures and Jerry Yang, founder of Yahoo. Launched in 2017 by Atomic's Jack Abraham and Luke Finney, 8VC's Joe Lonsdale and Eventbrite's Dylan Serota, Terminal recruits technical talent and establishes and manages remote work spaces for technology companies. Hiring Atomic's Clay Kellogg as CEO, Terminal will use funds raised to scale operations in its five Canadian and U.S. offices and expand into Latin America.
4 min read · 22 May 2018
San Francisco-based Parabola, which helps automate manual work, has secured $2.2 million in funding. Matrix Partners led the round with participation from other investors that included AngelPad, Merus Capital and Abstract Ventures.
1 min read · 22 May 2018
New York City-based Lending Express, an AI-powered marketplace for business loans, has secured $2.7 million in funding. The investors included Entrée Capital and iAngels.
3 min read · 22 May 2018
EKIM, a French food tech startup, has raised 2.2 million euros in funding. The investors were Partech and Daphni.
1 min read · 22 May 2018
Okera, a software provider, has secured $12 million in Series A funding. Bessemer Venture Partners led the round with participation from Felicis Ventures and Capital One Growth Ventures. In addition to the funding, Ethan Kurzweil, a partner at Bessemer Venture Partners and Wesley Chan, managing director at Felicis Ventures, joined Okera's board of directors.
1 min read · 22 May 2018
KdT Ventures, an early-stage venture firm focused on the intersection of technology and science, has closed its debut fund. No financial terms were disclosed. The fund's limited partners include institutional investment firms.
2 min read · 22 May 2018
Valimail, a provider of automated email authentication solutions, has raised $25 million in Series B funding. Tenaya Capital led the round with participation from return backers Shasta Ventures, Flybridge Capital Partners and Bloomberg Beta.
1 min read · 22 May 2018
China and California-based Roadstar.ai, an autonomous driving startup, has closed $128 million in Series A financing. Wu Capital and Shenzhen Capital Group led the round with follow-up participation from Yunqi Partners.
1 min read · 22 May 2018
GRAIL Inc, a healthcare company focused on detecting cancer early, has secured $300 million in Series C funding. The lead investor was Ally Bridge Group.
1 min read · 22 May 2018
Insightin Health, a provider of an AI-driven decision platform that helps health insurance companies with preventative actions for their members, has raised $2 million in financing round. Health Catalyst Capital Management led the round with participation from other investors that included Revolution's Rise of the Rest Seed Fund, TEDCO, SaaS Ventures and TCP Ventures.
1 min read · 22 May 2018