North America

Canopy Biosciences takes in $2.4 mln Series A

St. Louis, Missouri-based Canopy Biosciences, a research tools company focusing on gene editing and expression analysis, has raised $2.4 million in Series A funding. BioGenerator, the investment arm of BioSTL, and Kingdom Capital led the round.

Tear Film Innovations fetches $8.5 mln

Carlsbad, California-based Tear Film Innovations Inc, a maker of the iLux evaporative dry eye system, has secured $8.5 million in funding. Visionary Ventures and Bluestem Capital led the round.

MainStem attracts $2.1 mln Series B

Seattle-based MainStem Inc, a cannabis ecommerce technology company, has raised $2.175 million in Series B funding. Merida Capital Partners led the round with participation from other investors that included Poseidon Asset Management.

Open source startup Tidelift snags $15 mln Series A

Boston-based Tidelift, an open source startup, has secured $15 million in Series A funding. General Catalyst, Foundry Group and former Red Hat Chairman and CEO Matthew Szulik led the round. In conjunction with the funding, Larry Bohn, managing director at General Catalyst, Ryan McIntyre, co-founder and managing director at Foundry Group and Szulik have all joined Tidelift's board of directors.

Vervoe raises $3.5 mln from SEEK, Jesse Hertzberg, Zachary Lewy, others

Vervoe said it raised $3.5 million in a round led by SEEK, which will contributed $2 million. Other investors include Jesse Hertzberg, former COO of Etsy and Squarespace; Zachary Lewy, founder of Arrow Global Limited; and RusIan Kogan and David Shafer of Kogan.com.

USVP leads Series A funding in Luma Health

San Francisco-based Luma Health, which helps to connect patients with healthcare providers, has raised $6.33 million in a Series A round funding. U.S. Venture Partners led the round, which included continued participation from the Stanford-StartX Fund and additional existing investors. The company, founded in 2015, has now raised $9.7 million in total funding. As part of the Series A round, Dafina Toncheva, a partner at USVP, has joined the board.

Naspers Ventures leads Series C round for home care company Honor

Honor, a home care company, has secured $50 million in Series C funding. Naspers Ventures led the round.

Cultivation Capital gathers over $15 mln for second life sciences fund, also raises $33.45 mln for second tech fund

St. Louis, Missouri-based venture firm Cultivation Capital has raised over $15 million for its second life sciences fund targeted at $30 million, according to an SEC filing. And in a separate SEC filing, the firm also raised $33.45 million for its second tech fund targeted at $40 million.

DCM Ventures promotes Cheng to VP

Silicon Valley-based DCM Ventures, an early-stage venture firm, promoted David Cheng to vice president, according to a spokesperson for the firm. Prior to joining DCM, Cheng was a management consultant at Accenture.

CREXi procures $11 mln Series A

Marina Del Rey, California-based CREXi, a commercial real estate marketplace and technology platform, has raised $11 million in Series A financing. Jackson Square Ventures led the round with participation from other investors that included Manifest Investment Partners, Lerer Hippeau Ventures, Freestyle Capital and TenOneTen Ventures.