North America

Drishti raises $10 mln from Emergence Capital, Andreessen Horowitz, Benhamou Global Ventures

Drishti said it raised $10 million of Series A funding in a round led by Emergence Capital and joined by existing investors Andreessen Horowitz and Benhamou Global Ventures.

Fairygodboss picks up $3 mln

Fairygodboss, a career community for women, has raised $3 million in funding, according to an announcement on its site. The lead investor was GSV Acceleration.

VC-backed Evelo Biosciences goes public

Cambridge, Massachusetts-based Evelo Biosciences, a biotech company, has raised $85 million for its IPO after pricing its 5.3 million shares at $16 per share. The stock began trading May 9, 2018 on the NASDAQ under the ticker symbol "EVLO." Morgan Stanley, Cowen and BMO Capital Markets are the lead underwriters. Evelo's pre-IPO backers included Flagship Pioneering, GV, Celgene, Mayo Clinic and Alexandria Venture Investments.

KeyedIn nets $15 mln Series C

Minneapolis-based KeyedIn, a maker of cloud ERP and project management software, has secured $15 million in Series C financing. Arrowroot Capital led the round.

Real estate tech startup Localize.city pockets $8 mln Series A

New York City and Tel Aviv-based Localize.city, a real estate tech startup, has secured $8 million in Series A funding. The lead investors were Avigdor Willenz and Zvi Limon.

Female Founders Fund wraps up sophomore fund at $27 mln

Female Founders Fund has closed its second fund at $27 million. The fund will focus on female-founded tech companies in the enterprise and consumer tech sectors.

Digital healthcare company Murj fetches $8.5 mln

Santa Cruz, California-based Murj Inc, a digital healthcare company, has secured $8.5 million in funding. Longitude Capital led the round with participation from other investors that included True Ventures.

Escient Pharmaceuticals rakes in $40 mln Series A

San Diego-based Escient Pharmaceutials, a newly launched biotech company, has closed $40 million in Series A funding. The investors were The Column Group, 5AM Ventures and Osage University Partners.

Targetprocess snags $5 mln Series A

Targetprocess, a provider of visual agile management solutions, has secured $5 million in Series A funding. The lead investor was European Bank for Reconstruction and Development.

Digital mortgage broker Trussle garners Series B funding

UK-based Trussle, a digital mortgage broker, has secured 13.6 million pounds in Series B funding. The lead investors were Goldman Sachs and BBVA.