North America

SidelineSwap scores $5 mln in Series A round

Boston-based SidelineSwap, which provides an online marketplace for athletes to buy and sell sports gear and equipment, said it has raised $5 million in Series A funding. Global Founders Capital led the round, with participation from David Robinson’s Admiral Capital, Peak6 Sports, RiverPark Ventures, FJ Labs and The Player’s Impact, a group of professional athletes and Olympians. The company, founded in 2015, has now $8.9 million in total funding.

Content experience platform Uberflip wins $41 mln in Series A

Uberflip, a Toronto-based cloud content experience platform, has secured about $41 million (US$32 million) in a Series A financing. The round was led by U.S. growth equity firm Updata Partners, whose General Partner Jon Seeber and Senior Associate Arun Singh will join the board. Uberflip provides tools to aggregate marketing content, allowing B2B marketing and sales teams to create more personalized content experiences. Founded in 2012 by CEO Yoav Schwartz and CMO and President Randy Frisch, it has so far added more than 1,000 B2B companies to its customer base. Uberflip will use the funds raised to support on-going product development.

Restaurant supplies app ChefHero closes $12.6 mln Series A

ChefHero, a Toronto-based digital marketplace for restaurant supplies, has raised $12.6 million in a Series A financing. The round was led by U.S. venture capital firm Accomplice.co. It was joined by Golden Venture Partners, Precursor Ventures and Math Ventures. Founded three years ago by CEO Saif Altimimi and CTO Diego Domínguez Ferrera, ChefHero provides an online mobile and web application that allows restaurant owners and their staff to order wholesale food and supplies through a single network. The company will use the proceeds of the Series A to accelerate growth in select cities across North America.

SalesHero reveals it has raised $4.5 mln in seed funding

San Francisco-based SalesHero, which provides an AI-powered sales assistant, announced it has raised $4.5 million in seed funding from Baidu Ventures, CometLabs and CherryVentures. Signals Venture Capital, an enterprise-focused fund investor based in Berlin, also participated in the round. The company was founded last year by CEO Stefan Groschupf, former CEO and founder of Datameer.

MadDog Ventures Fund I raises $26.7 mln

MadDog Ventures said April 23 that its first venture capital fund raised $26.7 million, exceeding its $25 million target. MadDog, of Birmingham, Michigan, invests in companies that are developing and marketing cloud-based business applications.

EryDel raises 26 mln euros

EryDel has raised 26 million euros ($31.7 million) in financing led by Sofinnova Partners. Existing shareholders Genextra SpA and Innogest SGR also participated to the investment. EryDel, of Milan, is developing a drug delivery device for the treatment of rare neurodegenerative diseases.

Leanplum Series D raises $52 mln

Leanplum said April 24 that it increased its Series D funding to $52 million with an add-on investment from Waterwood Group. Leanplum, of San Francisco, provides a mobile marketing platform.

Après raises $1.1 mln

Après said April 23 that it raised $1.1 million in seed funding led by Rocana Venture Partners. Après of San Francisco provides a plant-based protein beverage developed for whole-body replenishment.

8VC raises $640 mln second fund: report

8VC has raised a $640 million second core fund, Axios reported.

3D printer Formlabs raises $30 mln in round led by Tyche

Somerville, Massachusetts-based Formlabs, which develops 3D printers, has raised $30 million in a Series C round of funding led by Tyche Partners. The round also includes participation from Shenzhen Capital Group and UpNorth Investment Limited and existing investors DFJ, Pitango and Foundry Group. The company, which has now raised $85 million in total funding, was founded in 2012 by a trio of engineers and designers from MIT.