North America

Cobalt Robotics takes in $13 mln Series A

Palo Alto, California-based Cobalt Robotics, a builder of indoor robots for security, has raised $13 million in Series A financing, according to a blog post on its site. Sequoia led the round with participation from other investors that included Founders Fund, Storm Ventures, Promus Ventures and Bloomberg Beta. In conjunction with the funding, Alfred Lin, a partner at Sequoia, has joined Cobalt's board of directors.

Healthy Pets launches with $500k from District Ventures

Toronto-based veterinary consultation service Healthy Pets has officially launched with a $500,000 seed-stage financing. The round was backed by District Ventures Capital, a Canadian consumer venture capital firm. Arlene Dickinson, District's managing partner, will become a board member as a result. Founded last year by CEO Emma Harris, Healthy Pets helps connect pet owners with veterinarians for a consultation through on-demand video, voice or instant messaging. The funds raised will be used to scale the company's operations, grow its veterinary network, and extend its service across Ontario and Canada.

Nift lands $16.5 mln Series A

Massachusetts-based Nift, which gives neighborhood businesses a new way to promote themselves, has secured $16.5 million in Series A funding. The investors were Spark Capital, Foundry Group and Accomplice.

Connecticut Innovations backs FallCall Solutions

Connecticut-based FallCall Solutions, a creator of a personal emergency assistant app for elderly people and caregivers on the Apple ecosystem, has secured an undisclosed amount of funding. The investor was Connecticut Innovations.

Accolade snags $50 mln

Accolade, an on-demand healthcare concierge company, has secured $50 million in funding. Andreessen Horowitz, Carrick Capital Partners, Madrona Venture Group and McKesson Ventures led the round with participation from investors that included Cross Creek Advisors and Madera Technology Partners.

AngelPad raises $35 mln toward third venture fund

Seed-stage accelerator AngelPad has raised $35 million toward a $50 million third venture fund, according to a filing with the SEC.

Electric inks $9.3 mln Series A

Electric, a platform that provides an automated, intelligent IT support solution for small and midsized corporate customers, has raised $9.3 million in Series A funding. Bessemer Venture Partners led the round with participation from Bowery Capital and Primary Venture Partners. In addition to the funding, Bob Goodman from Bessemer will be joining Electric's board of directors.

CDPQ commits $20 mln to Indian tech growth fund

Caisse de dépôt et placement du Québec (CDPQ) has made a US$20 million commitment to Fundamentum's debut growth fund. The target is US$100 million. Fundamentum Partnership-Fund I will focus on investing in India-based consumer and enterprise technology startups. The fund is expected to invest up to an average of US$15 million per company. Along with providing capital to the growth fund, CDPQ will explore making direct investments in portfolio companies. Fundamentum is based in Bangalore.

Cubigo pockets $4.5 mln Series A

Belgium-based Cubigo, a cloud-based platform provider for the senior living market, has raised $4.5 million in Series A funding. Urbain Vandeurzen led the round with participation from Transvision.

Podcast network Wondery collects $5 mln Series A

Wondery, a podcast network, has raised $5 million in Series A funding. Greycroft’s Alan Patricof, Lerer Hippeau and Advancit Capital led the round with participation from other investors that included BAM Ventures, Water Tower Ventures, Fox Networks Group and BDMI.