North America

JLL Spark acquires real-estate software company Stessa

JLL Spark said it acquired real-estate software-as-a-service company Stessa. No financial terms were disclosed.

Adagene raises $50 mln

Adagene Inc said March 26 that it raised $50 million in series C funding led by Sequoia China. Also participating were New World TMT, AVIC Trust, King Star Capital, Gopher Asset Management as well as other investors. Adagene, of Suzhou, China, is an antibody discovery and development company.

Polaris Private Equity to buy Menu A/S

Polaris Private Equity said March 27 that it agreed to buy a majority of Menu A/S. Financial terms weren’t announced. The Hansen family is the seller. Menu, of Copenhagen, supplies furniture, accessories and lighting to professional and retail customers.

Bullpen to raise $165 mln for two funds, including fourth core fund

Bullpen Capital has set out to raise $165 million for two funds, including a fourth core fund, according to filings with the SEC.

AgShift inks $2 mln seed

Silicon Valley-based food tech startup AgShift has secured $2 million in seed funding. The investor was Exfinity Ventures.

Australian IoT startup Myriota fetches $15 mln Series A

Myriota, an Australian internet of things startup, has raised $15 million in Series A funding. Blue Sky Venture Capital and Main Sequence Ventures led the round with participation from other investors that included Right Click Capital and Singtel Innov8.

VC-backed Kinetica recruits Farooq as product management VP

San Francisco-based Kinetica, an instant insight engine provider for the extreme data economy, has appointed Irina Farooq as vice president of product management. Previously, Farooq worked at Riverbed Technology. Kinetica is backed by Canvas Ventures, Citi Ventures, GreatPoint Ventures and Meritech Capital Partners.

General Catalyst raises $1.4 bln for ninth venture fund

General Catalyst has raised the full $1.38 billion targeted for its ninth venture fund, according to a regulatory filing. With offices in Cambridge, San Francisco, Palo Alto, and New York City, the firm makes early-stage and growth equity investments.

Wizeline rakes in $43 mln

Silicon Valley-based Wizeline, a product development and technology company, has secured $43 million in Series B funding. Apax Digital Fund led the round.

Candex nabs $3.5 mln

Candex, which helps businesses engage, track and pay for high volume services, has raised $3.5 million in funding. The investors were Edenred Capital Partners, Partech Ventures, Advisors.Fund, Camp One Ventures, NFX, Tekton Ventures, Big Sur Ventures and Mark Goines.