US

Transitiv lands $1.7 mln seed

Transitiv, an open platform to unify, understand and activate customer data, has secured $1.7 million in seed funding. Vocap Investment Partners led the round.

Fintech startup Alpaca grabs $6 mln

Silicon Valley-based Alpaca, a fintech startup, has secured $6 million in funding. The investors included Spark Capital and Social Leverage.

Office furniture company Branch picks up $2.4 mln seed

New York City-based Branch, a provider of office furniture, has secured $2.4 million in seed funding, according to a blog post on its site. Nine Four Ventures led the round with participation from other investors that included Alate Partners, RRE, Dolik Ventures and Rough Draft.

Swedish e-scooter operator Voi Technologies rides off with $85 mln

Voi Technology, a Swedish e-scooter operator, has raised $85 million in funding. Vostok New Ventures led the round with participation from other investors that included Balderton Capital, Creandum, Project A, JME Ventures, Raine Ventures, Kreos Capital, Inbox Capital, Rider Global and Black Ice Capital.

Clean tech firm HFE snags $150 mln

London-based Hero Future Energies, a clean tech company, has secured $150 million in funding. The investor was Masdar. The capital will be used to back HFE's expansion of its renewable energy portfolio.

GuRu Wireless nabs $15 mln Series A

Pasadena, California-based GuRu Wireless Inc, a millimeter-wave technology company, has secured $15 million in Series A funding. The investors include Kairos Ventures and BOLD Capital Partners.

Workato inks $70 mln Series C

Workato, an enterprise automation platform, has secured $70 million in Series C funding. Redpoint Ventures led the round with participation from Norwest Venture Partners, Geodesic Capital, Battery Ventures and Storm Ventures.

Games studio Flavourworks pulls in Series A

Flavourworks, a games studio, has secured 3 million pounds in Series A funding. The investors included Hiro Capital and Sky Ventures.

89Bio debuts IPO

San Francisco and Israel-based 89Bio, a clinical-stage biopharmaceutical company focused on nonalcoholic steatohepatitis and other liver and metabolic disorders, has raised about $84.9 million for its IPO after pricing its over 5.3 million shares at $16 per share. The stock began trading November 11, 2019 on the NASDAQ under the ticker symbol "ETNB." BofA Securities, SVB Leerink and RBC Capital Markets are the lead underwriters. 89Bio's pre-IPO backers include OrbiMed Israel, OrbiMed US, Longitude Capital, RA Capital Management and Pontifax.

HBC closes sale of Lord + Taylor to VC-backed Le Tote

Canadian retailer Hudson’s Bay Co has closed its previously announced sale of department store chain Lord + Taylor to Le Tote Inc, a San Francisco-based fashion rental subscription service. The purchase price was C$99.5 million (US$75 million). As part of the deal, Le Tote has acquired the Lord + Taylor brand and related intellectual property as well as the operations of 38 stores, Lord + Taylor digital channels and the associated inventory. Le Tote's backers include Andreessen Horowitz, Azure Capital Partners, GV, Lerer Hippeau Ventures, Sway Ventures and Y Combinator.