US

Rafay Systems attracts $8 mln Series A

Rafay Systems, a provider of an automation framework for containerized app lifecycle management, has secured $8 million in Series A funding. Ridge Ventures led the round with participation from NTT DOCOMO Ventures, Costanoa Ventures and Moment Ventures.

LINQ inks Series A

Oakland, California-based LINQ, a construction data and document search tool, has secured an undisclosed amount of Series A funding. The investor was Stanley Black & Decker.

Middesk nabs $4 mln seed

Middesk, a provider of background checks for businesses, has secured $4 million in seed funding, according to a Medium blog post. Accel Partners led the round with participation from Sequoia Capital and Y Combinator.

Insilico Medicine grabs $37 mln

Hong Kong-based Insilico Medicine, an artificial intelligence company, has secured $37 million in funding. Qiming Venture Partners led the round with participation from other investors that included Eight Roads, F-Prime Capital, Lilly Asia Ventures, Sinovation Ventures, Baidu Ventures, Pavilion Capital and BOLD Capital Partners.

SV Tech Ventures gathers over $23.1 mln for third fund

SV Tech Ventures has raised over $23.1 million for its third fund, according to an SEC filing. The target is $100 million. Based in Palo Alto, California, the venture firm focuses on high-tech companies.

Truman's picks up $5 mln seed

Truman's, a direct-to-consumer cleaning products company, has raised $5 million in seed funding. Henkel led the round.

Voyage inks $31 mln Series B

Voyage, an autonomous vehicle startup, has raised $31 million in Series B funding, according to a blog post. Franklin Templeton led the round with participation from Khosla Ventures, Jaguar Land-Rover’s InMotion Ventures and Chevron Technology Ventures.

Element AI scores Series B

Element AI, a developer of artificial intelligence-powered software solutions, has raised C$200 million (US$151.4 million) in Series B financing. The investors included Caisse de dépôt et placement du Québec, McKinsey & Company, QuantumBlack, Gouvernement du Québec, DCVC, Hanwha Asset Management, BDC Capital and Real Ventures. With this funding, Element AI has raised a total of C$340 million (US$257 million). Allen & Company LLC was financial adviser for the financing. Element AI has offices in Montreal, Toronto, London, Seoul and Singapore.

CEMEX Ventures backs GoFor Industries

GoFor Industries, a last-mile logistics marketplace with operations in Canada and the U.S., has raised an undisclosed amount of funding. The investor was CEMEX Ventures. Founded in 2016, GoFor is focused on the supplier and retailer supply chain.

Next Coast taps Puil as EIR

Austin-based Next Coast Ventures has named Sarah Puil as an entrepreneur-in-residence. Previously, Puil was senior vice president at Civic Entertainment.