US

Menlo Ventures recruits new partner to firm

Menlo Ventures has hired Jean-Paul Sanday as a partner. Previously, he worked at Summit Partners as an inflection-stage investor.

Purdue University spin-out Novosteo inks $500K

Novosteo, a Purdue University spin-out, has secured $500,000 in seed funding. The investor was Research Bridge Partners. Novosteo is developing a novel injectable-targeted drug for broken and compromised bones.

Pathstream picks up $12 mln Series A

San Francisco-based Pathstream, a creator of educational programs for colleges in partnership with tech firms, has raised $12 million in Series A funding. The investors included TDM Partners, Hereditas Capital Management, Bisk Ventures, New Ground Ventures and Rethink Education.

Fertility health startup Dadi nabs $5 mln

Fertility health startup Dadi has raised $5 million in funding. TCG, an affiliate of The Chernin Group, led the round. In addition to the funding, TCG Partner Marco DeMeireles will also join Dadi's board.

PolyCharge America grabs funding

Tucson, Arizona-based PolyCharge America Inc, a capacitor technology company, has raised an undisclosed amount of funding. The backer was SFM Holdings, an investment arm of Mursix Corporation.

Mexican online university takes in $1 mln

Universidad Kuepa, a Mexico-based online university, has secured $1 million in funding. The investor was Adobe Capital.

Helbiz closes $7.13 mln in private placement

New York-based Helbiz, an intra-urban transportation company, has raised about $7.13 million in a private placement. TriPoint Global Equities LLC was the placement agent.

Valar Ventures racks up $150 mln for fifth fund

Valar Ventures has raised $150 million for its fifth fund, according to an SEC filing. Based in New York, the venture firm was founded by Peter Thiel.

PurpleLab raises $3 mln

PurpleLab said Aug. 8 that it raised $3 million in growth financing from Edison Partners. PurpleLab is a healthcare data and analytics platform.

Vymo raises $18 mln

Vymo said Aug. 8 that it raised $18 million in Series B funding led by Emergence Capital. Existing investor Sequoia India also participated in the round. Vymo provides an AI-powered mobile personal sales assistant that aims to capture data of sales activities.