US

Merida leads Series B round for cannabis company Henry's Original

California-based Henry’s Original, a cannabis company and brand, has raised $11 million in Series B funding. Merida Capital Partners led the round with participation from other investors that included Big Rock Partners, Delta Emerald Ventures and funds managed by JW Asset Management.

Lucira Health raises $15 mln

Lucira Health said Aug. 5 that it raised $15 million in a Series B equity financing led by Seraph Group. Eclipse Ventures, DCVC (Data Collective), Y Combinator and Sunstone Management participated in the round. ShangBay Capital also invested in the company. Lucira Health, of Emeryville, California, develops instrument-free, molecular infectious disease testing products.

Wind Point exits Evans Food Group

Wind Point Partners said Aug. 5 that it sold Evans Food Group to Highlander Partners. Financial terms weren’t announced. Evans, of Chicago, produces and sells a portfolio of finished pork rinds and pork rind pellets to customers in the U.S., Canada and more than ten countries across Latin America.

Nyca raises $210 mln third fund for fintech investments

Nyca Partners, a fintech-focused venture fund, announced that it closed a $210 million third fund.

Hedge fund Coatue Management closes its debut $700 mln venture fund

Coatue Management, a tech-focused hedge fund based in New York City, has reportedly raised $700 million for a new early-stage venture capital fund.

Iporanga Ventures to raise $100 mln venture-capital fund

Iporanga Ventures has set out to raise a $100 million early-stage venture-capital fund, according to a filing with the SEC.

Clearbanc secures $300 mln to fuel e-commerce funding model

Clearbanc, a Toronto-based provider of marketing capital for e-commerce brands, has raised about $300 million in additional financing. The equity portion, reportedly about $50 million, was led by U.S. venture capital firm Highland Capital Partners. General Partner Dan Nova will join the board. Highland was joined by Inovia Capital and Emergence Capital, both of which invested in last year’s combined $120 million financing. The balance of the new round, led by Arcadia Funds and Upper90, will capitalize a fund intended to back Clearbanc’s e-commerce clients.

Capstar targets $75 mln for new venture fund

Capstar Partners LLC is seeking to raise $75 million for its new venture fund, according to an SEC filing. Based in Austin, Texas, Capstar invests in early-stage private companies across a variety of industries.

Biome Makers lands $4 mln

Biome Makers, which uses advanced data analytics and artificial intelligence to analyze the soil’s ecosystem and provide insights to farmers, has secured $4 million in funding. Seaya Ventures and JME Ventures led the round with participation from LocalGlobe.

Digital identity startup Yoti nabs funding

UK-based digital identity startup Yoti has raised 8 million pounds in funding, according to an announcement on the site. The investors were not named.