US

Car IQ rallies $5 mln Series A

Car IQ, a provider of vehicle payment solutions, has raised $5 million in Series A funding. Quest Venture Partners led the round with participation from Avanta Ventures, Citi Ventures, Alpana Ventures, Plug and Play and AVG’s Spike Ventures.

Software Motor Company reels in $31.4 mln

Sunnyvale, California-based Software Motor Company, a developer of an electric motor system, has raised $31.4 million in Series A-2 funding. The investors included JLL Spark and Meson Capital.

Squire Technologies pulls in $8 mln Series A

Squire Technologies, a small business management platform serving the men’s grooming segment, has secured $8 million in Series A funding. Trinity Ventures led the round.

XVC is seeking $265 mil towards second venture fund

InterVene amasses $15 mln Series B

South San Francisco-based InterVene, a provider of a catheter-based solution for deep vein reflux, has raised $15 million in Series B financing. The lead investor was 3x5 Partners.

JD.com's logistics unit raises $218 mln for fund: Reuters

Chinese e-commerce giant JD.com's logistics division has raised $218 million for a new fund that will invest in companies and technologies specializing in logistics, reported Reuters. The fund's limited partners will include JD Logistics and JD.com's mother company.

Vesalius Biocapital wraps up third fund

Luxembourg-based Vesalius Biocapital, a life sciences venture firm, has closed its third fund at 120 million euros. The fund's investors includes the European Investment Fund. Vesalius Biocapital III targets later-stage European life science companies in drug development, medtech, diagnostics and digital health.

Ocrolus gathers $24 mln Series B

New York City-based Ocrolus, an automation platform that analyzes financial documents, has secured $24 million in Series B funding. Oak HC/FT led the round.

Digital manufacturing platform Carbon locks in over $260 mln

Redwood City, California-based Carbon, a digital manufacturing platform, has raised over $260 million in funding. Madrone Capital Partners and Baillie Gifford led the round.

BrightWay Vision procures $25 mln

BrightWay Vision, a subsidiary of Elbit Systems Ltd, has secured $25 million in funding. The investors were Koito Manufacturing Co, Ltd and Magenta Venture Partners.