US

PathAI raises $60 mln

PathAI said April 17 that it raised $60 million in Series B funding led by General Atlantic. General Catalyst invested in the round and other existing investors. PathAI, of Boston, provides artificial intelligence-powered technology for pathology.

Verdemed raises $12.7 mln

Verdemed Holdings Inc, a Canadian medical cannabis company that aims to improve the health of patients in Latin America, said April 16 that it raised $12.7 million in funding. The $12.7 million includes $650,000 in seed funding secured in late 2018, an initial capital installment of $6 million in convertible debt and a second installment of $6 million equity.

Outreach raises $114 mln

Outreach said April 17 that it raised $114 million in a Series E financing round led by Lone Pine Capital. Participating in the round were Meritech Capital Partners and new investor Lemonade Capital, Allison Bhusri's investment fund. Existing investors DFJ Growth, Four Rivers Group, Mayfield, Microsoft Ventures, Sapphire Ventures, Spark Capital and Trinity Ventures also joined the round, bringing Outreach's total funding to date to $239 million. Outreach is a sales engagement platform.

MUIP backs Chainalysis

New York-based Chainalysis Inc, a provider of investigation and compliance solutions to combat against illicit cryptocurrency activities, has raised an undisclosed amount of funding. The investor was MUFG Innovation Partners Co. Ltd.

Barclay's provides $100 mln debt funding to Brex

San Francisco-based Brex, a corporate card for startups, has secured $100 million in debt funding from Barclay's Investment Bank. The capital will be used by Brex to scale its corporate offerings. Brex is backed by Y Combinator Continuity, Ribbit Capital, Greenoaks Capital, DST Global, IVP, Peter Thiel and Max Levchin.

German music tech startup Skoove rakes in funding

German music tech startup Skoove has raised 3 million euros in funding, according to a blog post on its site. Skoove's investors include Caparuca, MGO, Digital Ventures, IBB Beteiligungsgesellschaft and High-Tech Gründerfonds.

Amenity Analytics nabs $18 mln Series B

Amenity Analytics, an AI-enabled insights platform, has raised $18 million in Series B funding. The investors included STARR Companies, Allstate, Intel Capital and State of Mind Ventures.

Sila Nano pulls in $170 mln Series E

Alameda, California-based Sila Nanotechnologies, a next-generation battery materials company, has secured $170 million in Series E funding. Daimler AG led the round with participation from 8VC, Bessemer Venture Partners, Chengwei Capital, Matrix Partners, Siemens Next47 and Sutter Hill Ventures. In addition to its funding, Daimler’s Alex Nediger and Jeff Immelt, former CEO of General Electric, will join Sila Nano’s board.

Zencargo procures $20 mln Series A

London-based Zencargo, a digital freight forwarder, has raised $20 million in Series A funding. HV Holtzbrinck Ventures led the round with participation from Tom Stafford, managing partner at DST Global, Pentland Ventures, Samos, LocalGlobe and Picus Capital.

Bay Capital Ventures amasses nearly $45 mln for maiden fund

Bay Capital Ventures has raised nearly $45 million for its debut fund, according to an SEC filing. The target is $150 million.