US

HistoSonics picks up $54 mln Series C

Ann Arbor, Michigan-based HistoSonics, a developer of a non-invasive robotics platform and novel beam therapy, has raised $54 million in Series C financing. Varian Medical Systems Inc led the round with participation from other investors that included Johnson & Johnson Innovation - JJDC, Inc, Lumira Ventures, Venture Investors and the State of Wisconsin Investment Board.

Crypto payments network Flexa pulls in $14.1 mln

New York-based Flexa, a crypto payments network, has raised $14.1 million in funding. The investors included Pantera Capital, 1kx, Nima Capital and Access Ventures.

Biotech firm Inozyme fetches $67 mln

Boston-based Inozyme Pharma Inc, a biotechnology company, has raised $67 million in Series A2 financing. Pivotal bioVenture Partners and Sofinnova Investments led the round.

Trint scores $4.5 mln

UK-based Trint, an automated transcription and editing platform, has raised $4.5 million in funding. Horizons Lab led the round with participation from other investors that included TechNexus and The Associated Press.

Slow Ventures collects $220 mln for two funds

Slow Ventures has raised $220 million for two funds, according to a Medium blog post. The firm's fourth seed fund Slow IV has secured $165 million while its inaugural opportunity fund Slow Opportunity I raised $55 million. Based in San Francisco, the venture firm invests in the tech sector.

Small biz bookkeeping platform Back Office grabs $1.8 mln seed

Florida and California-based Back Office, an automated bookkeeping platform for small businesses, has raised $1.8 million in seed funding. Active Capital led the round with participation from other investors that included 500 Fintech and PlugNPlay Ventures.

HiMama secures C$7.25 mln in Round 13-led Series A round

Toronto-based early childhood technology startup HiMama has raised C$7.25 million in a Series A financing. The round was led by Canadian growth-stage venture capital firm Round 13 Capital. Round 13 Managing Partner Bruce Croxon will join the board. Founded in 2013 by CEO Ron Spreeuwenberg and CTO Alana Frome, HiMama provides technology that helps child care directors and owners empower their staff, support parents, improve learning outcomes, and grow their business.

Accel leads Series A round for Rasa

San Francisco-based Rasa, an open source company that enables developers to build contextual AI assistants, has secured $13 million in Series A funding. Accel led the round with participation from other investors that included Basis Set Ventures.

Flyreel nabs $3.85 mln

Denver-based Flyreel, a provider of artificial intelligence solutions for property insurance, has raised $3.85 million in funding. Gradient Ventures, Google's AI-focused venture fund, led the round.

Enterprise IoT security company Armis picks up $65 mln Series C

Palo Alto, California-based Armis, an enterprise IoT security company, has raised $65 million in Series C funding. Sequoia Capital led the round with participation from Insight Venture Partners, Intermountain Ventures, Bain Capital Ventures, Red Dot Capital Partners and Tenaya Capital. In addition to the funding, Carl Eschenbach, a partner at Sequoia, joined the Armis board of directors.