US

Accel raises $1.025 bln for two funds, targets $1.5 bln for growth fund: Corrected

Accel Partners has raised $1.25 billion for two new funds, including a fourteenth core fund, and is targeting $1.5 billion more for a growth fund, according to filings with the SEC.

FusionX Ventures collects over $20.5 mln for third fund

San Diego-based FusionX Ventures, an early-stage venture firm, has raised over $20.5 million for its third fund, according to an SEC filing. The target is $50 million.

Data startup Igneous lands $25 mln Series C

Seattle-based data startup Igneous Inc, has raised $25 million in Series C funding. WestRiver Group led the round with participation from other investors that included Madrona Venture Group, New Enterprise Associates, Vulcan Capital and Redpoint Ventures.

Surrozen picks up $50 mln Series B

South San Francisco-based Surrozen Inc., a biopharmaceutical company, has secured $50 million in Series B financing. The investors included Horizons Ventures, Hartford HealthCare Endowment, NS Investment and the Column Group.

Artemis Health attracts $25 mln Series C

Salt Lake City-based Artemis Health, a benefits data analytics company, has raised $25 million in Series C funding. Bessemer Venture Partners led the round with participation from Maverick Ventures, F-Prime, Hearst Health Ventures and Rose Park Advisors.

TDF Ventures and Jump Capital backs UPshow

UPshow, a screen-based consumer engagement platform, has secured $6 million in Series A funding. TDF Ventures and Jump Capital led the round.

Makena Capital Management raises $292.5 mln toward fund

Makena Capital Management has raised $292.5 million toward a perpetual fund, according to a filing with the SEC.

ArangoDB nabs $10 mln Series A

ArangoDB, an open source native multi-model database, has secured $10 million in Series A funding. Bow Capital led the round.

Cannabis-focused venture firm Presidio View collects $5.7 mln for debut fund

San Francisco-based Presidio View Capital Partners, a venture firm that invests in the cannabis industry, has raised $5.7 million for its inaugural fund, according to an SEC filing. The target is $25 million.

Madrona leads Series A round for Ovation.io

Cambridge, Massachusetts-based Ovation.io, a next-generation clinical informatics company, has raised $5 million in Series A funding. Madrona Venture Group led the round with participation from other investors that included Borealis Ventures, Nat Turner, Zach Weinberg, StagedotO and David Shaw.