US

Cherry Ventures targets over $200.7 mln for third U.S. fund

Cherry Ventures is seeking to raise over $200.7 million for its third U.S. fund, according to an SEC filing. Based in Berlin, Cherry Ventures makes seed investments.

K1 invests $200 mln in Onit

Onit Inc, a provider of enterprise workflow solutions, has secured $200 million in funding. The investor was K1 Investment Management.

Israeli drone tech company Flytrex rakes in $7.5 mln Series B

Tel Aviv-based Flytrex, a drone technology company, has raised $7.5 million in Series B funding. Benhamou Global Ventures led the round.

Scape Technologies locks in $8 mln seed

London-based Scape Technologies, a provider of visual positioning services, has raised $8 million in seed funding, according to a blog post. The investors were LocalGlobe, Mosaic Ventures, Fly Ventures and Entrepreneur First.

GreenLight Biosciences grabs $50 mln

Boston-based GreenLight Biosciences Inc, a developer of RNA-based solutions for agriculture and pharmaceutical applications, has secured $50 million in funding. S2G Ventures, Baird Capital and Blue I/O led the round.

Yallacompare fetches $8 mln

Yallacompare, a Middle East-based comparison site for financial products, has raised $8 million in funding. The lead investors were STC Ventures, Wamda Capital and Argo Ventures.

LendingFront nabs $4 mln Series A

LendingFront, a small business lending software provider, has raised $4 million in Series A funding. Information Venture Partners led the round with participation from Newark Venture Partners, Revel Partners, Contour Venture Partners, Struck Capital, ValueStream Ventures and Las Olas VC.

Israeli biotech firm Biond Biologics lands $17 mln Series B

Biond Biologics Ltd, an Israeli biotechnology company, has secured $17 million in Series B financing. Israel Biotech Fund and Harel Insurance & Finance Group led the round with participation from other investors that included Celgene Corporation and SBI JI Innovation Fund.

Cannabis industry data provider Headset inks $12.1 mln Series A

Headset, a provider of data and analytics to the cannabis industry, has raised $12.1 million in Series A financing. The lead investors were Poseidon Asset Management and AFI Capital Partners. In conjunction with this financing, Emily Paxhia of Poseidon and Nico Richardson of AFI will be joining Headset’s board of directors.

Humatics racks up $28 mln

Cambridge, Massachusetts-based Humatics Corp, a provider of microlocation systems and analytics software, has raised $28 million in funding. The investors included Blackhorn Ventures, JCI Ventures, Fontinalis Partners, Airbus Ventures, Lockheed Martin Ventures and Presidio Ventures.