US

BITKRAFT Esports to raise $125 mln venture fund

BITKRAFT Esports Ventures has set out to raise a $125 million venture-capital fund, according to a filing with the SEC.

Crew nabs $35 mln Series C

Crew, a chat app for companies that employ shift workers, has raised $35 million in Series C funding, according to a Medium post. The investors were DAG Ventures, Tenaya Capital, Greylock Partners, Sequoia Capital, Harrison Metal Capital and Aspect Ventures.

Crypto platform Layer1 procures $2.1 mln seed

San Francisco-based Layer1, a crypto investment and infrastructure platform, has secured $2.1 million in seed funding. The investors included Peter Thiel, Digital Currency Group and Jeffrey Tarrant.

PopDog grabs $9 mln Series A

Los Angeles-based PopDog, a developer of tools for esports, has raised $9 million in Series A funding. Makers Fund led the round with participation from Korea Investment Partners.

ACV Auctions locks in $93 mln Series D

Buffalo, New York-based ACV Auctions Inc, an online wholesale automotive marketplace, has secured $93 million in Series D funding. Bain Capital Ventures and Bessemer Venture Partners led the round with participation from other investors that included Future Fund, Tribeca Ventures and Armory Square Ventures.

Underscore.VC garners over $132 mln for sophomore fund

Boston-based venture firm Underscore.VC has raised over $132 million for its second fund, according to an updated SEC filing. The target is $140 million. The firm invests in a number of sectors that include artificial intelligence, blockchain, internet of things and machine learning.

DrChrono fetches $10 mln

Sunnyvale, California-based DrChrono Inc, "which brings the medical practice of the future into reality," has raised $10 million in funding. The backer was SQN Venture Partners.

Earnin inks $125 mln

Earnin, an app that allows people to bypass the two-week pay period, has raised $125 million in financing. The investors included DST Global, Andreessen Horowitz, Spark Capital, Matrix Partners, March Capital Partners, Coatue Management and Ribbit Capital.

Halo Labs scores $5.6 mln Series B

Philadelphia-based Halo Labs, a developer of tools for biologics researchers, has raised $5.6 million in Series B financing round. The lead investor was Research Corporation Technologies.

Medical diagnostics Kypha snags $4 mln Series A

St. Louis, Missouri-based Kypha, a medical diagnostics company, has secured $4 million in Series A funding. Arsenal Capital Management led the round.