US

Fair racks up $385 mln Series B

Santa Monica, California-based Fair, a car-as-a-service provider, has raised $385 million in Series B financing. SoftBank led the round with participation from other investors that included Exponential Ventures, Munich Re Venture's ERGO Fund, G Squared and CreditEase.

Changing Health lands funding

UK-based Changing Health, a provider of digital behaviour change programs, has secured 3 million pounds in funding. Shift Invest led the round.

Simplifya pulls in $3 mln Series C

Denver, Colorado-based Simplifya, a developer of regulatory compliance software for the cannabis industry, has secured $3 million in Series C funding. Merida Capital Partners led the round.

New Rhein collects $47.7 mln for fund

New Rhein Healthcare Investors, a private equity firm focused on healthcare therapeutics and medical devices, has raised $47.7 million for its first pooled fund. Also, it has secured an additional $15 million commitment, which will be released when the fund reaches its $100 million final target.

Electric skateboard maker Boosted raises $60 mln

Mountain View, California-based Boosted, maker of an electric skateboard and provider of last-mile electric vehicles, announced it has raised $60 million in a Series B round of funding. Khosla Ventures and iNovia Capital co-led the round, which included Series A investors Stanford-StartX Fund and Bay Meadows. The company, founded in 2011, has now raised more than $70 million. As part of the round, Patrick Pichette, former Google CFO and a partner at iNovia Capital, will move from his existing independent board position to a preferred board seat.

Defy leads $16 mln funding in Securly

San Jose, California-based Securly, which focuses keeping kids safe online, has raised $16 million in Series B funding. Defy Partners led the round, which included Owl Ventures. The company has now raised $24 million in total funding.

Sprout Social rallies $40.5 mln

Chicago-based Sprout Social, a provider of social media marketing, analytics and advocacy solutions for business, has secured $40.5 million in funding. The investors were Future Fund, Goldman Sachs and New Enterprise Associates.

SDVentures backs women's health startup Flo Health

Flo Health, a women’s health startup, has secured funding from SDVentures. No financial terms were disclosed.

BacklotCars drives off with $8 mln Series A

BacklotCars, a online used car marketplace for automotive dealers, has secured $8 million in Series A funding. Origin Ventures led the round with participation from other investors that included Revolution's Rise of the Rest Seed Fund, Pritzker Group Venture Capital, KCRise Fund, Royal Street Ventures and Chaifetz Group.

Malta gains $26 mln Series A

Cambridge, Massachusetts-based Malta Inc, a provider of energy storage solutions, has secured $26 million in Series A funding. Breakthrough Energy Ventures led the round with participation from other investors that included Concord New Energy Group and Alfa Laval.