US

Propel gathers $18 mln Series B

Santa Clara, California-based Propel, a platform for future brands, has raised $18 million in Series B funding. Norwest Venture Partners led the round. In addition to the funding, Norwest Partner Sean Jacobsohn will join the Propel board.

RET Ventures wraps up fund at $108 mln

Real Estate Technology Ventures has closed its inaugural fund at $108 million. Real Estate Technology Ventures I will focus on real estate technology companies. The fund's limited partners include real estate investment trusts, Aimco, Boardwalk, Essex, MidAmerica, UDR, Starwood Capital Group, Cortland and GID.

SmartRent nets $5 mln

Scottsdale, Arizona-based SmartRent, a smart home automation platform company for property managers and renters, has secured $5 million in funding. Real Estate Technology Ventures led the round.

Pachyderm bags $10 mln in Benchmark-led round

Pachyderm, a big data company, has raised $10 million in funding, according to a post on the Soma Capital website. Benchmark led the round.

AdaSky locks in $20 mln

Israel-based AdaSky, a provider of far-infrared technology for self-driving vehicles, has secured $20 million in funding. The lead investor was Sungwoo Hitech Co. Ltd.

Renalytix AI lands $29 mln

UK-based Renalytix AI plc, a developer of artificial intelligence-enabled clinical diagnostics for kidney disease, has secured $29 million in funding. The investors were not named.

Software startup Kaloom locks in $10 mln

Montréal and Silicon Valley-based Kaloom, a software startup, has secured $10 million in funding. Fonds de solidarité FTQ and Somel Investments led the round with participation from MBUZZ Investments. This funding raises Kaloom’s total investments to $20.7 million.

Cadent Therapeutics rakes in $40 mln Series B

Cadent Therapeutics, a developer of therapies focused on movement and cognitive disorders, has raised $40 million in Series B financing. Cowen Healthcare Investments and Atlas Venture led the round with participation from Qiming Venture Partners, Access Industries, Clal Biotechnology Industries and Novartis Institutes for Biomedical Research. In addition, the company has appointed Dr. Bob Dagher as chief medical officer.

Standard Cognition procures $40 mln Series A

San Francisco-based Standard Cognition, a provider of AI-powered autonomous checkout solutions for brick and mortar retailers, has raised $40 million in Series A funding. Initialized Capital led the round with participation from other investors that included CRV, Y Combinator and Draper Associates.

Apex.ai nabs $15.5 mln Series A

Apex.ai, which is building an operating system for self-driving vehicles, has raised $15.5 million in Series A funding, according to a blog post. Canaan led the round with participation from seed backer Lightspeed.