US

ARCH Venture Partners to raise $600 mln for 10th fund

ARCH Venture Partners is seeking to raise $600 million for its tenth fund, according to an SEC filing. The Chicago-based venture firm makes seed/early-stage investments in tech firms.

XtalPi rakes in $46 mln

Cambridge, Massachusetts-based XtalPi Inc., a biotech startup, has raised $46 million in funding. China Life Healthcare Fund led the round with participation from SIG and Yael Capital.

AnyMind takes in $13.4 mln

Singapore-based AnyMind Group, an AI solutions provider, has raised $13.4 million in funding. The investors included LINE Corporation, Mirai Creation Fund, JAFCO Asia and Dream Incubator.

Zentail lands $5 mln Series A

Zentail, an e-commerce automation software operations platform, has secured $5 million in Series A financing. Initialized Capital led the round with participation from FundersClub.

Waterline Data scores $14.5 mln Series C

Mountain View, California-based Waterline Data, a provider of data cataloging solutions and applications, has raised $14.5 million in Series C funding. Menlo Ventures led the round with participation from Jackson Square Ventures, Partech Ventures and Infosys.

PE-backed EverZinc and XponentialWorks form EverZinc Digital

EverZinc, a portfolio company of OpenGate Capital, has launched EverZinc Digital, which plans on developing new rechargeable energy storage solutions, extended-life packaging and coating applications and new skincare, rubber, and agricultural products. EverZinc Digital was formed in partnership with XponentialWorks, a venture investment, corporate adviser and product development company, specializing in artificial intelligence, digital manufacturing, 3D printing, robotics and the digital transformation of traditional businesses.

Sweetgreen seeks $200 mln round: CNBC

Sweetgreen is seeking to raise about $200 million, CNBC reported. Fidelity Investments is leading the round for the fast-casual food chain that focuses on salads, the story said.

Collagen maker Geltor raises $18 mln

San Leandro, California-based Geltor, which designs animal-and GMO-free designer proteins, including collagen, announced last week it raised $18.2 million in a Series A round of funding. Cultivian Sandbox Ventures led the financing, which included GELITA, ADM Ventures, Cavallo Ventures and Box Group. The company, founded in 2015, has now raised $23 million to date.

Epic Games raises $1.25 bln

Epic Games said Oct. 26 that it raised $1.25 billion from KKR, ICONIQ Capital, Smash Ventures, aXiomatic, Vulcan Capital, Kleiner Perkins, and Lightspeed Venture Partners. Epic Games, of Cary, North Carolina, is the creator of Fortnite, Unreal, Gears of War, Shadow Complex, and the Infinity Blade series of games. Minority investors already include Tencent, Disney and Endeavor. Raine Group and Guggenheim Securities LLC provided financial advice to Epic Games. Smith Anderson is acting as legal adviser to Epic Games.

Epic Games lands about $1.25 bln

Cary, North Carolina-based Epic Games, a creator of video games, has secured about $1.25 billion in funding. The investors were KKR, ICONIQ Capital, Smash Ventures, aXiomatic, Vulcan Capital, Kleiner Perkins and Lightspeed Venture Partners. The Raine Group and Guggenheim Securities LLC are serving as financial advisers to Epic Games on the transaction while Smith Anderson is providing legal advice.