US

MJ Freeway rakes in $10 mln Series C

Denver-based MJ Freeway, a cannabis technology company, has closed $10 million in Series C funding. Batu Capital Investments led the round.

Residential rental startup Zumper locks in $46 mln Series C

San Francisco-based Zumper, a residential rental startup, has raised $46 million in Series C funding. The investors included Axel Springer, Stereo Capital, Blackstone, Dawn Capital, Kleiner Perkins, Breyer Capital, Scott Cook and Goodwater Capital.

Galera Therapeutics fetches $150 mln Series C

Malvern, Pennsylvania-based Galera Therapeutics Inc, a clinical-stage biotechnology company, has secured $150 million in Series C financing. Clarus led the round with participation from Adage Capital Management, HBM Healthcare Investments, Nan Fung Life Sciences, RA Capital, Rock Springs Capital, Tekla Capital Management LLC, Correlation Ventures, Galera Angels, New Enterprise Associates, Novartis Venture Fund, Novo Ventures and Sofinnova Ventures. In conjunction with the funding, Dr. Emmett T. Cunningham Jr, a managing director at Clarus, will join Galera’s board of directors.

Alydia Health picks up $10 mln Series B

Menlo Park, California-based Alydia Health, a medical device firm focused on making childbirth safe for mothers, has secured $10 million in Series B financing. Global Health Investment Fund led the round.

Lakehouse Ventures to raise $25 mln for sophomore fund

Lakehouse Ventures targets $25 million for second fund, according to an SEC filing. The venture firm invests in early-stage companies in New York.

Town Hall Ventures raises $115 mln for inaugural fund

Town Hall Ventures has closed its debut fund at $115 million. The fund will focus on investing in the health care of underserved communities. In addition to the fund-closing, the firm has also named Ann Hickey as a vice president.

Rocket Internet prepares IPO for African platform Jumia, say sources: Reuters

German start-up investor Rocket Internet (RKET.DE) is preparing its African online shopping platform Jumia for a possible New York listing in the first quarter of 2019 which could value the firm at about $1 billion, sources told Reuters.

WalkMe grabs $40 mln Series F

San Francisco-based WalkMe, a digital adoption platform, has raised $40 million in Series F financing. Insight Venture Partners led the round with participation from Mangrove Capital Partners.

Alumni Ventures unveils four new funds

Alumni Ventures has launched four new funds: Elite Engineers Fund, the B-School Fund, Little Ivy Ventures and the Midwest Value Fund. Elite Engineers invests in ventures led by alumni of top engineering schools; the B-School Fund invests in top business school grads; Little Ivy Ventures backs startups founded by alumni from Bowdoin, Middlebury, Amherst, Williams and Tufts; and Midwest Value Fund invests in opportunities outside California, New York and Massachusetts. Each fund is targeting between $5 and $10 million.

DataGrail inks $4 mln Series A

DataGrail, a personal data privacy startup, has secured $4 million in Series A funding. Cloud Apps Capital Partners led the round with participation from Gunderson Dettmer.