US

Parking app ParkWhiz drives off with $20 mln

ParkWhiz, a parking app, has raised $20 million in funding. NewSpring led the round with participation from other investors that included Baird Capital, Jump Capital and Beringea.

SkyX raises $9.5 mln in Almond Tree-led Series B round

SkyX, a Toronto-based developer of autonomous vehicles for asset monitoring and data collection, has raised $9.5 million in a Series B financing. The round was led by Almond Tree Enterprise, a Canadian family office. It brings total funding so far to about $20 million. Last year, SkyX secured an investment from China’s Kuang-Chi Group. Founded in 2015 by CEO Didi Horn, SkyX’s drones use a variety of sensors to gather customized, high-resolution data, enabling clients to monitor long-range assets, such as oil and gas pipelines.

Pani rakes in $1 mln seed

Austin, Texas-based Pani, a smart home internet of things company, has raised $1 million in seed funding. Blake Chandlee was the lead investor.

GreyOrange rallies $140 mln Series C

Singapore-based GreyOrange, a maker of advanced robotics systems for automation in distribution and fulfillment centers, has secured $140 million in Series C funding. Mithril Capital led the round with participation from other investors that included Blume Ventures. In addition to the funding, Ajay Royan, co-founder and managing general partner of Mithril Capital, will join the GreyOrange board.

Silvernest raises $3 mln in Incenter-led deal

Silvernest said it raised $3 million of Series A capital in a deal led by Incenter, a Blackstone Group portfolio company. Silvernest has now raised $4.45 million.

Aramco considering $1 bln tech venture fund: WSJ

Aramco, Saudi Arabia's national oil company, is considering a $1 billion venture fund that will invest in international technology firms, according to the Wall Street Journal. The news outlet also reported that Aramco is contemplating opening an office in Silicon Valley or "elsewhere in the U.S. to generate deals."

Freelance workers' marketplace Upwork files to go public

Mountain View, California-based Upwork Inc, a freelance workers' marketplace, has filed for an IPO. The number of shares the stock will sell as well as its pricing terms have yet to be set. The company plans on trading the stock on the NASDAQ under the ticker symbol "UPWK." Citigroup Global Markets Inc., Jefferies LLC and RBC Capital Markets LLC are the lead underwriters. Upwork's backers include T. Rowe Price, Sigma Partners, Benchmark, Globespan Capital Partners, Stripes Group, New Enterprise Associates, FirstMark and Jackson Square Ventures, according to Crunchbase.

Vapor IO inks Series C funding

Austin, Texas-based Vapor IO, a developer of hardware and software solutions for edge computing, has raised an undisclosed amount of Series C funding. Berkshire Partners led the round with participation from existing backer Crown Castle.

TAPPP gathers $5 mln Series A

New York-based TAPPP, a pre-paid platform enabling global access to premium live sports content, has secured $5 million in Series A financing. The lead investor was leAD Sports/OurCrowd’s ADvantage Fund. Other investors in the round included Accomplice, Elysian Park, Go4it, Courtside VC and Sterling.VC.

4DMT reels in $90 mln Series B

4D Molecular Therapeutics, a gene therapy company, has raised $90 million in Series B Financing. Viking Global Investors led the round with participation from ArrowMark Partners, Janus Henderson Investors, The Biotechnology Value Fund, MiraeAsset Financial Group, Pappas Capital & Chiesi Ventures, Pfizer Ventures, Perceptive Advisors, Ridgeback Capital Investments, CureDuchenne Ventures and Berkeley Catalyst Fund.