US

Cricket Health nabs $24 mln Series A

San Francisco-based Cricket Health, a provider of integrated kidney care, has secured $24 million in Series A funding. Oak HC/FT led the round with participation from other investors that included Cigna Corporation, LifeForce Capital, iSeed Ventures, Liquid 2 Ventures, First Round Capital, Box Group, Nexus Ventures, Seven Peaks Ventures, Aberdare Management and LinkedIn CEO Jeff Weiner.

Kira Systems closes $50 mln Series A with Insight Venture Partners

Kira Systems, a Toronto-based artificial intelligence-enabled contract analytics software vendor, has raised $50 million in a Series A financing. The round was backed by U.S. venture capital firm Insight Venture Partners. As a result, Insight Managing Director Peter Sobiloff will join the board. Founded in 2011 by CEO Noah Waisberg and CTO Alexander Hudek, Kira’s platform leverages machine learning technology to automatically identify and extract relevant information from contracts and related documents.

Vertex Ventures leads $3 mln round for Fleetonomy

Fleetonomy, a provider of fleet management solutions, has secured $3 million in funding. Vertex Ventures led the round. In conjunction with the funding, Fleetonomy has added Steve Girsky, former vice chairman of General Motors and Mary Chan, former On-Star executive, to its board of advisers.

Silverfleet hires co-head of lower mid-market investing and co-head of Benelux region

Silverfleet Capital has named Alex Brebbia as co-head of lower mid-market investing. Also, the European private equity firm has appointed Erik Fuchs as co-head of the Benelux region. Brebbia is a former managing partner at Spring Ventures while Fuchs previously worked at Alpha Private Equity.

ThinCI fetches $65 mln Series C

El Dorado Hills, California-based ThinCI Inc, an AI hardware startup developing computing platforms, has raised $65 million in Series C funding round. DENSO and Temasek led the round with participation from other investors that included GGV Capital and Mirai Creation Fund – backed by Toyota.

Finnish women's health-focused drug developer Forendo Pharma lands funding

Forendo Pharma, a Finnish drug developer focusing on new treatments in women's health, has raised 4 million euros in funding. The investor was Vesalius Biocapital III Partners.

Alpha Tau Medical grabs $29 mln

Tel Aviv and Boston-based Alpha Tau Medical, a developer of alpha radiation cancer therapy, has secured $29 million in financing. Shavit Capital led the round with participation from other investors that included OurCrowd.com, Medison Ventures and the venture capital arm of Medison Pharma.

Readly inks $12 mln

Readly, a digital magazine service that provides customers with unlimited access to national and international digital magazines, has raised $12 million in funding. The investors were Swedbank Robur and Zouk Capital.

Westlake Village BioPartners gathers $320 mln for maiden fund

Los Angeles-based Westlake Village BioPartners, a venture firm focused on life sciences, has raised $320 million for its debut fund. Dr. Beth Seidenberg, a general partner at Kleiner Perkins and former chief medical officer and head of global development at Amgen and Dr. Sean Harper, executive vice president and head of R&D at Amgen, will lead Westlake’s investing activities. And, Scott Ryles, chief operating officer at Kleiner Perkins, will be Westlake's chief operating officer.

Vinted snags funding

Vinted, a European marketplace for used clothes and accessories, has raised 50 million euros in funding. Sprints Capital led the round with participation from return backers Insight Venture Partners and Burda Media.