US

Michael Rothenberg agrees to settle charges with SEC

Michael Rothenberg agreed to settle charges with the SEC that he embezzled money from LPs to pay for personal business ventures and lavish parties and events, according to an SEC press release.

Grand Angels targets $25 mln for new venture fund

Grand Angels, a Michigan-based regional investment group, is seeking to raise $25 million for its third venture fund. Grand Angels Venture Fund III will focus on emerging companies in the following sectors: advanced manufacturing and materials, advanced technologies in agriculture and food, life sciences and software.

Seven Peaks Ventures raises $21.1 mln for venture-capital fund

Seven Peaks Ventures has raised $21.1 million toward a $30 million second venture-capital fund, according to a filing with the SEC.

Previse snaps up $7 mln Series A

London and Glasgow-based Previse, a machine learning firm, has raised $7 million in Series A funding. Augmentum Fintech PLC led the round with participation from other investors that included Bessemer Venture Partners and Hambro Perks.

SoftBank leads Series D round for carsharing platform Getaround

San Francisco-based Getaround, a carsharing platform, has secured $300 million in Series D financing. SoftBank led the round with participation from other investors that included Toyota Motor Corporation.

TomboyX pulls in $4.3 mln Series A

Seattle-based TomboyX, a gender-neutral underwear brand, has raised $4.3 million in Series A funding. TAU led the round with participation from Redbadge Pacific and SBI Investments Korea. In conjunction with the funding, Pauline Brown, a senior adviser to TAU and former chairman of North American for the LVMH Group, has joined TomboyX's board of directors.

OSF to fund Renovia

OSF Ventures has made an investment in Boston-based Renovia, a provider of digital therapeutic and diagnostic devices that help women with pelvic floor dysfunction. No financial terms were disclosed.

Canvass Analytics rakes in $5 mln

Toronto-based Canvass Analytics, a provider of AI-enabled predictive analytics for the industrial internet of things, has raised $5 million in funding. Gradient Ventures led the round with participation from Bedrock Industries, Viaduct Ventures, Real Ventures and Barney Pell. The capital will be used for growth and expansion.

Knewton gathers $25 mln

New York City-based Knewton, a provider of adaptive learning products and technologies, has raised up to $25 million in capital. TriplePoint Capital led the round with a debt facility of up to $20 million while Knewton's previous backers, which include Accel, Atomico, Bessemer Venture Partners, FirstMark Capital, First Round Capital, Founders Fund and Sofina, invested an additional $5 million.

Atomic Capital recruits Lyons as chief innovation officer

Atomic Capital, a blockchain, financial technology and investment firm, has named Peter Lyons as chief innovation officer. Previously, Lyons worked at the World Economic Forum where he served as partnership development lead.