US

Coefficient Capital to raise $150 mln venture-capital fund

Coefficient Capital has set out to raise a $150 million maiden venture-capital fund, according to a filing with the SEC.

Madrona names Elisa La Cava senior associate

Madrona Venture Group named Elisa La Cava a senior associate.

Rhumbix picks up $8 mln

San Francisco-based Rhumbix, a mobile platform for smarter construction sites, has raised $8 million in funding. Autodesk led the round.

Western Digital Capital backs Excelero

Western Digital Capital has made an investment in Excelero, bringing the company's total funding to $35 million. San Jose, California-based Excelero is a provider of software-defined block storage solutions.

Temasek-backed Chinese travel site aims to raise up to $300 million, say sources: Reuters

A Chinese travel website backed by Singaporean state investor Temasek Holdings hopes to raise up to $300 million in a new funding round that it hopes to value the firm at $2 billion to $2.5 billion, sources told Reuters.

AI and machine learning tech startup Socialeads nabs $750K seed

Milwaukee-based Socialeads Inc, an artificial intelligence and machine learning technology startup, has raised $750,000 in seed funding. The Winnebago Seed Fund led the round with participation from Northwestern Mutual's Cream City Venture Capital and the BrightStar Wisconsin Foundation.

Threads snags $20 mln Series A

London-based Threads, a luxury retailer that serves the millennial and Generation Z market, has secured $20 million in Series A funding. The investors were C Ventures and Highland Europe.

DoorDash raises $250 mln more at $4 bln valuation

San Francisco-based DoorDash, which operates an on-demand restaurant delivery service, announced that it raised $250 million in a growth round co-led by Coatue Management and DST Global. The company, founded in 2013, has now raised about $1 billion in funding.

Pantera Capital raises $71.5 mln for third venture fund

Pantera Capital has raised $71.5 million for a third venture fund, according to a regulatory filing.

BabelBark snaps up $4.5 mln Series A

BabelBark Inc, a pet-related software developer, has raised $4.5 million in Series A funding. The investors were not named.