US

Blueberry Therapeutics inks Series B funding

UK-based Blueberry Therapeutics, a developer of nanomedicines for difficult to treat skin and nail infections, has secured 10 million pounds in Series B funding. The investors were China Medical Venture Investment and A&B.

Progressa raises $84 mln in debt, equity in advance of IPO

Vancouver-based financial technology company Progressa said it closed a debt and equity financing of C$84 million. Canaccord Genuity and Gravitas Securities led the equity funding. They were joined by a syndicate that included Eight Capital and Paradigm Capital. The investment facilitates a loan purchasing program of up to C$72 million with Cypress Hills Partners, a Canadian merchant banking firm. Progressa said it expects the private round to be its last, as the company has begun preparing for an initial public offering next year. Founded in 2013 and led by CEO Ali Pourdad, Progressa is an alternative lender focused on helping consumers resolve overdue bills and other outstanding debts.

Carbyne fetches $15 mln Series B

Tel Aviv and New York-based Carbyne, a provider of public safety solutions, has secured $15 million in Series B financing. Elsted Capital Partners led the round with participation from Founders Fund.

Sila Nanotechnologies rakes in $70 mln Series D

Alameda, California-based Sila Nanotechnologies, a maker of car batteries, has raised $70 million in Series D funding. Sutter Hill Ventures led the round.

SFOX attracts $22.7 mln Series A

SFOX, a cryptocurrency prime dealer for high-volume traders and institutional investors, has raised $22.7 million in Series A funding. Tribe Capital and Social Capital led the round with participation from Y Combinator, Khosla Ventures, DHVC, Blockchain Capital, Upside Partnership, SV Angel, DCG, Mark Britto and Airbnb co-founder Nathan Blecharczyk.

Arcadia Power lands $25 mln Series B

Arcadia Power, a developer of a digital utility, has raised $25 million in Series B funding. G2VP led the round with participation from other investors that included ValueAct Spring Fund, McKnight Foundation, Energy Impact Partners, Cendana Capital, Wonder Ventures and BoxGroup.

Openspace Ventures wraps up second fund at $135 mln

Openspace Ventures has closed its second fund at a hard cap of $135 million. Fund 2's investors include Stepstone Group and Temasek as well as pension funds, university endowments, insurance companies and family offices. Based in Singapore and Jakarta, the venture firm invests in tech companies in Southeast Asia.

LightBay Capital funds Boardroom Salon for Men

Southlake, Texas-based Boardroom Salon for Men, a men's salon franchise, has raised an undisclosed amount of funding. The backer was LightBay Capital.

Datatrak International nabs $8 mln

Cleveland, Ohio and College Station, Texas-based Datatrak International Inc, a provider and of cloud-based technologies for the life sciences industry, has secured $8 million in funding. The investor was TabaFund.

Cargomatic scores $35 mln Series B

Long Beach, California-based Cargomatic Inc, a tech platform that connects shippers and carriers, has raised $35 million in Series B financing. Warburg Pincus led the round with participation from Canaan, Genesee & Wyoming, Xplorer Capital and Muse Family Enterprises.