US

Fitness company Freeletics announces investors

Munich, Germany-based Freeletics, which provides a personal workout plan and a fitness app, announced it has raised capital with FitLab. Other investors include Causeway Media Partners, JAZZ Venture Partners, Courtside Ventures, Elysian Park Ventures and ward.ventures. The amount of the funding was undisclosed. Mark Wan from Causeway and John Spinale from JAZZ will join the board. The company was founded in 2013.

Healthcare company myLAB Box raises $1.56 mln in seed

Los Angeles-based myLAB Box, provider of an at-home STD testing service, announced it has raised $1.56 million in seed funding. K5 Ventures and Texas HALO Fund led the round, with participation from Morgan Stanley, Pasadena Angels, Pipeline Angels and Sand Hill Angels. The company, founded in 2013, has now raised $2.1 million in funding.

Wireless internet provider Common Networks raises $25 mln

San Francisco-based Common Networks, a provider of affordable enterprise-grade internet service, announced it has raised $25 million in Series B funding. General Catalyst led the round, which included existing investors Eclipse Ventures and Lux Capital. As part of the latest round, General Catalyst Managing Director Hemant Taneja has joined the board. The company, founded in 2016, has now raised more than $34 million in funding.

Sendo raises $51 mln

Sen Do Technology JSC said Aug 16 that it raised $51 million in a B round led by SBI Group. SoftBank Ventures Korea, Daiwa PI Partners, and SKS Ventures are investing. Existing investors also participated including FPT Group, eContext Asia, BEENEXT, and BEENOS. Sendo, of Ho Chi Minh City, Vietnam, provides a consumer-to-consumer portal.

Deposit Solutions raises $100 mln

Deposit Solutions, of Hamburg, has raised $100 million in a round led by Vitruvian Partners. Kinnevik also invested as well as existing shareholders including e.ventures. The round valued Deposit Solutions, which provides a platform for savings deposits, at $500 million.

Matrix raises $300 mln for third Indian venture-capital fund

Matrix Partners has raised $300 million for a third Indian venture-capital fund, according to a filing with the SEC.

Clobotics adds $11 million from Nantian Infotech VC and Wangsu Company to Series A

Clobotics said it added $11 million to its Series A round, pushing the financing to a total of $21 million. New investors include Nantian Infotech VC and Wangsu Company. Earlier investors are KTB Network, GGV Capital and the Capital Development Investment Fund Management.

Foundation Capital targets $350 mln for ninth fund

Foundation Capital is seeking to raise $350 million for its ninth fund, according to an SEC filing. The Silicon Valley-based venture firm invests in the finance and financial services sectors.

Visor racks up $4.7 mln Series A

Visor, a developer of a real-time data platform for gamers, has raised $4.7 million in Series A funding, according to a blog post. Accel led the round with participation from other investors that include Y Combinator, Afore Capital and NextGen Venture Partners.

Biopharma startup Bugworks Research grabs $9 mln Series A

India and Delaware-based Bugworks Research Inc, a biopharma startup, has secured $9 million in Series A financing. The lead investor was University of Tokyo Edge Capital.