US

Swell Capital targets $10 mln for venture fund

New York-based Swell Capital is raising a venture fund targeted at $10 million, according to a regulatory filing. The firm is led by Rusty Ralston and Jay Patil, according to its website. The filing lists no investors.

Checkr raises $100 mln in round led by T. Rowe

San Francisco-based Checkr, a provider of compliant background checks, announced it raised $100 million in Series C funding. T. Rowe Price Associates led the round, which included participation from existing investors Accel and Y Combinator. The company has now raised $150 million in total financing.

Enterprise Therapeutics raises 29 mln pounds

Enterprise Therapeutics Ltd said April 12 that it raised 29 million pounds ($41 million) in a Series B round co-led by Versant Ventures and Novartis Venture Fund. The syndicate also included new investor Forbion, founding investor Epidarex Capital and existing investor IP Group. Enterprise Therapeutics Ltd is a biopharmaceutical company that is developing therapies for the treatment of respiratory diseases.

Kadena raises $12 mln SAFT round from Devonshire, SV Angel, Susquehanna, others

Kadena said it raised $12 million in a SAFT, or simple agreement for future tokens, Series B from investors including Devonshire Investors, the private investment firm affiliated with Fidelity Investments, SV Angel, Multicoin Capital, Susquehanna International Group and Alan Meckler's Asimov Ventures.

BBVA Compass expands accelerator program to seven U.S. states

BBVA Compass is expanding its BBVA Momentum accelerator program to seven U.S. states where the Madrid-based bank operates: Alabama, Arizona, California, Colorado, Florida, New Mexico and Texas.

Tentrr pulls in $8 mln Series A

New York City-based Tentrr, a peer-to-peer marketplace of campsites, has closed $8 million in Series funding. West Venture Partners led the round with participation from Obvious Ventures, Great Oaks Venture Capital, Halogen Ventures, Rivet Ventures and WorldQuant Ventures.

Thrive's Paik appears to be starting his own fund

Thrive Capital Partner Chris Paik appears to be leaving the firm to start his own fund, Axios reported on Wednesday. Paik's LinkedIn profile doesn't yet reflect the change.

Ripple invests $25 million of its cryptocurrency into Blockchain Capital fund

San Francisco-based Ripple, which provides blockchain solutions for the payments industry, announced it invested $25 million of its own cryptocurrency, XRP, in Blockchain Capital's fourth fund. Blockchain Capital, which focuses on the blockchain technology sector and crypto ecosystem, announced in March it closed its fourth fund with $150 million in commitments. Ripple's investment is part of the $150 million total. Ripple is a portfolio company of the San Francisco firm.

Truework rallies $2.9 mln seed

Truework, which helps verify information during loan applications, home purchases and employment screenings, has raised $2.9 million in seed funding, according to a blog post by co-founder/CEO Ryan Sandler. Keith Rabois of Khosla Ventures led the round with participation from other investors that include Founder Collective, Menlo Ventures and Crunchfund.

Upper Hand lands $1.5 mln Series A

Upper Hand Inc, a provider of cloud-based sports management software and business services, has secured $1.5 million in Series A funding. The investor was Park Ten Capital.