US

CFX Markets racks up $2.17 mln

Chicago-based CFX Markets, a secondary market trading platform for alternative assets, has raised $2.17 million in funding. The investors included West Loop Ventures, M25 Group, Origami Capital Partners, Harvard Business School Angels of Chicago and SixThirty Ventures.

Rallyteam bags $8.6 mln

San Francisco-based Rallyteam, a talent development platform startup, has secured $8.6 million in Series A funding. Norwest Venture Partners and Storm Ventures led the round with participation from other investors that included Cornerstone OnDemand and Wilson Sonsini Goodrich & Rosati.

Testim locks in $5.6 mln Series A

Testim, a provider of machine learning-based test automation software, has raised $5.6 million in Series A funding led. Lightspeed Venture Partners led the round.

Lunar Wireless reels in $4.1 mln

Lunar Wireless, a carrier that offers a mobile data plan with no monthly fees, has raised $4.1 million in funding. The lead investor was 8VC.

Reaction Commerce garners $8.5 mln Series A in GV-led round

Reaction Commerce, an open source commerce platform for modern retailers and brands, has secured $8.5 million in Series A financing. GV led the round with participation from return backers CrossCut Ventures, Double M Partners, Joanne Wilson and Female Founders Fund.

IVP, Old Mutual Global lead $280 mln round for TransferWise

IVP and Old Mutual Global Investors led a $280 million round for TransferWise. Sapphire Ventures, a new investor, participated in the round, while existing investors Richard Branson, Andreessen Horowitz and Baillie Gifford all reinvested. TransferWise, of London, is a money transfer company.

VC-backed Spero Therapeutics goes public

Cambridge, Massachusetts-based Spero Therapeutics, a biopharmaceutical company focused on developing treatments for bacterial infections, has debuted its IPO after pricing its 5.5 million shares at $14 per share. Spero began trading on the NASDAQ under the ticker symbol “SPRO.” BofA Merrill Lynch, Cowen and Company LLC and Stifel are the lead underwriters. Spero’s backers include GV, RA Capital Management, Rock Springs Capital, Atlas Venture, MRL Ventures Fund, Lundbeckfonden Ventures, The Kraft Group and Osage University Partners.

VC-backed Allena debuts IPO

Newton, Massachusetts-based Allena Pharmaceuticals, a developer of treatments for patients with rare and severe metabolic and kidney disorders, has raised about $75 million for its IPO after pricing its over 5.3 million share at $14 per share. The stock began trading November 2, 2017 on the NASDAQ under the ticker symbol "ALNA." Credit Suisse, Jefferies and Cowen are the lead underwriters. Allena's investors included Frazier Healthcare, Bessemer Venture Partners, HBM Partners, Fidelity and Partner Fund Management.

3YourMind snaps up $12 mln Series A

Berlin-based 3YourMind, a provider of software solutions for industrial 3D printing, has raised $12 million in Series A funding. Unternehmertum Venture Capital Partners led the round.

Arbe Robotics amasses $9 mln

Tel Aviv and Tokyo-based Arbe Robotics, a provider of high-resolution radar for self-driving cars, has closed $9 million in funding. O.G. Tech Ventures and OurCrowd led the round with participation from return backers Canaan Partners, iAngels and Taya Ventures.