US

SouChe hauls in $333 mln in Alibaba-led round

SouChe, a Chinese retail and finance platform for the automotive industry, has raised $333 million in Series E funding. Alibaba led the round with participation from Warburg Pincus, Primavera Capital and CMB International.

HintMD taps RWI Ventures' Foley as board chairman

Pleasanton, California-based HintMD, a patient engagement and commerce platform for aesthetic practitioners, has appointed Mark Foley as chairman of its board of directors. Foley is the managing director of RWI Ventures.

Instant coffee brand Alpine Start Foods grabs funding from Slow Ventures

Alpine Start Foods, an instant coffee brand, has secured an undisclosed amount of funding. The backer was Slow Ventures.

DIY computer company Kano attracts $28 mln Series B

Kano, a DIY computer company, has secured $28 million in Series B funding. The Thames Trust and Breyer Capital led the round with participation from Index Ventures, the Stanford Engineering Venture Fund, LocalGlobe, Marc Benioff, John Makinson, Collaborative Fund, Triple Point Capital and Barclays.

Wahed pulls in $7 mln seed

Wahed Invest LLC, a halal-focused investing platform, has raised $7 million in seed funding. The investors were Cue Ball Capital and BECO Capital.

Brighteye Ventures wraps up inaugural fund

Brighteye Ventures, a European edtech-focused venture firm, has closed its debut fund at 50 million euros. The fund will lead or participate in Series A or B rounds for edtech companies; it will also consider making acquisitions. Brighteye Venture Advisers is the fund's adviser.

Frazier Healthcare Partners raises $419 mln for early-stage life science deals

Frazier Healthcare Partners announced the close of an oversubscribed Frazier Life Sciences IX, its second dedicated life sciences fund, with nearly $419 million in commitments. Led by Managing General Partners Patrick Heron and Jamie Topper, the Frazier life sciences team invests primarily in therapeutics-focused companies developing biopharmaceuticals, with two-thirds of the fund fueling seed and Series A rounds. Exits from 2017 include AnaptysBio (IPO) and Alpine Immune Sciences (reverse merger).

Alsop Louie to raise a $125 mln fourth venture fund

Alsop Louie Partners has set out to raise a $125 million fourth venture fund, according to a filing with the SEC.

Klingenstein Fields to raise $50 mln for venture fund

Klingenstein Fields Wealth Advisors is seeking to raise $50 million for a venture fund, according to an SEC filing. The New York City-based firm provides financial and investment advice.

LumiThera inks $5.5 mln Series B

LumiThera Inc., a medical device company focused on treating ocular disorders and diseases, has closed $5.5 million in Series B financing. WaterStone Capital led the round with participation from RPR Venture. In conjunction with the funding, WaterStone Capital's founding partner Yigang Yang will join the LumiThera board of directors.