US

LumApps snags $8 mln Series A

France-based LumApps, an intranet recommended by Google for G Suite, has secured $8 million in Series A funding, according to an announcement on LumApp's site. Idinvest led the round

Meal box firm HelloFresh puts $1.8 billion flotation on menu: Reuters

HelloFresh plans a flotation that could value the German meal kit delivery group at up to 1.5 billion euros ($1.8 billion), testing investor appetite after a sharp decline in shares in U.S. rival Blue Apron (APRN.N), Reuters reported.

Mapbox hauls in $164 mln Series C

Mapbox, the mapping and location platform for developers, has secured $164 million in Series C funding. SoftBank led the round with participation from return backers including Foundry Group, DFJ Growth, DBL Partners and Thrive Capital.

CRV leads $5 mln round for Standard Cognition

Standard Cognition, an AI-powered checkout provider, has raised $5 million in seed funding. Charles River Ventures led the round with participation from other investors that included Initialized Capital and Y Combinator.

Drop attracts $5.5 mln seed in Sierra Ventures-led round

Drop, a rewards company that's in stealth mode, has secured $5.5 million in seed funding, according to a spokesperson for the firm. Sierra Ventures led the round with participation from ff Venture Capital, Portag3 Ventures, HOF Capital and White Star Capital.

JPMorgan, Temasek lead $100 million investment in payments company Bill.com: Reuters

JPMorgan Chase & Co (JPM.N) and Temasek Holdings have led a $100 million investment in Bill.com, a Palo Alto, California-based company that helps business digitize their payments.

Chinese Airbnb rival Tujia raises $300 million, now valued at over $1.5 billion: Reuters

Tujia.com, China’s biggest short-term property rental firm, said on Tuesday it had raised $300 million from investors, valuing it at more than $1.5 billion as it looks to tap growing demand from Chinese tourists for independent travel.

Andela rakes in $40 mln Series C

Andela, the company that recruits and trains software developers in Africa, has secured $40 million in Series C funding. CRE Venture Capital led the round with participation from other investors that included DBL Partners, Amplo, Salesforce Ventures, TLcom Capital, Chan Zuckerberg Initiative, GV and Spark Capital.

Azura Ophthalmics inks $16 mln Series B

Israel-based Azura Ophthalmics Ltd, a developer of therapies for meibomian gland dysfunction, has closed $16 million in Series B funding. OrbiMed, TPG Biotech and Brandon Capital led the round with participation from return backer Ganot Capital.

VC-backed Azitra taps Andrews as president and CEO

Azitra, which is backed by Bios Partners and Breakout Labs, has named Richard Andrews as president and CEO. Previously, Andrews was CEO of Thrasos Therapeutics. Based in Farmington, Connecticut, Azitra is a focused on treating skin disease via microbiome.