US

Ace Hardware takes majority stake in ecommerce startup The Grommet

Ace Hardware Corp has acquired a majority stake in Massachusetts-based The Grommet, an ecommerce startup. No financial terms were disclosed. According to Crunchbase, The Grommet's backers included Rakuten and LaunchCapital.

Enterprise AI startup Indico picks up $1.5 mln

Boston-based Indico, an enterprise artificial intelligence startup, has secured $1.5 million in funding. The lead investor was .406 Ventures. And, Indico has named Tom Wilde as president and CEO. He will be succeeding co-founder Slater Victoroff.

Cardiologs Technologies raises $6.4 mln

Paris-based Cardiologs Technologies, which leverages artificial intelligence to better manage cardiac patients, has raised $6.4 million in Series A funding. The investors were Idinvest, ISAI, Kurma Partners, Partech Ventures and Bpifrance.

FF Angel backs real estate platform provider Home61

Digital grocer Farmstead raises $2.8 mln seed round

San Mateo, California-based Farmstead, an artificial intelligence-powered digital that delivers local food, announced it has raised $2.8 million in seed-stage funding from Resolute Ventures, Social Capital, Y Combinator and Liquid 2 Ventures, the venture firm of NFL Hall of Famer Joe Montana.

Hardware Club names Aymerik Renard a general partner

Hardware Club said it named Aymerik Renard as a general partner to focus on investments in North America.

6 Dimensions Capital to raise a $450 mln venture fund

Newly created 6 Dimensions Capital has set out to raise a $450 million venture capital fund, according to a filing with the SEC.

Energage snaps up $10 mln

Pennsylvania-based Energage, a workplace platform, has secured $10 million in funding. NewSpring Growth was the lead investor. In addition to the funding, Michael DiPiano, a managing partner at NewSpring, has been named to Energage's board of directors.

Digital media execs launch Kelly Newman Ventures

Mike Kelly and Tom Newman have launched Kelly Newman Ventures, an adviser and investment firm. KNV will focus on media and tech companies. Previously, Kelly was was an investor and chairman of the board of Unruly, which was acquired by News Corp while Newman is a former president of President of Interactive One and ex-head of strategy for AOL Media Networks.

Bluecore nabs $35 mln Series C

Bluecore, a decision platform for retail and brand marketers, has raised $35 million in Series C financing. Norwest Venture Partners led the round with participation from previous backers Georgian Partners, FirstMark Capital and Felicis Ventures. In addition to the funding, Scott Beechuk, a partner at Norwest Venture Partners, will join Bluecore’s board of directors.