US

Miami venture firm Rokk3r taps Ismail as GP

Miami-based venture firm Rokk3r Fuel has named Salim Ismail as a general partner. Ismail is the chairman of the Fastrack Institute in Miami and chairman of ExO Works.

Landos Biopharma raises $10 mln in Perceptive Advisors led deal

Landos Biopharma said it raised $10 million of Series A funding in a deal led by Perceptive Advisors.

Andreessen Horowitz leads $39 mln round for Activehours

Activehours said Sept. 21 that it raised $39 million in funding led by Andreessen Horowitz. Matrix Partners, Ribbit Capital and March Capital Partners also participated. Activehours, of Palo Alto, is a mobile app that lets people access their pay directly from their smartphones.

Austin Ventures veterans start growth firm Elsewhere Partners

A pair of Austin Ventures veterans announced they have started Elsewhere Partners, a Texas-based growth-stage firm targeting business software companies outside the country's traditional venture-capital hubs.

Hyliion pulls in $21 mln Series A

Pittsburgh-based Hyliion, an instant Class 8 vehicle hybridizing company, has raised $21 million in Series A funding. Axioma Ventures led the round. In addition to the funding, Howard Jenkins, managing director of Axioma, and Gideon Argov of New Era Ventures, will join Hyliion's board of directors.

MIT-founded The Engine announces investments, $200 mln fund

MIT-backed The Engine announced its first batch of seven investments and revealed that it has closed on $200 million for its first fund, 33 percent more than the $150 million it said it initially raised. MIT is one of its investors, committing $25 million to the Cambridge, Massachusetts-based organization, which incubates and supports startups. The Engine was founded last year and is led by CEO and Managing Partner Katie Rae. It aims to back 40 to 50 startups in the next few years form Fund I.

DFJ leads $2.5 mln round for Loftium

Seattle-based Loftium, a provider of down payments for renting out spare bedrooms on Airbnb, has raised $2.5 million in funding, according to a source familiar with the transaction. DFJ led the round with participation from Founders Co-op and NextView Ventures.

VC-backed Celcuity rolls out IPO

Celcuity Inc, a cellular analysis company, has gone public after pricing its 2.4 million shares at $9.50 per share. The stock began trading September 20, 2017 on the NASDAQ under the ticker symbol "CELC." Craig-Hallum Capital Group LLC is the underwriter. Celcuity's backers include Brightstone Venture Capital.

Securonix nets $29 mln Series A

Securonix, a provider of big data security analytics, has raised $29 million in Series A funding. Volition Capital led the round with participation from Eight Road Ventures. In addition to the funding, Roger Hurwitz of Volition Capital will join the Securonix board of directors.

Artist funding platform reels Patreon in $60 mln

Patreon, an artist funding platform, has secured $60 million in Series C funding, according to a blog post by CEO Jack Conte. Thrive Capital led the round with participation from Index Ventures, CRV, Freestyle and DFJ, said a spokesperson for the firm.