AppDirect Inc., a San Francisco-based subscription commerce platform, scored $185 million from Caisse de dépôt et placement du Québec and existing investors. The company is also backed by StarVest Partners, Mithril Capital, Foundry Group and Inovia Capital.
Infarm, a Berlin-based urban farming network, raised $170 million in equity and debt funding in a Series C round expected to close at more than $200 million. LGT Lightstone led the financing, which included participation from Atomico, TriplePoint Capital, Mons Capital, Astanor Ventures, Hanaco, Bonnier, Haniel and Latitude.
Tonal, a San Francisco-based maker of an at-home strength-training machine with streaming video and personalized feedback, secured $110 million in new funding. New investors Delta-v Capital, Amazon Alexa Fund and Mousse Partners were joined by existing backers L Catterton, Sapphire Sport, Shasta Ventures, Mayfield, Evolution Media and THVC in the round.
Olive Inc., a Columbus, Ohio-based provider of robotic automation technology for health care, landed a $106 million investment. General Catalyst and Drive Capital led the round, with participation from Ascension Ventures, Oak HC/FT and SVB Capital.
Boosted Commerce, which acquires third-party sellers on Amazon, snagged $87 million in funding. Investors included Torch Capital, Crosscut Ventures, Permian Investment Partners co-founder and Partner Scott Hendrickson, TPG Managing Director Marc Mezvinksy and others.
Synthekine Inc., a Menlo Park, Calif.-based developer of cytokine therapeutics for use in the treatment of cancer and autoimmune disorders, closed an $82 million Series A round led by Canaan Partners, Samsara BioCapital and Column Group. Nils Lonberg joins the company’s board.
ApplyBoard, a Canadian startup whose software enables students interested in studying abroad to find a college match and apply, added 70 million Canadian dollars ($55 million) in Series C funding, bringing the round total to C$170 million ($130 million). Investors included ETS, Index Ventures, Blue Cloud Ventures and Harmonic Growth Partners.
XWPharma, which is developing therapeutics to address the needs of patients with debilitating neurological diseases, completed a $40 million Series C round and appointed Leonard Blum as president and chief executive. Panacea Venture led the investment, which included contributions from Johnson & Johnson Innovation – JJDC Inc., WI Harper Group, WuXi AppTec’s Corporate Venture Fund, KTB Network, CDIB Yida Healthcare Fund, Hontai Capital and Trinity Fund. Mr. Blum was previously chief commercial officer at Omeros Corp., Theravance Inc. and ICOS Corp. XWPharma was formerly known as XW Laboratories, and has offices in Redwood City, Calif., China and Taiwan.
VanMoof, a Dutch e-bike brand, grabbed £30 million ($39 million) in Series B financing from Norwest Venture Partners, Felix Capital and Balderton Capital.
Veem, a global payments network for businesses with offices in San Francisco, Shanghai and Canada, completed a $31 million funding round. Truist Ventures led the investment, with additional support from GV, Kleiner Perkins, National Australia Bank Ventures, Trend Forward Capital, MUFG Innovation Partners Co., CVC of MUFG, AB Ventures, Paper Excellence, Myer Family Investments, Goldman Sachs and Silicon Valley Bank.
BitWell, a Singapore-based global derivatives service platform, picked up a $30 million investment from backers including Dragonfly Ventures, Will Hunting Capital, Youbi Capital, LinkVC and others.
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