Daily Funding Roundup


Daily funding roundup - December 7th, 2018

Akumina raised $7.5M; Trustology raised $8M; XyloCor Therapeutics raised $17M; EdCast raised $33.6M

Innovation series by Kristin Karaoglu
December 7, 2018
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OnSiteIQ: OnSiteIQ is a tech-enabled construction visual documentation and Risk Assessment service. OnSiteIQ has raised $2 million in seed funding led by Anthemis Group, with participation from MetaProp, among others. Read more

Farmstead: Farmstead is an artificial intelligence-powered farm to doorstep grocery delivery startup. Farmstead has raised a fresh $2.2 million in funding, including from Artis Labs, Resolute Ventures, Y Combinator, Red Dog Capital and other investors. The company, which has raised $7.5 million in total funding to date, intends to use the capital for geographic expansion. Read more

SourceDay: SourceDay is a cloud Vendor Portal that extends manufacturing and distribution organization’s ERP capabilities: improving supplier on-time deliveries, increasing inventory turns, reducing supply chain errors, and optimizing the use of working capital. SourceDay has raised $6.5 million in Series A funding from Silverton Partners, Draper Associates and ATX Seed Ventures. Read more

Akumina: Akumina is a SharePoint web solutions company with more than a decade of experience in developing and deploying web content management solutions on Microsoft technologies. Akumina has raised $7.5 million in Series A funding, including from RJB Investments Accenture Ventures, and Stage 1 Ventures. Read more

Trustology: Trustology is a FinTech startup building digital asset solutions. Trustology has raised $8 million in seed funding led by Two Sigma Ventures, with participation from ConsenSys. Read more

GenEdit: GenEdit develops next generation therapeutics for genetic diseases through safe and efficient CRISPR/Cas9 delivery. GenEdit as raised $8.5 million in seed funding from DCVC, Sequoia Capital, Bow Capital, and SK Holdings.

XyloCor Therapeutics: XyloCor Therapeutics is a biopharmaceutical company developing gene therapy for people with advanced coronary artery disease. XyloCor Therapeutics has raised $17 million in Series A funding co-led by Sofinnova Ventures and LSP (Life Sciences Partners). Read more

EdCast: EdCast is an AI-powered knowledge cloud powers unified discovery, knowledge management and personalized learning. EdCast has raised $33.6 million in funding, including from Softbank, REV Venture Partners, The London Fund, Crescent Enterprises, Mistletoe, SSGA, Stanford University and Cervin Ventures. Read more

HomeToGo GmbH: HomeToGo is the world's leading meta-search engine for vacation rentals. HomeToGo as raised an undisclosed amount of funding that brings total capital raised by the company to $150 million, including from Insight Venture Partners, Acton Capital Partners, DN Capital, Global Founders Capital, Lakestar and Princeville Global. Read more

If you are interested in being included in our funding roundup, submit your press release or blog post about your financing round to If you want a longer write-up, please do give us a couple days heads up. If you'd like to be included in our Today's Entrepreneur column, please send me your Vator profile.

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