Daily funding roundup - February 3th, 2020

Kristin Karaoglu · February 3, 2020 · Short URL: https://vator.tv/n/4f89

Baton Systems raised $4M; LoanStreet landed $5M; Doubtnut secured $15M; Rimilia picks up $15M

Scaled Robotics: Scaled Robotics’s industrial robots aim to navigate construction sites and produce 3D maps of them in minutes. Scaled Robotics has raised €2 million in seed funding led by Norwegian Construct Venture and PropTech Fund Surplus. Read more

Baton Systems: Baton Systems makes distributed ledger-based post-trade software for capital markets. Baton Systems has raised $4 million from Illuminate Financial Management. Read more

LoanStreet: LoanStreet is an online platform that streamlines the process of sharing, managing, and originating loans. LoanStreet has raised $5 million in new funding led by Arbor Ventures, with participation from LoanStreet’s earlier backers, including Valar Ventures, Third Prime Capital, Rosecliff Ventures, Ride Ventures, The Gramercy Fund, and numerous individual investors. Read more

Doubtnut: Doubtnut’s app helps students learn and master concepts from math and science using short videos. Doubtnut has raised $15 million in Series A funding led by Tencent Holdings. Other investors in the round include Omidyar Network India, AET, and Sequoia Capital India.  Read more

Rimilia: Rimilia is a payments automation startup. Rimilia has raised $15 million from earlier backers Eight Roads Ventures and Kennet Partners, and SVB. Read more

Cresta: Cresta is using AI to help call center workers make more of chat sessions and other past interactions. Cresta has just exited from so-called stealth mode with $21 million in funding. Its backers include Greylock Partners and Andreessen Horowitz. Read more

Lyra Therapeutics: Lyra Therapeutics focuses on treating ear, nose and throat diseases. Lyra Therapeutics has raised $30 million in Series C funding. Perceptive Advisors led the round, joined by Clifton Capital and earlier backers RA Capital Management, Soleus Capital, ArrowMark Partners, Polaris Venture Partners, North Bridge Venture Partners, and Intersouth Partners. 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 kristin@vator.tv. If you want a longer write-up, please do give us a couple of 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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Kristin Karaoglu

Woman of many skills: Database System Engineer; SplashX event producer; Author of Startup Teams

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