With $150B already invested, VC is set to have another recording breaking yearRead more...
Swift Medical landed $35M; Abodu raised $20M; Lightyear secured $13.1M; Nooks announced a $5M seed
Swift Medical: Swift Medical is a Toronto-based company whose software aims to streamline clinical and administrative wound care management workflows. Swift Medical has raised $35 million in Series B funding. Virgo Investment Group led the round, through one of its managed-investment funds. Earlier backers DCVC and BDC Capital’s Women-in-Tech Fund also joined the round, along with numerous others. Read more
Abodu: Abodu is a Redwood City, Ca.-based startup that makes prefabricated backyard ADUs. Abodu has raised $20 million in Series A funding led by Norwest Venture Partners. Previous backer Initialized Capital also participated in the financing, along with Redfin CEO Glenn Kelman, GGV investor Hans Tung and numerous other individual investors. Read more
Lightyear: Lightyear is a New York-based online marketplace where companies can interact with telecom vendors and get a range of price quotes to make a more informed buying decisions. Lightyear has raised $13.1 million in Series A funding led by Ridge Ventures, with participation from Zigg Capital and a slew of individual investors. Read more
Nooks: Nooks is a Palo Alto, Ca.- based virtual office that replicates the real-life atmosphere of working together in-person. Nooks just announced a $5 million seed round. The round was led by Tola Capital and Floodgate. Other investors include Julia and Kevin Hartz, CEO & chairman of Eventbrite; and Julia Lipton, founder of Awesome People Ventures. Read more
75F: 75F is a Minneapolis, Mn.-based company that develops building automation technologies to optimize indoor air quality and energy efficiency in commercial spaces. 75F has raised $5 million in extended Series A funding from engineering giant Siemens AG. Read more
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Read more from our "Daily Funding Roundup" series
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