Iris Dorbian
CrossBorder Solutions, a provider of technology-driven tax solutions, has secured $40 million in Series B funding. Insight Partners led the round.
UK-based Artios Pharma Limited, a DNA damage response company developing treatments for cancer, has named Tania Dimitrova as chief business officer. Previously, she worked at Pfizer Inc where she was a director in worldwide business development. Artios is backed by Arix Bioscience plc, SV Health Investors, M Ventures, IP Group plc, AbbVie Ventures, Andera Partners, LSP, Pfizer Ventures and Novartis Venture Fund.
South San Francisco-based Amphivena Therapeutics Inc, a developer of T cell engager therapeutics for cancer, has raised $62 million in Series C financing. NanoDimension and Qiming Venture Partners USA led the round.
Paris-based FeetMe, a medical device company, has raised 9.4 million euros in Series A funding. LBO France led the round with participation from Kurma Diagnostics, Paris Saclay seed fund, Idinvest Partners, Seventure and SOSV.
San Francisco-based Fundbox, a B2B payments and credit network, has raised US$176 million in Series C funding. Also, the company has secured a US$150 million credit facility. Investors in the Series C round included Allianz X, Healthcare of Ontario Pension Plan, HarbourVest, 9Yards Capital, Hamilton Lane, SEB Private Equity (on behalf of clients), Cathay Innovation, Synchrony, MUFG Innovation Partners Co., Ltd., Recruit Strategic Partners, GMO Internet Group and Arbor Ventures. Other participants in the round were Khosla Ventures, General Catalyst and Spark Capital Growth.
San Francisco-based venture firm 500 Startups has named Tony Wang as a managing partner. Prior to joining 500 Startups, Wang was chief operating officer at Color.
Toronto-based ODAIA, an AI SaaS startup, has secured $1.6 million in funding. Panache Ventures and StandUp Ventures led the round with participation from BDC Capital’s Women in Technology Venture Fund, Inovia Capital and MaRS IAF. This new group of investors joins pre-seed investors that include Toronto Innovation Acceleration Partners, University of Toronto’s UTEST, N49P, Ontario Centres of Excellence and Amar Varma, co-founder of Autonomic.ai (acquired by Ford). The capital infusion will be used to make key technical hires, support early customers and prepare for the public launch of ODAIA’s AI SaaS platform.
Cannabis-focused investment firm 4Front Ventures Corp has appointed Kathi Lentzsch and Betty Aldworth to its board of directors. Lentzch is the CEO and president of Bartell Drugs while Aldworth is the executive director for Students for Sensible Drug Policy.
Plum, a Chinese online marketplace for used fashion and luxury products, has secured $20 million in funding. Siguler Guff led the round with participation from Recruit.
San Francisco-based Eden, a workplace management platform, has named Brian Snow as vice chairman. Currently, Snow serves as managing general partner of Impala Ventures. Eden's backers include Fifth Wall Ventures, S28 Capital, Bessemer Venture Partners, Y Combinator Continuity, ENIAC Ventures, Maven Ventures, Comcast Ventures, Canvas Ventures, Redpoint Ventures and Liquid2 Ventures.