Iris Dorbian
Redwood City, California-based Chowbotics, a provider of robots for the food service sector, has secured $11 million in funding. Foundry Group and Techstars led the round.
Boulder, Colorado-based Sphero, a robotic ball maker, has raised $12 million in funding, according to Nick Delyani, the firm's senior director of marketing. The anticipated target of the final round is $20 million. The investors were not named. The capital infusion will be used for working capital, added Delyani.
Samsung Next, which builds software and services for Samsung, has launched a new fund. Samsung NEXT Q Fund will invest in AI-focused startups.
True Ventures is seeking to raise $325 million for its sixth fund, according to an SEC filing. Silicon Valley-based True Ventures invests in early-stage tech startups.
Pipedrive Inc, a sales pipeline software, has raised $50 million in Series C funding. Insight Venture Partners and Bessemer Venture Partners led the round with participation from return backers Rembrandt Venture Partners and Atomico.
Polystyvert, a Montréal-based clean technology startup, has raised $11 million in follow-on funding. The round was backed by new investors Quadriam Investments, Energy Foundry and Transition énergétique Québec, as well as existing investors Anges Québec, Anges Québec Capital Fund and Cycle Capital Management. The company also secured an investment from Sustainable Development Technology Canada. Founded in 2011, Polystyvert has developed a low-carbon-footprint process to recycle polystyrene based on a dissolution technology. The latest round follows a $4.9 million financing closed in 2016.
New York-based Reonomy, a provider of commercial real estate data and analytics, has secured $30 million in Series C funding. Sapphire Ventures led the round with participation from return backers Bain Capital Ventures and Softbank Capital.
Washington, D.C.-based Strategic Cyber Ventures, a cybersecurity-focused venture firm, has named Marc Gonyea to its advisory board. Gonyea is the co-founder and managing partner of memoryBlue.
FaceMetrics, a smart parental control startup, has secured $2 million in funding. The investors were VP Capital and Larnabel Ventures.
Polystyvert, a Montréal-based clean technology startup has raised C$11 million in funding. The investors included Quadriam Investments, Energy Foundry, Transition énergétique Québec, Anges Québec, Anges Québec Capital and Cycle Capital Management. The transaction comes on the heels of a collaboration agreement between Polystyvert and the polymers business unit of Total S.A.