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Lemniscap leads USD4.4m seed funding round in JellyFi

Crypto venture capital fund Lemniscap has led a USD4.4 million seed funding round in JellyFi, a capital-efficient DeFi lending protocol that will soon enable uncollateralised crypto loans. ParaFi Capital, Tioga Capital, White Star Capital, DeFiance Capital, True Ventures, Digital Currency Group, Genesis, Divergence Ventures, AngelDAO and several angel investors also

Valor Siren Ventures leads USD7 million funding round in Datasembly

Existing investor Valor Siren Ventures has led a USD7 million funding round in Datasembly, a provider of real-time product pricing, promotions, and assortment data for retailers and CPG brands. Other previous investors including Craft Ventures, Twenty 5 Twenty, Evan Brown and Launch Capital also participated. As part of the deal,

Scale Venture Partners leads USD50m Robin Series B round

Scale Venture Partners has led a USD50 million Series B investment round in healthcare technology company Robin. With the new investment, Robin will expand its service into new markets, as well as invest in its engineering, product, and sales teams to further deliver value for physicians nationwide.  Khosla Ventures also

Large private capital funds steal a march on tech adoption

A new global study commissioned by Intertrust Group reveals the extent to which large cap private capital managers are leaving smaller firms behind in the race to invest in transformative technologies such as machine learning, robotics, big data and blockchain to gain a competitive edge.  The study, The Future of

US Bank completes acquisition of PFM Asset Management

US Bank subsidiary, US Bancorp Asset Management, has closed on the acquisition of PFM Asset Management (PFMAM) originally announced on 8 July. PFM Asset Management will continue to operate as a separate registered investment advisor. As part of the acquisition, more than 250 PFM Asset Management employees have joined US

MillTechFX and Investec Bank launch new FX solution for fund managers

MillTechFX, the FinTech affiliate of Millennium Global Investments, has partnered with Investec Bank to provide fund managers with a margin-free foreign exchange (FX) hedging solution which enables transparent best execution across 10-plus counterparty banks without the cash drag associated with having to fund initial and variation margin calls. 

WATI.io raises USD10m in Series A round led by Sequoia Capital India

WATI.io (WhatsApp Team Inbox), a comprehensive WhatsApp customer engagement tool for small businesses, has raised USD8.3 million in a Series A round led by Sequoia Capital India. Surge, Base Partners and several prominent angels including Gokul Rajaram, a member of the DoorDash executive team, also participated in the round. 

PSG Leads USD64m Series C funding round in IRONSCALES

IRONSCALES, a provider of AI-powered email security solutions, announced has raised USD64 million in a Series C funding round led by PSG, a growth equity firm partnering with middle-market software and technology-enabled services companies. Existing investors K1 Investment Management and Jump Capital also participated in the fund raising.

Highview-backed National Fire & Safety acquires Texas Fire Alarm

National Fire & Safety, a leading end-to-end fire protection and life safety solutions platform and a portfolio company of Highview Capital (Highview), has acquired Texas Fire Alarm (TFA), a full service fire protection provider. Following the acquisition, founder Jody Parker will continue to lead TFA from its Wills Point, Texas

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