VC Deals Only. Weekend Edition. Osaro raises $16 million to make warehouse robots smarter with AI

VC Deals

myDigitalOffice, a Bethesda, MD-based hotel information management platform for sourcing, processing and storing hotel data in the cloud, secured $4m in Series A funding. More

Simon Fraser University (SFU) is receiving $17 million from the government of British Columbia over the next five years to establish the Quantum Algorithms Institute, at its campus in Surrey, BC. More

Next Insurance, a Palo Alto, CA-based digital Insurtech company focused on small business insurance, raised $250m in Series C funding. Munich Re provided the funding in a round that brought total funding to $381m in over three years, with a valuation of over $1 billion USD. More

Swift Health Systems, Inc., an Irvine, CA-based maker of invisible orthodontic braces, raised $45M in series C funding. The round, which brought total capital raised by the company to more than $70m, was co-led by Vivo Capital, Novo Holdings and venBio Partners. More

Missing out on a month’s rent because you can’t find a tenant is a huge loss. Doorstead’s approach to the hot sector of “iRenting” has attracted a $3.3 million seed round co-led by M13 and Silicon Valley Data Capital, and joined by Venture Reality Fund and SOMA Capital. More

Osaro, a San Francisco startup developing AI-based solutions for industrial robots, today announced that it’s closed a $16 million series B funding round led by King River Capital (KRC), with participation from Alpha Intelligence Capital, Founders Fund, Pegasus Tech Ventures, GiTV Fund, and existing and strategic investors. More

DeepRoute, a Shenzen, China-based L4 full stack self-driving system provider, raised approx. $50m in funding. DeepRoute is a full-stack solution provider focusing on L4 autonomous driving with a global presence. More

Sponsor

myCareBase™is a platform for seniors and their families to find, evaluate, hire and manage home support services, to improve the seniors’ ability to remain living safely in their current home for as long as possible. The caregiver marketplace currently offers candidates in Greater Toronto and Greater Vancouver.

To compliment this platform the company also offers an innovative care management app that centralizes communication and task management among family members and the caregiver, along with a Care Concierge service to help family members with administrative, navigational or organizational tasks.

New Funds

Voyager Capital is ditching California and doubling down on the Pacific Northwest — with a new interest across the border up north. The Seattle-based venture capital firm has closed its fifth fund, raising $100 million that it will use to invest in 15-to-20 early stage B2B startups across Washington, Oregon, and Western Canada. It has already made five new investments as part of the fund.  More

Thin Line Capital, a Pasadena, CA-based venture capital firm, launched a seed-stage fund with a first close of over $5m. The firm believes that, after the downturn in 2009, the industry has entered a “2nd wave” of cleantech investing. More

IPOs

Goldman Sachs Group Inc (GS.N) said on Tuesday it was reviewing its involvement in Megvii Technology Ltd’s planned initial public offering after the U.S. government placed the Chinese artificial intelligence firm on a human rights blacklist. More

PayPal Holdings Inc. will report a $228-million loss on investments before taxes in the third quarter, driven in large part by a bad bet on Uber Technologies Inc. just before it went public. More

Sponsor

Fangdd Network Group Ltd., a Chinese software as a service (SaaS)-enabled online real estate marketplace, has filed for an initial public offering (IPO) in the United States. The company listed the size of the offering at $150 million, a placeholder amount likely to change, according to a filing with the US Securities and Exchange Commission. The company plans to float its shares on the Nasdaq Global Market under the symbol “DUO.”

Read more at: https://www.dealstreetasia.com/stories/fangdd-us-ipo-157236/  

This post was brought to you by Woewoda Communications, your partner in the venture capital, private equity and startup markets; offering strategic communications, public relations & investor relation services to Canadian VCs, PEs, Angels, Endowments/Trusts, Family Offices, and Canadian startups involved in ICT, IoT, blockchain, life sciences, healthcare, agribusiness, clean energy, fintech, AI and robotics.

Are you a Canadian GP/LP/CI or a Canadian startup that needs to grow or scale? Give us a call! One of our representatives would love to explain how we vertically design, and then systematically layer each of our communication platforms to effectively reach niche target audiences for our clients. WC offers a unique synergistic approach to effectively communicate our client's message to their target audience.

Serving Vancouver, Montreal, Toronto, Waterloo, Ottawa and Halifax.

Partnerships

A biotech company developing cell and gene therapies for blood cancers and hematological disorders is partnering with a European company to develop genome-editing technology for genetic diseases. More

E Health News

Healthcare services providers generate huge amounts of data in the course of any given year. Many organizations, though, see this work as a source of financial losses. In a more modern view of the situation, however, all this healthcare data maintenance can be seen as a potential way to decrease losses and to create profit centers.  More

Fangdd Network Group Ltd., a Chinese software as a service (SaaS)-enabled online real estate marketplace, has filed for an initial public offering (IPO) in the United States. The company listed the size of the offering at $150 million, a placeholder amount likely to change, according to a filing with the US Securities and Exchange Commission. The company plans to float its shares on the Nasdaq Global Market under the symbol “DUO.”

Read more at: https://www.dealstreetasia.com/stories/fangdd-us-ipo-157236/
Sponsor  This post was brought to you by Woewoda Communications, your partner in the Canadian private equity and startup markets; offering strategic communications, public relations & investor relation services to Canadian VCs, PEs, Angels, Endowments/Trusts, Family Offices, and Canadian startups involved in ICT, IoT, blockchain, life sciences, healthcare, agribusiness, clean energy, fintech, AI and robotAre you a Canadian GP/LP/CI or a Canadian startup that needs to grow or scale? Give us a call! One of our representatives would love to explain how we vertically design, and then systematically layer each of our communication platforms to effectively reach niche target audiences for our clients. WC offers a unique synergistic approach to effectively communicate our client's message to their target audience. Serving Vancouver, Montreal, Toronto, Waterloo, Ottawa, and Halifax.