Venture Capital Deals

Axios by Dan Primack

News Article | March 16, 2018

Robinhood, the no-fee stock-trading app, is in talks to raise $350 million in new funding led by DST Global at around a $5.6 billion valuation, as first reported by the WSJ. http://axios.link/UtbY

SambaNova Systems, an AI chip startup from a pair of Stanford professors and a former Oracle exec, raised $56 million in Series A funding. GV and Walden International co-led, and were joined by Redline Capital and Atlantic Bridge Ventures. http://axios.link/1xfI

Airtable, a San Francisco-based collaboration platform for managing and sharing data, raised $52 million in new funding. CRV and Caffeinated Capital co-led, and were joined by Freestyle Ventures and Slow Ventures. http://axios.link/CZMY

Fortem Technologies, a Salt Lake City-based developer of a radar system for detecting airborne objects, raised $15 million in Series A funding. DCVC led, and was joined by Boeing, Mubadala Investment Co., Manifest Growth, New Ground Ventures and return backer Signia Venture Partners. http://axios.link/vIGo

Virtuos, a Singapore-based gaming content producer, raised $15 million in new funding led by 3D Capital Partners. www.virtuosgames.com

TheSkimm, an email newsletter startup aimed at millennial women, raised $12 million in new funding at what sources say was a pre-money valuation of approximately $100 million. GV led, and was joined by Sara Blakely and return backers RRE Ventures and Homebrew. http://axios.link/rzOi

🚑 180 Health Partners, a Nashville, Tenn.-based care provider for pregnant women with opioid addictions, has raised $8 million in Series B funding. Spring Mountain Capital led, and was joined by return backers Frist Cressey Ventures, Resolute Venture Partners and Altitude Ventures. http://axios.link/a1W5

Drover, a UK-based “all in car subscription” service, raised £5.5 million in funding from Cherry Ventures, Partech, BP Ventures and return backers Version One and Forward Partners. http://axios.link/eyuz

Detectify, a Swedish maker of website vulnerability detection software, raised €5 million in new VC funding. Insight Venture Partners led, and was joined by Paua Ventures and Inventure. http://axios.link/SmVu

About Fortem Technologies

Fortem Technologies is the leader in airspace awareness, security and defense. Through an advanced ecosystem of distributed radar, AI at the Edge, deep sensor integration, and autonomous drone capture, Fortem monitors, protects and defends the world’s venues, infrastructures, cities and regions from dangerous or malicious drone threats. The same ecosystem is accelerating the safety of the world’s airspace for urban air mobility. Based in Pleasant Grove, Utah, the company is privately held and backed by Boeing, Signia Venture Partners, DCVC, Mubadala Investment Company and others.

Media Contact

Jen Colton
VP of Marketing and Communications
jen.colton@fortemtech.com
415-420-5516