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, safety and security for a drone world. Fortem delivers commercially available solutions that detect and measure intention of drones in real time to maintain airspace safety, while actively protecting No-Fly Zones. 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
jen.colton@fortemtech.com
415-420-5516