ClaroNav, a Toronto, Canada-based surgical navigation technology company, closed its first external equity financing round.
Volocopter, a German Urban Air Mobility (UAM) company, received an investment from global logistics service provider DB Schenker.
Duo Bank of Canada, a Toronto, Canada-based financial services provider supported by Stephen Smith, Centerbridge Partners L.P. and Ontario Teachers’ Pension Plan, is to acquire all outstanding shares of Fairstone Financial Holdings Inc., which includes all operating subsidiaries, from an investor group led by J.C. Flowers & Co. LLC and Värde Partners, Inc.
CloudScale365, Inc., a Nashville, Tenn.-based global leader of Managed IT Services to businesses worldwide, acquired eApps Hosting, and its Create-a-Cloud platform.
Eli Lilly and Company (NYSE: LLY) completed its acquisition of Dermira, Inc. (NASDAQ: DERM).
DSP Concepts, a Santa Clara, Calif.-based voice recognition company, has raised $14.5m in Series B funding.
Pura, an Orem, UT-based smarthome fragrance company, raised $4.4M in seed funding.
HungryPanda, a UK-based online food delivery service, raised $20M in funding.
QuintessenceLabs, a Canberra, Australia-based provider of quantum-cybersecurity solutions, secured an investment from In-Q-Tel, Inc., the non-profit strategic investor that accelerates the development and delivery of technologies to the national security communities of the U.S. and its allies.
Envisage Technologies, a Bloomington, Indiana-based SaaS provider of public safety training and compliance management systems, received a growth equity investment from Norwest Venture Partners.
Teikametrics, a Boston, MA-based SaaS provider of AI-powered optimization for brands and sellers on Amazon and Walmart, closed a $15m strategic funding.
DigitalOcean, a New York and Cambridge, MA-based provider of a cloud platform to deploy, manage, and scale applications of any size, closed on a $300m bank debt financing.
Vertify Inc., an Austin, TX-based customer data intelligence company, acquired Synthio Inc., an Atlanta-based data quality and enrichment technology company.
Phyto Partners, a Boca Raton, Fla.-based cannabis investment firm, is launching a third cannabis-focused private equity fund.
Nominet, a UK based cyber security provider, acquired CyGlass, a Boston-based cyber company.