YFM backs Arcus

YFM Equity Partners has provided 3 million pounds in funding to Arcus Global Limited, a provider of cloud-based software solutions for local and national public sector companies. Marc Shaw of RPL Mergers provided financial advice to Arcus while Allison Keyse of Mischon de Reya provided legal advice.

Used Equipment Guide nabs seed funding

Asheville, North Carolina-based Used Equipment Guide, a used heavy equipment and truck search engine, has raised a “multi-million dollar seed round” at a valuation exceeding $10 million. HOLT Ventures was the lead investor.

Hometap snags $12 mln Series A

Cambridge, Massachusetts-based Hometap, a data-driven, home equity investment platform, has secured $12 million in Series A funding. The lead investor was G20 Ventures. Other investors that participated in the round were General Catalyst, American Family Ventures and Pillar.

First.io fetches $5 mln Series A

First.io, a tech startup that uses artificial intelligence to help real estate agents, has secured $5 million in Series A funding. MATH Venture Partners, Nine Four Ventures, Thad Wong and Mike Golden led the round.

Plus One Robotics rakes in funding

San Antonio, Texas-based Plus One Robotics, a 3D vision and controls developer for robotic automation in the logistics and e-commerce markets, has raised an undisclosed amount of funding. Schematic Ventures led the round with participation from Lerer Hippeau, ff Venture Capital, First Star and Dynamo.

NEA promotes two to GP

New Enterprise Associates Inc has promoted Carmen Chang and Dr. Ali Behbahani to general partner. Chang joined NEA in 2012 while Behbahani came on board in 2007.

NEA taps Golden as partner and names three as principals

New Enterprise Associates has named Jonathan Golden as a partner. Also, the venture firm has appointed Dr. Matthew McAviney, Dr. Tak Cheung and Dr. Santhosh Palani as principals on the healthcare team. Prior to joining NEA, Golden was director of product at Airbnb; McAviney was a principal at F-Prime Capital Partners; Cheung was a venture partner at Merieux Development Venture Fund; and Palani was a vice president in equity research at Cowen & Company.

Kronos Bio inks $18 mln seed

New York City and Cambridge, Massachusetts-based Kronos Bio Inc, a developer of “first-in-class therapies against historically intractable targets,” has raised $18 million in seed funding. The investors included Omega Funds, Vida Ventures LLC and BellCo Capital. In addition to the funding, Kronos Bio appointed Norbert Bischofberger as president and CEO. Previously, Bischofberger worked at Gilead Sciences where he most recently was executive vice president, research and development and chief scientific officer.

AIM13 appoints Klein to CIO advisory council

Alternative Investment Management LLC has named Jason Klein to its chief investment officer advisory council. Klein is the senior vice president and chief investment officer of Memorial Sloan Kettering.

Capitala Group opens Manhattan office, hires Stotler as director

Capitala Group, a provider of financing to lower and traditional middle-market companies, has opened an office in midtown Manhattan. The firm has also hired Kelly Stotler as director. Previously, Stotler was the managing director – head of loan originations for Czech Asset Management.

eLichens grabs funding

France and Sunnyvale, California-based eLichens, a provider of an air quality analysis and prediction platform, has secured 7 million euros in funding. The company’s investors include Demeter, Sofimac Innovatio, Business Angels Networks, Aereco, Fonds Ville de Demain managed by Bpifrance as part of the Future Investment Program and BNP Paribas Développement.

Aretex to buy Alerian

Aretex Capital Partners has agreed to acquire Dallas-based Alerian, a provider of energy infrastructure indices and market intelligence. No financial terms were disclosed. The transaction is expected to close in the second quarter of 2018. Barclays is serving as financial adviser to Aretex on the deal with Ropes & Gray LLP and Sheppard Mullin Richter & Hampton LLP providing legal counsel.