Weekly Round Up: 7/2/2021

At Greenspring we believe in venture capital's ability to propel innovation, job creation and positive societal change. We celebrate those who think differently, take measured risk and challenge perceptions. Here's what's trending in VC this week.

Israeli software startup Tonkean has raised $50 million in a Series B round led by Greenspring manager Accel and with participation from Greenspring managers Lightspeed Ventures and Foundation Capital. Read more about their development of a no-code workflow automation platform here.

New York-based cybersecurity startup Deduce has raised $7.3 million in Seed funding led by Greenspring manager True Ventures. More here.

Medical database HealthVerity has raised $100 million in Series D funding with participation from Greenspring manager Greycroft. Learn more about the Company's expansion plans here.

Ghanaian-based Jetstream has raised $3 million in Seed funding with participation from Greenspring manager Lightspeed Venture Partners. Learn more about the Company's plans to help African businesses control their own cross-border supply chains and promote regional commerce here.

We are excited to continue our partnership with Bowery Valuation, the developer of a cloud-based appraisal platform for commercial real estate, by participating in the Company’s $35 million Series B round! More here. 

Israeli security company Noname Security has raised $60 million in Series B funding with participation from Greenspring Manager Lightspeed Venture Partners. More here.

Software startup Detect Technologies has raised $12 million led by Greenspring manager Accel. Read more about the Company’s geographical expansion and development plans here.

Element Biosciences, a San Diego-based DNA sequencing startup, has raised $276 million in Series C funding with participation from Greenspring manager Meritech Capital Partners. More here.

Government tech startup Zencity has raised $30 million in funding with participation from Greenspring manager TLV Partners. Learn more here.

Real estate technology company Entera has raised $32 million in a Series A financing with participation from Greenspring manager Craft Ventures. Read more about the Company’s growth as a premier full-service SaaS and Services platform for single family home investors. 

Tomo, a platform aimed at helping buyers secure mortgage loans, has raised $70 million in Seed funding with participation from Greenspring manager NFX. More here.

Financial infrastructure company Orum has raised $56 million in Series B financing co-led by Greenspring Manager Accel. More about this Company and financing here.

Shogun, an e-commerce experience platform, has raised $67.5 million in a Series C round with participation from Greenspring manager Accel. Learn more here.