VC funding: Drum, FruitSpec, Bold Penguin, Immutable, LUMASOL

Drum, FruitSpec, Bold Penguin, Immutable, LUMASOL, Immutable, among others, announced their latest VC funding or PE funding rounds from investors.
VC funding in technology cosDrum

Drum, a sales force platform, announced $11 million in seed funding from investors such as Propel Venture Partners, Felicis Ventures, BlueRun Ventures, American Express Ventures, GroTech Ventures, Wildcat Venture Partners, BoxGroup and SV Angel.

FruitSpec

FruitSpec has completed an investment round of $4 million. Investors included AgVentures, a South African agtech investment company and Hubei Forbon Technology, China.

Bold Penguin

Bold Penguin, a commercial insurance technology provider, has raised $32 million in Series B funding round from growth equity firms Hudson Structured Capital Management, Lightstone, Guggenheim Insurance, Lockton, existing investors and individuals from Stone Point Capital. Bold Penguin raised over $50 million to date.

LUMASOL

LUMASOL, a health technology company, closed $3 million in seed funding from Pathfinder at Founders Fund and Greycroft Ventures. Sophia Hutchins is the CEO and founder of LUMASOL.

Immutable

Immutable, a video games company, has raised $15 million in Series A round led by Naspers Ventures and Galaxy Digital EOS VC Fund. Apex Capital Partners also participated. James Ferguson is the CEO of Immutable. Immutable raised a seed round last year led by Continue Capital and Nirvana Capital, and also included Sora Ventures and US digital currency exchange Coinbase.

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