X4 Pharmaceuticals, a Cambridge, Mass.-based clinical stage biotechnology company, raised $37.5m in Series A financing. Maxim Merchant Capital, a wholly owned division of Maxim Group LLC, served as the sole placement agent for the financing, with Cormorant Asset Management serving…

Berlin-based Test IO (formerly Testcloud), which offers a self-service ‘crowdtesting’ platform for app and web developers, has closed a $5 million Series A round from Turn/River Capital, the San Francisco-based VC. Since it was founded in 2011, test IO has…

Align Commerce, a new startup from an old hand in the payment and transaction market, has raised $12.5 million in new financing to use blockchain technology to create a new cross-border payment technology for small and medium-sized businesses. Align Commerce…

Lending platform Earnest wants to help millennials manage their finances. To build out its offering of loans and other financial management tools, the company has raised $75 million in funding, plus $200 million worth of loan capital from New York…

Mavrck, a Boston, MA-based micro-influencer marketing platform provider, secured $5m in funding. Backers included Kepha Partners and GrandBanks Capital. The company will use the funds to accelerate its growth. MAVRCK provides premier consumer brands with the most effective social influence…