Startup

Lerer Hippeau has raised two new funds — $122 million for a sixth fund devoted to seed stage investments, as well as $60 million for a “Select Fund” focused on later-stage deals.

Managing Partner Eric Hippeau said both funds will be used to continue the firm’s existing strategy: “We continue to be seed-first investors and New York-first investors.

Prisma, a Berlin and San Francisco startup that is betting big on GraphQL — the data query language originally developed by Facebook to make it easier for front-end code to talk to application servers — has raised $4.5 million in seed funding.

Silicon Valley’s Kleiner Perkins led the round, with participation from a number of angel investors, many o

BrainQ, an Israel-based startup that aims to help stroke victims and those with spinal cord injuries treat their injuries with the help of a personalized electromagnetic treatment protocol, today announced that it has raised a $5.3 million funding round on top of the $3.5 million the company previously raised. The company’s investors include Qure V