Bain Capital, Robot Ventures sell Flood.bid; Andreessen leads round for Hedra

Deal Wrap is updated as of 3 p.m. ET.

– Bain Capital Ventures LP, Robot Ventures LP and Archetype sold US-based cryptocurrency trading platform operator The Flood Foundation, which does business as Flood.bid, to blockchain company Zeroex Inc., which does business as 0x.

– Andreessen Horowitz LLC led a $32 million series A round in San Francisco-based video-focused AI developer Hedra Inc.

– Lux Capital Management LLC and Mayfield Fund LLC co-led a $33 million funding round for US-based chip-focused AI developer Cognichip Inc.

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