Boston Roundup: Volition Capital, Freight Farms, Technical Machine

A few notable fundraising deals:

—Volition Capital, a spinout from Boston-based Fidelity Investments’ venture operation, has finished raising its second growth equity fund at more than $170 million. The firm, led by co-founder and managing partner Larry Cheng, showed up in the news this summer when it filed SEC paperwork for the first $80 million of the new fund. At that time, the fund’s target was $150 million.

—Freight Farms, a Techstars Boston company that puts hydroponic vegetable gardens inside souped-up shipping containers, has filed SEC paperwork indicating a $1.2 million equity investment round. The startup, which was also part of the MassChallenge program, recently reported installing one of its units at a hotel in Concord, NH.

—Technical Machine, a Boston-based startup selling Web-connected microcontrollers that can be programmed with JavaScript, has raised about $1 million. The investment was led by True Ventures, which was joined by Slow Ventures and angel investors Drew Volpe and Karl Jacob. The company, which was one of the first projects featured on Dragon Innovation’s new crowdfunding service, also tells the Boston Business Journal that it plans to move to the San Francisco Bay Area (where True Ventures is based).

Author: Curt Woodward

Curt covered technology and innovation in the Boston area for Xconomy. He previously worked in Xconomy’s Seattle bureau and continued some coverage of Seattle-area tech companies, including Amazon and Microsoft. Curt joined Xconomy in February 2011 after nearly nine years with The Associated Press, the world's largest news organization. He worked in three states and covered a wide variety of beats for the AP, including business, law, politics, government, and general mayhem. A native Washingtonian, Curt earned a bachelor's degree in journalism from Western Washington University in Bellingham, WA. As a past president of the state's Capitol Correspondents Association, he led efforts to expand statehouse press credentialing to online news outlets for the first time.