To get deals in your inbox each morning, sign up for ourTerm Sheet newsletter Nest Labs, a Palo Alto, Calif.-based maker of smart home devices like thermostats and smoke detectors, is raising upwards of $150 million in a new VC round that would value the company north of $2 billion, according to Re/code.DSTis expected to lead the round, with return backers including Google Ventures, Kleiner Perkins, Generation Investment Management, Lightspeed Venture Partners, Shasta Ventures and Venrock.www.nest.com Didi Dache, a Chinese taxi-booking app, has raised $100 million in Series C funding fromCITIC Capital($60m) and existing investors likeTencent($30m), according to a Chinese media report.www.xiaojukeji.com Alexar Therapeutics Inc., a developer of liver x receptor agonists for both systemic and local use, has raised $21.5 million in Series A funding. The company was formed by NeXeption LLC, while the investment was co-led byNew Science VenturesandThird Point Ventures. Palo Alto Investors also participated.www.alexartx.com Agilis Biotherapeutics LLC, a New York-based synthetic biology-based company focused on rare genetic diseases, has raised $8 million in new VC funding. The company also announced a partnership withIntrexon Corp.(NYSE: XON), in order to develop a treatment for Friedreich's ataxia.www.agilisbio.com Floored, a New York-based provider of 3D data capture and visualization solutions … Continue reading
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