- This is the latest Pulse 2.0 funding roundup.
This is the latest Pulse 2.0 funding roundup.
Company name: 645 Ventures
Funding amount: $347 million
Funds: Oversubscribed fourth fund (Fund IV) and first opportunity fund Select I
Assets Under Management: Over $550 million
What 645 Ventures does: 645 Ventures is known as an early-stage venture capital firm that partners with exceptional founders who are building iconic companies. The firm invests at the Seed and Series A stages and leverage their Voyager software platform to enable our Success team and Connected Network to help founders scale to the growth stage.
Portfolio companies: Some of the portfolio companies include Iterable, Goldbelly, Resident, Eden Health, FiscalNote, Lunchbox, and Squire.
Announcement date: December 1, 2022
Company name: Allwork
Funding amount: $4.9 million
Funding round: Series A
Investors: Led by FINTOP Capital
What Allwork does: AllWork is a total freelancer management and payments platform. And they help companies more efficiently and compliantly manage and pay every type of freelancer they need for their business including all hourly, consulting, contract, and project-based workers for both short and long-term assignments across all job functions, skill levels, categories, roles, etc.
Announcement Date: December 1, 2022
Company name: AltoVita
Funding amount: $9.5 million
Funding round: Series A
Investors: Co-led by Novum Capital Partners and Fifth Wall
What AltoVita does: AltoVita powers the corporate accommodations sector with enterprise software layered with a human-centric approach, providing every traveller with exactly what they need.
Announcement date: December 5, 2022
Company name: Basecamp Research
Funding amount: $20 million
Funding round: Series A
Investors: Led by climate investor Systemiq Ventures. And Valo, Blue Horizon, True Ventures, and Hummingbird Ventures also participated in the round.
Total funding raised: $30 million
What Basecamp Research does: Basecamp Research designs advanced protein products for all sectors of the bioeconomy using its unique understanding of how proteins behave in the real world.
Announcement date: December 13, 2022
Company name: BeeHero
Funding amount: $42 million
Funding round: Series B
Investors: Lead investor Convent Capital was joined by General Mills, Cibus Capital (formerly ADM Capital), Rabobank, MS&AD, Firstime, J-Ventures, Plug&Play, iAngels, Gaingels, UpWest, and more
What BeeHero does: BeeHero is a data-driven technology company redefining pollination in commercial agriculture. And using advanced data analytics, artificial intelligence, and low-cost IoT sensors, BeeHero brings transparency and efficiency to the complex logistics of commercial crop pollination.
BeeHero’s Precision-Pollination-as-a-Service leads to better crop yields and increased profits for commercial crop growers and agribusiness stakeholders. And their Precision Pollination solution is rapidly evolving into the backbone of the data-driven approach we will need to build a resilient and future-proof Sustainable Agriculture Ecosystem.
Announcement date: December 2, 2022
Company name: Bitwave
Funding amount: $15 million
Funding round: Series A
Investors: Led by Hack VC and Blockchain Capital, with participation by SignalFire, Valor Equity Partners, Arca, Pulsar Trading, and Alumni Ventures Blockchain Fund
What Bitwave does: Bitwave is the first enterprise-focused digital asset finance platform designed to manage the intersection of tax, accounting, and compliance for cryptocurrency, DeFi, and NFTs.
Announcement date: December 6, 2022
Company name: Deepgram
Funding amount: $47 million
Funding round: Series B
Investors: Led by Madrona with Alkeon participating as a new investor. Prior investors also participated in the deal.
Total funding raised: $72 million
What Deepgram does: Deepgram’s speech AI platform is the foundation for the future of voice technologies. And the company put speech AI behind leading innovators and has transcribed over one trillion words since its inception.
Company name: Drata
Funding amount: $200 million
Funding round: Series C
Investors: Co-led by ICONIQ Growth and GGV Capital — Additional investors in the round include Salesforce Ventures, Cowboy Ventures, S Ventures (SentinelOne), Silicon Valley CISO Investments (SVCI), and FOG Ventures (Operators Guild). Strategic individuals participated in the round including Jeff Weiner (LinkedIn), Frank Slootman (Snowflake), Jennifer Tejada (PagerDuty), Amit Agarwal (Datadog), Olivier Pomel (Datadog), and Jonathan Rubinstein (Amazon)
Valuation: $2 billion
What Drata does: Drata is the world’s most advanced security and compliance automation platform with the mission to make compliance effortless and accessible. And with Drata, thousands of companies streamline over 14 compliance frameworks—such as SOC 2, ISO 27001, GDPR, and more—through continuous, automated control monitoring and evidence collection, resulting in a strong security posture, lower costs, and less time spent preparing for annual audits.
Announcement date: December 7, 2022
Company name: Equinom
Funding amount: $35 million
Funding round: Series D
Total funding raised: $71 million
Investors: Led by Synthesis Capital with additional investment from Praesidium, Bunge Ventures, the for-profit global investment arm of Bunge, BayWa, CPT Capital and returning investors Fortissimo and Phoenix.
What Equinom does: Equinom is a company on a mission to cultivate better food from the ground up. Equinom uses its Manna technology platform and vast seed vault to restore natural biodiversity to our existing food supply – by breeding higher quality, non-GMO source crops optimized for food that require minimal processing.
Announcement date: December 12, 2022
Company name: Everimpact
Funding amount: €1.7 million
Funding round: Seed
Investors: led by Motion ventures, includes international organizations, transport companies and impact investors; EU Commission (Climate-Kic and EIT Urban Mobility), Asian Development Bank (ADB Ventures), Transport Companies’ VCs and CVCs (Wilhelmsen, Transport Capital, IMC Ventures, MOL PLUS, Blue Star Group) and Impact investors (Rainmaking Impact).
What Everimpact does: Everimpact helps cities and businesses accurately measure their greenhouse gas emissions, identify opportunities to reduce emissions, and finance required investments through the carbon markets.
Announcement date: December 14, 2022
Company name: GoBolt
Funding amount: $75 million CAD
Total funding raised: $222.5 million CAD
Investors: Led by Yaletown Venture Partners and Export Development Canada (EDC), with participation from BDC Capital, Northleaf Capital Partners, Whitecap Venture Partners, MIG Group, BMO Capital Partners and Ingka Investments, the investment arm of Ingka Group, the main IKEA retailer.
What GoBolt does: GoBolt is a technology company building the first sustainable and vertically integrated supply chain network that partners with merchants to deliver a complete end-to-end customer experience. B
Announcement date: December 7, 2022
Company name: Joy
Funding amount: $60 million
Funding round: Series B
Investors: Led by General Catalyst
Board changes: Managing Director Niko Bonatsos and Co-Founder Joel Cutler also joining Joy’s Board as Observers
Total funding raised: $106.5 million
What Joy does: Joy offers personalized events websites with an accompanying mobile app, all-in-one registry, intuitive planning tools, guest communications, online or printed Save the Dates and invitations.
Announcement date: November 30, 2022
Company name: Locus Robotics
Funding amount: $117 million
Funding round: Series F
Investors: Led by Goldman Sachs Asset Management and G2 Venture Partners
Board changes: Mark Midle, Managing Director, Goldman Sachs, and Zach Barasz, Partner, G2 Venture Partners, will join the Locus Board of Directors
Valuation: Nearly $2 billion
What Locus Robotics does: Locus Robotics’ multi-bot solution incorporates powerful and intelligent autonomous mobile robots that operate collaboratively with human workers to dramatically improve piece‐handling, case-handling, and pallet-moving productivity 2X–3X, while optimizing labor and making efficient use of warehouse space. And Locus helps retailers, 3PLs, and specialty warehouses efficiently meet and exceed the increasingly complex and demanding requirements of fulfillment environments.
Announcement date: November 29, 2022
Company name: Medical Informatics
Funding amount: $27 million
Funding round: Series B and includes an additional $10 million in debt led by Catalio through Catalio’s structured equity strategy
Investors: Co-led by Catalio Capital Management through Catalio’s venture capital strategy and Intel Capital. New investors TGH Innoventures – Tampa General Hospital’s innovation center and venture fund – and Notley, and existing investors DCVC, TMC, and nCourage also participated in the round.
Board changes: As part of this latest round, Jonathan Blankfein, Principal at Catalio, will join the company’s board of directors, and Dr. Diamantis Xylas, Head of Research at Catalio, will join as a board observer.
What Medical Informatics does: Medical Informatics is empowering a new standard of healthcare by accessing, synthesizing and delivering patient-specific data to clinicians and researchers to save and improve lives. The company’s FDA-cleared Sickbay platform provides a singular, interconnected architecture that helps hospitals solve clinical needs while enabling rapid scaling of remote patient monitoring across any patient setting, vendor-neutral real-time medical device integration, workflow automation and standardization, and the ability to accelerate the development and deployment of patient-centered AI at scale.
Announcement date: November 29, 2022
Company name: MessageGears
Funding amount: $62 million
Funding round: Growth financing
Investors: The round was led by Long Ridge Equity Partners with participation from Argentum Group and Atlanta Ventures.
Total funding raised: $80 million
What MessageGears does: MessageGears is the only data-connected customer engagement platform built for today’s enterprise. And MessageGears is a radically different enterprise software company, delivering advanced customer segmentation and message personalization and delivery that simply outperforms other enterprise marketing clouds and data platforms.
Announcement date: December 12, 2022
Company name: MetalSoft
Funding amount: $16 million
Funding round: Series A
Investors: Led by DNS Capital
What MetalSoft does: MetalSoft provides intelligent bare metal automation software for managing data centers and multi-vendor equipment, from a single rack of servers to tens of thousands across the globe. It then makes them available to be consumed on-demand by users and applications, like the cloud.
Announcement date: December 6, 2022
Company name: MOON ULTRA
Funding amount: $15 million
Funding round: Series B
Investors: Sports icons and media personalities including Emmanuel Acho, 2x Emmy-winning host, FS1 analyst and former NFL LB; Ray Lewis, 2x Super Bowl champion (MVP) and 13x Pro Bowl LB; Baron Davis, 2x NBA All-Star guard, founder and tech investor; former NFL stars and hosts of ‘Nice & Neat the Podcast’ (Omar Bolden, Super Bowl champion and former NFL S; Duke Ihenacho, former NFL S and on-air host; and Jalon Webster, CEO of GoldenHour Grooming); Adeel Shams, founder of COOLKICKS and host of Kickin’ It With COOLKICKS podcast; Chiney Ogwumike, 2x WNBA All-Star forward and ESPN analyst, and Joe Willock, Newcastle United midfielder.
What MOON ULTRA does: MOON ULTRA offers content creators (and consumers alike) a premium professional lighting experience on virtually any mobile device at the touch of a fingertip.
Announcement date: December 8, 2022
Company name: Morse Micro
Funding amount: AU $170 million
Funding round: Tops up the Series B funding round
Investors: TelstraSuper, HESTA, Hostplus and NGS (managed by Blackbird Ventures) and UniSuper (managed by Uniseed) participated in the round.
Total funding raised: Over $200 million
What Morse Micro does: Morse Micro is a fast-growing fabless semiconductor company headquartered in Sydney. And the company is the most well-funded Wi-Fi HaLow company in the world.
Announcement date: November 28, 2022
Company name: Plant Prefab
Funding amount: $42 million
Funding round: Series C
Investors: Led by Gerdau Next Ventures, the corporate venture capital program of Brazilian steel producer Gerdau, with additional investments by Asahi Kasei, Brown Angel Group, ICT Capital and Unreasonable Collective. And the round also included debt and equipment financing from Western Technology Investments and ATEL Capital Group. All parties are existing investors in Plant Prefab, reflecting strong belief in the company’s growth and market opportunity.
What Plant Prefab does: Plant Prefab is building technology company dedicated to sustainable design, materials, and operations. And the company’s patented Plant Building System utilizes advanced digital modeling and fully customizable Plant Panels and Plant Modules to help architects, developers, general contractors, and individuals design and build multifamily and custom single-family homes 20 to 50 percent faster than site-based methods.
Company name: Prismforce
Funding amount: $13.6 million
Funding round: Series A
Investors: Led by Sequoia Capital India along with a select set of global angel investors
Total funding raised: $15.4 million
What Prismforce does: A vertical SaaS firm focused on enabling IT companies to build a digital-first, agile talent supply chain
Announcement date: November 29, 2022
Company name: Quadric
Funding amount: $10 million
Funding round: Extension of Series B funding round
Total funding raised: $31 million
Investors: Xerox Ventures and Mesh Ventures are the latest investors to back Quadric’s innovative processor architecture, joining existing investors DENSO, MegaChips, Leawood VC, Pear VC, Uncork Capital, and Cota Capital.
What Quadric does: Quadric.io is the leading licensor of general-purpose neural processor IP (GPNPU) that runs both machine learning inference workloads and classic DSP and control algorithms.
Announcement date: December 15, 2022
Company name: ResortPass
Funding amount: $26 million
Funding round: Series B
Investors: Co-led by Declaration Partners and 14W with existing lead investor CRV participating and additional new investors including William Morris Endeavor, Gwyneth Paltrow, Jessica Alba and Brian Kelly, also known as The Points Guy.
What ResortPass does: ResortPass is redefining what it means to be a guest by offering day access to luxury hotel experiences. The fast-growing company has been connecting locals and visitors to hotel and resort amenities since 2016, weaving relaxation and luxury into everyday life, making rest more mindful, togetherness more meaningful, and escape more accessible.
Announcement date: November 30, 2022
Company name: Saltbox
Funding amount: $35 million
Funding round: Series B
Investors: Co-led by Cox Enterprises and Pendulum. Included investment from Playground Global, XYZ Capital, Fundrise, Kapor Capital, Wilshire Lane Capital, Colliers, Lincoln Property Company, Flexport, and Overline among others.
Total funding raised: $56 million
Board changes: Andrew Davis, Senior Vice President of Strategy for Cox Enterprises, and Robbie Robinson, CEO and Co-Founder of Pendulum joined the Board of Directors.
What Saltbox does: Saltbox solves the hardest parts of running an e-commerce business with human-centric logistic solutions. And with a purpose-built network of flexible warehouses in major metropolitan areas, fulfillment centers, and on-site services across the country, Saltbox addresses the most critical challenges e-commerce entrepreneurs face when starting, growing, and scaling their businesses.
Company name: SION
Funding amount: $3.2 million
Funding round: Seed
Investors: Led by TIA Ventures with participation from SmartFlyer and Virtuoso
What SION does: SION is a global technology company serving the needs of the travel advisor industry. It exists to make travel advisors’ lives easier through its powerfully simple software.
Announcement date: December 7, 2022
Company name: Strand Therapeutics
Funding amount: $97 million
Funding round: Series A1
Investors: FPV led the round, with participation from Eli Lilly and Company, Potentum Partners, and existing investors Playground Global, and a further unannounced syndicate.
What Strand Therapeutics does: Strand Therapeutics is a next-generation biotechnology company committed to transforming the lives of patients by developing first-in-class programmable mRNA therapeutics. Founded by leaders in mRNA-based synthetic biology at MIT, Strand is creating the first platform for programmable, long-acting mRNA therapeutics that are bioengineered to enable precise control of the location, timing, intensity, and duration of therapeutic activity.
Announcement date: November 28, 2022
Company name: Synchron
Funding amount: $75 million
Funding amount: Series C
Investors: Led by ARCH Venture Partners. Gates Frontier, Bezos Expeditions, Reliance Digital Health Limited, Greenoaks, Alumni Ventures, Moore Strategic Ventures, and Project X join ARCH as new additional investors. Existing investors, including Khosla Ventures, NeuroTechnology Investors, METIS, Forepont Capital Partners, ID8 Investments, Shanda Group and University of Melbourne participated in the round.
What Synchron does: Synchron is a clinical-stage endovascular brain computer interface (BCI) company. Since 2012, the company has been developing a BCI platform that avoids the need for open brain surgery by using a minimally-invasive procedure.
Announcement date: December 15, 2022
Company name: Ubie
Funding amount: $19 million
Funding round: Series C extension, closing the Series C round at $45 million
Investors: SOGO MEDICAL CO., LTD., AAIC Investment Pte. Ltd., Japan Impact Investment II Limited Partnership, and Rakuten Capital, while loans extended from the Shoko Chukin Bank, Ltd., Japan Finance Corporation, and Mizuho Bank, Ltd.
Total funding raised: $76 million
What Ubie does: Ubie is a Japanese health-tech startup that develops and provides an AI-powered patient questionnaire that guides patients from symptoms to appropriate medical care and improves operational efficiency in the medical field.
Announcement date: December 8, 2022
Company name: Uniqus Consultech
Funding amount: $12.5 million
Funding round: Series A
Investors: Led by Nexus Venture Partners. The investment also marks the first investment for Sorin Investments. Prominent global business and consulting leaders including Pirojsha Godrej, Anant Goenka, Apoorva Patni, Keki Mistry, Ranu Vohra, Dhanpal Jhaveri, Vijay Malhotra, Bala Swaminathan, and Sridar Iyengar also participated in the round.
What Uniqus Consultech does: A tech-enabled global platform that offers ESG and Accounting & Reporting Consulting
Announcement date: December 8, 2022
Company name: Vaxxas
Funding amount: US$23 million (A$34 million)
Total funding: more than US$67 million (A$100 million)
Investors: This investment round was led by existing investors OneVentures and UniQuest Pty Ltd. New investors include members of the Vaxxas Board of Directors, management team, and a number of individual investors.
What Vaxxas does: Vaxxas is a privately held biotechnology company focused on enhancing the performance of existing and next-generation vaccines with its proprietary high-density microarray patch (HD-MAP). Vaxxas is targeting initial applications in infectious disease and oncology.
Announcement date: December 5, 2022
Company name: Vaultree
Funding amount: $12.8 million
Funding round: Series A
Investors: Led by Molten Ventures together with Ten Eleven Ventures. The additional A-round investors include top global cybersecurity company SentinelOne, along with Elkstone Partners, CircleRock Capital, Cyber Club London and prominent cybersecurity experts.
What Vaultree does: Vaultree has developed the world’s first Fully Functional Data-in-Use Encryption solution that solves the industry’s fundamental security issue: persistent data encryption, even in the event of a leak. And Vaultree enables enterprises, including those in the financial services and healthcare / pharmaceutical sectors, to mitigate the great financial, cyber, legal, reputational, and business risk of a data breach in plain text.
Announcement date: December 7, 2022
Company name: Virtualness
Funding amount: $8 million
Funding round: Seed
Investors: Led by Blockchange Ventures and joined by Polygon Ventures, F7 Ventures, Micron Ventures, Better Capital, FalconX, Impact Venture Capital, Neythri Futures Fund, Oceans Ventures, Perot Jain, VC3 DAO, Carolyn Everson, Randi Zuckerberg, Nusier Yassin (Nas Daily), Nikki Farb, Stacy Brown-Philpot, and other thought-leaders.
What Virtualness does: Virtualness is a mobile-first platform designed to help creators and brands navigate the complex world of Web3.
Announcement date: December 14, 2022
Company name: Wasabi Technologies
Funding amount: $15 million
Funding round: Series D
Investors: Headlined by Azura, SiS Cloud Global Tech Fund 8, and existing investors including Prosperity7 Ventures.
What Wasabi Technologies does: Wasabi provides simple, predictable and affordable hot cloud storage for businesses all over the world. It enables organizations to store and instantly access an unlimited amount of data at 1/5th the price of the competition with no complex tiers or unpredictable egress fees.
Announcement date: December 7, 2022
