Innovation

MetOx: High Temperature Superconducting Company Secures $15 Million

By Amit Chowdhry ● Nov 30, 2024

MetOx International - a U.S. leader in High Temperature Superconducting (HTS) technology - announced the closing of its Series B funding round, securing an additional $15 million from a strategic syndicate of investors, such as Duquesne Family Office, Piedmont Capital, Crosscut Ventures, New System Ventures, John Doerr's Family Office together with Ryan Panchadsaram, among others.

Illumen Capital: Systemic Inequity Focused Firm Raises $32.75 Million For Catalyst Fund

By Amit Chowdhry ● Nov 30, 2024

Illumen Capital - an impact fund of funds addressing systemic inequity by reducing racial and gender bias in investing - announced the raising of its $32.75 million Catalyst Fund, a vehicle designed for supporting first-time fund managers and entrepreneurs, particularly those from underrepresented backgrounds.

Spectro Cloud: Kubernetes Management Company Raises $75 Million (Series C)

By Amit Chowdhry ● Nov 29, 2024

Spectro Cloud, a leader in modern multi-cluster Kubernetes management at scale across a variety of deployment environments, including on-premises hardware, single and multi-cloud, and the edge, announced it has raised a $75 million Series C funding round led by Growth Equity at Goldman Sachs Alternatives with participation from existing Spectro Cloud investors.

Enlightenment Capital: $825 Million Fund V Closed

By Amit Chowdhry ● Nov 29, 2024

Enlightenment Capital, an investment firm focused on aerospace, defense, government, and technology (ADG&T) based in the Washington, DC, area, announced the closing of its latest fund, Enlightenment Capital Solutions Fund V, L.P.

Flipturn: EV Fleet Management Company Raises $11 Million (Series A)

By Amit Chowdhry ● Nov 29, 2024

Flipturn, an electric vehicle (EV) charger, and fleet management platform announced it had raised $11 million in a Series A round led by CRV with participation from Accel. Flipturn helps fleets manage chargers and their overall fleet operations. This funding round will enable the team to continue on its quest to expand into broader charging and energy management solutions.

Constrafor: Construction Software Company Raises $264 Million (Equity & Credit Facility)

By Amit Chowdhry ● Nov 28, 2024

Constrafor, a software provider for the construction industry, today announced the closing of its $264 million Series A funding round. This funding, comprising an equity component of $14 million and a $250 million credit facility, has been led by NFX on the equity side, and Wafra and Crestline Investors on the credit side.

The Bob Woodruff Foundation: $4.7+ Million Invested For Supporting Veterans And Military Families

By Amit Chowdhry ● Nov 28, 2024

The Bob Woodruff Foundation announced an investment of over $4.7 million dedicated to ensuring that veterans, service members, and their families have stable and successful futures. This grant portfolio addresses key issues for veteran communities, including mental health, housing, legal services, education, employment, and social connections.

CalTier: Real Estate & Alternative Investment Company Raises Funding (Series B)

By Amit Chowdhry ● Nov 28, 2024

CalTier, a leader in real estate and alternative investment platform, announced the launching of its Series B round of funding, a significant milestone in its journey to democratize access to high-quality real estate investments.

Ecolectro: Green Hydrogen Electrolyzer Company Secures $10.5 Million (Series A)

By Amit Chowdhry ● Nov 28, 2024

Ecolectro, a leader in green hydrogen technology, announced the closing of its $10.5 million Series A funding round, led by Toyota Ventures with participation from Starshot Capital, DNX Ventures, Energy Revolution Ventures, New Climate Ventures, Banco Popular Impact Fund, and Techstars, and others.