Innovation

Paccurate: Packing Intelligence Platform Company Secures $8.1 Million (Series A)

By Amit Chowdhry ● Oct 25, 2024

Paccurate, a packing intelligence platform for parcel shippers, announced the closing of an $8.1 million Series A funding. This funding round was led by High Alpha, with participation from Tech Square Ventures, Grand Ventures, Hyde Park Angels, Las Olas Venture Capital, Springtime Ventures, and Royal Street Ventures.

Planetary Technologies: Ocean-Based Climate Solutions Company Secures $11.35 Million (Series A)

By Amit Chowdhry ● Oct 25, 2024

Planetary Technologies, a leader in ocean-based climate solutions, announced it has completed its Series A funding round, raising $11.35 million. The round was led by Evok Innovations and included new investors BDC Capital, Amplify Capital, and DNX Ventures. And these funds will support Planetary's mission to enhance the ocean's natural ability to fight climate change through carbon removal and storage.

Passkey Therapeutics: $20 Million (Seed) Raised To Address Complex Diseases

By Amit Chowdhry ● Oct 25, 2024

Passkey Therapeutics, a pioneer of Synergistic Multifunctional Therapeutics (SMThs), announced that it has emerged from stealth with $20 million in seed funding led by Breakout Ventures along with founding investors Innovation Endeavors and Bison Ventures. And additional participants include Wireframe Ventures, Alexandria Venture Investments, and GRIDS Capital.

Attention: $14 Million (Series A) Secured To Transform Customer Conversations Into Insights

By Amit Chowdhry ● Oct 24, 2024

Attention, a platform that transforms customer conversations into actionable insights, announced $14 million in Series A funding to power its next phase of growth. Alven led this funding round, which also included Eniac, 645 Ventures, Aglae, Frst, and Liquid2.

Interos: $40 Million Raised From Blue Owl Capital

By Amit Chowdhry ● Oct 24, 2024

Interos, a leader in AI-based supply chain risk intelligence trusted by over 100 Fortune 1000 companies and numerous leading federal agencies, announced a strategic $40 million growth capital investment from funds managed by Blue Owl Capital.

Calicat: $3 Million (Series A-2) Secured To Commercialize Advanced Hydrogen Electrolyzer Components

By Amit Chowdhry ● Oct 24, 2024

Calicat (California Catalysts - previously known as H2U Technologies), the world’s premier developer of advanced materials for electrolysis, announced the closing of its $3 million Series A-2 funding, bringing the total amount raised to $18 million.

BiltOn: Construction Operations Software Company Raises $15 Million (Series B)

By Amit Chowdhry ● Oct 24, 2024

BiltOn—a leading provider of construction operations and risk management software—announced it has raised a $15 million Series B funding round and rebranded from its former name, Beti. This funding round was led by PSG Equity, a growth equity firm specializing in software and technology-enabled services, with additional participation from Titan Capital and 97212 Ventures.

Optiwise.ai: $2.4 Million (Seed) Raised To Provide Optimization Solution For Walmart Sellers

By Amit Chowdhry ● Oct 24, 2024

Optiwise.ai announced it has raised $2.4 million in seed funding. And the company is the first to offer a comprehensive optimization solution for Walmart sellers. And it uses GenAI to maximize the success of product listings and ads with Walmart-specific strategies. This funding, led by StartupXseed Ventures, will continue Olivia's growth and development.

Monark: Alts-As-A-Service Infrastructure Company Raises $2.2 Million (Seed)

By Amit Chowdhry ● Oct 24, 2024

Monark, a fintech startup that embeds private market investments and trading solutions within traditional brokerage and wealth platforms, announced a $2.2 million Seed Round led by Garuda Ventures. Participation came from K50 Ventures, Grit Capital Partners, Niche Capital, and notable angel investors, including Nik Talreja, the CEO of Sydecar, and Shriram Bhashyam, the COO of Sydecar. This funding round brings Monark's total funding to $3.6 million. Previous investors include Forum Ventures and Night Capital.

Brixton Biosciences: $2 Million NIH HEAL Initiative Grant Received

By Amit Chowdhry ● Oct 24, 2024

Brixton Biosciences, a clinical-stage life sciences company, announced today it has been awarded first-year funding of a $2 million grant from the National Institutes of Health (NIH) through the Helping to End Addiction Long-term Initiative, or NIH HEAL Initiative. The grant (No. R44AR084998) will support Brixton’s ongoing development of Neural Ice, an injectable and drug-free pain management technology designed to provide long-lasting relief from chronic and post-operative pain.

Redaptive: $100 Million Raised For Accelerating Global Decarbonization

By Amit Chowdhry ● Oct 24, 2024

Redaptive, a leading Energy-as-a-Service (EaaS) provider, announced it has secured an additional $100 million equity investment from the Canada Pension Plan Investment Board (CPP Investments). This funding will support Redaptive's acceleration of project growth and enhancement of its service offering to better serve its rapidly growing customer base and ecosystem of energy performance developers and contractors in their growing demand for decarbonization and drive significant progress toward their net-zero goals.

Conga Launches Open Revenue Lifecycle Management Platform

By Amit Chowdhry ● Oct 24, 2024

Conga, a leader in Revenue Lifecycle Management, announced the general availability and launch of the full Conga Revenue Lifecycle Management (RLM) platform, the Conga Advantage Platform. Conga is the only RLM solution provider to deliver a complete, customer-proven, and open solution that easily integrates with customers’ business infrastructure via connectors and a comprehensive open API.

Turnover Labs: $1.4 Million (Pre-Seed) Raised To Decarbonize Chemical Manufacturing Industry

By Amit Chowdhry ● Oct 23, 2024

Turnover Labs, an early-stage, NYC-based start-up that aims to decarbonize the chemical manufacturing industry and change the way the world produces petrochemicals, announced that it has closed a $1.4 million pre-seed funding round. Pace Ventures and GC Ventures are co-leads, along with Sandy Spring Climate Partners and several leading VC firms.

Infinitus Systems: $51.5 Million (Series C) Raised To Automate Manual Healthcare Phone Calls

By Amit Chowdhry ● Oct 23, 2024

Infinitus Systems - a provider of the first AI platform specifically built to automate manual healthcare phone calls - announced it has raised its Series C financing led by Andreessen Horowitz. Andreessen Horowitz and Memorial Hermann Health System joined existing investors Kleiner Perkins, Coatue, and GV (Google Ventures) to invest an additional $51.5 million to accelerate the Infinitus mission of transforming healthcare operations with AI. This brings the company's total raised to $102.9 million.

Agriculture Capital: Ben Vitale Named As New Partner

By Amit Chowdhry ● Oct 23, 2024

Agriculture Capital (AC), a leader in regenerative agriculture investments, announced the addition of Ben Vitale as a new Partner. Vitale officially joins the team with over thirty years of executive and investment management experience in the carbon and environmental commodities markets, agriculture, infrastructure, and water sectors.

Michigan CDFI Coalition: $186.9 Million In Federal Funding Awarded To 9 Institutions

By Amit Chowdhry ● Oct 23, 2024

Over $186.9 million was recently awarded to nine Michigan Community Development Finance Institutions (CDFI) from federal funds to build capacity and advance their missions, supporting economic revitalization efforts in underserved communities across the state.

Cedars-Sinai Accelerator 10th Class Showscases Solutions During Demo Day At HLTH 2024

By Amit Chowdhry ● Oct 23, 2024

The participants from the Cedars-Sinai Accelerator’s 10th class showcased their healthcare solutions during Demo Day at HLTH 2024 yesterday at The Venetian Expo Center in Las Vegas, Nevada.

DNA Fund Buys Coral Capital To Invest An Additional $50+ Million In Web3 And AI Companies

By Amit Chowdhry ● Oct 23, 2024

DNA Fund, an investor in high-ticket emerging tech and web3 investments, has announced its acquisition of Coral Capital Holdings. This established investment management firm has previously managed millions in the DNA founders' personal funds.

Neuron7.ai: Service Resolution Intelligence Company Raises $44 Million (Series B)

By Amit Chowdhry ● Oct 23, 2024

Neuron7.ai, a pioneer in Service Resolution Intelligence, announced it has raised $44 million in Series B funding led by Smith Point Capital, founded by former Salesforce co-CEO Keith Block. Existing investors Nexus Venture Partners and Battery Ventures joined the oversubscribed funding round, bringing the total capital raised to date to over $63 million.

Arcserve: UDP 10 Revealed To Deliver Enhanced Malware Protection And Improved Virtualization Support

By Amit Chowdhry ● Oct 23, 2024

Arcserve, a pioneer in unified data resilience solutions, announced the launch of Arcserve UDP 10. This product offers customers an intuitive, flexible, and affordable way to address their critical data security and business continuity challenges.

Lumenuity: $1.2 Million (Seed) Raised To Enhance Zoom Capabilities Of Smartphone Cameras

By Amit Chowdhry ● Oct 23, 2024

Lumenuity announced an official launch with transformative optical technology that significantly enhances the zoom capabilities of smartphone cameras. And the company also unveiled a $1.2 million seed funding round, and are collaborating with Qualcomm Technologies to optimize the Lumenuity technologies for use on smartphones that contain the latest Snapdragon mobile platforms. This breakthrough technology offers widespread applications beyond smartphones, including drones, augmented reality (AR), etc.