Innovation

Hometree: Funding Raised From BlackRock And Renewable Installers Acquired

By Amit Chowdhry ● Apr 20, 2024

Hometree, a rapidly growing residential energy services company, announced it had secured its first debt facility from funds and accounts managed by BlackRock. This is a major step in its mission to support the decarbonization of millions of homes across the UK.

Nava Health: Holistic Health And Treatment Center Company Raises Funding From Decathlon Capital

By Amit Chowdhry ● Apr 20, 2024

Nava Health, a group of holistic health and treatment centers focused on integrative medicine, announced it has landed a multi-million dollar investment package from Decathlon Capital Partners. The details of the revenue-based funding transaction were not disclosed.

Avive Solutions: Advanced Connected Automated External Defibrillator Company Raises $56.5 Million

By Amit Chowdhry ● Apr 20, 2024

Avive Solutions, developer of the world's most advanced connected automated external defibrillator (AED)—the Avive Connect AED—announced the closing of a $56.5 million growth equity funding round. This funding round was led by Questa Capital, Laerdal Million Lives Fund (LMLF), and Catalyst Health Ventures and brought in several new investors, including RC Capital and Eckuity Capital.

TIFIN: Rob Pettman Named As Chief Revenue Officer And President

By Amit Chowdhry ● Apr 20, 2024

TIFIN, a leading AI and innovation platform for wealth, announced the appointment of Rob Pettman as its Chief Revenue Officer and President. In this new role, Pettman will report directly to TIFIN's Founder and CEO, Dr. Vinay Nair.

Metsera: $290 Million Secured To Develop Medicines For Obesity And Metabolic Diseases

By Amit Chowdhry ● Apr 20, 2024

Metsera, a clinical-stage biopharmaceutical company advancing the next generation of medicines for obesity and metabolic diseases, announced its launch this week. And Metsera also announced it raised $290 million in funding led by ARCH Venture Partners with participation from other leading healthcare investors, including F-Prime Capital, GV, Mubadala Capital, Newpath Partners, SoftBank Vision Fund 2, and other undisclosed investors.

Veesual: Virtual Try-On Platform Company Raises $7.5 Million

By Amit Chowdhry ● Apr 20, 2024

Veesual, a Paris-based virtual try-on platform for the fashion industry that transforms how online shoppers experience digital retail, announced the closing of a $7.5 million seed round led by AXA Venture Partners (AVP) and Techstars.

Vorlon: Third-Party API Security Company Closes $15.7 Million

By Amit Chowdhry ● Apr 20, 2024

Vorlon, a leading platform for comprehensive third-party API security, announced it has raised $15.7 million in capital to further its efforts to help CISOs and their security teams proactively secure the third-party APIs their organizations consume. Accel leads this Series A round with additional support from Shield Capital and others.

Kontakt.io: Inpatient Journey Analytics Company Closes $47.5 Million

By Amit Chowdhry ● Apr 20, 2024

Kontakt.io, a leading provider of Inpatient Journey Analytics, announced a Series C investment of $47.5 million, led by Growth Equity at Goldman Sachs Asset Management. This funding round will support the company’s growth and expansion of Artificial Intelligence (AI) solutions.

Altair Buying Modern Data Fabric Provider Cambridge Semantics

By Amit Chowdhry ● Apr 20, 2024

Altair, a global leader in computational intelligence, acquired Cambridge Semantics, a modern data fabric provider and creator of leading analytical graph databases. And Cambridge Semantics' graph-powered data fabric technology accelerates the creation of comprehensive enterprise knowledge graphs, integrating the complex web of structured and unstructured enterprise data into a single, simplified view.

Volo Sports Raises Strategic Growth Investment From Manhattan West

By Amit Chowdhry ● Apr 20, 2024

Manhattan West, a strategic investment firm offering an integrated platform of investments and services, announced that Manhattan West Private Equity completed its growth equity investment in Volo Sports (Volo). Launched in 2010 as a 16-person bocce league in Baltimore, Maryland, Volo is the premier provider of community-focused and tech-enabled adult social sports and curated events in major cities across the U.S.

Anvilogic: Multi-Data Platform SIEM Company Secures $45 Million

By Amit Chowdhry ● Apr 20, 2024

Anvilogic, the industry's first multi-data platform SIEM, announced closing a $45 million Series C funding round, bringing its total funding to date to $85 million since being founded in 2019. This funding round was led by Evolution Equity Partners, with participation from existing investors Foundation Capital, Cervin Ventures, Myriad Ventures, Point72 Ventures, Outpost Ventures, Stepstone Group, and G Squared.

Verne: Hydrogen Storage Systems Company Raises $15.5 Million In Total Funding

By Amit Chowdhry ● Apr 20, 2024

Verne, a leading developer of high-density hydrogen storage systems, announced a strategic fundraising led by Trucks Venture Capital, with participation from existing investors Collaborative Fund and Amazon’s Climate Pledge Fund, and new investors United Airlines Ventures Sustainable Flight Fund and Newlab.

LunaJoy Health: Holistic Women’s Therapy Company Secures $4.2 Million

By Amit Chowdhry ● Apr 20, 2024

To expand the company's capabilities and close disparities in maternal health care, LunaJoy Health announced the launch of its novel integrated care program, LunaCare, to improve outcomes in maternal mental health. Supported by $4.2 million in new funding, the company received support from a distinguished group of investors, including Y Combinator, FoundersX Fund, Goodwater Capital, Magic Fund, VentureSouq, Nurture Ventures, NorthSouth Ventures, seasoned healthcare angels, and others.

Arcline Completes $1.8 Billion Acquisition Of Kaman

By Amit Chowdhry ● Apr 20, 2024

Kaman Corporation announced the completion of its acquisition by Arcline Investment Management, L.P. in an all-cash transaction with a total enterprise value of approximately $1.8 billion. This deal was announced on January 19, 2024, and was approved by Kaman shareholders on April 17, 2024.