Innovation

JOGO Health: $5.5 Million Raised To Treat Neuromuscular Disorders

By Amit Chowdhry ● Jun 18, 2024

JOGO Health, a medical technology company treating chronic pain and neuromuscular disorders, announced it has raised over $5.5 million in an investment round led by Hourglass Ventures. And due to high demand, the company is opening the round to public retail investors through a Regulation CF community investment round on Wefunder, inviting retail investors to join alongside firms like Mayo Clinic Ventures (the venture arm of the renowned hospital).

SCI Ventures: Philanthropy Fund Launched To Advance Restorative Treatments For Spinal Cord Injuries

By Amit Chowdhry ● Jun 18, 2024

SCI Ventures, a new venture philanthropy vehicle focused on funding and commercializing innovative treatments for spinal cord injury, announced the launch of its first fund. SCI Ventures' mission is to advance breakthroughs for people living with paralysis by supporting promising cure-oriented therapies and emerging technologies. This fund launched with $27 million in commitments and anticipates raising $40 million by the end of the year.

Moonbeam Network: Smart Contract Platform Company Raises $13 Million

By Amit Chowdhry ● Jun 18, 2024

Moonbeam Network, a smart contract platform that accelerates Web3 integration, announced $13 million in development support for gaming, real-world assets, canary network Moonriver, and other targeted key areas. And this funding also includes a new $10 million Innovation Fund, $1.5 million in Moonbeam ecosystem grants, and $1.5 million in Moonriver grants.

AVAVA: Medical Aesthetics Company Closes $35 Million In Funding

By Amit Chowdhry ● Jun 18, 2024

AVAVA, a medical aesthetics platform company advancing a new class of image-guided and focused intradermal laser products that are safe and effective for all skin tones, announced that it secured $35 million in new funding.

Aim Security: $18 Million Closed To Enable Secure Adoption Of AI Across Enterprises

By Amit Chowdhry ● Jun 18, 2024

Aim Security, a company that is enabling the secure adoption and use of AI across enterprise organizations, announced $18 million in Series A funding led by Canaan Partners, with participation from the company’s seed investor YL Ventures.

Nomad Health: $22 Million Raised And Justin Lambert Named As CEO

By Amit Chowdhry ● Jun 18, 2024

Nomad Health, a leading digital marketplace for healthcare jobs, announced it has raised $22 million in a round led by HealthQuest Capital. Adams Street, Icon Ventures, Polaris Partners, .406 Ventures, and RRE Ventures also joined the round. The company has also appointed Justin Lambert as chief executive officer (CEO). Co-founder and former CEO, Alexi Gharib Nazem, MD, will remain on the Nomad Health Board of Directors.

Zips Car Wash Raises $70 Million From Atlantic Street Capital

By Amit Chowdhry ● Jun 18, 2024

Atlantic Street Capital (a private equity firm that invests in lower middle market companies through an operationally intensive strategy) announced that it has made an additional $70 million investment to further support the operating strategy, member experience, leadership team, and wash quality of its portfolio company Zips Car Wash.

YesWeHack: Bug Bounty And Vulnerability Management Platform Closes €26 Million

By Amit Chowdhry ● Jun 18, 2024

YesWeHack, a global Bug Bounty and vulnerability management platform, announced a €26 million Series C funding round. Wendel led the round, which included new investors like Adelie and Seventure Partners and reinvestment from Bpifrance, Open CNP, and Eiffel Investment Group. YesWeHack also welcomed Renaud Deraison, Co-Founder of Tenable and Senior Advisor to Wendel Growth, to its Board of Directors.

Autify: Quality Engineering AI Company Secures $13 Million

By Amit Chowdhry ● Jun 18, 2024

Autify, an AI platform for quality engineering, announced that it has completed a Series B funding round of $13 million and launched a beta version of Zenes, an autonomous AI agent for software quality assurance. Leading the funding round are Globis Capital Partners (Tokyo-based VC firm) and LG Technology Ventures (the Silicon Valley-based venture capital arm of LG Group). Existing investors WiL (World Innovation Lab), Salesforce Ventures, Archetype Ventures, and Uncorrelated Ventures also joined the round.

Anycreek: $1.8 Million Raised To Simplify Outdoor Experiences

By Amit Chowdhry ● Jun 18, 2024

AnyCreek, a Memphis-based startup that is simplifying access to guided experiences like fishing and hunting, with top guides and outfitters, announced the successful completion of a $1.8 million seed funding round. This funding round brings AnyCreek's total since launching in 2022 to $3.3 million, with continued participation from Starting Line and other notable angel investors and new participation from Bridge Investments, LaunchTN, and others.

Constructor: AI-Based Product Discovery Platform Company Raises $25 Million At $550 Million Valuation

By Amit Chowdhry ● Jun 18, 2024

Constructor, a leading AI-powered product discovery and search platform for enterprise e-commerce companies, announced that it has closed a $25 million Series B round. This funding round brought the company's valuation to $550 million. Sapphire Ventures led the round with participation from existing investor Silversmith Capital Partners.

Gracia AI: Photorealistic Spatial Content Company Raises $1.2 Million

By Amit Chowdhry ● Jun 18, 2024

Gracia AI, an AI-based technology company, designed for professional creators and media companies to create first-of-its-kind photorealistic volumetric videos for Spatial Computing with six degrees of freedom viewing, announced it raised $1.2 million in seed funding from The Venture Reality Fund, Triptyq Capital, LVL1 Group, and Future Fund.

Satisfi Labs Buys Omnichannel Marketing Automation Company Factoreal

By Amit Chowdhry ● Jun 18, 2024

Satisfi Labs, an AI-based Conversational Experience Platform for destinations and experiences, announced it has acquired Factoreal, an omnichannel marketing automation platform that focused on simplifying the marketing technology experience across sports and entertainment.

Scoop Analytics Secures $3.5 Million To Expand Platform

By Amit Chowdhry ● Jun 18, 2024

Scoop Analytics, a business analytics tool powered entirely by spreadsheets, announced today it has raised $3.5 million in seed funding. Scoop will use the new funding round to expand the features of its solution - which is the first ever to make it easy for anyone with spreadsheet skills to get data from any application, blend data from different sources, and tell visually compelling data stories with slide presentations based on live, drillable data to advance their business.