Innovation

Zephyr AI: $111 Million Raised To Develop AI Solutions For Democratizing Precision Medicine

By Amit Chowdhry ● Mar 13, 2024

Zephyr AI - a healthcare technology company focused on developing artificial intelligence (AI) solutions for democratizing precision medicine - announced it has closed a $111 million Series A funding round with participation from Revolution Growth, Eli Lilly & Company, Jeff Skoll, EPIQ Capital Group, and others.

Peerspace Signs Partnership With Booking.com

By Amit Chowdhry ● Mar 13, 2024

Peerspace announced a new partnership with Booking.com to help event organizers bring their visions to life. Event organizers who book a venue on Peerspace, plus all of their confirmed attendees, will now receive exclusive discounts on hotels and rental cars on Booking.com.

Luminary Cloud: Computer-Aided Engineering Company Exits Stealth With $115 Million In Funding

By Amit Chowdhry ● Mar 13, 2024

Luminary Cloud announced it has officially launched out of stealth. And Luminary Cloud also revealed that the company is backed by Sutter Hill Ventures - which led its $115 million funding. Luminary was incubated at Sutter Hill Ventures in 2019.

WealthFeed: Financial Advisor Growth Platform Company Closes $2 Million

By Amit Chowdhry ● Mar 13, 2024

WealthFeed - an AI-based organic growth platform for Financial Advisors - announces the successful closing of a $2 million funding round. The strategic investors in this round include Thicket Ventures and executives from the Registered Investment Advisor (RIA), investment banking, and private equity industries.

Codezero: Enterprise Microservices Development Company Raises $3.5 Million

By Amit Chowdhry ● Mar 13, 2024

Codezero - an innovator in secure enterprise microservices development - announced a $3.5 million seed-funding round led by cybersecurity-focused VC firm Ballistic Ventures. Ballistic Ventures' funding added to the support from the existing list of angel investors and advisors, including Thomas Dohmke, Nick Caldwell, Marty Weiner, and James Routh.

Legends: Kids Confidence Training Platform Raises $6 Million

By Amit Chowdhry ● Mar 13, 2024

Legends - a confidence-training platform for kids - has launched out of stealth and announced $6 million in seed funding from tech- and education-focused VCs, including Floodgate Capital, Reach Capital, and individual investors, including technologist Joe Liemandt.

OVHcloud: Global Cloud Provider Investing C$145 Million And Opening Data Center In Toronto Area

By Amit Chowdhry ● Mar 13, 2024

Leading global cloud provider OVHcloud US announced its parent company is expanding further internationally with the opening of a second Canadian site - which is the group's 42nd data center. This supported a long-term investment of C$145 million.

Prescient AI: Media Measurement And Optimization Company Secures $10 Million

By Amit Chowdhry ● Mar 13, 2024

Prescient AI, an AI-powered media measurement and optimization company that saw over 30x revenue growth last year, announced it raised $10 million in Series A funding, led by Headline and CEAS Investments. Blumberg Capital and Focal VC, the previous investors, also joined the round.

BlackRock Acquiring Solar Assets From Excelsior Energy Capital

By Amit Chowdhry ● Mar 13, 2024

Leading renewable energy infrastructure investor Excelsior Energy Capital announced the sale of a portfolio of 38 solar energy and solar plus storage projects from its Fund I portfolio to BlackRock’s Evergreen Infrastructure Partners Fund. Excelsior divested its entire stake as part of the deal.

Freespace Robotics Raises Strategic Investment From U. S. Steel

By Amit Chowdhry ● Mar 13, 2024

Pittsburgh-based Freespace Robotics has raised a strategic investment from United States Steel. Freespace Robotics builds robotic storage and retrieval systems for warehouses worldwide. This funding will help Freespace hire and retain local talent and recruit others into the region.

Flagstone Raises £108 Million From Estancia Capital Partners

By Amit Chowdhry ● Mar 13, 2024

Flagstone - a leading UK-based cash deposit platform - announced a £108 million ($138 million) equity investment from Estancia Capital Partners. Estancia is a a US financial services specialist private equity firm with expertise in cash management. As part of the deal, Estancia takes a minority stake in the Flagstone business.

Inflexion: £1.75 Billion Closed For Partnership Capital Fund III

By Amit Chowdhry ● Mar 13, 2024

Leading European mid-market private equity firm Inflexion announced the final close of Inflexion Partnership Capital Fund III at its hard cap of £1.75 billion, making it the largest dedicated minority fund in Europe. The Partnership Capital strategy targets minority equity investments into entrepreneurial businesses led by ambitious founders and management teams looking to multiply.

Webull Now Offers Futures And Commodities Trading

By Amit Chowdhry ● Mar 13, 2024

Leading low-cost trading company Webull has announced the expansion of its product offerings by adding futures and commodities trading. This allows customers to diversify their portfolios even more. Futures trading will offer Webull users a platform to participate in the futures market by enabling them to speculate on the directional/price move rather than owning the underlying asset.