Innovation

Epicrispr Biotechnologies: $68 Million (Series B) Raised For Developing Curative Therapies

By Amit Chowdhry ● Mar 30, 2025

Epicrispr Biotechnologies, a biotechnology company focused on developing curative therapies, announced it has secured $68 million in the first close of its Series B financing. The proceeds from the funding will support the clinical development of EPI-321, a first-in-class, disease-modifying therapy for facioscapulohumeral muscular dystrophy (FSHD), a genetic neuromuscular disease.

Island: $250 Million (Series E) Raised At Nearly $5 Billion Valuation For Enterprise Browser

By Amit Chowdhry ● Mar 30, 2025

Enterprise browser company Island announced a $250 million Series E funding round. This brings Island’s valuation to $4.8 billion in under five years since its 2020 founding. Coatue Management led the new funding, with several existing investors participating. And Island has secured about $730 million in outside investment to date.

Inspiren: $35 Million (Series A) Raised For AI-Based Senior Living Ecosystem

By Amit Chowdhry ● Mar 30, 2025

Inspiren, a leader in AI-based solutions redefining senior living, recently announced the addition of its emergency call system, which makes it the market's first and only senior living ecosystem to integrate care planning, resident safety, staff efficiency, and emergency call into one seamless solution. This follows Inspiren's $35 million Series A funding led by Avenir with participation from Primary Venture Partners, Story Ventures, Third Prime, and Studio VC. The funding will support the growth of Inspiren's clinical consulting and internal teams and further scale its senior living ecosystem.

Novarc: $50 Million (Series B) Closed For AI-Based Welding Solutions Robotics

By Amit Chowdhry ● Mar 30, 2025

Novarc Technologies - a full-stack AI robotics company specializing in the design and manufacturing of automated welding solutions - announced the company has raised $50 million in a Series B funding round led by Export Development Canada (EDC), Canada’s export credit agency, with participation from private investment firm Graham Partners, Seaspan (one of Canada’s leading shipbuilders), and InBC Investment.

Mission Clean Energy: Strategic Investment From Ørsted Raised

By Amit Chowdhry ● Mar 30, 2025

Mission Clean Energy announced a strategic investment from Ørsted, a leader in clean energy. This partnership marks a major milestone in Mission's development of utility-scale solar and battery energy storage projects across the US.

OpusClip: $20 Million Raised For AI-Based Video Editing Platform

By Amit Chowdhry ● Mar 30, 2025

OpusClip, a generative AI-based video editing platform, recently announced a $20 million funding round by SoftBank Vision Fund 2 and others. This strategic round comes after a record year for OpusClip in which the company surpassed 10 million creators using its platform, creating more than 172 million clips. The company plans to use the funding to expand its team and roll out new AI-powered products.

2X: Marketing-As-A-Service Company Raises Strategic Investment From Insight Partners

By Amit Chowdhry ● Mar 30, 2025

2X, a leader in subscription-based marketing as a service (MaaS), announced a strategic secondary investment from Insight Partners, a global software investor. This funding comes less than two years after 2X's initial backing from Recognize. It further validates the company's approach to transforming how B2B organizations scale their marketing and revenue operations to accelerate sustainable growth.

Scimplify: $40 Million Secured For Transforming The Specialty Chemicals Manufacturing Market

By Amit Chowdhry ● Mar 30, 2025

Scimplify recently announced a $40 million Series B funding round to scale its revolutionary platform, which is transforming how specialty chemicals are developed, manufactured, and distributed worldwide. Accel and Bertelsmann co-led the round, which included participation from UMI and existing investors, including Omnivore and 3one4 Capital.

Sohar Health: $3.8 Million (Seed) Secured For AI-Based Eligibility Determination And Verification Of Benefits

By Amit Chowdhry ● Mar 29, 2025

Sohar Health, an AI-based eligibility determination and Verification of Benefits (VoB) provider, announced a $3.8 million seed funding round led by Kindred Capital, with participation from Y Combinator, Rebel Fund, and Concept Ventures.

Zolve: $251 Million Raised For Helping Citizens Working Abroad With Financial Mobility

By Amit Chowdhry ● Mar 29, 2025

Zolve—a company aiming to solve the problem of international students lacking financial history when abroad—announced it secured $251 million in equity and debt to scale its solution to making financial borders as seamless as geographic ones.

Recess: $1.75 Million (Pre-Seed) Raised To Help Parents Find Class Enrichments

By Amit Chowdhry ● Mar 29, 2025

Recess, a marketplace platform for parents to find and book enrichment classes, after-school care, and camps, has secured $1.75 million in pre-seed funding. Baukunst led this oversubscribed round.

SemperVirens: $177 Million Closed Across Two New Funds

By Amit Chowdhry ● Mar 29, 2025

SemperVirens - a venture fund investing in companies driving workforce transformation through innovation in the enterprise, healthcare, and financial services sectors - announced that it has closed $177 million across two new funds. And the firm raised $141 million for its Core Fund III (early-stage companies) and $36 million for its Growth Opportunity Fund II (dedicated to growth stage investments in its top performing companies).

Elon Musk Merging Portfolio Companies xAI And X In $33 Billion Deal

By Amit Chowdhry ● Mar 29, 2025

xAI, the artificial intelligence company founded by Elon Musk, has acquired X - which is the social media company formerly known as Twitter that is also owned by Elon Musk. This deal was valued at $33 billion in an all-stock deal. Musk said that this deal values xAI at $80 billion and X at $33 billion ($45 billion minus $12 billion of debt).