Innovation

Alithea Genomics: $8.9 Million Seed Round Closed To Scale RNA-Seq For Drug Screening And Toxicology

By Amit Chowdhry ● Mar 5, 2026

Alithea Genomics announced the closing of a CHF 6.9 million ($8.9 million) seed financing round aimed at accelerating the commercialization of its large-scale RNA sequencing technologies and expanding their use in drug discovery and toxicology research.

Inhouse: $5 Million Raised For AI Legal Platform For Business Owners

By Amit Chowdhry ● Mar 5, 2026

Inhouse announced it has raised $5 million in seed funding to expand its AI platform designed to help business owners handle legal work more efficiently. The round was backed by Run Ventures, Royal Street Ventures, Switch, and Brian Liu, the cofounder and former CEO of LegalZoom.

MeltPlan: $10 Million Seed Round Raised To Build AI Planning Engine For Construction

By Amit Chowdhry ● Mar 5, 2026

MeltPlan announced that it has raised $14 million to date, including a $10 million seed round led by Bessemer Venture Partners. The round also included participation from noa, with earlier backing from WND Ventures and several angel investors.

Procode AI: $4 Million Raised And The Auctus Group Acquired To Build AI-Powered Revenue Cycle Platform For Surgeons

By Amit Chowdhry ● Mar 5, 2026

Procode AI, an AI-powered revenue cycle management (RCM) company focused on surgeons in private practice, has launched from stealth with $4 million in funding and the acquisition of The Auctus Group, a medical billing company serving plastic surgery and dermatology practices.

ImmunoScape Signs Clinical Trial MOU With U.S. Cancer Center And Secures Strategic Investment From Leonardo DiCaprio

By Amit Chowdhry ● Mar 5, 2026

ImmunoScape, a Singapore headquartered biotechnology company developing next generation T cell receptor (TCR) based cancer immunotherapies, announced that it has signed a memorandum of understanding with a leading National Cancer Institute designated Comprehensive Cancer Center in the United States to advance a clinical trial for its “Seed and Boost” therapeutic platform. The company also revealed a strategic investment from actor and environmental advocate Leonardo DiCaprio.

Traversal: AI Site Reliability Engineering Platform Receives Strategic Investment From Amex Ventures

By Amit Chowdhry ● Mar 5, 2026

Traversal, an AI platform focused on enterprise site reliability engineering, announced a strategic investment from Amex Ventures, the corporate venture capital arm of American Express.

Avantus: $300 Million Construction Financing Secured For Arizona Solar And Energy Storage Project

By Amit Chowdhry ● Mar 5, 2026

Avantus announced it has closed more than $300 million in construction financing for the Kitt Solar and Energy Storage Project in Arizona. The financing was arranged with Banco Bilbao Vizcaya Argentaria (BBVA) and Canadian Imperial Bank of Commerce’s New York branch (CIBC).

Avolon: $420 Million Samurai Loan Facility Raised By Aviation Finance Company

By Amit Chowdhry ● Mar 5, 2026

Avolon announced it has raised $420 million through its inaugural Samurai loan facility, marking the largest debut Samurai issuance by a European company and the firm’s first borrowing that is not denominated in U.S. dollars.

Carta: AI-Powered CRM Launch Follows ListAlpha Acquisition To Expand Private Capital ERP

By Amit Chowdhry ● Mar 5, 2026

Carta has acquired AI-powered CRM and relationship intelligence platform ListAlpha, launching Carta CRM as a new front-office component of its broader enterprise resource planning platform for private capital firms. The acquisition is designed to integrate deal sourcing, fundraising, and relationship management with Carta’s existing fund administration and accounting systems, creating a unified platform for the private markets investment lifecycle.

Robinhood: Platinum Credit Card And Family Finance Products Unveiled At ‘Take Flight’ Event

By Amit Chowdhry ● Mar 5, 2026

Robinhood announced a suite of new financial products aimed at helping households manage and grow wealth across generations, including a new premium credit card, family investing tools, trust and custodial accounts, and updates to its digital advisory platform. The announcement was made during the company’s “Robinhood Presents: Take Flight” event and outlined a broader strategy to expand the platform into a full-service financial ecosystem for families.

Otovo: $16.6 Million Secured To Fund EnergyAid Acquisition And Accelerate Global Expansion

By Amit Chowdhry ● Mar 5, 2026

Otovo announced it has secured approximately $16.6 million through a private placement as the company moves forward with plans to acquire EnergyAid and expand its home energy services platform across North America and Europe.

Circadence: $16.4 Million Closed For AI-Driven Cyber Readiness Platform Expansion

By Amit Chowdhry ● Mar 5, 2026

Circadence announced it has closed a $16.4 million investment round led by Seneca Partners as the company continues to expand its AI-driven cyber readiness and resilience platform across defense and enterprise markets.

Unleash: $35 Million Raised For AI-Era Feature Management Platform

By Amit Chowdhry ● Mar 5, 2026

Unleash, an enterprise FeatureOps platform designed to help organizations control software releases in the era of AI-generated code, announced it has raised $35 million in Series B funding. The round was led by One Peak, with participation from existing investors Spark Capital, Frontline Ventures, and Firstminute Capital.

Spellbook: $40 Million Debt Financing Secured To Fund Legal AI Acquisitions

By Amit Chowdhry ● Mar 5, 2026

Spellbook, an AI copilot platform for contracts, announced it has secured $40 million in debt financing from RBCx, the technology and innovation banking arm of Royal Bank of Canada, to support strategic acquisitions as the legal AI sector undergoes consolidation.