Innovation

Actual Veggies: $7 Million (Series A) Raised To Meet The Demand For Health Foods

By Amit Chowdhry ● Mar 1, 2025

Actual Veggies, a CPG leader known for its chef-crafted veggie burgers and vegetable-forward products, announced a $7 million Series A round of funding led by Relentless Consumer Partners with participation from New Fare

Camber: $30 Million (Series B) Raised For Transforming Insurance Reimbursement In Healthcare

By Amit Chowdhry ● Mar 1, 2025

Camber, a company transforming healthcare payments by reducing administrative burdens on clinics and families, announced a $30 million Series B funding round led by Andreessen Horowitz with participation from ACME and Craft, bringing its total funding to $50 million. Camber has several investors who have participated across multiple funding rounds, validating their confidence in Camber’s vision and execution. Additional investors in the Series B round include K Ventures and Y Combinator.

Venn: $21.5 Million (Series A) Secured For All-In-One Financial Platform

By Amit Chowdhry ● Mar 1, 2025

Venn, the all-in-one financial platform built for Canadian businesses, announced it has raised $21.5 million in a Series A funding round led by Left Lane Capital, with participation from XYZ Venture Capital, Intact Ventures, and Gradient.

Bridgetown Research: $19 Million (Series A) Raised For Deploying AI Business Research Agents

By Amit Chowdhry ● Mar 1, 2025

Bridgetown Research is an AI decision science startup that announced $19 million in Series A funding led by Lightspeed and Accel, with participation from a leading research university.

CarbonQuest: $20 Million Secured For Distributed Carbon Capture Provider

By Amit Chowdhry ● Mar 1, 2025

CarbonQuest, a leading distributed carbon capture technology provider, announced that it closed a $20 million funding round led by Riverbend Energy Group, with additional funding from two institutional investors.

Millie: $12 Million (Series A) Closed For Tech-Enabled Maternity Clinic Platform

By Amit Chowdhry ● Mar 1, 2025

Tech-enabled maternity clinic company Millie announced that it raised $12 million in Series A funding co-led by TMV and Foreground Capital, with significant participation from Pivotal Ventures and the March of Dimes Innovation Fund. The current investors, including Ingeborg Investments, participated in the round alongside BBG Ventures, Joyance, LearnStart, Amboy Street Ventures, Mother Ventures, Coyote Ventures, and Chai Ventures.

Electro Rent Selling Intellirent Division To Sandbrook Capital

By Amit Chowdhry ● Mar 1, 2025

Platinum Equity portfolio company Electro Rent announced the signing of a definitive agreement to sell the intellirent division to Sandbrook Capital. Intellirent offers electrical test and measurement (T&M) equipment, primarily serving the power generation and distribution, data center, and renewable energy industries.

Motus Buying Vehicle Reimbursement Company Everlance

By Amit Chowdhry ● Mar 1, 2025

Motus, a leader in vehicle reimbursement and risk mitigation for businesses with employees that actively drive for work, announced the acquisition of Everlance, which is a mileage and expense tracking solution for small businesses, teams, and sole proprietors.

FairPlay: $10 Million Funding Raised For Fairness-As-A-Service Platform

By Amit Chowdhry ● Feb 28, 2025

FairPlay, which is a Fairness-as-a-Service company, announced a $10 million investment from Infinity Ventures, JPMorganChase, and Nyca Partners. This funding comes as FairPlay reports a threefold increase in business in 2024, demonstrating robust market demand for its AI safety solutions.

Loyal: $22 Million (Series B-2) Raised For Clinical-Stage Animal Health Platform

By Amit Chowdhry ● Feb 28, 2025

Loyal, a clinical-stage animal health company developing longevity drugs for dogs, announced that the FDA’s Center for Veterinary Medicine has accepted the Reasonable Expectation of Effectiveness (RXE) section of its conditional approval application for LOY-002. The company also revealed it has raised a $22 million B-2 round from Valor Equity Partners and Collaborative Fund, and others, in addition to its $45 million Series B in 2024.

Koala: $15 Million (Series A) Raised For GTM Engine

By Amit Chowdhry ● Feb 28, 2025

Koala, which is the rep-first GTM engine turning your best sales signals into plays, announced the closing of its $15 million Series A funding round, bringing total funding to $20 million, including an earlier seed round. The round was led by CRV, with participation from HubSpot Ventures, Recall Capital, and Afore.

VRIFY: $12.5 Million (Series B) Secured For Advancing AI-Assisted Mineral Discovery Platform

By Amit Chowdhry ● Feb 28, 2025

VRIFY Technology, a technology company combining advanced AI with deep industry expertise to transform how minerals are found, announced it has raised C$12.5 million in Series B funding. Led by venture capital firm LGVP, with continued support from Series A funders RCF Innovation and Beedie Capital. This round brings VRIFY's total funding to over C$30 million.

Asbury Automotive Buying The Herb Chambers Companies In $1.34 Billion Deal

By Amit Chowdhry ● Feb 28, 2025

Asbury Automotive Group, one of the largest automotive retail and service companies in the U.S., signed a definitive agreement to acquire various automotive dealerships owned by The Herb Chambers Companies (HCC), the fourteenth largest by revenue privately owned dealership group in the country.

Regie.ai: $30 Million (Series B) Raised For AI-Based Sales Strategies

By Amit Chowdhry ● Feb 28, 2025

Regie.ai, a platform transforming sales prospecting in the age of AI, announced it has raised $30 million in Series B funding, co-led by Scale Venture Partners and Foundation Capital, with participation from Khosla Ventures, StepStone Group, TriplePoint Capital, and South Park Commons.

Modine: $180 Million In Orders Signed For Data Center Cooling Systems

By Amit Chowdhry ● Feb 28, 2025

Modine, a diversified global leader in thermal management technology and solutions, announced $180 million in orders for Airedale by Modine data center cooling systems from a new customer, a leading AI infrastructure developer.

Dow Jones To Buy Dragonfly Intelligence And Oxford Analytica From FiscalNote In $40 Million Deal

By Amit Chowdhry ● Feb 28, 2025

Dow Jones has agreed to acquire Dragonfly Intelligence, a geopolitical and security intelligence provider, and Oxford Analytica, a geopolitical intelligence advisory services provider from FiscalNote Holdings, for $40 million.

STAX Engineering: $70 Million Raised For Maritime Emissions Capture And Control

By Amit Chowdhry ● Feb 28, 2025

STAX Engineering, a leader in maritime emissions capture and control, announced $70 million in funding led by Firstime Credit and Deutsche Bank Private Credit & Infrastructure. It also launched new carbon capture trials with Seabound, a leader in onboard carbon capture technology.