Innovation

Tuesday Capital: Ethan Imboden Named As Partner

By Amit Chowdhry ● Dec 23, 2024

Seed-stage fund firm Tuesday Capital announced it had added Ethan Imboden, a long-time collaborator, as a partner. Imboden joins the team after 10 years at global design & strategy consulting firm frog, where he founded and led the venture practice and investment arm.

Slip Robotics: Truck-Loading Robots-As-A-Service Company Closes $28 Million (Series B)

By Amit Chowdhry ● Dec 23, 2024

Slip Robotics, a next-generation provider of automated truck-loading robots-as-a-service, announced it raised a $28 million Series B financing led by DCVC. The funding reflects Slip’s rapid growth with industry-leading customers – including John Deere, GE Appliances, Valeo, and Nissan – using SlipBots to load and unload any truck in just 5 minutes.

Mindgard: $8 Million Raised For Safeguarding AI With Security Solutions

By Amit Chowdhry ● Dec 23, 2024

AI security company Mindgard announced a $8 million funding round. .406 Ventures led the round, which included participation from Atlantic Bridge, Willowtree Investments, and existing investors IQ Capital and Lakestar.

Ayar Labs: Optical Interconnect Company Raises $155 Million (Series D)

By Amit Chowdhry ● Dec 22, 2024

Ayar Labs, a leader in optical interconnect solutions for large-scale AI workloads, announced it has raised $155 million in financing led by Advent Global Opportunities and Light Street Capital to address the AI bottleneck of data movement with its optical I/O technology. This brings the company’s total funding to $370 million and raises its valuation to above $1 billion.

Dentons Reveals Country And Office Managing Partners In Europe And Central Asia

By Amit Chowdhry ● Dec 22, 2024

Global law firm Dentons announced the appointment of Country and Office Managing Partners across Europe and Central Asia for the three-year term starting January 1, 2025.

Aisti: €29 Million (Series A) Raised To Transform Acoustic Solutions

By Amit Chowdhry ● Dec 22, 2024

Finnish technology company Aisti - a company that is renowned for its acoustic tiles made of renewable wood fibers - announced it raised a Series A funding round of €29 million. This funding round attracted notable early-stage investors, such as Voima Ventures, Maki.vc, the Valve Ventures consortium, and private investors.

Remodel Health: ICHRA Provider Company Raises Over $100 Million

By Amit Chowdhry ● Dec 21, 2024

Remodel Health, an Individual Coverage Health Reimbursement Arrangement (ICHRA) provider for brokers, announced it had raised over $100 million from Oak HC/FT and Hercules Capital in growth funding. And Remodel offers an end-to-end white-labeled tech platform that supports employers and employees with everything they need for launching and accessing their ICHRA plans, including plan creation and administration, call center support, automated quoting, employee onboarding, HRIS integrations and payments with carriers and access to ancillary products.

Borealis Biosciences: RNA Medicines Company Secures $30 Million (Series A Extension)

By Amit Chowdhry ● Dec 21, 2024

Next-generation RNA medicines company Borealis Biosciences announced the appointment of Christian Hordo as CEO and a $30 million infusion from an extension of the Series A led by Westlake BioPartners. Plus, the company announced the addition of three new board directors, David Allison, Ph.D., Tom Frohlich, and Catherine Thut, Ph.D.

TripSuite: Travel Agency Software Company Raises $5 Million (Seed)

By Amit Chowdhry ● Dec 21, 2024

TripSuite, a leading software platform for travel agencies, announced it has raised $5 million in seed funding. The funding round was led by F-Prime Capital, with participation from Bienville Capital Management and Thayer Ventures.

HERVolution Therapeutics: Dark Genome Biotech Company Raises $11.7 Million (Series A) For Advancing Treatments

By Amit Chowdhry ● Dec 21, 2024

HERVolution Therapeutics ApS - a dark genome-focused biotechnology company developing immunotherapies for addressing aging-related diseases - announced a $11.7 million Series A financing to advance its lead assets toward clinical evaluation. This funding round was led by the Serum Institute of India (SII) with participation from the European Innovation Council (EIC) Fund and other investors.

Aiwyn: CPA Technology Partner Company Raises $113 Million

By Amit Chowdhry ● Dec 21, 2024

Aiwyn - a trusted technology partner for top Certified Public Accounting (CPA) firms - announced the closing of a $113 million funding round. This funding, led by leading global investment firm KKR and Bessemer Venture Partners, validates Aiwyn’s leadership in the accounting technology sector.

Menlo Ventures Reveals Cohort Backed By $100 Million Anthology Fund

By Amit Chowdhry ● Dec 21, 2024

Menlo Ventures announced the first cohort of 18 companies backed by the $100 million Anthology Fund. Launched in partnership with Anthropic to accelerate AI-first innovation, the fund has received thousands of applications from entrepreneurs since its July announcement.

CareTrust REIT: Unsecured Revolver Doubled To $1.2 Billion

By Amit Chowdhry ● Dec 21, 2024

CareTrust REIT announced that it has renewed and doubled its unsecured revolving credit facility to $1.2 billion. The bank group consisted of Joint Lead Arranger/Administrative Agent KeyBanc Capital Markets, and Joint Lead Arrangers/Syndication Agents: BMO Capital Markets., JPMorgan Chase Bank, Bank of America, Wells Fargo Securities, and Co-Documentation Agents: The Huntington National Bank, Raymond James Bank, M&T Bank, Morgan Stanley Bank, and Royal Bank of Canada.