Archives

Clasp: Recruitment Platform Company Raises Over $10 Million

By Amit Chowdhry ● Sep 18, 2024

Clasp (formerly known as Stride Funding) has closed an oversubscribed venture round of over $10 million led by Crosslink Capital, bringing the total funding to over $30 million. Other new strategic investors include SHRM and individuals like Marc Weill, whose family is known for its contributions to leading healthcare institutions.

DeltaStream: Serverless Stream Processing Company Secures $15 Million (Series A)

By Amit Chowdhry ● Sep 18, 2024

Serverless stream processing platform DeltaStream announced it had raised $15 million in Series A funding from New Enterprise Associates (NEA), Galaxy Interactive, and Sanabil Investments. This funding will accelerate the company’s vision of enabling a complete serverless stream processing platform to manage, secure, and process all streaming data, irrespective of data source or pipeline.

Nomic Bio: Protein Profiling Company Raises $42 Million (Series B)

By Amit Chowdhry ● Sep 18, 2024

Protein Profiling company Nomic Bio announced it raised $42 million in Series B funding. This funding round will enable Nomic to accelerate the expansion of its commercial operations, further invest in advancing its state-of-the-art protein profiling platform, and broaden its transformative offerings to meet the growing demand.

Nura Bio: Neuroprotective Therapy Company Closes $68 Million (Series A)

By Amit Chowdhry ● Sep 18, 2024

Nura Bio, a clinical-stage biopharmaceutical company developing neuroprotective and small molecule therapies for treating debilitating neurological diseases, announced the closing of over $140 million in Series A funding. And this includes adding $68 million to the initial Series A round of $73 million which was announced in 2020. This funding round was led by founding investor The Column Group, with participation from continuing investors Samsara Bio Capital and Euclidean Capital and new investor Sanofi Ventures.

AttoTude: AI And Hyperscale Data Center Applications Company Secures $29 Million (Series A)

By Amit Chowdhry ● Sep 18, 2024

AttoTude, a leader in interconnect technology for AI and hyperscale data center applications, announced a Series A funding round of $29 million. This funding round follows AttoTude’s initial Seed Round, which raised $11 million in March 2024. A combination of prominent investors, including Sutter Hill Ventures, Canaan Partners, and Wing Venture Capital funded this funding round.

Sigo Seguros: Insurtech Company Raises $10.5 Million (Series A)

By Amit Chowdhry ● Sep 18, 2024

Sigo Seguros, a digital-first non-standard auto insurance brand that is eliminating extra fees, announced it has raised a $10.5 million Series A led by Varco Capital and returned investor Listen. Angeles Ventures and Flintlock Capital participated in the round, as did existing investors Zeal Capital Partners, Rise of the Rest, and Fiat Ventures. Varco Capital is the family office of Rafael and Carlos Varela, the founders of Pronto Insurance, a leading non-standard auto franchise.

BlackRock, Microsoft, GIP, And MGX Launching $30 Billion AI Fund

By Amit Chowdhry ● Sep 18, 2024

BlackRock, Global Infrastructure Partners (GIP), Microsoft, and MGX have announced a new collaboration called the Global AI Infrastructure Investment Partnership (GAIIP). This partnership will invest in new and expanded data centers to meet the growing demand for computing power and energy infrastructure to create new sources of power for these facilities. These infrastructure investments will mainly be in the US, driving AI innovation and economic growth, and the remainder will be invested in U.S. partner countries.