Archives

Armada: Edge Computing Company Raises $40 Million

By Amit Chowdhry ● Jul 21, 2024

Armada, an edge computing pioneer transforming the future of connectivity, computing and AI, announced a $40 million funding round led by M12 (Microsoft's Venture Fund), raising its total to over $100 million.

Healthworx Launches New Accelerator Program To Help Scale Healthcare Startups

By Amit Chowdhry ● Jul 21, 2024

Healthworx is an agile group of healthcare experts featuring equal parts investment arm, strategic partner, commercialization engine, and launch pad. The team has introduced a reimagined accelerator for healthcare startups seeking funding and mentorship.

North Sky Capital: $250 Million Raised For Impact Secondaries Fund

By Amit Chowdhry ● Jul 21, 2024

North Sky Capital announced the closing of its impact secondaries fund, Clean Growth VI (CG VI), with $250 million of commitments. Investors include prominent pension plans, foundations, wealth management platforms and family offices from across the US, Canada, Brazil, Singapore, and Europe.

Miravast Closes $346 Million For Second Flagship Fund

By Amit Chowdhry ● Jul 21, 2024

Miravast Asset Management, a leading vertically integrated investment manager with deep experience underwriting longevity risk and investing in life settlements, announced that it recently completed fundraising for Miravast ILS Credit Opportunities II LP (Fund II) with $346 million of fund commitments.

Seismos: AI-Based Acoustic Sensing Company Raises $15 Million

By Amit Chowdhry ● Jul 21, 2024

Seismos and Edison Partners announced a new $15 million growth investment to enable and accelerate the energy industry’s shift from analog-focused exploration and production to digital infrastructure and autonomous production operations.

Exabeam And LogRhythm Complete Merger

By Amit Chowdhry ● Jul 21, 2024

Exabeam - a company that delivers industry-leading AI and automation for accelerated threat detection, investigation, and response (TDIR)- and LogRhythm (known for its trusted data ingestion) announced the successful completion of their previously announced merger.

Hayden: Vision AI Platform Company Raises $90 Million

By Amit Chowdhry ● Jul 21, 2024

Hayden AI Technologies, a leader in vision AI solutions for smart cities, announced $90 million in new growth equity financing. This Series C round was led by The Rise Fund and was supported by existing investors such as the Drawdown Fund and Autotech Ventures, and others.

Rohirrim: RFP AI Automation Company Raises Strategic Funding

By Amit Chowdhry ● Jul 20, 2024

Rohirrim, a leading Request for Proposal (RFP) AI automation platform, announced that Bessemer Venture Partners and IBM Ventures made strategic investments in the company.

Nearfield Instruments: Metrology & Inspection Solutions Company Raises €135 Million

By Amit Chowdhry ● Jul 20, 2024

Nearfield Instruments, the developer of state-of-the art Metrology & Inspection (M&I) solutions for the semiconductor manufacturing industry, announced the successful closing of a €135 million Series C funding round. This oversubscribed funding round was led by two new major investors Walden Catalyst and Temasek. M&G Investments - through its Catalyst strategy - is acting as a co-investor. Existing investors Innovation Industries, Invest-NL, and ING also joined.