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Authentica Solutions, a leader in data integration and intelligence management solutions for the education sector, announced the successful completion of a $6.2 million Series Seed funding round led by Owl Ventures.

Feon Energy, an advanced battery electrolyte startup that spun out of Stanford University, announced the recent closing of a $6.1 million seed round enabling the development of next-gen batteries. The funding round was led by Fine Structure Ventures, with participation from Eight Roads, Foothill Ventures, MassVentures, EPS Ventures, and Valkyrie Fund.

Li Industries announced it closed a Series B funding round with an additional $6 million commitment from investors. The company's new investors include General Motors (GM) Ventures, DNX Ventures, and Tech Energy Ventures.

Pear Commerce, a retail e-commerce enablement platform for omnichannel brands, announced that it had closed a $10 million Series A funding round. The funding round was led by Stage 2 Capital. Additional participation in the round includes Heartland Ventures, Homegrown Ventures, Dundee Venture Capital, M25, and Daren Cotter.

illumex, a Generative Semantic Fabric platform for structured enterprise data, announced that it has raised $13 million in seed funding. The round was led by Cardumen Capital, Amdocs Ventures, and Samsung Ventures, with participation from ICI Fund, Jibe Ventures, Iron Nation Fund, Ginossar Ventures, ICON Fund, Today Ventures, and several angel investors.

RareCyte, a life sciences company offering advanced Precision Biology platforms, including instruments, reagents, software, and services, announced the completion of $20 million in funding from new and existing investors. New investor Forest Road has joined existing investors Arboretum Ventures and F-Prime Capital (which co-led the round) and investors HealthQuest Capital, 5AM Ventures, Agilent Technologies, Company founder Ron Seubert, Sheatree capital, and GKCC LLC.

Odaseva, a leading enterprise data security platform for Salesforce, announced $54 million in Series C funding, bringing the total company funding to over $90 million. Silver Lake Waterman led the round with participation from existing investors F-Prime, Eight Roads and Serena Capital, and new investors Eurazeo and Crescent Cove.

KLAR Partners announced the final closing of KLAR Partners II, which has secured total capital commitments of €870 million. This 40% increase in fund size over KLAR's prior fund highlights the strong confidence and support received from both existing and new investors.

Zoi Capital, a VC firm specializing in artificial intelligence (AI) solutions for healthcare was founded by Mayo Clinic-trained cardiologist Dr. Ronald M. Razmi and Brian K. Beeler (former Executive VP and General Counsel of Horizon Therapeutics), announced they have closed a fundraising goal of $200 million for their Health AI Fund I.

Freeflow Ventures, an early-stage venture capital (VC) firm that invests in science-driven solutions to human and planetary health challenges announced that it raised $50 million in new funds through its $35 million Fund Two and $15 million Opportunity Fund. Including a $25 million Fund One and $15 million in special purpose vehicles (SPVs), Freeflow now has $90 million in assets under management (AUM).

Sila, a next-generation battery materials company, announced it has raised $375 million in a close of its Series G round led by existing investors Sutter Hill Ventures and funds and accounts advised by T. Rowe Price Associates with participation by new investors as well as existing investors Bessemer Venture Partners, Coatue, Perry Creek Capital, and others.

MagicSchool AI, a technology platform for K-12 educators and students, announced a $15 million Series A round of financing led by Bain Capital Ventures. And additional investors include Adobe Ventures and Common Sense Media, and angel investors like Replit founder Amjad Masad, Clever co-founders Tyler Bosmeny and Rafael Garcia, and OutSchool co-founder Amir Nathoo. The funding will support the development of more use cases for AI in education.

PPM America announced the closing of PPM CLO 7 Ltd. (CLO 7). And CLO 7 has 16 unique investors, seven of which are new to PPM, and a deal size of $401 million. It is PPM’s seventh CLO closed since the firm re-entered the CLO market in 2018 and the thirteenth CLO closed in the firm’s history.

ProperXPM, a leader in tech-enabled experiential property management, announced a significant expansion backed by funding of up to $100 million. This strategic roll-up of multifamily property management companies aims to transform the property management landscape across the US.

Waypoint Bio, a biotechnology company pioneering novel cell therapies for solid tumors using in vivo spatial pooled screening technology, announced $14.5 million in seed funding led by Hummingbird Ventures with participation from other institutional investors, including Recode Ventures and pre-seed lead Fifty Years.

KarmaCheck, a technology-based solution for background checks, credentialing, and compliance, announced that it has raised $45 million in a Series B funding round led by Parameter Ventures, with participation from PruVen Capital, Velvet Sea Ventures, GC1 Ventures, and NextView Ventures.

Clearstory, a change order communication platform for the construction industry that connects companies to collaborate on out-of-contract work, announced it closed a $16 million Series B funding round, bringing the total capital raised to $35 million. This funding round was led by Prudence, with participation from Industry Ventures and existing investors, including Jackson Square Ventures, Building Ventures, GS Futures, and Cloud Apps Capital Partners.

Slide Insurance announced that it has secured a $175 million senior credit facility led by Regions Bank in its capacity as Administrative Agent, Joint Lead Arranger, and Joint Bookrunner. Synovus Bank and Texas Capital Bank, through its TCBI Securities division, also supported the transaction as a joint lead arranger and joint bookrunner.

AuthZed, a company helping enterprises rapidly build user experiences with simple, fast, and secure permissions systems, announced it has closed $12 million in funding led by General Catalyst with continued participation from Work-Bench, Y Combinator, and Amplify Partners. This Series A funding round brings AuthZed’s total amount raised to $15.8 million.

Axelera AI, a leading provider of purpose-built AI hardware acceleration technology for generative AI and computer vision inference, announced a successful closing of an oversubscribed $68 million Series B funding round, bringing the total amount raised to $120 million.

e-Zinc, a company enabling sustainable, long-duration energy storage with its zinc-air battery, announced it has raised an additional $31 million in follow-on funding to its $25 million Series A round. This oversubscribed Series A2 funding round was led by Evok Innovations, with additional investments from Mitsubishi Heavy Industries, Export Development Canada (EDC), and Ultratech Capital Partners. Plus, e-Zinc’s existing shareholders also participated, including Toyota Ventures, Eni Next, Anzu Partners, BDC, and Graphite Ventures. e-Zinc plans to use this financing to accelerate product development and complete the construction of its 42,000 sq. ft pilot manufacturing facility in Mississauga, Ontario.

Madison Dearborn Partners (MDP), a leading private equity investment firm based in Chicago which has raised aggregate capital of over $31 billion since 1992, announced that funds affiliated with MDP have made a strategic investment in Omni Federal. Omni is a founder-led and high-growth provider of innovative and intuitive mission and enterprise software solutions to the U.S. Department of Defense (DoD) and the Intelligence Community (IC). The members of Omni’s management team will retain a significant ownership position and continue to lead the company.

VenoStent, a clinical-stage medical device company developing a novel therapeutic device for improving dialysis patient outcomes, announced that it closed an additional $4 million from Norwest Venture Partners to round out its Series A funding at $20 million with Good Growth Capital and IAG Capital Partners co-leading the deal.

Faropoint, a tech-enabled, US industrial real estate investment manager, announced the final closing of its flagship Industrial Value Fund III with $915 million in commitments, exceeding its $750 million target.

Digital business company Altimetrik announced that it has signed a definitive agreement for TPG to make a majority investment in the company.

Global investment firm Carlyle announced the launch of a new evergreen private equity strategy Carlyle AlpInvest Private Markets SICAV (CAPM SICAV), offering investors worldwide – except the US – access to a global portfolio of private markets investments by leveraging Carlyle's Global Investment Solutions business AlpInvest.

HeyGen, an AI video generation platform for businesses, raised $60M in Series A led by Benchmark with participation from Thrive Capital, BOND, Conviction, Dylan Field, Elad Gil, Aviv Nevo, Neil Mehta, and SV Angel among others.‍ And Victor Lazarte from Benchmark has joined the board of directors.

Huntress, a pioneering force in cybersecurity for small businesses to small enterprises and the Service Providers that support them, announced it closed $150 million Series D funding round led by Kleiner Perkins, Meritech Capital, and existing investor Sapphire Ventures.

Ability Biologics announced the final closing of its seed funding, raising a total of $18 million, a financing round led by founding investor Amplitude Ventures. Amplitude is joined by the Fonds de solidarité FTQ, Investissement Québec, Charles River Laboratories, Theodorus and Alexandria Venture Investments.

Pomelo Care, a virtual medical practice that improves maternal and newborn health outcomes, announced $46 million in Series B funding led by existing investors First Round Capital and Andreessen Horowitz (a16z) Bio + Health. Pomelo will use this funding round to accelerate its partnerships with payors nationwide to address the root causes of the maternal health crisis.