Aviat Networks - a leading expert in wireless transport and access solutions - recently announced it has received orders totaling over $50 million with two separate U.S. State governments for statewide public safety networks.
Vero Technologies - a wholesale financing technology and loan servicing platform - recently announced the closing of its $8.5 million Series A funding round.
Tankfarm - a tech-enabled propane distribution platform - recently announced that it has closed on a $23 million Series B funding round led by a handful of prominent family offices and existing investors.
Navenio - a global location tech scaleup - recently announced that it raised $6.3 million in funding to help transform healthcare efficiency worldwide. This funding round was led by Oxford Science Enterprises and included existing investors, including G.K. Goh Ventures, Big Pi Ventures, George Robinson, and the University of Oxford.
Peregrine Hydrogen - a climate technology company pioneering a dual production method for green hydrogen and valuable chemicals - recently announced an oversubscribed $7.8 million seed funding round. This funding round was led by Bidra with participation from Builders, Gates Frontier, Presidio Ventures, RiSC Capital and Schox. And Peregrine will utilize the funds to refine and scale-up their proprietary technology and expand into commodity chemical markets.
Monark - a SaaS platform that offers on-demand leadership development for a new generation - recently announced it has closed a $1.5M seed financing round. This funding round was led by Storytime Capital, with participation from The51, Archangel, and UCeed.
Nexusflow - a Generative AI leader targeting the cybersecurity industry - recently announced that it has raised a $10.6 million seed round led by Point72 Ventures, with participation from Fusion Fund and several AI luminaries in Silicon Valley.
EJF Capital - a global alternative asset management firm - recently announced the successful closing of EJF Ventures Fund LP with about $104 million in capital commitments. This Fund received support from both new and existing EJF investors.
The University of Minnesota recently announced that it launched a record-breaking 23 startup companies in fiscal year (FY) 2023, the result of a growing research portfolio, an increasingly entrepreneurial faculty culture and years of program growth and refinement by the teams at U of M Technology Commercialization (Tech Comm) and its Venture Center as they work on bringing U of M innovations to market.
Purdue University has received $2.7 million in federal funding from the U.S. Department of Agriculture’s Animal and Plant Health Inspection Service (APHIS) for developing a field test that can measure and predict the spread of SARS-CoV-2, the virus that causes COVID-19, in a wide range of wildlife and farm animals.
Research driven by the University of Michigan generated a record 580 new inventions last year and launched 25 startup companies, ranging in scope from innovative therapies for the treatment of fibrosis to technologies aiding in substance abuse monitoring. U-M President Santa J. Ono had announced the university’s fiscal year 2023 research commercialization metrics at the annual Celebrate Invention event earlier this month by Innovation Partnerships, a unit based in the Office of the Vice President for Research.
Mapbox - a location platform powering navigation for Toyota, General Motors, and BMW - recently announced the completion of a $280 million Series E funding round led by SoftBank Group and its affiliate to drive investments into AI location services and further broaden its footprint in the automotive industry.
MotherDuck - a builder of a serverless, easy-to-use data analytics platform based on the open-source database DuckDB - recently announced a $52.5 million round of funding. These are the details.
qbiq - a generative AI and visualization platform for real estate space planning - recently announced that it has raised $10 million in seed funding from strategic investors, including JLL Spark Global Ventures as well as 10D, Ocean Azul, Randomforest and M-FUND, to use generative AI to unlock the potential of any space and accelerate decision making.
Vero Technologies - a wholesale financing technology and loan servicing platform - recently announced the closing of its $8.5 million Series A funding round.
Legit Security - a cyber security company with an enterprise Application Security Posture Management (ASPM) platform that enables secure application delivery from code to cloud and protects an organization's software supply chain from attack - recently announced that it has successfully closed a $40 million venture capital round investment led by CRV with participation from existing investors Cyberstarts, Bessemer Venture Partners, and TCV.
Yotta Energy - a leading provider of innovative solar+storage solutions - recently announced it raised an $8 million funding round led by Evergy Ventures and with participation from strategic investors BlueScope and Cricetus Felix Ventures, and existing investors Copec WIND Ventures, EDP Ventures, Doral Tech Ventures, and the SWAN Impact Fund.
Vivante Health - a leader in digital digestive health - recently announced the closing of $31 million in Series B funding led by new investor Mercato Partners.
Afterparty - a platform empowering thousands of creators with the tools and technology for personal fan connections and monetization - recently announced that it has secured $5 million in funding.
Tangelo - a "Food-as-Medicine" platform - recently announced the acquisition of Diet ID. Both companies are privately held, and the transaction details were not disclosed.
Kyros - a Minnesota-based technology platform providing Substance Use Disorder (SUD) recovery services - recently announced that it has raised an additional $10.5 million in funding to expand access to life-saving services. Existing investor Rally Ventures led the round.
Aspinity - a leader in near-zero power AI solutions - recently announced that it had closed $5 million in Series B funding from current investors Anzu Partners, Birchmere Ventures, Mountain State Capital and Riverfront Ventures.
Laudio is a company that empowers and connects frontline healthcare leaders to drive outcomes that matter. And with its intelligent leadership solution, Laudio automates repetitive work and serves daily recommendations and best practices that help frontline leaders gain better visibility into their teams, find opportunities for meaningful connections, and discover clearer paths to achieving their goals. Pulse 2.0 interviewed Laudio co-founder and CEO Dr. Russ Richmond to learn more.
Cato Networks - a provider of the world’s leading single-vendor SASE platform - recently announced it raised $238 million in equity investment, bringing total funding to $773 million.
age1 - a VC firm catalyzing the next generation of founder-led longevity biotech companies - recently launched to build a community of visionaries advancing new therapeutics, tools, and technologies targeting aging and age-related disease. And age1’s specialized team has an industry-leading track record and unwavering commitment to the field, having pioneered the first longevity-focused venture capital fund in 2011 (five years ahead of any other fund of its type) and since backed multiple IPOs and acquisitions.
ReCode Therapeutics - a clinical-stage genetic medicines company using precision delivery to power the next wave of mRNA and gene correction therapeutics - recently announced the closing of an extension to its Series B financing, raising an additional $50 million and the appointment of Kouki Harasaki, Ph.D., founding and managing partner of Bioluminescence Ventures (BLV), to the company’s board of directors.
Mural Health Technologies - a next-generation clinical trial participant management platform - recently announced that it has raised $8 million in seed funding, led by Bessemer Venture Partners, with participation from Virtue VC, Operator Partners, Arkitect Ventures, Correlation Ventures, and Project Mayhem Ventures.