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Lumana: Video Security Platform Company Raises $24 Million

By Amit Chowdhry ● Apr 9, 2024

Lumana has emerged from stealth with a next-generation video security platform that utilizes AI and distributed hybrid cloud architecture. With $24 million in seed funding from Norwest and S Capital and a talented leadership team experienced in computer vision and machine learning, Lumana transforms any security camera into an AI-powered device that can identify complex events and potential risks as they occur.

Seaport Therapeutics: $100 Million Raised To Advance Development Of Novel Neuropsychiatric Medicines

By Amit Chowdhry ● Apr 9, 2024

Seaport Therapeutics, a clinical-stage biopharmaceutical company that is charting a proven path in neuropsychiatry, announced the closing of a $100 million oversubscribed Series A financing round. The funding round was co-led by ARCH Venture Partners and Sofinnova Investments, as well as Third Rock Ventures and Seaport founder PureTech Health. Seaport appointed Daphne Zohar as Founder, CEO and a member of the Board of Directors, and Steven M. Paul, M.D., as founder and Chair of the Board of Directors.

rater8: Healthcare Reputation Management Company Raises Strategic Funding

By Amit Chowdhry ● Apr 9, 2024

rater8, a leader in healthcare reputation management and patient feedback solutions, announced the close of a Series A funding round led by Elsewhere Partners. rater8 will use the growth financing to expand its market reach to medical practices and hospitals of all types and sizes. It will continue to build out its team, deepen industry partnerships, and enhance its SaaS solutions to meet the changing needs of patients and the modern healthcare community.

Varda: Space Manufacturing And Hypersonic Earth Re-Entry Logistics Company Raises $90 Million

By Amit Chowdhry ● Apr 9, 2024

Varda Space Industries - the world's first in-space manufacturing and hypersonic Earth re-entry logistics company - announced the completion of a $90 million Series B funding round, led by Caffeinated Capital, with participation from Lux Capital, General Catalyst, Founders Fund, and Khosla Ventures. And Varda has raised $145 million to date.

Fluid Topics: €15 Million Raised From Kennet Partners

By Amit Chowdhry ● Apr 9, 2024

Fluid Topics, a leading Content Delivery Platform for product information, announced the completion of its Series B funding round. Kennet Partners has invested €15 million in the company to reinforce Fluid Topics’ premier position on the market by scaling operations across the US and utilizing the potential of AI in customer support applications. Existing investors include Ventech, the pioneering pan-European early-stage VC, and Credit Mutuel Innovation.

DataStax Buying Langflow Creator Logspace

By Amit Chowdhry ● Apr 9, 2024

GenAI data company DataStax announced it has entered into a definitive agreement to acquire AI startup Logspace, the creators of Langflow, an open-source visual framework for building retrieval-augmented generation (RAG) applications.

Flip: Social Commerce Company Raises $144 Million At $1.05 Billion Valuation

By Amit Chowdhry ● Apr 9, 2024

Flip, a rapidly growing social commerce platform, announced the company will soon be relaunching its marketing platform for brands utilizing AppLovin’s AXON technology. And Flip announced it is raising $144 million in a Series C funding round, including a $50 million investment by AppLovin. This funding round was led by Streamlined Ventures with participation from previous investors Mubadala Capital and WestCap, and AppLovin as a new investor, bringing the company’s pre-money valuation to $1.05 billion.