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Madhive: CTV Ad Software Platform Company Raises $300 Million From Goldman Sachs Asset Management

By Amit Chowdhry ● Jun 21, 2023

Madhive - a leading advertising software platform engineered for modern TV advertising - announced that it has signed a definitive agreement with the Private Equity business within Goldman Sachs Asset Management for a $300 million investment in the company.

Connext Labs: Blockchain Interoperability Protocol Raises $7.5 Million At $250 Million Valuation

By Noah Long ● Jun 21, 2023

Connext - a pioneering blockchain interoperability protocol - announced the closure of its strategic fundraising round of $7.5 million at a $250 million valuation.

NewHomesMate: Proptech Company Closes $5.5 Million In Funding

By Noah Long ● Jun 21, 2023

Propertymate - a proptech startup that simplifies the homebuying experience of new construction homes - announced that they raised $5.5M in seed funding. And with given investments, the company aims to expand to new markets in the US and rebrands as NewHomesMate. This new brand name reflects the focus on the new construction homes market and the mission to help homebuyers get the best experience of navigating and buying newly built homes.

Refuel AI: $5.2 Million Raised To Automate Dataset Creation And Labeling For Every Business

By Noah Long ● Jun 21, 2023

Refuel AI - a platform to automate dataset creation and labeling for every business and every use case - announced recently that it exited from stealth with $5.2 million in seed funding led by General Catalyst and XYZ Ventures.

Peninsula Fiber Network: $61 Million Federal Grant Awarded

By Amit Chowdhry ● Jun 21, 2023

Peninsula Fiber Network (PFN) announced recently that it has been awarded a major federal grant to install broadband infrastructure in 3 areas across the state of Michigan. And the project includes routes that traverse Michigan’s lakes and unserved/underserved counties and towns, bringing much-needed “middle mile" broadband infrastructure to improve the state’s broadband connectivity.

Glystn: $4 Million Raised To Build AI-Powered Community And Engagement Engine For Creators

By Amit Chowdhry ● Jun 21, 2023

A team of social media and online community veterans recently unveiled Glystn: the first AI-driven community engagement engine that helps creators scale through intelligent automation. The company also announced $4 million in funding from Eniac Ventures, Precursor Ventures, Hannah Grey VC, and Future Perfect Ventures.

Specter Aerospace: $9.5 Million In Funding Raised To Develop Advanced Propulsion Technologies

By Dan Anderson ● Jun 20, 2023

Specter Aerospace - a Boston-based area defense contractor specializing in the field of plasma-assisted combustion and hypersonic propulsion - announced recently that it had secured over $9.5 million in previously undisclosed venture and government funding today. This funding round comes from various defense contracts awarded by the DoD and equity investments from CS Ventures and Mandala Ventures.

Bitterroot Bio: $145 Million Raised For Developing Transformative Medicines in Cardio-Immunology

By Annie Baker ● Jun 20, 2023

Bitterroot Bio - a biotechnology company focused on developing novel immunotherapies in cardiovascular disease - announced recently a $145 million Series A financing round co-led by ARCH Venture Partners and Deerfield Management with participation from GV, Koch Disruptive Technologies, Alexandria Venture Investments, and others.

SustainCERT: Climate Impact Verification Company Raises $37 Million

By Noah Long ● Jun 20, 2023

SustainCERT - a Luxembourg-based climate impact verification company - announced recently that it raised $37 million in Series B funding for supporting global expansion. The funding was provided by Partech, Hartree Partners, Citizen Capital, Innovacom, and the Microsoft Climate Innovation Fund.

Course5 Intelligence: Analytics And AI Solutions Company Secures $53 Million

By Annie Baker ● Jun 20, 2023

Analytics and AI solutions company Course5 Intelligence announced that they have successfully completed their round of funding of $53 million with a second close led by Nuvama Crossover Series of funds, managed by Nuvama Asset Management Limited. The second close saw participation by Carnelian Asset Advisors Pvt Ltd. and affiliates.