Archives

Xfactor.io: AI-Based Revenue Platform Company Secures $16 Million

By Amit Chowdhry ● Apr 19, 2024

Xfactor.io, an AI-based revenue platform, announced a $16 million Series A round co-led by Accel and XFactor.io CEO and founder Mike Carpenter, with participation from Lightspeed and others. Formerly, Carpenter was the President of Global Sales and Field Operations at CrowdStrike, responsible for significant business growth leading to its IPO in 2019. With a career spanning 25 years at McAfee, helping lead its acquisition by Intel, Tanium, and CrowdStrike, Carpenter is an expert in the field.

AgentSmyth: Leading Agent Firm Raises $2.5 Million

By Amit Chowdhry ● Apr 19, 2024

AgentSmyth, a company co-founded in New York in March 2024 by technologist Pulkit Jaiswal and Wall Street experts Daniel McCooey and Mike Block, announced it has launched AI agents that enhance financial analysis. AgentSmyth raised $2.5 million in seed funding from notable industry experts like Michael Rafferty, CEO of Rafferty Holdings and investor in fintech companies, and Craig Milias, former portfolio manager of Platte River Capital.

ClaimScore: Claim Validation Software Company Raises $3.15 Million

By Amit Chowdhry ● Apr 19, 2024

ClaimScore, a first and only provider of AI-based real-time claim validation software, announced the closing of a $3.15 million seed funding round led by ROC Venture Group.

Uniqus Consultech: ESG And Accounting & Reporting Consulting Company Secures $10 Million

By Amit Chowdhry ● Apr 19, 2024

Uniqus Consultech, a tech-enabled platform that offers ESG, accounting, and reporting consulting, announced that it had raised $10 million in Series B funding. Nexus Ventures led this funding round, which was participated in by Sorin Investments.

Tillman Networks: $80 Million In Revolving Credit Facilities Closed

By Amit Chowdhry ● Apr 19, 2024

Redaptive: Energy-As-A-Service Company Raises $225 Million

By Amit Chowdhry ● Apr 19, 2024

Redaptive, an Energy-as-a-Service (EaaS) leader, announced it secured $225 million in a warehouse financing facility from ATLAS SP Partners (ATLAS SP). This funding will expand Redaptive's data-enabled platform by adding new Equipment Financing solutions for its customers, primarily commercial and industrial businesses, to install energy-saving and energy-generating equipment with more flexible terms.

UniUni: $50 Million Closed To Help E-Commerce Companies With Last-Mile Logistics

By Amit Chowdhry ● Apr 19, 2024

UniUni, one of the fastest-growing tech companies in Canada, announced that it has raised $50 million in an oversubscribed Series C financing round led by global venture capital firm DCM. As an e-commerce last-mile logistics company, this is UniUni's most significant funding round so far and follows the company's closing of a $20 million Series B2 round of funding in December 2023, led by Celtic House Venture Partners.

Clazar: $10 Million Secured To Help Companies Sell And Grow Revenue Through Cloud Marketplaces

By Amit Chowdhry ● Apr 19, 2024

Clazar, a company powering software businesses to sell and grow revenue through cloud marketplaces (AWS, Azure, and GCP), announced it had raised a $10 million Series A funding round led by Ridge Ventures and Ensemble VC, with participation from Saurabh Gupta, Managing Partner at DST Global, and existing investors including The General Partnership and Twin Ventures. This funding round brings the total funding to $14 million. Launched in 2023, Clazar is backed by distinguished seed round investors, including Lenny Rachitsky, Vlad Loktev, Vinod Devan, Clara Liang, Kyle Parish, and Neha Narkhede.

dataplor: Global Location Intelligence Company Secures $10.6 Million

By Amit Chowdhry ● Apr 19, 2024

dataplor, a leading provider of global location intelligence, announced a $10.6 million Series A funding round led by Spark Capital. This round, which included participation from Quest Venture Partners, Acronym Venture Capital, Circadian Ventures, Two Lanterns Venture Partners, and APA Venture Partners, will drive dataplor’s ongoing expansion, building the most accurate, comprehensive, and dynamically updated database of global Point of Interest (POI) data.

SWTCH Energy: EV Charging Solutions Company Raises $27.2 Million

By Amit Chowdhry ● Apr 19, 2024

SWTCH Energy, a company developing electric vehicle (EV) charging solutions for multi-tenant buildings across North America, announced that it raised $27.2 million in Series B funding. Blue Earth Capital led the funding round on behalf of its investment vehicles, with participation from Alantra’s Energy Transition Fund, Klima.

VulnCheck: Exploit Intelligence Company Closes $7.95 Million

By Amit Chowdhry ● Apr 19, 2024

Exploit intelligence company VulnCheck announced the final closing of its seed funding round at a total of $7.95 million, with $4.75 million in new funding. The latest funding round includes participation from Sorenson Capital.

Greeneye Technology: Precision Spraying Company Secures $20 Million

By Amit Chowdhry ● Apr 19, 2024

Greeneye Technology, a pioneer of AI-enabled precision spraying technology that is proven to reduce herbicide use in farming by an average of 88%, announced the completion of a $20 million funding round led by Israeli investment company Deep Insight.

Vicarius: Helping Security/IT Teams Protect Critical Assets In An $18 Billion Market

By Amit Chowdhry ● Apr 19, 2024

Vicarius is a SaaS company that helps security and IT teams protect their most critical apps and assets against software exploitation through vRx, a consolidated end-to-end vulnerability remediation platform. Pulse 2.0 interviewed Vicarius co-founder and CEO Michael Assraf to learn more about the company.

Usual Labs: $7 Million Raised And $75 Million In TVL Committed

By Amit Chowdhry ● Apr 19, 2024

Usual Labs, a company focused on developing Usual, an innovative protocol bridging the gap between traditional and decentralized finance through the USD0 stablecoin, announced that it had raised $7 million and committed $75 million in Total Value Locked (TVL) to ensure to prepare for the pre-launch of the USD0 stablecoin on the Ethereum mainnet in the second quarter of this year.

Magnus Metal: Digital Casting Company Secures $74 Million

By Amit Chowdhry ● Apr 19, 2024

Magnus Metal, a high-volume digital casting for metal alloys, announced it has raised $74 million in Series B funding, co-led by Entrée Capital and Target Global with additional participation from Caterpillar Ventures, Tal Ventures, Deep Insight Ventures, Awz Ventures, Lumir Ventures, Discount Capital, Lip Ventures, Cresson Management, Next Gear Fund and Essentia Venture Capital. Magnus Metal will use the latest funding round to advance its innovative casting technologies while expanding its operations locally and globally to support its Fortune 100 customers.

Cape: Privacy-First Mobile Carrier Company Raises $61 Million

By Amit Chowdhry ● Apr 19, 2024

Privacy-first mobile carrier Cape announced it raised $61 million in funding led by A* and Andreessen Horowitz. And XYZ Ventures, ex/ante, Costanoa Ventures, Point72 Ventures, Forward Deployed VC, and Karman Ventures also joined the funding round. Cape will use this funding round to build a nationwide mobile network that offers premium wireless coverage, which masks personal identifying information like names, numbers, and locations (unlike traditional carriers).

Empower Energy: Helping Customers Save Money Through Residential Solar Systems

By Amit Chowdhry ● Apr 19, 2024

Empower Energy Solutions is a residential solar system company that has a goal of helping customers save a substantial amount of money. Pulse 2.0 interviewed Empower Energy Solutions president Asim Hafeez to learn more about the company.

RIVET: Workforce Management Platform Company Secures $6 Million

By Amit Chowdhry ● Apr 18, 2024

RIVET, a leading Workforce Management platform for electrical construction, announced it raised $6 million in funding led by Brick & Mortar Ventures. Other investors, including defy.vc, Augment Ventures, Detroit Venture Partners, Michigan Rise, and angel investors participated in this new round. This new funding round brings RIVET's total funding to over $14 million, supporting the expansion into multi-trade businesses and launching new features such as labor forecasting and automated labor requests.

Zeko Labs: $3 Million Raised To Build Decentralized Finance Solutions Powered By Zero-Knowledge

By Amit Chowdhry ● Apr 18, 2024

Zeko Labs, a blockchain company realizing the vision of a world powered by zero-knowledge technology, announced the completion of a $3 million pre-seed funding round from a consortium of early-stage investors. UOB Venture Management, Signum Capital, and YBB Capital led the funding round with Zeko Labs, backed by additional significant investments from Autonomy Capital, Cogitent Ventures, GBV, Tenzor Capital, 3Commas Capital, ArkGrow, AVID3, Cryptonauts, Nox Holdings, NxGen.xyz, SkyVision Capital (SVC), and Presto Labs.

Renterra: Equipment Rental Software Platform Company Secures $3 Million

By Amit Chowdhry ● Apr 18, 2024

Renterra, a modern software platform for the equipment rental industry, announced that it has raised $3 million, led by Bienville Capital.

RFX Solutions Raises $9 Million To Transform Healthcare Compliance

By Amit Chowdhry ● Apr 18, 2024

Healthcare compliance company RFX Solutions announced it had raised a $9 million Series A funding round led by Arthur Ventures. This funding round emphasizes the confidence in RFX Solutions' goal of streamlining and enhancing compliance processes in healthcare settings.

RAAAM Memory Technologies: $4 Million Raised To Develop Solutions For Implementing On-Chip Memory

By Amit Chowdhry ● Apr 18, 2024

Regeneron Ventures: $500 Million Fund Launch To Invest In Biotech Companies

By Amit Chowdhry ● Apr 18, 2024

Regeneron Ventures has formed a venture capital fund focused on promising biopharmaceutical, health care, and health technology companies. The fund’s general partner will be independently managed by former Regeneron executives Jay S. Markowitz, M.D., and Michael Aberman, M.D., who will lead the fund’s investment strategy together. And Regeneron Pharmaceuticals is the fund’s exclusive limited partner and has committed $100 million annually for five years.

Snappy: Gifting Platform Company Closes $25 Million

By Amit Chowdhry ● Apr 18, 2024

Evergreen Theragnostics: Clinical-Stage Radiopharmaceutical Company Raises $26 Million

By Amit Chowdhry ● Apr 18, 2024

Sayari: $235 Million Strategic Investment Raised From TPG

By Amit Chowdhry ● Apr 18, 2024

Sayari (a leading counterparty and supply chain risk intelligence platform utilized by government agencies, multinational corporations, and financial institutions) and TPG (a global alternative asset management firm) announced that TPG Growth (the firm’s middle market and growth equity platform) has closed a $235 million strategic majority investment in Sayari.

Allen Control Systems: Defense Technology Company Raises $12 Million

By Amit Chowdhry ● Apr 18, 2024

Defense technology company Allen Control Systems (ACS) announced it has raised $12 million in seed capital led by Craft Ventures with participation from Forum Ventures and Rally Ventures. Austin, Texas-based ACS is developing counter-drone robotic gun systems.

Loft Labs: Virtual Kubernetes Cluster Company Raises $24 Million

By Amit Chowdhry ● Apr 18, 2024

Loft Labs—the creators of vCluster and DevPod—announced $24 million in Series A funding led by Khosla Ventures. Existing investors Fusion Fund, Surface Ventures, Emergent Ventures, and Berkeley SkyDeck Fund participated. Kit Merker, one of the first product managers for Kubernetes at Google, made an additional angel investment. This new funding round brings Loft's total financing to $28.6 million.

SOSV: V Fund Closed At $306 Million

By Amit Chowdhry ● Apr 18, 2024

SOSV announced the closing of its $306 million SOSV V fund, the firm’s largest fund to date. The SOSV V fund will focus on deep tech startups in human and planetary health, with an emphasis on decarbonization and re-industrialization—part of the fund’s mandate to reinvent the means of production as SOSV also continues to drive investments in health ranging from therapeutics to medical devices.

CarNow: $40 Million Growth Investment Raised From Runway Growth Capital

By Amit Chowdhry ● Apr 18, 2024

Runway Growth Capital, a leading provider of growth loans to venture and non-venture-backed companies seeking an alternative to raising equity, announced a $40 million commitment to CarNow, which is a live-data automotive technology platform that helps dealers elevate the car buying process by transforming the way they connect with customers.