Archives

Instylla: $30 Million Raised To Develop Liquid Embolics For Peripheral Vascular Embolotherapy

By Dan Anderson ● Aug 30, 2023

Instylla - a privately held company developing next-generation liquid embolics for peripheral vascular embolotherapy - recently announced the closing of a $30 million financing round. This funding round was led by new investor Delos Capital, with continued participation from the investor syndicate of Excelestar Ventures, Ascension Ventures, Catalyst Health Ventures, Amed Ventures, Sparta Group, and Incept, LLC.

UK FinTech Growth Partners: New Fund Launched To Scale Startups

By Amit Chowdhry ● Aug 30, 2023

UK FinTech Growth Partners LLP recently announced that it will launch the FinTech Growth Fund, the first investment fund of its kind focussed on supporting growth-stage FinTechs as they scale. With backing for the initiative already secured from industry leaders Barclays, NatWest, Mastercard, London Stock Exchange Group, and Peel Hunt, the FinTech Growth Fund will invest in UK FinTechs, predominantly between the Series B and pre-IPO rounds, to enable them to scale into world-class global organizations.

Toothio: On-Demand Dental Staffing Platform Secures $4 Million

By Amit Chowdhry ● Aug 30, 2023

Toothio - an on-demand dental staffing platform connecting qualified professionals with practices - recently announced a $4 million seed round led by Craft Ventures with participation from Burst Capital, Moving Capital, Revere Partners, and Rho Capital Partners. And this funding follows an initial backing from AZ Crown, founders of Insight Enterprises (Nasdaq: NSIT). This funding round will accelerate Toothio's growth by enhancing its technology, expanding into key US markets, increasing its network of dental professionals, and adding to its sales team.

Zeus Living: VP Of Finance Abhinav Swarup Discusses Evolution Of Property Management

By Amit Chowdhry ● Aug 30, 2023

Zeus Living is a company that designs and manages modern homes that can be rented for 30 days or longer across over 125 destinations in the U.S. Through a leading technology platform and the expertise of dedicated hospitality professionals around the country, the company strives to help people live well, and on their terms. Zeus Living drives revenue for owners while taking care of their properties and delivering support to residents, ensuring memorable experiences wherever they choose to stay. Pulse 2.0 interviewed Zeus Living Vice President of Finance Abhinav Swarup, to learn more.

Gocious Roadmaps Now Supports Jira Integration

By Amit Chowdhry ● Aug 29, 2023

Gocious is a company that understands that building product roadmaps could be challenging for product management teams. And Gocious Product Roadmap Management (PRM) software has been designed to help product managers communicate and align all stakeholders around a clear and accessible product portfolio roadmap. Gocious recently announced it created a solution that enables engineers and product managers to use their separate tools while integrating the important points of Atlassian Jira.

Pi-xcels: Digital Receipt Solutions Company Raises $1.7 Million

By Annie Baker ● Aug 29, 2023

Pi-xcels - a leader in digital receipt solutions - announced recently that it had completed its seed funding round, raising US$1.7 million. The funding round was led by Wavemaker Partners, with participation from other prominent venture capital firms such as Hustle Fund, Amand Ventures, Black Kite Capital, and strategic angel investors.

Divirod: Real-Time Flood Management And Water Risk Analytics Company Secures $3.6 Million

By Noah Long ● Aug 29, 2023

Divirod - a cutting-edge real-time flood management and water risk analytics company - recently announced the successful closure of a $3.6 million bridge round. This significant investment was spearheaded by industry leaders GHD, Thin Line Capital, and TDK Ventures. And the funding round will serve to bolster the company's team, consolidate product definition, strengthen sales and marketing efforts, and use AI-driven analytics for water risk prediction.

PHX Ventures: $25.4 Million Raised For Over-Subscribed Second Fund

By Amit Chowdhry ● Aug 29, 2023

PHX Ventures - a seed-stage venture capital firm focused on investing in B2B software companies in Arizona - recently announced it has over-subscribed its second fund with $25.4 million in commitments to date. PHX Ventures was launched by software entrepreneur Gregg Scoresby to fill a gap in the local software community: institutional-quality, seed-stage venture capital for high-growth Arizona companies. This fund will lead or co-lead seed rounds of $1 million to $5 million.

LightForce: Personalized 3D Printed Braces System Company Secures $80 Million

By Amit Chowdhry ● Aug 29, 2023

LightForce - the makers of the world’s first fully personalized 3D printed braces system - recently announced it raised an $80 million Series D round led by Ally Bridge Group. Transformation Capital and CareCapital. And Omega Venture Partners, Matter Venture Partners, and the American Association of Orthodontics joined the round, as did existing LightForce investors, including Kleiner Perkins, Tyche Partners, and Matrix Partners.

Chemify: $43 Million Secured To Provide Pharmaceutical And Biotech Partners With Better Molecules

By Noah Long ● Aug 29, 2023

Chemify - a pioneering company operating its proprietary molecular design, discovery, and chemical manufacturing technology to provide pharmaceutical, biotechnology, and industrial partners with better molecules - recently announced funding of $43 million including a Series A led by Triatomic Capital, joined by new investors including Hong-Kong based Horizon Ventures, US-based Rocketship Ventures, Possible Ventures, Alix Ventures, Scotland-based Eos, and the UK Government Innovation Accelerators program. Existing investor BlueYard Capital also participated in the round.

FeelBetter: $5.9 Million Raised To Optimize And Personalize Medication Management For Polypharmacy Patients

By Annie Baker ● Aug 29, 2023

FeelBetter - the leading provider of medication management technology and pioneer of Pharmaco-Clinical Intelligence - recently announced that it has raised $5.9 million in funding. Firstime Ventures and Shoni Health Ventures led the funding round with participation from Random Forest VC, The Group Ventures, and existing FeelBetter investor Triventures, which brings the company's total funding to $8 million.

Dropzone AI: Autonomous Alert Investigation Platform Company Lands $3.5 Million In Funding

By Amit Chowdhry ● Aug 29, 2023

Dropzone AI - an autonomous alert investigation platform for security operations teams - recently announced that it has closed on $3.5 million in seed funding led by Decibel Partners and joined by Pioneer Square Ventures Fund. Some notable angel investors who also joined the round include Oliver Friedrichs, CEO of Pangea Security and founder and former CEO of Phantom Cyber; Jon Oberheide, co-founder and former CTO of Duo Security; and Jesse Rothstein, co-founder and CTO of ExtraHop, also participated in the round.

Acelab: $5.3 Million Raised To Build Product Selection Platform For Construction Sector

By Dan Anderson ● Aug 28, 2023

Acelab - the single source destination for product selection in the building industry - recently announced that the company has raised $5.3 million in funding. Pillar VC, PJC, and Draper Associates co-led the round, with additional investors including Alpaca, Steve Kaufer (Founder and former CEO of TripAdvisor), Erik Jarnryd (Former CEO of Harvey Building Products), Transcend Partners, Branagh Construction, Ken Lang, Klingenstein Fields, and Westview PE Fund.

Nodal Power: Renewable Energy Asset Company Secures $13 Million

By Noah Long ● Aug 28, 2023

Nodal Power - a company that develops and operates landfill gas to energy power plants - recently announced that it has raised a $13 million seed round to mitigate methane emissions at landfills aggressively.

Datasaur: Leading Natural Language Processing Company Raises $4 Million

By Annie Baker ● Aug 28, 2023

Datasaur - a leading natural language processing (NLP) platform that helps annotators train AI algorithms - recently announced the closing of a $4 million seed funding round and launched a new feature called Datasaur Dinamic, allowing users to train custom NLP models efficiently. The funding round was led by Initialized Capital with participation from HNVR, Gold House Ventures, and TenOneTen. This funding round brough Datasaur's total funding to date to $7.9 million. And the latest investment will be used to democratize access to the latest advancements in NLP and LLM technology.

SugarCRM: Enabling Sales Teams To Get A Better Picture Of Customer Pathways In A $98 Billion Market

By Amit Chowdhry ● Aug 28, 2023

SugarCRM is a company that makes the hard things easier for marketing, sales, and service teams to get a clear picture of each customer’s journey without getting all the headaches and hassles that come with using traditional customer relationship management (CRM) tools. Pulse 2.0 interviewed SugarCRM’s co-founder and chief strategy officer Clint Oram to learn more.

Ocient: How This Company Helps Organizations Interact With Hyperscale Data Sets Quickly

By Amit Chowdhry ● Aug 28, 2023

Ocient is a company that enables organizations to explore and interact with hyperscale data sets quickly, cost-effectively, and in previously infeasible ways to deliver meaningful insights and drive customer innovation. Pulse 2.0 interviewed Dylan Murphy, VP of product at Ocient, to learn more.

Koverly: $7.6 Milllion Seed Funding Raised And Pay In 30 Feature Launched

By Amit Chowdhry ● Aug 27, 2023

Koverly has raised $7.6 million in seed funding from Accomplice VC, Vinyl Capital, and One Way Ventures. And the company recently introduced the only buy now, pay later (BNPL) solution to give a 30-day extension on FX payments at no cost to the buyer or seller.

Haus: Growth Command Center Company Secures $17 Million

By Dan Anderson ● Aug 27, 2023

Haus - a growth command center combining causal inference with experimentation and AI - recently announced $17 million in Series A funding. Insight Partners led the funding round with participation from existing investors, Baseline Ventures, Haystack Ventures, Upside Partnership, Octave Ventures, and Mantis Venture Capital.

Questa Capital: $397 Million Fund III Closed To Invest In Healthcare Companies

By Amit Chowdhry ● Aug 27, 2023

Questa Capital Management - a venture growth equity firm exclusively dedicated to the healthcare industry - recently announced the final close of Questa Capital Partners III, LP, with $397 million of capital commitments, bringing the firm's aggregate committed capital to over $1 billion.

ZeroEyes: AI-Based Gun Detection Video Analytics Company Closes $23 Million In Funding

By Noah Long ● Aug 27, 2023

ZeroEyes - the creators of the only AI-based gun detection video analytics platform that holds the US Department of Homeland Security SAFETY Act Designation - recently announced it has secured $23 million in capital on the heels of dramatic growth surpassing 300% over the last year. Octave Ventures, Alliance Holdings, and other existing investors led this oversubscribed round.

Ikigai Labs: $25 Million Raised To Advance Generative AI For Tabular Data

By Amit Chowdhry ● Aug 27, 2023

Ikigai Labs - a company that unlocks the power of generative AI for tabular data - recently announced $25 million of new capital by Premji Invest with participation from Foundation Capital and e& capital.

Luxury Presence: Proptech Company Secures $19.2 Million

By Annie Baker ● Aug 27, 2023

Luxury Presence has raised $19.2 million in Series B-1 funding from Bessemer Venture Partners with participation from Switch Ventures and other existing investors.

APERIO: Operational Data Quality Company Closes $9 Million In Funding

By Amit Chowdhry ● Aug 27, 2023

APERIO - a category leader in operational data quality - recently announced it has closed $9 million in Series A1 funding. This funding round was led by Momenta, the Industrial Impact venture capital + growth firm, and joined by investors including Chevron Technology Ventures, NextEra Energy, National Grid Partners, Delek US, and Bazan Group.

Silk Security: Sustainable Cyber Risk Resolution Company Secures $12.5 Million

By Dan Anderson ● Aug 27, 2023

Silk Security - the first platform for sustainable cyber risk resolution - recently announced the company's public launch and $12.5 million in seed funding. The funding round was led by global software investor Insight Partners and Hetz Ventures, with participation of the CrowdStrike Falcon Fund and seasoned cybersecurity angel investors, including Shlomo Kramer, Mickey Boodaei, and Rakesh Loonkar.

Botanical Solution: Over $13 Million In Series A Funding Round Raised

By Annie Baker ● Aug 27, 2023

Botanical Solution (BSI) - a multiple award-winning innovator of sustainable, highly consistent, and cost-effective Advanced Botanical Materials, announced recently that it has secured an additional $7 million investment. Following the announcement of a partnership with Croda to accelerate the production of green, high quality, and pharma spec QS-21 at kilogram scale under GMP standards, the company went further in demonstrating through internal programs and collaboration with big pharma companies that its product is biochemically comparable and as immunogenic as the traditional QS-21 - obtained from ancient soapbark trees that grow predominantly in Chile.

Tenstorrent: $100 Million Strategic Funding Raised In Round Led By Hyundai And Samsung

By Annie Baker ● Aug 27, 2023

Tenstorrent recently announced that it closed a $100 million strategic funding round led by Hyundai Motor Group and Samsung Catalyst Fund, with participation from Fidelity Ventures, Eclipse Ventures, Epiq Capital, Maverick Capital, and more.

Panobi: Product And Marketing Team Platform Company Secures $5 Million

By Annie Baker ● Aug 25, 2023

Panobi - the platform for growth - recently announced it is available for closed beta access. Built for a Head of Growth by a Head of Growth, Panobi offers experimentation, metrics, and reports in one place. And with its beta, Panobi has secured $5 million in Seed funding led by Index Ventures' Nina Achadjian and Paris Heymann. Other investors include Stewart Butterfield, Cal Henderson, April Underwood, Jana Messerschmidt, Lenny Rachitsky, and Fareed Mosavat. This funding round will be used for product development and to fuel growth in preparation for its commercial launch later this year.

Petal: $200 Million Debt Facility From Victory Park Capital Secured

By Dan Anderson ● Aug 25, 2023

Credit card and fintech company Petal recently announced that it has closed a committed $200 million debt facility from Victory Park Capital (VPC), a global alternative investment firm specializing in private credit. The company has also agreed to a multi-year extension of its existing term loan facilities and closed a new term loan facility for up to $20 million of incremental commitments with Trinity Capital, a leading provider of diversified financial solutions for growth-stage companies. Petal has raised more than $20 million in new equity financing from its existing investors, building on the $35 million in funding Petal announced in May.

Newlight Technologies: $125 Million Raised To Convert Greenhouse Gas Into AirCarbon-Based Materials

By Noah Long ● Aug 25, 2023

Newlight Technologies - a leader in decarbonization technology using natural microorganisms to convert greenhouse gas into high-performance AirCarbon-based materials - recently announced the completion of an equity investment round led by GenZero totaling US$125 million. This funding round includes participation by GenZero, a Temasek-owned decarbonization-focused investment platform company; Oxy Low Carbon Ventures (OLCV), a subsidiary of Occidental (Oxy) focused on advancing low-carbon technologies and business solutions; Charter Next Generation (CNG), a leading producer of specialty films, and a global luxury goods manufacturer; as well as other new and existing shareholders.