Archives

Pecan Street And Local Partnering To Expand Its Energy Equity Research Network

By Amit Chowdhry ● Jun 19, 2023

A three-year $2.5 million grant from the Alfred P. Sloan Foundation to Pecan Street and university and local community partners are going to expand Pecan Street’s household energy research network to four new regions focused on equitable energy: Oklahoma City, central Pennsylvania, Atlanta, and Portland, Oregon. And over 200 homes in traditionally underserved communities will be equipped with Pecan Street’s energy research equipment, addressing a critical data gap for low-income communities and households of color.

Red 6: Air Combat Training AR Company Pulls In $70 Million In Funding

By Amit Chowdhry ● Jun 19, 2023

Red 6 - a revolutionary Augmented Reality (AR) technology firm at the forefront of synthetic air combat training and augmented reality applications for the entertainment industry - announced recently the completion of a $70 million Series B financing.

Debut: Vertically Integrated Synthetic Biology Company Closes $34 Million

By Annie Baker ● Jun 19, 2023

Debut - a vertically integrated synthetic biology company that is spearheading the creation of innovative and novel high-performing active ingredients in beauty - announced recently that it has raised $34 million Series B in a funding round led by BOLD.

Alcion: Modern Data Management Company Receives $8 Million In Funding

By Annie Baker ● Jun 19, 2023

Alcion - a modern data management startup - announced $8 million in seed funding from prominent angel investors, and the public preview of its AI-driven Backup-as-a-Service (BaaS) platform. Built with a product-led and community-driven focus, Alcion offers Microsoft 365 admins an easy-to-use, intelligent, and secure SaaS platform to protect against ransomware, malware, corruption, and accidental data loss.

Astra And Alloy Are Partnering To Streamline Payment Integrations

By Amit Chowdhry ● Jun 19, 2023

Astra (a leading provider of infrastructure for faster payments) announced a partnership with Alloy (an identity risk management company) to streamline the onboarding process for existing Alloy customers to leverage Astra’s advanced transfer technology in their applications.

STAT Health: $5.1 Million Secured To Develop In-Ear Wearable For Measuring Blood Flow To The Head

By Amit Chowdhry ● Jun 19, 2023

STAT Health has emerged from stealth to introduce a 24/7 in-ear wearable that measures blood flow to the head. The company has been backed by $5.1 million in seed funding from J2 Ventures, BonAngels Venture Partners, and a diverse group of prominent angel investors. And the company has also received grant funding from the U.S. Air Force.

Primer: AI-Powered Data Analysis Company Raises $69 Million

By Amit Chowdhry ● Jun 19, 2023

Primer Technologies - an AI/ML technology firm specializing in AI-powered data analysis - announced a Series D round with a first close of $69 million to accelerate the delivery of trusted AI solutions for the U.S. Government and Commercial customers.

RxLightning Lands $17.5 Million For Streamlining Specialty Medication Access And Affordability

By Annie Baker ● Jun 19, 2023

RxLightning - a creator of the industry’s first comprehensive platform for streamlining specialty medication access and affordability - announced that it closed a $17.5 million Series A investment to support the company’s growth and further remove barriers to life-saving therapies.

Selva Ventures: Second Fund Closed At $34 Million

By Dan Anderson ● Jun 19, 2023

Selva Ventures - a VC firm focused on partnering with consumer brands that promote healthier living - announced recently the successful closing of its second fund of $34 million.

Integrum: $1.1 Billion Target Exceeded For Inaugural Fund

By Noah Long ● Jun 19, 2023

Integrum - an investment firm focused on partnering with technology-enabled service companies - announced it has completed fundraising for its inaugural fund, Integrum Capital Partners LP at $1.1 billion, exceeding the fund's original target.

Telmai: AI-Driven Data Observability Company Closes $5.5 Million

By Noah Long ● Jun 19, 2023

Telmai - a data observability platform company built for hybrid data environments - announced recently it has raised $5.5 million in oversubscribed seed funding.

FERNRIDE: $31 Million Secured To Become A Leader In Autonomous Electric Trucking

By Amit Chowdhry ● Jun 19, 2023

FERNRIDE - a leading German autonomous electric trucking company announced it has secured $31 million in Series A funding to accelerate the transition towards automated and sustainable logistics by creating leading human-machine collaboration technology.

Credit Genie: Digital Personal Finance Platform Raises $4 Million

By Annie Baker ● Jun 19, 2023

Creditly Corp. (dba Credit Genie) - a digital personal finance platform that has helped more than one million Americans - announced recently that it has raised $4 million in Series A financing. This funding round was led by Tippet Ventures and Khosla Ventures with participation from Gabriel Investments.

Boom: Leading Rent Reporting Platform Closes $4.5 Million In Funding

By Dan Anderson ● Jun 17, 2023

Boom - a leading rent reporting platform - announced a $4.5 million seed funding round, which was led by Starting Line with notable investments from Clocktower Ventures, Company Ventures, Gilgamesh Ventures, and Plaid Co-Founders William Hockey and Zach Perret. With this funding round, Boom is set to revolutionize the renting experience for millions of Americans across the country.

Squint Secures $6 Million To Utilize AR for Optimizing Factory Procedures

By Noah Long ● Jun 17, 2023

Squint - a technology platform that uses augmented reality (AR) to optimize factory procedures and empower operators - announced $6 million in combined seed and pre-seed funding from Arc, Sequoia Capital’s pre-seed and seed-stage catalyst, and Menlo Ventures’ venture studio Menlo Labs, along with several angel investors.

Platformatic: Backend Development Platform Company Secures $3.5 Million

By Annie Baker ● Jun 17, 2023

Platformatic - the fast backend development platform for developers and enterprises to build modern API-driven applications - announced it has raised $3.5 million and launched a suite of new enterprise-grade solutions. The company will use the funding for extending the platform, growing the team, and continuing to establish Fastify as the go-to open-source web framework for Node.js development.

CleanJoule: Sustainable Aviation Fuel Production Company Secures $50 Million

By Noah Long ● Jun 15, 2023

CleanJoule - a U.S.-based startup focused on the production of Sustainable Aviation Fuel (SAF) - announced a $50 million investment round led by the principals of Indigo Partners.

Measurabl: ESG Real Estate Technology Platform Closes $93 Million In Funding

By Annie Baker ● Jun 15, 2023

Measurabl - which is the world’s most widely adopted ESG (environmental, social, governance) technology platform for real estate - announced recently that it closed a $93 million Series D round of venture capital.

Carmot Therapeutics: Disease-Modifying Therapy Company Raises $150 Million In Series E

By Dan Anderson ● Jun 15, 2023

Carmot Therapeutics - a clinical-stage biotechnology company developing disease-modifying therapies for metabolic diseases - recently announced a $150 million oversubscribed and up-sized Series E financing.

Strive Health: Value-Based Kidney Care Company Brings In $166 Million In Series C

By Amit Chowdhry ● Jun 15, 2023

Strive Health - a national leader in value-based kidney care - announced recently it has raised $166 million in Series C funding.

CoreWeave: GPU-Accelerated Workload Cloud Provider Nabs $200 Million In Funding

By Amit Chowdhry ● Jun 15, 2023

CoreWeave - a specialized cloud provider built for large-scale GPU-accelerated workloads - announced recently an additional $200 million in funding from Magnetar Capital, a leading alternative asset manager.

Magic: Wallet-As-A-Service Provider Lands $52 Million In Strategic Funding

By Noah Long ● Jun 15, 2023

Magic - a leading wallet-as-a-service (WaaS) provider - announced recently it has raised $52 million in a strategic funding round led by PayPal Ventures, with participation from Cherubic, Synchrony, KX, Northzone, and Volt Capital. This new funding round brings the total raised to more than $80 million.

Sana: AI-Powered Learning And Knowledge Platform Banks $28 Million In Funding

By Annie Baker ● Jun 15, 2023

Sana - a leading AI-powered learning and knowledge platform - announced recently that it has raised another $28 million in an opportunistic investment round led by NEA. And Workday Ventures also joined the round. With a combined total of $62 million in Series B funding, the Swedish-born scaleup is now one of the most highly funded AI companies.

Predibase: Low-Code Declarative ML Platform Receives $28 Million In Funding

By Dan Anderson ● Jun 15, 2023

Predibase - the first commercially available low-code declarative ML platform for developers - announced recently the general availability of its platform, adding new features for large language models and introducing free trial editions. And the company also announced a $12.2 million expansion of its Series A funding round led by Felicis.

GetYourGuide: Travel Experience Marketplace Company Bags $194 Million In Funding

By Annie Baker ● Jun 15, 2023

GetYourGuide - a leading global platform for discovering and booking travel experiences - announced recently that it closed $194 million in equity and credit financing. The funding round represents a valuation increase for the company and solidifies its leadership position in the industry.

Capillary Technologies: Loyalty Management Platform Company Pulls In $45 Million

By Noah Long ● Jun 15, 2023

Capillary Technologies - a global leader in loyalty management and customer engagement technology solutions - announced recently the successful closure of its Series D funding round. And the company has raised $45 million from a consortium of global investors: Avataar Ventures along with its LPs (Pantheon, 57Stars, and Unigestion), Filter Capital, and Innoven Capital.

Range Biotechnologies: Proteomics-Focused Biotech Company Completes $5.2 Million Seed Funding Round

By Amit Chowdhry ● Jun 15, 2023

Range Biotechnologies - a proteomics-focused biotech company that has developed an innovative translational platform to enable better diagnostics and faster drug development - announced recently that it has received $5.2 million in seed funding led by TechBio-focused ARTIS Ventures with additional participation from Pear VC, Page One Ventures, Civilization Ventures, Pillar, Four Cities Capital, Hawktail, and several others.

Breakaway Music Festival Accelerating Expansion With New Funding Round

By Amit Chowdhry ● Jun 15, 2023

Breakaway Music Festival - which is one of North America’s fastest-growing and independent multi-city music festival brands - announced recently plans to accelerate expansion across new regions and brand verticals following the close of a recent funding round.

Fortify: Full-Stack Materials Science And Additive Manufacturing Company Completes $12.5 Million Funding

By Annie Baker ● Jun 15, 2023

Fortify - a leading full-stack materials science and additive manufacturing company - announced that it has raised $12.5 million in a funding round from investors, including Lockheed Martin Ventures and RTX Ventures, the venture capital arms of Lockheed and Raytheon Technologies, respectively.

Realta Fusion: University of Wisconsin-Madison Spinoff Raises $12 Million To Develop Compact Magnetic Mirror

By Amit Chowdhry ● Jun 15, 2023

Realta Fusion - a new startup focused on fusion energy - recently announced $12 million in financing to develop compact magnetic mirror fusion technology.