Archives

Define Ventures: $460 Million In Committed Capital Closed Across 2 New Funds

By Amit Chowdhry ● Apr 24, 2023

Define Ventures - a leading Silicon Valley venture capital firm that focuses exclusively on early-stage digital-health startups - announced the closing of Fund III and Opportunities Fund that together a total $460 million to fuel innovation in healthcare. And investing in incubation, seed, series A, and series B stage startups, Define Ventures' newest fundraise pushes its total assets under management to approximately $800 million and makes it one of the largest early-stage venture firms focused on investing in digital health.

Evergrow: Over $150 Million In Clean Energy Projects And $7 Million Funding

By Noah Long ● Apr 24, 2023

Evergrow – an all-in-one platform for clean energy tax credits - announced the raise of a $7 million second round of financing. This funding round was led by existing investors, including First Round Capital, XYZ Venture Capital, Congruent Ventures, and Garuda Ventures. This funding round brought Evergrow's total funding round to $14 million following a $7 million seed round that closed in late 2021.

Miovision: Intelligent Transportation Solutions Company Raises $260 Million

By Amit Chowdhry ● Apr 24, 2023

Miovision - a leading provider of intelligent transportation solutions that enable cities to reduce traffic congestion and vehicle emissions while improving public safety - announced it has raised $260 million in growth funding in a round co-led by TELUS Ventures, Maverix Private Equity and Export Development Canada (EDC).

Bed Bath & Beyond Files For Bankruptcy: What This Means For Customers

By Amit Chowdhry ● Apr 24, 2023

Bed Bath & Beyond announced this past week that it filed for Chapter 11 bankruptcy protection after the company failed several attempts to raise enough funding to stay afloat.

Odeko: Coffee Operations Platform Company Raises $53 Million

By Amit Chowdhry ● Apr 24, 2023

Odeko – an all-in-one operations partner for independent coffee shops, cafés, and other shops- announced that it has raised $53 million in Series D financing

Ditto: Distributed Data Platform Company Secures $45 Million

By Amit Chowdhry ● Apr 24, 2023

Ditto - a creator of a distributed data platform that enables apps to synchronize data in real-time even without internet connectivity - announced that it has closed $45 million in a Series A funding round led by Acrew Capital.

Memora Health: Intelligent Care Enablement Platform Company Raises $30 Million

By Dan Anderson ● Apr 24, 2023

Memora Health - a leading intelligent care enablement platform - announced a strategic investment of $30 million led by General Catalyst with participation from Northwell Holdings (the venture investment arm of Northwell Health), NorthShore – Edward-Elmhurst Health, PagsGroup, and other strategic investors.

Novalith Technologies: Lithium Extraction Company Closes AU$23 Million

By Dan Anderson ● Apr 24, 2023

Novalith Technologies - the creator of a novel lithium extraction process that will unlock vast resources and deliver them without the environmental toll of traditional approaches – announced it has raised AU$23 million in Series A funding.

EdgeQ: 5G Wireless Infrastructure Company Secures $75 Million

By Dan Anderson ● Apr 24, 2023

EdgeQ - a leader in 5G wireless infrastructure - announced a $75 million funding round as well as the appointment of Lattice Semiconductor CEO and President Jim Anderson to the company’s Board of Directors.

Mansa: Streaming Platform For Black Cultural Content Raises $8 Million

By Amit Chowdhry ● Apr 24, 2023

Mansa - the streaming platform for curated global Black cultural content - announced it raised $8 million.

lockr: Digital Identity Company Raises $2.5 Million

By Dan Anderson ● Apr 24, 2023

lockr – the first consumer-focused platform for digital identity, consent, and data – announced it has raised $2.5 million in pre-seed funding.

Fractal: On-Chain Finance Company Secures $6 Million

By Annie Baker ● Apr 24, 2023

Fractal - an infrastructure provider enabling institutions to clear, settle, and margin digital asset trades on-chain - announced it has secured $6 million in financing led by Hack VC.

Lexion: Contract Management And Operations Workflow Company Raises $20 Million

By Amit Chowdhry ● Apr 24, 2023

Lexion – an AI-powered contract management and operations workflow platform - announced a $20 million Series B funding round led by Point72 Ventures.

Gather Health: Primary Care Solution For Older Adults Raises $15 Million

By Noah Long ● Apr 24, 2023

Gather Health - a high-impact, socially-focused primary care solution for older adults – announced it has opened its first primary care practice in Quincy, MA after raising over $15 million in Series A funding from investors including Khosla Ventures, Maverick Ventures, Commonwealth Care Alliance, etc.

Kindred: Members-Only Home Swapping Company Raises $15 Million

By Annie Baker ● Apr 24, 2023

Kindred – a members-only home swapping network - announced the successful completion of its Series A funding round at $15 million.

Gilde Healthcare: €600 Million Investment Fund Announced

By Amit Chowdhry ● Apr 24, 2023

Gilde Healthcare recently announced a new investment fund with €600 million in commitments: Gilde Healthcare Venture&Growth VI. This new fund focuses on fast-growing companies developing solutions for better care at a lower cost.

Dasera: Data Security Platform Company Raises $12 Million

By Dan Anderson ● Apr 24, 2023

Dasera – a premier data security platform specializing in automated data security and governance solutions for top-tier finance, healthcare, and technology enterprises - announced that it has successfully raised $12 million in Series A funding led by Storm Ventures.

Safe Security: Cyber Risk Management Company Raises $50 Million

By Noah Long ● Apr 24, 2023

Safe Security – a leader in AI-based cyber risk management SaaS platforms - announced the closing of a $50 million Series B round led by Sorenson Capital with participation from Eight Roads (the venture capital arm of Fidelity Investments), Telstra Ventures, WTI, and all existing investors. This funding round brings the company's total funding to over $100 million.

Braemont Capital: $525 Million In Committed Capital Closed

By Amit Chowdhry ● Apr 24, 2023

Braemont Capital - a relationship-driven investment firm that partners with founders, families, and ownership-minded management teams to invest in exceptional companies at growth inflection points - announced that it closed Braemont Partners I with about $525 million in total capital commitments.

CropX: Digital Agronomic Farm Management Company Secures $30 Million

By Amit Chowdhry ● Apr 24, 2023

CropX Technologies - a leader in digital agronomic farm management - announced the completion of a Series C financing round with $30 million in funding. This funding round was led by Aliaxis SA, a world leader enabling access to water and energy through inventive fluid management solutions. Additional investors in the round include Edaphon, Finistere Ventures, NTT Finance Corporation, OurCrowd, Reinke Irrigation, Yair Shamir, and Victrix.

Optable: $20 Million Raised For Addressing Audience Data Changes In The Ad Industry

By Annie Baker ● Apr 24, 2023

Optable - a Software-as-a-Service (SaaS) data collaboration platform and clean room solution designed for the ad ecosystem - announced that it has raised $20 million in Series A financing from a syndicate of investors which includes Hearst Ventures, Brightspark Ventures, Desjardins Capital, Deloitte Ventures, asterX, and others.

Cortica: $75 Million Raised And Springtide Child Development Acquisition

By Annie Baker ● Apr 23, 2023

Cortica – a leading physician-led autism services company that treats the whole child and helps children with developmental differences thrive – announced it has closed a $75 million funding round and they have acquired Springtide Child Development.

SafeGuard: Safety Tech Company Secures $8 Million

By Amit Chowdhry ● Apr 23, 2023

SafeGuard - an international Safety-Tech company that is focused on the construction industry that uses machine learning to predict and prevent accidents in construction sites - announced an $8 million Series A funding round led by investors Ron Zuckerman and Hillel Kobrinsky. And an additional cadre of real estate investors, including Ronen Peled, Yehuda Rachamim, Zemach Hammerman, and renowned investor Jeffrey Schoenfeld are also participating in the round.

Clerkie: Financial Automation Company Closes $33 Million In Series A

By Annie Baker ● Apr 23, 2023

Clerkie - a leading AI-powered financial automation platform - announced it raised $33 million in Series A funding led by Left Lane Capital with participation from other notable investors including Wellington Management Company, Flourish Ventures, Citi Ventures, CMFG Ventures and Vestigo Ventures. And fintech visionaries David Velez (founder of Nubank) and Tom Proulx (founder of Intuit) also joined the round.

Standby Deposits: $5.3 Million Raised To Develop Credit-Based Payment System For Rentals

By Dan Anderson ● Apr 23, 2023

Standby Deposits - a New York-based start-up - announced it is set to transform the rental market with an innovative and cost-effective alternative to traditional security deposits. The company successfully raised $5.3 million in seed funding, backed by leading investors Brunnur Ventures and Stodir hf - who endorsed Standby Deposits' mission to empower tenants with a more flexible, affordable, and accessible solution.

EcoSoul Home: Eco-Friendly Products Company Raises $10 Million

By Noah Long ● Apr 23, 2023

EcoSoul Home - a category-leading start-up in the eco-friendly home essentials products space - announced it has raised $10 million to wrap up its Series A round.

Maltego: Leading Intelligence Platform Raises Over $100 Million From Charlesbank

By Amit Chowdhry ● Apr 23, 2023

Maltego is a leading intelligence platform company that announced its acquisition by Charlesbank Technology Opportunities Funds. And Charlesbank is investing more than $100 million in Maltego to further accelerate growth and development.

Orbit Fab: Spacecraft Refueling Company Raises $28.5 Million

By Annie Baker ● Apr 22, 2023

Orbit Fab - a leading provider of on-orbit refueling services - announced it has completed a successful Series A round of $28.5 million in funding

Coro: Modern Cybersecurity Company Raises $75 Million

By Annie Baker ● Apr 22, 2023

Coro - a modern cybersecurity platform for mid-market organizations - announced a $75 million funding round, bringing the total funding raised in the last year to $155 million. And Coro added Energy Impact Partners to its current investors Balderton Capital and JVP.

Quantum Source: $12 Million Secured To Bring Photonic Quantum Computers To Market

By Dan Anderson ● Apr 22, 2023

Quantum Source - an Israel-based company that is developing the technology needed to bring photonic quantum computers to market - announced it has raised a $12 million seed extension investment round led by Dell Technologies Capital.