Archives

E-Bike Subscription Platform Company Whizz Raises $3.4 Million

By Dan Anderson ● Apr 19, 2023

Whizz - an e-bike subscription platform for last-mile delivery drivers - announced that it has raised $3.4 million from Joint Journey, TMT Investments, and a group of angel investors in a seed round of funding. This investment brings the company’s total fundraising to date to $4.5 million.

Kepler Raises $92 Million To Build The Internet For Space

By Noah Long ● Apr 19, 2023

Kepler Communications - a company that is building the Internet for space - announced it has raised $92 million in Series C funding led by IA Ventures.

Why SEGA Is Buying Rovio Entertainment For €706 Million

By Amit Chowdhry ● Apr 19, 2023

Biopharmaceutical Company Aer Therapeutics Raises $36 Million In Series A Funding

By Noah Long ● Apr 19, 2023

Aer Therapeutics - a biopharmaceutical company developing novel inhaled treatments for muco-obstructive lung diseases - announced the closing of a $36 million Series A financing.

Midwest Growth Partners Closes Fund III At $170 Million

By Amit Chowdhry ● Apr 19, 2023

Midwest Growth Partners (MGP) – an Iowa-based private equity firm - announced the completion of fundraising for their third investment fund. Starting in the second quarter of 2022, the firm exceeded its initial fundraising goal and raised $170 million in its largest fundraising effort to date.

Health Diagnostics Company Mediwhale Raises $9 Million

By Noah Long ● Apr 19, 2023

Mediwhale – an AI-empowered health diagnostics company that uses retina scans to diagnose future cardiac and kidney disorder risk quickly and easily – announced it has closed a Series A funding round of $9 million with investors from the United States and South Korea.

Indiana University Announces New IU Innovates Entrepreneurship Program

By Amit Chowdhry ● Apr 19, 2023

Indiana University announced a new initiative, which would create an integrated and university-wide infrastructure to support students and faculty in the creation and growth of startup ventures - which is called IU Innovates.

Disease Progression Diagnostics Company Epic Sciences Raises $24 Million

By Dan Anderson ● Apr 19, 2023

Epic Sciences – a privately held diagnostics company – announced it has completed a $24 million Series G which together with its $43 million Series F financing, totals $67 million raised in the last 12 months.

ChargeLab Raises $30 Million To Build Software For Managing EV Chargers

By Annie Baker ● Apr 19, 2023

ChargeLab announced the addition of $15 million in new financing to the Series A funding round, doubling funds previously raised and bringing the round's total to $30 million.

Climate Risk Forecasting Company ClimateAi Secures $22 Million

By Dan Anderson ● Apr 19, 2023

ClimateAi - a company that pioneered applying powerful machine learning to climate risk forecasting to build end-to-end resilience to climate change – has announced the successful closing of an oversubscribed $22 million Series B funding round.

Neuromodulation Device Company Saluda Medical Raises $150 Million

By Annie Baker ● Apr 19, 2023

Saluda Medical announced the closing of a $150 million equity financing round led by new investor Wellington Management.

ClinOne Secures $3 Million To Empower Patients And Caregivers In Clinical Trials

By Annie Baker ● Apr 19, 2023

ClinOne – a leading provider of Adaptive Experiences in clinical trials - announced it closed a $3 million Series A funding to accelerate the growth of its platform and broaden its reach to serve customers.

Helio Secures $3.3 Million To Enable Web3 Payments For The Masses

By Noah Long ● Apr 19, 2023

Helio recently announced it raised $3.3 million in a seed round of funding in order to bring Web3 payments to the masses.

Maritime Surveillance Solutions Company ThayerMahan Closes $30 Million In Series C

By Dan Anderson ● Apr 19, 2023

ThayerMahan - a leader in autonomous maritime surveillance solutions - announced it closed $30 million in a Series C round.

Automatic Vulnerability Fixer Company Mobb Raises $5.4 Million

By Dan Anderson ● Apr 19, 2023

Mobb – a trusted automatic vulnerability fixer - announced it has raised $5.4 million in seed funding led by Angel Investor Ariel Maislos and joined by MizMaa Ventures, Cyber Club London, and additional investors from the US, EU, and Israel.

Arcadia Secures $125 Million In New Financing From Vista Credit Partners

By Amit Chowdhry ● Apr 19, 2023

Arcadia - a leading data analytics platform for healthcare - announced $125 million in financing from Vista Credit Partners, which is the credit-lending arm of Vista Equity Partners and a strategic investor and financing partner focused on the enterprise software market.

University Of Miami Launches Miami Engineering Autonomous Mobility Initiative

By Amit Chowdhry ● Apr 19, 2023

The University of Miami College of Engineering announced it has launched the Miami Engineering Autonomous Mobility Initiative (MEAMI), which is a consortium of academic, industry, and government partners aimed at transforming the way we commute and live.

Digital Identity Company Veridas Raises €15 Million

By Dan Anderson ● Apr 19, 2023

Veridas - a Spanish company specializing in digital identity and biometrics - announced it has raised a €15 million capital increase from its own partners and new positioning as a global identity company - which offers solutions for identity management in digital and physical spaces.

Why Merck Is Buying Prometheus Biosciences For About $10.8 Billion

By Amit Chowdhry ● Apr 19, 2023

Merck (known as MSD outside the United States and Canada) and Prometheus Biosciences recently announced that the companies have entered into a definitive agreement under which Merck, through a subsidiary, has agreed to buy Prometheus for $200 per share in cash for a total equity value of approximately $10.8 billion.

Collaborative Music Workplace Company Myxt Raises $2 Million

By Amit Chowdhry ● Apr 19, 2023

Myxt has announced the launch of its audio file management platform for creators to stream, collaborate, and discover new insights on their library. And Myxt also announced its seed funding of $2 million led by Accel and Quiet Capital to support the development of the company's centralized audio workplace and help expand its growing community of creators.

truData To Invest $5 Million In Costa Rica Nearshore Operations

By Noah Long ● Apr 19, 2023

truData Solutions - a cloud engineering firm focused on delivery excellence enabled through a multishore engagement model - announced it will invest $5 million in its nearshore capability in San Jose, Costa Rica this year.

Prairie View A&M University’s National Center For Infrastructure Transformation Receives $2.5 Million Commitment

By Amit Chowdhry ● Apr 19, 2023

The Texas A&M University System is going to supercharge the development of Prairie View A&M University’s new National Center for Infrastructure Transformation with a $500,000 boost for the next 5 years.

Neuvotion Closes $1.25 Million To Develop Neurostimulation Products

By Noah Long ● Apr 19, 2023

Neuvotion - an early-stage medical device company developing neurostimulation products for the rehabilitation, brain-computer interface, and physical therapy markets - announced that it has received an additional $1.25 million in funding.

Neuromod Devices Raises €30 Million To Commercialize Its Tinnitus Treatment Device Lenire

By Annie Baker ● Apr 19, 2023

Neuromod Devices - an Irish medical device company specializing in neuromodulation - announced it has successfully closed a €30 million financing to further commercialize its tinnitus treatment device Lenire.

Built Technologies Receives Investment From Citi

By Noah Long ● Apr 19, 2023

Built Technologies - one of the fastest-growing construction and real estate software providers in the U.S. - announced it has received a strategic investment from Citi through its SPRINT program.

BioVentrix Raises $48.5 Million For Developing Less Invasive Therapies On Treating Failing Left Ventricles

By Annie Baker ● Apr 19, 2023

BioVentrix - a privately held medical device company developing minimally invasive therapies to directly treat the dilated left ventricle and reverse the left ventricular remodeling process in patients with congestive heart failure - announced the completion of $48.5 million Series A round financing.

Forest Project Platform Company Xilva Raises $1.8 Million

By Noah Long ● Apr 19, 2023

Xilva - a global platform for investments in regenerative forests - announced it has raised $1.8 million in a pre-seed round from Brainforest, Bloomsbury Natural Capital, Insurtech.vc, and a group of international angel investors.

MetaVC Partners Closes $62 Million Fund To Invest In Metamaterials Startups

By Dan Anderson ● Apr 19, 2023

MetaVC Partners recently announced the close of MetaVC Partners, which is a $62 million fund that will invest in early-stage and hard-tech metamaterials startup companies.

Companion Raises $6 Million To Build AI-Powered Interactive Devices For Dogs

By Annie Baker ● Apr 18, 2023

Companion - a company that builds AI-powered interactive devices for dogs - announced that it has raised $6 million in additional funding from Lerer Hippeau and Digitalis Ventures alongside opening its product to the public for reservation. And the new funding injection brings Companion's total funding to over $14 million.

Data-As-A-Service Company Cybersyn Closes $62.9 Million In Series A Led By Snowflake

By Amit Chowdhry ● Apr 18, 2023

Cybersyn - a data-as-a-service company - announced it has raised $62.9 million in Series A funding and emerged from stealth to launch its data-as-a-service (DaaS) offering.