Archives

Aligned: Digital Sales Room Company Closes $8 Million In Funding

By Amit Chowdhry ● Feb 1, 2025

Aligned, a Digital Sales Room improving the buyer-vendor workflow from start to post-sale, announced it has secured an $8 million investment led by JAL Ventures. This funding round includes participation from existing investors NFX, Hetz Ventures, and CROs from leading SaaS companies, bringing the total amount raised to $14 million.

Medsender: AI-Based Workflow Automation Company Closes $5 Million (Series A)

By Amit Chowdhry ● Feb 1, 2025

Medsender, an AI-based workflow automation platform for healthcare providers, announced a recent $5 million Series A investment led by Ballast Point Ventures. And Medsender will use the funding to support its commercial team, accelerate its technology pipeline development, and drive industry-leading performance for its clients.

Athenic AI: Data Analysis And BI Company Closes $4.3 Million (Seed)

By Amit Chowdhry ● Feb 1, 2025

Athenic AI, a player in the data analysis and business intelligence (BI) space, announced $4.3 million in funding led by BMW i Ventures and joined by TenVC, Scrum Ventures, Stage 2 Capital, Beat Ventures, SpaceCadet, Boost VC and Abstraction Capital. This new funding round will enable Athenic AI to accelerate product development, enhance its market presence, and expand its reach to enterprise clients looking to unlock the true potential of their data.

Final Round AI: Job Search Journey Company Closes $6.88 Million (Seed)

By Amit Chowdhry ● Feb 1, 2025

Final Round AI, an AI-based platform transforming how people find jobs, announced the closing of a $6.88 million oversubscribed seed funding round. With investment from Uncork Capital, Final Round AI aims to become the "Robin Hood of the modern recruiting industry," making career transitions faster, more innovative, and more equitable. Uncork was also joined by HF0, Linear Capital, Ritual Capital, Mento VC, AltaIR Capital, Alumni Ventures, Goodwater, Hico Ventures, Soma Capital, iSeed Ventures, Level One, Sky9 Capital, and notable angels. Along with the funding, the company is announcing a $8 million scholarship program fund for this year.

DigitalC: $2.76 Million In Funding Authorized From The City Of Cleveland

By Amit Chowdhry ● Feb 1, 2025

DigitalC announced the authorization of $2.76 million in funding by the Cleveland City Council for the first year of its four-year contract with the City of Cleveland. This funding supports DigitalC's efforts to install subscribers on a new citywide community-based network and provide essential digital skills training.

Commit Biologics: €5.5 Million (Seed) Raised To Develop Cancer Treatments

By Amit Chowdhry ● Feb 1, 2025

Commit Biologics – an innovator in activating the complement system to treat cancer and autoimmune disease - announced a €5.5 million extension to its seed funding. The contribution from new investor Korys brings the total seed funding raised since Commit's launch to €21.5 million. Commit had emerged from stealth last May, having raised €16 million from Novo Holdings and Bioqube Ventures.

Sonocharge Energy: $23.5 Million Raised To Make Batteries Last Longer

By Amit Chowdhry ● Jan 31, 2025

Sonocharge Energy – an innovative tech company enabling batteries to last longer, charge faster, and be safer – announced $23.5 million financing round led by Cycle Capital, with participation of Honda, current investors Khosla Ventures, Temasek, and non-dilutive funding partners.

Palona AI: $10 Million (Seed) Raised To Develop Multi-Agents

By Amit Chowdhry ● Jan 31, 2025

Palona AI announced its public launch with a suite of AI solutions that advance the growth of D2C and other consumer-facing businesses. The company also announced $10 million in seed funding from investors, including UpHonest Capital, Fusion Fund, Maynard Webb, NEO Investment Partners, and other strategic angels and institutions.

Method: Consumer Permissioned Financial Connectivity Company Raises $41.5 Million (Series B)

By Amit Chowdhry ● Jan 31, 2025

Method Financial, a provider of consumer permissioned financial connectivity, announced it raised $41.5 million in its latest Series B funding round led by Emergence Capital with participation from avra and Samsung Next, and existing investors Andreessen Horowitz, Y-Combinator and Ardent Venture Partners. This funding brings the company’s total to $60 million.

H2SITE: Hydrogen Separation Solutions Company Raises €36 Million

By Amit Chowdhry ● Jan 31, 2025

H2SITE, a pioneer of hydrogen separation solutions, announced the closing of its Series B funding round at €36 million from a consortium of investors, combining strategic and financial investors focused on the next growth phase. And H2SITE has received support from new co-lead investors Hy24 and SC Net Zero Ventures. These lead investors are joined by new investors MassMutual Ventures, Enagas Emprende and Exergon, and existing investors Breakthrough Energy Ventures along with Equinor Ventures and Ezten, FCR (a fund managed by Gestión de Capital Riesgo del País Vasco of the SPRI Group - Basque Government).

Madrona: $770 Million Closed For Madrona Fund X And Acceleration Fund IV

By Amit Chowdhry ● Jan 31, 2025

Madrona announced the closing of Fund X and Acceleration Fund IV, which will be deployed in the next several years in new companies and will support them through their life cycle.

Focus Partners Brings In $4.16 Billion Firm Merriman Wealth

By Amit Chowdhry ● Jan 31, 2025

Focus Financial Partners, an interdependent partnership of wealth management, business management, and financial services firms, announced that it has entered into a definitive agreement under which Seattle, WA-based Merriman Wealth Management will join Focus Partners Wealth. This deal is expected to close on February 1, 2025, subject to customary closing conditions. Upon the completion of this deal, Merriman is expected to add approximately $4.16 billion, measured as of September 30, 2024, to Focus Partners Wealth’s regulatory assets under management.

Apple Reports Over 2.35 Billion Active Devices And 1 Billion Subscriptions

By Amit Chowdhry ● Jan 31, 2025

This week, Apple reported its best quarter ever for the fourth calendar quarter of 2024. For the quarter, Apple reported revenue of $124.3 billion and a net quarterly profit of $36.3 billion compared to revenue of $119.6 billion and a net quarterly profit of $33.9 billion during the same period a year earlier.