Startups

Sesh: $7 Million Raised To Date For Scaling Artist Digital Ecosystem

By Amit Chowdhry ● Today at 10:00 AM

Sesh—a fan engagement ecosystem connecting people with their favorite artists through interactive experiences, exclusive content, and live events—announced today that it has raised $7 million. The company was led by Miura Global, with participation from angel investors in the music/tech industry.

Field Medical: $40 Million (Series A) Raised For Cardiac Pulsed Field Ablation (PFA) Technology

By Amit Chowdhry ● Yesterday at 11:57 PM

Field Medical - a pioneer in cardiac pulsed field ablation (PFA) technology - announced the closing of $40 million in Series A funding round. This funding round includes $20 million in new capital and the conversion of $20 million in seed-round debt. The participants include several leading strategics, venture capital firms, and family offices, with multiple seed investors reinvesting, emphasizing strong confidence in the company's initial focus on ventricular tachycardia (VT) and the broader versatility of its technology.

a16z Acquires Turpentine And Names Erik Torenberg As Partner

By Amit Chowdhry ● Yesterday at 11:51 PM

Venture capital firm a16z often refers to itself as a media company that monetizes through investing. This is one of the reasons why the firm decided to bring in Erik Torenberg, who has been focused on the intersection of investing and media over the last decade.

Terra Security: $8 Million (Seed) Secured For Agentic AI Pen Testing Solution

By Amit Chowdhry ● Yesterday at 11:38 PM

Terra Security, an Agentic AI-native penetration testing service-as-software platform, announced it has raised $7.5 million in a seed round led by SYN Ventures and FXP Ventures with participation from Underscore VC and notable angel investors, including former Google CISO Gerhard Eschelback and Ofer Ben-Noon and Ohad Bobrov, founders of Talon Security.

Chapter: $75 Million (Series D) Raised For Medicare Navigation Platform

By Amit Chowdhry ● Yesterday at 4:43 PM

Chapter, a Medicare navigation platform, announced that it raised $75 million in Series D funding led by Stripes, with participation from all major investors: XYZ Venture Capital, Susa Ventures, Addition, Narya Capital, and Maverick Ventures. This funding raise comes less than one year after Chapter’s Series C.

Attovia Therapeutics: $90 Million (Series C) Raised For Developing Treatments For Immune-Mediated Diseases

By Amit Chowdhry ● Yesterday at 4:40 PM

Attovia Therapeutics, a privately-held, clinical-stage biopharma company developing treatments for immune-mediated diseases with high unmet patient need, announced the closing of a $90 million Series C funding. Deep Track Capital led this funding round with participation from new investors including Vida Ventures, Sanofi Ventures, and Mirae Asset Capital Life Science, and ongoing support from existing investors including Frazier Life Sciences, venBio, Goldman Sachs Alternatives, Nextech Ventures, Cormorant Asset Management, EcoR1 Capital, Marshall Wace, and Illumina Ventures.

Caban: $50 Million Raised For Advancing Energy-As-A-Service Deployments

By Amit Chowdhry ● Yesterday at 4:33 PM

Caban, a leader in alternative energy solutions for critical infrastructure, announced that it has raised $50 million in new equity funding from existing investors. The funds managed by Ember Infrastructure Management (Caban’s majority shareholder) led the round. Ember is a private equity firm focused on investing in sustainable infrastructure solutions. And Ember has $1.25 billion in assets under management.

Electra: $115 Million (Series B) Raised For Building First Ultra Short Aircrafts

By Amit Chowdhry ● Yesterday at 4:27 PM

Electra.aero announced it has secured $115 million in Series B funding to enter the pre-production and certification phase of the EL9, the first-ever Ultra Short aircraft, which can take off and land in 150 feet, which is roughly 10% of the footprint required for similarly-sized legacy airplanes. Prysm Capital led the funding round. Lockheed Martin Ventures, Honeywell, and Safran are among Electra's strategic investors, Prysm Capital, Statkraft Ventures, the Virginia Innovation Partnership Corporation (VIPC), and other private investors.

Hammerspace: $100 Million Raised For Data Platform For AI

By Amit Chowdhry ● Yesterday at 4:24 PM

Hammerspace, a high-performance Data Platform for AI, announced that several strategic venture investors have invested $100 million in new strategic growth capital in Hammerspace. The rest of the funding round was completed by a combination of new and existing investors.

Glycomine: $115 Million (Series C) Raised To Advance GLM101 Drug Candidate

By Amit Chowdhry ● Yesterday at 4:22 PM

Glycomine - a biotechnology company focused on developing transformative new therapies for orphan diseases - announced a $115 million Series C financing to advance its lead candidate GLM101, into a Phase 2b clinical trial. This funding was led by CTI Life Sciences Fund, funds managed by abrdn, and Advent Life Sciences, along with continued investment from existing investors, Novo Holdings, Sanofi Ventures, Abingworth, RiverVest Venture Partners, Sanderling Ventures, Chiesi Ventures, Remiges Ventures, and Asahi Kasei Ventures.

Auradine: $153 Million (Series C) Raised For Advancing Future Of Blockchain

By Amit Chowdhry ● Yesterday at 4:21 PM

Auradine - a leader in energy-efficient blockchain and AI infrastructure solutions - announced the closing of an additional $153 million in connection with its Series C funding round. This funding round was led by StepStone Group and included participation from Maverick Silicon, Premji Invest, Samsung Catalyst Fund, Qualcomm Ventures, Mayfield, MARA Holdings, GSBackers, and other existing investors.

ROH: $9.2 Million Raised For Hospitality-Focused Payments Management Platform

By Amit Chowdhry ● Yesterday at 11:24 AM

ROH, which is the hospitality industry’s first payments management platform, announced it completed a $9.2 million funding round, led by Highgate Technology Ventures (HTV) and Acrew Capital.

Kenzo: $4.5 Million Raised For Transforming Security Operations

By Amit Chowdhry ● Yesterday at 11:14 AM

Kenzo Security announced it emerged from stealth after 18 months with $4.5 million in funding from The General Partnership and Michael Coates (former CISO of Mozilla and Twitter). And its Agentic AI Security Operations Platform is purpose-built to help CISOs and security teams do more with less while reducing risk.

Bauplan: $7.5 Million (Seed) Secured For AI And Data Infrastructure Platform

By Amit Chowdhry ● Yesterday at 11:06 AM

Bauplan, a Python-first serverless data platform that transforms complex infrastructure processes into a few lines of code over data lakes, announced its launch with $7.5 million seed funding. Innovation Endeavors led this funding round, which included experienced operators Wes McKinney, Aditya Agarwal, and Chris Re.

Loti AI: $16.2 Million (Series A) Raised For Likeness Protection Technology

By Amit Chowdhry ● Yesterday at 10:53 AM

Loti AI, a leader in likeness protection technology, announced closing a $16.2 million Series A funding round led by Khosla Ventures with additional investments from FUSE, Bling Capital, and Ensemble.

Liminal: $8.5 Million (Series A) Raised For Real-Time Intelligence Platform

By Amit Chowdhry ● Yesterday at 5:12 AM

Liminal, a real-time intelligence platform for complex markets and regulated industries, announced that it has raised $8.5 million in Series A funding. This funding round was led by Noro-Moseley Partners, with continued participation from early backers and strategic customers who have supported the company's vision from the outset.

Friday Harbor: $6 Million (Seed) Closed To Help Loan Officers Assemble Files In Real-Time

By Amit Chowdhry ● Yesterday at 5:11 AM

Friday Harbor, an AI-based platform helping loan officers assemble complete and compliant loan files in real time, announced the completion of a $6 million seed round. Abstract Ventures led the funding round. Also joining the round were Wischoff Ventures, a VC firm founded by Blend alum Nichole Wischoff, and the AI2 Incubator, a technical incubator created from the Allen Institute for AI (AI2).

Healthera: £2 Million Raised For Advancing Digital Pharmacy Platform

By Amit Chowdhry ● Yesterday at 5:06 AM

Patient experience platform Healthera announced it has raised £2 million in strategic investment from a consortium of private and health-tech investors. This boosts the current Series A round to £5.6 million and advances Healthera's mission to transform digital pharmacy services. This funding round was completed by private investors via the network of Committed Capital, which led the investment. Previous investors in Healthera include Cambridge Enterprise, Accelerated Digital Ventures (Legal and General), NHS England, and Innovate UK.

Cellid: Over $7.5 Million (Series C) Closed To Enhance Development Of Displays For AR Glasses

By Amit Chowdhry ● Yesterday at 5:03 AM

Cellid - a leading developer of AR display technology and spatial recognition engines - announced it has raised over $7.5 million (approximately 1.1 billion yen) in a Series C Extension funding round.