Startups

Safi Biotherapeutics: Manufactured Red Blood Cells Company Raises $5 Million (Seed)

By Amit Chowdhry ● Sep 18, 2024

Safi Biotherapeutics—a company launched by former DARPA, Vertex, MIT, and MGH leaders—is leading the development of manufactured red blood cells (mRBCs) as an alternative to donor blood transfusions. The company recently announced a $5 million seed funding round led by J2 Ventures, which complements over $15 million in funding from the U.S. Department of Defense.

RunSafe Security: $12 Million (Series B) Raised To Immunize Software From Cyberattacks

By Amit Chowdhry ● Sep 18, 2024

RunSafe Security, a pioneer of a patented process to immunize software from cyberattacks without developer friction, announced the completion of a $12 million Series B financing round. This funding round, which includes participation from new and existing investors, will accelerate new product development and market expansion to EMEA and APAC.

SceyeSceye: Aerospace Company Raises Series C At $525 Million Valuation

By Amit Chowdhry ● Sep 18, 2024

Sceye, a leading U.S. aerospace company specializing in High-Altitude Platform Systems (HAPS), announced it has closed a Series C funding round. Mawarid Holding Company, a Saudi corporation with an established presence in information and communication technology, satellite, and digital solutions, led the round.

Bounti: Autonomous AI Products Leader Raises $16 Million (Seed)

By Amit Chowdhry ● Sep 18, 2024

Bounti, a leader in autonomous AI products, recently emerged from stealth and announced it has secured $16 million in seed funding led by Google Ventures, with participation from Floodgate, Bloomberg Beta, Haystack, Octave Ventures, and MS&AD. The company also announced that Silicon Valley veteran Lew Cirne (founder of New Relic) is its first independent board member.

Clasp: Recruitment Platform Company Raises Over $10 Million

By Amit Chowdhry ● Sep 18, 2024

Clasp (formerly known as Stride Funding) has closed an oversubscribed venture round of over $10 million led by Crosslink Capital, bringing the total funding to over $30 million. Other new strategic investors include SHRM and individuals like Marc Weill, whose family is known for its contributions to leading healthcare institutions.

DeltaStream: Serverless Stream Processing Company Secures $15 Million (Series A)

By Amit Chowdhry ● Sep 18, 2024

Serverless stream processing platform DeltaStream announced it had raised $15 million in Series A funding from New Enterprise Associates (NEA), Galaxy Interactive, and Sanabil Investments. This funding will accelerate the company’s vision of enabling a complete serverless stream processing platform to manage, secure, and process all streaming data, irrespective of data source or pipeline.

Nomic Bio: Protein Profiling Company Raises $42 Million (Series B)

By Amit Chowdhry ● Sep 18, 2024

Protein Profiling company Nomic Bio announced it raised $42 million in Series B funding. This funding round will enable Nomic to accelerate the expansion of its commercial operations, further invest in advancing its state-of-the-art protein profiling platform, and broaden its transformative offerings to meet the growing demand.

Nura Bio: Neuroprotective Therapy Company Closes $68 Million (Series A)

By Amit Chowdhry ● Sep 18, 2024

Nura Bio, a clinical-stage biopharmaceutical company developing neuroprotective and small molecule therapies for treating debilitating neurological diseases, announced the closing of over $140 million in Series A funding. And this includes adding $68 million to the initial Series A round of $73 million which was announced in 2020. This funding round was led by founding investor The Column Group, with participation from continuing investors Samsara Bio Capital and Euclidean Capital and new investor Sanofi Ventures.

AttoTude: AI And Hyperscale Data Center Applications Company Secures $29 Million (Series A)

By Amit Chowdhry ● Sep 18, 2024

AttoTude, a leader in interconnect technology for AI and hyperscale data center applications, announced a Series A funding round of $29 million. This funding round follows AttoTude’s initial Seed Round, which raised $11 million in March 2024. A combination of prominent investors, including Sutter Hill Ventures, Canaan Partners, and Wing Venture Capital funded this funding round.

Sigo Seguros: Insurtech Company Raises $10.5 Million (Series A)

By Amit Chowdhry ● Sep 18, 2024

Sigo Seguros, a digital-first non-standard auto insurance brand that is eliminating extra fees, announced it has raised a $10.5 million Series A led by Varco Capital and returned investor Listen. Angeles Ventures and Flintlock Capital participated in the round, as did existing investors Zeal Capital Partners, Rise of the Rest, and Fiat Ventures. Varco Capital is the family office of Rafael and Carlos Varela, the founders of Pronto Insurance, a leading non-standard auto franchise.