Startups

Endogenex: $88 Million Raised To Improve Outcomes In Individuals With Type 2 Diabetes

By Amit Chowdhry ● Jul 6, 2024

Endogenex, a clinical-stage medical device company dedicated to improving outcomes in individuals with type 2 diabetes, announced it closed an oversubscribed Series C financing totaling $88 million.

TwoStep Therapeutics: $6.5 Million Secured To Advance Applicable Targeting Platform for Solid Tumors

By Amit Chowdhry ● Jul 5, 2024

TwoStep Therapeutics, a biotechnology company developing new targeted therapeutics for solid tumors, announced its official launch following a successful $6.5 million seed round led by NFX, with participation from other investors including 2048 Ventures, Alexandria Venture Investments, Cooley’s affiliated fund GC&H Investments, and the family office of the founder of Arcadia Investment Partners.

Route: Package Tracking Platform Company Raises $40 Million At $1.4 Billion Valuation

By Amit Chowdhry ● Jul 5, 2024

Route, a leading post-purchase package tracking and protection solution, announced a $40 million Series C funding round at a valuation of $1.4 billion. The funding round was led by Hanaco VC with participation from JAWS Ventures, Madrona Ventures, and Granger.

BoldHue Raises Nearly $3.4 Million In Oversubscribed Seed Round

By Amit Chowdhry ● Jul 5, 2024

BoldHue, a female-founded technology company transforming the beauty-tech industry with its personalized foundation device, announced it has successfully closed an oversubscribed seed round, raising nearly $5.2 million in funding to date.

Prodia: Distributed GPU Cloud Company Raises $15 Million

By Amit Chowdhry ● Jul 5, 2024

Prodia, a leading distributed network of GPUs for AI inference solutions, today announced it raised a $15 million seed round led by Dragonfly Capital to build more scalable, affordable AI solutions powered by Web3. Investment firms HashKey, Web3.com, Index Ventures, Symbolic Capital, OKX Ventures, EV3, Artichoke, TRGC, Folius, Tangent Capital, Southern Equity, Balaji Srinivasan, Sandeep Nailwal (founder of Polygon), Matthew Roszak, Jeremy Voss (Director of Gen AI at Meta), Amit Vasudev (founder of Clearbit), Thomas France founder of Ledger, Leon Marshall (CEO of Galaxy Europe), Nicolas Pinto, Kenzi Wang, Jermaine Brown, and more

Thiozen: MIT Clean Hydrogen Spinout Raises $3.2 Million

By Amit Chowdhry ● Jul 3, 2024

Thiozen, the first company to produce clean hydrogen from "sour gas" waste streams, announced it has received $3.2 million in funding for a clean hydrogen project in Alberta, Canada. Administered by Emissions Reduction Alberta (ERA) and Alberta Innovates, this funding is part of a $57 million commitment by the Government of Alberta to support 28 projects that advance the hydrogen economy, reduce emissions, and create jobs in Alberta.

EpilepsyGTx: $10 Million Raised To Develop Therapies For Treating Focal Refractory Epilepsy

By Amit Chowdhry ● Jul 2, 2024

EpilepsyGTx, a biotechnology company focused on the research and development of gene therapies to treat focal refractory epilepsy, announced it has raised $10 million in seed funding. The funding was led by the UCL Technology Fund, with participation from Health Technology Holding.

TMRW Sports Raises Series A Funding At $500 Million Valuation

By Amit Chowdhry ● Jul 2, 2024

TMRW Sports, a company focused on building progressive approaches in sports, media, and entertainment, announced the closing of its Series A investment round. The funding round was co-led by Dynasty Equity, which recently closed a strategic minority investment in Liverpool FC, and Connect Ventures - which co-led the initial fundraising round for TMRW Sports and included participation from other leading institutional investors, sports team owners, business leaders, etc. TMRW Sports was founded by Tiger Woods, Rory McIlroy, and Mike McCarley.