Startups

Firestorm Labs: Unmanned Aerial System Manufacturer Raises $12.5 Million

By Amit Chowdhry ● Mar 21, 2024

Firestorm Labs - a California-based Unmanned Aerial System (UAS) manufacturer leader that is manufacturing expeditionary additive manufacturing - announced it raised $12.5 million in seed investment by Lockheed Martin Ventures and prominent defense investors.

Ascent: Financial Portability Solutions Company Raises $5.3 Million

By Amit Chowdhry ● Mar 21, 2024

Ascent Platform - a leader in financial portability solutions for banks and credit unions - announced that it has raised $5.3 million in venture funding. Foundation Capital, TruStage Ventures Discovery Fund, Alloy Labs, Reseda Group, and other investors led the round.

Euno: Frictionless Data Governance Company Raises $6.25 Million

By Amit Chowdhry ● Mar 21, 2024

Euno announced it raised $6.25 million in seed funding and emerged from stealth. This seed funding round was led by 10D with participation from INT3 – two leading early-stage Israeli funds investing in enterprise software. The funding round also included notable angel investors, including Barr Moses (co-founder and CEO at Monte Carlo), Lior Gavish (co-founder and CTO at Monte Carlo), and Yoni Broyde (former co-founder and CEO at Alooma). The advisory board includes Mark Nelson (Venture Partner at Madrona and former CEO and President at Tableau) and Tatsiana Maskalevich (Director of Data Science and Engineering at Netflix).

Flosonics Medical: Wearable Medical Ultrasound Company Raises $20 Million

By Amit Chowdhry ● Mar 21, 2024

Flosonics Medical - a leader in wearable medical ultrasound - announced a Series C funding round at $20 million. The funding round was led by New Leaf Venture Partners, with participation from previous investors Arboretum Ventures, Genesys Capital, and iGan Partners.

HyperPlay: Web3-Native Game Company Raises Funding From Square Enix

By Amit Chowdhry ● Mar 20, 2024

HyperPlay - a Web3-native game store that also aggregates the Epic Games Store - announced that Square Enix has joined the roster of gaming heavyweights that have invested in HyperPlay - to launch collaborations with the growing game store.

Portal Biotechnologies: Cell Engineering Platform Company Raises $5 Million

By Amit Chowdhry ● Mar 20, 2024

Cell engineering platform company Portal Biotechnologies announced a $5 million pre-seed round led by Pear VC, with participation from Conscience VC and 10x Capital. Armon Sharei, Ph.D., the founder and former CEO of SQZ Biotechnologies, founded Portal Biotechnologies.

Moove: Mobility Fintech Company Raises $100 Million At $750 Million Valuation

By Amit Chowdhry ● Mar 20, 2024

Moove - a global mobility fintech company that democratizes access to vehicle ownership for mobility entrepreneurs - announced that it had raised $100 million in a Series B funding round. This funding round values the company at $750 million. Uber invested in this round alongside Mubadala, which led Moove’s previous funding round last year. Other investors participating in the round also included The Latest Ventures, Africinvest, Palm Drive Capital, Triatlum Advisors AG, and Future Africa.