Startups

HumanX: AI Leader Forum Company Secures $6 Million

By Amit Chowdhry ● Apr 17, 2024

HumanX, a forum for AI leaders started by the team behind HLTH and Money20/20, announced its official debut and the annual conference. This inaugural gathering will be hosted in March 2025 and bring together C-suite leaders, decision-makers, policymakers, founders, and AI practitioners. And HumanX raised over $6 million in funding led by Primary Venture Partners, with participation from Foundation Capital, FPV Ventures, and Andreessen Horowitz.

Toku: All-In-One Recurring Payments Platform Raises $9.3 Million

By Amit Chowdhry ● Apr 17, 2024

GridBeyond: Intelligent Energy And Smart Grid Platform Company Secures €52 Million

By Amit Chowdhry ● Apr 17, 2024

GridBeyond, a leading intelligent energy and smart grid platform provider for distributed energy resource management, announced it has closed a €52 million Series C financing round. Alantra’s Energy Transition Fund Klima led the round. And the round also included new investors Energy Impact Partners, Mirova, ABB, Constellation, and Yokogawa Electric Corporation, as well as investment from existing investor Act Venture Capital.

Ilant Health: Obesity Management Company Extends Seed Round To $5.5 Million

By Amit Chowdhry ● Apr 17, 2024

Ilant Health, a leader in value-based obesity management and cardiometabolic health solutions, announced the extension of its seed round of fundraising from $3 million to $5.5 million. This women-led startup received additional funds from a combination of new health-oriented investors, including LifeX Ventures, Celtic House Asia Partners, Cornucopian Capital, and existing investors.

Asher Biotherapeutics: $55 Million Raised To Develop Precisely-Targeted Immunotherapies

By Amit Chowdhry ● Apr 17, 2024

Asher Biotherapeutics, a biotechnology company that is developing precisely targeted immunotherapies for cancer, autoimmune, and infectious diseases, announced the closing of a $55 million Series C funding round. This funding was led by RA Capital Management and included new investors AstraZeneca and Bristol Myers Squibb, along with existing investors Janus Henderson Investors, Third Rock Ventures, Wellington Management, Boxer Capital, and other undisclosed institutional investors.

AI Squared: $13.8 Million Raised To Deliver Data And Insights Into Business Apps

By Amit Chowdhry ● Apr 17, 2024

AI Squared, a company that helps organizations deliver data and AI insights into business applications, announced today that it has raised $13.8 million in Series A funding led by Ansa Capital with participation from existing investors NEA and Ridgeline.

Magnesium Capital: Inaugural Fund Closed At €135 Million

By Amit Chowdhry ● Apr 17, 2024

Energy transition buyout specialist Magnesium Capital announced the successful closing of its inaugural Fund, Magnesium Capital I, at its hard cap of €135 million, exceeding the €100 million Fund target. The final close occurred less than a year after the Fund’s first close, with Magnesium attracting blue-clip institutional investors from the US, Europe, and the UK.

Andreessen Horowitz: $7.2 Billion Raised For Several Venture Strategies

By Amit Chowdhry ● Apr 17, 2024

Venture capital firm Andreessen Horowitz announced it has raised $7.2 billion for several venture strategies. The funding will be spread as follows: American Dynamism ($600 million), Apps ($1 billion), Games ($600 million), Infrastructure ($1.25 billion), and Growth ($3.75 billion).

Two Chairs: Modern Behavioral Health Company Raises $72 Million

By Amit Chowdhry ● Apr 17, 2024

Modern behavioral health company Two Chairs announced that it has closed a $72 million Series C equity and debt financing round led by Amplo. Fifth Down Capital and other investors also participated. Bridge Bank set up the debt financing.

Quilt: Smart Home Climate Solution Company Secures $33 Million

By Amit Chowdhry ● Apr 17, 2024

Quilt, a smart home climate solution company, announced a $33 million Series A funding round co-led by Energy Impact Partners and Galvanize Climate Solutions. Lowercarbon Capital, Gradient Ventures, MCJ Collective, Garage Capital, Incite Ventures, and Drew Scott also participated.