Startups

Failup Ventures: €50 Million Fund Closed To Invest In Early-Stage Startups

By Amit Chowdhry ● Dec 2, 2023

Failup Ventures - a new globally operating early-stage venture capital fund - recently announced the first closing of €30 million of its new early-stage fund of €50 million. Founded by three previous Finnish entrepreneurs – Jesse Heikkilä, Topias Soininen, and Oscar Andersin – Failup Ventures backs early-stage startups with strong, mission-driven teams. Failup’s typical initial investments range from €200K to €1 million, with the capability to follow up on additional rounds.

Valid8: Verified Financial Intelligence Leader Raises $8.5 Million

By Amit Chowdhry ● Dec 1, 2023

Valid8 Financial - a leader in Verified Financial Intelligence - recently announced $8.5 million in Series A funding led by Silverton Partners with participation from Touchdown Ventures, First Trust Capital Partners, CPA.com, and Capital Midwest.

Octave Bioscience: $10 Million Grant Received From The Michael J. Fox Foundation For Parkinson’s Research

By Amit Chowdhry ● Dec 1, 2023

Octave Bioscience - a leading precision care company that delivers a new standard for managing multiple sclerosis and other neurodegenerative diseases - recently announced that it has been awarded a $10 million grant from The Michael J. Fox Foundation for Parkinson’s Research (MJFF).

Ninety: $35 Million Raised To Help SMBs Succeed In Modern Business Environments

By Amit Chowdhry ● Dec 1, 2023

Ninety - a leading all-in-one cloud-based platform supporting many of the world's leading Business Operating Systems (BOSs) - recently announced that the company has raised a $35 million Series B round of funding, led by Blue Cloud Ventures with participation from Catalyst Investors and existing investor Insight Partners.

NTx: $47.5 Million Closed To Manufacture RNA And Protein

By Annie Baker ● Dec 1, 2023

Nature's Toolbox (NTx) - a life sciences company building next-generation platforms to manufacture RNA and protein - recently announced that it has raised $47.5M in Series B financing. Led by RA Capital Management, the funding will fuel the advancement of the company’s biomanufacturing platforms NTxscribe and NTxpress.

Alto Neuroscience: $45 Million Raised To Pioneer Precision Psychiatry By Developing Targeted Medicines

By Amit Chowdhry ● Dec 1, 2023

Alto Neuroscience recently announced an oversubscribed $45 million Series C financing. This funding round was led by InVivium Capital, with participation from additional new investors Franklin Templeton, Point72, Eli Lilly and Company, and Alexandria Venture Investments. And existing investors Alpha Wave Ventures, Lightswitch Capital, partners of Alkeon Capital, WhatIf Ventures, and Windham Venture Partners also participated in the financing.

OCOchem: Carbon Conversion Company Secures $5 Million

By Dan Anderson ● Dec 1, 2023

Carbon conversion startup OCOchem recently announced it has raised $5 million in seed funding from lead investor TO VC. INPEX, the LCY Lee Family Office, and MIH Capital Management also participated in the round. And these investors join Halliburton Labs, Halliburton Company's energy and climate tech accelerator - which has been supporting OCOChem's scaling since 2021.

Kennedy Lewis Investment Management: $4.1 Billion Closed For Third Opportunistic Credit Fund

By Amit Chowdhry ● Dec 1, 2023

Kennedy Lewis Investment Management - a leading alternative credit manager - recently announced that it has closed on $4.1 billion for Kennedy Lewis Capital Partners Master Fund III LP and its associated parallel and co-investment vehicles.

Kythera Labs: Healthcare Technology And Data Analytics Company Raises $20 Million

By Annie Baker ● Dec 1, 2023

Kythera Labs - a leading healthcare technology and data analytics company for the Healthcare and Life Sciences industries - recently announced $20 million in Series A and debt financing from BIP Ventures and CIBC. The company will use the funding to support the continued growth and scale of Wayfinder, which is its data-transforming technology platform, and accelerate the development and adoption of new and existing offerings. Plus, Kythera also plans to leverage financing to expand partnerships with industry leaders such as Datavant and Databricks.

QuantHealth Launches Katina To Help Pharma Researchers Run Significant Protocols At Scale

By Amit Chowdhry ● Dec 1, 2023

QuantHealth - an AI-powered clinical trial design startup - recently announced a major product upgrade to its platform to simulate trials at scale and expedite, de-risk and optimize drug development. Katina provides clinical researchers with an AI-guided workflow that simulates hundreds of thousands of potential trial protocol combinations of patient groups, treatment parameters, and different endpoints to maximize the trial success probability while considering additional operational and commercial considerations.

L-Nutra: Nutri-Technology Company Raises $47 Million

By Amit Chowdhry ● Dec 1, 2023

L-Nutra - a premier nutri-technology company spearheading longevity science nutrition programs - recently announced the closure of a $47 million first tranche investment in its Series D fundraising. This funding round was led by a personal investment from Stephane Bancel, CEO at Moderna, alongside Brentwood Associates, a Los Angeles-based middle market investment firm.

Lightspeed Faction: $285 Million Venture Fund Launched For Blockchain Companies

By Amit Chowdhry ● Dec 1, 2023

Lightspeed Faction - a leading blockchain-focused venture capital firm - recently announced the launch of its inaugural $285 million venture fund. Faction will primarily invest in early-stage blockchain projects and serve as a long-term capital partner as these projects scale. Along with providing capital, the fund will serve as a seasoned resource to blockchain entrepreneurs on various topics from tokenomics to business scaling.

Revela: Property Management Solution Company Raises $9 Million

By Amit Chowdhry ● Dec 1, 2023

Revela - a leading property management solution - recently announced that it has raised a $9 million Series A funding round to expand its product suite and meet the evolving needs of the real estate and property management industry. FirstMark Capital led the funding round, with additional participation from Detroit Venture Partners, MetaProp, and Assurant Ventures.

Llama: Access Control And Governance Platform For Smart Contracts Closes $6 Million

By Annie Baker ● Dec 1, 2023

Llama - an access control and governance platform for smart contracts - recently announced it raised a $6 million seed round from Founders Fund and Electric Capital. Other notable investors include Elad Gil (early investor in Stripe, Airbnb, Figma), Sandeep Nailwal (Co-founder of Polygon), Stani Kulechov (Founder of Aave), Will Gaybrick (President of Product at Stripe), Amplify Partners, and FJ Labs.

Dwellsy: Rental Marketplace Company Raises $11.5 Million

By Amit Chowdhry ● Nov 30, 2023

Dwellsy - a rental marketplace with the most comprehensive data and listings - recently announced the closing of an oversubscribed $11.5 million seed funding round. Ulu Ventures led the round, joined by the University of Chicago, Frontiers Capital, Heroic Ventures, NJP Ventures, Blackhorn Ventures, Gaingels, and the BCG Angels.

Lucent Bio: Agricultural Technology Company Secures Over $3.6 Million

By Noah Long ● Nov 30, 2023

Lucent Bio - an innovative agricultural technology company - recently announced it has raised over $3.6 million, which will be provided by PacifiCan through the Business Scale-up and Productivity program, earmarked to expedite the development of Nutreos (their innovative seed treatment technology).

Common Energy: Community Solar Provider Raises New Funding Round

By Noah Long ● Nov 30, 2023

Community solar provider Common Energy recently announced that it has raised a new round of funding, providing the business with additional capital to continue its expansion.

Lunar.dev: API Consumption Management Solution Company Secures $6 Million

By Noah Long ● Nov 30, 2023

Lunar.dev - the first-ever API Consumption Management solution - recently announced the launch of its open-source platform, along with $6 million in Seed funding. Uncork Capital led this funding round with the participation of existing investor Angular Ventures.

Coinchange: Crypto Earnings Platform Company Raises $10 Million

By Amit Chowdhry ● Nov 30, 2023

Coinchange - a digital asset platform enabling businesses to trade and access yield as a service through its unique Earn API - recently announced that it has raised $10 million to grow its services. The funding round was led by key investment players, including G1.VC, Spirit Blockchain, Good News Ventures, K2.CA, and Atoia Ventures, with additional participation from Mintfox.

Layla: Travel Discovery Platform Company Raises €3 Million

By Amit Chowdhry ● Nov 30, 2023

Travel discovery platform company Layla recently announced a €3 million investment from an esteemed group of travel leaders, including the co-founders of Booking.com (Andy Phillips) and Skyscanner (Barry Smith) and entertainment star and entrepreneur Paris Hilton. The funding round was led by Firstminute Capital (Brent Hoberman, co-founder of travel industry titan lastminute.com) and M13.

Ediphi: Cloud-Based Estimating Solution Company Raises $6.5 Million

By Annie Baker ● Nov 30, 2023

Ediphi - an advanced cloud-based estimating solution on the market - recently announced it has secured $6.5 million in seed funding. The funding was provided by Suffolk Technologies, a venture capital platform investing in the next generation of companies solving built environment challenges.

May Mobility: New CFO And $105 Million Series D Funding Round

By Amit Chowdhry ● Nov 30, 2023

May Mobility - a leader in developing and deploying autonomous vehicle (AV) technology - recently announced the company's $105 million Series D funding round. And the company also revealed that Anna Brunelle has joined as CFO.

OpsLab: $5 Million Raised To Solve Operational Planning At Scale

By Amit Chowdhry ● Nov 30, 2023

OpsLab recently announced the company closed a seed fundraising round totaling $5 million, led by Cultivation Capital and joined by Storm Ventures. Completing this funding round during economic uncertainty proved the strength of the company's fundamentals and OpsLab's market opportunity.

Tola Capital: Fund III Closed To Invest $230 Million In Early-Stage AI Startups

By Amit Chowdhry ● Nov 30, 2023

Tola Capital - a venture capital firm investing in the next generation of enterprise software enabled by artificial intelligence (AI) - recently announced the closing of Tola Capital III, LP at $230 million. This fund will be deployed to Seed and early-stage startups that are revolutionizing the enterprise software industry with AI. The latest fund brings Tola Capital's total funds raised to date to $688 million.

Quoherent: $4.7 Million Secured To Develop Room-Temperature And Edge-Capable Quantum Processors

By Amit Chowdhry ● Nov 30, 2023

Quoherent - a company developing room-temperature edge-capable quantum processors that promise to change quantum computing radically - recently announced the closing of its $4.7 million Series Seed financing. This funding round was led by Morpheus Ventures and joined by Draper Associates, Khosla Ventures, and Alpha Edison.

Pathway: $5 Million Raised To Expand Medical Knowledge Platform

By Noah Long ● Nov 30, 2023

Pathway - an AI-driven medical knowledge platform - recently announced it has secured $5 million in seed funding to advance its solutions to information overload among healthcare professionals. And Pathway distills practice guidance from millions of evidence-based sources into concise summaries, helping clinicians stay up-to-date and provide efficient, high-quality care.

Pantheon Vision Raises $2.5 Million From KeraLink International

By Annie Baker ● Nov 30, 2023

KeraLink International (KLI) recently announced $2.5 million in seed funding in Pantheon Vision (PV) to launch the development of a novel advancement to help eradicate corneal blindness in both developed and low- and middle-income countries (LMICs). And Pantheon Vision (an early-stage ophthalmic medical device company KLI established) will use the funding to develop bioengineered corneal implants to reduce reliance on donated corneal tissue – often unavailable in LMICs.

Jana Care: $6 Million In Funding Raised To To Develop At-Home Testing Tech For Chronic Kidney And Heart Management

By Annie Baker ● Nov 30, 2023

Jana Care - a pioneering developer of at-home self-administered testing technologies for chronic kidney and heart disease management - recently announced the initial closing of a Series B financing from a syndicate of new and existing venture firms. Along with its ongoing partnerships with global leaders in diagnostic technologies and pharmaceutical development, Jana Care welcomes lead investor IAG Capital Partners.

Bazooka Tango: Blockchain Game Studio Company Secures $5 Million

By Annie Baker ● Nov 30, 2023

Bazooka Tango - a game studio led by former creators of Vainglory, Bo Daly and Stephan Sherman - recently announced that it has successfully raised $5 million USD in a funding round led by BITKRAFT Ventures, with participation from RW3 Ventures, Sfermion, 1Up Ventures, and others.

SEVA: Growth Equity Firm Closes $85 Million Oversubscribed Debut Fund

By Amit Chowdhry ● Nov 30, 2023

SEVA - a newly launched growth equity firm serving customer-centric founders and companies based in New York - recently announced the closing of its $85 million oversubscribed debut fund (SEVA Fund I), reaching its hard cap and exceeding its original target of $50 million.