Startups

unybrands Raises Series B Funding Round To Scale E-Commerce Businesses

By Amit Chowdhry ● Feb 25, 2024

unybrands, an integrated platform built to scale e-commerce businesses on and off Amazon, recently announced that it closed its largest acquisition to date in an all-cash deal.

Blackbird Health: Neuroscience-Led Youth Mental Health Provider Company Raises $17 Million

By Amit Chowdhry ● Feb 25, 2024

Blackbird Health - a neuroscience-led and technology-backed youth mental health provider - announced it raised $17 million in series A funding. And the funding round was led by Define Ventures and included participation from Frist Cressey Ventures and GreyMatter. Blackbird has raised nearly $23 million to date.

Varana Capital Announces First Close Of Chai10x Fund

By Amit Chowdhry ● Feb 25, 2024

Varana Capital - an asset management platform specializing in venture capital, private equity, and public markets - announced the successful first close of its Chai 10x Fund. With over $20 million secured and over $10 million of additional commitments, this marks the largest first closing for emergency Israel funds to date.

CLARA Analytics Raises Funding From Nationwide Ventures

By Amit Chowdhry ● Feb 25, 2024

CLARA Analytics and Nationwide are deepening their current partnership as CLARA received an investment from Nationwide Ventures, the investment arm of the insurance and financial services company. And Nationwide’s investment comes from its $350 million investment fund. CLARA raised $64 million, including its recently announced Series C.

Abridge: Clinical Documentation AI Leader Raises $150 Million

By Amit Chowdhry ● Feb 25, 2024

Abridge - a leader in generative AI for clinical documentation - announced an additional $150 million investment, utilizing momentum from their product’s rapid uptake among health systems nationwide. This funding round comes just fourth months after their $30 million Series B, and is one of the largest funding rounds made to date in generative AI for healthcare.

Orkes: $20 Million Raised To Scale Distributed Systems

By Amit Chowdhry ● Feb 24, 2024

Orkes - a company with a platform that offers the fastest way to scale distributed systems - announced it has raised $20 million in new funding. Nexus Venture Partners led this latest funding round with participation from existing investors Battery Ventures and Vertex Ventures US. And Nexus Managing Director Abhishek Sharma led his firm’s investment and will be joining the board.

Conservation Labs Raises $7.5 Million To Decode Audio Data Into Actionable Insights For Reducing Carbon Emissions

By Amit Chowdhry ● Feb 24, 2024

Conservation Labs - an artificial intelligence (AI) company that developed a groundbreaking platform that decodes audio data into actionable insights in the built environment to reduce carbon emissions and energy and water usage - announced that it had raised a $7.5 million Series A funding round. This funding round was led by RET Ventures’ Housing Impact Fund and included the participation of Sustain VC.

Insamo Raises $12 Million To Pioneer The Discovery Of Membrane-Permeable And Orally Available Cyclic-Peptides

By Amit Chowdhry ● Feb 24, 2024

Insamo - a biotechnology company pioneering the discovery of membrane-permeable and orally available cyclic peptides - announced $12 million in seed capital from Playground Global, venBio, and MRL Ventures Fund (MRLV). Sahsen Ventures, BEVC, Civilization Ventures, and Axial Ventures also participated in the recent financing.

HealthSnap: Remote Patient Monitoring And Chronic Care Management Company Raises $25 Million

By Amit Chowdhry ● Feb 24, 2024

HealthSnap - a Miami-based Remote Patient Monitoring (RPM) and Chronic Care Management (CCM) solution for healthcare providers - announced its Series B financing totaling $25 million.

Empowerly: $15 Million Secured To Provide Personalized College And Career Guidance

By Amit Chowdhry ● Feb 24, 2024

Empowerly - a data-driven education technology company that provides personalized college and career guidance - announced it has raised a $15 million financing round led by Conductive Ventures.

Novity: $7.8 Million Closed To Optimize Maintenance Operations

By Amit Chowdhry ● Feb 24, 2024

Novity - the provider of the TruPrognostics AI, a truly predictive maintenance AI for process industry clients - announced the successful closure of $7.8 million in financing. WERU Investment led the investment in a global consortium of investors including Myriad Venture Partners and METAWATER, Co., Ltd.

Elektra Health: Women’s Health Company Secures $3.3 Million

By Amit Chowdhry ● Feb 23, 2024

Elektra Health - a digital health platform that empowers women navigating the menopause journey via evidence-based education, medical care, and community - announced $3.3 million in a new funding round led by UPMC Enterprises (the innovation, commercialization, and venture capital arm of UPMC), with participation from Wavemaker 360, and existing investors Flare Capital Partners and Seven Seven Six Fund. This brings the total amount of equity finance raised to $7.6 million. Kathryn Heffernan from UPMC Enterprises and Dr. Monica Jain from Wavemaker 360 have joined Elektra's Board of Directors.

Qloo: Cultural AI Company Raises $25 MIllion

By Amit Chowdhry ● Feb 23, 2024

Qloo - a pioneer in cultural AI - announced it had secured $25 million in Series C funding, highlighting the significant contributions that the company continues to make to the rapidly evolving AI ecosystem. This funding round was led by AI Ventures, with participation from AXA Venture Partners, Eldridge, and Moderne Ventures.