Startups

UnityAI: $4 Million Secured To Make Hospital Flow More Efficient

By Amit Chowdhry ● Feb 22, 2024

UnityAI - a healthcare technology startup founded by three seasoned engineers and data scientists with backgrounds at HCA Healthcare - announced the successful closure of its seed funding round, securing $4 million in total capital to date.

AtmosZero Closes $21 Million To Decarbonize Steam

By Amit Chowdhry ● Feb 22, 2024

AtmosZero - a company on a mission to decarbonize steam - announced the closing of a $21 million Series A round co-led by Engine Ventures and 2150 to accelerate the commercialization of its Boiler 2.0 technology. And Constellation Technology Ventures, the strategic venture arm of Constellation Energy Corporation also joined the round along with existing backers Energy Impact Partners, Starlight Ventures, and AENU.

Trace Genomics: DNA-Based Soil Intelligence Leader Secures $10.5 Million In Funding

By Amit Chowdhry ● Feb 22, 2024

Trace Genomics - an industry leader in DNA-based soil intelligence - announced its successful Series B funding round at $10.5 million led by existing investors S2G Ventures and Ajax Strategies, and new investor Rabo Ventures. The funding round exceeded expectations and demonstrated strong investor confidence in Trace's trajectory and growth strategy. With this funding round, Trace plans to expand its commercial growth, making its offerings available to more farmers and agronomists.

Device Authority: Enterprise IoT Identity And Access Management Company Secures $2 Million

By Amit Chowdhry ● Feb 22, 2024

Device Authority (a global leader in identity and access management for Enterprise IoT ecosystems) announced it has secured a further $2 million in Series A funding from Prelude, the venture practice for Mercato Partners.

Niron Magnetics: Funding Raised From Samsung Ventures, Allison Transmission, And Magna

By Amit Chowdhry ● Feb 22, 2024

Niron Magnetics (a company pioneering the world's first high-performance rare earth-free permanent magnets) announced it has received $25 million in new strategic funding. This funding round was led by Samsung Ventures. Allison Ventures (the venture capital arm of Allison Transmission) was also part of this funding round, along with one of the world’s largest automotive suppliers Magna.

Cagent Vascular: Commercial Stage Medical Device Company Raises $30 Million

By Amit Chowdhry ● Feb 22, 2024

Cagent Vascular (a rapidly growing commercial-stage medical device company) announced a Series C Financing of over $30 million. U.S. Venture Partners (USVP) led the round. The participation included new investor Blue Ridge Medical, LLC and existing investors, including Sectoral Asset Management.

Montana Technologies Raises Funding From Rice Investment Group

By Amit Chowdhry ● Feb 22, 2024

Montana Technologies announced that Rice Investment Group has committed to invest $10 million in Montana as part of a private capital consortium led by Carrier Ventures. And following the closing of its business combination with Power & Digital Infrastructure Acquisition II Corp (XPDB, XPDBU, XPDBW on NASDAQ) expected in March, Montana will trade on the NASDAQ under the ticker symbol "AIRJ".

AZmed: €15 Million Closed To Reshape The Future Of Medical Imaging

By Amit Chowdhry ● Feb 22, 2024

AZmed - a leading European MedTech startup, has secured €15 million in Series A funding. The operation includes investors such as Maison Worms, Techstars, and Teampact Ventures. The investment supports AZmed's overarching objective of shaping the future of medical imaging with artificial intelligence by accelerating the workflows of radiologists.