Startups

Draper Round Table And DraperX Merge To Advance Investments In High-Tech Domains

By Amit Chowdhry ● Nov 19, 2023

Draper Round Table - a web3 deals syndication platform backed by Silicon Valley investor and Bitcoin investor Tim Draper, along with NBA All-Star Baron Davis - recently announced it has merged under the DraperX syndication platform, which offers family offices the opportunity to invest directly in highly vetted deals alongside Draper and 150+ select funds.

Forward: $100 Million Funding And CarePods Revealed

By Amit Chowdhry ● Nov 18, 2023

Forward is a company that recently announced it raised $100 million in funding and unveiled the new CarePods. The funding was provided by Khosla Ventures, Founders Fund, Samsung Next, Abu Dhabi Investment Authority, and Softbank, And the company is also backed by AI luminaries like Eric Schmidt (former CEO and Chairman of Google), John Giannandrea (SVP of Artificial Intelligence at Apple), Demis Hassabis (cofounder of DeepMind), and Mustafa Suleyman (cofounder of DeepMind and Inflection AI). Forward is also advised by Medical leaders, including Regina Benjamin (18th Surgeon General of the United States) and Bob Wachter (Chair of the Department of Medicine at UCSF).

Menlo Ventures: $1.35 Billion In Capital Closed

By Amit Chowdhry ● Nov 18, 2023

Menlo Ventures recently announced the firm has raised $1.35 billion in new capital that will be invested by Menlo’s flagship venture fund Menlo XVI and Menlo Inflection III and their affiliated funds, with a mandate in investing in promising technology companies leading the AI transformation.

AppMap Launches Runtime Code Review Solution To Transform Software Quality

By Annie Baker ● Nov 18, 2023

AppMap recently announced its innovative Runtime Code Review solution to transform software quality and the developer experience. AppMap has also raised $10 million from an assembled team of investors with deep expertise in developer-led growth, DevSecOps, and the observability market. The key investors include Work-Bench Ventures, Forgepoint Capital, Venture Guides, Unusual Ventures, and Dell Technology Capital, with support from Uncorrelated Ventures, Secure Octane, Argon Ventures, and select angels.

Apiture: Digital Banking Solutions Company Closes $10 Million In Funding

By Annie Baker ● Nov 17, 2023

Apiture - a leading provider of digital banking solutions - recently announced the closing of a $10 million fundraising round led by funds and accounts advised by T. Rowe Price Investment Management, with participation from other existing investors. This investment brings the total funding raised by Apiture to $79 million since its inception in 2017.

Morf Health: $3 Million Closed To Enable Healthcare Providers To Sync Patient Data

By Amit Chowdhry ● Nov 17, 2023

Morf’s goal is to empower healthcare providers to focus on patient care, not tedious administrative tasks or IT. And the company has announced its $3 million seed round led by Kindred Ventures with participation from Uncommon Capital and Asymmetric Capital Partners.

Fortuna Health: $4 Million Raised To Simplify Medicaid Navigation

By Annie Baker ● Nov 17, 2023

Fortuna Health - a consumer-first platform simplifying Medicaid navigation - recently announced a seed investment of $4 million led by Andreessen Horowitz (a16z) Bio + Health with participation from BoxGroup and Y Combinator. This funding round will drive Fortuna's state expansion and partnerships with managed care organizations (MCOs), health systems, and service providers in the Medicaid space.

VersiFi: Digital Asset Trading Company Secures $10 Million

By Noah Long ● Nov 17, 2023

VersiFi recently announced the completion of its $10 million Series A funding led by Hunting Hill Global Capital. And VersiFi will use this funding to launch a new digital assets trading and lending business backed by institutional-grade technology, an experienced management team, and partnerships with third-party custodians.

Zip Security: Cloud-Based Identity Management Company Closes $7.7 Million

By Amit Chowdhry ● Nov 17, 2023

Zip Security recently announced it raised $7.7 million in a round of funding co-led by General Catalyst and Human Capital with participation from BoxGroup. This funding round will enable Zip to rapidly scale up the development of its software product, which currently solves cloud-based identity management, device management, and endpoint threat detection, to include more advanced capabilities like device trust, automated patch management, and identity threat detection.

ALTR: Automated Data Governance Company Raises $25 Million

By Annie Baker ● Nov 17, 2023

ALTR Solutions - a leading innovator of automated data governance and data security solutions - recently announced that it has closed on its $25 million Series C Preferred financing to meet the overwhelming demand for its SaaS-based data access governance and security solutions.

Zelig: Fashion Technology Company Raises $15 Million

By Dan Anderson ● Nov 17, 2023

Zelig - a new fashion technology company - recently announced it has secured $15 million in Series A funding to support the launch of its AI-powered virtual try-on and styling technology (VTO-S). And international financial services firm Hilco Global led the funding round, and they were joined by global luxury investor Bezikian Zareh, bringing the company to a $100 million valuation.

Cytovale: Commercial-Stage Medical Diagnostics Company Closes $84 Million In Series C Funding

By Amit Chowdhry ● Nov 17, 2023

Cytovale - a commercial-stage medical diagnostics company focused on advancing early detection technologies to diagnose fast-moving and immune-mediated diseases - recently announced it has raised $84 million in Series C funding led by Norwest Venture Partners with participation by additional new investors Sands Capital and Global Health Investment Corporation (GHIC). The funding included participation from other new and existing investors, as well as the conversion of bridge notes.

Aesthetic Partners: Clinical Practice Management Company Forms Strategic Partnership With Norwest

By Annie Baker ● Nov 16, 2023

Aesthetic Partners - a leading clinical aesthetics-focused practice management company - recently announced a strategic partnership with global investment firm Norwest to accelerate growth in new markets. And with Norwest's support, Aesthetic Partners will invest in infrastructure and expansion across existing and new clinics.

Airloom Energy: $4 Million Secured And Neal Rickner Named As CEO

By Noah Long ● Nov 16, 2023

Airloom Energy - an energy company revolutionizing utility-scale wind energy generation - recently announced the appointment of Neal Rickner as Chief Executive Officer. Rickner succeeds founder Robert Lumley, who will remain with Airloom. Rickner’s appointment also comes on the heels of Airloom Energy’s raise of $4 million in seed funding led by Breakthrough Energy Ventures and supported by investors including Lowercarbon Capital and MCJ Collective.

Volante Technologies: Cloud Payments Modernization Company Raises $66 Million

By Amit Chowdhry ● Nov 16, 2023

Volante Technologies - a global leader in cloud payments modernization - recently announced that it has secured $66 million in debt and equity financing in an investment round led by Sixth Street Growth, the technology growth investing arm of Sixth Street, with participation from Wavecrest Growth Partners and Wells Fargo Strategic Capital.

Aether Biomedical: Bionic Prosthetics Company Secures $5.8 Million

By Dan Anderson ● Nov 16, 2023

Aether Biomedical - a biotech company creating cutting-edge bionic prosthetics - recently announced the successful conclusion of a $5.8 million Series A funding round led by J2 Ventures and Story Ventures. The funding round also included participation from an existing partner, Chiratae Ventures.

Aclarity: PFAS Leader Company Closes $15.9 Million

By Amit Chowdhry ● Nov 16, 2023

Aclarity - a leader in PFAS (Per- and Polyfluoroalkyl Substances) "forever chemical" destruction - recently announced the successful completion of its Series A funding round, raising $15.9 million. This funding round was led by Aqualateral, with participation from HG Ventures, Bidra Innovation Ventures, Nor'easter Ventures, MassVentures, and Burnt Island Ventures.

Vida Health: Virtual Cardiometabolic Care Services Company Raises $28.5 Million

By Annie Baker ● Nov 16, 2023

Vida Health - a leading provider of virtual cardiometabolic care services - recently announced it has closed $28.5 million in financing led by existing investors, including General Atlantic, Ally Bridge, Canvas Ventures, Hercules Capital, and other insiders. And the company also announced the appointment of Joe Murad as Chief Executive Officer, effective immediately.

Aigen: AI-Driven Robotics Company Closes $12 Million In Funding

By Noah Long ● Nov 16, 2023

Aigen - an AI-driven robotics company - recently announced that it closed $12 million in Series A financing from leading investor ReGen Ventures and NEA, Cleveland Avenue, Incite, and Susquehanna Private Equity Investments LLLP. The funding round expands Aigen's manufacturing capacity to meet high pre-order demand and create a new agricultural era that is both sustainable and scalable.

BlastPoint: AI Consumer Analytics Company Secures Over $8 Million

By Annie Baker ● Nov 16, 2023

BlastPoint - a minority-led AI consumer analytics trailblazer - recently announced it raised over $8 million in funding with the recent investment from Curql.

Accelex: AI Automation Provider Raises $15 Million

By Annie Baker ● Nov 16, 2023

Accelex - a leading provider of AI automation for private markets data acquisition, reporting, and analytics - recently announced it had closed a $15 million Series A funding round led by FactSet, a global financial digital platform and enterprise solutions provider, with participation from existing investors Illuminate Financial, AlbionVC, SixThirty Ventures, and Expon Capital.

Trips: $2.5 Million Raised To Help Content Creators With IP And Achieve Financial Stability

By Annie Baker ● Nov 15, 2023

Trips - a first-of-its-kind platform providing content creators the tools to achieve financial stability by safeguarding their IP and transforming their copyrights into valuable assets – recently launched. And the company allows creators to establish their copyright's initial digital provenance on-chain while enabling them to turn creative assets into financial assets. Trips has also raised $2.5 million in pre-seed funding led by Shima Capital, Animal Capital, Blackwood Ventures, Serafund, and Calligraphy Digital, along with Blizzard, the Avalanche Ecosystem Fund.

Shield AI: Defense Technology Company Raises $200 Million At $2.7 Billion Valuation

By Amit Chowdhry ● Nov 15, 2023

Shield AI - the defense technology company building the world’s best AI pilot for aircraft – recently announced it had raised $200 million in Series F funding in an oversubscribed funding round. This funding round - led by U.S. Innovative Technology Fund (USIT) and co-led by Riot Ventures - with participation from Cathie Wood’s ARK Invest and returning investors Disruptive and Snowpoint, values Shield AI at $2.7 billion.

mogul: $3.6 Million Raised To Scale Real Estate Investment Platform

By Amit Chowdhry ● Nov 15, 2023

mogul – a new real-estate investment platform transforming access to premium investment opportunities – recently announced the completion of a $3.6 million seed funding round, propelling the company’s overall funding to $4.2 million.

Protecto: Leading Data Privacy Solution Company Secures $4 Million

By Dan Anderson ● Nov 15, 2023

Protecto - a leading data privacy solution enabling safer AI – recently announced the closing of a $4 million seed funding round. Together Fund led the round with participation from Better Capital, FortyTwo VC, Arali Ventures and Speciale Invest.

Tradespace: $4.2 Million In Funding Raised To Help Build Higher-Quality IP Portfolios

By Amit Chowdhry ● Nov 15, 2023

Tradespace recently unveiled the future of intellectual property (IP) with the release of its AI-powered IP Management Platform, which was created to unlock the $1 trillion in latent IP value. And the company also announced $4.2 million in a seed funding round led by Eniac Ventures with participation from Abstract Ventures, Amplo VC and Scrum Ventures, bringing the total funding raised to $5.2 million.

Trax: Image Recognition Solutions Company Closes $50 Million In Funding

By Amit Chowdhry ● Nov 15, 2023

Trax – a leading global provider of image recognition solutions transforming brick-and-mortar retail – recently announced the completion of a $50 million venture debt investment from Deutsche Bank Private Credit & Infrastructure.

Flip AI: Observability Intelligence Platform Company Closes $6.5 Million In Funding

By Amit Chowdhry ● Nov 15, 2023

Flip AI recently revealed it raised $6.5 million in seed funding led by Factory. And Morgan Stanley Next Level Fund and GTM Capital also participated. The company plans to use the funding to continue to advance its product roadmap and LLM and to expand its team and operations.

Nicole Bryl Skincare Receives Investment From DRA Family Office

By Amit Chowdhry ● Nov 15, 2023

DRA Family Office recently announced that it has closed a seed funding round with Nicole Bryl Skincare, which is an early-stage cosmetics venture founded by Nicole Bryl, a former celebrity makeup artist - who is bringing her proprietary formulations to the public for the first time.

Ridepanda Closes $7.5 Million To Advance E-Bike Commuter Benefits for Employers

By Annie Baker ● Nov 15, 2023

Ridepanda – a leading micromobility-as-a-benefit platform for public and private organizations in the U.S. – recently announced a funding round of $7.5 million in equity and debt to accelerate its goal of transforming the American commute. This funding round – which Blackhorn Ventures and Yamaha Motor Ventures led - also includes participation from existing institutional investors Proeza Ventures, Porsche Ventures, Oyster Ventures, Somersault Ventures, and General Catalyst, and new investor Urban Us Capital.