Startups

Tidal Cyber: Threat-Informed Defense Company Closes $5 Million In Funding

By Amit Chowdhry ● Nov 15, 2023

Tidal Cyber – a threat-informed defense company - recently announced the company raised $5 million (led by Squadra Ventures with participation from existing investors) in seed funding to accelerate the growth of its platform that enables security operations teams to proactively focus on critical threats and take action to improve their cybersecurity posture.

LXA: Singapore-Based Fintech Company Raises $10 Million

By Amit Chowdhry ● Nov 15, 2023

LXA - a technology startup focused on reimagining Asia’s mortgage ecosystem – recently announced the completion of its US$10 million seed funding round led by New Enterprise Associates (NEA), with participation from Openspace Ventures and EDBI.

Sock: $2.8 Million Closed To Help Build Wealth Through Cryptocurrency

By Annie Baker ● Nov 14, 2023

Sock – the first self-custodial investment app to offer a safer way to build wealth through cryptocurrency through unbiased financial services – recently announced its official launch today along with a $2.8 million seed funding round led by Haven Ventures, with participation from Designer Fund, Expansion, Spacecadet Ventures, Sunflower Fund and Olive Capital, as well as notable angels, including Tim Chen (CEO of NerdWallet), Mike and Albert Lee (founders of MyFitnessPal,) Dalpat Prajapati (Co-founder of Copperx and former Head of UX at Polygon) and others.

Keychain: Packaged Goods Manufacturing Platform Company Raises $18 Million

By Amit Chowdhry ● Nov 14, 2023

Keychain - a manufacturing platform for the packaged goods industry – recently announced that it has raised $18 million in seed funding in a round led by Lightspeed Venture Partners, with participation from Box Group, Afore Capital, SV Angel, and over 20 CPG industry professionals.

Toposware: Strategic Investment Round Raised To Transform Zero-Knowledge Infrastructure

By Dan Anderson ● Nov 14, 2023

Toposware - a pioneer in zero-knowledge technology – recently announced the completion of its $5 million strategic seed extension round. Evolution Equity Partners led this funding round. It featured participation from prominent investors like Triatomic Capital, K2 Access Fund, Polygon's Founder and Chairman Sandeep Nailwal, and key global insurance, finance, manufacturing, healthcare, consulting, and tech leaders.

Sigrid Therapeutics: $4 Million Raised To Address Obesity And Diabetes

By Annie Baker ● Nov 14, 2023

Sigrid Therapeutics recently announced that it has successfully secured $4 million in an oversubscribed funding round. The funding – which was from existing and new investors - underlines the strong investor confidence in Sigrid's innovative SiPore technology.

Ghost Autonomy: $5 Million Raised From OpenAI Startup Fund

By Amit Chowdhry ● Nov 14, 2023

Ghost Autonomy - a pioneer in scalable autonomy software for consumer cars – recently announced a $5 million investment from the OpenAI Startup Fund to bring large-scale and multi-modal large language models (MLLMs) to autonomous driving.

Tabnine: $25 Million Secured To Help Development Teams Accelerate And Improve Software Development

By Amit Chowdhry ● Nov 14, 2023

Tabnine - the creators of the industry’s first AI-powered assistant for developers – recently announced it raised $25 million in a Series B round, bringing its total funding to $55 million. This funding round was led by Telstra Ventures and included participation from new investor Atlassian Ventures. Existing investors Elaia, Headline, Hetz Ventures, Khosla Ventures, Qualcomm Ventures, and TPY Capital also participated.

Promise Robotics: Robotic Construction And Assembly Platform Company Raises $15 Million

By Dan Anderson ● Nov 14, 2023

Promise Robotics - an AI company developing a cloud-based industrial production platform for robotic construction and assembly – recently announced it raised $15 million in Series A funding, bringing its total funding raised to date to $25 million. This funding round was led by Horizons Ventures with participation from Radical Ventures, Public Sector Pension Investment Board (PSP Investments), and strategic investors, including the United Brotherhood of Carpenters, Relay Ventures, and Alate Partners.

Saothair Capital Partners: $125 In Capital Commitments Closed

By Amit Chowdhry ● Nov 14, 2023

Saothair Capital Partners recently announced the final closing of its inaugural fund, Saothair Fund I, L.P., with $125 million in investor capital commitments. This closing came less than five months after launching the fundraising process and was well over its initial target.

hiline Services: Strategic Investment Received From Red Iron Group

By Noah Long ● Nov 14, 2023

Red Iron Group - a Menlo Park-based private investment firm – recently announced a significant growth investment in hiline Services, LLC - a fast-growing provider of financial operations-as-a-service. Red Iron Group will provide financial, operational, and strategic support to accelerate hiline's organic growth while significantly expanding the Company's technology solutions and facilitating strategic acquisitions.

P0 Security: $5 Million Raised To Advance Solutions For Secure Cloud Access

By Dan Anderson ● Nov 14, 2023

P0 Security - the company building the industry's first unified solution to secure cloud access and developer entitlements – recently announced it has secured $5 million in seed funding led by Lightspeed Venture Partners, SV Angel, and multiple angel investors.

Bower Selected For Google.org Fellowship And Receives €1.75M Grant Funding

By Amit Chowdhry ● Nov 14, 2023

Bower – a world-unique mobile app incentivizing recycling – was selected for a Google.org Fellowship and a €1.75 million grant through Google.org Impact Challenge - Tech for Social Good.

Augmentus: Intelligent And No-Code Robotics Software Solutions Company Closes $5 Million

By Annie Baker ● Nov 14, 2023

Augmentus - a global leader in intelligent and no-code robotics software solutions - recently announced the successful completion of a $5 million Series A funding round. Sierra Ventures led this funding round along with existing seed investor Cocoon Capital.

Black Ore: AI-Based Financial Services Company Raises $60 Million

By Amit Chowdhry ● Nov 13, 2023

Black Ore - a leading AI platform for financial services - recently launched and announced $60 million in financing led by a16z and Oak HC/FT. And the company plans to use the funds to onboard new customers, grow its team, and accelerate the development of additional AI products across financial services.

Sanguine Biosciences: $10 Million Credit Financing Provided By Catalio Capital Management

By Amit Chowdhry ● Nov 13, 2023

Sanguine Biosciences - a leading biospecimen procurement services company that empowers patients to accelerate precision medicine and cell and gene therapy research and development - recently announced that it secured $10 million in credit financing from Catalio Capital Management, a leading multi-strategy healthcare and life science investment firm.

Genome Insight: Precision Healthcare Solutions Company Raises $23 Million

By Amit Chowdhry ● Nov 13, 2023

Genome Insight - a precision healthcare solutions company promoting whole-genome technology for accurate diagnosis and personalized treatment for cancer and rare disease - recently announced that it has closed a $23 million in a Series B-2 investment in its latest funding round.

Mainstream Fiber Networks To Expand With Strategic Investment From Searchlight Capital

By Dan Anderson ● Nov 13, 2023

Mainstream Fiber Networks recently announced it is planning to rapidly expanding high-speed broadband access to thousands of unserved and underserved rural Hoosier communities thanks to a new strategic investment from global private investment firm Searchlight Capital Partners, L.P.

Neteera: Contactless Patient Monitoring Market Raises $6.7 Million

By Annie Baker ● Nov 13, 2023

Neteera Technologies - an Israel-based company disrupting the contactless patient monitoring market - recently announced the successful closing of about $6.7 million Series B extension. This funding round was led by Aescuvest, a renowned healthcare investment firm, along with Foxconn Technology, an associate of Hon Hai Precision Industry, the largest electronics manufacturer globally.

ORO Labs: Workflow Orchestration Platform Closes $34 Million

By Noah Long ● Nov 13, 2023

ORO Labs - a leading global SaaS provider and creator of the world’s foremost smart workflow orchestration platform for procurement - recently announced it has raised $34 million in Series B funding led by Felicis, with participation from existing investors including Norwest Venture Partners, B Capital, and XYZ Venture Capital.

Graylog: Security Information and Event Management Company Closes $39 Million

By Amit Chowdhry ● Nov 13, 2023

Graylog - a Security Information and Event Management (SIEM) and log management company - recently announced that it has secured $39 million in funding to help continue its significant growth momentum. New investor Silver Lake Waterman and existing investors Piper Sandler Merchant Banking and Harbert Growth Partners led the financing.

NaNotics Receives Investment From LifeSpan Vision Ventures

By Noah Long ● Nov 13, 2023

LifeSpan Vision Ventures (an investment firm dedicated to longevity biotech) recently announced an investment in NaNotics LLC. This preclinical-stage biopharmaceutical company is developing NaNots, a novel subtractive nanoparticles that treats disease by capturing and clearing pathogenic molecules from blood.

Infinitum: Sustainable Air-Core Motor Company Secures Raises $185 Million

By Amit Chowdhry ● Nov 13, 2023

Infinitum - the sustainable air-core motor creator - recently announced $185 million in Series E funding led by Just Climate with participation from Galvanize Climate Solutions and NGP. Existing investors, including Alliance Resource Partners, Rockwell Automation, Riverstone Holdings, Chevron Technology Ventures, Cottonwood Technology Fund, and Ajax Strategies, also joined in this round, bringing total funding to date to $350 million. The funds will be used to expand the company and increase production to meet customer demand and drive decarbonization in the industrial sector, one of the largest and hardest-to-abate emitters of greenhouse gases.

Kasa Living: Tech-Powered Hospitality Brand Raises $70 Million

By Amit Chowdhry ● Nov 13, 2023

Kasa Living - a leading tech-powered hospitality brand - recently announced the close of a $70 million Series C fundraise. Citi Ventures and FirstMark Capital led the all-equity round with participation from new investors New York Life Ventures and Fireside Investments. And all major existing investors, including RET Ventures, Zigg Capital, and Ribbit Capital, participated in the twice-upsized and oversubscribed round.

MapLight Therapeutics: $225 Million Secured To Develop Therapeutics For Improving Brain Disorder Conditions

By Amit Chowdhry ● Nov 13, 2023

MapLight Therapeutics - a clinical-stage biopharmaceutical company working to develop targeted novel therapeutics to improve the lives of people with brain disorders - recently announced the closing of an oversubscribed $225 million Series C financing to continue the advancement of MapLight's transformative treatments for neuropsychiatric and neurological conditions.

Final Offer: Consumer-Facing Offer Management And Negotiation Platform Company Raises $5 Million

By Noah Long ● Nov 13, 2023

Final Offer - the only consumer-facing offer management and negotiation platform driven by real estate agents - recently announced it has marked a significant milestone with the successful closure of its Series A funding round by raising $5 million. This funding round will accelerate Final Offer's mission to bring transparency, fairness, and efficiency to the residential real estate market.

Imagine Pharma: $32.5 Million Raised For Development Of Novel IMG-1 Polypeptide And Associated Programs

By Dan Anderson ● Nov 13, 2023

Imagine Pharma - a biotech company focused on furthering the commercialization opportunities related to its novel IMG-1 polypeptide - recently announced that it has raised a $32.5 million Series A round, with an initial traunch of $10 million, bringing the total funding to date to $40 million. This funding round was led by IP Investors LLC, a group of seasoned investors focusing on biotech companies with attainable solutions for unmet medical needs. John T. Callaghan, CPA CFE (representing the investor group), will join the board.

Techstars Reveals Third Annual Cohort For Minnesota Twins Accelerator

By Amit Chowdhry ● Nov 13, 2023

The Minnesota Twins Accelerator by Techstars recently announced its third cohort. Driving a unique pathway in the sports landscape, this accelerator is the first of its kind in Minnesota sports and just the second to be operated and funded by a Major League Baseball club.

Gate Bioscience: $60 Million Closed To Creating A New Class Of Medicines

By Noah Long ● Nov 13, 2023

Free Market Health: $20 Million Secured To Transform The Specialty Pharmacy Ecosystem

By Annie Baker ● Nov 13, 2023

Free Market Health - a healthcare technology company transforming the specialty pharmacy ecosystem with a care-driven marketplace platform - recently announced a $20 million Series B funding round led by Questa Capital with participation from existing investors Alta Partners, Highmark Ventures, and 653 Investment Partners.