Startups

DHARMA: $4.7 Million Raised To Scale Trips Platform

By Amit Chowdhry ● Oct 4, 2023

DHARMA - a travel startup that plans and sells multi-day trips hosted by the world’s most inspiring people and brands - announced today that it raised $4.7 million in Pre-Series A funding led by San Francisco-based Convivialite Ventures, with notable participation from marketplace-focused FJ Labs, Equinox and Soul Cycle owner Stephen Ross, and media giant Liontree.

GeologicAI: Digital Rock Analysis Company Secures $10 Million

By Dan Anderson ● Oct 3, 2023

GeologicAI - a global leader in digital rock analysis - recently announced the closing of an additional $10 million in funding from Export Development Canada (EDC) as an extension to its Series A financing round led by Breakthrough Energy Ventures, bringing the total round of funding to $30 million.

Genus AI: $11 Million Secured To Build Generative AI Platform For D2C And E-Commerce Brands

By Noah Long ● Oct 3, 2023

Genus AI - a generative AI platform for D2C and e-commerce brands - recently announced it has secured over $6 million in a seed round extension, bringing the company's total seed funding to $11 million.

FUSE: Early Stage Venture Firm Launches $250 Million Sophomore Fund To Invest In Pacific Northwest Startups

By Amit Chowdhry ● Oct 3, 2023

FUSE - an early-stage venture capital firm focused on the Pacific Northwest - recently unveiled its oversubscribed $250 million sophomore fund.

ShowdMe: Series A Raised In Round Led By Spring Mountain Capital And Blue Heron Capital

By Amit Chowdhry ● Oct 3, 2023

ShowdMe - a premier compliance training partner for home care agencies and skilled nursing facilities - recently announced a Series A investment led by Spring Mountain Capital and Blue Heron Capital. The funding round will drive expansion for the company, enabling the hiring of new employees and continued growth of its products and services.

Anzu Partners: Third Venture Fund Closed To Invest In Clean Tech, Life Sciences, And Industrial Companies

By Amit Chowdhry ● Oct 3, 2023

Anzu Partners - an investment firm delivering capital and strategic support to early-stage breakthrough technology companies - recently announced it has raised over $200 million at the close of its third venture capital fund. Fund III was established to invest in companies developing next-generation solutions in clean technology, industrial innovations, and life sciences.

Auditoria: AI-Powered Finance Intelligence Application Company Raises Funding From KPMG

By Amit Chowdhry ● Oct 3, 2023

Auditoria - a pioneer in automated AI-powered intelligent applications for finance - recently announced an investment from KPMG LLP, the U.S. audit, tax, and advisory firm. This minority equity investment underscores Auditoria’s commitment and industry support for transforming finance processes and accelerating cash performance through cutting-edge AI technology.

Apax: $750 Million In Commitments Raised For First Generation Credit Funds

By Annie Baker ● Oct 3, 2023

Apax Partners LLP - recently announced that it has successfully raised about $750 million for the first generation of dedicated Apax Credit Funds. The strength of the fund raising demonstrates the solid growth and success of Apax’s credit platform.

Yale-Based Startup Banofi Leather Wins $1 Million Hult Prize for Sustainability

By Amit Chowdhry ● Oct 3, 2023

Banofi Leather has received the $1 million top prize for its plan to turn banana crop waste into a sustainable leather alternative that could help offset the fashion industry’s environmental footprint. The winning streak is continuing for Banofi Leather (a Yale University-based startup) that has won the $1 million Hult Prize 2023 in the world’s largest social entrepreneurship business competition for students.

360ofme: Seed Funding Raised From 3 Michigan-Based Investment Firms

By Amit Chowdhry ● Oct 3, 2023

360ofme - an ethical data exchange platform - recently announced that it raised seed funding from three Michigan-based investment firms while growing its team with two new executives, Kara Grasso as Head of Strategy and Revenue and Philippe Le Berre as Chief Technology Officer.

Invoke AI: $3.75 Million Secured To Build AI Software For Artists And Creative Teams

By Amit Chowdhry ● Oct 3, 2023

Invoke AI - the maker of open-source generative artificial intelligence (AI) software built for artists and creative teams - recently announced that it has secured $3.75 million in a seed funding round led by Storm Ventures, with participation by SignalFire and Universe Software.

Mundial Media: $2 Million Secured To Launch Contextual Platform For Multicultural Audiences

By Annie Baker ● Oct 3, 2023

Mundial Media - the first media platform uniting multicultural voices - recently announced $2 million in pre-seed funding led by a syndicate of family office investors, including New Day Industries, a family office focused on breakthrough software technologies.

Osteal Therapeutics: $23 Million Raised To Develop Therapies For Orthopedic Infections

By Amit Chowdhry ● Oct 3, 2023

Osteal Therapeutics - a clinical-stage biopharmaceutical company developing a new category of combination therapies for orthopedic infections - recently announced the completion of an oversubscribed $23 million Series C equity financing.

Secoda: Modern Data Management Platform Company Closes $14 Million

By Noah Long ● Oct 3, 2023

Secoda - an AI-powered modern data management platform - recently announced a $14 million Series A funding round led by Craft Ventures, who led the company's seed round in 2021.

Senser: Zero-Instrumentation Production Intelligence Company Raises $9.5 Million

By Amit Chowdhry ● Oct 2, 2023

Senser - a pioneer of zero-instrumentation production intelligence - recently emerged from stealth with $9.5 million in seed funding to launch an AIOps platform that utilizes Extended Berkeley Packet Filter (eBPF) technology to provide enterprises with deep insights into their complex cloud and IT environments.

Diligent Robotics: $25 Million Raised To Build Automation In Healthcare

By Annie Baker ● Oct 2, 2023

Diligent Robotics - a leader in robotic automation in health care - recently announced $25 million in new financing led by Canaan.

Mona Lee: $3.25 Million Closed To Make Solar Installation Affordable

By Annie Baker ● Oct 2, 2023

Mona Lee - a Boston-based startup founded by former Tesla employee Walid Halty - recently announced the successful closing of a $3.25 million seed funding round. The round included investments from prominent players in the technology and consumer sectors, such as Ludlow Ventures, Shrug VC, Palm Tree Crew (founded by Norwegian DJ Kygo), Coalition Operators, Plug and Play Ventures, and The Pags Group, owned by Boston Celtics' owner Steve Pagliuca.

CoinScan: Crypto Analytics Company Secures $6.3 Million

By Noah Long ● Oct 2, 2023

Canid: Vaccine Automation Management Company Closes $1.5 Million

By Noah Long ● Oct 2, 2023

Canid - an end-to-end platform for vaccine automation and management - recently announced that it has closed $1.5 million in new funding to expand its geographic footprint to ten new states across the U.S. and bring new tools to manage vaccine patient populations.

Vero Technologies: Wholesale Financing And Loan Servicing Platform Secures $8.5 Million

By Annie Baker ● Oct 2, 2023

Vero Technologies - a wholesale financing technology and loan servicing platform - recently announced the closing of its $8.5 million Series A funding round.

Tankfarm: Propane Distribution Platform Company Secures $23 Million In Funding

By Dan Anderson ● Oct 2, 2023

Tankfarm - a tech-enabled propane distribution platform - recently announced that it has closed on a $23 million Series B funding round led by a handful of prominent family offices and existing investors.

Navenio: University Of Oxford Spin-Off Company Closes $6.3 Million Funding To Transform Healthcare Efficiency

By Amit Chowdhry ● Oct 2, 2023

Navenio - a global location tech scaleup - recently announced that it raised $6.3 million in funding to help transform healthcare efficiency worldwide. This funding round was led by Oxford Science Enterprises and included existing investors, including G.K. Goh Ventures, Big Pi Ventures, George Robinson, and the University of Oxford.

Peregrine Hydrogen: Climate Technology Company Raises $7.8 Million

By Dan Anderson ● Oct 2, 2023

Peregrine Hydrogen - a climate technology company pioneering a dual production method for green hydrogen and valuable chemicals - recently announced an oversubscribed $7.8 million seed funding round. This funding round was led by Bidra with participation from Builders, Gates Frontier, Presidio Ventures, RiSC Capital and Schox. And Peregrine will utilize the funds to refine and scale-up their proprietary technology and expand into commodity chemical markets.

Monark: On-Demand Leadership Development SaaS Platform Company Closes $1.5 Million

By Noah Long ● Oct 2, 2023

Monark - a SaaS platform that offers on-demand leadership development for a new generation - recently announced it has closed a $1.5M seed financing round. This funding round was led by Storytime Capital, with participation from The51, Archangel, and UCeed.

Nexusflow: Generative AI-Based Cybersecurity Company Raises $10.6 Million

By Amit Chowdhry ● Oct 1, 2023

Nexusflow - a Generative AI leader targeting the cybersecurity industry - recently announced that it has raised a $10.6 million seed round led by Point72 Ventures, with participation from Fusion Fund and several AI luminaries in Silicon Valley.

EJF Capital: Over $100 Million Raised For EJF Ventures Fund

By Annie Baker ● Oct 1, 2023

EJF Capital - a global alternative asset management firm - recently announced the successful closing of EJF Ventures Fund LP with about $104 million in capital commitments. This Fund received support from both new and existing EJF investors.

Mapbox: Navigation Platform Company Raises $280 Million

By Noah Long ● Sep 29, 2023

Mapbox - a location platform powering navigation for Toyota, General Motors, and BMW - recently announced the completion of a $280 million Series E funding round led by SoftBank Group and its affiliate to drive investments into AI location services and further broaden its footprint in the automotive industry.

MotherDuck: Serverless Data Analytics Platform Company Raises $52.5 Million At $400 Million Valuation

By Amit Chowdhry ● Sep 29, 2023

MotherDuck - a builder of a serverless, easy-to-use data analytics platform based on the open-source database DuckDB - recently announced a $52.5 million round of funding. These are the details.

qbiq: AI-Based Real Estate Space Planning Company Raises $10 Million

By Annie Baker ● Sep 29, 2023

qbiq - a generative AI and visualization platform for real estate space planning - recently announced that it has raised $10 million in seed funding from strategic investors, including JLL Spark Global Ventures as well as 10D, Ocean Azul, Randomforest and M-FUND, to use generative AI to unlock the potential of any space and accelerate decision making.

Vero Technologies: Wholesale Financing And Loan Servicing Platform Company Secures $8.5 Million

By Annie Baker ● Sep 29, 2023

Vero Technologies - a wholesale financing technology and loan servicing platform - recently announced the closing of its $8.5 million Series A funding round.