Startups

Spektion: $5 Million (Seed) Raised For Software Vulnerability Management Solutions

By Amit Chowdhry ● Apr 9, 2025

Software vulnerability management leader Spektion announced the general availability of its purpose-built solution, Spektion, which enables vulnerability management teams to address software risks based on their runtime behavior proactively. The company also revealed that it is backed by $5 million in seed funding led by LiveOak Ventures. The funding round also included participation from Tau Ventures and Dauntless Ventures.

Starday: $11 Million (Series A) Raised For Expanding Food Innovation And Retail Partnerships

By Amit Chowdhry ● Apr 9, 2025

Starday, an AI-based food innovation company reinventing category growth, announced it has raised $11 million in Series A funding to accelerate retail expansion and develop first-of-its-kind partnerships with retailers and CPG brands to create bespoke products. The funding round was led by Slow Ventures and Equal Ventures and it includes $8 million in equity and $3 million in a debt credit facility from Silicon Valley Bank, along with investment from large global food and beverage companies. This funding round brings Starday’s total funding to $20 million in equity and debt.

Tracera: $12 Million (Series A) Raised For AI-Based Corporate Sustainability Platform

By Amit Chowdhry ● Apr 9, 2025

Tracera, an AI-based platform that automates the collection, verification and auditing of sustainability data with finance-grade accuracy and traceability, announced a $12 million Series A round, led by Foundry, with participation from Rho Ignition, Tola Capital, and Contour Venture Partners.

Aurascape: $50 Million Raised For AI-Native Security Platform

By Amit Chowdhry ● Apr 9, 2025

Aurascape, a provider of AI-native security, announced its launch after one year of stealth operations with $50 million in funding. The lead investors include Mayfield Fund and Menlo Ventures, along with a strategic set of investors such as Celesta Capital and security industry leaders, including former Palo Alto Networks CEO Mark McLaughlin, former Symantec CEO Greg Clark, the Chairman of Walden International Lip-Bu Tan, and former Zscaler Chief Strategy Officer Manoj Apte.

Solu Therapeutics: $41 Million (Series A) Raised For Developing Therapies To Eliminate Disease-Driving Cells

By Amit Chowdhry ● Apr 9, 2025

Solu Therapeutics, a biotechnology company pioneering therapies to eliminate disease-driving cells in cancer, immunology, and other therapeutic areas, announced the completion of a $41 million Series A financing that included participation from five new investors – Eli Lilly and Company, Biovision Ventures, Pappas Capital, Hengdian Group Capital (HgC), and The Leukemia & Lymphoma Society Therapy Acceleration Program along with continued support from existing Solu investors Longwood Fund, DCVC Bio, Santé Ventures, Astellas Venture Management, and Alexandria Venture Investments.

Dunmor: $150 Million Raised For Residential Real Estate Investment Loan Platform

By Amit Chowdhry ● Apr 9, 2025

Dunmor, a provider of bridge, fix and flip, ground-up construction and DSCR rental loans for real estate developers across the United States, announced a series of achievements marking its momentum this year. These achievements include reaching a new milestone of $150 million in funding, the appointment of Jim Cooper, executive vice president of capital markets, a license to operate in Arizona, a broker portal, and soon a license to operate in Nevada and a new office in Irvine, California.

Office Ally: Funding Raised From New Mountain Capital And Francisco Partners

By Amit Chowdhry ● Apr 9, 2025

Office Ally, a healthcare technology company providing a comprehensive suite of cloud-based clearinghouse and software solutions to a national network of healthcare providers, partners, and health plans, announced a strategic growth investment from New Mountain Capital (a growth-oriented investment firm with over $55 billion in AUM). Francisco Partners, which originally invested in Office Ally in 2021, will also reinvest with management.