Startups

Noetik: AI-Native Biotechnology Company Closes $14 Million In Funding

By Annie Baker ● Sep 12, 2023

Noetik - an AI drug discovery company utilizing machine learning and proprietary human data to develop precision therapeutics in immuno-oncology - recently announced that it closed an oversubscribed $14M seed financing round led by DCVC, with participation from Zetta Venture Partners, 11.2 Capital, Catalio Capital Management, Epic Ventures, Intermountain Ventures, North South Ventures, Chau Khuong and CJNV BioVentures, Enveda Founder and CEO, Viswa Colluru and Hummingbird Nomads Fund, and Recursion CEO & CFO, Chris Gibson and Michael Secora.

GHGSat: Greenhouse Gas Emissions Intelligence Company Raises $44 Million

By Dan Anderson ● Sep 12, 2023

GHGSat - a global leader in greenhouse gas emissions intelligence - recently announced that it has completed its Series C1 funding round for a total of US $44 million in equity and debt. The company has raised over US $126 million since its inception in 2011.

BlueWave: $91 Million Raised To Transform Access To Renewable Energy

By Annie Baker ● Sep 12, 2023

BlueWave - a leading solar developer, owner, and operator in the Northeast U.S. - recently announced a major financing milestone that will enable the B Corp to achieve long-term ownership and management of its growing portfolio. The $91 million financing includes a debt raise of $64 million with KeyBank and a tax equity raise of $27 million with U.S. Bancorp Impact Finance for the construction and long-term financing of five projects in Massachusetts featuring innovative dual-use solar development attributes, also known as agrivoltaics, that are strategically implemented to benefit all parties impacted by the projects, including landowners, farmers, and surrounding community members. KeyBanc Capital Markets served as the coordinating lead arranger for the debt financing.

Shop Circle: E-Commerce Software Operator Company Raises $120 Million

By Annie Baker ● Sep 11, 2023

Shop Circle - a one-stop-shop software provider for e-commerce brands - recently announced the successful completion of its Series A funding round, raising $120 million. The funding round was led by 645 Ventures and 3VC, with notable participation from previous backers QED Investors and NfX, with the credit facility provided by i80 Group. This funding round was raised through a strategic combination of equity and debt.

Air Street Capital: New $121 Million Fund Closed To Invest In AI Companies

By Amit Chowdhry ● Sep 11, 2023

Air Street Capital is a VC firm investing in AI-first technology and life science companies. The firm recently announced that it closed a new $121 million fund.

CLARA Analytics: $24 Million Secured For AI-Based Insurance Claim Optimization

By Annie Baker ● Sep 11, 2023

CLARA Analytics - a leading provider of artificial intelligence (AI) technology for insurance claims optimization - recently announced its $24 million Series C funding, bringing its total funding to $60 million. This funding round was led by new investor Spring Lake Equity Partners, with participation from existing investors, including Aspen Capital Group, Oak HC/FT, and QBE Ventures.

Open Cosmos: $50 Million Raised To Democratize Access To Space Data

By Amit Chowdhry ● Sep 11, 2023

Open Cosmos – a leading space tech business making satellites that gather data to solve pressing global challenges – recently announced that it has raised $50 million in Series B funding from three leading impact investors, ETF Partners, Trill Impact, and A&G. The funding round also included Accenture Ventures, Banco Santander InnoEnergy Climate Tech Fund and Claret Capital Partners, with participation from Taavet Hinrikus and Kheng Nam Lee.

Qualiti.ai: Test Automation Solution Company To Expand Sales With New Funding Round

By Amit Chowdhry ● Sep 8, 2023

Qualiti.ai - a Utah-based software test automation solution - recently announced the closing of a $6.5 million seed round. Sierra Ventures led this funding round, with participation from Epic Ventures.

Viome Life Sciences To Expand Retail Expansion Efforts With New Funding Round

By Annie Baker ● Sep 8, 2023

Viome Life Sciences - a longevity company committed to translating scientific advancements into practical and individualized health solutions - recently announced the successful closure of its $86.5 million oversubscribed Series C funding round. The major investors include Khosla Ventures, Bold Capital, WRG Ventures, and other existing and new ones. And the funding round brings Viome's total to $175M and will be used to support research and development and retail expansion efforts.

FIGUR8 To Advance bioMotion Assessment Platform With New Funding Round

By Noah Long ● Sep 8, 2023

FIGUR8 - a leading innovator in the measure of musculoskeletal (MSK) health, has successfully closed a $25 million Series A-1 funding. The funding round was led by First Spark Ventures (FSV) with participation from DigiTx Partners and Phoenix Venture Partners.

SportsVisio: Bringing Generative AI To Sports Analytics With New Funding Round

By Dan Anderson ● Sep 8, 2023

SportsVisio - a new AI-powered software company bringing image-based deep learning to the sports analytics space - recently announced a $3 million seed round led by Sapphire Sport, a first-of-its-kind early-stage investment platform at the intersection of tech, media, entertainment, and sport. SportsVisio's AI technology is bringing augmented reality to the amateur sports level, allowing players, coaches, and parents to record any game or live event on their smartphone and enabling users to stream live, review statistics, access insightful analytics, and create real-time highlights.

Olis Robotics: University of Washington Spinoff To Address Remote Robot Management Demand With New Funding Round

By Amit Chowdhry ● Sep 8, 2023

Olis Robotics - a remote monitoring, control, and error recovery technology specialist for industrial robots - recently announced that it has raised $4.1 million funding in a round led by PSL Ventures. And additional investors include Tectonic Ventures, Ubiquity Ventures, and several prominent strategic angel investors, including robotics pioneer Daniel Theobald, the President and co-founder of MassRobotics and Founder and Chairman of Vecna Robotics.

Story Protocol: $54 Million Closed To Manage The Lifecycle Of IP Development

By Noah Long ● Sep 7, 2023

Story Protocol - an open infrastructure designed to power a new era of creativity and intellectual property (IP) ownership - announced it has raised more than $54 million in funding led by a16z crypto. The company is creating a new IP protocol optimized for the internet era. and aims to democratize IP creation through a global and extensible IP repository.

Josys: SaaS And Device Management Company Secures $93 Million In Funding

By Amit Chowdhry ● Sep 7, 2023

Josys - a leading SaaS and Device Management Platform - recently announced a successful Series B funding round of $93 million, bringing the total funding to $125 million. Global Brain and Globis Capital Partners led the round.

Mediafly: Revenue Enablement Company To Advance Strategy With New $80 Million Funding Round

By Amit Chowdhry ● Sep 7, 2023

dcbel To Accelerate Home Energy Station With New Funding Round

By Dan Anderson ● Sep 7, 2023

Smart home energy company dcbel and existing investors Volvo Cars, Coatue, Kevin Mahaffey, and Real Ventures recently announced that they welcomed Idealist Capital following the closing of a successful $50+ million Series B funding round.

Otto (Formerly TeleVet) To Advance Customer Engagement Platform For Veterinary Clinics With New Funding Round

By Amit Chowdhry ● Sep 7, 2023

Otto (formerly TeleVet) - a leading customer engagement platform for veterinary clinics - recently announced a $43 million Series B round of equity financing.

Innovac Therapeutics: mRNA Therapeutics Company Closes $18 Million In Funding

By Annie Baker ● Sep 7, 2023

mRNA therapeutics company Innovac Therapeutics recently announced the completion of an $18 million Series Pre-A financing. The funding round includes Elikon Venture, Vision Plus Capital, Yunion Healthcare Ventures, TG Sino-Dragon Fund, and other industry and private individuals. And the proceeds will be used to develop further its technology platform and manufacturing capability to advance its lead programs to the clinical stage.