Startups

Abbey Labs: Identity And Access Management Company Raises $5.25 Million

By Annie Baker ● Aug 24, 2023

Abbey Labs - an innovator in identity and access management (IAM) - recently announced that it raised a $5.25 million seed round to help companies secure and automate employee access to sensitive data infrastructure. This seed funding round was led by Point72 Ventures with participation from Haystack, Essence Ventures, and angels across the security, infrastructure, and data verticals like Emilio Escobar (CISO of Datadog), Harold Gimenez (SVP of Engineering at Hashicorp), and Pete Soderling (Founder of Data Council).

FeelBetter: $5.9 Million Secured To Optimize Medication Management For Polypharmacy Patients

By Noah Long ● Aug 24, 2023

FeelBetter - a leading provider of medication management technology and pioneer of Pharmaco-Clinical Intelligence - recently announced that it has raised $5.9 million in funding. And Firstime Ventures and Shoni Health Ventures led the funding round with participation from Random Forest VC, The Group Ventures, and existing FeelBetter investor Triventures, bringing the Company's total funding to $8 million.

Nile: Next-Generation Enterprise Network Company Secures $175 Million

By Dan Anderson ● Aug 24, 2023

Topline Pro: $12 Million Secured To Enable Home Services Professionals To Manage And Scale Businesses Online

By Noah Long ● Aug 24, 2023

Topline Pro - a Generative AI platform enabling home services professionals to manage and scale their businesses online - recently announced $12 million in Series A funding led by Forerunner Ventures (Brian O'Malley) along with support from Bonfire Ventures (Jim Andelman), TMV (Soraya Darabi), BBG Ventures (Susan Lyne).

Cyble: Threat Intelligence Provider Closes $24 Million In Funding

By Annie Baker ● Aug 24, 2023

Cyble - a rapidly growing threat intelligence provider that blends cybersecurity and artificial intelligence to develop state-of-the-art threat intelligence solutions - recently announced a $24 million Series B funding round.

Genomes.io: Biotech Company Secures $20 Million For Monetization Of Genomic Data

By Noah Long ● Aug 24, 2023

Genomes.io - a biotech company focused on the safe, private, and auditable monetization of genomic data - recently announced that it has revealed its partnership with the Bahamas-based digital asset investment firm GEM Digital Limited.

ReflexAI: AI-Powered Training And Quality Assurance Company Raises $3.3 Million

By Annie Baker ● Aug 24, 2023

ReflexAI - a provider of AI-powered training and quality assurance tools for high-stakes call centers - recently announced its first round of venture funding. Led by Footwork, the $3.3 million oversubscribed round included Emerson Collective, Alt Capital, Gaingels, and angel investors with expertise across healthcare and technology innovation.

DeckMatch: €1 Million In Pre-Seed Raised To Help VCs By Automating Startup Pitch Deck Analysis

By Amit Chowdhry ● Aug 22, 2023

DeckMatch is an Oslo-based technology platform transforming how VCs handle and evaluate inbound startup pitches. And the company announced recently that it has raised a €1 million pre-seed round co-led by Alliance VC and Skyfall Ventures. Serial entrepreneur and Copenhagen-based super angel Nicolaj Højer Nielsen also joined the round.

Sapphire Technologies: $10 Million Secured To Develop Energy Recovery Systems For Hydrogen And Natural Gas Applications

By Amit Chowdhry ● Aug 22, 2023

Sapphire Technologies - a developer and manufacturer of energy recovery systems for hydrogen and natural gas applications - recently announced that it closed its Series B funding round.

ZetaChain: Layer-One Blockchain Company Raises $27 Million To Bring Universal Interoperability To Crypto

By Amit Chowdhry ● Aug 22, 2023

ZetaChain - a layer-one blockchain that brings universal interoperability to crypto - recently announced it has closed a $27 million equity funding round from a range of top participants. The participants in the funding round include Blockchain.com, Human Capital, VY Capital, Sky9 Capital, Jane Street Capital, VistaLabs, CMT Digital, Foundation Capital, Lingfeng Capital, GSR, Kudasai, Krust, and others.

Apica Raises $10 Million And Buys LOGIQ.AI

By Dan Anderson ● Aug 21, 2023

Apica - the leader in synthetic monitoring and observability - recently announced its agreement to buy observability data fabric startup LOGIQ.AI. And Apica also announced it has raised $10 million in funding from existing investors Industrifonden, SEB Foundation, and Oxx.

Blue Laser Fusion: Novel Laser Fusion Technology Company Secures $25 Million

By Annie Baker ● Aug 21, 2023

Blue Laser Fusion (BLF) - a private venture funded company with a novel laser fusion technology - recently announced it has raised a total of $25 million in its first Series Seed round funding. The major investors are two top-tier venture capitalists in Japan: JAFCO Group Co., Ltd. and SPARX Group Co., Ltd (Mirai Creation Fund III).

GlossGenius: Beauty Sector Business-In-A-Box Platform Company Closes $28 Million

By Noah Long ● Aug 21, 2023

GlossGenius - a business-in-a-box platform for small businesses in the beauty and wellness sector - recently announced a $28 million Series C funding round. This equity round was led by the Growth Fund of L Catterton, a leading global consumer-focused investment firm, with participation from Bessemer Venture Partners and Imaginary Ventures. And this is the second up-round for GlossGenius in the last year and has brought the company’s total funding to approximately $70 million.

Energize Capital: Climate Software Investor Raises $300 Million

By Amit Chowdhry ● Aug 21, 2023

Energize Capital (previously Energize Ventures) - a leading climate software investor - recently announced the close of its second growth fund, bringing the firm's total capital commitments for the growth equity platform to $300 million.

ev.energy: EV Managed Charging Software Platform Secures $33 Million

By Annie Baker ● Aug 21, 2023

ev.energy - a leading electric vehicle (EV) managed charging software platform - recently announced its $33 million Series B raise, bringing total funded capital to $46 million. This funding round was led by National Grid Partners (NGP) with support from Aviva Ventures, WEX Venture Capital and InMotion Ventures (the investment arm of Jaguar Land Rover). The funding round also saw continued support from existing investors Energy Impact Partners (EIP), Future Energy Ventures (FEV), and ArcTern Ventures.

RapidAI: $75 Million Closed To Develop AI Workflow Solutions To Combat Life-Threatening Diseases

By Dan Anderson ● Aug 21, 2023

RapidAI - a leader in developing AI and technology workflow solutions to combat life-threatening neurovascular, cardiac, and vascular diseases - recently announced $75 million in Series C funding led by Vista Credit Partners, a subsidiary of Vista Equity Partners and strategic financing partner focused on the enterprise software, data, and technology markets. And this funding round aims to drive platform innovation to support more disease states and go-to-market functions to accelerate growth in new regions and product verticals.

Tribal Diagnostics: Native American-Owned Medical Diagnostics Company Raises $3.2 Million

By Annie Baker ● Aug 21, 2023

Raven Indigenous Capital Partners recently announced an investment into Tribal Diagnostics, a Native American-owned high complexity medical diagnostics laboratory serving medical providers in and around Indian Country. The $3.2 million investment will fund growth into new markets, lab service innovations, and increased hiring. And Tribal Diagnostics is growing to meet the needs of more clients in more locations.

Mobilo: Digital Business Card Company Raises $4.1 Million

By Amit Chowdhry ● Aug 21, 2023

Mobilo - the maker of the first smart business card for teams and the digital business card scene - recently announced it raised $4.1 million in seed funding. Deepwork Capital, TMT Investments, and some Dutch angel investors provided the funding. The company is now primed to make artificial intelligence (AI) the new best friend of your networking events and meetings, turning casual encounters into lead-generation opportunities.

Beeyond Media: Programmatic Digital Out of Home Ad Demand-Side Platform Closes $10 Million

By Dan Anderson ● Aug 21, 2023

Beeyond Media - a leading programmatic Digital Out of Home (DOOH) advertising demand-side platform (DSP) - recently announced the closing of a $10 million seed round led by Ricardo Uribe of RAU Capital and Beeyond Media board member. This latest funding round will be used to scale the Beeyond business in the United States and Latin America and help Beeyond Media expand its vast connected inventory in other markets throughout 2024. This latest round of funding brings total dollars raised to $12.5 million.

UV Angel: $11 Million Closed For Developing IoT-Based Tech For Reducing Health And Safety Hazards

By Noah Long ● Aug 21, 2023

Pallas Ventures - a dual-use venture capital firm specializing in national security, defense, and innovation - recently announced an investment in UV Angel, an IoT-based technology company that reduces health and safety hazards. The $11 million Series A Round extension comes after significant market and technology advances by the company.

HerMD: $18 Million Secured To Improve Women’s Healthcare

By Annie Baker ● Aug 21, 2023

HerMD - a female-founded physician-led women’s health provider committed to revolutionizing women’s healthcare - recently announced it has secured $18 million in an oversubscribed Series A-1 round led by existing investor JAZZ, with participation from B-Flexion and Amboy Street Ventures. This new funding round brings HerMD’s total funding to nearly $30 million.

Verdigris: $10 Million Raised To Accelerate Adoption Of AI-Powered Energy Management Platform

By Annie Baker ● Aug 21, 2023

Verdigris - a leading provider of AI-powered energy management solutions - recently announced an investment of $10 million to support the company’s next growth phase. And Verdigris’ platform provides carbon-intensive enterprises with the highly granular, real-time data and analysis needed to progress towards net zero goals, reduce Scope 2 emissions, and maintain compliance with emerging disclosure requirements.

DynamoFL: $15.1 Million Closed For Scaling Enterprise Privacy-Focused Generative AI

By Noah Long ● Aug 20, 2023

DynamoFL recently announced that it had closed a $15.1 million Series A funding round to meet demand for its privacy- and compliance-focused generative AI solutions. Fresh off a recent $4.2 million seed round, the company has raised $19.3 million to date. And DynamoFL's flagship technology, which enables customers to safely train Large Language Models (LLM) on sensitive internal data, is already in use by Fortune 500 companies in finance, electronics, insurance, and automotive sectors.

ElectroTempo: Planning And Intelligence Platform For Electric Charging Networks Raises $4 Million

By Dan Anderson ● Aug 20, 2023

ElectroTempo - a pioneer in planning and intelligence software for electric charging networks - recently announced that it raised $4 million in seed funding. The funding round was led by Buoyant Ventures (a women-owned Chicago-based venture capital firm focusing on technology start-ups looking to combat climate change). The company's lead pre-seed investor, Schematic Ventures, returned to participate in the round, and a venture fund associated with a key customer Zebox Ventures, also joined the coalition.

Marqo: Multimodal Vector Search Company Secures $5.2 Million

By Noah Long ● Aug 20, 2023

Marqo - a startup enabling AI-powered search and discovery - announced it had closed US $ 5.2 million in seed investment. And the funding round - led by Blackbird Ventures - also includes the support of Creator Fund, January Capital, and Cohere's co-founders, Ivan Zhang and Aidan Gomez. This funding round will be used to develop a new form of vector search technology that continuously improves based on user engagement, differentiating it from existing vector databases.

ShipCalm: E-Commerce Fulfillment And Third-Party Logistics Provider Company Closes $2 Million

By Noah Long ● Aug 20, 2023

ShipCalm - an e-Commerce fulfillment and third-party logistics provider, has announced it will use a recent $2 million financing round to help small-to-medium-sized businesses (SMBs) further solve these operational challenges.

Mitra Chem: Lithium-Ion Battery Materials Company Secures $60 Million

By Annie Baker ● Aug 20, 2023

Mitra Future Technologies - a leading innovator in North American production of lithium-ion battery materials - recently announced the completion of a $40 million first close of $60 million Series B funding round led by GM. This funding round will fuel Mitra Chem's mission to develop, deploy and commercialize U.S.-made iron-based cathode materials to enable mass-market electrification for electric vehicles, energy storage solutions, and beyond.

D’Amelio Brands: $5 Million Raised To Expand Into Food And Beverage Sector

By Amit Chowdhry ● Aug 20, 2023

D'Amelio Brands - a new venture and cross-platform company created by entrepreneurs Marc and Heidi and social media stars Dixie and Charli - recently announced a $5 million strategic investment from the consumer-focused media and tech firm Fifth Growth Fund (FGF). This funding round will drive the company's expansion into the Food & Beverage sector, with the imminent launch of D'Amelio Foods.

Northleaf Invests $200 Million In Tillman FiberCo

By Noah Long ● Aug 20, 2023

Tillman FiberCo, LLC (a leading developer and owner of symmetrical gigabit broadband) and Northleaf Capital Partners (a leading global private markets investment firm) recently announced a strategic partnership. The funds managed by Northleaf have made an initial investment of $200 million, with the potential to invest up to $300 million more as Tillman FiberCo scales its operations.

Mixlab: Pet Prescription And Wellness Solutions Company Raises $10 Million

By Amit Chowdhry ● Aug 18, 2023

Mixlab - a veterinarian-partnered pharmacy and leader in pet prescription and wellness solutions company - recently announced a $10 million funding round led by Vanterra Ventures, with participation from Lakehouse Ventures and others. And The investment will fuel Mixlab’s ambitious growth plans, enabling the company to expand its operations and product offering further, enhance its technology platform, and reach profitability.