Startups

Wavegate: Neuromodulation Technology Company Reveals $26 Million (Series A) Round

By Amit Chowdhry ● Dec 12, 2024

Wavegate, a pioneering developer of neuromodulation technology for chronic pain management, announced it has secured a lead investor in their $26 million Series A funding round led by UCEA Capital Partners, a London-based investment firm. This funding will accelerate the development of Wavegate's proprietary Ellipse platform, featuring StimuLux technology, designed to provide breakthrough therapeutic solutions for chronic pain patients.

Kaymbu: Classroom Engagement Company Raises Growth Funding

By Amit Chowdhry ● Dec 12, 2024

Kaymbu - a leading classroom documentation and family engagement platform for early childhood education - announced it has landed a growth funding package from Decathlon Capital Partners. This revenue-based financing package will support Kaymbu's continued investment in platform development, expansion of client service capabilities, and new customer growth. The details of the revenue-based funding transaction were not disclosed.

Ayar Labs: $155 Million Secured At $1+ Billion Valuation To Address Needs For Cost-Effective AI Infrastructure

By Amit Chowdhry ● Dec 12, 2024

Ayar Labs, a leader in optical interconnect solutions for large-scale AI workloads, announced it has secured $155 million in funding led by Advent Global Opportunities and Light Street Capital to break down the AI bottleneck of data movement with its optical I/O technology. This brings the total funding to $370 million and raises the company’s valuation to above $1 billion.

Silent Push: Preemptive Cybersecurity Intelligence Company $10 Million (Series A)

By Amit Chowdhry ● Dec 12, 2024

Silent Push - a leading preemptive cybersecurity intelligence company - announced a $10 million Series A funding round co-led by Ten Eleven Ventures and Stepstone Group LP. This and its early seed round bring its total funding to $22 million.

eSelf: $4.5 Million (Seed) Closed To Create Face-To-Face Conversational AI Agents

By Amit Chowdhry ● Dec 11, 2024

eSelf - a platform for businesses to create face-to-face conversational AI agents - announced the official launch of their solution along with $4.5 million in seed funding. The funding round was led by Explorer Investments, with participation from Ridge Ventures and strategic angel investors, including Eyal Manor (former VP of Engineering at YouTube and Chief Product & Engineering Officer at Twilio).

Stigg: $17.5 Million (Series A) Raised For Modernizing Software Monetization

By Amit Chowdhry ● Dec 11, 2024

Stigg, which is the first unified monetization platform for engineers, announced $17.5 million in series A funding, led by Red Dot Capital Partners, with participation from Unusual Ventures, Emerge Ventures, Redseed, and Cerca Partners. This funding brings the company's total funding to $24 million.

Flare: Threat Exposure Management Company Raises $30 Million (Series B)

By Amit Chowdhry ● Dec 11, 2024

Flare, a global leader in Threat Exposure Management (TEM), announced its $30 million Series B Round led by Base10 Partners with participation from Inovia Capital, White Star Capital, and Fonds de solidarité FTQ.

Fleet: Australia-Based Space Exploration Company Raises $100 Million (Series D) Raised At $525 Million Valuation

By Amit Chowdhry ● Dec 11, 2024

Fleet Space Technologies - which is Australia's leading space exploration company - announced the closing of a $100M Series D funding round led by Teachers' Venture Growth (TVG), the late-stage venture and growth investment arm of Ontario Teachers' Pension Plan, and joined by existing investors Blackbird Ventures, Hostplus, Horizons Ventures, Artesian Venture Partners, and Alumni Ventures.

ProvLabs: Blockchain Infrastructure Company Raises Seed Funding

By Amit Chowdhry ● Dec 11, 2024

ProvLabs, a provider of blockchain infrastructure technology solutions that enable real-world assets to be deployed at scale, announced it has completed a seed round fundraising and carve-out from Provenance Blockchain Foundation.

LambdaTest: $38 Million Raised By AI-Based QA Agent-As-A-Service

By Amit Chowdhry ● Dec 10, 2024

LambdaTest, a leading cloud-based unified testing platform, announced it raised a $38 million funding round led by Avataar Ventures, with participation from Qualcomm Ventures. This brings the total funding to $108 million.

WeaveGrid: $28 Million Raised By EV Software Company

By Amit Chowdhry ● Dec 10, 2024

WeaveGrid - a software company that enables rapid electric vehicle (EV) adoption on the electric grid - announced $28 million in funding, led by Toyota's growth fund Woven Capital. And existing investors Activate Capital, Collab Fund, Emerson Collective, and Salesforce Ventures participated, with debt provided by HSBC Innovation Banking.

Gentrace: $8 Million (Series A) Secured By GenAI Testing And Monitoring Company

By Amit Chowdhry ● Dec 10, 2024

Gentrace - a developer platform for testing and monitoring generative AI applications - announced an $8 million Series A funding round led by Matrix Partners, with participation from Headline and K9 Ventures. The funding round, bringing Gentrace's total funding to $14 million, comes as the company launches its groundbreaking tool, Experiments, enabling the first truly collaborative LLM product testing environment that extends beyond engineering teams.

Raptor Maps: $35 Million (Series C) Raised By Solar Asset Management Company

By Amit Chowdhry ● Dec 10, 2024

Raptor Maps announced an oversubscribed Series C financing round. The $35 million growth investment was led by Maverix Private Equity, with significant participation from existing investors MKB, Blue Bear Capital, Congruent Ventures, Buoyant Ventures, and Y Combinator.

Astrix Security: $45 Million (Series B) Raised To Secure Non-Human Identities

By Amit Chowdhry ● Dec 10, 2024

Astrix Security - a trusted solution for securing non-human identities (NHIs) - announced $45 million in Series B funding led by Menlo Ventures with the participation of Workday Ventures, and existing investors, Bessemer Venture Partners, CRV, and F2 Venture Capital.