Startups

MindsDB: $46.5 Million In Total Seed Raised After Securing Funding From NVIDIA’s VC Arm

By Amit Chowdhry ● Aug 13, 2023

MindsDB - an artificial intelligence virtual database enabling the creation of the next wave of AI-centered applications - recently announced an investment from NVentures (NVIDIA’s venture capital arm), raising total seed funding at $46.5 million.

Ozlo Sleep: $10 Million Funding And Sleepbuds Product On The Way

By Noah Long ● Aug 12, 2023

Ozlo Sleep - a science-driven sleep and audio technology company - recently emerged from stealth today with plans to launch Ozlo Sleepbuds, a revolutionary headphone explicitly designed for sleep. And Ozlo aims to clinically enhance rest without pharmaceutical intervention to improve both wakefulness and the quality of mental and physical well-being. Ozlo’s Sleepbuds will launch later this summer after completing a $10 million Series A funding round led by LifeArc Ventures and ARTIS Ventures last fall.

Resilience: Cyber Risk Solution Company Secures $100 Million To Accelerate Global Expansion

By Amit Chowdhry ● Aug 12, 2023

Resilience recently announced a $100 million equity financing round to accelerate its global expansion and scale the adoption of its holistic cyber risk platform, the Resilience Solution - which launched earlier this year. And the Series D round was led by Intact Ventures, an affiliate of Resilience’s primary capacity provider, Intact Insurance’s underwriting companies, with participation by Lightspeed Venture Partners along with General Catalyst and Founders Fund.

Intellum: Enterprise Learning Management Company Secures $25 Million

By Annie Baker ● Aug 12, 2023

Intellum - a leading enterprise learning management system - recently announced a $25 million minority growth investment from Guidepost Growth Equity. This partnership is going to accelerate the company's product development, go-to-market, and key hiring initiatives and enhance its ability to deliver a new class of product targeting the two biggest challenges facing business education initiatives today: scaled content and engagement.

TytoCare: Virtual Care Company Raises $49 Million

By Annie Baker ● Aug 11, 2023

TytoCare - a virtual care company enabling leading health plans and providers to deliver accessible and high-quality primary care from home - recently announced that it has raised $49 million in additional growth funding. This new funding round brings the company’s total funding to $205 million to date.

VenoStent: $16 Million Closed To Develop Bioabsorbable Wraps For Improving Outcomes For Hemodialysis Patients

By Amit Chowdhry ● Aug 11, 2023

VenoStent - a clinical-stage, venture-backed, therapeutic medical device company developing bioabsorbable wraps for improving outcomes for hemodialysis patients - recently announced that they have been granted Investigational Device Exemption (IDE) from the FDA for their US clinical trial, SAVE-FistulaS, and have completed a $16 million Series A financing to fund these efforts.

Akkio: $15 Million Secured To Deliver Generative Analytics And ML To Businesses

By Noah Long ● Aug 11, 2023

Akkio - an AI company delivering generative analytics and machine learning to businesses - recently announced that it had closed a $15 million Series A with participation by Bain Capital Ventures (BCV) and Pandome. This funding round accelerates the commercialization of Akkio’s powerful, easy-to-use, and affordable AI platform. Plus, Akkio has hundreds of customers that chat with their data, generate live dashboards, and use machine learning to predict future outcomes across their operations, such as lead scoring, forecasting, content optimization, and more.

Konscious Foods: Plant-Based Seafood Company Raises $26 Million

By Annie Baker ● Aug 11, 2023

Konscious Foods - a plant-based seafood brand - recently announced that it has closed its Series Seed financing round, in which it raised $26 million. The funding to date has included participation from Protein Industries Canada, Zynik Capital, Walter Group, and others.

Simon Data Raises $54 Million To Build Connected Applications With Other Cloud Warehouses

By Amit Chowdhry ● Aug 11, 2023

Simon Data - a leading customer data platform (CDP) - recently announced the successful completion of its Series D funding round, securing $54 million in investment. This funding round was led by Macquarie Capital with participation from several existing investors, including Polaris, .406, and F-Prime, underscoring the confidence in Simon Data's vision and its ability to set a new standard for personalized, cross-channel marketing globally.

GoStudent: Leading Tutoring Platform Company Raises $95 Million

By Dan Anderson ● Aug 11, 2023

GoStudent - one of the world’s leading tutoring providers and education platforms - recently announced a strategic $95 million raise, using funds to realize the company’s hybrid vision and double-down on AI integration.

Pony.ai: Autonomous Driving Company Secures Over $139 Million In Joint Partnership With Toyota

By Annie Baker ● Aug 11, 2023

Pony.ai - a leading global autonomous driving company - recently held a joint venture signing ceremony recently with Toyota Motor (China) Investment Co., Ltd. (TMCI) and GAC Toyota Motor Co., Ltd. (GTMC). The three parties announced they would form a joint venture to advance the future mass production and large-scale deployment of fully driverless robotaxis. The joint venture company will be established this year with an estimated investment of more than RMB 1 billion (approx. USD 139.2 million).

Hybar: $700 Million Raised To Operate Environmentally Sustainable Scrap Metal Recycling Steel Rebar Mill

By Amit Chowdhry ● Aug 11, 2023

Hybar - a newly formed company - recently announced that it successfully raised $700 million of debt and equity financing to build, startup, and operate a technologically advanced, environmentally sustainable scrap metal recycling steel rebar mill.

CodeScene: Software Engineering Intelligence Company Secures €7.5 Million In Funding

By Annie Baker ● Aug 11, 2023

CodeScene - an innovative Software as a Service (SaaS) company specializing in Software Engineering Intelligence (SEI) - recently announced it has successfully raised €7.5 million in funding. Neqst led this funding round.

Neuralink: Brain Implant Company Raises $280 Million

By Annie Baker ● Aug 10, 2023

Neuralink - the brain implant company founded by Elon Musk, Max Hodak, Tim Hanson, Tim Gardner, Venessa Tolosa, Ben Rapoport, Paul Merolla, Dongiin Seo, and Philip Sabes - recently announced that it raised $280 million in Series D funding led by Founders Fund.

Horizon3.ai: Autonomous Security Solutions Company Closes $40 Million In Funding

By Amit Chowdhry ● Aug 10, 2023

Horizon3.ai - a leading provider of autonomous security solutions - recently announced $40 million in Series C funding led by Craft Ventures with participation from Signal Fire.

Chargeflow: Chargeback Automation Solution Company Secures $14 Million In Funding

By Amit Chowdhry ● Aug 10, 2023

Chargeflow - a pioneering chargeback automation solution built exclusively for online businesses - recently announced the successful closure of an $11 million financing round led by OpenView, a VC firm specializing in product-led business software.

Middleware: Cloud Observability Company Raises $6.5 Million

By Amit Chowdhry ● Aug 10, 2023

Middleware - a disruptive AI-based cloud observability platform provider - announced that it raised $6.5 million in seed funding to simplify and supercharge cloud observability. This funding round will enable the company to revolutionize how businesses utilize observability stacks in the age of AI.

Osano: Data Privacy Management Company Raises $25 Million

By Amit Chowdhry ● Aug 10, 2023

Osano - a leader in data privacy management software - recently announced a $25 million Series B funding round led by Baird Capital, with participation from Jump Capital, LiveOak Venture Partners, Next Coast Ventures, TDF Ventures, and First Ascent Ventures. And Mark Donnelly, Partner at Baird Capital, will be joining the Board, and Katharine Tomko, Partner at First Ascent Ventures and former Facebook Head of Privacy Programs, will join as a Board Observer.

ShapesXR: VR Design And Collaboration Platform Company Raises $8.6 Million

By Amit Chowdhry ● Aug 9, 2023

ShapesXR - a VR design and collaboration platform - recently announced it has secured a $8.6 million seed round led by Supernode Global. Triptyq VC, Boost VC, Hartmann Capital, and Geek Ventures also participated in the round. The other contributors to ShapesXR’s seed round include The WXR Fund, StratMinds VC, Ludus Ventures, The Venture Reality Fund, HTC Vive, Leta Capitaland Remote First Capital.

Endor Labs: Code And Pipeline Governance Platform Company Raises $70 Million

By Amit Chowdhry ● Aug 9, 2023

Endor Labs - the creator of the Code and Pipeline Governance Platform - recently announced $70 milloin in Series A financing from Lightspeed Venture Partners (LSVP), Coatue, Dell Technologies Capital, Section 32, and over 30 industry-leading CEOs, CISOs, and CTOs. And Arif Janmohamed of Lightspeed, Sri Viswanath of Coatue and former CTO of Atlassian; and Deepak Jeevankumar of Dell Technologies Capital will be joining the Endor Labs Board.

Tradeshift: Business Commerce Platform Company Raises $70 Million

By Annie Baker ● Aug 8, 2023

Tradeshift recently announced a new $70 million funding round, highlighting its continued confidence in its innovative technology and ability to revolutionize traditional supply chain processes. HSBC led the round with additional participation from AYTK Limited, LUN Partners Group, Fuel Venture Capital, Doha Venture Capital LLC, Notion Capital, IDC Ventures, and The Private Shares Fund.

Healthmap: Kidney-Focused Health Management Company Closes $100 Million In Funding

By Noah Long ● Aug 8, 2023

Healthmap Solutions - a national population health management company focused on kidney disease - recently announced that it has raised $100 million to support the ongoing expansion of its business. And Healthmap has grown rapidly with its health plan customers and is currently contracted to serve over 160,000 individuals with kidney disease.

Jerry: $110 Million Raised To Help Car Owners Manage Their Vehicles

By Noah Long ● Aug 8, 2023

Jerry - a company that is known for its AI-powered PriceProtect services to help car owners find shockingly good insurance rates and refinance car loans with ease - announced it secured an additional $110 million in equity and debt financing in Q2 2022.

Inworld: Valuation Now At Over $500 Million Following New Funding Round

By Dan Anderson ● Aug 8, 2023

Inworld AI - a leading Character Engine for games and interactive experiences, has raised new funding from Lightspeed Venture Partners — bringing the new valuation of the company to over $500 million.

Local Logic: Location Intelligence Insights Company Secures $13 Million

By Annie Baker ● Aug 8, 2023

Local Logic - a leading location intelligence insights provider that quantifies location at scale to drive better real estate decisions - recently announced the closing of $13 million in Series B financing led by GroundBreak Ventures and Investissement Québec.

Grasp: Online Learning Platform Company Receives $4 Million In Funding

By Amit Chowdhry ● Aug 8, 2023

Online learning platform Grasp recently announced it has raised $4 million in seed funding led by Balderton Capital. This funding will further develop Grasp’s platform and expand the team with key hires in product, data science, and engineering.

Jericho Security: $3 Million Raised To Fight AI-Powered Phishing Attacks

By Amit Chowdhry ● Aug 8, 2023

Cybersecurity company Jericho Security recently announced that it raised $3 million in pre-seed funding led by Jasper Lau’s Era to combat the rising tide of generative AI-powered phishing attacks with participation from Lux Capital, FoundersXFund, MetaLabs, Alcove, Textbook, Alumni Venture Group, Thorntree, Daniel Liem, Henry Elkus and Contrary.

Lightup: No-Code Data Quality Monitoring Platform Raises $9 Million

By Annie Baker ● Aug 8, 2023

Lightup - the developers of a modern no-code data quality monitoring platform - recently announced that it closed $9 million in Series A funding to empower organizations further to democratize data quality checks for 100% coverage across enterprise operations. This funding round was led by Andreessen Horowitz and Newland Ventures, with Spectrum 28 Capital, Shasta Ventures, Vela Partners, and Incubate Fund participation.

Airalo: eSIM Marketplace Secures $60 Million In Funding

By Annie Baker ● Aug 8, 2023

Airalo - a pioneering eSIM marketplace revolutionizing global connectivity - recently announced the successful completion of its Series B financing round, raising an impressive $60 million. The funding round - which was led by e& capital (the investment arm of e&).

Skylight: Digital Photo Frame And Smart Calendar Company Closes $15 Million

By Noah Long ● Aug 8, 2023

Skylight - a leading digital photo frame and smart calendar brand - recently announced that the company has raised $15 million in debt through its partnership with SG Credit Partners. And as the company continues to grow profitably, the new capital will be used to support inventory purchases and ensure sufficient product stock to meet increasing demand.