Startups

Tenpoint Therapeutics: $70 Million Closed To Reverse Vision Loss

By Annie Baker ● Aug 3, 2023

Tenpoint Therapeutics - a biotechnology company pursuing vision-restoring engineered cell-based therapeutics and in vivo reprogramming to address degenerative ocular diseases - recently announced its launch with a $70 million Series A financing to develop its regenerative medicine platform to replace multiple cell types lost to inherited and age-related conditions.

SpeedyBrand: Generative AI Platform Company Secures $2.5 Million

By Dan Anderson ● Aug 3, 2023

SpeedyBrand - an innovative Generative AI platform founded by Ayush Jasuja, Jatin Mehta, and Ranti Dev Sharma - recently announced has raised $2.5 million led by Y Combinator and GV (Google Ventures). And the company will use the funding to advance and expand its AI-powered SEO content marketing platform tailored for small and medium-sized businesses (SMBs).

Herself Health: $26 Million Closed To Provide Primary Care To Women 65+

By Annie Baker ● Aug 3, 2023

Herself Health - a healthcare company providing comprehensive primary care to women over age 65 - recently announced it raised a $26 million Series A, with Michael Cline of Accretive serving as the lead investor. And the latest funding round comes just six months after the company raised $7 million in Seed funding. Herself Health currently operates one clinic in St. Paul, Minnesota with plans to expand its footprint substantially over the coming 18 months.

Arthrosi Therapeutics: Clinical-Stage Biotechnology Company Raises $75 Million

By Amit Chowdhry ● Aug 3, 2023

Arthrosi Therapeutics - a clinical-stage biotechnology company - recently announced the successful securing of $75 million in Series D financing. This funding round was led by Guangrun Health Industry (Hong Kong) Co.

Certificial: $15 Million Secured For Growing Certificate Of Insurance (COI) Platform

By Annie Baker ● Aug 3, 2023

Certificial - the creator of the Smart COI Network - recently announced a $15 million round of funding led by Nyca Partners. And Nyca joins IA Capital, Fin Capital, Cofounders Capital, Cameron Ventures, and Nationwide Ventures as investors. Over the past year, Certificial has gained significant traction among the risk management community and with insurance brokers.

Foraged: Wild And Specialty Foods Marketplace Closes $2.7 Million

By Amit Chowdhry ● Aug 3, 2023

Foraged - the marketplace for wild and specialty foods - recently announced $2.7 million in seed funding. Bessemer Venture Partners led the funding round with participation from Yelp co-founder and CEO Jeremy Stoppelman, StubHub co-founder Eric Baker, Shopify President Harley Finkelstein, and Fiverr founder and CEO Micha Kaufman.

Gamercraft: Skill-Based Competitive Gaming Platform Raises $5 Million

By Noah Long ● Aug 3, 2023

Gamercraft - an AI-driven, skill-based competitive gaming platform - recently announced it has successfully raised $5 million in funding for the first part of its seed round. This funding round was led by the co-founders of computer hardware giant Alienware (existing investors) and included participation from Le Fonds, Mistral Ventures, Quantic Fund, Stellaria Capital, and others.

Suffolk Technologies: $110 Million Inaugural Fund Closed

By Amit Chowdhry ● Aug 3, 2023

Suffolk Technologies - an institutional venture capital firm affiliated with Suffolk, the $5 billion national construction firm - recently announced the closing of its inaugural fund with $110 million in commitments.

Peaxy: $12 Million Raised To Provide Battery Lifecycle Analytics And Digital Twins

By Annie Baker ● Aug 3, 2023

Peaxy - a leading cloud software company providing battery lifecycle analytics and digital twins - recently announced it had raised $12 million in a Series B2 funding round. And the investment will accelerate product development and expand the market reach of Peaxy Lifecycle Intelligence (PLI), the company's flagship cloud-based predictive analytics platform that improves profitability by unifying battery lifecycle data.

CarePredict: Senior Care Solutions Company Closes $29 Million

By Annie Baker ● Aug 3, 2023

CarePredict recently announced a $29M Series A-3 investment co-led by SV Health Investors' Medtech Convergence Fund and Aspire Healthtech Partners. And CarePredict's innovative technology autonomously identifies changes in daily activity and behaviors that precede health issues such as urinary tract infections, falls, malnutrition, and depression.

St. Cloud Capital: $236 Million Fund IV Launches

By Amit Chowdhry ● Aug 3, 2023

St. Cloud Capital - a Los Angeles-based private investment firm - recently announced the final closing of its fourth fund St. Cloud Capital Partners IV SBIC, LP (Fund IV) with total capital commitments of $236 million, including leverage from the Small Business Administration. And since its inception in 2001, St. Cloud Capital has managed over $700 million in total capital across its four funds.

Opolis: Blockchain Employment Platform Closes $6.6 Million

By Annie Baker ● Aug 3, 2023

Opolis - a member-owned platform that uses blockchain to provide employment infrastructure for independent workers - recently announced it had secured a bridge fundraising round of $6.6 million. The funding round was led by Berlin-based European crypto investment firm Greenfield, with supporting investment from notable entities, including the NEAR Foundation, Draper Associates, and Polygon Ventures.

CurvaFix: Medical Device Company Raises $39 Million

By Dan Anderson ● Aug 3, 2023

CurvaFix - a developer of medical devices to repair fractures in curved bones - recently announced the close of a $39 million equity financing led by MVM Partners with participation from Sectoral Asset Management and other existing investors. And the company also announced that Mark Foster has been named CEO, succeeding founder and current CEO Steve Dimmer, who will transition into a strategic advisory role.

Wing: Four Fund Closes At $600 Million

By Annie Baker ● Aug 3, 2023

Wing - an early-stage investor and long-term company builder in B2B technology - recently announced that it has closed Wing Four, a new $600 million investment fund. And Wing Four will be invested according to the firm’s core thesis of the AI-first transformation of business, supporting founders who are developing key elements of the emerging AI-first technology stack, and putting it to work to transform major industries.

Shore Capital Partners: Over $640 Million For Two New Funds Closed

By Amit Chowdhry ● Aug 3, 2023

Shore Capital Partners - a private equity firm focused on microcap investments - recently announced the closing of its inaugural Industrial fund Shore Capital Industrial Partners Fund I (IND Fund I) and its fifth healthcare fund Shore Capital Healthcare Partners Fund V (HC Fund V). And with the addition of the two funds, which closed within three months and totaled over $643 million, Shore now has over $6 billion in assets under management and additional entities to which it provides business and operational services.

The Riverside Company: RVF I Fund Closed At $350 Million

By Annie Baker ● Aug 2, 2023

The Riverside Company - a global private investment firm focused on the smaller end of the middle market - recently announced the successful final close of its Riverside Value Fund I (RVF I), achieving its target of $350 million in capital. This represents the 34th fund raised in Riverside’s history.

Capstack: Bank Operating System Company Raises $6 Million

By Annie Baker ● Aug 1, 2023

CapStack - the first integrated operating system for banks - announced it has emerged from stealth backed by $6 million in pre-seed funding. This funding round was oversubscribed and led by Fin Capital with participation from Alloy Labs, Rex Salisbury’s Cambrian Ventures, Cowboy Ventures, Future Perfect Ventures, Gaingels, Selah Ventures, Uncorrelated Ventures, and Valor Equity Partners.

Revolear: AI Digital Deal Platform Company Banks $6 Million In Funding

By Dan Anderson ● Aug 1, 2023

Revolear, an artificial intelligence (AI) powered digital deal platform that connects buyers and sellers in the cloud recently launched, combining the capabilities to structure, propose, negotiate and approve a deal on a shared source of data. And the enterprise SaaS platform is the brainchild of former Salesforce, Vlocity, and Siebel execs with three decades of experience in negotiating business deals and developing configurable enterprise software.

Hello Pediatrics: $3 Million Series B Round Completed To Advance After-Hours Telehealth Services

By Annie Baker ● Aug 1, 2023

Hello Pediatrics - a leading provider of comprehensive, after-hours telehealth services led by a team of board-certified pediatricians - recently announced it has completed a series B round of funding.

Embrace: $20 Million Secured To Help Engineers Build Better Mobile Experiences

By Noah Long ● Aug 1, 2023

Embrace - a solution to help engineers build better mobile experiences - recently announced it is sharing its continued success in driving mobile transformation alongside announcing an up round of $20 million in growth financing. The inside funding round, a show of support from all prior lead investors, was led by NEA with participation from Greycroft, AV8 (Allianz), and Eniac.

HawkEye 360: Defense Technology Company For Space-Based Radio Frequency Brings In $58 Million In Funding

By Noah Long ● Aug 1, 2023

HawkEye 360 - the leading defense technology company for space-based radio frequency (RF) data and analytics - announced it had closed $58 million in new funding. And the funding will be used to develop new space systems and expand analytics that support high-value defense missions.

Efficient Capital Labs: $7 Million Raised To Invest In South Asia-U.S. Corridor Companies

By Dan Anderson ● Aug 1, 2023

Efficient Capital Labs (ECL), a fintech company that provides non-dilutive capital to B2B SaaS companies operating in the South Asia-U.S. corridor, recently announced a $7 million Pre-Series A raise led by QED Investors with participation from existing investors including 645 Ventures, The Fund, Lorimer Ventures, Riverside Ventures, and Generalist coming in as a new investor alongside QED.

Trebellar: $3.5 Million Secured To Workplace, Facilities Operations, And Real Estate Teams Make Faster Decisions

By Annie Baker ● Aug 1, 2023

Trebellar - a company founded by software engineering veterans with extensive experience at Google, Salesforce, Waymo, and CERN - recently announced the successful completion of its seed funding round. The company has secured $3.5 million in investments from leading venture capital firms, including Haystack, Altcapital, KFund, and Jetstream.

Nile: Next-Generation Enterprise Company Secures $175 Million

By Amit Chowdhry ● Aug 1, 2023

Nile - a leader in next-generation enterprise networks - announced a $175 million Series C investment round co-led by March Capital and Sanabil Investments with strategic participation from solutions by stc, Prosperity7, and Liberty Global Ventures, and contributions from 8VC, Geodesic Capital, FirstU Capital, and Valor Equity Partners. Nile's recent raise brings its total funding to $300 million.

Finicast: Enterprise Collaborative Planning Platform Secures $12.8 Million In Seed Funding

By Amit Chowdhry ● Aug 1, 2023

Finicast - a modern SaaS enterprise collaborative planning platform that enables teams to work together as they model, plan, forecast, and track performance - recently announced today that it has raised $12.8M in seed funding, led by Celesta Capital. This will be instrumental in furthering the company's collaborative planning platform and go-to-market strategy.

MSPbots: $5 Million Secured To Build Intelligence Solutions For Automating Tasks

By Amit Chowdhry ● Aug 1, 2023

Valhalla Ventures: $66 Million Fund I Debuts

By Amit Chowdhry ● Jul 31, 2023

Valhalla Ventures - an early-stage venture capital firm - recently announced its debut $66 million flagship fund to invest in audacious innovators challenging the status quo across deeptech and gaming. And the firm is committed to supporting entrepreneurs who are unafraid to question consensus views and push the boundaries of science and engineering.

Sheridan Capital Partners: Fund III Closed At Hard Cap Of $575 Million

By Amit Chowdhry ● Jul 31, 2023

Sheridan recently announced the successful closing of Sheridan Capital Partners Fund III, L.P. at the hard cap with $575 million of total capital commitments.

Collaborative Robotics Closes $30 Million And Launches Flywheel Program

By Annie Baker ● Jul 31, 2023

Collaborative Robotics - a leader in practical collaborative robots (cobots) - recently announced it raised $30 million in Series A funding led by new anchor investor, Sequoia Capital, bringing the total amount raised to over $40 million. The funding will enable Collaborative Robotics to begin scaling early field deployments and manufacturing of its novel cobot.

InvGate: Enterprise Service And IT Management Company Raises $35 Million

By Noah Long ● Jul 31, 2023

InvGate - a SaaS platform with global operations at the intersection of Enterprise Service Management (ESM), IT Service Management (ITSM), and IT Asset Management (ITAM) - recently announced it had raised a $35 million growth round led by Riverwood Capital, a leading global investor in high-growth technology companies, with participation from Endeavor Catalyst.