Startups

SimCare AI: $2 Million (Seed) Raised For Scaling Clinical Training

By Amit Chowdhry ● Mar 9, 2025

SimCare AI has announced $2 million in seed funding to rethink clinical training from first principles: using AI patients to bypass regulatory constraints and certify clinical skills with far fewer patient interactions. The funding round was led by Y Combinator and Drive Capital, with participation from Harper Court Ventures Fund, Singularity Capital, Triple S Ventures, Goodwater Capital, Asymmetry Ventures, Sand Hill North, and Transpose Platform.

Needle: $2.2 Million (Seed) Raised For AI-Based Agent Development Platform

By Amit Chowdhry ● Mar 9, 2025

Needle, an AI-based search and agent development platform, announced it has raised $2.2 million seed funding in a round led by 468 Capital and Presight Capital . This funding will expand Needle’s engineering team, strengthen its core technology, and accelerate its go-to-market initiatives.

TECHCOOP: $70 Million (Series A) Raised For Transforming Vietnam’s Agriculture Industry

By Amit Chowdhry ● Mar 9, 2025

TECHCOOP, which is Vietnam’s integrated agritech platform, announced it has closed a $70 million Series A funding round, comprising equity and debt funding. This funding round was co-led by Southeast Asia-focused venture capital firms TNB Aura and AVV, with new equity investors Capria Ventures, AppWorks, FMO (Dutch entrepreneurial development bank) and BlueOrchard (an impact investment manager under Schroders Group) joining. And debt financing was supported by major Vietnamese banks and international debt funds.

Vayu: Revenue Management Software Company Raises $7 Million (Seed)

By Amit Chowdhry ● Mar 9, 2025

Vayu, a company transforming billing and revenue management for B2B tech companies, announced it has raised $7 million in a seed funding round co-led by Flint Capital and The Garage. Previous investors Fresh.Fund, Secret Chord Ventures, and angel investors, including former Melio and Softbank executives, also participated.

Knostic: $11 Million Raised For Eliminating Enterprise AI Data Leaks

By Amit Chowdhry ● Mar 7, 2025

Knostic, the world's first provider of need-to-know access controls for Generative AI, announced an $11 million investment to secure enterprise large language models (LLMs). This funding round will support Knostic's offering, supporting enterprises in their AI transformation and adding a customizable safety layer to tools such as Microsoft 365 Copilot and Glean. This additional round brings the company's total funding to $14 million.

Epirus: $250 Million (Series D) Closed To Scale Production Of Leonidas

By Amit Chowdhry ● Mar 7, 2025

Epirus announced an oversubscribed $250 million Series D fundraising round, bringing the company's total venture funding to more than $550 million and positioning it to scale its Leonidas product line production to meet growing global demand. Leonidas is a scalable solid-state, high-energy, high-power microwave (HPM) technology for counter-electronics applications that has been proven effective in Department of Defense testing in countering drones, drone swarms, and other electronics.

CoverForce: $13 Million (Series A) Raised For Building Infrastructure And Connectivity Between Agencies And Insurance Carriers

By Amit Chowdhry ● Mar 7, 2025

CoverForce, a leading infrastructure platform for commercial insurance, today announced a $13 million Series A funding round led by global software investor Insight Partners with participation from Nyca Partners. The funding will accelerate CoverForce's mission as a leading marketplace for quote-and-bind API connections, enabling seamless digital interactions between insurance carriers, agencies, and wholesalers.

Business & Pleasure: $16 Million Minority Growth Raised From Silas Capital

By Amit Chowdhry ● Mar 7, 2025

Business & Pleasure, a renowned lifestyle brand that captures nostalgia and charm through luxury outdoor products, announced the completion of a $16 million minority growth investment led by Silas Capital – a growth equity and venture capital firm focused on exceptional next-generation consumer brands.

CaPow: $15 Million (Series A) Raised For Transforming Industrial Automation

By Amit Chowdhry ● Mar 7, 2025

CaPow (provider of Genesis), which is an in-motion power delivery solution for robotic fleets, announced it raised $15 million in Series A funding to accelerate its efforts in global growth and market expansion. The funding round was led by Toyota Ventures and included the participation of Elements VC, along with more than double-down investments from IL Ventures, Payton Planar Magnetics LTD., Mobilion, Doral Energy-Tech, and more.

WilsonAI: $1.7 Million (Pre-Seed) Raised For AI-Based Paralegal Assistant

By Amit Chowdhry ● Mar 7, 2025

WilsonAI, an AI-powered legal assistant transforming in-house legal operations, announced it has raised a $1.7 million pre-seed round led by Nomad Ventures. Additional participants include Autopilot Ventures, Entrepreneur First, Transpose Platform, key strategic angels, including Mei Z, and several exited founders and law firm partners.

Enveda: $150 Million (Series C) Raised For Creating Better Medicines Faster

By Amit Chowdhry ● Mar 7, 2025

Enveda, a leading biotechnology company utilizing life’s chemistry to discover better medicines, today announced an investment from Sanofi, a leading healthcare company. This funding reaffirms the industry’s confidence in Enveda’s drug discovery platform and its ability to deliver differentiated medicines. Sanofi’s joining of the Series C funding round builds on Enveda’s continued success in bringing novel therapeutics inspired by evolution from discovery to clinical trials.

Fuse Vectors: $5.2 Million (Pre-Seed) Raised For Advancing Cell-Free Gene Therapy Technology

By Amit Chowdhry ● Mar 7, 2025

Fuse Vectors recently announced $5.2 million in pre-seed financing led by HCVC to transform gene therapy development with its cell-free viral vector technology.

Relay: $35 Million (Series A) Raised To Transform Parcel Delivery

By Amit Chowdhry ● Mar 7, 2025

Relay, a company transforming the backbone of e-commerce delivery for top retailers, announced a $35 million Series A round led by Plural. The funding round also includes continued participation from its seed investors, Project A and Prologis Ventures (the VC arm of global logistics real estate leader Prologis).

SpryPoint: Growth Capital Raised From CIBC Innovation Banking

By Amit Chowdhry ● Mar 7, 2025

CIBC Innovation Banking announced it has provided a growth-focused credit facility to SpryPoint Services, a leading provider of software for public utilities.

JumpStart Ventures: First Closing For NEXT Fund III At Nearly $25 Million

By Amit Chowdhry ● Mar 7, 2025

JumpStart Ventures announced it has achieved the first closing of NEXT Fund III, raising nearly $25 million toward its $50 million target. And NEXT Fund III is supported by the State Small Business Credit Initiative (SSBCI) Ohio, institutional and private investors and reinforces JumpStart Ventures' commitment to providing tech founders with the capital they need to scale their startups.

Whisper: $1 Million Secured For Advancing AI-Based Sales Cloning Technology For Content Creators

By Amit Chowdhry ● Mar 7, 2025

Whisper, an AI-based sales and behavioral cloning technology for content creators, announced it has raised $1 million in a recent funding round led by investors, including AngelList Early Stage Quant Fund and a consortium of high-net-worth content creators.

Uniti AI: $4 Million (Seed) Secured For Building AI Sales Agents For Real Estate Operators

By Amit Chowdhry ● Mar 7, 2025

Uniti AI, a leading AI agent platform for commercial real estate operators, announced a $4 million seed round led by Prudence. Participants also included Alate Partners, Flex Capital, Observer Capital, and RE Angels.

RAD Security: $14 Million (Series A) Raised For AI-Based Cybersecurity Platform

By Amit Chowdhry ● Mar 7, 2025

RAD Security, a leader in securing cloud-focused infrastructure, announced a $14 million Series A funding round, led by Cheyenne Ventures with participation from new investors Forgepoint Capital, Lytical Ventures, and Akamai and existing investors .406 Ventures, Vertex Ventures, and Gula Tech Adventures.

Ignota Labs: $6.9 Million (Seed) Raised For AI-Based Drug Turnaround Company

By Amit Chowdhry ● Mar 7, 2025

Ignota Labs, an AI-based drug turnaround company, announced the closing of a $6.9 million (GBP 5.5 million) seed funding round, co-led by Montage Ventures and AIX Ventures, with participation from Modi Ventures, Blue Wire Capital, and Gaingels. This funding round will expand the pipeline by acquiring additional distressed assets and advancing their first asset, a PDE9A inhibitor, into early-stage clinical trials.

Intangible: $4 Million Raised For Advanced 3D Creative Tool

By Amit Chowdhry ● Mar 7, 2025

Intangible announced it has raised $4 million in funding from a16z Speedrun, Crosslink Capital, Karman Ventures, and industry angels to launch the world’s simplest 3D creative tool.

Numeral: $18 Million (Series A) Secured For Helping Companies With Sales Tax Compliance

By Amit Chowdhry ● Mar 6, 2025

Numeral, a company handling the intricacies of sales tax compliance for e-commerce and SaaS companies, has secured $18 million in Series A funding led by Benchmark Capital with participation from existing seed investors Uncork Capital, Y Combinator, and FundersClub.

TRIMTECH Therapeutics: $31 Million (Seed) Raised For Advancing Targeted Protein Degradation For Treating Neurodegenerative Diseases

By Amit Chowdhry ● Mar 6, 2025

TRIMTECH Therapeutics, a biotechnology company harnessing targeted protein degradation (TPD) for treating neurodegenerative diseases, announced the closing of its $31 million (£25 million) seed funding round. Cambridge Innovation Capital (CIC) and SV Health Investors’ Dementia Discovery Fund (DDF) led the funding, with M Ventures and Pfizer Ventures joining. Additional investors also include Eli Lilly and Company, MP Healthcare Venture Management (MPH), Cambridge Enterprise Ventures, and Start Codon.

MaxIQ: $7.8 Million Secured For Customer Journey Management Platform

By Amit Chowdhry ● Mar 6, 2025

MaxIQ, an AI-based Customer Journey Management platform designed to maximize customer lifetime value, announced it has raised $7.8 million in funding. The company’s Seed round was led by Dell Technologies Capital, with participation from Intel Capital.

Lumata Health: $23 Million (Series B) Closed For Expanding Access To Vision-Saving Care

By Amit Chowdhry ● Mar 6, 2025

Lumata Health, a leader in personalized support for patients with vision-threatening chronic eye diseases, announced that it has raised $23 million in Series B funding to accelerate its mission of eliminating preventable vision loss, bringing its total raised since inception to $36 million. This funding round was co-led by LRVHealth, McKesson Ventures, and Cencora Ventures, with participation from existing investors, including Cortado Ventures. And the funding will enable Lumata to meet growing demand and further enhance the data-driven technology powering its patient adherence solutions.

Auxia: $23.5 Million Raised For Transforming Enterprise Personalization With Agentic AI

By Amit Chowdhry ● Mar 6, 2025

Auxia, an Agentic Customer Journey Orchestration Platform, announced $23.5 million in Series A and seed funding to help companies transform how they engage with customers and drive additional revenue. The latest funding round was led by VMG Technology Partners, with participation from MUFG Innovation Partners (MUIP), Incubate Fund, Vela Partners, Stage 2 Capital, and over 50 industry leaders, such as current Google CMO Lorraine Twohill, Booking.com CMO Arjan Dijk, and former Meta Chief Business Officer David Fischer.

Darwinbox: $140 Million Raised For HR Technology Platform

By Amit Chowdhry ● Mar 6, 2025

Darwinbox, a leading global human resource (HR) technology platform, announced the signing of definitive agreements under which Partners Group, one of the largest firms in the global private markets industry, and funds managed by KKR, will co-lead an investment of $140 million in the company, with additional participation from Gravity Holdings. The investment positions Darwinbox well to deepen its technology leadership and accelerate its international expansion plans.

Zeitview: $60 Million Secured For Advancing AI-Based Inspections Of Critical Infrastructure

By Amit Chowdhry ● Mar 6, 2025

Zeitview, a leader in visual AI for critical infrastructure, announced a capital raise of $60 million led by Climate Investment, with participation from current investors Valor Equity Partners, Union Square Ventures, Upfront Ventures, Euclidean Capital, Energy Transition Ventures, Hearst Ventures and Y Combinator.

Tiga.ai: $2 Million Closed For Launching AI Agent For Custom Buying Signals

By Amit Chowdhry ● Mar 6, 2025

Tiga.ai, a leader in signal-based prospecting, announced that it has raised $2 million in funding. Bull City Venture Partners led the round, which also included Cascade Seed Fund and Virginia Venture Partners.

AidKit: $8.5 Million (Series A) Closed For Expanding Aid Administration Platform

By Amit Chowdhry ● Mar 6, 2025

AidKit, a Public Benefit Corporation helping government agencies and nonprofits administer aid programs efficiently and transparently, announced it has raised $8.5 million in Series A growth equity financing led by Blueprint Equity. The new funding round will support AidKit’s expansion of its platform and enhance its technological capabilities to transform aid delivery into an empowering act of community care.

Origence: $53 Billion In 2024 Funding Closed For 2 Million Members

By Amit Chowdhry ● Mar 5, 2025

Origence, a leading lending technology solutions provider for credit unions, announced it closed 2024 with $53 billion in funding and serving 2 million members.