Startups

Ramp: $150 Million In Secondaries Acquired At $13 Billion Valuation

By Amit Chowdhry ● Mar 4, 2025

Financial operations platform Ramp announced that new and existing investors including Stripes, GIC, Avenir Growth, Thrive Capital, Khosla Ventures, General Catalyst, Lux Capital, 137 Ventures, and Definition Capital have purchased $150 million in Ramp secondaries from employees and early investors, most recently valuing the company at $13 billion.

Anthropic: AI Research Company Raises $3.5 Billion At $61.5 Billion Valuation

By Amit Chowdhry ● Mar 3, 2025

AI safety and research company Anthropic has raised $3.5 billion at a $61.5 billion post-money valuation. The funding round was led by Lightspeed Venture Partners, with participation from Bessemer Venture Partners, Cisco Investments, D1 Capital Partners, Fidelity Management & Research Company, General Catalyst, Jane Street, Menlo Ventures and Salesforce Ventures, among other new and existing investors.

Subsense: $17 Million (Seed) Secured For Non-Surgical Brain-Computer Interface

By Amit Chowdhry ● Mar 3, 2025

Subsense, a neurotechnology company developing the first non-surgical, nanoparticle-based Brain-Computer Interface (BCI), emerged from stealth to formally reveal its efforts in the emerging field of non-invasive brain connectivity. Founded by neurotech entrepreneur Tetiana Aleksandrova and serial entrepreneur Artem Sokolov, Subsense has raised $17 million in seed funding led by Sokolov’s Golden Falcon Capital to accelerate the development of bidirectional nanoparticle-based technologies that connect the human brain with external sources.

Paperplane Therapeutics: $1.5 Million Secured For Transforming Pain Management

By Amit Chowdhry ● Mar 3, 2025

Paperplane Therapeutics, a Quebec-based company specializing in therapeutic virtual reality solutions for pain and anxiety management in healthcare, announced the closing of a $1.5 million funding round. Glen Ventures led the round, which received financial support from the Gouvernement du Québec through Investissement Québec. Strategic investors such as CABHI (Centre for Aging + Brain Health Innovation), Cedars-Sinai Intellectual Property Company, Anges Québec, and Aventure Capital also participated.

Altitude Lab: Incubated Startups Raised $154 Million In Capital

By Amit Chowdhry ● Mar 3, 2025

Altitude Lab announced that its incubating startups have collectively raised $154 million in early-stage funding since its launch in 2020. Created by Recursion, Altitude Lab supports diverse life science entrepreneurs in Utah by providing fully equipped laboratories, investor access, business operations education, and a collaborative founder community.

Tevogen Bio To Receive $8 Million In Grant Funding

By Amit Chowdhry ● Mar 3, 2025

Tevogen Bio, a clinical-stage specialty immunotherapy biotech, announced in January 2025 that it received $2 million in non-dilutive grant funding from KRHP. An additional $8 million will be contributed, contingent on KRHP’s review of the company’s activities.

Nuvation Bio: Up To $250 Million In Non-Dilutive Financings Secured

By Amit Chowdhry ● Mar 3, 2025

Nuvation Bio, a global biopharmaceutical company addressing some of the greatest unmet needs in oncology, today announced non-dilutive financings of up to $250 million with Sagard Healthcare Partners. The deal features a royalty interest financing of $150 million and a senior term loan of up to $100 million.

Atmosic Technologies: $40 Million (Series D) Raised For Ultra-Low Power Wireless Connectivity Solutions

By Amit Chowdhry ● Mar 3, 2025

Atmosic Technologies, a leader in ultra-low power computing and connectivity solutions, announced it has successfully raised $40 million in Series D funding. Sutter Hill Ventures led the round and was joined by Clear Ventures, Quantum Innovation Fund, and other institutional and private investors.

Wooptix: Over €10 Million (Series C) Raised For Semiconductor Metrology Technology

By Amit Chowdhry ● Mar 3, 2025

Wooptix, a leader in semiconductor metrology utilizing wavefront phase imaging technology, announced it has raised over €10 million in a Series C funding round. The funding round was led by Samsung Venture Investment Corporation and Spanish Society for Technological Transformation (SETT) with participation from existing investors, including the European Innovation Council Fund (EIC Fund), Intel Capital, MONDRAGON, and TEL Venture Capital.