Startups

Koda Health: Seed+ Funding Round Raised To Expand Care Planning Platform

By Amit Chowdhry ● Jun 21, 2024

Koda Health, a leader in digital Advance Care Planning, announced the successful oversubscription of its Seed+ funding round. This funding round was led by Ecliptic Capital, with strategic investment from Memorial Hermann Health System, AARP, and the Texas Medical Center (TMC) Venture Fund, emphasizing the healthcare community's belief in Koda's mission, technology, and impact on patient care.

Aepnus Technology: Electrochemical Platform Company Raises $8 Million In Seed Funding

By Amit Chowdhry ● Jun 21, 2024

Aepnus Technology, a developer of an electrochemical platform to improve circularity and reduce emissions in battery supply chain chemicals, announced it raised $8 million in seed financing to accelerate the production of its novel end-to-end sodium sulfate recycling technology. Clean Energy Ventures led the funding round, which also included Voyager Ventures, Lowercarbon Capital, Impact Science Ventures, Muus Climate Partners, and Gravity Climate Fund.

FirmPilot: $7 Million Raised To Provide Law Firms With AI-Driven Marketing

By Amit Chowdhry ● Jun 20, 2024

FirmPilot, an AI marketing engine for law firms, announced it had closed $7 million in funding to help services-based SMBs increase revenues with AI-driven digital marketing. Blumberg Capital led FirmPilot’s latest Series A round, with participation from new and existing investors Valor Ventures, SaaS Ventures, FJ Labs, and Connexa Capital.

Daydream: $50 Million Seed Round Raised To Change How People Shop Online

By Amit Chowdhry ● Jun 20, 2024

E-commerce tech and retail veteran Julie Bornstein and co-founders Matt Fisher, Dan Cary, Lisa Green, and Richard Kim announced today they raised a $50 million seed round co-led by Forerunner Ventures and Index Ventures with participation from GV (Google Ventures) and True Ventures to launch Daydream. This new AI-powered platform will change the way people shop online.

Aidentified: AI-Based Financial Services Prospecting Company Raises $12.5 Million In Series B

By Amit Chowdhry ● Jun 20, 2024

Aidentified, a leading AI-powered prospecting and relationship intelligence platform for financial services professionals, announced that it has raised $12.5 million in Series B funding from FactSet, a global financial digital platform and enterprise solutions provider.

Grayce: Social Care Platform Company Closes $10.4 Million In Series A Funding

By Amit Chowdhry ● Jun 20, 2024

Grayce, a comprehensive social care platform for families, announced that it had raised $10.4 million in Series A funding. The funding round was led by Maveron with participation from BBG Ventures, Correlation Ventures, GingerBread Capital, Alumni Ventures, Visible Ventures, Gaingels, and What If Ventures. And with this new funding, Grayce will scale its innovative platform to enhance its employer solution and member experience as well as enter the payer market.

PQShield: Cybersecurity Company Closes $37 Million In Series B Funding

By Amit Chowdhry ● Jun 20, 2024

PQShield, a cybersecurity company focused on post-quantum cryptography (PQC), announced today that it has raised $37 million in Series B funding, led by Addition. New investors Chevron Technology Ventures, Legal & General, and Braavos Capital participated, along with existing backers Oxford Science Enterprises.

Daisy: Smart Home And Office Technology Integration Company Secures $11 Million In Series A

By Amit Chowdhry ● Jun 20, 2024

Daisy, a home and small business technology installation and services company, announced its $11 million Series A funding round, bringing the total funding to $13.3 million. This funding round was led by Goldcrest and Bungalow with participation from Bullish, Burst Capital, and angel investors.

Apex: Spacecraft Manufacturing Company Raises $95 Million In Series B

By Amit Chowdhry ● Jun 20, 2024

Apex, an LA-based spacecraft manufacturing company, announced its $95 million Series B funding round. This funding round was led by XYZ Venture Capital (an early investor in the company) and co-led by CRV, along with new investors Upfront, 8VC, Toyota Ventures, Point72 Ventures, Mirae Asset Capital, Outsiders Fund, GSBackers, existing investors Andreessen Horowitz, Shield Capital, J2 Ventures, Ravelin, angels Baiju Bhatt (co-founder of Robinhood), and Avalon Capital Group (private investment company founded by Gateway co-founder Ted Waitt).

Stanly: $8 Million Pre-Series A Funding Raised To Improve Fandom Experiences

By Amit Chowdhry ● Jun 20, 2024

Stanly, an innovative platform designed exclusively for fans to connect, engage, and celebrate their favorite fandoms, announced it has successfully raised $8 million in pre-Series A funding. This funding round was led by Adrian Cheng's C Capital, with participation from AppWorks, Goodwater, Palm Drive Capital, and others.

AccountsIQ: Cloud-Based Accounting Platform Company Closes €60 Million In Series C

By Amit Chowdhry ● Jun 20, 2024

Cloud-based accounting platform AccountsIQ announced that it has secured a €60 million Series C investment from Axiom Equity. This funding will be used for continuing to develop the AccountsIQ product to shape the finance function of the future, particularly to take advantage of advancement in AI throughout all aspects of the solution.

Canary Speech: AI-Based Voice Biomarker Health Company Raises $13 Million In Series A

By Amit Chowdhry ● Jun 20, 2024

Canary Speech, a leading AI-powered voice biomarker health tech company, announced it has secured a $13 million Series A funding round led by Cortes Capital, LLC (Love's Private Equity), with participation from Sorenson Communications, LLC., SMK (Japan), and Hackensack Meridian Health.

Findigs: Property Tech Company Secures $27 Million To Simplify Rental Screening

By Amit Chowdhry ● Jun 20, 2024

Findigs, a leading property technology company that simplifies rental screening and leasing decisions, announced $27 million in Series B funding. This funding follows the company’s unannounced Series A and Seed rounds, bringing the total funding raised to date to $48 million. This round was led by Nyca Partners, with participation from existing investors RPM Ventures, Streamlined Ventures, Expa Ventures, Activant Capital, Colle Capital, and Frontier Venture Capital.

InduPro: $85 Million Closed To Create Novel Therapeutics For Treating Cancer

By Amit Chowdhry ● Jun 20, 2024

InduPro, a biotechnology company defining protein spatial relationships to create novel therapeutics for the treatment of cancer and autoimmune diseases, announced an $85 million Series A financing co-led by The Column Group and Vida Ventures with participation from investors, including MRL Ventures Fund (the therapeutics-focused venture fund of Merck & Co, Inc.), Emerson Collective and Euclidean Capital.

Alzheon: $100 Million Closed To Advance Development Of Oral Tablet For Treating Alzheimer’s Disease

By Amit Chowdhry ● Jun 19, 2024

Alzheon, a clinical-stage biopharmaceutical company developing a portfolio of product candidates and diagnostic assays for patients suffering from Alzheimer’s disease (AD) and other neurodegenerative disorders, announced that it has raised $100 million in Series E financing, led by Alerce Medical Technology Partners. And Alzheon previously raised $50 million in Series D funding a couple of years ago.

UNIGRID Battery Closes $12 Million In Funding To Scale Up Production

By Amit Chowdhry ● Jun 19, 2024

UNIGRID Battery, a San Diego-based company developing advanced sodium-ion batteries, announced a successful closing of an oversubscribed $12 million Series A funding round. The funding was Co-led by Transition VC and Ritz Venture Capital and joined by new investor Union Square Ventures and existing investor Foothill Ventures. The investment will accelerate and scale up UNIGRID's battery production to fulfill MWh-scale customer orders in the electric mobility and stationary storage markets.

Santa Ana Bio: Inflammatory Disease Precision Medicine Company Raises $168 Million

By Amit Chowdhry ● Jun 19, 2024

Santa Ana Bio, a precision immunology company developing targeted therapies for patients with autoimmune and inflammatory diseases, emerged from stealth with $168 million in combined Series A and B funding. Versant Ventures, founding investor, led the Series A round, which was joined by TPG’s Life Science Innovations fund and GV. GV led the $125 million Series B round, which was participated in by all existing investors and new investors Access Biotechnology, Andreessen Horowitz (a16z) Bio + Health, and RTW.

FUZE Technology: Mobile Charging Solution Company Secures $11.5 Million

By Amit Chowdhry ● Jun 19, 2024

FUZE Technology, a pioneering IoT company behind chargeFUZE (a pay-per-use mobile charging solution), announced the closing of the company’s Series A funding round at $11.5 million.

Enveda Biosciences: $55 Million Closed To Use AI For Translating Nature Into New Medicines

By Amit Chowdhry ● Jun 19, 2024

Enveda Biosciences, a biotechnology company that utilizes AI to translate nature into new medicines, announced a new funding round of $55 million to add to its $119 million combined Series B and B1. The new investors, Premji Invest, Lingotto Investment Fund, Microsoft, and The Nature Conservancy, participated in the round alongside existing investors Kinnevik, True Ventures, FPV, Level Ventures, and Jazz Venture Partners.

ElectronX: New Energy Exchange Company Raises $15 Million

By Amit Chowdhry ● Jun 19, 2024

ElectronX, a new energy exchange created to help advance the U.S. grid transition to renewable sources, today announced it has raised a $15 million seed investment round led by Innovation Endeavors. Additional seed round investors in ElectronX include DCVC, Amplo, BoxGroupand Lightning Capital, and individuals across the trading and power industries.

JOGO Health: $5.5 Million Raised To Treat Neuromuscular Disorders

By Amit Chowdhry ● Jun 18, 2024

JOGO Health, a medical technology company treating chronic pain and neuromuscular disorders, announced it has raised over $5.5 million in an investment round led by Hourglass Ventures. And due to high demand, the company is opening the round to public retail investors through a Regulation CF community investment round on Wefunder, inviting retail investors to join alongside firms like Mayo Clinic Ventures (the venture arm of the renowned hospital).

Moonbeam Network: Smart Contract Platform Company Raises $13 Million

By Amit Chowdhry ● Jun 18, 2024

Moonbeam Network, a smart contract platform that accelerates Web3 integration, announced $13 million in development support for gaming, real-world assets, canary network Moonriver, and other targeted key areas. And this funding also includes a new $10 million Innovation Fund, $1.5 million in Moonbeam ecosystem grants, and $1.5 million in Moonriver grants.

AVAVA: Medical Aesthetics Company Closes $35 Million In Funding

By Amit Chowdhry ● Jun 18, 2024

AVAVA, a medical aesthetics platform company advancing a new class of image-guided and focused intradermal laser products that are safe and effective for all skin tones, announced that it secured $35 million in new funding.

Aim Security: $18 Million Closed To Enable Secure Adoption Of AI Across Enterprises

By Amit Chowdhry ● Jun 18, 2024

Aim Security, a company that is enabling the secure adoption and use of AI across enterprise organizations, announced $18 million in Series A funding led by Canaan Partners, with participation from the company’s seed investor YL Ventures.

Nomad Health: $22 Million Raised And Justin Lambert Named As CEO

By Amit Chowdhry ● Jun 18, 2024

Nomad Health, a leading digital marketplace for healthcare jobs, announced it has raised $22 million in a round led by HealthQuest Capital. Adams Street, Icon Ventures, Polaris Partners, .406 Ventures, and RRE Ventures also joined the round. The company has also appointed Justin Lambert as chief executive officer (CEO). Co-founder and former CEO, Alexi Gharib Nazem, MD, will remain on the Nomad Health Board of Directors.

YesWeHack: Bug Bounty And Vulnerability Management Platform Closes €26 Million

By Amit Chowdhry ● Jun 18, 2024

YesWeHack, a global Bug Bounty and vulnerability management platform, announced a €26 million Series C funding round. Wendel led the round, which included new investors like Adelie and Seventure Partners and reinvestment from Bpifrance, Open CNP, and Eiffel Investment Group. YesWeHack also welcomed Renaud Deraison, Co-Founder of Tenable and Senior Advisor to Wendel Growth, to its Board of Directors.

Autify: Quality Engineering AI Company Secures $13 Million

By Amit Chowdhry ● Jun 18, 2024

Autify, an AI platform for quality engineering, announced that it has completed a Series B funding round of $13 million and launched a beta version of Zenes, an autonomous AI agent for software quality assurance. Leading the funding round are Globis Capital Partners (Tokyo-based VC firm) and LG Technology Ventures (the Silicon Valley-based venture capital arm of LG Group). Existing investors WiL (World Innovation Lab), Salesforce Ventures, Archetype Ventures, and Uncorrelated Ventures also joined the round.

Anycreek: $1.8 Million Raised To Simplify Outdoor Experiences

By Amit Chowdhry ● Jun 18, 2024

AnyCreek, a Memphis-based startup that is simplifying access to guided experiences like fishing and hunting, with top guides and outfitters, announced the successful completion of a $1.8 million seed funding round. This funding round brings AnyCreek's total since launching in 2022 to $3.3 million, with continued participation from Starting Line and other notable angel investors and new participation from Bridge Investments, LaunchTN, and others.

Constructor: AI-Based Product Discovery Platform Company Raises $25 Million At $550 Million Valuation

By Amit Chowdhry ● Jun 18, 2024

Constructor, a leading AI-powered product discovery and search platform for enterprise e-commerce companies, announced that it has closed a $25 million Series B round. This funding round brought the company's valuation to $550 million. Sapphire Ventures led the round with participation from existing investor Silversmith Capital Partners.

Gracia AI: Photorealistic Spatial Content Company Raises $1.2 Million

By Amit Chowdhry ● Jun 18, 2024

Gracia AI, an AI-based technology company, designed for professional creators and media companies to create first-of-its-kind photorealistic volumetric videos for Spatial Computing with six degrees of freedom viewing, announced it raised $1.2 million in seed funding from The Venture Reality Fund, Triptyq Capital, LVL1 Group, and Future Fund.