Startups

Bright Health: $500 Million In Series E Funding And $1.2 Billion In Net Revenue

By Amit Chowdhry ● Sep 24, 2020

Bright Health — a company that is defining the future of healthcare by integrating financing, care delivery, and technology — announced it has raised $500 million in Series E funding and the company is now hitting $1.2 billion in net revenue.

The Chainsmokers Launch A VC Firm Called Mantis With $35 Million In Commitments

By Amit Chowdhry ● Sep 24, 2020

The Chainsmokers have launched a new venture capital firm called Mantis, which has $35 million in commitments from investors like Mark Cuban, Keith Rabois, Jim Coulter, and Ron Conway.

On-Demand Assistance And Companionship Service Papa Raises $18 Million

By Dan Anderson ● Sep 23, 2020

Papa — a nationwide provider that pairs older adults and families for companionship and assistance with everyday tasks — announced it has raised $18 million.

No-Code AI-Powered Platform EasySend Raises $16 Million

By Annie Baker ● Sep 23, 2020

No-code AI-powered platform EasySend announced it has raised $16 million in Series A funding led by Hanaco.

Tree-Free Paper Product Company Cloud Paper Raises $3 Million

By Amit Chowdhry ● Sep 23, 2020

Cloud Paper — a tree-free paper product company that is on a mission to end deforestation from paper products — announced that it has raised $3 million in a seed funding round.

Mirakl: $300 Million And $1.5 Billion Valuation

By Amit Chowdhry ● Sep 23, 2020

Mirakl — a marketplace SaaS platform that empowers both B2B and B2C organizations to launch and grow an enterprise marketplace at scale — announced that it has raised $300 million in funding.

Social Calendar App Company IRL Raises $16 Million

By Amit Chowdhry ● Sep 23, 2020

IRL (In Real Life) — the leading social calendar and event discovery platform that brings people together over shared experiences — announced that it has raised $16 million in funding.

Enterprise-Grade AI Technology Company Beyond Limits Raises $133 Million

By Annie Baker ● Sep 23, 2020

Beyond Limits — an industrial and enterprise-grade AI technology company built for the most demanding sectors — announced it raised a $113 million Series C funding round and another $20 million committed.

Femtech Company Willow Closes $55 Million In Funding

By Annie Baker ● Sep 23, 2020

Willow — a femtech leader that changed the way women pump with the first quiet all-in-one in-bra wearable breast pump — announced that it raised $55 million in funding.

Chinese Electric Vehicle Company WM Motor Raises About $1.5 Billion

By Annie Baker ● Sep 22, 2020

WM Motor — a rapidly growing electric vehicle company in China — announced it raised 10 billion yuan ($1.47 billion) from several state-backed investors.

Clinical-Stage Biotech Company Siolta Therapeutics Raises $30 Million

By Dan Anderson ● Sep 22, 2020

Clinical-stage biotech company Siolta Therapeutics announced it raised $30 million in Series B funding to support the clinical development of its lead product STMC-103H.

Hair Regeneration Therapy Company Stemson Therapeutics Raises $7.5 Million

By Dan Anderson ● Sep 21, 2020

Stemson Therapeutics announced that it has raised a $7.5 million seed round of funding led by Allergan Aesthetics (an AbbVie Company) and impact investor Fortunis Capital to advance the development of Stemson’s therapeutic solution to cure hair loss.

Contactless Ordering And Payments Company GoTab Raises $6 Million

By Annie Baker ● Sep 21, 2020

Arlington, VA-based GoTab — a mobile POS and contactless ordering and payments platform company for hospitality — announced that it has raised $6 million.

Digital Quantum Computing Company Seeqc Raises $22.4 Million

By Dan Anderson ● Sep 21, 2020

Digital Quantum Computing company Seeqc announced it has raised a total of $22.4 million in its Series A fundraising led by the EQT Ventures fund to advance commercially viable application-specific quantum computing systems.

Contact Center AI Leader Observe.AI Raises $54 Million

By Annie Baker ● Sep 21, 2020

Contact Center AI leader Observe.AI recently announced a $54 million Series B financing led by Menlo Ventures with participation from Next47 Ventures and NGP Capital.

Amazon (AMZN) Investing In Battery Recycling Company Redwood Materials

By Dan Anderson ● Sep 21, 2020

Amazon.com, Inc. (NASDAQ: AMZN) is investing in a battery recycling startup called Redwood Materials - which is a company founded by former Tesla executive JB Straubel.

Microbiome Drug Development Company Finch Therapeutics Raises $90 Million

By Annie Baker ● Sep 21, 2020

Clinical-stage microbiome drug development company Finch Therapeutics announced that it has raised a $90 million Series D funding round.

EVERFI Reveals $100 Million Commitment For Addressing Systemic Social Injustice With Free Digital Education For K-12 Schools

By Noah Long ● Sep 21, 2020

EVERFI, a leading social impact education innovator, announced a $100 million three-year commitment to build new and expand current courses that address topic areas that lead to systemic social injustice and economic disparities across the country.