Startups

Bettormetrics: Sports Betting Analytics Company Closes Series A In Funding

By Annie Baker ● Feb 6, 2024

Sports betting analytics specialist Bettormetrics announced that it raised Series A funding from Bettor Capital and Velo Partners to build their advanced sports book analytical platform and services. Bettormetrics launched last year and already has several tier 1 bookmakers in the US and Europe using their cloud-based analytics technology.

CAMB.AI: Speech AI Company Raises $4 Million

By Dan Anderson ● Feb 6, 2024

CAMB.AI - a groundbreaking speech AI company that specializes in instantaneously dubbing any performance in over 100 languages, dialects, and accents utilizing the original voices with their nuances - announced that it has raised a $4 million seed round. The funding round - which was led by Courtside Ventures, the investor group includes TRTL Ventures, Blue Star Innovation Partners, Ikemori Ventures, and Eisaburo Maeda. And TRTL and Dubai Future District Fund were early investors in CAMB.AI.

Adroit Trading Technologies: $15 Million Raised In Round Led By Centana Growth Partners

By Annie Baker ● Feb 6, 2024

Adroit Trading Technologies has announced a Series A growth round of $15 million led by Centana Growth Partners (a specialized growth equity firm that invests in fintech and related enterprise software). This funding will be used for accelerating growth by expanding client distribution and investing further in research and development.

Furno Materials Raises Funding From O’Shaughnessy Ventures

By Noah Long ● Feb 5, 2024

O'Shaughnessy Ventures LLC (a family office that invests in ambitious seed and pre-seed startups) announced that it has invested in Furno Materials. Launched in 2020 by Gurinder Nagra, Furno is building modular cement plants that are more carbon-efficient, cheaper to build, and less space-intensive than traditional plants.

Kin: D2C Home Insurance Company Raises $15 Million At Over $1 Billion Valuation

By Annie Baker ● Feb 5, 2024

Kin - a pioneering digital direct-to-consumer (D2C) home insurance company - announced the closing of $15 million in financing from new investor Activate Capital, a growth-stage VC firm focused on the sustainable, resilient transformation of the global economy.

Nauticus Robotics: Subsea Robot And Software Company Secures $12 Million In Funding

By Noah Long ● Feb 5, 2024

Nauticus Robotics - a leading developer of subsea robots and software - announced it raised over $12 million in funding. This was part of a second tranche of investment.

Nibiru Chain: Layer 1 Blockchain And Smart Contract Ecosystem Closes $12 Million

By Annie Baker ● Feb 5, 2024

Nibiru Chain - a general-purpose layer 1 blockchain - announced it has successfully closed its latest round of funding, securing $12 million to set the stage for an ambitious growth phase. And venture investments included contributions from Kraken Ventures, ArkStream, NGC Ventures, Master Ventures, Tribe Capital, and Banter Capital.

ProducePay: Agtech Company Raises $38 Million

By Amit Chowdhry ● Feb 5, 2024

ProducePay - an agtech company recognized as the World Economic Forum’s newest Unicorn Innovators for its transformational work strengthening the fresh produce supply chain - announced $38 million in Series D financing.

Banner Ridge Partners: Strategic Growth Investment Raised From Strategic Capital Group

By Annie Baker ● Feb 5, 2024

Banner Ridge Partners - a $7.3 billion private markets investment specialist - announced that Investcorp’s Strategic Capital Group (ISCG) made a growth investment in the Firm. The financial terms of the transaction were not disclosed.

Procyrion Raises $57.7 Million To Improve Outcomes For Patients With Cardiac Impairment

By Amit Chowdhry ● Feb 5, 2024

Procyrion - a medical device company dedicated to improving outcomes for patients with cardiac and renal impairment - announced the completion of a $57.7 million Series E funding round, including the conversion of $10 million of interim financing.

StatusPRO: Sports Tech And Gaming Company Raises $20 Million In Round Led By GV

By Amit Chowdhry ● Feb 5, 2024

StatusPRO - a sports technology and gaming company that uses real-time player data to create authentic extended reality experiences - announced $20 million in new funding, one of the largest Series A of any VR gaming company to date, led by GV (Google Ventures).

Vektor Medical: AI-Based Arrhythmia Analysis Technology Company Raises $16 Million

By Annie Baker ● Feb 5, 2024

Vektor MedicalVektor Medical - a pioneer in non-invasive and AI-based arrhythmia analysis technology - announced a $16 million Series A investment co-led by Solas BioVentures and TVM Capital Life Science. This funding round underscores investor confidence in Vektor’s vision to execute its mission to revolutionize arrhythmia care successfully.

Rivia Health: Healthcare Revenue Cycle Management Company Raises $3.25 Million

By Annie Baker ● Feb 5, 2024

Rivia Health (a revenue cycle management solution for healthcare provider organizations) announced a $3.25 million Series Seed funding round led by PHX Ventures. The new funding round will be used to expand Rivia Health's patient payment solution and enter new markets across the country.

p0 Emerges From Stealth With $6.5 Million In Funding

By Amit Chowdhry ● Feb 3, 2024

p0 recently launched from stealth and announced that it has raised $6.5 million from Lightspeed Venture Partners with participation from Alchemy Ventures to help stop catastrophic software failures.

Meteomatics Raises Strategic Investment From Lockheed Martin Ventures

By Amit Chowdhry ● Feb 3, 2024

Weather intelligence and technology company Meteomatics enables the world’s leading companies to forecast the weather’s impact on business accurately and the company announced the closing of a strategic funding round from Lockheed Martin Ventures, the venture arm of Lockheed Martin Corporation.

MYAVANA: Partnership With Ulta Beauty And Strategic Investment From Prisma And BrainTrust

By Noah Long ● Feb 3, 2024

MYAVANA - a beauty-tech company founded by black female tech entrepreneur Candace Mitchell Harris - announced a new experiential partnership with Ulta Beauty, with strategic investments from Prisma Ventures, the beauty retailer's digital innovation fund, and the BrainTrust Fund.

Harbor: Infant Care Technology Company Raises $3.7 Million

By Amit Chowdhry ● Feb 3, 2024

Harbor - a company in infant care technology - announced the completion of a $3.7 million seed round led by Trust Ventures joined by Morrison Seger and Capital Factory. This funding round follows Trust Ventures pre-seed investment in September 2022.

Cohere Health: Clinical Intelligence And Prior Authorization Automation Company Raises $50 Million

By Amit Chowdhry ● Feb 2, 2024

Cohere Health - a leader in clinical intelligence and prior authorization automation - announced it has closed $50 million in additional equity funding. The funding round was led by Deerfield Management, with participation from Define Ventures, Flare Capital Partners, Longitude Capital, and Polaris Partners, and brought the total raised by Cohere to $106 million. This latest funding round will drive the company's expansion to meet the increasing demand for Cohere's intelligent prior authorization platform.

CARPL: Enterprise Imaging AI Marketplace Platform Raises $6 Million

By Annie Baker ● Feb 2, 2024

CARPL - an enterprise imaging AI marketplace platform - has announced a $6 million funding round to enable healthcare providers to access, assess and integrate these radiology AI applications into their clinical workflows through a single user-interface, single data channel and single procurement system.

Avation Medical: Neuromodulation And Digital Health Company Raises $22 Million

By Annie Baker ● Feb 2, 2024

Avation Medical - an innovative neuromodulation and digital health company with a goal to make wearable peripheral neuromodulation accessible to patients across a variety of clinical conditions - announced over $22 million in equity financing in its oversubscribed Series C round, led by new investors ShangBay Capital and Asahi Kasei, which included Angelini Ventures, JobsOhio Growth Capital Fund, and others. Additional investments were also provided by Arboretum Ventures, Tonkawa, Medtronic, and Avestria Ventures. The funding in the round (which remains open) will be used for the U.S. launch of the company's Vivally System.

DataSnipper: Intelligent Automation Finance Platform Raises $100 Million At $1 Billion Valuation

By Amit Chowdhry ● Feb 2, 2024

DataSnipper - a leading intelligent automation platform for audit and finance professionals - announced it had raised a $100 million Series B, led by Index Ventures, at a valuation of $1 billion. This solidifies the company’s goal to empower auditors with AI after a record year of doubling its customer base and revenue. The Series B funding round follows an investment by Insight Partners in September 2022.

SPR Therapeutics: $85 Million Raised To Drive Rapid Commercial Expansion Of SPRINT PNS System

By Noah Long ● Feb 2, 2024

SPR Therapeutics - a private medical device company focused on treating pain and improving the quality of life for patients managing acute or chronic pain - announced it has secured $85 million in financing, including $25 million in Series D-1 insider equity and a $60 million debt facility.

Perelel: Female OB/GYN-Founded Vitamin Company Secures $6 Million

By Annie Baker ● Feb 2, 2024

Perelel - the first and only female OB/GYN-founded vitamin company offering clean and targeted nutrition for various distinct stages of a woman's hormonal journey - announced the completion of a $6 million Series A financing round, led by Unilever Ventures, Willow Growth, and Selva Ventures. The company has now raised $12.1 million in funding to fuel its mission of advancing the future of women's reproductive care.

gamma. Raises Funding From Alpha Wave Global

By Annie Baker ● Feb 2, 2024

gamma. - the artist-first multimedia platform providing creative and business services across all artistic and commercial formats - announced that Alpha Wave Global has joined the company as a strategic partner and investor, contributing additional capital to accelerate gamma.’s innovation and expansion.

Zero Knowledge Proof Company Axiom Raises $20 Million

By Amit Chowdhry ● Feb 2, 2024

Zero knowledge proof startup Axiom announced it has raised $20 million in Series A funding co-led by Paradigm and Standard Crypto. The company - which is know as the first ZKP co-processor for Ethereum - gives smart contract developers cheaper and more efficient access to data on-chain.

Watershed: Enterprise Sustainability Platform Company Raises $100 Million At $1.8 Billion Valuation

By Amit Chowdhry ● Feb 2, 2024

Watershed - a leading enterprise sustainability platform - announced a $100 million Series C funding round at a $1.8 billion valuation. The funding was led by Greenoaks, with participation from existing investors, including Kleiner Perkins, Sequoia Capital, Elad Gil, Emerson Collective, Galvanize Climate Solutions, Neo, and others. And with this new funding round, Watershed will continue powering best-in-class climate programs at the world’s leading companies while redoubling its investment in Europe.

StreamAlive: Live Session Audience Engagement Platform Company Secures $1.58 Million

By Annie Baker ● Feb 1, 2024

StreamAlive - a leading audience engagement platform for live sessions - announced a $1.58 million pre-seed investment from Speciale Invest, an early-stage venture capital firm focused on deep tech. And Venkat Viswanathan, founder and Chairman of LatentView Analytics, Shar Dubey, former CEO of Match Group, Foster Ventures, and other seasoned executives also participated in the round. The existing investors include three professors from MIT's computer science department, the Neon fund, and executives and unicorn founders.

Basking Biosciences: $55 Million Raised To Develop A Novel Acute Thrombolytic Therapy To Treat Stroke

By Amit Chowdhry ● Feb 1, 2024

Basking Biosciences - a clinical-stage biopharmaceutical company developing a novel acute thrombolytic therapy to treat stroke - announced the closing of a $55 million financing. New investor ARCH Venture Partners led the round, with participation from additional new investors Insight Partners, Platanus, Solas BioVentures, and RTW Investments, as well as existing investors Longview Ventures, Rev1 Ventures, and The Ohio State University.

Metronome: Usage-Based Billing Provider Company Raises $43 Million

By Dan Anderson ● Feb 1, 2024

Metronome - a leading provider of usage-based billing for companies including OpenAI, Databricks, and NVIDIA - announced the closing of its $43 million Series B funding round to reimagine billing for SaaS companies. The funding round was led by NEA, with strong participation from prior backers Andreessen Horowitz and General Catalyst. In conjunction with the funding, Hilarie Koplow-McAdams, Venture Partner at NEA, joined the company’s board of directors.

Synergy Spine Solutions: Medical Device Developer Company Raises $30 Million

By Noah Long ● Feb 1, 2024

Synergy Spine Solutions - an innovative medical device developer focused on artificial cervical disc replacement - announced that it has closed on a significant equity financing of $30 million. The Series A funding round was led by a new institutional investor, Amzak Health, and joined by other investors.