Startups

Baseimmune: £9 Million In Funding Raised To Predict Future Pathogen Mutations To Generate Novel Vaccines

By Amit Chowdhry ● Mar 4, 2024

Baseimmune - a biotech company that uses proprietary, deep learning AI to predict future pathogen mutations to generate novel vaccines - recently announced the closing of £9 million in Series A funding led by new investors MSD Global Health Innovation Fund and IQ Capital, with participation from existing investors including Hoxton Ventures, Creator Fund, Beast Ventures and Maki.vc.

Prolocor: $1.7 Million Secured To Develop Precision Diagnostic Test To Predict Risks Of Thrombosis

By Amit Chowdhry ● Mar 4, 2024

Prolocor - a healthcare startup developing an innovative precision diagnostic test with the potential to predict the risk of thrombosis by quantifying FcγRIIa (pFCG test) - recently announced that they have successfully raised $1.7 million in bridge financing. The funding included significant participation by Green Park & Golf Ventures (GPG Ventures) and by the Labcorp Venture Fund.

Salvo Health: $5 Million Raised To Expand GI Provider Enablement for Wraparound Care

By Amit Chowdhry ● Mar 4, 2024

Salvo Health recently announced the closing of a $5 million Seed Prime round led by City Light Capital and Human Ventures to expand deployment of its wraparound GI care at providers including gastroenterology private practices, health systems, and ACOs.

Orbis Medicines: Oral Macrocycle Drug Discovery Company Raises €26 Million

By Amit Chowdhry ● Mar 4, 2024

Orbis Medicines - a leader in oral macrocycle drug discovery - announced its launch with a €26 million financing led by global life sciences investor Novo Holdings and Forbion. These are the details.

Matter Neuroscience Secures $26 Million To Use Neuroscience To Help People Live Longer And Happier Lives

By Amit Chowdhry ● Mar 4, 2024

Matter Neuroscience, a company working to unlock a deeper understanding of happiness and well-being by providing people with personalized insights into their brain chemistry, recently emerged from stealth mode. And Matter announced it had received $26 million in funding, initial funding seeded by Polaris Partners and a more recent round co-led by ARCH Venture Partners, Polaris Partners, and Exor Ventures, and joined by Collaborative Fund and others. With this funding, Matter will bolster its efforts to pioneer solutions that address the unhappiness epidemic by transforming our understanding and management of mental well-being.

AiDash: Series C Funding And Duke Energy Added As Strategic Investor

By Amit Chowdhry ● Mar 3, 2024

AiDash - an enterprise SaaS company making critical infrastructure industries climate resilient and sustainable with satellites and AI - announced that it received a strategic investment from Duke Investments, LLC, a wholly-owned subsidiary of Duke Energy.

Lionize: Initial Closing Of $2 Million Raised To Drive Evolution Of Influencer Marketing

By Amit Chowdhry ● Mar 3, 2024

Lionize - an innovative AI-driven influencer search tool and influencer marketing platform - announced the initial closing of a funding round of up to $2 million led by Cultivation Capital. This funding round marks a significant milestone in Lionize's mission to revolutionize influencer marketing through AI.

Slice: Continuous Compliance Platform Company Secures $7 Million

By Amit Chowdhry ● Mar 3, 2024

Slice - which is the only global equity platform utilizing AI for continuous compliance - announced it has emerged from stealth with a $7 million seed funding round led by TLV Partners, with participation from R-Squared Ventures, Jibe Ventures, leading international law firms Wilson Sonsini, Fenwick & West, and notable angel investors.

Rhombus: Over $26 Million Raised To Advance Cloud-Managed Physical Security Innovation

By Amit Chowdhry ● Mar 3, 2024

Rhombus - a leader in cloud-managed physical security - announced it raised over $26 million in equity investments co-led by Tru Arrow and Cota Capital and $17 million in debt financing from Silicon Valley Bank, with existing investors Caden Capital and Uncorrelated Capital participating.

Codified: Generative AI-Powered Data Governance Company Closes $4 Million

By Amit Chowdhry ● Mar 3, 2024

Codified - a Generative AI-powered Data Governance startup - announced $4 million in seed funding. And Codified was incubated at Madrona Venture Labs and founded by Yatharth Gupta.

FamilyWell Health: $4.3 Million Raised To Address Maternal Mental Health Crisis

By Amit Chowdhry ● Mar 3, 2024

FamilyWell Health has secured $4.3 million in seed financing to solve the maternal mental health crisis. This milestone marks the company’s first round of institutional capital, and it is led by .406 Ventures, with participation from GreyMatter Capital and Mother Ventures.

NayaOne: $4.7 Million Closed To Transform Financial Services Through Sandbox Platform

By Amit Chowdhry ● Mar 3, 2024

NayaOne has announced a $4.7 million funding round led by EJF Capital, with Valley Ventures (the corporate venture capital arm of Valley Bank) and Carthona Capital also on board.

Collov AI: AI-Driven Home Furnishing Company Raises $10 Million

By Amit Chowdhry ● Mar 3, 2024

Collov AI announced it successfully raised $10 million in Series A funding, led by one of the largest cabinet manufacturers, GoldenHome Living Co Ltd, specializing in the research, design, and manufacturing of kitchen cabinets.

Zacua Ventures: $56 Million Fund Closed To Invest In Next-Gen Construction Technology

By Amit Chowdhry ● Mar 3, 2024

Zacua Ventures - a global venture capital fund focused on early-stage technology for the construction industry - announced the close of its inaugural fund. In connection with the fund's closing, Zacua also announced that it recently led a $9 million seed round for data infrastructure startup Flexnode.

HuLoop : $5 Million Closed To Drive Simple And Affordable AI-Powered Intelligent Automation

By Amit Chowdhry ● Mar 3, 2024

HuLoop Automation - a leader in AI-powered intelligent automation - announced the successful closing of a $5 million seed funding round. The funding round was led by Moneta Ventures, with participation from Rebellion Ventures, Growth Factory, Vibranium VC, Nurture Ventures, Insta VC, and others.

Campfire: $3.5 Million In Seed Funding Raised For Modernizing Accounting Software

By Amit Chowdhry ● Mar 2, 2024

Campfire - a Y Combinator-backed startup modernizing accounting software for startups and midsize companies - announced it closed a $3.5 million seed funding round led by Foundation Capital and joined by Y Combinator and Twenty Two Ventures. And Campfire will use the funding for attracting talent and further support its flagship products, which provide a modern general ledger and automate revenue processes.

Autogon AI Raises Funding From Fast Forward Venture Studio

By Amit Chowdhry ● Mar 1, 2024

Autogon AI - a no-code AI orchestration platform - announced it had received backing from Fast Forward Venture Studio. And Autogon’s model enables any business – regardless of size – to conveniently harness the power of AI.

ActiveViam Raises Majority Investment From Nordic Capital

By Amit Chowdhry ● Mar 1, 2024

Nordic Capital announced it has acquired a majority stake in ActiveViam to support its next phase of growth. This investment is made in partnership with ActiveViam's founders and management who will invest alongside Nordic Capital.

Looq AI: Survey Technology Company Secures $2.6 Million

By Amit Chowdhry ● Mar 1, 2024

Looq AI has secured $2.6 million in a preferred series of seed funding led by BootstrapLabs, a venture capital firm focused on applied artificial intelligence, with the participation of Longley Capital and Spatial Capital. Looq AI has raised $3.75 million to date in connection with its initial pre-seed round.

Coverdash: Embedded Business Insurance Agency Company Raises $13.5 Million

By Amit Chowdhry ● Mar 1, 2024

Coverdash - one of the fastest-growing startups and SMB-focused insurtech companies - announced $13.5 million in Series A funding. This funding round comes within one calendar year of Coverdash’s oversubscribed Seed round, bringing the company’s total funding to $16 million.

USC And Techstars Partnering On Accelerating Opportunities For Students, Faculty, And Alumni

By Amit Chowdhry ● Feb 29, 2024

The University of Southern California and Techstars will work together on accelerating opportunities for USC-affiliated entrepreneurs, including students, faculty and alumni. And USC will spark new startups and innovation under a new collaboration with Techstars, a leading pre-seed investor.

Gradial: $5.4 Million Raised To Build AI Solutions For Helping Marketing Teams Deliver Better Experiences

By Amit Chowdhry ● Feb 29, 2024

Gradial has announced $5.4 million seed funding led by Madrona with participation from General Advance, Outsiders Fund, and Space Capital. And Gradial is building AI solutions to help marketing teams deliver better digital experiences and enable more time and resources for creative strategy.

Redi Health Raises $140 Million In Round Led By Blue Heron Capital

By Amit Chowdhry ● Feb 29, 2024

Blue Heron Capital (an early-stage growth equity firm) has announced its investment in Redi Health, a digital health innovator poised to transform patient support services. And this strategic investment is core to Blue Heron's philosophy of identifying and supporting companies that not only show potential for growth but also address pressing needs within healthcare and technology sectors experiencing meaningful transformation.

Range Energy: $23.5 Million Raised To Bring Electric Powered Trailers To Commercial Trucking

By Amit Chowdhry ● Feb 29, 2024

Range Energy - a hardware company bringing electric-powered trailers to the commercial trucking market - announced $23.5 million in new funding led by Phillip Sarofim’s Trousdale Ventures, with participation from UP.Partners, R7, and Yamaha Motor Ventures. And Range will use this fresh capital to accelerate its work on customer pilot programs in parallel with advancing towards full-scale production of its electric-powered trailers, essential to decarbonizing commercial fleets under pressure to meet emerging emissions reduction targets.

BlueBean: Procure To Pay Solution Company Secures $1.3 Million

By Amit Chowdhry ● Feb 29, 2024

BlueBean - an all-in-one procure-to-pay solution - announced its launch with $1.3 million in capital. Tola Capital led this funding round, and partner Aaron Fleishman joined as a board member. Created in 2023 by procurement expert and former Coupa Software VP Fabrice Saporito, BlueBean helps businesses manage expenses.

Roshal Health: $10 Million Raised To Provide On-Demand Ultrasound And Echocardiogram Services

By Amit Chowdhry ● Feb 28, 2024

Roshal Health - a new leader providing hospital grade, on-site, and on-demand ultrasound and echocardiogram services to ERs, micro-hospitals, rural hospitals, and hospital offsite facilities - announced that it secured $10 million in financing. This structured equity funding was led by Catalio Capital Management, a leading multi-strategy healthcare and life science investment firm, with participation from Green Street Impact Partners.

Elevated Signals: Modern Manufacturing Software Company Raises C$7.9 Million

By Amit Chowdhry ● Feb 28, 2024

Elevated Signals - a company pioneering modern manufacturing software - announced that it has secured C$7.9 million in Series A funding.

Glean: AI-Powered Work Assistant Company Secures Over $200 Million At $2.2 Billion Valuation

By Amit Chowdhry ● Feb 28, 2024

Glean - an AI-powered work assistant making waves among CIOs under pressure to quickly and securely deploy generative AI in the enterprise – announced it has raised over $200 million in Series D funding at a $2.2 billion valuation.

SimpleClosure: $4 Million Raised To Help Entrepreneurs Shut Down Companies

By Amit Chowdhry ● Feb 28, 2024

SimpleClosure - a company that offers easier ways to shut down a business - announced it has raised $4 million in seed funding just months after the company’s pre-seed round. This funding round was led by Infinity Ventures, with strong participation from Anthemis Group, Foxe Capital and existing investors. And a variety of new angel investors joined the round, including executives from leading software companies like Deel and Intuit, and partners at top venture firms.

Intenseye: AI-Powered Workplace Safety Solutions Company Secures $64 Million

By Amit Chowdhry ● Feb 28, 2024

Intenseye – a leader in AI-powered workplace safety solutions – announced it secured $64 million in series B funding led by new investor Lightspeed Venture Partners with participation from existing investors Insight Partners, Point Nine, and Air Street Capital. And this latest funding round is the industry's largest ever.