Startups

Energy Dome: CO2 Battery Company Brings In €55 Million In Funding

By Amit Chowdhry ● Jul 20, 2023

Energy Dome - the company behind the CO2 Battery, which is an innovative long-duration energy storage solution, today announced the closing of its second tranche of Series B funding, bringing the overall round to a total of €55 million (about USD $60 million).

Botco.ai Picked By Google For Startups Latino Founders Fund

By Amit Chowdhry ● Jul 19, 2023

Botco.ai - a GenAI Chat Cloud company - recently announced Google had selected it as a recipient of $150,000 in cash as part of Google’s Latino Founder Fund, which aims to support Latino entrepreneurs in the United States. Based out of Costa Rica, Botco.ai CEO Rebecca Clyde co-founded the company in 2018 and has overseen its tremendous growth within the intelligent chat industry.

Causaly: Leading AI Platform For Biomedical Research Closes $60 Million

By Amit Chowdhry ● Jul 19, 2023

Causaly - a leading AI platform for biomedical research - announced it had closed $60 million in Series B funding led by ICONIQ Growth with participation from Index Ventures, Marathon Venture Capital, EBRD, Pentech Ventures, and Visionaries Club. Strategic individuals also participated in the round, including Alex Gorsky (former Chairman and CEO of Johnson & Johnson) and Olivier Pomel (CEO and Co-Founder of Datadog).

Simbe Robotics: $28 Million Raised To Utilize AI And Robotics For Elevating Retail Performance

By Amit Chowdhry ● Jul 19, 2023

Simbe Robotics - a company utilizing AI and robotics to elevate the performance of retailers with real-time insights into inventory and operations - recently announced a Series B equity financing round of $28 million led by Eclipse.

MerQube: Index-Linked Investing Company Raises $22 Million

By Amit Chowdhry ● Jul 19, 2023

MerQube - a pioneer in technology for next-generation index-linked investing - recently announced $22 million in Series B funding. Intel Capital led the investment round with participation from new investor Allianz Life Ventures and existing investors Citi, J.P. Morgan, Laurion Capital Management, and UBS. In conjunction with the financing, David R. Mueller, Intel Capital Investment Director, will join MerQube’s board of directors.

Big Idea Ventures: First New Protein Fund II Investments Announced

By Amit Chowdhry ● Jul 19, 2023

Big Idea Ventures - a global leader in investments in the alternative protein and ingredient industry - revealed its first New Protein Fund II Paris and New York accelerator company investments today. Ten early-stage startups were selected for pre-seed investment as part of Big Idea Ventures’ bi-annual new protein accelerator program.

Stone-Goff Partners Invests In BigScoots

By Amit Chowdhry ● Jul 19, 2023

Stone-Goff Partners - a growth-oriented private equity firm focused on tech-driven B2B service companies - recently announced it has invested BigScoots, a leading value-added managed hosting service provider for the WordPress ecosystem that has helped organizations of all sizes optimize and secure their online presence.

Hammerspace: Data Orchestration System Company Secures $56.7 Million

By Amit Chowdhry ● Jul 18, 2023

Hammerspace - a company orchestrating the Next Data Cycle for enterprises - announced $56.7 million in funding in its first round of institutional investment. The funding round was led by Prosperity7 Ventures and it included participation from Pier 88 Ventures, ARK Invest, and others.

Cavli: Cellular IoT Semiconductor Company Raises $10 Million

By Dan Anderson ● Jul 18, 2023

Cavli - a leading company in the Cellular IoT ecosystem - recently announced the closure of its $10 million Series A round from global investors. Chiratae Ventures and Qualcomm Ventures led the round. And a major US technology conglomerate also participated in the round.

Chrono24: Cristiano Ronaldo Invests In Luxury Watch Marketplace

By Amit Chowdhry ● Jul 18, 2023

Chrono24 - a leading online marketplace for luxury watches - recently announced that internationally acclaimed soccer star Cristiano Ronaldo (through CR7 SA) has become an investor. “CR7” as Ronaldo is known worldwide and is equally known amongst the watch lover community for being one of the most avid personal collectors of timepieces.

Verifiable: $27 Million Raised To Help Healthcare Providers And Payers With Network Ops

By Noah Long ● Jul 17, 2023

Verifiable - an API-first innovator in the provider network management software category space - announced it has raised $27 million in Series B funding led by Craft Ventures to accelerate its next growth stage. Highland Capital Partners, 137 Ventures, Cooley, and existing investors The Altman Fund and Struck Capital also participated in the round.

Fold Health: $6 Million Closed To Support Value-Based Primary Care

By Amit Chowdhry ● Jul 17, 2023

Ford Health - a platform purpose-built to support the unique needs of value-based primary care - recently announced an additional $6 million in funding from Iron Pillar and global angel investors. This funding round comes on the heels of the company’s raise in 2022 and will be used to continue scaling Fold’s platform and to hire talent.

PrivacyHawk: Personal Data Protection Market Company Secures $2.7 Million

By Amit Chowdhry ● Jul 17, 2023

PrivacyHawk - a pioneer in personal data protection - recently announced it has received $2.7 million in funding. ff Venture Capital (ffVC) led the most recent round, including investments from Nufund, Alumni Ventures, AngelList, Gaingels, Duro Ventures, Sandhill Angels, and Seraphim Ventures. ffVC, Tech Coast Angels, Duro Ventures, and Gaingels invested in a prior round.

Affect Therapeutics: $16 Million Secured To Deliver Next-Generation Addition Recovery

By Amit Chowdhry ● Jul 17, 2023

Affect Therapeutics - a company reimagining addiction treatment for the digital age - recently announced a $16 million Series A led by TechBio-focused ARTIS Ventures with additional participation from previous investors AlleyCorp and CityLight, along with new investments from LifeArc Ventures, Samsung Next, and What If Ventures.

SAVVY: Workforce Security Automation Company Raises $30 Million

By Annie Baker ● Jul 17, 2023

SAVVY - a cybersecurity pioneer that eliminates workforce-initiated security incidents involving software-as-a-service (SaaS) applications, including generative AI - recently announced that it exited stealth and raised $30 million. Canaan led the most recent Series A funding round with key investors Cyberstarts and Lightspeed. And Cyberstarts also led the initial seed round with Lightspeed.

Collective: AI-Powered Finance Platform Company Raises $50 Million

By Dan Anderson ● Jul 17, 2023

Collective - an all-in-one online back-office platform for solopreneurs - recently announced it has raised $50 million from a syndicate of investors, including Gradient Ventures, Google’s AI fund, Innovius Capital, The General Partnership, General Catalyst, QED, Expa, and Better Tomorrow Ventures, among others. Collective will use the investment to accelerate AI deployment and quickly onboard the nearly 100K businesses on its waitlist.

Jirav: Financial Planning And Analysis (FP&A) Solution Company Raises $20 Million

By Annie Baker ● Jul 15, 2023

Sapphire Ventures: Over $1 Billion Committed To Invest In AI-Powered Enterprise Tech Startups

By Amit Chowdhry ● Jul 15, 2023

Sapphire Ventures - a global software venture capital firm backing companies of consequence - announced that it is deepening its commitment to AI by investing over $1 billion in AI-powered enterprise technology startups, including those specializing in generative AI.

Roadie: General Availability Of Its Tech Insights feature Revealed

By Amit Chowdhry ● Jul 15, 2023

Roadie - a provider of Backstage as a service - recently announced the general availability of its Tech Insights feature, a software-quality tool added to its core offering of managed Spotify Backstage. Tech Insights enables software engineering teams to establish engineering standards and automatically track and report software performance against those standards.

LunarCrush: $5 Million Raised In Round Co-Led By Draper Round Table And INCE Capital

By Amit Chowdhry ● Jul 15, 2023

LunarCrush - a rapidly growing crypto and media analytics platform - recently announced a successful $5 million Series A fundraising round, driving up the company's valuation to $30 million.

Sampler Acquires AdMass To Expand Product Offerings

By Amit Chowdhry ● Jul 14, 2023

Sampler - a shopper promotions and insights platform - recently announced its acquisition of AdMass. This AI-powered SaaS platform enables brands and their agencies to create data-driven user-generated content promotions. And this marks Sampler’s second acquisition in just four months, following the successful completion of their acquisition of beauty digital sampling agency abeo in March 2023. The back-to-back deals are part of the company's strategic efforts to expand its product offering and accelerate growth.

Sonio: $14 Million Raised To Improve The Health Of Pregnant People And Children

By Amit Chowdhry ● Jul 14, 2023

Sonio - a French medtech specializing in pregnant people and children's health - recently announced it had finalized a series A round of funding of $14 million following the initial commitment of the EIC Fund (European Innovation Council) last December. This funding round was led by Cross Border Impact Ventures, a North American impact fund dedicated to the health of women and children, and the Elaia funds, French Tech Seed managed on behalf of the State by Bpifrance in the framework of France 2030, OneRagtime, and business angels very active in the health field, including Dominique Gaillard (former president of France Invest), Alain Decombe (Dechert) and Yann Fleureau (founder of Cardiologs).

Cedars-Sinai Accelerator Welcomes 10 Health-Tech Companies To Ninth Class

By Amit Chowdhry ● Jul 14, 2023

The Cedars-Sinai Accelerator has welcomed ten health-tech companies worldwide to its ninth accelerator class. These businesses are building a variety of healthcare solutions-from monitoring devices for sepsis, heart failure, and stroke to virtual reality video games aimed at helping children manage pain and anxiety during medical procedures.

FononTech: Impulse Printing Company Secures €2.3 Million In Seed Funding

By Amit Chowdhry ● Jul 14, 2023

FononTech recently announced it has landed €2.3 million in a seed investment round. Five investors participated in this round. This first investment round was made possible through convertible loans of the TTT Smart Industries Fund, SHIFT Invest, Brabantse Ontwikkelingsmaatschappij (BOM), the Brabant Startup Fonds (BSF), and renowned investor Sake Bosch. Rabobank has also granted a loan.

Captions: AI-Powered Creative Studio Company Raises $25 Million

By Annie Baker ● Jul 14, 2023

Captions - a leading AI-powered creative studio - recently announced that they had raised $25 million in Series B funding led by Kleiner Perkins. And other esteemed investors, including Sequoia Capital, Andreessen Horowitz, and SV Angel, also participated, bringing the total capital raised to $40 million.

Notion Capital: Oversubscribed Fifth Fund Closed At €300 Million Hard Cap

By Amit Chowdhry ● Jul 14, 2023

bitewell: Corporate Food Health Benefits Provider Company Raises $4 Million

By Dan Anderson ● Jul 14, 2023

bitewell - the first-ever corporate food health benefits provider - recently announced an oversubscribed close of their $4 million seed round spearheaded by Lake Nona Sports & Health Tech Fund and Refinery Ventures. The participants in the round include Alex Morgan's Trybe Ventures, Mudita Venture Partners, Harvest Ridge Capital, and Bertelsmann's BDMI, among others.

Trax Receives Minor Equity Investment From TBK Bank (TriumphPay)

By Amit Chowdhry ● Jul 14, 2023

Trax Technologies - a global leader in Transportation Spend Management solutions - recently announced a minority equity investment by TBK Bank, SSB d/b/a TriumphPay, and a strategic relationship with TriumphPay, the premier payments network for freight brokers, factors, shippers and carriers in the North American trucking industry.

Paytient: $7.5 Million In Venture Debt From Silicon Valley Bank Closed

By Amit Chowdhry ● Jul 13, 2023

Paytient - the creator and leading provider of Health Payment Accounts (HPAs) - recently announced it has finalized a $7.5 million venture debt facility with Silicon Valley Bank (SVB), a division of First Citizens Bank

Aktivate: Scholastic Sports Management Software Company Raises $3.7 Million

By Amit Chowdhry ● Jul 13, 2023

Aktivate - a rapidly growing provider of scholastic sports management software, announced today the closing of a $3.7 million Series A funding round.