Startups

Percipio: AI-Based Population Health Monitoring Platform Raises $20 Million

By Amit Chowdhry ● Jan 21, 2025

Percipio Health, a population health monitoring and management platform that is scalable across rising and high-risk categories, announced its official launch and $20 million raised to date with the closing of its series A, from investors including UPMC Enterprises, WAVE Ventures, Labcorp, and First Trust Capital Partners.

Alleviant Medical: $90 Million Raised For Developing No-Implant Atrial Shunt For Heart Failure

By Amit Chowdhry ● Jan 21, 2025

Alleviant Medical - a privately held medical device company developing a no-implant atrial shunt for heart failure - announced a $90 million financing to fund its second pivotal trial. The round was led by Gilde Healthcare, and it also included Omega Funds with participation from existing shareholders S3 Ventures, RiverVest Venture Partners, Ventana Capital, Longview Ventures, Gilmartin Capital, TMC Venture Fund, and undisclosed strategic investors.

The Snow League: $15 Million Raised For Transforming Professional Winter Sports League

By Amit Chowdhry ● Jan 21, 2025

The Snow League, a professional winter sports league exclusively dedicated to snowboarding and freeskiing, announced a funding round of $15 million. The funding round was led by Left Lane Capital, with participation from existing investors including Will Ventures, Ares Management funds, David Blitzer’s Bolt Ventures, and Ryan Sports Ventures. And Rich Kleiman and Kevin Durant’s Boardroom Sports Holdings, Founder of League One Volleyball Peter Hirschmann and Kuvare Holdings also participated in the round.

Daash: Commerce Intelligence Platform Company Raises $5.5 Million (Second Seed)

By Amit Chowdhry ● Jan 21, 2025

Daash Intelligence, an AI-based predictive commerce intelligence platform for retail brands, announced it has secured $5.5 million in a second seed funding round, bringing its total funding to date to $8.25 million. New investor Bullpen Capital led the funding round, with participation from GFT Ventures as well as from returning investors Silicon Road Ventures and Red Bike Capital.

FIZE Medical: Fluid Management Optimization Company Raises $30 Million (Series A-4)

By Amit Chowdhry ● Jan 21, 2025

FIZE Medical, a leader in fluid management optimization, announced the closing of its $30 million Series A funding round, including a $14 million Series A-4 round led by Rapha Capital Management and its managed fund, Rapha Capital PE Life Sciences Fund VI. Joining this round is Valitas Venture Capital, known for its approach to go-to-market strategies in the healthcare sector. Also joining the round is eHealth Ventures, a strategic investor that provides access to global distribution channels, connections with key opinion leaders (KOLs), and a solid commercial network.

EMN: $5 Million (Series A) Raised For Transforming Nutrition For Surgery

By Amit Chowdhry ● Jan 21, 2025

Enhanced Medical Nutrition (EMN) - a food-as-medicine company that commercializes novel and evidence-based medical nutrition products to improve outcomes in surgery - announced a $5 million over-subscribed Series A funding round led by dsm-firmenich Venturing and the Corporate Venture Capital (CVC) arm of Ajinomoto Co., Inc. with participation from PeakBridge, Elder Ventures, angel investors and existing shareholders.

Thrive: Cybersecurity Company Raises Strategic Funding

By Amit Chowdhry ● Jan 21, 2025

Thrive - a provider of cybersecurity, cloud, and IT managed services - announced that it has reached a definitive agreement for a strategic investment from Berkshire Partners and existing investor Court Square Capital Partners. Along with this investment, founding investor, MC Partners, will sell its remaining stake in the Company. The financial terms of the deal were not disclosed.

Sydecar: Deal Execution Company Raises $11 Million (Series A)

By Amit Chowdhry ● Jan 21, 2025

Sydecar, a platform making it simpler and more efficient for venture fund and syndicate managers to form Special Purpose Vehicles and funds by automating banking, compliance, contracts, and reporting, announced the closing of an oversubscribed $11 million Series A funding round. The funding was led by Deciens Capital, a venture capital firm that supports early-stage founders building the next generation of financial services and shaping the future of finance, with participation from Pipeline Capital Partners and Runa Capital. Sydecar has raised over $28 million since being founded, including $8.3 million in seed funding in April 2022.

Conceivable Life Sciences: $18 Million (Series A) Raised For Advancing Development Of First AI-Based Automated IVF Lab

By Amit Chowdhry ● Jan 21, 2025

Conceivable Life Sciences, a biotech company revolutionizing the future of fertility care with the end-to-end automation of the IVF lab, announced the closing of an $18 million Series A financing. ARTIS Ventures led the round with participation from new investors, including Atlantic Health Venture Studio, Muse Capital, and Scrub Capital. Existing investors include ACME Capital, Black Opal Ventures, Cadence Healthcare Ventures, Future Positive Capital, Stride.VC, and Time BioVentures. Conceivable has raised over $39 million so far.

Men In Blazers Media Network: $15 Million (Series A) Raised For Expanding Soccer Coverage

By Amit Chowdhry ● Jan 20, 2025

Men in Blazers Media Network, a voice in U.S. soccer media, announced the closing of a $15 million Series A fundraising round. The round is led by Avenue Sports Fund, headed by Marc Lasry, Co-Founder and CEO of Avenue Capital Group (includes athletes like Stephen Curry, Lauren Holiday, Harry Kane, Candace Parker, Michael Strahan, and Lindsey Vonn). Additional investors include Bolt Ventures, led by David Blitzer; RR McReynolds (a firm co-founded by Ryan Reynolds and Rob McElhenney); The Chernin Group (founded by Peter Chernin); Ryan Sports Ventures (the sports investment arm of the Chicago-based Ryan family) and Wheelhouse (entertainment business founded by Brent Montgomery).

Skor Technologies: Indonesia-Based Personal Finance Company Raises $6.2 Million (Pre-Series A)

By Amit Chowdhry ● Jan 20, 2025

Skor Technologies, the parent company of Indonesia-focused Skorlife and the new Scorecard credit card announced it had raised $6.2 million in its latest Pre-A round. Argor Capital, a Southeast Asia-focused VC, led the round. Its previous investors, QED Investors and Saison Capital, and new investor, the Digital Currency Group, also participated in the round, bringing the total capital raised to more than $12 million for the fintech company.

Orchid: Identity-First Security Orchestration Company Raises $36 Million (Seed)

By Amit Chowdhry ● Jan 20, 2025

Orchid Security, an emerging leader in identity-first security orchestration, announced it has raised $36 million in seed funding. Co-led by Team8 and Intel Capital, with the support of CapitalOne and industry leaders, including Jeff Williams, Dror Davidoff, and Zohar Alon.

LemFi: $53 Million (Series B) Raised To Transform How Immigrants Access Financial Services

By Amit Chowdhry ● Jan 20, 2025

LemFi, a platform transforming how immigrant communities access financial services, has raised $53 million in Series B funding led by Highland Europe with participation from previous investors Left Lane Capital, Palm Drive Capital, and Y-Combinator. The new funding round brings LemFi’s total capital to $85 million.

Shippeo: Multimodal Transportation Visibility Company Raises $30 Million

By Amit Chowdhry ● Jan 20, 2025

Shippeo, a leader in real-time multimodal transportation visibility, announced a $30 million strategic funding round led by Woven Capital, Toyota’s growth fund, with participation from existing investors: Battery Ventures, Partech, NGP Capital, Bpifrance Digital Venture, LFX Venture Partners, Shift4Good, and Yamaha Motor Ventures. This new funding round will support Shippeo’s accelerated expansion across North America and APAC while driving enhancements to its Real-Time Transportation Visibility Platform. With this funding round, Shippeo’s total funding exceeds $140 million.

Vertical Compute: €20 Million (Seed) Secured To Build Integrated Memory And Computing Technology

By Amit Chowdhry ● Jan 20, 2025

Vertical Compute, a company founded by CEO Sylvain Dubois (ex-Google) and CTO Sebastien Couet (ex-imec), announced that it successfully closed a seed investment round of €20 million. The funding round was led by imec.xpand and supported by a strong investor base, including Eurazeo, XAnge, Vector Gestion and imec. And this funding will support Vertical Compute’s goals of developing a novel vertical integrated memory and compute technology, unlocking a new generation of AI applications.

Sygnum: Digital Asset Banking Company Raises $58 Million At Over $1 Billion Valuation

By Amit Chowdhry ● Jan 20, 2025

Sygnum announced it has raised a total of $58 million in its oversubscribed strategic growth round, giving it a post-money valuation of over $1 billion. Final close cornerstone investor Fulgur Ventures (a Bitcoin-focused venture capital firm) was joined by new and existing strategic and financial investors and Sygnum team members. The co-founders, board, and team members continue to hold Sygnum's majority ownership.

Instabase: $100 Million (Series D) Raised For Unstructured Data Management Solution Platform

By Amit Chowdhry ● Jan 18, 2025

Instabase, a leading applied AI solution for unstructured data, announced its $100 Million Series D. This funding round was led by QIA, with participation from existing investors Greylock Partners, NEA, Andreessen Horowitz, and Index Ventures.

Leap: Physical Retail Platform Company Raises $20 Million

By Amit Chowdhry ● Jan 18, 2025

Leap, a leading platform for physical retail, announced a $20 million funding round. Tribeca Venture Partners and DNX Ventures and existing investors joined the funding round.

BforeAI: $10 Million (Series B) Raised For Advancing Attack Intelligence Platform

By Amit Chowdhry ● Jan 18, 2025

BforeAI, an accurate predictive attack intelligence and digital risk protection solution, announced it has closed an oversubscribed $10 million Series B round of funding led by Titanium Ventures. Existing investors SYN Ventures, Karista, and Addendum Capital participated in this round to maintain their ownership stakes.

XtremeX Mining: $11 Million (Series A) Raised By Drilling Solutions Company

By Amit Chowdhry ● Jan 18, 2025

XtremeX Mining Technology (XMT), a leader in innovative drilling solutions, announced an AC-electric automated coiled tubing and electric top-drive diamond core drilling rig. And the company revealed it raised $11 million in Series A funding led by GoGreen Partners.

RocketPhone: $10.5 Million Secured For Commercializing AI-Native Conversation Platform

By Amit Chowdhry ● Jan 18, 2025

Leading conversation processing company RocketPhone.ai announced it raised $10.5 million in funds. RocketPhone.ai’s AI-based platform helps businesses serve customers faster, identify and secure more sales leads and achieve greater agent satisfaction. This latest investment will contribute to its platform's ongoing development, making business velocity 10 times more effective.

Tethis: €15 Million Raised For Developing Diagnostic Methods In Oncology With Liquid Biopsy

By Amit Chowdhry ● Jan 18, 2025

Enea TECH and Biomedical Foundation announced a €15 million investment in Tethis S.p.A., a Milan-based company at the forefront of cancer diagnostics. This new round follows previous investments from Genextra and Indaco Venture Partners.

CareGenix Raises Growth Funding From Decathlon Capital Partners

By Amit Chowdhry ● Jan 18, 2025

CareGenix Solutions - a provider of virtual healthcare services like remote patient monitoring chronic care management and behavioral health integration services - announced it has secured a multi-million dollar growth funding package from Decathlon Capital Partners.

Overland AI: $32 Million (Series A) Raised To Power Ground Ops For Modern Defenses

By Amit Chowdhry ● Jan 18, 2025

Overland AI, a company developing advanced autonomy for uncrewed ground vehicles (UGVs), announced a $32 million Series A funding round to accelerate the adoption of its ground capabilities for defense and national security. This funding round was led by 8VC, with participation from Point72 Ventures, Overmatch Ventures, Shasta Ventures, Ascend, Osage University Partners, and Caprock.

Quantifind: $22 Million Secured For AI-Based Financial Crime Intelligence Platform

By Amit Chowdhry ● Jan 18, 2025

Quantifind, a leader in AI-based financial crime intelligence, announced raising $22 million in funding from Deloitte Ventures and Stephens Group and existing investors, Citi Ventures, S&P Global, DNS Capital, and USVP, after growing by 200% last year.

Bioptimus: $76 Million In Total Funding Raised By AI Foundation Company

By Amit Chowdhry ● Jan 17, 2025

Bioptimus, an AI foundation model company, announced that it has reached a significant funding milestone of $76 million. This total funding includes a $41 million cash injection, led by Cathay Innovation with participation from prominent investors, including Sofinnova Partners, Bpifrance through its Large Venture Fund, Andera Partners, Hitachi Ventures, Boom Capital Ventures, Pomifer Capital, Sunrise, and angel entrepreneurs Emmanuel Cassimatis and Thomas Wolf.

Workwize: $13 Million (Series A) Raised To Transform IT Asset Management

By Amit Chowdhry ● Jan 17, 2025

Workwize, a platform for global IT hardware asset management, announced that it closed $13 million in Series A funding led by Klass Capital, with continued support from early-stage investors Peak and Graduate Entrepreneur Fund. This funding will fast-track Workwize's integration of AI-based automation, making it the first platform to fully automate the IT equipment lifecycle—from procurement and deployment to retrieval and disposal.

Teal Health: $10 Million (Seed) Closed To Launch Wand For At-Home Cervical Cancer Screening

By Amit Chowdhry ● Jan 17, 2025

Teal Health, a women's health company with a goal of eliminating cervical cancer in the US, announced the closing of an additional $10 million in seed funding to support the upcoming launch of the Teal Wand, which is currently under FDA review and on track to be the US market's first FDA-approved at-home self-collect cervical cancer screening device. And this new funding round brings Teal Health's funding to $23 million to date as the company accelerates its product development and readies go-to-market plans.

Micron Biomedical: Series A Funding Extended To Over $33 Million

By Amit Chowdhry ● Jan 17, 2025

Micron Biomedical, a life science company that is developing the world’s first needle-free technology for drugs and vaccines that is based on dissolvable microarrays, today announced it secured over $16 million in a Series A3 financing round, bringing the Series A equity raise total to over $33 million. J2 Ventures and the Global Health Investment Corporation (GHIC) led the round which will expand commercial manufacturing of Micron’s technology.

Ashvattha: $50 Million (Series B Extension) Raised For Developing Nanomedicine Therapeutics

By Amit Chowdhry ● Jan 17, 2025

Ashvattha Therapeutics - a clinical-stage company advancing a new class of nanomedicine therapeutics that traverse tissue barriers to selectively target and reprogram activated cells in regions of inflammation - announced additional financing as an extension of its Series B of up to $50 million led by Tribe Capital with existing investors led by Natural Capital. This funding will enable Ashvattha to complete the ongoing Phase 2 ophthalmology trial and Phase 1/2 neuroinflammation trial.