Startups

Turtle Club: $6.2 Million Secured For Advancing Onchain Liquidity Distribution Protocol

By Amit Chowdhry ● May 18, 2025

Turtle Club announced the closing of a $6.2 million seed funding round to advance its on-chain liquidity distribution protocol. The funding round was led by THEIA, with participation from Susquehanna (SIG), Laser Digital, Consensys, Selini, RE7 Capital, L2IV, Archimed Capital, Trident Digital, Bodhi Ventures, Shorewoods, Triton Liquid, AUROS Global, Chorus One, Frachtis, Moonhill Capital, Tulipa Capital, and others. And notable angel investors include Ethereum co-founder Joseph Lubin, Wintermute co-founder Yoann Turpin, and Ryan Fang of Ankr.

Samaya AI: $43.5 Million Raised To Advance AI Platform For Financial Services

By Amit Chowdhry ● May 18, 2025

Samaya AI, an expert AI platform for financial services, announced $43.5 million in financing, led by NEA (New Enterprise Associates), with participation from leaders in technology and financial services, including Eric Schmidt (former CEO of Google), Yann LeCun (AI Turing Award winner), David Siegel (Co-founder Two Sigma), and Marty Chavez (Vice Chair Sixth Street), and others.

Granola: $43 Million Series B Raised For AI-Based Notepad

By Amit Chowdhry ● May 18, 2025

Granola, an AI-based notepad that combines your typed notes with AI transcriptions, launched Granola 2.0. The launch also coincided with the announcement that Granola has raised $43 million in Series B funding led by Nat Friedman and Daniel Gross from NFDG, with continued participation from existing investors Mike Mignano from Lightspeed Venture Partners and Nabeel Hyatt from Spark Capital. The company has also attracted investment from a notable roster of angel investors, including Guillermo Rauch (Vercel), Amjad Masad (Replit), Tobi Lutke (Shopify), Karri Saarinen (Linear), Lenny Rachitsky (Lenny's Newsletter), Des Traynor (Intercom), Karim Atiyeh (Ramp), Zach Lloyd (Warp), Charlie Songhurst, Noah Weiss, Romain Huet, Nilan Peiris and Laura Modiano.

Zeno Power: $50 Million Series B Closed For Nuclear Battery Development

By Amit Chowdhry ● May 18, 2025

Zeno Power, a leading developer of nuclear batteries – radioisotope power systems – for frontier environments, announced a $50 million Series B funding round, led by Hanaco Ventures with participation from Seraphim, Balerion Space Ventures, JAWS, Vanderbilt University, RiverPark Ventures, Stage 1 Ventures, 7i Capital, Beyond Earth Ventures, and others. This funding brings Zeno’s total capital raised to over $70 million, following its Series A led by Tribe Capital in 2022.

Metafoodx: $9.4 Million Raised For Fighting Food Waste

By Amit Chowdhry ● May 17, 2025

Metafoodx, an AI food operations company, announced it has raised $9.4 million in funding led by Trustbridge Partners, with participation from BlueRun Ventures and ScalableVision Capital.

Therini Bio: $39 Million Series A Secured For Advancing Clinical Development Of Neurodegenerative Disease Immunotherapies

By Amit Chowdhry ● May 17, 2025

Therini Bio - a clinical-stage biotech company developing fibrin-targeting immunotherapies for neurodegenerative diseases driven by vascular dysfunction - announced that it raised $39 million in a Series A extension financing. This extension financing included new investors, Angelini Ventures and Apollo Health Ventures, along with existing investors SV Health Investors’ Biotech Fund and Dementia Discovery Fund, MRL Ventures Fund, Sanofi Ventures, Eli Lilly and Company, Dolby Family Ventures, and Foundation for a Better World. This financing funding Therini Bio’s Series A, bringing the total to $75 million.

Redica Systems: Financing Raised For Advancing Quality In Life Sciences

By Amit Chowdhry ● May 17, 2025

Redica Systems, a leader in Quality and Regulatory Intelligence for the Life Sciences industry, announced a financing. Merck Global Health Innovation Fund (MGHIF), along with existing investors Savant Growth and Rock Creek Capital, participated in the financing.

Ascendx: $110 Million Raised To Transform CRM With AI-Based Insights

By Amit Chowdhry ● May 17, 2025

Ascendx, a provider of enterprise-grade CRM SaaS solutions, announced it has raised $110 million. Osprey Investors and Columbia Lake Partners led the funding. This funding features $60 million in equity and $50 million in debt financing and marks one of the largest growth-stage investments in the CRM space to date.

ContactMonkey: Growth Capital Raised From CIBC Innovation Banking

By Amit Chowdhry ● May 17, 2025

CIBC Innovation Banking announced that it has provided growth capital financing to ContactMonkey, a portfolio company of Updata Partners. ContactMonkey is an internal email platform used by 10,000+ communicators worldwide. And the platform integrates with commonly used applications such as Microsoft Outlook, Microsoft Teams, and major human resource information software (HRIS) platforms, helping users engage employees across their organization.

Left Main REI: Strategic Investment Raised From Cofounders Capital

By Amit Chowdhry ● May 17, 2025

Left Main REI, a leading CRM and data intelligence platform for real estate investors, announced the closing of a series seed round and major strategic investment from Cofounders Capital, a North Carolina-based venture capital firm.

Algoma: $2.3 Million Seed Funding Raised For Real Estate Development Platform

By Amit Chowdhry ● May 17, 2025

Algoma, an AI-native real estate development platform that helps developers turn an address into a deal, announced it has raised $2.3 million in seed funding. The funding round was led by Zacua Ventures, with participation from SOSV, Iron Prairie Ventures, DOMiNO Ventures, Compose VC and a network of angel investors across AI, construction, and real estate.