Startups

Jiko: $29 Million (Series C) Raised To Provide Seamless Access To U.S. Treasury Bills

By Amit Chowdhry ● Dec 14, 2024

Jiko, a technology platform and bank that provides seamless access to U.S. Treasury bills, announced the completion of a $29 million Series C funding round led by existing investors Upfront Ventures, with the participation from Airbus Ventures, Red River West, Radicle Impact, and other undisclosed investors. This latest funding round strengthens the company’s operating capital as it continues establishing itself as a major player in the institutional and enterprise market.

Electrified Thermal: Heating And Thermal Energy Storage Company Raises $19 Million

By Amit Chowdhry ● Dec 14, 2024

Electrified Thermal Solutions - a leader in electrified heating and thermal energy storage solutions - announced it has raised $19 million to accelerate the commercial demonstration and growth of its MIT-developed Joule Hive Thermal Battery (JHTB) system. The round is backed by Holcim MAQER Ventures, Vale Ventures, TechEnergy Ventures, EDP Ventures, and Tupras Ventures alongside financial investor GVP Climate and follow-on investors Clean Energy Ventures and Starlight Ventures, with participation from Mass Ventures and Clean Energy Venture Group.

Koantek Raises Funding From Databricks Ventures To Accelerate Data + AI Journeys

By Amit Chowdhry ● Dec 14, 2024

Koantek - a leading Databricks technology partner and trusted advisor - announced that it has raised funding from Databricks Ventures to accelerate its mission of empowering customers on their data + AI journeys. This funding reflects Databricks' confidence in Koantek's value-driven approach, technical depth, and proven ability to deliver transformative solutions.

Syncell: Subcellular Protein Purification Company Raises $15 Million (Series A)

By Amit Chowdhry ● Dec 14, 2024

Syncell - a leader in next-generation subcellular protein purification and spatial proteomics analysis - announced the closing of a $15 million Series A funding round, bringing the total raised to $30 million. The funding will be used to expand and accelerate the global commercialization and commercial support for the company’s groundbreaking Microscoop platform. The round was led by Taiwania Capital, with participation from new and existing investors.

Albert Invent: $22.5 Million (Series A) Closed To Accelerate Materials Science Innovation

By Amit Chowdhry ● Dec 14, 2024

Albert Invent, an end-to-end R&D platform that accelerates chemical innovation in materials science using AI, today announced a $22.5 million Series A funding round led by Coatue, with TCV, Index Ventures, F-Prime, and Homebrew participation. The funding will expand the engineering team, enhance the platform's capabilities, and scale operations to meet growing demand.

Players Health: Athlete Safety And Sports Insurance Solutions Company Raises $60 Million (Series C)

By Amit Chowdhry ● Dec 14, 2024

Players Health, a leading provider of athlete safety and sports insurance solutions, announced the closing of its $60 million Series C funding round. Bluestone Equity Partners led the round, which included Mosaic General Partners, RPM Ventures, SiriusPoint, and TriplePoint Capital.

Capstan Medical: $110 Million (Series C) Raised To Advance Robotic-Enabled Minimally Invasive Solutions For Addressing Heart Valve Disease

By Amit Chowdhry ● Dec 14, 2024

Capstan Medical - a developer of robotic-enabled minimally invasive solutions to address heart valve disease - announced the closing of an oversubscribed $110 million Series C to advance its mission of bringing its innovative structural heart solution to patients. The funding round was led by Eclipse, with participation from existing investors Yu Galaxy and Intuitive Ventures, as well as new investment from Gideon Strategic Partners.

Molten Salt Solutions: $3 Million (Seed) Closed To Drive Adoption Of Nuclear Energy

By Amit Chowdhry ● Dec 14, 2024

Molten Salt Solutions announced the closing of its Seed funding, securing $3 million from Silicon Valley firms Future Ventures and True Ventures. This funding will support the development of the company's first commercial-scale lithium isotope enrichment process.