Startups Archives

HMD Global, The Company Behind Nokia Phones, Raises $230 Million

By Annie Baker ● Aug 14, 2020

Nokia phone maker HMD Global announced it has raised $230 million from several strategic partners as part of its first closing of a current funding round.

Arevo: $25 Million Series B Funding And New Aqua 2 System

By Dan Anderson ● Aug 14, 2020

AREVO — a company that is transforming composites production through digitalization — announced a $25 million Series B funding round and introduction of the Aqua 2.

AI-Based Drug Discovery Company Atomwise Secures $123 Million

By Dan Anderson ● Aug 14, 2020

Atomwise — a company that is deciphering human disease via the largest AI-drug discovery portfolio — announced that it has raised $123 million in an oversubscribed Series B financing.

Parsable Raises $60 Million To Accelerate Connected Work

By Noah Long ● Aug 14, 2020

Connected Worker Platform company Parsable announced it has raised $60 million in a Series D round of funding. These are the details about the funding.

Clinical Trial Cloud-Based Solutions Reify Health Raises $30 Million

By Annie Baker ● Aug 14, 2020

Reify Health — a provider of leading cloud-based solutions that connect and empower the clinical trial ecosystem — announced that it has raised $30 million in a Series B round of funding.

Blend: $75 Million Funding And $1.7 Billion Valuation

By Dan Anderson ● Aug 14, 2020

Blend — a leader in digital lending solutions — announced it has raised $75 million in Series F funding led by Canapi Ventures.

Gong: $200 Million Funding And $2.2 Billion Valuation

By Amit Chowdhry ● Aug 13, 2020

Gong — a revenue intelligence platform that utilizes AI to transform revenue teams — announced that it has raised $200 million in a Series D round of funding.

Online Learning Community Skillshare Raises $66 Million

By Noah Long ● Aug 13, 2020

Skillshare, one of the world’s largest online learning community for creativity, announced it has raised $66 million in funding.

Video Streaming Technology Company Mux Raises $37 Million

By Amit Chowdhry ● Aug 13, 2020

Mux — the leading video platform for developers — announced it has closed $37 million in Series C funding. These are the details about the funding.

Self-Learning Email Security Company IRONSCALES Raises $8 Million

By Annie Baker ● Aug 13, 2020

IRONSCALES — a pioneer of self-learning email security — announced that it has raised $8 million in Series B extension led by Jump Capital.

IT Asset Tracking Company Oomnitza Raises $12.5 Million

By Annie Baker ● Aug 12, 2020

IT asset tracking company Oomnitza announced it has raised its Series B institutional funding round of $12.5 million. These are the details about the funding.

AMOLED Backplane Solutions Company Mattrix Technologies Opens $3 Million Funding Round

By Dan Anderson ● Aug 12, 2020

Mattrix Technologies — a company that is developing groundbreaking AMOLED backplane solutions for the flat-panel display industry — announced that JSR Corporation has closed a second investment into the company.

GoSite Secures $16 Million To Help Business Transition Operations Online

By Dan Anderson ● Aug 12, 2020

GoSite — a platform that helps small businesses transition operations online — announced that it has closed $16 million in Series A funding. These are the details.

Industry Ventures Raises $180 Million For Direct Venture Fund

By Annie Baker ● Aug 12, 2020

Industry Ventures, LLC — a leading investment firm focused on the venture capital market — announced that it closed Industry Ventures Direct II, L.P. with total commitments of $180 million.

Healthcare Payments Company Sift Raises $2.8 Million

By Dan Anderson ● Aug 11, 2020

Milwaukee-based Sift Healthcare announced it has raised $2.8 million in a new round of funding. These are the details about the funding.

Vicarious Surgical: $13.2 Million Funding, Philip Liang And Ric Fulop Added To Board

By Noah Long ● Aug 11, 2020

Vicarious Surgical has announced that it has raised $13.2 million in funding. These are the details.

Dapper Labs Closes $12 Million From VC Firms And NBA Stars

By Amit Chowdhry ● Aug 11, 2020

Dapper Labs — a company that is developing a new Flow blockchain — announced that it has raised $12 million.

Workplace Culture Company Thriver Raises $33 Million

By Dan Anderson ● Aug 11, 2020

Thriver (formerly known as Platterz) announced that it has raised $33 million in a Series B round of funding.

Why Zynga (ZNGA) Is Buying 80% Of Rollic For $168 Million

By Amit Chowdhry ● Aug 7, 2020

Social game developer Zynga Inc (NASDAQ: ZNGA) announced this week that it has entered into an agreement to buy 80% of Istanbul-based Rollic for $168 million in cash. These are the details.

AI-Based Insights Company Zencity Raises $13.5 Million

By Noah Long ● Aug 7, 2020

Tel Aviv-based Zencity — a leading provider of AI-based insights for local governments — announced that it has closed $13.5 million in funding.

RETINA-AI Health Raises $5.2 Million To Use AI For Detection Of Diabetic Retinopathy

By Amit Chowdhry ● Aug 7, 2020

RETINA-AI Health, a company focused on building artificial intelligence to improve healthcare outcomes of prevalent diseases like diabetes, announced it has raised $5.2 million in funding.

On-Demand Mental Healthcare Company Ginger Raises $50 Million

By Amit Chowdhry ● Aug 7, 2020

On-demand mental healthcare Ginger announced a $50 million Series D funding round led by Advance Venture Partners and Bessemer Venture Partners.

Decentralized Cryptocurrency Exchange IDEX Secures $2.5 Million

By Amit Chowdhry ● Aug 7, 2020

IDEX — a leading decentralized cryptocurrency exchange (DEX) — announced that it has raised $2.5 million in a seed investment led by G1 Ventures.

Big Data Mobility Analytics Company StreetLight Raises $15 Million

By Noah Long ● Aug 7, 2020

StreetLight Data — a leader in Big Data analytics for mobility — announced it has closed a $15 million Series D funding round of funding. Macquarie Capital and Activate Capital.

Epic Games: $1.78 Billion Funding And $17.3 Billion Valuation

By Amit Chowdhry ● Aug 7, 2020

Epic Games announced that it has raised $1.78 billion in a round of funding that consisted of primary capital and secondary purchases from employee equity holders.

Mode Analytics Closes $33 Million To Advance Its Business Intelligence Platform

By Amit Chowdhry ● Aug 7, 2020

Mode Analytics, A leader in advanced analytics, announced that it has raised a $33 million Series D round of funding in order to advance its business intelligence platform.

Insurance Technology Company Verikai Raises $6 Million

By Annie Baker ● Aug 7, 2020

Insurance technology company Verikai announced that it has raised $6 million in Series A funding. These are the details about the funding.

Cybersecurity Company clean.io Raises $5 Million

By Amit Chowdhry ● Aug 7, 2020

clean.io — an emerging leader in protecting enterprises from the execution of malicious and untrusted JavaScript — announced that it has raised $5 million in Series A funding.

Document Automation Company PandaDoc Raises $30 Million

By Dan Anderson ● Aug 6, 2020

PandaDoc -- a leader in all-in-one document automation software -- announced that it has raised $30 million.

Leadership Acceleration Platform Ceresa Raises Over $1 Million

By Noah Long ● Aug 6, 2020

Austin, Texas-based Ceresa, a next-generation leadership acceleration platform that is driving a new era of diverse leaders, announced that it has closed an early seed round of over $1 million.