Startups

CND Life Sciences: $13.5 Million Series A Closed For Neurodiagnostics Innovations

By Amit Chowdhry ● May 4, 2025

CND Life Sciences announced that it has raised $13.5 million in its Series A equity financing round, with $8.6 million in its most recent Series A3 offering. CND's latest Series A3 round included funding from existing investor groups like Cambrian Capital Partners, Tanis Ventures, Lupo Labs, Top Corner Capital, HonorHealth, Triana, Gold Bench Capital, and BlueStone Ventures, and from new investors Labcorp, MBX Capital, and Vilas Ventures.

SETWorks: Strategic Investment Raised From Polaris Growth Fund

By Amit Chowdhry ● May 4, 2025

SETWorks, a software provider for disability service agencies and human services providers, announced it has secured a strategic growth investment from Polaris Growth Fund (PGF). Launched in the early 2000s, SETWorks offers industry-leading software and services built specifically for the disability services sector, empowering organizations to spend more time impacting the lives of the individuals they serve.

Axibo: $12 Million Raised For Developing Humanoid Robots

By Amit Chowdhry ● May 4, 2025

Axibo - a Waterloo-based robotics innovator known for its 4D volumetric capture technologies and serving customers like Netflix and Apple - announced a $12 million funding round. This funding includes $11 million from prominent external investors and $1 million from Axibo's founders, Anoop Gadhrri, Sohaib Al-Emara, and Reiner Schmidt, whose passion for robotics started in 2019 with their university's first autonomous vehicle.

Persona: $200 Million Raised At $2 Billion Valuation For Agentic AI Verified Identity Layer

By Amit Chowdhry ● May 4, 2025

Persona, a leading verified identity platform, announced a $200 million Series D funding round, bringing the company's valuation to $2 billion. The funding round was co-led by Founders Fund and Ribbit Capital, with participation from existing investors including BOND, Coatue, First Round Capital, Index Ventures, and Chemistry.

CIV Launched With $210 Million Fund To Invest In Companies Reshaping Industries

By Amit Chowdhry ● May 4, 2025

CIV, an investment firm focused on backing and building transformative companies that transform critical industries, announced the closing of its inaugural CIV Fund One. This fund has been oversubscribed, with over $210 million in commitments.

Mivium: $5 Million Raised For Semiconductor Material Science Technology

By Amit Chowdhry ● May 2, 2025

Mivium, a leading innovator in semiconductor material science, announced the completion of a $5 million equity financing round through Equifund Crowd Funding Portal. This brings Mivium's total funding to $6.34+ million, advancing the company's mission to deliver high-purity, wide-bandgap materials such as GaN (gallium nitride) to the global market.

Zucara Therapeutics: $25 Million Series B Closed For Diabetes Life Sciences Platform

By Amit Chowdhry ● May 2, 2025

Zucara Therapeutics - a diabetes life sciences company developing ZT-01, which is the first once-daily therapeutic to prevent hypoglycemia (low blood glucose levels) in people with diabetes - announced that it has completed the second and final closing of its $25 million Series B funding.

dub: $30 Million Series A Closed For Scaling Copy-Trading Platform

By Amit Chowdhry ● May 2, 2025

Copy trading app company dub announced a Series A funding round of $30 million, co-led by Notable Capital and Neo, with participation from Sandberg Bernthal Venture Partners, Peak6 Strategic Capital, and Correlation Ventures. This funding includes a $5.5 million venture debt facility provided by Silicon Valley Bank (SVB), a division of First Citizens Bank. This funding comes just one year after launching from stealth and surpassing 1 million downloads and dub has now raised a total of $47 million.

Astronomer: $93 Million Series D Raised For DataOps Platform

By Amit Chowdhry ● May 2, 2025

Astronomer (the company behind Astro, a leading unified DataOps platform powered by Apache Airflow) announced it has secured $93 million in Series D funding led by Bain Capital Ventures, along with Salesforce Ventures and existing investors including Insight, Meritech, and Venrock, with Bosch Ventures seeking to participate.

Epicore Biosystems: Series B Expanded To $32 Million

By Amit Chowdhry ● May 2, 2025

Epicore Biosystems - a digital health solutions leader developing advanced sweat-sensing wearables - announced an additional $6 million in Series B funding, bringing its total Series B raise to $32 million. The follow-on funding round includes new backing from a San Francisco-based investor and several marquee angel investors, along with continued support from Alumni Ventures and Joyance Partners.

Omnidian: Over $87 Million Raised For Tranforming Renewable Energy Services

By Amit Chowdhry ● May 2, 2025

Omnidian, a provider of comprehensive protection and performance plans for residential and commercial solar and energy storage systems, announced it has secured over $87 million in funding commitment led by B Capital (a global multi-stage investment firm with a strategic partnership with the Boston Consulting Group). This funding also included participation from existing Omnidian investors Activate Capital, Liberty Mutual Investments, National Grid Partners, and WIND Ventures, and new investors like B Capital, Marunouchi Innovation Partners, BNP Paribas Solar Impulse Venture Fund, Citi Impact Fund, and Alumni Ventures.

Avidicure: $50 Million Seed Funding Closed For Developing New Multifunctional Antibody Modality

By Amit Chowdhry ● May 2, 2025

Avidicure, a biotechnology company creating an entirely new multifunctional antibody modality with broad applicability in oncology, announced its launch with a $50 million seed financing round, led by EQT Life Sciences with participation from Kurma Partners, BioGeneration Ventures, BOM, Curie Capital, and V-Bio Ventures.

Electra: $186 Million Series B Raised For Clean Iron Platform

By Amit Chowdhry ● May 2, 2025

Electra, a clean iron company, announced a $186 million Series B funding round, co-led by Capricorn Investment Group and Temasek Holdings. This brings Electra’s total funding to date to $214 million, cementing its position as one of the leading solutions for decarbonizing iron production. This funding round also included financial investors Capricorn Investment Group, Temasek Holdings, Breakthrough Energy Ventures, Builders Vision, Collaborative Fund, Earth Venture Capital, Lowercarbon Capital and S2G Investments; strategic investor BHP Ventures; global iron ore suppliers Rio Tinto and Roy Hill; leading electric arc furnace (EAF) steelmakers Nucor and Yamato Kogyo and organizations including Interfer Edelstahl and Toyota Tsusho, who are committed to reducing the environmental impact of iron and steel in their supply chains.

Grenova: New Investment Raised And Ted Hull Joins Board

By Amit Chowdhry ● May 2, 2025

Grenova - a Virginia-based sustainable laboratory technologies company - announced two significant milestones for the company: the appointment of Ted Hull to Grenova’s board, and the completion of a new round of growth equity capital. The funding was led by Grenova investors, Peloton Equity and Hamilton Lane’s Impact Fund II, along with other existing investors.

Cocoon Capital: Over Half Of $50 Million Fund III Closed

By Amit Chowdhry ● May 1, 2025

Cocoon Capital, which is one of Southeast Asia's top-performing early-stage venture capital firms, announced the first closing of its third fund, securing $30 million towards a $50 million target. Fund III continues Cocoon's strategy of investing in high-conviction, early-stage, enterprise, and deep tech startups in critical Southeast Asian sectors.

EnChannel Medical: $82.2 Million Series B Closed For Advancing Atrial Fibrillation Care

By Amit Chowdhry ● May 1, 2025

EnChannel Medical, an innovator in cardiac electrophysiology, announced the completion of an oversubscribed Series B financing, raising $82.2 million (600 million RMB). The funding round was co-led by Dragonball Capital and existing investor Lilly Asia Ventures (LAV), with Lapam Capital's continued support.

Terminal 3: $8 Million Seed Funding Raised For Scaling Privacy Technology

By Amit Chowdhry ● May 1, 2025

Terminal 3, a Hong Kong-based Web3 startup, announced it has raised a seed funding round of $8 million. The funding round was co-led by Illuminate Financial and CMCC Titan Fund, with participation from Animoca Brands, Progression Fund, IDG Blockchain, and Cherubic Ventures. And the round also included additional investment from existing investors 500 Global, Consensys Mesh, Hard Yaka, and BlackPine.

Canopy: $70 Million Series C Raised For AI-Based Accounting Platform

By Amit Chowdhry ● May 1, 2025

Canopy, a company that has built a firm-wide operating system designed to help accountants operate the accounting firm of the future, announced a $70 million Series C funding round. Viking Global Investors (a global investment firm with over $51 billion in capital under management) led the funding round, with continued participation from existing investors Ten Coves Capital, Ankona Capital, Pelion Venture Partners, and Tenaya Capital.

VOC.AI: $15 Million Raised For AI-Based Customer Service Solutions Platform

By Amit Chowdhry ● May 1, 2025

VOC.AI, a leader in AI-based customer service solutions and intelligent insights, announced the completion of a $15 million funding round. This investment was led by Shanda Grab Ventures, in partnership with Northern Light Venture Capital and Starting Gate Fund.

indiGOtech: $54 Million Series BB Raised For Advancing Sustainable Ride Hail

By Amit Chowdhry ● May 1, 2025

indiGOtech (known as GO) - a new mobility tech company based in Massachusetts - announced it closed a $54 million Series BB funding round, including investments from FedEx, Foxconn, and FM Capital.

Nuvo: $45 Million Raised For Accelerating Modern B2B Trade

By Amit Chowdhry ● Apr 30, 2025

Nuvo, a network accelerating modern B2B trade, announced that it has raised $45 million in funding from Sequoia Capital, Spark Capital, Founders Fund, Index Ventures, Human Capital, Foundation Capital, Susa Ventures, and prominent angel investors including Gokul Rajaram, Max Mullen (Founder of Instacart), Matt MacInnis (COO of Rippling), Sanjit Biswas and John Bicket (Samsara founders), Varun Anand (Founder of Clay), Eugene Marinelli and Rosco Hill (Blend’s founders), Ryan Petersen (Founder of Flexport), and Ali Rowghani (Former MD of Y Combinator).

Azalea: €9 Million Series A Raised For Intelligent Connected Vision Platform

By Amit Chowdhry ● Apr 30, 2025

Azalea Vision, a health technology company engineering the future of sight, announced the first closing of its €15 million Series A funding round. The company raised €9 million and appointed Robert J. Dempsey Chairman of the Board to guide strategic growth in the European and U.S. markets.

Cloud Capital: $7.7 Million Raised For Spend Platform

By Amit Chowdhry ● Apr 30, 2025

Cloud Capital announced it has launched out of stealth with $7.7 million in funding to help CFOs regain financial control of their cloud infrastructure.

Noxtua: €80.7 Million Raised For Legal AI Technology

By Amit Chowdhry ● Apr 30, 2025

Berlin-based legal tech company Xayn (soon to be Noxtua SE), developer of Europe's first sovereign Legal AI Noxtua, announced recently it has completed its Series B investment round of about €80.7 million with C.H.Beck (Germany’s leading legal publisher) as the leading investor. And additional new investors on board include High-Performance Computing (HPC) specialist Northern Data, Germany’s largest business law firm CMS as Xayn's long-standing partner and co-initiator of the Legal AI Noxtua, and global law firm Dentons.

Nourish: $70 Million Series B Closed For Addressing Chronic Disease With AI-Based Nutrition Care

By Amit Chowdhry ● Apr 30, 2025

Nourish, a leading provider of nutrition counseling in the country, announced a $70 million Series B funding round, bringing total funding to $115 million. The funding round was led by J.P. Morgan Private Capital’s Growth Equity Partners, with participation from Thrive Capital, Index Ventures, Y Combinator, Maverick Ventures, BoxGroup, Atomico, G Squared, and Pinegrove.

IXI: $36.5 Million Series A Raised For Developing Autofocus Eyewear

By Amit Chowdhry ● Apr 30, 2025

IXI, a company on a mission to change how the world sees with the first autofocus glasses, announced it has raised $36.5 million in Series A funding. The funding round was led by Plural, with participation from Tesi, byFounders, Heartcore, Eurazeo, FOV Ventures, Tiny Supercomputer and IXI’s existing investors, including Maki.vc, First Fellow, Amazon Alexa Fund, firstminutecapital, John Lindfors, Illusian, and Bragiel Brothers.

Sennos: $15 Million Raised To Transform The Fermentation Industry

By Amit Chowdhry ● Apr 29, 2025

Sennos, a leader in AI sensing, analytics, and automation for the fluidics and fermentation industries, announced the closing of $15 million in funding. The funding round was led by TomEnterprise, founded by Thomas von Koch (former CEO of EQT) and Jan Ståhlberg.

Basil Systems: $11.5 Million Raised For Making Life Sciences More Intelligent

By Amit Chowdhry ● Apr 29, 2025

Basil Systems, a leading AI-based product lifecycle intelligence platform for the life sciences industry, announced it has raised a total of $11.5 million in funding led by Golden Ventures, with participation from Hearst Ventures and Argosy Capital.

Reusables.com: $2.6 Million Raised For Addressing Packaging Waste Opportunity

By Amit Chowdhry ● Apr 29, 2025

Reusables.com, a category-defining platform for tech-enabled reuse, announced its oversubscribed $2.6 million seed round, co-led by StandUp Ventures and Amplify Capital, with participation from Sandpiper Ventures and Emend Vision Fund.

Altruist: $152 Million Series F Raised At About $1.9 Billion Valuation To Advance Innovation For RIAs

By Amit Chowdhry ● Apr 29, 2025

Altruist, a modern custodian for RIAs, announced $152 million in Series F funding led by GIC, a global institutional investor. Salesforce Ventures, Geodesic Capital, Baillie Gifford, Carson Family Office, ICONIQ Growth, and a select group of additional partners also participated. This funding round values the company at about $1.9 billion.