Startups

Writer: Enterprise-Focused Generative AI Platform Raises $200 Million (Series C) At $1.9 Billion Valuation

By Amit Chowdhry ● Nov 19, 2024

Writer, a full-stack generative AI platform for the enterprise, announced $200 million in Series C venture funding at a $1.9 billion valuation. The funding round was co-led by Premji Invest, Radical Ventures, and existing investor ICONIQ Growth, with participation from investors including Salesforce Ventures, Adobe Ventures, B Capital, Citi Ventures, IBM Ventures, and Workday Ventures. Existing investors Accenture, Balderton, Insight Partners, and Vanguard supported the funding round.

Shiru: Ingredient Discovery Company Raises $16 Million

By Amit Chowdhry ● Nov 19, 2024

Shiru - a pioneer in AI-based ingredient discovery - announced it has secured a $16 million investment round as it leads a revolution in how ingredients are discovered and developed across multiple industries.

ScaleOps: Cloud Resource Management Company Secures $58 Million (Series B)

By Amit Chowdhry ● Nov 19, 2024

ScaleOps, a leader in real-time automated cloud resource management, announced $58 million in Series B funding led by Lightspeed Venture Partners. Returning investors NFX and Glilot Capital Partners and new investor Picture Capital participated in the round, which comes just one year after its series A and follows tremendous business growth for the company. The round brings the company's total funding to $80 million.

Fort Health: $5.5 Million Raised For Expanding Mental Health Care Services

By Amit Chowdhry ● Nov 19, 2024

Fort Health, a leader in integrated behavioral health, announced that it has raised $5.5 million to expand mental health care to more pediatricians' offices. Twelve Below and Vanterra led this funding round, bringing the total amount raised to $16 million.

ANELLO Photonics: Optical Gyroscope Company Raises Series B

By Amit Chowdhry ● Nov 19, 2024

ANELLO Photonics, the creator of the Silicon Photonic Optical Gyroscope (SiPhOG), announced the closing of a Series B funding round, evidencing investor confidence in the company's approach to inertial navigation in GPS-denied environments. The funding was co-led by Lockheed Martin, Catapult Ventures, and One Madison Group. Additional investors included New Legacy, Build Collective, Trousdale Ventures, In-Q-Tel (IQT), K2 Access Fund, Purdue Strategic Ventures, Santuri Ventures, Handshake Ventures, Irongate Capital, and Mana Ventures.

CommBox: AI-Based Customer Experience Company Raises $15 Million (Growth)

By Amit Chowdhry ● Nov 18, 2024

CommBox, a leading enterprise-grade omnichannel AI-based customer experience platform, announced the completion of a $15 million growth investment round from PSG Equity - which is a leading growth equity firm that specializes in partnering with software and technology-enabled services companies to help navigate and capitalize on transformational growth.

ATB Therapeutics: Biologics Company Raises €54 Million (Series A)

By Amit Chowdhry ● Nov 18, 2024

EQT Life Sciences announced that its LSP 7 fund has invested in ATB Therapeutics. The €54 million Series A funding round aims to accelerate the clinical development of a therapeutic antibody pipeline derived from its proprietary ATBioFarm platform. The funding was co-led by EQT Life Sciences and MRL Ventures Fund (a corporate venture arm of Merck), along with contributions from V-Bio, VIVES Partners, the Belgian sovereign fund SFPIM, Wallonie Entreprendre, Sambrinvest, and existing investors.

Moonvalley: $70 Million Secured To Build Generative AI Creative Models

By Amit Chowdhry ● Nov 18, 2024

Moonvalley, a leading imagination research company that is building generative AI creative models and tools, announced today it has raised $70 million in funding to date. This funding will propel the development of AI tools and models designed to enhance trust, transparency, and efficiency within the media industry.

ChapsVision: AI-Based Data Processing Company Raises $90 Million And Buys Sinequa

By Amit Chowdhry ● Nov 18, 2024

ChapsVision, a leader in AI-based data processing, announced the acquisition of Sinequa - which is an AI-based enterprise search and Retrieval-Augmented Generation (RAG) company. And this strategic acquisition, combined with a new $90 million (€85 million) investment led by Tikehau Capital, Qualium Investissement, Bpifrance, GENEO Capital, and Jolt Capital, accelerates ChapsVision’s growth, strengthens its global presence, and expands technology capability.

Ecore: Strategic Investment Raised From General Atlantic To Transform Reclaimed Rubber Materials Into Better Products

By Amit Chowdhry ● Nov 18, 2024

Ecore International - a global leader in circularity transforming reclaimed rubber materials into high-performance products that drive sustainability and reduce environmental impact - announced it has received a minority growth investment from General Atlantic through the firm’s BeyondNetZero climate growth fund.

myBiometry: Asthma And COPD Diagnostic Company Raises $5 Million (Seed)

By Amit Chowdhry ● Nov 18, 2024

Biometry, an asthma and COPD diagnostic and remote monitoring company, announced that it has raised $5 million in an oversubscribed seed funding round. The funding round was led by Dexcom Ventures, with participation from CareSource Indiana, Elevate Ventures, and other investor groups.

Ennoventure: AI-Based Brand Protection Company Raises $8.9 Million (Series A)

By Amit Chowdhry ● Nov 18, 2024

Ennoventure - a leader in AI-based brand protection and authentication solutions - announced the closing of an $8.9 million Series A funding round. Headed by Singapore-based venture capital firm Tanglin Venture Partners, the funding round also included participation from existing investors, including Fenice Investment Group and additional SAFE investors.

HappyPath: $4 Million Raised To Help Companies Deliver Products Faster

By Amit Chowdhry ● Nov 18, 2024

HappyPath, a startup that helps companies deliver products faster through comprehensive automated testing, announced that it has secured $4 million in funding. And the company is utilizing the funds to address a major need for more effective software testing and has officially launched its AI-powered platform to help the technology sector reimagine its approach to testing.

Helix Earth: $5.6 Million (Seed) Raised For Transforming Energy Efficiency In AC Systems

By Amit Chowdhry ● Nov 18, 2024

Helix Earth Technologies - a Houston-based hardware company at transforming clean tech solutions - announced the closing of its $5.6 million seed funding. This oversubscribed funding round was led by Veriten, the energy research, strategy, and investing firm, with participation from Anthropocene Ventures, Semilla Capital, and others including individual investors from prominent venture capital and private equity firms.

Front Row Group Raises Significant Funding From HighPost Capital

By Amit Chowdhry ● Nov 18, 2024

HighPost Capital—a leading private investment firm focused on the consumer, sports, media, and technology sectors—announced it has invested in Front Row Group, an e-commerce agency and accelerator providing fully outsourced marketplace management services in partnership with Charlesbank Capital Partners.

NovoPayment: $20 Million Raised From Morgan Stanley Expansion Capital

By Amit Chowdhry ● Nov 18, 2024

The investment funds managed by Morgan Stanley Expansion Capital announced an investment of $20 million in NovoPayment, a leading financial and payment infrastructure service provider specializing in delivering digital banking, payments and card solutions. This funding round is expected to support NovoPayment’s continued scaling and expansion of commercial partnerships.

Prokeep: Customer Engagement Company Raises $25 Million (Series A)

By Amit Chowdhry ● Nov 18, 2024

Prokeep, a leading customer communication and engagement platform for distributors, announced that it has raised $25 million in a Series A funding round. The funding round was led by Dahlia Equity Partners with continued support from Ironspring Ventures, S3 Ventures, Benson Capital Partners, and others. This funding will enable Prokeep to accelerate its growth and expand its demand generation capabilities, which are designed for distributors.

Divi: Scalp And Hair Health Brand Raises Minority Investment From Norwest

By Amit Chowdhry ● Nov 18, 2024

Divi Scalp & Hair Health - an award-winning brand with clean and science-backed products founded by entrepreneur Dani Austin - announced it has secured a minority investment from Norwest. The funding will drive international expansion, domestic scale in key metro areas, and continue to deepen the brand's established relationships with key retailers, including Ulta Beauty, Ulta Beauty at Target, and Amazon.

Fastino: AI Model Provider Company Secures $7 Million (Pre-Seed)

By Amit Chowdhry ● Nov 18, 2024

Fastino, a new foundation AI model provider, launched recently to provide a family of task-optimized language models that are more accurate, faster, and safer than traditional LLMs. And the company also announced its $7 million pre-seed funding round led by global software investor Insight Partners and M12, Microsoft’s Venture Fund, with participation from NEA, CRV, Valor, Github CEO Thomas Dohmke, and others.

Revisto: $4 Million (Seed) Raised For Transforming Pharmaceutical Marketing Compliance

By Amit Chowdhry ● Nov 18, 2024

Revisto, an AI-based solution that streamlines the medical, legal, and regulatory (MLR) review process for pharmaceutical marketing materials, announced it has secured $4 million in seed funding. This funding round was led by LiveOak Ventures, with participation from Eli Lilly and Company, Tau Ventures, and Arkin Digital Health.

SwiftConnect: Digital Pass Company Raises $37 Million (Series B)

By Amit Chowdhry ● Nov 15, 2024

SwiftConnect announced the closing of a $37 million Series B funding round to expand its access network and connect people to the right place at the right time. The latest investment round is led by Quadri Ventures, with participation from new investors HID (part of ASSA ABLOY), Egis Capital Partners, and Klingenstein Fields Advisors. And returning investors include Crow Holdings, JLL Spark, Navitas Capital, Tanzola Corp., and Spring Rock Capital. With this round, SwiftConnect has raised $74 million in total funding.

Serenity: AI-Based EHS Software Solutions Company Raises $5.5 Million (Series A)

By Amit Chowdhry ● Nov 15, 2024

Serenity, a leader in AI-based Environmental, Health, and Safety (EHS) software solutions, announced the closing of a $5.5 million Series A funding round. This investment was led by Allegion Ventures, with follow-on participation from existing investor Base10 Partners.

Camouflet: AI-Based Dynamic Pricing Solutions Company Raises $3 Million (Seed)

By Amit Chowdhry ● Nov 14, 2024

Camouflet, a leader in AI-based dynamic pricing solutions, announced the closing of a $3 million seed funding round led by a group of private investors. This funding round will accelerate Camouflet’s mission to empower businesses with adaptive, data-driven pricing strategies.

BetHog: FanDuel Co-Founders Launch Cryptocurrency Sportsbook Company With $6 Million In Seed Funding

By Amit Chowdhry ● Nov 14, 2024

BetHog - a new cryptocurrency casino and sportsbook company - announced a public launch with $6 million in seed funding led by 6MV with participation from Will Ventures, Bullpen Capital, Karatage, Advancit Capital, and several angel investors such as Chris Grove, Partner Emeritus at Eilers & Krejcik, LLC and Josh Hannah, co-founder of Flutter Entertainment.

Akeyless: Strategic Investment Raised From Deutsche Bank

By Amit Chowdhry ● Nov 14, 2024

Akeyless - an innovator in the identity security market - announced a strategic investment from Deutsche Bank’s Corporate Venture Capital (CVC) group. The company - trusted by Fortune 100 companies and industry leaders - is transforming identity security for the modern enterprise, delivering the world’s first unified Secrets & Machine Identity platform designed to prevent the number one cause of breaches; and compromised identities and secrets.

Arketi Group Raises Funding From Pair Of Private Equity Firms

By Amit Chowdhry ● Nov 14, 2024

Arketi Group, a digital marketing and public relations agency for business-to-business (B2B) technology companies, announced that it has partnered with private equity firms Go Capital and Station Partners to lead a new B2B marketing and communications agency platform.

oneZero: Investment Raised From Golden Gate Capital

By Amit Chowdhry ● Nov 13, 2024

oneZero Financial Systems - a leader in multi-asset enterprise trading technology solutions - announced an investment from Golden Gate Capital. And oneZero’s current financial partner Lovell Minnick Partners (LMP) will continue to support oneZero alongside Golden Gate Capital. The financial terms of the investment were undisclosed.

Vega: Alternative Investment Technology Company Raises $20 Million (Series A)

By Amit Chowdhry ● Nov 13, 2024

Vega - an alternative investment technology company launched by a team of former executives from leading hedge funds, private equity firms, and fintech companies, announced the closing of a $20 million Series A led by Apollo and Motive.

MIND: Data Loss Prevention Company Raises $11 Million (Seed)

By Amit Chowdhry ● Nov 13, 2024

MIND, an upcoming leader in data loss prevention (DLP), emerged from stealth and revealed its breakthrough platform for enabling organizations to protect their most sensitive data. And MIND raised $11 million in seed round funding led by YL Ventures with participation from cybersecurity leaders at Adobe, ADT, CrowdStrike, and FireEye.

Talli: Legal-Focused Digital Payments Company Raises $4 Million (Seed)

By Amit Chowdhry ● Nov 13, 2024

Talli, a digital payments platform for the legal industry, announced a $4 million seed funding round led by Vestigo Ventures. The funding will accelerate the company's mission to transform legal professionals' management of client settlements and reimbursements.