Startups

ElevenLabs: AI Audio Company Raises $180 Million (Series C) At $3.3 Billion Valuation

By Amit Chowdhry ● Feb 5, 2025

ElevenLabs announced it has raised $180 million in Series C funding to make speech the new standard for digital interaction. This funding round was co-led by a16z and ICONIQ Growth, with additional new investors NEA, World Innovation Lab (WiL), Valor, Endeavor Catalyst Fund, and Lunate. And existing investors Sequoia Capital, Salesforce Ventures, Smash Capital, SV Angel, NFDG, BroadLight Capital are also increasing their support. The company is also further partnering with strategic investors, including Deutsche Telekom, LG Technology Ventures, HubSpot Ventures, NTT DOCOMO Ventures, and RingCentral Ventures. This latest funding values ElevenLabs at $3.3 billion, tripling its valuation from one year before and bringing the total funding to $281 million across four rounds since its founding in 2022.

Your.World: €800 Million Strategic Investment Raised From Ares And Carlyle

By Amit Chowdhry ● Feb 5, 2025

European online solutions provider Your.World announced that it has received €800 million in long-term partnership capital in the form of preferred equity from Ares Management Credit funds and Carlyle. Launched in 2016 by Strikwerda Investments, Your.World emerged as a leading European web hosting provider, online productivity, and managed IT services. And its growth has been driven by its serial acquirer model based on high quality, sustainable value creation and scalable M&A across verticals and geographies.

Motif: $46 Million Raised For Transforming AEC Software Industry

By Amit Chowdhry ● Feb 5, 2025

Motif, a company founded by design software experts Amar Hanspal and Brian Mathews, announced it secured $46 million in seed and Series A funding to develop a next-generation platform for buildings. The Series A funding round was led by Alphabet’s independent growth fund, CapitalG, and the previously undisclosed Seed round was led by Redpoint Ventures. Pre-seed venture firm Baukunst participated in both rounds.

Finout: FinOps-For-Enterprise Platform Raises $40 Million (Series C)

By Amit Chowdhry ● Feb 4, 2025

Finout, a leading FinOps-for-enterprise platform, announced a $40 million Series C funding round. This round of funding was led by Insight Partners, with participation from Pitango, Team8, Red Dot Capital, and Maor Investments.

Harmonya Raises Funding From dunnhumby Ventures

By Amit Chowdhry ● Feb 4, 2025

Harmonya, an AI-based platform for product data enrichment, insights, and attribution serving CPG brands and retailers, announced a strategic investment from dunnhumby ventures and its existing investors Bright Pixel Capital and Team8. This funding reflects a shared commitment to advancing AI-driven solutions and enhancing value for the retail and consumer packaged goods ecosystem.

Oligo Security: $50 Million (Series B) Raised For Transforming Security For Modern Applications

By Amit Chowdhry ● Feb 4, 2025

Oligo Security, a leader in Application Detection and Response (ADR), announced $50 million in Series B funding led by Greenfield Partners, with participation from Red Dot Capital Partners, Strait Capital, and existing investors Ballistic Ventures, Lightspeed Venture Partners, and TLV Partners.

Smart Wires: $65 Million Growth Capital Raised For Transforming Electric Grid Capacity

By Amit Chowdhry ● Feb 4, 2025

Smart Wires announced it raised $65 million to propel its growth and meet rising energy needs, driven by the appetite for electricity from data centers and the rise of artificial intelligence (AI). This funding includes new investments from BP Energy Partners and significant Keystone Group contributions.

Meteomatics: $22 Million (Series C) Raised For Weather Intelligence Platform

By Amit Chowdhry ● Feb 4, 2025

Meteomatics, a weather intelligence and technology company enabling leading companies to forecast the weather’s impact on business accurately, announced its $22 million Series C funding round closing. Armira Growth led the funding round. And Klima (the Alantra Energy Transition fund) and Fortyone also participated in the round.

Triumvirate Environmental: Funding Raised From Berkshire Partners At $1.8 Billion Valuation

By Amit Chowdhry ● Feb 4, 2025

Triumvirate Environmental, a provider of environmental services, today announced a growth investment from Berkshire Partners, along with Triumvirate Environmental’s founder and CEO, John McQuillan, and the company’s team. And McQuillan and the team will remain in their current roles. The investment valued the business at $1.8 billion.

Riley AI: $3 Million (Seed) Raised For Product Insights Platform

By Amit Chowdhry ● Feb 4, 2025

Riley AI, an AI-based product insights assistant, has launched from stealth with $3 million in seed funding led by Vertex Ventures US, with participation from NextView Ventures, Hyphen Capital, and leading product angel investors. The company designed the platform with 500+ community members of user researchers, designers, and product managers.

Kaya AI: Construction Supply Chain Intelligence Platform Closes $5.3 Million (Pre-Seed)

By Amit Chowdhry ● Feb 4, 2025

Kaya AI, an advanced construction supply chain intelligence platform, announced it has officially launched out of stealth with $5.3 million in pre-seed funding led by 53 Stations, Suffolk Technologies, and Soma Capital, with additional backing from Barclays Black Formation Investments (BBFI) managed by Zeal Capital Partners, RXR, Mantis VC, Virta Ventures and other notable investors.

Sound Blade Medical: $16.5 Million (Series A) Secured To Develop Handheld Ultrasound-Guided Histotripsy Technology

By Amit Chowdhry ● Feb 4, 2025

Sound Blade Medical - a medical device company developing handheld ultrasound-guided histotripsy technology - announced the closing of an oversubscribed $16.5 million Series A funding round. And Amzak Health and Lumira Ventures co-led the round, with participation from Invest Nova Scotia.

Influence Media Partners: $360 Million In Debt Financing Raised

By Amit Chowdhry ● Feb 4, 2025

Influence Media Partners, a leading music and entertainment company focused on partnering with and investing in top music talent, announced it has secured approximately $360 million in debt financing through an inaugural private securitization, collateralized by music royalties from a portion of its impressive total portfolio. The issuance had attracted funding from premier investors including, but not limited to, Nuveen, PPM America, Aflac, Pacific Life, and accounts managed by HPS Investment Partners.

Aymium: $150 Million Raised For Producing Renewable Biocarbon Products

By Amit Chowdhry ● Feb 4, 2025

Aymium, a leading producer of renewable biocarbon products, announced the completion of a five-year $150 million financing from a wholly owned subsidiary of Bedrock Industries ManagementCo. This new financing refinances Aymium’s existing debt and adds liquidity to execute the company’s near-term growth initiatives, including developing new biocarbon and biohydrogen production facilities currently under review.

Observo AI: Agentic AI-Based Data Pipeline Company Raises $15 Million (Seed)

By Amit Chowdhry ● Feb 4, 2025

Observo AI, an agentic AI-based data pipeline company that autonomously optimizes observability and security data, announced the appointment of Steven Hua as Senior Vice President of Marketing. And following the recent $15 million seed funding round led by Lightspeed Venture Partners and Felicis Ventures, Hua will spearhead Observo AI's global marketing strategy as the company scales to meet enterprise demand for intelligent and self-optimizing data infrastructure.

Olas: $13.8 Million Raised To Advance Autonomous Agents In Crypto

By Amit Chowdhry ● Feb 4, 2025

Olas, an original AI agent platform enabling autonomous agents in crypto since 2021, announced that its core contributor has secured $13.8 million in funding led by 1kx. This funding comes as Olas unveils Pearl, the world's first agent app store, democratizing access to user-owned AI agents.

Soil Connect: New Funding Raised And Jonathan Alvarado Named As CEO

By Amit Chowdhry ● Feb 4, 2025

Soil Connect, a leading dirt marketplace and service provider for the construction and soil industry, announced several significant milestones that marked its transformative year. This includes the company raising new funding, accelerating product development, and expanding its market presence. This funding round, which was led by Heartland Ventures, with participation from Cemex Ventures, AM Ventures, TIA Ventures, GS Futures, Stellifi VC, and others, reinforces confidence in Soil Connect’s mission to revolutionize the way developers, contractors, and suppliers manage their soil and dirt needs.

Mangrove Lithium: Canada-Based Lithium Conversion Company Raises $35 Million

By Amit Chowdhry ● Feb 4, 2025

Mangrove Lithium, a lithium conversion company based in Canada, announced the closing of $35 million in financing to begin construction of a lithium refining plant in Delta, British Columbia. This milestone also follows the successful closing of a $35 million strategic investment round with participation from new investors such as Mitsubishi Corporation, Asahi Kasei Corporation, InBC Investment Corp. (InBC), Orion Industrial Ventures, and Export Development Canada. Mangrove’s existing investors, Breakthrough Energy Ventures, BMW i Ventures, and BDC Capital also joined the round.

VEIR: Superconducting Power Company Raises $75 Million (Series B)

By Amit Chowdhry ● Feb 4, 2025

Superconducting power delivery company VEIR announced the closing of an oversubscribed $75 million Series B round led by Munich Re Ventures, with participation from new and existing investors. Munich Re Ventures led the Series B round with participation from new investors Microsoft’s Climate Innovation Fund, Tyche Partners, Piva Capital, National Grid Partners, Dara Holdings, and SiteGround. And existing investors VXI Capital, Breakthrough Energy Ventures, Congruent Ventures, Engine Ventures, Fine Structure Ventures and Galvanize Climate Solutions also joined the round.

SafelyYou: $43 Million (Series C) Closed For Addressing Challenges In Senior Living

By Amit Chowdhry ● Feb 4, 2025

SafelyYou, a leader in empowering safer and more person-centered care across senior living through AI, industry-changing hardware, and remote expert clinicians, announced the closing of a $43 million Series C financing round led by Touring Capital. This funding fuels SafelyYou’s ability to help solve critical challenges in senior care, including how accurately and efficiently operators can predict residents’ care needs. Foundation Capital, Omega Healthcare Investors, Founders Fund, Cross Creek, Samsung Next, and Qualcomm Ventures also contributed to the funding round. This brings the total funding raised by SafelyYou to $100+ million.

Bonsai Robotics: $15 Million (Series A) Raised For Advancing Physical AI Solutions For Agriculture Applications

By Amit Chowdhry ● Feb 4, 2025

Bonsai Robotics, a developer of physical AI solutions for agriculture applications, announced it has raised $15 million in Series A funding. Bison Ventures led the oversubscribed round with participation from new investor Cibus Capital and existing investors Acre Venture Partners, Congruent Ventures, Fall Line Capital, E14 Fund, SNR, and Serra Ventures. This latest funding round enables Bonsai to continue enhancing its software capabilities, expanding its physical AI platform and data set, driving more OEM partnerships, and accelerating commercialization efforts.

The Helper Bees: $35 Million Raised For Expanding Aging-In-Place Platform

By Amit Chowdhry ● Feb 4, 2025

The Helper Bees, a platform transforming how older adults live and age safely in their own homes, announced the completion of a $35 million funding round. Led by Centana Growth Partners, the funding round also saw strong support from existing investors, including Silverton Partners, Impact Engine, Northwestern Mutual Future Ventures, and Alumni Ventures.

Castelion: Defense Manufacturing Company Raises $100 Million

By Amit Chowdhry ● Feb 4, 2025

Castelion – a new defense manufacturer helping America and its allies preserve peace through deterrence with long-range hypersonic strike weapons – announced it has raised $100 million in debt and equity financing. And with rising tensions in the Indo-Pacific, the United States and its allies need a non-nuclear deterrent capability. The company's affordable and mass-produced hypersonic long-range strike weapons are required to build a decisive combat power advantage and deter future aggression.

Rynse: $5 Million (Seed) Raised For Improving Ongoing Auto Services

By Amit Chowdhry ● Feb 4, 2025

Rynse - a new fleet management software for government and enterprise organizations - offers a powerful solution for fleets struggling with operational efficiency and profitability challenges like fraud, overspending, and vehicle maintenance. And by connecting fleet management with payment systems, Rynse provides an expansive network of vendors, streamlines procurement, saves time, and reduces fraud, enabling fleets to operate more efficiently. Rynse has secured $5 million in seed funding led by Autotech Ventures, with participation from returning investors Founder Collective and Correlation Ventures, along with new investor Connexa Capital.

OneVest: $20 Million (Series B) Raised For Transforming Wealth Management

By Amit Chowdhry ● Feb 3, 2025

OneVest, a comprehensive wealth management technology platform, announced the closing of a $20 million Series B equity funding round. The funding round was led by Salesforce Ventures, with participation from new investors, Allianz Life Ventures and TIAA Ventures. And returning investors include OMERS Ventures, Deloitte Ventures, Fin Capital, Luge Capital, and Pivot Investment Partners.

Imvax: $29 Million Financing Completed To Develop Whole Tumor-Derived Immunotherapies

By Amit Chowdhry ● Feb 3, 2025

Imvax - a clinical-stage biotechnology company developing personalized, whole tumor-derived immunotherapies - announced the closing of a $29 million financing round from existing investors. In the past 21 months, the company has raised $86 million to support completing its randomized, multicenter, double-blind, placebo-controlled Phase 2b trial of IGV-001 in patients with newly diagnosed glioblastoma (ndGBM).

Tana: $25 Million Closed For Human-AI Collaboration Platform

By Amit Chowdhry ● Feb 3, 2025

Tana, an all-in-one workspace that naturally integrates AI into everyday work, announced a $14 million Series A round led by Tola Capital, with participation from Lightspeed Venture Partners, Northzone, Alliance VC, and firstminute capital. This funding round brought the total to $25 million.

Riot: $30 Million (Series B) Closed For Cyber-Protection Platform

By Amit Chowdhry ● Feb 3, 2025

Riot, an employee-focused cyber-protection software platform, announced a $30 million Series B financing round led by New York-based venture capital firm Left Lane Capital. The funding round brings Riot's total raised capital to $45 million and includes participation from existing investors Y Combinator, Base10, and FundersClub.

Jump: $20 Million (Series A) Raised For AI-Based Financial Advisor Platform

By Amit Chowdhry ● Feb 3, 2025

Jump, a leading provider of AI-based solutions for financial advisors and other financial services providers, announced today the completion of a $20 million Series A funding round led by Battery Ventures, with additional participation from Citi Ventures and existing investors Sorenson Capital and Pelion Ventures Partners. This funding validates the growing demand for advisor-specific AI tools that streamline administrative tasks and empower financial professionals to elevate the advisor and client experience.

Affineon Health: $5 Million Raised To Enhance Physician Productivity

By Amit Chowdhry ● Feb 3, 2025

Affineon Health, a leader in AI-based solutions to streamline the inbox for healthcare physicians and providers, announced closing a $5 million oversubscribed funding round. And GPG Ventures led the seed round with participation from existing investor AI Fund and several other new investors. Other new investors in this round include Deepwater, Benhamou Global Ventures (BGV), Headwater Ventures, and Signal Peak Ventures.