Startups

Aignostics: $34 Million (Series B) Raised To Turn Complex Pathology Data Into Transformative Insights

By Amit Chowdhry ● Nov 3, 2024

Aignostics - a global AI company that turns complex multi-modal pathology data into transformative insights - announced that it has raised $34 million in Series B financing. This additional funding will be used for building new product offerings for biopharmaceutical clients, driving growth within the US and developing leading foundation models for pathology in collaboration with the Mayo Clinic. This oversubscribed funding round was led by ATHOS, with investments from Mayo Clinic and growth financing from HTGF, along with support from existing investors Wellington Partners, Boehringer Ingelheim Venture Fund, CARMA Fund, and VC Fonds Technologie managed by IBB Ventures.

Sierra: Conversational AI Company Raises $175 Million At $4.5 Billion Valuation

By Amit Chowdhry ● Nov 3, 2024

Sierra, a conversational AI company founded by former Salesforce co-CEO Bret Taylor, announced it raised $175 million in funding led by Greenoaks Capital. ICONIQ and Thrive Capital contributed to this new funding round. This funding round valued Sierra at $4.5 billion, more than quadrupling its $1 billion valuation in January.

JPalmer Collective: Asset-Based Lending Company Raises $72 Million

By Amit Chowdhry ● Nov 2, 2024

JPalmer Collective (JPC), an asset-based lending company committed to funding high-growth women-led and natural products companies, announced a series of deals raising $72 million in gross proceeds. And the capital consists of a strategic combination of financing, including a senior revolving credit facility provided by Texas Capital Bank, a mezzanine credit facility from a New York-based institutional alternative asset manager, and a common equity infusion.

Pip Care: Surgical Optimization Company Raises $5 Million (Series A)

By Amit Chowdhry ● Nov 2, 2024

Pip Care, a company that optimizes the surgical journey for care teams and patients, announced a Series A raise of $5 million in equity funding. The funding round was led by A1 Health Ventures, with participation from existing investor UPMC Enterprises.

HEN Nozzles: $8 Million (Seed) Raised To Transform Fire Suppression Technology

By Amit Chowdhry ● Nov 2, 2024

HEN Nozzles, a leader in firefighting innovation, announced it secured $8 million in seed funding to accelerate its fluidics technology. This seed round has been supported by several venture capital and strategic angel investors, including O'Neil Capital Partners, Cthulhu Ventures, Z21 Ventures, TiE Silicon Valley Angels, Sacramento Angels, and Shasta Angels.

Bifrost AI: Generative 3D Data Platform Company Raises $8 Million (Series A)

By Amit Chowdhry ● Nov 2, 2024

Generative 3D data platform Bifrost AI announced it has raised $8 million in Series A funding. Carbide Ventures led this round, which also included Airbus Ventures, Peak XV's Surge (formerly Sequoia Capital India & SEA), Wavemaker Partners, MD One, and Techstars.

Delos Insurance Solutions: Wildfire Science And Satellite Imagery Company Raises $9 Million (Series A)

By Amit Chowdhry ● Nov 2, 2024

Delos Insurance Solutions—a company that uses wildfire science and satellite imagery expertise to solve homeowners' wildfire insurance availability issues—announced it has raised $9 million in Series A funding. The funding round was led by HSBC Asset Management and included IA Capital Group, Blue Bear Capital, Generation Space, and several angel investors.

Shift Bioscience: $16 Million (Seed) Raised To Use GenAI For Reversing Aging Processes

By Amit Chowdhry ● Nov 2, 2024

Shift Bioscience—a biotech company using generative AI models to understand how activation of different genes can reverse the aging process—announced it raised $16 million in seed funding. This round was led by BGF, with existing investors F-Prime Capital, Kindred Capital, and Jonathan Milner participating.

Tako: AI-Based Search Company Raises $5.75 Million Seed

By Amit Chowdhry ● Nov 2, 2024

Tako, an AI-based search engine for visualizing and sharing the world's knowledge, announced it raised $5.75 million in a seed funding round led by Kevin Hartz at A* and Ramtin Naimi at Abstract Ventures with participation from Stanley Druckenmiller / Kevin Warsh, Gokul Rajaram, Naval Ravikant, Stan Chudnovsky, Guillermo Rauch (Vercel), Scott Belsky (Adobe), GC Lionetti (OpenAI), George Sivulka (Hebbia), Aravind Srinivas (Perplexity), Johnny Ho (Perplexity), Kanjun Qiu (Outset Ventures), Joe Montana (Liquid2 Ventures), Chase Coleman, Diogo Monica (Haun Ventures), Nathan McCauley (Anchorage Digital), Paul Yacoubian (Copy.ai) and others.

Cymbiotika: Wellness Brand Raises $30 Million In Debt Financing

By Amit Chowdhry ● Nov 2, 2024

Cymbiotika, a leading wellness and supplement brand committed to transforming health through innovative, science-backed formulations, has completed a $30 million debt financing round. The funding was led by RevTek Capital.

Victor Capital Partners: Fund II Closed At $310 Million In Commitments

By Amit Chowdhry ● Nov 2, 2024

Victor Capital Partners - a leading middle market private equity firm that partners with branded businesses in the specialty consumer, industrial technology, and business services sectors - announced the successful closing of its oversubscribed Victor Capital Partners Fund II, L.P. (“Fund II”). With capital commitments of $310 million, Fund II exceeded its fundraising targets based on strong support from existing and new investors, including a diverse group of institutional limited partners.

LINGO: Education Tech Company Raises $2.25 Million (Seed)

By Amit Chowdhry ● Nov 1, 2024

Pinnacle Private Ventures (an influential family office-owned private investment firm led by Sean McCurry) announced it led an investment of $2.25 million in LINGO, a leading edtech company founded by former NASA rocket scientist, serial entrepreneur, and future Blue Origin astronaut Aisha Bowe that is transforming STEM learning through its innovative curriculum. This funding round highlights a decisive shift in the venture capital landscape—redefining how women and minority founders can access the resources needed to drive meaningful societal change.

OpenOrigins: $4.5 Million (Seed) Secured To Protect Authenticity Through Provenance-Focused Blockchain

By Amit Chowdhry ● Nov 1, 2024

OpenOrigins, a company founded to protect content authenticity through its provenance-focused blockchain, has expanded globally with a $4.5 million seed investment led by Galaxy Interactive with participation from Galaxy Ventures and existing investor Unbound (a global investment firm led by Shravin Bharti Mittal).

Herald: Commercial Insurance Digital Infrastructure Secures $12 Million (Series A)

By Amit Chowdhry ● Nov 1, 2024

Herald, a leading digital infrastructure provider for commercial insurance, announced a $12 million Series A funding round co-led by Lightspeed Venture Partners and Brewer Lane Ventures with participation from Afore Capital and Underscore Venture Capital.

DeNexus: Cyber Risk Management Company Raises $17.5 Million (Series A)

By Amit Chowdhry ● Nov 1, 2024

DeNexus - a leader in end-to-end cyber risk management for operational technology (OT) - announced it has raised $17.5 million in a Series A funding round, positioning DeNexus to accelerate its growth and expand its innovative product offerings and markets.

Bright Uro: LUTS-Focused Medical Device Company Closes $32 Million (Series A)

By Amit Chowdhry ● Oct 31, 2024

Bright Uro, a medical device company to transform care for lower urinary tract symptoms (LUTS) through innovations in urodynamics, announced today the second closing of its Series A funding round, which was oversubscribed by nearly 40% above and secured a total of $32 million for the company.

MOTORMIA: Automotive Platform Company Raises $8 Million

By Amit Chowdhry ● Oct 31, 2024

MOTORMIA (a new automotive enthusiast platform aimed at transforming the automotive aftermarket industry through AI) has raised funding from multiple venture capital firms. And Mia, the platform's revolutionary AI virtual assistant, can tailor users' experiences to various levels of knowledge, generate AI vehicle renderings, make performance upgrade suggestions, and help users understand the best choices for specific build goals.

Databento: $10 Million Raised To Make It Faster To Access Institutional-Grade Financial Data

By Amit Chowdhry ● Oct 31, 2024

Databento, one of the fastest-growing companies in the financial data industry, announced the successful closing of $10 million in additional funding, increasing its total Series A round to $30 million. This funding news caps off an extraordinary year that saw a 985% surge in revenue and over 7,000 new customers.

Parakeet Health: $3 Million (Seed) Closed To Improve Patient Engagement For Healthcare Providers

By Amit Chowdhry ● Oct 31, 2024

Parakeet Health, a generative AI company focused on improving patient engagement for healthcare providers, announced the launching of its generative AI voice platform, which transforms how healthcare providers handle patient communication at scale. And the company also secured $3 million in seed funding led by Canvas Ventures with participation from CoFound Partners, StoryHouse Ventures and several prominent individual investors, including former One Medical CEO Tom Lee, MD, and former Twitter CTO Adam Messinger.

Final Boss Sour: Healthier Snack Alternative Brand Company Raises $3 Million

By Amit Chowdhry ● Oct 31, 2024

Final Boss Sour - a gaming-themed healthier snack alternative brand known for its retro-gaming-inspired sour snacks - announced that it has raised $3 million in a seed funding round led by Science Inc. This funding round was joined by investors including Steve Aoki’s venture fund Aoki Labs, F4 Fund, GFR Fund, Uncommon Denominator, and with participation by Jason Calacanis' LAUNCH Fund and The Syndicate.

Finix: Full-Stack Payment Processor Company Secures $75 Million (Series C)

By Amit Chowdhry ● Oct 31, 2024

Finix, a full-stack payment processor enabling businesses to accept and send payments online and in-store, announced it has raised $75 million in Series C funding, led by Acrew Capital and co-led by Leap Global and Lightspeed Venture Partners, with participation from new investors Citi Ventures, Tribeca Venture Partners, and more. And existing investors, including Homebrew, Insight Partners, Inspired Capital, Cap Table Coalition, and others, also participated.

Brightwave: AI-Based Financial Research Company Raises $15 Million (Series A)

By Amit Chowdhry ● Oct 31, 2024

Leading AI financial research platform Brightwave announced the closing of a $15 million Series A funding round, led by Decibel Partners and with participation from OMERS Ventures. This funding round brings Brightwave’s total funding to $21 million following an oversubscribed Seed round in June. Brightwave also achieved four times revenue growth in the four months since the announcement of its seed funding.

Zenity: Agentic AI Company Raises $38 Million (Series B)

By Amit Chowdhry ● Oct 30, 2024

Agentic AI Zenity announced they received $38 million in Series B funding co-led by Third Point Ventures and DTCP, raising the total to over $55 million. This follows the recent strategic investment by Microsoft's venture arm M12, which received strong support from existing investors Intel Capital and Vertex Ventures.

HOMEE: AI-Based Direct Repair Network Company Raises $12 Million (Series C)

By Amit Chowdhry ● Oct 30, 2024

HOMEE, an AI-based direct repair network for the property and casualty insurance industry, announced it closed a Series C Financing led by W.R. Berkley Corporation. This financing - which includes new investors The Institutes (the leading provider of risk management and training for the insurance industry) and Sure (the fastest growing insurance tech building the technology rails for digital insurance) brings the total funding raised by the company to over $75 million. These new investors join existing strategic investors: State Farm, Liberty Mutual, The Hartford, and Desjardins.

Accelerate Infrastructure Opportunities: Real Estate Firm Raises $780 Million

By Amit Chowdhry ● Oct 30, 2024

Accelerate Infrastructure Opportunities announced a $780 million capital raise featuring a $630 million equity commitment from funds and co-investors managed by CBRE Investment Management (CBRE IM) and a $150 million inaugural asset-backed securitization.

RiPSIM: $5 Million (Seed) Raised To Generate And Deliver Mobile Network Autentication Credentials

By Amit Chowdhry ● Oct 30, 2024

RiPSIM Technologies - the makers of the world’s first software platform for generating and delivering mobile network authentication credentials on demand - announced a $5 million Seed Series funding round led by cybersecurity-focused Ten Eleven Ventures. This funding will drive the expansion of RiPSIM’s eSIM-as-a-Service management platform, a novel solution modernizing the eSIM generation and delivery process.

INBRAIN Neuroelectronics: Brain-Computer Interface Therapeutics Company Secures $50 Million (Series B)

By Amit Chowdhry ● Oct 30, 2024

INBRAIN Neuroelectronics, a brain-computer interface therapeutics (BCI-Tx) company developing graphene-based neural technologies, announced the closing of a $50 million Series B funding round. The funding round was led by imec.xpand with new investors EIC Fund, Fond ICO Next Tech, CDTI-Innvierte and Avançsa. And existing investors Asabys Partners, Aliath Bioventures and Vsquared also participated, bringing the total amount raised since inception to $68 million.

Matia: Data Operations Platform Secures $10.5 Million

By Amit Chowdhry ● Oct 30, 2024

Matia, a unified data operations platform bringing ingestion, reverse ETL, observability, and catalog capabilities into one platform, announced it is emerging from stealth with $10.5 million funding led by Leaders Fund & Secret Chord Ventures. The round also includes participation from Cerca Partners & Caffeinated Capital.

Moniepoint: $110 Million Secured To Scale Digital Payments Solutions

By Amit Chowdhry ● Oct 30, 2024

Moniepoint, Africa’s fastest-growing fintech, announced it successfully raised $110 million in equity financing to power the dreams of millions of businesses and their customers across Africa and the diaspora.

Auquan: AI-Based Financial Services Company Raises $4.5 Million (Seed Addition)

By Amit Chowdhry ● Oct 30, 2024

Auquan, an AI-based innovator in financial services, announced a $4.5 million addition to its seed round, led by Peak XV with continued participation from Neotribe Ventures. This brings the total seed funding to $8 million.