Startups

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.

Tabs: Revenue Automation Company Raises $25 Million (Series A)

By Amit Chowdhry ● Nov 13, 2024

Tabs, a leader in revenue automation for B2B businesses, announced it raised $25 million in Series A funding led by General Catalyst, with ongoing support from Primary Ventures and Lightspeed. This latest funding round highlights the company's rapid growth and increasing demand from CFOs seeking to streamline their financial operations using AI.

Neo Financial: Canadian FinTech Company Raises $360 Million (Series D)

By Amit Chowdhry ● Nov 13, 2024

Neo Financial - a leading Canadian financial technology company - announced a C$360 million Series D funding round, consisting of C$110 million of equity and C$250 million of debt. This funding round includes investments from several Canadian founders and entrepreneurs known for experiences in scaling global tech brands, such as Tobi Lütke (CEO and founder of Shopify), Stewart Butterfield (founder and former CEO of Slack), David Baszucki (investor and CEO of Roblox), and Mike Wessinger (co-founder and Executive Chair of PointClickCare). Existing investors participated in this round, including Valar Ventures, Golden Ventures, Afore Capital, and Thomvest Ventures.

hotglue: Embedded Integration Platform Company Secures $4 Million (Seed)

By Amit Chowdhry ● Nov 13, 2024

hotglue – a leading B2B SaaS provider of embedded integrations - announced it has raised $4 million in seed funding. This funding round was led by 8VC, with participation from Y Combinator, Correlation Ventures, Wayfinder Ventures, and TDF Ventures. This new funding round will support hotglue's growth, allowing the company to expand its team and further develop its technology to serve its rapidly growing customer base.

Trace Neuroscience: $101 Million (Series A) Raised To Expand Genomic Medicine Platform

By Amit Chowdhry ● Nov 13, 2024

Trace Neuroscience - a biopharmaceutical company expanding the promise of genomic medicine for people living with neurodegenerative diseases - announced its launch with a $101 million Series A funding led by Third Rock Ventures, with participation from Atlas Venture, GV, and RA Capital Management. And the company is developing novel genomic therapies that restore UNC13A protein to re-establish healthy communication between nerves and muscle cells impacted by neurodegenerative disease.

StayNow: $2.2 Million (Seed) Closed To Support Independent Hotel Owners

By Amit Chowdhry ● Nov 13, 2024

StayNow, a platform focused on supporting independent hotel owners, announced that it has raised $2.2 million in seed funding. The funding round was led by Fountane, Minnesota based venture studio, with participation from UXReactor and Founders Romal Jayswal and Siddharth Raj. This funding round represents a significant step in helping family-run hotels navigate the challenges of a rapidly changing industry.

Alentis Therapeutics: $181.4 Million (Series D) Raised To Develop Treatments For Claudin-1 Tumors

By Amit Chowdhry ● Nov 13, 2024

Alentis Therapeutics – a clinical-stage biotechnology company developing treatments for Claudin-1 positive (CLDN1+) tumors and organ fibrosis - announced that it has raised $181.4 million in Series D funding, supported by a syndicate of top-tier biotech investors. The financing will support Alentis to develop a deep pipeline of CLDN1 targeted medicines for solid tumors.

Forerunner Ventures: $500 Million Early-Stage Fund Announced, Brings AUM To Nearly $3 Billion

By Amit Chowdhry ● Nov 12, 2024

Forerunner Ventures has announced a new $500 million early-stage investment fund. This fund would focus on maximizing opportunities and their value for consumers. This fund brings Forerunner's assets under management to nearly $3 billion since the firm was launched 12 years ago.

Swoove Studios: 3D Animation Software Company Raises $7.5 Million (Seed)

By Amit Chowdhry ● Nov 12, 2024

Swoove Studios, a leading 3D animation software company, announced it had closed a $7.5 million seed funding round led by European angel investors. This funding round brings the company's total to $11 million since its launch in 2020. Subsequently, it has started a strategic review as it continues to scale across Europe and launched this month in the US.

Blue Earth Therapeutics: Radiopharmaceuticals Developer Raises $76.5 Million (Series A)

By Amit Chowdhry ● Nov 12, 2024

Blue Earth Therapeutics, a leader in the development of therapeutic radiopharmaceuticals, announced the the closing of a $76.5 million Series A funding. The funding round was led by Soleus Capital and co-led by Sands Capital Management, with existing investor Bracco Imaging SpA also participating. Woodline Partners and PBM Capital also joined the financing as new institutional investors.

Oyster: Funding Raised From ServiceNow Ventures At $1.2 Billion Valuation

By Amit Chowdhry ● Nov 12, 2024

Oyster, a global employment solution for employing, paying, and caring for distributed teams, announced it secured new financing from ServiceNow Ventures. This funding round follows Oyster’s recent Series D round, which valued the company at $1.2 billion and brings total capital raised to $291 million.

Phytolon: Natural Colors Company Raises Funding From Rich Products Ventures

By Amit Chowdhry ● Nov 12, 2024

Phytolon, an Israeli-based biotechnology and food tech company that produces natural food colors using precision fermentation, recently secured an investment from Rich Products Ventures (RPV), which is the corporate venture capital fund of global, family-owned food company Rich Products (Rich's), to help drive commercialization of its sustainable and clean-label solution for natural food colorings. In connection with the investment, Rich's will explore Phytolon's proprietary color offerings in several of its products.

Brava: Roofing Materials Company Raises Investment From Golden Gate Capital

By Amit Chowdhry ● Nov 12, 2024

Brava Roof Tile, a leading independent provider of composite roofing materials, announced an investment from Golden Gate Capital. After the deal closes, Brava’s management team, including Chief Executive Officer Adam Brantman and Chief Manufacturing Officer Andrew Ahrens, will continue leading the company and remain significant shareholders. Brava will remain based in Washington, Iowa. The financial terms were not disclosed.

Browserbase: Web Browser Automation Company Raises $21 Million (Series A)

By Amit Chowdhry ● Nov 12, 2024

Browserbase, a leader in web browser automation, announced it raised $21 million in Series A funding co-led by CRV and Kleiner Perkins, with participation from Okta Ventures and Reed McGinley-Stempel, CEO of Stych. And Browserbase’s Series A funding was raised in less than nine months and comes hot on the heels of the company’s $6.5 million seed round.

Boston Materials Raises $13.5 Million To Develop Next Generation Of Semiconductors And Aircraft Platforms

By Amit Chowdhry ● Nov 11, 2024

Boston Materials - a manufacturer of advanced materials key to the next generation of semiconductors and aircraft platforms - announced $13.5 million in new funding. The funding was led by AccelR8 and Diamond Edge Ventures, the US-based corporate venturing arm of Mitsubishi Chemical Group (a leading global carbon fiber manufacturer). With this funding round, Boston Materials is accelerating its expansion into the semiconductor market, building from its existing footprint in the aerospace market.

JERA Ventures Partners With Plug And Play For Accelerating Corporate VC Activity

By Amit Chowdhry ● Nov 11, 2024

Plug and Play, a leading global innovation platform, announced a new partnership with JERA Ventures (a corporate venture arm of JERA, the largest power generation company in Japan). By working with Plug and Play Energy, JERA Ventures aims to leverage emerging technologies and business models in Silicon Valley and beyond.

Siit: AI-Based Service Desk Solution Company Raises $5 Million (Seed)

By Amit Chowdhry ● Nov 11, 2024

Siit announced it has officially launched an AI-based Service Desk solution for IT and internal operations teams. Along with the product debut, Siit also revealed it has raised $5 million in a Seed round led by StageOne Ventures and Seventure Partners. This funding round will accelerate product development, expand market presence, and fuel Siit's ambitious growth plans.

Northflank: Developer Workload Platform Company Secures $22.3 Million

By Amit Chowdhry ● Nov 11, 2024

Northflank, a developer workload platform, announced $22.3 million in new funding, including a $16 million Series A led by Bain Capital Ventures (BCV) and a $6.3 million seed led by Vertex Ventures US. Additional investors participating in these rounds include Kindred Ventures, Tapestry VC, Pebblebed, and Uncorrelated Ventures.

BayBridgeDigital: Digital Transformation Company Raises $6 Million

By Amit Chowdhry ● Nov 11, 2024

BayBridgeDigital, a leader in digital transformation and Salesforce consulting, announced it raised a $6 million funding round, supported by institutional investors from the U.K. and the USA. This strategic funding marks a pivotal moment for BayBridgeDigital, enabling the company to accelerate the rollout of its innovative services, enhance its expertise in Salesforce, Databricks, Data, and AI, and expand its global footprint in key markets.

Pharos: Layer-1 Blockchain Network Company Raises $8 Million (Seed)

By Amit Chowdhry ● Nov 11, 2024

Pharos - a full-stack, parallel layer-1 blockchain network - announced the completion of an $8 million seed round investment co-led by Lightspeed Faction and Hack VC, with additional participation from strategic anchor investor SNZ Capital, and other investors, including Reforge, Dispersion Capital, Hash Global, Generative Ventures, Legend Star, MH Ventures, Zion, and Chorus One Ventures.

Nimbus Power Systems: Pre-Seed Funding Raised To Developed Advanced Zero-Emission Heavy-Duty Fuel Cell Engines

By Amit Chowdhry ● Nov 11, 2024

Nimbus Power Systems - a developer of advanced fuel cell technologies for heavy-duty vehicles - announced the closing of a pre-seed financing round led by Connecticut Innovations (Connecticut's strategic venture capital arm). This investment will enable Nimbus to accelerate the development and demonstration of its zero-emission heavy-duty fuel cell engine.

Conflixis: Data And Risk Intelligence Company Raises $4.2 Million (Seed)

By Amit Chowdhry ● Nov 11, 2024

Conflixis - a data and risk intelligence company - announced $4.2 million in seed capital co-led by Lerer Hippeau and Origin Ventures, with additional investment from mark vc, Springtime Ventures, and continued support from early investor Crētiv Capital.

Vitrian: $50 Million Raised To Provide Solutions For Biomanufacturing And cGMP Facilities

By Amit Chowdhry ● Nov 11, 2024

Vitrian, a leading end-to-end provider of investment capital and capacity-building services for biomanufacturing, announced that it closed a $50 million investment, with the ability to scale to $65 million, into AmplifyBio’s Manufacturing Enablement Center (AMEC) in New Albany, Ohio as a first step of a more significant commitment to support biomanufacturing in Central Ohio.

Symbiotic Security Raises $3 Million (Seed) To Offer Real-Time Feedback On Vulnerabilities

By Amit Chowdhry ● Nov 10, 2024

Symbiotic Security announced it has raised $3 million in seed funding from investors, including Lerer Hippeau, Axeleo Capital, Factorial Capital, and others. And the company has introduced its software-as-a-service that works with the developer’s Integrated Development Environment (IDE) and enables them to develop software more securely.

Physical Intelligence Raises $400 Million At $2.4 Billion Valuation To Develop AI For Robotics

By Amit Chowdhry ● Nov 10, 2024

Physical Intelligence—a company bringing general-purpose AI into the physical world—revealed that it has raised $400 million at a $2.4 billion post-money valuation. The company is comprised of engineers, scientists, roboticists, and company builders developing foundation models and learning algorithms for powering the robots of today and the physically actuated devices of the future.

The Nursing Beat: Nurse-Focused Digital Newsletter Company Raises Equity Funding

By Amit Chowdhry ● Nov 10, 2024

The Nursing Beat, a leading daily digital newsletter designed for nurses by nurses, announced the first closing of an equity funding round. This funding highlights the growing recognition of nurses as crucial influencers in healthcare and validates The Nursing Beat's approach to delivering targeted, relevant information to healthcare professionals.

Emidat: €4 Million Raised From General Catalyst To Help Reduce Emissions

By Amit Chowdhry ● Nov 10, 2024

Emidat, a leading provider of environmental data solutions for the construction industry, announced a €4 million seed funding round led by General Catalyst. This funding round will enable Emidat to support the construction industry in reducing the world's environmental footprint, starting with a revolution in labeling every building material.