Startups

Rivermark Medical: $30 Million (Series C) Closed To Advance Development Of Flostent

By Amit Chowdhry ● Oct 15, 2024

Rivermark Medical, a leader in minimally invasive solutions for Benign Prostatic Hyperplasia (BPH), announced the closing of a $30 million Series C financing round. The funding round was led by American Century Investments (ACI), including new investors Venture Investors Health Fund, Time BioVentures, and an unnamed strategic investor, with follow-on participation from existing investors View Ventures, Cadence Healthcare Ventures, and Anduril Investors.

Document Crunch: Construction-Focused Compliance Platform Raises $21.5 Million (Series B)

By Amit Chowdhry ● Oct 15, 2024

Document Crunch, which is a document compliance platform for the construction industry, announced it has raised $21.5 million in Series B funding. The funding round was led by Titanium Ventures and included participation from key strategic partner Nemetschek Group, along with major construction companies like Andres Construction and Satterfield & Pontikes, plus existing investors, including Navitas Capital, Zacua Ventures, Fifth Wall, and Ironspring Ventures. Along with the funding round, the company will add Yash Patel, General Partner at Titanium Ventures as a new member to its Board of Directors.

Sidepit: Pre-Seed Raised To Transform Financial Markets

By Amit Chowdhry ● Oct 15, 2024

Fintech startup Sidepit announced the closing of its pre-seed financing round. This funding round will enable Sidepit to accelerate the development of a transformative trading platform built around a patented Decentralized Limit Order Book (DLOB). This new technology is designed to democratize trading by eliminating the hidden market manipulation commonly found in both centralized and decentralized exchanges.

Major League Table Tennis: Strategic Investment Raised To Accelerate Growth

By Amit Chowdhry ● Oct 15, 2024

Major League Table Tennis (MLTT) announced a significant strategic investment round to accelerate the growth, continue the momentum, and transform the landscape of professional table tennis in North America. This follows the momentum of a successful inaugural 2023-24 season.

Arda Therapeutics: Targeted Cell Depletion Therapy Company Raises $43 Million (Series A)

By Amit Chowdhry ● Oct 15, 2024

Arda Therapeutics, a pioneer in targeted cell depletion therapies for chronic diseases, announced the successful completion of a $43 million Series A funding round. This funding round was led by existing investor Andreessen Horowitz (a16z Bio + Health), with participation from Two Sigma Ventures, RV Invest, Eli Lilly and Company, GV, Biovision Ventures, Valhalla Ventures, Indicator Ventures, Alumni Ventures, LifeLink Ventures, Mana Ventures, Gaingels and ExitFund.

clock.bio: Healthspan Biotech Company Secures $5.3 Million (Seed)

By Amit Chowdhry ● Oct 15, 2024

Healthspan biotech company clock.bio announced it has raised $5.3 million in seed funding, led by LocalGlobe and with participation from BlueYard Capital, Onsight Ventures, and Dr. Jonathan Milner (the founder of Abcam). The company made significant progress in decoding the biology of human rejuvenation, identifying more than 100 genes that jointly constitute an "Atlas of Rejuvenation Factors.”

Third Dimension: $7 Million (Seed) Raised To Redefine 3D Creation

By Amit Chowdhry ● Oct 15, 2024

3D Generative AI company Third Dimension AI announced the closing of its $7 million seed financing led by Felicis, with participation from Abstract Ventures, MVP, Soma Capital, Solari Capital, and other investors. The capital will be used to expand the Third Dimension team and further train 3D generative AI models that will bring to life Third Dimension's goal of becoming a leading 3D company.

Glooko: Digital Health Company Raises $100 Million (Series F)

By Amit Chowdhry ● Oct 15, 2024

Glooko, a global integrated digital health company connecting patients, providers, biopharma, and medical device partners, announced that it has secured a $100 million Series F funding round. And the company’s Board of Directors also announced the appointment of Mike Alvarez as CEO.

watchTowr: Cybersecurity Company Secures $19 Million (Series A)

By Amit Chowdhry ● Oct 15, 2024

watchTowr, a cybersecurity startup redefining External Attack Surface Management, announced a $19 million Series A funding round led by Peak XV (formerly known as Sequoia India & Southeast Asia), with repeat participation from Prosus Ventures and Cercano Management. And the company will use the funds to capture market leadership and accelerate global growth by expanding its go-to-market, research and engineering teams. The latest investment has raised its total to $29 million.

Booster Therapeutics: $15 Million Raised For Advancing New Class Of Proteasome Activator Medicines

By Amit Chowdhry ● Oct 15, 2024

Booster Therapeutics, a biotechnology company pioneering a new class of proteasome activator medicines to treat neurodegenerative and other diseases, launched with the support of a $15 million financing led by noted life sciences investors Apollo Health Ventures and Novo Holdings. Booster was created by Dr. Diogo Feleciano, Prof. Dr. Darci Trader, and Apollo Health Ventures, emerging from Apollo's company creation investment strategy. The company is developing small molecule therapeutics that boost the innate activity of proteasomes to restore the body’s ability to remove a wide range of disease-causing proteins.

Holobiome: Microbiome Platform Company Raises $9 Million (Seed)

By Amit Chowdhry ● Oct 15, 2024

Holobiome announced it closed an oversubscribed Seed round of $9M. The funding round was led by iSelect Fund, with major participation from Corundum Systems Biology, Satori Neuro, SkyRiver Ventures, Pace Ventures, Valor Equity Partners, and Astanor. The company's initial success with substantial non-dilutive funding laid the groundwork for this institutional round.

Fission Labs: DeFi Application Company Raises $1.6 Million (Pre-Seed) To Bring Venture Capital On Chain

By Amit Chowdhry ● Oct 15, 2024

Fission announced a $1.6 million pre-seed funding round led by SALT Fund and Kraynos Capital, with participation from Anthony Scaramucci (Skybridge). Fission - the first DeFi application built to bring venture capital on chain - launched its testnet on Ethereum.

Best Egg: $500 Million Purchase Commitment Secured To Enable More Offerings Of Personal Loans

By Amit Chowdhry ● Oct 15, 2024

Best Egg announced it has secured a $500 million purchase commitment to facilitate the growth of the company's personal loan product. The purchase facility, led by funds managed by affiliates of Fortress Investment Group along with Edge Focus, includes a forward-flow purchase commitment and purchases of back-book loans facilitated by the Best Egg platform.

Farther: Financial Advisory Firm Raises $72 Million (Series C) At $542 Million Valuation

By Amit Chowdhry ● Oct 15, 2024

Farther, a leading technology-centric financial advisory firm, announced it closed a $72 million Series C funding round to expand its advisor network and enhance its wealth management platform. The funding round was co-led by CapitalG, the independent growth fund of Alphabet, and Viewpoint Ventures. This funding round elevates Farther's post-money valuation to $542 million.

FlexFactor: Decline Recovery Solutions Provider Secures $16.8 Million

By Amit Chowdhry ● Oct 15, 2024

FlexFactor, a provider of decline recovery solutions for eCommerce brands, announced it raised $16.8 million in Series A funding. The funding round was led by Bessemer Venture Partners, with additional participation from seed investors.

Numeric: $28 Million (Series A) Secured To Build A Next-Gen Financial Data Platform

By Amit Chowdhry ● Oct 15, 2024

Numeric announced it has raised a $28 million Series A round led by Menlo Ventures. Participation was from new investors IVP and Socii Capital and existing investors Founders Fund, 8VC, Long Journey, Access Industries, Friends & Family Capital, and others. This funding will accelerate engineering hiring and product development, supporting Numeric's aim to enable real-time decision-making from financial data.

Vultron: AI-Based Proposal Solution Company Raises $4.85 Million (Seed)

By Amit Chowdhry ● Oct 15, 2024

Vultron, an AI-based proposal development solution for the public sector, announced that it has secured $4.85 million in seed funding. The funding round was led by Craft Ventures and Long Journey Ventures, with participation from South Park Commons, Conviction Embed, and angel investors including Gokul Rajaram, Josh Buckley, Lenny Rachitsky, and others.

ShiraTronics: $66 Million (Series B) Raised To Develop Neurostimulation Therapies For Chronic Migraine Patients

By Amit Chowdhry ● Oct 15, 2024

ShiraTronics, a clinical-stage medical device company developing neurostimulation therapies for chronic migraine patients, announced the closing of a $66 million Series B financing. The funding round was led by new investor Norwest Venture Partners, with participation from additional new investors Seroba, OSF Ventures, the Global BioAccess Fund and an undisclosed strategic investor. Returning investors U.S. Venture Partners, Amzak Health, Treo Ventures, and Aperture Venture Partners also joined the round.

Dryvebox: Mobile Golf Simulator Company Raises New Funding Round

By Amit Chowdhry ● Oct 15, 2024

Mobile golf simulator company Dryvebox announced additional funding and new investors joining its mission of cultivating golf everywhere. Launched in 2020, the off-course golf entertainment company revolutionizes golf experiences through weatherproof, climate-controlled, and solar-powered mobile golf simulators (Boxes). Dryvebox has grown to 30+ technology-fueled Boxes operating across the United States and Canada, with more set to launch in the coming months.

LEVY Health: Reproductive Technology Company Raises $4.5 Million

By Amit Chowdhry ● Oct 15, 2024

LEVY Health, an innovator in reproductive health technology, announced it has raised $4.5 million led by San Francisco-based venture firm XYZ Venture Capital, with additional participation from Atlantic Labs and Possible Ventures.

Molg: Circular Manufacturing Processes Company Raises $5.5 Million (Seed)

By Amit Chowdhry ● Oct 14, 2024

Molg announced the closing of $5.5 million in seed funding to scale the company's circular manufacturing processes for electronics and electrical components. Closed Loop Partners' Ventures Group led the funding round, with participation from Amazon Climate Pledge Fund, ABB Robotics & Automation Ventures, Overture, Elemental Impact, and Techstars. And the company plans to use the funding to scale production capacity and meet growing customer demand for circularity and automation.

CYRISMA: Leading Risk Management Platform Raises $7 Million (Series A)

By Amit Chowdhry ● Oct 14, 2024

CYRISMA, an all-in-one risk management platform, announced a Series A funding round. Led by Blueprint Equity, with participation from SaaS Venture and Golden Ventures, the funding will accelerate CYRISMA's platform development, fuel customer success, and expand sales and marketing initiatives.

MeWe: Privacy-First Social Media Company Secures $6 Million (Series B)

By Amit Chowdhry ● Oct 14, 2024

MeWe, a privacy-first social media network, announced it is launching a growth agenda to accelerate its efforts to bring Web3 to its 20+ million users. The opening of the Series B round, which McCourt Global led, will accelerate MeWe's growth and open doors for further innovation within MeWe, including the further development of new technologies such as AI integration, the launch of new Web3 product features, strategic user acquisition through targeted marketing efforts, and the rollout of a native token to enhance user growth, platform engagement, and platform utility.

OpenGradient: Decentralized AI Infrastructure Company Raises $8.5 Million (Seed)

By Amit Chowdhry ● Oct 14, 2024

Decentralized AI infrastructure company OpenGradient announced it raised $8.5 million in seed funding. To accelerate open-source AI, OpenGradient democratizes model ownership, streamlines AI deployment, and enables universal access to AI.

ApertureData: $8.25 Million (Seed) Raised To Simplify Complexities Of Multimodal Data

By Amit Chowdhry ● Oct 14, 2024

ApertureData announced it closed an oversubscribed seed round at $8.25M for a purpose-built database for multimodal AI. This funding round was led by TQ Ventures and participated in by Westwave Capital, Interwoven Ventures, and a group of high-caliber angel investors. Existing investors also reaffirmed their commitment to ApertureData's vision.

Pursuit Aerospace Completes Strategic Acquisitions Of Prescott Precision Die And Merc Aerospace

By Amit Chowdhry ● Oct 14, 2024

Pursuit Aerospace - a global manufacturer of complex aircraft engine components - announced it has completed the strategic acquisitions of both Prescott Precision Die and Merc Aerospace.

Scope3: Collaborative Sustainability Platform Company Raises $25 Million

By Amit Chowdhry ● Oct 14, 2024

Scope3, a collaborative sustainability platform decarbonizing media and advertising, announced the closing of $25 million in a strategic funding round led by GV. The funding round included participation from existing investors Venrock, Room40 Ventures, and Craft Ventures, and from new investors Aperiam Ventures and Virgo Strategic Investments.

RadiantGraph: $11 Million (Series A) Raised For Expanding AI-Based Personalized Engagement For Health Plans

By Amit Chowdhry ● Oct 14, 2024

RadiantGraph, a platform using AI to drive consumer engagement for healthcare, announced that it has raised an $11 million Series A funding round, led by M13, with meaningful participation from XYZ Ventures and True Ventures. The funding will be used to continue the expansion of the company’s platform capabilities and drive scalable growth and savings within health plans and health service organizations. The company’s seed round included Glen Tullman (CEO, Transcarent), Lee Shapiro (CFO, Livongo), Mohsin Hussien (CTO, Liveramp), Yusuf Sherwani (CEO, Pelago Health), and Chethan Bachireddy (Chief Health Officer, Harris Health).

Quartr: Public Market Research Company Raises $6 Million

By Amit Chowdhry ● Oct 14, 2024

Quartr, a software and data provider transforming qualitative public market research for finance and investor relations (IR) professionals, announced the closing of a $6 million investment from Altos Ventures.

SuiteSpot: Multifamily Centralization Platform Closes Series A Funding Round

By Amit Chowdhry ● Oct 14, 2024

SuiteSpot, a multifamily centralization software, announced the closing of its Series A financing round. The round was led by leading real estate technology venture capital firm RET Ventures, with additional participation from UDR, a leading multifamily REIT.