Startups

Converge: $22 Million Raised For Decarbonizing Concrete

By Amit Chowdhry ● May 30, 2025

ABN AMRO Sustainable Impact Fund (SIF) announced that it has led a $22 million investment round in Converge, a UK-based leader in AI-based concrete management and decarbonization technologies. The funding round included participation from existing investors, including Climate Investment (CI), a specialist decarbonization investor, as well as new investors Move Energy, PI Impact, J-Impact, and existing investors TO Ventures, Force Over Mass Capital, and others.

Palla: $14.5 Million Series A Raised For Cross-Border Payments Platform

By Amit Chowdhry ● May 29, 2025

Palla, an international payments platform enabling instant cross-border payments for global financial institutions and fintech firms, announced that it has raised $14.5 million in a Series A funding round. The funding round was led by Revolution Ventures, with participation from Y Combinator, Ardent, Cowboy Ventures, Dash Fund, Uncommon Capital, Meta Fund, Evolution VC, First Check Ventures, Vitalize, and DeepWork Capital.

Superblocks: $23 Million Series A Raised For Enterprise App Development

By Amit Chowdhry ● May 29, 2025

Superblocks, a leader in secure enterprise app development, announced it has raised $23 million as part of its Series A. This funding brings the total funding to $60 million. The investors in the round include Kleiner Perkins, Spark Capital, Greenoaks, Meritech Capital, and tech leaders like Box CEO Aaron Levie and Workday founder Aneel Bhusri.

RollKall: Growth Investment Raised From Vista

By Amit Chowdhry ● May 29, 2025

RollKall, a provider of extra-duty management software for public safety agencies, announced a strategic growth investment from Vista Equity Partners.

Portal Access: $7 Million Series A Raised For Supporting FDA Approval

By Amit Chowdhry ● May 29, 2025

Portal Access - a medical device startup company pioneering next-generation advanced vascular access solutions for oncology - announced the closing of a $7 million Series A financing round today. The funding round was fully subscribed, highlighting strong investor support for the company's vision and technology. Over 80% of the round was led by U.S physician investors including oncologists, interventional radiologists, cardiologists, vascular surgeons and others, along with a partnership from a U.S based venture capital fund.

Bito: $5.7 Million Seed Extension Raised For Expanding AI Code Review Platform

By Amit Chowdhry ● May 29, 2025

Bito, an AI-based developer platform that transforms how developers review and improve code by deeply understanding their codebase, announced a $5.7 million seed extension round, led by Vela Partners, with participation from NextView Ventures, Maxitech Ventures, Eniac Ventures, and other investors. And this brings the company's total seed stage funding to $8.8 million.

Pillar Biosciences: $34.5 Million Raised For Decision Medicine Platform

By Amit Chowdhry ● May 29, 2025

Pillar Biosciences, a leader in Decision Medicine, announced they have finalized $34.5 million in funding, including a strategic investment from Illumina, structured financing from Soleus Capital, and investments from existing investors.

Frinks AI: Manufacturing Tech Company Raises $5.4 Million Pre-Series A

By Amit Chowdhry ● May 29, 2025

Frinks AI, a startup founded by IIT Hyderabad alumni, announced it has raised $5.4 million in a Pre-Series A round led by Prime Venture Partners. This brings its total funding to $6.25 million. This funding round also saw participation from existing investor Chiratae Ventures, along with Navam Capital and Ashok Atluri, Founder of Zen Technologies. And Frinks AI is additionally backed by industry leaders including S Ramadorai (former MD & CEO, TCS), Dr. V Sumantran (former Executive Director, Tata Motors), Dr. Tarun Ramadorai (Prof. Imperial College of London), and Dr. Gopichand Katragadda (former Group CTO, Tata Sons), who continue to support the company as strategic investors and advisors.

Neuron Factory: $6 Million Seed Funding Raised For Transforming The Construction Industry

By Amit Chowdhry ● May 29, 2025

Neuron Factory, a company dedicated to transforming the construction industry through AI software, announced its seed funding round and a strategic partnership with Cordeel Group. The company also raised $6 million in seed funding in an over-subscribed round, from Activant Capital, Colle Capital, Karman Ventures, Punch Capital and strategic investors including Filip Cordeel, Chairman of Cordeel Group.

Tradeverifyd: $4 Million In Additional Series A Raised For Addressing Supply Chain Risks

By Amit Chowdhry ● May 29, 2025

Tradeverifyd, a supply chain risk management platform designed to help enterprises identify, assess, and mitigate risks before they impact operations, announced the company raised $4 million in new funding from SJF Ventures.

CloudZero: $56 Million Series C Raised For Transforming Cloud Optimization

By Amit Chowdhry ● May 28, 2025

CloudZero, a leader in proactive cloud cost efficiency, announced a $56 million Series C funding round following another year of triple-digit growth. The round was led by BlueCrest Capital Management and Innovius Capital, with participation from Matrix Partners, Threshold Ventures, Underscore VC, and G20 Ventures. MongoDB also made a strategic investment.

Cerby: $40 Million Series B Raised For Automating Identity Security

By Amit Chowdhry ● May 28, 2025

Cerby, a rapidly growing platform for identity security automation globally, announced a $40 million Series B funding round. DTCP led the funding round with participation from existing backers, including Okta Ventures, Salesforce Ventures, and Two Sigma Ventures.

University Of Chicago: New Venture Challenge Features 10 Finalists Competing For Over $1 Million

By Amit Chowdhry ● May 28, 2025

The Polsky Center for Entrepreneurship and Innovation announced that 10 teams have advanced to the finals of the 29th annual Edward L. Kaplan, ’71, New Venture Challenge (NVC), the University of Chicago’s signature startup accelerator for MBA students at the Booth School of Business.

GCL: Strategic Controlling Investment Raised From Providence Equity

By Amit Chowdhry ● May 28, 2025

GCL, a leader in live events and luxury goods specialty logistics, announced a strategic investment from Providence Equity Partners, a premier private equity firm with significant experience investing in and supporting the growth of companies in the entertainment and media sectors.

Bespoken Spirits: Over $11 Million Series C Closed For Sustainable Spirits

By Amit Chowdhry ● May 27, 2025

Bespoken Spirits, an innovator in sustainable and precision-aged spirits, announced the closing of its Series C funding round. The funding round, which culminates on May 30, highlights the market's confidence in Bespoken's revolutionary maturation technology, its unprecedented speed to market for private labels of all sizes, and its bold vision for the future of the spirits industry.

Cerebro Capital: Series A Raised And $1 Billion In Loan Closings Completed

By Amit Chowdhry ● May 27, 2025

Cerebro Capital, a fintech company transforming access to debt capital for middle market businesses and helping lenders generate new borrower relationships, announced the completion of its Series A funding round led by JAM FINTOP. And the new equity capital comes on the heels of the platform facilitating $1B in cumulative loan closings.

Avangrid: $41 Million Raised For Rebuilding Aging Grid Infrastructure

By Amit Chowdhry ● May 27, 2025

Avangrid - a leading energy company and member of the Iberdrola Group - announced five projects in Ithaca, NY, totalling $41 million in new investment, to improve the capacity and reliability of the area’s electrical grid.

Reperio Health: $14 Million Raised For At-Home And Onsite Health Screening Platform

By Amit Chowdhry ● May 27, 2025

Reperio Health, a provider of at-home and onsite comprehensive health screenings with instant results, announced that it has successfully closed a $14 million funding round, led by Caduceus Capital Partners.

Gravitee: $60 Million Series C Closed For Agentic API And Event Management

By Amit Chowdhry ● May 27, 2025

Gravitee, a leading Agentic API and Event Management company, announced it has raised $60 million in Series C funding. The funding round was led by Sixth Street Growth, the growth investing business of Sixth Street, with participation from existing investors Riverside Acceleration Capital and AlbionVC.

Catena Labs: $18 Million Secured for Establishing AI-Native Financial Institution

By Amit Chowdhry ● May 27, 2025

Catena Labs announced its plan to establish the first fully regulated AI-native financial institution (FI) designed for serving the unique needs of the emerging AI economy. The company also confirmed an $18 million funding round led by a16z crypto, with participation from Breyer Capital, Circle Ventures, Coinbase Ventures, CoinFund, Pillar VC, Stanford Engineering VF, and visionary angels including Tom Brady, Bradley Horowitz, Hamel Husain, Kevin Lin, Peter Mattoon, Sam Palmisano, and Balaji Srinivasan. Additionally, the company has released a new open-source project that defines protocols and patterns for agentic commerce.