Startups

PathPresenter: Pathology Image Sharing Company Secures $7.5 Million (Series A)

By Amit Chowdhry ● Sep 20, 2024

PathPresenter, a global image-sharing platform for pathology, announced that it had closed a Series A funding round of $7.5 million to accelerate the adoption of the company’s enterprise pathology workflow solution. This funding round was led by AVANT BIO, with participation from Barco NV and Modi Ventures.

GT Medical Technologies Receives $35 Million Venture Loan Facility From Horizon Technology Finance

By Amit Chowdhry ● Sep 20, 2024

GT Medical Technologies - a medical device company with a corporate purpose of improving the lives of patients with brain tumors - announced it has secured a $35 million venture loan facility, of which $15 million has been initially funded from Horizon Technology Finance Corporation, an affiliate of Monroe Capital.

Operant: Runtime AI Application Protection Platform Company Raises $10 Million (Series A)

By Amit Chowdhry ● Sep 20, 2024

Operant AI, which is the world’s only Runtime AI Application Protection Platform, announced that it has raised $10 million in a Series A funding round co-led by SineWave Ventures and Felicis, with participation from Alumni Ventures, Massive, Calm Ventures, Gaingels, alongside industry-expert angels.

NeoPrediX: Investment Raised From Springhood Ventures

By Amit Chowdhry ● Sep 20, 2024

NeoPrediX - a predictive analytics company focused on neonatal, maternal, and perinatal health - announced an investment from Springhood Ventures. This deal will further accelerate the development and deployment of NeoPredix's innovative solutions aimed at improving outcomes for newborns worldwide.

Spare: Mobility Operations Software Company Raises C$42 Million (Series B)

By Amit Chowdhry ● Sep 20, 2024

Spare, a leading provider of mobility operations software, announced the completion of a C$42 million Series B funding round. This funding round was led by Inovia Capital, a longtime partner and lead investor from Spare's Series A. Other previous investors, including Kensington Capital and Nicola Wealth, also joined.

Form3: Cloud-Native Account-To-Account Platform Company Closes $60 Million (Series C Extension)

By Amit Chowdhry ● Sep 20, 2024

Form3, a cloud-native account-to-account platform, announced a new investor, which is British Patient Capital. Along with existing strategic and financial investors including Visa, Form3 has now raised a total of $60 million in C-series extension funding to continue its growth journey.

Zephyr Cloud: Micro Frontend Deployment Company Secures $3.5 Million (Seed)

By Amit Chowdhry ● Sep 20, 2024

Zephyr Cloud's platform for micro frontend deployment, observability, and orchestration announced it has raised $3.5 million in seed funding round led by True Ventures' Puneet Agarwal, with additional investment from Step Function, Ninja Capital, and Night Capital. The funding will accelerate Zephyr Cloud's ability to simplify the complex world of frontend architecture for organizations looking to modernize and scale their web and mobile frontend infrastructures.

Nostra AI: E-Commerce Conversion Optimization Company Raises $8.9 Million

By Amit Chowdhry ● Sep 20, 2024

Nostra AI, a conversion optimization software company for e-commerce brands, announced that it had raised $8.9 million to speed up websites and optimize performance. The funding round was led by High Alpha and included Signal Peak Ventures, Sugar Capital, Crosscut, and Good Friends, along with industry experts and angel investors such as Matthew Prince (Cloudflare CEO and co-founder).

Morphotonics: Nanoimprint Technology Company Secures $10+ Million (Series B)

By Amit Chowdhry ● Sep 20, 2024

Morphotonics announced the launch of its Series B funding round, marking a major endorsement of its mission to elevate global display technology. The company's new investors 3M and BOM (Brabant Development Agency) join existing investor Innovation Industries (with BOM and Innovation Industries as co-leads) in supporting Morphotonics’ vision for the future with the first closing of a $10+ million round, and a second closing anticipated by year-end.

BGO: €2 Billion Raised For Fourth European Value-Add Strategy Fund

By Amit Chowdhry ● Sep 20, 2024

BGO, a global real estate investment management advisor and provider of real estate services, announced that it has successfully raised €2 billion for its European investment program through its fourth European Value-Add Strategy. With this announcement, the Value-Add Fund has raised €1.463 billion in commitments and €520 million through co-investment opportunities in high-quality industrial and data center platforms in Europe. This is the fourth fund in BGO’s European Value-Add strategy, which has invested over c. €4 billion since 2014.

Brenus Pharma: $25 Million (Series A) Closed To Develop Cancer Vaccines

By Amit Chowdhry ● Sep 20, 2024

Brenus Pharma, a biotech company specializing in cancer vaccine development, announced the completion of a $25 million Series A funding round. This funding round was led by Angelor, an investment fund bringing together a cluster of investors from the Auvergne-Rhône-Alpes (AURA) region, including UI Investissement for the Fonds régional Avenir industrie Auvergne-Rhône-Alpes, Crédit Agricole Centre-France and Crédit Agricole Centre-Est, with two family offices. And the Belgian funds Noshaq and Investsud complete this significant deal. Together, they joined co-founder and lead investor Jacques Gardette (BIOJAG) and long-time investor Stéphane Legastelois (33 CALIFORNIE). Plus, Brenus Pharma has received non-dilutive funding from the French government and Bpifrance, as a beneficiary of the France 2030 call for projects.

True Markets: Stablecoin-Native Exchange Company Raises $9 Million (Seed) Funding

By Amit Chowdhry ● Sep 20, 2024

TrueX, a non-custodial stablecoin-native exchange company, announced that it has officially launched out of stealth. TrueX is the flagship product of True Markets, a platform dedicated to offering markets and liquidity as a global service through reliable, innovative trading technology.

Hemi Labs: $15 Million Raised To Launch Modular Blockchain Network

By Amit Chowdhry ● Sep 20, 2024

Hemi Labs announced a $15 million investment round to develop and launch the Hemi Network. Hemi is a modular blockchain network built on Bitcoin and Ethereum designed to deliver scaling, security, and interoperability.

Cherre: Real Estate Data Management Company Secures $30 Million (Series C)

By Amit Chowdhry ● Sep 20, 2024

Leading real estate data management and intelligence platform Cherre announced it has raised a $30 million Series C round led by HighSage Ventures. And additional participants in this round include leading real estate enterprise investors Nuveen Real Estate, RXR (RADV), certain principals of TA Realty, and others, as well as current investors Trustbridge Partners, Glilot Capital Partners, Intel Capital, and Carthona Capital.

AIR COMPANY: Carbon Conversion Company Secures $69 Million (Series B)

By Amit Chowdhry ● Sep 20, 2024

AIR COMPANY, a carbon conversion technology company, announced it has raised $69 million in Series B funding to advance its technology, promote energy security, and drive emissions reductions in hard-to-abate sectors, such as aviation. Avfuel (a leading global supplier of aviation fuel and services) led this funding round and will be the preferred provider of distribution and logistics, plus environmental attribute tracking and reporting for AIR COMPANY.

Ferrum: $16 Million (Series A) Raised To Deploy AI Into Health Systems

By Amit Chowdhry ● Sep 20, 2024

Ferrum Health, a software platform company deploying AI into health systems, announced that it has raised $16 million in a Series A funding round led by Foundry, with participation from Catalyst by Wellstar, Headwaters Ventures, and UnitedHealthcare Accelerator. The existing investors who also rejoined the current round include Blumberg Capital, Cercano, GSR, Urban Innovation Fund, and Singtel Innov8. This latest round brings Ferrum Health's total funding to $31 million.

Landbase: Agentic AI Company Raises $12.5 Million (Seed)

By Amit Chowdhry ● Sep 19, 2024

Landbase, which is the world’s first agentic AI platform specifically designed for go-to-market, exited stealth with $12.5 million in seed funding. The funding round was co-led by A*, 8VC, and First Minute Capital, with participation from Inovia Capital, Picus Capital, and General Catalyst (La Famiglia).

Connectly: $20 Million (Series B) Closed For Expanding AI Conversational Commerce

By Amit Chowdhry ● Sep 19, 2024

Connectly, a leader in conversational commerce, announced a $20 million Series B investment led by Alibaba, with participation from Unusual Ventures, Volpe Capital, RX Ventures, Falabella Ventures, and Philippos Kourkoulos Latsis. The company - which was launched in 2020 by industry veterans from Facebook, Google, Uber, and McKinsey - utilizes proprietary AI models to help retailers grow their business using personalized two-way customer messages in an increasingly digital-first world.

Protege: AI Training Data Company Raises $10 Million (Seed)

By Amit Chowdhry ● Sep 19, 2024

Protege recently announced a $10 million seed round and the launch of its AI training data platform to help resolve one of the biggest issues in AI development, sharing and accessing the right training data. CRV led this funding round with participation from SV Angel, Liquid 2 Ventures, Bloomberg Beta, Flex Capital, Adam D'Angelo, Travis May, etc.

Opnova: IT And Compliance Operations Optimization Company Raises $3.75 Million (Pre-Seed)

By Amit Chowdhry ● Sep 19, 2024

Opnova, a company in IT, security, and compliance operations optimization, announced an official launch today with an agentic AI platform designed to close the automation gap in complex operational workflows. With $3.75 million in pre-seed funding co-led by Faber, ScaleX, and Preface Ventures, Opnova is set to redefine IT operations by addressing the challenges posed by rework—the time spent on repetitive, mundane, yet essential tasks.

Edera: Secure-By-Design Kubernetes And AI Solution Secures $5 Million (Seed)

By Amit Chowdhry ● Sep 19, 2024

Secure-by-design Kubernetes and AI solution Edera announced it has raised $5 million in a seed round led by 645 Ventures and Eniac Ventures with participation from FPV Ventures, Generationship, Precursor Ventures and Rosecliff Ventures. And angel investors include Joe Beda, Filippo Valsorda, Mandy Andress, Jeff Behl and Kleiner Perkins scout Nikitha Suryadevara, and others.

POINT.ME: Points And Travel Reward Search Company Secures $15 Million (Series B)

By Amit Chowdhry ● Sep 19, 2024

Points and travel reward search platform point.me announced it has successfully closed a $15 million Series B fund raising. This funding round follows a strong year of growth propelled by enterprise partnerships with American Express and Bilt Rewards.

Brisk Teaching: AI-Based Educational Chrome Extension Service Raises $6.9 Million

By Amit Chowdhry ● Sep 19, 2024

Brisk Teaching, a leading AI-based Chrome extension for educators, schools, and districts, announced the completion of its $5 million Seed round, bringing its total funding to $6.9 million. Led by Owl Ventures, with participation from South Park Commons, Springbank Collective, Coherence Fund, and Coalition Operators, this funding round will drive team expansion, accelerate product development, and fuel international growth—all with the goal of saving educators time and providing enhanced, intuitive tools for administrators.

GovCIO: $2 Billion Maverick DoD NSIN Task Order Signed

By Amit Chowdhry ● Sep 19, 2024

GovCIO—a provider of advanced technology solutions, cyber, and digital services for the federal government—was awarded a five-year, single-award, $2 billion General Services Administration (GSA) Alliant 2 task order in support of the Department of Defense (DoD).

Novatus Global: $40 Million Growth Investment Raised From Silversmith Capital

By Amit Chowdhry ● Sep 18, 2024

Novatus Global, a provider of regulatory technology solutions to global financial institutions, announced it has secured a $40 million investment from Silversmith Capital Partners.

Reshape Automation: $5 Million (Seed) Closed To Transform Industrial Automation

By Amit Chowdhry ● Sep 18, 2024

Reshape Automation, an AI-based solution that transforms industrial automation from discovery to deployment, has raised $5 million in seed funding. The round was led by Ironspring Ventures and included new investors Haystack, Supply Chain Ventures, Remus Capital, and Expansion VC, and renowned angel investors, including Amar Hanspal, former co-CEO of Autodesk, alongside existing investors Schematic Ventures and Bee Partners.

Cohora: Customer Activation And Engagement Company Secures $2.5 Million (Additional Seed)

By Amit Chowdhry ● Sep 18, 2024

Customer activation and engagement platform company Cohora announced it raised a $2.5 million round of additional seed funding. This funding round was led by Volition Capital and PJC and will be used to fuel the company’s next stage of growth by bolstering sales and marketing efforts, continuing product enhancement and supporting early customers in the cosmetics, fashion and travel sectors.

Gestalt Tech: Unified Data Ecosystem Company Raises $5.9 Million (Seed)

By Amit Chowdhry ● Sep 18, 2024

Gestalt Tech, a unified data ecosystem that accelerates insights and AI adoption for lenders, announced a $5.9 million seed round led by Alpha Edison and Yamaha Motor Ventures, with participation from others including Alloy Labs, Newtype Ventures, Sentiero, Long Run Capital. Stephanie Hanson co-founded Gestalt with Ensemblex, a venture studio founded by fintech veterans focused on the future of funding.

AceUp: AI-Based Team Transformation Company Raises $22.5 Million Series A

By Amit Chowdhry ● Sep 18, 2024

AceUp, an AI-based Team Transformation Engine, announced a $22.5 million Series A funding round. This round was led by PJC, Techstars Ventures, Gaingels Ventures, Water Bear Ventures, and Launchpad Venture Group.

Aembit: Identity And Access Management Company Secures $25 Million (Series A)

By Amit Chowdhry ● Sep 18, 2024

Aembit, a leading non-human identity and access management (IAM) company, has secured $25 million in Series A funding, bringing the total capital raised to nearly $45 million. Acrew Capital led the funding round, which included existing investors Ballistic Ventures, Ten Eleven Ventures, Okta Ventures, and CrowdStrike Falcon Fund.