Startups

BrightNight: $440 Million Strategic Investment Raised From Goldman Sachs And Credit Facility Upsized To $400 Million

By Amit Chowdhry ● Oct 13, 2024

BrightNight, a next-generation renewable power producer focused on delivering clean and dispatchable power solutions, announced the successful closing of a $440 million strategic equity investment from Goldman Sachs Alternatives.

Airspan: $85.4 Million In New Equity Financing Completed

By Amit Chowdhry ● Oct 11, 2024

Airspan Networks - a provider of disruptive software and hardware for 5G networks and a pioneer in end-to-end Open RAN, private network and air-to-ground connectivity solutions - announced that it has completed its financial and strategic transition – including new equity ownership.

Pinpoint Predictive Raises Series A Funding Round, Bringing Total Raised To Over $23 Million

By Amit Chowdhry ● Oct 11, 2024

Pinpoint Predictive, a leading risk assessment platform for P&C Insurers, announced it closed a highly anticipated Series A funding round led by prominent Insurtech VC Markd along with esteemed investors Jazz Venture Partners, Guidewire Ventures, Verstra Ventures, Navigate Ventures and Seraph Group bringing the total capital raised by Pinpoint to over $23 million.

Hometap: $278 Million Securitization Of Originated Home Equity Investments Closed

By Amit Chowdhry ● Oct 11, 2024

Hometap, a Boston-based financial technology company pioneering debt-free home equity financing for American homeowners, announced the closing of HTAP 2024-2, a $278 million securitization backed by Hometap-originated home equity investments. This is the second securitization of Hometap-originated home equity investments this year, following closely on the heels of HTAP 2024-1, the oversubscribed debut of Hometap’s proprietary securitization platform.

Josys: SaaS Management Platform Company Raises $100 Million In Venture Debt

By Amit Chowdhry ● Oct 11, 2024

Josys, a SaaS Management platform that simplifies how IT works, announced it has successfully secured $100 million in venture debt. This latest funding - combined with the $125 million Josys has previously raised - gives the company the strongest financial backing of any SaaS Management company in the world.

Sonair: 3D Ultrasonic Sensor Technology Raises $6.8 Million

By Amit Chowdhry ● Oct 11, 2024

Norwegian company Sonair - a company that is launching a groundbreaking sensor that uses ultrasound in the air to give robots safe spatial awareness in 3D- announced it raised a total of $6.8 million with Skyfall Ventures leading the latest $1.6 million round. RunwayFBU, another early-stage VC fund, also contributed to the round.

Singulate: GenAI Marketing Platform Company Raises $2.3 Million (Pre-Seed)

By Amit Chowdhry ● Oct 11, 2024

Singulate, a generative AI marketing platform, announced it raised a $2.3 million pre-seed round of funding from angel investors and venture capital firms. The company sees the next era of email marketing using generative AI and LLMs to unlock far easier segmentation and better personalization in large-scale communication, beginning with email marketing.

Synergi: €2 Million (Seed) Raised To Accelerate Transition Toward Sustainable Energy

By Amit Chowdhry ● Oct 11, 2024

Synergi, a Finnish tech company that is accelerating the transition toward sustainable energy sources with smart and flexible software for consumers and utilities, announced the completion of its €2 million seed funding round. Greencode Ventures led the round, while Vaens joined as a new follower. And existing investors Lifeline Ventures, APX (the first-cheque investor of Porsche and Axel Springer), and Wave Ventures also participated in the round.

AcreShield: Over $2.5 Million (Series A) Raised To Help Farmers With Optimizing Yields Using AI

By Amit Chowdhry ● Oct 11, 2024

Yield Optimizer developer AcreShield completed a Series A funding of over $2.5 million. Yield Optimizer is known as the first commercially accepted proven AI seed selection program for yield prediction that uses independent seed performance data and provides farmers with guaranteed ROI performance. The board of directors authorized Series A for an additional $2 million.