Startups

Tildei: $6 Million (Seed) Raised For Advancing Conversational Marketing Platform

By Amit Chowdhry ● Oct 9, 2024

Conversational marketing platform Tildei announced its emergence from stealth with $6 million in seed funding. And the company aims to transform how brands interact with customers in social channels like Instagram and WhatsApp by leveraging artificial intelligence to enable personalized, intelligent conversations at scale. Susa Ventures led the round with participation from Ludlow Ventures, Gradient Ventures, Lerer Hippeau, Vine Ventures, MXV Capital, Marcelo Claure, Jason Lemkin, and other angel investors.

Dynasty Financial Raises Funding From BlackRock, JPMorgan, And Existing Investors

By Amit Chowdhry ● Oct 9, 2024

Dynasty Financial Partners announced it closed a minority capital raise to fuel its ongoing growth. Several of Dynasty’s long-standing investors and members of its Board of Directors supported the round, as well as three strategic investors, including existing investor The Charles Schwab Corporation and new investors BlackRock and J.P. Morgan Asset Management. All proceeds from the investment round will go directly into Dynasty’s business to enhance its platform which helps its clients build better businesses and take better care of their clients.

Zubr Capital Investing In Larixon Classifieds

By Amit Chowdhry ● Oct 9, 2024

Zubr Capital announced a new investment in Larixon Classifieds with local developments in Cyprus, Mongolia, Tajikistan, Jamaica, Trinidad and Tobago. And Larixon Classifieds is a holding company that owns multiple successful classified platforms across various emerging markets. Among these platforms are Bazaraki.com (the largest classified in Cyprus), Unegiu.mn in Mongolia, Somon.tj in Tajikistan, Pin.tt in Trinidad & Tobago, and JaCars.net for car classifieds throughout Jamaica.

Salient Motion: $12 Million Raised For Scaling Motion Control Business

By Amit Chowdhry ● Oct 9, 2024

Salient Motion, an aerospace and defense component supplier, announced it has closed $12 million in total funding, preseed and seed rounds, to transform the design and manufacturing of critical motion control components. This funding round was led by Cantos Ventures, with participation from Andreessen Horowitz, AE Ventures, Hummingbird Ventures, and BoxGroup.

TensorWave: $43 Million In SAFE Funding Raised For Advancing AI Computing Solutions

By Amit Chowdhry ● Oct 8, 2024

AI GPU cloud platform company TensorWave announced the closing of a $43 million SAFE funding round. This funding round - which was led by Nexus VP, marks the largest SAFE funding for any Nevada-based startup so far. And other investors in this round include Maverick Capital, Translink Capital, Javelin Venture Partners, StartupNV, and AMD Ventures.

City Therapeutics: $135 Million (Series A) Raised For RNAi-Based Medicine

By Amit Chowdhry ● Oct 8, 2024

City Therapeutics announced its launch with a vision to lead the future of RNA interference (RNAi)-based medicine. And City Therapeutics aims to utilize next-generation engineering of small interfering RNAs (siRNAs) – which is the “trigger” molecules that mediate RNAi – to build a robust and sustainable product engine and expand the therapeutic reach of RNAi-based medicines. Headed by executive chair John Maraganore, Ph.D., founding CEO of Alnylam Pharmaceuticals, the company has completed a $135 million Series A financing led by ARCH Venture Partners, with participation from other leading life sciences investors including Fidelity Management & Research Company, Invus, Slate Path Capital, Rock Springs Capital, Regeneron Ventures, AN Ventures and other undisclosed investors.

Distributional: Modern Enterprise Platform Company Raises $19 Million (Series A)

By Amit Chowdhry ● Oct 8, 2024

Distributional, a modern enterprise platform for AI testing, announced that it has raised $19 million in Series A funding led by Two Sigma Ventures with participation from Andreessen Horowitz, Operator Collective, Oregon Venture Fund, Essence VC, Alumni Ventures and dozens of angel investors. And the new funding round brings Distributional’s total capital raised to $30 million less than one year since its incorporation.

Facet: $35 Million Closed For Broadening Access To Financial Advice

By Amit Chowdhry ● Oct 8, 2024

Facet, a fintech company building the future of financial planning, announced it has raised an additional $35 million in new financing. The funding round was led by Multiplier Capital, a leading provider of flexible financing solutions. Additional investors in this round include Warburg Pincus, Audacious Capital, and others.

Rezilient Health: Healthcare Company Raises $10 Million (Series A)

By Amit Chowdhry ● Oct 8, 2024

Leading tech-enabled healthcare company Rezilient Heath announced that it has closed a $10 million Series A funding round led by Govo Venture Partners with participation from Bridge Ventures, Acorn Pacific Ventures, The Council, Jim McKelvey (Co-Founder of Block, formerly Square), Mark and Robyn Jones (Founders of Goosehead Insurance), Jeremy Friese (Founder of Verata Health), and David Karandish (Founder of Answers.com).

NuFund Venture Launches New Austin, Texas-Based Cluster

By Amit Chowdhry ● Oct 8, 2024

NuFund Venture Group, one of the nation’s largest and most active early-stage investor networks, has announced the launch of its new Austin Cluster. This expansion into the Texas Market represents the next step in NuFund’s mission to build thriving startup ecosystems beyond its Southern California roots.

Alto Reveals New Fund In Partnership With SignalRank

By Amit Chowdhry ● Oct 8, 2024

Alto, an alternative asset platform that enables individuals to invest in alternative assets using retirement funds, announced a new investment opportunity with SignalRank, the first private markets index made up of preferred Series B shares in high-growth venture-backed companies.

Paren: Data Insights Company Secures $3 Million (Seed)

By Amit Chowdhry ● Oct 8, 2024

Paren—a software platform powering electric mobility with unified data insights—announced that it has raised $3 million in its first financing round. Base10 Partners led the funding round. Founders Network Fund and Luc Vincent (founder of Google Street View and Lyft 5) also participated in the round. Paren will use the funding to scale its current data platform and build new services.

Blue Energy: Nuclear Power Plant Company Secures $45 Million (Series A)

By Amit Chowdhry ● Oct 8, 2024

Nuclear power plant company Blue Energy announced it emerged from stealth with a $45 million Series A fundraise co-led by Engine Ventures and At One Ventures, with investment from Angular Ventures, Tamarack Global, Propeller Ventures, Starlight Ventures, and Nucleation Capital. And Blue Energy also introduced its modular nuclear power plant that can be centrally manufactured in existing shipyards.

3Laws: $4.1 Million (Seed) Raised For Enabling Robot Operations In Dynamic Environments

By Amit Chowdhry ● Oct 8, 2024

3Laws, a leader in dynamic safety solutions for autonomous systems, announced it has secured $4.1 million in seed funding. TenOneTen led the round, which included the Amazon Industrial Innovation Fund. All pre-seed investors have chosen to maintain or increase their ownership.

Kings Group Ventures Invests In Way Media

By Amit Chowdhry ● Oct 8, 2024

Kings Group Ventures (KGV), a Dubai-based strategic investment firm, announced an investment in Way Media (WM), a South African company. The funds from this investment will be used to expand Way Media's facilities in South Africa and further develop its international presence.

Empathy Health Technologies: $2.8 Million (Seed) Raised For Sober Sidekick App

By Amit Chowdhry ● Oct 8, 2024

With a goal of creating a wave of comeback stories and transforming the recovery landscape, Empathy Health Technologies has raised about $2.8 million in seed funding to expand the impact of its digital health app, Sober Sidekick.

Peregrine: Up To $250 Million In Debt Financing From KKR

By Amit Chowdhry ● Oct 8, 2024

Peregrine Energy Solutions (an integrated multi-technology clean energy platform with a focus on utility-scale energy storage) and global investment firm KKR announced that Peregrine has closed on a credit facility from insurance accounts managed by KKR that can provide ﬁnancing for up to $250 million in assets.

Sabanci Renewables: $137 Million In Financing Completed For Oriana Solar Project

By Amit Chowdhry ● Oct 8, 2024

Advantage Capital announced that it has committed to offering a $137 million investment to Sabanci Renewables, a North American subsidiary of Sabanci Holding, to complete the financing of its Oriana Solar Project. Located about 120 miles southeast of San Antonio, Texas, in Victoria County, Oriana is a 232 MWdc utility-scale solar project currently under construction.

Plumery: Digital Banking Company Raises $3.3 Million

By Amit Chowdhry ● Oct 8, 2024

Digital banking company Plumery announced it raised $3.3 million in additional funding from early-stage investor DN Capital and Fontes, managed by leading global VC firm QED Investors. This latest funding round brings Plumery’s total funding to $7.8 million, and is in preparation for a larger Series A round in 2025.

Sepion Technologies: $17.5 Million Grant Received For Building Advanced Battery Separator Manufacturing Facility

By Amit Chowdhry ● Oct 8, 2024

Sepion Technologies - a leader in battery materials innovation - announced plans to build a cutting-edge lithium-ion battery separator manufacturing facility in the Capitol Innovation District, a 1 million square foot advanced biomanufacturing innovation district in the heart of West Sacramento. With a $17.5 million grant from CALSTART and the California Energy Commission’s PowerForward: ZEV Battery Manufacturing Grant Program, the facility will address critical supply chain gaps and bolster the domestic battery workforce — crucial for national security and the clean energy transition.

Integrated Biosciences: $17.2 Million (Seed) Secured To Advance Use Of Synthetic Biology

By Amit Chowdhry ● Oct 8, 2024

Integrated Biosciences, a biotechnology company pioneering the use of synthetic biology and machine learning to develop next-generation therapeutics for age-related diseases, announced that it has closed a $17.2 million seed financing, led by Sutter Hill Ventures with participation from Root Ventures, Civilization Ventures, Illumina Ventures Labs, Lifespan Vision Ventures, Overlap Holdings, SH Fund (Sabrina Hahn), Conscience VC, Mission BioCapital, Reinforced Ventures, Polymath Capital, Michael Stoppelman, and Vijay Pandurangan. The company also revealed that Keith Loebner, Ph.D. has been appointed to the company’s Board of Directors and that Karl Sylvester, M.D., Uri Alon, Ph.D., and Wendy B. Young, Ph.D. have been appointed as advisors to the company.

AirOps: $15.5 Million (Series A) Raised To Help Marketers Scale AI Growth Workflows

By Amit Chowdhry ● Oct 8, 2024

AirOps, a company helping marketers build and scale AI growth workflows, announced it has raised $15.5 million in Series A funding. The funding round was led by Unusual VC, with participation from Wing VC, Founder Collective, XFund, Alt Capital, Lauryn Motamedi, David Rogier, and JD Ross.

Endomimetics: University of Alabama At Birmingham Startup Receives $2.8 Million Grant

By Amit Chowdhry ● Oct 8, 2024

The University of Alabama at Birmingham startup company Endomimetics has received a $2.8 million Small Business Innovation Research Phase II grant from the National Institute of Neurological Disorders and Stroke.

New Frontier Aerospace: Seed Funding Round From Pacific Bays Capital

By Amit Chowdhry ● Oct 7, 2024

New Frontier Aerospace (NFA) - a leading developer of advanced aerospace technologies - announced that it has closed a seed funding round with Pacific Bays Capital (PacCap), which is a Tokyo-based investment fund focused on the aerospace, space, green agriculture and energy sectors.

InterVene: $13 Million (Series A) Secured To Develop Interventional Solutions For Chronic Venous Insufficiency

By Amit Chowdhry ● Oct 7, 2024

InterVene - a clinical-stage medical device company dedicated to developing interventional solutions for chronic venous insufficiency (CVI) - announced the closing of its $13 million Series A financing round. The funding was co-led by new investor Treo Ventures and existing investor RiverVest Venture Partners. In connection with this financing, Brad Vale (Treo Ventures founding general partner) has joined InterVene’s Board of Directors.

Quorum: Unified Data Optimization Platform Company Raises Seed Funding Round

By Amit Chowdhry ● Oct 7, 2024

Quorum, a leading unified data optimization platform for marketers and publishers focused on driving actions, outcomes, and commerce at scale, announced its seed funding round closing. The funding, which includes Crush Ventures and Dudley Fund, will help Quorum accelerate growth and innovation in alignment with strong demand.

Ambow Education: $1.3 Million Licensing Deal Secured

By Amit Chowdhry ● Oct 7, 2024

Ambow Education - an AI-based educational technology company - announced today that it has entered into a $1.3 million non-exclusive, annually renewable licensing agreement with Inspiring Futures Pte. LTD. This agreement grants licensing authorization for the production of the HybriU AI UniBox and the sale of HybriU, a comprehensive AI-driven, plug-and-play educational solution, in international markets. The agreement aligns with Ambow's mission to advance the future of education and empower educators and students globally.

Future Trash: Multidisciplinary Creative Studio Raises $5 Million

By Amit Chowdhry ● Oct 7, 2024

Future Trash, a multidisciplinary creative studio, announced that it has raised $5 million in venture capital funding led by TIRTA and General Catalyst. The funding round will be dedicated to Future Trash's flagship original IP, FOAD, which leverages Fortnite's Unreal Editor (UEFN) tools and ecosystem to create a User-Generated-Content (UGC) native video game franchise.

Kando: $10 Million Secured For Accelerating Innovation In Wastewater Intelligence

By Amit Chowdhry ● Oct 7, 2024

Kando (a leading wastewater intelligence company dedicated to improving global wastewater quality) announced the closing of its latest investment round, raising $10 million and bringing the total amount raised to $30 million.

Kailera Therapeutics: $400 Million (Series A) Raised To Advance Next-Gen Therapies For Obesity

By Amit Chowdhry ● Oct 7, 2024

Kailera Therapeutics announced its launch as a clinical-stage biopharmaceutical company focused on advancing a broad pipeline of next-generation therapies for treating obesity and related conditions. And Kailera launches with a $400 million Series A financing co-led by Atlas Venture, Bain Capital Life Sciences, and RTW Investments, with participation from Lyra Capital. The company is also developing several clinical-stage injectable and oral therapies that have demonstrated potential as best-in-class treatments for chronic weight management.