Startups

Cribl: IT And Security Management Company Raises $319 Million (Series E) At $3.5 Billion Valuation

By Amit Chowdhry ● Sep 2, 2024

Cribl announced it has closed a $319 million oversubscribed Series E round, comprised of a combined primary and secondary transaction. This brings the company’s total capital secured to over $600 million and increases its valuation to $3.5 billion—up 40% since the company’s Series D round in 2022.

Noetik: AI-Based Biotech Company Raises $40 Million (Series A) To Develop Cancer Therapeutics

By Amit Chowdhry ● Sep 1, 2024

Noetik - an AI-based biotech company leveraging self-supervised machine learning and high-throughput spatial data to develop next-generation cancer therapeutics - announced that it closed an oversubscribed $40 million Series A financing round. This funding was led by Polaris Partners and managing partner Amy Schulman, who will join the board of directors, with participation from new investors Khosla Ventures, Wittington Ventures, and Breakout Ventures.

Onebrief: Military Staff Workflow Platform Company Raises $53 Million

By Amit Chowdhry ● Sep 1, 2024

Onebrief—a leading software platform for military staff workflows and collaboration—announced the closing of its Series B funding round, bringing the company’s total capital raised to $53 million. Human Capital led this funding round, with participation from 9Yards Capital and Caffeinated Capital.

Skyfire Systems: AI-Based Financial Stack Company Raises $8.5 Million

By Amit Chowdhry ● Sep 1, 2024

Skyfire Systems has launched the world's first payment network built to enable fully autonomous transactions across AI Agents, LLMs, data platforms, service providers, and other goods and services. The company has also announced $8.5 million in funding from Neuberger Berman, Brevan Howard Digital, Intersection Growth Partners, DRW, Inception Capital, Arrington Capital, RedBeard Ventures, Sfermion, Circle, FBG, Gemini, Crossbeam Venture Partners, EveryRealm, Draper Associates, ARCA, and Ripple.

Cairn Surgical: Breast Cancer Locator Company Raises $4.5 Million (Series A2)

By Amit Chowdhry ● Sep 1, 2024

Cairn Surgical - an innovative medical technology company aiming to make breast cancer surgery more precise - announced that it has closed $4.5 million in a Series A2 financing led by Morningside Ventures.

PuriFire Energy: Green Hydrogen And Methanol Solutions Company Secures £2.7 Million (Seed)

By Amit Chowdhry ● Aug 30, 2024

PuriFire Energy announced it had closed a £2.7 million (US$3.5 million) seed round investment led by HICO Investment Group with participation from Bulnes Capital, R&R Investments, and Abhishek Desai.

Pangeam: Enterprise Social-Spatial Analytics AI Platform Company Secures $4.25 Million (Seed)

By Amit Chowdhry ● Aug 30, 2024

Workplace intelligence company Pangeam announced it has launched an enterprise B2B SaaS platform designed to transform office environments by deeply understanding occupants' needs and behaviors. Pangeam also announced the completion of a $4.25 million Series Seed fundraise led by Neotribe, alongside SNR Ventures, DVC, and Niremia Capital.

Miris: Spatial Computing Company Raises $26 Million (Seed)

By Amit Chowdhry ● Aug 30, 2024

Miris, a company bringing spatial computing into the streaming era, announced it launched from stealth with $26 Million in seed funding led by IAG Capital Partners.

Lemniscap: $70 Million Raised To Invest In Crypto Assets And Blockchain Startups

By Amit Chowdhry ● Aug 29, 2024

Lemniscap - a global thesis-driven investment firm backing early-stage Web3 founders - announced it had raised a $70 million fund to provide financial backing and strategic guidance to help nascent Web3 startups scale at pace.

Pryzm: Government Contracting Solutions Company Raises $2 Million

By Amit Chowdhry ● Aug 29, 2024

Pryzm is a company that officially launched this week to make it easier and faster than ever for technology companies to accelerate government contract capture with the help of AI. The company also announced a $2 million funding round co-led by top defense tech investor XYZ Venture Capital (an early backer of Anduril) and Amplify.LA, with participation from First In and strategic individuals.

Parry Labs: Defense Technology Company Raises $80 Million

By Amit Chowdhry ● Aug 29, 2024

Parry Labs - a defense technology company that is developing next generation open architecture mission solutions - announced the completion of an $80 million funding raise - which is the company's first institutional investment round. This strategic growth equity funding was led by Capitol Meridian Partners and included participation from True Ventures, 3Wire Partners, and Teamworthy Ventures.

Wethos: AI-Based Team Optimization Company Raises $7.5 Million (Seed)

By Amit Chowdhry ● Aug 29, 2024

Wethos AI, a pioneer in AI-driven team optimization, announced it has raised $7.5 million in a seed funding round led by Jeff Herbst at GFT Ventures.

Agency: AI Agent Development Company Raises $2.6 Million (Pre-Seed)

By Amit Chowdhry ● Aug 29, 2024

Agency, the creators of the industry-leading AgentOps.ai platform, announced it had raised $2.6 million in pre-seed funding led by prominent investors 645 Ventures and Afore Capital. This funding round will enable the company to develop and scale its AI agent observability and testing platform further, ensuring reliability and safety for enterprises deploying large language model (LLM) enabled autonomous agents.

Peregrine Exploration: Level Developer Raises $3.6 Million To Launch First Stablecoin Protocol With Restaked Dollar Tokens

By Amit Chowdhry ● Aug 29, 2024

Peregrine Exploration, a blockchain development and research company, today announced $3.6 million in funding co-led by Polychain Capital and Dragonfly to develop Level (the first stablecoin protocol powered by restaked dollar tokens). The investors Robot Ventures, Pier Two, EIV and Global Coin Research and angels Balaji Srinivasan, Jeff Feng (Sei), Julian Koh (Aevo), Sidney Powell (Maple Finance) and others also joined the round.

Grafana Labs: $250 Million In ARR And $6 Billion Valuation

By Amit Chowdhry ● Aug 29, 2024

Grafana Labs, a company that has created some of the ubiquitous, open, and composable operational dashboards, announced the successful completion of a primary and secondary transaction totaling about $270 million in proceeds to the company and certain of its stockholders. The company also announced additional growth milestones that solidified its position as a leader in the observability industry.