Startups

Intramotev: Battery-Electric Railcar Retrofit Company Raises $14.4 Million (Series A)

By Amit Chowdhry ● Aug 19, 2024

Intramotev, a technology company building battery-electric railcar retrofits, announced it had closed a $14.4 million oversubscribed Series A funding round. This funding round was led by Flybridge Capital Partners and Alpaca VC, and joined by other investors, including Advantage Capital, Aera VC, Band VC, Cantos, Cathcart Rail, Collide Capital, Decisive Point, and Idealab Arizona.

CodeRabit: Code Review Platform Company Raises $16 Million (Series A)

By Amit Chowdhry ● Aug 19, 2024

CodeRabbit, an AI-based platform transforming the code review process, announced it has completed a $16 million Series A funding round. The funding round – which was Led by CRV - also included participation from Flex Capital, Engineering Capital and prominent angel investors, including Olivier Pomel (CEO of Datadog).

TEAMology: $1.2 Million (Seed) Raised To Improve Mental Health Support For Kids

By Amit Chowdhry ● Aug 19, 2024

TEAMology, an international leader in K-8 social-emotional support solutions, announced the closing of its seed round funding. This $1.2 million funding round was led by VC 414 (based out of Milwaukee, Wisconsin) with additional contributions from Supes' Fund, White Rose Ventures, 1855 VC, and Product 10X.

Branch Energy: Retail Power Provider Company Raises $10.8 Million (Series A)

By Amit Chowdhry ● Aug 19, 2024

Retail energy provider Branch Energy announced it had raised $10.8 million in an oversubscribed Series A funding round led by Prelude Ventures (a climate-focused venture capital firm) and Zero Infinity Partners (an infra-tech investor).

Filmustage: $1.5 Million (Seed) Raised To Enhance Film Pre-Production Phases

By Amit Chowdhry ● Aug 19, 2024

Filmustage, an AI platform that enhances the film pre-production phase from script breakdowns and scheduling to analysis, synopsis crafting, budget management, etc., announced a $1.5 million seed funding round led by UK-based VC fund Raw Ventures with Geek Ventures, among other investors.

UCSC Alumni Receive NSF Grant For Growing VR Physical Rehabilitation Company Immergo Labs

By Amit Chowdhry ● Aug 19, 2024

The National Science Foundation (NSF) has awarded three Baskin Engineering alumni with a $1 million Small Business Innovation Research grant to support the research and development of an extended reality platform for full-body physical rehabilitation. Aviv Elor (B.S., Robotics Engineering, '19; Ph.D., Computational Media, '21), Michael Powell (Ph.D., Computer Engineering, '21), and Ash Robbins (B.S., Robotics Engineering, '18; Ph.D., Electrical and Computer Engineering, ‘24') co-founded Immergo Labs, which is a company that uses AI and VR to integrate telehealth capabilities and enhance remote physical therapy care.

Chaos Labs: Onchain Risk Management Company Raises $55 Million (Series A)

By Amit Chowdhry ● Aug 19, 2024

Chaos Labs, an industry leader in onchain risk management, announced a $55 million Series A funding round led by Haun Ventures. This significant funding - which is aimed at scaling onchain economic security has attracted prominent new investors including F-Prime Capital, Slow Ventures, Spartan Capital, and more. And they join existing backers such as Lightspeed Venture Partners, Galaxy Ventures, Wintermute Ventures, PayPal Ventures, General Catalyst, Bessemer Venture Partners, and Coinbase Ventures. The funding round also saw participation from strategic angel investors, including Kevin Weil (OpenAI CPO), Michael Shaulov (Fireblocks CEO), Anatoly Yakovenko (Solana CEO), Francesco Agosti (Phantom CTO), and Anton Katz (Talos CEO).

Quantum Circuits: Yale Computing Solution Spinout Raises Over $60 Million (Series B)

By Amit Chowdhry ● Aug 19, 2024

Quantum Circuits announced it has secured a final Series B investment round of over $60 million. This funding round provides additional capital support as it prepares to commercialize its quantum systems with an industry first: error detection built into a more powerful qubit for scalable and higher-fidelity computing.

Fisent: Applied GenAI Process Automation Solutions Company Raises Funding From Strategic Investors

By Amit Chowdhry ● Aug 18, 2024

Fisent Technologies, a pioneer in Applied GenAI Process Automation solutions, announced it has secured funding from strategic investors including Pegasystems, Sand Dollar Capital, and prominent entrepreneurs - which will drive the growth of its BizAI product as the market leader in Applied GenAI Process Automation.

Amulet: $5.8 Million (Series A) Closed To Develop Sensors For Finding Allergens And Environmental Contaminants In Food

By Amit Chowdhry ● Aug 18, 2024

Amulet, a company shining a light on invisible threats in our food system, announced $5.8 million in Series A financing led by HealthX Ventures, with participation from Incite Ventures, AllerFund, Mendota Venture Capital, Great Oaks Venture Capital, and individuals such as e-commerce pioneer, Pinterest executive, and Daydream founder Julie Bornstein and serial founder and investor Diede van Lamoen.

Pelage Pharmaceuticals: $14 Million (Series A-1) Raised In Round Led By GV To Address Hair Loss Treatments

By Amit Chowdhry ● Aug 18, 2024

Pelage Pharmaceuticals, a clinical-stage regenerative medicine company crearting a new generation of treatments for hair loss, announced that the first patients have been dosed in its Phase 2a clinical trial evaluating the safety and efficacy of PP405, a novel topical small molecule, for the treatment of androgenetic alopecia (pattern baldness). Pelage also raised a $14 million Series A-1, led by GV with support from Main Street Advisors, Visionary Ventures, and YK BioVentures, following an initial $16.75 million Series A financing announced in February 2024.