Startups

Metsera: $290 Million Secured To Develop Medicines For Obesity And Metabolic Diseases

By Amit Chowdhry ● Apr 20, 2024

Metsera, a clinical-stage biopharmaceutical company advancing the next generation of medicines for obesity and metabolic diseases, announced its launch this week. And Metsera also announced it raised $290 million in funding led by ARCH Venture Partners with participation from other leading healthcare investors, including F-Prime Capital, GV, Mubadala Capital, Newpath Partners, SoftBank Vision Fund 2, and other undisclosed investors.

Veesual: Virtual Try-On Platform Company Raises $7.5 Million

By Amit Chowdhry ● Apr 20, 2024

Veesual, a Paris-based virtual try-on platform for the fashion industry that transforms how online shoppers experience digital retail, announced the closing of a $7.5 million seed round led by AXA Venture Partners (AVP) and Techstars.

Vorlon: Third-Party API Security Company Closes $15.7 Million

By Amit Chowdhry ● Apr 20, 2024

Vorlon, a leading platform for comprehensive third-party API security, announced it has raised $15.7 million in capital to further its efforts to help CISOs and their security teams proactively secure the third-party APIs their organizations consume. Accel leads this Series A round with additional support from Shield Capital and others.

Kontakt.io: Inpatient Journey Analytics Company Closes $47.5 Million

By Amit Chowdhry ● Apr 20, 2024

Kontakt.io, a leading provider of Inpatient Journey Analytics, announced a Series C investment of $47.5 million, led by Growth Equity at Goldman Sachs Asset Management. This funding round will support the company’s growth and expansion of Artificial Intelligence (AI) solutions.

Volo Sports Raises Strategic Growth Investment From Manhattan West

By Amit Chowdhry ● Apr 20, 2024

Manhattan West, a strategic investment firm offering an integrated platform of investments and services, announced that Manhattan West Private Equity completed its growth equity investment in Volo Sports (Volo). Launched in 2010 as a 16-person bocce league in Baltimore, Maryland, Volo is the premier provider of community-focused and tech-enabled adult social sports and curated events in major cities across the U.S.

Anvilogic: Multi-Data Platform SIEM Company Secures $45 Million

By Amit Chowdhry ● Apr 20, 2024

Anvilogic, the industry's first multi-data platform SIEM, announced closing a $45 million Series C funding round, bringing its total funding to date to $85 million since being founded in 2019. This funding round was led by Evolution Equity Partners, with participation from existing investors Foundation Capital, Cervin Ventures, Myriad Ventures, Point72 Ventures, Outpost Ventures, Stepstone Group, and G Squared.

Verne: Hydrogen Storage Systems Company Raises $15.5 Million In Total Funding

By Amit Chowdhry ● Apr 20, 2024

Verne, a leading developer of high-density hydrogen storage systems, announced a strategic fundraising led by Trucks Venture Capital, with participation from existing investors Collaborative Fund and Amazon’s Climate Pledge Fund, and new investors United Airlines Ventures Sustainable Flight Fund and Newlab.

LunaJoy Health: Holistic Women’s Therapy Company Secures $4.2 Million

By Amit Chowdhry ● Apr 20, 2024

To expand the company's capabilities and close disparities in maternal health care, LunaJoy Health announced the launch of its novel integrated care program, LunaCare, to improve outcomes in maternal mental health. Supported by $4.2 million in new funding, the company received support from a distinguished group of investors, including Y Combinator, FoundersX Fund, Goodwater Capital, Magic Fund, VentureSouq, Nurture Ventures, NorthSouth Ventures, seasoned healthcare angels, and others.

Xfactor.io: AI-Based Revenue Platform Company Secures $16 Million

By Amit Chowdhry ● Apr 19, 2024

Xfactor.io, an AI-based revenue platform, announced a $16 million Series A round co-led by Accel and XFactor.io CEO and founder Mike Carpenter, with participation from Lightspeed and others. Formerly, Carpenter was the President of Global Sales and Field Operations at CrowdStrike, responsible for significant business growth leading to its IPO in 2019. With a career spanning 25 years at McAfee, helping lead its acquisition by Intel, Tanium, and CrowdStrike, Carpenter is an expert in the field.

AgentSmyth: Leading Agent Firm Raises $2.5 Million

By Amit Chowdhry ● Apr 19, 2024

AgentSmyth, a company co-founded in New York in March 2024 by technologist Pulkit Jaiswal and Wall Street experts Daniel McCooey and Mike Block, announced it has launched AI agents that enhance financial analysis. AgentSmyth raised $2.5 million in seed funding from notable industry experts like Michael Rafferty, CEO of Rafferty Holdings and investor in fintech companies, and Craig Milias, former portfolio manager of Platte River Capital.

ClaimScore: Claim Validation Software Company Raises $3.15 Million

By Amit Chowdhry ● Apr 19, 2024

ClaimScore, a first and only provider of AI-based real-time claim validation software, announced the closing of a $3.15 million seed funding round led by ROC Venture Group.

Redaptive: Energy-As-A-Service Company Raises $225 Million

By Amit Chowdhry ● Apr 19, 2024

Redaptive, an Energy-as-a-Service (EaaS) leader, announced it secured $225 million in a warehouse financing facility from ATLAS SP Partners (ATLAS SP). This funding will expand Redaptive's data-enabled platform by adding new Equipment Financing solutions for its customers, primarily commercial and industrial businesses, to install energy-saving and energy-generating equipment with more flexible terms.

UniUni: $50 Million Closed To Help E-Commerce Companies With Last-Mile Logistics

By Amit Chowdhry ● Apr 19, 2024

UniUni, one of the fastest-growing tech companies in Canada, announced that it has raised $50 million in an oversubscribed Series C financing round led by global venture capital firm DCM. As an e-commerce last-mile logistics company, this is UniUni's most significant funding round so far and follows the company's closing of a $20 million Series B2 round of funding in December 2023, led by Celtic House Venture Partners.

dataplor: Global Location Intelligence Company Secures $10.6 Million

By Amit Chowdhry ● Apr 19, 2024

dataplor, a leading provider of global location intelligence, announced a $10.6 million Series A funding round led by Spark Capital. This round, which included participation from Quest Venture Partners, Acronym Venture Capital, Circadian Ventures, Two Lanterns Venture Partners, and APA Venture Partners, will drive dataplor’s ongoing expansion, building the most accurate, comprehensive, and dynamically updated database of global Point of Interest (POI) data.

VulnCheck: Exploit Intelligence Company Closes $7.95 Million

By Amit Chowdhry ● Apr 19, 2024

Exploit intelligence company VulnCheck announced the final closing of its seed funding round at a total of $7.95 million, with $4.75 million in new funding. The latest funding round includes participation from Sorenson Capital.

Greeneye Technology: Precision Spraying Company Secures $20 Million

By Amit Chowdhry ● Apr 19, 2024

Greeneye Technology, a pioneer of AI-enabled precision spraying technology that is proven to reduce herbicide use in farming by an average of 88%, announced the completion of a $20 million funding round led by Israeli investment company Deep Insight.

Usual Labs: $7 Million Raised And $75 Million In TVL Committed

By Amit Chowdhry ● Apr 19, 2024

Usual Labs, a company focused on developing Usual, an innovative protocol bridging the gap between traditional and decentralized finance through the USD0 stablecoin, announced that it had raised $7 million and committed $75 million in Total Value Locked (TVL) to ensure to prepare for the pre-launch of the USD0 stablecoin on the Ethereum mainnet in the second quarter of this year.

Magnus Metal: Digital Casting Company Secures $74 Million

By Amit Chowdhry ● Apr 19, 2024

Magnus Metal, a high-volume digital casting for metal alloys, announced it has raised $74 million in Series B funding, co-led by Entrée Capital and Target Global with additional participation from Caterpillar Ventures, Tal Ventures, Deep Insight Ventures, Awz Ventures, Lumir Ventures, Discount Capital, Lip Ventures, Cresson Management, Next Gear Fund and Essentia Venture Capital. Magnus Metal will use the latest funding round to advance its innovative casting technologies while expanding its operations locally and globally to support its Fortune 100 customers.

Cape: Privacy-First Mobile Carrier Company Raises $61 Million

By Amit Chowdhry ● Apr 19, 2024

Privacy-first mobile carrier Cape announced it raised $61 million in funding led by A* and Andreessen Horowitz. And XYZ Ventures, ex/ante, Costanoa Ventures, Point72 Ventures, Forward Deployed VC, and Karman Ventures also joined the funding round. Cape will use this funding round to build a nationwide mobile network that offers premium wireless coverage, which masks personal identifying information like names, numbers, and locations (unlike traditional carriers).