Startups

Earthshot Labs Raises $5.5 Million To Expand Nature-Based Carbon Project Development

By Amit Chowdhry ● Jul 26, 2024

Earthshot Labs announced it has completed a $5.5 million Series A funding round to expand its platform for nature-based carbon project development and financing. And Earthshot has helped develop over 60 reforestation, conservation, agroforestry, and improved forest management projects worldwide and directed over $55 million in financing. This funding round was led by Acorn Pacific Ventures with participation by Earth Foundry, Future Ventures, Resilient Earth Capital, One Small Planet, Parameter Ventures, Sand Hill Angels, and Orca Capital.

CytoReason: $80 Million Raised To Develop Computational Disease Models For Predictive Insights

By Amit Chowdhry ● Jul 26, 2024

CytoReason, a leader in developing computational disease models for predictive insights, announced it raised an aggregated $80 million from OurCrowd, NVIDIA, Pfizer, and Thermo Fisher Scientific.

ReliON: C$3 Million Raised To Develop O&M Solutions For EV Charging Infrastructure

By Amit Chowdhry ● Jul 26, 2024

ReliON - a Montréal and Ottawa-based pioneering provider of Operation & Maintenance (O&M) solutions for EV charging infrastructure - announced it has raised a C$3 million funding round led by Diagram Ventures, with participation from MaRS Investment Accelerator Fund (IAF), AQC Capital, Anges Québec and Cycle Momentum.

Aven: $142 Million In Series D Raised To Offer Consumer Credit Cards Backed By Home Equity

By Amit Chowdhry ● Jul 26, 2024

Aven, a technology company offering consumer credit cards backed by home equity, announced a $142 million series D round of funding led by Khosla Ventures and General Catalyst, with participation from existing investors, including Caffeinated Capital, Electric Capital, Founders Fund, and The General Partnership.

Leya: AI-Driven Legal Technology Company Closes $25 Million In Series A

By Amit Chowdhry ● Jul 26, 2024

Leya, a pioneer in AI-driven legal technology, announced the successful closing of a $25 million Series A funding round. This funding round was led by Redpoint Ventures, with participation from existing investors Benchmark, Y Combinator, and Wayfinder Ventures and the new addition of Alt Capital.

Code Metal: AI-Based Edge Development Workflow Company Secures $13 Million In Seed Funding

By Amit Chowdhry ● Jul 26, 2024

Code Metal, a leading company in AI-based development workflows for the edge, announced a $13 million seed funding round, led by Shield Capital, and a prior $3.45 million pre-seed round, led by J2 Ventures, with support from Fulcrum Venture Group, Underdog Labs, and others.

Magenta Medical: Heart Pump Company Raises $105 Million

By Amit Chowdhry ● Jul 26, 2024

Magenta Medical, the developer of Elevate (the world's smallest heart pump), announced it had closed a $105 million funding round led by global healthcare investment firm Novo Holdings. The new investors Viking Global Investors and RA Capital Management, as well as existing investors OrbiMed, New Enterprise Associates (NEA), JVC Investment Partners, and ALIVE - Israel HealthTech Fund, also participated in this round.