Startups

Heartbeat Health Raises Growth Funding From Cressey And Existing Investors

By Amit Chowdhry ● Jul 18, 2024

Heartbeat Health, one of the leading cardiovascular care companies in the country, announced that it has closed a significant growth investment by Cressey & Company LP, a private investment firm focused on building leading healthcare services and information technology businesses. And Heartbeat offers virtual care and diagnostic services focused on identifying and closing gaps in cardiovascular disease.

Coast: $40 Million Secured To Advance Platform For Managing Fleet Spending

By Amit Chowdhry ● Jul 18, 2024

Coast, a New York-based company offering a simple and smart way for companies in the US to manage fuel and fleet spending, today announced it has raised $40 million in new Series B financing, led by ICONIQ Growth. This funding round included participation from existing investors Accel, Insight Partners, Vesey Ventures, and Avid Ventures, and new investor Thomvest.

Thoughtful AI: AI-Based Revenue Cycle Automation Company Secures $20 Million

By Amit Chowdhry ● Jul 18, 2024

Thoughtful AI, an AI-based revenue cycle automation company, today made several announcements highlighting its forward momentum, including the launch of the world’s first fully human-capable AI Agents specializing in healthcare revenue cycle management (RCM), solid growth metrics, and $20 million in new funding through a Series A round led by Nick Solaro of Drive Capital with participation from TriplePoint Capital.

REMspace: Neurotech Company Raises $1 Million In Seed Funding

By Amit Chowdhry ● Jul 18, 2024

REMspace, a neurotechnology company specializing in lucid dreaming studies, announced today it has closed a $1 million seed round, raised from lucid dreaming practitioners and enthusiasts based across Europe.

Piere: An Interview With Yuval Shuminer About This Check Splitting App

By Amit Chowdhry ● Jul 18, 2024

Piere, the company that offers an intelligent way to split the check, raise money in a group, and repay friends, just got smarter. Pulse 2.0 interviewed Piere founder and CEO Yuval Shuminer to learn more about the company.

Astria: Shared Sequencer Network Company Raises $12.5 Million

By Amit Chowdhry ● Jul 17, 2024

Astria is a shared sequencer network that replaces centralized sequencing, enabling many rollups to share a single decentralized network of sequencers that is simple and permissionless to join. The company has announced the successful completion of a $12.5 million strategic fundraise led by dba and Placeholder VC, with participation from RockawayX and returning investors.

Moffin: Data-Integration-Platform-As-A-Service Company Raises $2.1 Million

By Amit Chowdhry ● Jul 17, 2024

Moffin, a Mexico-based software and data integration leader, announced that it has completed a $2.1 million seed funding round led by Accion Venture Lab and Chile Ventures. Fondation Botnar, New Ventures Capital, Rally Cap Ventures, Digital Currency Group, Carabela and AngelHub also participated in the round, with the goal of driving the expansion of the company and refining Moffin’s platform across Mexico.

Bioniq: AI-Based Personalized Supplement Company Secures $15 Million At $75 Million Valuation

By Amit Chowdhry ● Jul 17, 2024

Bioniq, a company founded in 2019 and renowned for its personalized supplements based on blood biomarker data, today announced the closing of its $15 million Series B funding round. This oversubscribed round was led by Principal Investors HV Capital and Unbound. Now, the company is valued at $75 million, and it will use the funding to further expand its global market share through continued disruption of the dietary supplements market.

Escala Raises $12 Million Raised To Help Latin SMBs Optimize Processes

By Amit Chowdhry ● Jul 17, 2024

Escala - a company founded by tech entrepreneur Andrés Moreno - offers a marketing and sales platform aimed at digitizing and optimizing client acquisition and retention for small and medium-sized businesses (SMBs) in Latin America and the US Hispanic market. The company recently completed a $12 million funding round co-led by IGNIA and Alaya Capital, with participation from High Alpha and other investors.

Menlo Ventures And Anthropic Launching $100 Million Anthology Fund For Accelerating AI Innovation

By Amit Chowdhry ● Jul 17, 2024

Venture capital firm Menlo Ventures announced the Anthology Fund, a groundbreaking $100 million initiative created in partnership with Anthropic, which is the frontier AI safety and research company. The Anthology Fund looks to partner with innovative founders for building unique AI-first applications and infrastructure solutions that leverage Anthropic’s technology and AI models.

Tembo: Postgres-Managed Company Raises $14 Million In Series A

By Amit Chowdhry ● Jul 17, 2024

Postgres-managed service Tembo announced it has closed a $14 million Series A funding round. GreatPoint Ventures led the investment with participation from Venrock, Grand Ventures, Wireframe Ventures, Defined Capital, and Cintrifuse Capital, along with several renowned angels.

Freshpaint: Healthcare Privacy Platform Company Closes $30 Million In Series B

By Amit Chowdhry ● Jul 17, 2024

Healthcare Privacy Platform company Freshpaint announced it raised $30.7 million in Series B funding led by Threshold, with additional participation from new investor SignalFire and existing investors Intel Capital, Y Combinator, and Zero Prime. This round brings Freshpaint's total funding to date to $41.8 million.

Adona Medical: $33.5 Million Raised To Deliver Advanced Solutions For Heart Failure

By Amit Chowdhry ● Jul 17, 2024

Adona Medical, a company that aims to deliver advanced solutions for heart failure, announced it has secured $33.5 million in Series C financing. The funding round will be used to further product development and to initiate clinical use of the company's adjustable interatrial shunt with integrated bi-atrial pressure monitoring.

Index Ventures: $2.3 Billion In New Funds Raised

By Amit Chowdhry ● Jul 17, 2024

Index Ventures, a leading global venture capital firm, announced $2.3 billion in new funds to drive relationships with exceptional entrepreneurs who are creating transformative, category-defining businesses. When combined with Index’s existing $300 million Origin seed fund, Index is deploying $2.6 billion in capital to back founders from seed to IPO. This brings Index’s total capital raised to $15 billion since its founding.

HammerTech: Construction Safety Software Company Raises $70 Million

By Amit Chowdhry ● Jul 16, 2024

Construction safety software company HammerTech announced plans to accelerate business expansion and product innovation following a $70 million (A$105 million) growth investment from US-based Riverwood Capital, one of the leading investment firms solely dedicated to technology growth and scalability.

Alvys: Logistics Operating Platform Company Raises $20.5 Million In Series A

By Amit Chowdhry ● Jul 15, 2024

Alvys, a logistics operating platform for logistics and supply chain management, today announced it has raised $20.5 million in a Series A funding round. This funding round was led by Titanium Ventures (formerly Telstra Ventures), with new investor Picus Capital and existing investors RTP and Bonfire.

Modicus Prime: $3.5 Million Closed To Automate Biologics Image Analysis

By Amit Chowdhry ● Jul 15, 2024

Modicus Prime - a resident at Johnson & Johnson Innovation – JLABS @ TMC - announced today that it completed a $3.5 million series seed funding led by Silverton Partners, with additional backing from Alumni Ventures and other leading venture firms. In connection with the funding round, Silverton Partners' Roger Chen joins the Company's board of directors.

UNCAGED Innovations: $5.6 Million Raised To Create Sustainable Leather From Grains At Scale

By Amit Chowdhry ● Jul 15, 2024

UNCAGED Innovations, a biomaterial company that is creating sustainable leather from grains at scale, has raised an oversubscribed $5.6M Seed investment. The funding round was co-led by Green Circle Foodtech Ventures and Fall Line Capital, with participation from Ponderosa Ventures, Golden Seeds and existing investor InMotion Ventures, the investment arm of JLR (Jaguar Land Rover).

Adaptive: Construction-Focused Financial Automation Platform Raises $19 Million In Series A

By Amit Chowdhry ● Jul 15, 2024

Adaptive, a leading financial automation platform working to transform how businesses in the construction industry manage their money, announced it secured a $19 million Series A funding round today. This investment was led by Emergence Capital along with participation from Andreessen Horowitz, Definition, Exponent, 3kvc, Box Group, and Gokul Rajaram. And the funding brings Adaptive's total capital raised to $26.4 million.

Scaler: $10 Million In Series A Raised To Advance Platform For Decarbonizing Real Estate

By Amit Chowdhry ● Jul 15, 2024

Scaler, a company focused on decarbonizing real estate with machine learning, ESG data collection, and reporting announced it had raised $10 million led by Plural in Series A funding. This funding round, which included participation from previous investor Base10, will be used to develop the product further, grow the engineering team, and expand to new markets beyond Europe to set a new standard in ESG decision-making.

NOWDiagnostics: OTC And POC Diagnostic Test Company Raises $22.5 Million In Series B

By Amit Chowdhry ● Jul 15, 2024

NOWDiagnostics (NOWDx), a developer of over the counter (OTC) and point-of-care (POC) diagnostic tests, announced it has raised $22.5 million in Series B financing. Led by DigitalDx Ventures, with notable investment from the Labcorp Venture Fund and Kompass Kapital Management, this oversubscribed funding round will be used to drive the commercialization of at-home diagnostic tests, continue developing new diagnostic innovations, expand the pipeline of tests, and support strategic hiring initiatives.

epilot: €10 Million Secured To Help Power Green Energy Transition

By Amit Chowdhry ● Jul 15, 2024

epilot, a platform powering the green energy transition through digital transformation, announced it had raised €10 million from Expedition Growth Capital. The new funding round will be used to accelerate its product roadmap and empower leading energy and utility companies to adopt renewable energy through seamless technology. And Expedition partner Will Sheldon join epilot’s advisory board.

The Lasso: Car Bidding Company Raises $9.8 Million

By Amit Chowdhry ● Jul 15, 2024

Online car bidding platform The Lasso (previously known as Revv) announced it has raised $9.8 million in early-stage funding as it prepares to expand nationwide. This funding round - which was split in three tranches - led to a seed round. Crosslink Capital and Manresa Ventures were the lead investors, while Contour Venture Partners, Liquid2 Ventures, Ritual Capital, Correlation Ventures, and other firms also joined the round.

Endor Labs: Strategic Investment Raised From Citi Ventures

By Amit Chowdhry ● Jul 15, 2024

Supply chain security software leader announced a strategic investment from Citi Ventures today. This investment further validates Endor Labs’ unique approach to securing the software supply chain and it comes less than a year after the company raised $70 million in an oversubscribed Series A funding round from Lightspeed Venture Partners (LSVP), Coatue, Dell Technologies Capital, Section 32 and more than 30 industry-leading CEOs, CISOs and CTOs.

ZwitterCo: $58.4 Million Raised To Transform Water Treatment

By Amit Chowdhry ● Jul 14, 2024

ZwitterCo, a company transforming water treatment with advanced membrane technologies, announced the successful closing of its Series B funding round, led by Evok Innovations. DCVC, BHP, Munich Re Ventures, SiteGround, HG Ventures, and Blue Horizon Advisors joined Evok.

Enso Raises $6 Million To Advance Ecosystem Of Guided AI Agents

By Amit Chowdhry ● Jul 14, 2024

Enso has unveiled the industry's first ecosystem of Guided AI Agents, offering small to medium-sized business (SMBs) with AI-powered Service-as-a-Software. Driving Enso's launch is a $6 million seed funding round led by NFX with participation from top angel investors like Yossi Matias (head of AI Google Research), Shmil Levy (ex-GP at Sequoia Capital), Dark Mode ventures, and operators from top companies including Slack, Twitter, OpenAI, and more.

Courier Health: $16.5 Million Closed To Help Life Science Manufacturers Support Patients

By Amit Chowdhry ● Jul 14, 2024

Courier Health, a company reimagining how life science manufacturers engage and support patients, announced a $16.5 million Series A led by Norwest Venture Partners with participation from existing investor Work-Bench.

Command Zero: Autonomous Cyber Investigation Company Secures $21 Million

By Amit Chowdhry ● Jul 13, 2024

Command Zero, an autonomous and user-led cyber investigation platform, emerged from stealth with $21 million in seed funding, led by Andreessen Horowitz with participation from Insight Partners and over 60 cyber industry thought leaders and executives.

Cluby Closes €2.9 Million To Help Restaurants Connect Digitally With Customers

By Amit Chowdhry ● Jul 13, 2024

Cluby, a Finnish company whose platform enables every restaurant to connect with their customers digitally, announced it has raised €2.9 million seed round from Vendep Capital, Cluby’s co-founder and investor Pekka Koskinen, and Wolt co-founder Elias Aalto. The company will use the funding to expand across Europe, bringing its expertise and tools to a broader audience.

Enterprise Data Company Nasuni Raises Funding At $1.2 Billion Valuation

By Amit Chowdhry ● Jul 13, 2024

Nasuni, a leading enterprise data platform for modern hybrid cloud environments, announced a strategic growth investment led by Vista Equity Partners. And Vista will be joined by TCV and KKR in the new investment, which values Nasuni at about $1.2 billion. The terms of the transaction were not disclosed.