Startups

LeagueApps: Significant Equity Investment From Accel-KKR Signed

By Amit Chowdhry ● Oct 19, 2024

LeagueApps, a leading youth sports management platform, announced that it has received a significant equity investment from Accel-KKR. This investment by Accel-KKR will advance LeagueApps' role in offering youth and local sports organizers with the tools, partnerships, and community they need to succeed on and off the field – helping them manage and grow their clubs, tournaments, leagues, camps, and facilities.

Azra Games: $42.7 Million (Series A) Raised To Create Next-Gen Mobile Role-Playing Games

By Amit Chowdhry ● Oct 19, 2024

Sacramento-based Azra Games is a company that is dedicated to creating the next generation of mobile role-playing games (RPGs) with thrilling gameplay announced the completion of its $42.7 million Series A round. The funding round was led by Pantera Capital (Franklin Bi), with participation from a16z crypto (Arianna Simpson), A16Z GAMES (Jonathan Lai), and NFX (Gigi Levy-Weiss). And this brings Azra's total funding to date to $68.3 million.

Gladia: AI Transcription And Audio Intelligence Company Raises $16 Million (Series A)

By Amit Chowdhry ● Oct 19, 2024

Gladia, an AI-based transcription and audio intelligence provider, announced it has completed a $16 million Series A funding round. The company will use the funding to develop an end-to-end audio infrastructure, starting with a new real-time audio transcription and analytics engine (enabling voice-first platforms to deliver more value to their users across borders with AI).

Agtonomy: AI-Based Agriculture Automation Company Raises $32.8 Million (Series A)

By Amit Chowdhry ● Oct 19, 2024

Agtonomy, a pioneer in AI-based automation software for agriculture and land maintenance, announced it has raised an additional $10 million to close its Series A round, bringing the total funding to $32.8 million. Leading mobility venture fund Autotech Ventures led the round. And new investors include Rethink Food, Allison Transmission, and Black Forest Ventures. Existing backers Toyota Ventures, Flybridge, and Cavallo Partners continued their support.

Galileo: Enterprise GenAI Evaluation And Observability Company Raises $45 Million (Series B)

By Amit Chowdhry ● Oct 19, 2024

Galileo, a leader in generative AI (GenAI) evaluation and observability for enterprises, announced it raised $45 million in Series B funding led by Scale Venture Partners, with participation from Premji Invest, bringing the company's total funding to $68 million.

Monument Therapeutics: Precision Neuroscience Company Raises £1 Million

By Amit Chowdhry ● Oct 19, 2024

Monument Therapeutics, a precision neuroscience company, announced a further £1 million equity investment by the Forster Foundation, a charitable incorporated organization. This new funding builds on equity and non-dilutive funding announced in April 2024 and will support the clinical development of MT1988, a novel treatment for the cognitive symptoms of schizophrenia.

LeasePoint: $40 Million Incremental Funding Raised From Altriarch Asset Management

By Amit Chowdhry ● Oct 18, 2024

LeasePoint Funding Group announced today that it has secured $40 million of incremental funding from Altriarch Asset Management.

Eruditus: $150 Million (Series F) Raised To Make Education Accessible And Affordable

By Amit Chowdhry ● Oct 18, 2024

Eruditus, a leader in making high-quality education accessible and affordable to individuals, companies, and governments, announced today that it has raised a $150 million Series F fundraise led by TPG's The Rise Fund with participation from existing investors Softbank Vision Fund 2, Leeds Illuminate, Accel, CPP Investments and the Chan Zuckerberg Initiative.

MyFO: $3.5 Million (Seed) Raised For Transforming Family Office Management

By Amit Chowdhry ● Oct 18, 2024

MyFO, a fast-growing platform for family offices and the wealth management professionals who service them, announced the closing of its oversubscribed $3.5 million seed funding round, led by Rhino Ventures. The platform simplifies and organizes financial lives by creating a comprehensive family office platform consolidating data, documents, and stakeholder management. The new injection of funds will scale its operations to meet growing demand, enhance its product offerings, and expand its team.

Manifest: Digital Wellness Company Raises $3.4 Million

By Amit Chowdhry ● Oct 17, 2024

Manifest is a digital wellness company building products for Gen Z, which has grown in popularity for tapping into desires for personal growth in romantic relationships, career success, financial abundance, and emotional well-being. The company has raised $3.4 million in funding from a16z Speedrun, HF0, Florida Funders, Soma Capital, Stand Together Ventures Lab, Transpose Platform, 305 Ventures, Mack Ventures, and other angel investors to give Gen Z a space to proactively tackle what's in front of them and build daily habits of self-care.

SynthBee: $20 Million (Seed) Raised For Scaling Its Computing Intelligence Platform

By Amit Chowdhry ● Oct 17, 2024

SynthBee, a company building a scalable and reliable computing intelligence platform to amplify and accelerate human innovation, announced it has secured $20 million in seed funding to expand the company and build out the team around its proprietary computing intelligence platform. The funding was provided by Crosspoint Capital Partners.

Tako: AI Search Company Raises $5.75 Million (Seed)

By Amit Chowdhry ● Oct 17, 2024

Tako, an AI search engine for visualizing and sharing the world's knowledge, announced it has raised $5.75 million in a seed funding round led by Kevin Hartz at A* and Ramtin Naimi at Abstract Ventures with participation from Stanley Druckenmiller / Kevin Warsh, Gokul Rajaram, Naval Ravikant, Stan Chudnovsky, Guillermo Rauch (Vercel), Scott Belsky (Adobe), GC Lionetti (OpenAI), George Sivulka (Hebbia), Aravind Srinivas (Perplexity), Johnny Ho (Perplexity), Kanjun Qiu (Outset Ventures), Joe Montana (Liquid2 Ventures), Chase Coleman, Diogo Monica (Haun Ventures), Nathan McCauley (Anchorage Digital), Paul Yacoubian (Copy.ai), and more.

MEDiC Life Sciences: Functional Genomics Company Raises $5 Million

By Amit Chowdhry ● Oct 17, 2024

MEDiC Life Sciences, a leading functional genomics startup in Silicon Valley, announced a $5 million strategic investment from LG and Hanmi Pharmaceutical. This funding comes ahead of MEDiC’s planned Series-A round later this year. Previously, MEDiC raised $8 million in a Seed round led by a group of investors, including Illumina Accelerator, Top Harvest Capital, Primer Sazze, Big Basin Capital, First In Ventures, Valuence Ventures, Gradient, and Wing Venture Capital.

Omnea: Procurement Platform Company Raises $20 Million (Series A)

By Amit Chowdhry ● Oct 17, 2024

Omnea - an AI-based procurement orchestration and supplier risk management platform - announced it has raised $20 million in Series A funding to make procurement painless and give companies greater control over their spend. Accel led the funding round, with participation from existing investors First Round Capital and Point Nine, who led the previously unannounced $5 million seed round.

OroraTech: $27.3 Million (Series B) Closed To Advance Predictive AI In Wildfire Management

By Amit Chowdhry ● Oct 17, 2024

OroraTech, a leader in wildfire intelligence, announced closing its $27.3 million Series B funding round led by Korys, the European Circular Bioeconomy Fund (ECBF), and long-standing investor Bayern Kapital. This funding round will advance the next phase of OroraTech’s strategic growth, with the company further expanding key global markets and enhancing its predictive AI capabilities and orbital sensor network. Through predictive algorithm data fed by their thermal satellite network, OroraTech enables companies, organizations, and fire agencies to actively respond to the global wildfire crisis, reducing damage and saving lives.

Zinnia: $300 Million (Strategic Financing) Secured From Vista Credit Partners

By Amit Chowdhry ● Oct 16, 2024

Zinnia, a leading life and annuity (L&A) insurance technology company, announced $300 million in financing from Vista Credit Partners (a subsidiary of Vista Equity Partners and a strategic credit and financing partner focused on the enterprise software, data, and technology markets). This new financing will accelerate Zinnia’s go-to-market strategy.

Lightmatter: Photonic Supercomputing Company Raises $400 Million (Series D) At $4.4 Billion Valuation

By Amit Chowdhry ● Oct 16, 2024

Lightmatter, a leader in photonic supercomputing, announced today that it has raised a $400 million Series D. This company valuation at $4.4 billion brings the total capital raised to date to $850 million.

BuiltWorlds And 1871 Partnering To Better Serve The Construction Industry

By Amit Chowdhry ● Oct 16, 2024

BuiltWorlds (a member network and innovation catalyst for the buildings and infrastructure industries) partnered with 1871 (a global innovation hub based in Chicago). BuiltWorlds and 1871 have long worked parallel to one another, with BuiltWorlds focusing on tech innovation in myriad construction sectors and 1871 serving multiple industries, including construction. The two organizations also recently agreed to combine efforts to better identify and elevate innovation in the construction/building technology spaces.

ForceMetrics: Decision-Assist Public Safety Platform Company Raises $22 Million

By Amit Chowdhry ● Oct 16, 2024

ForceMetrics – a leading decision-assist public safety platform that consolidates critical information for first responders and provides real-time, actionable insights, saving time, money, and lives – announced today that it has raised $22 million. The company is backed by leading institutional firms, industry leaders, and public safety advocates, such as a lead investment by Costanoa Ventures with additional support from the Hobson Lucas Family Foundation (founded by George Lucas and Mellody Hobson), Stand Together Venture Labs (previously the Charles Koch Institute), GovTech Fund, Flybridge Capital, Growth Warrior Capital, and more.

Fin: Sustainable Logistics Company Raises $7 Million (Seed)

By Amit Chowdhry ● Oct 16, 2024

Fin, London’s premier operator in sustainable logistics, announced today that it has raised $7 million in seed funding and plans to expand its operations to the US. This funding round was led by MaC Venture Capital and participated in by Side Door Ventures, Pearls Capital, and Simplex Ventures.