Startups

Driver: $8 Million (Seed) Funding Raised For Simplifying Technical Documentation

By Amit Chowdhry ● Oct 10, 2024

Driver announced it emerged from stealth mode and the company unveiled its AI-based platform that instantly decodes technology and automates the creation of interactive documentation. And Driver also announced $8 million in seed funding, led by GV (Google Ventures), with participation from Y Combinator and over a dozen early-stage and angel investors.

Green Cabbage: Spend Analytics Company Raises Strategic Funding From Sorenson

By Amit Chowdhry ● Oct 10, 2024

Green Cabbage, a global leader in spend analytics and the only cost-reduction company offering a subscription-based model with a savings guarantee, announced a Series A funding round by Sorenson Capital. This new funding round will support Green Cabbage's continued expansion and mission to drive innovation in procurement and workforce market intelligence.

BizzyCar: $15 Million Growth Round Raised For Transforming Auto Service Platforms

By Amit Chowdhry ● Oct 10, 2024

BizzyCar - a leading autotech solution that exponentially increases service revenue by automating recalls - announced the closing of its $15 million growth funding round. The oversubscribed round was led by Dealer Tire, with participation from existing investors.

Loot Labs: $6 Million (Seed) Raised To Expand Collectibles Platform BOXED.GG

By Amit Chowdhry ● Oct 10, 2024

Loot Labs, a Seattle-based startup that empowers collectors with convenient ways to enjoy their hobby, announced that it has secured $6 million in a seed round investment led by BITKRAFT Ventures, with participation from Sfermion, Fabric Ventures, and Everyrealm. Loot Labs is using the investment to expand its gamified collectibles platform, BOXED.GG, into the digital video game collectibles market, starting with a beta for Counter-Strike 2 skins launching on October 28.

Corvus Robotics: $18 Million (Series A) Secured To Advance Autonomous Inventory Management Systems

By Amit Chowdhry ● Oct 10, 2024

Corvus Robotics, a provider of autonomous inventory management systems, announced an updated version of its Corvus One system. This allows the company to fly its drone-powered system in a lights-out distribution center without any added infrastructure like reflectors, stickers, or beacons. This newest generation product is supported by an $18 million Series A round and seed funding led by S2G Ventures and Spero Ventures. Watch the Corvus One drones fly in a lights-out warehouse.

Kiva AI: $7 Million (Seed) Closed To Deliver Compliant Data Solutions For Developing Specialized AI Applications

By Amit Chowdhry ● Oct 10, 2024

Kiva AI, a platform designed for delivering high-quality and compliant data solutions at scale for developing specialized AI applications in industries like healthcare, finance, and law, has announced the close of a $7 million seed round led by CoinFund. And additional investors include Protagonist, Hashkey, Peer VC, and entrepreneurs such as Bill Tai, Slava Rubin, Cyrus Massoumi, Brian Norgord, and Jack Herrick.

Maven Clinic: Women’s Health Virtual Clinic Company Raises $125 Million (Series F)

By Amit Chowdhry ● Oct 10, 2024

Maven Clinic, the world's largest virtual clinic for women's and family health, announced that it has raised a $125 million Series F funding round led by StepStone Group. The company's existing investors, General Catalyst, Sequoia, Oak HC/FT, Icon Ventures, Dragoneer Investment Group, and Lux Capital, participated in the round. And this funding brings Maven's total to over $425 million.

Orasis Pharmaceuticals: $78 Million (Series D) Raised To Support Launch Of Qlosi

By Amit Chowdhry ● Oct 10, 2024

Orasis Pharmaceuticals, a ophthalmic pharmaceutical company focused on reshaping vision possibilities, announced a $78 million Series D round to support the commercial launch of Qlosi (pilocarpine hydrochloride ophthalmic solution) 0.4%, a novel corrective eye drop for the treatment of presbyopia in adults.

Moselle: C$2.1 Million (Seed) Raised For Making Automated Inventory Management Accessible

By Amit Chowdhry ● Oct 10, 2024

Moselle, an AI-based inventory planner and procurement manager for small- and mid-sized e-commerce brands, announced that it closed a C$2.1 million seed round. This round was led by AQC Capital and MaRS Investment Accelerator Fund, with participation from True, Rebellion Ventures, Highline Beta, Top Knot Ventures, and Singh Capital.

Rocket Learning Developing AI-Based Study Buddy Saheli With Support From Google.org

By Amit Chowdhry ● Oct 10, 2024

Rocket Learning—which presented at the 10th edition of Google for India—announced that it has received additional support from Google.org to launch a new Fellowship aimed at developing a personalized AI tutor for underserved children. The fellowship is designed to make early childhood education interactive and tailored to each child's understanding and pace.

Vieu: AI-Based Sales Graph Company Raises $11 Million (Seed)

By Amit Chowdhry ● Oct 10, 2024

Vieu is a company that developed an AI-based Sales Graph, which challenges traditional social networks and CRM systems to fast-track enterprise sales pursuits. Vieu also announced a $11 million funding round to scale its AI-powered trusted business network with a singular goal - which is to fast-track enterprise sales.

Rippl: Virtual Dementia Care Company Raises $23 Million (Series A)

By Amit Chowdhry ● Oct 9, 2024

Rippl, a leader in virtual dementia care, announced the closing of its Series A funding round. Tina Hoang-To (Kin Ventures Founding General Partner) led the $23 million round with participation from Rippl’s seed investors ARCH Venture Partners, General Catalyst, GV (Google Ventures), F-Prime, Mass General Brigham Ventures, and 1843 Capital. And JSL Health also joined the round.

EvenUp: $135 Million (Series D) Raised At Over $1 Billion Valuation And New Products Launched

By Amit Chowdhry ● Oct 9, 2024

EvenUp - a market leader in personal injury AI and document generation - announced it raised a $135 million Series D funding round and significantly expanded its AI workflow and product suite. Bain Capital Ventures led the round, which also included Premji Invest, Lightspeed Venture Partners, Bessemer Venture Partners, SignalFire, and B Capital Group.

Billables AI: Timekeeping Solution Raises $3.9 Million (Seed)

By Amit Chowdhry ● Oct 9, 2024

Billables AI, an AI-based platform for professional service providers that streamlines operations with its flagship AI-powered timekeeping solution, announced it has raised $3.9 million in seed funding led by Wing VC with participation from F7, SignalFire, Darkmode, Alumni Ventures and AI leaders and industry veterans, including angel investors from Google, Stanford, SambaNova and more. This funding round will go toward investing in advanced ML to further personalize time reports and ultimately build additional productivity tools that help all professional service providers.

DataPelago: Universal Data Processing Engine And $47 Million Funding Revealed

By Amit Chowdhry ● Oct 9, 2024

DataPelago has unveiled a revolutionary Universal Data Processing Engine to accelerate any engine, including open source, on any hardware, using any data type. And the company is launching from stealth with $47 million in funding from Eclipse, Taiwania Capital, Qualcomm Ventures, Alter Venture Partners, Nautilus Venture Partners, and Silicon Valley Bank (a division of First Citizens Bank).

Tildei: $6 Million (Seed) Raised For Advancing Conversational Marketing Platform

By Amit Chowdhry ● Oct 9, 2024

Conversational marketing platform Tildei announced its emergence from stealth with $6 million in seed funding. And the company aims to transform how brands interact with customers in social channels like Instagram and WhatsApp by leveraging artificial intelligence to enable personalized, intelligent conversations at scale. Susa Ventures led the round with participation from Ludlow Ventures, Gradient Ventures, Lerer Hippeau, Vine Ventures, MXV Capital, Marcelo Claure, Jason Lemkin, and other angel investors.

Dynasty Financial Raises Funding From BlackRock, JPMorgan, And Existing Investors

By Amit Chowdhry ● Oct 9, 2024

Dynasty Financial Partners announced it closed a minority capital raise to fuel its ongoing growth. Several of Dynasty’s long-standing investors and members of its Board of Directors supported the round, as well as three strategic investors, including existing investor The Charles Schwab Corporation and new investors BlackRock and J.P. Morgan Asset Management. All proceeds from the investment round will go directly into Dynasty’s business to enhance its platform which helps its clients build better businesses and take better care of their clients.

Zubr Capital Investing In Larixon Classifieds

By Amit Chowdhry ● Oct 9, 2024

Zubr Capital announced a new investment in Larixon Classifieds with local developments in Cyprus, Mongolia, Tajikistan, Jamaica, Trinidad and Tobago. And Larixon Classifieds is a holding company that owns multiple successful classified platforms across various emerging markets. Among these platforms are Bazaraki.com (the largest classified in Cyprus), Unegiu.mn in Mongolia, Somon.tj in Tajikistan, Pin.tt in Trinidad & Tobago, and JaCars.net for car classifieds throughout Jamaica.

Salient Motion: $12 Million Raised For Scaling Motion Control Business

By Amit Chowdhry ● Oct 9, 2024

Salient Motion, an aerospace and defense component supplier, announced it has closed $12 million in total funding, preseed and seed rounds, to transform the design and manufacturing of critical motion control components. This funding round was led by Cantos Ventures, with participation from Andreessen Horowitz, AE Ventures, Hummingbird Ventures, and BoxGroup.

TensorWave: $43 Million In SAFE Funding Raised For Advancing AI Computing Solutions

By Amit Chowdhry ● Oct 8, 2024

AI GPU cloud platform company TensorWave announced the closing of a $43 million SAFE funding round. This funding round - which was led by Nexus VP, marks the largest SAFE funding for any Nevada-based startup so far. And other investors in this round include Maverick Capital, Translink Capital, Javelin Venture Partners, StartupNV, and AMD Ventures.

City Therapeutics: $135 Million (Series A) Raised For RNAi-Based Medicine

By Amit Chowdhry ● Oct 8, 2024

City Therapeutics announced its launch with a vision to lead the future of RNA interference (RNAi)-based medicine. And City Therapeutics aims to utilize next-generation engineering of small interfering RNAs (siRNAs) – which is the “trigger” molecules that mediate RNAi – to build a robust and sustainable product engine and expand the therapeutic reach of RNAi-based medicines. Headed by executive chair John Maraganore, Ph.D., founding CEO of Alnylam Pharmaceuticals, the company has completed a $135 million Series A financing led by ARCH Venture Partners, with participation from other leading life sciences investors including Fidelity Management & Research Company, Invus, Slate Path Capital, Rock Springs Capital, Regeneron Ventures, AN Ventures and other undisclosed investors.

Distributional: Modern Enterprise Platform Company Raises $19 Million (Series A)

By Amit Chowdhry ● Oct 8, 2024

Distributional, a modern enterprise platform for AI testing, announced that it has raised $19 million in Series A funding led by Two Sigma Ventures with participation from Andreessen Horowitz, Operator Collective, Oregon Venture Fund, Essence VC, Alumni Ventures and dozens of angel investors. And the new funding round brings Distributional’s total capital raised to $30 million less than one year since its incorporation.

Facet: $35 Million Closed For Broadening Access To Financial Advice

By Amit Chowdhry ● Oct 8, 2024

Facet, a fintech company building the future of financial planning, announced it has raised an additional $35 million in new financing. The funding round was led by Multiplier Capital, a leading provider of flexible financing solutions. Additional investors in this round include Warburg Pincus, Audacious Capital, and others.

Rezilient Health: Healthcare Company Raises $10 Million (Series A)

By Amit Chowdhry ● Oct 8, 2024

Leading tech-enabled healthcare company Rezilient Heath announced that it has closed a $10 million Series A funding round led by Govo Venture Partners with participation from Bridge Ventures, Acorn Pacific Ventures, The Council, Jim McKelvey (Co-Founder of Block, formerly Square), Mark and Robyn Jones (Founders of Goosehead Insurance), Jeremy Friese (Founder of Verata Health), and David Karandish (Founder of Answers.com).

NuFund Venture Launches New Austin, Texas-Based Cluster

By Amit Chowdhry ● Oct 8, 2024

NuFund Venture Group, one of the nation’s largest and most active early-stage investor networks, has announced the launch of its new Austin Cluster. This expansion into the Texas Market represents the next step in NuFund’s mission to build thriving startup ecosystems beyond its Southern California roots.

Alto Reveals New Fund In Partnership With SignalRank

By Amit Chowdhry ● Oct 8, 2024

Alto, an alternative asset platform that enables individuals to invest in alternative assets using retirement funds, announced a new investment opportunity with SignalRank, the first private markets index made up of preferred Series B shares in high-growth venture-backed companies.

Paren: Data Insights Company Secures $3 Million (Seed)

By Amit Chowdhry ● Oct 8, 2024

Paren—a software platform powering electric mobility with unified data insights—announced that it has raised $3 million in its first financing round. Base10 Partners led the funding round. Founders Network Fund and Luc Vincent (founder of Google Street View and Lyft 5) also participated in the round. Paren will use the funding to scale its current data platform and build new services.

Blue Energy: Nuclear Power Plant Company Secures $45 Million (Series A)

By Amit Chowdhry ● Oct 8, 2024

Nuclear power plant company Blue Energy announced it emerged from stealth with a $45 million Series A fundraise co-led by Engine Ventures and At One Ventures, with investment from Angular Ventures, Tamarack Global, Propeller Ventures, Starlight Ventures, and Nucleation Capital. And Blue Energy also introduced its modular nuclear power plant that can be centrally manufactured in existing shipyards.

3Laws: $4.1 Million (Seed) Raised For Enabling Robot Operations In Dynamic Environments

By Amit Chowdhry ● Oct 8, 2024

3Laws, a leader in dynamic safety solutions for autonomous systems, announced it has secured $4.1 million in seed funding. TenOneTen led the round, which included the Amazon Industrial Innovation Fund. All pre-seed investors have chosen to maintain or increase their ownership.

Kings Group Ventures Invests In Way Media

By Amit Chowdhry ● Oct 8, 2024

Kings Group Ventures (KGV), a Dubai-based strategic investment firm, announced an investment in Way Media (WM), a South African company. The funds from this investment will be used to expand Way Media's facilities in South Africa and further develop its international presence.