Venture Capital

ComEd: $100 Million In EV Rebates Announced

By Amit Chowdhry ● Today at 11:46 AM

ComEd announced it has made $100 million in rebates available to help more customers take steps toward electric vehicles (EVs) this year. To reduce the upfront cost barriers to EVs, these rebates cover three distinct programs: residential EV charger and installation costs, all-electric fleet vehicles, and business and public sector ready-to-charge infrastructure.

CarbonZero.Eco: $3.5 Million (Seed) Raised For Addressing Regenerative Agriculture And CO2 Removal

By Amit Chowdhry ● Today at 7:42 AM

CarbonZero.Eco, a startup tackling regenerative agriculture and CO2 removal through Biochar, emerged from stealth and announced a $3.5 million seed round that includes investments from managers and executives at Google, Meta, Amazon and the CEOs of several late-stage startups.

Newleos Therapeutics: $93.5 Million (Series A) Raised For Transforming Treatment Of Neuropsychiatric Disorders

By Amit Chowdhry ● Today at 7:38 AM

Newleos Therapeutics - a clinical-stage neuroscience company co-founded by Longwood Fund and seasoned leaders in CNS drug development - announced the closing of an oversubscribed $93.5 million Series A financing. Goldman Sachs Alternatives led the funding with participation from Novo Holdings A/S, Longwood Fund, DCVC Bio, and Arkin Bio Capital.

Prenuvo: $120 Million Raised For MRI Screening Platform

By Amit Chowdhry ● Today at 7:28 AM

Prenuvo, a leader in proactive whole-body MRI screening, disclosed that it quietly raised $120 million as part of Series B fundraising this year, demonstrating its category leadership in preventative health. The company has identified over 1.4 million personalized health insights across its member base, highlighting the critical role of early detection. This milestone comes as Prenuvo surpassed 110,000 members and secured FDA clearance for its AI-powered Prenuvo Body Composition report.

Antares Capital: Private Credit Fund Launched At Over $1.4 Billion

By Amit Chowdhry ● Today at 7:25 AM

Antares Capital, an alternative credit manager with about $80 billion in capital under management and administration, today announced that Antares Private Credit Fund (ABDC), a public, non-traded business development company (BDC), announced it has launched with over $1.4 billion in investable capital. The fund's new and existing global investors include insurance companies, banks, family offices and pension plans, and Antares’ majority owner, Canada Pension Plan Investment Board (CPP Investments).

Uscreen: Video Monetization Company Raises $150 Million From PSG

By Amit Chowdhry ● Today at 7:21 AM

Uscreen, a video monetization platform for the creator economy, announced a $150 million investment with PSG, a leading growth equity firm partnering with software and technology-enabled services companies to capitalize on transformational growth. And PSG’s funding will help reinforce and strengthen Uscreen’s leading position in shaping the future of the creator economy by bringing together content, community, and experiences in ways that delight consumers.

Junevity: $10 Million (Seed) Raised For Developing Cell Reset Therapeutics For Longevity

By Amit Chowdhry ● Today at 7:19 AM

Junevity, a biotechnology company that aims to extend lifespan and health by resetting cell damage from age-related diseases, announced $10 million in seed funding led by Goldcrest Capital and Godfrey Capital.

IBI Ag: $6.1 Million Raised For Crop Protection Platform

By Amit Chowdhry ● Today at 7:17 AM

IBI Ag, a pioneering crop protection company developing a wide array of bio-insecticides with a lower ecological footprint, announced it has closed the first part of its Series A funding round with a $6.1 million investment. This funding round — led by Corteva (through its Corteva Catalyst platform) with the participation of The Trendlines Group, Iron Nation, Consensus Business Group (CBG), and a grant from the Israel Innovation Authority — validates the strategic importance of IBI Ag's innovative biological and naturally-inspired solutions in the global agricultural sector to assist farmers in producing more food by protecting their crops and the global food chain.

Latent Labs: $50 Million Raised For Making Biology Programmable

By Amit Chowdhry ● Today at 7:15 AM

Latent Labs, a company building AI foundation models to make biology programmable, announced it emerged from stealth with $50 million in total funding to accelerate its progress and partnerships. This funding includes a $40 million Series A co-led by Radical Ventures and Sofinnova Partners, with the participation of Flying Fish and Isomer and existing investors 8VC, Kindred Capital, and Pillar VC. Notable angel investors who participated include Google Chief Scientist Jeff Dean, Transformer architecture inventor and Cohere founder Aidan Gomez, and ElevenLabs founder Mati Staniszewski.

Revving: £107 Million Raised For Transforming Access To Working Capital Funding

By Amit Chowdhry ● Today at 7:14 AM

Revving, a company that is transforming the digital media payment landscape with a completely new take on traditional invoice factoring set to transform UK competitiveness in the global adtech market, announced a landmark investment of £107 million led by one of the world’s largest asset managers DWS.

Eudia: $105 Million (Series A) Raised To Enhance Legal Work With Augmented Intelligence

By Amit Chowdhry ● Yesterday at 9:55 PM

Eudia, an Augmented Intelligence platform for Fortune 500 legal teams, announced the closing of its Series A funding round for up to $105 million, led by General Catalyst with participation from Floodgate, Sierra Ventures, Hakluyt Capital, Defy, Everywhere Ventures, B3 Capital, Backbone, Firsthand, and renowned angel investors Gokul Rajaram, Chris Re, Andrew Sieja, Mike Gamson, and Scott Belsky.

Hamilton Lane: Over $615 Million Closed For Venture Access Fund

By Amit Chowdhry ● Yesterday at 9:55 PM

Leading global private markets investment management firm Hamilton Lane announced the final closing of its Venture Access Fund, which exceeded its target fund size, raising $615.3 million in commitments.

Enhanced Games: 1789 Capital Co-Leads Series B Funding Round

By Amit Chowdhry ● Yesterday at 7:25 PM

Omeed Malik, Chris Buskirk, and Donald Trump Jr.'s 1789 Capital announced it co-led a multi-million-dollar Series B round for the Enhanced Games, along with significant contributions from Karatage, Christian Angermayer's Apeiron Investment Group, and other blue chip investors. This new funding round will drive the Enhanced Games towards hosting its upcoming inaugural record-breaking event.

Newronika: €13.6 Million (Series B) Closed For Advanced Deep Brain Stimulation Platform

By Amit Chowdhry ● Yesterday at 7:17 PM

Newronika, a leader in advanced deep brain stimulation, announced the closing of its €13.6 million Series B funding round. This funding was led by new investor Fondazione ENEA Tech e Biomedical, with additional participation from existing investors Indaco Venture Partners SGR, Innogest SGR, Wille Finance, TNBT Capital, and F3F.

EnCharge AI: $100 Million (Series B) Raised For Developing Analog In-Memory-Computing AI Chips

By Amit Chowdhry ● Yesterday at 2:25 PM

EnCharge AI, a company developing first-of-its-kind analog in-memory-computing AI chips, announced it has raised over $100 million in Series B funding. Tiger Global led this round and the new financial investors included Maverick Silicon, Capital TEN, SIP Global Partners, Zero Infinity Partners, CTBC VC, Vanderbilt University, Morgan Creek Digital, and others. Previous investors participating in the Series B round include RTX Ventures, Anzu Partners, Scout Ventures, AlleyCorp, ACVC, and S5V.

Cambridge Savings Bank: $20 Million Line Of Credit Offered To Arctaris Impact Investors

By Amit Chowdhry ● Yesterday at 2:23 PM

Cambridge Savings Bank (CSB), a full-service mutual bank with $7 billion in assets, announced that its Asset-Based Lending (ABL) team has provided a $20 million revolving line of credit to Arctaris Impact Investors. Based in Wellesley, Massachusetts, Arctaris will utilize the financing to expand its support for profitable, high-growth businesses in underserved communities across the U.S.

Helicore Biopharma: $65 Million (Series A) Raised For Glucose-Dependent Insulinotropic Peptide Platform

By Amit Chowdhry ● Yesterday at 2:20 PM

Helicore Biopharma, a biopharmaceutical company focused on discovering and developing first-in-class glucose-dependent insulinotropic peptide (GIP) antagonists for obesity and related conditions, announced its emergence from stealth mode with $65 million in Series A financing. This funding round was co-led by founding investor Versant Ventures and by OrbiMed, with participation from Longitude Capital and Wellington Management.

Colesco Capital: Over €800 Million Raised And Adam Willmott Named As Co-Head of Origination

By Amit Chowdhry ● Yesterday at 1:55 PM

Colesco, a sustainability-led direct lender with a mission to unite capital and purpose, announced it raised more than €800 million in its first platform close, welcoming APG and Rabobank as cornerstone investors. The firm also announced it has appointed Adam Willmott as Co-Head of Origination in its London office.