Venture Capital

Switch: Enterprise Data Center Provider Raises $5 Billion In Debt Financing

By Amit Chowdhry ● Today at 7:28 PM

Switch, a provider of AI, cloud and enterprise data centers, announced that it has closed on its $4.25 billion sustainability-linked Borrowing Base Facility (BBF) and upsized its Revolving Credit Facility (RCF) to $770 million.

Huma: Payment Financing Company Raises $38 Million

By Amit Chowdhry ● Today at 2:21 PM

Payment Financing (PayFi) network company Huma announced that it has raised $38 million in funding. Distributed Global led the equity round, with significant participation from Hashkey Capital, Folius Ventures, the Stellar Development Foundation, and TIBAS Ventures, CVC arm of İşbank, the largest private bank in Turkiye. Part of this rise came as investments into high-yield real-world assets (RWA) assets on the platform.

Quantum Source: $50 Million (Series A) To Develop Practical Photonic Quantum Computers

By Amit Chowdhry ● Today at 2:13 PM

Quantum Source, an Israel-based company developing technology for powerful, cost-effective, and practical photonic quantum computers, announced it has raised a $50 million Series A investment round led by Eclipse. Standard Investments, Level VC, Canon Equity, and existing investors Pitango First, Grove Ventures, 10D, and Dell Technologies Capital participated in the round.

Glean: Enterprise AI Company Raises $260 Million (Series E) At $4.6 Billion Valuation

By Amit Chowdhry ● Today at 2:03 PM

Pieces Technologies: $25 Million Raised To Support Inpatient Care Teams Using GenAI Solutions

By Amit Chowdhry ● Today at 1:41 PM

Discure Technologies: Bioelectronic Implantable Device Company Secures $16 Million (Series A)

By Amit Chowdhry ● Today at 1:28 PM

Discure Technologies, the developer of the Discure System, a bioelectronic implantable device for the treatment of degenerative disc disease (DDD), announced that it has secured $11 million in an oversubscribed Series A funding round following a $5 million SAFE (Simple Agreement for Future Equity) raise, bringing the total equity financing raised to $16 million.

P0 Security: IGA and PAM Platform Company Raises $15 Million (Series A)

By Amit Chowdhry ● Today at 1:24 PM

P0 Security, the provider of the first unified IGA and PAM platform for the cloud designed to secure all enterprise cloud identities, announced the closing of its $15 million Series A round, bringing the total raised since founded to $20 million. This funding was led by SYN Ventures with participation from Zscaler and existing investor Lightspeed Venture Partners. The company also announced the appointment of SYN Ventures Operating Partner, Ryan Permeh, to the Board of Directors.

CorFlow Therapeutics: €44 Million (Series B) Raised For Advancing Drug Delivery Platform Related To Microvascular Obstruction In Heart Attack Patients

By Amit Chowdhry ● Today at 1:18 PM

CorFlow Therapeutics AG announced that it has raised €44 million in Series B funding, co-led by Broadview Ventures and Panakes Partners with strong continued support from 415 Capital (CorFlow's initial VC investor and largest shareholder). Merieux Equity Partners, Laerdal Million Lives Fund, Wellington Partners, M&L Investments, Unorthodox Ventures, KOFA Healthcare, and Monte Carlo Capital participated in the multinational syndicate.

Daisy: Home Technology Installation Company Raises $7 Million (Series B)

By Amit Chowdhry ● Today at 12:59 PM

National home technology installation and services company Daisy announced a $7 million Series B funding round, bringing the total investment to date to over $20 million in its first year. This funding round was led by Goldcrest and Bungalow, who also led the company’s Series A and seed rounds. The additional Series A investors joining this round include consumer-oriented investors Bullish and Burst Capital.

Circle Pharma: $90 Million (Series D) Raised For Improving Oral Macrocycle Therapies

By Amit Chowdhry ● Today at 12:47 PM

Circle Pharma, a clinical-stage biopharmaceutical company focused on discovering and developing cell-permeable macrocycles as a new class of therapies, announced the successful closing of a $90 million Series D financing round - which includes the conversion of a convertible note. The Column Group led this funding with participation from new and existing investors, including Nextech Invest and Euclidean Capital.

Melodi Health: Medical Device Company Secures $10.75 Million (Series A)

By Amit Chowdhry ● Today at 12:40 PM

Medical device company Melodi Health announced two milestones: the closing of a $10.75 million oversubscribed Series A funding and the launch of the "ARIA" investigational device exemption (IDE) trial aimed at improving clinical outcomes for women undergoing breast reconstruction after mastectomy. The Series A investors include HM Venture Partners, Engage Venture Partners, Southeast Minnesota Capital Fund, and Three Bridges Private Capital.

Wingspire Equipment Finance: $2 Billion In Funding Volume Surpassed

By Amit Chowdhry ● Today at 12:36 PM

Wingspire Equipment Finance announced a significant company milestone, surpassing $2 billion in funded transactions. This milestone validates the company's rapid growth and dedication to providing exceptional financial solutions for its clients.

Kredete: $2.25 Million (Seed) Raised To Help African Immigrants Build Credit And Send Money Home

By Amit Chowdhry ● Today at 12:33 PM

Kredete, a financial software platform focused on helping African immigrants build credit and send money back home, announced it has raised $2.25 million in seed funding. This funding round was led by Blockchain Founders Fund, with participation from notable investors, including Techstars, Tezos Foundation, Polymorphic Capital, Launch Africa, Neer Venture Partners, and DNA Fund. The round also included contributions from angel investors.

University Of Vermont And BioLabs Launching Startup Incubator

By Amit Chowdhry ● Today at 12:19 PM

The University of Vermont (UVM), which is Vermont’s flagship land-grant university, announced a partnership with Cambridge, Massachusetts–based BioInnovation Labs (BioLabs), an internationally known innovation lab platform with a network of shared lab and office workspaces, to launch a dedicated incubator at UVM’s Colchester facility. The timing of this announcement coincides with the Dean’s Celebration of Excellence in Research happening in late September.

LiveOak Fiber Raises Funding To Expand High-Speed Broadband Access

By Amit Chowdhry ● Today at 12:15 PM

LiveOak Fiber - a regional broadband service provider founded in 2022 - announced it has secured additional funding through a co-investment partnership between InfraRed Capital Partners and MEAG, the Asset Manager of Munich Reinsurance Company (Munich Re) and its wholly owned direct and indirect subsidiaries. This co-investment commitment was granted to LiveOak for clients managed by MEAG. This new funding will further support LiveOak's mission to deliver high-speed broadband to underserved markets in the southeast US.

Versana: $26 Million Raised With Barclays Added As An Investor

By Amit Chowdhry ● Today at 12:10 PM

Versana announced the closing of a $26 million capital raise with the addition of Barclays as an investor in its centralized and real-time digital data platform. The company’s existing investors Bank of America, Citi, Deutsche Bank, J.P. Morgan, Morgan Stanley and Wells Fargo also participated in this round. Plus, Barclays joins as a subscriber and provider of its agented corporate loan data, becoming the tenth bank to commit to Versana's next-generation platform.

Qualifyze: Life Sciences Supplier Risk Management Company Raises $54 Million (Series B)

By Amit Chowdhry ● Today at 12:08 PM

Qualifyze, a supplier risk management company in the Life Sciences industry, announced $54 million in Series B funding from Insight Partners. Existing investors HV Capital, HarbourVest Partners, H14, and Cherry Ventures also participated.

Track3D: Construction Reality Intelligence Company Raises $4.3 Million (Seed)

By Amit Chowdhry ● Today at 12:06 PM

AI-based reality construction intelligence company Track3D announced it has raised $4.3 million in seed funding. This funding round will drive the adoption of Track3D's unified reality capture data platform, designed for intelligent, comprehensive, AI-powered construction progress monitoring. This seed funding round was led by Endiya Partners, with participation from Shadow Ventures, Monta Vista Capital and others. The funding will be used to expand Track3D's product offerings and bolster its go-to-market efforts.

Strider Technologies: Strategic Intelligence Provider Secures $55 Million (Series C)

By Amit Chowdhry ● Today at 12:05 PM

Strider Technologies, a leading provider of strategic intelligence, announced that it has closed $55 million in Series C funding. Pelion Venture Partners led the round, which also includes participation from AXA Venture Partners (AVP) and existing investors Valor Equity Partners, DataTribe, and Cyfr Capital. Blake Modersitzki, a partner at Pelion, will join Strider's Board of Directors.

Segmed: Medical Imaging Data Company Raises $10.4 Million (Series A)

By Amit Chowdhry ● Today at 11:17 AM

Segmed - a leader in providing real-world imaging data for health innovation - announced it has raised a $10.4 million Series A funding round. This oversubscribed round was led by iGan Partners and Advocate Health, with participation from Castellan Group, Engine Health Capital, Bold Brain Ventures, Fox Chase Cancer Center, and existing investors including Y Combinator, Nina Capital, Nova Capital, Blumberg Capital, and Expeditions Fund. The current Series A funding round follows a financing by Flashpoint Growth Debt Fund received in 2023.

Sports Talent Management Company GSE Worldwide Raises Strategic Investment

By Amit Chowdhry ● Today at 11:16 AM

GSE Worldwide, a leader in athlete talent management and sports marketing partnerships, announced that BC Partners Credit (the $8 billion credit arm of BC Partners), a leading alternative investment firm has made a strategic investment into the company, joining Gatemore Capital Management as investors, and providing committed financing to support GSE's growth plans.

Monda: Data Monetization Platform Company Raises $5 Million (Seed)

By Amit Chowdhry ● Today at 11:15 AM

Monda, an all-in-one data monetization platform, announced it has raised $5 million in seed funding. The funding round was led by Senovo and Acrobator Ventures, with participation from Techstars. This funding will be used to expand operations in the US, grow its partner ecosystem, and enhance its platform to make data monetization easier for companies of all sizes.

Champion: Customer Advocacy Company Raises $3.3 Million

By Amit Chowdhry ● Today at 11:13 AM

Champion, an AI-based customer advocacy platform, announced the closing of an oversubscribed $3.3 million seed round led by Flyover Capital, with continued investment from High Alpha and participation from Bread & Butter Ventures and Stage 2 Capital. This funding will accelerate Champion's mission to drive efficient growth for businesses by identifying and activating their hidden customer advocates.

Rep AI: $8.2 Million Raised To Help E-Commerce Merchants Deliver Personalized Sales Assistance At Scale

By Amit Chowdhry ● Yesterday at 1:25 AM

Rep AI Technologies, the creator of an AI Concierge, announced it has raised $8.2 million in funding. This funding round was led by Osage Venture Partners (OVP), which was joined by Flashpoint Venture Capital and Oryzn Capital.

Elum Energy Raises $13 Million (Series B) To Address Global Renewable Market

By Amit Chowdhry ● Yesterday at 1:21 AM

Elum Energy - a provider of advanced energy management solutions for renewable energy systems - announced it secured $13 million in Series B funding led by Energize Capital, with participation from existing investors Alter Equity and Cota Capital. This funding will support the company's ambitious growth plans to address the booming global renewable market, such as a U.S. launch and product evolution within the energy storage and EV integration categories.