Venture Capital

Genesis Capital: Second Rated Residential Transitional Loan Securitization Closed At $450 Million

By Amit Chowdhry ● Sep 28, 2024

Genesis Capital (a Rithm Capital company), a leading business-purpose lender offering innovative financing solutions to professional real estate developers for new acquisition, renovation, ground-up construction, and long-term rental hold projects across the residential spectrum, today announced it has closed NRMLT 2024-RTL2, a $450 million rated securitization backed by residential transitional loans (RTLs).

Utility Global: Off-Gas-To-Value Company Raises $53 Million (Series C)

By Amit Chowdhry ● Sep 28, 2024

Utility Global, an off-gas-to-value company pioneering its proprietary eXERO gas production technology optimized for hard-to-abate industries, announced that it has raised $53 million of an ongoing Series C funding led by the OPG Pension Plan and joined by multinational steel company ArcelorMittal S.A. through its XCarb Innovation Fund, along with current investors Ara Partners and Aramco Ventures. This funding is part of Utility Global’s current growth equity funding round.

Welltory: $3 Million Credit Facility Closed To Invest In Expansion

By Amit Chowdhry ● Sep 28, 2024

Welltory, a leading all-in-one personalized health and wellness app, announced it has closed a $3 million credit line with Braavo Capital. This funding will enable Welltory to invest deeper into its strategic product and market growth to become the preventative and people-centric care category leader.

General Catalyst Launches Institute To Evolve How VCs Partner With Governments

By Amit Chowdhry ● Sep 28, 2024

General Catalyst announced it has launched General Catalyst Institute, an organization that aims to evolve how VC partners with governments worldwide.

1848 Ventures: Kal Amin Named As Managing Partner

By Amit Chowdhry ● Sep 28, 2024

1848 Ventures, a B2B SaaS venture studio backed by Westfield and focused on empowering SMBs through AI, announced that Kal Amin has joined as Managing Partner. With extensive experience in venture capital and startup operations, Amin will lead 1848 Ventures’ efforts to attract top entrepreneurial talent, accelerate new company launches, and expand the company’s investment approach to drive the growth of small and medium-sized businesses.

Mediwhale: AI-Based Health Diagnostics Company Raises $12 Million (Series A)

By Amit Chowdhry ● Sep 28, 2024

AI-based health diagnostics company Mediwhale announced it raised $12 million in Series A2 funding. This funding utilizes the momentum of their technological advancements and rapid adoption of its innovative biomarker for preventing cardiovascular disease in general hospitals and clinics.

Looma: In-Store Digital Media Company Raises $10 Million

By Amit Chowdhry ● Sep 28, 2024

Looma, a leading provider of in-store digital media, announced that it has raised approximately $10 million from a group of family offices, YETI Capital, and current investors. And Looma will use the funding to expand its platform in new and existing retail partners and extend its product offering.

With: $10 Million (Seed) Raised To Help Local Leaders Optimize Community Engagement

By Amit Chowdhry ● Sep 28, 2024

With, which is an end-to-end platform for all city offerings to its communities, announced it raised $10 million in a seed financing round to help local government leaders and their trusted partners make sure any dollar spent on community engagement does not go to waste. The participants in the funding round include Boaz Amiti, Tal Ventures, Iron Nation, Unicorn Technologies, Ariel Maislos, and Yuval Bar Gil, alongside leading gov-tech industry entrepreneurs Zac Bookman, co-founder and CEO at OpenGov and Eyal Feder, co-founder and CEO at Zencity.

Upfront: Real Estate Finance Platform Secures $2.5 Million

By Amit Chowdhry ● Sep 28, 2024

Real estate finance platform Upfront announced it has raised $1.5 million in equity and $1 million in debt funding to revolutionize broker-agent financing. This funding round, which was led by Diagram Ventures with participation from ROC Venture Group, enables Upfront to officially launch and provide exclusive financial solutions to help brokerages attract, retain, and empower top-performing agents.

Pie: Social App Company Raises $11.5 Million (Series A)

By Amit Chowdhry ● Sep 28, 2024

Pie is a social app that makes it easy for friends to connect in real life. The company recently announced it raised $11.5 million in Series A funding, led by Kirsten Green of Forerunner Ventures, with participation from Origin Ventures, Renegade Partners, Twitter co-founder Ev Williams, and others. With this funding round, the company has raised $24 million.

Imperial Startups Reveal Ideas At London Demo Day 2024

By Amit Chowdhry ● Sep 28, 2024

Five startups from Imperial’s innovation ecosystem showcased their ideas along with peers at London’s leading universities. Around 20 entrepreneurs from Imperial College London, the London School of Economics (LSE), King’s College London, and UCL collaborated at LSE’s campus to pitch their startups to investors at this year’s London Demo Day.

Mews: $100 Million In Financing Raised From Vista Credit Partners

By Amit Chowdhry ● Sep 28, 2024

Industry-leading hospitality cloud Mews announced $100 million in financing from Vista Credit Partners, the subsidiary of Vista Equity Partners and a strategic credit and financing partner focused on the enterprise software, data, and technology markets.

Gladly: Customer Service Innovation Leader Secures $40 Million

By Amit Chowdhry ● Sep 28, 2024

Gladly - a leader in customer service innovation - announced a unified Customer Service Platform, powered by advanced AI. Venture capital firm AVP led a $40 million funding round to drive the company’s growth.

3D Cloud: $20 Million Growth Capital Investment Raised

By Amit Chowdhry ● Sep 28, 2024

3D Cloud (formerly Marxent), the global leader in 3D digital asset management for 3D product visualization, announced a $20 million growth investment led by Arnie Bellini of Bellini Capital. And Bellini, a prominent Tampa Bay tech entrepreneur and board member at 3D Cloud has expanded his support as the company continues to dominate the next generation of online shopping experiences and replace legacy systems.