Venture Capital

Monkey Tilt: Entertainment And Online Gaming Company Secures $30 Million (Series A)

By Amit Chowdhry ● Nov 21, 2024

Monkey Tilt, a platform pioneering a new era of entertainment and online gaming experiences, announced $30 million in Series A funding. Launched in March 2024, Monkey Tilt is creating the next frontier of gaming and bringing together the most trusted executives and voices across the industry to deliver a modern gaming experience.

Generate Capital: $1.2 Billion In Corporate Credit Facilities Secured

By Amit Chowdhry ● Nov 20, 2024

Generate Capital - a leading sustainable infrastructure investment firm - announced a $1.2 billion revolving credit facility and term loan to support its goal of becoming the capital partner for the infrastructure transition. This deal demonstrates strong support from financial markets for Generate’s leading model of building, owning, operating, and investing in the assets and companies delivering the increased demand for sustainable infrastructure solutions.

Patlytics: AI-Based Patent Workflow Platform Reveals Significant Company Growth

By Amit Chowdhry ● Nov 20, 2024

Patlytics, an AI-based patent workflow platform, announced significant company growth, such as commercial traction from AM100 firms and global enterprise customers, new product upgrades, and additional funding led by Myriad Venture Partners.

Tokamak Energy: $125 Million Raised To Commercialize Fusion Energy

By Amit Chowdhry ● Nov 20, 2024

Tokamak Energy announced it has raised $125 million to accelerate plans to commercialize fusion energy and grow its transformative high temperature superconducting (HTS) technology solution, TE Magnetics.

INITIATE Ventures: $45 Million Closed For Funding Health Tech And Life Sciences Companies

By Amit Chowdhry ● Nov 20, 2024

INITIATE Ventures announced the closing of $45 million in its debut venture capital fund and affiliated company creation platform. And INITIATE invests in and co-founds transformative companies at the intersection of healthcare, life sciences, and technology. The fund was designed to enable bold ideas and exceptional entrepreneurs, utilizing the expertise of its experienced investor-operator team.

Twine: Cybersecurity Company Raises $12 Million (Seed)

By Amit Chowdhry ● Nov 20, 2024

Twine - a US and Israel-based cybersecurity company, announced $12 million in seed funding co-led by Ten Eleven Ventures and Dell Technologies Capital, with participation from angel investors including the founders of Wiz.

Citizen Health: $14.5 Million (Seed) Raised For Transforming Health Experiences

By Amit Chowdhry ● Nov 20, 2024

Citizen Health, an AI-based consumer health platform designed to support 400+ million individuals managing rare and complex conditions, announced the closing of a $14.5 million seed round. This funding round was led by Transformation Capital, with participation from Wavemaker 360 and prominent angel investors. This fundraising is further strengthened by a strategic program investment and partnership with the Chan Zuckerberg Initiative (CZI).

Distyl: AI-Based Automation Company Raises $20 Million (Series A)

By Amit Chowdhry ● Nov 20, 2024

Distyl announced it has raised $20 million in Series A funding to drive its growth and to meet the accelerating demand from its Fortune 100 customers. This funding round adds Lightspeed Venture Partners, who led the round, and Khosla Ventures. And existing investors Coatue, Dell Technologies Capital, and Nat Friedman also joined, along with strategic and angel investors.

Osyte: $4 Million (Seed) Secured For Driving AI-Based Investment Automation

By Amit Chowdhry ● Nov 20, 2024

Osyte (pronounced O-Sight), the developer of an AI-based multi-asset portfolio management technology, announced the closing of its $4 million seed round. This additional funding will enable Osyte to expand its go-to-market capabilities, accelerate its AI product roadmap, and scale its client management team to meet growing demand.

Kintsugi AI: Tax Automation Platform Company Raises Series A Funding

By Amit Chowdhry ● Nov 20, 2024

Kintsugi AI, a tax automation platform, announced that it has extended its Series A with an additional investment from Airwallex, bringing the total funding to $10 million. The company’s previous investors include GSRVentures, WestWave Capital, Link Ventures, Venture Highway, KyberKnight, Plug and Play, and DeVC.

Soaak Technologies: Grant Received From The Oklahoma Center For The Advancement Of Science And Technology

By Amit Chowdhry ● Nov 20, 2024

Soaak Technologies - an industry leader in AI-driven sound frequency therapies and biodigital wellness solutions - announced it has been awarded a $497,500 grant from the Oklahoma Center for the Advancement of Science and Technology (OCAST) under its Industry Innovation Program. This non-dilutive funding supports Soaak's continued goal of providing biodigital solutions while fueling job creation and economic growth in Oklahoma.

Lightyear: Enterprise Telecom Management Company Raises $31 Million (Series B)

By Amit Chowdhry ● Nov 20, 2024

Lightyear, a leading provider of enterprise telecom management software, announced the completion of a $31 million Series B funding round led by Altos Ventures, with participation from existing investors Ridge Ventures, Amplo, Zigg Capital, and Susa Ventures.

Kalder: $10.5 Million Raised To Transform Customer Loyalty By Helping Brands Earn Revenue From Rewards

By Amit Chowdhry ● Nov 20, 2024

Kalder announced it raised $10.5 million in funding, which includes its most recent $7 million seed round led by Javelin Venture Partners with participation from 8VC, Human Capital, Gingerbread Capital, Emergence Capital, and Formus Capital and prominent angel investors. Previously, Kalder raised $3.5 million in seed funding led by 500 Startups. Additional investors include Harry Maguire of Manchester United, Shuo Wang (Co-founder of Deel), Julius Genachowski, Board Chairman of Sonos, former FCC Chairman and board director of Mattel and Mastercard.

Class8: $22 Million (Series A) Raised To Help Carriers And Drivers With AI Solutions

By Amit Chowdhry ● Nov 20, 2024

Class8 (a company that was previously recognized as FleetOps) announced it has secured $22 million in Series A funding, led by Xplorer Capital with new investor Commerce Ventures and returning partners Inspired Capital and Resolute Ventures.

Cyera: Data Security Company Raises $300 Million (Series D) At $3 Billion Valuation

By Amit Chowdhry ● Nov 20, 2024

Data security leader Cyera announced a $300 million Series D round. This latest funding round was led by Accel and Sapphire Ventures, with additional participation from Sequoia, Redpoint, Coatue, and Georgian, bringing Cyera's valuation to $3 billion (a more than twofold increase in just six months). This funding round follows Cyera’s $300 million Series C round earlier this year and brings Cyera's total funding to $760 million.

Keychain: $15 Million In Funding And $500 Million In Monthly Manufacturing Projects Facilitated

By Amit Chowdhry ● Nov 20, 2024

Keychain - a manufacturing platform for the packaged goods industry - announced that it has raised $15 million in new funding. The funding round was led by BoxGroup, with support from major food companies General Mills and Schreiber, and existing investors including Lightspeed Venture Partners, and SV Angel.

Copernic Catalysts: Chemicals And E-Fuels Developer Raises $8 Million (Seed)

By Amit Chowdhry ● Nov 20, 2024

Copernic Catalysts - a developer of novel catalysts for sustainable chemicals and e-fuels - announced it has raised an oversubscribed $8 million Series Seed Prime round. Breakout Ventures led the round, with existing investors Future Ventures and Engine Ventures and new investors like Innospark Ventures, New Climate Ventures, and Impact Science Ventures.

Alentis Therapeutics: $181.4 Million (Series D) Raised For Advancing Clinical Development Of Anti-Claudin-1 ADCs

By Amit Chowdhry ● Nov 20, 2024

Alentis Therapeutics - a clinical-stage biotechnology company developing treatments for Claudin-1 positive (CLDN1+) tumors and organ fibrosis - announced that it has raised $181.4 million in Series D financing, supported by a syndicate of top-tier biotech investors. The funding will support Alentis to develop a deep pipeline of CLDN1 targeted medicines for solid tumors. This funding round was led by OrbiMed with co-leads Novo Holdings and Jeito Capital. New investors Frazier Life Sciences, Longitude Capital, Catalio Capital, Piper Heartland Healthcare Capital and Avego Bioscience Capital participated in the round. And significant backing was also received from existing investor RA Capital Management, along with support from Morningside Venture Investments, BB Pureos, Bpifrance through its InnoBio 2 fund, and other early institutional investors, all of whom have been instrumental to Alentis’ development path.

Refactor: Interview With Solo Capitalist Zal Bilimoria About The Early-Stage Investment Firm

By Amit Chowdhry ● Nov 19, 2024

Refactor is a venture capital firm focused on early-stage investments in companies in bio, climate, and hard tech innovation. Pulse 2.0 interviewed Refactor Solo Capitalist Zal Bilimoria to learn more about the company.

RIIG: $3 Million (Seed) Raised To Protect Organizations From Cyber Threats

By Amit Chowdhry ● Nov 19, 2024

RIIG, a risk intelligence and cybersecurity solutions provider, announced that it has closed a $3 million seed funding round. Led by the Felton Group—the family office of Charlottesville-based hedge fund manager Jaffray Woodriff—this funding round will accelerate the development and launch of RIIG's AI-powered solutions, expand client support, and grow its sales and marketing teams.

Vatn Systems: Defense Technology Company Raises $13 Million (Seed)

By Amit Chowdhry ● Nov 19, 2024

Vatn Systems - a leading defense technology company building autonomous underwater vehicles for the US military and allies - announced it has raised an oversubscribed $13 million seed round, bringing total funding to $16.5 million. The funding round was led by DYNE Ventures with participation from Lockheed Martin Ventures, RTX Ventures, In-Q-Tel (IQT), Propeller Ventures, SAIC Ventures, Cubit Capital, Fortitude Ventures, and existing investors that include Centre Street Partners, The Veteran Fund, Blue Collective, and Decisive Point.

Writer: Enterprise-Focused Generative AI Platform Raises $200 Million (Series C) At $1.9 Billion Valuation

By Amit Chowdhry ● Nov 19, 2024

Writer, a full-stack generative AI platform for the enterprise, announced $200 million in Series C venture funding at a $1.9 billion valuation. The funding round was co-led by Premji Invest, Radical Ventures, and existing investor ICONIQ Growth, with participation from investors including Salesforce Ventures, Adobe Ventures, B Capital, Citi Ventures, IBM Ventures, and Workday Ventures. Existing investors Accenture, Balderton, Insight Partners, and Vanguard supported the funding round.

Shiru: Ingredient Discovery Company Raises $16 Million

By Amit Chowdhry ● Nov 19, 2024

Shiru - a pioneer in AI-based ingredient discovery - announced it has secured a $16 million investment round as it leads a revolution in how ingredients are discovered and developed across multiple industries.

ScaleOps: Cloud Resource Management Company Secures $58 Million (Series B)

By Amit Chowdhry ● Nov 19, 2024

ScaleOps, a leader in real-time automated cloud resource management, announced $58 million in Series B funding led by Lightspeed Venture Partners. Returning investors NFX and Glilot Capital Partners and new investor Picture Capital participated in the round, which comes just one year after its series A and follows tremendous business growth for the company. The round brings the company's total funding to $80 million.

Fort Health: $5.5 Million Raised For Expanding Mental Health Care Services

By Amit Chowdhry ● Nov 19, 2024

Fort Health, a leader in integrated behavioral health, announced that it has raised $5.5 million to expand mental health care to more pediatricians' offices. Twelve Below and Vanterra led this funding round, bringing the total amount raised to $16 million.

ANELLO Photonics: Optical Gyroscope Company Raises Series B

By Amit Chowdhry ● Nov 19, 2024

ANELLO Photonics, the creator of the Silicon Photonic Optical Gyroscope (SiPhOG), announced the closing of a Series B funding round, evidencing investor confidence in the company's approach to inertial navigation in GPS-denied environments. The funding was co-led by Lockheed Martin, Catapult Ventures, and One Madison Group. Additional investors included New Legacy, Build Collective, Trousdale Ventures, In-Q-Tel (IQT), K2 Access Fund, Purdue Strategic Ventures, Santuri Ventures, Handshake Ventures, Irongate Capital, and Mana Ventures.

CommBox: AI-Based Customer Experience Company Raises $15 Million (Growth)

By Amit Chowdhry ● Nov 18, 2024

CommBox, a leading enterprise-grade omnichannel AI-based customer experience platform, announced the completion of a $15 million growth investment round from PSG Equity - which is a leading growth equity firm that specializes in partnering with software and technology-enabled services companies to help navigate and capitalize on transformational growth.

X-Caliber: Direct Commercial Real Estate Lender Raises $26.3 Million

By Amit Chowdhry ● Nov 18, 2024

X-Caliber Holdings—a national direct commercial real estate lender focused on impact lending—announced it closed $26.3 million in financing with its first Rural PACE-X transaction for the ground-up construction of a new hotel in Silverthorne, Colorado. Upon completion, the 111-room hotel will be a Holiday Inn Express brand under IHG Hotel & Resorts and is being developed by sponsor REV Development.

ATB Therapeutics: Biologics Company Raises €54 Million (Series A)

By Amit Chowdhry ● Nov 18, 2024

EQT Life Sciences announced that its LSP 7 fund has invested in ATB Therapeutics. The €54 million Series A funding round aims to accelerate the clinical development of a therapeutic antibody pipeline derived from its proprietary ATBioFarm platform. The funding was co-led by EQT Life Sciences and MRL Ventures Fund (a corporate venture arm of Merck), along with contributions from V-Bio, VIVES Partners, the Belgian sovereign fund SFPIM, Wallonie Entreprendre, Sambrinvest, and existing investors.

Bain Capital: Global Special Situations Fund Closed At $9 Billion

By Amit Chowdhry ● Nov 18, 2024

Bain Capital announced it completed fundraising for its latest Global Special Situations Fund, bringing the total amount raised for its second vintage of funds to $9 billion. This capital base includes Global Special Situations Fund II, which received $5.7 billion in total commitments, including co-investments and separately managed accounts, and $3.3 billion from the firm’s previously closed Special Situations Asia and Europe regional funds. This fundraising sets up Bain Capital as one of the largest special situations investors in the world.