Venture Capital

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

By Amit Chowdhry ● Sep 12, 2024

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 ● Sep 12, 2024

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 ● Sep 12, 2024

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 ● Sep 12, 2024

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 ● Sep 12, 2024

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 ● Sep 12, 2024

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 ● Sep 12, 2024

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 ● Sep 12, 2024

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 ● Sep 12, 2024

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 ● Sep 12, 2024

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 ● Sep 12, 2024

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 ● Sep 12, 2024

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 ● Sep 12, 2024

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 ● Sep 12, 2024

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 ● Sep 12, 2024

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 ● Sep 12, 2024

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 ● Sep 11, 2024

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 ● Sep 11, 2024

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.

BEX Capital: BEX Fund V Raised At $765 Million In Only 4 Months

By Amit Chowdhry ● Sep 10, 2024

BEX Capital, an investment firm focused exclusively on secondaries in private equity fund-of-funds (FoF), secondaries funds and co-investment funds - announced the closing of BEX Fund V at $765 million. As the first fund raised since the management buyout of BEX Capital at the beginning of the year, this was the first and only close of BEX Fund V, reaching its target in just four months.

Agora Data: $100 Million In Additional Funding Capacity From Waterfall Asset Management

By Amit Chowdhry ● Sep 10, 2024

Agora Data - a fintech company focused on empowering car dealers with finance company-level strength while maintaining their existing processes - announced additional funding capacity from Waterfall Asset Management for up to $100 million. This new mezzanine line of credit advances Agora's ability to support and expand participation from both independent and franchise auto dealers.

Aifleet: Tech-Based Trucking Company Raises $16.6 Million (Series B)

By Amit Chowdhry ● Sep 10, 2024

aifleet, which is the industry's first full-stack and scalable carrier utilizing AI to humanize trucking, announced today it had raised a $16.6 million Series B funding round led by Tom Williams at Heron Rock, with participation from Volvo Group Venture Capital, Obvious Ventures, Ibex Investors, Compound, Winthrop Square, and Cooley. With this funding round, the company has raised nearly $50 million.

ITC Federal Raises Funding From Blue Delta

By Amit Chowdhry ● Sep 10, 2024

ITC Federal (ITC), an established provider of goal-focused IT solutions and enterprise services to U.S. federal agencies, announced a strategic venture capital investment from Blue Delta Capital Partners, a venture capital firm focused on the U.S. federal government services market.

Darkhive: Defense Tech Company Secures $21 Million (Series A)

By Amit Chowdhry ● Sep 10, 2024

Defense tech company Darkhive - a company that is focused on open architecture Uncrewed Aircraft Systems (UAS) integrated with a secure software delivery system - announced it closed a Series A investment round of $21 million led by Ten Eleven Ventures. The additional investors in this funding round included Crosslink Capital, RTX Ventures, and Stellar Ventures.

Habyt: Flexible Living Spaces Company Raises €40 Million

By Amit Chowdhry ● Sep 9, 2024

Habyt, a leading provider of flexible living spaces, announced today €40 million in funding led by Mars Growth Capital (a joint venture of MUFG and Liquidity Group). This new funding round will support Habyt's ambitious expansion strategy, primarily through targeted acquisitions to consolidate its leadership position across critical regions.

Scientia Vascular: Neurovascular Innovation Company Raises $14 Million

By Amit Chowdhry ● Sep 9, 2024

Neurovascular innovation company Scientia Vascular announced it raised $14 million in growth funding led by Piper Sandler Merchant Banking. This funding will enable Scientia to continue commercializing the next generation of neurovascular tools, providing new possibilities for treating a variety of neurovascular disease states for patient benefit.

Bambusa Therapeutics: $15 Million (Seed) Raised To Develop Bispecific Antibodies

By Amit Chowdhry ● Sep 9, 2024

Bambusa Therapeutics - a biotechnology company focused on developing bispecific antibodies for the treatment of immunological and inflammatory (I&I) disorders - announced the closing of its Series Seed financing round at $15 million.

Candid Therapeutics Launches With $370 Million In Funding

By Amit Chowdhry ● Sep 9, 2024

Candid Therapeutics, a biotechnology company focused on developing potentially transformative drugs to address autoimmune diseases, announced it has officially launched today. To drive development and position Candid to become the leader in TCE antibodies for autoimmune diseases, Candid also acquired Vignette Bio and TRC 2004 through a simultaneous three-way merger and multi-step financing. This acquisition integrates two cutting-edge bispecific TCEs. In connection with the merger, Candid has successfully raised over $370 million in capital from an extensive roster of investors, including a recently completed financing co-led by Venrock Healthcare Capital Partners, Fairmount, TCGX, and venBio Partners.

Forum Ventures: How This VC Firm Makes The B2B SaaS Journey Easier For Companies

By Amit Chowdhry ● Sep 9, 2024

Forum Ventures is the leading early-stage fund, accelerator, and venture studio for B2B SaaS startups. Founded in 2014 and based in New York and Toronto, we’re on a mission to make the B2B SaaS journey easier, more accessible, and successful for early-stage founders. Pulse 2.0 interviewed Forum Ventures CEO and Managing Partner Michael Cardamone to learn more about the firm.

Five Point Energy: Fund IV Closed At $1.4 Billion

By Amit Chowdhry ● Sep 9, 2024

finally: AI-Based Finance/HR Suite Raises $200 Million (Series B And Credit Facility)

By Amit Chowdhry ● Sep 9, 2024

finally, an AI-based all-in-one finance and HR suite, announced it has closed a $50 million Series B from PeakSpan Capital and $150 million credit facility from Encina. This new funding round follows the company’s $95 million Series A in 2022 and additional $10 million capital raised in February of this year, bringing total funds to date to $305 million.