Venture Capital

Delos Insurance Solutions: Wildfire Science And Satellite Imagery Company Raises $9 Million (Series A)

By Amit Chowdhry ● Nov 2, 2024

Delos Insurance Solutions—a company that uses wildfire science and satellite imagery expertise to solve homeowners' wildfire insurance availability issues—announced it has raised $9 million in Series A funding. The funding round was led by HSBC Asset Management and included IA Capital Group, Blue Bear Capital, Generation Space, and several angel investors.

Shift Bioscience: $16 Million (Seed) Raised To Use GenAI For Reversing Aging Processes

By Amit Chowdhry ● Nov 2, 2024

Shift Bioscience—a biotech company using generative AI models to understand how activation of different genes can reverse the aging process—announced it raised $16 million in seed funding. This round was led by BGF, with existing investors F-Prime Capital, Kindred Capital, and Jonathan Milner participating.

Vision RNG: $207 Million In Project Financing Raised

By Amit Chowdhry ● Nov 2, 2024

Vision RNG (VRNG) - a leader in renewable natural gas (RNG) production - announced it has closed on an aggregate of $207 million in project financing with HASI, a leading investor in climate solutions. This funding will be essential in accelerating Vision RNG’s growth strategy, which will advance sustainable energy solutions and reduce carbon emissions.

Tako: AI-Based Search Company Raises $5.75 Million Seed

By Amit Chowdhry ● Nov 2, 2024

Tako, an AI-based search engine for visualizing and sharing the world's knowledge, announced it raised $5.75 million in a seed funding round led by Kevin Hartz at A* and Ramtin Naimi at Abstract Ventures with participation from Stanley Druckenmiller / Kevin Warsh, Gokul Rajaram, Naval Ravikant, Stan Chudnovsky, Guillermo Rauch (Vercel), Scott Belsky (Adobe), GC Lionetti (OpenAI), George Sivulka (Hebbia), Aravind Srinivas (Perplexity), Johnny Ho (Perplexity), Kanjun Qiu (Outset Ventures), Joe Montana (Liquid2 Ventures), Chase Coleman, Diogo Monica (Haun Ventures), Nathan McCauley (Anchorage Digital), Paul Yacoubian (Copy.ai) and others.

Cymbiotika: Wellness Brand Raises $30 Million In Debt Financing

By Amit Chowdhry ● Nov 2, 2024

Cymbiotika, a leading wellness and supplement brand committed to transforming health through innovative, science-backed formulations, has completed a $30 million debt financing round. The funding was led by RevTek Capital.

Victor Capital Partners: Fund II Closed At $310 Million In Commitments

By Amit Chowdhry ● Nov 2, 2024

Victor Capital Partners - a leading middle market private equity firm that partners with branded businesses in the specialty consumer, industrial technology, and business services sectors - announced the successful closing of its oversubscribed Victor Capital Partners Fund II, L.P. (“Fund II”). With capital commitments of $310 million, Fund II exceeded its fundraising targets based on strong support from existing and new investors, including a diverse group of institutional limited partners.

LINGO: Education Tech Company Raises $2.25 Million (Seed)

By Amit Chowdhry ● Nov 1, 2024

Pinnacle Private Ventures (an influential family office-owned private investment firm led by Sean McCurry) announced it led an investment of $2.25 million in LINGO, a leading edtech company founded by former NASA rocket scientist, serial entrepreneur, and future Blue Origin astronaut Aisha Bowe that is transforming STEM learning through its innovative curriculum. This funding round highlights a decisive shift in the venture capital landscape—redefining how women and minority founders can access the resources needed to drive meaningful societal change.

OpenOrigins: $4.5 Million (Seed) Secured To Protect Authenticity Through Provenance-Focused Blockchain

By Amit Chowdhry ● Nov 1, 2024

OpenOrigins, a company founded to protect content authenticity through its provenance-focused blockchain, has expanded globally with a $4.5 million seed investment led by Galaxy Interactive with participation from Galaxy Ventures and existing investor Unbound (a global investment firm led by Shravin Bharti Mittal).

Backflip: Real Estate Fintech Company Raise $184 Million

By Amit Chowdhry ● Nov 1, 2024

Backflip, an all-in-one fintech platform for real estate entrepreneurs, announced that it has raised two private credit funds totaling $30 million of equity along with $154 million of asset-backed financing. This equates to $184 million in capital to fund residential transition loans (also known as RTL).

RRA Capital: Phoenix-Based Real Estate Bridge Lender Closes $27 Million Loan

By Amit Chowdhry ● Nov 1, 2024

RRA Capital, a Phoenix-based commercial real estate bridge lender and investment firm, announced closing a $27 million loan to acquire a four-property multifamily portfolio in North Carolina. This latest deal, executed in partnership with Emerald City Associates (ECA), marks a significant milestone in their collaboration, with the parties having now closed $62 million across seven loans in the past five months.

Zinnia: $300 Million Strategic Funding Raised From Vista Credit Partners

By Amit Chowdhry ● Nov 1, 2024

Zinnia, a leading life and annuity (L&A) insurance technology company, announced $300 million in financing from Vista Credit Partners, a subsidiary of Vista Equity Partners and a strategic credit and financing partner focused on the enterprise software, data, and technology markets. The new financing will accelerate Zinnia’s go-to-market strategy.

Herald: Commercial Insurance Digital Infrastructure Secures $12 Million (Series A)

By Amit Chowdhry ● Nov 1, 2024

Herald, a leading digital infrastructure provider for commercial insurance, announced a $12 million Series A funding round co-led by Lightspeed Venture Partners and Brewer Lane Ventures with participation from Afore Capital and Underscore Venture Capital.

DeNexus: Cyber Risk Management Company Raises $17.5 Million (Series A)

By Amit Chowdhry ● Nov 1, 2024

DeNexus - a leader in end-to-end cyber risk management for operational technology (OT) - announced it has raised $17.5 million in a Series A funding round, positioning DeNexus to accelerate its growth and expand its innovative product offerings and markets.