Venture Capital

Tolerance Bio: $17.2 Million (Seed) Raised To Increase Healthspan By Manipulating Thymus Functions

By Amit Chowdhry ● Oct 29, 2024

Tolerance Bio, a biopharmaceutical company pioneering a novel approach to increasing healthspan by preserving, restoring, and manipulating the function of the thymus, the master regulator of immune tolerance, announced the closing of its oversubscribed $17.2 million seed funding round, led by Columbus Venture Partners, with participation from Criteria Bio Ventures, Sessa Capital, BioAdvance, Ben Franklin Technology Partners and individual biotechnology investors.

Agrolend: $53 Million Raised For Transforming The Agribusiness Market For SMB Farmers In Brazil

By Amit Chowdhry ● Oct 29, 2024

Agrolend - a financial institution created to transform the agribusiness market for small and medium-sized farmers in Brazil by providing fast and easy credit - announced it raised $53 million in funding. Of that amount, Creation Investments (a leading global impact investor in emerging markets) made a $20 million investment in Agrolend that will help the company expand its credit offerings to industries, retailers, and farming co-operatives.

Filigran: Cybertech Ecosystem Company Secures $35 Million (Series B)

By Amit Chowdhry ● Oct 29, 2024

Filigran, a European cyber tech company, announced the completion of its $35 million (Series B) round of funding, led by global software investor Insight Partners and with continued support from existing investors Accel and Moonfire.

Birdseye Security Solutions: Equity Investment Raised From GreyLion Partners

By Amit Chowdhry ● Oct 29, 2024

Birdseye Security Solutions, a pioneer in the tech-enabled logistics security and supervision industry, announced a new equity investment from GreyLion Partners LP, a leading private equity firm that specializes in investing in high-growth businesses.

Armis: Cyber Exposure Management Company Raises $200 Million At $4.2 Billion Valuation

By Amit Chowdhry ● Oct 28, 2024

Armis, a cyber exposure management and security company, announced that it had closed a $200 million Series D round of investment, increasing its total company valuation to a new high of $4.2 billion.

RIFT: €11 Million (Series A) Raised To Decarbonize Energy-Intensive Industries With Iron Fuel

By Amit Chowdhry ● Oct 28, 2024

RIFT (Renewable Iron Fuel Technology) announced it closed a €11 million Series A funding round €. Pension investor PGGM (on behalf of the Dutch healthcare pension fund, PFZW), Invest-NL, and Oost NL have joined as new investors. Existing shareholders Rubio Impact Ventures, the Energy Transition Fund Rotterdam, and Brabant Development Agency (BOM) are also joining the investment round.

Caldera + Lab: Men’s Skincare Company Closes $6 Million (Series A)

By Amit Chowdhry ● Oct 28, 2024

Caldera + Lab, a premium skincare brand focused on providing clean and sustainable products for men, announced it has raised $6 million for its Series A funding round from HIPstr (the early-stage investment arm of HighPost Capital, a leading private investment firm focused on visionary companies at the forefront of consumer behavior and product, service, sports, media, and technology sectors).

Island: Citi Ventures Participates In Enterprise Browser Company’s Series D

By Amit Chowdhry ● Oct 28, 2024

Enterprise browser company Island announced the participation of Citi Ventures, a venture capital arm of Citigroup, in its previously announced Series D funding round. Coatue Management and Sequoia Capital led this Series D funding round, valuing the company at $3 billion.

Adams Street Partners: Over $1.2 Billion Secured For Venture Innovation Fund IV Program

By Amit Chowdhry ● Oct 28, 2024

Adams Street Partners - a leading private markets investment firm with over $60 billion in assets under management - announced the closing of its oversubscribed Venture Innovation Fund IV Program, securing over $1.2 billion in capital commitments. VIF IV includes a diverse portfolio of venture fund investments, secondaries, and direct investments, which seeks to strategically target exposure to some of the world’s most innovative companies.

Kivu Bioscience: $92 Million (Series A) Raised To Develop Antibody-Drug Conjugates

By Amit Chowdhry ● Oct 28, 2024

Kivu Bioscience - a biotech company developing next-generation antibody-drug conjugates to deliver best-in-class therapeutics - announced the closing of a $92 million Series A financing round led by Novo Holdings, with participation from Gimv, Red Tree Venture Capital, HealthCap and existing investors BioGeneration Ventures, M Ventures, and Brabantse Ontwikkelings Maatschappij (BOM). This funding round will advance multiple oncology programs in the clinic.

Flexential Raises Strategic Investment From Morgan Stanley Infrastructure Partners

By Amit Chowdhry ● Oct 28, 2024

Flexential, a secure and flexible data center solutions provider, announced a strategic investment from Morgan Stanley Infrastructure Partners (MSIP). And MSIP is partnering with GI Partners to accelerate Flexential's growth and to support its mission to meet increasing demand for digital infrastructure.

Socket: Software Supply Chain Security Company Raises $40 Million (Series B)

By Amit Chowdhry ● Oct 28, 2024

Socket, a company protecting software from supply chain attacks, announced a $40 million funding round. The company is focused on monitoring open-source packages for malicious behaviors like backdoors, typo-squatting, and obfuscated code.

Validation Cloud: Web3 Data And AI Company Raises $10 Million

By Amit Chowdhry ● Oct 28, 2024

Validation Cloud, a leading Web3 data and AI company announced it had picked True Global Ventures as its lead investor, with a contribution of $10 million. And the company plans to use the funding to expand its AI product, bringing seamless access to Web3 data and enabling unparalleled user experiences to network ecosystems and applications.

Agomab: $89 Million (Series D) Raised For Supporting Broad Fibrosis-Focused Pipeline

By Amit Chowdhry ● Oct 27, 2024

Agomab Therapeutics announced a $89 million (€82.1 million) Series D funding round, with participation from new investors Sanofi and Invus, as well as existing investors.

LatticeFlow AI: $3 Million Raised From The Swiss Innovation Agency

By Amit Chowdhry ● Oct 27, 2024

LatticeFlow AI, a Swiss leader in trustworthy, safe, and compliant AI, announced that it has raised about $3 million in funding from the Swiss Innovation Agency (Innosuisse) to advance its AI Assessments platform.

OLOID: Access And Identity Management Company Raises $6 Million (Series A1)

By Amit Chowdhry ● Oct 27, 2024

OLOID, a leading provider of workplace technology for access and identity management, announced it has raised a $6 million Series A1 funding round led by Yaletown Partners, Exposition Ventures, George Kaiser Family Foundation, Carya Ventures, and existing investors also participated in the round.

Altriarch: $70 Million In Commitments Raised From State of Wisconsin Investment Board

By Amit Chowdhry ● Oct 27, 2024

Private credit firm Altriarch Asset Management announced a $70 million commitment from the State of Wisconsin Investment Board (SWIB). This investment allocates $20 million for Altriarch's Specialty Finance Strategy, launched in August 2023. The strategy seeks to deploy capital through a network of secured finance operators across the US.

Concentric AI: Data Security Posture Management Company Secures $45 Million (Series B)

By Amit Chowdhry ● Oct 27, 2024

Concentric AI - a leading vendor of intelligent AI-based solutions for autonomous data security posture management (DSPM) - announced it has raised $45 million in a Series B round, bringing the company’s total funding to over $67 million. This funding round was led by Top Tier Capital Partners and HarbourVest Partners. CyberFuture, a global CISO investment alliance, also participated in the funding after a thorough evaluation of numerous DSPM vendors. Existing investors Ballistic Ventures, Engineering Capital, Clear Ventures, and Citi Ventures also participated in this round.

Mave: Real Estate AI Assistant Company Secures C$2 Million (Pre-Seed)

By Amit Chowdhry ● Oct 27, 2024

Mave, an AI assistant for real estate, announced it raised C$2 million in pre-seed funding and launched its beta program for agents and brokers. This funding round, which was raised and closed in just a few weeks, was led by Relay Ventures and N49P, with participation from Alate Partners, Clarim Ventures, and Gambit Partners, along with several angel and strategic investors, including a past president of the Toronto Real Estate Board.

Nautic Partners: $4.5 Billion Raised For Eleventh Fund

By Amit Chowdhry ● Oct 27, 2024

Nautic Partners, a leading middle-market private equity firm that pursues a thematic and proactive investment strategy within the Healthcare, Industrials, and Services sectors, announced it has completed the final closing of Nautic Partners XI. And Fund XI was oversubscribed at its hard cap of $4.5 billion of limited partner commitments, surpassing its target of $3.75 billion.