Venture Capital

Surfin: Fintech Platform For Underserved Markets Raises $12.5 Million

By Amit Chowdhry ● Oct 14, 2024

Surfin, a financial technology platform dedicated to serving the underserved middle class, announced it has raised $12.5 million from Insignia Ventures Partners. This funding round comes as Surfin announces its service to 60 million individuals across eight countries on three continents, with about $2.7 billion in cumulative transactions.

Case Status: $19.7 Million (Series B) Raised For Transforming Legal Client Engagement

By Amit Chowdhry ● Oct 14, 2024

Case Status, a leading AI-based client engagement platform for law firms, announced the closing of its Series B funding round at $19.7 million led by Grayhawk Capital and Topmark Partners. This funding round also includes BIP Ventures, Front Porch Ventures, and more. Case Status was launched in 2018 by Attorney Lauren Gulley and tech entrepreneur Andy Seavers.

Princeton University Launches Office Of Innovation

By Amit Chowdhry ● Oct 14, 2024

Princeton University announced it has launched the Office of Innovation, a bold step to facilitate and elevate the University’s expanding innovation pursuits. This office will be a key resource for faculty, researchers, and entrepreneurs who want to be involved in building a collaborative ecosystem that will spur real progress on society’s most pressing challenges.

University Of Melbourne: Seven Startups To Raise $11.7 Million

By Amit Chowdhry ● Oct 14, 2024

Seven early-stage startups are expected to receive between them $11.7 million in investment, an outcome of the University of Melbourne’s strategy to drive research translation by supporting the growth of more early-stage ventures affiliated with the University and its medical research institute partners. And these investments come from the $15 million University of Melbourne Genesis Pre-Seed Fund in partnership with Breakthrough Victoria, and the $125 million Tin Alley Ventures fund, a joint venture with Tanarra Capital, both now in their second year of operation.

Chartbeat Raises Strategic Growth Funding From Bain Capital

By Amit Chowdhry ● Oct 13, 2024

Chartbeat, a leading media software platform and a portfolio company of Cuadrilla Capital announced that it has received a strategic growth investment from Bain Capital's Private Credit Group. And Bain Capital will join Cuadrilla as an institutional investor in Chartbeat.

Qantev: AI-Based Health And Life Insurance Platform Company Raises $33 Million

By Amit Chowdhry ● Oct 13, 2024

Qantev – which is one the most advanced AI-based platform transforming how health and life insurers manage claims, reduce costs and improve services – announced it has raised $33 million in a new funding round led by Blossom Capital, with participation from existing investors Elaia, Omnes and Raise Venture.

Booster Therapeutics: $15 Million Raised To Develop New Class Of Proteasome Activator Medicines

By Amit Chowdhry ● Oct 13, 2024

Booster Therapeutics, a biotechnology company pioneering a new class of proteasome activator medicines to treat neurodegenerative and other diseases, launched with the support of a $15 million funding led by noted life sciences investors Apollo Health Ventures and Novo Holdings. And Booster was founded by Dr. Diogo Feleciano, Prof. Dr. Darci Trader, and Apollo Health Ventures, emerging from Apollo's company creation investment strategy.

POLARIS Laboratories Raises Strategic Investment From Riverspan Partners

By Amit Chowdhry ● Oct 13, 2024

POLARIS Laboratories - an industry leader in fluid analysis testing and reliability services - announced it has received a strategic investment from Riverspan Partners, a Chicago-based private equity firm specializing in growth-oriented investments in the industrial sector. And Riverspan’s support will bring expertise for POLARIS to advance its position as the independent global leader in maintenance and reliability condition monitoring services.

Eleanor Health: $30 Million (Series D) Raised For Transforming Delivery Of Substance Disorder Care

By Amit Chowdhry ● Oct 13, 2024

Eleanor Health - an outpatient addiction treatment provider working to transform the quality, delivery and accessibility of substance use disorder care - announced it raised a $30 million Series D funding round led by General Catalyst, with participation from existing and new investors, including Town Hall Ventures, Echo Health Ventures, Northpond Ventures, Rethink Impact and Emerson Collective.

BrightNight: $440 Million Strategic Investment Raised From Goldman Sachs And Credit Facility Upsized To $400 Million

By Amit Chowdhry ● Oct 13, 2024

BrightNight, a next-generation renewable power producer focused on delivering clean and dispatchable power solutions, announced the successful closing of a $440 million strategic equity investment from Goldman Sachs Alternatives.