Venture Capital

Octane: $50 Million Series E Raised To Transform Buying Processes For Major Recreational Purchases

By Amit Chowdhry ● Aug 6, 2024

Octane, a fintech company transforming the buying experience for major recreational purchases, announced that it has closed its Series E funding round with $50 million in new equity capital. And Octane has raised $242 million in total equity funding so far.

FleetPulse Raises Additional Funding From NFI Ventures and Ironspring Ventures

By Amit Chowdhry ● Aug 6, 2024

FleetPulse, a leading innovator in trailer telematics, announced additional funding from NFI Ventures, a venture capital group run by NFI (a prominent 3PL) and Ironspring Ventures (a VC firm with deep transportation and logistics experience). This new funding aims to enhance FleetPulse's development of customer-focused innovations and expedite product commercialization.

SafeGuard Privacy: SaaS-Based Compliance Company Raises $3.6 Million

By Amit Chowdhry ● Aug 5, 2024

SafeGuard Privacy, a SaaS-based compliance platform that enables publishers, agencies, brands, data providers, and tech platforms to assess, audit, and comply with global privacy laws, announced it has closed a $3.6 million funding round. And the company's new funding round was led by TechOperators, Dynamism Capital, Sidekick Partners, and two other existing investors.

Ema: Gen AI Company Increases Series A To $50 Million

By Amit Chowdhry ● Aug 5, 2024

Ema, a generative AI (GenAI) company creating the universal employee of the future, announced its Series A total of $50 million after adding $36 million in funding led by Accel and Section 32. This funding round also includes participation from Prosus Ventures, Sozo Ventures, Hitachi Ventures, Wipro Ventures, SCB 10X, Colle Capital, and Frontier Ventures. The company has raised $61 million so far, and since it emerged from stealth in March, Ema has more than tripled its customer base.

Gloo: $110 Million Raised To Connect Ministry Leaders To Resources

By Amit Chowdhry ● Aug 5, 2024

Gloo, a leading technology platform dedicated to connecting the faith ecosystem, announced the completion of a $110 million financing. This new financing will accelerate the Gloo platform's development—including free and premium ministry tools and marketplace offerings—while also funneling new capital toward ministry-based technology, products, and services.

Applied Carbon: $21.5 Million Closed To Deploy Biochar Technology, Increasing Soil Health And Sequestering Carbon

By Amit Chowdhry ● Aug 5, 2024

Applied Carbon (previously known as Climate Robotics), a company designing automated biochar production machines that convert in-field agricultural crop waste into biochar, announced it has raised a $21.5 million Series A. This funding round was led by TO VC, with participation from Congruent Ventures, Grantham Foundation, Microsoft Climate Innovation Fund, S2G Ventures, Overture.vc, Wireframe Ventures, Autodesk Foundation, Anglo American, Susquehanna Foundation, US Endowment for Forestry and Communities, TELUS Pollinator Fund for Good, and Elemental Excelerator.

Faye: Travel Platform Company Secures $31 Million In Series B

By Amit Chowdhry ● Aug 5, 2024

Travel company Faye announced it has raised $31 million in Series B funding, bringing the company's total funding to $49 million. Portage led the round, which included participation from Lumir Ventures and existing investors F2 Venture Capital, Viola Ventures, and Munich Re Ventures.

DecoverAI: Legal Tech Company Raises $2 Million In Seed Funding

By Amit Chowdhry ● Aug 5, 2024

DecoverAI, a pioneering legal technology company, announced that it has raised $2 million in seed funding, led by Leo Capital with participation from other notable investors. This funding round marks a significant milestone in DecoverAI's goal in transforming the legal industry through cutting-edge AI solutions.

Checkly: Monitoring As Code Company Secures $20 Million In Series B

By Amit Chowdhry ● Aug 1, 2024

Checkly – a leading provider of synthetic monitoring powered by Monitoring as Code (MaC) and Playwright – announced it has raised a $20 million Series B funding round led by Balderton Capital. Existing investors Accel, CRV, and Paul H. Müller also participated.

aiXplain: Accelerated AI Development Company Raises $6.5 Million In Pre-Series A

By Amit Chowdhry ● Aug 1, 2024

aiXplain, a leading provider of essential infrastructure for accelerated AI development, announced a $6.5 million pre-Series A round to simplify the process of building AI agents and globalize the impact of AI innovation. Wa’ed Ventures (a $500 million Saudi Arabian venture capital fund backed by Aramco) led the round (its first direct investment in a US-based company). And prominent angel investors such as Osama Elkady (CEO and Co-founder of Incorta) and Kane Minkus (global business expert) also participated in the round.

Agrovision: Superfruit Platform Company Raises $100 Million At Over $1 Billion Valuation

By Amit Chowdhry ● Aug 1, 2024

Agrovision, the healthy superfruit platform and fully vertically integrated superfruit business announced it had closed $100 million in equity financing from Aliment Capital, along with marquee new and existing investors, including Steve Kaplan (co-founder of Oaktree Capital Management). And Agrovision is known for its premium superfruits: blueberries, raspberries, blackberries, and cherries (sold under Fruitist and Big Skye brands).

Axiad: Zero-Trust Enterprise Enabler Raises $25 Million

By Amit Chowdhry ● Jul 31, 2024

Axiad, an identity-first enabler of the zero-trust enterprise, announced it has raised $25 million in funding from Invictus Growth Partners.

TeachMe.To: $5 Million Closed To Make It Easier To Learn Sports, Music, And Art, And Music

By Amit Chowdhry ● Jul 31, 2024

TeachMe.To, a hub for finding and booking local in-person lessons, announced that it has raised $5 million in seed funding led by Bling Capital and with participation from Marketplace Capital, 20Growth, and Gokul Rajaram, and existing fund and angel investors, including 1984, Alumni Ventures; Ancestry CEO, Deb Liu; and Rover President, Brent Turner. And the company will utilize the investment to continue to enhance its platform with a particular focus on tools that improve the learning experience.

RxDiet: Food As Medicine Company Raises $3 Million

By Amit Chowdhry ● Jul 31, 2024

RxDiet, a New York-based company that is focused on Food as Medicine, announced it raised a $3 million seed funding round led by Giant Ventures, with significant participation from Better Ventures, Form Life, and several angel investors including Immad Akhund (Mercury Bank).