Venture Capital

Madrona: $770 Million Closed For Madrona Fund X And Acceleration Fund IV

By Amit Chowdhry ● Jan 31, 2025

Madrona announced the closing of Fund X and Acceleration Fund IV, which will be deployed in the next several years in new companies and will support them through their life cycle.

Beanstack: $1.5 Million Raised To Help School Libraries Facilitate Reading Challenges

By Amit Chowdhry ● Jan 30, 2025

Beanstack announced they have raised $1.5 million in capital led by Riverside Acceleration Capital and Evoce Capital with additional investment from Mark Cuban, Kapor Capital, Militello Capital, and the founders and their family as a strategic raise. And the former Shark Tank company will utilize the funding to accelerate its repeatable growth model and to invest in its Reading Culture Trailblazer client marketing program. The company also seeks to raise an additional $500K under the same convertible note terms through March 31st.

ID.me: $275 Million Financing Raised From Ares Management

By Amit Chowdhry ● Jan 30, 2025

ID.me, a market-leading digital identity wallet, announced it had closed a $275 million credit facility provided by Ares Management funds. And Ares also plans to make a substantial equity investment in ID.me.

Rad AI: $60 Million (Series C) Raised To Advance Leadership In Healthcare GenAI

By Amit Chowdhry ● Jan 30, 2025

Rad AI, which is one of the fastest-growing healthcare AI companies and the first to commercialize a generative AI product in healthcare, announced a $60 million Series C financing round, valuing the company at $525 million. This oversubscribed round was led by Transformation Capital, with participation from existing investors Khosla Ventures, World Innovation Lab, UP2398, Kickstart Fund, OCV Partners, Cone Health, and others. And this funding round comes seven months after their $50 million Series B.

Phantom: Multichain Wallet Company Raises $150 Million (Series C) At $3 Billion Valuation

By Amit Chowdhry ● Jan 30, 2025

Phantom - a simple multichain wallet that announced to make crypto safer and easier to use - announced it raised $150 million in Series C funding at a $3 billion valuation. This funding round was co-led by Sequoia Capital and Paradigm, with participation from existing investors, including a16z crypto and Variant.

The L Suite Acquiring Luminate+ To Transform How In-House Counsel Taps Into Insights

By Amit Chowdhry ● Jan 30, 2025

The L Suite, a premier community for General Counsels (GCs) and Chief Legal Officers (CLOs) at high-growth companies and investment funds, announced the acquisition of Luminate+, which is an industry-leading e-learning platform for legal professionals.

Trinity Capital Equipment Finance Unit Surpasses $1 Billion In Fundings

By Amit Chowdhry ● Jan 30, 2025

Trinity Capital - a leading alternative asset manager - announced that its equipment finance vertical has surpassed $1 billion in funding to high-growth companies since 2018. This milestone highlights the company's commitment to supporting the growth and innovation of businesses in various industries, including manufacturing & automation, energy, space technology, climate tech, and AI.

FileCloud: Strategic Growth Investment Raised From Level Structured Capital

By Amit Chowdhry ● Jan 30, 2025

FileCloud, a provider of secure content collaboration and data governance solutions, announced it has secured a strategic growth investment from Level Structured Capital (an affiliate of Level Equity, a growth equity firm with over $3 billion in assets under management). This funding round will enable FileCloud to enhance its go-to-market strategies and further innovate its platform to meet the increasing demand for secure, scalable, and compliance-driven file-sharing solutions.

Arctic Therapeutics: Drug Discovery Company Raises €26.5 Million (Series A)

By Amit Chowdhry ● Jan 30, 2025

Icelandic drug discovery and development company Arctic Therapeutics (ATx) announced the closing of a €26.5 million oversubscribed Series A financing from a broad syndicate of international investors. This syndicate includes the EIC Fund, Iceland's largest privately-held investment firm Kaldbakur, Investcorp-backed Sanos Group, Swiss-based Cerebrum DAO, The Lurie Family Foundation – established by US billionaire Jeffery Lurie, and a consortium led by early investors and co-founders of Icelandic unicorn, Kerecis, and Copenhagen-listed Chemometec. Icelandic institutional investors and family offices also participated in the round.

Strata Information Group Raises Funding From Ridgemont Equity Partners

By Amit Chowdhry ● Jan 30, 2025

Ridgemont Equity Partners, a middle market private equity investor, announced an investment in Strata Information Group (SIG), a leading provider of managed services for higher education.

Ati Motors: Autonomous Robotics Company Raises $20 Million (Series B)

By Amit Chowdhry ● Jan 30, 2025

Ati Motors, a leader in AI and autonomous robotics, announced a $20 million Series B investment led by Walden Catalyst Ventures (WCV) and NGP Capital (NGP) with participation from current investors, including True Ventures, Exfinity Venture Partners, Athera Venture Partners, and Blume Ventures.

CapeZero: $2.6 Million (Seed) Raised For Transforming Complex Clean Energy

By Amit Chowdhry ● Jan 30, 2025

CapeZero, a software platform that streamlines financial workflow for clean energy developers, announced the closing of a $2.6 million seed funding round. This round was led by Powerhouse Ventures, with participation from Climactic, Avesta Fund, Virta Ventures, and Stepchange.

Moniepoint: Strategic Investment Raised From Visa To Advance Financial Inclusion For African SMEs

By Amit Chowdhry ● Jan 30, 2025

Moniepoint - one of Nigeria’s leading business payments and banking services platforms - announced it had secured an investment from Visa, a global leader in digital payments. This funding marks a significant milestone in Visa’s commitment to advancing financial inclusion and shaping the future of digital payments while fostering SME growth across Africa.

The RMR Group: New $100 Million Revolving Credit Facility Signed

By Amit Chowdhry ● Jan 30, 2025

The RMR Group announced that it has entered a new $100 million senior secured revolving credit facility. This initial maturity date of the new credit facility is January 22, 2028, and it includes a one-year extension at RMR’s option, subject to payment of extension fees and satisfaction of other customary conditions.

NineDot Energy: $65 Million In Equipment Financing Closed

By Amit Chowdhry ● Jan 30, 2025

NineDot Energy, a leading developer of community-scale battery energy storage systems (BESS) in the New York City metro area, announced the closing of a $65 million equipment financing transaction led by First Citizens Bank, a leader in renewable energy finance.

ASM Capital: Fund Launched For Investing In Single Malt Whiskey

By Amit Chowdhry ● Jan 30, 2025

ASM Capital Group - a new spirits investment fund elevating the newly commissioned American Single Malt Whiskey (ASM) category on a global scale - has marked the official category designation from The Alcohol and Tobacco Tax and Trade Bureau (TTB) with the announcement of the ASM Capital Whiskey Fund. The ASM Capital Whiskey Fund is 100% dedicated to the growth of the American Single Malt Whiskey category and is on the ground floor with a strategic and proven whiskey barrel investing model.

Aegis Energy Raising Up To £100 Million From Quinbrook

By Amit Chowdhry ● Jan 30, 2025

Quinbrook Infrastructure Partners - a specialist global investment manager focused exclusively on the infrastructure needed for the energy transition - announced a phased investment of up to £100 million in Aegis Energy. This investment emphasized the construction of the first clean, multi-energy recharging and refueling sites for commercial vehicles in the UK.

Franzy: Funding Raised To Streaming Business Buying Processes

By Amit Chowdhry ● Jan 30, 2025

Franzy, a platform designed to transform the franchising industry, launched after raising $1 million in pre-seed funding. Powered by AI, Franzy streamlines the process of buying a business. And it offers aspiring entrepreneurs a user-friendly and transparent platform to explore and invest in franchising opportunities.

Waterlily: $7 Million (Seed) Funding Raised To Predict Long-Term Care

By Amit Chowdhry ● Jan 30, 2025

Waterlily, a company that uses AI to predict long-term care (LTC) needs up to decades before they happen, today announced the closing of a $7 million seed round led by John Kim, founding partner of Brewer Lane Ventures. And the company also secured strategic investments from Genworth, Nationwide, and Edward Jones. Plus, this round also included participation from key industry leaders including Tim Kneeland (former CEO of GE Insurance & Transamerica LTC), and others. Waterlily previously raised a $2.2 million pre-seed round with notable investors, including Scott Barclay (Managing Director of Healthcare at Insight Partners).

Skyven Technologies: $70 Million Co-Development And Project Finance Agreement Signed With Kyotherm

By Amit Chowdhry ● Jan 30, 2025

Skyven Technologies (a leader in emissions-free industrial steam) and Kyotherm (a financier of renewable thermal energy projects) announced a $70 million co-development and project finance agreement. This partnership offers project funding for accelerating the deployment of Skyven's steam-generating heat pump technology Arcturus aimed at decarbonizing hard-to-abate industries and facilities across the United States. This project finance is driven by Skyven's recent $145 million award from the Department of Energy's (DOE) Office of Clean Energy Demonstrations (OCED).

Canvas: 3D Measurement And Modeling Solutions Company Raises $10 Million (Series A)

By Amit Chowdhry ● Jan 30, 2025

Canvas, a leader in 3D measurement and modeling solutions for residential and light commercial spaces, announced a $10 million Series A funding round led by Trilogy Equity Partners & Foundry Group, with participation from Acquired Wisdom Fund, GC&H Investments, and Frontier VC. This funding will accelerate Canvas's efforts to solve the complex challenge of turning mobile 3D scans into precise, design-ready models tailored for construction and remodeling workflows.

D3: DomainFi Infrastructure Leader Raises $25 Million (Series A)

By Amit Chowdhry ● Jan 30, 2025

DomainFi infrastructure leader D3 Global announced the closing of a $25 million Series A funding round led by Paradigm. The funding round was also joined by notable investors, including Coinbase Ventures, Sandeep Nailwal, co-founder of Polygon Labs, Dharmesh Shah, the founder of HubSpot, and Richard Kirkendall, CEO of Namecheap, highlighting the support from Web2 and Web3 leaders for DomainFi, a decentralized finance layer to accelerate the growth of domains as a real-world asset class.

Neu Health: $2 Million Raised From Cedars-Sinai And OSE

By Amit Chowdhry ● Jan 30, 2025

Cedars-Sinai Intellectual Property Company announced it is partnering with Oxford Science Enterprises (OSE) through a major co-investment initiative. This partnership with OSE, an independent investment company launched as a joint venture with the University of Oxford, will include the ability to co-build and co-invest in future health-tech startups coming out of Oxford.

Rowan Digital Infrastructure: $975 Million In Financing Raised For Hyperscale Campus In Maryland

By Amit Chowdhry ● Jan 30, 2025

Rowan Digital Infrastructure, a hyperscale data center developer and portfolio company of Quinbrook Infrastructure Partners, announced it has closed $975 million of construction financing to build the first phase of a flagship hyperscale data center campus in Maryland, United States. The Phase one construction is underway, with additional phases in advanced development.

Conifers.ai: Security Operations Company Raises $25 Million From SYN Ventures

By Amit Chowdhry ● Jan 29, 2025

Conifers.ai announced $25 million in funding and the formal launch of the company and its Conifers CognitiveSOC platform. This native AI platform helps organizations solve critical security operations center (SOC) challenges at scale, increasing effectiveness and efficiency and reducing risk.

Latticework And Edgehill Management Sign Partnership With Life Science Connect

By Amit Chowdhry ● Jan 29, 2025

Latticework Capital Management (LCM), a private equity firm focused on partnering with entrepreneurially-minded management teams to build successful healthcare companies, and Edgehill Management, a private investment firm focused on partnering with entrepreneurs and management teams, announced a strategic investment in Life Science Connect (LSC).

UVeye: AI-Based Vehicle Inspection Technology Company Raises $191 Million

By Amit Chowdhry ● Jan 29, 2025

UVeye, a global leader in AI-driven vehicle inspection technology, announced $191 million of funding, bringing the total capital raised to date to $380.5 million. This funding round was led by Woven Capital with participation from UMC Capital and MyBerg along with existing investors W.R. Berkley, Menora Mivtachim, and More Investment House for $41 million in equity financing; Trinity Capital structured the $150 million debt facility.

H.I.G. Realty Investing In Private Schools Owner And Operator Intellego Education

By Amit Chowdhry ● Jan 29, 2025

H.I.G. Capital - a leading global alternative investment firm with $67 billion of capital under management - announced that one of its affiliates has invested in Intellego Education, a European-focused owner and operator of private anglophonic schools.

Tradeverifyd: $8 Million (Series A) Secured To Transform Standards For Global Supply Chain Risk

By Amit Chowdhry ● Jan 29, 2025

Tradeverifyd announced that it has raised an $8 million Series A round led by Silicon Road VC and Bread & Butter Ventures, with participation from Acronym, Techstars, and a100x.

Token Security: $20 Million Raised For Securing Enterprise Machine Identities

By Amit Chowdhry ● Jan 29, 2025

Token Security, a leader in non-human identity security, announced $20 million in Series A funding led by Notable Capital, with participation from existing investor TLV Partners and executives from cybersecurity companies like Palo Alto Networks, CrowdStrike, Check Point, and Venafi. This funding round comes only eight months after the company emerged from stealth, bringing the total funding to $27 million. Token also saw rapid adoption since its launch, with customers including HPE and Hibob.