Venture Capital

Alvys: Logistics Operating Platform Company Raises $20.5 Million In Series A

By Amit Chowdhry ● Jul 15, 2024

Alvys, a logistics operating platform for logistics and supply chain management, today announced it has raised $20.5 million in a Series A funding round. This funding round was led by Titanium Ventures (formerly Telstra Ventures), with new investor Picus Capital and existing investors RTP and Bonfire.

Modicus Prime: $3.5 Million Closed To Automate Biologics Image Analysis

By Amit Chowdhry ● Jul 15, 2024

Modicus Prime - a resident at Johnson & Johnson Innovation – JLABS @ TMC - announced today that it completed a $3.5 million series seed funding led by Silverton Partners, with additional backing from Alumni Ventures and other leading venture firms. In connection with the funding round, Silverton Partners' Roger Chen joins the Company's board of directors.

UNCAGED Innovations: $5.6 Million Raised To Create Sustainable Leather From Grains At Scale

By Amit Chowdhry ● Jul 15, 2024

UNCAGED Innovations, a biomaterial company that is creating sustainable leather from grains at scale, has raised an oversubscribed $5.6M Seed investment. The funding round was co-led by Green Circle Foodtech Ventures and Fall Line Capital, with participation from Ponderosa Ventures, Golden Seeds and existing investor InMotion Ventures, the investment arm of JLR (Jaguar Land Rover).

Adaptive: Construction-Focused Financial Automation Platform Raises $19 Million In Series A

By Amit Chowdhry ● Jul 15, 2024

Adaptive, a leading financial automation platform working to transform how businesses in the construction industry manage their money, announced it secured a $19 million Series A funding round today. This investment was led by Emergence Capital along with participation from Andreessen Horowitz, Definition, Exponent, 3kvc, Box Group, and Gokul Rajaram. And the funding brings Adaptive's total capital raised to $26.4 million.

Scaler: $10 Million In Series A Raised To Advance Platform For Decarbonizing Real Estate

By Amit Chowdhry ● Jul 15, 2024

Scaler, a company focused on decarbonizing real estate with machine learning, ESG data collection, and reporting announced it had raised $10 million led by Plural in Series A funding. This funding round, which included participation from previous investor Base10, will be used to develop the product further, grow the engineering team, and expand to new markets beyond Europe to set a new standard in ESG decision-making.

NOWDiagnostics: OTC And POC Diagnostic Test Company Raises $22.5 Million In Series B

By Amit Chowdhry ● Jul 15, 2024

NOWDiagnostics (NOWDx), a developer of over the counter (OTC) and point-of-care (POC) diagnostic tests, announced it has raised $22.5 million in Series B financing. Led by DigitalDx Ventures, with notable investment from the Labcorp Venture Fund and Kompass Kapital Management, this oversubscribed funding round will be used to drive the commercialization of at-home diagnostic tests, continue developing new diagnostic innovations, expand the pipeline of tests, and support strategic hiring initiatives.

epilot: €10 Million Secured To Help Power Green Energy Transition

By Amit Chowdhry ● Jul 15, 2024

epilot, a platform powering the green energy transition through digital transformation, announced it had raised €10 million from Expedition Growth Capital. The new funding round will be used to accelerate its product roadmap and empower leading energy and utility companies to adopt renewable energy through seamless technology. And Expedition partner Will Sheldon join epilot’s advisory board.

DigniFi: Auto Repair Financing Company Raises $175 Million

By Amit Chowdhry ● Jul 15, 2024

DigniFi, a leading FinTech company that specializes in automobile repair financing, is thrilled to announce the addition of two new strategic funding partners on May 14, 2024. And Encina Lender Finance provides up to a $150 million credit facility while Brigade Capital Management contributes an additional $25 million in debt financing.

The Lasso: Car Bidding Company Raises $9.8 Million

By Amit Chowdhry ● Jul 15, 2024

Online car bidding platform The Lasso (previously known as Revv) announced it has raised $9.8 million in early-stage funding as it prepares to expand nationwide. This funding round - which was split in three tranches - led to a seed round. Crosslink Capital and Manresa Ventures were the lead investors, while Contour Venture Partners, Liquid2 Ventures, Ritual Capital, Correlation Ventures, and other firms also joined the round.

Endor Labs: Strategic Investment Raised From Citi Ventures

By Amit Chowdhry ● Jul 15, 2024

Supply chain security software leader announced a strategic investment from Citi Ventures today. This investment further validates Endor Labs’ unique approach to securing the software supply chain and it comes less than a year after the company raised $70 million in an oversubscribed Series A funding round from Lightspeed Venture Partners (LSVP), Coatue, Dell Technologies Capital, Section 32 and more than 30 industry-leading CEOs, CISOs and CTOs.

ZwitterCo: $58.4 Million Raised To Transform Water Treatment

By Amit Chowdhry ● Jul 14, 2024

ZwitterCo, a company transforming water treatment with advanced membrane technologies, announced the successful closing of its Series B funding round, led by Evok Innovations. DCVC, BHP, Munich Re Ventures, SiteGround, HG Ventures, and Blue Horizon Advisors joined Evok.

Enso Raises $6 Million To Advance Ecosystem Of Guided AI Agents

By Amit Chowdhry ● Jul 14, 2024

Enso has unveiled the industry's first ecosystem of Guided AI Agents, offering small to medium-sized business (SMBs) with AI-powered Service-as-a-Software. Driving Enso's launch is a $6 million seed funding round led by NFX with participation from top angel investors like Yossi Matias (head of AI Google Research), Shmil Levy (ex-GP at Sequoia Capital), Dark Mode ventures, and operators from top companies including Slack, Twitter, OpenAI, and more.

Courier Health: $16.5 Million Closed To Help Life Science Manufacturers Support Patients

By Amit Chowdhry ● Jul 14, 2024

Courier Health, a company reimagining how life science manufacturers engage and support patients, announced a $16.5 million Series A led by Norwest Venture Partners with participation from existing investor Work-Bench.

Command Zero: Autonomous Cyber Investigation Company Secures $21 Million

By Amit Chowdhry ● Jul 13, 2024

Command Zero, an autonomous and user-led cyber investigation platform, emerged from stealth with $21 million in seed funding, led by Andreessen Horowitz with participation from Insight Partners and over 60 cyber industry thought leaders and executives.

Cluby Closes €2.9 Million To Help Restaurants Connect Digitally With Customers

By Amit Chowdhry ● Jul 13, 2024

Cluby, a Finnish company whose platform enables every restaurant to connect with their customers digitally, announced it has raised €2.9 million seed round from Vendep Capital, Cluby’s co-founder and investor Pekka Koskinen, and Wolt co-founder Elias Aalto. The company will use the funding to expand across Europe, bringing its expertise and tools to a broader audience.

Enterprise Data Company Nasuni Raises Funding At $1.2 Billion Valuation

By Amit Chowdhry ● Jul 13, 2024

Nasuni, a leading enterprise data platform for modern hybrid cloud environments, announced a strategic growth investment led by Vista Equity Partners. And Vista will be joined by TCV and KKR in the new investment, which values Nasuni at about $1.2 billion. The terms of the transaction were not disclosed.