Venture Capital

The Engine Ventures: Fund III Closed At $398 Million

By Amit Chowdhry ● Jun 23, 2024

The Engine Ventures, a venture firm that invests in early-stage founders solving critical global challenges, announced it raised a $398 million Fund III, bringing the firm’s total assets under management to over $1 billion. Launched in 2016 as The Engine built by MIT, the firm’s goal is to unlock commercialization in Tough Tech, a new asset class that translates breakthrough science and engineering from lab to market.

VLogic Systems: Strategic Growth Funding Raised From Northrim Horizon

By Amit Chowdhry ● Jun 23, 2024

VLogic Systems, a leading cloud-based integrated workplace management (IWMS) and Connected Portfolio Intelligence Platform (CPIP) SaaS provider announced that Northrim Horizon had made a strategic growth investment in the high-growth IWMS and CPIP provider.

Auxilius: Clinical Trial Financial Management Company Raises $10 Million

By Amit Chowdhry ● Jun 23, 2024

Auxilius - which is the first Clinical Trial Financial Management (CTFM) software that enables life science finance, accounting, and clinical operations teams to automate accounting workflows and improve clinical R&D forecast accuracy - announced it has raised $10 million in additional financing, led by SignalFire.

HarperDB: Significant Growth Investment Raised From Serent Capital

By Amit Chowdhry ● Jun 22, 2024

HarperDB, a distributed systems platform that combines database, caching, application, and streaming functions into a single technology for improving performance and lower cost for global backend services, announced a significant growth investment from Serent Capital.

Tinybird: Real-Time Data Platform Company Raises $30 Million In Series B

By Amit Chowdhry ● Jun 21, 2024

Tinybird, a real-time data platform for data and engineering teams, announced that it has raised $30 million in a Series B funding round led by Balderton Capital. Existing investors, including CRV and Singular Ventures, also participated in the round. This new funding round will accelerate Tinybird’s growth, enhance its product offerings, and expand its global footprint.

GPTZero: AI-Based Content Detection Company Raises $10 Million In Series A

By Amit Chowdhry ● Jun 21, 2024

GPTZero, a leading platform for AI-generated content detection and responsible AI adoption, announced it had raised $10 million in Series A funding led by Footwork VC with participation from Reach Capital, Uncork, Neo, Alt Capital, and the former CEOs of Reuters and The New York Times.

Koda Health: Seed+ Funding Round Raised To Expand Care Planning Platform

By Amit Chowdhry ● Jun 21, 2024

Koda Health, a leader in digital Advance Care Planning, announced the successful oversubscription of its Seed+ funding round. This funding round was led by Ecliptic Capital, with strategic investment from Memorial Hermann Health System, AARP, and the Texas Medical Center (TMC) Venture Fund, emphasizing the healthcare community's belief in Koda's mission, technology, and impact on patient care.

Aepnus Technology: Electrochemical Platform Company Raises $8 Million In Seed Funding

By Amit Chowdhry ● Jun 21, 2024

Aepnus Technology, a developer of an electrochemical platform to improve circularity and reduce emissions in battery supply chain chemicals, announced it raised $8 million in seed financing to accelerate the production of its novel end-to-end sodium sulfate recycling technology. Clean Energy Ventures led the funding round, which also included Voyager Ventures, Lowercarbon Capital, Impact Science Ventures, Muus Climate Partners, and Gravity Climate Fund.

Kardium: Atrial Fibrillation Treatment Company Raises $104 Million

By Amit Chowdhry ● Jun 21, 2024

Kardium, the developer of the Globe Mapping and Ablation System for the treatment of atrial fibrillation, has raised $104 million in a new financing round. This funding round is led by existing investor Fidelity Management & Research Company, with follow-on participation by funds and accounts advised by T. Rowe Price Associates and T. Rowe Price Investment Management and new investor Durable Capital Partners LP.