Venture Capital

University Of Calgary Spinout Quantized Technologies (QTi) Raising $4 Million

By Amit Chowdhry ● Apr 10, 2025

University of Calgary alum Jordan Smith and his research-based startup Quantized Technologies Inc. (QTi) are looking to transform global internet communications by building the first commercial quantum repeater, an essential device for enabling the backbone of the future quantum internet. And QTi is currently raising $4 million in investment to advance these efforts, building on its existing success in developing advanced quantum encryption devices.

Sats Terminal: Bitcoin Decentralized Finance Aggregation Protocol Platform Raises $1.7 Million

By Amit Chowdhry ● Apr 10, 2025

Sats Terminal, a Bitcoin decentralized finance (DeFi) aggregation protocol, announced it has raised $1.7 million in pre-seed funding to expand its platform. The funding round was led by Coinbase Ventures and Draper Associates, with additional participation from Draper Dragon, BitcoinFi Accelerator, UTXO Management, Core Chain Ventures, Sats Ventures, Delta Blockchain Fund, Tenzor Capital, and 3Commas Capital. And several high-profile angel investors also joined the round, including Paul Taylor, Franklin Bi, DOMO, Stijn Paumen, and others who support Sats Terminal’s goals.

Anecdotes: $55 Million (Series B) Raised For Transforming AI-Based GRC Solutions

By Amit Chowdhry ● Apr 10, 2025

Anecdotes, which is a data-driven Governance, Risk, and Compliance (GRC) platform built for enterprise operations, announced the successful second close of its expanded Series B financing round, raising an additional $30 million and bringing the company’s total funding for the round to $55 million. This extended $30 million round was led by DTCP following the initial $25 million round led by Glilot with participation from Vertex and Red Dot. And the additional funding comes on the heels of strong enterprise momentum to fuel global expansion, and brings the total funding to $85 million.

Optilogic: $40 Million (Series B) Raised For Optimization And Decision-Making Platform

By Amit Chowdhry ● Apr 9, 2025

Optilogic - a supply chain design software innovator - announced it closed its $40 million Series B funding round, led by NewRoad Capital Partners and joined by MK Capital and Moore Strategic Ventures.

Spektion: $5 Million (Seed) Raised For Software Vulnerability Management Solutions

By Amit Chowdhry ● Apr 9, 2025

Software vulnerability management leader Spektion announced the general availability of its purpose-built solution, Spektion, which enables vulnerability management teams to address software risks based on their runtime behavior proactively. The company also revealed that it is backed by $5 million in seed funding led by LiveOak Ventures. The funding round also included participation from Tau Ventures and Dauntless Ventures.

Starday: $11 Million (Series A) Raised For Expanding Food Innovation And Retail Partnerships

By Amit Chowdhry ● Apr 9, 2025

Starday, an AI-based food innovation company reinventing category growth, announced it has raised $11 million in Series A funding to accelerate retail expansion and develop first-of-its-kind partnerships with retailers and CPG brands to create bespoke products. The funding round was led by Slow Ventures and Equal Ventures and it includes $8 million in equity and $3 million in a debt credit facility from Silicon Valley Bank, along with investment from large global food and beverage companies. This funding round brings Starday’s total funding to $20 million in equity and debt.

Tracera: $12 Million (Series A) Raised For AI-Based Corporate Sustainability Platform

By Amit Chowdhry ● Apr 9, 2025

Tracera, an AI-based platform that automates the collection, verification and auditing of sustainability data with finance-grade accuracy and traceability, announced a $12 million Series A round, led by Foundry, with participation from Rho Ignition, Tola Capital, and Contour Venture Partners.

Aurascape: $50 Million Raised For AI-Native Security Platform

By Amit Chowdhry ● Apr 9, 2025

Aurascape, a provider of AI-native security, announced its launch after one year of stealth operations with $50 million in funding. The lead investors include Mayfield Fund and Menlo Ventures, along with a strategic set of investors such as Celesta Capital and security industry leaders, including former Palo Alto Networks CEO Mark McLaughlin, former Symantec CEO Greg Clark, the Chairman of Walden International Lip-Bu Tan, and former Zscaler Chief Strategy Officer Manoj Apte.

Solu Therapeutics: $41 Million (Series A) Raised For Developing Therapies To Eliminate Disease-Driving Cells

By Amit Chowdhry ● Apr 9, 2025

Solu Therapeutics, a biotechnology company pioneering therapies to eliminate disease-driving cells in cancer, immunology, and other therapeutic areas, announced the completion of a $41 million Series A financing that included participation from five new investors – Eli Lilly and Company, Biovision Ventures, Pappas Capital, Hengdian Group Capital (HgC), and The Leukemia & Lymphoma Society Therapy Acceleration Program along with continued support from existing Solu investors Longwood Fund, DCVC Bio, Santé Ventures, Astellas Venture Management, and Alexandria Venture Investments.

Dunmor: $150 Million Raised For Residential Real Estate Investment Loan Platform

By Amit Chowdhry ● Apr 9, 2025

Dunmor, a provider of bridge, fix and flip, ground-up construction and DSCR rental loans for real estate developers across the United States, announced a series of achievements marking its momentum this year. These achievements include reaching a new milestone of $150 million in funding, the appointment of Jim Cooper, executive vice president of capital markets, a license to operate in Arizona, a broker portal, and soon a license to operate in Nevada and a new office in Irvine, California.

Office Ally: Funding Raised From New Mountain Capital And Francisco Partners

By Amit Chowdhry ● Apr 9, 2025

Office Ally, a healthcare technology company providing a comprehensive suite of cloud-based clearinghouse and software solutions to a national network of healthcare providers, partners, and health plans, announced a strategic growth investment from New Mountain Capital (a growth-oriented investment firm with over $55 billion in AUM). Francisco Partners, which originally invested in Office Ally in 2021, will also reinvest with management.

Haball: $52 Million Secured For Supply Chain Financing Platform

By Amit Chowdhry ● Apr 9, 2025

Haball, which is Pakistan’s leading supply chain financing and payments fintech, announced it has raised a $52 million pre-Series A funding round comprising equity investment and a strategic financing allocation. The funding round’s equity component of $5 million was led by Pakistan-based VC firm Zayn VC. And other investors included Majlis Advisory SPV; several leading private investors in KSA; angel investors, and a business conglomerate. The strategic financing component ($47 million) was provided by Meezan Bank Limited, Pakistan’s first and largest Islamic bank, rated AAA/A-1+.

Andros Capital Partners: Third Energy Fund Closed At $1 Billion

By Amit Chowdhry ● Apr 9, 2025

Andros Capital Partners announced the closing of Andros Energy Capital III at its $1 billion hard cap. Fund III is the latest Andros flagship fund focused on private equity investments, credit opportunities, and direct asset-level investments across the energy value chain.

Excelsior Energy Capital: Fund II Closed At $1 Billion

By Amit Chowdhry ● Apr 9, 2025

Excelsior Energy Capital, an independent North American renewable energy investor, announced the final close of Excelsior Renewable Energy Investment Fund II, LP (Fund II). With total capital commitments of just over $1 billion, Fund II surpasses its original $750 million target. Fund II will continue Excelsior’s strategy of investing equity in solar, energy storage, wind, and other energy transition projects across the US.