Venture Capital

Primergy: $350 Million Secured For Ash Creek Solar Project

By Amit Chowdhry ● Oct 22, 2024

Primergy Solar - a leading developer, owner, and operator of utility-scale solar and energy storage projects - announced it closed commitments for $350 million in tax equity financing for the 408 MWac Ash Creek Solar project in Hill County, Texas.

HEN Nozzles: Firefighting Innovation Company Raises $8 Million

By Amit Chowdhry ● Oct 22, 2024

Firefighting innovation company HEN Nozzles announced it raised $8 million in seed funding to accelerate its fluidics technology, which extinguishes fires 300% faster while using 67% less water. And with wildfires and structure fires intensifying globally and firefighting technology stagnating for decades, this funding will drive the development and deployment of the company’s groundbreaking fire suppression solutions. HEN’s innovations enable firefighters to fight fires faster and with less water — which is critical in unpredictable and increasingly destructive fire conditions.

Jüsto: Latin America Based Online Grocer Secures $70 Million

By Amit Chowdhry ● Oct 22, 2024

Jüsto, a leading online grocer in Latin America with operations in Mexico, Brazil, and Peru, announced it has raised $70 million in equity and debt financing. Existing investor General Atlantic led the $50 million equity round with participation from others, while HSBC México arranged the approximately $20 million debt facility. And Jüsto plans to utilize the new financing to continue executing its growth strategy, primarily in Mexico, further enhance operational efficiencies, and push the boundaries of conventional e-commerce models across the region.

Minze Health: Urology Solutions Company Closes $5.3 Million In Funding

By Amit Chowdhry ● Oct 22, 2024

Minze Health, a pioneer in digital health solutions for urology, announced it raised $5.3 million in a funding round led by its existing investors White Fund, Capricorn Digital Growth Fund, and the Flemish investment company PMV. This funding round also saw the participation of a new investor, imec.istart future fund, marking a significant step forward for the company’s growth and innovation.

Clerk Chat: AI-Based Telecom Platform For Enterprises Secures $7 Million (Seed)

By Amit Chowdhry ● Oct 22, 2024

Clerk Chat, a leading AI telecom platform for enterprises, announced it has closed a $7 million funding round led by Race Capital, with participation from HF0, Mento VC, and Altair VC. This funding will accelerate Clerk Chat's electric growth, enabling the company to continue investing in superstars, expand its novel AI messaging capabilities, and deepen partnerships with telecom providers.

Horizon Surgical Systems: Micro-Robotics Company Raises $30 Million (Series A)

By Amit Chowdhry ● Oct 22, 2024

Horizon Surgical Systems, a privately held micro-robotics company advancing microsurgery with automated AI-enabled robotics, announced the closing of a $30 million Series A financing. The funding was led by ExSight Ventures and a major corporate investor, with participation from Main Street Advisors and the University of California (UC Investments), and others.

Vision RNG: $207 Million Secured From HASI

By Amit Chowdhry ● Oct 22, 2024

Vision RNG (VRNG), a leader in renewable natural gas (RNG) production, announced it has closed on an aggregate $207 million in project financing with HASI. This funding will accelerate Vision RNG’s growth strategy, advancing sustainable energy solutions and reducing carbon emissions.

Zephyr: Home Services Platform Launched With $100 Million Of Capital

By Amit Chowdhry ● Oct 22, 2024

Zephyr announced that it has raised over $60 million in new growth capital led by Elda River Capital and The Pritzker Organization (TPO). And Zephyr will use the new funding to support additional home services business acquisitions and continued technical innovation. This latest funding round brings Zephyr's total funding to nearly $100 million since it launched in November 2022.

Obligo: $35 Million Raised To Expand Security Deposit Solutions

By Amit Chowdhry ● Oct 22, 2024

Obligo, a fintech company that builds trust between renters and landlords through its suite of flexible security deposit solutions, announced that it has raised $35 million in new funding. Ths funding comes as Obligo experiences a period of rapid growth, driven by recently announced partnerships with property management software companies AppFolio, Buildium, and Yardi.

Rollstack: $11 Million (Series A) Raised To Make It Easier To Create Data-Driven Slide Decks

By Amit Chowdhry ● Oct 21, 2024

Rollstack, a company making it easy to create and update data-driven slide decks and documents automatically, announced $11 million in Series A funding led by global software investor Insight Partners, with participation from existing investor Y Combinator. With the new funding round, Rollstack plans to further invest in its AI capabilities to automate mundane data tasks for businesses.

Nuclera: Biotech Company Raises $75 Million For Accelerating Protein Expression

By Amit Chowdhry ● Oct 21, 2024

Nuclera, the biotechnology company accelerating protein expression and purification workflows through its benchtop protein system, announced it had completed a $75 million financing round (circa £57 million). The funding round was led by Elevage Medical Technologies, backed by Patient Square Capital, and joined by British Patient Capital, the largest domestic investor in UK venture and venture growth opportunities, Cambridge Innovation Capital, Jonathan Milner, GK Goh, M&G Catalyst, E Ink Holdings, Michael D. McCreary, Uni Power Group, and Verve Ventures.

Sunbird Bio: $14 Million Closed To Advance Blood-Based Diagnostic Platform In Alzheimer’s Disease

By Amit Chowdhry ● Oct 21, 2024

Sunbird Bio, a biotechnology company developing proprietary blood-based technologies to improve the diagnosis and treatment of neurological disorders and early-stage cancer, announced the closing of a $14 million financing round backed by two new investors, Eli Lilly and Company and the strategic investment arm of the Singapore Economic Development Board (EDBI), and continued support from existing investors ClavystBio, Polaris Partners, and S32.

double jump.tokyo Reveals Strategic Partnership With Web3 Fund Neoclassic Capital

By Amit Chowdhry ● Oct 21, 2024

double jump.tokyo announced its LP investment in Neoclassic Capital, a fund focusing on Web3 and the entertainment industry in Asia. Through this strategic partnership with Neoclassic Capital, double jump.tokyo aims to build relationships with Web3 startups emerging from Asia and beyond, accelerating the global adoption of Web3 technologies from Asia.

Treehouse: $16.6 Million (Series A) Raised To Build Software-Enabled Installation Platform For Electrification Projects

By Amit Chowdhry ● Oct 21, 2024

Treehouse (a software-enabled installation platform for electrification projects) announced $16.6 million in Series A funding. The funding round includes participation from lead investor Flourish Ventures, Eaton, Veriten, MassMutual Ventures, and inVest Ventures, as well as continued participation from CarMax, Montage Ventures, Acrew Capital, Holman, Virta Ventures, and Invest Detroit. With this funding round, Treehouse will expand its operating footprint nationally to help automotive OEMs, utilities, fleet managers, and electrification hardware manufacturers launch scaled electrification programs.

X-energy: $500 Million (Series C-1) Raised To Support Advanced Small Modular Nuclear Reactors

By Amit Chowdhry ● Oct 21, 2024

X-Energy Reactor Company (a leader in advanced nuclear reactor and fuel technology) announced a Series C-1 financing round of about $500 million, anchored by Amazon.com. Citadel Founder and CEO Ken Griffin, affiliates of Ares Management Corporation, NGP, and the University of Michigan join Amazon’s Climate Pledge Fund in the financing round.

Neighborly Software: Growth Investment Secured From Falfurrias

By Amit Chowdhry ● Oct 20, 2024

Neighborly Software, a leading provider of an end-to-end SaaS platform that manages government-funded programs' enrollment, administration, and reporting, announced a significant growth investment from Falfurrias Management Partners, a Charlotte-based investment firm focused on growth-oriented middle-market businesses.

Equilibrium Energy: $39 Million (Series B) Raised To Build Next-Generation Clean Power Company

By Amit Chowdhry ● Oct 20, 2024

Equilibrium Energy—a technology company building a next-generation clean power company—announced market entry into California and signed new battery tolls with top-tier developer Ormat. The company also closed a $39 million Series B venture fundraising led by DCVC and including top-tier institutional investors Breakthrough Energy Ventures and Valo Ventures. This new funding builds on the company’s $30 million Series A financing led by Breakthrough Energy Ventures in 2022 and will support the continued build-out of Equilibrium’s industry-leading power volatility management platform and the growth of its commercial businesses.