Venture Capital

Antheia: Pharmaceutical Ingredient Producer Secures $17 Million In New Funding

By Amit Chowdhry ● Jul 25, 2024

Antheia, the pharmaceutical ingredient manufacturer transforming essential medicine supply chains, announced $17 million in new funding through a government project agreement through the Biopharmaceutical Manufacturing Preparedness Consortium (BioMaP-Consortium), along with matching support from new strategic investors.

akirolabs: ProcureTech Company Extends $5 Million Seed Round With 7-Digit Grant

By Amit Chowdhry ● Jul 25, 2024

akirolabs - a Berlin-based ProcureTech company enabling enterprises worldwide to augment strategic procurement processes - announced an extension to its recent $5 million seed funding with an additional 7-digit non-dilutive grant from Investitionsbank Berlin and the European Regional Development Fund (ERDF).

Micropep: Micropeptide Technology Leader Raises $29 Million

By Amit Chowdhry ● Jul 25, 2024

Micropep Technologies - a global leader in micropeptide technology, announced today a $29 million Series B funding round along with its proprietary discovery platform Krisalix. This funding round was led by Zebra Impact Ventures, and BPI Green Tech Investment. All existing investors, Fall Line Capital, FMC Ventures, Sofinnova Partners, Supernova Invest, and IRDI Capital Investissement also participated. This brought the company’s total funding to over $51.8 million.

Hanger Ventures Reveals Bionic Power As Inaugural Investment

By Amit Chowdhry ● Jul 25, 2024

Hanger Ventures (a Hanger, Inc. business whose primary objective is to advance orthotics and prosthetics innovation and improve patient outcomes) announced its debut investment in Canadian-based firm Bionic Power. As a developer of active lower body smart orthotic devices that enhance personal mobility, Bionic Power is raising Series A Round funding with Hanger Ventures committing as the lead investor.

Juno: Child Disability Insurance Company Raises $8.5 Million

By Amit Chowdhry ● Jul 25, 2024

Juno - the first company in the U.S. to provide child disability insurance - announced it has closed an $8.5 million Series A led by Spero Ventures with participation from Floating Point, Newark Ventures, and WVV Capital, bringing its total capital raised to $12.5 million.

Ani.VC: Pet-Focused Fund Launches With Goal Of Deploying $35 Million Over 3 Years

By Amit Chowdhry ● Jul 25, 2024

Ani.VC, an early-stage venture fund for pets, has launched with an inaugural investment into DOG PPL, a canine social club expanding from its base in Los Angeles. This independent fund is focused on the more than $540 billion pet and animal health market, including veterinary health, therapeutics and technologies, nutrition and consumables, and pet longevity. And it will deploy $35 million over the next three years into companies across the US, Europe, and Asia.

Linx: Modern Identity Security Company Raises $33 Million

By Amit Chowdhry ● Jul 24, 2024

Linx Security, a modern identity security and governance solutions company, emerged from stealth and announced that it has raised $33 million in funding. The funding round was led by Index Ventures and Cyberstarts, with investors also including entrepreneurs Mickey Boodaei (Imperva, Trusteer, Transmit) and Rakesh Loonkar (Trusteer, Transmit), and Cerca Partners and Knollwood Investment Advisory.

Vitable: Direct Primary Care Company Raises $16 Million

By Amit Chowdhry ● Jul 24, 2024

Vitable, an enhanced Direct Primary Care company working with SMB employers to deliver affordable and high-quality healthcare to hourly workers, announced it has raised a $16 million Series A funding round led by Cherryrock Capital with participation from Citi Impact Fund, First Round Capital, newark venture partners (nvp), Commerce Ventures, and Y Combinator.

Strive: Financial Services Company Raises $30 Million In Series B

By Amit Chowdhry ● Jul 24, 2024

Strive Enterprises, a financial services company with an asset management platform focused on maximizing long-run returns for investors, announced today that it closed a $30 million Series B financing round led by Cantor Fitzgerald, L.P. Deason Capital Services (led the Series A round), Narya Capital, and several prominent entrepreneurs also participated in the funding.

Igloo: Pudgy Penguins Parent Company Secures Over $11 Million

By Amit Chowdhry ● Jul 24, 2024

Igloo, the parent company of Pudgy Penguins, today announced the closing of over $11 million in funding led by Founders Fund with additional investments from Fenbushi Capital, 1kx, Everest Ventures Group, and Selini Capital.

QA Wolf Secures $36 Million In Series B To Transform Software Quality Assurance

By Amit Chowdhry ● Jul 24, 2024

QA Wolf, a company that guarantees 80%+ end-to-end automated test coverage for web apps, announced a $36 million Series B funding round to accelerate its expansion into native mobile testing, which is set to launch later this year and is now open for waitlist. This funding round was led by Scale Venture Partners with participation from Threshold Ventures and Ventureforgood, and existing investors Inspired Capital and Notation Capital.

Evo Security: Identity And Access Management Solutions Company Raises Series A Funding Round

By Amit Chowdhry ● Jul 24, 2024

Evo Security, a leading provider of Identity and Access Management solutions for Managed Service Providers (MSPs), announced the successful completion of its Series A funding round - raising $6 million led by TechOperators, an Atlanta-based cybersecurity venture capital firm led by industry veterans. This funding round includes participation from Sorenson Capital, Prelude, Strategic Cyber Ventures, Inner Loop Capital, and new partner MetroSITE Group.

Jake Paul’s W Secures $14 Million At Over $150 Million Valuation

By Amit Chowdhry ● Jul 23, 2024

W, the men's personal care brand launched by Jake Paul, announced today it has raised a Series A led by Shrug Capital. With $14 million in funding to date, inclusive of seed financing and incubation from Anti Fund, the company is now valued at more than a $150 million valuation. The co-investors include Range Group, 305 Ventures, Uphonest Capital, Quiet Capital, and Palm Tree Crew, with participation from individuals including Celsius' CEO John Fieldly, Fanatic's CEO Michael Rubin, Lil Durk, Nick Kyrgios, Naomi Osaka, and Carter Reum and Paris Hilton.

Protexxa: Cybersecurity Company Raises $10 Million In Series A

By Amit Chowdhry ● Jul 23, 2024

Protexxa - one of the largest cybersecurity companies in the country - announced it has raised $10 million in Series A funding. The investors in the Series A include Bell Ventures (venture arm of Bell Canada) and Sandpiper Ventures. The round also saw support from existing shareholders, Export Development Canada, BKR Capital, The Firehood Angels, and Graphite Ventures. Additional investors include Global Risk Institute President and CEO Sonia Baxendale; Tricon and Cidel Co-founder Geoffrey Matus; former Home Depot Canada CEO and current NRStor CEO Annette Verschuren; and business lawyer and Distinguished Counsel in Residence at Toronto Metropolitan University Ralph Lean. Plus, Protexxa has welcomed a new advisor Dr. Donette Chin-Loy Chang.