Venture Capital

Aplantex Closes C$2.8 Million To Extract Plant Molecules From Proprietary Biomasses

By Amit Chowdhry ● Sep 3, 2024

Aplantex, an innovative Quebec-based startup specializing in extracting high-value plant molecules from its proprietary biomass, announces the closing of a $2.8 million CAD round of funding led by Frederick Perrault, with the participation of the Circular Innovation Fund (CIF) through its Acceleration Program, Cycle Momentum, Investissement Québec, and several angel investors. This funding will accelerate the development of the company’s strategic and production plan.

Codeium: AI-Based Code Acceleration Platform Raises $150 Million (Series C) At $1.25 Billion Valuation

By Amit Chowdhry ● Sep 3, 2024

Codeium, an AI-based code acceleration platform, announced it has secured $150 million in Series C funding, raising the company's valuation to $1.25 billion and bringing the startup to unicorn status in under two years since being founded. The funding round was led by General Catalyst, with continued support from existing investors Kleiner Perkins and Greenoaks.

Alaska Communications: $390 Million Financing Raised To Expand Statewide Fiber Infrastructure

By Amit Chowdhry ● Sep 3, 2024

Alaska Communications, a provider of mission-critical and life-critical communications infrastructure in Alaska, announced a major financial advancement by establishing a new five-year $390 million senior secured credit facility. These funds will be used for repaying existing debt and to further invest in expanding the company’s fiber infrastructure across the state.

PhotonPharma: $2.5 Million (Seed) Raised To Develop Ovarian Cancer Treatments

By Amit Chowdhry ● Sep 3, 2024

Fort Collins, Colorado-based biopharmaceutical company PhotonPharma announced the closing of a $2.5 million seed financing round.

The Rounds: Inventory Management Platform Company Raises $24 Million (Series B)

By Amit Chowdhry ● Sep 3, 2024

Inventory management platform company The Rounds - a company that delivers recurring grocery and household essentials in reusable packaging - announced a $24 million Series B funding round led by Moderne Ventures, with participation from FJ Labs and existing investors, bringing the total funding to date to $66 million.

Cassidy: Business Automation Platform Company Raises $3.7 Million (Seed)

By Amit Chowdhry ● Sep 2, 2024

Business automation platform company Cassidy announced $3.7 million in seed funding led by The General Partnership, with participation from Neo, Comma Capital, Spacecadet Ventures, Ride Ventures, and angels like Erik Goldman (Co-founder of Vanta), Jason Dorfman (CEO of Orum), Zach Sims (founder of Codecademy), and other leading angels and operators.

Nucleus Security: Funding Raised From Dcode Capital

By Amit Chowdhry ● Sep 2, 2024

Nucleus Security, the enterprise leader in unified vulnerability management, announced an investment by Dcode Capital, a growth-stage venture capital firm backed by J.P. Morgan Asset Management. Dcode Capital’s funding follows Nucleus Security’s FedRAMP Moderate authorization and further validates the critical impact of the company’s Unified Vulnerability Management platform for Federal organizations.

Fabric Cryptography: $33 Million (Series A) Closed To Build Computing Chips And Cryptographic Algorithms

By Amit Chowdhry ● Sep 2, 2024

Silicon Valley-based hardware company Fabric Cryptography announced a $33 million Series A funding round to build computing chips, software and cryptographic algorithms. This round was co-led by Blockchain Capital and 1kx, with participation from leaders in the sector, such as Offchain Labs, Polygon, and Matter Labs. This follows a $6 million seed round led by Metaplanet with participation from Inflection and Liquid2 Ventures, amongst others. With this funding round, the company has raised $39 million in total.

Your Money Line: $4.5 Million (Series A) Raised To Enhance Employee Financial Health

By Amit Chowdhry ● Sep 2, 2024

AI-based employee financial wellness benefits company Your Money Line announced it raised $4.5 million in Series A funding led by Allos Ventures, with participation from First Trust Capital Partners, CareSource, and Elevate Ventures.

Cribl: IT And Security Management Company Raises $319 Million (Series E) At $3.5 Billion Valuation

By Amit Chowdhry ● Sep 2, 2024

Cribl announced it has closed a $319 million oversubscribed Series E round, comprised of a combined primary and secondary transaction. This brings the company’s total capital secured to over $600 million and increases its valuation to $3.5 billion—up 40% since the company’s Series D round in 2022.

Rise Growth Invests In Bleakley Financial Group

By Amit Chowdhry ● Sep 2, 2024

Rise Growth Partners—the wealth management industry’s first synergistic financial partner for growth-oriented registered investment advisors (RIAs)—announced an inaugural strategic minority investment in Bleakley Financial Group. Bleakley is a distinguished wealth advisory and financial planning firm with over thirty years of history, whose advisors currently service nearly $10 billion in advisory assets as of June 30.

Noetik: AI-Based Biotech Company Raises $40 Million (Series A) To Develop Cancer Therapeutics

By Amit Chowdhry ● Sep 1, 2024

Noetik - an AI-based biotech company leveraging self-supervised machine learning and high-throughput spatial data to develop next-generation cancer therapeutics - announced that it closed an oversubscribed $40 million Series A financing round. This funding was led by Polaris Partners and managing partner Amy Schulman, who will join the board of directors, with participation from new investors Khosla Ventures, Wittington Ventures, and Breakout Ventures.

Onebrief: Military Staff Workflow Platform Company Raises $53 Million

By Amit Chowdhry ● Sep 1, 2024

Onebrief—a leading software platform for military staff workflows and collaboration—announced the closing of its Series B funding round, bringing the company’s total capital raised to $53 million. Human Capital led this funding round, with participation from 9Yards Capital and Caffeinated Capital.

Skyfire Systems: AI-Based Financial Stack Company Raises $8.5 Million

By Amit Chowdhry ● Sep 1, 2024

Skyfire Systems has launched the world's first payment network built to enable fully autonomous transactions across AI Agents, LLMs, data platforms, service providers, and other goods and services. The company has also announced $8.5 million in funding from Neuberger Berman, Brevan Howard Digital, Intersection Growth Partners, DRW, Inception Capital, Arrington Capital, RedBeard Ventures, Sfermion, Circle, FBG, Gemini, Crossbeam Venture Partners, EveryRealm, Draper Associates, ARCA, and Ripple.

Cairn Surgical: Breast Cancer Locator Company Raises $4.5 Million (Series A2)

By Amit Chowdhry ● Sep 1, 2024

Cairn Surgical - an innovative medical technology company aiming to make breast cancer surgery more precise - announced that it has closed $4.5 million in a Series A2 financing led by Morningside Ventures.

PuriFire Energy: Green Hydrogen And Methanol Solutions Company Secures £2.7 Million (Seed)

By Amit Chowdhry ● Aug 30, 2024

PuriFire Energy announced it had closed a £2.7 million (US$3.5 million) seed round investment led by HICO Investment Group with participation from Bulnes Capital, R&R Investments, and Abhishek Desai.

Pangeam: Enterprise Social-Spatial Analytics AI Platform Company Secures $4.25 Million (Seed)

By Amit Chowdhry ● Aug 30, 2024

Workplace intelligence company Pangeam announced it has launched an enterprise B2B SaaS platform designed to transform office environments by deeply understanding occupants' needs and behaviors. Pangeam also announced the completion of a $4.25 million Series Seed fundraise led by Neotribe, alongside SNR Ventures, DVC, and Niremia Capital.

Miris: Spatial Computing Company Raises $26 Million (Seed)

By Amit Chowdhry ● Aug 30, 2024

Miris, a company bringing spatial computing into the streaming era, announced it launched from stealth with $26 Million in seed funding led by IAG Capital Partners.