Venture Capital

Agilitas Energy: Energy Storage And Solar Photovoltaic Company Secures $100 Million

By Amit Chowdhry ● Apr 30, 2024

Agilitas Energy, the largest integrated developer, builder, owner, and operator of distributed energy storage and solar photovoltaic (PV) systems in the northeastern U.S., announced the closing of $100 million in debt financing to fund its growth and continued national expansion.

Thintronics: Electronic Materials Company Closes $23 Million

By Amit Chowdhry ● Apr 30, 2024

Thintronics is a California-based electronic materials startup that supplies high-performance insulators for emerging AI data centers, networking, and RF/millimeter-wave (mmW) applications. It raised a $23 million Series A funding round, led by Maverick Capital and Translink Capital. The funding will support the commercialization of a novel insulator platform.

Dropzone AI: $16.85 Million Raised To Help SecOps Teams With Autonomous Investigations

By Amit Chowdhry ● Apr 30, 2024

Dropzone AI, a developer of AI security analysts for security operations teams, announced it has raised $16.85 million in Series A funding. Theory Ventures led the funding round, adding to the company's cohort of existing investors Decibel Partners, Pioneer Square Ventures, and In-Q-Tel (IQT). Carta CISO Garrett Held, Head of Security at Postman Joshua Scott, and Integreon President and Head of Cyber Solutions Anshu Gupta participated in the Series A round. Theory Ventures founder Tomasz Tunguz will also join the board in connection with the investment. Dropzone will use this new funding round to continue scaling its GTM motion and its engineering team.

Blaize: High-Performance Computing AI Processing Solutions Company Raises $106 Million

By Amit Chowdhry ● Apr 30, 2024

Blaize, an AI computing innovator transforming edge computing solutions, announced it has raised $106 million from existing investors, including Bess Ventures, Franklin Templeton, DENSO, Mercedes Benz, and Temasek and new investors Rizvi Traverse, Ava Investors and BurTech LP.

On.Energy: Integrated Energy Storage Solutions Provider Secures $25 Million

By Amit Chowdhry ● Apr 30, 2024

On.Energy, a growing electric power asset owner and proven end-to-end integrator of battery energy storage systems (BESS) announced it had closed a senior secured first lien facility with Lombard Odier Investment Managers (LOIM) on behalf of funds under its management, including the LOIM Sustainable Private Credit Strategy.

FlexAI: Universal AI Compute Company Raises €28.5 Million

By Amit Chowdhry ● Apr 30, 2024

FlexAI, a universal AI compute company, has launched with €28.5 million ($30 million) in seed funding led by Alpha Intelligence Capital (AIC), Elaia Partners, and Heartcore Capital. The additional investors include Bpifrance, Frst Capital, Motier Ventures, Partech, and InstaDeep CEO Karim Beguir.

WindRose Health: Majority Growth Investment In Subjectwell Completed

By Amit Chowdhry ● Apr 30, 2024

WindRose Health Investors, a New York-based healthcare private equity firm, announced it has completed the acquisition of SubjectWell, the patient access marketplace that connects people with health conditions to care options. The terms of the deal were not disclosed.

Pipedream: Autonomous Underground Company Raises $13 Million

By Amit Chowdhry ● Apr 30, 2024

Pipedream, an autonomous underground rail system that offers near-instantaneous delivery of objects to and from homes and businesses, announced that it has raised $13 million in funding. This funding round was led by Starship Ventures, with participation from Cortado Ventures, Myelin Ventures, and many other angels and firms.

Flindr Therapeutics: Precision Oncology Company Raises €20 Million

By Amit Chowdhry ● Apr 30, 2024

Flindr Therapeutics, a precision oncology therapeutics company, announced a €20 million Series A funding to advance its pipeline of small molecule inhibitors for cancer treatment. V-Bio Ventures led the funding along with other new investors Johnson & Johnson Innovation -- JJDC, Inc. (JJDC), QBIC Fund, Flanders Future Tech Fund, and Curie Capital, as well as existing investors Oncode Oncology Bridge Fund, Swanbridge and Brabantse Ontwikkelings Maatschappij (BOM).

Suzano Ventures Investing Up To $5 Million In Bioform Technologies

By Amit Chowdhry ● Apr 30, 2024

Suzano Ventures (the corporate venture capital arm of Suzano, the world’s largest market pulp producer) announced it has invested strategically into the Canadian materials science startup Bioform Technologies.

Bump: Creator Financing Platform Company Secures $3 Million

By Amit Chowdhry ● Apr 30, 2024

Bump, a wealth technology and financing platform for creators, announced that it has raised $3 million in seed funding. The investors in the round include Impact X Capital, Capitalize VC, Serac Ventures, Tristan Walker's Heirloom Ventures, Plug and Play, Symphonic Capital, Gaingels, and Mana Ventures. And existing investors include Snap Inc, H/L Ventures, Connetic Ventures and Sixty8 Capital.

RevOpsis: $16.5 Million Raised For Developing Ophthalmic Therapies

By Amit Chowdhry ● Apr 30, 2024

RevOpsis Therapeutics, a next-generation biopharmaceutical company driving innovation in ophthalmic therapies, announced it successfully closed its first seed funding round, raising $16.5 million to accelerate its goal to develop and commercialize treatments for chronic multifactorial diseases through the company's fully human multispecific proprietary Rev-Mod Platform.

Diddo: $2.8 Million Secured To Enable Viewers To Buy The Products They See On Any Screen

By Amit Chowdhry ● Apr 30, 2024

Diddo announced that it has raised $2.8 million in a seed funding round led by Link Ventures. The other investors and supporters include Neo (Lamar Advertising's family office), Scott Forrestal, and executives from companies such as Disney, Sundance TV, and MGM+. The company has signed deals with seven streaming platforms and is expected to add others by Q2.

Pine Gate Renewables: $650 Million Raised From Generate Capital, HOOPP, And HESTA

By Amit Chowdhry ● Apr 30, 2024

Pine Gate Renewables announced the final closing of a $650 million investment from Generate Capital, the Healthcare of Ontario Pension Plan (HOOPP), and HESTA. This funding will accelerate Pine Gate’s work as a national developer, owner, and operator of clean energy projects and will support the financing of an incremental three gigawatts (GW) of clean energy infrastructure by 2025.

Thomvest Ventures: An Interview With Managing Director Umesh Padval

By Amit Chowdhry ● Apr 30, 2024

Thomvest Ventures is a cross-stage venture capital fund based in Silicon Valley and Toronto. The firm is investing the capital of one individual Peter Thomson - whose family owns the majority of Thomson Reuters. Peter started Thomvest Ventures in 1996 and has invested in over 75 private companies since that time. Pulse 2.0 interviewed one of Thomvest’s managing directors Umesh Padval to learn more about the firm.

Twill Payments Closes Pre-Seed Funding Round To Democratize Data Analytics For SMEs

By Amit Chowdhry ● Apr 30, 2024

Churnkey: Subscription Retention Automation Company Raises $1.5 Million

By Amit Chowdhry ● Apr 30, 2024

Churnkey, a leading provider of subscription retention automation software, announced it raised $1.5 million from CreativeCo to accelerate its growth.

RevenueCat: Subscription Management Platform Company Secures $12 Million

By Amit Chowdhry ● Apr 30, 2024

RevenueCat CEO Jacob Eiting revealed that the company has raised $12 million in funding, led by Adjacent. Other investors who joined the round include Y Combinator, Index Ventures, Volo Ventures, and SaaStr Fund. Nico Wittenborn of Adjacent will join the board. RevenueCat had raised $56 million before this funding round, bringing its total to over $68 million.

Moso: Shop-To-Earn Platform Company Raises $2 Million

By Amit Chowdhry ● Apr 29, 2024

Moso, a shop-to-earn platform that seamlessly merges online shopping with cryptocurrency, announced the successful completion of its $2 million seed funding round. This funding round attracted investment from prominent backers like Symbolic Capital, Dao5, Coinlist, Polygon Ventures, and several strategic angels.

Wheelhouse: Minority Investment Raised From Alignment Growth

By Amit Chowdhry ● Apr 29, 2024

Wheelhouse, an independent content and talent platform, announced its first outside capital raise. The funding round was led by investment firm Alignment Growth and will enable Wheelhouse to build an infrastructure that brings in industry-leading talent and accelerates growth via strategic acquisitions. As part of the deal, Alignment Growth Partner Jeff Bewkes joins the Wheelhouse Board of Directors.

Movement Labs: Blockchain Development Company Raises $38 Million

By Amit Chowdhry ● Apr 29, 2024

Movement Labs, a blockchain development team, announced it has secured $38 million in a Series A financing round led by Polychain Capital. The funding round will support the company's mission to bring Facebook's Move Virtual Machine to Ethereum, address smart contract vulnerabilities, and enhance transaction throughput.

Cerevance: $47 Million Closed To Develop Precision Novel Therapeutics For Central Nervous System Diseases

By Amit Chowdhry ● Apr 29, 2024

Cerevance, a company focused on developing precision novel therapeutics for central nervous system (CNS) diseases, announced an initial closing of its Series B-1 Extension financing round that will add $47 million to the $51 million previously raised, bringing the total Series B-1 raise to $98 million.

PinkDx: $40 Million Secured To Impact The Health Of Women

By Amit Chowdhry ● Apr 29, 2024

PinkDx, an early-stage company focused on positively impacting the health of women throughout their life journey, has launched with $40 million in Series A funding. The funding was co-led by Catalio Capital Management, LP, and The Production Board. And other investors include Mountain Group Partners, Byers Capital and Mayo Clinic.

neurocare: Personalized Mental Healthcare Company Secures €16 Million

By Amit Chowdhry ● Apr 29, 2024

TVM Capital Healthcare, a specialist healthcare private equity firm based in Dubai and Singapore, announced a €16 million investment into Munich-headquartered neurocare, which is a leading innovator in personalized mental health care that is offering solutions to empower clinicians to deliver the best care to their patients.

Treefera: AI-Enabled Data Management Company Raises $12 Million

By Amit Chowdhry ● Apr 29, 2024

Treefera, an AI-enabled data management platform focused on bringing transparency and accuracy to nature-based asset reporting like carbon credits and supply chain sustainability, announced a $12 million Series A funding round led by AlbionVC. This funding round comes only seven months after the announcement of the company’s $2.2 million pre-seed funding round.

CARV: Gaming And AI Data Layer Company Closes $10 Million

By Amit Chowdhry ● Apr 29, 2024

CARV, a modular data layer for gaming and AI, announced a $10 million Series A funding round on the heels of its recent strategic funding round. With this new funding round from industry leaders, CARV will double down on building the most significant modular data layer for gaming and AI, maximizing data innovation.

Log10: $7.2 Million Closed To Help Developers Build LLM-Powered Applications

By Amit Chowdhry ● Apr 29, 2024

Log10, a company proven to help developers build and scale more accurate LLM-powered applications, announced it has raised $7.2 million in seed funding. The seed funding round was led by TQ Ventures and Quiet Capital with participation from Essence Venture Capital.

Transcripta Bio: $10 Million Raised To Speed Up Drug Discovery With Lower Risk

By Amit Chowdhry ● Apr 29, 2024

Transcripta Bio, a company focused on drug discovery at unprecedented speed and scale, with lower risk and higher certainty across multiple diseases in parallel, announced its launch with $10 million in funding.

UserHub: $3.2 Million Closed To Help SaaS Companies With Monetization Capabilities

By Amit Chowdhry ● Apr 29, 2024

UserHub, a startup that wants to make modern and scalable monetization capabilities attainable for software businesses of all sizes, announced it raised $3.2 million in funding. This funding round was led by Berlin-based venture capital company 468 Capital. And other notable investors include Plaid founder Zach Perret’s Mischief Capital, Tokyo Black, GTMfund, Lorimer Ventures, Nomad Cap, and Alumni Ventures.

Growcer: $3 Million Secured To Help Grow Food With Modular Vertical Farms

By Amit Chowdhry ● Apr 29, 2024

The Growcer, a Canadian company enabling anyone to grow food year-round with its modular vertical farms, announced it raised $3 million to accelerate its strong growth. This funding round was led by strategic investors Modern Niagara, Jeff Westeinde, and former Farm Boy Co-CEO Jeff York.