Venture Capital

Decarbonization Partners: $1.4 Billion Closed For Partners Fund I

By Amit Chowdhry ● Apr 29, 2024

Decarbonization Partners, a partnership between BlackRock and Temasek focused on investing in next-generation companies that support the acceleration of decarbonization and the transition to a net-zero economy, announced the final closing of $1.4 billion for its inaugural late-stage venture capital and growth private equity investment fund, The Decarbonization Partners Fund I. This surpasses the fundraising target of $1 billion.

Yoneda Labs: $4 Million Secured To Help Chemists Build Foundational Models

By Amit Chowdhry ● Apr 28, 2024

Yoneda Labs, a company that went through the Y Combinator startup accelerator and is building a foundation model for chemists working in drug discovery, announced it has raised $4 million in seed capital from Khosla Ventures, 500 Emerging Europe, 468 Capital, Fellows Fund, and Y Combinator.

ThreatLocker: Zero Trust Endpoint Security Solution Company Raises $115 Million

By Amit Chowdhry ● Apr 28, 2024

ThreatLocker, a global cybersecurity leader offering a Zero Trust endpoint security solution, announced it has raised $115 million in Series D funding led by existing investor General Atlantic with participation from other significant investors StepStone Group and the D. E. Shaw group.

Vixtra: Importer Credit Company Raises $36 Million

By Amit Chowdhry ● Apr 28, 2024

Vixtra, a fintech company that specializes in providing credit for importers and the only company in the market that enables merchandise in transit to be used as credit collateral, has secured $30 million through a debit facility with asset managers like Capitânia, Verde, Credit Saison, and Contea. Along with the funding round, the company also received a new investment of $6 million in a seed extension, bringing the total raised to $36 million.

Tines: Workflow Platform Company Raises $50 Million

By Amit Chowdhry ● Apr 28, 2024

Tines, a leader in secure workflows, announced $50 million in a new round of funding as an extension to its Series B funding round, which was led by Accel and Felicis and participated in by Addition, CrowdStrike Falcon Fund, and SVCI, all pre-existing investors in the company. This funding round brought the total capital raised by Tines to date to $146.2 million.

Aropha: $1 Million Raised To Transform Biodegradable Material Testing Using AI And Lab Automation

By Amit Chowdhry ● Apr 28, 2024

Aropha, a leading lab focused on enhancing biodegradable material discovery and testing through lab automation and AI predictive modeling, announced that it has raised $1 million in a Series Seed funding round. Comeback Capital led the round, which also included Lightbank and Right Side Capital Management (RSCM).

BforeAI: Predictive Security Company Closes $15 Million In Funding

By Amit Chowdhry ● Apr 28, 2024

BforeAI, a predictive security pioneer, announced $15 million in Series A funding led by SYN Ventures, with renewed participation from early investors Karma Ventures, Karista, Addendum Capital, and a new investment from the Partnership Fund for New York City.

MARKT-PILOT: $43 Million Secured To Optimize The Machine Manufacturing Spare Parts Business

By Amit Chowdhry ● Apr 28, 2024

MARKT-PILOT announced the completion of one of Europe's largest Series A funding rounds, led by global software investor Insight Partners with participation from existing investor Capnamic. The company will use the funding further to expand its business in Europe and the US, solidifying its position as a global player in the manufacturing market.

Summer Health: Pediatric Digital Health Company Raises $11.65 Million

By Amit Chowdhry ● Apr 28, 2024

Summer Health, a digital health company providing 24/7 pediatric support to parents, announced $11.65 million in Series A Funding, co-led by new investor 7wire Ventures and returning investor Lux Capital. Returning investors include Sequoia Capital, Metrodora Ventures, Box Group, and Shrug Capital, who participated, with new participation from Pivotal Ventures (a Melinda French Gates company) and Leaps by Bayer. And Alfred Lin of Sequoia Capital, Deena Shakir of Lux Capital, Alyssa Jaffee of 7wire Ventures, and Chelsea Clinton of Metrodora Ventures are also joining the Summer board.

Parloa: AI-Powered Customer Service Automation Platform Raises $66 Million

By Amit Chowdhry ● Apr 28, 2024

Parloa, a leader in AI-powered automation for customer service, announced that it had raised $66 million in Series B funding led by Altimeter Capital, with participation from new and existing investors EQT Ventures, Newion, Senovo, Mosaic Ventures, and La Famiglia Growth.

Endeavor BioMedicines: $132.5 Million Secured To Develop Clinical Benefits To Patients With Life-Threatening Diseases

By Amit Chowdhry ● Apr 28, 2024

Endeavor BioMedicines, a clinical-stage biotechnology company developing medicines with the potential for delivering transformational clinical benefits to patients with life-threatening diseases, announced the closing of a $132.5 million Series C funding round, including the conversion of a $5 million convertible instrument.

Keep Company: $1.4 Million Raised And Zvi Band Named CTO

By Amit Chowdhry ● Apr 28, 2024

Keep Company, an employer-offered benefit that helps prevent burnout and attrition of working parents and caregivers, announced a successful funding round of $1.4 million with participation from Techstars, Idea Fund Partners, VEST Her Ventures, 100KM, Pixel Perfect Ventures, and TEDCO. And Keep Company has raised over $2 million to date.

401GO: Retirement Plan Provider Company Secures $12 Million

By Amit Chowdhry ● Apr 28, 2024

401GO, a next-generation retirement plan provider for employers, advisors, and individuals, announced the completion of its $12 million Series A funding round led by Next Frontier Capital. Additional investors include Rally Ventures, which joined existing investors Impression Ventures and Stout Street Capital.

University Of Houston And Rice University Reveal 2024 Business Accelerator Cohort

By Amit Chowdhry ● Apr 28, 2024

The University of Houston and Rice University continue their 11-year collaboration to support Houston entrepreneurship by announcing the latest cohort of their startup and small business accelerators RED Labs and OwlSpark. This summer, the accelerators will host their ventures at the Ion, the heart of the Houston innovation corridor in Midtown.

RWX Launches Mint Platform And Reveals $7 Million Seed Funding

By Amit Chowdhry ● Apr 28, 2024

RWX, a company building the best developer experience in Continuous Integration, announced it launched a new platform called Mint. And the company also disclosed that it raised a $7 million in seed funding round led by Quiet Capital in 2022.

Alaffia Health: Health Plan Claim Operations Company Secures $10 Million

By Amit Chowdhry ● Apr 28, 2024

Alaffia Health, a leader in generative AI for health plan claim operations, announced $10 million in Series A funding, bringing its total amount of capital raised to $17.6 million. FirstMark Capital led the round, including GingerBread Capital and existing investors Anthemis, Aperture Venture Capital, 1984 Ventures, Remarkable Ventures, and Tau Ventures.

Sublime Security: AI-Powered Programmable Email Security Company Raises $20 Million

By Amit Chowdhry ● Apr 28, 2024

Sublime Security, an AI-powered programmable email security platform, announced that it has raised $20 million in Series A funding. Index Ventures led the round, which included previous investors Decibel Partners and Slow Ventures.

Nooks: AI Dialing And Prospecting Platform Raises $22 Million

By Amit Chowdhry ● Apr 28, 2024

Nooks, a rapidly growing AI dialing and prospecting platform, announced that it had raised $22 million in Series A funding. This round, led by Lachy Groom and including participation from Tola Capital and Stifel Venture Banking, brought Nooks' total funding to $27 million.

Dripos: Coffee Shop Platform Raises $11 Million

By Amit Chowdhry ● Apr 27, 2024

Dripos, a platform built specifically for coffee shops, announced a $11 million Series A funding round led by Base10. This funding will fuel Dripos' continued goal to transform coffee shops' operations. The company's co-founders have over eight years of experience in building food tech startups, with multiple ventures backed by startup accelerator Y Combinator.

Anon: AI Access And Control Developer Platform Company Secures $6.5 Million

By Amit Chowdhry ● Apr 27, 2024

Anon, a developer platform empowering secure AI access and control to user accounts online, announced $6.5 million in funding and a powerful toolkit that unlocks the full potential of AI applications. Driven by investment from Union Square Ventures and Abstract Ventures (seed lead investors) and early support from Impatient Ventures and ex/ante (pre-seed lead investors), Anon is prepared to transform how developers build and deploy AI. Strategic angel investors in the round include Ryan Hoover (founder of Product Hunt), Gokul Rajaram (early Google, Square, and Doordash), Scott Belsky (founder of Behance and CPO at Adobe), and Amjad Masad (co-founder/CEO at Replit).

Variantyx: Molecular Diagnostics Company Closes $36 Million In Funding

By Amit Chowdhry ● Apr 27, 2024

Variantyx, a molecular diagnostics leader, announced that it had secured an additional $36 million in funding from its portfolio of investors, which includes Peregrine Ventures, Pitango HealthTech, New Era Capital Partners, and Bosch Ventures.

Handl: $2.5 Million Raised To Help Benefits Consultants Deliver Affordable Health Benefits

By Amit Chowdhry ● Apr 27, 2024

Handl Health, an AI platform built to help benefits consultants design and deliver affordable health benefits, announced an oversubscribed $2.5 million seed funding round initiated by Mucker Capital and Everywhere VC, with participation from Tau Ventures, Riverfront Ventures, Digital Health Venture Partners (DHVP), Boutique Venture Partners, Plug and Play Ventures and Techstars. This funding round will enable Handl Health to realize its goal of transforming employer-sponsored healthcare through data-driven health plan design and management.

Midi Health: Virtual Care Clinic For Women Raises $60 Million

By Amit Chowdhry ● Apr 26, 2024

Midi Health, a rapidly growing virtual care clinic for women navigating perimenopause and menopause, announced the closing of a $60 million Series B funding round led by Emerson Collective, bringing the company’s total funding raised to date to $100 million.

Nanostics: Funding Raised From The University Of Alberta Innovation Fund

By Amit Chowdhry ● Apr 26, 2024

Nanostics, a precision health company developing diagnostic tests with its ClarityDX platform technology, announced that it received an investment from the University of Alberta Innovation Fund (UAIF) to help drive the adoption of Nanostics' ClarityDX Prostate test in North America.

Xaira Therapeutics: Over $1 Billion Raised To Transform Drug Discovery And Development Processes

By Amit Chowdhry ● Apr 26, 2024

Xaira Therapeutics has launched with a mission to help re-engineer the way we discover and develop medicines through the end-to-end application of emerging AI technologies. A joint incubation by ARCH Venture Partners and Foresite Labs, Xaira launched with over $1 billion of committed capital from lead investors ARCH Venture Partners and Foresite Capital, joined by F-Prime, NEA, Sequoia Capital, Lux Capital, Lightspeed Venture Partners, Menlo Ventures, Two Sigma Ventures, the Parker Institute for Cancer Immunotherapy (PICI), Byers Capital, Rsquared, and SV Angel, and others.

IANS Research: Strategic Investment Raised From The Apax Digital Funds

By Amit Chowdhry ● Apr 26, 2024

IANS Research, a provider of independent research and advisory services for the information security industry, has announced a new strategic funding round from the Apax Digital Fund II (the Apax Digital Funds).

Prime Intellect: Open And Decentralized AI Platform Company Raises $5.5 Million

By Amit Chowdhry ● Apr 26, 2024

Prime Intellect, an open and decentralized AI platform and protocol democratizing access to computing and intelligence, announced a $5.5 million seed funding round co-led by Distributed Global and CoinFund with participation from Compound, Collab+Currency, and Filecoin Creator Juan Benet with Protocol Labs, and renowned angel investors including Hugging Face CEO Clem Delangue.

LiveMode: Strategic Minority Investment Raised From General Atlantic And XP

By Amit Chowdhry ● Apr 26, 2024

Prophet Security: $11 Million Closed To Transform Security Operations

By Amit Chowdhry ● Apr 26, 2024

Prophet Security announced it emerged from stealth with $11 million in seed financing led by Bain Capital Ventures (BCV) with participation from several security leaders and angel investors.

Augment: AI Coding Assistance Company Raises $227 Million At $977 Million Valuation

By Amit Chowdhry ● Apr 25, 2024

AI coding assistance startup Augment has emerged from stealth and announced a $227 million Series B funding round at a $977 million post-money valuation with investments from Sutter Hill Ventures, Index Ventures, Innovation Endeavors, Lightspeed Venture Partners, and Meritech Capital. Including this round of funding, Augment has raised a total of $252 million, including the $25 million Series A funding round led by Sutter Hill Ventures.