Venture Capital

4Moving Biotech: €7.6 Million France 2030 Grant Secured

By Amit Chowdhry ● Apr 8, 2025

4Moving Biotech (4MB), a spin-off of 4P-Pharma that is developing the first potential disease-modifying drug (DMOAD) for knee osteoarthritis, announced that it has been awarded €7.6 million in funding under the France 2030 plan to accelerate the clinical development of its lead candidate, 4P004, currently in a Phase 2a trial.

Qevlar AI: $14 Million Raised For Autonomous AI SOC Analysts

By Amit Chowdhry ● Apr 8, 2025

Qevlar AI, a company behind a new class of autonomous security operations centres (SOCs), announced it has secured an additional $10 million in funding, bringing total investor commitments to $14 million. EQT Ventures and Forgepoint Capital International led the latest funding round. This includes strategic participation from Olivier Pomel (CEO of Datadog), Florian Douetteau (CEO of Dataiku), and Mehdi Ghissassi (former Director of Product at Google DeepMind).

Merida Biosciences: $121 Million Raised For Creating Therapeutics For Multiple Autoimmune And Allergic Diseases

By Amit Chowdhry ● Apr 8, 2025

Merida Biosciences, a biotechnology company advancing a new class of precision therapeutics designed to selectively and durably eliminate the pathogenic antibody drivers of multiple serious autoimmune and allergic diseases, launched today with $121 million in Series A financing. The funding was co-led by Bain Capital Life Sciences, BVF Partners, and Third Rock Ventures, joined by GV and Perceptive Xontogeny Venture Funds (PXV Funds).

Portnox: $37.5 Million (Series B) Closed To Transform Zero Trust Security

By Amit Chowdhry ● Apr 8, 2025

Portnox, a provider of cloud-native, zero-trust access control solutions, today announced it has closed a $37.5 million Series B funding round, led by Updata Partners. This brings the total investment in the company to $59.5 million.

Sipay: $78 Million (Series B) Raised At $875 Million Valuation For Payment And Embedded Finance Platform

By Amit Chowdhry ● Apr 8, 2025

Sipay, a leading payment and embedded finance platform for businesses and consumers in Turkey, announced a $78 million Series B funding round, hitting a valuation of over $875 million. Elephant VC led the round, which was participated in by Nik Storonsky’s VC firm QuantumLight.

Corsha: $18 Million (Series A-1) Closed For Machine-To-Machine Traffic For Critical Infrastructure

By Amit Chowdhry ● Apr 8, 2025

Corsha, a leader in securing machine-to-machine (M2M) traffic for operational systems and critical infrastructure, announced an $18 million Series A-1 funding round led by SineWave Ventures, with participation from Razor's Edge Ventures and Ten Eleven Ventures.

Plug: $6.7 Million (Seed) Funding Raised For EV-Exclusive Wholesale Auction Platform

By Amit Chowdhry ● Apr 8, 2025

Plug, an EV-exclusive wholesale online auction platform, announced it is expanding its offerings with the launch of Trade Desk. Trade Desk is the first EV-focused service to help dealers confidently price, move, and monetize trade-ins.

Skylight: $50 Million Secured To Build Products For Improving Family Life

By Amit Chowdhry ● Apr 8, 2025

Skylight, a company building the operating system for families, has secured a $50 million loan through an expanded partnership with SG Credit Partners and new partner Wingspire Capital. The financing will further support Skylight's goal of meeting the surging demand for its innovative technology.

heyLibby: $4.5 Million Secured For Gym-Focused AI Receptionist Technology

By Amit Chowdhry ● Apr 8, 2025

heyLibby, an AI-based team member for fitness, wellness, and recreation businesses, announced it has raised $4.5 million in seed funding led by Aglaé Ventures and Vertical Venture Partners. This funding round will advance the company's expansion and accelerate AI advancements that help fitness and wellness businesses streamline customer communication, reduce churn, and drive revenue.

Hello Soju: $6.8 Million Secured For Korean Beverage Inspired Brand

By Amit Chowdhry ● Apr 8, 2025

Hello Soju, a ready-to-drink sparkling soju brand born at the intersection of Korean and California culture, announced the closing of a $6.8 million funding round. The round was led by a personal investment from Ted Schlein of Kleiner Perkins and Ballistic Ventures and supported by Hello Soju's parent company, THG.

UNC Unveils AI-Based Accelerator In Collaboration With KPMG

By Amit Chowdhry ● Apr 8, 2025

Launch Chapel Hill recently announced it is joining forces with KPMG, a leader in professional services, to introduce Launch, Powered by KPMG, an AI-enabled accelerator program with Launch Chapel Hill that redefines how startups transition from ideation to commercialization.