Venture Capital

HDM Solar: Renewable Energy Product Wholesaler Raises £10.2 Million

By Dan Anderson ● Jan 30, 2024

HDM Solar - one of the UK's fastest-growing wholesalers of renewable energy products - announced a major £10.2 million funding boost led by a multi-million-pound equity investment from Angel Invest in Berlin and supported by UK-based DF Capital.

Haven Energy: Climate Tech Company Raises $7 Million

By Amit Chowdhry ● Jan 30, 2024

Haven Energy - a climate tech company that is accelerating the adoption of home battery systems - announced a total of $7 million in Series A funding. The funding round includes returning investors Lerer Hippeau, Giant Ventures, and Raven One Ventures, and new participation from Comcast Ventures, LifeX, TO VC and Habitat Partners.

Boston Micro Fabrication: 30% YoY Growth And Series D Funding Round

By Annie Baker ● Jan 30, 2024

Boston Micro Fabrication (BMF) - a leader in advanced manufacturing solutions for ultra-high precision applications - recently closed a landmark year where the company experienced 30% sales growth.

Generation Lab Raises Funding And Emerges From Stealth Mode

By Amit Chowdhry ● Jan 30, 2024

Generation Lab - a company that is extending the human healthspan with the first test based on biomedical evidence that measures an individual’s biological age progression - has officially launched today out of stealth. And the company is announcing its pre-seed funding and the opening of its test kit waitlist.

Inari: $103 Million Raised To Transform The Food System Through Positive Change

By Amit Chowdhry ● Jan 30, 2024

Inari announced the completion of a $103 million fundraise, bringing its cumulative equity raised to more than $575 million. The successful funding round signals confidence in Inari's ability to develop and commercialize higher-yielding seeds that require fewer resources, using AI-powered predictive design and multiplex gene editing.

Inoviv: Funding Raised To Expand Quantitative Proteomics Product Offerings

By Annie Baker ● Jan 30, 2024

Biomarker company Inoviv announced it has secured significant funding from venture capital firm Hoxton Ventures and leading investment manager Foresight Group to expand the delivery of highly accurate, fully quantitative targeted biomarker workflows and panels.

Enterprise Therapeutics: £26 Million Series B Follow-On Financing Raised

By Noah Long ● Jan 30, 2024

Enterprise Therapeutics - a biopharmaceutical company dedicated to the discovery and development of novel therapies to improve the lives of patients suffering from respiratory disease - announced that it has closed a £26 million ($33.1 million USD) Series B follow-on financing round, led by Panakes Partners. And existing investors Versant Ventures, Novartis Venture Fund, Forbion, Epidarex Capital and IP Group also participated.

Kore.ai: Enterprise Conversational AI Company Raises $150 Million Strategic Growth Funding

By Amit Chowdhry ● Jan 30, 2024

Kore.ai - a leader in enterprise conversational and generative AI platform technology - announced $150 million in funding. This strategic investment was led by FTV Capital, a sector-focused growth equity investor with a successful track record of over 25 years investing across enterprise technology and with participation from NVIDIA and existing investors such as Vistara Growth, Sweetwater PE, NextEquity, Nicola, and Beedie.

DirectBooks Raises Strategic Funding From Mizuho Americas

By Amit Chowdhry ● Jan 30, 2024

Mizuho Americas announced a strategic investment in DirectBooks, a leading primary markets communications platform. Through this funding, Mizuho will join the board of directors and work directly with other top-tier investment banks to enhance capital markets globally.

Cultivo: $14 Million Secured To Accelerate Investment Into Nature At Scale

By Annie Baker ● Jan 30, 2024

Cultivo announced it has raised $14 million in Series A funding to accelerate its mission to unlock investment into regenerating nature at scale through high-quality projects. This funding round, co-led by MassMutual Ventures and Octopus Energy Generation, with participation from Salkantay Ventures and Peña Verde, will speed up the business’ growth and bring Cultivo’s total funding to over $20 million.

COUR Pharmaceuticals: $105 Million Raised To Develop Therapies Designed To Reprogram The Immune System

By Amit Chowdhry ● Jan 30, 2024

COUR Pharmaceuticals - a clinical-stage biotechnology company focused on the development of ﬁrst-in-class, disease-modifying therapies designed to induce antigen-speciﬁc tolerance for immune-mediated diseases - announced the closing of a Series A investment round, securing about $105 million in financing.

Walter Global Asset Management Acquires Minority Stake In Madryn Asset Management

By Amit Chowdhry ● Jan 30, 2024

Walter Global Asset Management (Walter GAM) announced that it has acquired a minority stake in Madryn Asset Management.

Compliance Risk Concepts Raises Strategic Investment From MidOcean Partners

By Noah Long ● Jan 30, 2024

Compliance Risk Concepts (CRC) - through its parent company Re-Sourcing Group - has received a significant investment from MidOcean Partners to advance its position as a valued compliance partner to the financial services industry.

Portal: $34 Million Raised To Develop Decentralized Bitcoin-Based Exchange

By Annie Baker ● Jan 30, 2024

Portal - a fintech provider advancing financial self-sovereignty with robust technology for seamless access to Bitcoin and diverse cryptocurrency markets - announced it had exited stealth mode and raised $34 million in seed funding. The investors that participated in the round include Coinbase Ventures, Arrington Capital, OKX Ventures, Gate.io, and many other high-profile fintech and crypto investors.

CollisionRight Raises Funding From Summit Partners

By Annie Baker ● Jan 30, 2024

CollisionRight - a leading consolidator of automotive collision repair shops in the US - announced a majority investment from Summit Partners, a leading growth equity investment firm. The new funding round will help support CollisionRight’s growth plan, which is focused on acquiring and operating high-quality, customer-friendly collision repair shops across the Central United States and Mid-Atlantic regions.

Codeium: $65 Million Secured For Bringing Generative AI To Software Coding

By Amit Chowdhry ● Jan 30, 2024

Codeium has announced it has raised a $65 million Series B round to help software developers supercharge their workflows with generative AI-powered capabilities. The funding round was led by Kleiner Perkins with participation from repeat investor Greenoaks and General Catalyst.

Carcinotech: 3D Printed Micro-Tumor Technology Company Raises $5.3 Million

By Noah Long ● Jan 30, 2024

Carcinotech announced it has raised $5.3 million of funding as the company looks to build on its traction in the UK and Europe, with US expansion planned later this year.

Boston Metal: Metals Technology Solutions Company Closes $20 Million

By Amit Chowdhry ● Jan 30, 2024

Boston Metal - a global metals technology solutions company - announced a $20 million Series C2 investment from Marunouchi Innovation Partners. This new funding round brings the series total to $282 million.

Roofer.com: Roofing Data Company Raises $7.5 Million

By Annie Baker ● Jan 30, 2024

Roofer.com - an AI-based technology company in the roofing industry - announced that it had raised a $7.5 million Seed round led by Mucker Capital with participation from Soma Capital, HF0, Asymmetric Capital Partners, Alumni Ventures, HustleFund, The Council, GoAhead Ventures, Mirada Capital and several prominent angels such as the Founder and CEO of Mercury and the Founder and CEO of ParkHub.

SER Capital Partners Raises Strategic Investment From Capricorn Investment Group

By Amit Chowdhry ● Jan 30, 2024

SER Capital Partners has announced a strategic minority investment from Capricorn Investment Group’s Sustainable Investors Fund. SER is led by partners Rahul Advani, Sara Graziano, and Rhem Wooten. The partners will continue to control, lead, and manage the minority and woman-owned firm.

Audience Town: Consumer Intelligence Company Raises Additional Funding Round

By Annie Baker ● Jan 30, 2024

Audience Town - a consumer intelligence platform that has advanced data analytics and insights for the real estate industry - announced an additional round of funding led by existing lead investors Wasatch Equity Partners.

Tau Group: €11 Million Extension Raised To Drive Energy Transition Efforts

By Noah Long ● Jan 30, 2024

Tau Group, a leading technology company driving energy transition and decarbonization efforts establishing a new global standard in electric motor insulated wire, announced it successfully closed a €11 million extension to its Series-B funding round.

AQEMIA Increases Series A Funding To €60 Million

By Annie Baker ● Jan 30, 2024

AQEMIA is a company that is continuing to grow rapidly in an effort to discover new drugs with their generative-AI fueled by deep physics. After raising €30 million last year, the tech-enabled drug discovery company announced it has received an additional €30 million investment, which brings the Series A funding round to €60 million.

Afton Scientific Raises Majority Investment From Arlington Capital Partners

By Annie Baker ● Jan 30, 2024

Arlington Capital Partners, a Washington D.C.-area private investment firm specializing in government-regulated industries, announced a majority investment in Afton Scientific, a leading contract, development, and manufacturing organization (CDMO) dedicated to the sterile manufacturing of injectable pharmaceuticals.

TeleSafety Raises Seed Funding Round Led By Launch NY

By Dan Anderson ● Jan 30, 2024

TeleSafety (by Safety Badger) recently announced a round of Seed Funding led by Launch NY, which provides mentoring and access to risk capital for high-growth startups.

Vital Interaction: Healthcare Technology Company Secures $15 Million

By Annie Baker ● Jan 30, 2024

Vital Interaction - a healthcare technology company that combines healthcare data, business intelligence, and workflow automation - announced the closing of $15 million in Series A funding led by Next Coast Ventures.

AcuraStem: Patient-Based Drug Discovery Platform Company Secures $7 Million

By Noah Long ● Jan 30, 2024

AcuraStem - a patient-based biotechnology company advancing treatments for amyotrophic lateral sclerosis (ALS), frontotemporal dementia (FTD), and other neurodegenerative diseases - announced that it has successfully raised nearly $7 million in grant funding for ALS / FTD research from the National Institutes of Health (NIH) and the Department of Defense (DOD).

Wisedocs: Medical Record Review SaaS Company Secures $12.7 Million

By Annie Baker ● Jan 30, 2024

Wisedocs - a machine learning software-as-a-service (SaaS) for medical record review, indexing, and summarization announced it has raised $9.5 million ($12.7 million CAD) in oversubscribed Series A financing.

Acadian Ventures: $30 Million Fund II Closed To Invest In Next-Gen Technologies

By Amit Chowdhry ● Jan 30, 2024

Acadian Ventures - an early-stage venture capital firm - announced the successful close of its second fund on an oversubscribed $30 million in capital commitments.

Woods Hole Oceanographic Institution: $25 Million Gift Received To Search For Ocean-Based Climate Solutions

By Amit Chowdhry ● Jan 30, 2024

The Woods Hole Oceanographic Institution (WHOI) announced a $25 million gift to support ocean-based climate solutions from the chair of the Institution’s board of trustees, Paul Salem. This gift comes as it has been the warmest year on record and faces the possibility of rapid and unregulated efforts to mitigate climate change.