Venture Capital

flyExclusive Raises $25 Million Strategic Investment from ETG FE, LLC

By Annie Baker ● Jan 29, 2024

flyExclusive - a publicly-traded provider of premium private jet charter experiences - announced the execution of a two-year revolving credit facility for up to $25.8 million with ETG FE LLC, an investment vehicle managed by EnTrust Global.

Peachtree Group: $750 Million In CPACE Financing Nearly Complete

By Amit Chowdhry ● Jan 29, 2024

In December, Peachtree Group achieved a significant milestone by securing $150 million in Commercial PACE (CPACE) financing, approaching $750 million completed since its inception in 2019. For the year, Peachtree Group completed 23 commercial property-assessed clean energy financing transactions across the U.S. for approximately $250 million in directly originated and balance-sheet-funded CPACE financing.

Compa: Offers-Based Compensation Market Data Company Raises $10 Million

By Amit Chowdhry ● Jan 29, 2024

Compa - a leading offers-based compensation market data provider - announced that it has raised a $10M Series A to bring real-time market intelligence to compensation decisions for the world’s largest and fastest-growing companies. Storm Ventures led the funding round with participation from Penny Jar Capital, HR Tech Investments (an affiliate of Indeed), NJP Ventures, Base10 Partners, and Acadian Ventures.

KSL Capital Partners: Over $3 Billion Continuation Vehicle Closed For Alterra Mountain Company

By Amit Chowdhry ● Jan 29, 2024

KSL Capital Partners (a leading investor in travel and leisure businesses) announced the final closing of a single-asset continuation vehicle for Alterra Mountain Company, with total commitments of over $3 billion, including the commitments of the General Partner and rollover investors.

Rokt: $17.6 Million Raised And New HQ Expansion

By Noah Long ● Jan 29, 2024

Rokt - a leading e-commerce technology company using machine learning and AI to make transactions more relevant to each shopper - announced an investment of $17.6 million to expand operations at its headquarters in New York City. And to accommodate its growing workforce, Rokt will lease an additional 34,000 square feet of space at 175 Varick Street, bringing its total occupancy in the building to over 100,000 square feet.

Mesh: Embedded Financial Solution Company Raises Funding From PayPal Ventures

By Amit Chowdhry ● Jan 29, 2024

Mesh, a modern embedded finance solution that seamlessly makes digital asset transfers and account aggregation, announced an investment from PayPal Ventures. This funding helps reinforce Mesh's position as a leading player in embedded finance and highlights PayPal's commitment to fostering innovation in the digital payments landscape.

Carry1st: Strategic Investment From Sony Innovation Fund Raised

By Dan Anderson ● Jan 29, 2024

Carry1st - Africa’s leading game publisher and digital commerce platform - announced a strategic investment by Sony Innovation Fund, the venture capital arm of Sony Group Corporation. Carry1st is the inaugural investment out of Sony Innovation Fund: Africa - which was established by Sony as an initiative to support the growth of entertainment businesses in Africa.

Sema4.ai: $30.5 Million Secured To Build Intelligent Agents For Helping Knowledge Workers

By Noah Long ● Jan 29, 2024

Sema4.ai aims to build intelligent agents that transform how knowledge workers collaborate with AI. Led by open-source pioneers and fueled by $30.5 million from investors, including Benchmark, Mayfield, and Canvas Ventures, Sema4.ai is ready to become the leader in the $88 billion autonomous agent market.

akirolabs: Procurement Technology Company Raises $5 Million

By Noah Long ● Jan 29, 2024

akirolabs - a Berlin-based ProcureTech startup enabling enterprises worldwide to augment strategic procurement processes - announced that it has raised $5 million in its recent seed funding round. The investors in this round included HTGF, OTB Ventures, D11Z. Ventures, and Switzerland's Serpentine Ventures, alongside angel investments from industry leaders such as Fredrick Spalcke (ex-CPO of Phillips & Huawei), Heiko Schwarz (CEO of riskmethods), Markus Ehrle (VP and General Manager EMEA at ServiceNow), and Detlef Schultz (former CEO of the Vodafone Procurement Company).

Bridgepoint Strategically Invests In Kerv Group

By Annie Baker ● Jan 29, 2024

Bridgepoint announced that Bridgepoint Development Capital IV (BDC IV), a fund focused on investing in mid-market growth businesses, strategically invested in next-generation cloud and digital transformation services provider Kerv Group.

Vertical Aerospace Founder Backing Company With $50 Million Investment Commitment

By Annie Baker ● Jan 29, 2024

Vertical Aerospace (a global aerospace and technology company pioneering zero-emissions aviation) recently announced that it has secured $50 million in committed funding from founder, majority owner, and CEO Stephen Fitzpatrick. This investment provides the platform for further funding rounds.

Kao Data: Digital Infrastructure Solutions Company Raises £206 Million

By Annie Baker ● Jan 29, 2024

Kao Data - a specialist developer and operator of data centers engineered for AI and advanced computing - announced it had completed a new £206 million debt raise, with an accompanying accordion facility extendable to £356 million, via one of the world's leading lenders to the data center sector, Deutsche Bank.

ATTUNE: Engagement Banking Platform Raises $2.225 Million

By Dan Anderson ● Jan 29, 2024

ATTUNE (formerly known as Lendsmart) has announced the successful closure of its seed funding round, raising $2.225 million. This milestone marks the company's evolution from a primarily lending-oriented organization to an all-encompassing Engagement Banking Platform, enabling financial institutions to digitize their service lines and intelligently engage with customers at key moments.

Monta: EV Charging Company Closes €80 Million In Series B

By Annie Baker ● Jan 29, 2024

Monta - an operating platform powering the EV charging ecosystem - announced the closing of its €80 million Series B round, bringing the company’s total funding to €130 million in just three years. And Energize Capital co-led the round with GreenPoint Partners and Denmark’s state-backed Export and Investment Fund. The Series B also included participation from returning investors Headline, byFounders, AENU, and Creandum and new investor Quantum Light.

Thentia: Regulatory Technology Company Raises $38 Million

By Amit Chowdhry ● Jan 29, 2024

Thentia - a leading innovator in regulatory technology - announced that it has closed a US$38 million Series B extension round. The fundraising, led by existing investors, including First Ascent Ventures, Spring Mountain Capital, BDC Capital, and Espresso Capital, reflects a continued commitment to Thentia's vision.

AiCure: Funding, New Patents, And Leadership Team Changes

By Annie Baker ● Jan 29, 2024

AiCure - a prominent AI and advanced data analytics company focused on enhancing clinical trials - has raised a significant funding round. Along with the new funding round, the company has obtained several new patents, enabling it to advance its technological lead.

Proof Technology: Legal Technology Company Secures $30.4 Million

By Amit Chowdhry ● Jan 29, 2024

Proof Technology - the service of process and e-filing technology platform company - has announced the closing of a $30.4 million Series B funding round led by Long Ridge Equity Partners with participation from existing investors, including Blue Heron Capital and The LegalTech Fund. And Proof's litigation services marketplace provides law firms and government agencies with document delivery through a nationwide network of process servers, electronic court filing services, and remote notarization.

OnPoint Healthcare Partners Raises Growth Investment In Round Led By Peloton Equity

By Annie Baker ● Jan 29, 2024

Peloton Equity - a Connecticut-based private equity firm that seeks to invest growth capital in innovative healthcare companies - announced that it has closed an investment in OnPoint Healthcare Partners. This fast-growing AI-enabled technology services provider offers solutions to hospitals and medical groups designed to reduce physician burnout and improve administrative efficiencies. This investment was led by Peloton Equity, alongside participation from Fort Maitland Capital.

Being Health: Psychiatry-Focused Company Launches With $5.4 Million In Funding

By Noah Long ● Jan 29, 2024

Being Health - a psychiatrist-founded modern mental health practice - recently launched to bring the best of psychiatry, psychotherapy, novel treatments (such as ketamine infusion therapy), functional medicine and wellness services (such as acupuncture and nutrition) all under one roof for a seamless patient experience in New York City. And Being Health has raised $5.4 million in funding from 18 Park and HDS Capital.

Timber-Tech Truss Raises Funding From Westcap

By Annie Baker ● Jan 29, 2024

Westcap Mgt. Ltd. has announced an investment in Timber-Tech Truss Limited Partnership completed by Westcap MBO III Investment LP (MBO III) - which is Westcap's third buyout fund focused on succession and growth opportunities in Western Canada. And Timber-Tech is a leading provider of engineered truss systems and engineered wood products, servicing customers throughout Western Canada.

Bitflow Labs: Decentralized Exchange Company Raises $1.3 Million

By Noah Long ● Jan 29, 2024

Bitflow Labs has announced a successful $1.3 million pre-seed funding round to continue building critical infrastructure for Bitcoin DeFi. Portal Ventures led the funding round alongside a consortium of visionary investors, including Bitcoin Frontier Fund, Bitcoin Startup Lab, Big Brain Holdings, Newman Capital, Genblock Capital, Tykhe Block Ventures, and more.

ObjectiveHealth Raises Strategic Growth Investment From Vitruvian Partners

By Dan Anderson ● Jan 29, 2024

ObjectiveHealth - a leading integrated specialty research network and technology company - announced that it has secured a strategic growth investment from Vitruvian Partners, a leading global growth-focused investment firm.

Churchill Asset Management: $400 Million Middle Market CLO Offering Closed

By Amit Chowdhry ● Jan 29, 2024

Churchill Asset Management - an investment specialist of Nuveen that provides customized financing solutions to U.S middle market-focused private equity sponsors and their portfolio companies - announced the closing of a $400 million middle market collateralized loan obligation (CLO), Churchill MMSLF CLO III, on January 24, 2024.

Digs: AI-Based Homeowner And Builder Collaboration Extends Funding To $14 Million

By Annie Baker ● Jan 29, 2024

Digs - an AI collaboration platform for home builders and homeowners - announced the expansion of its funding and C-suite with additional investment and new executive staff. This combination aims to accelerate the initial momentum of the company's rollout and fuel the launch of a marketplace.

GreenSpark: Metal Recycling Industry Platform Company Secures $9.4 Million

By Noah Long ● Jan 29, 2024

GreenSpark Software - a modern software platform for the metal recycling industry - announced it has raised $9.4 million in new funding, bringing GreenSpark’s total funding to about $19 million.

e2Companies: $100 Million Commitment From GEM

By Annie Baker ● Jan 29, 2024

e2Companies - a leading provider of integrated solutions for power generation and distribution - announced that it had secured a $100 million investment commitment from Luxembourg-based Global Emerging Markets (GEM). And with this financing commitment, e2Companies is well-positioned to advance and deliver on its mission to design solutions that deliver seamless customer resiliency and reliability.

IT Procurement Solutions Company NPI Raises Funding From Falfurrias Growth

By Dan Anderson ● Jan 29, 2024

NPI - an industry-leading provider of data-driven IT procurement solutions for large enterprises - announced a significant growth investment from Falfurrias Growth Partners, a Charlotte-based private equity fund focused on growth-oriented, middle-market businesses.

Elo Life Systems: Next-Generation Ingredient Company Raises $20.5 Million In Funding

By Annie Baker ● Jan 29, 2024

Taqtile Raises Funding From Scout Ventures

By Annie Baker ● Jan 29, 2024

Taqtile - the maker of Manifest (a leading spatially-enabled work-instruction platform serving the industrial and defense sectors) - announced the addition of Scout Ventures as an investor. Taqtile will also add Scout Founder and Managing Partner, Brad Harrison, as a Board Observer.

OctaiPipe: £3.5 Million Raised For Delivering Secure Edge AI

By Noah Long ● Jan 29, 2024

OctaiPipe - an end-to-end Edge AI platform - announced raising £3 million in pre-Series A funding and a £500,000 grant from Innovate UK. This pre-Series A round was led by SuperSeed with Forward Partners, D2, Atlas Ventures, Martlet Capital, Gelecek Etki VC, and Arm-backed Deeptech Labs also participating.