Venture Capital

Moonvalley: $70 Million Secured To Build Generative AI Creative Models

By Amit Chowdhry ● Nov 18, 2024

Moonvalley, a leading imagination research company that is building generative AI creative models and tools, announced today it has raised $70 million in funding to date. This funding will propel the development of AI tools and models designed to enhance trust, transparency, and efficiency within the media industry.

ChapsVision: AI-Based Data Processing Company Raises $90 Million And Buys Sinequa

By Amit Chowdhry ● Nov 18, 2024

ChapsVision, a leader in AI-based data processing, announced the acquisition of Sinequa - which is an AI-based enterprise search and Retrieval-Augmented Generation (RAG) company. And this strategic acquisition, combined with a new $90 million (€85 million) investment led by Tikehau Capital, Qualium Investissement, Bpifrance, GENEO Capital, and Jolt Capital, accelerates ChapsVision’s growth, strengthens its global presence, and expands technology capability.

Quanta Dialysis Technologies: Kidney Care Company Closes Over $60 Million (Series E Preferred Stock)

By Amit Chowdhry ● Nov 18, 2024

Quanta Dialysis Technologies, a leader in transforming kidney care through its Quanta Dialysis System, announced it has closed its oversubscribed Series E Preferred Stock financing round, raising more than $60 million of additional capital.

Ecore: Strategic Investment Raised From General Atlantic To Transform Reclaimed Rubber Materials Into Better Products

By Amit Chowdhry ● Nov 18, 2024

Ecore International - a global leader in circularity transforming reclaimed rubber materials into high-performance products that drive sustainability and reduce environmental impact - announced it has received a minority growth investment from General Atlantic through the firm’s BeyondNetZero climate growth fund.

myBiometry: Asthma And COPD Diagnostic Company Raises $5 Million (Seed)

By Amit Chowdhry ● Nov 18, 2024

Biometry, an asthma and COPD diagnostic and remote monitoring company, announced that it has raised $5 million in an oversubscribed seed funding round. The funding round was led by Dexcom Ventures, with participation from CareSource Indiana, Elevate Ventures, and other investor groups.

Ennoventure: AI-Based Brand Protection Company Raises $8.9 Million (Series A)

By Amit Chowdhry ● Nov 18, 2024

Ennoventure - a leader in AI-based brand protection and authentication solutions - announced the closing of an $8.9 million Series A funding round. Headed by Singapore-based venture capital firm Tanglin Venture Partners, the funding round also included participation from existing investors, including Fenice Investment Group and additional SAFE investors.

HappyPath: $4 Million Raised To Help Companies Deliver Products Faster

By Amit Chowdhry ● Nov 18, 2024

HappyPath, a startup that helps companies deliver products faster through comprehensive automated testing, announced that it has secured $4 million in funding. And the company is utilizing the funds to address a major need for more effective software testing and has officially launched its AI-powered platform to help the technology sector reimagine its approach to testing.

Helix Earth: $5.6 Million (Seed) Raised For Transforming Energy Efficiency In AC Systems

By Amit Chowdhry ● Nov 18, 2024

Helix Earth Technologies - a Houston-based hardware company at transforming clean tech solutions - announced the closing of its $5.6 million seed funding. This oversubscribed funding round was led by Veriten, the energy research, strategy, and investing firm, with participation from Anthropocene Ventures, Semilla Capital, and others including individual investors from prominent venture capital and private equity firms.

Bristol Environmental: Strategic Growth Investment From Garnett Station

By Amit Chowdhry ● Nov 18, 2024

Garnett Station Partners - a New York-based principal investment firm managing over $2.3 billion in assets - announced it has made a strategic growth investment in Bristol Environmental, which is a leading provider of environmental remediation and abatement services. Based in Bristol, PA, the company services clients nationwide through its five offices across Pennsylvania, Maryland, Massachusetts, and Florida.

Front Row Group Raises Significant Funding From HighPost Capital

By Amit Chowdhry ● Nov 18, 2024

HighPost Capital—a leading private investment firm focused on the consumer, sports, media, and technology sectors—announced it has invested in Front Row Group, an e-commerce agency and accelerator providing fully outsourced marketplace management services in partnership with Charlesbank Capital Partners.

NovoPayment: $20 Million Raised From Morgan Stanley Expansion Capital

By Amit Chowdhry ● Nov 18, 2024

The investment funds managed by Morgan Stanley Expansion Capital announced an investment of $20 million in NovoPayment, a leading financial and payment infrastructure service provider specializing in delivering digital banking, payments and card solutions. This funding round is expected to support NovoPayment’s continued scaling and expansion of commercial partnerships.

Prokeep: Customer Engagement Company Raises $25 Million (Series A)

By Amit Chowdhry ● Nov 18, 2024

Prokeep, a leading customer communication and engagement platform for distributors, announced that it has raised $25 million in a Series A funding round. The funding round was led by Dahlia Equity Partners with continued support from Ironspring Ventures, S3 Ventures, Benson Capital Partners, and others. This funding will enable Prokeep to accelerate its growth and expand its demand generation capabilities, which are designed for distributors.

Divi: Scalp And Hair Health Brand Raises Minority Investment From Norwest

By Amit Chowdhry ● Nov 18, 2024

Divi Scalp & Hair Health - an award-winning brand with clean and science-backed products founded by entrepreneur Dani Austin - announced it has secured a minority investment from Norwest. The funding will drive international expansion, domestic scale in key metro areas, and continue to deepen the brand's established relationships with key retailers, including Ulta Beauty, Ulta Beauty at Target, and Amazon.

Fastino: AI Model Provider Company Secures $7 Million (Pre-Seed)

By Amit Chowdhry ● Nov 18, 2024

Fastino, a new foundation AI model provider, launched recently to provide a family of task-optimized language models that are more accurate, faster, and safer than traditional LLMs. And the company also announced its $7 million pre-seed funding round led by global software investor Insight Partners and M12, Microsoft’s Venture Fund, with participation from NEA, CRV, Valor, Github CEO Thomas Dohmke, and others.

Revisto: $4 Million (Seed) Raised For Transforming Pharmaceutical Marketing Compliance

By Amit Chowdhry ● Nov 18, 2024

Revisto, an AI-based solution that streamlines the medical, legal, and regulatory (MLR) review process for pharmaceutical marketing materials, announced it has secured $4 million in seed funding. This funding round was led by LiveOak Ventures, with participation from Eli Lilly and Company, Tau Ventures, and Arkin Digital Health.

The Exploration Company: European Space Tech Company Raises $160 Million (Series B)

By Amit Chowdhry ● Nov 18, 2024

Leading European space tech company The Exploration Company (TEC) announced it has raised $160 million in Series B funding co-led by Balderton Capital and Plural, with participation from Bessemer Venture Partners, NGP Capital, French Tech Souveraineté, DeepTech & Climate Fonds (DTCF) and Bayern Kapital. The funding round also included significant follow-on investment from EQT Ventures, Red River West, Cherry Ventures, Promus Ventures and Omnes Real Tech Fund. And this is the first time two European sovereign funds, French Tech Souveraineté managed by Bpifrance and DTCF, have invested together.

SwiftConnect: Digital Pass Company Raises $37 Million (Series B)

By Amit Chowdhry ● Nov 15, 2024

SwiftConnect announced the closing of a $37 million Series B funding round to expand its access network and connect people to the right place at the right time. The latest investment round is led by Quadri Ventures, with participation from new investors HID (part of ASSA ABLOY), Egis Capital Partners, and Klingenstein Fields Advisors. And returning investors include Crow Holdings, JLL Spark, Navitas Capital, Tanzola Corp., and Spring Rock Capital. With this round, SwiftConnect has raised $74 million in total funding.

Serenity: AI-Based EHS Software Solutions Company Raises $5.5 Million (Series A)

By Amit Chowdhry ● Nov 15, 2024

Serenity, a leader in AI-based Environmental, Health, and Safety (EHS) software solutions, announced the closing of a $5.5 million Series A funding round. This investment was led by Allegion Ventures, with follow-on participation from existing investor Base10 Partners.

The D. E. Shaw Group: $1 Billion Raised For Alkali Fund VI

By Amit Chowdhry ● Nov 15, 2024

The D. E. Shaw group - a global investment and technology development firm - announced that it has raised $1 billion in commitments for D. E. Shaw Alkali Fund VI. This closed-end vehicle will pursue a multi-strategy investment style and invest primarily in corporate debt, structured credit, synthetic securitizations, and other specialty asset classes.

Camouflet: AI-Based Dynamic Pricing Solutions Company Raises $3 Million (Seed)

By Amit Chowdhry ● Nov 14, 2024

Camouflet, a leader in AI-based dynamic pricing solutions, announced the closing of a $3 million seed funding round led by a group of private investors. This funding round will accelerate Camouflet’s mission to empower businesses with adaptive, data-driven pricing strategies.

Hempitecture Receives $8.42 Million In Funding From Department Of Energy

By Amit Chowdhry ● Nov 14, 2024

Hempitecture - a leading innovator in sustainable building materials - announced the U.S. Department of Energy (DOE) selection to receive $8.42 million in funding under the Biden-Harris Administration’s Investing in America agenda. This funding will support the creation of an industrial fiber hemp processing and manufacturing facility in northeast Tennessee, focused on producing high-performing, carbon-reducing products for the building materials, packaging, and automotive sectors.

BetHog: FanDuel Co-Founders Launch Cryptocurrency Sportsbook Company With $6 Million In Seed Funding

By Amit Chowdhry ● Nov 14, 2024

BetHog - a new cryptocurrency casino and sportsbook company - announced a public launch with $6 million in seed funding led by 6MV with participation from Will Ventures, Bullpen Capital, Karatage, Advancit Capital, and several angel investors such as Chris Grove, Partner Emeritus at Eilers & Krejcik, LLC and Josh Hannah, co-founder of Flutter Entertainment.

Akeyless: Strategic Investment Raised From Deutsche Bank

By Amit Chowdhry ● Nov 14, 2024

Akeyless - an innovator in the identity security market - announced a strategic investment from Deutsche Bank’s Corporate Venture Capital (CVC) group. The company - trusted by Fortune 100 companies and industry leaders - is transforming identity security for the modern enterprise, delivering the world’s first unified Secrets & Machine Identity platform designed to prevent the number one cause of breaches; and compromised identities and secrets.

Arketi Group Raises Funding From Pair Of Private Equity Firms

By Amit Chowdhry ● Nov 14, 2024

Arketi Group, a digital marketing and public relations agency for business-to-business (B2B) technology companies, announced that it has partnered with private equity firms Go Capital and Station Partners to lead a new B2B marketing and communications agency platform.

oneZero: Investment Raised From Golden Gate Capital

By Amit Chowdhry ● Nov 13, 2024

oneZero Financial Systems - a leader in multi-asset enterprise trading technology solutions - announced an investment from Golden Gate Capital. And oneZero’s current financial partner Lovell Minnick Partners (LMP) will continue to support oneZero alongside Golden Gate Capital. The financial terms of the investment were undisclosed.

Rivian Raises $5.8 Billion From Volkswagen As Part Of JV

By Amit Chowdhry ● Nov 13, 2024

Rivian Automotive and Volkswagen Group entered into a transaction agreement to create their new joint venture (JV) called Rivian and VW Group Technology, LLC, known as Rivian and Volkswagen Group Technologies - with a total deal size of up to $5.8 billion, which is expected to start today.

Vega: Alternative Investment Technology Company Raises $20 Million (Series A)

By Amit Chowdhry ● Nov 13, 2024

Vega - an alternative investment technology company launched by a team of former executives from leading hedge funds, private equity firms, and fintech companies, announced the closing of a $20 million Series A led by Apollo and Motive.

MIND: Data Loss Prevention Company Raises $11 Million (Seed)

By Amit Chowdhry ● Nov 13, 2024

MIND, an upcoming leader in data loss prevention (DLP), emerged from stealth and revealed its breakthrough platform for enabling organizations to protect their most sensitive data. And MIND raised $11 million in seed round funding led by YL Ventures with participation from cybersecurity leaders at Adobe, ADT, CrowdStrike, and FireEye.

46VC: Folds Ventures Fund I Launched For Supporting Veteran And First Responder Founders

By Amit Chowdhry ● Nov 13, 2024

FortySix Venture Capital (46VC), a VC management firm with offices in Tulsa, OK, and Bentonville, AR, announced the launch of Folds Ventures Fund I. This fund, managed by a team of experienced investors at 46VC, will target early-stage tech founders from the veteran and first responder communities.

Talli: Legal-Focused Digital Payments Company Raises $4 Million (Seed)

By Amit Chowdhry ● Nov 13, 2024

Talli, a digital payments platform for the legal industry, announced a $4 million seed funding round led by Vestigo Ventures. The funding will accelerate the company's mission to transform legal professionals' management of client settlements and reimbursements.