Venture Capital

EFM Signs Carbon Removal And Funding Deal With Microsoft

By Amit Chowdhry ● May 8, 2025

Forest investment and management firm EFM announced a multi-year offtake agreement with Microsoft and a fund investment that secures Microsoft’s access to up to 3 million nature-based carbon removal credits from EFM’s investment platform.

UW-Madison Company Ubicept Raises $1 Million

By Amit Chowdhry ● May 8, 2025

Ubicept—a company with technology developed at the University of Wisconsin-Madison and the Massachusetts Institute of Technology—has been selected as one of two winners in the inaugural TitletownTech Startup Draft. As a result, the company secured a $1 million investment from the Green Bay–based VC firm.

EdgeRunner: $12 Million Series A Funding Raised For On-Device AI Agents For Military And Enterprise

By Amit Chowdhry ● May 8, 2025

EdgeRunner AI, a leader in domain-specific, air-gapped, on-device AI agents for military and enterprise, announced the closing of its $12 million Series A fundraise. This funding round was led by Madrona Ventures with participation from seed lead Four Rivers Ventures and joined by new investors HP Tech Ventures and Alumni Ventures. This brings EdgeRunner AI’s total funding to $17.5 million.

ChurchSpace: $1.2 Million Raised And HQ Moving To Detroit

By Amit Chowdhry ● May 8, 2025

ChurchSpace announced closing a $1.2 million oversubscribed funding round, led by Black Ops Ventures, with additional participation from Dug Song of Minor Capital and Michigan Rise. The company is also relocating its national headquarters from Houston, Texas, to Detroit, Michigan, to deepen its goal of activating underutilized sacred spaces for modern-day community use.

Atlas: $155 Million Seed Financing And Acquisition Of Assets From Twist Bioscience

By Amit Chowdhry ● May 8, 2025

Atlas Data Storage - a technology company building end-to-end DNA data storage - announced the closing of a $155 million seed financing and the acquisition of technology assets from Twist Bioscience. The seed funding investors are ARCH Venture Partners, Deerfield Management, Bezos Expeditions, Tao Capital Partners, Rsquared VC, Earth Foundry, In-Q-Tel (IQT), and other undisclosed investors.

Alta Resource Technologies: $10 Million Seed Raised For Scaling Protein-Based Minerals Technology

By Amit Chowdhry ● May 8, 2025

Alta Resource Technologies, a pioneer in using advanced biochemistry to transform mineral separation, announced that it has expanded its Series Seed funding to $10 million with the close of an additional $4.4 million investment. The Seed 2 funding was co-led by DCVC and Voyager Ventures with participation from Orion Industrial Ventures and In-Q-Tel (IQT), the not-for-profit strategic investor for the U.S. national security community and America’s allies. Along with the private capital, Alta has received grant support from federal partners and the State of Colorado.

Nuevocor: $45 Million Series B Raised For Clinical Development Of Novel Mechanobiology-Centered Therapy For Cardiomyopathy

By Amit Chowdhry ● May 8, 2025

Nuevocor, a Singapore-headquartered IND-stage biotechnology company developing cures for cardiomyopathies driven by aberrant mechanobiology, announced the completion of a $45 million Series B financing. Kurma Partners and Angelini Ventures co-led the funding round, which was significantly participated in by existing investors EDBI, ClavystBio, and Boehringer Ingelheim Venture Fund, along with Highlight Capital and SEEDS Capital.

Doppel: $35 Million Series B Raised For AI-Based Social Engineering Platform

By Amit Chowdhry ● May 7, 2025

Doppel, an AI-based social engineering defense platform, announced a Series B funding round following a year of rapid growth following its Series A, bringing the total amount raised to $54.4 million. The Series B funding round of $35 million was at a $205 million valuation. It was led by Bessemer Venture Partners, additional first-time Doppel investors 9Yards Capital and Sozo Ventures, and repeat investors a16z, South Park Commons, Strategic Cyber Ventures, Script Capital, and Sabrina Hahn.

QCDx: $7 Million Raised For Advancing Liquid Biopsy Innovations

By Amit Chowdhry ● May 7, 2025

QCDx - a diagnostics company specializing in the detection and characterization of circulating tumor cells (CTCs) - announced the closing of $7 million in new financing. This funding features $5.3 million in intermediate term debt under a credit facility and the conversion of $1.7 million in existing convertible notes into equity.

Stately Bio: $12 Million Closed For Developing Regenerative Medicines With Cellular Imaging Platform

By Amit Chowdhry ● May 7, 2025

Stately Bio, a company developing cell therapies using an ML-based live-cell imaging platform, announced $12 million in seed funding led by AIX Ventures, with participation from Dimension Capital, Foothill Ventures, Village Global, Caffeinated Capital, Mitsui Global Investment, BoxOne Ventures, Axial VC, Jeff Dean (Chief Scientist at Google DeepMind), Jeremy Wertheimer (co-founder of ITA Software), and Tom Berry (co-founder of Carbon Health).

CHAOS Industries: $275 Million Series C Raised To Build Defense And National Security Systems

By Amit Chowdhry ● May 7, 2025

CHAOS Industries, a technology company building the next generation of defense and national security systems, announced that it has raised $275 million in Series C funding to support the next phase of its commercial growth and development. The Series C funding round was led by New Enterprise Associates (NEA) and co-led by Accel, with participation from StepStone Group, Overmatch Ventures, Tru Arrow Partners, and Valor Equity Partners. The Series C round brings the total funding raised by the company since inception to $490 million.

Fullscript: Expanded Investment Raised From HGGC And Snapdragon

By Amit Chowdhry ● May 7, 2025

Fullscript, a leading healthcare platform powering whole person care, announced an expanded investment from HGGC (a middle-market private equity firm) and Snapdragon Capital Partners to support the next growth phase.

Trilobio: $8 Million Closed For Whole Lab Automation For Biologists

By Amit Chowdhry ● May 6, 2025

Trilobio, a company building the fully automated robotic lab-in-a-box for biologists, announced it has raised a $8 million seed investment. Initialized Capital led the oversubscribed round, which included participation from Argon Ventures and Lowercarbon Capital.

CNaught: $4.5 Million Secured For De-Risking Carbon Credits For Buyers

By Amit Chowdhry ● May 6, 2025

CNaught, a platform making carbon credits more secure and scalable, announced $4.5 million in seed funding led by Bow Capital, with participation from FJ Labs, Silence VC, Karman Ventures, and Marketplace Capital.

FoodHealth Company: $7.5 Million Series A Closed For Expanding Nutrition Transparency

By Amit Chowdhry ● May 6, 2025

FoodHealth Company, a nutrition intelligence company formerly known as bitewell, announced it has raised $7.5 million in an oversubscribed Series A. The funding round was co-led by Reach Capital and Ulu Ventures, with participation from Supply Change Capital, ReThink Food, and support existing investors from Refinery Ventures, Mudita, Antler, and other returning investors.

Agree.com: $7.2 Million Seed Funding Raised For Invoicing And Payments Platform

By Amit Chowdhry ● May 6, 2025

Agree, an all-in-one invoicing and payments platform, announced it has raised a $7.2 million seed round led by Tyler Hogge at Pelion Venture Partners, with significant participation from Blank Ventures and notable angel investor Gokul Rajaram.

Statsig: $100 Million Series C Raised At $1.1 Billion Valuation For Transforming Product Development

By Amit Chowdhry ● May 6, 2025

Statsig, a platform for data-driven product development, announced it has raised $100 million in Series C funding at a $1.1 billion valuation. The funding round was led by ICONIQ Growth, with participation from existing investors Sequoia and Madrona.

AI Fund: $190 Million Fund II Closed To Co-Found AI Companies

By Amit Chowdhry ● May 6, 2025

AI Fund, a venture studio founded by renowned AI entrepreneur Andrew Ng, today announced the successful closing of its second fund, raising about $190 million in an oversubscribed round.