Venture Capital

Rocket Learning Developing AI-Based Study Buddy Saheli With Support From Google.org

By Amit Chowdhry ● Oct 10, 2024

Rocket Learning—which presented at the 10th edition of Google for India—announced that it has received additional support from Google.org to launch a new Fellowship aimed at developing a personalized AI tutor for underserved children. The fellowship is designed to make early childhood education interactive and tailored to each child's understanding and pace.

Kurma Partners: First Closing Of €250 Million Biofund IV

By Amit Chowdhry ● Oct 10, 2024

Kurma Partners, an asset manager focused on improving human health, announced that it has raised EUR 140 million, completing the first closing of Biofund IV. By the final closing in 2025, Kurma aims to have raised a total of €250 million in its newest and most prominent venture capital investment fund.

Vieu: AI-Based Sales Graph Company Raises $11 Million (Seed)

By Amit Chowdhry ● Oct 10, 2024

Vieu is a company that developed an AI-based Sales Graph, which challenges traditional social networks and CRM systems to fast-track enterprise sales pursuits. Vieu also announced a $11 million funding round to scale its AI-powered trusted business network with a singular goal - which is to fast-track enterprise sales.

Rippl: Virtual Dementia Care Company Raises $23 Million (Series A)

By Amit Chowdhry ● Oct 9, 2024

Rippl, a leader in virtual dementia care, announced the closing of its Series A funding round. Tina Hoang-To (Kin Ventures Founding General Partner) led the $23 million round with participation from Rippl’s seed investors ARCH Venture Partners, General Catalyst, GV (Google Ventures), F-Prime, Mass General Brigham Ventures, and 1843 Capital. And JSL Health also joined the round.

EvenUp: $135 Million (Series D) Raised At Over $1 Billion Valuation And New Products Launched

By Amit Chowdhry ● Oct 9, 2024

EvenUp - a market leader in personal injury AI and document generation - announced it raised a $135 million Series D funding round and significantly expanded its AI workflow and product suite. Bain Capital Ventures led the round, which also included Premji Invest, Lightspeed Venture Partners, Bessemer Venture Partners, SignalFire, and B Capital Group.

Billables AI: Timekeeping Solution Raises $3.9 Million (Seed)

By Amit Chowdhry ● Oct 9, 2024

Billables AI, an AI-based platform for professional service providers that streamlines operations with its flagship AI-powered timekeeping solution, announced it has raised $3.9 million in seed funding led by Wing VC with participation from F7, SignalFire, Darkmode, Alumni Ventures and AI leaders and industry veterans, including angel investors from Google, Stanford, SambaNova and more. This funding round will go toward investing in advanced ML to further personalize time reports and ultimately build additional productivity tools that help all professional service providers.

DataPelago: Universal Data Processing Engine And $47 Million Funding Revealed

By Amit Chowdhry ● Oct 9, 2024

DataPelago has unveiled a revolutionary Universal Data Processing Engine to accelerate any engine, including open source, on any hardware, using any data type. And the company is launching from stealth with $47 million in funding from Eclipse, Taiwania Capital, Qualcomm Ventures, Alter Venture Partners, Nautilus Venture Partners, and Silicon Valley Bank (a division of First Citizens Bank).

Tildei: $6 Million (Seed) Raised For Advancing Conversational Marketing Platform

By Amit Chowdhry ● Oct 9, 2024

Conversational marketing platform Tildei announced its emergence from stealth with $6 million in seed funding. And the company aims to transform how brands interact with customers in social channels like Instagram and WhatsApp by leveraging artificial intelligence to enable personalized, intelligent conversations at scale. Susa Ventures led the round with participation from Ludlow Ventures, Gradient Ventures, Lerer Hippeau, Vine Ventures, MXV Capital, Marcelo Claure, Jason Lemkin, and other angel investors.

Dynasty Financial Raises Funding From BlackRock, JPMorgan, And Existing Investors

By Amit Chowdhry ● Oct 9, 2024

Dynasty Financial Partners announced it closed a minority capital raise to fuel its ongoing growth. Several of Dynasty’s long-standing investors and members of its Board of Directors supported the round, as well as three strategic investors, including existing investor The Charles Schwab Corporation and new investors BlackRock and J.P. Morgan Asset Management. All proceeds from the investment round will go directly into Dynasty’s business to enhance its platform which helps its clients build better businesses and take better care of their clients.

Zubr Capital Investing In Larixon Classifieds

By Amit Chowdhry ● Oct 9, 2024

Zubr Capital announced a new investment in Larixon Classifieds with local developments in Cyprus, Mongolia, Tajikistan, Jamaica, Trinidad and Tobago. And Larixon Classifieds is a holding company that owns multiple successful classified platforms across various emerging markets. Among these platforms are Bazaraki.com (the largest classified in Cyprus), Unegiu.mn in Mongolia, Somon.tj in Tajikistan, Pin.tt in Trinidad & Tobago, and JaCars.net for car classifieds throughout Jamaica.

Salient Motion: $12 Million Raised For Scaling Motion Control Business

By Amit Chowdhry ● Oct 9, 2024

Salient Motion, an aerospace and defense component supplier, announced it has closed $12 million in total funding, preseed and seed rounds, to transform the design and manufacturing of critical motion control components. This funding round was led by Cantos Ventures, with participation from Andreessen Horowitz, AE Ventures, Hummingbird Ventures, and BoxGroup.