Venture Capital

Seal Security: Cybersecurity Company Raises $7.4 Million And Exits Stealth

By Amit Chowdhry ● Feb 14, 2024

Seal Security announced it has emerged from stealth with a $7.4 million seed funding round led by Vertex Ventures Israel, with participation from Crew Capital, PayPal Alumni Fund, and Cyber Club London.

Private Equity Firm Inyarek Partners Launches To Support Energy Transition

By Amit Chowdhry ● Feb 14, 2024

Inyarek Partners announced it has launched with a mission to identify and cultivate compelling asset development opportunities in support of the energy transition. Inyarek will look to capitalize opportunities via both direct investment vehicles and traditional commingled funds. Inyarek completed its first investment in partnership with high-quality institutional investors.

Rimere: Climate Solutions Company Secures $10 Million

By Dan Anderson ● Feb 14, 2024

Rimere (a climate solutions company with proprietary plasma technology) announced the closing of a $10 million strategic investment from Clean Energy Fuels. The funding round will accelerate the development and field testing of Rimere’s two independent devices, the Reformer and the Mitigator, that reduce climate change emissions and enable using natural gas to accelerate the transition to a clean hydrogen future.

Carlyle Launching New European Private Credit Strategy For Private Wealth Investors

By Amit Chowdhry ● Feb 14, 2024

Global investment firm Carlyle has announced the launch of a new semi-liquid European Private Credit strategy (ETAC) - which offers a single entry point for individuals to access Carlyle’s Global Credit platform. 

Marqo: Vector Search Company Raises $12.5 Million

By Annie Baker ● Feb 14, 2024

Vector search company Marqo announced it had closed a $12.5 million Series A funding round led by Lightspeed with participation from Blackbird VC, January Capital, and Chronosphere founder and CTO Rob Skillington.

Sudo Biosciences: Second Close Of Upsized Series B Funding Round Completed, Bringing Total To $147 Million

By Amit Chowdhry ● Feb 13, 2024

Sudo Biosciences - a biopharmaceutical company committed to designing and developing best-in-class precision TYK2 (tyrosine kinase 2) inhibitors - announced that during January 2024, it completed a second close of its Series B financing, raising an additional $30 million from new investors Dementia Discovery Fund (DDF, a SV Health Investors Fund), Leaps by Bayer, and UPMC Enterprises (the innovation, commercialization and venture capital arm of UPMC). This brings the total funding round in this upsized round to $147 million.

BioAge: $170 Million Raised To Accelerate Development Of Metabolic Disease Therapeutics

By Amit Chowdhry ● Feb 13, 2024

BioAge Labs - a clinical-stage biotechnology company developing novel therapies for obesity and metabolic diseases by harnessing the biology of aging - announced the completion of an oversubscribed Series D financing round of $170 million led by Sofinnova Investments. New investors - including Longitude Capital, RA Capital, Cormorant Asset Management, RTW Investments, SV Health Investors, OrbiMed Advisors, Sands Capital, Pivotal bioVenture Partners, Osage University Partners, Lilly Ventures, and Amgen Ventures - also participated in the round along with existing investors including Andreessen Horowitz (a16z) Bio + Health.

Anatomy: $7.6 Million Secured To Build Financial Automation Platform For Healthcare Organizations

By Dan Anderson ● Feb 13, 2024

Anatomy Financial announced the launch of their AI-powered financial automation solutions for medical, dental, digital health, and healthcare billing companies. And Anatomy has raised $7.6 million in funding to build a financial operating system for healthcare from Lightspeed, Meridian Street Capital, Live Oak Ventures, Cambrian Ventures, Peterson Ventures, and angel investors with expertise across healthcare and fintech.

Bain Capital Real Estate And Cherry Tree Capital Partners Form JV For Developing Rental Townhome Communities In Southern California

By Amit Chowdhry ● Feb 13, 2024

Bain Capital Real Estate and Cherry Tree Capital Partners announced the formation of BCT Development, a strategic joint venture focused on the ground-up development of premier rental townhome communities throughout Southern California. And the joint venture launches with the objective of deploying several hundred million dollars of gross capital over the next several years.

Areteia Therapeutics: $75 Million Raised To Expand Current Phase III Development Of Dexpramipexole In Eosinophilic Asthma

By Annie Baker ● Feb 13, 2024

Areteia Therapeutics announced $75 million in additional Series A financing to support expansion of the current Phase III development program of dexpramipexole in eosinophilic asthma, bringing total Series A funding to $425 million. Viking Global Investors and Marshall Wace joined the original syndicate of investors led by Bain Capital Life Sciences with participation from Access Biotechnology, GV, ARCH Venture Partners, Saturn Partners, Sanofi, Maverick Capital, and Population Health Partners.

Blue Stream Fiber Raise Funding From Sixth Street

By Noah Long ● Feb 13, 2024

GI Partners - a leading investor in data infrastructure businesses - announced that it has closed a deal to welcome Sixth Street (a leading global investment firm) as a strategic investor in Blue Stream Fiber. The deal provides Blue Stream Fiber with additional resources to expand as it continues to provide leading fiber-optic connectivity services to residential and commercial customers.

Bob W: Hospitality Provider Company Raises €40 Million In Series B

By Amit Chowdhry ● Feb 13, 2024

Finnish tech-enabled hospitality operator Bob W announced its Series B funding of €40 million to revolutionize the European hospitality sector.

Aegir Insights: €8.5 Million Raised To Build Next-Gen Software To Accelerate Offshore Wind Investments

By Dan Anderson ● Feb 13, 2024

Aegir Insights (a leading provider of decision-making software, data, and intelligence for the offshore wind sector) announced it has raised €8.5M in Series A funding, led by Seaya Andromeda with the participation of Climentum Capital.

Antithesis Raises $47 Million To Transform How Software Is Tested And Debugged

By Amit Chowdhry ● Feb 13, 2024

Antithesis – a platform transforming how software is tested and debugged - launched out of stealth and announced $47 million in seed funding from Amplify Partners, Tamarack Global, and First In Ventures, with participation from angel investors including Michael Walrath, Founder of Right Media and Howard Lerman, Founder of Yext and Roam.

AIX Ventures Closes $202 Million For Second Fund

By Amit Chowdhry ● Feb 13, 2024

AIX Ventures Team – a venture firm founded by some of the world’s top AI practitioners who work closely with an experienced investing team to provide entrepreneurs with deep company-building and AI expertise – announced a second fund of $202 millionto invest in early-stage AI companies. Fund II will enable the firm to lead more rounds and grow the investing team.

New Holland Capital Receives Strategic Investment From AGF Management Limited

By Amit Chowdhry ● Feb 13, 2024

AGF Management Limited announced that it has made a strategic investment in New Holland Capital (NHC) – a New York multi-strategy investment manager with more than $5 billion in assets under management and more than 17 years of experience providing institutional investors with absolute return investment strategies across the liquidity spectrum.

Beverage Company Odyssey Raises $6 Million

By Annie Baker ● Feb 13, 2024

Odyssey – the company behind an energy drink enriched with a potent blend of 2750mg of Lions Mane and Cordyceps mushrooms – announced the completion of a $6 million funding round. This funding round signifies a pivotal moment in the brand's journey and underscores the burgeoning support for its fusion of vitality and cognitive enhancement.

Nucleus Security: Risk-Based Vulnerability Management Platform Secures $43 Million

By Amit Chowdhry ● Feb 13, 2024

Nucleus Security - the developers of the market-leading Risk-Based Vulnerability Management platform – announced it has secured $43 million in Series B funding led by Arthur Ventures and Lead Edge Capital. This milestone marks a major leap forward in the company's mission to redefine how enterprises manage risk exposure from vulnerabilities across infrastructure, cloud, and application portfolios in one unified platform.

Incision Management Company BRIJ Medical Raises $5.5 Million

By Annie Baker ● Feb 13, 2024

BRIJ Medical (a leader in the incision management and support industry) has unveiled a strategic rebrand from Brijjit Medical to BRIJ Medical. And BRIJ Medical is introducing new technologies to minimize wound complications and improve scar therapy. The funding round was led by Tim Gleeson (Vidant Capital) and an impressive list of MedTech industry veterans.

Cardboard Spaceship: $1 Million Raised For Funding LaunchPad Ventures

By Annie Baker ● Feb 13, 2024

Cardboard Spaceship announced the launch of its newest strategic initiative, LaunchPad Ventures, which will operate as a private equity affiliate of the video production company. With an initial $1 million in capital, LaunchPad Ventures (via Cardboard Spaceship) will focus on creating cinematic content to meet the growing demand for quality digital assets available for licensing on digital platforms like Filmsupply.

Groover: Music Promotion Platform Company Raises $8 Million

By Noah Long ● Feb 13, 2024

Groover - an innovative music promotion platform – announced an $8 million Series A funding round, led by investors OneRagtime, Trind, Techmind, and MozzaAngels, and supported by historical backers, Partech, Bpifrance's Tech & Touch fund, Verve Ventures, and Frenchfounders. This new funding round will consolidate Groover's position as an all-in-one platform solution by integrating additional services such as promotion, marketing, coaching, and career development support to strengthen the company's strategic presence in the North American, European, and Latin American markets.

Exponential Markets Raises Strategic Investment From Citi

By Amit Chowdhry ● Feb 13, 2024

Today fintech company Exponential Markets (formerly branded Exponential Exchange) announced a strategic investment from Citi to develop and launch innovative risk mitigation tools. Citi invested in Exponential’s most recent seed round, led by MaC Venture Capital, and included support from Autotech Ventures and Avanta Ventures. This funding round raised the total amount to over $10 million.

Beta Boom: $14.5 Million Fund II Closed To Invest In Solutions For Underserved Populations

By Amit Chowdhry ● Feb 13, 2024

Greenidge Generation: Vertically Integrated Cryptocurrency Datacenter Company Raises $6 Million

By Noah Long ● Feb 13, 2024

Greenidge Generation Holdings - a vertically integrated cryptocurrency datacenter and power generation company - announced that it has entered into a securities purchase agreement with Armistice Capital that includes an initial investment of $6 million. And the investment from Armistice Capital will provide Greenidge with long-term capital to support the company’s growth strategy and is expected to fund its expansion into low-cost power centers, bitcoin mining, its EPCM business, new AI infrastructure/data centers, and innovative efforts to support increased interest in bitcoin.

Epiris: Over £1 Billion Raised For Fund III

By Amit Chowdhry ● Feb 13, 2024

Epiris announced the final close of Epiris Fund III with total commitments of £1.044 billion. This fund had a target of £850 million and was oversubscribed at its hard cap.

Alys Pharmaceuticals: $100 Million Financing Raised From Medicxi

By Amit Chowdhry ● Feb 13, 2024

Alys Pharmaceuticals - an immuno-dermatology focused company - recently launched with an R&D pipeline enabled by multiple platform technologies and a $100 million financing by Medicxi. Originating from the aggregation of six asset-centric Medicxi companies, Alys features a robust pipeline of innovative programs and platforms targeting multiple dermatological indications.

LeoLabs: $29 Million Closed To Create Enhanced AI-Powered Insights For Space Operations

By Amit Chowdhry ● Feb 13, 2024

LeoLabs - a company with the largest and most comprehensive commercial catalog of objects in low Earth orbit - announced it raised an additional $29 million in financing. This latest funding round enables LeoLabs to scale up its insight delivery by further investing in advanced end-user applications and partner integrations.

Koloma: Geologic Hydrogen Company Raises $246 Million

By Amit Chowdhry ● Feb 13, 2024

Koloma - a geologic hydrogen company that utilizes its technology, proprietary data, and human capital advantages to identify and commercialize these resources globally - has raised $245.7 million in funding.

Starship Technologies: $90 Million Raised To Build Delivery Robots

By Amit Chowdhry ● Feb 12, 2024

Starship Technologies - a company making science fiction a reality by putting delivery robots on streets in the US and Europe - announced it has raised $90 million, co-led by Plural and Iconical. The new funding round, which brings the total raised by Starship to $230 million since its creation in 2014, will be used to expand globally as Starship looks to take advantage of the unstoppable rise in demand for home deliveries.

Voyager Ventures Closes Select Fund I At $100 Million

By Amit Chowdhry ● Feb 12, 2024

Voyager Ventures - a VC firm investing in early-stage climate technology companies in North America and Europe - announced the closing of Voyager Partners Select I, LP at $100 million. This announcement follows Voyager's $100 million Fund I in April 2022, landing a total of $200 million to date to fund the future of a decarbonized global economy.