Venture Capital

Cicada: Non-Custodial Credit Risk Management Company Raises $9.7 Million

By Annie Baker ● Oct 11, 2023

Cicada Partners - a non-custodial credit risk management company bringing greater transparency and accountability to institutional lending over public blockchain infrastructure - recently announced a $9.7 million funding round with equity and debt capital commitments led by Choppa Capital.

Shorla Oncology: Specialty Pharmaceutical Company Closes $35 Million

By Amit Chowdhry ● Oct 11, 2023

Shorla Oncology - a U.S.-Ireland specialty pharmaceutical company - recently announced that it has raised $35 million in Series B funding, led by Kurma Partners’ Growth Opportunities Fund.

Cyviation: Aircraft Cybersecurity Company Lands $4 Million In Funding

By Amit Chowdhry ● Oct 11, 2023

Cyviation - a first cybersecurity company focusing on aircraft security by providing multiple layers of resilience ranging from fleet assessment and aircrew training to Aviation SIEM - aircraft cyber event management - recently announced an additional $4 million funding round. This funding is part of a larger round that is is expected to enter Series A by the first half of 2024.

Electric Hydrogen: $380 Million Secured To Build Powerful Electrolyzers For Critical Industries

By Amit Chowdhry ● Oct 11, 2023

Electric Hydrogen (EH2) recently announced the successful completion of an oversubscribed $380 million Series C financing. The new funding round will accelerate the company’s manufacturing and deployment plans to meet strong customer demand for its power-dense green hydrogen systems.

Muir AI: $3.25 Million Secured To Address Climate Change

By Annie Baker ● Oct 11, 2023

Muir AI - an early-stage startup building a talented team passionate about solving climate change - recently announced that it raised $3.25 million in a seed funding round led by venture capital firm Base10 Partners. Other participants in the seed round included existing investors Madrona Venture Labs and Soma Capital. The funding will accelerate Muir’s development of AI technology to reduce emissions within corporations’ supply chain.

Blackbird Labs: $24 Million Secured To Help Restaurants Directly Connect And Reward Guests

By Amit Chowdhry ● Oct 11, 2023

Blackbird Labs - a hospitality technology company whose platform helps restaurants directly connect and reward their guests and incentivize these customers to return - recently announced it has raised a $24 million Series A round.

LANGaware: Mental Health Diagnostics Company Raises $2 Million

By Annie Baker ● Oct 11, 2023

LANGaware - a US-based company revolutionizing cognitive and mental health diagnostics through AI-driven technology - recently announced it successfully raised $2 million in funding. Eleven Ventures, a leading early-stage venture capital firm in Southeast Europe, led the seed funding round.

Peak Energy: $10 Million Raised To Develop Low-Cost Giga-Scale Storage Technology

By Dan Anderson ● Oct 11, 2023

Peak Energy - a U.S.-based company developing low-cost, giga-scale energy storage technology for the grid - recently launched from stealth following a $10 million funding round led by Eclipse.

At One Ventures: $375 Million Climate Tech Fund Launched

By Amit Chowdhry ● Oct 11, 2023

At One Ventures - a climate tech venture capital firm launched in 2020 by Tom Chi, founding member of Google X - recently announced the closing of a $375 million second fund. Like Fund I, Fund II is going to focus on backing early-stage startups with disruptive technologies that could improve planetary health by resetting the industries causing the most damage to the planet like buildings and construction, energy and transportation, and food and agriculture.

Lendbuzz: $345 Million Secured To Ramp Up Auto Finance Platform

By Amit Chowdhry ● Oct 11, 2023

Lendbuzz, a financial technology company that utilizes alternative data, machine learning, and deep neural networks to provide auto loans for a wide spectrum of borrowers, announced recently that they raised $345 million in a combination of $45 million in equity funding and $300 million in a forward flow facility. Group 1001 led the funding round with participation from existing investors including, 83North, O.G. Venture Partners, and MUFG Innovation Partners.

Mitiga: Strategic Investment Received From Cisco Investments

By Amit Chowdhry ● Oct 11, 2023

Mitiga - a cloud and SaaS incident response leader - recently announced that Cisco Investments has made a strategic investment in the company. These are the details.

Swag Golf: Golf Equipment And Apparel Company Closes $10 Million In Funding

By Annie Baker ● Oct 11, 2023

Swag Golf - a leading premium, limited-edition golf accessory, equipment, and apparel company - recently announced it has closed a $10 million growth round led by Verance Capital.

Smileyscope: Immersive Digital Therapeutics Company Raises Seed Round

By Noah Long ● Oct 11, 2023

Smileyscope - a global pioneer in immersive digital therapeutics - recently announced the successful closing of its seed prime round. The funding round included investments from Breakthrough Victoria, Ten13, Alice Anderson Fund and MedAngels. This funding round will enable Smileyscope to grow its clinical-stage pipeline, and rapidly expand across the health systems in the United States and Australia.

Clearco: $60 Million In Series D Raised And Recapitalization Announced

By Amit Chowdhry ● Oct 11, 2023

Toronto-based fintech company Clearco recently announced the completion of multiple actions to recapitalize its business and solidify its position as the leading provider of growth capital to e-commerce businesses.

rabbit: Consumer Hardware And Foundation Model Research Company Closes $20 Million

By Annie Baker ● Oct 11, 2023

Rabbit - an AI company focusing on consumer hardware and foundation model research - recently announced that it had raised a $20 million round led by Khosla Ventures, with participation from existing investors, including Synergis Capital, and strategic partners, including Kakao Investment. The funding round will be used to scale the company's engineering and product development efforts and prepare for its hardware launch early next year.

Daash Intelligence: Retail Market Predictive Intelligence Platform Company Raises $2.75 Million

By Dan Anderson ● Oct 11, 2023

Daash Intelligence, a predictive retail market platform, recently announced closing its $2.75 million seed investment round. Silicon Road Ventures led the funding round with New Stack Ventures, with participation from Red Bike Capital, Willow Growth Partners and OpenSky Ventures. First developed within incubator 100.co, Daash notches a significant milestone with this funding as it aims to transform the commerce intelligence industry through targeting eCommerce, brick & mortar, and direct-to-consumer (DTC) channels.

Jingle: $2.9 Million Closed To Enable Local Stores To Go Mobile

By Noah Long ● Oct 11, 2023

Jingle - a platform that enables local stores to go mobile, connect with consumers directly, and do their own deliveries - recently announced that Bessemer Venture Partners has joined its seed round, totaling the amount raised to $2.9 million. Other participants of the round are angel investors.

Relocalize: Food & Beverage Industry Autonomous Micro-Factory Company Raises $2.5 Million

By Noah Long ● Oct 11, 2023

Relocalize - the developer of the world's first autonomous micro-factory for the food & beverage industry - recently announced that it has raised US$2.5 million in the initial closing of a US$3.5 million seed round led by i4 Capital and Waterpoint Lane.

Stampli: Accounts Payable Automation Solution Company Raises $61 Million

By Amit Chowdhry ● Oct 11, 2023

Stampli - a leader in AI-powered accounts payable automation - recently announced that it has raised $61 million in a Series D venture funding round led by funds managed by Blackstone, with the participation of existing investors Insight Partners, SignalFire, Bloomberg Beta, and NextWorld Capital. This funding round takes the total amount raised by the company to over $148 million.

Amperon: AI-Powered Electricity Forecast Company Raises $20 Million

By Annie Baker ● Oct 11, 2023

Amperon Holdings - the leader in AI-powered electricity forecasts - recently announced that it raised $20 million in Series B funding led by Energize Capital. Other participants in this round include the D. E. Shaw group, Veriten, and existing investor, HSBC Asset Management. Two long-time Amperon customers Ørsted and another strategic utility partner also joined the round.

ADP: Corporate Venture Capital Fund Launched

By Amit Chowdhry ● Oct 11, 2023

ADP - a leading global technology company providing human capital management (HCM) solutions - recently announced the launch of its corporate venture capital arm and innovation lab ADP Ventures. ADP Venture's goal is to enhance and strengthen ADP's core business, create offerings in new adjacent segments and geographies, and develop new assets to monetize markets and segments beyond HCM.

Revio: $2.5 Million Raised To Transform Bank Data Into Actionable Opportunities

By Dan Anderson ● Oct 11, 2023

Revio recently announced $2.5 million in Series A venture funding led by BankTech Ventures and EJF Ventures. The funding round will enable Revio to accelerate the adoption of its growth-focused, customer-insights platform. And Revio’s platform enables community and regional financial institutions to identify actionable opportunities to grow relationships and increase customer retention, lifetime value, and profitability.

Vayu Robotics: $12.7 Million Raised To Develop High-Quality Low-Cost Robotics Solutions

By Amit Chowdhry ● Oct 10, 2023

Vayu Robotics - an AI company providing high-quality, low-cost robotics solutions - recently announced the closure of its seed financing round of $12.7 Million led by Khosla Ventures, with participation from Lockheed Martin Ventures, ReMY Investors, and others.

Frec: $26.4 Million Raised To Automate Self-Service Investment Products

By Noah Long ● Oct 10, 2023

Frec revealed it has $26.4 million in seed and Series A funding led by Greylock with participation from Social Leverage and others along with other major announcements.

NexGami: Web3 Game Publisher Company Secures $2 Million

By Annie Baker ● Oct 10, 2023

NexGami - a pioneering force in the vibrant landscape of gamefi- recently announced the completion of a $2 million seed funding round, marking a pivotal moment in the company's journey.

Helios: $1.85 Million Funding Raised And Cersi Launches

By Amit Chowdhry ● Oct 10, 2023

Helios has secured $1.85 million in pre-seed funding led by Supply Change Capital with participation from January Ventures.

Bonsai Robotics: $13.5 Million Raised To Provide Automation Solutions For Off-Road Environments

By Annie Baker ● Oct 10, 2023

Bonsai Robotics - a company that provides the first computer vision-based automation solutions for harsh off-road environments - recently announced that it has raised a $13.5 million seed round led by Acre Venture Partners.

Visa: $100 Million Generative AI Ventures Initiative Launches

By Amit Chowdhry ● Oct 10, 2023

Visa recently announced a new $100 million generative AI ventures initiative for investing in the next generation of companies focused on developing generative AI technologies and applications that will impact the future of commerce and payments.

Piccolo Medical Closes $5.5 Million For Catheter Guidance Technology

By Dan Anderson ● Oct 10, 2023

Piccolo Medical recently announced the close of a $5.5 million Series B financing led by Event Capital Strategies, a medical technology-focused investment fund based in New York.

Pulumi: Open Source Infrastructure As Code Platform Secures $41 Million

By Amit Chowdhry ● Oct 10, 2023

Pulumi - a leading open source Infrastructure as Code platform - recently announced $41 million in Series C funding led by Madrona with participation from NEA, Tola Capital, and Strike Capital. This funding round brings Pulumi’s total funding to $99 million.