Venture Capital

Correcto: Spanish Grammar Writing Tool Company Raises $7 Million

By Amit Chowdhry ● Sep 28, 2023

Correcto - the first and only real-time AI-based writing tool for Spanish - is providing a way to help Spanish speakers communicate in writing with confidence: correcting spelling, grammar, and usage including explanations of why something should be fixed. And the company also announced its $7 million seed funding.

Luge Capital: CA$71 Million First Close Of Second Fund Completed

By Amit Chowdhry ● Sep 28, 2023

Luge Capital recently announced that it has raised CA$71 million in the first close of its second fund, Luge Capital Fund II, towards an ultimate fund size of $100 million. And the LPs in Fund II include returning investors CDPQ, Desjardins, BDC Capital, Sun Life, Industrial Alliance Financial Group (iA), Fonds de solidarité FTQ, and new investor Inovia Discovery Fund I.

BioLoomics: $8.7 Million Raised To Drive Directed Evolution Of Target Degrading Antibodies Using Human Cells

By Noah Long ● Sep 28, 2023

BioLoomics, the company pioneering the directed evolution of target degrading antibodies using human cells, recently announced it has raised $8.7 million in seed financing to advance its proprietary platform technology and antibody degrader programs. The round was led by Innovation Endeavors, with participation from Horizons Ventures, TechU Ventures, Boom Capital Ventures, Hummingbird Nomads Fund, Cooley GC&H, BoxOne Ventures and Viswa Colluru (Enveda founder).

Yurts: Enterprise-Ready Generative AI Platform Company Secures $16 Million

By Annie Baker ● Sep 27, 2023

Yurts - an enterprise-ready Generative AI platform - recently announced a $16 million Series A to support its acceleration into the market. This oversubscribed funding round was led by Nava Ventures, with additional investments from XYZ Ventures, Bloomberg Beta, Mango Capital, and Essence VC.

Virtual Incision: Miniaturized Robotic-Assisted Surgery System Company Closes $30 Million

By Annie Baker ● Sep 27, 2023

Virtual Incision - the developer of the world’s first miniaturized robotic-assisted surgery (RAS) system - recently announced a $30 million extension to its previous $46 million Series C financing. This funding round was led by current investors Bluestem Capital, Endeavour Vision, Baird Capital, cultivate(MD) Capital Funds, PrairieGold Venture Partners, and new health-tech investors Arboretum Ventures and InVivium Capital.

Tabular: Data Platform Company Receives $26 Million In Funding

By Dan Anderson ● Sep 27, 2023

Tabular - the provider of the only independent data platform based on Apache Iceberg- recently announced it has closed a $26M funding round, bringing the total investment in the company to $37 million. This funding round was led by Altimeter Capital, with participation from Andreessen Horowitz, who led the previous funding round, and Zetta Venture Partners.

Giftpack: Global Corporate Gifting Company Completes Seed Round, Bringing Total Raised To $4.3 Million

By Amit Chowdhry ● Sep 27, 2023

Giftpack AI - a leading AI-powered corporate gifting platform - recently announced the completion of a seed round led by Chang Hai Lin, bringing the total raised to $4.3 million.

Cognota: LearnOps Platform Closes $5.5 Million In Funding

By Amit Chowdhry ● Sep 27, 2023

Cognota - a LearnOps platform that facilitates corporate learning and development teams to manage end-to-end operations and measure ROI - announced today the closing of $5.5 million USD in Series A funding.

Slope: Enterprise B2B Payments Platform Company Raises $30 Million

By Amit Chowdhry ● Sep 27, 2023

Slope - a B2B payments platform for enterprise companies - recently announced a $30 million equity round led by Union Square Ventures, with major participation from OpenAI’s Sam Altman. This brings Slope's combined equity and debt funding to $187 million.

Pliable: $2.5 Million Secured To Simplify The Organization Of Data

By Amit Chowdhry ● Sep 27, 2023

Pliable - an AI-powered SaaS platform that simplifies organizing and utilizing data without an engineer - recently announced that it launched out of stealth with a $2.5 million seed round led by Resolute Ventures, including participation from CEAS, Counterview Capital and other investors.

EchoMark: $10 Million Seed Investment And Launching Of AI-Driven Solution To Keep Information Private

By Amit Chowdhry ● Sep 27, 2023

EchoMark - a company pioneering an unprecedented approach to information protection - announced the public launch of its AI-driven solution to keep private information private. And EchoMark automatically embeds invisible forensic watermarks in emails and documents, enabling source identification within minutes. As the first enterprise-grade software of its kind, EchoMark’s visible watermarking is a proactive deterrent against leaks. EchoMark also announced a $10 million seed investment led by Craft Ventures, accelerating the company’s mission to expand its forensic watermarking technologies across formats and workloads.

Revefi: $10.5 Million Raised In Seed Funding And Data Operations Cloud Announced

By Amit Chowdhry ● Sep 27, 2023

Revefi - a zero-touch platform to monitor and manage data quality, performance, and costs - announced today that it has raised $10.5 million in seed funding. And Revefi is disrupting the data observability space with the Revefi Data Operations Cloud.

Discern Security: AI Powered Policy Management Platform Company Raises $3 Million

By Annie Baker ● Sep 27, 2023

Discern Security recently launched with $3 million in funding to enhance performance of cybersecurity tools used by businesses as it builds ties with Fortune 500 enterprises and cybersecurity firms. This funding round was led by a diverse investor consortium including BoldCap, WestWave Capital, Cyber Mentor Fund, Security Syndicate, and influential Global Chief Information Security Officers (CISOs).

Sierra Space: $290 Million Series B, $1.7 Billion Total Funding, $5.3 Billion Valuation, And $3.4 Billion In Customer Contracts

By Amit Chowdhry ● Sep 26, 2023

Sierra Space - a leading commercial space company building the first end-to-end business and technology platform in space with $3.4 billion in customer contracts - recently announced it had closed a $290 million Series B funding round. This funding round brings the company’s total capital to $1.7 billion, the largest ever capital raised by a commercial space company over the combined Series A and B rounds. This milestone elevated Sierra Space’s valuation to $5.3 billion and reaffirmed the company’s position as a leader in the new global space industry.

Cartwheel: $20 Million Raised To Help Schools Address Student Mental Health

By Amit Chowdhry ● Sep 26, 2023

Cartwheel - a platform helping schools tackle the student mental health crisis by delivering affordable evidence-based telehealth services with no waitlist - recently announced that it has raised $20 million in Series A funding led by Menlo Ventures.

AIRNA: $30 Million Secured To Create New Class Of RNA Editing Therapeutics

By Annie Baker ● Sep 26, 2023

AIRNA - a biotech company pioneering RNA editing therapeutics to restore patients' health with rare and common diseases – recently emerged from stealth with a $30 million initial financing led by ARCH Venture Partners. This financing round enables AIRNA’s experienced team to advance a pipeline of RNA editing therapeutics driven by its robust and flexible RNA editing platform RESTORE+TM.

HiBob: HR Platform Company Adds $150 Million In A New Round Of Funding

By Amit Chowdhry ● Sep 26, 2023

HiBob - the company behind 'Bob' HR platform (transforming how organizations operate in the modern world of work) – recently announced it had secured $150 million in new funding in a round that was led by Farallon Capital and included Alpha Wave Global and existing investors.

Alcion: Modern Data Management Company Raises $21 Million

By Noah Long ● Sep 26, 2023

Alcion - a modern data management startup - recently announced it raised $21 million in a Series A funding round, bringing its total funding to $29 million.

Pryon: AI-Based Enterprise Knowledge Management Company Closes $100 Million

By Annie Baker ● Sep 26, 2023

Pryon – a pioneer in bringing AI to knowledge management – recently announced that it closed a $100 million Series B investment led by Thomas Tull’s US Innovative Technology Fund (USIT).

HiddenLayer: AI Application Security Company Secures $50 Million In Funding

By Noah Long ● Sep 26, 2023

HiddenLayer – a leading security provider for AI models and assets – recently announced that it has raised $50 million in Series A funding to expand its talent base, increase go-to-market efforts, and invest in its award-winning Machine Learning Security (MLSec) Platform.

Magnet Biomedicine: $50 Million Raised To Advance Molecular Glue Discovery

By Annie Baker ● Sep 26, 2023

Magnet Biomedicine - a biotechnology company advancing molecular glue discovery with rational selection and design - recently announced a $50 million Series A financing co-led by founding and initial investor Newpath Partners and ARCH Venture Partners. And Magnet is reimagining what is achievable with molecular glues by looking beyond known protein–protein interactions and analyzing the broad protein landscape to pair target proteins with rationally selected presenter proteins to drive therapeutic effects.

ZayZoon: Earned Wage Access Provider Company Closes $34.5 Million

By Amit Chowdhry ● Sep 26, 2023

ZayZoon - the Earned Wage Access (EWA) provider for small and mid-sized businesses - recently announced that it has raised $34.5 million in debt and equity for its Series B financing. The funding round was led by Framework Venture Partners, with co-investment from Export Development Canada (EDC) and participation from ATB Financial and existing shareholders. This funding round will support recruiting efforts and continued growth and innovation for the company.

Take Command: Personalized Health Benefits Company Raises $25 Million

By Amit Chowdhry ● Sep 26, 2023

Take Command - a Dallas-based SaaS platform and leader in the rapidly growing employer sponsored, personalized health benefits space - recently announced it secured $25 million in growth stage financing led by growth equity investor Edison Partners, with participation from current investors LiveOak Venture Partners and SJF Ventures.

Amazon To Invest Up To $4 Billion In Anthropic

By Amit Chowdhry ● Sep 25, 2023

Anthropic announced that online retail giant Amazon is going to invest up to $4 billion in the AI research startup company. This agreement is part of a broader collaboration to develop the industry's most reliable and high-performing foundation models. Our frontier safety research and products, together with Amazon Web Services’ (AWS) expertise in running secure, reliable infrastructure, will make Anthropic’s safe AI widely accessible to AWS customers.

Brainlabs: Major Investment Secured From Falfurrias Capital

By Annie Baker ● Sep 25, 2023

Brainlabs recently announced that it has secured major investment from private equity firm, Falfurrias Capital Partners (FCP). This partnership reinforces the success of the independent agency’s high-performance approach to media - which has seen it deliver measurable, profitable and sustainable business impact to clients worldwide, powered by data and technology.

FERNRIDE: $50 Million Secured To Advance Autonomous Yard Trucking

By Amit Chowdhry ● Sep 25, 2023

FERNRIDE - a Germany-based autonomous trucking innovator - recently announced that it has closed a further $19 million in its Series A funding. This pushed the total round amount to $50 million.

Nanofiber Quantum: Fiber Connectable Computing Hardware Company Raises $8.5 Million

By Annie Baker ● Sep 24, 2023

Nanofiber Quantum Technologies recently announced that it has raised $8.5 million from leading venture capital investors. And Phoenix Venture Partners (PvP) in the US, JAFCO Group Co Ltd, SPARX Group Co Ltd, Keio Innovation Initiative, Inc. (KII), and Waseda University Ventures (WUV) financed the round through convertible notes.

Bevz: $3.1 Million Closed To Support Convenience Stores

By Annie Baker ● Sep 24, 2023

Bevz - a leading Software as a Service (SaaS) platform for independently operated and small chain liquor/convenience stores - recently announced it raised $3.1 million in funding. The recent funding round will go towards increased sales and marketing efforts, national expansion, ongoing product development, and additional customer success resources.

Catalyte: $1.5 Million Raised To Discover And Develop High-Potential Talent

By Annie Baker ● Sep 23, 2023

Catalyte recently announced it closed $1.5 million in funding from Green Street Impact Partners, a leading ed-tech private equity fund.

Boxbot: $12 Million Closed To Build Vertical Automation Solution To Sort Packages for Last-Mile Carriers

By Dan Anderson ● Sep 23, 2023

Boxbot - a vertical automation solution that sorts and stores packages for last-mile carriers - recently announced a $12 million Series A round led by Playground Global. Maersk Growth (the venture arm of A.P. Moller), Toyota Ventures, Pear Ventures, and Artiman Ventures also participated in the round - which brings the company’s total funding to $29.5 million.