Venture Capital

Walter Global Asset Management Acquires Minority Stake In Madryn Asset Management

By Amit Chowdhry ● Jan 30, 2024

Walter Global Asset Management (Walter GAM) announced that it has acquired a minority stake in Madryn Asset Management.

Compliance Risk Concepts Raises Strategic Investment From MidOcean Partners

By Noah Long ● Jan 30, 2024

Compliance Risk Concepts (CRC) - through its parent company Re-Sourcing Group - has received a significant investment from MidOcean Partners to advance its position as a valued compliance partner to the financial services industry.

Portal: $34 Million Raised To Develop Decentralized Bitcoin-Based Exchange

By Annie Baker ● Jan 30, 2024

Portal - a fintech provider advancing financial self-sovereignty with robust technology for seamless access to Bitcoin and diverse cryptocurrency markets - announced it had exited stealth mode and raised $34 million in seed funding. The investors that participated in the round include Coinbase Ventures, Arrington Capital, OKX Ventures, Gate.io, and many other high-profile fintech and crypto investors.

CollisionRight Raises Funding From Summit Partners

By Annie Baker ● Jan 30, 2024

CollisionRight - a leading consolidator of automotive collision repair shops in the US - announced a majority investment from Summit Partners, a leading growth equity investment firm. The new funding round will help support CollisionRight’s growth plan, which is focused on acquiring and operating high-quality, customer-friendly collision repair shops across the Central United States and Mid-Atlantic regions.

Codeium: $65 Million Secured For Bringing Generative AI To Software Coding

By Amit Chowdhry ● Jan 30, 2024

Codeium has announced it has raised a $65 million Series B round to help software developers supercharge their workflows with generative AI-powered capabilities. The funding round was led by Kleiner Perkins with participation from repeat investor Greenoaks and General Catalyst.

Carcinotech: 3D Printed Micro-Tumor Technology Company Raises $5.3 Million

By Noah Long ● Jan 30, 2024

Carcinotech announced it has raised $5.3 million of funding as the company looks to build on its traction in the UK and Europe, with US expansion planned later this year.

Boston Metal: Metals Technology Solutions Company Closes $20 Million

By Amit Chowdhry ● Jan 30, 2024

Boston Metal - a global metals technology solutions company - announced a $20 million Series C2 investment from Marunouchi Innovation Partners. This new funding round brings the series total to $282 million.

Roofer.com: Roofing Data Company Raises $7.5 Million

By Annie Baker ● Jan 30, 2024

Roofer.com - an AI-based technology company in the roofing industry - announced that it had raised a $7.5 million Seed round led by Mucker Capital with participation from Soma Capital, HF0, Asymmetric Capital Partners, Alumni Ventures, HustleFund, The Council, GoAhead Ventures, Mirada Capital and several prominent angels such as the Founder and CEO of Mercury and the Founder and CEO of ParkHub.

SER Capital Partners Raises Strategic Investment From Capricorn Investment Group

By Amit Chowdhry ● Jan 30, 2024

SER Capital Partners has announced a strategic minority investment from Capricorn Investment Group’s Sustainable Investors Fund. SER is led by partners Rahul Advani, Sara Graziano, and Rhem Wooten. The partners will continue to control, lead, and manage the minority and woman-owned firm.

Audience Town: Consumer Intelligence Company Raises Additional Funding Round

By Annie Baker ● Jan 30, 2024

Audience Town - a consumer intelligence platform that has advanced data analytics and insights for the real estate industry - announced an additional round of funding led by existing lead investors Wasatch Equity Partners.

Tau Group: €11 Million Extension Raised To Drive Energy Transition Efforts

By Noah Long ● Jan 30, 2024

Tau Group, a leading technology company driving energy transition and decarbonization efforts establishing a new global standard in electric motor insulated wire, announced it successfully closed a €11 million extension to its Series-B funding round.

AQEMIA Increases Series A Funding To €60 Million

By Annie Baker ● Jan 30, 2024

AQEMIA is a company that is continuing to grow rapidly in an effort to discover new drugs with their generative-AI fueled by deep physics. After raising €30 million last year, the tech-enabled drug discovery company announced it has received an additional €30 million investment, which brings the Series A funding round to €60 million.

Afton Scientific Raises Majority Investment From Arlington Capital Partners

By Annie Baker ● Jan 30, 2024

Arlington Capital Partners, a Washington D.C.-area private investment firm specializing in government-regulated industries, announced a majority investment in Afton Scientific, a leading contract, development, and manufacturing organization (CDMO) dedicated to the sterile manufacturing of injectable pharmaceuticals.

TeleSafety Raises Seed Funding Round Led By Launch NY

By Dan Anderson ● Jan 30, 2024

TeleSafety (by Safety Badger) recently announced a round of Seed Funding led by Launch NY, which provides mentoring and access to risk capital for high-growth startups.

Vital Interaction: Healthcare Technology Company Secures $15 Million

By Annie Baker ● Jan 30, 2024

Vital Interaction - a healthcare technology company that combines healthcare data, business intelligence, and workflow automation - announced the closing of $15 million in Series A funding led by Next Coast Ventures.

AcuraStem: Patient-Based Drug Discovery Platform Company Secures $7 Million

By Noah Long ● Jan 30, 2024

AcuraStem - a patient-based biotechnology company advancing treatments for amyotrophic lateral sclerosis (ALS), frontotemporal dementia (FTD), and other neurodegenerative diseases - announced that it has successfully raised nearly $7 million in grant funding for ALS / FTD research from the National Institutes of Health (NIH) and the Department of Defense (DOD).

Wisedocs: Medical Record Review SaaS Company Secures $12.7 Million

By Annie Baker ● Jan 30, 2024

Wisedocs - a machine learning software-as-a-service (SaaS) for medical record review, indexing, and summarization announced it has raised $9.5 million ($12.7 million CAD) in oversubscribed Series A financing.

Acadian Ventures: $30 Million Fund II Closed To Invest In Next-Gen Technologies

By Amit Chowdhry ● Jan 30, 2024

Acadian Ventures - an early-stage venture capital firm - announced the successful close of its second fund on an oversubscribed $30 million in capital commitments.

Woods Hole Oceanographic Institution: $25 Million Gift Received To Search For Ocean-Based Climate Solutions

By Amit Chowdhry ● Jan 30, 2024

The Woods Hole Oceanographic Institution (WHOI) announced a $25 million gift to support ocean-based climate solutions from the chair of the Institution’s board of trustees, Paul Salem. This gift comes as it has been the warmest year on record and faces the possibility of rapid and unregulated efforts to mitigate climate change.

Gilead To Invest $320 Million In Arcus

By Noah Long ● Jan 30, 2024

Gilead Sciences and Arcus Biosciences announced an amendment to their collaboration agreement and a separate equity investment by Gilead of $320 million in Arcus common stock at $21 per share. The equity investment and collaboration amendment enable accelerated growth of the companies’ joint development programs that span multiple indications.

MediaValet To Be Acquired In $80 Million Deal: Details

By Dan Anderson ● Jan 30, 2024

Drop Mobility Raises Growth Funding From Decathlon Capital Partners

By Annie Baker ● Jan 29, 2024

Drop Mobility - a rapidly growing e-bike share company that enables cities to purchase or lease e-bikes - has raised a growth funding package from Decathlon Capital Partners to support its continued expansion. The details of the revenue-based investment package were not disclosed.

Optym Raises Strategic Funding From Venture 53 To Make Transportation Operations Efficient

By Annie Baker ● Jan 29, 2024

Venture 53 - a pure-play industry-focused transportation and logistics fund - announced its strategic investment in Optym, a trailblazer in optimization solutions for the transportation industry. The funding comes as a testament to Optym's unparalleled leadership in transportation optimization as acknowledged by industry expert and Venture 53 Co-Founder Pat Martin.

Polycorp Raises Majority Investment From Arsenal Capital Partners

By Dan Anderson ● Jan 29, 2024

Arsenal Capital Partners (a private equity firm that specializes in investments in industrial and healthcare companies) announced that it has completed a majority investment in Polycorp Ltd., which is a leading manufacturer of engineered elastomer solutions. The terms of the deal were undisclosed.

Arlington Capital Partners: $3.8 Billion Oversubscribed Round Closed

By Amit Chowdhry ● Jan 29, 2024

Arlington Capital Partners - a Washington, D.C.-area private investment firm specializing in government-regulated industries - announced the successful close of its latest fund, Arlington Capital Partners VI (Fund VI). Fund VI closed at its hard cap with total capital commitments of $3.8 billion, exceeding the $3.25 billion target.

Fubo Invests In BKFC And Will Stream BKFC 57 Live On February 2

By Annie Baker ● Jan 29, 2024

FuboTV (d/b/a Fubo) - the leading sports-first live TV streaming platform - has made a minority investment in Bare Knuckle Fighting Championship (BKFC), the world’s fastest-growing combat sports promotion, through an investment announced by the companies today. And Fubo Co-founder and CEO David Gandler will also join BKFC’s board of directors.

TCW Launches Dedicated Asset-Backed Finance Business At Over $1 Billion

By Dan Anderson ● Jan 29, 2024

The TCW Group - a leading global investment firm with over $200 billion of assets under management - announced the launch of a dedicated Asset-Backed Finance (ABF) business anchored with over $1 billion in capital commitments from TCW, partners, and affiliates.

flyExclusive Raises $25 Million Strategic Investment from ETG FE, LLC

By Annie Baker ● Jan 29, 2024

flyExclusive - a publicly-traded provider of premium private jet charter experiences - announced the execution of a two-year revolving credit facility for up to $25.8 million with ETG FE LLC, an investment vehicle managed by EnTrust Global.

Peachtree Group: $750 Million In CPACE Financing Nearly Complete

By Amit Chowdhry ● Jan 29, 2024

In December, Peachtree Group achieved a significant milestone by securing $150 million in Commercial PACE (CPACE) financing, approaching $750 million completed since its inception in 2019. For the year, Peachtree Group completed 23 commercial property-assessed clean energy financing transactions across the U.S. for approximately $250 million in directly originated and balance-sheet-funded CPACE financing.

Compa: Offers-Based Compensation Market Data Company Raises $10 Million

By Amit Chowdhry ● Jan 29, 2024

Compa - a leading offers-based compensation market data provider - announced that it has raised a $10M Series A to bring real-time market intelligence to compensation decisions for the world’s largest and fastest-growing companies. Storm Ventures led the funding round with participation from Penny Jar Capital, HR Tech Investments (an affiliate of Indeed), NJP Ventures, Base10 Partners, and Acadian Ventures.