Venture Capital

Skylight: Digital Photo Frame And Smart Calendar Company Closes $15 Million

By Noah Long ● Aug 8, 2023

Skylight - a leading digital photo frame and smart calendar brand - recently announced that the company has raised $15 million in debt through its partnership with SG Credit Partners. And as the company continues to grow profitably, the new capital will be used to support inventory purchases and ensure sufficient product stock to meet increasing demand.

Stay Ai: $15.1 Million Raised To Develop Customer Loyalty Operating System For Shopify Brands

By Dan Anderson ● Aug 8, 2023

Stay Ai - a customer loyalty operating system for Shopify brands - recently announced that it has raised a $15.1m Series A, the company's first funding announcement since launching in October 2021. And this funding round consists of an $8.6 million investment led by Telescope Partners with participation from Boulder Food Group, Riverpark Ventures, and Vanterra Capital.

GoTab: Leading Hospitality Commerce Platform Company Closes $18 Million In Funding

By Annie Baker ● Aug 8, 2023

GoTab, a leading hospitality commerce platform, recently announced its closing on its $18 million Series A funding round. The funding round was led by Truist Ventures.

ConductorOne: Identity Security And Access Governance Company Raises $27 Million

By Amit Chowdhry ● Aug 8, 2023

ConductorOne - a leader in identity security and access governance - recently announced a $12 million expansion of its Series A funding led by Felicis.

Futureverse: $50 Million Fund Launches To Invest In Early-Stage Web3 And Metaverse Companies

By Amit Chowdhry ● Aug 8, 2023

Futureverse co-founders Shara Senderoff and Aaron McDonald recently announced the launch of Born Ready, a new $50 million venture fund and studio. This fund primarily focuses on accelerating the development and adoption of emerging technology ventures with potential strategic collaboration with Futureverse or The Root Network, a public decentralized blockchain network optimized for metaverse apps and experiences.

Interface: $1.4 Million Raised For Enhancing Mobile Explorer For Ethereum Users

By Amit Chowdhry ● Aug 8, 2023

Interface - a mobile companion for Ethereum enthusiasts - recently announced it had raised $1.4 million in a seed round led by Polymorphic Capital and Mask Network. The funding will enable new use cases and facilitate further expansion into various industry niches. The company reimagines how users explore and navigate the blockchain by organizing transactions into a human-friendly feed and consolidating users’ entire on-chain presence.

40Seas: Cross-Border Order Now Pay Later Company Extends Seed Round To $17 Million

By Amit Chowdhry ● Aug 8, 2023

40Seas - a leading Order Now, Pay Later cross-border digital financing solution - recently announced it had secured an additional $6 million in seed funding, extending its initial $11 million seed round announced in January of this year to $17 million. New investors Eminence Ventures and QED Investors also participated in the extended round, including participation from existing investors Team8 and ZIM.

Pelvital: Women’s Health Company Raises $2.68 Million

By Annie Baker ● Aug 8, 2023

Pelvital - a leading innovator in women's health - recently announced closing a $2.68 million seed funding round for Flyte, an accessible and clinically proven treatment for stress urinary incontinence (SUI) and weakened pelvic floor muscles. This funding milestone emphasizes Flyte’s significant impact in addressing an underserved health concern among women.

SnoFox: Business Intelligence Company Closes $4.5 Million In Funding

By Noah Long ● Aug 8, 2023

SnoFox - a leading business intelligence tool that provides data analytics for the global cold chain - recently announced its $4.5 million seed round led by Voyager Ventures, bringing total funding to $5.7 million. The funding round also includes Pale Blue Dot, Ponderosa Ventures, and Mudcake participation.

Sk3w Technologies: Monitoring And Standardization Solutions Company Secures $7 Million

By Dan Anderson ● Aug 8, 2023

Sk3w Technologies recently announced that it has raised $7 million in a Series A round led by Tower Research Ventures, IMC, and Citadel Securities.

Source: B2B Commercial Construction Product Company Closes $8.5 Million

By Annie Baker ● Aug 8, 2023

Source - a leading B2B marketplace for commercial construction products - recently announced it closed on a $8.5 million Series A funding round. This funding round was led by M13 with participation from Rise of the Rest, Rogue Venture Partners, Founders' Co-op and Oregon Venture Fund. Source had previously raised a total of $3.7 million.

AMOpportunities: $2 Million Secured To Connect Medical Students/Graduates With Physicians

By Annie Baker ● Aug 8, 2023

AMOpportunities recently announced an additional $2 million to its Series A2 from new investors Laerdal Million Lives Fund and LAGO Innovation Fund, as well as current investors PACE Healthcare Capital, OCA Ventures, and HealthX Ventures. This funding round is now fully subscribed and will close imminently. And this brings the total funding to nearly $11 million.

Vekst Capital To Invest In West Michigan Businesses

By Amit Chowdhry ● Aug 8, 2023

Vekst Capital announced it had tapped West Michigan native Steve Tolger to run its private investment firm that invests long-term in family-owned West Michigan companies. Grand Rapids businessman Tim Engen is the founder of Vekst and Tolger will drive the vision and investments as company president. Steve Smith will serve as Vekst’s chief financial officer.

Transcend: $20 Million Raised To Automate Critical Infrastructure Design

By Amit Chowdhry ● Aug 7, 2023

Transcend Software - a leading SaaS provider of generative design tools for critical infrastructure - recently announced it has closed on its Series B financing round with participation from Autodesk, a leading software provider for the architecture, engineering, construction, manufacturing, product design, and media and entertainment industries. The existing investors, including HG Ventures, PureTerra, and Aspen Capital Group, participated in the round, along with new investors Arosa Capital and Riverstone Holdings LLC.

Orbital: Finance And Crypto Payments Company Secures £5 Million

By Amit Chowdhry ● Aug 6, 2023

Orbital - a London, Tallinn and Gibraltar-based traditional finance and crypto payments platform for global enterprises - recently announced it has raised £5 million ($6.4 million) in an oversubscribed growth round led by Golden Record Ventures at an attractive valuation in which the founders are maintaining a large majority. The participants in the round include New Form Capital, GSRV, Psalion and Luminous Futures.

Language I/O: Business-Accurate Translation Technology Company Secures $8 Million

By Amit Chowdhry ● Aug 6, 2023

Language I/O (LIO) - a leader in real-time, business-accurate translation technology - recently announced an $8 million Series A1 funding round led by Joint Effects, a venture capital firm based in Boston, MA.

Fungies.io: Pre-Seed Funding Round Closed To Help Game Developers Set Up Web Shops

By Amit Chowdhry ● Aug 6, 2023

Fungies.io recently announced the closure of its Pre-Seed funding round with investments from firms like Depo Ventures, Czechfounders.VC, Necto Labs, CV VC, Outlier Ventures, Tatum, and StartupYard.

Septerna: $150 Million Raised To Discover And Advance Novel Oral Small Molecule Medicines Targeting G Protein-Coupled Receptors

By Amit Chowdhry ● Aug 3, 2023

Septerna - a biotechnology company discovering and advancing novel oral small molecule medicines targeting G protein-coupled receptors (GPCRs) - recently announced the closing of a $150 million Series B financing. And the company will use the funds to continue the development of its portfolio of novel products targeting well-validated GPCRs, including the advancement of its lead program targeting the parathyroid hormone 1 receptor (PTH1R) to clinical proof-of-mechanism and preclinical advancement of its program targeting thyroid stimulating hormone receptor (TSHR) and other earlier stage assets.

Impulse Space: In-Space Transportation Services Company Raises $45 Million

By Noah Long ● Aug 3, 2023

Impulse Space - a leader in developing in-space transportation services for the inner solar system – recently announced it secured $45 million in its Series A funding round. The funding round was led by RTX Ventures, the venture capital arm of RTX (NYSE: RTX).

OneTrust: Trust Intelligence Company Raises $150 Million

By Annie Baker ● Aug 3, 2023

OneTrust - a market-defining leader for trust intelligence - recently announced a $150 million funding round. This funding round will bolster OneTrust’s continued growth to meet customer demand for trust intelligence software. The funding round was led by new investor Generation Investment Management with participation from existing investor Sands Capital, bringing the total funds raised to date to over $1 billion with a current $4.5 billion valuation.

Frigade: $3 Million Secured To Build Developer Tool For Product Onboarding

By Annie Baker ● Aug 3, 2023

Frigade - a product onboarding and adoption solution for React - recently announced $3 million in seed funding. This funding round was led by Craft Ventures and La Famiglia, with participation from Y Combinator, Defy.vc, and Magic.fund, and individual investors like Vercel founder Guillermo Rauch, Dropbox co-founder Arash Ferdowsi and Plaid CTO Jean-Denis Greze.

Supply Change Capital: $40 Million In Funding Closed To Invest In The Future Of Food

By Amit Chowdhry ● Aug 3, 2023

Supply Change Capital - a venture capital firm that is focused on investing in the future of food - recently announced the closing of its inaugural $40 million Fund. As one of the largest Latina-led funds, the firm has deployed over $13 million across 15 early-stage food and agriculture technology companies since June 2021. The firm's investments include deep tech food, agriculture and ingredient companies, supply chain technology, and enterprise software. Latinx, Black, and/or Female Founder/CEOs comprise 80% of the portfolio.

Wisdom Ventures: Oversubscribed $10 Million Fund I Closed To Invest In Wellness Companies

By Amit Chowdhry ● Aug 3, 2023

Wisdom Ventures - an unconventional venture capital firm focused on promoting mindfulness, compassion, well-being, and human connection - recently successfully closed its inaugural Fund I with an oversubscribed raise of $10 million. And this achievement represents a significant milestone for Wisdom Ventures and demonstrates the interest in this opportunity-rich field and trust in its esteemed Limited Partners (LPs).

Angelo Gordon: $1 Billion Closed For Asset Based Specialty Private Credit Opportunities

By Amit Chowdhry ● Aug 3, 2023

Angelo Gordon - a $73 billion alternative investment firm focused on credit and real estate investing - recently announced the final close of the AG Asset Based Credit Fund, L.P. with over $1 billion of equity commitments, exceeding its $800 million target. And the fund received significant support from existing Angelo Gordon clients and new institutional investors attracted to the firm’s demonstrated ability to generate value through global private credit strategies.

Davidson Kempner Capital Management: $3 Billion Opportunities Fund VI Closes

By Amit Chowdhry ● Aug 3, 2023

Davidson Kempner Capital Management LP - a global investment management firm - recently announced that it has closed its Davidson Kempner Opportunities Fund VI (DK Opportunities Fund VI) with $3 billion in capital commitments.

Cosmic Wire: $30 Million Secured For Building Web3 And Blockchain Solutions

By Noah Long ● Aug 3, 2023

Cosmic Wire - a leading technology company innovating Web3 and blockchain solutions - recently announced the completion of their Series Seed round raising $30 million.

BusRight: $7 Million Raised To Advance Safe And Efficient School Bus Technology

By Annie Baker ● Aug 3, 2023

BusRight - a safe and efficient school bus technology provider - recently announced it had raised a $7 million Series A funding round led by Las Olas Venture Capital.

Colleen AI: $3.5 Million Raised To Optimize Rent And Debt Collections For Multifamily Properties

By Noah Long ● Aug 3, 2023

Colleen - an Artificial Intelligence (AI) platform optimizing payment collections for multifamily real estate business - recently announced that it has raised $3.5 million in Series Seed funding.

Bracket Capital: Third Flagship Fund Totaling $150 Million Launches

By Amit Chowdhry ● Aug 3, 2023

Bracket Capital - a global multi-asset investment manager focused on growth and later-stage, technology-enabled companies - recently announced the successful close of its third flagship funds Bracket Capital Fund III, LP, Bracket Capital Fund III-A, LP and related vehicles (collectively known as Fund III), totaling $150 million.

3D BioFibR: $3.52 Million Secured For Commercializing Premium Collagen Fiber Products

By Annie Baker ● Aug 3, 2023

3D BioFibR - a leading innovator in biomaterials for tissue engineering - recently announced it has raised over $3.52 million in seed financing. This financing will expand 3D BioFibR’s facilities to include a climate-controlled biomanufacturing cleanroom and bring its premium collagen fiber products to market.