Venture Capital

AppDirect: $100 Million Raised From CDPQ For Capital Program

By Noah Long ● Jan 10, 2024

AppDirect - a leading B2B subscription commerce platform in North America - recently announced it has secured $100 million (about CAD 136 million) in funding from global investment group CDPQ.

Keepit: SaaS Backup And Recovery Company Secures $40 Million

By Amit Chowdhry ● Jan 10, 2024

Keepit announced HSBC Innovation Banking has provided a $40 million refinancing package in partnership with The Export and Investment Fund of Denmark (EIFO). And the new funding frees up capital for further investments in international expansion, hiring, business operations, and product development as Keepit continues to scale and build out its market-leading platform for SaaS data protection.

Xaba: $2 Million Secured To Build Self-Programming Robotic Systems For Manufacturing

By Annie Baker ● Jan 10, 2024

Xaba - a developer of the first AI-powered cognitive software solution to automate programming and deployment of robotics and CNC machines - recently announced it has raised $2 million in a seed extension round of funding to bring AI-driven fabrication processes and intelligent autonomous machines to market.

Second Dinner: Game Development Studio Company Raises $100 Million

By Amit Chowdhry ● Jan 9, 2024

Second Dinner - an award-winning game development studio behind the hit game MARVEL SNAP - recently announced a $100 million Series B investment led by industry titan Griffin Gaming Partners. This investment is Second Dinner’s latest step in the endless pursuit of making the world’s MOST FUN games.

SynMax: Maritime And Energy Intelligence Company Raises $13 Million

By Dan Anderson ● Jan 9, 2024

SynMax - a maritime and energy intelligence company - recently announced the successful closure of its latest investment round. The company raised $13 million at a $50 million pre-money valuation, led by renowned energy trader Bill Perkins. This round also saw participation from Alex Moore, co-founder of Palantir.

WellBe Senior Medical: CVS Health Ventures Investment To Be Used For Nationwide Expansion

By Annie Baker ● Jan 9, 2024

WellBe Senior Medical - an in-home value-based care provider to the Medicare Advantage population - recently announced an investment from CVS Health Ventures (the corporate venture capital arm of CVS Health).

Health In Her HUE: $3 Million Raised To Connect Women Of Color To Sensitive Healthcare Providers

By Annie Baker ● Jan 9, 2024

Health In Her HUE - a premier digital health platform aimed at reducing racial health disparities for Black women and women of color through technology, media and community - recently announced that the company has raised a $3 million seed funding round to fuel its growth by investing in talent and building out new programs and products.

Gallant Therapeutics: Animal Health Biotech Company Secures Over $15 Million

By Annie Baker ● Jan 9, 2024

Gallant Therapeutics - an animal health biotechnology company pioneering off-the-shelf stem cell therapies for pets - recently announced the successful completion of its Series A financing, securing over $15 million. The funding round - which was led by BOLD Capital and joined by new investors Digitalis Ventures and Hill Creek Partners - positions Gallant for a major phase of growth as they advance towards conditional FDA approval of their leading therapeutic candidate for Feline Chronic Gingivostomatitis (FCGS).

Revagenix: Funding Raised To Develop Novel Antibiotics

By Dan Anderson ● Jan 8, 2024

Revagenix - a biopharmaceutical company dedicated to the discovery and development of novel antibiotics - recently announced the appointment of Cristina Larkin, Bruce Montgomery, MD, and Michael Lamprecht, PhD, to its board of directors in connection with closing its Series B funding round from core investors Tenmile and Novo Holdings.

Care Continuity: Data-Driven Patient Navigation Company Closes $10 Million In Funding

By Annie Baker ● Jan 8, 2024

Care Continuity - a leader in data-driven patient navigation serving some of the country's largest health systems, payers, and ACOs - recently announced the closing of $10 million in Series A-3 funding co-led by Empactful Capital & Viewside Capital Partners with participation from Flat Creek Capital and Loop 289 Limited Partners.

Imbed Biosciences: $10 Million Raised In Round Led By Niterra

By Noah Long ● Jan 8, 2024

Niterra announced today its participation in the $10 million convertible debt financing for Imbed Biosciences (a tissue engineering company developing advanced biomaterials for soft-tissue repair). And Niterra’s investment was made through the CVC fund jointly operated with Pegasus Tech Ventures and this round included strong participation from existing investors.

Vortexa: $34 Million Secured To Accelerate Analytics Platform For Energy And Freight Markets

By Annie Baker ● Jan 8, 2024

Vortexa - the leading real-time global analytics platform for energy and freight markets - recently announced the successful completion of its $34 million Series C funding round. The investment funds managed by Morgan Stanley Expansion Capital spearheaded the funding, with strong participation from existing investors Notion Capital, Monashees, Metaplanet, FJ Labs, and Communitas Capital.

Why Pelican Energy Partners Is Buying Container Technologies Industries

By Noah Long ● Jan 8, 2024

Pelican Energy Partners Base Zero LP recently announced the acquisition of Container Technologies Industries, LLC from a group of private shareholders. Based in Helenwood, Tennessee, CTI is a manufacturer of containment solutions for the nuclear industry. CTI is a certified HUBZone small-business whose customers include the U.S. Department of Energy, the U.S. Department of Defense, and the commercial-nuclear industry.

Leavitt Equity Partners: Over $180 Million Fund III Closed

By Amit Chowdhry ● Jan 8, 2024

Leavitt Equity Partners - a value-added healthcare-focused private equity firm - recently announced the closing of its third fund, Leavitt Equity Partners III (LEP III). And LEP III raised over $180 million, surpassing the investment firm’s initial target of $150 million.

QuantHealth: Funding Raised From Accenture And Other Investors

By Dan Anderson ● Jan 8, 2024

QuantHealth - an AI-powered clinical trial design company that simulates clinical trials - recently announced it has received a strategic investment from Accenture Ventures, participation from a leading CRO firm, and additional investors. And the new funding brings the total Series A round to $17 million. It will enable QuantHealth to enhance its platform used by pharmaceutical and biotech companies to save millions on clinical trials and drug development.

Rocscience: Strategic Investment Raised From TA Associates

By Annie Baker ● Jan 8, 2024

Rocscience - a pioneering provider of geotechnical software solutions - recently announced that TA Associates, a leading global private equity firm, completed a strategic growth investment.

Advent Technologies Raises Funding From EUDP

By Annie Baker ● Jan 8, 2024

Advent Technologies Holdings - an innovation-driven leader in the fuel cell and hydrogen technology space - recently announced that its subsidiary Advent Technologies, A/S has secured funding approval for its latest research and development project from the Danish Energy Technology Development and Demonstration Program (EUDP). The project - titled 'Modular Efficient Power Generation with Advanced Fuel Cell Power Converters” - has secured total funding of approximately $1.83 million, and it is scheduled to kick off in the second quarter of 2024, spanning a three-year duration.

Affinity Learning Raises Funding From O’Shaughnessy Ventures

By Amit Chowdhry ● Jan 8, 2024

O'Shaughnessy Ventures LLC - a family office that invests in ambitious seed and pre-seed startups - recently announced that it has invested in Affinity Learning.

Knownwell: AIaaS Platform Company Raises $2 Million In Pre-Seed Funding

By Annie Baker ● Jan 7, 2024

Knownwell - a pioneering AIaaS (Artificial Intelligence as a Service) platform company – recently announced the successful closing of a $2 million pre-seed round. This funding round marks a significant milestone in Knownwell's goal of transforming the professional services sector with its cutting-edge Intelligent Enterprise Operating System.

Clarametyx Biosciences: $33 Million Secured To Advance Anti-Biofilm Biologics For Bacterial Infections

By Annie Baker ● Jan 6, 2024

Clarametyx Biosciences - a clinical-stage company developing targeted, immune-enabling biologic therapies to counter persistent infections associated with biofilms – recently announced the successful completion of a $33 million Series A round. The Series A financing was led by the Ohio Innovation Fund, with participation from current investors Nationwide Children’s Hospital, Rev1 Ventures, JobsOhio Growth Capital, C Bio Investors, and 1776 Fund.

Nabla: $24 Million Raised To Expand Ambient AI Assistant For Practitioners

By Amit Chowdhry ● Jan 6, 2024

Nabla – a leading ambient AI assistant for practitioners - recently announced the initial close of a $24 million Series B funding round led by Cathay Innovation, with participation from ZEBOX Ventures.

Banner Ridge: $2.15 Billion In Oversubscribed Secondary Fund V Closed

By Amit Chowdhry ● Jan 6, 2024

Banner Ridge Partners - a $7.3 billion multi-strategy private equity investment firm - has completed fundraising for Banner Ridge Secondary Fund V (BRP V) at its hard cap with $2.15 billion of total commitments. BRP V is the latest fund to be raised as part of the firm's flagship secondary program.

CRISPR QC: Genetic Medicine Company Closes $10 Million In Funding

By Dan Anderson ● Jan 6, 2024

CRISPR QC, a San Diego-based biotechnology company that has developed the world’s first platform to precisely analyze the quality of the CRISPR/CAS9 gene editing system – has raised $10 million in funding led by Xcellerant Ventures.

Credo Health: Medical Record Retrieval And Analysis Company Closes $5.25 Million In Funding

By Annie Baker ● Jan 6, 2024

Credo Health - a leader in technology for value-based care – recently announced it has successfully secured $5.25 million in series seed funding. FCA Venture Partners led the funding round with existing investors, including Hannah Grey VC, FirstMile Ventures, and SpringTime Ventures.

Nalu Medical: $65 Million Raised To Advance Treatments For Chronic Neuropathic Pain

By Noah Long ● Jan 5, 2024

Nalu Medical - a private company focused on innovative, minimally invasive, and non-opioid solutions for chronic neuropathic pain - recently announced the closing of a $65 million equity financing.

Heart + Paw Raises Significant Strategic Growth Investment From Whistler Capital

By Annie Baker ● Jan 5, 2024

Heart + Paw (H+P) - a veterinary and multi-service pet care company leading the future of pet care in digitally enabled and thoughtfully-designed locations - recently announced a significant strategic growth investment from Whistler Capital Partners, a leading healthcare-focused private equity firm. Heart + Paw will continue to be led by its existing management team, including founder and Chief Veterinary Officer Dr. George Melillo and CEO Dave Lasus. The financial terms were not disclosed.

TCG Crossover: Oversubscribed $1 Billion TCGX Fund II Closed

By Annie Baker ● Jan 5, 2024

TCG Crossover (TCGX) - a life sciences-focused investment firm with a fully flexible mandate to invest in both private and public companies - recently announced the closing of its second fund, TCGX Fund II, with $1 billion in capital, exceeding its original hard cap of $900 million in total capital commitments. This offering attracted strong support from new and existing limited partners, with commitments coming globally from investors in North America, Europe, the Middle East, and Asia.

Moonwalk Biosciences: Genomic Medicine Company Raises $57 Million

By Noah Long ● Jan 5, 2024

Moonwalk Biosciences - a genomic medicine company pioneering precision epigenetic medicines - recently announced the completion of $57 million in seed and Series A financing from Alpha Wave Ventures, ARCH Venture Partners, Future Ventures, GV, Khosla Ventures and YK Bioventures. The funding will support the continued advancement of Moonwalk’s epigenetic profiling and engineering technology platform and progress its pipeline of epigenetic therapeutics toward the clinic.

Reimagine Care: Strategic Investment From Oncology Ventures Raised

By Noah Long ● Jan 5, 2024

Reimagine Care - a leading provider of virtual-first cancer care - recently announced an investment from Oncology Ventures, a cancer-focused venture capital fund. This funding round marks a significant milestone in the combined pursuit of innovative and patient-centric approaches to cancer care delivery.

Happy Money Signs Strategic Deal With TruStage

By Annie Baker ● Jan 5, 2024

Happy Money - a leading platform for unsecured lending in partnership with credit unions - recently announced the close of a strategic transaction led by TruStage Ventures and other institutional investors. Happy Money remains a privately held company with independent operations under CEO Joe Heck.