Venture Capital

RecruitBot: Hiring Platform Company Closes $8.2 Million In Funding

By Annie Baker ● Jul 25, 2023

RecruitBot - a powerful hiring platform that transforms the entire recruiting experience - recently announced it has raised $8.2 million in additional seed funding to fuel the growth of its AI-powered software. The investment was led by Slow Ventures with participation from OCA, Freestyle, Parade, and Kevin Mahaffey. Through RecruitBot, recruiters get access to modern sales and marketing technologies built for their specific recruiting activities.

CarbonCure: $80 Million Secured For Carbon Dioxide Removal Technology

By Noah Long ● Jul 25, 2023

CarbonCure Technologies - a global leader in carbon dioxide removal technologies for the concrete industry - recently announced a major investment led by Blue Earth Capital as part of a broader collaborative investment round totaling more than $80 million.

Rocsys: $36 Million Closed To Build Autonomous Charging Solutions For Electric Transportation

By Annie Baker ● Jul 25, 2023

Rocsys - a leading provider of autonomous charging solutions for electric transportation - recently announced a $36 million Series A funding round. SEB Greentech Venture Capital led the funding round, including participation from Graduate Entrepreneur, the European Investment Bank, and returning investor Forward.One. With this latest funding round (which includes a roughly equal split of debt and equity financing), Rocsys will expand the capabilities of its platform as it rapidly scales its presence in the United States and Europe.

SpyGlass Pharma: Ophthalmic Therapeutics Company Closes $90 Million

By Annie Baker ● Jul 24, 2023

SpyGlass Pharma - a privately-held ophthalmic therapeutics company- recently announced the closing of $90 million in Series C financing. The financing, which RA Capital Management led alongside existing investors New Enterprise Associates (NEA) and Vensana Capital, as well as new investors Samsara BioCapital and Vertex Ventures HC, will enable the company to conduct multiple US clinical trials of SpyGlass’ innovative drug delivery platform.

Arrive: Smart Mailbox Company Bags $1.3 Million

By Noah Long ● Jul 24, 2023

Arrive - an smart mailbox company (formerly known as Dronedek) - recently announced that it raised more than $1.3 million from 428 investors, most of them new to the Indianapolis-based innovator. This is the second time Arrive has eclipsed $1 million in crowdfunding efforts. And the company now has nearly 5,000 individual investors and has raised more than $9 million in its total fundraising efforts since the company was founded in 2014. The startup now employs 15 people worldwide.

EQT: Exeter Industrial Value Fund VI Closed At $4.9 Billion

By Annie Baker ● Jul 24, 2023

EQT announced that EQT Exeter Industrial Value Fund VI had held its final close at $4.9 billion in fee-generating assets under management. And the demand from existing and new investors was strong, with commitments coming from a diverse group of pensions, foundations, insurance, and sovereign clients across North America, South America, Europe, Asia, and the Middle East.

Figure: AI Robotics Company Closes $9 Million From Intel Capital

By Amit Chowdhry ● Jul 24, 2023

Figure - an AI Robotics company building general-purpose humanoid robots - recently announced a $9 million equity investment made by Intel Capital. This funding round from Intel Capital helps strengthen Figure's balance sheet and will accelerate the development of Figure 01 (the company's autonomous humanoid robot), build out Figure's AI data pipeline for autonomous operations, and drive the Company toward commercialization. This announcement follows the company's most recent achievement of the Figure 01 robot taking its first steps.

Runway: Strategic Planning Platform Company Secures $27.5 Million

By Amit Chowdhry ● Jul 24, 2023

Runway - a leading Strategic Planning platform - recently announced $27.5 million in Series A funding led by Initialized Capital to accelerate its vision of empowering all teams to make better business decisions faster.

Gooten: Order Management Technology Company Closes $11 Million

By Noah Long ● Jul 23, 2023

Gooten - a global provider of order management technology for on-demand manufacturing - recently announced the closing of $11 million of Series A funding. The funding round was led by KEC Ventures, with participation from INX International, Tech Pioneers Fund, and other existing investors. As part of the funding round, Will Geiger of Touchdown Ventures will join Gooten as a board observer on behalf of INX International.

La La Land Kind Cafe: Coffee Shop Chain Closes $20 Million In Funding

By Noah Long ● Jul 23, 2023

La La Land Kind Cafe - a chain of coffee shops - recently announced that it raised a $20 million investment from John Phelan, former Co-Founder and Chairman Emeritus of MSD Capital, L.P. and Founder of Rugger Management LLC, and Andy Teller, a private investor.

Ten Thousand: Activewear Brand Company Secures $21.5 Million

By Dan Anderson ● Jul 23, 2023

New York-based men's activewear brand Ten Thousand recently announced a $21.5 million Series A raise and a partnership with Life Time, North America's premier Athletic Country Clubs and omnichannel Healthy Way of Life Brand. The funding round and partnership underscore Ten Thousand's strong following, differentiated positioning, and rapid growth. Provenance led this investment with participation from Fernbrook and Alfa. And this syndicate joins existing seed investors, including Dave Gilboa (co-founder of Warby Parker), Blue Scorpion, and Elizabeth St Ventures.

Optiversal Raises $4.2 Million To Help Large Retail Enterprises Accelerate Content Creation Using AI

By Dan Anderson ● Jul 23, 2023

Optiversal - a generative AI content provider accelerating content creation for large retail enterprises - recently announced that it has secured $4.2 million in seed funding led by Bling Capital with participation from Alpaca Ventures and Red Sea Ventures.

Metafold: $1.78 Million Raised To Drive Mass Industrial 3D Printing Adoption

By Amit Chowdhry ● Jul 22, 2023

Metafold - the only provider of a cloud- and API-based 3D engineering platform - recently announced it raised $1.78 million in seed funding to advance the mass adoption of industrial 3D printing with sustainability at the forefront of its mission. And Differential Ventures led the oversubscribed investment round with participation from Active Impact Investments, who led the company’s pre-seed round, climate-tech-focused Jetstream, and Standup Ventures.

RADAR: $30 Million Secured To Develop Platform For Combining RFID And Computer Vision

By Dan Anderson ● Jul 21, 2023

RADAR - a technology platform that combines RFID and computer vision technology to track and precisely locate in-store inventory with 99% accuracy - announced it secured $30 million in Series A funding, bringing its total funding to date to $63 million.

Tangibly: SaaS Trade Secret Management Platform Company Raises $6.5 Million

By Annie Baker ● Jul 21, 2023

Tangibly - a SaaS trade secret management platform - recently announced the successful completion of its Seed round. This funding round was led by Madrona and included Spike Ventures, Volo Ventures, Holt Ventures, MVP Ventures, Incisive Ventures, WS Investment Company (an affiliate of Wilson Sonsini Goodrich & Rosati), and DLA Piper.

Teleskope Raises $2.2 Million To Automate Data Security, Privacy, And Compliance At Scale

By Amit Chowdhry ● Jul 20, 2023

Teleskope - a cybersecurity startup - recently announced it launched a data protection platform that automates data security, privacy, and compliance at scale, helping organizations comply with regulations like GDPR and CCPA, and reduce the manual and operation burden on security, data, and engineering teams. And the company raised $2.2 million in pre-seed funding led by Lerer Hippeau.

Energy Dome: CO2 Battery Company Brings In €55 Million In Funding

By Amit Chowdhry ● Jul 20, 2023

Energy Dome - the company behind the CO2 Battery, which is an innovative long-duration energy storage solution, today announced the closing of its second tranche of Series B funding, bringing the overall round to a total of €55 million (about USD $60 million).