Venture Capital

Impulse Space: In-Space Transportation Services Company Raises $150 Million (Series B)

By Amit Chowdhry ● Oct 2, 2024

Impulse Space, a leader in developing in-space transportation services, announced a $150 million Series B funding round led by Founders Fund. The round also included participation from other returning investors like Lux Capital and Spring Tide and attracting new investors, such as DCVC. Other participants in the funding round included Airbus Ventures, Alumni Ventures, Balerion Space Ventures, RTX Ventures, Tamarack Global, 137 Ventures, Elysium, First Principles Group, Island Green, Overmatch, and Trousdale Ventures.

Ostia Sciences: University Of Toronto Spinout Raises Over C$1 Million

By Amit Chowdhry ● Oct 2, 2024

Ostia Sciences, a spinout from the University of Toronto specializing in oral and respiratory microbiome solutions, announced it has raised over C $1 million in its seed round and secured full intellectual property (IP) transfer from the university.

Lucky Energy: Better-For-You Energy Drink Company Secures $11.75 Million (Series A)

By Amit Chowdhry ● Oct 2, 2024

Lucky Energy, a simpler and better-for-you energy drink company, announced the closing of an oversubscribed $11.75 million Series A led by Brand Foundry Ventures with additional investment from Imaginary Ventures, Sapphire Sport, and Sugar Capital, among others.

Gallant Capital Partners: Fund II Closed At $406 Million

By Amit Chowdhry ● Oct 2, 2024

Los Angeles-based Gallant Capital Partners announced the final closing of Gallant Capital Partners Fund II (GCP II) at $406 million, a meaningful increase over Gallant’s first fund. Gallant was launched in 2018 and has completed over 30 transactions to date with over $1.2 billion in assets under management.

Air Doctor: Travel Health Company Secures $20 Million (Series B)

By Amit Chowdhry ● Oct 2, 2024

Travel health leader Air Doctor announced that it has raised $20 million in series B funding in a round led by aMoon. Participation came from strategic investors Tokio Marine Holdings and Samsung Ventures (SVIC) and current shareholders Lightspeed Venture Partners, Vintage Investment Partners, Phoenix Insurance, and Munich Re Ventures.

DocJuris: AI Contract Company Raises Series A Funding

By Amit Chowdhry ● Oct 2, 2024

DocJuris, a leader in AI contract review, announced the closing of its Series A funding round, raising $8 million in new capital, bringing the total capital raised to date to $11.2 million. Silverton Partners, the most active venture capital firm in Texas, led the funding round, with participation from previous investors Watertower Ventures, Surface Ventures, and Seed Round Capital.

thebad.company Working With WeFunder In Raising $250 Million

By Amit Chowdhry ● Oct 2, 2024

Colorado-based venture studio, business accelerator, and investment group thebad.company announced a noteworthy partnership with WeFunder, aimed at raising $250 million over the next ten years. And the funds will be used to solve Colorado's critical challenges, focusing on workforce readiness, reshoring manufacturing, and transforming the artificial intelligence (AI) landscape.

SmartSKN: $7 Million Deal Signed With LillyCover Korea

By Amit Chowdhry ● Oct 2, 2024

AI-based beauty solutions leader SmartSKN partnered with LillyCover, a pioneer in Korean skincare technology. This $7 million deal grants SmartSKN exclusive rights to introduce AI-driven skincare robots to the U.S. market, combining the best of K-beauty with cutting-edge AI skincare personalization.

Numa: $32 Million (Series B) Raised To Transform Auto Dealerships

By Amit Chowdhry ● Oct 2, 2024

Numa, an AI-based platform transforming auto dealerships, announced a $32 million Series B funding round. Touring Capital, a growth stage firm focused on AI-powered software, and Mitsui & Co., a global conglomerate generating $1.2 billion in annual profit from automotive and mobility, led the round. Existing investors Costanoa Ventures, Threshold, and Gradient Ventures also participated.