Venture Capital

SAVVY: Workforce Security Automation Company Raises $30 Million

By Annie Baker ● Jul 17, 2023

SAVVY - a cybersecurity pioneer that eliminates workforce-initiated security incidents involving software-as-a-service (SaaS) applications, including generative AI - recently announced that it exited stealth and raised $30 million. Canaan led the most recent Series A funding round with key investors Cyberstarts and Lightspeed. And Cyberstarts also led the initial seed round with Lightspeed.

Collective: AI-Powered Finance Platform Company Raises $50 Million

By Dan Anderson ● Jul 17, 2023

Collective - an all-in-one online back-office platform for solopreneurs - recently announced it has raised $50 million from a syndicate of investors, including Gradient Ventures, Google’s AI fund, Innovius Capital, The General Partnership, General Catalyst, QED, Expa, and Better Tomorrow Ventures, among others. Collective will use the investment to accelerate AI deployment and quickly onboard the nearly 100K businesses on its waitlist.

Jirav: Financial Planning And Analysis (FP&A) Solution Company Raises $20 Million

By Annie Baker ● Jul 15, 2023

Sapphire Ventures: Over $1 Billion Committed To Invest In AI-Powered Enterprise Tech Startups

By Amit Chowdhry ● Jul 15, 2023

Sapphire Ventures - a global software venture capital firm backing companies of consequence - announced that it is deepening its commitment to AI by investing over $1 billion in AI-powered enterprise technology startups, including those specializing in generative AI.

LunarCrush: $5 Million Raised In Round Co-Led By Draper Round Table And INCE Capital

By Amit Chowdhry ● Jul 15, 2023

LunarCrush - a rapidly growing crypto and media analytics platform - recently announced a successful $5 million Series A fundraising round, driving up the company's valuation to $30 million.

Sonio: $14 Million Raised To Improve The Health Of Pregnant People And Children

By Amit Chowdhry ● Jul 14, 2023

Sonio - a French medtech specializing in pregnant people and children's health - recently announced it had finalized a series A round of funding of $14 million following the initial commitment of the EIC Fund (European Innovation Council) last December. This funding round was led by Cross Border Impact Ventures, a North American impact fund dedicated to the health of women and children, and the Elaia funds, French Tech Seed managed on behalf of the State by Bpifrance in the framework of France 2030, OneRagtime, and business angels very active in the health field, including Dominique Gaillard (former president of France Invest), Alain Decombe (Dechert) and Yann Fleureau (founder of Cardiologs).

Cedars-Sinai Accelerator Welcomes 10 Health-Tech Companies To Ninth Class

By Amit Chowdhry ● Jul 14, 2023

The Cedars-Sinai Accelerator has welcomed ten health-tech companies worldwide to its ninth accelerator class. These businesses are building a variety of healthcare solutions-from monitoring devices for sepsis, heart failure, and stroke to virtual reality video games aimed at helping children manage pain and anxiety during medical procedures.

FononTech: Impulse Printing Company Secures €2.3 Million In Seed Funding

By Amit Chowdhry ● Jul 14, 2023

FononTech recently announced it has landed €2.3 million in a seed investment round. Five investors participated in this round. This first investment round was made possible through convertible loans of the TTT Smart Industries Fund, SHIFT Invest, Brabantse Ontwikkelingsmaatschappij (BOM), the Brabant Startup Fonds (BSF), and renowned investor Sake Bosch. Rabobank has also granted a loan.

Captions: AI-Powered Creative Studio Company Raises $25 Million

By Annie Baker ● Jul 14, 2023

Captions - a leading AI-powered creative studio - recently announced that they had raised $25 million in Series B funding led by Kleiner Perkins. And other esteemed investors, including Sequoia Capital, Andreessen Horowitz, and SV Angel, also participated, bringing the total capital raised to $40 million.

Notion Capital: Oversubscribed Fifth Fund Closed At €300 Million Hard Cap

By Amit Chowdhry ● Jul 14, 2023

bitewell: Corporate Food Health Benefits Provider Company Raises $4 Million

By Dan Anderson ● Jul 14, 2023

bitewell - the first-ever corporate food health benefits provider - recently announced an oversubscribed close of their $4 million seed round spearheaded by Lake Nona Sports & Health Tech Fund and Refinery Ventures. The participants in the round include Alex Morgan's Trybe Ventures, Mudita Venture Partners, Harvest Ridge Capital, and Bertelsmann's BDMI, among others.

Trax Receives Minor Equity Investment From TBK Bank (TriumphPay)

By Amit Chowdhry ● Jul 14, 2023

Trax Technologies - a global leader in Transportation Spend Management solutions - recently announced a minority equity investment by TBK Bank, SSB d/b/a TriumphPay, and a strategic relationship with TriumphPay, the premier payments network for freight brokers, factors, shippers and carriers in the North American trucking industry.

Paytient: $7.5 Million In Venture Debt From Silicon Valley Bank Closed

By Amit Chowdhry ● Jul 13, 2023

Paytient - the creator and leading provider of Health Payment Accounts (HPAs) - recently announced it has finalized a $7.5 million venture debt facility with Silicon Valley Bank (SVB), a division of First Citizens Bank

Aktivate: Scholastic Sports Management Software Company Raises $3.7 Million

By Amit Chowdhry ● Jul 13, 2023

Aktivate - a rapidly growing provider of scholastic sports management software, announced today the closing of a $3.7 million Series A funding round.

HighFive Healthcare: $100 Million Raised For Specialty Dental Partnership Organization

By Annie Baker ● Jul 12, 2023

HighFive Healthcare - a leading specialty dental partnership organization focused on endodontics and oral surgery - recently announced that they have closed a $100 million growth investment led by Norwest. Norwest General Partner Dr. Ryan A. Harris and dental services industry veteran David Willens will be joining the company's board of directors.

Macro Trials: $6 Million Raised For Precision Research Clinical Platform

By Noah Long ● Jul 12, 2023

Macro Trials - a new precision research clinical platform - recently launched to transform clinical trials. And the company’s founders incubated Macro Trials with INITIATE Studios, a venture studio that co-creates companies at the intersection of healthcare, life sciences, and technology.

LIQID: € 200 Million Fourth Generation Of Private Equity Offering Closed

By Amit Chowdhry ● Jul 12, 2023

LIQID announced it has successfully closed the fourth generation of its private equity offering with a record volume of € 200 million. This makes the fourth-generation fund Europe's largest private equity fund of funds for affluent private investors. And LIQID, the bank-independent wealth manager, is moving closer and closer to its goal of democratizing high-return alternative asset classes. The fifth generation of its private equity offering has already been launched.

Boost Capital Partners: First Close Of $30 Million Raised For UX Fund

By Amit Chowdhry ● Jul 12, 2023

Boost Capital Partners announced the launch of its first fund to support founders who are building exceptional user experiences to solve real-life problems. Successfully completing its first close of $30 million, the fund is led by a team with a collective experience of over 25 years in the digital consumer and gaming industries.

GoodBuy Gear: Online Resale Marketplace Company Raises $14 Million

By Annie Baker ● Jul 12, 2023

GoodBuy Gear - a leading online resale marketplace for baby and kid gear - announced a total of $14M in funding co-led by Interlock Partners and existing investor Revolution Ventures. The female-founded-and-led startup also received new funding from Crawley Ventures, Mana Ventures, Access Ventures, Relay Ventures, and Denver Angels. The funding will enable GoodBuy Gear to further scale its online marketplace and solidify its position as a leading and trustworthy baby and kid resale brand.

KTX.Finance: Decentralized Perpetuals Exchange Company Raises $4 Million

By Amit Chowdhry ● Jul 12, 2023

KTX.Finance - a decentralized perpetuals exchange on BNB Chain - recently announced a $4 million seed round financing led by Hashed. And other participants in the round include AlphaLab Capital, CRIT Ventures, 100&100 Ventures, Trinito Corporation / Morpheus, GSG Asset, KuCoin Ventures and Sky9 Capital.

Arrcus: Hyperscale Networking Software Company Closes Over $65 Million

By Amit Chowdhry ● Jul 12, 2023

Arrcus - a hyperscale networking software company and a leader in the core, 5G/edge and multi-cloud routing and switching - recently announced a significant new investment from Hitachi Ventures, the venture arm of Hitachi, for an additional closing of its Series D.

Wellington Management: Fourth Late-Stage Private Fund Closed At Over $2.5 Billion Target

By Amit Chowdhry ● Jul 12, 2023

Wellington Management - one of the world’s largest independent investment management firms - recently announced the close of its private late-stage growth strategy Wellington Hadley Harbor IV with US $2.6 billion in commitments and over $200 million in co-invest capacity to invest alongside the Fund.

Arrive: Smart Mailbox Company Raises Over $9 Million

By Amit Chowdhry ● Jul 12, 2023

Arrive, the smart mailbox company (formerly known as Dronedek), has raised more than $9 million in support of its smart mailboxes designed for autonomous delivery. The company also recently closed on a crowdfunding raise of more than $1.3 million from 428 investors, most of them new to the Indianapolis-based innovator. Plus Arrive now has nearly 5,000 individual investors and employs 15 people worldwide.

Gradia Health: Integrated Concierge Care Platform Closes $4.2 Million In Funding

By Amit Chowdhry ● Jul 12, 2023

Gradia Health - an integrated concierge care platform designed for clinics to support patients with chronic conditions - recently announced its seed funding totaling $4.2 million.

ElevenLabs: $19 Million Secured For Voice Technology Research Company

By Annie Baker ● Jul 11, 2023

ElevenLabs -a voice technology research company and world leader in audio AI software - recently announced it has raised a $19 million Series A round to continue its voice AI research and product deployment - part of its mission to make all content universally accessible. The $19 million Series A round was co-led by Nat Friedman, Daniel Gross, and Andreessen Horowitz with further participation from Credo Ventures, Concept Ventures, and an array of strategic angel investors including Instagram co-founder Mike Krieger, Oculus VR co-founder Brendan Iribe, Ubiquity6 co-founder Anjney Midha, Deepmind & Inflection co-founder Mustafa Suleyman, Runway co-founder Siqi Chen, Inkitt co-founder Ali Albazaz, Reface co-founder Dima Shvets, Perplexity AI co-founder Aravind Srinivas, Vercel founder Guillermo Rauch,// O’Reilly Media founder Tim O’Reilly, Creator Ventures and SV Angel. Embark Studios, Storytel, and TheSoul Publishing also join this round as investors. And Andreessen Horowitz is taking a board seat.

Venture Capital

SAVVY: Workforce Security Automation Company Raises $30 Million

Collective: AI-Powered Finance Platform Company Raises $50 Million

Jirav: Financial Planning And Analysis (FP&A) Solution Company Raises $20 Million

Sapphire Ventures: Over $1 Billion Committed To Invest In AI-Powered Enterprise Tech Startups

LunarCrush: $5 Million Raised In Round Co-Led By Draper Round Table And INCE Capital

Sonio: $14 Million Raised To Improve The Health Of Pregnant People And Children

Cedars-Sinai Accelerator Welcomes 10 Health-Tech Companies To Ninth Class

FononTech: Impulse Printing Company Secures €2.3 Million In Seed Funding

Captions: AI-Powered Creative Studio Company Raises $25 Million

Notion Capital: Oversubscribed Fifth Fund Closed At €300 Million Hard Cap

bitewell: Corporate Food Health Benefits Provider Company Raises $4 Million

Trax Receives Minor Equity Investment From TBK Bank (TriumphPay)

Paytient: $7.5 Million In Venture Debt From Silicon Valley Bank Closed

Aktivate: Scholastic Sports Management Software Company Raises $3.7 Million

HighFive Healthcare: $100 Million Raised For Specialty Dental Partnership Organization

Macro Trials: $6 Million Raised For Precision Research Clinical Platform

LIQID: € 200 Million Fourth Generation Of Private Equity Offering Closed

Boost Capital Partners: First Close Of $30 Million Raised For UX Fund

GoodBuy Gear: Online Resale Marketplace Company Raises $14 Million

KTX.Finance: Decentralized Perpetuals Exchange Company Raises $4 Million

Arrcus: Hyperscale Networking Software Company Closes Over $65 Million

Wellington Management: Fourth Late-Stage Private Fund Closed At Over $2.5 Billion Target

Arrive: Smart Mailbox Company Raises Over $9 Million

Gradia Health: Integrated Concierge Care Platform Closes $4.2 Million In Funding

ElevenLabs: $19 Million Secured For Voice Technology Research Company

Solenic Medical: $5.1 Million Raised To Build Devices For Treating Prosthetic Joint Infections

Sharrow Marine: Over $30 Million In Funding Raised

NewHaptics: Tactile Display Technology University Of Michigan Spin-Off Raises Funding From Accelerate Blue Fund

Danti: $2.75 Million Closed To Find Info About Physical Spaces On Earth

Leap: Retail Platform For Modern Brands Secures $15 Million