Venture Capital

Attovia Therapeutics: Precision Proteomics Company Closes $60 Million In Funding

By Annie Baker ● Jul 11, 2023

Alamar Biosciences (a company powering precision proteomics to enable the earliest detection of diseases) and Frazier Life Sciences recently announced the launch of Attovia Therapeutics, which is a newly formed company focused on creating a pipeline of biotherapeutics in immune-mediated disease and cancer. The company - based on Attobody, Alamar’s novel proprietary biparatopic nanobody platform - concurrently closed a $60 million Series A financing led by Frazier and joined by venBio and Illumina Ventures.

Cleareye.ai: Strategic Investment Raised From J.P. Morgan

By Amit Chowdhry ● Jul 11, 2023

Cleareye - the provider of a category-leading digital trade finance solution ClearTrade for digital automation of trade compliance and operations - recently announced it has secured a strategic investment from J.P. Morgan.

Hypar: $5.5 Million Secured For Building Design Automation Platform

By Annie Baker ● Jul 11, 2023

Hypar - a cloud-based design automation platform for buildings - recently announced a $5.5 million Series A round led by Brick & Mortar Ventures with participation from Building Ventures.

DUOS: Digital Health Company Closes $10 Million To Empower Older Adults To Live Independently

By Noah Long ● Jul 11, 2023

DUOS - a digital health company that is focused on empowering older adults to live independently - recently announced that it raised $10 million in funding led by Primetime Partners, SJF Ventures, and CEOC's Aging Innovation Fund managed by Castellan Group.

Focused Energy: Laser-Based Fusion Company Raises $82 Million

By Annie Baker ● Jul 11, 2023

Focused Energy - a laser-based fusion startup dedicated to developing fusion as a means of generating clean alternative energy - recently announced that it raised an additional $11 million in Series A funding, bringing its total funding to $82 million. The funding round was led by Prime Movers Lab, and previous investors VCP Capital and Tony Florence joined the round as well.

Hungry: Food-Tech Marketplace Company Secures $10 Million

By Noah Long ● Jul 11, 2023

HUNGRY - a food-tech marketplace company recently announced it closed a $10 million Series C1 funding round.

Tagworks Pharmaceuticals: $65 Million For Click-To-Release Chemistry To Deliver Safer Systemic Therapies

By Dan Anderson ● Jul 11, 2023

Tagworks Pharmaceuticals BV - the pioneer of Click-to-Release chemistry designed to deliver more effective and safer systemic therapies - recently announced a $65 million Series A financing led by Ysios Capital and Gilde Healthcare with participation from Novartis Venture Fund, New Enterprise Associates (NEA), and Lightstone Ventures. And they join existing investors including Meneldor and Oost NL.

Caraway: $16.75 Million For Digital Mental, Physical And Reproductive Healthcare Company

By Dan Anderson ● Jul 11, 2023

Caraway announced $16.75 million in Series A funding. The funding round was led by Maveron, an investor in consumer-only and early-stage companies, and GV. Returning investors include 7wireVentures and Hopelab Ventures with new participation from Wellington Access Ventures, Ingeborg Investments, and The Venture Collective. OMERS Ventures (a seed-stage investor in Caraway) will remain on the Board.

AccurKardia: Medical AI Software Company Secures $2.7 Million Seed Round

By Annie Baker ● Jul 11, 2023

AccurKardia - a medical AI software company delivering clinical-grade ECG interpretation software - recently announced the final closing and completion of its $2.7 million seed funding. The investors include the Popular Impact Fund, an early-stage investment vehicle from Popular Inc. (NYSE: BPOP) alongside other private investors. This funding milestone marks a significant step towards AccurKardia’s goal of improving patients’ outcomes and saving millions of lives regardless of geography.

Administrate: Enterprise Training Operations Platform Raises $6.4 Million

By Amit Chowdhry ● Jul 11, 2023

Administrate - a leading enterprise training operations platform - announced that it had raised $6.4 million from existing investors Archangels, Mercia, and the Scottish Investment Bank and that they also welcomed Hambro Perks as a new capital partner.

AltPep: $53 Million Raised To Develop Early Disease-Modifying Treatments And Detection Tools For Amyloid Diseases

By Dan Anderson ● Jul 10, 2023

AltPep Corporation - a privately-held biotechnology company developing early disease-modifying treatments and detection tools for amyloid diseases - recently announced the completion of a $52.9 million Series B financing round.

Kibsi: $9.3 Million In Funding Raised To Build Computer Vision Applications

By Annie Baker ● Jul 10, 2023

Kibsi announced it has successfully raised a combined total of $9.3 million in pre-seed and seed funding, which will fuel the company's continued product development and accelerate expansion. The funding included GTMfund, NTTVC, Preface Ventures, Ridge Ventures, Secure Octane, and Wipro Ventures.

Alvys: Middle Mile Logistics Company Brings In $6.3 Million In Funding

By Dan Anderson ● Jul 10, 2023

Alvys - an end-to-end operating system for middle-mile logistics companies with a laser focus on carriers - recently announced it has raised a $6.3 million seed round led by Bonfire Ventures with participation from RTP Global and strategic angel investors.

Altis Labs: $6 Million Secured To Accelerate Clinical Trials With AI

By Noah Long ● Jul 10, 2023

Altis Labs - the computational imaging company accelerating clinical trials with artificial intelligence - recently announced the closing of its US $6 million seed financing. And Benchstrength and Debiopharm Innovation Fund co-led the round with participation from strategic angels including Doug Foster, the former CEO of digital health company Verana Health, and Richard Gliklich, MD, the founder and CEO of real-world data company OM1.

Volt Banks $60 Million In Funding To Build Global Infrastructure For Real-Time Payments

By Amit Chowdhry ● Jul 10, 2023

Volt - a company building the global infrastructure for real-time payments - recently announced that it has raised a $60 million Series B to fund expansion into new international markets such as APAC and the Americas and support product development in existing markets across Europe, the UK, and Brazil.

Madrona Venture Labs: $11 Million Fifth Fund Established For AI Companies

By Amit Chowdhry ● Jul 10, 2023

Madrona Venture Labs (MVL) - a Seattle-based startup studio - recently announced $11 million for its fifth fund.

Aktos: $4.4 Million In Seed Funding Raised For Leading System Of Record For Modern Debt Collections Agencies

By Dan Anderson ● Jul 10, 2023

Aktos - a leading system of record for modern debt collections agencies - recently announced that it has raised $4.4 million in Seed funding co-led by 8VC and Crew Capital. And the new capital will be used to accelerate the company’s mission to build the modern AI-powered operating system for the $20 billion debt collection industry.

SOS: Smart Wellness Vending Machine Company Raises $7.6 Million

By Annie Baker ● Jul 10, 2023

SOS - a female-founded company that is redefining wellness on the go through a fast-growing network of smart vending machines - recently announced $7.6 million in funding in two separate strategic partnerships: a $2.6 million investment round supported by Wasserman Ventures and a $5 million round led by Urban Us Capital to support machine production and expansion.

Limble: Computerized Maintenance Management Systems Company Raises $58 Million

By Amit Chowdhry ● Jul 10, 2023

Limble - a leading provider of modern computerized maintenance management systems (CMMS) - recently announced a $58 million Series B funding round led by the Growth Equity business within Goldman Sachs Asset Management (Goldman Sachs), bringing the company's valuation to $450 million.

FundMiner: $1.725 Million Secured to Help Fundraising Organizations Measure And Maximize Impact

By Noah Long ● Jul 10, 2023

FundMiner - an AI-powered platform that helps fundraising organizations measure and maximize impact - recently announced that it has raised $1.725 million in funding. Arizona-based Sonoran Founders Fund led the funding round, followed by Techstars, Cascade Seed Fund, and more.

Fero Labs: AI-Driven Manufacturing Process Optimization Company Closes $15 Million In Funding

By Noah Long ● Jul 10, 2023

Fero Labs - an AI-driven manufacturing process optimization software company - recently announced the closing of a $15 million growth round led by Climate Investment (CI; formerly OGCI Climate Investments) with additional participation from investors Blackhorn Ventures, Innovation Endeavors, and DI Technology. This funding round brings Fero Labs' total funding to date to $30 million.

BrainTrust Founders Studio Sets Up $25 Million Fund For Beauty And Wellness Companies

By Amit Chowdhry ● Jul 10, 2023

BrainTrust Founders Studio - one of the largest members-only platforms dedicated to Black founders of beauty and wellness companies - recently announced the BrainTrust Fund, a planned $25 million venture fund. The BrainTrust Fund invests exclusively in early-stage companies identified via BrainTrust Founders Studio whose 120+ members collectively sold over $100 million in products via 23,000 retail doors and online in the past year.

Elastio: Recovery Assurance Platform Closes $18 Million In Series A Funding

By Dan Anderson ● Jul 10, 2023

Elastio recently announced an oversubscribed $18 million Series A investment led by Venture Guides, new investors Capri Ventures, and Alumni Ventures, with strong participation from existing investors Bain Capital Ventures and Uncorrelated Ventures.

Precedent: Digitized Demand Handling Insuretech Company Secures $9 Million

By Annie Baker ● Jul 10, 2023

Precedent - the insurance industry's first Digitized Demand Handling technology - recently announced that it has closed $9 million in Seed funding, provided by Adir Ventures (Adir). This new funding round will be used to bring Precedent's suite of products to more insurers as well as broaden and accelerate new product development.

Augmenta: $11.75 Million Raised To Automate Building Design For The Construction Industry

By Dan Anderson ● Jul 10, 2023

Augmenta - the company automating building design for the construction industry - recently announced it has raised US$11.75 million in a seed extension round that will be used to commercialize the company’s groundbreaking design platform for the construction industry.

GreenPlaces: All-In-One Sustainability Platform Company Closes $13 Million In Funding

By Annie Baker ● Jul 10, 2023

GreenPlaces - an all-in-one sustainability platform - recently announced $13 million in Series A led by Redpoint Ventures along with Felicis, Tishman Speyer Ventures, and Bull City Venture Partners. And this investment fuels GreenPlaces on its mission to bring sustainability to the mass market where over 83% of global emissions (or an estimated 39 billion tons of CO2e) live.

Yendo: Vehicle-Secured Credit Card Company Pulls In $24 Million In Funding

By Annie Baker ● Jul 10, 2023

Yendo - a company that created the first-ever vehicle-secured credit card - recently announced the closing of its $24 million in Series A financing led by FPV Ventures along with existing investors Human Capital and Autotech Ventures. And this marks a significant milestone for Yendo, a company that provides a prime credit offering to the millions of Americans who previously lacked access to the financial system because of their credit score.

Picket: Real Estate Investment Platform Receives $20 Million In Funding

By Dan Anderson ● Jul 10, 2023

Picket - a leading provider of integrated technology and services for residential real estate investing, management, and resident experience - recently announced $20 million in Series B financing led by LL Funds. RET Ventures, which led Picket’s Series A round of financing in 2022, is also participating in the Series B round.

Render: Modern Cloud Company Closes $50 Million

By Dan Anderson ● Jul 10, 2023

Render - a modern cloud for application developers and teams - recently announced that it has raised $50 million in Series B funding led by Bessemer Venture Partners with participation from existing investors Addition, General Catalyst, and the South Park Commons Fund. And the company also announced Bessemer’s Elliott Robinson and Addition’s Todd Arfman will join its board of directors.

Parrot: $11 Million Raised For Platform That Transcribes And Manages Depositions

By Annie Baker ● Jul 10, 2023

Parrot - a full-stack platform for transcribing and managing depositions - recently launched and announced $11 million in Series A funding and the release of the first product specifically offering AI-generated deposition summaries to legal professionals. And Amplify Partners and XYZ Venture Capital led the round bringing the total funds raised to $14 million for the tech-enabled court reporting company. The funding will be used to expand go to market, accelerate product development and deepen its investment in artificial intelligence.