Venture Capital

Contextual AI: $20 Million Secured To Accelerate Generative AI For The Workplace

By Noah Long ● Jul 3, 2023

Contextual AI recently emerged from stealth with $20 million in funding led by Bain Capital Ventures (BCV) with participation from Lightspeed, Greycroft, SV Angel, and well-known angel investors including Elad Gil, Lip-Bu Tan, Sarah Guo, Amjad Masad, Harry Stebbings, Fraser Kelton, Sarah Niyogi and Nathan Benaich.

SciTech Development Lands $2.73 Million In Funding For Advancing Clinical Trials For Cancer Treatment

By Dan Anderson ● Jul 3, 2023

SciTech Development recently announced it has closed a $2.73M funding round, led by several prominent life science investors to advance clinical trials for Non-Hodgkin Lymphoma and Small Cell Lung Cancer.

Syntax Health: SaaS-Based Solution For Health Plans And Providers Closes $7.5 Million

By Annie Baker ● Jul 3, 2023

Syntax Health - a New York-based provider of an enterprise SaaS-based solution for health plans and providers - recently announced it has successfully raised $7.5 million in Seed funding. The funding round - which was led by undisclosed investors - will enable Syntax Health to accelerate its growth, expand operations, and further penetrate the market.

Blumira: Detection And Response Technology Company Secures $15 Million

By Amit Chowdhry ● Jul 3, 2023

Blumira - a leading provider of detection and response technology - recently announced the launch of its XDR platform to provide enterprise-level security for small to medium businesses (SMBs). And the company also recently announced that it had raised a $15 million Series B financing round led by Ten Eleven Ventures and joined by RPS Ventures, Mercury Fund, HPA, and Duo Security co-founder Jon Oberheide.

Astrix Security: $25 Million Raised To Ensure Core Systems Are Securely Protected In Third-Party Cloud Services

By Annie Baker ● Jul 3, 2023

Astrix Security - which is the enterprise's trusted solution for securing non-human identities - recently announced has secured $25 million in Series A funding led by CRV with participation from existing investors Bessemer Venture Partners and F2 Venture Capital. This new funding round brings Astrix's total funding to almost $40 million.

Venn Software: Secure BYO-PC Technology Company Closes $29 Million In Funding

By Annie Baker ● Jul 1, 2023

Venn Software - the innovators of the first purpose-built technology for Secure BYO-PC - recently announced that the company has been awarded a key patent for securing remote work on any computer. And the company also revealed $29 Million in Series A Funding, led by NewSpring to support its product development, growth, and customer demand.

Passage: C$40 Million Closed To Match International Talents With Canada’s Workforce

By Annie Baker ● Jul 1, 2023

Passage - a new company that seeks to match talented immigrants to life-changing educational and career opportunities led by Canadian tech entrepreneur Martin Basiri - announced it has secured C$40 million (US$30M) in a seed funding round led by Drive Capital.

Inflection AI: $1.3 Billion Raised To Create More Personal Artificial Intelligence

By Amit Chowdhry ● Jul 1, 2023

Inflection AI recently announced that the company has raised $1.3 billion in a new round of funding led by Microsoft, Reid Hoffman, Bill Gates, Eric Schmidt, and new investor NVIDIA. And the new funding round brings the total raised by the company to $1.525 billion.

Runway: Applied AI Research Company Closes $141 Million In Funding

By Annie Baker ● Jul 1, 2023

Runway - an applied AI research company building the next generation of creative tools - recently announced it has raised a $141 million extension to its Series C from Google, NVIDIA, Salesforce Ventures, and existing investors among others.

Typeface: Generative AI Platform For Enterprise Content Creation Closes $100 Million

By Noah Long ● Jul 1, 2023

Typeface - a generative AI platform for enterprise content creation - recently announced a $100 million new investment, marking the close of its Series B round, to drive continued growth and innovation.

Cart.com: Commerce Solutions Company Raises $60 Million At $1.2 Billion Valuation

By Annie Baker ● Jul 1, 2023

Cart.com - a leading provider of comprehensive commerce solutions that enable merchants to sell and fulfill everywhere - recently announced it has raised a $60 million Series C equity funding round at a valuation of $1.2 billion.

Rypplzz: $3 Million Raised To Accelerate Growth Of Its Geo-Location Platform

By Amit Chowdhry ● Jul 1, 2023

Rypplzz - the creators of Interlife, a multi-patented geo-location platform - recently announced $3 million in pre-seed funding from a group of investors including Deal Box Ventures, Fulcrum Investing, and Innovative Venture Partners to accelerate the adoption of its breakthrough geospatial mapping technology that connects the digital-physical world with greater precision.

Alfie Health: Virtual Obesity Management Clinic Company Secures $2.1 Million

By Amit Chowdhry ● Jun 30, 2023

Alfie Health - which is now a new virtual clinic for patients with obesity - is announcing $2.1 million in funding led by Y Combinator and Nina Capital along with Goodwater Capital, Phoenix Investment Club and various angels including the founder of unicorn Opentrons.

RevRoad: Venture Services Company Raises Over $15 Million In Funding

By Amit Chowdhry ● Jun 30, 2023

RevRoad - a venture services firm based in Utah - recently announced over $15 million in funding from private investors. The company has already serviced 73 portfolio companies and helped raise their valuations to a combined enterprise value of more than $1.5 billion.

Redpanda: Streaming Data Platform Company To Accelerate Growth With $100 Million In Funding

By Dan Anderson ● Jun 30, 2023

Redpanda recently announced that it raised $100 million in Series C funding led by returning investors Lightspeed Venture Partners, along with GV and Haystack VC. With $165 million in funding secured to date, Redpanda will utilize this latest capital infusion to enable data-intensive applications with new foundational capabilities that are beyond the scope of legacy streaming data platforms.

NoTraffic: Leading Mobility Company Secures $50 Million In Series B Funding

By Amit Chowdhry ● Jun 30, 2023

NoTraffic - a leading mobility platform - recently announced the successful completion of a $50 million Series B funding led by M&G Investments with participation from VNV Global and UMC Capital as well as existing investors Grove Ventures, Vektor Partners, Next Gear Ventures, North First Ventures, Meitav Investment House, Alchimia Investments, and TMG.

Invary: Operating System Runtime Validation And Security Company Secures $1.85 Million

By Amit Chowdhry ● Jun 30, 2023

Invary - a cybersecurity pioneer focused on detecting hidden malware and preventing costly ransomware attacks - recently announced it has raised pre-seed funding to launch its innovative solution. This investment was led by Flyover Capital with additional participation from NetWork Kansas GROWKS Equity program, and the KU Innovation Park.

Pendulum Therapeutics: $10 Million In Funding Raised To Improve Metabolic Health With Microbiome-Targeted Products

By Amit Chowdhry ● Jun 30, 2023

Pendulum Therapeutics - a biotech company pioneering the next frontier of metabolic health through its microbiome-targeted products - recently announced a strategic partnership with New Zealand dairy nutrition company Fonterra. And Fonterra will invest $10 million into the growth-stage company to co-develop and commercialize next-generation microbiome products.

Shoni Health Ventures To Invest In Digital Health Startups

By Amit Chowdhry ● Jun 30, 2023

Shoni Health Ventures - a healthtech fund affiliated with ARC Innovation at Sheba Medical Center (one of the world’s top hospitals) - will invest in startups specializing in digital health and medical devices. This fund will invest in early-stage (pre-seed and seed stage) startups and will utilize its unique resources to support entrepreneurs in various aspects of their company's growth.

Augmedics: AR-Based Surgical Navigation Company Raises $82.5 Million

By Dan Anderson ● Jun 30, 2023

Augmedics - a pioneer in augmented reality (AR) surgical navigation - recently announced the successful closing of an $82.5 million Series D financing. This funding round was led by CPMG and adds Evidity Health Capital as a syndicate partner with participation from current investors H.I.G. Capital, Revival Healthcare Capital, Almeda Ventures, and others. The funding round comes the same week the company marks its record 4,000th US patient treated with the xvision Spine System which uses augmented reality to give surgeons “x-ray vision” during surgery.

Loora: Generative AI English Language Learning Company Closes $9.25 Million

By Amit Chowdhry ● Jun 30, 2023

Loora - the generative AI English language learning company - recently announced it emerged from stealth with $9.25 million in seed funding from lead investor Emerge with participation from Two Lanterns Venture Partners and Kaedan Capital to further its mission of making English fluency attainable and accessible for the 1+ billion English learners around the world. And several angel investors also contributed to the round, including Zohar Gilon and Amit Gilon, as well as several founders from prominent technology companies Lightricks and ironSource.

MatrixSpace: AI Collaborative Sensing Solutions Company Raises $10 Million

By Noah Long ● Jun 29, 2023

MatrixSpace - a leader in AI collaborative sensing solutions - recently announced $10 million raised in Series A funding. And this funding round brings the company's total funding to $20 million since its first year of operation in 2020 and will enable it to accelerate technology advancements, customer adoption, and revenue growth. This funding round was led by the Raptor Group. And Intel Capital also participated as well as a prominent set of technology executives.

Cyera: Data Security Company Raises $100 Million In Series B

By Amit Chowdhry ● Jun 29, 2023

Cyera, the data security company recently announced a $100 million Series B investment led by Accel with participation from existing investors Sequoia and Cyberstarts. And Redpoint Ventures also joined as an investor. This funding brings the company's total to $160 million since emerging from stealth in March of 2022. In the last year, Cyera has gained significant traction among S&P 500 companies, growing revenue by 800%, as security teams prioritize data security across their hybrid cloud environments.

Anzu: Intrinsic In-Game Ad Solution Closes $48 Million In Funding

By Noah Long ● Jun 29, 2023

Anzu - an advanced intrinsic in-game advertising solution company - announced a $48 million Series B funding round, which significantly increased its valuation and adding several new high-profile investors. This new funding round will also include converting the SAFE notes and investors exiting with a 10x valuation increase.

Betr: Social Media And Betting Company Raises $35 Million At $300 Million Valuation

By Amit Chowdhry ● Jun 29, 2023

Social media and betting company Betr announced recently that it raised $35 million in venture capital from a group led by Roger Ehrenberg of IA Sports Ventures and Eberg Capital. This new funding round values the company at $300 million.

Faros AI: AI-Native Engineering Intelligence Platform Company Closes $20 Million

By Annie Baker ● Jun 29, 2023

Faros AI - an AI-native engineering intelligence platform built for the complete software development lifecycle - announced that David Hornik of Lobby Capital has led a $20 million Series A funding round with participation from other existing investors including SignalFire, Operator Collective, and Salesforce Ventures.

Nothing: Consumer Technology Company Raises $96 Million

By Noah Long ● Jun 28, 2023

Nothing - a London-based consumer technology brand - announced a $96 million funding round led by Highland Europe with participation from existing investors GV (Google Ventures), EQT Ventures, and C Capital along with house music supergroup Swedish House Mafia.

Parabola: Collaborative Data Tool Company Secures $24 Million In Series B

By Amit Chowdhry ● Jun 28, 2023

Parabola - a collaborative data tool enabling non-technical teams to automate solutions for manual, spreadsheet-based processes - announced a $24 million Series B funding round led by OpenView with participation from existing investors Matrix Partners and Thrive Capital. And additional new investors include Flexport, Webflow, and the founders of Harry's, Warby Parker, and Allbirds.

Mosaic: Strategic Finance Platform Company Closes $26 Million

By Noah Long ● Jun 28, 2023

Mosaic - a Strategic Finance Platform for real-time data analysis and collaborative financial planning - recently announced a $26 million Series C funding round led by OMERS Ventures, with participation from existing investors, Founders Fund, General Catalyst, and Friends and Family Capital.

Heard: $15 Million Secured To Serve As Financial Back Office For Therapists

By Amit Chowdhry ● Jun 28, 2023

Heard is a company that is known as being an all-in-one financial solution for therapists that combines software and human support to handle bookkeeping, taxes, payroll, etc. The company recently announced that it raised $15 million in funding from investors led by Headline with participation from GGV.