Venture Capital

Nexa Equity: $180 Million Private Equity Fund Closed

By Amit Chowdhry ● Jun 23, 2023

Nexa Equity - a San Francisco-based private equity firm focused on investing in lower-middle market application software and fintech businesses - announced the successful closing of its inaugural fund Nexa Equity Fund I, L.P. with over $180 million in capital commitments. This fund received substantial support from leading university endowments, foundations, investment advisers, fund-of-funds, family offices, entrepreneurs, private equity leaders, and other financial institutions. And Nexa Equity has raised an additional $150 million through deal-specific co-investment vehicles, bringing the firm’s total private equity capital under management to over $330 million.

Haiqu: Quantum Computing Software Company Completes $4 Million Funding Round

By Noah Long ● Jun 23, 2023

Haiqu - a startup building software to enhance the performance of quantum processors - announced recently it has closed a $4M financing round led by MaC Venture Capital, with participation from Toyota Ventures, SOMA capital, u.ventures, SID Venture Partners, and Roosh Ventures. This funding round also included private contributions from Paul Holland, Alexi Kirilenko, and Gordy Holterman.

Ferretly: Social Media Screening SaaS Company Closes $1.5 Million In Funding

By Annie Baker ● Jun 23, 2023

Ferretly - an AI-powered social media screening SaaS start-up - recently announced that it has raised $1.5 million in a seed round of funding led by Bull City Venture Partners (BCVP) with participation from Seed Round Capital and prior investors including a group of industry experts led by Dave Dickerson, Founder and Chairman of Accurate Background.

PayNearMe: $45 Million Raised To Improve Consumer Payment Experiences

By Noah Long ● Jun 23, 2023

PayNearMe - a rapidly growing fintech company focused on improving the consumer payment experience - announced it has closed $45 million in Series D funding led by Queensland Investment Corporation (QIC) with participation from True Ventures, Costanoa Ventures, August Capital, DNS Capital, Invicta Management and H. Barton Asset Management.

Conformal Medical: $35 Million Secured To Develop Next-Generation Left Atrial Appendage Occlusion Technology

By Annie Baker ● Jun 23, 2023

Conformal Medical - a medical device company developing next-generation left atrial appendage occlusion (LAAO) technology - announced the successful completion of its Series D funding round, raising a total of $35 million. The highly supported round reflects the progress and achievements made since its last funding round - which includes the initiation of the CONFORM Clinical Trial.

Amogy: Energy-Dense Ammonia Power Solutions Company Closes $150 Million In Funding

By Dan Anderson ● Jun 23, 2023

Amogy - a pioneer of emission-free, energy-dense ammonia power solutions - announced its $11 million Series B-2 fundraising, joined by Marunouchi Climate Tech Growth Fund, Mitsubishi Corporation, Mitsubishi Heavy Industries America and Synergy Marine. And this funding concludes Amogy's Series B fundraising.

Sensydia: Non-Invasive Cardiac Diagnostic Company Secures $3 Million NIH Grant

By Noah Long ● Jun 22, 2023

Sensydia - a non-invasive cardiac diagnostic company - announced recently that it was awarded a Fast-Track Small Business grant from the National Heart, Lung, and Blood Institute (NHLBI), part of the National Institutes of Health (NIH).

Forge Nano: $50 Million Raised To Build Out Battery Production Line

By Dan Anderson ● Jun 22, 2023

Forge Nano - a global leader in precision nano-coating technology - recently announced the closing of over $50 million in funding led by key investments from Korea’s Hanwha Corporate Venture Capital with participation from OIC, Catalus Capital, Ascent Funds, and existing investors. This funding round brings the company’s total amount of capital raised to date to more than $95 million.

Fero Labs: AI-Driven Manufacturing Process Optimization Software Company Raises $15 Million

By Annie Baker ● Jun 22, 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) with additional participation from investors Blackhorn Ventures, Innovation Endeavors, and DI Technology.

Elastio: Cloud Native Recovery Assurance Platform Company Pulls In $18 Million In Funding

By Noah Long ● Jun 22, 2023

Elastio is a cloud native recovery assurance platform that bridges the gap between data protection and cybersecurity in the cloud. The company 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.

AptEdge: $11 Million Raised To Advance AI-Driven Customer Service Platform

By Dan Anderson ● Jun 22, 2023

AptEdge - a generative AI startup building an answer engine for customer service - announced it has raised an oversubscribed $11M seed+ round led by Stage 2 Capital with other investors (Unusual Ventures, National Grid Partners, Carya Venture Partners, Counterpart Ventures) to support momentum behind its revolutionary solution for the customer service industry.

Percepto: Autonomous Inspection And Monitoring Solution Provider Closes $67 Million

By Noah Long ● Jun 22, 2023

Percepto - a leading autonomous inspection and monitoring solution provider - announced a combined $67M Series C in equity and debt funding led by Koch Disruptive Technologies (KDT), alongside new investors Zimmer Partners and one of the largest U.S. energy companies.

Pebble: $13.6 Million Raised To Develop Hassle-Free Electric RV Experiences

By Annie Baker ● Jun 22, 2023

Pebble is a California-based startup that recently came out of stealth with its plans to develop a hassle-free electric RV experience designed for a new way to live, work and explore. And the company has raised $13.6 million from Lightspeed, Vision+, and UpHonest Capital to bring innovation to the RV industry that has seen few technological advancements in the past 50 years.

Trust Lab: $15 Million Raised To Mitigate Harmful And Illegal Content

By Noah Long ● Jun 22, 2023

Trust Lab - a company transforming how companies and public entities safeguard Internet users - announced it has closed a Series A funding round of $15 million led by U.S. Venture Partners (USVP) and Foundation Capital.

evolvedMD: Integrated Collaborative Care Management Services Company Closes $14 Million

By Dan Anderson ● Jun 22, 2023

evolvedMD - a market leader in delivering integrated Collaborative Care Management (CoCM) services in primary care - announced it has raised a $14 million Series-A Prime round led by San Francisco-based Conductive Ventures with additional investment from FCA Venture Partners of Nashville, Healthworx in Washington, D.C., and Boston-based Tectonic Ventures and Waterline Ventures.

Instabase: Applied AI Company Raises $45 Million Funding At $2 Billion Valuation

By Amit Chowdhry ● Jun 21, 2023

Instabase - a leader in Applied AI for the enterprise - recently announced its Series C funding round and the launch of AI Hub, a repository of AI apps focused on content understanding and a set of generative AI-based tools. The $45 million Series C funding round, which concluded at the end of 2022, doubled Instabase’s valuation to $2 billion.

Curri: Logistics Platform Company Closes $42 Million In Funding

By Annie Baker ● Jun 21, 2023

Curri recently announced a $42 million Series B funding round led by Bessemer Venture Partners with participation from existing backers Initialized Capital, Brick & Mortar Ventures, Rainfall Ventures, and others.

Tomorrow.io: Weather Intelligence And Climate Adaptation Platform Secures $87 Million

By Dan Anderson ● Jun 21, 2023

Tomorrow.io - a leading weather intelligence and climate adaptation platform - announced recently the successful launch of its R2 satellite from Vandenberg Air Force base on June 12th along with the completion of its $87 million Series E funding led by Activate Capital.

Octave: Outcomes-Focused Behavioral Healthcare Company Closes $52 Million

By Dan Anderson ● Jun 21, 2023

Octave - an innovator in outcomes-focused behavioral health care - announced that it has secured $52 million in Series C funding to drive the national expansion of evidence-based, in-network therapy services. The funding round was led by Cigna Ventures, Novo Holdings, and Avidity Partners, and joined by all existing institutional investors, Health Velocity Capital, Greycroft Partners, Felicis Ventures, Company Ventures, and Obvious Ventures.

CubicPV: $103 Million Raised For Supporting U.S. Factory Plans and Tandem Development

By Annie Baker ● Jun 21, 2023

Solar manufacturing company CubicPV announced it has secured new firm equity commitments in excess of $100 million dollars in support of its U.S. factory plans and tandem product roadmap.

CloudZero: Cloud Cost Management Closes $32 Million In Funding

By Annie Baker ● Jun 21, 2023

CloudZero - a cloud cost management company that reported another year of triple-digit growth - announced that it closed $32 million in Series B funding to expand its cloud cost intelligence platform. The funding round was led by Innovius Capital and Threshold Ventures with continued support from existing investors Matrix Partners, Underscore VC, and G20 Ventures.

FIA Tech: Futures Industry Technology Provider Receives $25.4 Million In Funding

By Noah Long ● Jun 21, 2023

FIA Tech - a leading futures industry technology provider - announced that it raised an additional $25.4 million in a funding round led by 6 existing shareholders, Bank of America, Barclays, Citi, Goldman Sachs, J.P. Morgan, and Wells Fargo, in addition to BNP Paribas. And BNP Paribas joins FIA Tech’s ownership consortium and will serve on its board of directors. This funding round brings the total for FIA Tech to almost $70 million.

Blackbird.AI: AI-Driven Narrative And Risk Intelligence Company Secures $20 Million

By Amit Chowdhry ● Jun 21, 2023

Blackbird.AI - a leader in AI-driven Narrative and Risk Intelligence - announced the closing of a $20 million Series B round led by cybersecurity investor Ten Eleven Ventures with follow-on support from existing investors Dorilton Capital, Generation Ventures StartFast Ventures, and Trousdale Ventures. And other investors include Paul Kurtz, chief cybersecurity advisor to Splunk, and Richard Clarke, the first "cyber czar" for the U.S. Government. This funding round brings the total dollars raised to $32 million.

Theradaptive: Targeted Regenerative Therapeutics Company Raises $26 Million

By Annie Baker ● Jun 21, 2023

Theradaptive - a biopharmaceutical company breaking new ground in targeted regenerative therapeutics - announced that it has closed a $26 million Series A funding round to advance the development of its targeted regenerative therapeutics.

BetterBrand: Food Tech Company Raises $6 Million At $170 Million Valuation

By Amit Chowdhry ● Jun 21, 2023

BetterBrand - a food tech company leading innovation in the $12 trillion refined carb space - announced the closing of $6 million in Series A funding, at a pre-money valuation of $170 million. According to Crunchbase, only 150 sole female founders have ever raised a Series A over $5 million from institutional investors with Yang setting a historical record in valuation.

Recharge Capital: $200 Million Women’s Healthcare Investment Holdings Announced

By Amit Chowdhry ● Jun 21, 2023

Recharge Capital - a leading thematic-first private investment firm - announced recently the successful closure of the first tranche of its Women’s Healthcare Investment Vehicle, backed with funding from investors including Peter Thiel of Thiel Capital, The Olayan Family of the Olayan Group, Blue Lion Group, The Al Rashid Family of the Salmira Investment Fund, Shamrock Holdings of the Disney Family, the Ozmen Family of the Sierra Nevada Corporation, Ian Osborne of Hedosophia, Frank Liu of Texas-based Lovett, and other renowned investment groups.

Peakview Capital: Over $500 Million In Total AUM Raised

By Amit Chowdhry ● Jun 21, 2023

Peakview Capital - a technology focused hybrid venture capital fund and investor in many of the top U.S venture capital firms- announced it has closed its latest fund, bringing total assets under management (AUM) to over $500 million.

Madhive: CTV Ad Software Platform Company Raises $300 Million From Goldman Sachs Asset Management

By Amit Chowdhry ● Jun 21, 2023

Madhive - a leading advertising software platform engineered for modern TV advertising - announced that it has signed a definitive agreement with the Private Equity business within Goldman Sachs Asset Management for a $300 million investment in the company.

Connext Labs: Blockchain Interoperability Protocol Raises $7.5 Million At $250 Million Valuation

By Noah Long ● Jun 21, 2023

Connext - a pioneering blockchain interoperability protocol - announced the closure of its strategic fundraising round of $7.5 million at a $250 million valuation.

NewHomesMate: Proptech Company Closes $5.5 Million In Funding

By Noah Long ● Jun 21, 2023

Propertymate - a proptech startup that simplifies the homebuying experience of new construction homes - announced that they raised $5.5M in seed funding. And with given investments, the company aims to expand to new markets in the US and rebrands as NewHomesMate. This new brand name reflects the focus on the new construction homes market and the mission to help homebuyers get the best experience of navigating and buying newly built homes.