Venture Capital

Integrum: $1.1 Billion Target Exceeded For Inaugural Fund

By Noah Long ● Jun 19, 2023

Integrum - an investment firm focused on partnering with technology-enabled service companies - announced it has completed fundraising for its inaugural fund, Integrum Capital Partners LP at $1.1 billion, exceeding the fund's original target.

Telmai: AI-Driven Data Observability Company Closes $5.5 Million

By Noah Long ● Jun 19, 2023

Telmai - a data observability platform company built for hybrid data environments - announced recently it has raised $5.5 million in oversubscribed seed funding.

FERNRIDE: $31 Million Secured To Become A Leader In Autonomous Electric Trucking

By Amit Chowdhry ● Jun 19, 2023

FERNRIDE - a leading German autonomous electric trucking company announced it has secured $31 million in Series A funding to accelerate the transition towards automated and sustainable logistics by creating leading human-machine collaboration technology.

Credit Genie: Digital Personal Finance Platform Raises $4 Million

By Annie Baker ● Jun 19, 2023

Creditly Corp. (dba Credit Genie) - a digital personal finance platform that has helped more than one million Americans - announced recently that it has raised $4 million in Series A financing. This funding round was led by Tippet Ventures and Khosla Ventures with participation from Gabriel Investments.

Boom: Leading Rent Reporting Platform Closes $4.5 Million In Funding

By Dan Anderson ● Jun 17, 2023

Boom - a leading rent reporting platform - announced a $4.5 million seed funding round, which was led by Starting Line with notable investments from Clocktower Ventures, Company Ventures, Gilgamesh Ventures, and Plaid Co-Founders William Hockey and Zach Perret. With this funding round, Boom is set to revolutionize the renting experience for millions of Americans across the country.

Platformatic: Backend Development Platform Company Secures $3.5 Million

By Annie Baker ● Jun 17, 2023

Platformatic - the fast backend development platform for developers and enterprises to build modern API-driven applications - announced it has raised $3.5 million and launched a suite of new enterprise-grade solutions. The company will use the funding for extending the platform, growing the team, and continuing to establish Fastify as the go-to open-source web framework for Node.js development.

CleanJoule: Sustainable Aviation Fuel Production Company Secures $50 Million

By Noah Long ● Jun 15, 2023

CleanJoule - a U.S.-based startup focused on the production of Sustainable Aviation Fuel (SAF) - announced a $50 million investment round led by the principals of Indigo Partners.

Measurabl: ESG Real Estate Technology Platform Closes $93 Million In Funding

By Annie Baker ● Jun 15, 2023

Measurabl - which is the world’s most widely adopted ESG (environmental, social, governance) technology platform for real estate - announced recently that it closed a $93 million Series D round of venture capital.

Carmot Therapeutics: Disease-Modifying Therapy Company Raises $150 Million In Series E

By Dan Anderson ● Jun 15, 2023

Carmot Therapeutics - a clinical-stage biotechnology company developing disease-modifying therapies for metabolic diseases - recently announced a $150 million oversubscribed and up-sized Series E financing.

Strive Health: Value-Based Kidney Care Company Brings In $166 Million In Series C

By Amit Chowdhry ● Jun 15, 2023

Strive Health - a national leader in value-based kidney care - announced recently it has raised $166 million in Series C funding.

CoreWeave: GPU-Accelerated Workload Cloud Provider Nabs $200 Million In Funding

By Amit Chowdhry ● Jun 15, 2023

CoreWeave - a specialized cloud provider built for large-scale GPU-accelerated workloads - announced recently an additional $200 million in funding from Magnetar Capital, a leading alternative asset manager.

Magic: Wallet-As-A-Service Provider Lands $52 Million In Strategic Funding

By Noah Long ● Jun 15, 2023

Magic - a leading wallet-as-a-service (WaaS) provider - announced recently it has raised $52 million in a strategic funding round led by PayPal Ventures, with participation from Cherubic, Synchrony, KX, Northzone, and Volt Capital. This new funding round brings the total raised to more than $80 million.

Sana: AI-Powered Learning And Knowledge Platform Banks $28 Million In Funding

By Annie Baker ● Jun 15, 2023

Sana - a leading AI-powered learning and knowledge platform - announced recently that it has raised another $28 million in an opportunistic investment round led by NEA. And Workday Ventures also joined the round. With a combined total of $62 million in Series B funding, the Swedish-born scaleup is now one of the most highly funded AI companies.

Predibase: Low-Code Declarative ML Platform Receives $28 Million In Funding

By Dan Anderson ● Jun 15, 2023

Predibase - the first commercially available low-code declarative ML platform for developers - announced recently the general availability of its platform, adding new features for large language models and introducing free trial editions. And the company also announced a $12.2 million expansion of its Series A funding round led by Felicis.

GetYourGuide: Travel Experience Marketplace Company Bags $194 Million In Funding

By Annie Baker ● Jun 15, 2023

GetYourGuide - a leading global platform for discovering and booking travel experiences - announced recently that it closed $194 million in equity and credit financing. The funding round represents a valuation increase for the company and solidifies its leadership position in the industry.

Capillary Technologies: Loyalty Management Platform Company Pulls In $45 Million

By Noah Long ● Jun 15, 2023

Capillary Technologies - a global leader in loyalty management and customer engagement technology solutions - announced recently the successful closure of its Series D funding round. And the company has raised $45 million from a consortium of global investors: Avataar Ventures along with its LPs (Pantheon, 57Stars, and Unigestion), Filter Capital, and Innoven Capital.

Range Biotechnologies: Proteomics-Focused Biotech Company Completes $5.2 Million Seed Funding Round

By Amit Chowdhry ● Jun 15, 2023

Range Biotechnologies - a proteomics-focused biotech company that has developed an innovative translational platform to enable better diagnostics and faster drug development - announced recently that it has received $5.2 million in seed funding led by TechBio-focused ARTIS Ventures with additional participation from Pear VC, Page One Ventures, Civilization Ventures, Pillar, Four Cities Capital, Hawktail, and several others.

Breakaway Music Festival Accelerating Expansion With New Funding Round

By Amit Chowdhry ● Jun 15, 2023

Breakaway Music Festival - which is one of North America’s fastest-growing and independent multi-city music festival brands - announced recently plans to accelerate expansion across new regions and brand verticals following the close of a recent funding round.

Fortify: Full-Stack Materials Science And Additive Manufacturing Company Completes $12.5 Million Funding

By Annie Baker ● Jun 15, 2023

Fortify - a leading full-stack materials science and additive manufacturing company - announced that it has raised $12.5 million in a funding round from investors, including Lockheed Martin Ventures and RTX Ventures, the venture capital arms of Lockheed and Raytheon Technologies, respectively.

Realta Fusion: University of Wisconsin-Madison Spinoff Raises $12 Million To Develop Compact Magnetic Mirror

By Amit Chowdhry ● Jun 15, 2023

Realta Fusion - a new startup focused on fusion energy - recently announced $12 million in financing to develop compact magnetic mirror fusion technology.

Finni Health: $3.2 Million Raised To Focus On Improving Autism Care

By Amit Chowdhry ● Jun 15, 2023

Finni Health is a company that is empowering autism providers to go independent. The company announced it has raised $3.2 million in funding led by General Catalyst with participation from Y Combinator, Wayfinder Ventures, Andrew Adams (Headway), and Divya Bhatt (Virta).

RealBlocks: $10 Million Secured For Alternative Investment Platform

By Noah Long ● Jun 15, 2023

RealBlocks - a technology platform for alternative investments that provides an end-to-end digital investing process and secondary trading - announced a $10 million extension of its Series A financing, bringing the total investment amount to $20.7 million.

Talis Capital: First Closing Of $175 Million Talis Ventures III Fund Announced

By Amit Chowdhry ● Jun 14, 2023

Talis Capital recently announced the first closing of its third and largest $175 million early-stage fund, focused on helping founders build disruptive, category-defining, and enduring businesses.

Granica: AI Efficiency Platform Company Emerges From Stealth With $45 Million In Funding

By Amit Chowdhry ● Jun 14, 2023

Granica recently emerged from stealth and introduced the industry’s first AI efficiency platform, bringing novel and fundamental research in data-centric AI to the commercial market as an enterprise solution.

Synthesia: AI Video Creation Platform For Enterprises Raises $90 Million At $1 Billion Valuation

By Annie Baker ● Jun 14, 2023

Synthesia - a leading AI video creation platform for enterprises - announced it has raised $90 million in Series C funding to continue its work to make video production simple and intuitive without the need for cameras or studios. This funding round - which values the company at $1 billion - is led by Accel with investment from NVentures (NVIDIA’s venture capital arm) and participation from existing investors Kleiner Perkins, GV, Firstmark Capital, Alex Wang, Olivier Pomel, and Amjad Masad.

Neat Burger: Plant-Based Food Group Company Raises $18 Million

By Annie Baker ● Jun 14, 2023

Neat Burger - a plant-based food group backed by Lewis Hamilton and Leonardo DiCaprio - announced it is expanding its global reach after successfully raising $18 million in a Series B fundraise. And with operations across three territories, the company has set its sights on the United States with the recent opening of its first location in Nolita, New York.

VRIFY: Mining Communications Technology Platform Closes $6 Million

By Noah Long ● Jun 14, 2023

VRIFY - a leading mining communications technology platform - announced that it has raised $6 million in Series A funding co-led by RCF Jolimont Innovation and Beedie Capital with participation from Tiny. This investment will fuel VRIFY’s market expansion plans and feature development to help more mining companies attract and secure investment through innovative communication tools.

NUMATEC Ramps Up Sales Team To Drive Marca’s Multicultural Expansion

By Amit Chowdhry ● Jun 14, 2023

NUMATEC and HEX announced two new hires: Jose Suarez and LanaRose Berger with a remit to maximize Marca’s multicultural business in key DMAs across the country.

LeddarTech: Automotive Software Provider To Go Public Via SPAC Prospector Capital

By Amit Chowdhry ● Jun 14, 2023

LeddarTech - an automotive software company that provides patented disruptive low-level sensor fusion and perception software technology for ADAS and AD - and Prospector Capital Corp., a publicly traded special purpose acquisition company led by former Qualcomm President Derek Aberle and chaired by former Qualcomm Vice Chairman Steve Altman, announced their entry into a definitive business combination agreement that would result in LeddarTech becoming a publicly listed company.

OneVest: Wealth-As-A-Service Company Secures $17 Million

By Dan Anderson ● Jun 14, 2023

Wealth-as-a-Service platform company OneVest announced CAD$17 million in Series A funding as it aims to dramatically improve the wealth management experience for both financial institutions and their customers. OMERS Ventures led this funding round with participation from existing investors Luge Capital, Panache Ventures, AAF Management, FJ Labs, and new investors Fin Capital, Pivot Investment Partners, and Deloitte Ventures.