Venture Capital

Digibee: Integration Platform-As-A-Service Company Secures $60 Million

By Amit Chowdhry ● Jun 10, 2023

Digibee - an integration platform as a service (iPaaS) company that helps organizations build flexible and highly scalable integration architecture - announced it received $60 million in Series B funding.

Laudio: $13 Million Closed For Healthcare Management Solution

By Amit Chowdhry ● Jun 10, 2023

Laudio - a management solution for healthcare - announced recently that it has raised a $13 million Series B funding round led by Define Ventures with participation from existing investors .406 Ventures, InHealth Ventures, MemorialCare Innovation Fund, and TeleTracking Technologies.

Amify: Amazon Optimization And Ad Solutions Company Secures $10 Million

By Annie Baker ● Jun 9, 2023

Amify - a leading provider of technology-enabled Amazon optimization and advertising solutions - announced that it has closed its Series B funding round with a total of $10 million in investment. This funding round was led by strategic growth-oriented investors including Mercury Fund, Cincy Tech, and SAAS Ventures along with participation from several undisclosed angel investors.

Meanwhile: Asset-Denominated Life Insurance Provider Company Secures $19 Million

By Amit Chowdhry ● Jun 9, 2023

Meanwhile - the first and only life insurer entirely denominated in a cryptocurrency - announced recently that it raised about $19 million in financing across two seed rounds

Sequoia Capital Splitting Into 3 Parts

By Noah Long ● Jun 9, 2023

Sequoia Capital - one of the largest venture capital firms - announced earlier this week that it would be splitting its global partnership into 3 separate geographic units. For example, Sequoia China will be divided from Europe and the U.S. partnership due to increasingly complex dynamics. Sequoia China and the firm’s Southeast Asian arms are going to become independent businesses by next year.

Keep Aware: Browser Security Company Closes $2.4 Million In Funding

By Dan Anderson ● Jun 9, 2023

Keep Aware - a company that is pioneering a human-centric approach to browser security - announced a $2.4 million round led by LiveOak Venture Partners with participation from Runtime Ventures and prominent angel investors in the cybersecurity industry.

Mend: Life Sciences Company Secures $15 Million In Funding

By Annie Baker ● Jun 9, 2023

Mend - a life sciences and digital health company operating at the intersection of nutrapharma, food as medicine, and behavioral health - announced recently that it has received a round of Series A funding.

Datasembly: $16 Million Funding Received To Offer Real-Time Product Data For Retailers And CPGs

By Dan Anderson ● Jun 8, 2023

Datasembly - a leading provider of real-time product pricing, promotions, and assortment data for retailers and CPG brands - announced it has secured $16 million in funding led by Noro-Moseley Partners with participation from Grotech Ventures, Topmark Partners, and Staley Capital.

ClearMotion: Software-Defined Chassis Company Pulls In $32 Million In Funding

By Annie Baker ● Jun 8, 2023

ClearMotion - a leading software-defined chassis company revolutionizing the in-car experience - announced recently a $32 million investment.

Keeta: Cross-Border Payments Platform Company Raises $17 Million

By Amit Chowdhry ● Jun 8, 2023

Keeta - a new global payments platform offering instant and secure cross-border monetary transactions - recently announced its official launch with $17 million in funding from investors, including Eric Schmidt.

Episode Six: Enterprise-Grade Payment Processing Closes $48 Million In Series C

By Noah Long ● Jun 8, 2023

Episode Six (E6) - a global provider of enterprise-grade payment processing and digital ledger infrastructure - announced a $48 million Series C financing led by Avenir

Quanta Therapeutics: Over $50 Million Raised To Pioneer Targeted Therapies For Treating RAS-Driven Cancers

By Annie Baker ● Jun 8, 2023

Quanta Therapeutics - a privately-held biopharmaceutical company pioneering targeted therapies to treat RAS-driven cancers - announced recently a $50.7 million Series D financing.

Builder.ai: Composable Software Platform Company Secures Over $250 Million In Series D

By Noah Long ● Jun 8, 2023

Builder.ai - an AI-powered composable software platform designed to be so simple and accessible that everyday businesses and individuals can turn their ideas into software - announced recently an investment of over $250 million in Series D funding. This new funding round - which was led by Qatar Investment Authority (QIA) takes the total amount raised by the company to over $450 million with an up to 1.8x increase in its valuation.

ReNAgade Therapeutics: This Company Recently Raised Over $300 Million To Develop RNA Medicines For Correcting Diseases

By Dan Anderson ● Jun 8, 2023

ReNAgade Therapeutics - a company unlocking the limitless potential for RNA medicines to correct disease - recently announced a $300 million Series A financing round led by MPM BioImpact and F2 Ventures.

Charm Industrial: Carbon Removal Company Closes $100 Million In Funding

By Amit Chowdhry ● Jun 8, 2023

Charm Industrial - a company that is removing carbon from the atmosphere via bio-oil sequestration and decarbonizing steel with steam-reformed bio-oil - announced recently that it has raised $100 million in Series B funding led by General Catalyst. And additional investors include Lowercarbon, Exor Ventures, Kinnevik, Thrive Capital, and Elad Gil.

Pixxel: Hyperspectral Earth-Imaging Technology Company Raises $36 Million

By Annie Baker ● Jun 8, 2023

Pixxel - a leader in cutting-edge hyperspectral earth-imaging technology - announced $36 million in a Series B funding round of funding with participation from new investors such as Google along with existing investors Radical Ventures, Lightspeed, Blume Ventures, growx, Sparta and Athera.

LEADOPTIK: $5 Million Secured To Build Early Lung Cancer Detection

By Noah Long ● Jun 7, 2023

LEADOPTIK - a Silicon Valley-based medical imaging company - announced that it has raised $5 million in an oversubscribed series seed funding led by MetaVC Partners with participation from SOSV, Sony Innovation Fund, TSVC, ENEA, Arash Ferdowsi (co-founder of Dropbox), Ray Muzyka (co-founder of BioWare), and others.

PharmEnable: Drug Discovery Company Secures $7.5 Million

By Amit Chowdhry ● Jun 7, 2023

PharmEnable - a drug discovery company focused on chemical novelty, diversity, and complexity - announces recently that it has closed a Pre-Series A investment round of $7.5 million to develop the next generation of small molecule drugs against disease areas of high clinical need.

Axelera AI Lands $50 Million In Series A Funding To Develop AI At The Edge

By Annie Baker ● Jun 7, 2023

Axelera AI - a provider of the world’s most powerful and advanced solutions for AI at the Edge - announced new investors who have joined their oversubscribed Series A round, bringing the total amount raised to $50 million.

Peak Power: Canadian Cleantech Company Pulls In $35 Million In Funding

By Dan Anderson ● Jun 7, 2023

Peak Power - a Canadian cleantech company that provides energy optimization software and services for commercial real estate and industrial customers and energy storage project developers - recently announced the successful closing of a $35 million USD funding round.

Swiftsure Innovations: C$2.3 Million Seed Round Raised To Develop Oral Care Solutions

By Annie Baker ● Jun 7, 2023

Swiftsure Innovations announced recently that it closed a $2.3 million CAD seed funding round. This funding round was led by Pelorus VC with participation from Sandpiper Ventures and pan-Canadian consortium MEDTEQ+ and several other pre-seed investors.

FlowX.AI: Enterprise Application Modernization Platform Inks $35 Million In Funding

By Dan Anderson ● Jun 7, 2023

FlowX.AI - the world's first AI enterprise application modernization platform for large financial services organizations - announced recently that it has raised a $35 million Series A funding round.

Westhill: $13.5 Million In Funding Received To Bring Digital Solutions For The Property & Casualty Insurance Industry

By Noah Long ● Jun 7, 2023

Westhill Global - a technology company that provides an end-to-end digital experience for managing repairs following a property claim - announced recently a $13.5 million preferred round of funding led by a large strategic investor.

Bloom Finance: Home Equity Release Solutions Company Closes $7 Million In Funding

By Annie Baker ● Jun 7, 2023

Bloom Finance Company Ltd. recently announced the closing of a $7 million Series A financing, led by SixThirty Ventures.

Obie: Insurtech Startup Raises $25 Million In Series B Funding

By Dan Anderson ● Jun 7, 2023

Obie - an industry-leading insurtech startup - announced recently that it has raised $25.5 million in a Series B funding round led by Battery Ventures with participation from Brick and Mortar VC, DivcoWest, and several real estate funds and investor groups.

Hostaway: Vacation Rental Software Company Secures $175 Million In Strategic Growth Funding

By Annie Baker ● Jun 7, 2023

Hostaway - a leading all-in-one vacation rental software and management system - recently announced a $175 million capital raise.

Cortex: Internal Developer Portal Company Closes $35 Million In Series B

By Amit Chowdhry ● Jun 6, 2023

Cortex - a leading internal developer portal (IDP) - announced $35 million in Series B funding led by IVP with participation from Craft Ventures in addition to existing investors Sequoia Capital, Tiger Global and Y Combinator.

Hyro: Adaptive Communications Platform Company Secures $20 Million

By Amit Chowdhry ● Jun 6, 2023

Hyro - a leader in plug-and-play conversational artificial intelligence (AI) - announced recently that it has finalized a $20 million Series B funding round led by Macquarie Capital with participation from new investors Liberty Mutual Strategic Ventures, Black Opal Ventures, and K20, and existing investors Hanaco Ventures, Spero Ventures, and Mindset Ventures, bringing the company’s total funding to $35 million.

MindsDB: $25 Million Raised To Help Developers Speed Up ML Development Processes

By Amit Chowdhry ● Jun 6, 2023

Canopus Networks: AI-Driven Network Analytics Company Secures $3 Million

By Amit Chowdhry ● Jun 6, 2023

Canopus Networks - a Sydney, Australia-based developer of AI-driven network analytics - has successfully completed an additional $3 million (AU $4.5 million) investment from Konvoy Ventures, a US VC firm that focuses on highly scalable technologies targeting the emerging gaming industry.