Venture Capital

Deep Sentinel: Virtual Guard Security Company Raises $15 Million

By Amit Chowdhry ● Jun 6, 2023

Deep Sentinel - a security provider with 24/7 live video monitoring by remote guards aided by their proprietary artificial intelligence technology - announced a $15 million funding round led by Intel Capital with participation from Shasta Ventures, Slow Ventures, UP2398, and Jason Calacanis’ The Syndicate.

Elevate Ventures: This Venture Firm Is Launching The Largest Cross-Sector Innovation Summit Called Rally

By Amit Chowdhry ● Jun 6, 2023

Elevate Ventures is known as one of the most active seed and early-stage investors in the Great Lakes area. To learn more about the firm, Pulse 2.0 interviewed Elevate Ventures CEO Christopher Day.

Hallow: 10 Million App Downloads And $50 Million In Funding

By Annie Baker ● Jun 5, 2023

Hallow recently achieved 10 million downloads and 225 million prayers prayed around the world - which makes it the biggest prayer app in the world (Sensor Tower). Hallow also became the first faith-based app to hit the top 10 apps in the App Store at #3 overall. The company also announced it closed $50 million in Series C funding, bringing the total funding raised for Hallow to $105 million.

Paradromics: Brain-Computer Interface Company Secures $33 Million In Series A

By Annie Baker ● Jun 5, 2023

Paradromics - a leading developer of high data-rate brain-computer interfaces (BCI) - announced recently a $33 million Series A funding round led by Prime Movers Lab. Additional investors in this round include Westcott Investment Group, Dolby Family Ventures, and Green Sands Equity. The new funding round will help Paradromics launch its first-in-human clinical trial for the Connexus Direct Data Interface (DDI).

Kelvin: Decarbonized HVAC Solutions Company Closes $30 Million In Series A

By Noah Long ● Jun 5, 2023

Kelvin - a pioneer in intelligent, decarbonized HVAC solutions for legacy buildings - recently announced the closing of $30 million in Series A funding.

OncoResponse: $13 Million Grant And $14 Million In Funding Received

By Annie Baker ● Jun 5, 2023

OncoResponse - a clinical-stage biotech company advancing immunotherapies derived from the immune systems of Elite Cancer Responders - announced it has been awarded a $13 million grant from the Cancer Prevention and Research Institute of Texas (CPRIT).

Union.ai: $19.1 Million Series A Raised And Union Cloud Launches

By Noah Long ● Jun 5, 2023

Union.ai - a company that extends companies' ability to create next-generation AI and data products at scale - announced recently the general availability of Union Cloud for North American and European customers of AWS and GCP. And the company also announced it has raised $19.1 million in Series A financing from NEA and Nava Ventures in order to fuel growth and its expanded offerings.

Stathera: Fabless Semiconductor Company Closes $15 Million In Funding

By Dan Anderson ● Jun 5, 2023

Stathera - a leading provider of MEMS (Micro-electromechanical Systems) timing solutions - announced that the company has raised $15 million in a Series A funding round. And the round was co-led by BDC Capital’s Deep Tech Venture Fund and Celesta Capital, with additional participation from strategic investors including MediaTek, Seiko Epson, and TXC.

Ownify: $7 Million Raised To Build On A Fractional Homeownership Service

By Annie Baker ● Jun 5, 2023

Ownify - a first-of-its-kind fractional homeownership program dedicated to making homeownership achievable for first-time homebuyers - had officially launched in the Triangle area of North Carolina. And the company announced today a $7 million seed round, led by Lobby Capital with participation from Socially Financed, Gaingels, and others.

Pear VC: Oversubscribed $432 Million Fund Raised For Seed And Pre-Seed Investments

By Amit Chowdhry ● Jun 5, 2023

Pear VC announced that it closed its 4th fund - which was at $432 million. And this fundraising by Pear is one of the largest seed funds raised in recent years by a non-multistage fund, which is a bright spot in a choppy VC environment.

Atly: User-Generated Social Mapping Platform Company Secures $18 Million

By Amit Chowdhry ● Jun 5, 2023

Atly - a user-generated social mapping platform purpose-built for discovering places to go and things to do - announced its official launch with $18 million in funding from Target Global, Tal Ventures, and FKA Brands to offer users seamless, effective, and trustworthy location-based content.

Azteco: $6 Million Raised To Provide Vouchers For Small Bitcoin Amounts

By Amit Chowdhry ● Jun 5, 2023

Azteco - the only provider of vouchers for small amounts of Bitcoin for everyday use - announced recently that it has raised $6 million in seed funding. This funding round was led by Jack Dorsey with participation from Lightning Ventures, Hivemind Ventures, Ride Wave Ventures, Aleka Capital, Visary Capital, Gaingels, David Van Der Weele, and Sunil Rajaraman.

Volition: Industrial Parts Marketplace Company Pulls In $11 Million Seed Round

By Annie Baker ● Jun 4, 2023

Volition recently announced an $11 million seed round of funding led by Newark Venture Partners and Quiet Capital, with major participation from Lachy Groom, Alan Rutledge, Julian Capital, and Humba (Susa) Ventures. Volition is the first and only online industrial parts marketplace designed specifically for the needs of the hardware development world. It aims to accelerate the pace of hardware innovation by serving as the hub that organizes all of the world's components.

Ensoma: Genomic Medicines Company Closes $50 Million

By Noah Long ● Jun 4, 2023

Ensoma - a genomic medicines company developing one-time in vivo treatments that precisely engineer any cell of the hematopoietic system - announced the closing of an extension of its Series B financing by $50 million, bringing the total size of the funding round to $135 million. The $50 million funding round was contributed by new investors Kite, a Gilead Company, Bioluminescence Ventures, and Delos Capital and by existing investor SymBiosis.

Metaphore Biotechnologies: Bioplatform Innovation Company Secures $50 Million In Funding

By Annie Baker ● Jun 4, 2023

Bioplatform innovation company Flagship Pioneering announced the launch of Metaphore Biotechnologies, a company harnessing the power of biomimicry and machine learning to unlock the transformative therapeutic potential of functional molecular mimics. And two years into development, Flagship has made an initial commitment of $50 million to advance Metaphore's MIMiC platform and build its pipeline for patients with autoimmune, metabolic, or oncology indications.

Spiff: Sales Commission Software Company Receives $50 Million In Series C Funding

By Amit Chowdhry ● Jun 4, 2023

Spiff - a leading sales commission software for forward-thinking revenue and sales organizations - announced recently the closing of a $50 million Series C funding round led by Salesforce Ventures with participation from Lightspeed, Norwest, Kickstart Fund, Album and others.

River: Bitcoin And Financial Technology Company Completes $35 Million Funding Round

By Dan Anderson ● Jun 4, 2023

River - a Bitcoin technology and financial services startup - announced recently a $35 million equity round. And this series B funding round was led by Kingsway Capital. The other investors included Peter Thiel, Goldcrest, Cygni, M13, Valor Equity Partners, Esas Ventures, and Alarko Ventures.

Cormint: $30 Million Funding Round Banked For Bitcoin Mining Technology

By Dan Anderson ● Jun 4, 2023

Cormint Data Systems - an emerging Bitcoin miner focused on mining low-cost Bitcoin at scale while supporting a reliable and renewable power grid - announced that it has successfully raised $30 million in Series A equity.

Visual Layer: $7 Million In Funding Raised To Curate Massive Data Sets For Training Generative AI Models

By Annie Baker ● Jun 4, 2023

Visual Layer announced $7 million in seed financing from Madrona and Insight Partners to curate the massive sets of visual data used to train, test, and fine-tune generative AI models.

Drug Farm: $27 Million Secured For Using Genetics And AI To Develop Immune-Modulating Therapies

By Noah Long ● Jun 4, 2023

Drug Farm, a private biotechnology company utilizing genetics and AI technologies to discover and develop innovative, immune-modulating therapies, has raised the first round of C series financing totaling $27 million.

Together: $20 Million Raised To Build Decentralized Cloud For AI

By Annie Baker ● Jun 4, 2023

Together - a company that will enable researchers, developers, and companies to leverage and improve artificial intelligence with an intuitive platform combining data, models, and computation - announced recently that it raised $20 million in funding. This funding round was led by Lux Capital.

Skin Pharm: $15 Million Minority Investment Received From Prelude Growth

By Noah Long ● Jun 4, 2023

Skin Pharm - a modern beauty brand and leading aesthetic skin care clinic - announced the company has received a minority investment from Prelude Growth Partners, a female-founded growth equity firm focused on high-potential and fast-growing consumer brands.

Unitea: $7 Million Secured For Engage-To-Earn Music Platform

By Dan Anderson ● Jun 4, 2023

Unitea - the only engage-to-earn music platform built to deepen connections between artists, brands, and fans - announced a seed round of $7 million led by 1st Class Guernsey, Chaos Capital, TokenSociety, and Fuel Venture Capital. Boasting a board of directors featuring industry titans like Pitbull (Armando Perez) and Claude VonStroke (Barclay Crenshaw), Unitea's unique platform is innovating the way fans engage digitally within the music industry.

Illumen Capital Closes Second Fund At $168 Million

By Amit Chowdhry ● Jun 4, 2023

Illumen Capital - a fund-of-funds focused on racial and gender diversity in investing - announced it has closed its second fund on $168 million, led by the Ford and WK Kellogg foundations along with more than 100 other investors. And the firm's second fund was oversubscribed, passing its initial target by around $20 million and nearly doubling the fundraising of its $88 million predecessor.

Red Beard Ventures: $25 Million Funding Round Banked To Accelerate Web3

By Annie Baker ● Jun 4, 2023

Red Beard Ventures recently announced it closed $25 million in funding from several notable investors including a16z's Marc Andreessen and Chris Dixon and John Crain (CEO of NFT company SuperRare). Web3 gaming company Animoca Brands also joined the round.

Auradine: Web Infrastructure Solutions Company Closes $81 Million

By Annie Baker ● Jun 4, 2023

Auradine - a pioneer in web infrastructure solutions including blockchain, security, and privacy - announced that it has raised $81 million in its initial round of funding.

Myeloid Therapeutics: Clinical Stage mRNA-Immunotherapy Company Inks $73 Million In Funding

By Noah Long ● Jun 4, 2023

Myeloid Therapeutics - a clinical-stage mRNA-immunotherapy company - announced the completion of a $73 million financing led by Hatteras Investment Partners with participation from new investors ARCH Venture Partners and Moore Strategic Ventures. All existing investors, including Newpath Partners, 8VC, and Alexandria Venture Investments, also participated in the round.

Moon Surgical: Collaborative Robotics Company Signs $55.4 Million In Funding

By Annie Baker ● Jun 4, 2023

Moon Surgical - a French-American pioneer in collaborative robotics - announced that it has secured $55.4 million in additional funding to support the continued development and planned commercialization of its Maestro System.

Boundless Bio: Precision Oncology Company Secures $100 Million In Oversubscribed Series C Funding Round

By Annie Baker ● Jun 3, 2023

Boundless Bio - a clinical-stage and next-generation precision oncology company developing innovative therapeutics directed against extrachromosomal DNA (ecDNA) for patients with oncogene amplified cancers - announced the closing of a $100 million Series C financing.

Insider: Marketing Platform Company Lands $105 Million In Funding

By Annie Baker ● Jun 3, 2023

Insider — a marketing platform for delivering individualized and cross-channel customer experiences — recently announced an investment of up to $105 million from existing investors Qatar Investment Authority (QIA) and Esas Private Equity.