Venture Capital

Swing Education Completes $38 Million In Series C To Connect Schools And Substitute Teachers

By Amit Chowdhry ● Jun 2, 2023

Swing Education - an online marketplace that connects schools and substitute teachers - announced $38 million in Series C funding.

TwinUp: $3 Million In Seed Funding Received For Metaverse Architecture Platform

By Dan Anderson ● Jun 2, 2023

TwinUp - a Frisco-based software company - announced a significant milestone in securing a lead investment of $3 million from private investors for its revolutionary software application tailored specifically for the architectural community.

Ray Therapeutics: Leading Optogenetics Company Secures $100 Million

By Annie Baker ● Jun 2, 2023

Ray Therapeutics - a leading optogenetics company - announced an upsized oversubscribed $100 million Series A financing round led by Novo Holdings A/S and joined by Deerfield Management, Norwest Venture Partners, Platanus, MRL Ventures Fund (the therapeutics-focused corporate venture fund of Merck & Co) and existing investor 4BIO Capital. The funding will advance multiple programs targeting blinding diseases of the eye through clinical development.

Proxima Fusion: €7 Million Raised To Design Power Plants Based On The Stellarator Concept

By Amit Chowdhry ● Jun 2, 2023

Proxima Fusion is a fusion startup that is designing fusion power plants based on the stellarator concept that has completed its pre-seed fundraising of €7 million. The funding round was co-led by Plural and UVC Partners and joined by High-Tech Gründerfonds (HTGF) and the Wilbe Group.

Prime Roots: $30 Million Raised To Create Plant-Based Deli Meats

By Noah Long ● Jun 2, 2023

Prime Roots is a leading innovator of deli-style meats made from koji mycelium that recently announced $30 million in Series B funding from True Ventures, Pangaea Ventures, Prosus Ventures, Top Tier Capital, Diamond Edge Ventures, SOSV/IndieBio, Solasta Ventures, Monde Nissin, Alumni Ventures, Gaingels, Meach Cove Capital, The House Fund, and Hyphen Capital. With this round of funding, the company has raised a total of about $50 million. This round of funding will enable Prime Roots to scale and expand to deli counters and restaurants nationwide.

Pearl Energy Investments Closes Third Fund With About $705 Million

By Amit Chowdhry ● Jun 2, 2023

Pearl Energy Investments - a Dallas-based energy investment firm with $1.9 billion of committed capital under management - announced the final closing of its third fund Pearl Energy Investments III, L.P. and affiliated funds with total commitments of approximately $705 million which represents the largest investment vehicle in Pearl’s history.

CUR8: £5.3 Million Landed To Advance The Carbon Removals Industry

By Amit Chowdhry ● Jun 2, 2023

CUR8 - a climate tech startup accelerating the carbon removals industry - announced recently it has raised £5.3 million in pre-seed funding led by GV (Google Ventures). This funding round - which also included funding from CapitalT - will be used to grow the team, scale up capacity, and further product development of the CUR8 platform.

SageSure: Catastrophe-Exposed Property Insurance Company Secures $250 Million

By Dan Anderson ● Jun 2, 2023

SageSure - which is one of the largest independent managing general underwriters focused on providing catastrophe-exposed property insurance - announced the closing of a $250 million equity investment led by Amwins and Flexpoint Ford with participation from Ares Management Corporation.

boombox.io: Music Maker Collaboration Platform Secures $7 Million

By Amit Chowdhry ● Jun 2, 2023

boombox.io - a collaboration platform for music makers - announced it has closed $7 million of seed capital. This funding round was led by Forerunner with participation from super{set} startup studio and Ulu Ventures.

Ethernovia: $64 Million Funding Round Completed To Accelerate Vehicle Networks

By Noah Long ● Jun 1, 2023

Ethernovia announced recently that it has completed its Series A round of funding at $64 million. This funding round consists of multiple investors, including Porsche Automobile Holding SE (Porsche SE), Qualcomm Ventures, VentureTech Alliance, AMD Ventures, Western Digital Capital, Fall Line Capital, Taiwania Capital, ENEA Capital, and several others.

Zip: Intake-To-Pay Platform Inks $100 Million In Series C At $1.5 Billion Valuation

By Annie Baker ● Jun 1, 2023

Zip - an intake-to-pay platform - announced its $100 million Series C funding round at a $1.5 billion post-money valuation with investment from Y Combinator, CRV, and Tiger Global. And this funding round brings Zip’s total funding to $181 million with its prior seed, $25 million Series A, and $43 million Series B rounds.

Tipalti: $150 Million Raised To Build Global Payables Automation Platform

By Dan Anderson ● May 31, 2023

Tipalti - a leading global payables automation platform - announced it has raised $150 million in incremental growth financing from JPMorgan Chase Bank and Hercules Capital.

MarketX: Radiate Ventures’ Inaugural Fund Launched To Invest In Disruptive Technologies

By Amit Chowdhry ● May 31, 2023

MarketX - a global thematic investment platform focused on venture capital deals - along with the firm’s founder Cathryn Chen announced the launch of Radiate Ventures, which is a dedicated investment vehicle with discretionary capital investing in disruptive technologies focused on fintech, deep tech, and vertical SaaS.

Steno: Legal Support Services Company Secures $15 Million In Series B

By Annie Baker ● May 31, 2023

Steno - a tech-enabled provider of legal support services - announced the closing of a $15 million Series B funding round led by Left Lane Capital.

BuildOps: Modern Commercial Contractor Company Raises $50 Million

By Noah Long ● May 31, 2023

BuildOps - the only all-in-one management software built specifically for the modern commercial contractor - announced it has raised $50 million in additional funding.

PYOR Lands $4 Million In Funding To Build Insights For The Digital Assets Industry

By Dan Anderson ● May 31, 2023

PYOR (Power Your Own Research) - a pioneer in enabling high-fidelity data and insights for the digital assets industry - announced $4 million of funding in its seed round.

Spellbook: AI Copilot For Legal Industry Closes $10.9 Million In Funding

By Annie Baker ● May 31, 2023

Spellbook - an AI copilot for lawyers - announced recently a $10.9 million funding round led by Moxxie Ventures with participation from Thomson Reuters Ventures, Inovia Capital, The LegalTech Fund, Bling Capital, N49P, Concrete Ventures, Good News Ventures, Venture Newfoundland & Labrador and others as well as a formal rebrand from Rally to Spellbook.

Odyssey: $15 Million In Funding Received To Drive An Emerging Market Energy Transition

By Annie Baker ● May 30, 2023

Odyssey - a business-in-a-box software platform for distributed energy in emerging markets - announced the closing of its $15 million Series A round led by Union Square Ventures with additional participation from Equal Ventures, Twelve Below, Transition, Equator, MCJ Collective, Abstract Ventures, Founder Collective, and Climate Capital.

Stacklok: $17.5 Million Closed To Secure Software Supply Chains

By Annie Baker ● May 30, 2023

Stacklok announced recently a $17.5 million Series A funding round to bring enterprise-grade security solutions to developers actively working with open-source software.

Course5 Intelligence: Analytics And AI Solutions Company To Raise $55 Million

By Annie Baker ● May 30, 2023

Course5 Intelligence - an analytics and AI solutions company - announced that they are raising a round of funding of $55 million.

Sealonix: $20 Million Secured For Developing Hemostatic Sealants For Surgical Use

By Noah Long ● May 30, 2023

Sealonix announced that it has closed a $20 million Series A financing. This funding round was led by Excelestar Ventures with additional participation from AMED Ventures, Sparta Group, Iyengar Capital, J2 Ventures, and TiE Boston.

PartsTech: $35 Million In Series C Funding Pulled In For B2B Auto Parts Marketplace

By Annie Baker ● May 30, 2023

PartsTech - an industry-leading B2B parts marketplace for the auto repair industry - announced it has closed a Series C capital raise of $35 million. This funding round was led by OpenView, a renowned venture capital firm known for its deep expertise in scaling high-growth technology companies.

NYBC Ventures: $50 Million Fund Launched To Accelerate Blood-Related Innovation

By Amit Chowdhry ● May 30, 2023

NYBC Ventures announced the launching of its inaugural fund with a $50 million investment from the New York Blood Center (NYBC) to accelerate innovation in blood-related fields, cellular therapies, and enabling technologies.

Catalyst By Wellstar: $100 Million Venture Fund Launches To Shape Future Of Healthcare

By Annie Baker ● May 30, 2023

Catalyst by Wellstar - an innovation company and venture firm created by one of the largest health systems in Georgia - announced the launching of a $100 million venture fund for shaping the future of healthcare by creating better care and market value.

Plymouth Growth: Fifth Fund Closed At $125 Million In Committed Capital

By Amit Chowdhry ● May 30, 2023

Plymouth Growth, a leading Ann Arbor, MI-based growth equity firm, announced the successful closing of Plymouth Growth V, LP, with about $125 million in committed capital.

Insight Partners: $1.3 Billion Committed For Continuation Fund II

By Amit Chowdhry ● May 30, 2023

Insight Partners recently announced the closing of its Continuation Fund II with HarbourVest Partners and Lexington Partners leading a group of limited partners investing in the fund. The deal closed with total commitments of approximately $1.3 billion.

Lifeforce: $12 Million Raised For Health Optimization Platform

By Amit Chowdhry ● May 30, 2023

Lifeforce - which is the first comprehensive and clinically integrated health optimization platform - announced the closing of its $12 million Series A funding round co-led by M13 and Peterson Ventures.

Lumeus.ai Lands $6 Million In Seed Funding For Visibility-First Zero Trust Networking Platform

By Annie Baker ● May 30, 2023

Lumeus.ai - a visibility-first Zero Trust networking platform - announced its launch with $6 million in seed funding led by Tola Capital with participation from pre-seed investors Emergent Ventures and First Rays Ventures.

Num Finance: Latin American Stablecoin Issuer Lands $1.5 Million In Pre-Seed Funding

By Noah Long ● May 27, 2023

Num Finance - a premier issuer of local stablecoins in Latin America - announced it has raised $1.5 million following the closure of its pre-seed funding round led by Reserve. The investors in the round also included H20 Scouter Fund, VC3, Ripio Ventures, and Matias Woloski, the CTO of Auth0.

Plenty: $2.75 Million Raised For Modernizing Wealth Building For Couples

By Annie Baker ● May 27, 2023

Plenty - a financial platform that helps couples discuss, manage, and invest money together - recently announced its $2.75 million pre-seed capital raise to provide more accessible wealth-building opportunities that meet the needs of dual relationships.