Venture Capital

Pluristyx: Funding Round Raised To Boost Cell Therapy

By Dan Anderson ● Dec 29, 2023

Pluristyx - a leading provider of tools, technologies and services for the development of cell therapies - recently announced the closing of a major fundraising round led by BroadOak Capital Partners. The oversubscribed funding round featured participation from existing investors and key opinion leaders across the life sciences industry.

PaintJet: Robotics Company Closes $10 Million To Bring Automation To Industrial Painting

By Noah Long ● Dec 29, 2023

PaintJet - the robotics company bringing automation to industrial painting - recently announced it has raised $10 million in Series A funding to bring critical automation technology to the construction industry and address widespread labor shortages. And the latest funding round was led by Outsiders Fund with participation from 53 Stations, Dynamo, Pathbreaker Ventures, MetaProp and VSC Ventures. This brings PaintJet’s total funding to $14.75 million.

ElastiFlow: Network Observability Solutions Company Secures $3 Million

By Dan Anderson ● Dec 29, 2023

ElastiFlow - a leading provider of network observability solutions - recently announced the successful completion of a $3 million seed funding round led by Venture Guides. This investment will fuel the ElastiFlow mission to redefine the landscape of network observability and accelerate the company's growth.

Salt Labs: Loyalty/Financial Tech Company Raises $8 Million From Third Prime

By Annie Baker ● Dec 29, 2023

Salt Labs - a loyalty and financial technology company that bridges the gap between employers and employees - recently announced Third Prime has invested $8 million in the company.

Hyperlink Ventures: $32 Million Debut Fund Launches To Invest In Next-Gen B2B Companies

By Amit Chowdhry ● Dec 29, 2023

Hyperlink Ventures - a new venture capital firm founded earlier this year and managed by three up-and-coming partners, Eli Cole, Sarosh Adi, and Piran Adi - recently announced closing its oversubscribed first fund at $32 million. The new fund will invest primarily in Series A and Series B stage companies, focusing on technology breakthroughs that help the world’s largest corporations and industries increase productivity through software.

PolicyMap: Geographic Data And Analytics Platform Closes $3 Million

By Dan Anderson ● Dec 29, 2023

PolicyMap - a leading geographic data and analytics company - recently announced the closing of a $ 3 million Series A financing round led by existing investor Reinvestment Fund and joined by Ben Franklin Technology Partners, Spring Point Partners, PolicyMap Board Members, Employees, and Friends and Family.

Axelspace: Microsatellite Company Raises $44 Million

By Annie Baker ● Dec 29, 2023

Axelspace Holdings recently announced that the company completed its Series D funding round, raising approximately JPY 6.24 billion (equivalent to $44 million). This funding round sees the allocation of new shares to SMBC-GB Growth I Investment Limited Partnership, several venture capital firms, and corporate investors. This funding round brings the cumulative amount of equity financing to approximately JPY 14.3 billion.

Pattern Energy: $11 Billion In Financing Closed For Largest Clean Energy Infrastructure Project In U.S. History

By Amit Chowdhry ● Dec 29, 2023

Pattern Energy Group LP - a leader in renewable energy and transmission infrastructure - recently announced that it has closed an $11 billion non-recourse financing and begun full construction of SunZia Transmission and SunZia Wind, the largest clean energy infrastructure project in U.S. history.

Main Street Capital Invests $43.2 Million In Pinnacle Topco

By Annie Baker ● Dec 29, 2023

Main Street Capital Corporation recently announced that it recently completed a new portfolio investment totaling $43.2 million to facilitate the recapitalization of Pinnacle Plastics, Inc. and Integrity Plastics, Inc. (known as Pinnacle together), a manufacturer and distributor of commercial can liners, polyethylene bags, produce bags, and other adjacent products for use predominantly in the quick-service restaurant, convenience store, and janitorial services industries.

Base Operations: Global Threat Intelligence Company Raises $9.1 Million

By Dan Anderson ● Dec 28, 2023

Base Operations – a leader in SaaS-based global threat intelligence for physical security – recently announced the successful closing of a $9.1 million Series A led by Grotech Ventures and Spero Ventures with notable contributions from Vela Partners, Good Growth Capital, Mindset Ventures, Alliance Holdings, and Gaingels.

Cart.com Raises $30 Million In Growth Capital From Trinity

By Amit Chowdhry ● Dec 28, 2023

Trinity Capital - a leading provider of diversified financial solutions to growth-stage companies – recently announced the commitment of $30 million in growth capital to Cart.com, a provider of unified commerce and logistics solutions that enable merchants to sell and fulfill anywhere.

Lyndra Therapeutics: Clinical-Stage Biopharmaceutical Company Closes $101 Million

By Annie Baker ● Dec 28, 2023

Lyndra Therapeutics - a clinical-stage biopharmaceutical company – recently announced the closing of a $101 million Series E financing round. The proceeds of the funding round, led by Sarissa Capital and including Sun Pharmaceutical Industries Limited and Polaris Partners, will support the development of Lyndra’s pipeline, including oral weekly risperidone (LYN-005), which is near completion of a pivotal phase 3 study.

web3mine: Web3 Tool Company Raises $6 Million

By Annie Baker ● Dec 26, 2023

web3mine - an open-source innovation lab building Web3 tools that help humanity transition to community-owned and -governed internet infrastructure – recently announced its emergence from stealth mode following a successful $6 million seed funding round. This funding round was led by 1kx, a leading Web3 investor and also included Protocol Labs and a community of angel investors.

rabbit: $10 Million Secured To Build The Future Of Human-Machine Interface

By Amit Chowdhry ● Dec 26, 2023

rabbit - an AI startup building the future of human-machine interface – recently announced that it has raised a $10 million Series A round led by existing investor Khosla Ventures, bringing the total funding to $30 million.

Unnatural Products: $32 Million Raised To Develop Next-Gen Molecularly Targeted Therapeutics

By Annie Baker ● Dec 26, 2023

Unnatural Products - a biotech company pairing AI with chemistry to usher in the next generation of molecularly targeted therapeutics – recently announced $32 million in Series A funding, led by Merck Global Health Innovation Fund (MGHIF) and TechBio-focused ARTIS Ventures. And other new investors include First Spark Ventures, The Venture Collective, Humain Ventures, LongeVC, and Not Boring Capital, along with participation from existing investors.

Luna: $50 Million Strategic Investment Received From White Hat Capital

By Noah Long ● Dec 25, 2023

Luna Innovations - a global leader in advanced fiber optic-based technology – recently announced a $50 million investment by White Hat Capital Partners, an investment firm focused on sustainable value creation in technology companies serving mission-critical applications.

Vestwell: Employer And Individual Savings Platform Company Raises $125 Million

By Amit Chowdhry ● Dec 25, 2023

Vestwell – a leading employer and individual savings platform – recently announced it raised its Series D round, totaling $125 million. Lightspeed Venture Partners led the funding round. And existing investors Fin Capital, Primary Venture Partners, FinTech Collective, and newcomers Blue Owl and HarbourVest also participated.

TrustedHousesitters: $100 Million Valuation Following Management Buyout

By Amit Chowdhry ● Dec 25, 2023

Mayfair Equity Partners is backing a management buyout of TrustedHousesitters, a category-defining, subscription-based pet-sitting and travel community. Mayfair and the management team will hold a majority stake in the business. Rockpool will exit its stake in TrustedHousesitters and reinvest alongside Mayfair. The transaction values the business at over $100 million. The additional deal terms were undisclosed.

J.C. Flowers: $125 Million Equity Investment In Capital Funding Bancorp Completed

By Dan Anderson ● Dec 25, 2023

J.C. Flowers & Co. LLC - a leading private investment firm dedicated to investing globally in the financial services industry – recently announced it has closed its investment with Capital Funding Bancorp, Inc., the holding company for CFG Bank, a top-performing Baltimore-based bank providing financing and banking solutions to the national healthcare and multifamily industries.

IntelliBoard Raises Funding From Advantage Capital And Connecticut Innovations

By Annie Baker ● Dec 25, 2023

IntelliBoard - a leading learning analytics provider – recently announced the completion of a financing round led by Advantage Capital (a new investor) and an existing investor, Connecticut Innovations (CI). This new funding round will be invested in the future market growth and innovation of IntelliBoard's leading Learning Analytics platform.

GreyOrange: AI-Driven Fulfillment Automation Company Raises $135 Million

By Annie Baker ● Dec 25, 2023

GreyOrange - a leader in AI-driven fulfillment automation – recently announced the first close of its Series D funding, securing $135 million. This funding, led by Anthelion Capital (formerly Cowen Sustainable Investments), reinforces GreyOrange’s innovative approach to transforming warehouse and retail store operations through a hardware-agnostic software platform and a dynamic range of certified robotic and sensing technologies.

Atavistik Bio: $40 Million Raised To Discover Next-Gen Precision Allosteric Therapeutics

By Annie Baker ● Dec 24, 2023

Atavistik Bio - a biotechnology company discovering the next generation of precision allosteric therapeutics inspired by the body’s natural regulators – recently announced that it had raised an additional $40 million to advance its lead precision allosteric small molecule therapeutics in oncology into the clinic and to advance its earlier stage pipeline. The funding included existing investors, including The Column Group, Lux Capital, and Nextech Invest, Ltd. Since launching in August 2021, Atavistik Bio has raised $100 million in aggregate.

knownwell: $20 Million Secured To Scale Weight-Inclusive Primary Care Platform

By Annie Baker ● Dec 22, 2023

knownwell - an in-person and virtual, weight-inclusive primary care and metabolic health company – recently announced that it has raised a $20 million Series A funding round led by A16Z with participation from existing investors, including Flare Capital Partners.

NewLeaf Symbiotics: Pink-Pigmented Facultative Methylotrophs Company Raises $45 Million

By Annie Baker ● Dec 22, 2023

NewLeaf Symbiotics - a global leader and pioneer of pink-pigmented facultative methylotrophs (PPFMs) – recently announced the fully funded close of its series D financing round, totaling $45 million. This funding round was led by new investor Gullspång Re:food and followed by Otter Capital Partners LP, S2G Ventures, Leaps by Bayer and others.

Sabanci Renewables: Advantage Capital Commits $185 Million Investment For Cutlass Solar II Project

By Amit Chowdhry ● Dec 21, 2023

Advantage Capital (a leading impact investment firm) recently announced that it has committed to providing a $185 million investment to Sabanci Renewables, a North American subsidiary of Sabanci Holding, to complete the financing of its Cutlass Solar II project.

Redactable: $5.5 Million Raised To Advance App For Redacting Sensitive Documents Quickly

By Amit Chowdhry ● Dec 21, 2023

Redactable - an AI-driven web application built to redact sensitive documents quickly and permanently – recently announced that it has raised $5.5 million in seed funding led by Gradient Ventures (Google's AI-focused venture fund) with participation from Wocstar Fund, existing pre-seed investors, and notable angel investors.

Prevu: Homebuying Platform Company Closes $6 Million In Funding

By Noah Long ● Dec 21, 2023

Prevu – a leading savings-oriented homebuying platform in the US – recently announced its Series A funding round of $6 million. The company welcomed new investors Citi, RiverPark Ventures, Metropolis Ventures, Simplex Ventures, Winklevoss Capital, Liebenthal Ventures, and shares the appreciation for the continued support and participation in the round from its existing investors.

Pivotal Life Sciences: bioVenture Partners Fund II Closes At $389 Million

By Amit Chowdhry ● Dec 21, 2023

Pivotal Life Sciences - a global investment firm dedicated to investing in companies involved in healthcare innovation seeking to improve patient outcomes - recently announced the final close of Pivotal bioVenture Partners Fund II with $389 million in capital commitments.

Lingrove: Composite Materials Company Secures $10 Million

By Annie Baker ● Dec 21, 2023

Lingrove - a pioneer in composite materials that uses patented technology to transform fast-growing plants into surfaces and panels for the built environment and beyond – recently announced an oversubscribed Series B round of funding led by Lewis & Clark Agrifood and Diamond Edge Ventures, with participation from Bunge Ventures and SOSV. This funding round enables Lingrove to ramp up production of ekoa, a natural, durable, and carbon-negative alternative to conventional materials used in construction.

Exiger Receives Investment From Carlyle And Insight Partners

By Noah Long ● Dec 21, 2023

Exiger – a market-leading SaaS company revolutionizing how corporations, government agencies, and banks manage supply chains - recently announced that it has entered into a definitive agreement to receive a majority investment from funds managed by Carlyle and Insight Partners.