Venture Capital

Catalyst Funds: $150 Million In Commitments Closed For Catalyst IV

By Annie Baker ● May 27, 2023

Catalyst Funds has announced the closing of its fourth fund Catalyst IV - which will manage assets of $150 million. Catalyst Funds now have a total of $450 million in managed assets.

Integrated Projects: Building Designer Digitization Services Company Secures $3 Million

By Annie Baker ● May 26, 2023

Integrated Projects - a leading provider of digitization services for building owners and design professionals - announced it has closed $3 million in seed funding. And the funding will be used to expand the current digitization capacity of its Integrated Projects Exchange (IPX) platform from 6 to 60 buildings a day.

Lavita AI: AI+Web3 Healthcare Platform Company Receives $5 Million In Seed Funding

By Noah Long ● May 26, 2023

Lavita AI - a next-generation AI+Web3 healthcare platform - announced it has closed a $5 million seed funding round led by Camford Capital and angel investors from blockchain and AI industries.

Cloverly: Climate Action Platform Company Lands $19 Million In Funding

By Annie Baker ● May 26, 2023

Cloverly - a technology-powered climate action platform - announced recently that it has raised a $19 million Series A funding round. This funding round was led by Grotech Ventures and joined by other leading firms including Aquiline Technology Growth, Impact Engine, Mission One Capital, New Climate Ventures, and CreativeCo Capital, and supported by existing investors including Tech Square Ventures, SoftBank Opportunity Fund, Circadian Ventures, Knoll Ventures, SaaS Ventures, and Panoramic Ventures.

Amino Health: Digital Healthcare Guidance Company Secures $80 Million In Funding

By Dan Anderson ● May 26, 2023

Amino Health - a leading digital healthcare guidance company - announced $80 million in both equity and debt financing led by Transformation Capital and Oxford Finance LLC, respectively.

Wellthy: Care Concierge Platform Closes $25.5 Million In Funding

By Noah Long ● May 26, 2023

Wellthy - a leading care concierge platform covering 2 million lives with expert personal and digital support - announced that it has raised an additional $25.5 million in funding to support the company’s continued growth and work to drive solutions to today’s care crisis.

Modern Hydrogen Inks $32.8 Million In Funding To Decarbonize Natural Gas Into Clean Hydrogen

By Annie Baker ● May 26, 2023

Modern Hydrogen recently announced an oversubscribed $32.8 million Series B-2 funding round led by NextEra Energy with strategic investors & partners Miura and National Grid Partners also participating. And existing investors Gates Frontier, IRONGREY, Starlight Ventures, Valo Ventures, and Metaplanet continued their participation and expanded their investments as part of the funding round.

Jia: $4.3 Million Closed To Turn Global Liquidity Into Working Capital For Businesses

By Amit Chowdhry ● May 25, 2023

Jia announced $4.3 million in equity funding with an additional $1 million committed for on-chain liquidity through a partnership with Huma Finance.

Lilly’s Social Impact Venture Capital Portfolio Grows To Over $300 Million

By Annie Baker ● May 25, 2023

Eli Lilly and Company recently allocated an additional $50 million to its now $300 million Social Impact Venture Capital Portfolio, which reflects the company's commitment to going beyond the medicines it makes to have a positive impact on patients and society through for-profit investments.

RX3 Growth Partners: Second Fund Closes At Nearly $150 Million

By Noah Long ● May 25, 2023

RX3 Growth Partners announced the closing of its second fund, oversubscribed at nearly $150 million.

Percent Pulls In $30 Million In Funding To Build A Private Credit Market Platform

By Amit Chowdhry ● May 25, 2023

Percent - a platform that has created a modern credit marketplace - announced the successful close of a $29.7 million Series B funding round, more than doubling the company’s total funding at $48.2 million.

Fivetran: Automated Data Movement Company Receives $125 Million In Funding

By Annie Baker ● May 24, 2023

Fivetran - a global leader in automated data movement - announced $125 million in financing from Vista Credit Partners, a subsidiary of Vista Equity Partners and strategic credit and financing partner focused on the enterprise software, data, and technology markets.

Restaurant365: Restaurant Enterprise Management Platform Lands $135 Million Funding

By Amit Chowdhry ● May 24, 2023

Restaurant365 - an industry leading all-in-one restaurant enterprise management software - announced recently it has agreed to a $135 million funding round co-led by global investment firms KKR and L Catterton with participation from current investors, including ICONIQ Growth and Bessemer Venture Partners.

Marble: $4.2 Million Funding Received For Controlling Insurance In One Place

By Dan Anderson ● May 23, 2023

Marble - a free platform that makes it easy and rewarding to take control of all your insurance in one place - has announced a seed plus investment of $4.2 million along with the launch of new features including Rate Watch, Automated Shopping, and Apple Wallet Integration.

Tenon: Enterprise Marketing Workflow Company Lands $3 Million Seed Round

By Noah Long ● May 23, 2023

Tenon - an enterprise marketing workflow company - announced recently it has raised a $3 million seed round led by High Alpha and ServiceNow Ventures. Built on ServiceNow, Tenon will use the funds to expand its team and advance its product.

Quilt: $9 Million Raised To Develop Advanced Residential Heat Pump Systems

By Annie Baker ● May 23, 2023

Quilt - the creators of an advanced ductless heat pump system for residential use - announced recently that it has closed a $9 million seed funding round of funding led by Lowercarbon Capital and Gradient Ventures.

TDK Ventures: $150 Million Raised For Investing In Materials Science Companies

By Dan Anderson ● May 23, 2023

TDK announced that subsidiary TDK Ventures will launch its third fund, totaling $150 million in new capital.

PhonePe: $100 Million Additional Investment From General Atlantic And $12 Billion Valuation

By Amit Chowdhry ● May 23, 2023

PhonePe - the largest payments app in India - announced it has secured an additional $100 million investment from General Atlantic as part of an ongoing fundraising effort.

Instawork: $60 Million Raised For Connecting Businesses With Skilled Hourly Workers

By Annie Baker ● May 23, 2023

Instawork - a leading platform for connecting businesses with skilled hourly workers - announced recently it raised $60 million in a Series D funding round led by TCV, with participation from new investors 9Yards Capital, Larry Fitzgerald Jr., and existing investors including Benchmark, Spark Capital, Craft Ventures, and Greylock.

Hippocratic AI: $50 Million Raised For Developing Artificial Health General Intelligence

By Amit Chowdhry ● May 23, 2023

Hippocratic AI recently launched out of stealth to announce the industry’s first safety-focused Large Language Model (LLM) designed specifically for healthcare and a $50 million seed round co-led by General Catalyst and Andreessen Horowitz.

Lucem Health: Transformational Clinical AI Technology Company Secures $7.7 Million

By Dan Anderson ● May 22, 2023

Lucem Health - a leading provider of transformational clinical AI technology and solutions - announced that it has closed a Series A funding round of $7.7 million.

Moonfare: Core Portfolio II Closed At Over €100 Million

By Amit Chowdhry ● May 22, 2023

Global private equity platform Moonfare announced it has hit a strategic milestone with the final close of its second core portfolio Moonfare Core Portfolio II (Core II), which surpassed its fundraising target and propelled a proprietary Moonfare portfolio beyond the €100 million mark for the first time.

Huntress: Managed Security Platform Company Raises $60 Million

By Amit Chowdhry ● May 22, 2023

Huntress - a leading managed security platform for small and mid-sized businesses (SMBs) - announced the closing of a $60 million Series C investment round led by Sapphire Ventures with participation from existing investors Forgepoint Capital and JMI Equity.

Nivoda: Diamond And Jewelry B2B Marketplace Company Secures $11 Million

By Annie Baker ● May 22, 2023

Nivoda - a B2B marketplace for diamonds and jewelry - announced it has raised an $11 million Series A led by Headline.

Sensydia: Cardiac Assessment Platform Company Raises $8 Million

By Noah Long ● May 22, 2023

Sensydia - a non-invasive cardiac assessment company - announced it has raised approximately $8 million in a new round of funding from an expanded syndicate of investors.

SWAPP: Architectural Construction Document Automation Company Secures $11.5 Million

By Dan Anderson ● May 22, 2023

SWAPP - a leading provider of automation software for architectural construction documents - announced the successful closing of an $11.5 million Series A funding round.

1touch.io: $14 Million Raised For Sensitive Data Intelligence Solutions

By Annie Baker ● May 22, 2023

1touch.io - a provider of Inventa, a sensitive data intelligence solution powered by advanced machine learning- announced that it has secured a $14 million series B round led by Neotribe Ventures with continuing support from National Grid Partners and Ocean Azul Partners.

Mayfield: $955 Million Raised Across 2 New Funds Focused On Early Stage Investing

By Amit Chowdhry ● May 21, 2023

Mayfield - a top-tier early-stage investor - recently announced that it has raised a total of $955 million across 2 venture capital funds to continue its focus on being a champion of entrepreneurs. The $580 million Mayfield XVII and the $375 million Mayfield Select III follows the $750 million raised by prior funds in March 2020, which brought the firm’s total assets under management (AUM) to $3 billion.

Optery: $2.7 Million Closed For Scaling Personal Data Removal

By Annie Baker ● May 21, 2023

Optery - a company that offers a free service for finding your personal data on hundreds of data broker websites - announced that it raised an additional $2.7 million in seed funding to modernize and scale personal data protection for consumers and businesses.

Cloudburst Technologies: Cyber Threat Intelligence Solutions Company Raises $3 Million

By Noah Long ● May 21, 2023

Cloudburst Technologies - a leading provider of cyber threat intelligence solutions company focused on digital currency/cryptocurrency fraud - announced recently the closing of a $3 million seed investment round.