Venture Capital

Everseen: Over €65+Million Raised For AI-Powered Computer Vision / Hyper Automation Solutions

By Dan Anderson ● May 17, 2023

Everseen - a leading provider of AI-powered computer vision and hyper-automation solutions - announced recently that it has raised a €65+ million Series A follow-on funding round led by Crosspoint Capital Partners, a private equity firm focused on the cybersecurity, privacy, and infrastructure software markets.

Funderbeam: $40 Million Raised To Solve The Liquidity Problem Of Angel/Venture Investments

By Amit Chowdhry ● May 17, 2023

Funderbeam - an angel investing and trading platform - announced a deal with VentureWave in which they have agreed to enter into a transaction to create a leading global entity that will serve institutional and angel investors in venture deal execution and secondaries. As part of the deal, VentureWave led the $40 million investment in Funderbeam. Mistletoe, Draper Associates, and Ruusalepp also joined the funding round.

Anavo Therapeutics: €28 Million Seed Round Secured For Unlocking The Potential of Human Phosphatase Biology

By Noah Long ● May 16, 2023

Anavo Therapeutics - a global leader in unlocking the full therapeutic potential of human phosphatase biology - announced recently an €8.5 million seed round extension, adding MRL Ventures Fund as a new investor. And all existing investors, M Ventures, INKEF, Taiho Ventures, and Bioqube Ventures, participated in the extension, bringing the total seed round to €28 million.

Gappify: $10 Million Raised For Accounting Automation Solutions Services

By Annie Baker ● May 16, 2023

Gappify - a leading provider of next-generation accounting automation solutions for corporate accounting teams - announced that it has raised $10 million in Series B financing.

Thesis: $13.5 Million Raised For Customized Approaches To Cognitive Performance Products

By Dan Anderson ● May 16, 2023

Thesis - a company that offers a customized approach to cognitive performance products based on your unique brain chemistry - announced that it has raised over $13.5 million in funding.

Hygieia: Insulin Therapy Company Secures $22 Million

By Amit Chowdhry ● May 16, 2023

Hygieia - a digital therapeutics company for insulin therapy - announced recently it is extending its Series B funding round to $22 million with a lead investment from Firstime Ventures and additional investment from two strategic partners.

Uwill: Mental Health And Wellness Solutions Company Raises $30 Million

By Noah Long ● May 16, 2023

Uwill - a leading mental health and wellness solution for colleges and students - announced it has completed a $30 million Series A funding round. This investment validates Uwill as one of the nation's fastest-growing EdTech companies and the preferred mental health partner of college leaders and students across the country. Education Growth Partners (EGP) - a private equity firm focused on providing growth capital in the education, workplace, and learning sectors - funded the investment.

Hero Bread: Low-Carb Food Company Raises $15 Million And Expands Distribution To 2,300 Stores

By Dan Anderson ● May 16, 2023

Hero Bread - a food innovation company developing low-carb options - recently announced it raised $15 million in funding, bringing the total funding to $47.5 million. And Hero Bread also announced the national retail launch of its better-for-you bread and baked goods.

Foretellix: Safety-Driven Verification Company Secures $43 Million

By Dan Anderson ● May 16, 2023

Foretellix - a leading provider of safety-driven verification and validation solutions for Automated Driving Systems and Advanced Driver Assistance Systems (ADAS) - announced recently it had raised $43 million in the first closing of its Series C funding round led by 83North, bringing its total raised capital to over $93 million.

Mavenir: $100 Million Raised To Build The Future Of Networks

By Annie Baker ● May 15, 2023

Mavenir - a Network Software Provider building the future of networks with cloud-native solutions that run on any cloud - recently announced the closing of a $100 million capital raise following a successful $250 million fundraise in 2022.

OpenEnvoy: Accounts Payable Automation Company Closes $15 Million

By Annie Baker ● May 14, 2023

OpenEnvoy - an AI company that has built the industry-leading solution for accounts payable (AP) automation - announced it raised $15 million in Series A financing led by RRE Ventures, including participation from Coelius Capital, Hack VC, Riot Ventures, and Uncorrelated Ventures.

Intrinsic: Consumer Health Company Secures $15 Million

By Dan Anderson ● May 14, 2023

Intrinsic - an omnichannel consumer health company - announced a $15 million equity fundraising to focus exclusively on women's health. And the new funding round - which brings the company's total funding to $128 million raised to date - includes participation from new investors FCA Venture Partners and MAP Investco along with existing investors Define Ventures, Link Ventures, Redesign Health, and others.

Aiden Technologies: IT Automation Solutions Company Secures $4.5 Million

By Noah Long ● May 14, 2023

Aiden Technologies - a provider of modern and intelligent software packaging and deployment for Microsoft Windows announced it has secured $4.5 million in its second round of seed funding. The co-lead investors in this round of funding are Right Side Capital Management and Blu Venture Investors. Right Side was also the largest investor in Aiden's initial round of funding in 2021 when it raised its initial $2.9 million seed funding.

Moonsense: Fraud Prevention Company Raises $4.2 Million

By Dan Anderson ● May 14, 2023

Fraud prevention innovator Moonsense announced they have raised $4.2 million in seed funding and the general availability of its user behavioral and network intelligence solution to help organizations future-proof their fraud detection and prevention. And Moonsense's new approach allows companies to better customize fraud management based on their unique business and is actively being used across several security and risk-sensitive industries including financial services, fintech, online merchants, online gambling, among others.

Autonomize AI: $4 Million Secured For Specializing In Life Sciences

By Annie Baker ● May 14, 2023

Autonomize AI - a trusted artificial intelligence (AI) company for healthcare and life sciences - announced it has closed a $4 million seed round to support the development and scaling of the company’s AI platform. And Asset Management Ventures led the round, with participation from ATX Venture Partners, Loop Ventures and The Next Practices Group.

Essenvia: Regulatory Submission Management Raises $4 Million

By Dan Anderson ● May 14, 2023

Essenvia - a pioneer in regulatory submission management for the MedTech industry - announced it closed $4M in Pre Series A financing led by Benhamou Global Ventures and Wavemaker360 with participation from existing investors First Rays, Rebright partners, as well as Pasadena Angels. And the company announced the appointment of Wavemaker360 partner Kwame Ulmer and BGV Partner Yashwanth Hemaraj to Essenvia's board of directors.

Origin Investments: Over $300 Million Raised For Final Close Of QOZ Fund

By Amit Chowdhry ● May 14, 2023

Origin Investments - a leading real estate fund manager - announced the final close of Origin Qualified Opportunity Zone Fund II (QOZ Fund II) after raising over $300 million which follows raising more than $264 million for Origin Qualified Opportunity Zone Fund I (QOZ Fund I). And with that level of fundraising achieved, Origin ranks in the top 2% of QOZ managers that report equity raised, according to proprietary industry research by Novogradac.

Fedi: Financial And Data Technology Company Secures $17 Million

By Noah Long ● May 14, 2023

Fedi - a U.S.-based developer of community-empowering financial and data technology - announced that it has raised $17 million in a Series A funding round and the company is set to pre-launch an alpha version of Fedi for builders later this month.

Pando: Supply Chain Software Company Secures $30 Million

By Annie Baker ● May 12, 2023

Supply chain software company Pando recently announced it raised $30 million in a Series B funding round.

Embr Labs: $35 Million Secured For Treating Menopause Symptoms

By Noah Long ● May 12, 2023

Embr Labs - the company behind Embr Wave, the leading wearable to treat the symptoms of menopause - announced that it has raised $35 million via intellectual property (IP)-based debt financing.

Novidea: Insurtech Company Secures $50 Million In Series C

By Annie Baker ● May 12, 2023

Novidea - a company that is known as the creator of a born-in-the-cloud and data-driven platform optimizing the entire insurance policy and distribution lifecycle - announced that it has raised $50 million in Series C funding.

Healthy.io: $50 Million Raised To Turn Smartphones Into Clinical-Grade Devices

By Noah Long ● May 10, 2023

Healthy.io - a global leader in transforming the smartphone camera into a clinical-grade device - announced that it completed a $50 million investment. This Series D funding round was led by Schusterman Family Investments and is joined by Aleph and other existing shareholders.

Sourcepass: $65 Million Raised And Proxios Acquisition

By Annie Baker ● May 9, 2023

Sourcepass - an industry-leading IT Services and Cybersecurity provider - recently announced an additional $65 million in funding, bringing their total funding to $135 million. This investment will be used to advance their groundbreaking strategic initiatives. Sourcepass also announced the successful acquisition of Proxios

Horizon Capital: Over $250 Million In Commitments Raised With A Focus On Ukraine

By Annie Baker ● May 9, 2023

Horizon Capital Growth Fund IV (HCGF IV) announced recently that it exceeded a target size, doubling commitments to $254 million and becoming the 1st fund in Central and Eastern Europe (CEE) to be awarded 2X Flagship Fund status, 1 of circa 10 funds globally who have achieved this distinction, and 1 of only 2 such funds who are women-founded and women-led. This fund will provide growth capital to back visionary entrepreneurs in Ukraine and Moldova. HCGF IV is being managed by Horizon Capital, a U.S. private-equity firm investing in fast-growing tech and export-oriented companies in Ukraine and the near region, and led by Founding Partner and CEO Lenna Koszarny.

Vera Equity: $20 Million In Commitments Raised

By Amit Chowdhry ● May 9, 2023

Vera Equity - a venture capital firm supporting early-stage companies through its unique access to talent - announced it has raised a $20 million fund and invested in 20 innovative fintech startups to date. The firm was co-founded by Michael Vaughan, former COO at Venmo; Jonathan Pomeranz, True Search partner and co-head of the Financial Services Practice; and True co-CEOs Joe Riggione and Brad Stadler.

UC Davis Health Researchers Receives AHA Grant As Part Of $13 Million Initiative

By Amit Chowdhry ● May 9, 2023

UC Davis Health researchers have received an American Heart Association grant to study chronic stress and cardiovascular disease in underserved communities. And a team of UC Davis Health scientists is establishing a new research center to study the impact of stress from everyday life on heart health in underserved communities.

Firmbase: Financial Planning And Analysis Company Secures $12 Million

By Dan Anderson ● May 9, 2023

Firmbase announced it has emerged from stealth and announced $12 million in funding for its Financial Planning and Analysis (FP&A) platform. This funding round was led by S Capital with participation from Meron Capital and a group of unicorn startup founders and angel investors.

University Of Southern California Announces Over $1 Billion Initiative For Computing Research

By Amit Chowdhry ● May 9, 2023

USC President Carol Folt recently announced a $1 billion-plus initiative for computing research and education across disciplines with a focus on AI, machine learning and data science, augmented and virtual reality, robotics, gaming, and blockchain.

Scale VC Closes Fund II With $5 Million In Commitments

By Amit Chowdhry ● May 9, 2023

Scale VC - a Missouri-based venture capital fund and studio investing monetary and social capital in early-stage tech founders - announced it is expanding its support with a $5 million Fund II, the largest venture capital fund raised in the city to date.

Convergent Therapeutics: $90 Million Raised For Advancing Development Of Radiopharmaceuticals To Treat Prostate Cancer And Other Solid Tumors

By Noah Long ● May 9, 2023

Convergent Therapeutics - a clinical-stage biotechnology company focused on the development of next-generation radiopharmaceuticals for the treatment of cancer - announced the completion of a $90 million Series A financing, led by OrbiMed and RA Capital Management with participation from Invus.