Venture Capital

Cequence Security Receives Strategic Investment From Hewlett Packard Pathfinder

By Annie Baker ● Apr 27, 2023

Cequence Security – a leading provider of Unified API Protection (UAP) - announced Hewlett Packard Pathfinder, the venture capital program of Hewlett Packard Enterprise (HPE), has made a strategic investment in the company.

Halcyon: Cyber Resilience Platform Company Raises $50 Million

By Noah Long ● Apr 26, 2023

Cyber resilience platform company Halcyon announced that it has raised a $50 million Series A funding round led by SYN Ventures with additional investment from Dell Technologies Capital, Corner Ventures, and other strategic investors. And this funding round will accelerate the development and adoption of the Halcyon cyber resilience platform, the first of its kind designed from day one to defeat ransomware and extortion campaigns.

VoltServer: $17.5 Million Raised For New Electricity Distribution Format

By Noah Long ● Apr 26, 2023

VoltServer - the inventor of a new distribution format for electricity - announced that it has raised a $17.5 million Series B funding, led by Marker Hill Capital and Constellation Technology Ventures, followed by the Southwire Company, RightHill Ventures, and Clean Energy Venture Group. This brings the company's total funding to $40 million.

BitGet Partners With Core DAO For $200 Million Ecosystem Fund

By Dan Anderson ● Apr 26, 2023

Bitget – a top crypto derivatives and copy trading platform – has entered into a partnership with Core DAO, an organization dedicated to developing the Satoshi Plus ecosystem. This collaboration will entail a $200 million ecosystem fund focusing on the support of decentralized applications (DApps) built on Core Network Layer-1 blockchain.

Weaviate: AI Native Vector Database Technology Company Raises $50 Million

By Dan Anderson ● Apr 25, 2023

Weaviate.io - a developer of the AI-native Weaviate vector database - announced a $50 million round of funding led by Index Ventures with participation from Battery Ventures. Weaviate's existing investors including NEA, Cortical Ventures, Zetta Venture Partners, and ING Ventures also joined this round.

Abdera Therapeutics: $142 Million Raised For Developing Cancer Precision Radiopharmaceuticals

By Noah Long ● Apr 25, 2023

Yellow Banana: Retail Grocery Platform Raises $26.5 Million

By Dan Anderson ● Apr 25, 2023

Yellow Banana - an owner and operator of eight Save A Lot locations in the Chicagoland area - announced the March 31, 2023 closing of a $26.5 million investment into grocery stores on the South and West Sides of Chicago. This funding round marks the next step in Yellow Banana’s ongoing commitment to underserved communities throughout the City of Chicago and the U.S.

Cure: Premium Hydration Company Secures $5.6 Million

By Annie Baker ● Apr 24, 2023

Cure – a functional hydration brand - announced $5.6 million in Series A funding and retail expansion to 15,000 stores nationwide, further cementing the brand as a key player in the $10 billion functional drink mix market. This funding round was led by Lerer Hippeau with additional participation from new and existing investors including Valedor Partners, Simple Food Ventures, Great Oaks Venture Capital, Joyance Partners, Silas Capital, Kim Clijsters, and others.

Rally: Composable Checkout Platform Company Raises $12 Million

By Dan Anderson ● Apr 24, 2023

Rally – a leading composable checkout platform for ecommerce merchants - announced a $12 million Series A investment led by March Capital with additional participation from Felix Capital, Commerce Ventures, Afore Capital, Alumni Ventures, and Kraken Ventures. This investment follows Rally’s $6 million seed funding round in 2021.

Martini.ai: $6 Million Raised To Reimagine Corporate Debt

By Dan Anderson ● Apr 24, 2023

Martini.ai – a company that is redefining the corporate credit market for private companies through the power of AI - announced that it has raised $6 million in seed funding to reimagine how $10 trillion in corporate credit is evaluated and monitored. This funding round was led by Neotribe with participation from Rocketship.vc.

Define Ventures: $460 Million In Committed Capital Closed Across 2 New Funds

By Amit Chowdhry ● Apr 24, 2023

Define Ventures - a leading Silicon Valley venture capital firm that focuses exclusively on early-stage digital-health startups - announced the closing of Fund III and Opportunities Fund that together a total $460 million to fuel innovation in healthcare. And investing in incubation, seed, series A, and series B stage startups, Define Ventures' newest fundraise pushes its total assets under management to approximately $800 million and makes it one of the largest early-stage venture firms focused on investing in digital health.

Evergrow: Over $150 Million In Clean Energy Projects And $7 Million Funding

By Noah Long ● Apr 24, 2023

Evergrow – an all-in-one platform for clean energy tax credits - announced the raise of a $7 million second round of financing. This funding round was led by existing investors, including First Round Capital, XYZ Venture Capital, Congruent Ventures, and Garuda Ventures. This funding round brought Evergrow's total funding round to $14 million following a $7 million seed round that closed in late 2021.

Miovision: Intelligent Transportation Solutions Company Raises $260 Million

By Amit Chowdhry ● Apr 24, 2023

Miovision - a leading provider of intelligent transportation solutions that enable cities to reduce traffic congestion and vehicle emissions while improving public safety - announced it has raised $260 million in growth funding in a round co-led by TELUS Ventures, Maverix Private Equity and Export Development Canada (EDC).

Odeko: Coffee Operations Platform Company Raises $53 Million

By Amit Chowdhry ● Apr 24, 2023

Odeko – an all-in-one operations partner for independent coffee shops, cafés, and other shops- announced that it has raised $53 million in Series D financing

Ditto: Distributed Data Platform Company Secures $45 Million

By Amit Chowdhry ● Apr 24, 2023

Ditto - a creator of a distributed data platform that enables apps to synchronize data in real-time even without internet connectivity - announced that it has closed $45 million in a Series A funding round led by Acrew Capital.

Memora Health: Intelligent Care Enablement Platform Company Raises $30 Million

By Dan Anderson ● Apr 24, 2023

Memora Health - a leading intelligent care enablement platform - announced a strategic investment of $30 million led by General Catalyst with participation from Northwell Holdings (the venture investment arm of Northwell Health), NorthShore – Edward-Elmhurst Health, PagsGroup, and other strategic investors.

Novalith Technologies: Lithium Extraction Company Closes AU$23 Million

By Dan Anderson ● Apr 24, 2023

Novalith Technologies - the creator of a novel lithium extraction process that will unlock vast resources and deliver them without the environmental toll of traditional approaches – announced it has raised AU$23 million in Series A funding.

EdgeQ: 5G Wireless Infrastructure Company Secures $75 Million

By Dan Anderson ● Apr 24, 2023

EdgeQ - a leader in 5G wireless infrastructure - announced a $75 million funding round as well as the appointment of Lattice Semiconductor CEO and President Jim Anderson to the company’s Board of Directors.

Mansa: Streaming Platform For Black Cultural Content Raises $8 Million

By Amit Chowdhry ● Apr 24, 2023

Mansa - the streaming platform for curated global Black cultural content - announced it raised $8 million.

Fractal: On-Chain Finance Company Secures $6 Million

By Annie Baker ● Apr 24, 2023

Fractal - an infrastructure provider enabling institutions to clear, settle, and margin digital asset trades on-chain - announced it has secured $6 million in financing led by Hack VC.

Lexion: Contract Management And Operations Workflow Company Raises $20 Million

By Amit Chowdhry ● Apr 24, 2023

Lexion – an AI-powered contract management and operations workflow platform - announced a $20 million Series B funding round led by Point72 Ventures.

Gather Health: Primary Care Solution For Older Adults Raises $15 Million

By Noah Long ● Apr 24, 2023

Gather Health - a high-impact, socially-focused primary care solution for older adults – announced it has opened its first primary care practice in Quincy, MA after raising over $15 million in Series A funding from investors including Khosla Ventures, Maverick Ventures, Commonwealth Care Alliance, etc.

Kindred: Members-Only Home Swapping Company Raises $15 Million

By Annie Baker ● Apr 24, 2023

Kindred – a members-only home swapping network - announced the successful completion of its Series A funding round at $15 million.

Gilde Healthcare: €600 Million Investment Fund Announced

By Amit Chowdhry ● Apr 24, 2023

Gilde Healthcare recently announced a new investment fund with €600 million in commitments: Gilde Healthcare Venture&Growth VI. This new fund focuses on fast-growing companies developing solutions for better care at a lower cost.

Dasera: Data Security Platform Company Raises $12 Million

By Dan Anderson ● Apr 24, 2023

Dasera – a premier data security platform specializing in automated data security and governance solutions for top-tier finance, healthcare, and technology enterprises - announced that it has successfully raised $12 million in Series A funding led by Storm Ventures.

Safe Security: Cyber Risk Management Company Raises $50 Million

By Noah Long ● Apr 24, 2023

Safe Security – a leader in AI-based cyber risk management SaaS platforms - announced the closing of a $50 million Series B round led by Sorenson Capital with participation from Eight Roads (the venture capital arm of Fidelity Investments), Telstra Ventures, WTI, and all existing investors. This funding round brings the company's total funding to over $100 million.

Braemont Capital: $525 Million In Committed Capital Closed

By Amit Chowdhry ● Apr 24, 2023

Braemont Capital - a relationship-driven investment firm that partners with founders, families, and ownership-minded management teams to invest in exceptional companies at growth inflection points - announced that it closed Braemont Partners I with about $525 million in total capital commitments.

CropX: Digital Agronomic Farm Management Company Secures $30 Million

By Amit Chowdhry ● Apr 24, 2023

CropX Technologies - a leader in digital agronomic farm management - announced the completion of a Series C financing round with $30 million in funding. This funding round was led by Aliaxis SA, a world leader enabling access to water and energy through inventive fluid management solutions. Additional investors in the round include Edaphon, Finistere Ventures, NTT Finance Corporation, OurCrowd, Reinke Irrigation, Yair Shamir, and Victrix.

Optable: $20 Million Raised For Addressing Audience Data Changes In The Ad Industry

By Annie Baker ● Apr 24, 2023

Optable - a Software-as-a-Service (SaaS) data collaboration platform and clean room solution designed for the ad ecosystem - announced that it has raised $20 million in Series A financing from a syndicate of investors which includes Hearst Ventures, Brightspark Ventures, Desjardins Capital, Deloitte Ventures, asterX, and others.

Cortica: $75 Million Raised And Springtide Child Development Acquisition

By Annie Baker ● Apr 23, 2023

Cortica – a leading physician-led autism services company that treats the whole child and helps children with developmental differences thrive – announced it has closed a $75 million funding round and they have acquired Springtide Child Development.