Venture Capital

Mevo: Brazil-Based Digital Prescription Platform Secures $19 Million (Series B)

By Amit Chowdhry ● Sep 28, 2024

Mevo, a leading digital prescription platform in Brazil, announced it has raised $19 million USD ($110 million BRL) in new venture funding. And Mevo enables patients to easily access their prescriptions and purchase medications through a user-friendly mobile interface. This funding round was led by Matrix, with participation from Jefferson River Capital (former Blackstone President and current Costco chairman, Tony James’ family office).

Dunya Analytics: $1.2 Million (Seed) Raised To Simplify Measurement Of Biodiversity Risks

By Amit Chowdhry ● Sep 28, 2024

Dunya Analytics, a provider of science-based digital tools that simplify the measurement and management of biodiversity risks, announced it has received $1.2 million in seed funding. Synovia Capital led the funding round, which included a highly credentialed group of investors, including KDX and Persei Venture.

Micropep: Micropeptide Crop Protection Company Raises $40 Million (Series B)

By Amit Chowdhry ● Sep 28, 2024

Micropep Technologies, a global leader in micropeptide crop protection technologies, announced it has successfully closed its Series B funding round with an additional $11 million commitment. This funding round, from new investors Corteva (through its Corteva Catalyst platform), Sparkfood SA, and all existing investors brings the total Series B round to $40 million and elevates the company's total funding to over $60 million.

Mendaera: $73 Million (Series B) Raised To Scale Robotics And AI

By Amit Chowdhry ● Sep 28, 2024

Mendaera - a Silicon Valley-based healthcare technology company developing a handheld robotic interventional platform - announced the closing of $73 million in Series B funding led by Threshold Ventures, with participation from investors including Lux Capital, PFM Health Sciences, and Fred Moll (founder of Intuitive Surgical and Auris Health). The funding will further Mendaera’s efforts to scale robotics and AI across mainstream medical procedures.

LiquidStack: $20 Million (Series B Extension) Raised From Tiger Global

By Amit Chowdhry ● Sep 28, 2024

LiquidStack, a global leader in liquid cooling for data centers, announced that it raised a $20 million Series B extension investment from leading investment firm Tiger Global, bringing LiquidStack’s total Series B funding round to $35 million. This full-service liquid cooling provider will use the funds to expand its manufacturing footprint, scale its direct-to-chip and immersion cooling product family roadmaps, and broaden its commercial and R&D operations.

ARCH Venture Partners: $3+ Billion New Fund Raised To Invest In Next-Gen Biotech Companies

By Amit Chowdhry ● Sep 28, 2024

ARCH Venture Partners announced the closing of ARCH Venture Fund XIII, a venture capital fund with over $3 billion to support the founding and growth of early-stage biotechnology companies.

858 Therapeutics: Drug Discovery Company Raises $50 Million (Series B)

By Amit Chowdhry ● Sep 28, 2024

858 Therapeutics announced it raised $50 million in a Series B financing led by Avidity Partners. Participation came from Insight Partners, Mirae Asset Capital, and Alexandria Venture Investments, as well as existing investors Versant Ventures, NEA, and Logos Capital. As part of the funding, Monal Mehta, Ph.D., Managing Director at Avidity Partners, will join the company’s Board of Directors.

SEEN: Haircare Brand Company Secures $9 Million (Series A)

By Amit Chowdhry ● Sep 28, 2024

SEEN, a haircare brand developed by Harvard-trained Dermatologist Dr. Iris Rubin, has closed a $9 million Series A funding. This funding will accelerate SEEN's growth as the premier science-backed, clinically proven beauty brand. The participants include Mitch Rales, Co-Founder of Danaher Corporation; Somerville SPV, led by acclaimed investor Feroz Dewan; Sator Grove Holdings, a permanent capital investor; and George Mrkonic, a Board Director of Ulta Beauty. SEEN also received early funding support from renowned Harvard dermatologists and scientists, including Dr. Rox Anderson at Harvard/Massachusetts General Hospital.

OxeFit: AI-Based Health And Fitness Company Raises $17.5 Million

By Amit Chowdhry ● Sep 28, 2024

OxeFit, a leader in AI-based health and fitness experiences, announced Dave Asprey and Anne Mahlum as investors in the company's latest $17.5 million round of funding, bringing the total to over $70 million.

Genesis Capital: Second Rated Residential Transitional Loan Securitization Closed At $450 Million

By Amit Chowdhry ● Sep 28, 2024

Genesis Capital (a Rithm Capital company), a leading business-purpose lender offering innovative financing solutions to professional real estate developers for new acquisition, renovation, ground-up construction, and long-term rental hold projects across the residential spectrum, today announced it has closed NRMLT 2024-RTL2, a $450 million rated securitization backed by residential transitional loans (RTLs).

Utility Global: Off-Gas-To-Value Company Raises $53 Million (Series C)

By Amit Chowdhry ● Sep 28, 2024

Utility Global, an off-gas-to-value company pioneering its proprietary eXERO gas production technology optimized for hard-to-abate industries, announced that it has raised $53 million of an ongoing Series C funding led by the OPG Pension Plan and joined by multinational steel company ArcelorMittal S.A. through its XCarb Innovation Fund, along with current investors Ara Partners and Aramco Ventures. This funding is part of Utility Global’s current growth equity funding round.

Welltory: $3 Million Credit Facility Closed To Invest In Expansion

By Amit Chowdhry ● Sep 28, 2024

Welltory, a leading all-in-one personalized health and wellness app, announced it has closed a $3 million credit line with Braavo Capital. This funding will enable Welltory to invest deeper into its strategic product and market growth to become the preventative and people-centric care category leader.

General Catalyst Launches Institute To Evolve How VCs Partner With Governments

By Amit Chowdhry ● Sep 28, 2024

General Catalyst announced it has launched General Catalyst Institute, an organization that aims to evolve how VC partners with governments worldwide.

1848 Ventures: Kal Amin Named As Managing Partner

By Amit Chowdhry ● Sep 28, 2024

1848 Ventures, a B2B SaaS venture studio backed by Westfield and focused on empowering SMBs through AI, announced that Kal Amin has joined as Managing Partner. With extensive experience in venture capital and startup operations, Amin will lead 1848 Ventures’ efforts to attract top entrepreneurial talent, accelerate new company launches, and expand the company’s investment approach to drive the growth of small and medium-sized businesses.

Mediwhale: AI-Based Health Diagnostics Company Raises $12 Million (Series A)

By Amit Chowdhry ● Sep 28, 2024

AI-based health diagnostics company Mediwhale announced it raised $12 million in Series A2 funding. This funding utilizes the momentum of their technological advancements and rapid adoption of its innovative biomarker for preventing cardiovascular disease in general hospitals and clinics.

Looma: In-Store Digital Media Company Raises $10 Million

By Amit Chowdhry ● Sep 28, 2024

Looma, a leading provider of in-store digital media, announced that it has raised approximately $10 million from a group of family offices, YETI Capital, and current investors. And Looma will use the funding to expand its platform in new and existing retail partners and extend its product offering.

With: $10 Million (Seed) Raised To Help Local Leaders Optimize Community Engagement

By Amit Chowdhry ● Sep 28, 2024

With, which is an end-to-end platform for all city offerings to its communities, announced it raised $10 million in a seed financing round to help local government leaders and their trusted partners make sure any dollar spent on community engagement does not go to waste. The participants in the funding round include Boaz Amiti, Tal Ventures, Iron Nation, Unicorn Technologies, Ariel Maislos, and Yuval Bar Gil, alongside leading gov-tech industry entrepreneurs Zac Bookman, co-founder and CEO at OpenGov and Eyal Feder, co-founder and CEO at Zencity.

Upfront: Real Estate Finance Platform Secures $2.5 Million

By Amit Chowdhry ● Sep 28, 2024

Real estate finance platform Upfront announced it has raised $1.5 million in equity and $1 million in debt funding to revolutionize broker-agent financing. This funding round, which was led by Diagram Ventures with participation from ROC Venture Group, enables Upfront to officially launch and provide exclusive financial solutions to help brokerages attract, retain, and empower top-performing agents.

Pie: Social App Company Raises $11.5 Million (Series A)

By Amit Chowdhry ● Sep 28, 2024

Pie is a social app that makes it easy for friends to connect in real life. The company recently announced it raised $11.5 million in Series A funding, led by Kirsten Green of Forerunner Ventures, with participation from Origin Ventures, Renegade Partners, Twitter co-founder Ev Williams, and others. With this funding round, the company has raised $24 million.

Imperial Startups Reveal Ideas At London Demo Day 2024

By Amit Chowdhry ● Sep 28, 2024

Five startups from Imperial’s innovation ecosystem showcased their ideas along with peers at London’s leading universities. Around 20 entrepreneurs from Imperial College London, the London School of Economics (LSE), King’s College London, and UCL collaborated at LSE’s campus to pitch their startups to investors at this year’s London Demo Day.

Mews: $100 Million In Financing Raised From Vista Credit Partners

By Amit Chowdhry ● Sep 28, 2024

Industry-leading hospitality cloud Mews announced $100 million in financing from Vista Credit Partners, the subsidiary of Vista Equity Partners and a strategic credit and financing partner focused on the enterprise software, data, and technology markets.

Gladly: Customer Service Innovation Leader Secures $40 Million

By Amit Chowdhry ● Sep 28, 2024

Gladly - a leader in customer service innovation - announced a unified Customer Service Platform, powered by advanced AI. Venture capital firm AVP led a $40 million funding round to drive the company’s growth.

3D Cloud: $20 Million Growth Capital Investment Raised

By Amit Chowdhry ● Sep 28, 2024

3D Cloud (formerly Marxent), the global leader in 3D digital asset management for 3D product visualization, announced a $20 million growth investment led by Arnie Bellini of Bellini Capital. And Bellini, a prominent Tampa Bay tech entrepreneur and board member at 3D Cloud has expanded his support as the company continues to dominate the next generation of online shopping experiences and replace legacy systems.

A. Walker & Company: REOP 1 Fund Receives $50 Million In Commitments

By Amit Chowdhry ● Sep 27, 2024

A. Walker & Co. (AWC), a minority-owned, operated, and institutionally-backed investment manager, announced that its inaugural vehicle, AWC Real Estate Opportunity Partners I, LP (REOP I), has a total capital commitment of up to $75 million. This vehicle has deployed $20.4 million into multiple transactions in California, Illinois, Georgia, Maryland, and Texas. REOP I has 2,450 units acquired or under development, with $352 million valued in underlying assets and development pipeline.

Prepared: $27 Million (Series B) Secured To Transform Emergency Communications

By Amit Chowdhry ● Sep 27, 2024

Prepared, a leading AI platform built to transform emergency communications, announced a series B funding of $27 million led by Andreessen Horowitz, with participation from returning investors First Round Capital and M13. And new investor NewView Capital also participated in the round. This second funding round from a16z, First Round, and M13 brings Prepared’s total investments to $57 million.

CPTx: Biotech Company Raises $29 Million To Develop Antiviral And Biodefense Solutions

By Amit Chowdhry ● Sep 27, 2024

CPTx, an innovative biotech startup committed to pioneering next-generation preventative and therapeutic solutions, announced it has raised $29 million from a diverse group of public and private investors. This funding round was led by Blueyard Capital and SPRIND, with participation from Marius Nacht Group, Andrej Henkler - Leblon Capital, Bayern Kapital, and several industry veterans, including Stefan Oschmann, former CEO of Merck KGaA.

HyperLight: Thin Film Lithium Niobate Provider Secures $37 Million (Series B)

By Amit Chowdhry ● Sep 27, 2024

HyperLight, a leading provider of thin film lithium niobate (TFLN) photonic integrated circuits (PICs), announced a $37 million Series B investment led by Summit Partners. This funding round includes participation from existing investors Xora Innovation, a deep tech venture fund backed by Temasek, and Foothill Ventures. Peter Chung, Managing Director and CEO of Summit Partners will join HyperLight’s Board of Directors.

DoD Awards First Round Of Projects Through Microelectronics Commons At A Total Of Nearly $269 Million

By Amit Chowdhry ● Sep 27, 2024

The White House announced that the DoD - through the Naval Surface Warfare Center, Crane Division, and the National Security Technology Accelerator (NSTXL) - announced it awarded the first round of technical projects through Microelectronics Commons. A total of 33 projects have been awarded across the eight Hubs, such as investments in a cross-hub-led Electronic Design Automation (EDA) solution that offers democratized access to several design tools, including Cadence, Synopsys, Siemens, Keysight, and Ansys tools supported by Nimbus and Microsoft cloud with other tools identified at a project level. This puts the awarded total at nearly $269 million.

VerImmune: $4.5 Million (Pre-Series A) Secured To Develop Virus-Inspired Particle Platform

By Amit Chowdhry ● Sep 27, 2024

VerImmune, a venture-backed biotechnology company developing a Virus-inspired Particle (ViP) platform technology, announced the first closing of $4.5 million in its Pre-Series A funding round. The funding was led by Beiley Biofund, an early-stage venture capital firm focused on cutting-edge technologies that address high unmet medical needs. New investors, including Dr. John Ballantyne, PhD, co-founder and former CSO at Aldevron, participated in the round, alongside returning investors Proxima Ventures, Mana Ventures, Gaingels, and others.

Harmonic: Mathematical Superintelligence Company Raises $75 Million (Series A) At $325 Million Valuation

By Amit Chowdhry ● Sep 27, 2024

Harmonic, an artificial intelligence platform leading the development of Mathematical Superintelligence (MSI), announced a $75 million Series A funding round at a $325 million post-money valuation led by Sequoia Capital, with significant participation by Index Ventures and additional backing from Jasper Lau’s Era Funds, GreatPoint Ventures, DST Global partners, Nikesh Arora, and Jared Leto.