Venture Capital

Fairfield University To Host StartUp Showcase On April 18

By Amit Chowdhry ● Apr 12, 2023

The Charles F. Dolan School of Business at Fairfield University announced it will be hosting the annual StartUp Showcase, which is a celebration of student entrepreneurship and innovation, on Tuesday, April 18, 2023.

Germany-Based Financial Assistance Company Finanzguru Raises €13 Million

By Annie Baker ● Apr 12, 2023

Finanzguru - a Frankfurt-based fintech company Finanzguru, which is Germany's leading open-banking enabled financial advisor - announced that it has raised €13 million.

Observability Platform Company Honeycomb Secures $50 Million In Series D

By Amit Chowdhry ● Apr 12, 2023

Honeycomb - a leading observability platform used by high-performing engineering teams for investigating the behavior of cloud applications - announced it has raised $50 million in Series D funding.

Digital Identity Company Network ID.me Raises $132 Million

By Amit Chowdhry ● Apr 12, 2023

ID.me - an identity company with over 100 million members that empowers consumers to easily access online services and benefits while controlling their personal data - also announced that it raised $132 million in Series D funding.

Auto Repair Shop Management Software Company AutoLeap Secures $30 Million

By Annie Baker ● Apr 12, 2023

AutoLeap - an all-in-one auto repair shop management software company - announced it has raised $30 million in Series B financing led by Advance Venture Partners.

SentiAR Secures $8.5 Million To Develop AR For Medical Procedures

By Noah Long ● Apr 12, 2023

SentiAR - a St. Louis, Missouri-based pioneer in using Augmented Reality (AR) visualization technology for medical procedures - announced it has closed an $8.5 million Series B financing round.

Renewable Energy Technology Company Emrgy Raises $18 Million

By Noah Long ● Apr 12, 2023

Emrgy - a woman-led renewable energy technology and project developer - announced it has raised $18.4 million in a Series A funding round led by Oval Park Capital.

Financial Infrastructure Company Brassica Raises $8 Million In Funding

By Noah Long ● Apr 12, 2023

Brassica Technologies - a newly-launched financial infrastructure technology company developing enterprise solutions for the new era of alternative assets - announced the closing of its $8 million seed round.

AI-Based Robotics Company Carbon Robotics Secures $30 Million

By Dan Anderson ● Apr 12, 2023

AI-based robotics company Carbon Robotics announced it closed $30 million in Series C financing from new lead investor Sozo Ventures.

Renew Raises Over $8 Million To Optimize The Resident Renewal Process

By Amit Chowdhry ● Apr 12, 2023

Renew - a rapidly growing solution that automates and optimizes the entire resident renewal process to drive net operating income (NOI) - announced its official launch and secured over $8 million.

On-Demand Delivery And Logistics Company FRAYT Raises $7 Million

By Amit Chowdhry ● Apr 12, 2023

FRAYT - a last-mile on-demand delivery and logistics platform - announced that it has closed $7 million in Series A funding led by Refinery Ventures.

Modern Leasing Platform Company VERO Raises $9 Million

By Annie Baker ● Apr 12, 2023

VERO - a modern leasing platform for owners and renters - announced its most recent funding round led by Fifth Wall.

Virtual Specialty Care Company Oshi Health Secures $30 Million

By Dan Anderson ● Apr 12, 2023

Oshi Health - a virtual specialty care company transforming gastrointestinal (GI) health outcomes and economics - announced that it has raised $30 million in Series B funding.

Niowave To Invest $20 Million In Lansing, Michigan Area

By Amit Chowdhry ● Apr 12, 2023

Niowave, a global producer of medical isotopes, plans to expand in the city of Lansing, driving $20 million of investment and creating 35 jobs in the life sciences and tech industry.

Techstars Detroit Reveals J.P. Morgan Spring Class 2023

By Amit Chowdhry ● Apr 11, 2023

Techstars Detroit Powered by J.P. Morgan has announced the Spring Class of 2023. These early-stage companies are addressing challenges in categories like AI, Fintech, Beauty, PropTech, HealthTech, and the Future of Work.

Locus Fermentation Solutions Secures $117 Million To Develop Chemical Alternatives

By Dan Anderson ● Apr 11, 2023

Locus Fermentation Solutions (Locus FS) - a green tech company that produces biological alternatives to chemicals for advancing decarbonization goals - announced it has secured $117 million in IP-insurance-backed debt financing.

Precision Heart Care Company HeartFlow Raises $215 Million

By Amit Chowdhry ● Apr 11, 2023

HeartFlow - a leader in precision heart care - announced it has closed $215 million in Series F funding led by Bain Capital Life Sciences.

Lending Platform Company Prism Raises $26 Million

By Annie Baker ● Apr 11, 2023

Prism - a first-of-its-kind lending platform designed for startup tech companies and employees - announced the launch of its origination services following a combined Seed and Series A fundraising of $26 million led by Pantera Capital and Human Capital.

Earned (Forme Financial) Secures $18 Million To Redefine Wealth Management

By Annie Baker ● Apr 11, 2023

Forme Financial announced that it has launched out of beta under the name Earned and it also announced a $12 million Series A funding round led by Hudson Structured Capital Management and Breyer Capital.

Distributed Computing Company Agnostiq Raises $6.1 Million

By Noah Long ● Apr 11, 2023

Agnostiq - a Toronto-based distributed computing startup - announced it has secured $6.1 million in seed extension funding.

CND Life Sciences Raises $12.5 Million To Develop Skin-Based Tests For Diagnosing Neurodegenerative Disorders

By Annie Baker ● Apr 11, 2023

CND Life Sciences announced the closing of a $4.5 million Series Seed 3 equity financing round.

Market Intelligence Platform Native AI Secures $3.5 MIllion

By Noah Long ● Apr 11, 2023

Native AI - an always-on market intelligence platform - announced it has raised $3.5 million in seed funding to enable brands to measurably improve products, customer experience, marketing, and revenue.

Education Intelligence Company Innovare Raises $2 Million

By Noah Long ● Apr 11, 2023

Chicago-based EdTech company Innovare announced that it has raised $2 million in additional seed funding.

Care Management Platform Company MedArrive Secures $8 Million

By Dan Anderson ● Apr 11, 2023

MedArrive - a mobile-integrated care management platform company - announced $8 million in new funding led by Cobalt Ventures.

S2G Ventures Announces $300 Million Special Opportunities Fund

By Amit Chowdhry ● Apr 11, 2023

S2G Ventures - a leading multi-stage investment firm focused on the food, agriculture, ocean, and clean energy markets - announced the launch of a $300 million Special Opportunities fund.

Kensington Capital Partners Raises Over $150 Million For Fund III

By Amit Chowdhry ● Apr 11, 2023

Kensington Capital Partners announced that it has raised over $150 million in the first close of Kensington Venture Fund III (KVFIII) towards an ultimate fund size of $290 million.

Northrim Horizon Announces $153 Million Oversubscribed Fund II

By Amit Chowdhry ● Apr 11, 2023

Northrim Horizon L.P. announced that it has successfully closed Northrim Horizon Fund II, L.P. with $153 million of committed capital.

Kite Raises $200 Million To Scale High-Potential Brands

By Amit Chowdhry ● Apr 11, 2023

Kite - a next-generation commerce company specializing in scaling high-potential brands - announced that it has closed on a commitment of $200 million in equity.

Biotech Company Adcendo Announces Series A Extension At €82 Million

By Annie Baker ● Apr 11, 2023

Adcendo ApS - a biotech company focused on the development of breakthrough antibody-drug conjugates (ADCs) for the treatment of cancers with a high unmet medical need - announced the successful completion of a Series A extension financing, raising a further €31 million, following the €51 million Series A financing in April 2021.

Cure Ventures Announces Closing Of Inaugural $350 Million Fund

By Amit Chowdhry ● Apr 11, 2023

Cure Ventures - a life sciences venture capital firm focusing on company formation around curative technologies - announced the closing of its inaugural fund Cure Ventures Fund I, L.P., at its targeted hard-cap of $350 million in capital commitments.