Venture Capital

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.

Aurum Equity Partners: $250 Million Launch For Global PE Fund

By Amit Chowdhry ● May 21, 2023

Aurum Equity Partners - a leading investor in fast-growing digital infrastructure real estate data center assets - announced the launch of a $250 million global private equity fund plan to close the first quarter of 2024.

Golioth: Industrial Internet Of Things Developer Platform Company Secures $4.6 Million

By Dan Anderson ● May 21, 2023

Golioth - a leading developer platform for the Industrial Internet of Things (IIoT) - recently announced open access to a library of new reference designs for embedded engineers to accelerate their time to market, the launch of a Select Partner Program for energy and construction developers, and a $4.6 million round of seed funding led by Blackhorn Ventures and Differential Ventures with participation from existing investors, Zetta Venture Partners, MongoDB Ventures and Lorimer Ventures.

bolttech: $196 Million And $1.6 Billion Valuation

By Amit Chowdhry ● May 21, 2023

bolttech announced it raised US$196 million in connection with Series B with an up-round valuation of US$1.6 billion.

Lagrange Labs: $4 Million Raised For Zero-Knowledge Cross-Chain Interoperability

By Amit Chowdhry ● May 21, 2023

Lagrange Labs - a zero-knowledge startup driving cross-chain interoperability - announced it raised $4 million in a pre-seed round led by 1kx and joined by Maven11, Lattice Fund, CMT Digital, Daedalus Angels, and several more.

PermitFlow: $5.5 Million Raised For Streamlining Permit Applications For Builders

By Annie Baker ● May 19, 2023

PermitFlow - a construction permit application and management software for builders and owners - announced it has raised a $5.5 million seed round led by Initialized Capital

Bloomfilter: Process Intelligence Platform Company Secures $7 Million

By Noah Long ● May 19, 2023

Bloomfilter - a process intelligence platform for software development - recently announced the closing of a $7 million seed round of capital. This funding round included $5.5 million of equity financing led by Magarac Venture Partners (MVP) with participation from Sequoia, HPA, North Coast Ventures, Techstars, and others along with $1.5 million of venture debt from Pacific Western Bank.

Solarea Bio: $15 Million Raised For Developing Food-Derived Microbial-Based Solutions

By Annie Baker ● May 18, 2023

Solarea Bio - a clinical-stage biotechnology company based in Cambridge, Mass. developing food-derived microbial-based solutions to aid human health - announced recently a first closing of $15 million in a Series B financing led by S2G Ventures with the continued participation of Bold Capital Partners, Viking Global Investors, and GG 1978 SICAF SIF. There is a total of up to $25 million targeted for this round of financing.

Smart: Global Retirement Fintech Company Raises $95 Million

By Amit Chowdhry ● May 18, 2023

Smart - a global retirement FinTech company that entered the US in 2020 - recently announced it has closed its $95 million Series E funding round, which was led by Aquiline Capital Partners LLC. Existing investors participating in the round included Chrysalis Investments, Fidelity International Strategic Ventures, DWS, Barclays and Natixis Investment Managers.

Tangem: $8 Million Raised For Secure Hardware Wallet Solutions

By Dan Anderson ● May 17, 2023

Tangem AG - a leading provider of secure hardware wallet solutions - announced a new funding round. This funding round closed at $8 million and was led by Web3 venture capital firm Shima Capital with contributions from additional investors.

Makeswift: $3 Million Secured To Empower Marketers To Build Enterprise Websites

By Annie Baker ● May 17, 2023

Makeswift - a visual builder platform for Next.js websites - announced it has raised $3 million to empower marketers to build and manage powerful websites without engineering intervention. This funding round was led by Active Capital with participation from several other investors including Uncommon Capital and Silicon Road Ventures.

Gigs: $2.7 Million To Connect Companies To Job Seekers Looking For Hourly Neighborhood Work

By Noah Long ● May 17, 2023

Gigs - the job platform that connects companies to job seekers looking for hourly jobs in their neighborhood - recently announced the official launch of its employer portal to help retailers, food and beverage, logistics, and hospitality companies with their full-time and part-time hiring needs. The launch news comes jointly with the company announcing $2.7 million in a pre-seed funding round led by Slauson & Co with additional investment from Wonder Ventures and several angel investors.

Noble Capital To Raise $80 Million Across Four New Funds

By Amit Chowdhry ● May 17, 2023

Noble Capital - an Austin-based private equity firm - recently announced the launching of 4 new private equity funds to assist late-stage founders of small to medium businesses in Texas.

BrokerTech Ventures: $34 Million BrokerTech Fund Launches

By Noah Long ● May 17, 2023

BrokerTech Ventures (BTV) - the industry's first broker-led convening platform and accelerator program - announced it has partnered with leading insurtech venture capital investor ManchesterStory Group to launch the BrokerTech Fund, LP, the first venture capital fund focused on early-stage insurtech companies developing broker-centric technology solutions.

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.

Venture Capital

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

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

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

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

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

Moonfare: Core Portfolio II Closed At Over €100 Million

Huntress: Managed Security Platform Company Raises $60 Million

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

Sensydia: Cardiac Assessment Platform Company Raises $8 Million

SWAPP: Architectural Construction Document Automation Company Secures $11.5 Million

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

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

Optery: $2.7 Million Closed For Scaling Personal Data Removal

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

Aurum Equity Partners: $250 Million Launch For Global PE Fund

Golioth: Industrial Internet Of Things Developer Platform Company Secures $4.6 Million

bolttech: $196 Million And $1.6 Billion Valuation

Lagrange Labs: $4 Million Raised For Zero-Knowledge Cross-Chain Interoperability

PermitFlow: $5.5 Million Raised For Streamlining Permit Applications For Builders

Bloomfilter: Process Intelligence Platform Company Secures $7 Million

Solarea Bio: $15 Million Raised For Developing Food-Derived Microbial-Based Solutions

Smart: ​​Global Retirement Fintech Company Raises $95 Million

Tangem: $8 Million Raised For Secure Hardware Wallet Solutions

Makeswift: $3 Million Secured To Empower Marketers To Build Enterprise Websites

Gigs: $2.7 Million To Connect Companies To Job Seekers Looking For Hourly Neighborhood Work

Noble Capital To Raise $80 Million Across Four New Funds

BrokerTech Ventures: $34 Million BrokerTech Fund Launches

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

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

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

Smart: Global Retirement Fintech Company Raises $95 Million