Venture Capital

EJF Capital: Over $100 Million Raised For EJF Ventures Fund

By Annie Baker ● Oct 1, 2023

EJF Capital - a global alternative asset management firm - recently announced the successful closing of EJF Ventures Fund LP with about $104 million in capital commitments. This Fund received support from both new and existing EJF investors.

Mapbox: Navigation Platform Company Raises $280 Million

By Noah Long ● Sep 29, 2023

Mapbox - a location platform powering navigation for Toyota, General Motors, and BMW - recently announced the completion of a $280 million Series E funding round led by SoftBank Group and its affiliate to drive investments into AI location services and further broaden its footprint in the automotive industry.

MotherDuck: Serverless Data Analytics Platform Company Raises $52.5 Million At $400 Million Valuation

By Amit Chowdhry ● Sep 29, 2023

MotherDuck - a builder of a serverless, easy-to-use data analytics platform based on the open-source database DuckDB - recently announced a $52.5 million round of funding. These are the details.

qbiq: AI-Based Real Estate Space Planning Company Raises $10 Million

By Annie Baker ● Sep 29, 2023

qbiq - a generative AI and visualization platform for real estate space planning - recently announced that it has raised $10 million in seed funding from strategic investors, including JLL Spark Global Ventures as well as 10D, Ocean Azul, Randomforest and M-FUND, to use generative AI to unlock the potential of any space and accelerate decision making.

Vero Technologies: Wholesale Financing And Loan Servicing Platform Company Secures $8.5 Million

By Annie Baker ● Sep 29, 2023

Vero Technologies - a wholesale financing technology and loan servicing platform - recently announced the closing of its $8.5 million Series A funding round.

Legit Security: Application Security Posture Management Platform Raises $40 Million

By Dan Anderson ● Sep 29, 2023

Legit Security - a cyber security company with an enterprise Application Security Posture Management (ASPM) platform that enables secure application delivery from code to cloud and protects an organization's software supply chain from attack - recently announced that it has successfully closed a $40 million venture capital round investment led by CRV with participation from existing investors Cyberstarts, Bessemer Venture Partners, and TCV.

Yotta Energy: Smart Solar Storage Solution Company Closes $8 Million

By Annie Baker ● Sep 29, 2023

Yotta Energy - a leading provider of innovative solar+storage solutions - recently announced it raised an $8 million funding round led by Evergy Ventures and with participation from strategic investors BlueScope and Cricetus Felix Ventures, and existing investors Copec WIND Ventures, EDP Ventures, Doral Tech Ventures, and the SWAN Impact Fund.

Vivante Health: Digital Digestive Platform Company Closes $31 Million In Funding

By Noah Long ● Sep 29, 2023

Vivante Health - a leader in digital digestive health - recently announced the closing of $31 million in Series B funding led by new investor Mercato Partners.

Transfr: Virtual Reality-Based Skills Training Company Raises $40 Million

By Dan Anderson ● Sep 29, 2023

Transfr - an emerging leader in virtual reality-based skills training for middle-skilled careers - recently announced a $40 million investment today.

Afterparty: $5 Million Secured To Help Creators With Fan Connections And Monetization

By Dan Anderson ● Sep 29, 2023

Afterparty - a platform empowering thousands of creators with the tools and technology for personal fan connections and monetization - recently announced that it has secured $5 million in funding.

Kyros: Substance Use Disorder Recovery Services Company Closes $10.5 Million

By Amit Chowdhry ● Sep 29, 2023

Kyros - a Minnesota-based technology platform providing Substance Use Disorder (SUD) recovery services - recently announced that it has raised an additional $10.5 million in funding to expand access to life-saving services. Existing investor Rally Ventures led the round.

Aspinity: Near-Zero Power AI Solutions Company Secures $5 Million

By Annie Baker ● Sep 29, 2023

Aspinity - a leader in near-zero power AI solutions - recently announced that it had closed $5 million in Series B funding from current investors Anzu Partners, Birchmere Ventures, Mountain State Capital and Riverfront Ventures.

Cato Networks: Single-Vendor SASE Platform Company Closes $238 Million

By Amit Chowdhry ● Sep 28, 2023

Cato Networks - a provider of the world’s leading single-vendor SASE platform - recently announced it raised $238 million in equity investment, bringing total funding to $773 million.

age1 Closes $35 Million To Invest In Longevity Biotech Companies

By Amit Chowdhry ● Sep 28, 2023

age1 - a VC firm catalyzing the next generation of founder-led longevity biotech companies - recently launched to build a community of visionaries advancing new therapeutics, tools, and technologies targeting aging and age-related disease. And age1’s specialized team has an industry-leading track record and unwavering commitment to the field, having pioneered the first longevity-focused venture capital fund in 2011 (five years ahead of any other fund of its type) and since backed multiple IPOs and acquisitions.

ReCode Therapeutics: $50 Million Raised To Power The Next Wave Of mRNA And Gene Correction

By Dan Anderson ● Sep 28, 2023

ReCode Therapeutics - a clinical-stage genetic medicines company using precision delivery to power the next wave of mRNA and gene correction therapeutics - recently announced the closing of an extension to its Series B financing, raising an additional $50 million and the appointment of Kouki Harasaki, Ph.D., founding and managing partner of Bioluminescence Ventures (BLV), to the company’s board of directors.

Mural Health: Clinical Trial Participant Management Platform Company Secures $8 Million

By Noah Long ● Sep 28, 2023

Mural Health Technologies - a next-generation clinical trial participant management platform - recently announced that it has raised $8 million in seed funding, led by Bessemer Venture Partners, with participation from Virtue VC, Operator Partners, Arkitect Ventures, Correlation Ventures, and Project Mayhem Ventures.

Briya: Healthcare Data Exchange Platform Raises $11.5 Million In Funding

By Noah Long ● Sep 28, 2023

Briya - an end-to-end healthcare data exchange platform - recently announced the completion of an $11.5 million Series A round of financing, bringing the company’s total funding to $17 million. Team8 led this funding round, and it includes existing investors Insight Partners and Amiti Ventures and is joined by the George Kaiser Family Foundation.

VerImmune: Over $3 Million Closed For The Development Of Novel Virus-Inspired Particle Platform

By Dan Anderson ● Sep 28, 2023

VerImmune - an early-stage biotechnology company specializing in developing innovative products based on a novel Virus-inspired Particle (ViP) technology platform - recently announced securing an additional $3.125 million from follow-on seed financing and a partnership milestone payment.

DataBlend: iPaaS Provider Company Raises Seed Funding Round

By Annie Baker ● Sep 28, 2023

DataBlend - a leading finance-focused Integration Platform-as-a-Service (iPaaS) provider - recently announced that it raised seed funding led by FreshTracks Capital and The Dudley Fund. And DataBlend founder Ethan Carlson noted that investors from Vermont joined the company's mission to provide secure and stress-free data integrations for finance and accounting professionals. And as a native of Vermont, Carlson finds it exciting to see the local investment community supporting his company's vision.

HealNow: $5.5 Million Secured To Bring Modern Solutions To Pharmacies And Their Patients

By Noah Long ● Sep 28, 2023

HealNow recently announced a $5.5 million seed round led by Bonfire Ventures. And additional investors participating in the round include Walkabout Ventures, Remarkable Ventures, Alabama Futures Fund, Impulsum Ventures and a number of prominent fintech and healthcare investors.

Harbinger Motors: Commercial Electric Vehicle Company Secures $60 Million

By Annie Baker ● Sep 28, 2023

Harbinger Motors - a Southern California-based automotive manufacturer - recently announced it has secured $60 million in Series A funding from a diverse consortium of investors led by Ridgeline and THOR Industries. Along with Greycroft, Harbinger is also excited to welcome new investors Riverstone Holdings, Acequia Capital, and Squarepoint Capital as contributors to Harbinger's Series A through deeply-rooted energy, sustainability, transport, and infrastructure-focused investment funds. And each of these investors shares a commitment to sustainability through mobility transformation.

Bessemer Venture Partners Expanding Growth Stage Team Across Europe

By Amit Chowdhry ● Sep 28, 2023

Bessemer Venture Partners works with audacious founders at every stage of the entrepreneurial journey and the firm invests all over the world, wherever great founders are building.

Correcto: Spanish Grammar Writing Tool Company Raises $7 Million

By Amit Chowdhry ● Sep 28, 2023

Correcto - the first and only real-time AI-based writing tool for Spanish - is providing a way to help Spanish speakers communicate in writing with confidence: correcting spelling, grammar, and usage including explanations of why something should be fixed. And the company also announced its $7 million seed funding.

Luge Capital: CA$71 Million First Close Of Second Fund Completed

By Amit Chowdhry ● Sep 28, 2023

Luge Capital recently announced that it has raised CA$71 million in the first close of its second fund, Luge Capital Fund II, towards an ultimate fund size of $100 million. And the LPs in Fund II include returning investors CDPQ, Desjardins, BDC Capital, Sun Life, Industrial Alliance Financial Group (iA), Fonds de solidarité FTQ, and new investor Inovia Discovery Fund I.

BioLoomics: $8.7 Million Raised To Drive Directed Evolution Of Target Degrading Antibodies Using Human Cells

By Noah Long ● Sep 28, 2023

BioLoomics, the company pioneering the directed evolution of target degrading antibodies using human cells, recently announced it has raised $8.7 million in seed financing to advance its proprietary platform technology and antibody degrader programs. The round was led by Innovation Endeavors, with participation from Horizons Ventures, TechU Ventures, Boom Capital Ventures, Hummingbird Nomads Fund, Cooley GC&H, BoxOne Ventures and Viswa Colluru (Enveda founder).

Yurts: Enterprise-Ready Generative AI Platform Company Secures $16 Million

By Annie Baker ● Sep 27, 2023

Yurts - an enterprise-ready Generative AI platform - recently announced a $16 million Series A to support its acceleration into the market. This oversubscribed funding round was led by Nava Ventures, with additional investments from XYZ Ventures, Bloomberg Beta, Mango Capital, and Essence VC.

Virtual Incision: Miniaturized Robotic-Assisted Surgery System Company Closes $30 Million

By Annie Baker ● Sep 27, 2023

Virtual Incision - the developer of the world’s first miniaturized robotic-assisted surgery (RAS) system - recently announced a $30 million extension to its previous $46 million Series C financing. This funding round was led by current investors Bluestem Capital, Endeavour Vision, Baird Capital, cultivate(MD) Capital Funds, PrairieGold Venture Partners, and new health-tech investors Arboretum Ventures and InVivium Capital.

Tabular: Data Platform Company Receives $26 Million In Funding

By Dan Anderson ● Sep 27, 2023

Tabular - the provider of the only independent data platform based on Apache Iceberg- recently announced it has closed a $26M funding round, bringing the total investment in the company to $37 million. This funding round was led by Altimeter Capital, with participation from Andreessen Horowitz, who led the previous funding round, and Zetta Venture Partners.

Giftpack: Global Corporate Gifting Company Completes Seed Round, Bringing Total Raised To $4.3 Million

By Amit Chowdhry ● Sep 27, 2023

Giftpack AI - a leading AI-powered corporate gifting platform - recently announced the completion of a seed round led by Chang Hai Lin, bringing the total raised to $4.3 million.

Cognota: LearnOps Platform Closes $5.5 Million In Funding

By Amit Chowdhry ● Sep 27, 2023

Cognota - a LearnOps platform that facilitates corporate learning and development teams to manage end-to-end operations and measure ROI - announced today the closing of $5.5 million USD in Series A funding.