Venture Capital

Quanta: $4.7 Million (Seed) Raised For Next-Generation Accounting Platform

By Amit Chowdhry ● Mar 12, 2025

Quanta, a next-generation accounting company powered by AI, announced the general availability of its platform, featuring a self-serve onboarding process that accomplishes in minutes what typically takes weeks with other solutions. And Quanta also raised $4.7 million in seed funding led by Accel with participation from basecase, Comma Capital, Designer Fund, and Operator Collective, as well as prominent angel investors including Elad Gil.

CIM Group And Novva Data Centers Reveal $2 Billion In New Financing

By Amit Chowdhry ● Mar 12, 2025

CIM Group (a real estate and infrastructure owner, operator, lender and developer) and Novva Data Centers (a data center company providing purpose-built facilities across the Western U.S.) announced that they recently closed a new commitment of $2 billion in financing from J.P. Morgan and Starwood Property Trust to complete the build-out of Novva’s flagship 175MW Salt Lake City data center. Launched in 2019 by CIM Group and Novva’s management team, Novva has moved quickly to bring its vision of purpose-built, sustainable data centers to life amid the soaring demand for capacity driven by increasing adoption of cloud computing and AI.

SpecterOps: $75 Million (Series B) Raised For Adversary-Focused Cybersecurity Solutions

By Amit Chowdhry ● Mar 12, 2025

SpecterOps, a provider of adversary-focused cybersecurity solutions with targeted insights of advanced threat actor tradecraft, announced it has raised a $75 million Series B funding round led by Insight Partners, with participation from additional investors including Ansa Capital, M12, Ballistic Ventures, Decibel and Cisco Investments. This funding will support SpecterOps’ scaling of BloodHound Enterprise (BHE), the industry’s first platform for comprehensively removing Identity-based Attack Paths.

Freed: $30 Million (Series A) Closed For AI-Based Clinician Assistant

By Amit Chowdhry ● Mar 12, 2025

Freed, an AI-based clinician assistant designed to reduce the burdens of medical documentation, announced it has raised $30 million in Series A funding, led by Sequoia Capital with participation from Scale Venture Partners, Daniel Gross, Gokul Rajaram, and Ted Zagat. This brings Freed’s total funding to $34 million as the company solidifies its position as one of the fastest-growing health-tech companies in the U.S.

Lumata Health: $23 Million (Series B) Raised For Expanding Access To Vision-Saving Care

By Amit Chowdhry ● Mar 12, 2025

Lumata Health, a leader in personalized support for patients with vision-threatening chronic eye diseases, announced that it has raised $23 million in Series B funding to accelerate its mission of eliminating preventable vision loss, bringing its total raised since inception to $36 million. This funding round was co-led by LRVHealth, McKesson Ventures, and Cencora Ventures, with participation from existing investors, including Cortado Ventures.

MaxIQ: $7.8 Million (Seed) Closed For Customer Journey Management Platform

By Amit Chowdhry ● Mar 12, 2025

MaxIQ, an AI-based Customer Journey Management platform designed to maximize customer lifetime value, announced it has raised $7.8 million in funding. The company’s Seed round was led by Dell Technologies Capital, with participation from Intel Capital. This funding will enable MaxIQ to advance operations, accelerate product innovation, and expand its leadership team as it redefines the future of customer journey management for B2B SaaS enterprises.

Ataraxis AI: $20.4 Million (Series A) Raised For Transforming Precision Medicine In Cancer Care

By Amit Chowdhry ● Mar 12, 2025

Ataraxis AI, a leading AI precision medicine company, announced its $20.4 million Series A financing led by AIX Ventures with participation from Floating Point, Thiel Bio, Founders Fund, Bertelsmann Investments, and existing investors Giant Ventures and Obvious Ventures. The funding round also received backing from angel investors and healthcare pioneers, including Mario Schlosser (co-founder and former CEO of Oscar Health) and Ryan Fukushima (COO of Tempus), and others. And leading researchers from OpenAI and DeepMind also participated.

Dwight Capital And Affiliate REIT Closed $346.5 Million in February

By Amit Chowdhry ● Mar 12, 2025

Dwight Capital and its affiliate REIT, Dwight Mortgage Trust (DMT), closed $346.5 million in real estate financings in February. Some of the significant transactions included a bridge loan for Waverly on the Lake in Michigan, a bridge loan and working capital line of credit for a six-property skilled nursing portfolio in Pennsylvania, and a bridge refinance for Mi Place at Brightmoor in New Jersey.

Liminal: $5.8 Million (Seed) Raised For AI In Gaming Platform

By Amit Chowdhry ● Mar 12, 2025

Liminal Experiences - a new UGC gaming startup dedicated to harnessing AI to enable human-centered creativity - has emerged from stealth with $5.8 million raised to date in seed funding. The funding comes from prestigious games industry backers, including BITKRAFT Ventures, Riot Games, and OTK Media Group, with participation from angel investors, including Marc Merrill, founder of Riot Games.

Good Job Games: $23 Million (Seed) Raised For Mobile Gaming Development

By Amit Chowdhry ● Mar 12, 2025

Good Job Games, a rapidly growing mobile game company based in Türkiye, announced it has secured $23 million in a seed funding round led by Menlo Ventures and Tripledot co-founder Akin Babayigit’s new games fund Arcadia to build a legacy entertainment company for players of all ages. And Good Job Games raised the large seed financing with a proven track record of popular games, Zen Match, Wonder Blast and Match Villains.

GigaCrop: $4.5 Million (Pre-Seed) Secured For Advancing Photosynthesis For Boosted Crop Productivity

By Amit Chowdhry ● Mar 12, 2025

GigaCrop announced it raised a $4.5 million pre-seed round of funding led by Playground Global.

SaySo: $4 Million Secured For Retail Clearance Solutions

By Amit Chowdhry ● Mar 12, 2025

SaySo is an end-to-end clearance solution and price optimization platform that emerged from stealth in late 2024 and immediately secured $4 million in seed funding, led by mobility VC firm UP.Partners.

Hawcx: $3 Million (Pre-Seed) Raised To Transform Passwordless Authentication

By Amit Chowdhry ● Mar 12, 2025

Hawcx, an innovator in passwordless authentication, announced it has secured $3 million in pre-seed funding. The funding round was led by Silicon Valley-based venture capital firm Engineering Capital, with participation from seed-stage fund Boldcap. This funding round will advance Hawcx’s efforts to accelerate product development, grow its team, and scale sales and marketing initiatives.

Cybereason: $120 Million Raised For Advancing EDR Solutions

By Amit Chowdhry ● Mar 12, 2025

Cybereason, a leading global cybersecurity company, announced a $120 million investment led by SoftBank Corp., SoftBank Vision Fund 2, and Liberty Strategic Capital to advance the company's global growth fueled by its endpoint detection and response (EDR) solutions and its consulting services, enhanced by a strategic partnership with Trustwave. Manish Narula will serve as the company's new CEO.

Fusion Fund: $190 Million In Committed Capital Raised For Fund IV

By Amit Chowdhry ● Mar 12, 2025

With $190 million in committed capital, Fusion Fund has announced the closing of Fusion Fund IV to continue supporting technical founders in enterprise AI, healthcare, and industrial automation. And Fund IV was oversubscribed in less than six months, bringing Fusion Fund's total assets under management to over $500 million. Institutional LPs, including endowments, foundations, sovereign wealth funds, and strategic family offices back this fund.

Reflection AI: $130 Million Secured For Building Superintelligent Autonomous Systems

By Amit Chowdhry ● Mar 12, 2025

Reflection AI has emerged from stealth mode, focusing on creating autonomous coding systems. The company has raised $25 million in a seed funding round led by Sequoia Capital and CRV and $105 million in a Series A funding round led by Lightspeed Venture Partners and CRV.

ABB Investing $120 Million To Expand US Manufacturing

By Amit Chowdhry ● Mar 12, 2025

ABB announced that it will invest $120 million in the US to expand the production capacity of its low-voltage electrification products. The investment will enable ABB to meet increasing demand from customers in a wide range of key growth industries, including data centers, buildings, and utilities.

Ditto: $82 Million (Series B) Secured At $462 Million Valuation To Advance Edge-Native Resolution

By Amit Chowdhry ● Mar 12, 2025

Ditto, a mobile database with built-in edge device connectivity and resiliency, announced it has raised $82 million in an oversubscribed Series B funding round. The funding round brings Ditto’s post-money valuation to $462 million. This latest round, led by Top Tier Capital Partners and Acrew Capital, also included participation from existing and new investors, including Thomas Tull's U.S. Innovative Technology Fund (USIT), True Ventures, Amity Ventures, Fundrise, Friends & Family Capital, Advance Venture Partners, and Internet Initiative Japan (IIJ).

Quamcore: $9 Million (Seed) Raised For Building First Scalable 1 Million Qubit Quantum Computer

By Amit Chowdhry ● Mar 12, 2025

QuamCore, a company redefining quantum computing scalability, announced today its emergence from stealth with $9 million in seed funding. The funding was led by Viola Ventures and Earth & Beyond Ventures.

Avangrid: $20 Billion Investment Plan For U.S. Grid Infrastructure Through 2030

By Amit Chowdhry ● Mar 12, 2025

Avangrid, a leading energy company and member of the Iberdrola Group, announced plans to invest $20 billion in U.S. electrical grid infrastructure by the end of the decade.

Aescape: $83 Million Raised For Wellness Robotics

By Amit Chowdhry ● Mar 12, 2025

Aescape, a lifestyle robotics company pioneering AI massage for personalized recovery, announced it has raised $83 million in a strategic round led by Valor Equity Partners. The round also saw participation from existing investors, including Alumni Ventures, and NBA Champion and All-Star Kevin Love. With this latest funding, Aescape’s total funding is now at $128 million, enabling the company to scale operations, expand into new markets, and grow its partnerships with global brands.

Osivax: €10 Million Raised For Developing Vaccines To Provide Protection Against Respiratory Viruses

By Amit Chowdhry ● Mar 12, 2025

Osivax - a biopharmaceutical company developing vaccines to provide broad-spectrum protection against highly mutating respiratory viruses - announced the first closing of its Series B financing, raising €10 million from new and existing investors.

Sofinnova Partners: €1.2 Billion Raised For Advancing Next Wave Of Life Sciences Innovation

By Amit Chowdhry ● Mar 12, 2025

Sofinnova Partners - a leading European venture capital firm in life sciences based in Paris, London, and Milan - announced it had raised €1.2 billion across its platform of investment strategies over the past year, including over €1 billion secured in the last quarter.

Tandem PV: $50 Million Secured For Perovskite Solar Technology

By Amit Chowdhry ● Mar 12, 2025

Tandem PV, an innovator in American perovskite solar technology, today announced it has secured $50 million in Series A funding and debt, led by Eclipse, with participation from Constellation Energy, Planetary Technologies, Uncorrelated Ventures, Trellis Climate, Tom Werner (former CEO of SunPower), Stifel Bank, CSC Leasing, and other existing and new investors. This funding will enable Tandem PV to construct a commercial-scale manufacturing facility in the U.S., accelerating the adoption of its high-efficiency solar panels and allowing the U.S. to reduce its dependency on foreign manufacturers while increasing its energy security.

LlamaIndex: $19 Million (Series A) Raised For Enterprise-Grade Knowledge Agents

By Amit Chowdhry ● Mar 12, 2025

LlamaIndex, an agent development platform for automating knowledge work over unstructured enterprise data, closed a $19 million Series A round of funding, led by Norwest Venture Partners with participation from existing investor Greylock. This funding round brings the total to $27.5 million.

Alta: $7 Million (Seed) Closed For AI Revenue Workforce Solutions

By Amit Chowdhry ● Mar 12, 2025

Alta, an AI-based revenue workforce solutions provider, announced today that it has raised a $7 million seed financing round and has launched out of stealth. The funding round was led by Entrée Capital and Target Global, with additional funding from angel investor Ben Lang and others. Gavin Patterson, former President and Chief Revenue Officer at Salesforce, Nir Goldstein, Operating Partner at Greenfield Partners, and Yoram Teitz, Partner at General Atlantic, serve as strategic advisors.

Lila Sciences: $200 Million (Seed) Raised For Scientific Superintelligence Platform

By Amit Chowdhry ● Mar 12, 2025

Bioplatform innovation company Flagship Pioneering has unveiled Lila Sciences, a company building the world's first scientific superintelligence platform and fully autonomous labs for life, chemical, and materials sciences. Lila raised $200 million in committed seed capital from Flagship Pioneering, along with General Catalyst, March Capital, ARK Venture Fund, Altitude Life Science Ventures, Blue Horizon Advisors, State of Michigan Retirement System, Modi Ventures and a wholly owned subsidiary of the Abu Dhabi Investment Authority (ADIA) to support the further development of the AI platform, autonomous labs, and infrastructure for rapid scaling.

Nirvana Insurance: $80 Million (Series C) Secured For Transforming Commercial Insurance With AI

By Amit Chowdhry ● Mar 12, 2025

Nirvana Insurance, a leading AI-based commercial trucking insurer, announced an $80 million Series C funding round, valuing the company at nearly $850 million. This funding round arrives after a momentous year for Nirvana, which exceeded $100 million in Premiums, more than doubling year over year. This funding round was led by General Catalyst with continued support from existing investors Lightspeed Venture Partners and Valor Equity Partners.

Ambrose: Over $400 Million Raised For Fund IV

By Amit Chowdhry ● Mar 12, 2025

Ambrose, a leading investor, developer, and operator of industrial, logistics and e-commerce real estate, announced the final close of Ambrose Fund IV, LP. Ambrose had raised $400,625,000 through equity commitments to the Fund and related vehicles.

Netforce: €45 Million Raised For Law Enforcement Technology Development

By Amit Chowdhry ● Mar 12, 2025

Netforce, a law enforcement technology development company, announced a strategic investment commitment of €45 million from GEM Global Yield LLC SCS - which is a $3.4 billion private equity and alternative investment group.