Venture Capital

TPG: $1.25 Billion Secured For New Global South Initiative Strategy

By Amit Chowdhry ● Sep 27, 2024

TPG Rise Climate, the climate investing strategy of TPG’s global impact investing platform, announced it has secured $1.25 billion in initial capital commitments for its new Global South Initiative strategy (GSI). This announcement coincided with the 79th session of the United Nations General Assembly and the start of New York Climate Week.

Scribenote Raises $8.2 Million (Seed) To Help Veterinarians Streamline Documentation Processes

By Amit Chowdhry ● Sep 27, 2024

Scribenote, an AI-based medical scribe for veterinarians, announced it raised $8.2 million in seed funding to tackle this problem head-on. And the company's funding was led by Andreessen Horowitz (a16z), with additional participation from Inovia Capital, the Velocity Fund, and a line-up of angel investors.

GC Therapeutics: $65 Million (Series A) Raised To Unlock The Next Generation Of Cell Therapy-Based Medicines

By Amit Chowdhry ● Sep 27, 2024

GC Therapeutics (GCTx) announced its launch to scale and unlock the next generation of cell therapy. And GCTx also completed a $65 million Series A financing led by Cormorant Asset Management with participation from Mubadala Capital, Andreessen Horowitz (a16z) Bio + Health, Medical Excellence Capital, Cercano Management, and Pear VC, bringing the total capital raised by GCTx to $75 million.

Sparrow BioAcoustics: $13 Million (Seed) Raised To Help People At Risk With Cardiac And Respiratory Disease Live Longer

By Amit Chowdhry ● Sep 27, 2024

Sparrow BioAcoustics, a pioneer in the field of bioacoustic AI technology, announced that it has closed its seed financing round. The $13 million funding was led by Killick Capital, Klister Credit, and Pelorus Ventures. The closing of the round represents a major step forward for the small Canadian medical AI startup.

Gnosis Freight: Strategic Growth Investment Raised From Vista Equity Partners

By Amit Chowdhry ● Sep 27, 2024

Gnosis Freight—a leading provider of supply chain visibility and execution software designed to manage the full lifecycle of the shipping container—announced a strategic growth investment from Vista Equity Partners, a global investment firm focused exclusively on enterprise software, data, and technology-enabled businesses. The investment supports Gnosis’ mission to help logistics companies work together better across the entire ecosystem.

Vicebio: $100 Million (Series B) Raised To Develop Novel Vaccines Against Respiratory Viral Infections

By Amit Chowdhry ● Sep 27, 2024

Vicebio, a biopharmaceutical company developing novel vaccines against life-threatening respiratory viral infections, announced a $100 million Series B financing led by TCGX. Goldman Sachs Alternatives, Avoro Ventures, and venBio invested, and UniQuest and founding investor Medicxi participated.

Springboard Enterprises: Inaugural 2024 Healthcare And Technology Accelerator Program Cohort Revealed

By Amit Chowdhry ● Sep 27, 2024

Springboard Enterprises, a leader in women-led innovation, announced its 2024 Healthcare and Technology Cohort. These nine selected companies, led by innovative female founders, address key healthcare areas, such as cancer diagnostics, antimicrobial resistance, and at-home diagnostics, each contributing solutions to improve patient care.

SeatBoost: Investment Raised From International Airlines Group

By Amit Chowdhry ● Sep 27, 2024

SeatBoost, a company transforming the air travel experience through dynamic seat upgrade solutions, announced an investment from the International Airlines Group (IAG). This funding round marks an important milestone in SeatBoost's mission to bring joy to travelers' experiences while generating incremental non-dilutive revenue for partner airlines.