Venture Capital

Translucent: Accounting And Financial Management Platform Secures £5 Million

By Amit Chowdhry ● Sep 6, 2023

Translucent - an accounting platform solving the financial management problems of multi-entity and multi-national businesses - recently announced it has raised a £5 million seed round co-led by Chalfen Ventures and LocalGlobe. This follows a £2.7 million pre-seed round less than six months ago, bringing its total investment to £7.7 million.

Rapport Therapeutics: $150 Million Raised To Utilize The Science Of Receptor-Associated Proteins To Advance Precision Neuromedicines

By Amit Chowdhry ● Sep 6, 2023

Rapport Therapeutics - a clinical-stage biotechnology company leveraging the science of receptor-associated proteins (RAPs) to advance precision neuromedicines - recently announced that it has raised $150 million in Series B funding. Led by Cormorant Asset Management, the round includes investments from Fidelity Management & Research Company, Goldman Sachs Asset Management, Logos Capital, Perceptive Advisors, Sofinnova Investments, Surveyor Capital (a Citadel company), funds and accounts advised by T. Rowe Price Associates, Inc., and all existing investors, which include Third Rock Ventures, ARCH Venture Partners and Johnson & Johnson Innovation – JJDC, Inc. (JJDC).

DICE: Independent Music Ticketing Platform Company Closes $65 Million

By Amit Chowdhry ● Sep 6, 2023

DICE - the world’s largest independent music ticketing platform - recently announced it has raised a $65m funding round led by MUSIC, the first-ever diversified investment company focused exclusively on music and music-adjacent businesses. MUSIC’s CEO Matt Pincus will join the DICE Board of Directors. Other investors include Structural Capital and Ahdritz Holding LLC, the investment vehicle for Willard Ahdritz, founder and chairman of Kobalt Music, with follow-on investments from Exor Ventures and Mirabaud Lifestyle Fund.

Elemental Cognition: Breakthrough AI Tech Company Raises $60 Million

By Dan Anderson ● Sep 5, 2023

Elemental Cognition (EC.ai) - a provider of breakthrough AI technology - recently announced that it has closed $60 million in connection with its Series B fundraising, including participation from Bridgewater Associates, Breyer Capital, AME Cloud Ventures, Staged Ventures, and other individuals.

Rent Butter: Tenant Screening Solution Company Raises $3 Million

By Amit Chowdhry ● Sep 5, 2023

Rent Butter - an advanced tenant screening solution designed specifically for the workforce and affordable housing - recently announced the completion of its seed financing round. The $3 million round was led by RET Ventures, an industry-backed venture fund focused on single and multi-family real estate technology. RET’s investment comes from the RET Ventures ESG Fund - which invests in technologies that benefit real estate operators while advancing social or environmental goals.

Realization Capital Partners: Over-Subscribed Fund II Closed At $323 Million

By Amit Chowdhry ● Sep 5, 2023

Realization Capital Partners Management recently announced the closing of its second investment fund, Realization Capital Partners II, L.P. at $323 million. The Fund received strong support from various investors, including multi-family offices, RIAs, single-family offices, endowments, foundations, and industry executives.

FlipGive: Cashback Rewards Company Secures C$5 Million

By Annie Baker ● Sep 5, 2023

FlipGive - a leading cashback rewards and end-to-end fundraising solution for youth sports teams - recently announced a successful CAD 5 million financing round. The funding raised in the round will be applied further to grow the FlipGive direct-to-consumer app across North America and to scale FlipGive's new white-label embedded cashback rewards shopping platform.

Spencer Health Solutions: Series D Raised To Improve Patient Engagement And Medication Adherence

By Noah Long ● Sep 5, 2023

Spencer Health Solutions - a health technology provider focused on improving patient engagement and medication adherence for clinical trials and commercial pharmaceutical programs while also easing the burden of medication management for patients and caregivers - recently announced the successful close of its Series D funding round, having raised an initial $43 million with additional funding expected before the end of the year. This funding round reflected the progress made at Spencer Health Solutions and the significant market response to its platform.

Superframe: $5 Million Secured To Optimize Go-To-Market Tool Stack Configuration

By Amit Chowdhry ● Sep 5, 2023

Superframe - an AI-powered tool for optimizing companies’ Go To Market tool stack configuration - recently announced that it has raised a $5 million Seed round led by Dan Scholnick (Four Rivers) and Designer Fund and joined by a consortium of angel investors, including Essence VC, Nick Mehta, Lauren Antonoff, Pete Kazanjy, Bob Moore, Leslie Fine, and others.

ViAqua Therapeutics: $8.25 Million Closed To Improve Animal Health In Aquaculture

By Annie Baker ● Sep 5, 2023

ViAqua Therapeutics - a biotechnology company and developer of an orally administered RNA-particle platform to promote and improve animal health in aquaculture - recently announced it has completed a US$8.25 million round led by S2G Ventures with participation from Rabo Ventures, The Trendlines Group Ltd., Agriline Limited, Nutreco, I-Lab Angels and Circle Investments LLC.

Integral: $6.9 Million Raised To Safeguard Privacy And Maximize Data Quality

By Amit Chowdhry ● Sep 5, 2023

Integral - an innovator in safeguarding privacy and maximizing data quality - recently announced it raised a $6.9 million seed round to protect sensitive health data and provide automated expert certification software enabling health and life sciences companies to access compliant de-identified data in hours rather than months. Haystack, The General Partnership, and Virtue Ventures led this seed round of funding, with additional support from Also Capital, Array Ventures, Caffeinated Capital, GreatPoint Ventures, LiveRamp Ventures, and Venrex.

Coalesce Capital: Inaugural Investment In Examinetics Completed

By Amit Chowdhry ● Sep 5, 2023

Coalesce Capital - a private equity firm focused on investing in business services companies - recently announced that it has teamed with Freedom 3 Capital, an existing Examinetics shareholder, and management to recapitalize Examinetics, a leading provider of occupational health compliance testing services.

ThetaRay: AI-Powered SONAR Transaction Monitoring Solution Company Raises $57 Million

By Noah Long ● Sep 5, 2023

ThetaRay - a leader in next-generation AI-powered secure global payments - recently announced today a significant growth round led by Portage, with investments by existing investors JVP, OurCrowd, and others. This investment will enable ThetaRay to accelerate global growth plans and capitalize on significant market demand as Banks and FinTechs urgently look to replace legacy tools with next-generation financial crime detection technology. ThetaRay also recently appointed Peter Reynolds – who drove the company’s growth as Chief Revenue Officer as CEO.

Star Therapeutics: $90 Million Closed To Interrogate Areas Of Novel Biology To Develop Life-Changing Therapies

By Dan Anderson ● Sep 5, 2023

Star Therapeutics - a biotechnology company interrogating novel biology to develop life-changing therapies - recently announced the closing of an oversubscribed $90 million Series C financing to continue the growth of its first-in-class antibody therapies and portfolio companies. The funding was led by Sofinnova Investments and included new investors Qatar Investment Authority (QIA), Catalio Capital Management, Agent Capital, Soleus Capital, and NYBC Ventures, as well as participation by all existing investors, including Westlake Village BioPartners, OrbiMed, Redmile Group, RA Capital Management, New Leaf Venture Partners, Cormorant Asset Management, and Cowen Healthcare Investments. Including this Series C funding round, Star Therapeutics has raised over $190 million since its inception to create numerous portfolio companies.

Sequence Raises Funding From Alabama Futures Fund

By Annie Baker ● Sep 5, 2023

Alabama Futures Fund (AFF) recently invested in Sequense Corporation. Based in Austin, Texas, Sequense is a workflow automation software platform created to supercharge travel agency business operations for independent and enterprise scale travel advisors. Sequense’s goal is to streamline travel business processes to save time, increase profitability and elevate the reputation of its travel advisor customers.

GenTwo: B2B Fintech Company Lands $15 Million In Funding

By Annie Baker ● Sep 5, 2023

GenTwo - a Swiss-based B2B Fintech platform specializing in securitization of bankable and non-bankable assets - recently announced that it has raised a $15 million Series A led by US-based Point72 Ventures. In connection with the funding round, Pete Casella, Senior Partner and Co-Head of Fintech Investments at Point72 Ventures, joins GenTwo’s board of directors.

Micronotes: Fintech Company Secures $7.5 Million To Utilize Big Data To Boost Deposits

By Dan Anderson ● Sep 3, 2023

Micronotes - a financial technology company that leverages big data, artificial intelligence, and consumer engagement technologies to boost deposits, loans, and retention for financial institutions - recently announced that it has closed a $2 million extension to its Series C funding round led by Experian Ventures.

Mercanis: Procurement Suite Solution Company Closes $10 Million In Funding

By Noah Long ● Sep 3, 2023

Mercanis - a Berlin-based procurement suite solution company - recently announced the completion of its latest seed funding of $10 million. The funding round was led by institutional funds such as Signals.vc, DI Technology, and Speedinvest. Plus, successful entrepreneurs and well-known angels such as Dr. Ulrich Piepel, Dr. Marcell Vollmer, Mirko Novakovic (Instana), Victor Jacobsson (Klarna) also joined the round.

Alias Technologies: $3 Million Closed To Build Zero-Pressure Social Media App BeFake

By Dan Anderson ● Sep 3, 2023

Alias Technologies is a company that is officially out of stealth mode with the launch of BeFake. This AI-driven zero-pressure social media app gives users the power of AI to creatively transform everyday moments with their friends. In just a few weeks since its launch, BeFake is already exploding in popularity and ranking in the App Store’s Top Free charts in the United States, the United Kingdom, and France.

ProjectDiscovery: Open Source Powered Security Company Raises $25 Million

By Annie Baker ● Sep 1, 2023

ProjectDiscovery - the open source powered security company that specializes in the detection of new exploitable vulnerabilities - announced that it raised $25 million in a Series A financing round led by CRV, with participation from Point72, SignalFire, Rain Capital, Mango Capital, Accel, Lightspeed, Guillermo Rauch, Caleb Sima and Talha Tariq, etc. And at the same time, the company announced the launch of its ProjectDiscovery Cloud Platform, a fully-managed SaaS platform built on top of ProjectDiscovery's most popular open source tools to enable enterprises to discover and remediate vulnerabilities at scale.

Clockworks Analytics: $16 Million Raised For Powering Operational Efficiencies In Smart Buildings

By Amit Chowdhry ● Aug 31, 2023

Clockworks Analytics - a leading provider of SaaS building analytics - recently announced that it has closed a funding round of $16.1 million. Carom Growth Partners led the funding round with participation from existing investor SE Ventures. This funding round brings the company’s total to over $28 million since being founded.

Delphinus Medical Technologies Receives $12 Million In Growth Capital From Trinity Capital

By Amit Chowdhry ● Aug 31, 2023

Trinity Capital - a leading provider of diversified financial solutions to growth-stage companies - recently announced the commitment of $12 million in growth capital to Delphinus Medical Technologies, a medical imaging company that has developed SoftVue, a dense breast screening innovation that increases cancer detection and decreases unnecessary callbacks while delivering a comfortable patient experience.

Thyme Care: Value-Based Cancer Care Company Closes $60 Million In Funding

By Amit Chowdhry ● Aug 31, 2023

Thyme Care - a leading value-based cancer care partner - recently announced a $60 million Series B fundraise co-led by Town Hall Ventures and Foresite Capital, with participation from current investors Andreessen Horowitz Bio + Health, AlleyCorp, Casdin Capital, and Frist Cressey Ventures.

Mendoza Ventures Launches Nonprofit To Close Diverse Founder Funding Gap

By Amit Chowdhry ● Aug 30, 2023

Mendoza Ventures - a female and Latinx-founded Fintech, AI, and cybersecurity VC firm - recently announced it has launched its new non-profit, Mendoza Impact, to help fund and build the next generation of diverse founders, funders, and VC/PE fund employees.

Beamer: No-Code Product Engagement Tool Company Raises $20 Million

By Annie Baker ● Aug 30, 2023

Beamer - a recognized leader in no-code product engagement tools - recently announced a growth equity investment from Camber Partners, a B2B SaaS investment firm focused on product-led growth (PLG) software companies. Valued at over $20 million, the funding reflects both firms' commitment to building a unified platform for Product teams across the globe. As part of the investment, Beamer announced Satya Ganni as its CEO.

Caden: Data Intelligence Company Secures $15 Million

By Amit Chowdhry ● Aug 30, 2023

Data intelligence company Caden recently announced a $15 million Series A round led by Nava Ventures, with participation from Jerry Yang’s AME Cloud Ventures, Streamlined Ventures, Montage Ventures, Industry Ventures, 1707 Capital, AAF Management, and others.

FantasyLife: Matthew Berry’s Sports And Betting Media Company Secures $2 Million

By Amit Chowdhry ● Aug 30, 2023

FantasyLife - a rapidly growing fantasy sports and sports betting media company founded by Matthew Berry - recently announced the closing of a $2 million dollar friends and family round from strategic investors, including:

Qase: All-In-One Test Management Platform Company Closes $7.2 Million In Funding

By Annie Baker ● Aug 30, 2023

Qase - an all-in-one test management platform built to beautifully orchestrate QA for both manual and automated testing - recently announced it raised $7.2 million in Series A and seed funding rounds.

Demex: $5 Million Secured To Deploy Retained Climate Risk Reinsurance (RCR Re) Solutions

By Amit Chowdhry ● Aug 30, 2023

The Demex Group - the creators of first-of-its-kind reinsurance solutions that address the accumulating losses caused by secondary perils - recently announced it has raised $5 million from a syndicate of existing and new investors led by Blue Bear Capital. Blue Bear Capital, a venture and growth equity firm focused on the world's climate challenges, has been a significant partner for Demex since 2021.

Visana Health: Virtual-First Women’s Clinical Care Company Closes $10.1 Million

By Amit Chowdhry ● Aug 30, 2023

Visana Health - a virtual-first comprehensive women's health clinic - recently announced the close of $10.1 million in seed funding co-led by Flare Capital Partners and Frist Cressey Ventures. Also joining the oversubscribed round are InHealth Ventures, Oxeon Partners, Pixel Perfect Ventures, Venture Investors, and others.