Venture Capital

Datapeople: SaaS Recruiting Predictability Platform Company Secures $13 Million

By Dan Anderson ● Jul 6, 2023

Datapeople - a SaaS recruiting predictability platform - recently announced the completion of an oversubscribed $13 million Series A funding round. This funding round was co-led by GreatPoint Ventures and New Markets Venture Partners with the participation of existing investors including First Round Capital, NextView Ventures, and Uncork Capital as well as operator syndicates Gaingels and FOG Ventures.

Flywheel: Medical Imaging Data Company Raises $54 Million

By Amit Chowdhry ● Jul 6, 2023

Flywheel - a leading medical imaging data and AI platform - announced it raised $54 million in Series D funding with more to come soon. And this latest funding round was co-led by Novalis LifeSciences LLC and NVentures (NVIDIA’s venture capital arm). Microsoft also joined the funding round along with insiders Invenshure, 8VC, Beringea, Hewlett Packard Enterprise, Intuitive Ventures, iSelect, Gundersen Health System, Seraph, and Great North Ventures.

Silent Push: Detection-Focused Threat Intelligence Company Secures $10 Million

By Noah Long ● Jul 4, 2023

Silent Push - a detection-focused threat intelligence company - recently announced the company's launch with a total of $10 million in seed funding led by global cybersecurity specialist investor Ten Eleven Ventures.

Meshcapade: $6 Million Raised To Develop AI Solutions For Modeling And Analysis Of 3D Digital Humans In Motion

By Annie Baker ● Jul 4, 2023

Meshcapade - a startup specializing in AI solutions for modeling, analysis, and synthesis of 3D digital humans in motion - recently announced a $6 million seed round led by Matrix with participation from a number of tech founders and investors.

Wherobots: Geospatial Analytics And AI Closes $5.5 Million In Funding

By Noah Long ● Jul 3, 2023

Wherobots - a data platform for geospatial analytics and AI - recently announced that it has raised a $5.5 million seed funding round. This funding round was co-led by Wing Venture Capital and Clear Ventures. And Wherobots will be using the new capital to build products that enable every organization to extract business value from data via spatial location and time.

Adaptive Phage Therapeutics Raises $12 Million For Developing Phage-Based Therapies To Combat Bacterial Infections

By Dan Anderson ● Jul 3, 2023

Adaptive Phage Therapeutics (APT) - a clinical-stage biotechnology company pioneering the development of phage-based therapies to combat bacterial infections - announced that it has received a $12 million upfront investment from funds managed by Deerfield Management and the AMR Action Fund as part of a new $24 million total investment in a Series B1 round that is targeting $30 million in aggregate.

Unshackled Ventures: $35 Million Fund III Closed To Help Immigrant Founders Start Companies In The U.S.

By Amit Chowdhry ● Jul 3, 2023

Unshackled Ventures - the only pre-seed venture capital fund that enables immigrant founders to start companies in the U.S. - announced the successful close of its $35 million Fund III, backed by high-profile limited partners, 73% of which is institutional LPs. Unshackled Fund III LPs include Cambridge Associates, Cendana, Emerson Collective, California Infrastructure and Economic Development Bank (IBank), and Sorenson Impact Advisory, more than doubling its assets under management (AUM).

Vessel Technologies: Housing Product Development Company And Franchisor Raises Series A Funding

By Amit Chowdhry ● Jul 3, 2023

Vessel Technologies - a mission-driven housing product development company and franchisor that offers a high-quality, sustainable, and attainably priced housing solution - announced it has secured Series A funding from co-lead investors Mastry Ventures and LENx, the venture arm of homebuilder Lennar.

Invirsa: Clinical-Stage Pharmaceutical Company Secures $7.7 Million

By Dan Anderson ● Jul 3, 2023

Invirsa - a privately held, clinical-stage pharmaceutical company focused on developing an innovative topically administered eyedrop formulation INV-102 for ocular conditions associated with DNA damage - announced the closing of a $7.7 million Series B financing completed in April earlier this year.

Permira Credit: €4.2 Billion Raised For Direct Lending Strategy

By Annie Baker ● Jul 3, 2023

Permira Credit - which is one of Europe’s leading specialist credit investors - announced the successful completion of fundraising for its fifth direct lending fund Permira Credit Solutions Fund V (PCS5). Including associated vehicles and leverage, the total investable capital for the strategy is €4.2 billion.

Ecovative: Mycelium Technology Company Raises Over $30 Million

By Noah Long ● Jul 3, 2023

Ecovative Design LLC - a leading mycelium technology company - recently announced the initial closing of a Series E round of over $30 million. And $15 million of the raise is being reinvested into its MyForest Foods Co. subsidiary, founded in 2020.

Upperline Health: Specialty Value-Based Care Company Raises $58.35 Million

By Annie Baker ● Jul 3, 2023

Upperline Health - which is the nation’s largest provider network dedicated to specialty value-based care - recently announced it has raised over $58 million in new capital. And Crestline Investors led the latest round with additional participation from previous investors including Silversmith Capital Partners and Adam Boehler. The funding round will be used to drive further growth in Upperline Plus, its Accountable Care Organization (ACO) REACH program.

Significo: Digital Health Solutions Company Closes $12 Million In Funding

By Noah Long ● Jul 3, 2023

Significo - a provider of secure and reliable digital health solutions - recently announced the successful closure of a $12 million Series A funding round, driving a mission to scale personalized health recommendations as a service.

Pigment: Business Planning Platform Company Raises $88 Million

By Annie Baker ● Jul 3, 2023

Business planning platform company Pigment recently announced it raised an $88 million Series C funding round led by ICONIQ Growth. This Series C investment brings the company's total amount raised to $248 million in under 3 years. And Felix Capital - as well as previous investors Meritech, IVP, and FirstMark - have also joined the round.

Contextual AI: $20 Million Secured To Accelerate Generative AI For The Workplace

By Noah Long ● Jul 3, 2023

Contextual AI recently emerged from stealth with $20 million in funding led by Bain Capital Ventures (BCV) with participation from Lightspeed, Greycroft, SV Angel, and well-known angel investors including Elad Gil, Lip-Bu Tan, Sarah Guo, Amjad Masad, Harry Stebbings, Fraser Kelton, Sarah Niyogi and Nathan Benaich.

SciTech Development Lands $2.73 Million In Funding For Advancing Clinical Trials For Cancer Treatment

By Dan Anderson ● Jul 3, 2023

SciTech Development recently announced it has closed a $2.73M funding round, led by several prominent life science investors to advance clinical trials for Non-Hodgkin Lymphoma and Small Cell Lung Cancer.

Syntax Health: SaaS-Based Solution For Health Plans And Providers Closes $7.5 Million

By Annie Baker ● Jul 3, 2023

Syntax Health - a New York-based provider of an enterprise SaaS-based solution for health plans and providers - recently announced it has successfully raised $7.5 million in Seed funding. The funding round - which was led by undisclosed investors - will enable Syntax Health to accelerate its growth, expand operations, and further penetrate the market.

Blumira: Detection And Response Technology Company Secures $15 Million

By Amit Chowdhry ● Jul 3, 2023

Blumira - a leading provider of detection and response technology - recently announced the launch of its XDR platform to provide enterprise-level security for small to medium businesses (SMBs). And the company also recently announced that it had raised a $15 million Series B financing round led by Ten Eleven Ventures and joined by RPS Ventures, Mercury Fund, HPA, and Duo Security co-founder Jon Oberheide.

Astrix Security: $25 Million Raised To Ensure Core Systems Are Securely Protected In Third-Party Cloud Services

By Annie Baker ● Jul 3, 2023

Astrix Security - which is the enterprise's trusted solution for securing non-human identities - recently announced has secured $25 million in Series A funding led by CRV with participation from existing investors Bessemer Venture Partners and F2 Venture Capital. This new funding round brings Astrix's total funding to almost $40 million.

Venn Software: Secure BYO-PC Technology Company Closes $29 Million In Funding

By Annie Baker ● Jul 1, 2023

Venn Software - the innovators of the first purpose-built technology for Secure BYO-PC - recently announced that the company has been awarded a key patent for securing remote work on any computer. And the company also revealed $29 Million in Series A Funding, led by NewSpring to support its product development, growth, and customer demand.

Passage: C$40 Million Closed To Match International Talents With Canada’s Workforce

By Annie Baker ● Jul 1, 2023

Passage - a new company that seeks to match talented immigrants to life-changing educational and career opportunities led by Canadian tech entrepreneur Martin Basiri - announced it has secured C$40 million (US$30M) in a seed funding round led by Drive Capital.

Inflection AI: $1.3 Billion Raised To Create More Personal Artificial Intelligence

By Amit Chowdhry ● Jul 1, 2023

Inflection AI recently announced that the company has raised $1.3 billion in a new round of funding led by Microsoft, Reid Hoffman, Bill Gates, Eric Schmidt, and new investor NVIDIA. And the new funding round brings the total raised by the company to $1.525 billion.

Runway: Applied AI Research Company Closes $141 Million In Funding

By Annie Baker ● Jul 1, 2023

Runway - an applied AI research company building the next generation of creative tools - recently announced it has raised a $141 million extension to its Series C from Google, NVIDIA, Salesforce Ventures, and existing investors among others.

Typeface: Generative AI Platform For Enterprise Content Creation Closes $100 Million

By Noah Long ● Jul 1, 2023

Typeface - a generative AI platform for enterprise content creation - recently announced a $100 million new investment, marking the close of its Series B round, to drive continued growth and innovation.

Cart.com: Commerce Solutions Company Raises $60 Million At $1.2 Billion Valuation

By Annie Baker ● Jul 1, 2023

Cart.com - a leading provider of comprehensive commerce solutions that enable merchants to sell and fulfill everywhere - recently announced it has raised a $60 million Series C equity funding round at a valuation of $1.2 billion.

Rypplzz: $3 Million Raised To Accelerate Growth Of Its Geo-Location Platform

By Amit Chowdhry ● Jul 1, 2023

Rypplzz - the creators of Interlife, a multi-patented geo-location platform - recently announced $3 million in pre-seed funding from a group of investors including Deal Box Ventures, Fulcrum Investing, and Innovative Venture Partners to accelerate the adoption of its breakthrough geospatial mapping technology that connects the digital-physical world with greater precision.

Alfie Health: Virtual Obesity Management Clinic Company Secures $2.1 Million

By Amit Chowdhry ● Jun 30, 2023

Alfie Health - which is now a new virtual clinic for patients with obesity - is announcing $2.1 million in funding led by Y Combinator and Nina Capital along with Goodwater Capital, Phoenix Investment Club and various angels including the founder of unicorn Opentrons.

RevRoad: Venture Services Company Raises Over $15 Million In Funding

By Amit Chowdhry ● Jun 30, 2023

RevRoad - a venture services firm based in Utah - recently announced over $15 million in funding from private investors. The company has already serviced 73 portfolio companies and helped raise their valuations to a combined enterprise value of more than $1.5 billion.

Redpanda: Streaming Data Platform Company To Accelerate Growth With $100 Million In Funding

By Dan Anderson ● Jun 30, 2023

Redpanda recently announced that it raised $100 million in Series C funding led by returning investors Lightspeed Venture Partners, along with GV and Haystack VC. With $165 million in funding secured to date, Redpanda will utilize this latest capital infusion to enable data-intensive applications with new foundational capabilities that are beyond the scope of legacy streaming data platforms.

NoTraffic: Leading Mobility Company Secures $50 Million In Series B Funding

By Amit Chowdhry ● Jun 30, 2023

NoTraffic - a leading mobility platform - recently announced the successful completion of a $50 million Series B funding led by M&G Investments with participation from VNV Global and UMC Capital as well as existing investors Grove Ventures, Vektor Partners, Next Gear Ventures, North First Ventures, Meitav Investment House, Alchimia Investments, and TMG.