Venture Capital

Embrace: $20 Million Secured To Help Engineers Build Better Mobile Experiences

By Noah Long ● Aug 1, 2023

Embrace - a solution to help engineers build better mobile experiences - recently announced it is sharing its continued success in driving mobile transformation alongside announcing an up round of $20 million in growth financing. The inside funding round, a show of support from all prior lead investors, was led by NEA with participation from Greycroft, AV8 (Allianz), and Eniac.

HawkEye 360: Defense Technology Company For Space-Based Radio Frequency Brings In $58 Million In Funding

By Noah Long ● Aug 1, 2023

HawkEye 360 - the leading defense technology company for space-based radio frequency (RF) data and analytics - announced it had closed $58 million in new funding. And the funding will be used to develop new space systems and expand analytics that support high-value defense missions.

Efficient Capital Labs: $7 Million Raised To Invest In South Asia-U.S. Corridor Companies

By Dan Anderson ● Aug 1, 2023

Efficient Capital Labs (ECL), a fintech company that provides non-dilutive capital to B2B SaaS companies operating in the South Asia-U.S. corridor, recently announced a $7 million Pre-Series A raise led by QED Investors with participation from existing investors including 645 Ventures, The Fund, Lorimer Ventures, Riverside Ventures, and Generalist coming in as a new investor alongside QED.

Trebellar: $3.5 Million Secured To Workplace, Facilities Operations, And Real Estate Teams Make Faster Decisions

By Annie Baker ● Aug 1, 2023

Trebellar - a company founded by software engineering veterans with extensive experience at Google, Salesforce, Waymo, and CERN - recently announced the successful completion of its seed funding round. The company has secured $3.5 million in investments from leading venture capital firms, including Haystack, Altcapital, KFund, and Jetstream.

Distributed Ventures: Early Stage VC Firm Closes $100 Million In Commitments

By Amit Chowdhry ● Aug 1, 2023

Early-stage venture capital firm Distributed Ventures recently announced the close of the company’s first fund under the Distributed Ventures banner. The fund closed $100 million in total commitments, the company’s largest to date, from an exceptional range of investors, including strategic limited partners - including insurance carriers, insurance brokerages, current and former insurance executives, and private family offices. The fund will focus on early-stage venture investments spanning insurtech, healthtech, and fintech verticals.

Nile: Next-Generation Enterprise Company Secures $175 Million

By Amit Chowdhry ● Aug 1, 2023

Nile - a leader in next-generation enterprise networks - announced a $175 million Series C investment round co-led by March Capital and Sanabil Investments with strategic participation from solutions by stc, Prosperity7, and Liberty Global Ventures, and contributions from 8VC, Geodesic Capital, FirstU Capital, and Valor Equity Partners. Nile's recent raise brings its total funding to $300 million.

Finicast: Enterprise Collaborative Planning Platform Secures $12.8 Million In Seed Funding

By Amit Chowdhry ● Aug 1, 2023

Finicast - a modern SaaS enterprise collaborative planning platform that enables teams to work together as they model, plan, forecast, and track performance - recently announced today that it has raised $12.8M in seed funding, led by Celesta Capital. This will be instrumental in furthering the company's collaborative planning platform and go-to-market strategy.

MSPbots: $5 Million Secured To Build Intelligence Solutions For Automating Tasks

By Amit Chowdhry ● Aug 1, 2023

Valhalla Ventures: $66 Million Fund I Debuts

By Amit Chowdhry ● Jul 31, 2023

Valhalla Ventures - an early-stage venture capital firm - recently announced its debut $66 million flagship fund to invest in audacious innovators challenging the status quo across deeptech and gaming. And the firm is committed to supporting entrepreneurs who are unafraid to question consensus views and push the boundaries of science and engineering.

Sheridan Capital Partners: Fund III Closed At Hard Cap Of $575 Million

By Amit Chowdhry ● Jul 31, 2023

Sheridan recently announced the successful closing of Sheridan Capital Partners Fund III, L.P. at the hard cap with $575 million of total capital commitments.

Collaborative Robotics Closes $30 Million And Launches Flywheel Program

By Annie Baker ● Jul 31, 2023

Collaborative Robotics - a leader in practical collaborative robots (cobots) - recently announced it raised $30 million in Series A funding led by new anchor investor, Sequoia Capital, bringing the total amount raised to over $40 million. The funding will enable Collaborative Robotics to begin scaling early field deployments and manufacturing of its novel cobot.

InvGate: Enterprise Service And IT Management Company Raises $35 Million

By Noah Long ● Jul 31, 2023

InvGate - a SaaS platform with global operations at the intersection of Enterprise Service Management (ESM), IT Service Management (ITSM), and IT Asset Management (ITAM) - recently announced it had raised a $35 million growth round led by Riverwood Capital, a leading global investor in high-growth technology companies, with participation from Endeavor Catalyst.

Smartlens: Ophthalmic Technology Company Raises $6.1 Million

By Annie Baker ● Jul 31, 2023

Smartlens - a clinical-stage ophthalmic technology company - announced has closed an oversubscribed $6.1 million Series A equity financing round to advance regulatory clearance for miLens, a novel, electronics-free, soft contact lens for monitoring diurnal intraocular pressure (IOP).

Antares Capital: $6 Billion Senior Loan Fund II Closed

By Noah Long ● Jul 31, 2023

Antares Capital recently announced the closing of its second Senior Loan Fund with approximately $6 billion of asset purchasing power across all Fund-related vehicles, including a dedicated co-investment vehicle.

Cordillera: $443 Million Raised For Fund III

By Amit Chowdhry ● Jul 31, 2023

Cordillera Investment Partners, L.P. - an investment management firm exclusively investing in niche, non-correlated assets - recently announced it has completed fundraising for Cordillera Investment Fund III, L.P., with $443 million of commitments from institutional allocators.

Audax Private Equity: $7.8 Billion Closed For Flagship Fund And Origins Fund I

By Amit Chowdhry ● Jul 31, 2023

Audax Private Equity - a leading alternative investment manager and capital partner for North American middle market companies, successfully closed two new funds: Audax Private Equity Fund VII and Audax Private Equity Origins Fund I. Both funds had exceeded their respective fundraising targets. And Origins closed on $774 million in commitments, while Audax’s flagship vehicle, Audax Private Equity Fund VII, hit its hard cap of $5.25 billion in commitments.

May River Capital: $500 Million In Commitments Raised

By Annie Baker ● Jul 31, 2023

May River Capital LLC - a Chicago-based private equity investment firm - recently raised its third fund May River Capital Fund III, LP. Fund III closed on its hard cap of $500 million in limited partner commitments, exceeding the Fund's original target size.

Modi Ventures: Tech+Bio Fund I Launched With $32 Million

By Amit Chowdhry ● Jul 31, 2023

Modi Ventures - a newly launched venture partnership investing in fund managers and founders building companies shaping the future of humanity - recently announced the close of its inaugural $32 million fund, Tech+Bio Fund I. This new fund will target innovative companies transforming business in Tech Bio, life science, and healthcare AI.

Welsh, Carson, Anderson & Stowe: Over $5 Billion Raised For Largest Private Equity Fund To Date

By Amit Chowdhry ● Jul 31, 2023

Welsh, Carson, Anderson & Stowe (WCAS) - a leading private equity firm focused exclusively on the healthcare and technology industries - recently announced that it has completed fundraising for WCAS XIV, L.P. (WCAS XIV). The fund closed at over $5 billion of total capital, above its target and the Firm's prior fund, WCAS XIII, L.P., which closed at $4 billion.

Allonnia: Bio-Ingenuity Company Brings In $30 Million In Funding

By Noah Long ● Jul 31, 2023

Allonnia - the bio-ingenuity company dedicated to extracting value where others see waste - announced that it had raised $30 million in new capital led by Bison Ventures, with participation from IRONGREY, BHP Ventures, Vale Ventures, Wholestack LP and PPNG along with existing investors Battelle, General Atlantic, and Viking Global Investors. This brings Allonnia’s total funding to date to $90 million.

Trunk Tools: Construction Fintech Startup Raises $9.9 Million In Seed Funding

By Dan Anderson ● Jul 31, 2023

Trunk Tools - a construction-focused fintech startup that addresses the skilled labor shortage by helping workers get paid faster - recently announced its launch out of stealth with $9.9 million in seed funding. And the oversubscribed round was led by Innovation Endeavors, with participation from Fifth Wall, Foundation Capital and several others.

Eureka Health: $7 Million Closed For Patient-Led Platform

By Annie Baker ● Jul 31, 2023

Eureka Health announced that it had raised $7 million in funding. And the seed round was led by Khosla Ventures.

Ampcontrol: $10 Million Raised To Advance AI-Powered Software Solution For Fleet Operators

By Noah Long ● Jul 30, 2023

Ampcontrol - a leading AI-powered software solution for fleet operators - recently announced $10 million in Series A financing to enable its next growth stage. The Westly Group led the funding round with participation from existing investors AngelPad and Lorimer Ventures.

Kincell Bio: Contract Development And Manufacturing Organization Secures $36 Million

By Annie Baker ● Jul 30, 2023

Kincell Bio - a technology-forward contract development and manufacturing organization (CDMO) focused on cell therapies - recently emerged from stealth with $36 million in new funding. Kineticos Ventures led Kincell’s launch funding.

MAC Hospitals: $160 Million Growth Investment Raised From General Atlantic

By Annie Baker ● Jul 30, 2023

MAC Hospitals - one of Mexico’s largest hospital providers - announced an up to $160 million strategic growth investment from General Atlantic, a leading global growth equity firm. MAC Hospitals plans to utilize its partnership with General Atlantic to further its mission to expand access to affordable healthcare across Mexico, in particular by pursuing strategic expansion initiatives, developing greenfield hospitals in new locations, investing in the company’s technology stack and infrastructure, and deepening its offering of high-quality medical services.

Goodwater: Over $1 Billion Raised To Support Consumer Tech Companies

By Amit Chowdhry ● Jul 30, 2023

Goodwater - the largest venture capital fund exclusively focused on consumer tech investments - recently announced that it had raised over $1 billion across its family of early and growth-stage funds.

Alpine Investors: $4.5 Billion Ninth Fund Finalized At Hard Cap

By Amit Chowdhry ● Jul 30, 2023

House Numbers: Home Wealth Management Platform Bags $3.75 Million In Funding

By Annie Baker ● Jul 30, 2023

House Numbers - an AI-enabled home wealth management platform helping homeowners gain financial independence through AI-tailored home equity-based product recommendations - recently announced that it has raised $3.75 million in pre-seed funding.

Sk3w Technologies: Financial Exchange Access Company Closes $7 Million In Funding

By Dan Anderson ● Jul 28, 2023

Financial exchange access company Sk3w Technologies recently announced that it had raised $7M in a Series A round led by Tower Research Ventures, IMC, and Citadel Securities. And previous investors include Optiver, IMC, Jump Trading, Tower Research Ventures, XR Trading, and Tom Joyce.

Airvet: Leading Pet Telehealth Company Secures $18 Million

By Amit Chowdhry ● Jul 28, 2023

Airvet - a leading pet telehealth company - announced it has closed an oversubscribed $18.2 million Series B round led by Mountain Group Partners (MGP) with participation by Canvas Ventures, Headline, and Burst Capital, as well as strategic investors including Bob Antin, Founder and xCEO of VCA Animal Hospitals.