Venture Capital

Tableland: $8 Million Raised For Building Permissionless Relational Databases For Web3 Applications

By Annie Baker ● May 1, 2023

Tableland - a permissionless relational database for web3 applications - announced an $8 million Series A round led by CoinFund with participation from Multicoin Capital, Blueyard and A Capital

Stack Identity: Identity And Access Management Company Secures $4 Million

By Noah Long ● May 1, 2023

Stack Identity - a startup that is automating identity and access management (IAM) governance to identify and eliminate cloud data threat vectors - announced its emergence from stealth mode. And the company also revealed the closing of a $4 million seed funding round co-led by WestWave Capital and Benhamou Global Ventures.

eniferBio: Fungal Protein Company Raises €11 Million

By Annie Baker ● Apr 30, 2023

Finnish biotech company eniferBio has successfully raised an €11 million series A funding round. This funding round was led by Aqua-Spark with Tesi (Finnish Industry Investment) and Valio, Voima Ventures, and Nordic Foodtech VC also joining the round.

Congruent Ventures: Over $300 Million In Commitments Raised To Invest In Climate Tech

By Amit Chowdhry ● Apr 30, 2023

Early-stage climate and sustainability venture firm Congruent Ventures recently announced the closing of its first Continuity Funds focused on quickly scaling its early-stage portfolio with more than $300 million in commitments, which highlights the interest of institutional investors seeking exposure to climate venture despite a challenging fundraising environment.

Karate Combat: Martial Arts Sports League Raises $18 Million

By Dan Anderson ● Apr 30, 2023

Karate Combat - a live-action and full-contact martial arts sports league - announced an $18 million funding round led by BITKRAFT Ventures with additional participation from Delphi Digital, The Operating Group, Alpha Wave Global, Hashkey, Lattice, M13, Santiago R Santos, RooxieXBT, etc.

CyberQP (Formerly Quickpass): Privileged Access Management Company Raises $12 Million

By Amit Chowdhry ● Apr 30, 2023

CyberQP (formerly known as Quickpass Cybersecurity) - a leading provider of Privileged Access Management and Helpdesk Security Automation for MSPs - announced that it has officially rebranded and it raised an additional $12 million from its financial partner Arthur Ventures to continue to bring Privileged Access Management to MSPs.

Relievant Medsystems Secures $50 Million To Develop Treatments For Chronic Vertebrogenic Low Back Pain

By Annie Baker ● Apr 30, 2023

Relievant Medsystems - a company dedicated to transforming the diagnosis and treatment of vertebrogenic pain, a type of chronic low back pain (CLBP) - announced that it has completed the closing of its $50 million Series G financing.

Shield Raises $2.1 Million To Protect Organizations And Consumers From Crypto Exploits

By Amit Chowdhry ● Apr 30, 2023

Shield is a security company that is focused on protecting users from online scams. The company recently announced it has raised $2.1 million in pre-seed funding from Kraken Ventures, Eterna Capital, Alchemy, Moonpay, and several leading security investors.

Sonet.io: $6 Million In Funding Raised To Provide Security For Remote Workers

By Annie Baker ● Apr 30, 2023

Sonet.io - a company built for IT leaders that want a great experience for their remote workers while enhancing security and observability - announced that it emerged from stealth and announced it has raised $6 million in seed capital co-led by The Hive and WestWave Capital.

Riverlane: Quantum Engineering Company Secures £15 Million

By Amit Chowdhry ● Apr 30, 2023

Quantum engineering company Riverlane announced it has raised £15 million in Series B funding. This funding round was led by Molten Ventures and included participation from simulation, high-performance computing (HPC) and AI leader Altair and returning investors Cambridge Innovation Capital (CIC), Amadeus Capital Partners, and the National Security Strategic Investment Fund (NSSIF).

CoreWeave: Cloud Provider Built For GPU-Accelerated Workloads Raises $221 Million

By Dan Anderson ● Apr 30, 2023

CoreWeave - a specialized cloud provider built for large-scale GPU-accelerated workloads - announced it has secured $221 million in Series B funding. This funding round was led by Magnetar Capital with contributions from NVIDIA and rounded out by Nat Friedman and Daniel Gross.

Third Way Health: $1.55 Million Secured To Reduce Medical Practices Administrative Burdens

By Noah Long ● Apr 29, 2023

Third Way Health - an end-to-end front office solution that reduces the administrative burden of medical practices and enhances the patient experience - announced it has raised $1.55 million in pre-seed funding.

SPAN: Home Electrification Company Raises $96 Million

By Dan Anderson ● Apr 29, 2023

SPAN - a leading innovator in home electrification technology - announced a Series B2 round of $96 million, bringing the company’s total funding to $231 million.

O2 Investment Partners: Oversubscribed Fund IV Closed At $445 Million

By Amit Chowdhry ● Apr 29, 2023

O2 Investment Partners, LP - a private equity firm that is investing in growth-oriented and privately-held businesses in the North American lower middle market - announced the final closing of O2 Investment Partners Fund IV (Fund IV) with $445 million in capital commitments. Metric Point Capital served as the exclusive advisor for the fundraiser and Kirkland & Ellis provided legal counsel.

Braya Renewable Fuels Raises $300 Million From Energy Capital Partners

By Annie Baker ● Apr 28, 2023

Braya Renewable Fuels, a Newfoundland and Labrador, Canada-based producer of low-emission renewable fuels, announced a $300 million preferred equity investment from Energy Capital Partners (ECP), a leading energy transition-focused investor in the electricity, clean energy, renewable and sustainable infrastructure sectors.

Enveda Biosciences: Drug Discovery Company Raises $119 Million

By Noah Long ● Apr 28, 2023

Enveda Biosciences announced that it had closed an additional $51 million equity financing to add to the $68 million Series B announced in December 2022. And Kinnevik led the Series B1 round, which also included participation by new investor Henry R. Kravis, the Co-Founder and Co-Executive Chairman of KKR.

Purdue Ventures Invests In TRIO Pharmaceuticals

By Amit Chowdhry ● Apr 28, 2023

Purdue Ventures - which manages three funds to support Purdue University-connected startups - announced it has invested $250,000 in TRIO Pharmaceuticals, a cancer immunotherapeutics startup founded by a Purdue University biophysics and structural biology alumnus. The company’s antibody-based therapeutics strengthen the body’s defense, the immune system, to eradicate cancer.

Apollo Announces Clean Transition Capital Initiative For Supporting Plan To Deploy $50 Billion

By Amit Chowdhry ● Apr 28, 2023

Apollo announced the formation of Apollo Clean Transition Capital (ACT Capital), which is an investment strategy that intends to redefine the capital market for climate solutions.

Axoni: Data Synchronization And Financial Market Infrastructure Company Raises $20 Million

By Noah Long ● Apr 27, 2023

Axoni - a provider of data synchronization technology and financial market infrastructure - announced the closing of a $20 million equity financing round led by EJF Ventures with participation from Laurion Capital Management, Communitas Capital, and existing investors.

J.P. Morgan Growth Equity Partners: Over $1 Billion In Commitments Raised

By Amit Chowdhry ● Apr 27, 2023

J.P. Morgan Growth Equity Partners (GEP) announced the final closing of its inaugural Growth Equity Fund with over $1 billion in aggregate capital commitments raised from a broad set of institutions, family offices, and individual investors across the Americas, Europe, and Asia as well as J.P. Morgan.

Token: Wearable Authentication Solutions Provider Raises $30 Million

By Annie Baker ● Apr 27, 2023

Token - a revolutionary provider of secure and wearable authentication solutions - announced a $30 million financing raise to support the company’s product development and strategic growth objectives.

Monica Eaton Named CEO For Chargebacks911

By Annie Baker ● Apr 27, 2023

Chargebacks911 announced the formal transition of Monica Eaton to assume the title of its Chief Executive Officer (CEO). And Gary Cardone, who has held the title of CEO for the last ten years, will depart the management team and plans to pursue strategic investments throughout his retirement.

Nayms: Funding Raised At $80 Million Valuation

By Dan Anderson ● Apr 27, 2023

Nayms - the world's first fully-regulated marketplace for on-chain insurance - announced that it closed its private token sale in a round led by UDHC, a leading DeFi investor headed up by the previous senior team at the Maker Foundation - which developed and deployed the MakerDAO protocol. And UDHC is aiming to bring DeFi to the mainstream by funding and guiding projects that are building on established DeFi protocols.

EquipmentShare: Equipment And Digital Solutions Provider Raises $290 Million

By Noah Long ● Apr 27, 2023

EquipmentShare - an equipment and digital solutions provider serving the construction industry - announced the completion of a $290 million funding round led by funds afﬁliated with BDT Capital Partners. This funding round also included participation from existing investors such as RedBird Capital Partners, Tru Arrow Partners, and Sound Ventures, and new investors including Brown Advisors.

Diameter Capital Partners: $2.2 Billion In Capital Commitments Closed

By Amit Chowdhry ● Apr 27, 2023

Diameter Capital Partners LP, a New York-based alternative asset manager focused on the global credit markets, announced the final close of Diameter Dislocation Fund II (DDF II) at the hard cap with $2.2 billion of capital commitments.

Ebb Carbon: Ocean-Based Carbon Dioxide Removal Company Closes $20 Million

By Dan Anderson ● Apr 27, 2023

Ebb Carbon – which is an ocean-based carbon dioxide removal (CDR) company founded by former Tesla, SolarCity, and Google X executives – announced it has raised a $20 million Series A to develop and deploy its technology, which enhances and speeds the ocean’s natural ability to capture and permanently store carbon dioxide from the atmosphere.

infiniDome: Anti-Jamming Solutions Company Secures $9 Million

By Noah Long ● Apr 27, 2023

infiniDome - a leading provider of anti-jamming solutions - announced it has secured $9 million in Series A funding led by Hanwha Aerospace, which is one of the largest conglomerates in South Korea along with Honeywell Ventures, and Next Gear Ventures.

MedShift: Medical Technology Company Raises $108 Million

By Annie Baker ● Apr 27, 2023

Leading medical technology company MedShift announced it has completed a $108 million capital raise from Turning Rock Partners, Micota Capital, and OY6 Capital.

Forbion: Life Sciences Venture Firm Raises €1.35 Billion

By Annie Baker ● Apr 27, 2023

Forbion - a leading European life sciences venture capital firm – announced recently that it has raised €1.35 billion ($1.5 billion) for its two newest funds, bringing the total of funds under management to €3 billion. Both of the funds exceeded their original target sizes and represent Forbion’s largest fundraising success to date.

Certn: Background Screening And Identity Company Closes $30 Million

By Annie Baker ● Apr 27, 2023

Certn - a leader in online background checks and identity verification - announced it has raised $30 million in Series B financing with over $29.5 million coming from Export Development Canada (EDC).