Venture Capital

UnifyWork: Workforce Intelligence Platform Closes $3 Million In Funding

By Dan Anderson ● Jun 14, 2023

UnifyWork - a workforce intelligence platform powering equitable regional talent networks - announced an additional $3 million in funding, bringing its total funding to date to $7.5 million.

43North: Ninth Application Of Startup Accelerator Program Due On June 23

By Amit Chowdhry ● Jun 14, 2023

43North is a Buffalo, New York-based startup accelerator that offers aims to attract and retain high-growth startups in Buffalo. And 43North invests $5 million into startups every year while offering founders a chance to secure $1 million in funding. 43North told me that its ninth application is officially open

Oova: $10.3 Million Raised To Accelerate At-Home Fertility Testing Platform

By Amit Chowdhry ● Jun 14, 2023

Oova - a company focused on women's health and fertility solutions - announced a Series A funding round of $10.3 million. The funding round was led by Spero Ventures. Spero Ventures was joined by other strategic firms including US Fertility, Virgin Group, Jefferson Health, Connecticut Innovations, Special Situations Life Sciences Fund, Samsung Next, Hannah Bronfman, and Sara Blakely, the acclaimed businesswoman and founder of Spanx.

Beacon Therapeutics: Ophthalmic Gene Therapy Company Launches With £96 Million In Funding

By Annie Baker ● Jun 14, 2023

Beacon Therapeutics Holdings Limited - a leading ophthalmic gene therapy company with the purpose to restore and improve the vision of patients with retinal diseases - has launched and will develop a new generation of gene therapies to treat a range of rare and prevalent retinal diseases that result in blindness. Syncona Limited, with additional investors including OSE, has provided £96 million ($120 million) to fund the acquisition of AGTC and provide capital to take each of Beacon Therapeutics’s development candidates through to value inflection points.

Salesforce Ventures Doubles Generative AI Fund To $500 Million

By Amit Chowdhry ● Jun 14, 2023

Salesforce Ventures announced it is expanding its Generative AI Fund, doubling the $250 million fund to $500 million as part of its continuing commitment to bolster the AI startup ecosystem and drive the development of responsible generative AI.

Monster API: $1.1 Million Raised To Offer Cost-Effective AI Model Training

By Noah Long ● Jun 13, 2023

Monster API announced it is launching its platform to provide developers access to GPU infrastructure and pre-trained AI models at a far lower cost than other cloud-based options, delivering extraordinary ease of use and scalability. The company’s technology utilizes decentralized computing to enable developers to quickly and efficiently create AI applications, saving up to 90% over traditional cloud options. And the company secured $1.1 million in pre-seed funding led by Carya Ventures, with participation from Rebright Partners.

EvenUp: $50.5 Million Raised To Support Personal Injury Lawyers With AI Tools

By Amit Chowdhry ● Jun 13, 2023

EvenUp - a market leader in AI-driven support for personal injury lawyers - announced recently its $50.5 million Series B funding round led by Bessemer Venture Partners with participation from Bain Capital Ventures, Scott Belsky (Founder, Behance), and legal tech leader Clio.

Nymbus: Financial Technology Solutions Company Raises $70 Million In Series D

By Annie Baker ● Jun 13, 2023

NYMBUS - a premier provider of cutting-edge financial technology solutions - announced the completion of its Series D funding round of $70 million, made up of new and repeat investors. This funding round was led by global software investor Insight Partners and bolstered by additional investments from Nymbus clients ConnectOne Bank and PeoplesBank alongside financial technology investors The Banc Funds Company and Mendon Venture Partners.

Pesto: Fintech Company Secures $11 Million And Launches Pesto Mastercard

By Noah Long ● Jun 13, 2023

Pesto recently announced the launch of its first product Pesto Mastercard issued by Continental Bank, the first credit card that enables customers to use valuables as collateral to secure a credit card. And Activant Capital, Plural, and others invested $11 million in Pesto to build a solution for Americans that offers a pathway to rebuild or establish credit at lower rates.

HostGPO: Group Purchasing Organization And Vacation Rental Host Marketplace Company Raises $6 Million

By Noah Long ● Jun 13, 2023

HostGPO - a group purchasing organization and marketplace for vacation rental hosts to efficiently and cost-effectively procure furniture, supplies, and other services to run their properties - announced it has closed a $6 million round, its first outside capital to date.

Dispersion Capital: $40 Million Fund Launched For Backing Foundational web3 Infrastructure

By Amit Chowdhry ● Jun 13, 2023

Dispersion Capital, an early-stage venture firm, announced recently a $40 million fund to back foundational web3 infrastructure.

ZAGENO: Life Science Research Product Marketplace Receives $33 Million In Funding

By Annie Baker ● Jun 13, 2023

ZAGENO - the leading online marketplace for life science research products - recently announced the completion of a $33 million funding round.

Ballerine: Risk Decisioning Platform Company Secures $5 Million

By Dan Anderson ● Jun 13, 2023

Ballerine - an open-source risk decisioning platform - announced it has raised $5 million in a seed funding round led by Team8. This funding round was led by Team8 with participation from Y Combinator, Vera Equity, and executives from Brex, Trulioo, Venmo, Melio, and Coinbase.

Unlimited Pulls In $8 Million To Launch New Low-Cost Alternative Strategy-Tracking ETFs

By Amit Chowdhry ● Jun 13, 2023

Unlimited - a new investment firm that gives all investors exposure to the alpha-generating potential of alternative investment strategies without the high fees and adverse tax implications of typical fund structures - announced recently that it has raised $8 million in Series A financing led by FirstMark and Citi Ventures, including previously unannounced convertible notes led by Material.

ESpace Networks: $10 Million Secured To Transform Enterprise Connectivity

By Annie Baker ● Jun 13, 2023

ESpace Networks - a Florida-based software company transforming enterprise connectivity - announced recently the successful closing of its Series A round, receiving a $10 million investment from Columbia Capital.

BenchSci: Drug Discovery Company Closes $95 Million In Funding

By Annie Baker ● Jun 13, 2023

BenchSci - a leader in AI solutions for preclinical life sciences research and development (R&D) - announced a $95 million (US $70 million) Series D funding round led by Generation Investment Management with participation from existing investors iNovia Capital, TCV, Golden Ventures and F-Prime Capital.

Metalex: Mining And Metals Company Raises $2 Million Seed Round

By Noah Long ● Jun 13, 2023

Metalex - an emerging US mining and metals company operating across the African continent - recently announced it raised $2 million in seed funding.

Wellplaece: Dental Marketplace Company Secures $5.5 Million

By Annie Baker ● Jun 13, 2023

Wellplaece recently announced the company’s private launch along with a $5.5 million seed round of fund, which includes funding from a pre-seed round.

Carrum Health: Value-Based Healthcare Platform Company Secure $45 Million

By Dan Anderson ● Jun 13, 2023

Carrum Health recently announced an oversubscribed $45 million Series B financing led by OMERS Growth Equity. And Revelation Partners joined the round along with return investors Tiger Global, Wildcat Venture Partners, Cross Creek and SpringRock Ventures.

TRL11: Aerospace Video Solutions Company Raises Over $3 Million

By Amit Chowdhry ● Jun 12, 2023

TRL11 announced recently that it has closed a pre-seed funding round of over $3 million, which enables the expansion of its team, leasing of a facility, and launching of two prototype video payloads to Low Earth Orbit (LEO).

Syrup.io: AI-Driven Email Marketing Company Brings In $3.3 Million Seed Funding Round

By Annie Baker ● Jun 12, 2023

Syrup.io recently launched officially - which brings an innovative approach to email marketing that harnesses the power of product usage data coupled with artificial intelligence - to create hyper-personalized experiences for users. And Syrup has secured $3.3 million in seed funding led by Mike Fitzgerald and High Alpha Capital

VIAS Campus Management: Edtech Software Company Secures $4.4 Million

By Annie Baker ● Jun 12, 2023

VIAS Campus Management - an edtech software company offering a comprehensive student information system (SIS) for higher education institutions - announced recently that it has completed its Series A funding round at $3.3 million. This investment was from Arthur Ventures.

Venture Capital

UnifyWork: Workforce Intelligence Platform Closes $3 Million In Funding

43North: Ninth Application Of Startup Accelerator Program Due On June 23

Oova: $10.3 Million Raised To Accelerate At-Home Fertility Testing Platform

Beacon Therapeutics: Ophthalmic Gene Therapy Company Launches With £96 Million In Funding

Salesforce Ventures Doubles Generative AI Fund To $500 Million

Monster API: $1.1 Million Raised To Offer Cost-Effective AI Model Training

EvenUp: $50.5 Million Raised To Support Personal Injury Lawyers With AI Tools

Nymbus: Financial Technology Solutions Company Raises $70 Million In Series D

Pesto: Fintech Company Secures $11 Million And Launches Pesto Mastercard

HostGPO: Group Purchasing Organization And Vacation Rental Host Marketplace Company Raises $6 Million

Dispersion Capital: $40 Million Fund Launched For Backing Foundational web3 Infrastructure

ZAGENO: Life Science Research Product Marketplace Receives $33 Million In Funding

Ballerine: Risk Decisioning Platform Company Secures $5 Million

Unlimited Pulls In $8 Million To Launch New Low-Cost Alternative Strategy-Tracking ETFs

ESpace Networks: $10 Million Secured To Transform Enterprise Connectivity

BenchSci: Drug Discovery Company Closes $95 Million In Funding

Metalex: Mining And Metals Company Raises $2 Million Seed Round

Wellplaece: Dental Marketplace Company Secures $5.5 Million

Carrum Health: Value-Based Healthcare Platform Company Secure $45 Million

TRL11: Aerospace Video Solutions Company Raises Over $3 Million

Syrup.io: AI-Driven Email Marketing Company Brings In $3.3 Million Seed Funding Round

VIAS Campus Management: Edtech Software Company Secures $4.4 Million

Dock Health: HIPAA-Compliant Task Management Company Lands $5 Million In Funding

HyperPlay: Web3-Native Game Launcher And Game Store Aggregator Company Raises $12 Million

WireMock: Developer Productivity Company Inks $6.5 Million In Funding

Opus: Deskless Workforce Company Lands $6.8 Million In Series A Funding

ConnectDER: Distributed Energy Resources Company Completes $27 Million Series C Round

Kira Learning: $15 Million Secured To Help Anyone Teach And Learn Computer Science

Pluton Biosciences Lands $16.5 Million To Utilize Microbes For Addressing Agriculture Sustainability Challenges

MatrixSpace: AI-Based Collaborative Sensing Solutions Company Raises $10 Million