Venture Capital

Episode Six: Enterprise-Grade Payment Processing Closes $48 Million In Series C

By Noah Long ● Jun 8, 2023

Episode Six (E6) - a global provider of enterprise-grade payment processing and digital ledger infrastructure - announced a $48 million Series C financing led by Avenir

Quanta Therapeutics: Over $50 Million Raised To Pioneer Targeted Therapies For Treating RAS-Driven Cancers

By Annie Baker ● Jun 8, 2023

Quanta Therapeutics - a privately-held biopharmaceutical company pioneering targeted therapies to treat RAS-driven cancers - announced recently a $50.7 million Series D financing.

Builder.ai: Composable Software Platform Company Secures Over $250 Million In Series D

By Noah Long ● Jun 8, 2023

Builder.ai - an AI-powered composable software platform designed to be so simple and accessible that everyday businesses and individuals can turn their ideas into software - announced recently an investment of over $250 million in Series D funding. This new funding round - which was led by Qatar Investment Authority (QIA) takes the total amount raised by the company to over $450 million with an up to 1.8x increase in its valuation.

ReNAgade Therapeutics: This Company Recently Raised Over $300 Million To Develop RNA Medicines For Correcting Diseases

By Dan Anderson ● Jun 8, 2023

ReNAgade Therapeutics - a company unlocking the limitless potential for RNA medicines to correct disease - recently announced a $300 million Series A financing round led by MPM BioImpact and F2 Ventures.

Charm Industrial: Carbon Removal Company Closes $100 Million In Funding

By Amit Chowdhry ● Jun 8, 2023

Charm Industrial - a company that is removing carbon from the atmosphere via bio-oil sequestration and decarbonizing steel with steam-reformed bio-oil - announced recently that it has raised $100 million in Series B funding led by General Catalyst. And additional investors include Lowercarbon, Exor Ventures, Kinnevik, Thrive Capital, and Elad Gil.

Pixxel: Hyperspectral Earth-Imaging Technology Company Raises $36 Million

By Annie Baker ● Jun 8, 2023

Pixxel - a leader in cutting-edge hyperspectral earth-imaging technology - announced $36 million in a Series B funding round of funding with participation from new investors such as Google along with existing investors Radical Ventures, Lightspeed, Blume Ventures, growx, Sparta and Athera.

LEADOPTIK: $5 Million Secured To Build Early Lung Cancer Detection

By Noah Long ● Jun 7, 2023

LEADOPTIK - a Silicon Valley-based medical imaging company - announced that it has raised $5 million in an oversubscribed series seed funding led by MetaVC Partners with participation from SOSV, Sony Innovation Fund, TSVC, ENEA, Arash Ferdowsi (co-founder of Dropbox), Ray Muzyka (co-founder of BioWare), and others.

PharmEnable: Drug Discovery Company Secures $7.5 Million

By Amit Chowdhry ● Jun 7, 2023

PharmEnable - a drug discovery company focused on chemical novelty, diversity, and complexity - announces recently that it has closed a Pre-Series A investment round of $7.5 million to develop the next generation of small molecule drugs against disease areas of high clinical need.

Axelera AI Lands $50 Million In Series A Funding To Develop AI At The Edge

By Annie Baker ● Jun 7, 2023

Axelera AI - a provider of the world’s most powerful and advanced solutions for AI at the Edge - announced new investors who have joined their oversubscribed Series A round, bringing the total amount raised to $50 million.

Peak Power: Canadian Cleantech Company Pulls In $35 Million In Funding

By Dan Anderson ● Jun 7, 2023

Peak Power - a Canadian cleantech company that provides energy optimization software and services for commercial real estate and industrial customers and energy storage project developers - recently announced the successful closing of a $35 million USD funding round.

Swiftsure Innovations: C$2.3 Million Seed Round Raised To Develop Oral Care Solutions

By Annie Baker ● Jun 7, 2023

Swiftsure Innovations announced recently that it closed a $2.3 million CAD seed funding round. This funding round was led by Pelorus VC with participation from Sandpiper Ventures and pan-Canadian consortium MEDTEQ+ and several other pre-seed investors.

FlowX.AI: Enterprise Application Modernization Platform Inks $35 Million In Funding

By Dan Anderson ● Jun 7, 2023

FlowX.AI - the world's first AI enterprise application modernization platform for large financial services organizations - announced recently that it has raised a $35 million Series A funding round.

Westhill: $13.5 Million In Funding Received To Bring Digital Solutions For The Property & Casualty Insurance Industry

By Noah Long ● Jun 7, 2023

Westhill Global - a technology company that provides an end-to-end digital experience for managing repairs following a property claim - announced recently a $13.5 million preferred round of funding led by a large strategic investor.

Bloom Finance: Home Equity Release Solutions Company Closes $7 Million In Funding

By Annie Baker ● Jun 7, 2023

Bloom Finance Company Ltd. recently announced the closing of a $7 million Series A financing, led by SixThirty Ventures.

Obie: Insurtech Startup Raises $25 Million In Series B Funding

By Dan Anderson ● Jun 7, 2023

Obie - an industry-leading insurtech startup - announced recently that it has raised $25.5 million in a Series B funding round led by Battery Ventures with participation from Brick and Mortar VC, DivcoWest, and several real estate funds and investor groups.

Hostaway: Vacation Rental Software Company Secures $175 Million In Strategic Growth Funding

By Annie Baker ● Jun 7, 2023

Hostaway - a leading all-in-one vacation rental software and management system - recently announced a $175 million capital raise.