Venture Capital

Hydden: Identity Visibility Company Closes $4.4 Million (Seed)

By Amit Chowdhry ● Sep 22, 2024

Identity visibility company Hydden announced it raised $4.4 million in seed funding led by Access Venture Partners. And the other investors include Lockstep, the venture fund of CISOs Rinki Sethi and Lucas Moody, Service Provider Capital, and several cybersecurity angel investors including Andy Grolnick and Paul Trulove.

webAI: AI Development Platform Raises Funding At $700 Million Valuation

By Amit Chowdhry ● Sep 22, 2024

webAI – an AI-based development platform that provides enterprises with localized AI infrastructure and offers a superior solution to existing cloud-based models – announced two milestones.

GreenLite: Construction Technology Company Secures $28.5 Million (Series A)

By Amit Chowdhry ● Sep 22, 2024

GreenLite, a construction technology company making permitting faster and more predictable for builders, developers, and municipalities, announced a Series A funding round of $28.5 million, led by Craft Ventures with participation from 53 Stations, Trust Ventures, and LiveOak Ventures. This new funding round is taking place less than a year after GreenLite's launch from stealth.

Loop: Cross-Border Banking Company Raises C$10 Million

By Amit Chowdhry ● Sep 22, 2024

Loop, a global financial solution for businesses to manage international finances, simplifying cross-border payments, currency exchange, and treasury management, announced an additional C$6.4 million in funding. Combined with C$4 million secured in 2022, Loop has raised C$10+ million to date on its mission to enable companies to seamlessly manage their financial services and global payments and simplify their financial workflows.

Earth First Food Ventures Launches New $10 Million Round, Listed With Securitize

By Amit Chowdhry ● Sep 22, 2024

Earth First Food Ventures Ltd (EFFV), a leading VC platform specializing in ESG and impact investments in innovative food technologies (including land-based aquaculture (RAS), Biomass Fermentation and Precision Fermentation today announced the launch of a new $10 million funding round, which it listed with Securitize, the leader in tokenizing real-world assets.

Pickommerce: Warehouse Automation Company Secures $3.4 Million

By Amit Chowdhry ● Sep 22, 2024

Warehouse automation company Pickommerce announced it has raised $3.4 million in funding to advance the development, production and marketing of the PickoBot piece-picking robot. Pickommerce's technology is prepared to transform the warehouse automation market. IL Ventures led this funding round and it includes InNegev, Fusion VC, the Israel Innovation Authority, and strategic investor ZIM Ventures (the corporate venture arm of maritime shipping company ZIM Integrated Shipping Services).

Aerwave: Managed WiFi Platform Company Secures $20 Million (Series B)

By Amit Chowdhry ● Sep 22, 2024

Aerwave, a next-generation managed WiFi platform transforming connectivity in the multifamily industry, announced $20 million of Series B investment from strategic partners. Moderne Ventures and an S&P 500 REIT led this latest round and were joined by Dominicus Wireless.

Zevero: Global Carbon Accounting Company Raises $7 Million

By Amit Chowdhry ● Sep 22, 2024

Global carbon accounting platform Zevero announced a $7 million seed funding round. This funding was led by Spiral Capital, with participation from East Ventures and several angel investors. This first raise marks a milestone for Zevero's ability to grow its global sustainability impact.

Kasisto: Financial GenAI Conversational Platform Company Raises $90 Million Total

By Amit Chowdhry ● Sep 22, 2024

Leading conversational GenAI platform company Kasisto (the creators of KAI) announced the appointment of Don Layden as Executive Chairman of its Board of Directors. This announcement coincided with the closing of Kasisto’s Series D funding round. This brought the company’s total funding to $90 million.

Safire Group: Lithium-Ion Battery Safety Technology Company Raises $8 Million (Pre-Series A)

By Amit Chowdhry ● Sep 21, 2024

Safire Technology Group announced $8 million in new financing led by Canaan Partners, with participation from Correlation Ventures, Higher Life Ventures, Ajinomoto, Automotive Ventures, Outpost Ventures, Potomac Angel Capital, and MaC Venture Capital. This Pre-Series A funding round brings total funding to $11 million, and fuels continued development of the company's Safe, Impact-Resistant Electrolyte (SAFIRE) technology to transform the safety benchmarks of lithium-ion (Li-ion) batteries across government and automotive industries. And Canaan's Hrach Simonian will join co-founders John Lee and Mike Grubbs on the board of directors.

Motion: Creative Analytics And Research Company Secures $30 Million (Series B)

By Amit Chowdhry ● Sep 21, 2024

Motion, a creative analytics and research platform used by creative strategists, announced that it had secured $30 million in Series B funding led by Inovia. Threshold Ventures participated, as did existing investors Headline, Abstract Ventures, and Sugar Capital. This funding round will accelerate Motion's product roadmap and deepen its analytics and creative research capabilities. This raise brings the company's total funding to $42 million.

Virtuous: Responsive Fundraising Software Company Raises $100 Million

By Amit Chowdhry ● Sep 21, 2024

Virtuous, a leading Responsive Fundraising Software helping nonprofits grow giving, announced a minority growth investment through a funding round led by Susquehanna Growth Equity (SGE), an entrepreneur-centric growth equity firm. This significant investment will fuel Virtuous' mission to accelerate product innovation and enhance services for its nonprofit customers.

University Of Utah And EPIC Ventures Partner Collaborating On Investment Arm

By Amit Chowdhry ● Sep 21, 2024

The University of Utah (one of the nation's leading research universities) and EPIC Ventures (a Salt Lake City based early-stage VC firm) have partnered to launch University of Utah Ventures, Powered by EPIC. And by combining the U's innovation engine with EPIC's extensive network, the partnership will catalyze growth for early-stage technology companies across various sectors, including software, health and life sciences and financial technology.

Rethink Impact Surpasses $500+ Million In Assets Raised

By Amit Chowdhry ● Sep 21, 2024

Rethink has raised its third and largest fund yet, taking the firm to over half a billion dollars. The fund raised over $250 million, which exceeded the goal.