Venture Capital

Relativity Networks: $4.6 Million (Pre-Seed) Funding Raised For Scaling Fiber Optics

By Amit Chowdhry ● Feb 19, 2025

Relativity Networks, a leading at-scale provider of next-generation fiber-optic technology, announced it raised $4.6 million in pre-seed funding to address the growing demand for data centers and the substantial power requirements. And Relativity Networks' technology will help the data industry meet that energy challenge by expanding the development beyond urban cores and into locations with more abundant power.

Lucidity: $21 Million (Series A) Raised For Multi-Cloud Storage Management Platform

By Amit Chowdhry ● Feb 19, 2025

Multi-cloud storage management platform Lucidity announced a $21 million Series A investment led by WestBridge Capital with participation from existing investor Alpha Wave. With the most recent funding round, Lucidity plans to expand the go-to-market team and continue innovating the platform to solve key storage management problems for enterprises worldwide.

Abcuro: $200 Million (Series C) Raised For Advancing Medicine In Development For Inclusion Body Myositis

By Amit Chowdhry ● Feb 19, 2025

Abcuro - a clinical-stage biotechnology company developing therapies for the treatment of autoimmune diseases and cancer through precise modulation of cytotoxic T cells - announced the closing of a $200 million Series C financing led by New Enterprise Associates (NEA) with Foresite Capital joining the round and participation of existing investors including RA Capital Management, Bain Capital Life Sciences, Redmile Group, Samsara BioCapital, Sanofi Ventures, Pontifax, Mass General Brigham Ventures, New Leaf Ventures, funds managed by abrdn, funds and accounts managed by BlackRock, Eurofarma Ventures, and Soleus Capital.

SimpliFed: $4 Million Raised For Building Maternal Care At Home Platform

By Amit Chowdhry ● Feb 19, 2025

Virtual maternal healthcare SimpliFed announced that it has raised a new $4 million in funding. This funding was led by Morningside and included new investors The Artemis Fund, Cultivation Capital, and American Heart Association Social Impact Funds, along with existing investors The Venture Collective, Empire State Development, Waterline Ventures, and previous Angels.

Saronic: $600 Million (Series C) Raised At $4 Billion For Autonomous Surface Vessels

By Amit Chowdhry ● Feb 19, 2025

Saronic Technologies announced it has closed $600 million of funding for its Series C round to advance its goal of redefining maritime superiority for the US and its allies. The funding round was led by Elad Gil and it values the company at $4 billion.

Valid: $5.5 Million Secured To Build AI-Enabled Ad Agency

By Amit Chowdhry ● Feb 19, 2025

Valid, an AI-enabled ad agency transforming digital advertising, announced $5.5 million in seed funding led by Canaan Partners. Neo, J Ventures. And strategic investors, including Reddit CEO Steve Huffman and search ads pioneer Scott Banister also participated in the round. This latest funding round brings Valid's total raised to $7.3 million and fuels its mission to make sophisticated advertising strategies accessible to all sizes of businesses.

Everstar: $4 Million (Pre-Seed) Raised To Transform Nuclear Compliance With AI

By Amit Chowdhry ● Feb 19, 2025

Everstar, an innovator in AI-based compliance solutions for nuclear energy and industrial operations, announced the close of its $4 million pre-seed funding round. The funding round was led by Third Prime VC, with participation from Pelican Energy Partners and EXCEL Services, Virta Ventures, Generational Partners, Page One Ventures, and a distinguished group of angel investors with expertise spanning AI, energy, aerospace, and defense.

Quadshift: $23 Million Growth Equity Raised To Advance Acquisitions Of Leading Software Companies

By Amit Chowdhry ● Feb 19, 2025

Quadshift, a leading acquirer of vertically focused B2B software, announced it has secured up to $23 million in growth equity funding to accelerate its acquisition of leading software businesses. And the all-equity and all-primary round was led by BDC Growth Equity Partners with participation from Celtic House Venture Partners ("Celtic House") and other minority investors.

Pathify: $25 Million Growth Equity Funding Raised

By Amit Chowdhry ● Feb 19, 2025

Pathify, a leading digital engagement platform for higher education, announced it raised $25 million in a minority investment from Five Elms Capital.

Germitec: $30 Million Raised For Advancing UV-C Disinfection Solutions

By Amit Chowdhry ● Feb 19, 2025

Germitec, a leading medical technology company specializing in UV-C High-Level Disinfection solutions, announced the closing of a $30 million financing round. This funding will enable the company to accelerate its development in the U.S. market and continue pioneering advancements in UV-C infection prevention technologies.

Suger: $15 Million (Series A) Raised For Helping Companies Transact On Cloud Marketplaces

By Amit Chowdhry ● Feb 19, 2025

Suger.io, an API-first platform helping high-growth software companies transact on cloud marketplaces, announced the completion of its $15 million Series A funding round, which was led by Threshold Ventures and participated in by existing investors Craft Ventures, Intel Capital, and Y Combinator.

Tishman Speyer: $2.85 Billion Refinancing Completed For The Spiral

By Amit Chowdhry ● Feb 19, 2025

Tishman Speyer announced the firm has refinanced The Spiral, its celebrated new Manhattan office tower, with a $2.85 billion CMBS loan. The Spiral is 94% leased two years after its opening. And the five-year and fixed-rate loan is led by JPMorgan Chase with Bank of America, Goldman Sachs, and Wells Fargo serving as co-lenders.

Beamable: $13.5 Million (Series A) Raised For Funding Decentralized Gaming Infrastructure

By Amit Chowdhry ● Feb 19, 2025

Beamable, a leading developer behind decentralized gaming infrastructure, announced the completion of a $13.5 million Series A funding round led by BITKRAFT Ventures. This funding will support the development and scaling of the Beamable Network, a Decentralized Physical Infrastructure Network (DePIN) poised to redefine how backend infrastructure for games is built and operated. BITKRAFT Ventures was joined in the financing by Arca, Advancit Capital, 2Punks, P2 Ventures, Solana Foundation, Scytale Digital, defy.vc, GrandBanks Capital and Permit Ventures.

TRC Companies: $2 Billion In Funding Secured For Clients Surpassed

By Amit Chowdhry ● Feb 19, 2025

TRC Companies (TRC), a professional services firm providing integrated strategy, consulting, engineering, and applied technologies to support the energy transition, announced that it has surpassed $2 billion in funding secured for clients deploying clean commercial transportation and renewable energy projects across North America.

Desteia: $8 Million (Seed) Raised Supply Chain Visibility Platform

By Amit Chowdhry ● Feb 19, 2025

Desteia, a New York-based company with operations in the US and Mexico, utilizes technology to support leaders and operators, giving them the tools to make optimal decisions for their supply chain in a context of continuous disruptions. And the company has secured $8 million in a seed funding round led by Autotech Ventures, Nazca, and Village Global, positioning the company to revolutionize logistics operations with new artificial intelligence tools and graph theory. The funding round, which brings Desteia’s total funding to $11.5 million, included participation from Foundamental, Bridge Latam, and Nido Ventures.

Mira Network: $10 Million Grant Program Launched For AI Innovation

By Amit Chowdhry ● Feb 19, 2025

Mira Network, a provider of decentralized AI infrastructure for trustless verified intelligence, announced it has launched Magnum Opus, a $10 million builder grant program.

Era: $6.2 Million (Seed) Raised For AI-Based Financial Intelligence Platform

By Amit Chowdhry ● Feb 19, 2025

Era, an AI-based financial intelligence platform reimagining personal wealth management, announced $6.2 million in seed funding co-led by MaC Venture Capital, Third Kind Venture Capital, and Protagonist.

Rho Labs: $4 Million (Seed) Raised For Cryptonative Rate Exchange

By Amit Chowdhry ● Feb 19, 2025

Rho Labs, a developer of Rho Protocol (the world’s first cryptonative rates exchange), announced that it has secured $4 million in seed funding to further expand the capabilities of its platform. With a total value of open contracts surpassing $500 trillion, rates are the largest single asset class in global financial markets. The funding was led by CoinFund, one of the earliest and most experienced cryptonative investment firms, with participation from Auros, Flow Traders, and other existing investors including Speedinvest.

Zest Health: Virtual Care Company Raises $13 Million (Seed)

By Amit Chowdhry ● Feb 19, 2025

Zest Health, which is the first value-based virtual care company focused on treating patients with inflammatory skin diseases, announced $13 million in seed funding. And Zest Health’s platform offers personalized dermatology care that minimizes unnecessary pharmaceutical utilization while producing sustainable clinical outcomes.

QuSecure: $28 Million (Series A) Raised For Post-Quantum Cryptography Platform

By Amit Chowdhry ● Feb 19, 2025

QuSecure, a leader in post-quantum cryptography (PQC) and next-generation cryptographic agility, announced the closing of additional funding, bringing the Series A round to $28 million. The funding will be used to advance QuSecure's delivery of crypto-agile and quantum-resistant cybersecurity enterprise software solutions. Two Bear Capital led the funding round, with participation from Accenture Ventures.

Invary: $3.5 Million Raised For Runtime Integrity Solutions Platform

By Amit Chowdhry ● Feb 19, 2025

Invary, a Runtime Integrity solutions platform, announced it raised a $3.5 million Seed funding round from SineWave Ventures, Flyover Capital, Hyperlink Ventures, and KCRise Fund. This funding enables Invary to advance its goal of verifying the Runtime Integrity of entire systems, ensuring comprehensive confidentiality and security.

Oso Semiconductor: $5.2 Million (Seed) Raised For Phased Array Antennas

By Amit Chowdhry ● Feb 19, 2025

Oso Semiconductor, a developer of power-efficient, high-performance, low-cost chipsets for next-generation wireless communication and sensing applications, announced it has raised an oversubscribed $5.2 million seed round. Engine Ventures led the funding round, with Entrada Ventures, Berkeley SkyDeck, and J-Ventures also participating.

tvScientific: $25.5 Million (Series B) Raised For Connected TV Ad Performance Platform

By Amit Chowdhry ● Feb 19, 2025

tvScientific, a leading performance advertising platform for connected TV (CTV), announced it has raised $25.5 million in Series B funding to 10 times the CTV ad market. NewRoad Capital Partners led the round, including Roku, a first-time investment from Second Alpha Partners, and participation from existing investors Norwest Venture Partners, S4S Ventures, and Progress Ventures.

ArcLight: $865 Million Acquisition Of Strategic Pipeline Revealed

By Amit Chowdhry ● Feb 19, 2025

ArcLight Capital Partners and affiliates announced that they have completed the acquisition of a 25% equity interest in Gulf Coast Express Pipeline (GCX) for $865 million from an affiliate of Phillips 66. Going forward, GCX will be jointly owned by subsidiaries of Kinder Morgan and affiliates of ArcLight. And a subsidiary of KMI will continue operating GCX.

Cinnaire: $190 Million Closed For Low-Income Housing Tax Credit Fund

By Amit Chowdhry ● Feb 19, 2025

Cinnaire announced the closing of the Cinnaire Fund for Housing Partnership 42, a $190 million multi-investor Low-Income Housing Tax Credit (LIHTC) fund. This significant milestone will support creating or preserving 1,478 affordable multifamily homes across 21 properties, serving over 3,400 individuals. And for the first time in its history, Cinnaire invests in communities spanning Wisconsin to Delaware within a single fund.

Keebler Health: $6 Million (Seed) Raised For AI-Based Risk Adjustment Platform

By Amit Chowdhry ● Feb 18, 2025

Durham, North Carolina-based Keebler Health, a company that offers an AI-based risk adjustment platform for healthcare providers, announced that it raised a $6 million seed round from several investors, including Freestyle Capital, MBX Capital, New Stack Ventures, Underdog Labs, Everywhere VC, Ludlow Ventures, Primordial, the Tweener Fund, the Hustle Fund, Deb Liu, and Bong Koh.

Strategus: Majority Investment From CIVC Partners

By Amit Chowdhry ● Feb 18, 2025

Strategus, a leading managed services provider of high-performance connected TV (CTV) advertising campaigns, announced a majority investment by CIVC Partners, a Chicago-based middle-market private equity firm that has invested over $2.6 billion in more than 86 platforms in the business services sector. Strategus, originally founded in 2013 by Dave Miles and Joel Cox, serves agency and direct brand clients with innovative programmatic CTV and omnichannel marketing solutions.

Warmly: $17 Million (Series A+) Funding Raised To Advance Ready-To-Convert Prospects To Sales Platform

By Amit Chowdhry ● Feb 18, 2025

Warmly, which is the first AI-fueled pipeline acceleration platform to deliver ready-to-convert prospects to sales automatically, announced that it has raised $6 million in Series A+ funding. The investment was led by new investor RTP Global and participation from existing investors, including Felicis and NFX. This funding round follows its $11 million Series A round in October 2023.

Medsender: $5 Million (Series A) Raised For Transforming Healthcare

By Amit Chowdhry ● Feb 18, 2025

Medsender, an AI-based workflow automation platform for healthcare providers, announced a recent $5 million Series A investment led by Ballast Point Ventures. And Medsender will use the funding to bolster its commercial team, accelerate its technology pipeline development, and drive industry-leading performance for its clients.

Augmetec: Over £2 Million (Seed) Raised To Help Legal Teams Standardize Processes And Eliminate Inefficiencies

By Amit Chowdhry ● Feb 18, 2025

Augmetec, a legal tech startup founded and led by Kritin Sundaram, announced that it has raised over £2 million in seed funding. The funding round is led by UK-based early-stage investors Fuel Ventures, with participation from Swiss fund 14Peaks Capital, and three industry angel investors, such as the Founding Partner of one of the world’s largest law firms, the family office of over $1 billion legal tech organizations, and the Head of Fraud at Asia’s largest law firm.