Venture Capital

Quantinuum: $300 Million Raised At $5 Billion Pre-Money Valuation

By Amit Chowdhry ● Jan 17, 2024

Honeywell has announced the closing of a $300 million equity fundraise for Quantinuum (the world's leading integrated quantum computing company) at a pre-money valuation of $5 billion. The funding round was anchored by Quantinuum's strategic partner JPMorgan Chase, with additional participation from Mitsui & Co., Amgen and Honeywell - which remains as the company's majority shareholder.

Xyte: Servitization Platform Company Raises $30 Million

By Amit Chowdhry ● Jan 17, 2024

Xyte - a developer of the first all-in-one servitization platform for device and hardware manufacturers - recently announced a $30 million investment round, which includes $20 million in Series A funding led by Intel Capital, with participation from Samsung Next and existing investors S Capital and Mindset Ventures, and $10 million in venture lending from funds and accounts managed by BlackRock.

SMX: $5 Million Contract Signed With R&I Trading

By Noah Long ● Jan 17, 2024

SMX (Security Matters) PLC recently announced a $5 million contract with R&I Trading of New York. This project (spearheaded by the SMX team) will deploy SMX's cutting-edge technology to enhance supply chain transparency with respect to a NATO member state and with the expectation of expanding to further NATO member states.

Aspen Power: Distributed Energy Generation Platform Company Closes $241 Million In Funding

By Amit Chowdhry ● Jan 17, 2024

Aspen Power - a leading distributed generation platform with a mission to accelerate and democratize decarbonization - recently announced it has completed three financings totaling $241 million with J.P. Morgan, Lombard Odier, and Mitsubishi UFJ Financial Group (MUFG).

Secret Double Octopus: Passwordless Solutions Company Secures $15 Million

By Annie Baker ● Jan 17, 2024

Secret Double Octopus - a market leader in Passwordless solutions for the enterprise workforce - recently announced the successful closure of a Series C funding round. And since 2022, the company has raised another $15 million in capital, including this most recent equity round led by BGV. The funding round - which has the backing of both new and existing strategic investors, including JVP, SCV & KDDI - will help the company satisfy the increasing demand for its workforce-centered Passwordless authentication solution.

LAND: Electric Mobility And Portable Battery Company Raises $3 Million

By Dan Anderson ● Jan 17, 2024

Cleveland-based electric mobility and portable battery manufacturer LAND recently announced a new $3 million anchor investment to help scale production and innovation of its cloud-connected CORE battery system.

DelSiTech: Clinical-Stage Drug Delivery Company Raises €10 Million

By Dan Anderson ● Jan 17, 2024

Clinical-stage drug delivery and development company DelSiTech recently announced the successful completion of a €10 million financing round, the largest single financing round in the company's history.

Infield: $3 Million Secured To Make Open Software More Safe

By Annie Baker ● Jan 17, 2024

Infield recently announced $3 million in funding for its comprehensive open-source dependency manager. Foundation Capital led the funding round with participation of YCombinator and Firsthand Alliance. Adam Gross (former CEO of Heroku), Jonathan Siddarth (founder of Turing), and Austin Ogilvie (founder of Thoropass) also joined as investors. And Infield makes open-source dependency upgrades safer and more efficient.

INERATEC: E-Fuel Company Closes $129 Million In Funding

By Amit Chowdhry ● Jan 17, 2024

INERATEC - a pioneering e-fuel company - recently announced it has raised over $129 million in its Series B funding round, led by Piva Capital with additional participation from HG Ventures, TDK Ventures, Copec WIND Ventures, RockCreek, Emerald, Samsung Ventures, and the increased support from current investors, including global corporates like ENGIE New Ventures, Safran Corporate Ventures and Honda. The investment consortium for the Series B funding round included Planet A Ventures, MPC, High-Tech Gründerfonds, FO Holding, Safran Corporate Ventures, Honda, ENGIE New Ventures, HG Ventures, TDK, Copec WIND Ventures, RockCreek, Emerald, Samsung Ventures, Piva Capital.

Thomvest Ventures: $250 Million Fund Raised, Bringing Total AUM To $750 Million

By Amit Chowdhry ● Jan 17, 2024

Thomvest Ventures (a venture capital firm founded by Peter Thomson) recently announced a new $250 million fund and the promotion of Umesh Padval and Nima Wedlake to the role of Managing Director. This new fund brings the firm's total assets under management (AUM) to $750 million, enabling the firm to invest in the next generation of companies across the firm's core focus areas of financial and real estate technology, cybersecurity, cloud and AI infrastructure.

weavix: Frontline Communication Company Secures $23.6 Million

By Dan Anderson ● Jan 17, 2024

weavix - a Wichita-based technology firm specializing in frontline communication and efficiency solutions - recently announced it has successfully raised $23.6 million in its latest Series B funding round. The funding round was led by global software investor Insight Partners, with participation from Four More Capital, The Friedkin Group, and Perkins Coie. And as strategic partners and leaders in the industrial world, they now join Koch Disruptive Technologies, which previously invested $10 million in Series A funding in January 2022.

DocuSketch: Growth Investment Secured From Summit Partners

By Dan Anderson ● Jan 17, 2024

DocuSketch - a leading provider of process optimization solutions for the North American property restoration industry - recently announced a minority growth investment from Summit Partners. The new funding round will help DocuSketch support customers and partners and accelerate R&D investments, including integrating advanced AI applications into its product portfolio. DocuSketch management will retain majority ownership in the business.

Mercor: $3.6 Million In Funding Raised To Launch Fully Automated Platform

By Amit Chowdhry ● Jan 17, 2024

Mercor co-founder and CEO Brendan Foody has announced that the company has raised $3.6 million in funding to launch a fully automated platform. The funding round was led by General Catalyst and included participation from Scott Sandell (Chairman, CEO, and CIO of NEA), Soma Capital, Link Ventures, and 2 | Twelve Angels.

AccessParks: Strategic Investment Raised From M/C Partners

By Dan Anderson ● Jan 17, 2024

M/C Partners - a leading private equity firm focused on digital infrastructure and technology services sectors - recently announced a significant growth investment in AccessParks. Launched in 2016, the company provides high-performance Broadband connectivity to RV Parks, National and State Parks, and Manufactured Housing Communities (MHC) nationwide. This investment will drive accelerated growth across AccessParks' business lines and capital for strategic acquisitions.

Cyrano Therapeutics: $9 Million Raised To Help Combat Smell Loss

By Dan Anderson ● Jan 17, 2024

Cyrano Therapeutics - a regenerative medicine company pioneering the development of treatments for smell loss - recently announced that it has secured a $9.0 million Series B financing to advance the development of CYR-064 as a potential first-ever treatment for post-viral smell loss (hyposmia). Co-lead investors participating in the financing include the Florida Opportunity Fund, managed by DeepWork Capital, and existing investors Lumira Ventures and Remiges Ventures.

Noctrix Health: $40 Million Closed To Develop Clinically Validated Breakthrough Medical Technologies

By Amit Chowdhry ● Jan 17, 2024

Noctrix Health - recently announced that it has closed a $40 million Series C financing round led by Sectoral Asset Management with participation from other new investors Angelini Ventures, ResMed, and Asahi Kasei Corporation with strong support from insiders, including OrbiMed and Treo Ventures.

Apprio: Funding Raised In Round Led By HCAP Partners

By Annie Baker ● Jan 17, 2024

HCAP Partners - a California-based private equity firm and nationally recognized impact investor - recently announced its investment in Apprio, a provider of specialized healthcare technology solutions and services for hospitals and health systems, focusing on automized solutions. The terms of the investment were not disclosed.

ZymoChem: Carbon-Efficient Bio-Manufacturing Platform Company Secures $21 Million In Funding

By Annie Baker ● Jan 17, 2024

ZymoChem - the creators of the world’s most carbon-efficient bio-manufacturing platform - recently announced it closed a $21 million Series A round of funding.

Palm Tree Crew: Funding Round Raised At $150 Million Valuation

By Amit Chowdhry ● Jan 17, 2024

Palm Tree Crew - an entertainment, hospitality, and investment holding company - recently closed a new round of funding at a $150 million valuation. The backers in the $6 million round included Barry Sternlicht, Brad Garlinghouse, David Adelman, Jim Coulter, Jonathan Kraft, Keith Rabois, Michael Meldman, and others. Palm Tree Crew (through its investment arm) also recently raised a $32 million venture fund that focuses on providing capital to early-stage disruptive brands across the consumer and technology space.

KSL Capital Partners: Fourth Private Credit Fund Closed At A Hard Cap Of $1.26 Billion

By Amit Chowdhry ● Jan 17, 2024

KSL Capital Partners (KSL) - a leading investor in travel and leisure businesses - recently announced that it has completed the final closing of its latest travel and leisure-focused private credit fund, KSL Capital Partners Credit Opportunities Fund IV, L.P. (Credit Fund IV) with total commitments of $1.26 billion, including the commitment of the General Partner.

Panacea Financial: $24.5 Million Secured To Advance Banking Platform For Doctors

By Annie Baker ● Jan 16, 2024

Panacea Financial - a financial technology company dedicated to providing sophisticated services to doctors and doctors’ practices - recently announced that it has raised $24.5 million in Series B funding to drive its strategic growth among the doctor community. Valar Ventures was the sole institutional investor in the round.

Onera: Remote Sleep Diagnostic And Monitoring Solutions Company Raises Over €30 Million

By Annie Baker ● Jan 16, 2024

Onera Health - a pioneer and leader in remote sleep diagnostic and monitoring solutions enabling clinicians to conduct sleep studies anytime, anywhere - recently announced the completion of its Series C financing round. This latest funding round brings Onera’s total investment to over €55 million.

Tandem PV: Perovskite Solar Technology Company Closes $6 Million In Funding

By Annie Baker ● Jan 16, 2024

Tandem PV - a pioneering force in perovskite solar technology - recently announced it has raised an additional $6 million, bringing the total to $27 million in venture capital and government support.

Phalanx Impact Partners Invests In FinTech Company CollateralEdge

By Noah Long ● Jan 16, 2024

Phalanx Impact Partners - an innovative new investment firm dedicated to positive environmental and community change - recently announced an investment in CollateralEdge, which is a transformative FinTech solution that enables community and regional banks to structure more competitive commercial loans for underserved communities and close more deals without compromising credit quality.

HashKey Group: $100 Million Raised At $1.2 Billion Valuation

By Noah Long ● Jan 16, 2024

HashKey Group - a leading end-to-end digital asset financial services group in Asia - recently announced the completion of a Series A financing round of nearly US $100 million at a pre-money valuation above US $1.2 billion.

Oxford Medical Simulation: VR Healthcare Training Company Raises $12.6 Million

By Dan Anderson ● Jan 16, 2024

Oxford Medical Simulation (OMS) - a pioneer in VR healthcare training - announced the successful completion of a $12.6 million Series A funding round. The funding round, led by Frog Capital with follow-on capital from ACF Investors, existing shareholders, and strategic partners, marks a significant milestone in OMS' mission to revolutionize healthcare education, training, and assessment.

Quora: $75 Million Raised In New Funding Round

By Amit Chowdhry ● Jan 16, 2024

Quora CEO Adam D'Angelo has announced that it has raised $75 million in a new round of funding from Andreessen Horowitz (a16z). This funding round will accelerate the company’s AI chat platform, Poe.

Digital Infrastructure: DIMO Mobile Publisher Company Raises $11.5 Million

By Amit Chowdhry ● Jan 16, 2024

Digital Infrastructure - the publisher of DIMO Mobile and a core developer of the DIMO network - recently announced a $11.5 million Series A investment led by CoinFund to bring data-driven savings, rewards, and peace of mind to drivers and fleet owners around the globe.

Carlyle: Over $600 Million Raised For First CLO Captive Equity Fund

By Amit Chowdhry ● Jan 16, 2024

Carlyle recently announced the final close of its inaugural collateralized loan obligation (CLO) captive equity fund CLO Partners. The fund raised over $600 million, exceeding its initial $500 million target.

Doc.com Receives $300 Million And $1.3 Billion Valuation

By Amit Chowdhry ● Jan 14, 2024

Silver Rock Group recently announced that it plans to invest $300 million in equity financing in Doc.com, a decentralized telehealth platform providing free basic healthcare and health education to people worldwide. This funding round brought Doc.com’s total valuation to $1.3 billion.