Venture Capital

Fresha: Beauty And Wellness Marketplace Company Raises $31 Million Raised

By Amit Chowdhry ● Aug 28, 2024

Fresha, a leading marketplace platform for beauty and wellness, announced it has secured a $31 million venture debt facility from J.P. Morgan. This funding round will accelerate Fresha's expansion into new markets and drive the growth of its machine-learning capabilities and AI-powered robotics, advancing its innovative all-in-one platform.

eXeX: $5.8 Million (Seed) Raised To Optimize Surgical Procedures

By Amit Chowdhry ● Aug 28, 2024

eXeX, a medical technology company utilizing AI and spatial computing to optimize surgical procedures, announced the closing of a $5.8 million seed round.

pgEdge: $10 Million Raised To Advance Distributed PostgreSQL Platform

By Amit Chowdhry ● Aug 27, 2024

pgEdge, a leading company dedicated to distributed PostgreSQL, announced today a $10 million investment to accelerate its growth and further its distributed Postgres technology. The investment round is led by Rally Ventures, with additional contributions from existing investors Sands Capital Ventures and Grotech Ventures.

Linker Finance: $3.7 Million (Seed) Raised To Empower Community Banks With Digital Solutions

By Amit Chowdhry ● Aug 27, 2024

Linker Finance - a platform that enables community banks to take back control of their digital banking experience through a secure and holistic mobile and online digital banking platform - announced it has successfully raised $3.7 million in seed financing. The funding round was led by Ten One Ten Ventures and Chingona Ventures. Additional investors that joined included investments from Audaz Capital, Techstars, Commerce Ventures, Bank of Brodhead, and Angeles Investors, with support from angel investors including Edrizio de la Cruz, Ahmed Mirza, Michael Olson, and Roberto Medrano.

DEFCON AI: Defense Tech Raises $44 Million (Seed)

By Amit Chowdhry ● Aug 27, 2024

DEFCON AI, an insights company building a next-generation modeling, simulation, and analysis (MS&A) toolset for the modern military environment, announced that it had raised $44 million in Seed funding. This funding round was led by Bessemer Venture Partners with participation from Fifth Growth Fund and Red Cell Partners, etc.

HomeLight: Real Estate Tech Platform Secures $20 Million (Series D Extension)

By Amit Chowdhry ● Aug 27, 2024

HomeLight, a real estate technology platform powering innovative transactions for top agents, lenders, and their clients, announced $20 million of new funding supporting the expansion of its flagship financial product Buy Before You Sell to lenders and agents across 40 new states. This Series D extension was led by Zeev Ventures, with participation from Stereo Capital and Menlo Ventures, and others.

Harmonyze: Over $2 Million (Pre-Seed) Raised To Automate Compliance And Legal Tasks

By Amit Chowdhry ● Aug 27, 2024

Harmonyze (previously known as Legal Hat) - which is an AI-first platform designed to increase franchisor's profit margins - announced the closing of over $2 million in pre-seed funding. The fundinground was led by Bowery Capital, with participation from Focal.VC, and individual investors that include CXOs at franchisors, AI companies, and private equity firms.

Siepe: $30 Million (Series B) Raised To Advance Private Credit Platform

By Amit Chowdhry ● Aug 27, 2024

Siepe, a provider of software and technology-enabled services for private credit and CLO managers, announced it has raised $30 million in a Series B funding round led by WestCap, a strategic operating and investing firm with $6 billion in assets under management (AUM). This funding will drive a multi-product roadmap, expand AI/ML capabilities, and strengthen strategic partnerships.

Accession Risk Management: $1 Billion Raised To Advance Risk Strategies

By Amit Chowdhry ● Aug 27, 2024

Accession Risk Management Group (Risk Strategies and One80 Intermediaries's parent company comprising North America’s ninth-largest privately held insurance broker) announced it had closed a $1 billion incremental debt raise and refinancing. This funding will accelerate a growth trajectory driven by the continued acquisition of leading specialty brokerages and targeted organic expansion.

Fortera: Materials Technology Company Secures $85 Million (Series C)

By Amit Chowdhry ● Aug 27, 2024

Advanced materials company Fortera announced it secured $85 million in Series C funding to scale the deployment of its low-carbon cement technology that integrates with existing infrastructure. This funding round included participation from previous investors Khosla Ventures and Temasek, and first-time investments from Wollemi Capital, NOVA by Saint-Gobain, Presidio Ventures, and Alumni Ventures.

Clarium: Healthcare Technology Company Raises $10.5 Million

By Amit Chowdhry ● Aug 27, 2024

Clarium, a healthcare technology company transforming hospital supply chain operations, announced a $10.5 million strategic funding round. This investment was led by General Catalyst, with backing from Kaiser Permanente Ventures, Texas Medical Center Venture Fund, Yale New Haven Health, and existing investors AlleyCorp, 1984 Ventures, Alumni Ventures, and others. The funding brings Clarium’s total capital raised to date to $16 million.

Swift Current Energy Raises Tax Equity Investment From Google

By Amit Chowdhry ● Aug 27, 2024

Swift Current Energy announced that it has closed on a tax equity investment from Google for its landmark 800 MWdc (593 MWac) Double Black Diamond Solar project in southern Illinois. After becoming operational, Double Black Diamond Solar is expected to be the largest solar project east of the Mississippi River.

trumpet: Digital Sales Room Company Raises $6.35 Million (Seed)

By Amit Chowdhry ● Aug 27, 2024

Digital sales room and customer onboarding company trumpet announced it has raised $6.35 million in a competitive seed funding round led by AlbionVC. The company’s previous investors Lightbird Ventures, Anamcara Capital and Triple Point Ventures also contributed to the round, enabling trumpet to expand to the US and advance revenue intelligence signals powered by AI and machine learning which are generated using the millions of proprietary data points trumpet is collecting throughout sales cycles.

truCurrent: Microgrid And Mobility Company Raises $37.5 Million

By Amit Chowdhry ● Aug 27, 2024

Distributed Sun (DSUN) announced $37.5 million of new working capital to spin out and ramp operations of its New Energy Investment Company (NEIC) truCurrent. With 15 years of best practice leadership, business model innovation, and proven consistent asset yield performance, truCurrent provides large fleet and facility operators – the know-how to make and execute better energy choices, mitigate operating and financial risks, and realize best-value, bottom-line rewards from smart energy transitions.

Lumos: $144 Million Raised To Expand Into Kentucky

By Amit Chowdhry ● Aug 27, 2024

Lumos - a leading fiber-optic Internet and total home Wi-Fi service provider in the Mid-Atlantic - announced its expansion into the state of Kentucky with a nearly $150 million investment to build 1,300+ miles of its network in areas of Jefferson County and Louisville.