Venture Capital

Heron: $16 Million Series A Closed For Automating Business Workflows

By Amit Chowdhry ● Yesterday at 3:29 PM

Heron, a startup dedicated to utilizing AI to automate workflows in business lending, equipment finance, and insurance, has announced that it has secured $16 million in Series A funding. The round was led by global software investor Insight Partners, with participation from existing investors Y-Combinator, BoxGroup, and Flex Capital. This Series A funding will fuel Heron's next phase of expansion, enabling the company to scale its AI-driven solutions across additional segments.

Covenant: $4 Million Seed Closed For Advancing AI Legal Innovation

By Amit Chowdhry ● Yesterday at 3:24 PM

Covenant, an AI law firm designed for private market investors, announced it has raised $4 million in Seed funding. The round was led by Flybridge Capital Partners, with participation from Neil Barsky, a former hedge fund manager.

Moonvalley: $84 Million Raised For Advancing Foundational AI Video Models

By Amit Chowdhry ● Jul 15, 2025

Moonvalley, an AI research company focused on AI video models trained exclusively on licensed content, has raised an additional $84 million in funding. The round was led by existing investor General Catalyst, with strategic investments from Creative Artists Agency (CAA), CoreWeave, and Comcast Ventures. Existing investors Khosla Ventures and YCombinator also participated, bringing Moonvalley's total funding to $154 million.

Asepha: $4 Million Seed Funding Raised For AI-Based Pharmacy Automation

By Amit Chowdhry ● Jul 15, 2025

Asepha, a rapidly growing startup using AI agents for pharmacy automation, has closed a $4 million seed funding round. The round was led by Glasswing Ventures and Core Innovation Capital, with participation from Panache, RedBud, MGV, and follow-on support from Ripple Ventures and Front Row Ventures.

Water Harvesting: $8 Million Series A-1 Raised For Transforming Access To Water

By Amit Chowdhry ● Jul 15, 2025

Water Harvesting (WaHa) has closed an $8 million Series A-1 financing round and undergone a corporate reorganization. The funding round was led by Chairman Mike Phillips and Board member Christian Thirion, with participation from major noteholders and investors including Berkeley Catalyst Fund, Anthropocene Institute, Vestafund, and Mitsui Mining & Smelting.

Harmonic: $100 Million Series B Secured For Advancing Mathematical Superintelligence Platform

By Amit Chowdhry ● Jul 15, 2025

Harmonic, an AI lab developing Mathematical Superintelligence (MSI), has announced a $100 million Series B funding round, valuing the company at nearly $900 million post-money. Kleiner Perkins led the round with significant participation from Paradigm. Additional investors include Ribbit Capital and existing backers such as Sequoia Capital, Index Ventures, and Charlie Cheever.

iCapital: Fintech Company Raises Over $820 Million At $7.5 Billion Valuation

By Amit Chowdhry ● Jul 15, 2025

iCapital, a global fintech company, has completed its latest financing round, raising over $820 million. Co-led by accounts advised by T. Rowe Price Associates, Inc. and T. Rowe Price Investment Management, along with SurgoCap Partners, this round brings iCapital's valuation to over $7.5 billion.

Vellum: $20 Million Series A Raised For Enterprise Development Platform

By Amit Chowdhry ● Jul 15, 2025

Vellum, a leading enterprise platform for building, testing, and deploying mission-critical AI products, has announced a $20 million Series A funding round. The round was led by Leaders Fund, with participation from Socii Capital and returning investors Y Combinator, Rebel Fund, Pioneer Fund, and Eastlink Capital.

Aqtual: Over $30 Million Raised For Precision Medicine

By Amit Chowdhry ● Jul 15, 2025

Aqtual, a precision medicine company developing products for chronic diseases and oncology, has raised $31 million in Series B funding. The oversubscribed round saw new investors, including Bold Capital and Bold Longevity Growth Fund, join existing investors Genoa Ventures, Manta Ray Ventures, and Yu Galaxy. A strategic diagnostics investor also contributed, boosting Aqtual's ability to advance its novel active chromatin cell-free DNA (cfDNA) platform towards commercializing its first flagship product: a therapy response prediction test for rheumatoid arthritis (RA).

Propel Venture Partners: $100 Million Fund V Closed

By Amit Chowdhry ● Jul 15, 2025

Propel Venture Partners, a seed-stage venture capital firm, has closed its Fund V with $100 million in commitments, bringing its total raised to over $436 million. Co-led by Jay Reinemann and David Mort, Propel focuses on early-stage investments in the intersection of technology and financial services, as well as crucial horizontal technologies.

Tomoverse Imaging: $5 Million Seed Funding Raised For Advanced CT Imaging Platform

By Amit Chowdhry ● Jul 15, 2025

Tomoverse Imaging, a medical software company specializing in advanced CT imaging for structural heart interventions, has successfully closed a $5 million Seed funding round, led by a Canadian Family Office.

Airalo: $220 Million Raised At Over $1 Billion Valuation For eSIM Technology

By Amit Chowdhry ● Jul 15, 2025

Airalo, the world's largest eSIM provider, has secured a $220 million investment led by new investor CVC, valuing the company at over $1 billion. This funding marks Airalo as the industry's first "unicorn" and will accelerate its rapid expansion, already serving over 20 million travelers across 200+ destinations.

Chariot: $3.6 Million Raised To Scale Corporate Justice

By Amit Chowdhry ● Jul 15, 2025

Chariot Claims, a newly rebranded legal-tech startup, has announced a $3.6 million seed funding round led by Indicator Ventures. This investment will support the launch and growth of Chariot's advanced web platform, which aims to make corporate justice scalable.

Slate Buys $226.5 Million Sunbelt Multifamily Portfolio

By Amit Chowdhry ● Jul 15, 2025

Slate Asset Management, a global investor in essential real estate and infrastructure, has agreed to acquire a six-property, 1,600-unit multifamily portfolio for $226.5 million. These properties are located in the rapidly growing Sunbelt markets of Florida, Georgia, and Arizona.

Novenda: $6.1 Million Raised To Transform Dental 3D Printing

By Amit Chowdhry ● Jul 15, 2025

Novenda Technologies, a startup leveraging AI agents for pharmacy automation, has announced $6.1 million in funding. This investment, led by Glasswing Ventures and Core Innovation Capital, aims to transform dental product manufacturing using their multi-material 3D printing technology. This solution aims to make high-quality, aesthetic, accessible, and affordable dental care a reality for the nearly 3.5 billion people worldwide who struggle with oral diseases.

Wefox: €151 Million Raised For Insurtech Platform

By Amit Chowdhry ● Jul 15, 2025

Wefox has successfully secured €151 million in funding, comprising a €76 million capital raise from existing investors and a €75 million refinancing of an existing credit facility from Searchlight Capital Partners’ credit fund, Searchlight Opportunities Fund II. This funding follows a successful business restructuring, including the sale of wefox Insurance AG (Liechtenstein) and its Italian entities, positioning wefox for full-year profitability in 2025.

Insomnia Labs Raises $12 Million And Launches CreatorFi

By Amit Chowdhry ● Jul 15, 2025

Insomnia Labs, a leader in blockchain infrastructure and financial technology, has launched CreatorFi, an Avalanche-based platform offering stablecoin-based credit for digital creators. Debuting with a $12 million credit facility from Kamui Finance and other investors, CreatorFi aims to transform creator funding by providing fast, flexible advances against future earnings, integrated directly into existing creator platforms.

Merit Financial Advisors: Minority Investment Raised From Constellation Wealth Capital

By Amit Chowdhry ● Jul 15, 2025

Merit Financial Advisors, an Atlanta-based national wealth management firm with $19.94 billion in assets under advisement, has announced a strategic minority investment from Constellation Wealth Capital (CWC). CWC is an alternative asset management platform focused on supporting the long-term growth of independent wealth management firms.

Foundation EGI: $23 Million Series A Raised For Advancing Manufacturing AI

By Amit Chowdhry ● Jul 15, 2025

Foundation EGI, the developer of the world's first Engineering General Intelligence (EGI) platform, has announced an oversubscribed $23 million Series A funding round, bringing its total funding to over $30 million. This investment will accelerate the company's mission to transform manufacturing bottlenecks into breakthroughs using domain-specific AI. The round was led by Translink Capital, with participation from RRE Ventures, McRock Capital, Escape Investment Management (Jim Scapa), Fifth Growth Fund, and returning backers including E14 Fund, UNION, GRIDS Capital, and Henry Ford III.

Microsoft Investing Over $4 Billion For AI Education

By Amit Chowdhry ● Jul 15, 2025

Microsoft is launching Microsoft Elevate and the AI Economy Institute to ensure that, as AI transforms the world, people are equipped with the skills and tools to thrive. This initiative focuses on "putting people first" as AI becomes increasingly personal for students, teachers, and business owners.

Ionic: $29 Million Series B Raised For Advanced Materials Platform

By Amit Chowdhry ● Jul 15, 2025

Ionic Mineral Technologies (Ionic MT), a U.S. producer of advanced materials for the energy, defense, and technology sectors, has closed an oversubscribed $29 million Series B financing round. The funding, which exceeded its $25 million target, signals strong investor confidence in Ionic MT's goal to establish a secure, domestic supply chain for critical battery components.

CoRegen: Over $93 Million Raised For Developing New Cancer Treatments

By Amit Chowdhry ● Jul 15, 2025

CoRegen - a biopharmaceutical company developing new treatments for aggressive cancers - announced it has successfully closed a $93.39 million financing round. This funding round will advance the company's chemistry, manufacturing, and controls (CMC) development and enable the initiation of a Phase 1/2 clinical trial in the first half of 2026.

Layer: $6.6 Million Seed Funding Raised For Embedded Accounting Platform

By Amit Chowdhry ● Jul 15, 2025

Layer, a leading embedded accounting platform for small and medium-sized business (SMB) software, today announced it has raised $6.6 million in seed funding. The round was led by Emergence Capital, with participation from Better Tomorrow Ventures (BTV).

Carnegie Mellon University Highlights Energy Startups

By Amit Chowdhry ● Jul 15, 2025

Carnegie Mellon University (CMU) is known as a hub for energy innovation, with startups emerging from its research to address critical issues in the power grid, climate technology, and energy efficiency.

Mitchell Capital: Controlling Interest In Digital Twin Company Optelos Acquired

By Amit Chowdhry ● Jul 15, 2025

Private equity firm Mitchell Capital has acquired a controlling interest in Optelos, a company specializing in digital twin platforms and intelligent asset assurance solutions for critical infrastructure.

TROOPS TO Buy 49% Of WORK

By Amit Chowdhry ● Jul 15, 2025

TROOPS announced its subsidiary, Giant Connection Limited, plans to acquire 49% of WORK, Inc., a co-working space operator in Taiwan, with an option to buy the remaining 51% later.

TitanFile: Growth Investment Raised From SEVA

By Amit Chowdhry ● Jul 15, 2025

TitanFile, a top secure file-sharing and client collaboration platform, announced it has received a significant minority growth investment from SEVA Growth.

BondCliQ: Investment Raised From FactSet

By Amit Chowdhry ● Jul 15, 2025

BondCliQ - a provider of consolidated corporate bond quotes - announced it has secured a lead investment from FactSet Research Systems.

Island: JPMorgan Growth Equity Joins Series E Round

By Amit Chowdhry ● Jul 15, 2025

J.P. Morgan Growth Equity Partners has invested in Island's Series E funding round, recognizing the transformative potential of Island's Enterprise Browser, particularly within the financial services sector.

Lorient: $500 Million Fund III Raised For Investing In Healthcare Startups

By Amit Chowdhry ● Jul 15, 2025

Lorient Capital, a healthcare-focused investment firm, announced it has successfully closed Lorient Healthcare Fund III with $500 million in commitments, surpassing its $350 million target. The fund, which closed on June 30th, was oversubscribed.