Venture Capital

AQEMIA Increases Series A Funding To €60 Million

By Annie Baker ● Jan 30, 2024

AQEMIA is a company that is continuing to grow rapidly in an effort to discover new drugs with their generative-AI fueled by deep physics. After raising €30 million last year, the tech-enabled drug discovery company announced it has received an additional €30 million investment, which brings the Series A funding round to €60 million.

Afton Scientific Raises Majority Investment From Arlington Capital Partners

By Annie Baker ● Jan 30, 2024

Arlington Capital Partners, a Washington D.C.-area private investment firm specializing in government-regulated industries, announced a majority investment in Afton Scientific, a leading contract, development, and manufacturing organization (CDMO) dedicated to the sterile manufacturing of injectable pharmaceuticals.

TeleSafety Raises Seed Funding Round Led By Launch NY

By Dan Anderson ● Jan 30, 2024

TeleSafety (by Safety Badger) recently announced a round of Seed Funding led by Launch NY, which provides mentoring and access to risk capital for high-growth startups.

Vital Interaction: Healthcare Technology Company Secures $15 Million

By Annie Baker ● Jan 30, 2024

Vital Interaction - a healthcare technology company that combines healthcare data, business intelligence, and workflow automation - announced the closing of $15 million in Series A funding led by Next Coast Ventures.

AcuraStem: Patient-Based Drug Discovery Platform Company Secures $7 Million

By Noah Long ● Jan 30, 2024

AcuraStem - a patient-based biotechnology company advancing treatments for amyotrophic lateral sclerosis (ALS), frontotemporal dementia (FTD), and other neurodegenerative diseases - announced that it has successfully raised nearly $7 million in grant funding for ALS / FTD research from the National Institutes of Health (NIH) and the Department of Defense (DOD).

Wisedocs: Medical Record Review SaaS Company Secures $12.7 Million

By Annie Baker ● Jan 30, 2024

Wisedocs - a machine learning software-as-a-service (SaaS) for medical record review, indexing, and summarization announced it has raised $9.5 million ($12.7 million CAD) in oversubscribed Series A financing.

Acadian Ventures: $30 Million Fund II Closed To Invest In Next-Gen Technologies

By Amit Chowdhry ● Jan 30, 2024

Acadian Ventures - an early-stage venture capital firm - announced the successful close of its second fund on an oversubscribed $30 million in capital commitments.

Woods Hole Oceanographic Institution: $25 Million Gift Received To Search For Ocean-Based Climate Solutions

By Amit Chowdhry ● Jan 30, 2024

The Woods Hole Oceanographic Institution (WHOI) announced a $25 million gift to support ocean-based climate solutions from the chair of the Institution’s board of trustees, Paul Salem. This gift comes as it has been the warmest year on record and faces the possibility of rapid and unregulated efforts to mitigate climate change.

Gilead To Invest $320 Million In Arcus

By Noah Long ● Jan 30, 2024

Gilead Sciences and Arcus Biosciences announced an amendment to their collaboration agreement and a separate equity investment by Gilead of $320 million in Arcus common stock at $21 per share. The equity investment and collaboration amendment enable accelerated growth of the companies’ joint development programs that span multiple indications.

MediaValet To Be Acquired In $80 Million Deal: Details

By Dan Anderson ● Jan 30, 2024

Drop Mobility Raises Growth Funding From Decathlon Capital Partners

By Annie Baker ● Jan 29, 2024

Drop Mobility - a rapidly growing e-bike share company that enables cities to purchase or lease e-bikes - has raised a growth funding package from Decathlon Capital Partners to support its continued expansion. The details of the revenue-based investment package were not disclosed.

Optym Raises Strategic Funding From Venture 53 To Make Transportation Operations Efficient

By Annie Baker ● Jan 29, 2024

Venture 53 - a pure-play industry-focused transportation and logistics fund - announced its strategic investment in Optym, a trailblazer in optimization solutions for the transportation industry. The funding comes as a testament to Optym's unparalleled leadership in transportation optimization as acknowledged by industry expert and Venture 53 Co-Founder Pat Martin.

Polycorp Raises Majority Investment From Arsenal Capital Partners

By Dan Anderson ● Jan 29, 2024

Arsenal Capital Partners (a private equity firm that specializes in investments in industrial and healthcare companies) announced that it has completed a majority investment in Polycorp Ltd., which is a leading manufacturer of engineered elastomer solutions. The terms of the deal were undisclosed.

Arlington Capital Partners: $3.8 Billion Oversubscribed Round Closed

By Amit Chowdhry ● Jan 29, 2024

Arlington Capital Partners - a Washington, D.C.-area private investment firm specializing in government-regulated industries - announced the successful close of its latest fund, Arlington Capital Partners VI (Fund VI). Fund VI closed at its hard cap with total capital commitments of $3.8 billion, exceeding the $3.25 billion target.

Fubo Invests In BKFC And Will Stream BKFC 57 Live On February 2

By Annie Baker ● Jan 29, 2024

FuboTV (d/b/a Fubo) - the leading sports-first live TV streaming platform - has made a minority investment in Bare Knuckle Fighting Championship (BKFC), the world’s fastest-growing combat sports promotion, through an investment announced by the companies today. And Fubo Co-founder and CEO David Gandler will also join BKFC’s board of directors.

TCW Launches Dedicated Asset-Backed Finance Business At Over $1 Billion

By Dan Anderson ● Jan 29, 2024

The TCW Group - a leading global investment firm with over $200 billion of assets under management - announced the launch of a dedicated Asset-Backed Finance (ABF) business anchored with over $1 billion in capital commitments from TCW, partners, and affiliates.

flyExclusive Raises $25 Million Strategic Investment from ETG FE, LLC

By Annie Baker ● Jan 29, 2024

flyExclusive - a publicly-traded provider of premium private jet charter experiences - announced the execution of a two-year revolving credit facility for up to $25.8 million with ETG FE LLC, an investment vehicle managed by EnTrust Global.

Peachtree Group: $750 Million In CPACE Financing Nearly Complete

By Amit Chowdhry ● Jan 29, 2024

In December, Peachtree Group achieved a significant milestone by securing $150 million in Commercial PACE (CPACE) financing, approaching $750 million completed since its inception in 2019. For the year, Peachtree Group completed 23 commercial property-assessed clean energy financing transactions across the U.S. for approximately $250 million in directly originated and balance-sheet-funded CPACE financing.

Compa: Offers-Based Compensation Market Data Company Raises $10 Million

By Amit Chowdhry ● Jan 29, 2024

Compa - a leading offers-based compensation market data provider - announced that it has raised a $10M Series A to bring real-time market intelligence to compensation decisions for the world’s largest and fastest-growing companies. Storm Ventures led the funding round with participation from Penny Jar Capital, HR Tech Investments (an affiliate of Indeed), NJP Ventures, Base10 Partners, and Acadian Ventures.

KSL Capital Partners: Over $3 Billion Continuation Vehicle Closed For Alterra Mountain Company

By Amit Chowdhry ● Jan 29, 2024

KSL Capital Partners (a leading investor in travel and leisure businesses) announced the final closing of a single-asset continuation vehicle for Alterra Mountain Company, with total commitments of over $3 billion, including the commitments of the General Partner and rollover investors.

Rokt: $17.6 Million Raised And New HQ Expansion

By Noah Long ● Jan 29, 2024

Rokt - a leading e-commerce technology company using machine learning and AI to make transactions more relevant to each shopper - announced an investment of $17.6 million to expand operations at its headquarters in New York City. And to accommodate its growing workforce, Rokt will lease an additional 34,000 square feet of space at 175 Varick Street, bringing its total occupancy in the building to over 100,000 square feet.

Mesh: Embedded Financial Solution Company Raises Funding From PayPal Ventures

By Amit Chowdhry ● Jan 29, 2024

Mesh, a modern embedded finance solution that seamlessly makes digital asset transfers and account aggregation, announced an investment from PayPal Ventures. This funding helps reinforce Mesh's position as a leading player in embedded finance and highlights PayPal's commitment to fostering innovation in the digital payments landscape.

Carry1st: Strategic Investment From Sony Innovation Fund Raised

By Dan Anderson ● Jan 29, 2024

Carry1st - Africa’s leading game publisher and digital commerce platform - announced a strategic investment by Sony Innovation Fund, the venture capital arm of Sony Group Corporation. Carry1st is the inaugural investment out of Sony Innovation Fund: Africa - which was established by Sony as an initiative to support the growth of entertainment businesses in Africa.

Sema4.ai: $30.5 Million Secured To Build Intelligent Agents For Helping Knowledge Workers

By Noah Long ● Jan 29, 2024

Sema4.ai aims to build intelligent agents that transform how knowledge workers collaborate with AI. Led by open-source pioneers and fueled by $30.5 million from investors, including Benchmark, Mayfield, and Canvas Ventures, Sema4.ai is ready to become the leader in the $88 billion autonomous agent market.

akirolabs: Procurement Technology Company Raises $5 Million

By Noah Long ● Jan 29, 2024

akirolabs - a Berlin-based ProcureTech startup enabling enterprises worldwide to augment strategic procurement processes - announced that it has raised $5 million in its recent seed funding round. The investors in this round included HTGF, OTB Ventures, D11Z. Ventures, and Switzerland's Serpentine Ventures, alongside angel investments from industry leaders such as Fredrick Spalcke (ex-CPO of Phillips & Huawei), Heiko Schwarz (CEO of riskmethods), Markus Ehrle (VP and General Manager EMEA at ServiceNow), and Detlef Schultz (former CEO of the Vodafone Procurement Company).

Bridgepoint Strategically Invests In Kerv Group

By Annie Baker ● Jan 29, 2024

Bridgepoint announced that Bridgepoint Development Capital IV (BDC IV), a fund focused on investing in mid-market growth businesses, strategically invested in next-generation cloud and digital transformation services provider Kerv Group.

Vertical Aerospace Founder Backing Company With $50 Million Investment Commitment

By Annie Baker ● Jan 29, 2024

Vertical Aerospace (a global aerospace and technology company pioneering zero-emissions aviation) recently announced that it has secured $50 million in committed funding from founder, majority owner, and CEO Stephen Fitzpatrick. This investment provides the platform for further funding rounds.

Kao Data: Digital Infrastructure Solutions Company Raises £206 Million

By Annie Baker ● Jan 29, 2024

Kao Data - a specialist developer and operator of data centers engineered for AI and advanced computing - announced it had completed a new £206 million debt raise, with an accompanying accordion facility extendable to £356 million, via one of the world's leading lenders to the data center sector, Deutsche Bank.

ATTUNE: Engagement Banking Platform Raises $2.225 Million

By Dan Anderson ● Jan 29, 2024

ATTUNE (formerly known as Lendsmart) has announced the successful closure of its seed funding round, raising $2.225 million. This milestone marks the company's evolution from a primarily lending-oriented organization to an all-encompassing Engagement Banking Platform, enabling financial institutions to digitize their service lines and intelligently engage with customers at key moments.

Monta: EV Charging Company Closes €80 Million In Series B

By Annie Baker ● Jan 29, 2024

Monta - an operating platform powering the EV charging ecosystem - announced the closing of its €80 million Series B round, bringing the company’s total funding to €130 million in just three years. And Energize Capital co-led the round with GreenPoint Partners and Denmark’s state-backed Export and Investment Fund. The Series B also included participation from returning investors Headline, byFounders, AENU, and Creandum and new investor Quantum Light.