Venture Capital

Voiceflow: $15 Million Raised From OpenView Venture Partners

By Amit Chowdhry ● Aug 16, 2023

Voiceflow - which is the industry’s first and leading collaboration platform for building AI agents - recently announced it had closed a $15 million round of financing led by OpenView, a leading venture capital firm focused on business software. And with this funding round, Voiceflow will amplify its commitment to product innovation while helping conversational AI product teams design, test, and launch AI agents for customer support.

MacroFab: $20 Million Growth Capital Secured From Trinity Capital

By Dan Anderson ● Aug 16, 2023

Trinity Capital - a leading provider of diversified financial solutions to growth-stage companies - recently announced the commitment of $20 million in growth capital to MacroFab, the comprehensive manufacturing platform for building electronics from prototype to high-scale production.

Dioxycle: $17 Million Raised To Turn Carbon Dioxide Emissions Into Sustainable Chemicals

By Annie Baker ● Aug 16, 2023

Dioxycle - a French-American start-up that transforms carbon dioxide emissions into high-value, sustainable chemicals - recently announced the successful closure of its Series A funding round of $17 million. The funding round was co-led by renowned climate tech investors Lowercarbon Capital and Breakthrough Energy Ventures Europe (BEV-E), with participation from Gigascale Capital. This funding round propels Dioxycle into an exciting new development phase towards a first-of-its-kind industrial-emission-busting demonstrator.

Futureverse And Outlier Ventures Launch Accelerator Program

By Amit Chowdhry ● Aug 16, 2023

As part of a strategic collaboration, Futureverse (a leading AI and metaverse technology and content company) and Outlier Ventures (the leading global web3 investor and accelerator by volume) announced the launch of the Futureverse Base Camp accelerator. This program, which will receive funding from the recently announced Born Ready, a venture fund and studio created by the co-founders of Futureverse, will select a cohort of leading early-stage startups building across The Root Network, a public decentralized blockchain network optimized for metaverse apps and experiences. And the program will provide the chosen teams with a virtual 12-week program filled with support from world-class experts. Starting in January 2024, this program marks a significant leap in supporting creators, innovators, and communities shaping the future of the open metaverse.

Kivera: Cloud Security Company Raises $3.5 Million

By Amit Chowdhry ● Aug 16, 2023

Kivera recently announced it had raised $3.5 million in seed funding from General Advance, Round 13 Capital, and several angel investors, including Srinath Kuruvadi, Managing Director and Head of Cloud Security, JP Morgan & Chase; Ely Kahn, VP Product for Cloud Security and AI/ML at SentinelOne; Dimitri Sirota, Founder and CEO of BigID; and other senior executives from Amazon, Google, Shift5, ServiceNow, and Zscaler. With the funding, Kivera will invest in new talent as it moves its headquarters from Sydney, Australia, to New York City.

Kriya Therapeutics: $430 Million Round Closed To Deliver Gene Therapies For Prevalent Diseases

By Amit Chowdhry ● Aug 15, 2023

Kriya Therapeutics - a biopharmaceutical company developing gene therapies for conditions affecting millions of people around the world - recently announced the addition of over $150 million in capital committed as part of its Series C Financing, bringing the total Series C round to over $430 million. The proceeds from the funding will support the clinical translation of Kriya’s broad pipeline of gene therapies and the continued scaling of its engineering, computational and manufacturing platforms.

Nexo Therapeutics: Small Molecule Oncology Company Secures $60 Million

By Annie Baker ● Aug 15, 2023

Nexo Therapeutics recently emerged from stealth with a $60 million Series A financing led by founding investor Versant Ventures with participation from New Enterprise Associates and Cormorant Asset Management. And the company also announced a multi-year strategic research collaboration with The University of Texas MD Anderson Cancer Center.

Eagle Merchant Partners: Fund I Closed At $265 Million

By Amit Chowdhry ● Aug 14, 2023

Eagle Merchant Partners - a private equity firm investing in lower middle-market franchise, consumer, and industrial companies - recently announced the closing of its inaugural fund, Eagle Merchant Partners I, L.P. The fund had closed with over $265 million, which was well more than its initial target.

K4Connect: $8.9 Million Closed To Provide Enterprise Technologies For Senior Living Communities

By Dan Anderson ● Aug 14, 2023

K4Connect - a leading provider of enterprise technologies for senior living communities - recently announced it raised $8.9 million in a new investment round co-led by Bryce Catalyst and AVP (AXA Venture Partners), with continuing support from other existing investors, including Intel Capital, Forté Ventures, Topmark Partners, and the Ziegler-Linkage Fund. This latest funding round brings the company's total funding raised to $39 million and will be used for driving further adoption in the senior living market while continuing to rapidly advance its patented FusionOS integration technology and K4Community Engagement Suite.

Ossium Health: $52 Million Raised To Develop First Bank Of On-Demand Bone Marrow

By Amit Chowdhry ● Aug 14, 2023

Ossium Health - a bioengineering company developing the world's first bank of on-demand bone marrow - recently announced a $52 million Series C funding round. The funding round was led by CPMG, with participation from Vivo Capital, First Round Capital, Manta Ray Ventures, Alumni Ventures, and Asahi Kasei. And the company is improving the health, vitality, and longevity of human beings through bioengineering and will deploy this funding to grow its proprietary bone marrow bank dramatically, build on existing clinical trials, and accelerate new product development.

Solink: $60 Million Secured To Grow Physical Security For Businesses

By Annie Baker ● Aug 14, 2023

Solink - a leading physical security company for businesses - recently announced it has closed $60 million in a Series C investment round. This funding round was led by the Growth Equity business within Goldman Sachs Asset Management with participation from the company’s existing investors, OMERS Ventures and BDC IT Ventures. And the investment from Goldman Sachs comes from its recently launched $5.2 billion growth equity fund, dedicated to investing in high-growth businesses with strong market positioning and durable business models.

Valhalla Ventures: $66 Million Fund I Launches To Invest In Deeptech And Gaming Companies

By Amit Chowdhry ● Aug 14, 2023

Valhalla Ventures - an early-stage venture capital firm - recently announced its debut $66 million flagship fund to invest in audacious innovators challenging the status quo across deeptech and gaming. And the firm is committed to supporting entrepreneurs who are unafraid to question consensus views and push the boundaries of science and engineering.

Goodwater: Over $1 Billion Raised For Supporting Consumer Technology Companies

By Amit Chowdhry ● Aug 14, 2023

Goodwater - one of the largest venture capital fund exclusively focused on consumer tech investments - recently announced that it has raised over $1 billion across its family of early and growth-stage funds. And with this raise, Goodwater accelerates its mission to empower exceptional entrepreneurs everywhere to change the world for good. With a consumer tech focus and global reach, the firm has backed 79 early and growth-stage startups in 19 countries worldwide.

Nirvana Water Sciences: Wellness Beverage Company Closes $2.625 Million In Funding

By Noah Long ● Aug 14, 2023

Nirvana Water Sciences - an innovative wellness and functional beverage company - recently announced a further investment of $2.625 million by Flagstaff International and other current investors. This funding round will fuel the growth of Nirvana's new functional spring waters and seltzers in traditional retail and support a new joint venture with Inspire Health Alliance, LLC, a pioneering healthcare service network with more than 1,500 physicians and surgeons across the U.S.

Ennabl: Insurtech Data Analytics Company Raises $8 Million

By Dan Anderson ● Aug 14, 2023

Ennabl - a leading Insurtech data analytics platform - recently announced the successful completion of its Series A funding at $8 million. This funding round will accelerate the company's growth and expand its market reach.

AsclepiX Therapeutics: $10 Million Raised For Advancing Phase 1/2a Clinical Study of AXT107

By Annie Baker ● Aug 14, 2023

AsclepiX Therapeutics - a clinical-stage biotech company leveraging computational biology from Johns Hopkins to identify and develop peptides for improved treatments of retinal diseases - recently announced that it has secured a $10 million Series A-3 financing.

Disprz: AI-Powered Learning And Skilling Suite Company Closes $30 Million

By Dan Anderson ● Aug 13, 2023

Disprz - an AI-powered learning and skilling suite - recently announced it had raised $30 million in its Series C funding round led by Lumos Capital and 360 ONE Asset (IIFL), with participation from Kae Capital, KOIS, & Dallas Venture Capital.

Persist AI: $4 Million Secured To Rapidly Accelerate Drug Formulation

By Annie Baker ● Aug 13, 2023

Persist AI - an AI-driven pioneer in drug formulation - recently announced the closing of an oversubscribed $4M financing round following their completion of Y Combinator, the renowned startup accelerator. And the funding round was led by 2048 Ventures with the participation of Innospark Ventures, Fellows Fund, Y Combinator, Pioneer Fund, and others.

GroGuru: Water Management Company Raises $2.3 Million In Funding

By Noah Long ● Aug 13, 2023

GroGuru - a leader in strategic water management for commercial farmers, today announced the completion of a Series Seed A financing round with $2.3 million in funding. This funding round was co-led by Cove Fund and Impact Venture Capital.

Ubicept: Computer Vision Technology Company Closes $8 Million

By Noah Long ● Aug 13, 2023

Computer vision technology company Ubicept recently announced it has secured $8 million in funding. Ubiquity Ventures and E14 Fund led the oversubscribed seed investment round with participation from Wisconsin Alumni Research Foundation, Phoenix Venture Partners (PVP), and several other investors and angel contributors.

Akooda: Operations Intelligence Platform Closes $11 Million In Funding

By Dan Anderson ● Aug 13, 2023

Operations Intelligence platform company Akooda recently announced $11 million in seed funding from NFX, Atlassian Ventures, Village Global, Founder Collective, and others. Akooda’s platform utilizes AI to effectively locate, access, and analyze critical data scattered across an organization and help solve business challenges in real-time. The company plans to use the funding to develop its product suite further and expand its customer base.

AppHub: E-Commerce Enablement Company Raises $95 Million

By Annie Baker ● Aug 13, 2023

AppHub - an e-commerce enablement platform serving merchants across e-commerce platforms like Shopify, WooCommerce, and BigCommerce - recently announced a $95 million strategic growth investment from PSG. PSG joins existing investor Silversmith Capital Partners, which will continue its partnership with AppHub.

MindsDB: $46.5 Million In Total Seed Raised After Securing Funding From NVIDIA’s VC Arm

By Amit Chowdhry ● Aug 13, 2023

MindsDB - an artificial intelligence virtual database enabling the creation of the next wave of AI-centered applications - recently announced an investment from NVentures (NVIDIA’s venture capital arm), raising total seed funding at $46.5 million.

Ozlo Sleep: $10 Million Funding And Sleepbuds Product On The Way

By Noah Long ● Aug 12, 2023

Ozlo Sleep - a science-driven sleep and audio technology company - recently emerged from stealth today with plans to launch Ozlo Sleepbuds, a revolutionary headphone explicitly designed for sleep. And Ozlo aims to clinically enhance rest without pharmaceutical intervention to improve both wakefulness and the quality of mental and physical well-being. Ozlo’s Sleepbuds will launch later this summer after completing a $10 million Series A funding round led by LifeArc Ventures and ARTIS Ventures last fall.

Resilience: Cyber Risk Solution Company Secures $100 Million To Accelerate Global Expansion

By Amit Chowdhry ● Aug 12, 2023

Resilience recently announced a $100 million equity financing round to accelerate its global expansion and scale the adoption of its holistic cyber risk platform, the Resilience Solution - which launched earlier this year. And the Series D round was led by Intact Ventures, an affiliate of Resilience’s primary capacity provider, Intact Insurance’s underwriting companies, with participation by Lightspeed Venture Partners along with General Catalyst and Founders Fund.

Intellum: Enterprise Learning Management Company Secures $25 Million

By Annie Baker ● Aug 12, 2023

Intellum - a leading enterprise learning management system - recently announced a $25 million minority growth investment from Guidepost Growth Equity. This partnership is going to accelerate the company's product development, go-to-market, and key hiring initiatives and enhance its ability to deliver a new class of product targeting the two biggest challenges facing business education initiatives today: scaled content and engagement.

TytoCare: Virtual Care Company Raises $49 Million

By Annie Baker ● Aug 11, 2023

TytoCare - a virtual care company enabling leading health plans and providers to deliver accessible and high-quality primary care from home - recently announced that it has raised $49 million in additional growth funding. This new funding round brings the company’s total funding to $205 million to date.

VenoStent: $16 Million Closed To Develop Bioabsorbable Wraps For Improving Outcomes For Hemodialysis Patients

By Amit Chowdhry ● Aug 11, 2023

VenoStent - a clinical-stage, venture-backed, therapeutic medical device company developing bioabsorbable wraps for improving outcomes for hemodialysis patients - recently announced that they have been granted Investigational Device Exemption (IDE) from the FDA for their US clinical trial, SAVE-FistulaS, and have completed a $16 million Series A financing to fund these efforts.

Akkio: $15 Million Secured To Deliver Generative Analytics And ML To Businesses

By Noah Long ● Aug 11, 2023

Akkio - an AI company delivering generative analytics and machine learning to businesses - recently announced that it had closed a $15 million Series A with participation by Bain Capital Ventures (BCV) and Pandome. This funding round accelerates the commercialization of Akkio’s powerful, easy-to-use, and affordable AI platform. Plus, Akkio has hundreds of customers that chat with their data, generate live dashboards, and use machine learning to predict future outcomes across their operations, such as lead scoring, forecasting, content optimization, and more.

Konscious Foods: Plant-Based Seafood Company Raises $26 Million

By Annie Baker ● Aug 11, 2023

Konscious Foods - a plant-based seafood brand - recently announced that it has closed its Series Seed financing round, in which it raised $26 million. The funding to date has included participation from Protein Industries Canada, Zynik Capital, Walter Group, and others.