Venture Capital

Revisto: $4 Million (Seed) Raised For Transforming Pharmaceutical Marketing Compliance

By Amit Chowdhry ● Nov 18, 2024

Revisto, an AI-based solution that streamlines the medical, legal, and regulatory (MLR) review process for pharmaceutical marketing materials, announced it has secured $4 million in seed funding. This funding round was led by LiveOak Ventures, with participation from Eli Lilly and Company, Tau Ventures, and Arkin Digital Health.

The Exploration Company: European Space Tech Company Raises $160 Million (Series B)

By Amit Chowdhry ● Nov 18, 2024

Leading European space tech company The Exploration Company (TEC) announced it has raised $160 million in Series B funding co-led by Balderton Capital and Plural, with participation from Bessemer Venture Partners, NGP Capital, French Tech Souveraineté, DeepTech & Climate Fonds (DTCF) and Bayern Kapital. The funding round also included significant follow-on investment from EQT Ventures, Red River West, Cherry Ventures, Promus Ventures and Omnes Real Tech Fund. And this is the first time two European sovereign funds, French Tech Souveraineté managed by Bpifrance and DTCF, have invested together.

SwiftConnect: Digital Pass Company Raises $37 Million (Series B)

By Amit Chowdhry ● Nov 15, 2024

SwiftConnect announced the closing of a $37 million Series B funding round to expand its access network and connect people to the right place at the right time. The latest investment round is led by Quadri Ventures, with participation from new investors HID (part of ASSA ABLOY), Egis Capital Partners, and Klingenstein Fields Advisors. And returning investors include Crow Holdings, JLL Spark, Navitas Capital, Tanzola Corp., and Spring Rock Capital. With this round, SwiftConnect has raised $74 million in total funding.

Serenity: AI-Based EHS Software Solutions Company Raises $5.5 Million (Series A)

By Amit Chowdhry ● Nov 15, 2024

Serenity, a leader in AI-based Environmental, Health, and Safety (EHS) software solutions, announced the closing of a $5.5 million Series A funding round. This investment was led by Allegion Ventures, with follow-on participation from existing investor Base10 Partners.

The D. E. Shaw Group: $1 Billion Raised For Alkali Fund VI

By Amit Chowdhry ● Nov 15, 2024

The D. E. Shaw group - a global investment and technology development firm - announced that it has raised $1 billion in commitments for D. E. Shaw Alkali Fund VI. This closed-end vehicle will pursue a multi-strategy investment style and invest primarily in corporate debt, structured credit, synthetic securitizations, and other specialty asset classes.

Camouflet: AI-Based Dynamic Pricing Solutions Company Raises $3 Million (Seed)

By Amit Chowdhry ● Nov 14, 2024

Camouflet, a leader in AI-based dynamic pricing solutions, announced the closing of a $3 million seed funding round led by a group of private investors. This funding round will accelerate Camouflet’s mission to empower businesses with adaptive, data-driven pricing strategies.

Hempitecture Receives $8.42 Million In Funding From Department Of Energy

By Amit Chowdhry ● Nov 14, 2024

Hempitecture - a leading innovator in sustainable building materials - announced the U.S. Department of Energy (DOE) selection to receive $8.42 million in funding under the Biden-Harris Administration’s Investing in America agenda. This funding will support the creation of an industrial fiber hemp processing and manufacturing facility in northeast Tennessee, focused on producing high-performing, carbon-reducing products for the building materials, packaging, and automotive sectors.

BetHog: FanDuel Co-Founders Launch Cryptocurrency Sportsbook Company With $6 Million In Seed Funding

By Amit Chowdhry ● Nov 14, 2024

BetHog - a new cryptocurrency casino and sportsbook company - announced a public launch with $6 million in seed funding led by 6MV with participation from Will Ventures, Bullpen Capital, Karatage, Advancit Capital, and several angel investors such as Chris Grove, Partner Emeritus at Eilers & Krejcik, LLC and Josh Hannah, co-founder of Flutter Entertainment.

Akeyless: Strategic Investment Raised From Deutsche Bank

By Amit Chowdhry ● Nov 14, 2024

Akeyless - an innovator in the identity security market - announced a strategic investment from Deutsche Bank’s Corporate Venture Capital (CVC) group. The company - trusted by Fortune 100 companies and industry leaders - is transforming identity security for the modern enterprise, delivering the world’s first unified Secrets & Machine Identity platform designed to prevent the number one cause of breaches; and compromised identities and secrets.

Arketi Group Raises Funding From Pair Of Private Equity Firms

By Amit Chowdhry ● Nov 14, 2024

Arketi Group, a digital marketing and public relations agency for business-to-business (B2B) technology companies, announced that it has partnered with private equity firms Go Capital and Station Partners to lead a new B2B marketing and communications agency platform.