Venture Capital

Crosscut Ventures: Jon Ylvisaker Named As Partner In Energy Innovation Strategy

By Amit Chowdhry ● Dec 25, 2024

Crosscut Ventures announced the appointment of Jon Ylvisaker as Partner. Bringing more than 25 years of investment experience, Jon will join Crosscut to accelerate the firm's growth and advance its commitment to scaling early-stage technology solutions in Crosscut fund six and beyond.

First Resonance: Digital Manufacturing Solutions Company Raises $12.5 Million

By Amit Chowdhry ● Dec 25, 2024

First Resonance - a leader in digital manufacturing solutions - announced the closing of its latest funding round, led by Third Prime, with support from Craft Ventures, Blue Bear Capital, and E12. This round, which brings the total funding raised to $32 million, marks a significant step in advancing First Resonance's ION Factory OS platform, introducing new levels of efficiency, responsiveness, and sustainability to manufacturing. This funding enables First Resonance to deepen customer support and enhance platform reliability while fueling continued product innovation.

GEMMABio: $34 Million (Seed) Raised For Advancing Gene Therapy Advancements

By Amit Chowdhry ● Dec 25, 2024

GEMMA Biotherapeutics - a new therapeutics company founded by gene therapy pioneer Dr. Jim Wilson - announced the completion of a $34 million seed funding round to accelerate its groundbreaking gene therapy initiatives.

Allo: RWA Tokenization Company Raises $100 Million In Debt Financing

By Amit Chowdhry ● Dec 25, 2024

Allo.xyz, a platform for real-world asset (RWA) tokenization and lending, announced it has secured a $100 million Bitcoin-backed credit facility. This credit facility will further enhance Allo's BTC-backed lending services, catering to institutional and individual participants looking to engage in the growing crypto lending market.

HuLoop: AI-Based Intelligent Automation Company Raises Series A

By Amit Chowdhry ● Dec 25, 2024

HuLoop Automation, a leader in radically fast and affordable AI-based intelligent automation, announced its Series A funding round closing. Even though the specific terms aren't being announced publicly, the round was led by Mighty Capital, with significant participation from Moneta Ventures.

Kurrent: Event-Native Data Platform Company Raises $12 Million

By Amit Chowdhry ● Dec 25, 2024

Kurrent, an event-native data platform innovator, announced $12 million in funding, its rebranding from Event Store, and the official launch of Kurrent Enterprise Edition (now commercially available).

Jome: AI-Based Real Estate Marketplace Company Secures $9.8 Million (Series A)

By Amit Chowdhry ● Dec 25, 2024

Jome, an AI-based real estate marketplace that helps buyers find, compare, and purchase new construction homes, announced a $9.8 million Series A funding round led by Geek Ventures with participating investors U.Ventures, Toloka VC, and Forefront VP. The funding will expand its regional footprint in the U.S. Jome, formerly NewHomesMate, now operates in 16 major U.S. cities, including Austin, Denver, and Miami, listing 90% of available new construction inventory.

Embotech: CHF 23.5 Million Raised For Expanding Autonomous Driving Solutions

By Amit Chowdhry ● Dec 25, 2024

Embotech, an innovator in autonomous driving solutions for industrial logistics, announced it has received 23.5 million CHF (about $27 million) in Series B funding to help the company scale its Automated Vehicle Marshalling (AVM) and Autonomous Terminal Tractor (ATT) solutions in Europe, and ultimately in the United States, Middle East, and Asia. This funding round was led by Emerald Technology Ventures and Yttrium, with additional funds from BMW i Ventures, Nabtesco Technology Ventures, Sustainable Forward Capital Fund, RKK VC, and existing investors.