Venture Capital

Brightspeed: $31.2 Million Award Received To Bring Faster Internet To North Carolina

By Amit Chowdhry ● Apr 21, 2025

Brightspeed, which is the nation's third-largest fiber broadband builder focused on delivering ultrafast, reliable internet, has been awarded $31.2 million by its home state of North Carolina to expand its Brightspeed Fiber Internet network.

Linden: Fund VI Closed At $5.4 Billion

By Amit Chowdhry ● Apr 21, 2025

Linden Capital Partners, a Chicago-based healthcare private equity firm, announced the completion of the fundraise for its sixth buyout fund, Linden Capital Partners VI, with $5.2 billion of LP commitments and a $200 million GP commitment.

Chapter: $75 Million (Series D) Raised For Medicare Navigation Platform

By Amit Chowdhry ● Apr 21, 2025

Chapter, a Medicare navigation platform, announced that it raised $75 million in Series D funding led by Stripes, with participation from all major investors: XYZ Venture Capital, Susa Ventures, Addition, Narya Capital, and Maverick Ventures. This funding raise comes less than one year after Chapter’s Series C.

Attovia Therapeutics: $90 Million (Series C) Raised For Developing Treatments For Immune-Mediated Diseases

By Amit Chowdhry ● Apr 21, 2025

Attovia Therapeutics, a privately-held, clinical-stage biopharma company developing treatments for immune-mediated diseases with high unmet patient need, announced the closing of a $90 million Series C funding. Deep Track Capital led this funding round with participation from new investors including Vida Ventures, Sanofi Ventures, and Mirae Asset Capital Life Science, and ongoing support from existing investors including Frazier Life Sciences, venBio, Goldman Sachs Alternatives, Nextech Ventures, Cormorant Asset Management, EcoR1 Capital, Marshall Wace, and Illumina Ventures.

Caban: $50 Million Raised For Advancing Energy-As-A-Service Deployments

By Amit Chowdhry ● Apr 21, 2025

Caban, a leader in alternative energy solutions for critical infrastructure, announced that it has raised $50 million in new equity funding from existing investors. The funds managed by Ember Infrastructure Management (Caban’s majority shareholder) led the round. Ember is a private equity firm focused on investing in sustainable infrastructure solutions. And Ember has $1.25 billion in assets under management.

Electra: $115 Million (Series B) Raised For Building First Ultra Short Aircrafts

By Amit Chowdhry ● Apr 21, 2025

Electra.aero announced it has secured $115 million in Series B funding to enter the pre-production and certification phase of the EL9, the first-ever Ultra Short aircraft, which can take off and land in 150 feet, which is roughly 10% of the footprint required for similarly-sized legacy airplanes. Prysm Capital led the funding round. Lockheed Martin Ventures, Honeywell, and Safran are among Electra's strategic investors, Prysm Capital, Statkraft Ventures, the Virginia Innovation Partnership Corporation (VIPC), and other private investors.

Hammerspace: $100 Million Raised For Data Platform For AI

By Amit Chowdhry ● Apr 21, 2025

Hammerspace, a high-performance Data Platform for AI, announced that several strategic venture investors have invested $100 million in new strategic growth capital in Hammerspace. The rest of the funding round was completed by a combination of new and existing investors.

Glycomine: $115 Million (Series C) Raised To Advance GLM101 Drug Candidate

By Amit Chowdhry ● Apr 21, 2025

Glycomine - a biotechnology company focused on developing transformative new therapies for orphan diseases - announced a $115 million Series C financing to advance its lead candidate GLM101, into a Phase 2b clinical trial. This funding was led by CTI Life Sciences Fund, funds managed by abrdn, and Advent Life Sciences, along with continued investment from existing investors, Novo Holdings, Sanofi Ventures, Abingworth, RiverVest Venture Partners, Sanderling Ventures, Chiesi Ventures, Remiges Ventures, and Asahi Kasei Ventures.

Auradine: $153 Million (Series C) Raised For Advancing Future Of Blockchain

By Amit Chowdhry ● Apr 21, 2025

Auradine - a leader in energy-efficient blockchain and AI infrastructure solutions - announced the closing of an additional $153 million in connection with its Series C funding round. This funding round was led by StepStone Group and included participation from Maverick Silicon, Premji Invest, Samsung Catalyst Fund, Qualcomm Ventures, Mayfield, MARA Holdings, GSBackers, and other existing investors.

ROH: $9.2 Million Raised For Hospitality-Focused Payments Management Platform

By Amit Chowdhry ● Apr 21, 2025

ROH, which is the hospitality industry’s first payments management platform, announced it completed a $9.2 million funding round, led by Highgate Technology Ventures (HTV) and Acrew Capital.

TDK Ventures: Fund 3 Launched At $150 Million

By Amit Chowdhry ● Apr 21, 2025

TDK announced today that its corporate venture-capital subsidiary, TDK Ventures, has launched Fund 3, a $150 million commitment to catalyzing the next generation of iconic deeptech startups. Building on Fund 1, Fund 2, and Fund EX1, this milestone also increases TDK Ventures’ total assets under management to $500 million, highlighting its position as a global leader in early-stage impact investing.

Kenzo: $4.5 Million Raised For Transforming Security Operations

By Amit Chowdhry ● Apr 21, 2025

Kenzo Security announced it emerged from stealth after 18 months with $4.5 million in funding from The General Partnership and Michael Coates (former CISO of Mozilla and Twitter). And its Agentic AI Security Operations Platform is purpose-built to help CISOs and security teams do more with less while reducing risk.

Bauplan: $7.5 Million (Seed) Secured For AI And Data Infrastructure Platform

By Amit Chowdhry ● Apr 21, 2025

Bauplan, a Python-first serverless data platform that transforms complex infrastructure processes into a few lines of code over data lakes, announced its launch with $7.5 million seed funding. Innovation Endeavors led this funding round, which included experienced operators Wes McKinney, Aditya Agarwal, and Chris Re.

Capital Machine Technologies: Investment Raised From Rotunda Capital

By Amit Chowdhry ● Apr 21, 2025

Rotunda Capital Partners announced it has invested in Capital Machine Technologies in partnership with the existing owners and management team.

Charli AI To Buy Investment Firm Sums Capital

By Amit Chowdhry ● Apr 21, 2025

Charli AI, a leader in AI-based market intelligence, announced that the company agreed to acquire Sums Capital, an early-stage investment platform specializing in streamlining investor transparency, reporting, and portfolio management for private companies. This strategic deal enhances Charli AI’s ability to deliver advanced, AI-powered financial insights, streamlining capital flow and decision-making across private and public markets.

Loti AI: $16.2 Million (Series A) Raised For Likeness Protection Technology

By Amit Chowdhry ● Apr 21, 2025

Loti AI, a leader in likeness protection technology, announced closing a $16.2 million Series A funding round led by Khosla Ventures with additional investments from FUSE, Bling Capital, and Ensemble.

Lexington Medical: Growth Funding Secured From Ampersand Capital Partners

By Amit Chowdhry ● Apr 21, 2025

Lexington Medical, a leader in minimally invasive surgical stapling solutions, announced a strategic investment by Ampersand Capital Partners. This partnership emphasizes Ampersand's confidence in Lexington's potential to transform surgical stapling standards and positions the company for accelerated growth in product innovation, smart manufacturing, and global market expansion.

Scout Ventures: Zach Beecher Named As Partner

By Amit Chowdhry ● Apr 21, 2025

Scout Ventures announced that Zach Beecher is joining the firm as a partner. And Beecher brings extensive experience as a leader in mission-driven initiatives across various sectors, including early-stage technology and national security.

SPRIG Equity: Inaugural Fund Closed At $50 Million

By Amit Chowdhry ● Apr 21, 2025

SPRIG Equity, a growth equity and late-stage VC firm focused on advancing patient care through investment in transformative medical technologies, announced the final closing of its inaugural fund, SPRIG Equity Fund I, with $50 million in assets under management (AUM).

Stonepeak Buying Majority Interest In IOR

By Amit Chowdhry ● Apr 21, 2025

Stonepeak - a leading alternative investment firm specializing in infrastructure and real assets - announced that it has agreed to buy a 75% interest in IOR, a leading integrated commercial fuel and logistics provider in Australia.

Seveno Capital: $70 Million Commitment Raised To Extend Human Health Span

By Amit Chowdhry ● Apr 21, 2025

Seveno Capital announced it has launched by making an inaugural investment in its mission to back early and growth-stage ventures that can potentially extend the human health span - which is the period of life during which a person can expect to enjoy good health.

Liminal: $8.5 Million (Series A) Raised For Real-Time Intelligence Platform

By Amit Chowdhry ● Apr 21, 2025

Liminal, a real-time intelligence platform for complex markets and regulated industries, announced that it has raised $8.5 million in Series A funding. This funding round was led by Noro-Moseley Partners, with continued participation from early backers and strategic customers who have supported the company's vision from the outset.

Friday Harbor: $6 Million (Seed) Closed To Help Loan Officers Assemble Files In Real-Time

By Amit Chowdhry ● Apr 21, 2025

Friday Harbor, an AI-based platform helping loan officers assemble complete and compliant loan files in real time, announced the completion of a $6 million seed round. Abstract Ventures led the funding round. Also joining the round were Wischoff Ventures, a VC firm founded by Blend alum Nichole Wischoff, and the AI2 Incubator, a technical incubator created from the Allen Institute for AI (AI2).

Captiva Containers: Growth Investment Raised From Trivest

By Amit Chowdhry ● Apr 21, 2025

Captiva Containers announced a minority growth investment from Trivest Partners. This Miami-based private investment firm focuses exclusively on the support and growth of founder-led and family-owned businesses. This investment was made from the Trivest Growth Investment Fund II (TGIF).

Healthera: £2 Million Raised For Advancing Digital Pharmacy Platform

By Amit Chowdhry ● Apr 21, 2025

Patient experience platform Healthera announced it has raised £2 million in strategic investment from a consortium of private and health-tech investors. This boosts the current Series A round to £5.6 million and advances Healthera's mission to transform digital pharmacy services. This funding round was completed by private investors via the network of Committed Capital, which led the investment. Previous investors in Healthera include Cambridge Enterprise, Accelerated Digital Ventures (Legal and General), NHS England, and Innovate UK.

Cellid: Over $7.5 Million (Series C) Closed To Enhance Development Of Displays For AR Glasses

By Amit Chowdhry ● Apr 21, 2025

Cellid - a leading developer of AR display technology and spatial recognition engines - announced it has raised over $7.5 million (approximately 1.1 billion yen) in a Series C Extension funding round.

Onfly: $40 Million (Series B) Secured For Digitizing Corporate Travel In Latin America

By Amit Chowdhry ● Apr 20, 2025

Onfly, a travel tech company in Latin America, announced it has secured $40 million in Series B funding led by Tidemark. This funding round also included participation from Endeavor Catalyst and Left Lane Capital, which previously co-led Onfly's Series A round with the Brazilian fund Cloud9 Capital.

Well: $30 Million Raised For AI-Based Health Engagement Platform

By Amit Chowdhry ● Apr 20, 2025

Well, an innovator in AI-driven health engagement, announced it has secured $30 million in additional funding. This funding increased the total to over $150 million to help fuel the expansion of Well's AI platform, enhance operational capabilities, and further enable the company to proactively predict and address emerging health risks within employee populations.

Ideem: $2.4 Million (Seed) Funding Closed To Transform How Payments Are Completed Online

By Amit Chowdhry ● Apr 20, 2025

Ideem, a company changing how users complete payments online, announced a $2.4 million seed funding round backed by Sovereigns Capital, Quona Ventures, Everywhere Ventures, Hustle Fund, Oread Angels, Network KS, and a group of strategic angel investors. This funding will advance Ideem's goal of removing friction, fraud, and costs in mobile payment flows to deliver fast, secure one-click experiences.

Traction Complete: Debt Financing Facility Raised From CIBC

By Amit Chowdhry ● Apr 20, 2025

CIBC Innovation Banking announced that it has provided a debt financing facility to Vancouver-based Traction Complete. And Traction Complete’s suite of Revenue Operations Data Management apps was designed to help organizations automate critical business processes to streamline sales, improve data quality, and optimize go-to-market strategies.