Venture Capital

BondBloxx: Bond ETF Provider Raises $27 Million

By Amit Chowdhry ● Nov 6, 2024

BondBloxx, a specialized provider of bond ETFs, announced a latest capital raise of $27 million. The funding round was led by Macquarie Asset Management - which maintains its minority stake in the company - and also included participation from other new and existing financial investors.

Outrider: Autonomous Yard Operations Company Raises $62 Million (Series D)

By Amit Chowdhry ● Nov 6, 2024

Outrider, a leader in autonomous yard operations for logistics hubs, announced it raised $62 million in an oversubscribed Series D financing round. The round was led by Koch Disruptive Technologies (KDT) and New Enterprise Associates (NEA), with additional investments from 8VC, ARK Invest, B37 Ventures, FM Capital, Interwoven Ventures, NVentures (NVIDIA’s venture capital arm), and Prologis Ventures. This funding round will drive the commercial scaling of Outrider’s autonomous yard operations as a service with many large customers in 2025 and strengthen its position at the forefront of logistics automation.

Fixify: AI-Based IT Help Desk Solution Provider Secures $25 Million (Series A)

By Amit Chowdhry ● Nov 6, 2024

Fixify, an AI-based IT help desk solution provider, announced that it has closed a $25 million Series A funding round co-led by Costanoa Ventures, Decibel Partners and Paladin Capital Group with participation from Scale Venture Partners. And Fixify combines AI with human experts to empower IT teams to quickly diagnose and resolve issues to enhance the overall help desk experience. The funds will be used to scale its workforce and accelerate product development.

Diffblue: AI-For-Code Software Company Raises $6.3 Million

By Amit Chowdhry ● Nov 6, 2024

Diffblue, a creator of the world’s first fully autonomous generative AI-for-code software, announced it raised $6.3 million in new capital as it reached a record six-month period with 326% net new ARR growth from the previous six months. Toffer Winslow (formerly StackState, Dynatrace, RSA Security) was appointed Diffblue’s new CEO to drive the firm’s next growth stage.

EvoluteIQ: AI-Based Automation Company Raises $20 Million

By Amit Chowdhry ● Nov 6, 2024

EvoluteIQ announced an investment of $20 million in equity and debt led by Round2 Capital, with participation from Nordea Growth Fund, DCAP Select and PH ventures. And this funding will support EvoluteIQ’s plan to enhance its AI automation platform and expand operations globally.

Highnote: Audio Collaboration Company Raises Funding From Dropbox Ventures

By Amit Chowdhry ● Nov 6, 2024

Highnote, a leading audio collaboration platform, announced that it secured $2.5 million in additional funding, with participation from Dropbox Ventures (an investment initiative of Dropbox investing in the next generation of AI-based apps and tools along with previous investors Afore Capital, Character Capital, Brooklyn Bridge Ventures, and Precursor Ventures. This latest funding round also welcomed new notable executives as angel investors from Figma, Atlassian, Abstract, and Dropbox, and several who previously invested from SoundCloud, Auth0, and Splice.

Regal: Contact Center Software Company Raises $40 Million

By Amit Chowdhry ● Nov 6, 2024

Regal, a customer-centric contact center software company, announced the completion of a $40 million funding round to accelerate the rollout of its AI Phone Agents for contact centers. And Regal has now raised $83 million in total.

Party Icons: Mobile-First Gaming Company Raises $9 Million (Seed)

By Amit Chowdhry ● Nov 6, 2024

Party Icons, a mobile-first gaming platform with three fully playable modes, announced it has raised $9 million in a private funding round led by BITKRAFT Ventures, bringing its total funding to $20 million. This investment emphasizes confidence in Party Icons’ potential to revolutionize the gaming landscape with its innovative gameplay design and open ecosystem, powered by its unique “Party-as-a-Service” live operations model and integrated Web3 infrastructure. Joining BITKRAFT in this round are other notable investors, including IDG Capital, Gam3Girl Ventures, Leap Capital, Mantle Network, King River Capital, Mask Network, Yield Guild Games, Zentry, 32-Bit Ventures, Ed3n Ventures, Palm Drive Capital and individual investors Sebastien Borget (Co-Founder of Sandbox), and Cristian Manea (a prolific Web3 angel).

Simbe: Store Intelligence Solutions Company Raises $50 Million (Series C)

By Amit Chowdhry ● Nov 6, 2024

Simbe, a leading provider of Store Intelligence solutions, announced the closing of a $50 million Series C equity financing round led by Growth Equity at Goldman Sachs Alternatives, with participation from Eclipse and Valo Ventures and other existing investors. And since raising its Series B last year, Simbe achieved significant momentum and milestones such as introducing multiple capabilities and securing numerous new and expanded partnerships across various retail sectors.

Skyfire: New Funding Raised From Coinbase And a16z

By Amit Chowdhry ● Nov 6, 2024

Skyfire recently announced significant growth for the world’s only payment network built for the AI Agent economy, enabling fully autonomous transactions across AI Agents, LLMs, data platforms, online retail, service providers, etc. And the company announced new funding from Coinbase Ventures and a16z CSX.