Venture Capital

Steno: $20 Million In Growth Capital Raised From Trinity Capital

By Amit Chowdhry ● Dec 8, 2024

Trinity Capital, a leading provider of diversified financial solutions to growth-oriented companies, announced the commitment of $20 million in growth capital to Steno, a provider of legal support and court reporting services.

Sightglass: AI-Based Investor Relations Platform Company Raises $3 Million (Seed)

By Amit Chowdhry ● Dec 8, 2024

Sightglass, a new AI-based investor relations platform for the private markets, announced that it had raised a $3 million seed funding round led by Base10 Partners.

KKR Partnering With Former Halma CEO Andrew Williams For Industrial Sector Investments

By Amit Chowdhry ● Dec 8, 2024

Leading global investment firm KKR announced it is partnering with Andrew Williams (former long-time CEO at Halma plc) to pursue new acquisition opportunities in the Industrials sector and, more broadly, across leading UK businesses. Williams will assume the role of Executive Advisor to KKR.

Mubadala Capital Committing Over $1 Billion To Silver Rock’s Funds

By Amit Chowdhry ● Dec 8, 2024

Mubadala Capital - the alternative asset management subsidiary of Mubadala Investment Company - announced that it has entered into a strategic partnership with Silver Rock, a credit asset manager with over $10 billion in assets under management (AUM). Under this deal, Mubadala Capital will acquire a 42% stake in Silver Rock Financial LP through a combination of cash and stock, with an option that could take Mubadala Capital's ownership to 50% over time.

Celleste Bio: Cocoa-Tech Company Secures $4.5 Million (Seed)

By Amit Chowdhry ● Dec 8, 2024

Celleste Bio, an early-stage cocoa-tech company, announced the closing of a $4.5 million seed funding round led by Supply Change Capital, with participation from Mondelēz International's SnackFutures Ventures, Consensus Business Group, The Trendlines Group, Barrel Ventures and Regba Agriculture. Supply Change Capital led the funding round.

Sollis Health: Concierge Medicine Provider Company Secures $33 Million (Series B)

By Amit Chowdhry ● Dec 8, 2024

Sollis Health, which is the first concierge medicine provider to offer its members 24/7 access to ER-level diagnostics and capabilities, announced the completion of a $33 million Series B funding round, led by Foresite Capital with participation from Torch Capital, Montage Ventures, Friedom Partners, Read Capital, and One Eight Capital, and others.

Pixeltable: AI Data Infrastructure Company Raises $5.5 Million (Seed)

By Amit Chowdhry ● Dec 8, 2024

Pixeltable announced the launch of its open-source AI data infrastructure, backed by a $5.5 million seed round led by The General Partnership, with participation from Exceptional Capital, South Park Commons, Liquid 2, Serena Data ventures, and notable industry veterans like Michael Stoppelman (Angel Investor & Former SVP of Engineering at Yelp), Wes McKinney (Principal Architect, Posit), Bill Hsieh (Bridge Street Advisors), and Steven Mih (CEO Across AI, former CEO of Aviatrix, Alluxio, and Ahana).

Tractian: Manufacturing AI Leader Raises $120 Million (Series C)

By Amit Chowdhry ● Dec 8, 2024

Manufacturing AI leader Tractian secured $120 million in Series C funding led by Sapphire Ventures, with participation from General Catalyst, Next47, and NGP Capital. This latest investment solidifies the Atlanta-based company as a key player in the industrial maintenance space.

AMP: AI-Based Waste Sortation Company Secures $91 Million (Series D)

By Amit Chowdhry ● Dec 8, 2024

AMP Robotics, a leading provider of AI-powered sortation at scale for the waste and recycling industry, announced it had raised $91 million in corporate equity in a Series D funding round led by Congruent Ventures. This funding round featured participation from current and new investors, including Sequoia Capital, XN, Blue Earth Capital, Liberty Mutual Investments, California State Teachers Retirement System (CalSTRS), Wellington Management, Range Ventures, and Tao Capital Partners.

Ethyca: Data Privacy Engineering Company Closes $10 Million In Funding

By Amit Chowdhry ● Dec 8, 2024

Ethyca, a leader in data privacy engineering, announced a $10 million funding round led by Aspenwood Ventures and AVP. They are joining Ethyca’s existing investors, Des Traynor (Cofounder, Intercom), Guillermo Rauch (CEO, Vercel), Scott Belsky (CSO, Adobe), and Kevin Hartz (Cofounder, Eventbrite). This investment will help Ethyca enhance key product capabilities and grow its team.

The Riverside Company Receives $85 Million Senior Credit Facility From Comvest Credit Partners

By Amit Chowdhry ● Dec 8, 2024

Comvest Credit Partners, a leading provider of flexible direct financing solutions to middle-market companies, announced that it is acting as an administrative agent and sole lender on an $85 million senior secured credit facility to support The Riverside Company's acquisition of Seatex.

Nua Surgical: Ireland-Based Maternal Health Company Raises €6.5 Million (Series A)

By Amit Chowdhry ● Dec 7, 2024

EQT Life Sciences announced that the EQT Health Economics strategy has invested in Nua Surgical, an Irish medical device company that is innovating in maternal health. EQT Life Sciences led this €6.5 million Series A financing.

Lucra: Social Gamification Company Raises $10 Million

By Amit Chowdhry ● Dec 7, 2024

Lucra, an emerging market leader in social gamification technology, announced it has raised $10 million from 7GC, SeventySix Capital, Steve Kuhn (Founder of Major League Pickleball), alongside NBA MVP Giannis Antetokounmpo, Ark Invest, Simplex Equity, and a who’s who of professional team owners and athletes. And additional investors and advisors in the company include professional team owners Arthur Blank (Atlanta Falcons, AMBSE Ventures), Dennis Wong (LA Clippers), former WNBA president Donna Orender, tennis champions John Isner and James Blake, NFL players Zach Ertz and Emmanuel Sanders, and more.