Section 32 Closes $525M Fund 5
Section 32, a Palo Alto, CA-based venture capital firm, closed its Fund 5, at $525M. The fund will invest in companies that are pushing the boundaries in software and artificial intelligence (“AI”) to enable new capabilities and step-changes in performance across markets including enterprise software, cybersecurity, data infrastructure, gaming, fintech, precision medicine and computational biology. […]
EV Life Raises $8M Debt Facility
EV Life, a Sacramento, CA-based climate finance platform making it cheaper and easier for anyone to buy electric vehicles, closed an $8m debt facility led by Trisolaris, LLC. The debt facility enables the company to grow its EV loans and fully transition to a lending platform, connecting EV borrowers with lenders from credit unions, community banks […]
Iambic Therapeutics Closes $100M Series B Financing
Iambic Therapeutics (formerly known as Entos), a San Diego, CA-based biotechnology company developing novel therapeutics from its generative AI discovery platform, closed a $100m Series B financing. The round was co-led by Ascenta Capital and Abingworth, with participation from new investors NVIDIA, Illumina Ventures, Gradiant Corporation, and independent board member Bill Rastetter. Existing investors also participated, […]
Castelion Raises $14.2M in Initial Funding
Castelion, an El Segundo, CA-based modern defense production company, raised $14.2m in funding. The round was co-led by Andreessen Horowitz and Lavrock Ventures, with participation from First In, BlueYard Capital and Champion Hill Ventures. The company intends to use the funds to expand operations and its development efforts. Co-founded by Bryon Hargis, CEO, Sean Pitt, COO, and Andrew Kreitz, CFO, Castelion is […]
Connections Health Solutions Receives $28M Growth Financing
Connections Health Solutions, a Phoenix, AZ-based innovator in immediate-access behavioral health crisis care, closed a $28m growth financing. The round was led by Town Hall Ventures, with participation from existing investor Heritage Group. The Company will use the funds to accelerate new market entry, meeting community demand for value-based mental health crisis services, and invest in the development […]
Vibrant Planet Raises $15M in Series A Funding
Vibrant Planet, a Truckee, CA-based wildfire protection and ecosystem restoration company, raised $15m in Series A funding. The round was led by Ecosystem Integrity Fund with participation from Microsoft’s Climate Innovation Fund, Citi Ventures, Day One Ventures, SIG Climate, Globivest, and Coefficient LP. The company intends to use the funds to expand operations and its business reach. Vibrant […]
Atalan Tech Raises $2.5M in Seed Funding
Atalan Tech, a Boston, MA-based provider of a platform to accelerate early prediction and prevention of healthcare worker burnout and turnover, raised $2.5m in seed funding. The round was led by Excelerate Health Ventures and OCA Ventures, among other notable investors. The company intends to use the funds to accelerate research and development, expand the […]
CAZ Investments Makes $200M Commitment to Grafine Partners
CAZ Investments, a Houston, TX-based investment manager, made a $200m commitment to Grafine Partners, a NYC-based investment management firm that identifies differentiated sources of alpha by investing in new firms led by experienced private equity investors. Formed in 2019 by Elizabeth Weymouth, Grafine seeks differentiated sources of alpha by partnering with experienced private market investors in establishing new firms, accelerating […]
Beat The Bomb Raises $15M in Series B Funding
Beat The Bomb, a Brooklyn, NY-based interactive social video game company, raised $15M in Series B funding. Backers included Otium Capital, and Conversion Venture Capital (CVC2). The company intends to use the funds to expand across the United States, starting with Philadelphia in summer 2024. Additional openings are expected thereafter for Charlotte, Denver, Houston, and more. Led by CEO and founder Alex Patterson, Beat […]
Bolt.Earth Raises $20M in Funding
Bolt.Earth, a Bangalore, India-based EV infrastructure and software company, raised $20M in funding. The round saw participation from Union Square Ventures, Prime Venture Partners, ITIGO Funds, and others. The company intends to use the funds for: 1. Charging Network Expansion 2. Product Enhancement 3. Operating System Deployment 4. Talent Acquisition 5. International Expansion Co-founded by […]