AskFora Raises $1.5M in Total Funding
AskFora, a Norwich, VT-based startup creating solutions to help organizations work with people they know, raised $1.5M in total funding. Backers included Firsthand Alliance, Glasswing Ventures, Koa Labs, Ex Ventures, Perkins Cove Partners, and FreshTracks Capital. The company intends to use the funds to expand operations and its business reach. Led by CEO Omer Trajman, […]
Chai Receives Strategic Investment from CoreWeave at $450M Valuation Cap
Chai, a Palo Alto, CA-based provider of a social AI platform, received a strategic investment from CoreWeave at $450M valuation cap. The deal followed Chai’s pre-seed round in which it raised $2M. The company intends to use the funds to enhance its AI language model competitions. Led by CEO William Beauchamp, Chai provides a social AI platform […]
Bricz Receives Investment from UST
Bricz, a global supply chain company, received an investment from UST, a digital solutions company. The amount of the deal was not disclosed. Founded in 2014 and led by Ram Gopalakrishnan, Founder and Chief Executive Officer, Bricz is a provider of supply chain services supporting retailers, distributors, and 3PLS, all while backed by a mission to create […]
Piccolo Medical Closes $5.5M Series B Funding
Piccolo Medical, Inc., a San Francisco, CA-based developer of catheter navigation technology, closed a $5.5M Series B financing. The round was led by Event Capital Strategies. Chris Yamamoto, Managing Partner of Event Capital Strategies, joined Piccolo’s Board of Directors alongside Drs. Mark Healy and Dan Burnett, the founder of the Theranova medical device incubator. The company intends to use […]
Elligo Health Research Receives $40M Venture Loan Facility from Horizon Technology Finance
Elligo Health Research, an Austin, TX-based provider of a technology platform for clinical research, received a $40M venture loan facility from Horizon Technology Finance (NASDAQ: HRZN). The company intends to use the loan proceeds for general growth and working capital purposes. Led by John Potthoff, Ph.D., Founder and CEO, Elligo Health Research accelerates clinical trials through […]
Arc Raises $70M in Series B Funding
Arc, a Los Angeles, CA-based producer of an electric boat, raised $70m in Series B funding. Backers included Menlo Ventures and current investors Eclipse, Andreessen Horowitz, Lowercarbon Capital, and Abstract Ventures. The company, which has now raised over $100m in total funding, intends to use the capital to continue to expand operations and its development efforts. Founded […]
Lumu Raises $30M in Series B Funding
Lumu, a Doral, FL-based provider of a platform that helps enterprises identify and isolate security compromises, raised $30m in Series B funding. The round, led by Forgepoint Capital, included a $24m equity portion and $6m in debt. The company intends to use the funds to expand the reach of its solution, particularly in the United […]
Avantis Labs Raises $4M in Seed Funding
Avantis Labs, a NYC-based decentralized finance (DeFi) derivatives ecosystem startup, raised $4M in Seed funding. The round was led by Pantera Capital with participation from Founders Fund, Galaxy, Coinbase’s Base Ecosystem Fund and Modular Capital. The company intends to use the funds to grow its flagship product Avantis. Avantis is an advanced margin-based perpetuals platform […]
Homecare Hub Raises USD2.5M in Seed Funding
Homecare Hub, a Toronto, Canada-based provider of innovative home care and housing solutions, raised USD2.5m in seed funding. Backers included Froedtert Health’s venture arm Inception Health, Ballad Health’s venture arm Ballad Ventures, Baycrest’s innovation arm the Center for Aging + Brain Health Innovation (CABHI), AARP, Blue Lion Global, FHS Capital, and a variety of prominent angel investors. The company intends […]
Transfr Closes $40M in Series C Growth Funding
Transfr, a NYC-based company which specializes in virtual reality-based skills training for middle-skilled careers, raised $40M in Series C Growth funding. The round, which brought the total amount to $90M, was led by ABS Capital with participation from JPMorgan Chase Impact Finance and Advisory and existing investors Lumos Capital Group, who led the Series B; […]