Aspen Power Secures $241M in Financing
Aspen Power, a NYC-based provider of a distributed generation platform, has completed three financings totaling $241M with J.P. Morgan, Lombard Odier, and Mitsubishi UFJ Financial Group, Inc. (MUFG). The expanded credit facilities with J.P. Morgan and Lombard Odier, as well as a new construction-to-term facility with MUFG, are expected to promote Aspen Power’s continued strategic […]
Unbox Raises $12M in Series A Funding
Unbox, an Antwerp, Belgium- and Indianapolis, IN-based provider of infrastructure for programmable exchange of value, raised $12M in Series a funding. The round was led by HSBC Asset Management, with participation from participation from SFPIM Relaunch, a subsidiary of the Belgian Sovereign Wealth Fund. The company intends to use the funds to further expand its […]
Prismatic Raises $22M in Series B Funding
Prismatic, a Sioux Falls, SD-based provider of an embedded integration platform (iPaaS) for B2B SaaS companies, raised $22M in Series B funding. The round was led by Five Elms Capital. The company intends to use the funds to accelerate the expansion of its R&D, innovation and enhancements to the embedded iPaaS platform. Future updates and […]
Quantinuum Raises $300M in Equity Funding
Quantinuum, a Broomfield, Colorado-based integrated quantum computing company, closed a $300m equity funding at a pre-money valuation of $5 billion. The round was anchored by Quantinuum’s strategic partner JPMorgan Chase, with additional participation from Mitsui & Co., Amgen and Honeywell (NASDAQ: HON), which remained the company’s majority shareholder. This investment brings the total capital raised by Quantinuum […]
Palm Tree Crew Raises $6M in Funding at $150M Valuation
Palm Tree Crew, a Miami, FL-based entertainment, hospitality, and investment holding company, recently closed a $6M funding round at a $150M valuation. Backers included Barry Sternlicht, Brad Garlinghouse, David Adelman, Jim Coulter, Jonathan Kraft, Keith Rabois, and Michael Meldman, among others. The company will use proceeds to accelerate growth and expansion of its global live […]
Tandem PV Raises Additional $6M in Funding
Tandem PV, a San Jose, CA-based company which specialized in perovskite solar technology, raised additional $6M in funding. The round, which brought the total amount to $27M, was led by existing investor Planetary Technologies, with participation from new investor Uncorrelated Ventures, as well as executives from a variety of corporate sectors and Tom Werner, former […]
Noctrix Health Raises $40M in Series C Financing
Noctrix Health, Inc., a Pleasonton, CA-based medical device company, closed a $40M Series C financing. The round was led by Sectoral Asset Management with participation from other new investors Angelini Ventures, ResMed, and Asahi Kasei Corporation and insiders OrbiMed and Treo Ventures. The company intends to use the funds to advance the Nidra™ Tonic Motor Activation (TOMAC) therapy […]
Cyrano Therapeutics Raises $9.0M in Series B Financing Round
Cyrano Therapeutics, a Delray Beach, FL-based regenerative medicine company, raised $9.0M in Series B funding. The round was co-led by the Florida Opportunity Fund managed by DeepWork Capital and existing investors Lumira Ventures and Remiges Ventures. The company intends to use the funds to advance FLAVOR, its Phase 2, double-blind, randomized clinical trial of CYR-064, […]
Oxford Medical Simulation Raises $12.6M in Series A Funding
Oxford Medical Simulation, a Boston, MA-based company which specialized in virtual reality healthcare training, raised $12.6M in Series A funding. The round was led by Frog Capital with follow-on capital from ACF Investors, existing shareholders and strategic partners. The company intends to use the funds to expand operations, scale its offering across learner groups, expand […]
Detected Raises $2.5M in Funding
Detected, a London, UK- and NYC-based business onboarding tech company, raised $2.5M in funding. The round saw participation from Thomson Reuters Ventures, Love Ventures, existing investors and angels. The company intends to use the funds to continue to build the technology, and expand its business reach. Led by CEO Liam Chennells, Detected provides a business […]