SpecCheck Raises $3.7M in Seed Funding
SpecCheck, a San Francisco, CA-based startup that provides optical billing and customer management tools, raised $3.7m in seed funding. The round was led by Initialized Capital with participation from Y Combinator. The company intends to use the funds to expand operations and its business reach. Led by CEO Joe DeMaria, and CTO Arnold Villatoro, SpecCheck has […]
AstronauTx Raises £48M in Series A Financing
AstronauTx Ltd, a London, UK-based biotech company, raised£48m ($61m) in Series A financing. The round was led by Novartis Venture Fund, with participation from Brandon Capital, MPM Capital, EQT Life Sciences, Bristol Myers Squibb and founding investor the Dementia Discovery Fund. Following the financing, Jonathan Tobin, UK-based Partner at Brandon Capital will join AstronauTx board of […]
FlexSea Raises £3M in Seed Funding and Grants
FlexSea, a London, UK-based sustainable-packaging company, raised £3m in seed equity funding and grants. The round was led by Indico Capital Partners, with participation from RedRice Ventures, Btomorrow Ventures, Food Foundry, Vala Capital, ICON Capital, and Pente Capital. The company intends to use the funds to expand operations and its business reach. Led by Carlo Fedeli and Thibaut Monfort Micheo, […]
Class Companion Raises $4M in Seed Funding
Class Companion, a San Francisco, CA-based AI platform that empowers teachers to give instant, personalized feedback to students, publicly launched with $4m in seed funding. The round was led by Index Ventures, with participation from the OpenAI Startup Fund, and notable angels including renowned operator and advisor Gokul Rajaram, Managing Director of Otherwise Fund Terrence Rohan, and AI luminary Andrej […]
Glydways Raises $56M in Series B Funding
Glydways, a South San Francisco, CA-based company develping an on-demand Personal Rapid Transit (PRT) system, raised $56M in Series B funding. The round, which brought the total amount to over $70M, including the conversion of notes valued at more than $28M, and was by New Science Ventures with participation from The ACS Group, Gates Frontier and Khosla […]
Regent Craft Raises $60M in Series A Funding
Regent Craft, a North Kingstown, RI-based manufacturer of all-electric seagliders, raised $60M in Series A funding. The round, which brought the total amount to $90M, was led by 8090 Industries and Founders Fund and included previously announced strategic investments by Japan Airlines Innovation Fund, Lockheed Martin, and Yamato Holdings, joined by Point72 Ventures, Caffeinated Capital, […]
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 […]