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; […]
Nexusflow Raises $10.6M in Seed Funding
Nexusflow, a Palo Alto, CA-based Generative AI company working for the cybersecurity industry, raised $10.6M in Seed funding. The round was led by Point72 Ventures, with participation from Fusion Fund and other investors in Silicon Valley. The company intends to use the funds to expand operations and its business reach. Led by Jiantao Jiao and […]
Prompt AI Raises $5M in Seed Funding
Prompt AI, a San Francisco, CA-based startup leveraging large language models to enable access to computer vision, raised $5M in Seed funding. The round was led by AIX Ventures and Abstract Ventures with participation from several angel investors. The company intends to use the funds to expand operations ad its development efforts. Co-founded by Tete Xiao […]
AlphaSense Raises $150M in Series E Funding; Valued at $2.5 Billion
AlphaSense, a NYC-based provider of a market intelligence and search platform, raised $150M in Series E funding at a $2.5 Billion valuation. The round was led by BOND, with participation from existing investors including Alphabet’s CapitalG, Viking Global Investors, and Goldman Sachs. The company intends to use the funds to expand its enterprise solution, AI […]
MentorKart Secures USD 250K Funding led by Realtime (RTAF) & TiE Angels (India)
CareerTech platform MentorKart®, today unveiled that it has raised $250K from Realtime (RTAF) and Tie Angel India. MentoKart solves a major challenge for corporate clients to source, screen, and skill/develop candidates for roles across functions. Mentorkart operates academies on its platform for businesses with the goal of preparing new hires for the workforce and helping […]
Notation Labs Closes $2.5M Financing Round
Notation Labs, Inc., a Scottsdale, Arizona-based technology company focused on the development and distribution of automated leak detection and prevention, closed a $2.5M financing round. The backers were not disclosed. The company intends to use the funding for the production of a suite of products, which are designed to work with the QWEL consumer app. […]