Rocket.Chat Raises US$10M in Series A Bridge Funding
Rocket.Chat, a Wilmington Del.-based startup that provides an open-source chat platform, raised US$ 10m in a Series A “bridge” funding round. The round was led by Alexia Ventures, Endeavor Catalyst, Endeavor Scaleup Ventures, Bob Young (Founder of RedHat), NEA and Valor Capital Group, in addition to investors such as Greycroft, Monashees, DGF, and Graphene. The company, […]
Rain Raises $9.7M in Seed Financing
Rain, an Alameda, CA-based leader in aerial wildfire containment technology, closed a $9.7m seed financing. The round was led by DBL Partners, with participation from VoLo Earth Ventures, Kapor Capital, Convective Capital, Immad Akhund, Brian Bjelde, Steve Blank, John and Patrick Collison, Edward Fenster, Dylan Field, Nat Friedman, Daniel Gross, Geoff Ralston, and Blake Scholl. The company intends […]
Mundial Media Raises $2.0M in Pre Seed Funding
Mundial Media, a Los Angeles, CA-based media platform uniting multicultural voices, raised $2.0m in pre seed funding. The round was led by a syndicate of family office investors, including New Day Industries, Barlow Family Investments, and executives from Amazon.com, Inc., UnitedHealth Group, and Prodege LLC. The company intends to use the funds to scale its […]
Virtualness Raises Additional Funding
Virtualness, a San Francisco, CA-based mobile-first platform powered by generative AI and blockchain, raised a funding round of undisclosed amount. The round, which brought total funding to eight figures, was led by Shorooq Partners and Ankurit Capital. The company raised $8M in seed funding in late 2022 in a round led by Blockchange Ventures with participation from […]
NorthStar Care Raises $6M in Seed Funding
NorthStar Care, a Seattle, WA-based provider of a virtual substance use disorder treatment program, raised $6m in seed funding. The round was co-led by Tony Robbins,and Starting Line. Starting Line Partner Scott Holloway will join existing board directors the Honorable Patrick J. Kennedy, former member of the U.S. House of Representatives, Dan Kossmann, and Mike Liddell as a board observer. The […]
Diligent Robotics Raises $25M in Funding
Diligent Robotics, an Austin, TX-based leader in robotic automation in health care, raised $25m in financing. The round was led by Canaan, with participation from True Ventures, DNX Ventures, Next Coast Ventures among the return investors and Northwestern Medicine Innovation joining as a new strategic investor. Rich Boyle from Canaan will join the board of directors. The company will use […]
Legit Security Raises $40M in Series B Funding
Legit Security, a Palo Alto, CA-based cyber security company, raised $40M in Series B funding. The round was led by CRV with participation from existing investors Cyberstarts, Bessemer Venture Partners, and TCV. The company intends to use the funds to expand sales, marketing and R&D, addressing the emerging threat of Artificial Intelligence and Large […]
MotherDuck Raises $52.5M in Series B Funding
MotherDuck, a Seattle, WA-based builder of a serverless, data analytics platform based on open source database DuckDB, raised $52.5m in Series B funding. The round, which puts MotherDuck at a $400M post-money valuation and brings their total funding to date to $100M, was led by Felicis, with participation from new and existing investors a16z, Madrona, Amplify Partners, Altimeter, Redpoint, Zero Prime, among others. Felicis General Partner Viviana Faga will join […]
Cecilian Partners Raises $11M in First Institutional Equity Funding
Cecilian Partners, a New Hope, PA-based proptech firm providing end-to-end digital solutions for home builders and land developers, raised $11M in first institutional equity funding. The round was led by Resolve Growth Partners. Resolve co-founder Chris Rhodes and principal Rocco Natalicchio will join the board. The company intends to use the funds to accelerate product innovation, and expand headcount […]
Harbinger Motors Secures $60M in Series A Funding
Harbinger Motors, a Garden Grove, CA-based automotive manufacturer, raised $60M in Series A funding. The round was led by Ridgeline and THOR Industries, with participation from Greycroft, and new investors Riverstone Holdings, Acequia Capital and Squarepoint Capital, and return investors Tiger Global, Kalyani Mobility, Maniv Mobility, Overture and Ironspring Ventures. Ridgeline General Partner and Co-Founder Ryan Clinton will join […]