The Sporting News Raises $15M in Funding
The Sporting News, a Charlotte, NC-based sports media and sports publisher, raised $15M in funding. The round was led by LSE-traded Playtech. The company intends to use the funds to facilitate the growth of the brand and pivot the TSN business to being more transactionally-led. Led by CEO Rich Routman, TSN is a destination for […]
Sonex Health Closes USD40M Series B Financing
Sonex Health, a MN-based company which specializes in the ultrasound-guided treatment of common orthopedic syndromes affecting the extremities, raised USD40M in Series B funding. The round was led by KCK MedTech. In conjunction with this Series B financing, the company also closed on a new debt facility with venture leader Horizon Technology Finance Corporation. The […]
Helsing Raises €209M in Series B Funding
Helsing, a Munich, Germany-based defence AI company, raised €209M in Series B funding. The round was led by General Catalyst with participation from Swedish group Saab. The company intends to use the funds to further grow its businesses in France, Germany and the UK and deepen its investments in its core technology initiatives. Founded in […]
Generate:Biomedicines Closes $273M Series C Financing
Generate:Biomedics, a Somerville, MA-based clinical-stage biotherapeutics company, raised $273M in Series C funding. Backers included Amgen, NVentures, MAPS Capital (Mirae Asset Group), and Pictet Alternative Advisors. Additionally, company founder, Flagship Pioneering, a wholly-owned subsidiary of the Abu Dhabi Investment Authority (ADIA), Fidelity Management & Research Company, funds and accounts advised by T. Rowe Price Associates, Inc., ARCH Venture Partners, and March […]
Cervin Ventures Closes $162M Capital Raise To Invest in Early-Stage Startups
Cervin Ventures, a Palo Alto, CA-based early-stage venture capital firm, closed $162m in new capital. The firm will use the capital to invest in Seed and Series A startups specializing in enterprise software, data and AI, cybersecurity, DevOps, cloud, and networking. Led by Neeraj Gupta, and Preetish Nijhawan, Cervin has invested in more than 50 companies in the […]
Evolectric Raises USD15M from Seismic Capital
Evolectric, a Long Beach, CA-based Electric Vehicle (EV) technology company, raised USD15M from Seismic Capital. The company intends to use the funds to scale and accelerate delivery of its pipeline of customer orders. Led by co-CEOs Jakson Alvarez and Bill Beverley, Evolectric specializes in electrified transportation and battery technologies to convert fuel-guzzling and polluting commercial […]
Goodles Raises $13M in Series A Funding
Goodles, a Santa Cruz, CA-based noodle brand, raised $13M in Series A funding. The round was led by L Catterton, joined by Springdale, Third Craft Partners, Willow Growth, Alumni Ventures, GingerBread Capital, IMG-Endeavor, Cosmic VC, and Electric Feel Ventures. Strategic investors included Klay Thompson, Khris Middleton, Domantas Sabonis, DK Metcalf, Weston McKennie, Sergio Garcia, Aaron Gordon, Marcus Smart, David Grutman, Ilana Muhlstein, Marissa Hermer, Matt Rutler, Christina Aguilera, Mau y Ricky, and The Montaners. The company intends […]
Kin Raises $33M in Series D Extension
Kin, a Chicago, IL-based direct-to-consumer home insurance company, raised $33M in Series D extension funding. The round, which brought the Series D total to $142M and total amount to date to $265M, was led by QED Investors with participation from returning investors Geodesic Capital, Allegis Capital, Hudson Structured Capital Management Ltd. (doing its reinsurance business […]
Deduce Raises $9M in Funding
Deduce, a NYC-based provider of a patented technology platform designed to prevent AI-generated identity fraud, raised $9M in funding. The round was led by Freestyle Capital, with additional investment by Foundry and True Ventures. The company intends to use the funds to launch its GenAI Identity fraud solution out of stealth and help it scale […]
VideoAmp Raises $150M in Series G Funding
VideoAmp, a Los Angeles, CA- and NYC-based adtech company providing measurement, data and software solutions, raised $150M in Series G funding. The round was led by Vista Credit Partners. The company intends to use the funds to accelerate its growth and ability to empower content owners, advertisers and their media agencies with an advanced media […]