ContactMonkey, a Toronto, Canada-based internal email communications platform, closed a Series A funding of $55m. Updata Partners made the investment. As part of the deal, Updata Partner Braden Snyder and Operating Partner Sloan Gaon will join ContactMonkey’s Board of Directors. The company intends to use the funds to double down on its success in Canada, Europe, the US …
Extropic, a US physics-based computing company, raised 14.1m in seed funding. The round was led by Steve Jang and Kindred Ventures (Uber, Coinbase, Humane), with participation from Buckley Ventures (Rippling, Figma, Vercel, Mercury), HOF Capital, Julian Capital, Marque VC, OSS Capital, Valor Equity Partners, Weekend Fund, and several others. Angel investors included Aidan Gomez (Cohere), …
Spade, a NYC-based provider of real-time merchant intelligence for the card ecosystem, raised $10M in Series A funding. The round was led by Flourish Ventures with continued participation from a16z, Gradient Ventures, Y Combinator, Dash Fund, and Everywhere Ventures. The company intends to use the funds to expand operations and its business reach. Led by CEO Oban MacTavish, Spade provides real-time …
BioStar Capital, a Petoskey, Mich.-based strategic venture capital firm focusing on medical technologies, closed its fifth fund, at $130.3m. Led by founder Louis Cannon, M.D., a cardiovascular physician, innovator, and educator, as well as Alan Davis, M.D., orthopedic surgeon, now Emeritus Staff at The Cleveland Clinic, BioStar focuses on such fields as: Read more on VCWire.tech, …
Ladder, an Austin, TX-based, provider of an app for strength training, raised $12M in Series A funding. The round was led by Tapestry VC and LivWell Ventures. The company intends to use the funds to expand operations and its business reach. Led by CEO Greg Stewart, Ladder provides a training app, which makes it easy …
The Sleep Company, a prominent player in the comfort-tech industry, has successfully raised ₹184 crore in a Series C funding round, with continued support from existing investors Premji Invest and Fireside Ventures. This strategic funding infusion aims to propel the company’s offline footprint, facilitate expansion into untapped regions, and broaden its product portfolio. Notably, this …
Chennai-based GrowXCD Finance has secured Rs 50 crore in a series A funding round led by Lok Capital, with the initial Rs 30 crore tranche already closed. The firm, focusing on micro, small, and medium enterprises (MSMEs), plans to utilize the funds to establish its initial team, develop technologies, and expand its presence in both …
VitriVax, a Boulder, CO-based formulation technology company, received $5M two-year grant from Bill & Melinda Gates Foundation. The grant will allow the company to develop further its proprietary single shot, thermostabilization vaccine technology (ALTA™) and begin the development of pilot-scale manufacturing capacity. Led by CEO Romulo Colindres, VitriVax has engineered its proprietary atomic layering thermostable …
MaintainX, a San Francisco, CA-based provider of a maintenance and frontline work execution platform, raised $50M in funding. The round, which brought the total amount to $104M, was led by Bain Capital Ventures (BCV) with participation from existing investors Bessemer Venture Partners, Amity Ventures, August Capital and Ridge Ventures. Other investors included Jeff Immelt, Jeff Lawson, Steve Pagliuca, Rob Bernshteyn, Chris …
Sharpen, a Concord, MA-based company providing a science-backed, early risk assessment and high-outcome digital reading program designed specifically to empower parents, raised $11M in funding. The round was led by Learn Capital. The company intends to use the funds to expand operations and its business reach. Led by President Jack Kelleher, Sharpen offers pre-k and …
