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Founded last year, Mozart Therapeutics lands $55M to develop therapies for celiac and other diseases
Founded last year, Mozart Therapeutics lands $55M to develop therapies for celiac and other diseases
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Founded last year, Mozart Therapeutics lands $55M to develop therapies for celiac and other diseases

– Mozart Therapeutics, a Seattle-based biotech startup, raised $55m funding.
– The round was led by ARCH Venture Partners along with Sofinnova Partners.
– Other backers include MRL Ventures Fund from Merck, Leaps by Bayer, and Eli Lilly & Company.

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TLcom and 4DX drive $13.1M seed round to scale Autochek’s platform across Africa
TLcom and 4DX drive $13.1M seed round to scale Autochek’s platform across Africa
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TLcom and 4DX drive $13.1M seed round to scale Autochek’s platform across Africa

– Autochek, a pan-African automotive company, raised $13.1m in seed funding.
– The round was led by TLcom Capital and 4DX Ventures, and joined by existing investors Golden Palm Investments, Enza Capital, Lateral Capital, and others.
– First-time investors ASK Capital and Mobility 54 Investment SAS also participated.
– The company has raised $16.5m in two financing rounds.

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Amplify Raises $215 Million in a Growth Funding Round From Learn Capital, A-Street Ventures, and Current Investor Emerson Collective
Amplify Raises $215 Million in a Growth Funding Round From Learn Capital, A-Street Ventures, and Current Investor Emerson Collective
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Amplify Raises $215 Million in a Growth Funding Round From Learn Capital, A-Street Ventures, and Current Investor Emerson Collective

– Amplify, a publisher of next-generation curriculum and assessment programs, announced it has raised $215m in growth funding round with Learn Capital and A-Street Ventures.
– The funding will accelerate Amplify’s remarkable growth in providing students and teachers with high-quality, digital-forward instructional programs and helping districts address unfinished learning from the pandemic.
– Amplify plans to use the funds to make strategic acquisitions in best-of-breed education companies and to accelerate product development across its portfolio, with a focus on its digital supplemental programs.

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SimBioSys Raises $15 Million Series A to Develop the Future of Precision Cancer Care
SimBioSys Raises $15 Million Series A to Develop the Future of Precision Cancer Care
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SimBioSys Raises $15 Million Series A to Develop the Future of Precision Cancer Care

– SimBioSys announced it raised $15m in Series A funding to accelerate the development and commercialization of its TumorScope software platform.
– The company’s novel, simulation-based, precision medicine platform enables individualized treatment planning for cancer patients.
– This Series A was co-led by Genoa Ventures and Northpond Ventures, with participation from AV8 Ventures, Heritage Medical Group, and Mayo Clinic.
– Existing investors and founders also participated in this financing round, bringing the company’s total capital raised to $21m.
– In the first half of 2021, SimBioSys tripled its headcount, bringing in expert clinicians, scientists, and executives from the life sciences industry.

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Cloud security and analytics platform Devo raises $250M to bolster R&D efforts
Cloud security and analytics platform Devo raises $250M to bolster R&D efforts
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Cloud security and analytics platform Devo raises $250M to bolster R&D efforts

– Devo Technology, a startup developing cloud logging and cybersecurity products, announced that it raised $250 million in a series E funding round valuing the company at $1.5 billion.
TCV led the investment along with General Atlantic, Eurazeo, Bessemer Venture Partners, Insight Partners, Georgian, and Kibo Ventures, which brings Devo’s total funds raised to more than $400 million.
– CEO Marc van Zadelhoff says that the money will be put toward “aggressive growth” across new regions and verticals and “significantly increas[ing] investment” in channel expansion and product R&D.

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Malaysia-based Poladrone raises $4.29M seed round to protect crops
Malaysia-based Poladrone raises $4.29M seed round to protect crops
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Malaysia-based Poladrone raises $4.29M seed round to protect crops

– Poladrone, a drone startup, raised $4.29m in seed funding.
– The round was led by Wavemaker Partners and joined by MTDC, ZB Capital Limited, and angel investors.
– The company plans to use the funding for hiring and to scale operations and to build more service centers in agricultural areas.

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Sonrai Security Announces $50M in Series C Funding Led by ISTARI to Scale Multicloud Security for Global Enterprises
Sonrai Security Announces $50M in Series C Funding Led by ISTARI to Scale Multicloud Security for Global Enterprises
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Sonrai Security Announces $50M in Series C Funding Led by ISTARI to Scale Multicloud Security for Global Enterprises

– Sonrai Security announced a $50M Series C funding round.
– The round was led by ISTARI, a global cybersecurity platform dedicated to helping clients build cyber resilience, with participation from existing investors Polaris Partners, Menlo Ventures, TenEleven Ventures and New Brunswick Innovation Fund.
– The Series C round brings the total capital raised by Sonrai to $88 million.
– Sonrai plans to use new funding to accelerate research and development and expand sales and marketing globally for the company’s industry-leading cloud security platform.
– Public cloud complexity for global enterprises is exploding as microservices, workloads and associated ‘non-people’ identities proliferate rapidly.
– Sonrai has identified 17,000 unique permissions settings across AWS, Azure and GCP cloud platforms with approximately 20 new permissions added daily.

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Coefficient raises $6.7M to supercharge spreadsheets with data smarts
Coefficient raises $6.7M to supercharge spreadsheets with data smarts
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Coefficient raises $6.7M to supercharge spreadsheets with data smarts

– Coefficient, the no-code business analytics startup Loiwal cofounded, is hoping to change all that.
– Launched into beta last year, Coefficient adds a layer of two-way data connectivity and automation to Google Sheets so that businesses can easily plug in a variety of live data sources and do more with their spreadsheets.
– The company is announcing $6.7 million in seed funding that will allow Loiwal and his team to take their simple, spreadsheet-supercharging solution to the next level.

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Drone data analytics provider DroneBase nabs $20M
Drone data analytics provider DroneBase nabs $20M
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Drone data analytics provider DroneBase nabs $20M

– DroneBase, a company providing drones as a service to capture high-resolution aerial photos, announced that it raised $20 million in a funding round led by Euclidean Capital with participation from Union Square Ventures, Upfront Ventures, Energy Transition Ventures, Hearst Ventures, Pritzker Group Venture Capital, and Valor Equity Partners.
– The company says that the funds will be put toward expansion in the renewable energy industry and other segments with “high-value” infrastructure, like commercial real estate and insurance.
– Investments in drone startups are growing as the benefits of AI applied to aerial photography become clear. For example, algorithms analyze images from drones to monitor for corrosion, pests, and even livestock health. And insurers like State Farm leverage drones for claims inspections, assessing on-the-ground damage, and emergency resources following a disaster.

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Coefficient raises $6.7M to supercharge spreadsheets with data smarts
Coefficient raises $6.7M to supercharge spreadsheets with data smarts
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Coefficient raises $6.7M to supercharge spreadsheets with data smarts

– Coefficient, the no-code business analytics startup Loiwal cofounded, is hoping to change all that.
– Launched into beta last year, Coefficient adds a layer of two-way data connectivity and automation to Google Sheets so that businesses can easily plug in a variety of live data sources and do more with their spreadsheets.
– The company is announcing $6.7 million in seed funding that will allow Loiwal and his team to take their simple, spreadsheet-supercharging solution to the next level.

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Sana Secures $20M in Series A Extension Funding to Break up the ‘Big 5’ Health Insurance Monopoly
Sana Secures $20M in Series A Extension Funding to Break up the ‘Big 5’ Health Insurance Monopoly
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Sana Secures $20M in Series A Extension Funding to Break up the ‘Big 5’ Health Insurance Monopoly

– Sana, a provider of health insurance for small and midsize businesses, announced the closing of $20m in series A extension funding.
– Sana offered this extension to strengthen ties with existing lead investor Gigafund and to bring in several new strategic partners, including American Family Ventures, Breyer Capital, JAM Fund, and Harmon Brothers Ad Ventures.
– Existing investors, including Trust Ventures and mark vc, also joined the round.
– Investments from top investors in insurtech, insurance, regulated industries, and some of the most successful early-stage investors in the country speak to Sana’s trajectory towards becoming an industry leader and challenging the Big 5 health insurance companies.
– Sana will implement the strategies of those most intimately familiar with the nuances of the health insurance and healthcare spaces and those who have been successful at vetting business models of early-stage firms.
– Sana is available in Arizona, Oklahoma, Texas, Illinois, and Kentucky and has grown its customer base by 140% in just the past year.

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Robotics-powered ‘microfulfillment’ startup Fabric raises $200M
Robotics-powered ‘microfulfillment’ startup Fabric raises $200M
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Robotics-powered ‘microfulfillment’ startup Fabric raises $200M

– Fabric, a startup developing a “microfulfillment” automation platform for retailers, announced that it raised $200m in series C funding led by Temasek with participation from Koch Disruptive Technologies, Union Tech Ventures, Harel Insurance & Finance, Pontifax Global Food and Agriculture Technology Fund, Canada Pension Plan Investment Board, KSH Capital, Princeville Capital, Wharton Equity, and others.
– With a valuation of over $1bn and $336m in capital raised to date, Fabric plans to expand its headcount and build a network of microfulfillment centers across major cities in the U.S.

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DNA Script Raises $165M in Oversubscribed Series C Financing to Accelerate Commercialization of Enzymatic DNA Printing Platform
DNA Script Raises $165M in Oversubscribed Series C Financing to Accelerate Commercialization of Enzymatic DNA Printing Platform
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DNA Script Raises $165M in Oversubscribed Series C Financing to Accelerate Commercialization of Enzymatic DNA Printing Platform

– DNA Script announced it has raised $165m in a Series C financing round.
– The round was led by Coatue Management and Catalio Capital Management, whose representatives have joined as Board observers.
– The new funds will be used to accelerate expansion and commercialization of the company’s revolutionary SYNTAX Platform and broaden the portfolio of products powered by EDS.
– The SYNTAX Platform provides in-house DNA printing – without using toxic organic chemicals or extended delivery wait times from third-party DNA service providers – for labs of all sizes.

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Augury Raises $180M To Become One of the First Industry 4.0 Unicorns
Augury Raises $180M To Become One of the First Industry 4.0 Unicorns
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Augury Raises $180M To Become One of the First Industry 4.0 Unicorns

– Augury has secured $180m in new funding bringing the company’s post-funding valuation to over $1b.
– With this round, Augury has raised a total of $286m.
– Augury’s mission is to build a world where people can always rely on the machines that matter, by providing its customers with superior insights into the health and performance of the machines they use to make products, deliver services and improve lives.
– The proceeds of this round, combined with unused funds from its Series-D round, will give Augury over $200m to expand globally, create offerings for new industries such as energy, and continue to innovate in Augury’s core manufacturing market to help its customers to improve the reliability, resiliency and efficiency of their machines and operations.

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Rapid Silicon Announces Seed Funding of $15M
Rapid Silicon Announces Seed Funding of $15M
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Rapid Silicon Announces Seed Funding of $15M

– Rapid Silicon, a provider of AI-enabled application-specific FPGAs based on open-source technology, announced $15 million in seed funding led by ChengWei Capital and Cambium Capital.
– Rapid Silicon is headed by industry veteran Dr. Naveed Sherwani and has offices in San Jose and Shanghai, and plans to expand with additional offices in Europe and Asia.
– Rapid Silicon’s new generation of FPGAs targets a wide range of applications, allowing customers to introduce differentiated products in record time.

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Vopero Announces Strategic Investment from Grupo Axo and thredUP to Grow Sustainable Fashion Resale Marketplace in Latin America
Vopero Announces Strategic Investment from Grupo Axo and thredUP to Grow Sustainable Fashion Resale Marketplace in Latin America
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Vopero Announces Strategic Investment from Grupo Axo and thredUP to Grow Sustainable Fashion Resale Marketplace in Latin America

– Vopero, the full-service fashion resale marketplace in Latin America, announced a USD $7.5 million investment from Grupo Axo, a strategic apparel, accessories, and household goods multi-channel and multi-brand operator, and thredUP (NASDAQ: TDUP), one of the largest online resale platforms for women’s and kids’ apparel, shoes, and accessories.
– Vopero was founded in November 2020 in Uruguay by Alejandro Esperanza, CEO; Maggie Ferber, CPO; and Ignacio Cattivelli, CTO.

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Citcon Closes $30M Series C Funding
Citcon Closes $30M Series C Funding
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Citcon Closes $30M Series C Funding

– Citcon received $30m in Series C financing led by Norwest Venture Partners and Cota Capital.
– The new funding will support the rapid addition of world-class staff and global expansion that builds on the company’s international presence on four continents.
– The company’s annualized payment volume is more than $1 billion, representing 300%+ year-on-year growth.
– Citcon’s global enterprise payments gateway allows merchants to participate in global commerce by enabling secure online or in-store transactions with more than 100 different payment methods, including mobile wallets, local payment schemes, and traditional credit cards — all through one single integration and reconciliation platform.

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Brazilian insurtech Justos raises $35.8M in Ribbit Capital-led Series A
Brazilian insurtech Justos raises $35.8M in Ribbit Capital-led Series A
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Brazilian insurtech Justos raises $35.8M in Ribbit Capital-led Series A

– Justos, a startup that says it will be the first insurance company in Brazil to use data when determining rates, has raised a $35.8 million Series A round of funding led by Ribbit Capital.
SoftBank’s Latin American Fund and GGV participated as new investors, in addition to existing backers Kaszek, BigBets, Nubank CEO David Velez and Kavak CEO Carlos Garcia Ottati.
– The process to get insurance in the country, by any accounts, is a slow one. It takes up to 72 hours to receive initial coverage and two weeks to receive the final insurance policy. Insurers also take their time in resolving claims related to car damages and loss due to accidents, the entrepreneurs say. They also charge that pricing is often not fair or transparent.

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Button Finance Raises $2 Million Seed Round
Button Finance Raises $2 Million Seed Round
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Button Finance Raises $2 Million Seed Round

– Button Finance, Inc. Closes $2 Million Seed Raise.
– Entities advised by Hildene Capital Management participated in the seed funding round.
– Hildene is a $13 billion structured credit focused asset manager based in Stamford, CT.
– Button Finance enables homeowners to borrow against their home equity through a hassle-free online process that delivers quick decisions and funding in as little as five days.
– The company has built an AI-powered underwriting platform that enables it to lend to borrowers who are under-served by traditional lenders.
– While Button’s immediate focus is on home equity loans, the company plans to expand into a broader range of loan products over the next 24 months.
– Hildene was joined by L&L Capital Partners and angel investors from the NY fintech ecosystem.

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Greece’s Pop Market, another dark store grocery delivery startup, gets $3.5M
Greece’s Pop Market, another dark store grocery delivery startup, gets $3.5M
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Greece’s Pop Market, another dark store grocery delivery startup, gets $3.5M

– Greek startup Pop Market raised €3.5m in seed funding.
– The round was led by Global Founders Capital and 468 Capital.
– The company is a dark store-based on-demand grocery delivery service.

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Corporate learning platform 360Learning raises $200 million
Corporate learning platform 360Learning raises $200 million
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Corporate learning platform 360Learning raises $200 million

– 360Learning, a French e-learning company, raised $50m funding.
– The round was led by Bpifrance’s Large Venture fund and joined by XAnge and Educapital.
– Existing investors also participated in the round.
– The company plans to hire more people, expand to new markets and make some acquisitions.

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Toolio bags $8M in new funding to keep your retail shop fully stocked with the right products
Toolio bags $8M in new funding to keep your retail shop fully stocked with the right products
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Toolio bags $8M in new funding to keep your retail shop fully stocked with the right products

– Toolio, a cloud-based merchandising and inventory planning software, raised $8m in Series A funding.
– The round was led by Jump Capital and joined by Rho Capital’s Ignition Fund and existing investors like Founder Collective, Notation Capital and Max Ventures.
– The latest funding gives Toolio a total of $10.3m raised since the company was founded in 2019.

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B12 raises $15.7M to become the Shopify for professional services firms
B12 raises $15.7M to become the Shopify for professional services firms
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B12 raises $15.7M to become the Shopify for professional services firms

– B12, a startup that is focused on helping those smaller professional service organizations such as law and accounting firms or mortgage brokerages more easily accept online payments and build a digital presence in general, announced it has raised $15.7m in funding led by Tola Capital.
Breyer Capital, General Catalyst, Naval Ravikant and others also put money in the round, which brings B12’s total funding to $28.1m.

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Socratic nabs $3M seed to build data-driven task management system for developers
Socratic nabs $3M seed to build data-driven task management system for developers
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Socratic nabs $3M seed to build data-driven task management system for developers

– Socratic, an early-stage startup that wants to bring data to bear on a developer-focused task management system, announced a $3m seed investment from Unusual Ventures, Overtime.vc and a couple of industry angels.
– The company is also opening up public beta of the software starting today.
– Company co-founder and CEO Nolan Wright says that he wants to build a new kind of task management system by using data to drive decisions.
– “Socratic is the first task management system that has been built from the ground up to use data and data science to help individuals and teams work better,” Wright explained.
– It does this by letting developers work as they normally do, while Socratic works behind the scenes tracking all the critical data.

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Deep North, which uses AI to track people from camera footage, raises $16.7M
Deep North, which uses AI to track people from camera footage, raises $16.7M
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Deep North, which uses AI to track people from camera footage, raises $16.7M

– Deep North, a Foster City, California-based startup applying computer vision to security camera footage, announced that it raised $16.7 million in a series A-1 round.
– Led by Celesta Capital and Yobi Partners, with participation from Conviction Investment Partners, Deep North plans to use the funds to make hires and expand its services “at scale,” according to CEO Rohan Sanil.
– Deep North, previously known as Vmaxx, claims its platform can help brick-and-mortar retailers “embrace digital” and protect against COVID-19 by retrofitting security systems to track purchases and ensure compliance with masking rules.
– But the company’s system, which relies on algorithms with potential flaws, raises concerns about both privacy and bias.

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UpEquity Closes $50M Series B Funding Round to Democratize Homebuying
UpEquity Closes $50M Series B Funding Round to Democratize Homebuying
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UpEquity Closes $50M Series B Funding Round to Democratize Homebuying

– UpEquity has closed a $50m Series B funding round led by S3 Ventures with $20m in equity and $30m in debt.
Next Coast Ventures also participated in the round, along with BP Capital Management, Alumni Ventures, Gaingels, Launchpad Capital and Early Light Ventures.
– UpEquity has seen year-over-year revenue growth of 500% and has raised a total of $77m to date.
– The company anticipates originating more than $1bn in mortgages over the next 12 months.
S3 Ventures Partner Charlie Plauche will be joining the UpEquity board.
– UpEquity is part of a new class of startups called Power Buyers that are enabling homebuyers to make all-cash offers.

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Contraline Closes $10.7 Million Series A Financing to Become a Clinical Stage Company
Contraline Closes $10.7 Million Series A Financing to Become a Clinical Stage Company
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Contraline Closes $10.7 Million Series A Financing to Become a Clinical Stage Company

– Contraline, Inc. has closed $10.7m in its Series A financing.
– The financing round was led by MBX Capital, a venture capital firm that invests in early-stage healthcare and life sciences companies.
– The infusion of capital will support the initiation of a first-in-human trial of ADAM™, the world’s first hydrogel implant designed to provide long-lasting, non-permanent contraception for men.
– The ADAM hydrogel is injected into the vas deferens through a quick and minimally invasive outpatient procedure, where it’s designed to block the flow of sperm.
– This trial on ADAM is believed to be the first clinical trial on a non-hormonal male contraceptive device in over 20 years.

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Candy Digital Secures $100 Million Investment in Series A Round; Values Company At $1.5bn
Candy Digital Secures $100 Million Investment in Series A Round; Values Company At $1.5bn
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Candy Digital Secures $100 Million Investment in Series A Round; Values Company At $1.5bn

– Candy Digital announced a $100m Series A financing round, which values the company at $1.5bn.
– The round was co-led by leading global private equity and venture capital firms Insight Partners and Softbank Vision Fund 2. Additional participants in the round include Connect Ventures, an investment partnership between leading entertainment and sports agency Creative Artists Agency (CAA) and global venture capital firm New Enterprise Associates, Will Ventures, Gaingels, Com2Us, Athletes Syndicate in partnership with Chaos Ventures, which includes participation from current and retired MLB, NFL, NBA, and NHL players, and NFL Hall of Famer Peyton Manning.
– Candy Digital is building Major League Baseball’s official NFT ecosystem where fans and collectors will be able to purchase, trade, and share officially licensed NFTs to deepen their love of the sport.

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DentalMonitoring, the Leading AI-Based Dental Software Company, Announces a $150 Million Growth Financing, Reaching a Valuation Over $1 Billion
DentalMonitoring, the Leading AI-Based Dental Software Company, Announces a $150 Million Growth Financing, Reaching a Valuation Over $1 Billion
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DentalMonitoring, the Leading AI-Based Dental Software Company, Announces a $150 Million Growth Financing, Reaching a Valuation Over $1 Billion

– DentalMonitoring has become the first dental software company to attain a valuation over $1 billion announcing a $150m growth financing.
– The round is led by new investment of $90m from Mérieux Equity Partners and $60m from Vitruvian Partners, an existing financial investor, demonstrating confidence in the company’s ambitious plans.
– DentalMonitoring is the first player to harness AI for remote monitoring in the dental and orthodontic fields. Driven by the treating doctor, DentalMonitoring’s AI automates messages and instructions sent to patients and practice staff to synchronize the delivery of care with the need of care.

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The Online Chemical Marketplace, BluePallet Closes Their Latest Round Led by Industry Leader, Vinmar International
The Online Chemical Marketplace, BluePallet Closes Their Latest Round Led by Industry Leader, Vinmar International
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The Online Chemical Marketplace, BluePallet Closes Their Latest Round Led by Industry Leader, Vinmar International

– BluePallet, the digital marketplace connecting manufacturers with the chemical industry, announced their latest round at $5m led by Vinmar Ventures.
– The funding brings BluePallet’s total raise to $10m, with seed funding coming from other chemical industry veterans including Terry Hill, Barentz CEO of North America; Matthew Brainerd, CEO of Brainerd Chemical Co.; and Bruce Schechinger, former chairman of the National Association of Chemical Distributors.
– Founded in 2020 through the merger of EchoSystem, the chemical marketplace and fintech player, Velloci – BluePallet’s market network model is modernizing trade and transactions for a category that supports nearly every industry from everyday consumer goods to pharmaceuticals and agriculture.

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ReCode Therapeutics Raises Oversubscribed Series B Financing Round of $80 Million
ReCode Therapeutics Raises Oversubscribed Series B Financing Round of $80 Million
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ReCode Therapeutics Raises Oversubscribed Series B Financing Round of $80 Million

– ReCode Therapeutics announced the closing of an $80m Series B financing round co-led by Pfizer Ventures and EcoR1 Capital.
– The round was led by Pfizer Ventures and EcoR1 Capital.
– New investors include Sanofi Ventures, funds managed by Tekla Capital Management, Superstring Capital and NS Investment.
– Existing investors who participated included OrbiMed, Vida Ventures, MPM Capital, Colt Ventures, Hunt Technology Ventures, and Osage University Partners.

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Zerigo Health Raises $43 Million in Series B Funding to Drive Adoption of the Industry’s Only Connected Light Therapy Solution to Treat Chronic Skin Conditions
Zerigo Health Raises $43 Million in Series B Funding to Drive Adoption of the Industry’s Only Connected Light Therapy Solution to Treat Chronic Skin Conditions
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Zerigo Health Raises $43 Million in Series B Funding to Drive Adoption of the Industry’s Only Connected Light Therapy Solution to Treat Chronic Skin Conditions

– Zerigo Health announced a $43m Series B investment led by 7wireVentures, joined by General Catalyst, Dragoneer, Cigna Ventures, Leverage Health Solutions, and Leaps by Bayer.
– The round also included participation by existing investors including SV Health Investors, H.I.G. Capital, and Bluestem Capital.
– This round will allow Zerigo Health to respond to the increasing demand for its innovative connected chronic skin condition solution for the over 40 million Americans living with psoriasis, vitiligo, and eczema.
– Glen Tullman, Managing Partner of 7wireVentures, former Founder and CEO of Livongo, and Chief Executive Officer of Transcarent, will join as Executive Chairman of the company’s Board of Directors.

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Via Separations Raises Oversubscribed $38 Million Series B Led by NGP ETP to Transform Industrial Energy Use
Via Separations Raises Oversubscribed $38 Million Series B Led by NGP ETP to Transform Industrial Energy Use
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Via Separations Raises Oversubscribed $38 Million Series B Led by NGP ETP to Transform Industrial Energy Use

– Via Separations, a rapidly-scaling technology company that enables industrial decarbonization, announced a $38m investment, led by NGP ETP, a growth equity investor focused on opportunities in the global transition toward a lower carbon economy.
2040 Foundation also participated in the round, alongside existing investors, including: The Engine, Safar Partners, Prime Impact Fund, Embark Ventures and Massachusetts Clean Energy Center.
– The new capital will be used to drive deployment in the pulp and paper sector and accelerate platform expansion to reduce energy usage throughout chemical production.
– Via has begun deploying its platform to slash energy use and propel enhanced production in the pulp and paper sector with its sights set on broadly applicable industrial manufacturing.
– The company is electrifying industrial processes by replacing inefficient thermal separations with filtration-based systems.

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Superplastic raises $20M to expand its cartoon influencer universe
Superplastic raises $20M to expand its cartoon influencer universe
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Superplastic raises $20M to expand its cartoon influencer universe

– Superplastic, a company from the creator of Ello and Kidrobot, raised $20m funding.
– The round was led by Google Ventures, Index Ventures, Founders Fund, Craft Ventures, Day One Ventures, Galaxy Digital, Kakao, LINE Friends and individual investors like Cyan Banister, Jared Leto, Justin Timberlake and Scooter Braun.
– The company owns an animated collab house of “synthetic superstars” — characters who live on social media and pop up everywhere else through partnerships with celebrities, iconic fashion brands and gaming platforms.

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Workforce analytics platform SkyHive raises $40M
Workforce analytics platform SkyHive raises $40M
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Workforce analytics platform SkyHive raises $40M

– SkyHive Technologies, a company developing workforce planning software, announced that it closed a $40 million series B round led by holding company Eldridge Industries, with participation from Allegis Cyber, Accenture Ventures, Workday Ventures, and the Partnership Fund For New York City.
– The proceeds will be put toward growing SkyHive’s operations as the company looks to expand its customer base, as well as supporting ongoing product R&D efforts.
– People analytics — also known as talent analytics or HR analytics — refers to analytics that can help managers and executives make decisions about their workforce.
– SkyHive analyzes labor market data to enable customers to benchmark against competitors, forecast talent needs, and drive strategy.

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Credo AI launches backed by $5.5 million to help companies with ‘ethical AI’
Credo AI launches backed by $5.5 million to help companies with ‘ethical AI’
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Credo AI launches backed by $5.5 million to help companies with ‘ethical AI’

– Credo AI, a SaaS outfit, raised $5.5m in funding.
– The company’s promise is pretty straightforward as she explains it, even as it’s managing the complex.
– Credo AI addresses what is often a lack of accountability within organizations by giving them a control panel with the tools to manage all manner of data they are collecting, as well as suggest controls they might not be using, like IEEE standards they can integrate to provide stronger guardrails for their machine learning models.
– Credo AI’s software is not a one-size-fits all offering, Singh notes. Different organizations see different impacts from their models, and even within so-called industry verticals, individual companies often have different objectives.

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AI model optimization startup Deci raises $21M
AI model optimization startup Deci raises $21M
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AI model optimization startup Deci raises $21M

– Tel Aviv, Israel-based Deci, a company developing a platform to optimize machine learning models, announced that it raised $21 million in a series A round led by Insight Partners with participation from Square Peg, Emerge, Jibe Ventures, Samsung Next, Vintage Investment Partners, and Fort Ross Ventures.
– The investment, which comes a year after Deci’s $9.1 million seed round, brings the company’s total capital raised to $30.1 million and will be used to support growth by expanding sales, marketing, and service operations, according to CEO Yonatan Geifman.

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Hex Technologies Raises $16 Million Series A to Help Data Teams Do More, Together
Hex Technologies Raises $16 Million Series A to Help Data Teams Do More, Together
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Hex Technologies Raises $16 Million Series A to Help Data Teams Do More, Together

– Hex Technologies, the collaborative data workspace that empowers organizations to drive impact from their data, announced that it has raised $16 million in Series A financing, bringing its total funding to $21.5 million.
– The round was led by Redpoint Ventures with participation from previous investors Amplify Partners, as well as Data Community Fund, Geometry, Operator Collective, Tokyo Black, Vandelay Ventures, XYZ Venture Capital and individual investors.
– Redpoint Managing Director Tomasz Tunguz has joined the Hex Board of Directors.
– Hex will use the funding to grow its exceptional product and go-to-market teams, and continue building its platform.

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Brazil’s Hash raises $40M in a round led by QED and Kaszek for its white-label payments software
Brazil’s Hash raises $40M in a round led by QED and Kaszek for its white-label payments software
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Brazil’s Hash raises $40M in a round led by QED and Kaszek for its white-label payments software

– Hash, a payment infrastructure fintech, raised $40m in Series C funding.
– The round was led by QED Investors and Kaszek.
– It brings the total funding to $59m since its inception in 2017.
– The company offers “end-to-end” payment infrastructure for non-financial B2B companies looking to offer banking services.

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Resistant AI scores $16.6M for its anti-fraud fintech tools
Resistant AI scores $16.6M for its anti-fraud fintech tools
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Resistant AI scores $16.6M for its anti-fraud fintech tools

– Resistant AI, which uses artificial intelligence to help financial services companies combat fraud and financial crime, has raised $16.6m in Series A funding.
GV led the round, with participation from existing investors Index Ventures, Credo Ventures and Seedcamp, plus several unnamed angel investors specializing in financial technology and security.
– The funding will be used to meet rising demand from global financial institutions, including by building out its product, engineering and sales operations teams beyond its existing footprint — which also includes offices in London and New York.
– The startup says it has 30 customers signed up at this stage to use its dedicated anti-fraud security products — which include machine learning detection of fraudulent documents and AI for spotting problematic patterns of transactions.

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Rossum raises record $100 million Series A from General Catalyst to reinvent B2B document communication
Rossum raises record $100 million Series A from General Catalyst to reinvent B2B document communication
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Rossum raises record $100 million Series A from General Catalyst to reinvent B2B document communication

– Rossum, the artificial intelligence company that is re-inventing the way businesses send documents to each other, has raised $100m from one of the US’s best known funds, General Catalyst in what is Eastern Europe’s largest ever Series A.
– Previous investors, including LocalGlobe, Seedcamp, Miton and Elad Gil are participating, as Rossum looks to capitalise on surging corporate demand for automation in business processes.
– Having rapidly secured market leadership in document AI technology and become the go-to software for many of Europe’s biggest companies, Rossum is creating a universal document gateway designed to help the corporate world move faster and complete transactions in minutes not weeks.

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Carlyle and Leading Healthcare-Focused Venture Funds Announce Strategic Growth Investment of up to $430 Million in Saama
Carlyle and Leading Healthcare-Focused Venture Funds Announce Strategic Growth Investment of up to $430 Million in Saama
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Carlyle and Leading Healthcare-Focused Venture Funds Announce Strategic Growth Investment of up to $430 Million in Saama

– Saama technologies announced a strategic growth investment and will be acquired by Carlyle.
– Saama’s intelligent Life Science Analytics Cloud (LSAC) is used by over 50 pharma and biotech companies on more than 1,500 studies.
– As an end-to-end platform, LSAC provides a unified approach to clinical trial data management and analytics.
– Carlyle has made a strategic growth investment and will acquire a majority stake in the Company.
– A broad co-investor group with several healthcare-focused venture funds, including Amgen Ventures, Intermountain Ventures, Merck Global Health Innovation Fund, McKesson Ventures, Northpond Ventures, Pfizer Ventures, and Population Health Partners, will be investing alongside Carlyle.

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Quantum Computing Startup Multiverse Computing Closes €10 Million Investment Round
Quantum Computing Startup Multiverse Computing Closes €10 Million Investment Round
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Quantum Computing Startup Multiverse Computing Closes €10 Million Investment Round

– Multiverse Computing, the first quantum computing startup dedicated to finance, announced it has closed a seed funding round of €10 million (USD $11.55 million).
– Multiverse Computing developed its flagship product Singularity® for companies in the financial industry seeking a strong competitive advantage by applying quantum computing solutions.
– The product enables financial professionals to run ultra-efficient quantum algorithms on any quantum computer from a simple spreadsheet to address highly complex problems, such as portfolio optimization and fraud detection, without requiring any knowledge of quantum computers.
– The round was led by JME Ventures and also included Quantonation, EASO Ventures, Inveready, CLAVE Capital (Mondragón Fondo de Promoción), Ikerlan, LKS, Penja Strategy, Seed Gipuzkoa and Ezten Venture Capital Fund.

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property.xyz Raises £268,000 in Angel Seed Round to Create the Amazon of Property Investment
property.xyz Raises £268,000 in Angel Seed Round to Create the Amazon of Property Investment
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property.xyz Raises £268,000 in Angel Seed Round to Create the Amazon of Property Investment

– property.xyz has secured a seed round of angel investment of £268,000 from eleven, experienced investors in the fields of technology, finance and real estate.
– Co-founders Robert Jones and Dr Simone Di Cola started development on property xyz in 2019, which entered a beta phase in August 2020.
– With the portal having been vigorously user-tested by agents, homebuilders, property investors and buy-to-let landlords the next year of the roadmap has now been announced.
– Throughout the user testing process it became clear that there is a very active community of house buyers and sellers, of an investor class, who are under-served by the existing property portals, who focus on typical homeowners.

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ShouTi Secures $100 Million Series B Financing to Accelerate Development of Life-Changing Medicines Fueled by Advanced Computational, Structure-Based Drug Design Platform
ShouTi Secures $100 Million Series B Financing to Accelerate Development of Life-Changing Medicines Fueled by Advanced Computational, Structure-Based Drug Design Platform
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ShouTi Secures $100 Million Series B Financing to Accelerate Development of Life-Changing Medicines Fueled by Advanced Computational, Structure-Based Drug Design Platform

– ShouTi Inc. announced the close of a $100m Series B financing round.
– The round was led by BVF Partners. Additional new investors include Casdin Capital, Cormorant Asset Management, Janus Henderson Investors, Lilly Asia Ventures, Monashee Capital, Sage Partners, Stork Capital, Surveyor Capital (a Citadel company), TCG X, Terra Magnum Capital Partners, Woodline Partners, and co-founder and strategic partner Schrödinger.
– Existing investors also participated in the financing, including Eight Roads, F-Prime Capital Partners, Qiming Venture Partners, Sequoia Capital China, TF Capital and Wuxi AppTec.

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WebFX Announces Strategic Investment from Trilantic North America
WebFX Announces Strategic Investment from Trilantic North America
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WebFX Announces Strategic Investment from Trilantic North America

– WebFX announced a capital investment from Trilantic North America.
– This partnership furthers the mission of WebFX to provide Digital Marketing That Drives Revenue ® for companies around North America.
– WebFX plans to create 300 additional jobs over the next 5 years.
– WebFX attracts top digital talent from around the globe and is #1 Best Place to Work in Pennsylvania for six years running.
– The company is a Google Premier Partner, Facebook Partner, Amazon Partner, and Shopify Partner.
– Named the 2020 Horizon Interactive Best Agency of the Year, WebFX’s POSITIVE Code and FXBuilds program help fuel WebFX’s goal to help more than 10,000 people around the world through projects like building schools and providing access to clean water.
– Canaccord Genuity advised WebFX on this transaction.

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SafetyChain Software Receives $50 Million Strategic Growth Investment from JMI Equity
SafetyChain Software Receives $50 Million Strategic Growth Investment from JMI Equity
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SafetyChain Software Receives $50 Million Strategic Growth Investment from JMI Equity

– SafetyChain Software announced a $50m minority growth investment from JMI Equity.
– With the additional capital SafetyChain will continue to advance its market leadership positions in food and beverage and consumer packaged goods while also accelerating the growth of several key expansion initiatives.
– JMI is a growth equity firm focused on investing in leading software companies.
– SafetyChain Software provides a cloud-based plant management platform for process manufacturers.
– With products spanning supply chain, safety, quality, compliance, and production management, SafetyChain offers a centralized solution for measuring and integrating key performance indicators across customer facilities and suppliers.
– SafetyChain counts many of the nation’s leading consumer packaged goods and food and beverage companies among its customers, including Albertson’s, Driscoll’s, JBS, Tyson Foods, and more.

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Chase Therapeutics Announces $20 Million Series B Financing to Advance Clinical Trials in Parkinson’s Disease and Major Depressive Disorder
Chase Therapeutics Announces $20 Million Series B Financing to Advance Clinical Trials in Parkinson’s Disease and Major Depressive Disorder
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Chase Therapeutics Announces $20 Million Series B Financing to Advance Clinical Trials in Parkinson’s Disease and Major Depressive Disorder

– Chase Therapeutics Corporation completed a milestone-based $20M Series B financing led by Chinalink Asia Holdings of Hong Kong.
– The company also announced that Javier Romero, Chairman and CEO of Chinalink, will join the Board of Directors.
– The proceeds of the Series B will support Phase 3 pivotal trials for CTC-501 for the treatment of Major Depressive Disorder (MDD) and CTC-413 for the treatment of Parkinson’s Disease (PD) as well as completion of the development and validation of a diagnostic product for Parkinson’s Disease.

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PragmatIC Semiconductor Secures $80 Million Funding
PragmatIC Semiconductor Secures $80 Million Funding
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PragmatIC Semiconductor Secures $80 Million Funding

– PragmatIC Semiconductor announced an $80m Series C funding round.
– PragmatIC is the world leader in flexible electronics.
– PragmatIC is using the new funds to build a second FlexLogIC fab in the North East of England, to meet the growing demand for ultra-low-cost flexible integrated circuits (FlexICs) for the Internet of Everything, and strengthening the position of the UK in its ambition to be a leading designer and manufacturer of next generation semiconductors.
– The round has been subscribed by a highly qualified select group of industrial and individual investors with significant experience in the semiconductor industry.

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OfficeRnD, a SaaS for managing hybrid workplaces, grabs $10M
OfficeRnD, a SaaS for managing hybrid workplaces, grabs $10M
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OfficeRnD, a SaaS for managing hybrid workplaces, grabs $10M

– OfficeRnD, a workplace management software for landlords and office managers, raised $10m in Series A funding.
– The round was led by Runa Capital with Flashpoint Venture Capital and LAUNCHub Ventures also participating.
– The funding will be used to dial up OfficeRnD’s marketing with the aim of expanding market share, including by growing its partnerships.
– At this stage OfficeRnD has more than 1,000 customers using its tools to manage more than 2,000 flexible spaces and offer what it describes as a “work from anywhere” experience that currently touches “tens of thousands” of tenants and more than 300,000 employees.

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