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Gamma Launches With $7M in Seed Funding
Gamma Launches With $7M in Seed Funding
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Gamma Launches With $7M in Seed Funding

– Gamma is a productivity suite building a replacement for slide decks.
– The company launched with $7M in Seed funding.
– The round was led by Accel, with participation from Eric Yuan, Jeff Weiner, Script Capital, South Park Commons, LocalGlobe, Afore and Hustle Fund, as well as founders at Airtable, Patreon, Segment, Honey and Optimizely.
– The company intends to use the funds to continue to build out the team and the product.

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Autobrains Announces $101 Million Series C Funding Led by Temasek
Autobrains Announces $101 Million Series C Funding Led by Temasek
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Autobrains Announces $101 Million Series C Funding Led by Temasek

– Autobrains, developer of first-of-its-kind self-learning artificial intelligence technology for assisted and autonomous driving, today announced it raised $101 million in Series C financing led by Temasek, a global investment company headquartered in Singapore.
– Additional participants in the round include new investors Knorr-Bremse AG, a leading automotive player and VinFast, a fast-growing flagship Vietnamese car manufacturer, as well as existing investor BMW and long-term strategic partner, Continental AG.
– The funding will grow the company’s commercial reach into new global markets.

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Kianda Technologies Raises €1.5M in Funding
Kianda Technologies Raises €1.5M in Funding
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Kianda Technologies Raises €1.5M in Funding

– Kianda Technologies, a Dublin, Ireland-based provider of a platform to digitize and streamline business processes, raised €1.5m in funding.
– The round was led by Kernel Capital through the Bank of Ireland Kernel Capital Growth Fund, supported by Enterprise Ireland.
– The company intends to use the funds to continue to expand operations and its business reach as well as to enhance product development.

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Tifin Raises $47M in Series C at $447M Valuation
Tifin Raises $47M in Series C at $447M Valuation
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Tifin Raises $47M in Series C at $447M Valuation

– Tifin is a Boulder, CO- and NYC-based fintech platform using AI for wealth and asset management.
– The company raised $47m in Series C funding.
– The round was led by Hamilton Lane (NASDAQ: HLNE), which joined J.P. Morgan Asset Management, Morningstar, and Broadridge.
– The new investment will be used to expand the company’s business reach via additional acquisitions, as well as working with the strategic partners to accelerate their fintech innovation initiatives.

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Hinge Health Raises $600M in Funding
Hinge Health Raises $600M in Funding
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Hinge Health Raises $600M in Funding

– Hinge Health is a San Francisco, CA-based digital health company.
– Company raised $400m in Series E financing at a $6.2b valuation.
– The round was led by Tiger Global and Coatue Management, with Alkeon and Whale Rock acquiring ownership as part of a $200m secondary investment.
– The new investment will be used to continue building a patient-centered Digital Musculoskeletal (MSK) Clinic to help reduce MSK pain, surgeries, and opioid by pairing advanced wearable sensors and computer vision technology with a comprehensive clinical care team of physical therapists, physicians, and board-certified health coaches.

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Magnus Medical Raises $25M in Series A Financing
Magnus Medical Raises $25M in Series A Financing
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Magnus Medical Raises $25M in Series A Financing

– Magnus Medical, Inc. from Burlingame is developing non-invasive neurostimulation technology designed to treat major depressive disorder (MDD) in people who have not improved sufficiently from antidepressant medication or other treatments.
– The company raised $25m in Series A funding.
– The round was co-led by Jazz Venture Partners and Red Tree Venture Capital.

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SlashNext Closes $26M Series B Funding
SlashNext Closes $26M Series B Funding
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SlashNext Closes $26M Series B Funding

– SlashNext is a Pleasanton, CA-based AI phishing defense company.
– The company closed a $26m Series B funding.
– Backers included new investors Tom and Matt Gallo, Telia Group, and the ACTIVE Fund of the Ayala group, and early investors Norwest, Wing, and Alter Ventures.
– The new investment will be used to scale customer acquisition and operations domestically and internationally.

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Aren Secures $2M in Seed Funding
Aren Secures $2M in Seed Funding
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Aren Secures $2M in Seed Funding

– Aren from Tel Aviv is a leading civil infrastructure management Software-as-a-Service (SaaS) platform.
– The company announced its seed capital raise of $2 million.
– The round was led by Shadow Ventures, with Rho Capital Partners, MetaProp, Technion Angels, Green Egg Ventures, HBS Alumni Angels, Turf Advisory, COINS, and Maccabee Ventures as major participants.

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Kebony Raises €30M in Funding
Kebony Raises €30M in Funding
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Kebony Raises €30M in Funding

– Kebony is a Oslo, Norway-based environmentally friendly wood modification technology company.
– The company raised €30m in funding.
– The round was led by Jolt Capital and Lightrock with participation from existing shareholders such as Goran, MVP, FPIM, PMV and Investinor.
– The new investment will be used to accelerate growth initiatives in core markets in Europe and the US.

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ClearFlame Engine Technologies Raises $17M in Series A Funding
ClearFlame Engine Technologies Raises $17M in Series A Funding
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ClearFlame Engine Technologies Raises $17M in Series A Funding

– ClearFlame Engine Technologies, a Geneva, Ill.-based startup dedicated to the development of net-zero engine technology, secured $17m in Series A financing.
– The round was led by Breakthrough Energy Ventures with participation from Mercuria, John Deere and Clean Energy Ventures.
– The company intends to use the funds to commercialize its engine technology for the long-haul trucking, agriculture and power generation sectors.

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Vensica Therapeutics Closes $16 Million Investment Round
Vensica Therapeutics Closes $16 Million Investment Round
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Vensica Therapeutics Closes $16 Million Investment Round

– Vensica closed an investment round of $16m.
– The round was led by Israel Biotech Fund (“IBF”), a venture fund investing in Israeli and Israeli-related biotechnology and pharmaceutical companies.
– Other investors in the round include Laborie, a global urology device company, Lew Pell, an experienced medical device investor, Agriline, a trust of which Vincent Tchenguiz is a discretionary beneficiary, and The Trendlines Group, an investor in innovation-based medical and agricultural technologies.
– Funds raised will support the company’s phase II multicenter clinical trials in Europe and the USA.

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Forensic Analytics Raises £4.5M in Funding
Forensic Analytics Raises £4.5M in Funding
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Forensic Analytics Raises £4.5M in Funding

– Forensic Analytics is a digital forensics company based in Letchworth, Hertfordshire, UK.
– The company raised £4.5m in funding.
– The funding was led by Mercia Asset Management PLC via its own balance sheet and the Northern VCT Funds.
– The new investment will be used to further invest into its innovative cloud-based software platform and expand its sales internationally.

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Exosystems Raises $3.9M in Series A Funding
Exosystems Raises $3.9M in Series A Funding
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Exosystems Raises $3.9M in Series A Funding

– Exosystems is a Seoul, South Korea-based artificial intelligence (AI)-based digital healthcare company and a member of Born2Global Centre.
– The company raised USD 3.9m in Series A funding.
– Backers included SBI Investment, Laguna Investment, and Korea Technology Finance Corporation.
– The new investment will be used to expand clinical & technical capabilities to further develop its technology and overseas business.

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Apollo.io Raises $32M in Series B Funding to Make B2B Sales Prospecting More Intelligent, Automated and Accessible
Apollo.io Raises $32M in Series B Funding to Make B2B Sales Prospecting More Intelligent, Automated and Accessible
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Apollo.io Raises $32M in Series B Funding to Make B2B Sales Prospecting More Intelligent, Automated and Accessible

– Apollo.io, the leading go-to-market acceleration platform for B2B companies, raised $32M in a Series B funding round led by Tribe Capital, with participation from NewView Capital and existing investor Nexus Venture Partners.
– Apollo.io plans to expand its product and engineering teams to refine its category-leading technology.

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NeuraLight Raises $5.5M in Seed Funding
NeuraLight Raises $5.5M in Seed Funding
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NeuraLight Raises $5.5M in Seed Funding

– NeuraLight, an Austin, Texas and Tel Aviv, Israel-based company treating neurological disorders by digitizing neurology care, launched out of stealth with $5.5m in seed funding.
– Backers included MSAD, Kli, Tuesday, Operator Partners, and VSC Ventures, as well as angel investors including Trax Retail’s founding CEO Tamara Minick-Scokalo, Instacart CEO Fidji Simo, who recently launched Health Research Institute Metrodora, Clover Health CEO Vivek Garipalli, and Noam Soloman, CEO of Immunai.
– The company aims to enhance the lives of people suffering from neurological disorders by digitizing neurological evaluation and care.

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Awardco Raises $65M in Series A Funding
Awardco Raises $65M in Series A Funding
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Awardco Raises $65M in Series A Funding

– Awardco, a Provo, Utah-based employee rewards and recognition company that builds culture through value-driven recognition, raised $65m in Series A funding.
– This round, which brought Awardco’s valuation to more than $900m, was led by General Catalyst and Ryan Smith, Qualtrics co-founder and Utah Jazz majority owner.
– The new investment will be used to scale Awardco’s product offerings and features.

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SimScale Raises €25M Series C Extension
SimScale Raises €25M Series C Extension
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SimScale Raises €25M Series C Extension

– SimScale is a SaaS platform making high-fidelity simulation technically and economically accessible to engineers worldwide.
– The company raised an additional €25M as an extension to its Series C funding.
– The round was co-led by Draper Esprit and Insight Partners, with participation from Earlybird, June, Vsquared and USV.
– The new investment will be used to expand into new industries and add simulation capabilities.

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Convergent Dental Raises $40M in Series C Funding
Convergent Dental Raises $40M in Series C Funding
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Convergent Dental Raises $40M in Series C Funding

– Convergent Dental, a Needham, MA-based developer of a laser to enable anesthesia-free, pain-free dentistry, raised $40m in Series C round.
– The round was led by Arboretum Ventures, with participation from existing investors, including Long River Ventures and the Gund Foundation.
– The new investment will be used to expand the company’s product portfolio and increase investment in market development.

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Unlock Raises $2M in Seed Funding
Unlock Raises $2M in Seed Funding
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Unlock Raises $2M in Seed Funding

– Unlock from London, UK is a SaaS-enabled marketplace to build culture among remote teams.
– The company raised $2m in seed funding.
– The round was led by La Famiglia with participation from Kima Ventures, Antler, GuideStar Ventures and angels Eduardo Ronzano, Thibaud Elziere, Frederic Montagnon, Julien Romanetto, Nicolas Steegmann, Philipp Moehring, Andy Chung, Ville Vesterinen and Deepali Nangia from Atomico Angel Network, Richard Faern, Ian Hathaway, Lu Li, co-founders of Personio and Foodora, VP Product at Malt etc.
– The company intends to use the funds to continue to expand operations and its business reach.

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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.

Source
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.

Source
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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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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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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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.

Source
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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Unicorn Nest news

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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Unicorn Nest news

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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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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Unicorn Nest news

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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Unicorn Nest news

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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Unicorn Nest news

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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Unicorn Nest news

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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Unicorn Nest news

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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