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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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TrustPoint Secures $2 Million in Seed Funding Round
TrustPoint Secures $2 Million in Seed Funding Round
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TrustPoint Secures $2 Million in Seed Funding Round

– TrustPoint, Inc., a startup with operations in Silicon Valley and Northern Virginia, announces that it has raised a $2M seed round from DCVC.
– GPS is a ubiquitous global utility: knowing one’s location and accurate time is critical for government, commercial, and consumer applications.
– Still, today’s solutions are inaccurate, slow, unencrypted, and susceptible to jamming and spoofing. These shortcomings make heritage GPS and other government-owned and -operated systems insufficient for tomorrow’s safety-critical and high-precision commercial applications, such as drone delivery, self-driving cars, urban air mobility, and augmented reality.

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TripleBlind secures $24M for a new approach to enterprise-level, privacy-preserving data sharing
TripleBlind secures $24M for a new approach to enterprise-level, privacy-preserving data sharing
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TripleBlind secures $24M for a new approach to enterprise-level, privacy-preserving data sharing

– TripleBlind, a startup that has devised a way to encrypt data so that it can be shared without ever being decrypted or even leaving the data owner’s firewall, and keeping the whole process compliant with data protection regulations, raised $24m in Series A funding.
– The round was co-led by General Catalyst and the Mayo Clinic, with AVG Basecamp Fund, Accenture Ventures, Clocktower Technology Ventures, Dolby Family Ventures, Flyover Capital, KCRise Fund, NextGen Venture Partners and Wavemaker Three-Sixty Health also participating.
– The company estimates there are some 43 zetabytes of data stored by enterprises today globally that is not being used as it could be because of the limitations imposed both by these and other data protection rules, as well as general hesitancy over sharing IP and other issues around sharing data.

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Deel Raises $425M in Series D Funding to Continue Transforming the Future of Work
Deel Raises $425M in Series D Funding to Continue Transforming the Future of Work
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Deel Raises $425M in Series D Funding to Continue Transforming the Future of Work

– Deel announced $425m Series D funding round taking total amount raised by the company to over $630m.
– The latest funding round values the company at $5.5bn.
– Deel has become the highest valued company in the global hiring, payments, and compliance space with this investment.
– The funding was led by US-based Coatue, with partners Rahul Kishore and Lucas Swisher leading the deal.
– Several new and existing investors also participated in this round, including Altimeter Capital, Andreessen Horowitz, the YC Continuity Fund, Spark Capital, Greenbay Ventures, Neo, and over 40 of the world’s leading operators.
– Deel serves more than 4,500 customers worldwide from names like Coinbase, Intercom and Shopify in over 150 countries.

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Data transformation platform Metrolink.ai raises $22M
Data transformation platform Metrolink.ai raises $22M
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Data transformation platform Metrolink.ai raises $22M

– Israel- and Palo Alto, California-based Metrolink.ai, which is developing a platform for data management, announced that it raised $22 million in a seed round led by Grove Ventures with participation from Eclipse Ventures.
– The company says that it’ll use the funds, which value Metrolink at $65 million post-money, to grow its R&D, marketing, and sales efforts and lay the groundwork for a U.S. expansion.
– Metrolink’s product aims to help enterprises build and deploy dataflow infrastructures using no-code visual dev tools.
– Data migration and transformation can present particular blockers in the enterprise.

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Drips Receives Growth Investment from the Blue Venture Fund
Drips Receives Growth Investment from the Blue Venture Fund
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Drips Receives Growth Investment from the Blue Venture Fund

– Drips secured a growth investment from the Blue Venture Fund to support the company’s vision of enabling healthcare organizations to connect with their members and patients during critical moments through its conversational AI platform.
– This investment follows the previously announced investment from leading software investor Accel-KKR and its credit facility with Wells Fargo Capital Finance’s Technology Finance group.

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Infrastructure-as-code management platform Spacelift nabs $15M
Infrastructure-as-code management platform Spacelift nabs $15M
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Infrastructure-as-code management platform Spacelift nabs $15M

– Spacelift, a platform that developer operations (DevOps) teams use to manage cloud infrastructure, has raised $15 million in a series B round of funding.
– The company adopts a so-called infrastructure-as-code (IaC) model to managing and provision data centers and networking infrastructure through code rather than manual processes.
– Other notable players in the space include HashiCorp’s Terraform and Env0, which secured $17 million in funding just a few months back.
– The company, which is headquartered in Redwood City, California with an additional hub in Poland, had previously raised around $7.6 million.

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Cannabis tech startup Dutchie raises $350M to double valuation to $3.75B in less than a year
Cannabis tech startup Dutchie raises $350M to double valuation to $3.75B in less than a year
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Cannabis tech startup Dutchie raises $350M to double valuation to $3.75B in less than a year

– Dutchie, a technology company that helps facilitate legal cannabis orders, raised $350m in Series D funding.
– The round was led by D1 Capital Partners, with participation from previous investors including Tiger Global, Dragoneer, DFJ Growth, Thrive Capital, Gron Ventures, and Casa Verde Capital, and new investors, including Willoughby Capital, Glynn Capital, and Park West Asset Management.
– It brings the company to a valuation of $3.75 billion.
– The company’s technology includes e-commerce, point of sale and seamless payment solutions and is used to power annual sales of more than $14 billion at 5,000 cannabis dispensaries across North America.

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Geospatial analytics startup AiDash lands $27M
Geospatial analytics startup AiDash lands $27M
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Geospatial analytics startup AiDash lands $27M

– AiDash, a company using satellite imagery and AI to monitor infrastructure, announced that it raised $27 million in series B funding led by G2 Venture Partners, with BGV, National Grid Partners, and additional strategic investors participating.
– The proceeds bring the company’s total raised to date to $33 million, which AiDash says will be put toward expanding its workforce and further developing its platform.
– Companies in a range of markets are using satellite imagery to improve efficiency, reduce environmental impact, and even make investment decisions.
– Driving the adoption is an explosion of data — at the start of 2019, an estimated 5,000 satellites revolved around the Earth’s orbit — but also advancements in AI that make analyses of the imagery more attainable than before.

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Space Perspective raises $40M for balloons that can take people into space
Space Perspective raises $40M for balloons that can take people into space
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Space Perspective raises $40M for balloons that can take people into space

– Space Perspective has raised $40m so it can give space tourists a gentle ride to the edge of space by attaching vehicles to giant space balloons.
– The company has already sold out its initial reservations for $125,000 for a six-hour flight.
– Billed as the world’s first luxury spaceflight experience, Cape Canaveral-based Space Perspective argues that you can enjoy the thrill of space exploration without having to endure a multi-g-force ride on a rocket.
– Instead, a balloon the size of a football stadium will take you up gently to the edge of the atmosphere, 20 miles above the Earth.
– There, you can snap pictures that show the view of Earth from space, including the curvature of the planet.
– VC firm Prime Movers Lab led the round with additional participation from existing and new investors.

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Obsesh Raises $1 Million Pre-Seed to Help Athletes Monetize Their Skills, Name, Image and Likeness
Obsesh Raises $1 Million Pre-Seed to Help Athletes Monetize Their Skills, Name, Image and Likeness
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Obsesh Raises $1 Million Pre-Seed to Help Athletes Monetize Their Skills, Name, Image and Likeness

– Obsesh closed a $1m pre-seed round.
– The company is building the sports marketplace of the future for athlete creators to monetize their skills and talents by connecting with their fans who want to train like a pro.
– Obsesh was founded by female entrepreneurs and athletes Tracy Benson (Home Depot & Best Buy) and Jonalyn Morris (Beats by Dre, Disney Interactive) to address the problem that many athletes struggle to make a living because they can’t easily turn followers into customers.
– Obsesh is a centralized marketplace interface for fans to book the world’s most talented athletes and get access to training, tips, and pro feedback easily with a few taps on their phone.
– Obsesh provides flexibility for athletes to set their own prices and the athlete keeps 75% of each transaction.

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Reliable Robotics lifts $100M to take autonomous cargo planes where none have gone before
Reliable Robotics lifts $100M to take autonomous cargo planes where none have gone before
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Reliable Robotics lifts $100M to take autonomous cargo planes where none have gone before

– Reliable Robotics, a startup that is developing autonomous aircraft systems, raised $130m in Series C funding.
– The round was led by Coatue Management and joined by Lightspeed Ventures, Eclipse Ventures, Teamworthy Ventures and Pathbreaker Ventures.
– The company plans to use the funds to scale the team and support its first aircraft certification program.

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Shop Latinx, the First Curated and Leading Marketplace for the Latinx Community, Announces Close of Initial $1 Million Pre-Seed VC Funding
Shop Latinx, the First Curated and Leading Marketplace for the Latinx Community, Announces Close of Initial $1 Million Pre-Seed VC Funding
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Shop Latinx, the First Curated and Leading Marketplace for the Latinx Community, Announces Close of Initial $1 Million Pre-Seed VC Funding

– Shop Latinx raised $1M in funding from investment partners Precursor Ventures, Backstage Capital, Debut Capital, 2PM, Humble Ventures, Hispanics in Philanthropy, Silicon Hills Capital, Techstars, among several other consumer angel investors.
– Shop Latinx has experienced exponential growth since its founding by entrepreneur Brittany Chavez in 2016, from a fan favorite Instagram account championing Latinx brands, designers and their stories to a full e-commerce marketplace boasting a community with over 100,000 highly engaged fans.
– Shop Latinx now features over 600 intentionally curated one-of-a-kind products from over 30 brands from brilliant creators and entrepreneurs with rich stories.

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Ganymed Robotics awarded a €2.5M grant from the European Commission through the EIC Accelerator Program
Ganymed Robotics awarded a €2.5M grant from the European Commission through the EIC Accelerator Program
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Ganymed Robotics awarded a €2.5M grant from the European Commission through the EIC Accelerator Program

– Ganymed Robotics secured a €2,5M grant through the European Innovation Council Accelerator program.
– EIC Accelerator is the most competitive public funding scheme for deeptech startups in the world, with this year over 2000 companies applying and only 65 winners.
– Ganymed Robotics is developing a radically new approach to surgical robotics by combining computer vision, a branch of artificial intelligence, and mechatronics.
– Ganymed’s first application is a robotic surgical assistant for total knee arthroplasties (TKA).
– Driven by a growing and aging population, demand for orthopedic surgery is rapidly increasing and the market for TKA is expected to rise from 2.4 million procedures in 2021 to 5.7 million in 2030 in the OECD alone.

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Founded by ex-Braintree and PayPal execs, Pagos raises $10M to offer API-driven payment intelligence
Founded by ex-Braintree and PayPal execs, Pagos raises $10M to offer API-driven payment intelligence
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Founded by ex-Braintree and PayPal execs, Pagos raises $10M to offer API-driven payment intelligence

– Pagos, a payment intelligence infrastructure startup, raised $10m in seed funding.
– The round was led by Underscore VC and Point72 Ventures, and joined by angels including former Venmo GM and current Accel investor Amit Jhawar; Bill Ready, Google’s president of commerce & payments; Billy Chen, VP of financial partnerships at Finix and former director of payments at Uber; and Rich LaBarca, GM of Dynamics 365 Customer Insights at Microsoft.
– The company is building a data “platform” and API-driven micro-services that it says can integrate with any payment stack.

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Automation-driven sales engagement platform Groove nabs $45M
Automation-driven sales engagement platform Groove nabs $45M
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Automation-driven sales engagement platform Groove nabs $45M

– Groove, an automation-driven sales engagement platform, announced that it closed a $45 million series B round led by Viking Global Investors with participation from Capital One Ventures, Level Equity, Quest Venture Partners, and Uncork Capital.
– The funds bring the company’s total raised to over $57 million to date, which cofounder and CEO Chris Rothstein says will be put toward product development and international workforce growth.
– It’s Groove’s assertion that the pandemic-fueled shift to digital selling is driving the convergence of sales engagement and revenue operations.
– But digital selling has also exposed a weakness in some companies’ customer relationship management (CRM) software: a lack of adoption.

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The Vendry Raises $6.5M in Seed Funding
The Vendry Raises $6.5M in Seed Funding
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The Vendry Raises $6.5M in Seed Funding

– The Vendry is a NYC-based marketplace and professional community for corporate event planners.
– The company closed a $6.5m seed funding round.
– The round was led by Peter Boyce, Founder of Stellation Capital, with participation from Founder Collective, Primary Ventures, WGI Group, Leadout Capital, Operator Partners, Brilliant Friends, Howard Lerman, Brian Distelburger, Jason Harinstein, Geoff Yang, and Ed Zimmerman.
The company intends to use the funds to expand its product and engineering teams in order to invest in new platform developments.

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Misfits Gaming Group Raises $35M in Funding
Misfits Gaming Group Raises $35M in Funding
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Misfits Gaming Group Raises $35M in Funding

– Misfits Gaming Group from Boca Raton, FL is a global esports and entertainment company.
– The company raised $35m in funding.
– The round was led by The E.W. Scripps Company (NASDAQ: SSP).

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Cyber risk management platform provider Panorays nabs $42M
Cyber risk management platform provider Panorays nabs $42M
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Cyber risk management platform provider Panorays nabs $42M

– Panorays, a provider of security risk management software, announced that it closed a $42m series B funding round led by Greenfield Partners with participation from Aleph and Oak HC/FT, as well as new investors BlueRed Partners, Greenspring Associates, and Moneta VC.
– The company says that it plans to spend the capital on product R&D and hiring as it looks to expand the size of its platform.
– Investments in cyber risk mitigation technologies continue to grow as cyberattacks proliferate during the pandemic. In 2020, the average business cost of a cyberattack was $3.86m, and it took over 200 days to detect the breach.
– Perhaps unsurprisingly, Gartner projects that worldwide spending on information security and risk management technology and services is forecast to climb 12.4% to reach $150.4bn in 2021.

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Spotnana – Travel’s First Open Innovation Platform, Launches With $41 Million in Funding
Spotnana – Travel’s First Open Innovation Platform, Launches With $41 Million in Funding
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Spotnana – Travel’s First Open Innovation Platform, Launches With $41 Million in Funding

– Spotnana Technology emerged from stealth mode and announced $41 million in funding. The funding includes a $34 million Series A led by ICONIQ and Madrona Venture Group.
– Spotnana is the first technology company to build an open global innovation platform for travel.
– The company’s TMC service is now live with more than 50 early corporate travel customers, providing seamless global service for business travelers and empowering administrators to manage travel across dozens of global offices from one single online dashboard.
– The funding will be used to expand the services available on the Spotnana platform and to build sales, marketing, partner, customer success organizations.

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General Lattice Raises $1M in Pre-Seed Funding
General Lattice Raises $1M in Pre-Seed Funding
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General Lattice Raises $1M in Pre-Seed Funding

– General Lattice, a Chicago, IL-based advanced computational and digital manufacturing company, raised $1m in pre-seed funding.
– The round was led by AP Ventures LLC, the strategic investment arm of All Points Logistics LLC.
– The company intends to use the capital to invest resources into a recently secured R&D contract with the U.S. Army Combat Capabilities Development Command Soldier Center (DEVCOM SC), to expand its commercial and Federal customer base in the continental United States, and to continue the development of parametric design tools to simplify lattice generation processes.

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