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Bzaar bags $4M to enable US retailers to source home, lifestyle products from India
Bzaar bags $4M to enable US retailers to source home, lifestyle products from India
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Bzaar bags $4M to enable US retailers to source home, lifestyle products from India

– Bzaar, a business-to-business cross-border marketplace, is connecting retailers with over 50 export-ready manufacturers in India.
– The U.S.-based company announced that it raised $4m in seed funding, led by Canaan Partners, and including angel investors Flipkart co-founder Binny Bansal, PhonePe founders Sameer Nigam and Rahul Chari, Addition founder Lee Fixel and Helion Ventures co-founder Ashish Gupta.
– Nishant Verman and Prasanth Nair co-founded Bzaar in 2020 and consider their company to be like a “fair without borders,” Verman put it.

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Tropic picks up $25M to streamline software procurement experiences
Tropic picks up $25M to streamline software procurement experiences
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Tropic picks up $25M to streamline software procurement experiences

– SaaS procurement platform Tropic raised $25m in Series A funding.
– The round was led by Canaan Partners and joined by Founder Collective and Shine.
– It brings Tropic to a total funding of $27.1m.
– The company plans to use the funding to expand its sales and marketing efforts.

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Mindtickle raises $100M to gamify sales training
Mindtickle raises $100M to gamify sales training
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Mindtickle raises $100M to gamify sales training

– Mindtickle, which provides a “sales readiness” platform for enterprises, announced it has closed a $100 million series E funding round led by SoftBank, with participation from Norwest Venture Partners, Canaan, NewView Capital, and Qualcomm Ventures.
– The funds, which bring the company’s total raised to $281 million at a $1.2 billion post-money valuation, will be used to expand Mindtickle’s sales enablement, revenue operations, and training teams, according to cofounder and CEO Krishna Depura.

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Lev Raises $30M in Series A Funding
Lev Raises $30M in Series A Funding
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Lev Raises $30M in Series A Funding

– Lev is a NYC-based online commercial real estate financing transaction platform.
– The company raised 30m in Series A funding.
– The round was led by Greenspring, with participation from First American Title and existing investors, including NFX, Canaan Partners, JLL Spark, Animo Ventures and Ludlow Ventures.
– The new investment will be used to expand the team, in their New York City HQ, Miami R&D center and Los Angeles outpost, as well as through remote positions, invest in product development and extend its services.

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Buzzer Raises $20M In Series A Financing
Buzzer Raises $20M In Series A Financing
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Buzzer Raises $20M In Series A Financing

– Buzzer from NYC is a mobile platform for personalization and discovery of live sports.
– The company closed $20m Series A funding.
– The round was led by existing investor Sapphire Sport and new investor Canaan Partners with participation from LaMelo Ball, Devin Booker, J. Cole, Wayne Gretzky, DeAndre Hopkins, Sabrina Ionescu, Michael Jordan, Patrick Mahomes, Auston Matthews, Connor McDavid, Renee Montgomery, Naomi Osaka, and Bobby Wagner, as well as early investors Lerer Hippeau and Anthony Noto [SoFi, Army West Point].

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nate Raises $38M in Series A Funding
nate Raises $38M in Series A Funding
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nate Raises $38M in Series A Funding

– nate is a NYC-based universal shopping app.
– The company raised $38m in Series A funding.
– The round was led by Renegade Partners, with participation from Forerunner Ventures and existing investors Canaan Partners and Coatue.
– The new investment will be used to expand the business of its online payment solutions.

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Construction robotics firm Dusty raises $16.5M
Construction robotics firm Dusty raises $16.5M
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Construction robotics firm Dusty raises $16.5M

– Dusty Robotics, a construction robotics company, raised $16.5m in Series A funding.
– The round was led by Canaan Partners and featured NextGen Venture Partners, Baseline Ventures, Root Ventures and Cantos Ventures.
– The company plans to use the funding to expand its team and product line.

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Synthekine Announces $107.5 Million Oversubscribed Series B Financing to Support Lead Programs to Clinical Proof of Concept, Advance Preclinical Programs and Platform
Synthekine Announces $107.5 Million Oversubscribed Series B Financing to Support Lead Programs to Clinical Proof of Concept, Advance Preclinical Programs and Platform
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Synthekine Announces $107.5 Million Oversubscribed Series B Financing to Support Lead Programs to Clinical Proof of Concept, Advance Preclinical Programs and Platform

– Synthekine closed an oversubscribed $107.5m Series B financing.
– The round was co-led by Deerfield Management and Janus Henderson Investors, with participation from RA Capital Management, Rock Springs Capital, Omega Funds, TCG X, Lilly Asia Ventures, and an undisclosed leading healthcare investor.
– Existing investors The Column Group, Samsara BioCapital, Canaan Partners, and Emerson Collective also participated in the round.
– Synthekine is advancing cytokine science and creating optimized therapeutics in this important space.
– Synthekine expects to move both programs into clinical investigation within the next year, with proceeds from the financing supporting clinical proof-of-concept data.

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Contentsquare Raises $500M in Series E Funding
Contentsquare Raises $500M in Series E Funding
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Contentsquare Raises $500M in Series E Funding

– Contentsquare is a global digital experience analytics company.
– Company raised $500M in Series E funding round.
– The round was led by SoftBank Vision Fund 2, which joined existing investors Eurazeo, Bpifrance, KKR, Canaan, Highland Europe, and funds and accounts managed by BlackRock.
– The new investment will be used to further develop its platform, advance AI innovation, and expand geographically.

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Fireflies.ai puts $14M into its AI videoconferencing assistant
Fireflies.ai puts $14M into its AI videoconferencing assistant
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Fireflies.ai puts $14M into its AI videoconferencing assistant

– Fireflies, an AI voice assistant that joins videoconferencing meetings to take notes, announced that it raised $14 million in series A funding led by Khosla Ventures, with participation from Canaan Partners and angel backers.
– It plans to use the proceeds to expand its platform and acquire new customers, as well as to grow the size of Fireflies’ workforce.
– Remote work is on the rise. With the need to manage distributed workforces, organizations have ramped up their usage of videoconferencing platforms. Global Market Insights predicts that the videoconferencing market will grow 19% between 2020 and 2026, reaching $50 billion in value by 2026. Zoom alone now hosts 45 billion minutes of webinars a year.

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Forte Raises $185M Series A at $1B Valuation Led by Griffin Gaming Partners
Forte Raises $185M Series A at $1B Valuation Led by Griffin Gaming Partners
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Forte Raises $185M Series A at $1B Valuation Led by Griffin Gaming Partners

– Forte, an organization building a blockchain-based economic platform for video games, announced it has raised $185M in Series A funding led by Griffin Gaming Partners.
– New and existing investors including Union Grove Venture Partners, Andreessen Horowitz, Battery Ventures, and Canaan also participated in the round.
– The Series A funding values the organization at $1B.
– Funds will be used to accelerate the development of its end-to-end blockchain platform, which lets developers create fungible and non-fungible tokens (NFTs), and build scalable token-based game economies.
– Forte’s economic technology aims to address the growing misalignment between game developers, players, and fans.

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Edge Impulse Raises $15M in Series A Funding
Edge Impulse Raises $15M in Series A Funding
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Edge Impulse Raises $15M in Series A Funding

– Edge Impulse, a San Jose, Calif.-based development platform for machine learning (ML) on edge devices, closed a $15m Series A funding.
– The round was led by Canaan Partners with participation from Acrew Capital, Fika Ventures, Momenta Ventures, and Knollwood Investment Advisory.
– The company intends to use the funds to continue to expand operations and its business reach.

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MoviePass co-founder’s PreShow Interactive raises $3M to expand into gaming
MoviePass co-founder’s PreShow Interactive raises $3M to expand into gaming
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MoviePass co-founder’s PreShow Interactive raises $3M to expand into gaming

– PreShow Interactive, a startup that provides gamers with virtual currency in exchange for watching ads, raised $3m in seed funding.
– The round was led by Harlem Capital and joined by Canaan Partners, Wavemaker Partners, Front Row Fund, ROC Fund, BK Fulton and Monroe Harris.
– The company is led by MoviePass’ founding CEO Stacy Spikes.

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Mantra Health Raises $2M; Total Funding to $5.2M
Mantra Health Raises $2M; Total Funding to $5.2M
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Mantra Health Raises $2M; Total Funding to $5.2M

– Mantra Health from NYC develops a digital mental health clinic.
– The company raised an extension of $2m bringing its total funding to $5.2m.
– The round was led by Canaan Partners, City Light Capital, and Baleon Capital, as well as strategic angels, including Dr. Nitin Nanda, the founder of Aligned Telehealth, acquired by Amwell.
– The new investment will be used to continue to expand its network of psychiatric and therapy providers to all 50 states and continue to sign and support contracts with health insurance carriers.

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Axis Security Raises $50M in Series C Funding
Axis Security Raises $50M in Series C Funding
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Axis Security Raises $50M in Series C Funding

– Axis Security from San Mateo develops a Zero Trust Network Access (ZTNA) platform.
– The company raised $50m in Series C funding.
– The round was led by Spark Capital with participation from existing investors Canaan Partners, Ten Eleven Ventures, and Cyberstarts.
– The investment will be used to accelerate product development and feature velocity, and expand go-to-market initiatives, including expanding its direct sales team, support for channel partners, integrations, and partnerships with security information and event management (SIEM), security orchestration, automation and response (SOAR), identity management, and endpoint security vendors among others.

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Glooko Raises $30M Series D Financing
Glooko Raises $30M Series D Financing
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Glooko Raises $30M Series D Financing

– Glooko, a leading provider of remote patient monitoring and chronic care management solutions including diabetes and obesity, has raised a $30m Series D round of funding.
– The financing was led by Health Catalyst Capital along with participation from existing investors Canaan Partners, Georgian, Novo Nordisk, Insulet and Mayo Clinic.
– Proceeds will be used to accelerate organic growth and strategic initiatives across the company’s broad and growing product line of advanced digital health solutions.

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Snyk Closes $300M Series E Financing; Valued at $4.7 Billion
Snyk Closes $300M Series E Financing; Valued at $4.7 Billion
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Snyk Closes $300M Series E Financing; Valued at $4.7 Billion

– Snyk from Boston is a cloud native application security company.
– The company closed a Series E financing, totaling $300m.
– The round was led by Accel and Tiger Global, with participation from existing investors Addition, Boldstart Ventures, Canaan Partners, Coatue, GV (formally Google Ventures), Salesforce Ventures, Stripes and funds managed by BlackRock; new investors include Alkeon, Atlassian Ventures, Franklin Templeton, Geodesic Capital, Sands Capital Ventures and Temasek.
– The company intends to use the funds to expand its business reach.

Source
Day One Biopharmaceuticals Inks $130M Series B Financing
Day One Biopharmaceuticals Inks $130M Series B Financing
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Day One Biopharmaceuticals Inks $130M Series B Financing

– Day One Biopharmaceuticals, a clinical-stage biopharmaceutical company focused on accelerating therapies for children and adults with cancer, announced a $130 million Series B financing.
– The financing was led by RA Capital Management with participation from additional new investors Boxer Capital, BVF Partners L.P., Franklin Templeton, Janus Henderson Investors, Perceptive Advisors, funds and accounts advised by T. Rowe Price Associates, Inc., and Viking Global Investors. Existing investors Canaan, Access Biotechnology, and Atlas Venture also participated.

Source
Day One Announces $130 Million Series B Financing to Accelerate New Targeted Cancer Treatments for Children
Day One Announces $130 Million Series B Financing to Accelerate New Targeted Cancer Treatments for Children
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Day One Announces $130 Million Series B Financing to Accelerate New Targeted Cancer Treatments for Children

– Day One Biopharmaceuticals announced a $130m Series B financing round bringing total investment in the company to $190m.
– The round was led by RA Capital Management with participation from additional new investors Boxer Capital, BVF Partners L.P., Franklin Templeton, Janus Henderson Investors, Perceptive Advisors, funds and accounts advised by T. Rowe Price Associates, Inc., and Viking Global Investors.
– Existing investors Canaan, Access Biotechnology, and Atlas Venture also participated.
– Proceeds from the Series B financing will allow Day One to accelerate and expand its search and evaluation capabilities, support drug development efforts and continue advancing commercial launch plans for the Company’s lead program, DAY101.

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