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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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Walnut Raises $15M in Series A Funding
Walnut Raises $15M in Series A Funding
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Walnut Raises $15M in Series A Funding

– Walnut is a NYC-based sales experience platform provider.
– The company raised $15m in Series A funding.
– The round was led by Eight Roads Ventures.
– The new funding will be used to expand the team, develop the technology and platform.

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Innovusion Raises $66 Million in Series B Plus Financing to Accelerate the Global Adoption of Autonomous Transportation
Innovusion Raises $66 Million in Series B Plus Financing to Accelerate the Global Adoption of Autonomous Transportation
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Innovusion Raises $66 Million in Series B Plus Financing to Accelerate the Global Adoption of Autonomous Transportation

- Innovusion raised $66m in Series B Plus financing. - The round was led by Guotai Junan International Private Equity Fund (GTJAI) with participation from Shunwei Capital. Existing investors Nio Capital, F-Prime Capital, Eight Roads Ventures, and Temasek also participated in the round. - Innovusion will use the new infusion of capital to increase the production capabilities of its automotive-grade LiDARs, expand their global footprint, and further broaden its research and development efforts to promote the widespread adoption of LiDAR technology across autonomous vehicles, smart infrastructure, and high-speed rail transit systems.

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Innovusion Raises $66 Million in Series B Plus Financing to Accelerate the Global Adoption of Autonomous Transportation
Innovusion Raises $66 Million in Series B Plus Financing to Accelerate the Global Adoption of Autonomous Transportation
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Innovusion Raises $66 Million in Series B Plus Financing to Accelerate the Global Adoption of Autonomous Transportation

- Innovusion raised $66m in Series B Plus financing. - The round was led by Guotai Junan International Private Equity Fund (GTJAI) with participation from Shunwei Capital. Existing investors Nio Capital, F-Prime Capital, Eight Roads Ventures, and Temasek also participated in the round. - Innovusion will use the new infusion of capital to increase the production capabilities of its automotive-grade LiDARs, expand their global footprint, and further broaden its research and development efforts to promote the widespread adoption of LiDAR technology across autonomous vehicles, smart infrastructure, and high-speed rail transit systems.

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Inceptio Technology Raises US$270M in Series B Financing
Inceptio Technology Raises US$270M in Series B Financing
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Inceptio Technology Raises US$270M in Series B Financing

– Inceptio Technology is a Shangai, China-based autonomous driving truck technology and operating company.
– Company closed a US$270m Series B equity financing.
– The round was led by JD Logistics (02618.HK), Meituan (03690.HK), and PAG with participation from Deppon Express (603056.SH), IDG Capital, CMB International, SDIC, Mirae Asset, Eight Roads, and Broad Vision Funds, as well as existing shareholders GLP Hidden Hill Capital, CATL (300750.SZ), NIO Capital and Eastern Bell Capital.
– The company intends to use the funds to accelerate the development of its self-developed full-stack autonomous driving system “Xuanyuan”, and speed up its deployment in electrification.

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MoEngage raises $32.5M to inject customer engagement with AI
MoEngage raises $32.5M to inject customer engagement with AI
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MoEngage raises $32.5M to inject customer engagement with AI

– MoEngage, an AI customer engagement platform, announced it has raised $32.5 million in a round led by Multiples Alternate Asset Management, with participation from Eight Roads Ventures, F-Prime Capital, and Matrix Partners.
– The San Francisco-based company says the new capital, which brings its total raised to over $72 million, will be used to support its global growth strategy and strengthen its AI and predictive capabilities.

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Spendesk Raises €100M in Series C Funding
Spendesk Raises €100M in Series C Funding
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Spendesk Raises €100M in Series C Funding

– Spendesk is a Paris, France-based spend management platform for finance teams.
– The company raised €100M in Series C funding.
– The round was led by General Atlantic with participation from previous investors Index Ventures and Eight Roads Ventures.
– The new funding will be used to hire talent, accelerate product innovation, and expand in Europe.

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Castor Raises $45M Series B to Modernize the Clinical Trial Process and Maximize the Impact of Research Data on Patient Lives
Castor Raises $45M Series B to Modernize the Clinical Trial Process and Maximize the Impact of Research Data on Patient Lives
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Castor Raises $45M Series B to Modernize the Clinical Trial Process and Maximize the Impact of Research Data on Patient Lives

– Castor, a leading provider of clinical trial software, announced the closing of a $45m Series B financing round.
– The round, led by Eight Roads Ventures and F-Prime Capital with participation from existing investors Two Sigma Ventures and Inkef Capital, will fuel continued product development with a particular focus on scaling direct-to-patient trials globally.
– Most clinical trials today require a long set-up time and are conducted at brick-and-mortar research sites which make trial participation inconvenient for patients and leave researchers in the dark about patient data in-between site visits.

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Insilico Medicine Raises $255 Million in Series C Financing Led by Warburg Pincus
Insilico Medicine Raises $255 Million in Series C Financing Led by Warburg Pincus
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Insilico Medicine Raises $255 Million in Series C Financing Led by Warburg Pincus

– Insilico Medicine announced that it has closed a $255m Series C.
– The financing led by Warburg Pincus, and participated by current investors including Qiming Venture Partners, Pavilion Capital, Eight Roads Ventures, Lilly Asia Ventures, Sinovation Ventures, BOLD Capital Partners, Formic Ventures, Baidu Ventures, and new investors including CPE, OrbiMed, Mirae Asset Capital, B Capital Group, Deerfield Management, Maison Capital, Lake Bleu Capital, President International Development Corporation, Sequoia Capital China and Sage Partners.
– The financing will be used to progress Insilico Medicine’s current therapeutic programs into human clinical trials, initiate multiple new programs for novel and difficult targets, and further develop its AI and drug discovery capabilities.

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Gloat Raises $57M Series C to Help Employees Thrive and Businesses Execute Faster in the New World of Work
Gloat Raises $57M Series C to Help Employees Thrive and Businesses Execute Faster in the New World of Work
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Gloat Raises $57M Series C to Help Employees Thrive and Businesses Execute Faster in the New World of Work

– Gloat announced a $57M Series C funding round led by Accel, with participation from existing investors Eight Roads Ventures, Intel Capital, Magma Venture Partners, and PICO Partners.
– With total funding of $92M, the company will accelerate product innovation and market expansion as it aims to bring workforce agility to every enterprise and more dynamic careers to every individual.
– Gloat was founded in 2015 by Ben Reuveni, Amichai Schreiber and Danny Shteinberg, with the belief that the traditional approach to work, jobs and careers that has been at the heart of enterprise operations since the industrial revolution is now holding businesses and their people back.

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Whatfix secures $90M to power contextual guidance in enterprise apps
Whatfix secures $90M to power contextual guidance in enterprise apps
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Whatfix secures $90M to power contextual guidance in enterprise apps

– Whatfix, a “digital adoption” platform that enterprises use to bake user support tools into their software, has raised $90 million in a series D round of funding.
– The company’s latest funding tranche was spearheaded by SoftBank’s Visions Fund 2, with participation from Cisco Investments, Sequoia Capital India, Eight Roads Ventures, F-Prime Capital, and Dragoneer Investment Group.

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

– Interactio from Vilnius is a remote interpretation platform that provides remote participation for multilingual online and onsite meetings.
– The company raised $30m in Series A funding.
– The round was led by Eight Roads Ventures and Storm Ventures with participation from Practica Capital, Notion Capital, Change Ventures and angels such as Jaan Tallinn and Young Sohn.
– The new funding will be used to accelerate the company’s growth in Europe and US.

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FarEye Announces $100 Million Series E Round Led by TCV and Dragoneer
FarEye Announces $100 Million Series E Round Led by TCV and Dragoneer
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FarEye Announces $100 Million Series E Round Led by TCV and Dragoneer

– FarEye, a leading end-to-end, global delivery management platform, has announced a USD 100m Series E round led by TCV and Dragoneer Investment Group.
– Existing investors Eight Roads Ventures, Fundamentum and Honeywell also participated in the round.
– The funds will be used to accelerate the company’s mission of empowering brands to provide Amazon Prime-like delivery experiences and redefining how products are delivered across diverse logistics networks.

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Image-Grade LiDAR Company Innovusion Raises $64 Million
Image-Grade LiDAR Company Innovusion Raises $64 Million
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Image-Grade LiDAR Company Innovusion Raises $64 Million

– Innovusion is a worldwide leader in the design and development of image-grade LiDAR (Light Detection and Ranging) systems.
– The company raised $64m in Series B funding.
– The round was led by Temasek, BAI Capital, and Joy Capital.
– Existing investors NIO Capital, Eight Roads Ventures, and F-Prime Capital also participated in the round.
– The funding will be used to increase the production capabilities of its automotive-grade LiDARs, support supply-chain partners for mass production capabilities, and further expand Innovusion’s research and development efforts around advanced LiDAR Technologies.
– Innovusion’s products are widely used across autonomous vehicles, smart cities, high-speed rail transit systems, and have been recognized by clients as a top performer.

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Planck, the insurance data analytics platform, raises $20M growth round
Planck, the insurance data analytics platform, raises $20M growth round
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Planck, the insurance data analytics platform, raises $20M growth round

– Planck, an AI-based data platform for commercial insurance underwriting, raised $20m funding.
– The funding came from 3L Capital and Greenfield Partners, along with returning investors Team8, Viola Fintech, Arbor Ventures and Eight Roads.
– This brings the New York-based startup’s total raised to $48m.
– Planck said it currently works with “dozens of commercial insurance companies in the U.S.,” including more than half of the top-30 insurers.
– It will use its new funding to build its U.S. team, expand into global markets and add products for new business segments.

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Otrium raises $120 million for its end-of-season fashion marketplace
Otrium raises $120 million for its end-of-season fashion marketplace
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Otrium raises $120 million for its end-of-season fashion marketplace

– Otrium, a fashion e-commerce startup, raised $120m funding.
– The round was led by BOND and Index Ventures and joined by Eight Roads Ventures.
– Otrium is currently available in Europe.
– The company plans to use the funding to expand its business in Europe.

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Quizizz Secures $12.5M in Series A Funding
Quizizz Secures $12.5M in Series A Funding
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Quizizz Secures $12.5M in Series A Funding

– Quizizz is a Bangalore, India-based edtech startup.
– The company raised $12.5m in Series A funding.
– The round was led by Eight Roads Ventures with participation from GSV Ventures, Rocketship VC and existing investors Nexus Venture Partners and Prime Venture Partners.
– The new investment will be used to expand the company’s team and support school and corporate customers.

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Zomentum raises $13 million to scale its sales acceleration platform for IT channel partners
Zomentum raises $13 million to scale its sales acceleration platform for IT channel partners
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Zomentum raises $13 million to scale its sales acceleration platform for IT channel partners

– Zomentum, a U.S.-headquartered startup, raised $13m in Series A funding.
– The round was led by Elevation Capital and Accel, and joined by Greenoaks Capital and Eight Roads Ventures.
– The company aims to build a strong IT partner network that can serve as an effective sales channel to promote the hyperlocal IT market.

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