– Atavistik Bio, a pre-clinical biotechnology company pioneering the identification of metabolite-protein interactions that have the potential to lead to the discovery and development of first-in-class drug candidates powered by distinct allosteric control mechanisms, announced that the closing of a $60 million Series A financing round.
– The financing was led by The Column Group and joined by Lux Capital, and Nextech Invest.
– The new financing will support development of Atavistik’s drug discovery platform, and future identification of select drug candidates based on deep knowledge of disease relevant pathways that have evolved over millions of years by nature to be allosterically regulated by metabolites.

– Ramp announced that it closed a $300m series C funding tranche led by Founders Fund, with participation from Redpoint Ventures, Thrive Capital, D1 Capital Partners, Spark Capital, Coatue Management, Iconiq, Altimeter, Stripe, Lux Capital, A* Partners, and Definition Capital.
– Ramp provides virtual and physical cards that offer 1.5% cashback on purchases. Its management tools allows companies to control spend with multi-level rules, vendor spending limits, merchant blacklists, and approvals, as well as spending insights that combine expense reporting, accounting, and more.

– AllStripes, a healthcare technology company dedicated to unlocking treatments for people affected by rare diseases, announced the closing of a $50 million Series B financing round.
– The financing was led by Lux Capital, a current investor, joined by JAZZ Venture Partners, Spark Capital, Medidata Solutions (a Dassault Systèmes company), McKesson Ventures, and Maveron, along with angel investors including Arif Nathoo, CEO of Komodo Health, and Leila Zegna, Director of the Kabuki Syndrome Foundation.

– Maven Clinic from New York provides virtual clinic for women’s and family health, offering continuous, holistic care for fertility, pregnancy and parenting.
– Company raised $110m in Series D funding.
– The round was led by Dragoneer Investment Group, Lux Capital with participation from BOND, Sequoia, Oak HC/FT, and Icon Ventures, as well as Oprah Winfrey.
– The new investment will be used to expand into new populations and to invest in additional product innovation to further enhance its member experience designed to improve clinical outcomes.

– Mahana Therapeutics, a San Francisco, CA-based developer of prescription digital therapeutics designed to empower patients with chronic health conditions, raised $61m in Series B financing.
– The round was led by JAZZ Venture Partners and Gurnet Point Capital with participation from new and existing investors Main Street Advisors, KKCG and Lux Capital.
– The company will use the funds to launch the FDA-cleared prescription digital therapeutic Mahana™ IBS and accelerate development of several digital therapeutics for chronic health conditions.

– Ahana, a San Mateo, California-based provider of cloud data lake services, announced that it raised $20 million in a series A round led by Third Point Ventures, with participation from GV, Leslie Ventures, and Lux Capital.
– Cofounder and CEO Steven Mih says that the capital will be used to scale Ahana’s products and grow its go-to-market teams to drive customer adoption in the expanding cloud analytics market.
– In 2020, startups developing traditional databases took in $2.3 billion in funding across 54 deals, up from $849 million in 2019, according to CB Insights.

– DoNotPay, a legal services app, received $10 million in funding from Andreessen Horowitz, Lux Capital, Tribe Capital, Day One Ventures and Felicis Ventures.
– Other investors included billionaire FTX CEO Sam Bankman-Fried, former Coinbase Chief Technology Officer Balaji Srinivasan and UiPath CEO Daniel Dines.
– Yuri Milner‘s investment firm, DST Global, participated as well.

– HiHello, a Palo Alto CA-based digital business card platform, raised $7.5M in Series A funding.
– The round was led by Foundry Group, with participation from Lux Capital, August Capital, Manu Kumar (Co-founder and Chief Executive Officer of HiHello), and the co-founders of Lyft, Everlaw, Auth0, Path/June, and Military.com.
– The company intends to use the funds to continue to grow its team and expand its business platform to support companies of all sizes.

– Space propulsion developer Accion Systems raised $42m in a Series C funding.
– The round was led by Tracker Capital and joined by existing investors, including Draper Fisher Jurvetson, Lux Capital, and Space Angels Network.
– The company plans to use the funding to develop and manufacture its fourth generation propulsion system, dubbed the tiled ionic liquid electrospray (TILE) system.

– Carbon Health, a leading omnichannel healthcare provider, announced that it has raised $350m.
– The investment enables Carbon Health to further accelerate its expansion to become the largest primary care provider in the U.S. and fulfill its mission to make high-quality healthcare accessible to everyone.
– The round was led by Blackstone’s Horizon platform with participation from Atreides, Homebrew, Hudson Bay Capital, Intersect Capital, Fifth Wall, Lux Capital, Silver Lake Waterman, and funds and accounts managed by BlackRock.

– Genvid is a NYC-based provider of interactive livestreaming technologies and services.
– Company announced $113m Series C funding.
– The round was co-led by existing investors Valor Equity Partners and Atreides Management with participation from new investors Third Point Ventures, Cobalt Capital, LightShed Ventures, XN, and Lux Capital, existing investors Galaxy Interactive, Horizons Ventures, OCA Ventures (via OCA’s new growth equity fund), and Makers Fund and strategic partners Huya, NTT DOCOMO Ventures, and Samsung Ventures.
– The company intends to use the funds to establish Genvid Entertainment LLC, a new publishing subsidiary dedicated to producing Massive Interactive Live Events.

– Tendo Systems announced $50m in new funding to accelerate its plans to transform healthcare through software.
– The round was led by existing investor Lux Capital, with additional participation from General Catalyst (who led Tendo’s Series A round).
– Tendo has raised $69m to date, and the new round brings Tendo’s valuation to $550m, less than a year after the company was founded.
– Tendo is taking a similar approach with healthcare by creating a digital engagement platform and suite of applications that connect patients, clinicians, and caregivers throughout the care cycle.
– Tendo is collaborating with innovators like Jefferson Health (Tendo’s first foundational customer) to transform its relationship with patients.

– Enveda Biosciences announced an oversubscribed $51M Series A funding round.
– The financing was led by Lux Capital with participation from Two Sigma Ventures, Hummingbird VC, Catalio Capital, Lifeforce Capital, and Matthew De Silva of Notable Labs along with existing investors True Ventures, Wireframe Ventures, Village Global, and Chris Gibson of Recursion.
– Nature is the greatest source of therapeutics we know, yet 95 percent of the natural world is a chemical mystery. Enveda is systematically exploring this unknown space to unlock its potential for new medicines with the first high-resolution chemical map of the natural world.
– This new investment will further power Enveda’s data-driven approach to screening, validating, and developing high-potential natural compounds into first-in-class clinical candidates.

– Anduril Industries, an Irvine, Calif.-based defense technology company, raised $450m in Series D funding and a post-money valuation of $4.6b.
– The round was led by Elad Gil with participation from Andreessen Horowitz, 8VC, Founders Fund, General Catalyst, Lux Capital, Valor Equity Partners, and D1 Capital Partners.
– The new investment will be used to develop advanced technologies (AI, computer vision, sensor fusion, optics and automation) to solve some of the most important & complex national security challenges.

– Strateos, Inc. announced the closing of its $56.1m Series B financing led by DCVC and Lux Capital with participation from new investors including Eli Lilly and Company, Ally Bridge Group, Black Diamond Ventures, Mack & Co., LLC, and Castor Ventures.
– With this financing, Strateos will continue to drive innovations on its SmartLab Platform™, which integrates data generation and AI-enablement with its unique and flexible automation to accelerate pharmaceutical and synthetic biology R&D.
– Life science research needs faster, more reliable and lower cost data to fully leverage AI-powered analysis tools.
– Strateos is pleased to have the backing of these world-class investors who bring deep expertise in building and scaling innovative platforms at the intersection of the life sciences and information technology.

– OpenSpace, the global leader in 360° construction photo documentation and analysis, recently announced a $55M Series C funding round, led by Alkeon Capital Management.
– The funding comes at an exciting time for the company, which also announced recently that it’s expanding access to the ClearSight Progress Tracking platform to its full customer base.
– Additional participants in the round include PSP Partners, GreenPoint Partners and New World Development, as well as returning investors Lux Capital, Menlo Ventures, JLL Spark, Navitas Capital and Zigg Capital.
– Over the past year, accelerated global adoption of digitization and remote work has fueled growth for OpenSpace, which has seen revenue triple, customer count increase by more than 150%, and customer site captures increase by more than 300% during that time.

– Benchling has raised $200m in Series E funding led by Sequoia Capital Global Equities and joined by Altimeter Capital, Byers Capital and Elad Gil.
– Existing investors participated, including Thrive Capital, Benchmark, Menlo Ventures, Alkeon Capital, ICONIQ, Lux Capital, Spark Capital and Lead Edge Capital.
– The company will use the funding to aggressively invest in product development and global expansion to support enterprise customers.
– Since launching in 2012, more than 300,000 scientists and 1,000 R&D organizations around the globe have adopted Benchling’s cloud platform to manage massively complex experimental datasets and optimize R&D processes.

– adyn, a precision medicine company, announced today that it has closed a $2.5m seed round of funding.
– The round was co-led by Lux Capital and M13 with participation from Civilization Ventures, Concrete Rose Capital, Y Combinator, Madrona Pioneer Fund, Ascend VC, and angel investors including Anne Wojcicki of 23andMe, Nish Bhat of Color Genomics, Qasar Younis of Applied Intuition, and Ashley Mayer of Glossier.
– adyn uses proprietary hormone and genomic analyses to transform this selection process into a science and remove the guesswork.
– Using adyn’s precision medicine approach, patients and doctors will be able to personalize birth control selection, minimizing side effects ranging from annoyances like acne to life threatening conditions including blood clots and depression.

– Multiply Labs, a San Francisco, CA-based robotics company developing automated manufacturing systems for the production of individualized drugs, raised $20m in Series A funding.
– The round was led by Casdin Capital with participation from new investors Lux Capital and Pathfinder, Founders Fund’s early stage investment vehicle, Fifty Years and Garage Capital.
– In conjunction with the funding, Michael Doherty, a representative of Casdin Capital, will join Multiply Labs’ Board of Directors.
– The company intends to use the funds to grow its installed robotic production capacity, and to apply its tech to new life-saving therapies.

– SteadyMD, a technology company and healthcare provider that delivers high-quality telehealth experiences in all 50 states, today announced a $25m Series B capital raise to enhance the company’s platform services that now power the telehealth infrastructure of digital health businesses and employers.
– Lux Capital led the round, with Partner Deena Shakir joining the SteadyMD Board of Directors and additional participation from Ashton Kutcher and Guy Oseary’s Sound Ventures, Acrew Capital, and other healthcare investors.
– The new capital comes after five years of strong growth within SteadyMD’s proven direct-to-consumer primary care offering and will support the recent expansion of its platform services, which enable telehealth providers across the care continuum to scale with a 50-state clinician workforce, legal and regulatory guidance, and supporting technology.

– Flex Logix raised a $55M Series D financing round.
– The round was led by Mithril Capital Management with participation from existing investors Lux Capital, Eclipse Ventures, and the Tate Family Trust.
– Flex Logix’s inference architecture is unique. It is optimized for low latency operation required by edge megapixel vision applications.
– It combines numerous 1-dimensional tensor processors with reconfigurable, high bandwidth, non-blocking interconnect that enables each layer of the neural network model to be configured for maximum utilization, resulting in very high performance with less cost and power.
– The connections between compute and memory are reconfigured in millionths of a second as the model is processed.

– Hugging Face launched in 2016 with a chatbot app designed to be your “AI friend.”
– The NLP company has more than 100,000 community members and is planning to triple its efforts and expand beyond language models into fields like computer vision.
– Developers have used a hub on Hugging Face to share thousands of models, and CEO and cofounder Clement Delangue told VentureBeat Hugging Face wants to become to machine learning what GitHub is to software engineering.
– Hugging Face closed a $40 million series B funding round today. The round was led by Addition, with participation from Lux Capital, A.Capital, and Betaworks.

– Anchorage has raised $80m in Series C funding.
– The round was led by GIC, also known as Singapore’s sovereign wealth fund.
– Andreessen Horowitz, Blockchain Capital, Lux and Indico are also participating in today’s funding round.
– The startup originally offered a custody solution. It lets you keep your cryptocurrencies safe for you so that you don’t have to take care of the wallets and their public and private keys.
– Anchorage now offers several financial products, such as staking, crypto lending, etc. In other words, it wants to become a one-stop shop for institutional investors.