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Monarch Tractor Closes $20 Million Series A With Global Partners
Monarch Tractor Closes $20 Million Series A With Global Partners
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Monarch Tractor Closes $20 Million Series A With Global Partners

– Monarch Tractor, the world’s first fully electric, driver-optional, smart tractor manufacturer, announced the closing of its $20 million Series A funding round.
– The investment round garnered global reach led by Musashi Seimitsu Industry Co., Ltd., a Japan-based global auto parts company, CNH Industrial, a worldwide leader in agricultural and on- and off-road industrial equipment, and VST Tillers Tractors Ltd., an Indian tractor and implement company.
– Monarch’s award-winning tractor has seen increased global demand since launching in December of 2020.

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TactileAI Raises $1M in Seed Funding from SpringCamp
TactileAI Raises $1M in Seed Funding from SpringCamp
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TactileAI Raises $1M in Seed Funding from SpringCamp

– TactileAI, a B2B consumer data analytics platform for the global beauty care industry, today announced the closing of $1m in seed round funding by SpringCamp.
SpringCamp is an early-stage venture capital fund backed by NAVER, the Seoul-based tech company that operates South Korea’s largest search engine and is often referred to as the “Google of Korea.”
– Founded in November 2020 and based in the San Francisco Bay Area, TactileAI aims to modernize consumer testing in skin care, which remains one of the major bottlenecks in the beauty care industry as brands struggle to keep up with the speed of new trends.

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SafeGraph Raises $45M Series B to Become the Ultimate Destination for Physical Places Data
SafeGraph Raises $45M Series B to Become the Ultimate Destination for Physical Places Data
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SafeGraph Raises $45M Series B to Become the Ultimate Destination for Physical Places Data

– SafeGraph announced a $45m Series B fundraise led by Sapphire Ventures.
– The round follows a year of incredible growth for SafeGraph.
– SafeGraph is a data-as-a-service company focused on being the source of truth for data on physical places.
– Over the past year, SafeGraph saw accelerated demand for places data among its traditional customer segments, including retail and GIS technology providers.
– As consumer demand and behavior shifted dramatically during the pandemic, the greatest increase in demand has come from the logistics industry.
– With this investment, SafeGraph plans to capitalize on the expanding market of data buyers and offer new ways for customers to buy data.
– As the market for places data increases, customer needs become more diverse.
– SafeGraph plans to adapt its model to meet these new demands.

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Southern Glazer’s Wine & Spirits Ventures Division Makes Equity Investment in ReserveBar
Southern Glazer’s Wine & Spirits Ventures Division Makes Equity Investment in ReserveBar
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Southern Glazer’s Wine & Spirits Ventures Division Makes Equity Investment in ReserveBar

– Southern Glazer’s Wine & Spirits (Southern Glazer’s) has made an equity investment in ReserveBar, the leading ecommerce platform for premium and luxury spirits in the U.S., connecting retailers with consumers.
– Led by Southern Glazer’s Ventures, the deal expands Southern Glazer’s digital marketing offerings to suppliers by providing an additional three-tier-compliant platform for marketing their brands to consumers.
– ReserveBar is the premier online destination for premium, ultra-premium and luxury spirits and is dedicated to personalization, upscale packaging and fast and reliable delivery.
– ReserveBar enables consumers to discover new releases, special limited editions, celebrity owned and influenced brands, curated cocktail and mixology content, and bespoke gifting, including personalized engraved bottles, spirits and accessory bundles and premium merchandise and other giftware.

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Graphite Bio Secures $150 Million Series B Financing to Advance Pipeline of Next-Generation Gene Editing Therapies
Graphite Bio Secures $150 Million Series B Financing to Advance Pipeline of Next-Generation Gene Editing Therapies
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Graphite Bio Secures $150 Million Series B Financing to Advance Pipeline of Next-Generation Gene Editing Therapies

– Graphite Bio, a next-generation gene editing company focused on therapies that harness targeted gene integration to treat or cure serious diseases, today announced the close of an oversubscribed $150 million Series B financing.
– The company will use the funds to expand and advance into the clinic its pipeline of investigational high efficiency, targeted gene integration therapies with curative potential for serious diseases.
RA Capital Management and Rock Springs Capital led the financing with significant participation from new investors Cormorant Asset Management, Deerfield Management Company, Federated Hermes Kaufmann Funds, Fidelity Management & Research Company, Janus Henderson Investors, Logos Capital, OrbiMed, Perceptive Advisors, Surveyor Capital (a Citadel company), and Venrock Healthcare Capital Partners, joining existing investor Samsara BioCapital and founding investor Versant Ventures.

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Genesis raises $45M to expand its fintech-focussed low-code platform to more verticals
Genesis raises $45M to expand its fintech-focussed low-code platform to more verticals
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Genesis raises $45M to expand its fintech-focussed low-code platform to more verticals

– Genesis, a low-code and no-code tools provider, raised $45m in Series B funding.
– The round was led by Accel and joined by new investors GV (formerly Google Ventures) and Salesforce Ventures, in addition to existing investors Citi, Illuminate Financial and Tribeca Venture Partners.
– The company plans to use the funding to bring the tools it has already built to a wider set of verticals that have some of the same needs to manage risk, compliance and other factors as finance — healthcare and manufacturing are two examples — as well as to continue building more into the stack.
– Genesis is not disclosing its valuation with this round.

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Amphista Therapeutics Raises $53M in Series B Funding
Amphista Therapeutics Raises $53M in Series B Funding
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Amphista Therapeutics Raises $53M in Series B Funding

– Amphista Therapeutics from Glasgow, Scotland, UK, raised $53m in Series B funding.
– The round was co-led by Forbion and Gilde Healthcare with participation from Novartis Venture Fund, and Eli Lilly and Company, and existing investor BioMotiv and founding investor Advent Life Sciences.
– The new investment will be used to accelerate the company’s pipeline of potent and selective bifunctional molecules, known as ‘Amphistas’ to the clinic and to extend its proprietary TPD platform.

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Vaultspeed Raises €3.6M in Series A Funding
Vaultspeed Raises €3.6M in Series A Funding
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Vaultspeed Raises €3.6M in Series A Funding

– Vaultspeed is a Leuven, Belgium – based SaaS company specialized in data warehouse automation solutions.
– The company closed a €3.6m Series A funding round.
– The round was led by Fortino Capital Partners.
– The company intends to use the funds to continue to expand operations and invest in its product.

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Airtable is now valued at $5.77B with a fresh $270 million in Series E funding
Airtable is now valued at $5.77B with a fresh $270 million in Series E funding
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Airtable is now valued at $5.77B with a fresh $270 million in Series E funding

– Airtable, a no-code relational database, raised $270m funding.
– The round was led by Greenoaks Capital and joined by WndrCo, as well as existing investors Caffeinated Capital, CRV and Thrive.
– The company plans to use the funding to accelerate the development of its enterprise product and growing the team.
– The company was approached by Greenoaks, rather than actively seeking funding.

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Edelman Financial Engines Announces Investment From Warburg Pincus LLC
Edelman Financial Engines Announces Investment From Warburg Pincus LLC
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Edelman Financial Engines Announces Investment From Warburg Pincus LLC

– Edelman Financial Engines (“the Company” or “firm”), the nation’s top independent financial planning and investment management firm, along with lead investor Hellman & Friedman, a premier private equity firm focused on making large-scale equity investments in high-quality growth businesses, today announced a strategic investment from Warburg Pincus, a preeminent global private equity firm focused on growth investing, which will become a minority equity owner and Michael Martin, Managing Director, will join the Company’s Board of Directors.
– The investment values the Company at $7.3 billion and is expected to close in the second quarter 2021.

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Strive Health Raises $140M in Series B Funding
Strive Health Raises $140M in Series B Funding
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Strive Health Raises $140M in Series B Funding

– Strive Health, a Denver, CO-based value-based kidney care company, secured a $140m Series B funding round.
– The round was led by CapitalG with participation from Redpoint and current investors NEA, Town Hall Ventures, Ascension Ventures and Echo Ventures.
– The company intends to use the funds to expand its business reach.

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Gather Raises $26M in Series A Funding
Gather Raises $26M in Series A Funding
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Gather Raises $26M in Series A Funding

– Gather is a virtual gathering space platform.
– The startup raised $26m in Series A funding.
– The round was led by Sequoia Capital, with participation from Index Ventures, YC Continuity, Jeff Weiner, Dylan Field and Kevin Hartz.
– The company intends to use the funds to continue to expand operations and its business reach.

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ZenSports Closes $2.4M Series ‘A’ Round of Funding
ZenSports Closes $2.4M Series ‘A’ Round of Funding
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ZenSports Closes $2.4M Series ‘A’ Round of Funding

– ZenSports, the next-generation mobile sports betting app that offers both a traditional book plus peer-to-peer sports betting platform using fiat or cryptocurrencies, has announced the close of its new $2.4m in Series A funding.
– Investors in this round include Gaingels, MicroVentures, Calm Ventures, Twenty Five Ventures and Allied Ventures Partners, as well as other individual angel investors.
The new round of funding will be used by ZenSports to complete its current U.S. gaming license applications that it has on file in Nevada and Tennessee.
– ZenSports also recently signed a partnership deal with Boulter Developments to eventually expand into Colorado.

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Flowspace Raises $31 Million to Expand Fulfillment Platform
Flowspace Raises $31 Million to Expand Fulfillment Platform
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Flowspace Raises $31 Million to Expand Fulfillment Platform

– Flowspace, the fulfillment technology platform that’s disrupting the way that e-commerce companies store and ship their products, today announced $31m in new funding.
– The new Series B investment was led by BuildGroup of Austin, Texas with participation from existing investors.
– Founded in 2017, Flowspace has now raised a total of $46m that includes investment from Canvas Ventures, Industrious Ventures, Moment Ventures, 1984 Ventures, eGateway Capital and Y Combinator.
– Flowspace helps businesses manage their warehousing and fulfillment through its proprietary software platform which now runs in hundreds of partnering fulfillment centers across the US.

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Deep Branch Announces EUR 8M Series A Round led by Novo Holdings and DSM Venturing, Paving the Way for Commercial-Scale Production Facility
Deep Branch Announces EUR 8M Series A Round led by Novo Holdings and DSM Venturing, Paving the Way for Commercial-Scale Production Facility
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Deep Branch Announces EUR 8M Series A Round led by Novo Holdings and DSM Venturing, Paving the Way for Commercial-Scale Production Facility

– Deep Branch has announced an €8M Series A round.
– The investment was led by Novo Holdings and DSM Venturing, with participation from Total Carbon Neutrality Ventures and Barclays Sustainable Impact Capital.
– Deep Branch addresses both the sustainability of animal farming and the reduction of carbon dioxide emissions with their CO2-to-protein technology, creating the first scalable path for a truly sustainable protein generation process from a waste product.
– The Series A financing will enable the completion of Deep Branch’s Scale-Up Hub at the Brightlands Chemelot Campus (Limburg, NL), producing the first pilot-scale batches of Proton™ for full nutritional validation with Europe’s leading feed producers, including BioMar and AB Agri.
– It will also enable the company to inform key engineering design work for its first commercial scale production facility.

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Inflammatix Secures $102 Million in Series D Financing Led by D1 Capital Partners to Commercialize Novel Host Response Diagnostics
Inflammatix Secures $102 Million in Series D Financing Led by D1 Capital Partners to Commercialize Novel Host Response Diagnostics
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Inflammatix Secures $102 Million in Series D Financing Led by D1 Capital Partners to Commercialize Novel Host Response Diagnostics

– Inflammatix, a pioneering molecular diagnostics company, announced today the closing of a $102m Series D round of financing to support development and commercialization of its novel immune response diagnostics portfolio.
D1 Capital Partners led the round, with participation from the company’s existing investors, including Northpond Ventures, Khosla Ventures, Think.Health, and OSF Healthcare Ventures.
– Sepsis caused more than five million deaths annually worldwide before the COVID-19 pandemic, and severe COVID-19 has been recognized as viral sepsis. In addition, antibiotic resistance is directly responsible for more than 700,000 deaths annually worldwide.

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How TerminusDB is commercializing its open source graph database
How TerminusDB is commercializing its open source graph database
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How TerminusDB is commercializing its open source graph database

– TerminusDB has raised €3.6m in a seed round of funding to build what it calls a “knowledge collaboration infrastructure” for the internet, combining an open source graph database and document store with a commercial, cloud-based collaboration hub built for TerminusDB.
– As the company’s commercial and operations lead Luke Feeney put it, the relationship between TerminusDB and TerminusHub is analogous to that of Git and GitHub. “One is the basic tool, the other is the collaboration hub,” he told VentureBeat.
– TerminusDB is also a founding member of the recently announced AI Infrastructure Alliance, which is focused on promoting open standards and interoperability for AI and ML applications in the enterprise.

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Pure Harvest Smart Farms Secures US$60M in Growth Funding
Pure Harvest Smart Farms Secures US$60M in Growth Funding
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Pure Harvest Smart Farms Secures US$60M in Growth Funding

– Pure Harvest Smart Farms from Abu Dhabi develops sustainable technology-enabled agribusiness.
– The company secured US$50m in growth-financing/ venture-debt.
– The growth financing was provided through an Islamic structured finance solution led by SHUAA Capital psc [DFM: SHUAA].

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Sherpa raises $8.5M to expand from conversational AI to B2B privacy-first federated learning services
Sherpa raises $8.5M to expand from conversational AI to B2B privacy-first federated learning services
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Sherpa raises $8.5M to expand from conversational AI to B2B privacy-first federated learning services

– Sherpa, a startup from Bilbao, Spain that was an early mover in building a voice-based digital assistant and predictive search for Spanish-speaking audiences, has raised some more funding to double down on a newer focus for the startup: building out privacy-first AI services for enterprise customers.
– The company has closed $8.5m funding.
– The funding is coming from Marcelo Gigliani, a managing partner at Apax Digital; Alex Cruz, the chairman of British Airways; and Spanish investment firms Mundi Ventures and Ekarpen.
– The funding is an extension to the $15m Sherpa has already raised in a Series A.
– From what I understand, Sherpa is currently also raising a larger Series B.

Source
Rising Team, with $3 million seed, is a platform that combines management tools with training
Rising Team, with $3 million seed, is a platform that combines management tools with training
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Rising Team, with $3 million seed, is a platform that combines management tools with training

– Rising Team, a platform that combines tools and training to help managers motivate, organize and ultimately effectively lead their team, raised $3m in seed funding.
– The round was led by Female Founders Fund and joined by Peterson Ventures, Burst Capital, Xoogler Ventures, 500 Startups, Roble Ventures, Supernode Ventures and several angels.
– The company plans to add AI-based custom training tips that are powered by data from the assessments.

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Bluma Wellness Announces US$7.5 Million Loan from Cresco Labs
Bluma Wellness Announces US$7.5 Million Loan from Cresco Labs
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Bluma Wellness Announces US$7.5 Million Loan from Cresco Labs

– Bluma Wellness Inc. has agreed to borrow $7.5m from Cresco Labs Inc.
– The loan will be used for capital expenditures associated with the expansion of One Plant’s operations in the State of Florida and to satisfy tax liabilities relating to the settlement of vested restricted share units.
– The loan is due and payable on December 31, 2021 unless declared due and payable prior to maturity as a result of an event of default.
– The loan may be prepaid in whole or in part at any time, without premium or penalty.

Source
The great Gatsby raises millions to take on Robinhood
The great Gatsby raises millions to take on Robinhood
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The great Gatsby raises millions to take on Robinhood

– Gatsby, a commission-free options and stock-trading app aimed at younger traders, raised $10m in Series A funding.
– The round was led by Techstars Ventures, Beta Bridge Capital, a network of “super angels” placed by ClearList and an oversubscribed SeedInvest campaign. Previous investors include Barclays Bank, SWS Venture Capital and Rosecliff Ventures.
– The company also hosts a social network that can be a source for trade ideas or a place for Gatsby traders to share on their wins (or commiserate their losses).

Source
Docker nabs $23M Series B as new developer focus takes shape
Docker nabs $23M Series B as new developer focus takes shape
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Docker nabs $23M Series B as new developer focus takes shape

– Docker, a cloud native container company, raised $23m in Series B funding.
– The round was led by Tribe Capital with participation from existing investors Benchmark and Insight Partners.
– The company has now raised a total of $58m including the $35m investment it landed the same day it announced the deal with Mirantis.
– The company’s goal is to popularize the community project and turn a small percentage of those users into paying customers.

Source
Smart home startup Deako raises $12.5M, says its light switches are becoming ‘industry standard’
Smart home startup Deako raises $12.5M, says its light switches are becoming ‘industry standard’
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Smart home startup Deako raises $12.5M, says its light switches are becoming ‘industry standard’

– Seattle startup Deako Lighting raised $12.5m in Series B funding.
– The round was led by Columbia Pacific Advisors and joined by Promus Ventures, Alumni Ventures Group, Partech, Innolinks Ventures, and angels.
– The company plans to double its 25-person headcount this year.

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ICE Thermal Harvesting Closes Initial Funding
ICE Thermal Harvesting Closes Initial Funding
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ICE Thermal Harvesting Closes Initial Funding

– ICE Thermal Harvesting closed an initial investment round led by Geneses Capital Management, which includes investments from Select Energy Services (NYSE: WTTR) and National Energy Services Reunited (NASDAQ: NESR).
– ICE will focus on producing electric power by harnessing geothermal energy.

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London’s Jiffy picks up £2.6M seed to enter the grocery dark store race
London’s Jiffy picks up £2.6M seed to enter the grocery dark store race
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London’s Jiffy picks up £2.6M seed to enter the grocery dark store race

– London-based Jiffy, which aims to deliver fresh groceries and household essentials in around 15 minutes, has raised £2.6m in seed funding.
– Backing the upstart is venture capital fund LVL1 Group, with participation from AddVenture, TA Ventures, Vladimir Kholiaznikov, and angel investors Oskar Hartmann, Alexander Nevinskiy and Dominique Locher.
– The company will use the injection of capital to launch its first stores in London, as early as this month.
– It plans to make the service available in Westminster, Waterloo, Lambeth, Battersea, Clapham Town, Shoreditch, Bethnal Green, Hackney, Whitechapel, Stepney Green and Leytonstone.

Source
Clarify Health Raises $115M in Series C Funding
Clarify Health Raises $115M in Series C Funding
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Clarify Health Raises $115M in Series C Funding

– Clarify Health is a San Francisco, CA-based enterprise analytics company delivering real-world insights to healthcare organizations.
– The company raised $115m in Series C funding.
– The round was led by new investor Insight Partners, alongside Spark Capital, Concord Health Partners, and HWVP, with participation from the company’s largest investor, KKR, as well as Rivas Capital and Sigmas Group.
– In conjunction with the funding, Hilary Gosher, Managing Director at Insight Partners, and Will Reed, General Partner at Spark Capital, will be joining the company’s Board of Directors.

Source
SumUp raises $895M in debt to double down on its B2C payments business
SumUp raises $895M in debt to double down on its B2C payments business
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SumUp raises $895M in debt to double down on its B2C payments business

– SumUp, a London-based startup that helps businesses power revenues through card payments, raised $895m in debt funding.
– The funding is coming from Goldman Sachs, Temasek, Bain Capital Credit, Crestline and funds managed by Oaktree Capital Management.
– The company is already active in 33 countries (most recently Chile, Colombia and Romania) and has some 3 million businesses as customers.
– The company got its start back in 2012 as one of a wave of so-called Square “clones” — companies being founded in, but mostly outside of, the U.S. and basing their service around small card payment dongles that attached to phones or tablets.

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SmartKargo Secures Strategic Growth Investment from M33 Growth
SmartKargo Secures Strategic Growth Investment from M33 Growth
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SmartKargo Secures Strategic Growth Investment from M33 Growth

– SmartKargo secures strategic growth investment from M33 Growth.
– SmartKargo is the world’s only service provider with a comprehensive end-to-end eCommerce shipping solution for Airlines.
– SmartKargo disrupts the traditional approach to the air cargo business with their pioneering Cloud platform.
– The platform can be set up and launched quickly. Their flexible approach means they can “wrap” the e-commerce solution around legacy air cargo systems and add the fast-growing e-commerce segment in just a few months.
– SmartKargo has recently launched innovative solutions that quickly enable global airlines to open new streams of revenue with e-commerce shipping and package delivery to the door.

Source
3DLOOK Announces $6.5 Million Series A Round, Led by Almaz Capital
3DLOOK Announces $6.5 Million Series A Round, Led by Almaz Capital
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3DLOOK Announces $6.5 Million Series A Round, Led by Almaz Capital

– 3DLOOK has seen significant recent growth, with revenue increasing by 5.6 times since April 2020.
– 3DLOOK counts more than 100 customers worldwide, including a uniform industry giant Fechheimer Brothers (a Berkshire Hathaway company) and Safariland, a leader in body armor.
– 3DLOOK is an augmented reality company that offers interactive 3D visualization of apparel and accessories.

Source
Alt Raises $31M in Seed and Series A Funding
Alt Raises $31M in Seed and Series A Funding
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Alt Raises $31M in Seed and Series A Funding

– Alt, a P2P marketplace for sports cards, raised $31m in a seed and a Series A funding round.
– The Series A round was led by Seven Seven Six, along with other investors including Kevin Durant’s Thirty Five Ventures, First Round Capital, SV Angel, Addition Ventures, Chapter One, BoxGroup, Nat Friedman, John Collison, Patrick Collison, Darren Rovell, Sue Wagner, JD Ross, Fred Ehrsam, Eric Wu, Larry Fitzgerald, Laura Behrens Wu, Tobias Harris and others.
– The company intends to use the funds to expand operations and business reach.

Source
Research Bridge Partners’ Portfolio Company, Novosteo, Inc., Closes $5.5 Million in Series A Financing
Research Bridge Partners’ Portfolio Company, Novosteo, Inc., Closes $5.5 Million in Series A Financing
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Research Bridge Partners’ Portfolio Company, Novosteo, Inc., Closes $5.5 Million in Series A Financing

– Research Bridge Partners announced that one of its portfolio companies, Novosteo, Inc., closed $5.5m in Series A financing to further development of the first-ever targeted bone anabolic agent NOV004.
– The round was led by Kairos Ventures, as well as BioCrossroads Ventures, Elevate Ventures and Purdue Research Foundation.
– Novosteo, Inc.’s NOV004 has shown promise in live animals in the acceleration of fracture healing when delivered systemically.
– Proceeds from the financing will be used to advance NOV004 into clinical development that will begin in the first half of 2021.
– Bone injuries and disease are one of the most challenging health issues facing all ages, especially for the elderly.

Source
StrideBio Closes $81.5M Series B Financing
StrideBio Closes $81.5M Series B Financing
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StrideBio Closes $81.5M Series B Financing

– StrideBio, Inc. is a Research Triangle Park, N.C.-based developer of novel engineered adeno-associated virus (AAV) based gene therapies.
– The company closed a $81.5m Series B funding round.
Northpond Ventures and Novo Holdings A/S co-led the round with new investors Pontifax, Octagon Capital, Sarepta Therapeutics, CaaS Capital and UF Innovate Ventures joining existing investors Hatteras Venture Partners, UCB Ventures, Takeda Ventures and Alexandria Venture Investments.

Source
Energy Impact Partners Backs Greentech Zolar, Increases Series B to 35 Million
Energy Impact Partners Backs Greentech Zolar, Increases Series B to 35 Million
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Energy Impact Partners Backs Greentech Zolar, Increases Series B to 35 Million

– Greentech start-up Zolar receives a new investment and adds 10 million euro to the ongoing Series B funding round, raising the total investment of this series to 35 million euro.
– The new investment is lead by Energy Impact Partners, the biggest investor in the energy sector with offices in the USA and Europe headed by its managing partner Matthias Dill.
– Existing investors continue to support Zolar in the Series B.
– With the additional resources, the start-up sets the course for the expansion as a next generation green energy company, focusing on sustainable energy production and integral use of solar energy in private households.
– Zolar as a consumer brand, is placing customers at the center of energy production, and is driven by its mission of climate protection as a top business priority.

Source
ExeVir Announces Close of US$50 million / EUR42 million Series A Financing
ExeVir Announces Close of US$50 million / EUR42 million Series A Financing
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ExeVir Announces Close of US$50 million / EUR42 million Series A Financing

– ExeVir closed its Series A financing raising a total of EUR 42 million / US$50 million.
– The financing was led by Fund++ with VIB, UCB Ventures, SFPI-FPIM, V-Bio Ventures and new investors SRIW, Noshaq, Vives IUF, SambrInvest, as well as several Belgian family offices.
– ExeVir will use the financing to commence the global phase 1b/2 clinical trial of lead compound XVR011 that is scheduled to start shortly.
– The company also plans to develop a VHH72-Fc sub-cutaneous formulation for Covid-19 in parallel and accelerate development of its pipeline beyond Covid-19 in infectious diseases.

Source
Know Labs Announces Close of Financing
Know Labs Announces Close of Financing
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Know Labs Announces Close of Financing

– Know Labs closed on $14.2m of financing.
– The financing was led by existing investors and insiders.
– The financing will support continuing development and clinical testing on its platform technology with its first focus on non-invasive blood glucose monitoring, and future FDA approval.
– The current financing provides sufficient capital so that management can ensure product development stays on track and an up list to a major exchange is event driven rather than driven by a need for capital.

Source
Simulated AI Training Data Supplier Datagen Raises $18.5 Million
Simulated AI Training Data Supplier Datagen Raises $18.5 Million
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Simulated AI Training Data Supplier Datagen Raises $18.5 Million

– Datagen Technologies has raised $18.5m led by Viola Ventures with participation by existing investors including TLV Partners and Spider Capital.
– Other notable backers include Michael J. Black of the Max Planck Institute, Gal Cheshik, Director of AI at Nvidia, Anthony Goldbloom, CEO and founder of Kaggle, and Trevor Darrell, founder of UC Berkeley’s AI Research Lab.
– Datagen stands out in the fast-growing computer vision field by creating visual simulations and recreations of the real world, as a better solution to the publicly available datasets currently being used by computer vision teams which often include images of real people and places scraped off the Internet or or manually captured from the real-world using labor-intensive operations.

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Zeller, a fintech founded by Square alumni, raises $25M AUD Series A led by Lee Fixel’s Addition
Zeller, a fintech founded by Square alumni, raises $25M AUD Series A led by Lee Fixel’s Addition
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Zeller, a fintech founded by Square alumni, raises $25M AUD Series A led by Lee Fixel’s Addition

– Zeller, a payment and financial services startup, raised $25m in Series A funding.
– The funding was led by Addition, the investment firm founded by former Tiger Global partner Lee Fixel, and included participation from returning investors Square Peg and Apex Capital.
– The startup previously raised a $6.3m AUD (USD $4.9m) seed round in June 2020.
– Zeller was founded last year by Ben Pfisterer, Square’s former Asia Pacific and Australia head, and Dominic Yap, its strategy and growth lead.
– It has made 38 new hires over the past six months, growing its team to 50 people.
– The funding will be used to expand Zeller’s product development and engineering capabilities, marketing and sales, and customer support teams as it prepares for its launch.

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AECOM, Houston METRO continue to advance automated, zero emissions transit technology with $1.5 million grant from the Federal Transit Administration
AECOM, Houston METRO continue to advance automated, zero emissions transit technology with $1.5 million grant from the Federal Transit Administration
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AECOM, Houston METRO continue to advance automated, zero emissions transit technology with $1.5 million grant from the Federal Transit Administration

– AECOM, the world’s premier infrastructure consulting firm, has partnered with Houston METRO, the region’s largest public transit provider, to accelerate deployment of automated technology in transit vehicles.
– Funded through a $1.5m grant from the Federal Transit Administration (FTA), the team will pilot one of the nation’s first automated electric shuttle buses that will serve Texas Southern University, University of Houston, and Houston’s Third Ward neighborhood.
– The project, which is expected to be fully operational in spring 2022, was one of only 25 initiatives across the U.S. to receive FTA funding.
– AECOM will provide management, planning, and engineering services for the project. METRO is also a founding member of AECOM’s Automated Bus Consortium, which investigates the feasibility of implementing pilot automated bus projects across the U.S.

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Socure Closes $100 Million Raise Led by Accel to Eliminate ID Fraud and Ensure 100% Trust on the Internet
Socure Closes $100 Million Raise Led by Accel to Eliminate ID Fraud and Ensure 100% Trust on the Internet
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Unicorn Nest news

Socure Closes $100 Million Raise Led by Accel to Eliminate ID Fraud and Ensure 100% Trust on the Internet

– Socure, the leader in 100% digital identity trust, today announced a $100m Series D round of funding led by Accel, with participation from existing investors Commerce Ventures, Scale Venture Partners, Flint Capital, Citi Ventures, Wells Fargo Strategic Capital, Synchrony, Sorenson, Two Sigma Ventures, and others.
– This round brings Socure’s total funding to $196m, following a recent $35m investment less than six months ago led by Sorenson Ventures.
– Proceeds from the round will also accelerate product innovation as the company’s patent portfolio grows and the company continues to attract top talent.
– Amit Jhawar, Partner at Accel and former General Manager of Venmo, will join the board of directors at Socure.

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Building-code compliance startup UpCodes gets $3.36M in pre-Series A funding
Building-code compliance startup UpCodes gets $3.36M in pre-Series A funding
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Unicorn Nest news

Building-code compliance startup UpCodes gets $3.36M in pre-Series A funding

– UpCodes, a startup that develops building-code compliance tools, announced today it has raised $3.36 million in pre-Series A funding.
– This brings its total raised so far to $4.15 million.
– The new funding was led by Berlin-based Point Nine Capital, which focuses on SaaS and online marketplaces.
– The company also recently won a legal victory when United States District Court Judge Victor Marrero granted UpCodes its motion to dismiss a false advertising and unfair competition lawsuit filed against it by the International Code Council (ICC).
– An earlier copyright lawsuit filed by the ICC against UpCodes is still ongoing, but UpCodes won a major decision in the case last year when Judge Marrero ruled that its posting of building codes is covered by public domain and fair use.

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Trullion Announces Real-Time, AI-Powered Accounting Platform, Secures Seed Financing
Trullion Announces Real-Time, AI-Powered Accounting Platform, Secures Seed Financing
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Unicorn Nest news

Trullion Announces Real-Time, AI-Powered Accounting Platform, Secures Seed Financing

– Trullion, formerly known as SMRT, has raised a financing round co-led by Greycroft and Aleph.
– Additional strategic investors participating in the round include Verissimo Ventures and industry leaders like Bob Mylod, Artie Minson, Jody Padar and Zac Bookman.
– Trullion translates vast data sets from PDF contracts, Excel and other sources into a single system for accounting teams.
– The platform creates real-time visibility into company financials by using AI to review items such as leases and revenue agreements and translating them into a live data image, with 360° transparency to the source data.
– Through automated data entry, the company prevents costly errors, saves time, and streamlines the often complicated process required of accounting stakeholders.

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Rumble Raises $5M in Funding
Rumble Raises $5M in Funding
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Unicorn Nest news

Rumble Raises $5M in Funding

– Rumble is an Austin, Texas-based global network and asset discovery company.
– Company raised $5m in venture capital funding.
– The round was led by Decibel Partners and attracted new investor – Jon Oberheide (co-founder and CTO, Duo Security), Slavik Markovich and Rishi Bhargava (founders of Demisto, acquired by Palo Alto Networks), Oliver Friedrichs (founder & CEO of Phantom Cyber, acquired by Splunk), Haroon Meer (founder of Thinkst Canary) and Michael Sutton (founder at StoneMill Ventures).
– The new investment will be aimed at developing the product’s enterprise capabilities and broadening its go-to-market reach.

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SchooLinks lands $8.3M Series A as Their Modern, Cloud-Based Platform Ensures College and Career Success for a Diverse Student Population
SchooLinks lands $8.3M Series A as Their Modern, Cloud-Based Platform Ensures College and Career Success for a Diverse Student Population
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Unicorn Nest news

SchooLinks lands $8.3M Series A as Their Modern, Cloud-Based Platform Ensures College and Career Success for a Diverse Student Population

– SchooLinks landed an $8.3m Series A funding from LiveOak Venture Partners and SJF Ventures to democratize access to modern career and college planning resources for the broader student population.
– The funding was led by LiveOak Venture Partners, with participation from SJF Ventures and Juvo Ventures.
– The capital will be used towards expanding the team, product development and integrations, and building out new partnerships for future growth.
– School districts are faced with the challenge of serving a student base with an increasingly diverse set of needs, and with such a large percentage of careers filled by non 4 year degree employees, there is an amplified focus for counselors to ensure students graduate not only college ready, but career ready as well.

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ElevateBio Raises $525M in Series C Financing
ElevateBio Raises $525M in Series C Financing
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Unicorn Nest news

ElevateBio Raises $525M in Series C Financing

– ElevateBio is a Cambridge, Mass.-based cell and gene therapy technology company focused on advancing new cell and gene therapies.
– Company raised $525m in Series C funding.
– The round was led by Matrix Capital Management with participation from new investors SoftBank Vision Fund 2 and Fidelity Management and Research Company and existing investors MPM Capital, F2 Ventures, Redmile Group, EcoR1 Capital, Samsara BioCapital, The Invus Group, Emerson Collective, Surveyor Capital (A Citadel company), EDBI, and Vertex Ventures, iTochu, and a large insurance company.

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upSWOT Raises $4.3M in Seed Funding
upSWOT Raises $4.3M in Seed Funding
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Unicorn Nest news

upSWOT Raises $4.3M in Seed Funding

– upSWOT is a fintech platform for financial institutions to improve their ability to service Small-Medium Business clients (SMBs).
– Company raised $4.3m in seed funding.

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Variantyx Secures $20M in Series C Funding
Variantyx Secures $20M in Series C Funding
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Unicorn Nest news

Variantyx Secures $20M in Series C Funding

– Variantyx, a Boston, MA-based hereditary disease testing company, secured $20M in Series C funding.
– The round was led by GHS Fund (Quark Venture LP and GF Securities) and includes new investor, IBM Ventures and current investors, Pitango Venture Capital, New Era Capital Partners, 20/20 HealthCare Partners.
– In conjunction with the funding, Zafrira Avnur, PhD, Quark Venture Chief Scientific Officer & Partner, will join the Variantyx board of directors.
– The company intends to use the funds for development of its tumor diagnostic solutions and the expansion of sales.

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Haystack Launches With $8.2M in Funding
Haystack Launches With $8.2M in Funding
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Unicorn Nest news

Haystack Launches With $8.2M in Funding

– Los Angeles, CA-based Haystack launched with $8.2M in funding.
– The company intends to use the funds to continue to expand operations and its business reach.
– Backers included Coatue Management, Greycroft, BoxGroup, and Day One Ventures.

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Sommelier Announces $3.5M in Series Seed Round to Build a New Coprocessor for Ethereum’s World Computer
Sommelier Announces $3.5M in Series Seed Round to Build a New Coprocessor for Ethereum’s World Computer
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Unicorn Nest news

Sommelier Announces $3.5M in Series Seed Round to Build a New Coprocessor for Ethereum’s World Computer

– Sommelier announced a $3.5M series seed round to build a new coprocessor for Ethereum’s world computer.
– A multichain protocol and Ethereum bridge that acts as a co-processor to the Ethereum world computer.
– Sommelier consists of the Cosmos Stargate SDK, its Tendermint-based consensus layer and a decentralized, bi-directional Ethereum bridge, managed by a global network of validators.
– Liquidity Providers (LPs) will be able to use Sommelier to author and execute complex, automated financial transactions, such as portfolio rebalancing, limit orders, as well as a host of other features that token holders have come to expect from centralized finance (CeFi), but that are not currently available in DeFi.

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OncoDiag Raises €2.5M in Series A Funding
OncoDiag Raises €2.5M in Series A Funding
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Unicorn Nest news

OncoDiag Raises €2.5M in Series A Funding

– OncoDiag, a Miserey, near Evreux, France-based company specializing in the development of diagnostic tests for the early detection of cancer, raised €2.5m ($3M) in Series A funding.
– The funding was led by Angels Santé, Business Angels des Grandes Ecoles (BADGE), Normandie Business Angels (NBA), Paris Business Angels (PBA), and the Société de Financement de l’Innovation Numérique en Essonne (SFINE).
– The Region of Normandy also contributed to this round of financing and will be joining the pool of investors, via Normandie Participations.

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