New VC Funds
Raiven Capital Launches $100 Million Climatech Fund
Raiven Capital has launched Raiven Climatech (Fund RC), a $100 million fund to invest in early-stage startups developing digital infrastructure to address climate and sustainability challenges. The new fund is anchored by Frog Lake First Nation. Fund RC will invest in technologies that use artificial intelligence and the Internet of Things to reduce emissions, optimize resources, and enable real-time decision-making across sectors such as energy, manufacturing, mobility, and agriculture. “The next generation of climate solutions ...
Read More Smith Point Closes Inaugural Fund
Smith Point Capital Management has held a final and above target close of its inaugural fund, Smith Point Capital Fund I LP, with more than $360 million in capital commitments. Smith Point’s original target for the new fund was $300 million. The New York-based venture capital firm, founded and led by Keith Block, invests in early-stage enterprise software companies that build software to automate operations, analyze data, and improve decision-making. Smith Point uses an operator-led ...
Read More Venture Guides Closes $262.5 Million Fund II
Venture Guides, an investor in early-stage infrastructure software companies, has held a final close of its second fund with $262 million of capital. The first and final close was completed in just eight weeks and surpassed its $216 million first fund. Limited partners in Fund II included institutional investors and large family offices and, notably, maintained full participation from all prior family office backers. The Fund II general partners contributed 11% of the fund’s total ...
Read More FM Closes $240 Million Fund IV
FM Capital, an investor in technology companies transforming automotive sales, service, and transportation, has held an oversubscribed final close of its fourth and largest fund to date with $240 million of capital. FM Capital’s limited partners in Fund IV include new and returning investors across the automotive sector, including distributors, original equipment manufacturers, dealers, suppliers, insurers, and other industry-aligned stakeholders. Like its earlier funds, Fund IV will invest in early-to-mid stage companies leveraging advanced technologies, ...
Read More AI-Focused SignalFire Raises Over $1 Billion
SignalFire has closed on more than $1 billion in new capital that will be invested across the firm’s seed, early, executive-in-residence (XIR), and opportunities funds, with a continued focus on supporting founders building applied AI startups. Headquartered in San Francisco, SignalFire was founded in 2013 and was built from the start with artificial intelligence at its core. The firm has backed companies such as Grow Therapy, a mental health platform connecting patients with licensed therapists; ...
Read More Hamilton Lane Beats Target on Venture Access Fund
Hamilton Lane has successfully closed its inaugural Venture Access Fund (VAF) above target, securing $615 million in capital commitments. The fund initially targeted $500 million. VAF is Hamilton Lane’s first globally distributed venture fund, attracting institutional limited partners such as public and corporate pension funds, financial institutions, Taft-Hartley plans, family offices, and foundations and endowments. The fund will make primary and secondary investments in top-performing, oversubscribed venture funds and companies. According to Hamilton Lane, by ...
Read More Series A
RightRev Secures $13 Million in Series A Funding to Enhance Revenue Management Solutions
RightRev, a company specializing in automated revenue management, has successfully closed a $13 million Series A funding round. This recent financial injection, co-led by Cheyenne Ventures and Innovius Capital, also saw participation from existing investors such as Norwest Venture Partners, Salesforce Ventures, and Snowflake Ventures. The total funding for RightRev ...
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CND Life Sciences Secures $13.5 Million in Series A Funding to Advance Neurodiagnostic Technologies
CND Life Sciences, a Scottsdale-based medical diagnostics company, has successfully raised $13.5 million in a Series A funding round. The round was led by Labcorp and included both new and returning investors such as Cambrian Capital Partners, Tanis Ventures, and several others. This funding is aimed at supporting the growth ...
Read More dub Secures $30 Million in Series A Funding to Expand Retail Investing Platform
dub, a copy-trading app, has announced a Series A funding round of $30 million, co-led by Notable Capital and Neo. Other participants include Sandberg Bernthal Venture Partners, Peak6 Strategic Capital, and Correlation Ventures. This funding, which also features a $5.5 million venture debt from Silicon Valley Bank, aims to enhance ...
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Tally Secures $8 Million in Series A Funding to Expand Onchain Organization Infrastructure
Tally, a New York-based software platform provider for onchain organizations, has successfully raised $8 million in a Series A funding round. The investment was led by AppWorks and Blockchain Capital, with additional participation from 1kx, CyberFund, Placeholder, BitGo, and Bloccelerate. This capital infusion will support Tally's strategic initiatives to scale ...
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Theo Secures $20 Million in Series A Funding to Enhance Onchain Trading Infrastructure
Theo, a trading platform designed to connect onchain capital with global markets, has successfully completed a $20 million Series A funding round. The round was led by Hack VC and Anthos Capital, with significant contributions from a consortium of investors including Manifold Trading, Mirana Ventures, Metalayer Ventures, and several others. ...
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Field Medical Inc. Secures $40 Million in Series A Funding to Advance Cardiac Ablation Technology
Field Medical Inc., a company specializing in cardiac pulsed field ablation (PFA) technology, has announced the closure of a $40 million Series A funding round. This round includes $20 million in fresh capital alongside the conversion of an equivalent amount from previous seed-round debt. The investment attracted various strategic partners, ...
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Perovskite Solar Heats Up
Tandem PV, a developer of perovskite-based solar technology, has raised $50 million in Series A funding and debt to construct a commercial-scale manufacturing facility in the United States. The new round was led by Eclipse Ventures, with participation from Constellation Energy, Planetary Technologies, Uncorrelated Ventures, Trellis Climate, Tom Werner (former ...
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August Secures $10 Million in Series A Funding to Enhance On-Chain Finance Infrastructure
August, a company specializing in on-chain prime brokerage and execution platforms, has successfully raised $10 million in a Series A funding round. The round was led by Dragonfly Ventures, with significant contributions from SCB Limited, 6th Man Ventures (6MV), Foresight Ventures, FinTech Collective, Robot Ventures, Maven11, and others. This capital ...
Read More Series B
Electra Soars with New $115 Million
Electra, a hybrid-electric aviation company, has raised $115 million in Series B funding to transition its EL9 aircraft into pre-production and certification. The investment round was led by Prysm Capital, with participation from strategic backers including Lockheed Martin Ventures, Honeywell, Safran, Statkraft Ventures, and the Virginia Innovation Partnership Corporation. Electra ...
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Modular Robotics Maker Yarbo Raises $27 Million
Yarbo, a maker of modular, all-season intelligent yard robots, has closed a new $27 million Series B funding round. Yarbo’s primary product is a multi-functional, all-season robotic yard assistant that uses a “1+N” modular design powered by a single intelligent core robot. Current modules include a Snow Blower, Lawn Mower, ...
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UbiQD Secures $20M in Series B Funding to Expand Quantum Dot Technology
UbiQD, a Los Alamos, NM-based company that specializes in quantum dot technology, has successfully raised $20 million in a Series B funding round. The investment was led by Phoenix Venture Partners, accompanied by contributions from Builders VC, Azura Group, Builders Vision, Stout Street Capital, Seraph Partners, Scout Ventures, and New ...
Read More Rain Secures $75 Million in Series B Funding to Expand Financial Services
Rain, a fintech company specializing in instant wage access solutions, has successfully raised $75 million in a Series B funding round. The investment was led by Prosus, with significant contributions from Nextalia Ventures and Spark Growth Ventures. This new capital influx follows a substantial Series A round in 2023, where ...
Read More Series C
HubSync Secures Over $100 Million in Series C Funding Led by Thoma Bravo
HubSync, a prominent tax and accounting software provider, has raised over $100 million in a Series C funding round led by software investment firm Thoma Bravo. This investment aims to accelerate HubSync's product development and customer service enhancements, supporting its ongoing growth and innovation in the tax and accounting sector. HubSync, founded in 2019, has notably achieved a 744% revenue increase from 2020 to 2024 and serves a significant portion of top U.S. CPA firms. John McGowan, CEO of HubSync, highlighted the investment as pivotal for expanding the company's industry reach and enhancing client value. Thoma ...
Read More Veza Hits $808 Million Valuation in New Round
Veza, an enterprise-level identity security platform, has raised $108 million in a Series D round led by New Enterprise Associates (NEA). The oversubscribed round, which values the company at $808 million, also included participation from new investors Atlassian Ventures, Workday Ventures, and Snowflake Ventures, alongside returning backers Accel, GV (Google Ventures), True Ventures, Norwest, Ballistic Ventures, J.P. Morgan, and Blackstone Innovations Investments. With the close of this round, Veza’s total equity funding stands at $235 million. Veza provides a unified identity security platform designed to help enterprises manage and govern access across cloud, on-premise, and hybrid ...
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Satellite Maker Apex Reaches Orbit
Apex, a satellite manufacturer, has closed a $200 million Series C funding round led by Point72 Ventures and co-led by 8VC. Also investing in this round were returning investor Andreessen Horowitz and new investors Washington Harbour Partners and StepStone Group. Apex designs and manufactures configurable satellite bus platforms that support a range of space missions, including communications, remote sensing, missile defense, and space-based interceptors. The company’s core products include the Aries bus (a small satellite platform optimized for rapid deployment), GEO Aries (for geostationary orbit missions), and Nova (supporting payloads between 200–500 kg). These off-the-shelf satellite ...
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SiFly Exits Stealth
SiFly has exited stealth mode and has unveiled a new class of NDAA-compliant industrial drones with up to four times the endurance and ten times the range of current commercial platforms. SiFly’s technology has the potential to disrupt the $35 billion global industrial drone market. SiFly designs and manufactures NDAA-compliant industrial drones targeting public safety, infrastructure inspection, and enterprise logistics markets. SiFly’s technology aims to lower operational costs for public safety agencies and private sector clients by eliminating the need for multiple drone docks and reducing per-square-mile coverage expenses by more than 90 percent compared to conventional systems. The company’s product lineup includes the Q12 drone, offering over two hours of hover, three hours of forward flight, a 90-mile range, and a 10-pound payload; and ...
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ChurchSpace Secures $1.2 Million in Seed Funding to Expand Community Space Initiatives
ChurchSpace, a company specializing in repurposing church properties for community use, has successfully raised $1.2 million in an oversubscribed seed funding round. The round was led by Black Ops Ventures, with contributions from Dug Song of Minor Capital and Michigan Rise. The funds will support the company's relocation of its headquarters from Houston, Texas, to Detroit, Michigan, a move aimed at leveraging Detroit's rich spiritual and entrepreneurial heritage to further its mission. The funding will also help ChurchSpace in its new partnership with the City of Detroit to transform church campuses into versatile spaces for events, business hubs, and logistics centers. This initiative is expected to generate significant economic benefits, including job creation and community development. Co-CEO Emmanuel Brown emphasized the funding as a milestone ...
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