60+ Deals Announced Last Week (and 1 way to save your analyst from carpal tunnel)
John Gannon
Founder (Venture5 Media & V5 Summit, GoingVC) + Investor (Angel, LP, Syndicate Lead)
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Robust VC action with over 60 deals coming on our radar in the last week. Get the skinny on all of them in just 10 minutes reading below...
Best,
P.S.?????Do you want to level the playing field in VC compensation?
Since 2018, I've published a yearly VC Salary Survey and Compensation Report.?It's literally changed people's lives, allowing them to give (or get) a fair deal and receive equal pay for equal work.
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?? M&A
???? Palo Alto Networks , a Santa Clara, CA-based cloud cybersecurity company, acquired Cider Security (acquired by Palo Alto Networks) , an Israel-based cybersecurity company that raised $38 million in a Series A Round of financing led by Tiger Global in March 2022, in a deal worth up to $300 million, including $200 million in cash and $100 million in Palo Alto stock. (More here from Co-Founder & CEO Guy Flechter )
?????? Bending Spoons , a Milan, Italy-based App developer, acquired Evernote , a Redwood City, CA-based notetaking and task management platform that had raised $290 million from T. Rowe Price, Salesforce Ventures and a number of other institutional, corporate and individual investors. (More in TechCrunch)
???? Cision , a Chicago, IL-based global comprehensive communications platform, acquired Factmata , a London, UK-based AI-driven social and news media monitoring and analytics platform that had raised $3.6 million from Bay Wharf Capital and individual investors. (More in TechCrunch)
?? Sourcing Ideas
?? Machina Labs , a Los Angeles, CA-based on-demand robotics manufacturer, raised $14 million in a Series A funding led by Innovation Endeavors , with participation from Congruent Ventures and Embark Ventures. (More in TechCrunch)
???? Facet , a photo editing tool that can be accessed via APIs, raised $13 million in a financing round led by Two Sigma Ventures , with participation from Accel, Basis Set Ventures, Slow Ventures and South Park Commons. (More in TechCrunch)
???? Coros , a Mountain View, CA-based provider of e-commerce supply chain visibility solutions, raised $6.1 million in a round led by Dynamo Ventures , with participation from Susa Ventures, Greenhawk Capital, Fontinalis Partners and Engage VC. (More in FreightWaves)
?? VC Deals
??????? ?? Daylight (Acquired by Atlas) , a digital bank that positions itself as LGBTQIA+-friendly, raised a $15 million Series A round led by Anthemis Group , with participation from CMFG Ventures, Kapor Capital, Citi Ventures and Gaingels. (More here from Co-Founder & CEO Rob C. )
???? Oxipital AI , a Bedford, MA-based food processing solutions company, raised $26 million in the first close of its Series C funding round led by Tyson Foods Ventures, with participation from Marel and Johnsonville Ventures. (More in TechCrunch)
????? Astera Labs , a Santa Clara, CA-based semiconductor company offering connectivity solutions for intelligent systems, closed its $150 million Series D funding round, led by 富达 , with participation from other existing investors including Atreides Management, Intel Capital and Sutter Hill Ventures, at a $3.15 billion valuation. (More here from CEO Jitendra M. )
Want to save your poor analyst from carpal tunnel?
Then save them some typing and?spring for the Excel file containing the 43 deals?we shared last week.
If enough folks?buy this one, we'll offer one next week as well.
????? ♂? Spot AI , a San Francisco, CA-based company building an AI camera system for safer workplaces and smarter business operations, closed a $40 million Series B financing round led by Scale Venture Partners , with participation from existing investors Redpoint Ventures, Bessemer Venture Partners, as well as new investors StepStone Group and MVP Ventures, bringing its total to $62 million in funding. (More in VC News Daily)
???? ISEE , a Cambridge, MA-based autonomous driving technology company, raised $40 million in a Series B funding round led by Founders Fund , with participation from Maersk Growth, Eniac Ventures, New Legacy and other new and existing investors, bringing ISEE's total funding to $70 million. (More in VC News Daily)
????? Comfort Connect , a Bethesda, MD-based financial technology and training company serving residential home service contractors, announced the initial close of its Series B funding co-led by S2G Ventures ?and a simultaneous close of a subordinated debt facility also led by S2G Ventures, securing total new capital commitments of >$20 million. (More in VC News Daily).
?????? Resilience Lab , a New York, NY-based digital mental health company enabling communities of clinicians to collaborate to improve patient access and outcomes, raised $15 million in a Series A funding round co-led by Viewside Capital Partners ?and Morningside. (More in VC News Daily)
????? Beam, formerly Edquity , a Brooklyn, NY-based startup that helps citizens access government financial aid, raised $6.4 million in a Series A funding round led by Potencia Ventures , with participation from Spring Point Partners, American Family Insurance Institute for Corporate and Social Impact, Imaginable Futures, Lumina Impact Ventures, Michelson Runway and Schmidt Futures. (More in TechCrunch)
????? ♂? Namecoach , a Palo Alto, CA-based company solving name mispronunciation and gender communication in critical settings, secured a Series A funding round of $8 million led by Impact America Fund , with participation from Authentic Ventures, Metaplanet, Founders Fund, Engage VC, Ai Sprouts Fund I, GTM Fund, 640 Oxford, Transcend Network, Asymmetry Ventures, Forefront Venture Partners, Network.VC, Harbor Street Ventures and Seabed VC. (More in VC News Daily)
??? Heroic Story , a Los Angeles, CA-based company creating a collaborative, community-owned worldbuilding game powered by smart contracts and NFTs, secured $6 million in a Seed round led by Upfront Ventures , with participation from Multicoin Capital and Polygon Technology. (More in VentureBeat)
???? Immersive Gamebox , a London, UK-based immersive entertainment platform, closed $20 million in debt financing provided by Harlan Capital Partners LLC . (More in VentureBeat)
???? Upstart Power , a Southborough, MA-based developer and manufacturer of solid oxide fuel cell (SOFC) power systems for on-demand backup power and distributed generation, closed a $17 million Series C financing round led by ITOCHU International Inc. , with participation from existing investors Enphase Energy, Sunnova, Rodgers Capital, H+ Partners, and Cricetus Felix Ventures. (More in BusinessWire)
????? Gravitics Inc , a Seattle, WA-based manufacturer of building blocks that enable the next generation of space stations, raised $20 million in a round of financing led by Type One Ventures , with participation from Draper Associates, FJ Labs, The Venture Collective, Helios Capital, Giant Step Capital, Gaingels, Spectre, Manhattan West and Mana Ventures. (More in TechCrunch)
?? ???? ♀? Goodera , a Salt Lake City, UT-based employee volunteering company, raised a $10 million Series A funding round with participation from Elevation Capital , Zoom Ventures, Xto10X, Nexus Venture Partners and Omidyar Network. (More in VC News Daily)
???? BetterVet , a Boston, MA-based mobile veterinary network, raised $40 million in a Series A financing round co-led by Alta Partners ?and Bruce Herzfelder , BetterVet's CEO and Co-Founder. (More in VC News Daily)
?????? DeepPower, Inc. , a Lehi, UT-based developer of geothermal drilling technology, closed its Series A investment round led by an undisclosed investor. (More in VC News Daily)
???? Pickle Robot Company , a Cambridge, MA-based AI-enabled robotic truck and container unloading system, raised $26 million in series A funding led by Ranpak , JS Capital, Schusterman Family Investments, Catapult Ventures and Soros Capital, bringing the total the company has raised to nearly $32 million to date. (More in VC News Daily).
?? ???? ??Fearless+, a New York, NY-based career development platform, raised $1 million in a pre-Seed funding round. (More in FinSMEs)
???? DispatchHealth , a Denver, CO-based platform for in-home healthcare delivery, raised $330 million in a round led by Optum Ventures , with participation from Echo Health Ventures, Blue Shield of California and Humana. (More in Crunchbase News)
???? Haystack MRD? by Quest Diagnostics? , a Baltimore, MD-based company that optimizes treatment strategies to improve outcomes for cancer patients, raised $56 million in a Series A financing round led by Catalio Capital Management , with participation from Bruker, Exact Ventures and Alexandria Venture Investments. (More in VC News Daily)
??Zest, a New York, NY-based gifting platform, raised $4.2 million in a funding round led by GV (Google Ventures) , with participation from BoxGroup, Character, Operator Partners, Bungalow Capital, and Company Ventures. (More in FinSMEs)
领英推荐
??? ArmorCode Inc. , a Palo Alto, CA-based AppSecOps platform, raised a $14 million Series A financing round led by Ballistic Ventures , with participation from Sierra Ventures and Cervin. (More in VC News Daily)
??? ♀??? Akeyless Security , an Israel-based platform for protecting and managing credentials, certificates and keys used by machines, applications and DevOps teams, raised $65 million as part of a Series B funding round led by NGP Capital . (More in VentureBeat)
?? Methodical Games, Inc. , a Raleigh, NC-based game studio, raised $15 million in an investment round led by Lightspeed , with participation from Bitkraft Ventures, 1Up Ventures and Transcend Fund. (More in VentureBeat)
?? Freshpaint , a San Francisco, CA-based company that enables businesses to capture and activate customer data, raised $14.5 million in a funding round that included $9.5 million in Series A led by Intel Capital ?and an additional $5 million in debt financing. (More in VentureBeat)
????? SigmaOS , a London, UK-based web browser designed for focusing on work and productivity, raised $4 million in a Seed funding round led by LocalGlobe , with participation from Y Combinator, 7percent Ventures, Moonfire Ventures, Shine VC, TrueSight Ventures, Pioneer Fund and Venture Together. (More in TechCrunch)
???? Matter Labs , a platform for zkSync, an Ethereum scaling solution that drastically reduces the cost of Ethereum transactions, raised a $200 million Series C funding round co-led by Blockchain Capital ?and Dragonfly , with participation from LightSpeed Venture Partners, Variant and Andreessen Horowitz, bringing the total raised to $458 million. (More in TechCrunch)
????? ♀? boostsecurity.io , a Montreal, QC-based provider of automated tools and checks throughout the build, test, and release phases of developing secure code, raised $8.5 million as part of a funding round led by Sorenson Capital . (More in VentureBeat)
???? CG Oncology , an Irvine, CA-based oncolytic immunotherapy company focused on developing novel therapeutics for urologic cancers, raised $120 million in a Series E financing round, co-led by ORI Capital , Longitude Capital ?and Decheng Capital , with participation from RA Capital Management, Acorn Bioventures, Malin Corporation, Ally Bridge Group and Sirona Capital, bringing total funding to date over $200 million. (More in VC News Daily)
???? Casma Therapeutics , a Cambridge, MA-based biotechnology company engaging the autophagy system to design new medicines, closed a Series C financing round of $46 million with participation from new investors Amgen Ventures , Astellas Pharma US Venture Management, Eisai Co., Euclidean Capital, Mirae Asset, and Ono Venture Investment, as well as current investors Eventide Asset Management, LLC, Schroders Capital, The Column Group and Third Rock Ventures. (More in VC News Daily)
?? ?? Impulse , a San Francisco, CA-based induction stovetop manufacturer, raised a $20 million Series A funding round led by Lux Capital , with participation from Fifth Wall and Construct Capital, bringing total funding to date to $25 million. (More in TechCrunch)
?? Descript , a San Francisco, CA-based video and audio editor, raised a $50 million Series C round led by OpenAI Startup Fund, with participation from Andreessen Horowitz (a16z), Redpoint Ventures and Spark Capital. (More in TechCrunch)
???? Contentstack , an Austin, TX-based composable digital experience platform, raised $80 million in a Series C funding round co-led by Georgian ?and Insight Partners , with participation from Illuminate Ventures, bringing total raised thus far to $169 million. (More in VC News Daily)
?? RoadRunner , a Pittsburgh, PA-based sustainable waste management company, closed a $20 million Series D extension round led by Fifth Wall . (More in VC News Daily)
??? MotherDuck , a Seattle, WA-based builder of a serverless data analytics platform based on open source database DuckDB, raised a $47.5 million round of funding, with the $35 million Series A funding round led by Andreessen Horowitz ?following a $12.5 million Seed round led by?Redpoint, putting the Company at a $175 million valuation. Other investors include Madrona, Amplify Partners and Altimeter. (More in TechCrunch)
??? ♀? Bishop Fox , a Tempe, AZ-based provider of a “forward defense” to cybersecurity, raised $46 million in growth funding from WestCap , NextEquity Partners and Rockpool Capital, adding to the $75 million it raised earlier in the year from Carrick Capital. (More in FinTech Global).
??? Atmos , a San Francisco, CA-based startup helping Charlotteans and residents in other North Carolina cities design custom homes, raised $12.5 million in a Series A funding round led by Khosla Ventures , with participation from JLL Spark and Y Combinator. (More in TechCrunch)
???? Dandelion Energy , a Mount Kisco, NY-based residential geothermal company, closed a $70 million B1 funding round co-led by LENX, the corporate venture arm of Lennar , and NGP , the energy transition investing platform of NGP, with participation from Breakthrough Energy Ventures, NEA, GV, Collaborative Fund and Building Ventures. (More in VC News Daily)
???? Rep Data , a New Orleans, LA-based data collection firm for primary research, closed a $6.25 million Series A round led by Recurring Capital Partners . (More in VC News Daily)
??? WEKA , a Campbell, CA-based data platform for next-generation workloads, raised $135 million in a Series D funding round led by Generation Investment Management , with participation from new and existing investors including 10D, Atreides Management, Celesta Capital, Gemini Israel Ventures, Hewlett Packard Enterprise, Hitachi Ventures, Key1 Capital, Lumir Ventures, Micron Ventures, Mirae Asset Capital, MoreTech Ventures, Norwest Venture Partners, NVIDIA, Qualcomm Ventures, and Samsung Catalyst Fund. (More in VC News Daily)
???? Greenscreens.ai , a West Palm Beach, FL-based dynamic pricing platforms for freight brokers and 3PLs, raised a $5 million Series A investment from existing investor Tiger Global Management . (More in VC News Daily)
???? Freight Farms , a Boston, MA-based manufacturer of container farms, raised $17.5 million in a Series B3 funding round co-led by Aliaxis ?and Ospraie Ag Science , with participation from Spark Capital, Stage 1 Ventures, and Alkaline Partners. (More in VC News Daily)
???? WeaveGrid , a San Francisco, CA-based software company that builds data products to enable rapid electric vehicle (EV) adoption, raised $35 million in a Series B funding round led by Salesforce Ventures , with participation from new investors Activate Capital, Collaborative Fund, Emerson Collective and MCJ Collective, as well as existing investors Breakthrough Energy Ventures, Coatue, Grok Ventures and The Westly Group. (More in VC News Daily)
???? Jnana Therapeutics , a Boston, MA-based biotechnology company leveraging its next-generation chemoproteomics platform to discover medicines for challenging-to-drug targets, closed a $107 million Series C financing round led by Bain Capital Life Sciences?with participation from existing investors including RA Capital Management, Polaris Partners, Versant Ventures, Avalon Ventures and Pfizer Ventures. (More in VC News Daily)
???? Payload , a Grand Rapids, MI-based company which develops a headless open-source content management system (CMS), raised a $4.7 million Seed round led by Gradient , with participation from MongoDB Ventures, Y Combinator, SV Angel, Grand Ventures and Exceptional Capital. (More in TechCrunch)
????? ♀? Yakoa , a San Francisco, CA-based NFT fraud detection startup, raised $4.8 million in a funding round led by Collab+Currency ,? Volt Capital and? Brevan Howard Digital , with participation from Data Community Fund, Alliance DAO, Uniswap Labs Ventures, Orange DAO, Time Zero Capital, gmjp, Sunset Ventures and FAST by GETTYLAB. (More in TechCrunch)
?? YAHAHA a Helsinki, Finland- and Shanghai, China-based immersive, user-generated, low-code gaming platform, raised $40 million describing this as an extension to its previous round, specifically a “Series A+”, co-led by Temasek ?and 阿里巴巴集团 , with participation from 37 Interactive Entertainment. (More in TechCrunch)
????? Buildkite , a Perth, Australia-based CI/CD software development company, raised $21 million in a Series B funding round co-led by OneVentures ?and Airtree , with participation from General Catalyst. (More in VentureBeat)
?????? Noodle Cat Games , a flexible, iteration-based games studio, raised $4.1 million in a funding round led by Makers Fund , with participation from 1Up Ventures and Epyllion. (More in VentureBeat)
???? Bonum Therapeutics , a Seattle, WA-based Good Therapeutics spinout developing a new class of conditionally active therapies, raised $93 million in a round of financing led by 罗氏公司 Venture Fund. (More in FierceBiotech)
??? Pelico , a Paris, France-based factory operations SaaS platform, raised $18 million in a round of financing led by 83NORTH ?and Serena, with participation from La Famiglia & ISAI. (More in BusinessWire)
?????? Attabotics , a Calgary, AB-based 3-D robotics supply chain company, raised $71.7 million in a Series C round, led by Export Development Canada | Exportation et développement Canada , with participation from the Ontario Teachers’ Pension Plan Board, bringing the company’s total funding to $165.1 million. (More in TechCrunch)
?????? Curavit , a Boston, MA-based virtual CRO (Contract Research Organization) that specializes in decentralized clinical trials, raised $5 million in a Series A round led by Osage Venture Partners , with participation from Royal Street Ventures and Narrow Gauge Ventures, bringing the total the company raised to date to more than $8 million. (More in Fierce Biotech)
???? Butter Technologies , a San Francisco, CA-based food wholesale operating system, raised a $9 million Series A, led by Gradient , with participation from Uncommon Capital and Notation Capital. (More in VC News Daily)
?? ???? ????Impact, a Beverly Hills, CA-based professional network for the entertainment industry, raised $15 million in a Series B funding round led by Shasta Ventures , with participation from Benchmark and strategic investors including Skydance and Riviera Partners. (More in VC News Daily)
???? ?? Validic , a Durham, NC-based digital health and remote care company, closed a $12 million financing round led by Kaiser Permanente Ventures , with participation from existing and new investors including Arkin Digital Health, Green Park & Golf Ventures, Ziegler, Gore Range Capital, Greycroft Partners and SJF Ventures. (More in VC News Daily)
???? Maven Clinic , a New York, NY-based teletherapy startup focused on women’s health, raised $90 million in a Series E funding round led by General Catalyst , with additional participation from Intermountain Ventures, Sequoia Capital and CVS Health Ventures, bringing the total amount raised to >$300 million. (More in Crunchbase News)
????? GoFreight , a Los Angeles, CA-based startup that makes software for global freight forwarders, raised a $23 million Series A round co-led by Flex Capital ?and Headline , with participation from LFX Venture Partners, Palm Drive Capital and returning investors Mucker Capital, Cornerstone Ventures and Red Building Capital. (More in TechCrunch)
???? MBX Biosciences, Inc. , a Carmel, IN-based clinical stage biopharmaceutical company, closed a $115 million Series B financing round led by Wellington Management ?with participation from RA Capital Management and Norwest Venture Partners along with existing investors Frazier Life Sciences, New Enterprise Associates (NEA) and OrbiMed. (More in VC News Daily)
???? Owl Labs , a Boston, MA-based startup building AI-powered, 360-degree video conferencing solutions, raised a $25 million Series C investment round led by HP Tech Ventures, with participation from Sourcenext, along with existing investors Matrix Partners, Spark Capital and Playground Global, bringing the company's total funding to over $47 million. (More in VC News Daily)
???? Vow , a Sydney, Australia-based cultured meat company, raised $49.2 million in a Series A funding round co-led by Blackbird ?and Prosperity7 Ventures . (More in TechCrunch)
??? Quix , a London, UK-based provider of a managed platform for building and running event-driven data applications, raised $12.9 million in a Series A funding round led by MMC Ventures , with participation from Project A Ventures and Passion Capital. (More in TechCrunch)
That is all for now, but rest assured that we will be ?? ?? while ???? next week. Expect a fresh publication from us next Monday like you are used to.
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