VC Investments Rolled In At A Steady Pace

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Investors did not lose a step returning to their offices post Labor Day Weekend.

Let's take a look at the deal landscape.

John

??Last Week’s Most Popular Link??

?? Kiki (fka EasyRent), a New York, NY-based invite-only subletting club, raised $6 million in a Seed funding round led by Blackbird Ventures, with participation from individual investors. (More in TechCrunch)

?? M&A ??

?? SAP, a Walldorf, Germany-based enterprise application software company, acquired LeanIX, a Bonn, Germany-based enterprise architecture management (EAM) company that had raised ~$120 million from investors including Goldman Sachs Growth Equity, Insight Partners and DTCP, for an undisclosed amount which could reportedly be north of $1 billion. (More in TechCrunch)

?? Biobest Group, an Antwerp, Belgium-based provider of pollination and biological crop protection products, acquired Biotrop, a S?o Paulo, Brazil-based provider of biological and natural farming solutions that has raised funding from GIC, Sofina, Tikehau Capital and other investors, for around $570 million. (More in Reuters)

?? Amber Therapeutics, a London, U.K.-based bioelectrical therapy startup, acquired Bioinduction, a Bristol, U.K.-based platform for chronic neurodegenerative and cerebrovascular disease neuromodulation therapy that had raised ~$13 million from 8VC, Biomedical Catalyst and Oxford Science Enterprises, for an undisclosed amount. (More in FierceBiotech)

?? Sourcing Ideas ??

(Companies that had raises reported ~1 year ago, on or around September 9, 2022)

?? BioBetter, a Kiryat Shmona, Israel-based cultivated meat startup that manufactures complex proteins from repurposed tobacco plants, raised $10 million in a Series A funding round led by Jerusalem Venture Partners (JVP), with participation from Milk and Honey Investments and the Israeli Innovation Authority. (More in FinSMEs)

?? Trek Health, a San Mateo, CA-based payment and insurance workflow automation platform for mental health provider groups, raised $2.7 million in a Seed funding round led by Lionheart Ventures, with participation from Founder Collective and a number of individual investors. (More in FinSMEs)

?? VC Deals ??

?? Meati, a Boulder, CO-based maker of plant-based meats, raised $50 million in a Series C extension funding round from Bond, Congruent Ventures and Revolution Growth. (More in Nosh)

?? Momnt, an Atlanta, GA-based embedded lending startup, raised $15 million in a funding round led by TruStage Ventures, with participation from Saluda Grade Ventures and Rockefeller Asset Management. (More in PYMNTS)

?? Advantek, a Houston, TX-based company that uses injection wells for waste disposal, spun off its carbon removal unit, Vaulted Deep, via an $8 million Seed investment from Lowercarbon Capital. (More in PR Newswire)

?? Ello, a San Francisco, CA-based developer of an AI reading coach, raised $15 million in a Series A funding round led by Goodwater Capital, with participation from Homebrew, Common Sense Growth, Ravensburger and individual investors. (More in FinSMEs)

?? Zopa, a London, U.K.-based digital bank, raised $93 million in a debt funding round led by IAG SilverStripe, with participation from other investors. (More in TechCrunch)

?? Certa, a San Francisco, CA-based vendor management startup focused on procurement and ESG compliance, raised $35 million in a Series B funding round co-led by Fin Capital and Vertex Ventures, with participation from Tru Arrow Partners, Point72 Ventures, BDMI, Mantis VC and GOAT Capital. (More in TechCrunch)

?? Clara Analytics, a Santa Clara, CA-based provider of insurance claims optimization solutions, raised $24 million in a Series C funding round led by Spring Lake Equity Partners, with participation from insiders Aspen Capital Group, Oak HC/FT and QBE Ventures. (More in PYMNTS)

?? Imbue, a San Francisco, CA-based AI research lab, raised $200 million at a $1+ billion valuation in a Series B funding round from Astera Institute, Nvidia and a number of individual investors. (More in TechCrunch)

?????? Easop, a New York, NY-based provider of an equity compensation solution for global teams, raised an undisclosed amount from SemperVirens. (More in FinSMEs)

? Ascend Elements, a Westborough, MA-based EV battery recycling company, raised $460 million in a Series D funding round co-led by Decarbonization Partners, Temasek and Qatar Investment Authority. (More in PR Newswire)

?? Mariana Oncology, a Watertown, MA-based developer of radiopharmaceuticals for treating cancer, raised $175 million in a Series B funding round co-led by Deep Track Capital and Forbion, with participation from Nextech Invest, Surveyor Capital, Eli Lilly, as well as insiders Atlas Venture, Access Biotechnology and RA Capital Management. (More in FinSMEs)

?? Pumpspotting, a Kittery, ME-based breastfeeding support platform, raised $2.2 million in a Seed funding round co-led by Sincere Corporation and Maine Venture Fund, with participation from Unum Business Ventures and Maine Technology Institute. (More in FinSMEs)

?? Anchor, a Lagos, Nigeria-based banking-as-a-service (BaaS) provider, raised $2.4 million in a Seed financing round led by Goat Capital, with participation from FoundersX, Rebel Fund and a number of existing investors including Y Combinator and Byld Ventures. (More in TechCrunch)

?? Harmonya, a New York, NY-based provider of product data analytics for CPG brands, raised $20 million in a Series A funding round led by Bright Pixel Capital, with participation from Team8, J Ventures, Silicon Road Ventures, Allen & Co., LiveRamp Ventures and Susa Ventures. (More in PR Newswire)

?? Mujin, a Tokyo, Japan- and Atlanta, GA-based startup which develops AI-based software for industrial automation, raised $85 million in a Series C funding round led by SBI Investment, with participation from Pegasus Tech Ventures and Accenture, bringing its total funding to $150 million. (More in TechCrunch)

?? Kindo, a Los Angeles, CA-based AI productivity platform for businesses, raised $7 million in a Seed funding round led by Riot Ventures, with participation from Eniac Ventures, RRE Ventures, Marlinspike Partners, Flexcap Ventures, Sydecar and a number of individual investors. (More in VentureBeat)

?? Story Protocol, a San Francisco, CA-based developer of an open-IP creator collaboration platform, raised $54 million in a funding round led by Andreessen Horowitz, with participation from Hashed, Endeavor, Samsung Next, 11:11 and a number of individual investors. (More in VentureBeat)

?? Boston Metal, a Boston, MA-based developer of sustainable steelmaking solutions, raised $262 million in a Series C funding round from Aramco Ventures, M&G Investments, Goehring & Rozencwajg, Baillie Gifford, as well as insiders Breakthrough Energy Ventures, Microsoft's Climate Innovation Fund, BHP Ventures and Prelude Ventures. (More in Canary Media)

?? D-Matrix, a Santa Clara, CA-based generative AI chip startup, raised $110 million in a Series B funding round led by Temasek, with participation from Playground Global, M12, Samsung Venture, Nautilus Venture Partners and Entrada Ventures. (More in Crunchbase News)

?? Apollo Therapeutics, a Cambridge, U.K.-based biopharmaceutical company seeking to translate fundamental medical research into medicines, raised $226.5 million in a Series C funding round led by Patient Square Capital, with participation from M&G, Rock Springs Capital and two undisclosed U.S. public pension funds. (More in FierceBiotech)

?? Pynt, a Tel Aviv, Israel-based API security startup, raised $6 million in a Seed funding round led by Joule Ventures, with participation from Dallas VC and Honeystone VC. (More in TechCrunch)

?? SkinnyDipped, a Seattle, WA-based maker of nut snacks, raised $12 million in a Series A funding round from a number of individual investors. (More in TechCrunch)

?? SimpleClosure, a start-up which helps venture-backed start-ups automate the shutdown process, raised $1.5 million in a Seed funding round co-led by Vera Equity and Cambrian Ventures, with participation from individual investors. (More in TechCrunch)

?? Firstcard, a Menlo Park, CA-based provider of financial products to college students, raised $4.7 million in a Seed funding round from AngelList Early Stage Quant Fund, CyberAgent Capital, East Venture and individual investors. (More in TechCrunch)

?? Josys, a Tokyo, Japan-based integrated employee IT lifecycle management solution provider, raised $93 million in a Series B funding round co-led by Globis Capital Partners and insider Global Brain, bringing the total amount raised to $125 million. (More in TechCrunch)

? Ambient Photonics, a Scotts Valley, CA-based developer of low light energy harvesting tech for connected devices, raised $30 million in a Series A2 funding round led by Fine Structure Ventures, with participation from Helios Climate Ventures, Regeneration.VC, Sustainable Future Ventures, as well as insiders I Squared Capital, Ecosystem Integrity Fund and Cthulhu Ventures. (More in Yahoo!Finance)

?? Okra Solar, a Sydney, Australia-based developer of solar grids in rural areas, raised $7.9 million in a Series A equity funding round led by One Ventures, with participation from FMO, Susquehanna Private Equity Investments, Autodesk Foundation and King Philanthropies, as well as $4.1 million in debt. (More in TechCrunch)

?? Point.me, a New York, NY-based metasearch engine for flights using loyalty program reward points, raised $10 million in a Series A funding round led by Thayer Ventures, with participation from PAR Capital Ventures, RiverPark Ventures, Plug and Play Ventures and MoreThanCapital. (More in TechCrunch)

With the Fall just getting underway, we anticipate no slowdown in dealmaking activity. This week's tally will show up in your feed promptly next Monday.

John

John Gannon // VC Careers // VC Deals

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