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Venture Capital News

Funding rounds, launches, acquisitions and market moves — summarised by our AI from thousands of sources and linked to the startups and funds behind them. 42,100 stories in the archive.

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Saturday, April 6, 2024

Delayed Repairs: Hyundai and Kia Vehicles Still Pose Fire Risks

Six months after a recall of 3.4 million Hyundai and Kia vehicles due to fire risks, many remain unrepaired, putting lives in danger. The delay in repairs is blamed on parts shortages, particularly fuses needed to reduce electrical…

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Funding

GenAI Startup Vodex Secures $2M in Seed Funding for Expansion

Vodex, a GenAI startup based in Bengaluru, India, has successfully raised $2 million in a seed funding round led by Unicorn India Ventures and Pentathlon Ventures. The company plans to utilize this capital for global expansion and scaling…

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Funding

HealthArc Revolutionizes Healthcare with $5M Funding Boost

HealthArc, a virtual healthcare innovator, secures $5M in funding to propel its advanced care management platform to new heights. Led by ScOp Venture Capital, this investment will drive the transformation of healthcare delivery…

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Funding

Full Glass Wine Co. Secures $14M Funding and Acquires Bright Cellars

Full Glass Wine Co., a brand acquisition and management firm based in Los Angeles, CA, recently closed a $14 million Series A funding round led by Shea Ventures. The company plans to use the funds to enhance its growth strategy, develop…

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Funding

Netgain Secures $35M in Funding, Summit Partners Leads the Way

Denver-based Netgain, a software provider for finance and accounting teams, has successfully raised $35M in funding. The funding round was spearheaded by Summit Partners, with Greg Goldfarb, a Managing Director at Summit Partners, now…

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Funding

Manifold's AI Revolutionizes Clinical Research with $15M Funding

Manifold, a Newton-based AI clinical research platform, secures $15M in Series A funding to streamline research workflows and unlock new insights. Led by TQ Ventures, the funding aims to accelerate research progress and improve patient…

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Zomato's Tax Troubles: A Bitter Bite

Zomato, the food delivery giant, is facing a sour taste as it receives a hefty Goods and Services tax (GST) notice of Rs 23.26 crore from Karnataka tax authorities for the financial year 2018-19. The demand includes a GST payment of Rs…

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Funding

DOS Labs: A Game-Changing Investment in MetaDOS

DOS Labs, a game development studio based in Tortola, British Virgin Islands, recently secured a whopping $2.45 million in funding to revolutionize the battle royale gaming industry with their upcoming game, MetaDOS. The investment round…

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Funding

Ironic Biotech: Revolutionizing Iron Supplementation

A Swedish startup, Ironic Biotech, has raised €1 million to combat iron deficiency and anemia with plant-derived proteins that promise no side effects. The company aims to help 2 billion individuals worldwide suffering from iron deficiency…

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Funding

Aerospike's $109M Boost for AI Innovation

Aerospike, a leader in NoSQL database management systems, secures $109 million in growth capital investment from Sumeru Equity Partners and Alsop Louie Partners. The funding will drive innovation in transaction, analytics, and AI…

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Funding

Ellipsis Labs: Revolutionizing DeFi with $20M Funding

Ellipsis Labs, the mastermind behind the innovative Phoenix exchange, has secured a whopping $20 million in Series A funding. Led by Paradigm and Electric Capital, this investment will fuel Ellipsis Labs' mission to disrupt the financial…

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Funding

Biolinq Revolutionizes Glucose Monitoring with $58M Funding Boost

Biolinq, a San Diego-based healthcare technology company, secures $58M in funding to advance its innovative continuous glucose monitoring patch. Led by Alpha Wave Ventures, the funding will support completion of a pivotal clinical trial…

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Funding

Pigment Secures €134M in Series D Funding

Pigment, a Paris-based business planning platform, has successfully raised €134M in a Series D funding round led by ICONIQ Growth. The company plans to use the funds to accelerate its growth and enhance the adoption of its planning…

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Funding

EnteroBiotix: Pioneering Microbial Therapeutics

EnteroBiotix, a Glasgow-based biotech company, secures a hefty £27M funding round to advance its cutting-edge microbial therapeutics. The funding, a mix of fresh equity and converted loan notes, comes from a consortium of investors…

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Funding

SiMa.ai: Pioneering the Edge AI Revolution

SiMa.ai, a Silicon Valley startup, has secured a whopping $70 million in funding to unveil its cutting-edge GenAI chip. The company is set to revolutionize the AI chip market with its second-generation chipset, designed specifically for…

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