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LATEST ARTICLES
Chicago-based insurance startup Kin raises USD 109 million in Series D funding
Chicago- In the fourth quarter of 2022, Kin, the direct-to-consumer home insurance provider made for every new normal®, announced that it had completed a third close of its Series D round, raising an additional USD 15 million. The money was contributed by Geodesic Capital, QED Investors, and other investors, bringing the total amount raised for Series D to USD...
San Francisco-based user management startup Clerk raises USD 15 million in Series A funding
SAN FRANCISCO - Clerk, the drop-in authentication and user management solution for React, announced a USD 15 million Series A backed by Madrona, with managing director Karan Mehandru joining the board. Mehandru has a comprehensive grasp of the field thanks to his time on the Auth0 board. Guillermo Rauch, the CEO of Vercel, Mango Capital, and Dave Wilner, the...
USA-based Mad Rabbit raises USD 10 million in Series A funding
California, USA-based leading brand in tattoo skincare, Mad Rabbit, raised USD 10 million in Series A funding. The round took place on March 22, 2023. Lucas Brand Equity led the financing for the firm. Meanwhile, Mark Cuban, H Venture Partners, and other notable investors joined in the funding. As a part of the deal, Ian Knowles, a partner at LBE,...
USA-based Reveal Healthtech raises USD 4 million in seed funding
New York, USA-based healthcare technology company Reveal Healthtech raised USD 4 million in seed funding. The round took place on March 22, 2023. Healthcare-focused VC that invests in and grows tech-enabled early-stage healthcare companies, W Health Ventures led the financing for the company. Purpose of financing for Reveal Healthtech With the latest proceeds from the seed funding, Reveal Healthtech seeks to...
USA-based Argosy Private Equity Limited acquires Vac2Go
USA-based lower middle market private equity firm Argosy Private Equity Limited acquired Kentucky, USA-based provider of mission-critical equipment to industrial, utility, and municipal customers, Vac2Go. The company announced the acquisition on March 21, 2023. However, it did not disclose the amount of the transaction. Purpose of acquisition by Argosy Private Equity Vac2Go seeks to expand its reach geographically with the acquisition....
USA-based Revolv raises USD 15 million in Series A
San Francisco, USA-based electric medium-to-heavy commercial fleets provider, Revolv raised USD 15 million in Series A funding. The round took place on March 21, 2023. Affiliated fund of Greenbacker Capital Management LLC ("Greenbacker") led the financing for the company. Purpose of financing for Revolv With the proceeds from the Series A round, Revolv seeks to expand its operations across North America....
California-based space startup Frontier Aerospace raises USD 10 million in Series A funding
California's SIMI VALLEY, March 21, 2023 — Frontier Aerospace Corporation ("Frontier"), a pioneer in next-generation liquid rocket engines for in-space propulsion, said today that AEI HorizonX has contributed USD 10 million to its Series A fundraising round. Frontier was established in 2014 to offer advanced space propulsion options. Frontier uses a tried-and-true fast development methodology to provide trustworthy, mission-optimized, and...
Chicago-based cannabis startup Cannect Wellness raises USD 7.5 million in equity capital
CHICAGO, 21 MARS 2023 - For its Illinois debut, Cannect Wellness, a high-end craft cannabis farmer and product maker, has raised USD 7.5 million in equity capital. Its 62,000-square-foot, cutting-edge cultivation and product production plant is located just outside Chicago and will utilize the cash to finish phase one of development. One of the first Craft Grower licenses the State...
California-based automation platform Numbers Station raises USD 12.5 million in funding
California's MENLO PARK — The intelligent data stack automation platform Numbers Station announced a USD 12.5 million round of investments. An investment round spearheaded by Madrona and included Norwest Venture Partners, Factory, and well-known angel investors, including Cloudera Co-Founder Jeff Hammerbacher. The fundraising brings the total amount received to USD 17.5 million and follows a previous USD 5 million...
Netherlands-based blood drawing equipment startup Vitestro raises EUR 12 million in Series A investment
21 March 2023, Netherlands - Vitestro, a company that creates autonomous blood drawing equipment, reports that its EUR 12 million Series A investment round is complete. With previous and new private investors with knowledge in the clinical laboratory and MedTech industries, Sonder Capital, located in California, led the funding round. The money will go toward quickening product development, preparing EU...