USA-based Looq AI raises USD 2.6 million in seed funding

California, USA-based technology platform company dedicated to advancing critical infrastructure digitization and analysis, Looq AI raised USD 2.6 million in seed funding. The round took place on February 28, 2024. BootstrapLabs, a venture capital firm focused on applied artificial intelligence, led the financing for the company. Meanwhile, Longley Capital and Spatial Capital also joined in the funding. So far,...

USA-based Reveleer raises USD 65 million in funding

A leading USA-based AI-powered healthcare technology data and analytics company committed to advancing sustainable value-based care for health plans and risk-bearing providers, Reveleer raised USD 65 million in a new financing round. The round took place on February 26, 2024. Hercules Capital, Inc. led the financing for the company. Purpose of financing for Reveleer With the latest funding, Reveleer continues its...

Dublin-based Mainstay Medical Holdings raises USD 125 million in funding

Dublin, Ireland-based medical device company, Mainstay Medical Holdings raised an equity financing in which it received gross proceeds of USD 125 million. The company announced the investment on February 26, 2024. Gilde Healthcare and Viking Global Investors led the financing for the company. Ally Bridge Group, Sofinnova Partners (Crossover Fund), Fountain Healthcare Partners, and Perceptive Advisors also joined in...

Germany-based RobCo raises USD 42.5 million in Series B

Munich, Germany-based, expert in modular, affordable, and connected robotics automation solutions for SMEs, Robco raised USD 42.5 million in Series B. The company announced the investment on February 26, 2024. Global venture powerhouse Lightspeed Venture Partners joined as a new investor in a recent financing round (Series B). Former Apple and Nvidia investor Sequoia Capital, along with Kindred Capital...

USA-based Mobly raises USD 2.5 million in funding

Utah, USA-based Mobile software company Mobly raised USD 2.5 million in seed funding. The round took place on February 26, 2024. Peterson Ventures led the financing for the company. Meanwhile, VITALIZE Venture Capital, Peak Ventures, Tenzing Capital, Upstream Ventures, and Service Provider Capital joined in the funding. Besides,strategic angel investors also joined in the Seed round.  As a part of...

USA-based Datasite acquires Sherpany

Minneapolis, USA-based, is the leading SaaS platform used by enterprises globally to execute complex, strategic projects, Datasite acquired Sherpany®, a Zurich-based board reporting and meeting management software provider. The company announced the acquisition on February 21, 2024. However, it did not disclose the germs of the agreement. The transaction is expected to close in Q1 2024, subject to closing...

USA-based ISHI Health raises USD 4 million in funding

California, USA-based virtual clinic specializing in heart failure and complex cardiac disease care, ISHI Health, raised USD 4 million in funding. The round took place on February 21, 2024. Takeda Digital Ventures led the financing for the company.  Purpose of financing for ISHI Health With the latest financing, ISHI Health seeks to propel its platform & expand its product range. It...

USA-based Highway 9 Network raises USD 25 million in funding

California, USA-based provider of a mobile cloud for delivering cloud-native mobility and services for the AI-driven enterprise, Highway 9 Network raised USD 25 million in funding. Mayfield, General Catalyst and Detroit Ventures provided the financing to the company. Meanwhile, a growing number of prominent enterprise and institutional customers also joined in the round.  Purpose of financing for Highway 9 Networks The...

USA-based Clumio raises USD 75 million in Series D

California, USA-based leader in data backup and recovery for public cloud, Clumio raised USD 75 million in a Series D funding round. The round took place on February 21, 2023. Sutter Hill Ventures led the financing for the company. Meanwhile, existing investors Index Ventures and Altimeter Capital and new investor NewView Capital also joined in the funding.  Purpose of financing...

Israel-based Loora raises USD 12 million in Series A

Tel Aviv, Israel-based generative AI English language learning company Loora raised USD 12 million in a Series A financing. The round took place on February 21, 2024. Lead investor QP Ventures led the financing for the company. Meanwhile, new investor Hearst Ventures and existing investors such as Emerge and Two Lanterns Venture Partners, among others, joined in Series...