Silicon Valley Journals 
BetterNight, a leading provider of comprehensive sleep care through its virtual care platform, has raised $33 million in growth funding led by NewSpring. Existing investors HCAP Partners and Hamilton Lane also participated in the financing round via its Impact Fund II and other accounts managed by the firm. The company provides a full range of … Read more
Nalu Bio, a manufacturer of chemistry-based, ultra-pure cannabinoids, announced today a $12 million Series A funding round. Intrinsic Capital Partners led the round, with Flybridge Capital Partners, Portfolia Active Aging & Longevity Fund, Bonaventure Equity, L37 Ventures, Golden Seeds, Sacramento Angels, Brown Angel Group, and Axial Venture also participating. The funds will be used by … Read more
PteroDynamics, an aircraft design and manufacturing firm that creates innovative vertical takeoff and landing (VTOL) aircraft, announced today the completion of a $7.5 million Seed round. Kairos Ventures, an existing investor, and new investors Lavrock Ventures and CS Venture Opportunities Fund led the round. The funds raised will help PteroDynamics develop larger Transwing aircraft variants, … Read more
Poshmark, the social resale marketplace, has laid off less than 2% of its workforce. The layoffs were largely due to the fact that the company recently became a private company again. According to a spokesperson, some employees in finance, accounting, and human resources were impacted after their roles were deemed no longer necessary. Poshmark currently … Read more
Novata, a technology platform and public benefit corporation focused on Environmental, Social and Corporate Governance (ESG), has announced a successful Series B funding round, raising $30 million. The company provides the private markets with data management and analytics solutions that enable investors to align their capital flows with their ESG priorities. The funding round was … Read more
JDI Data Corp., a software firm based in Fort Lauderdale that specializes in claim, policy, and client management software, has filed for Chapter 11 bankruptcy protection and is closing its office. The firm filed for bankruptcy on Feb. 17 in the U.S District Court for the Southern District of Florida. According to court documents, the … Read more
LexaGene Holdings Inc., a biotechnology company that was based at the Cummings Center, has filed for Chapter 7 bankruptcy in Boston, after being unable to secure the necessary funding to continue operations. The company has ceased operations and laid off its staff. LexaGene’s founder and CEO, Jack Regan, invented a system that detects biological contaminants, … Read more
Gable, a startup that offers a platform for distribution companies to manage their office space, has secured $16 million in funding. The funding round was co-led by SemperVirens and Foundation Capital, with participation from Tishman Speyer Ventures, Ulu Ventures, and January Ventures. Gable’s platform enables employees to view where their colleagues are working and book … Read more
CodaMetrix, the leading AI technology platform that is transforming healthcare revenue cycle management, announced today the completion of a $55 million Series A round led by SignalFire. The round was also attended by Frist Cressey Ventures (FCV), Martin Ventures, Yale Medicine, the University of Colorado Healthcare Innovation Fund, and the Mass General Brigham physician organizations. … Read more
Marco lent $100 million faster than any other Latin American fintech in 2022, financed over $254 million in less than two years, and saw a 1,500%+ CAGR in financing with no losses between 2021 and 2022.