Funding

Earned Wealth, a NYC-based financial services firm tailored for medical professionals, has secured $200 million in funding. The round was led by Summit Partners and Silversmith Capital Partners, with participation from existing investors Juxtapose, Hudson Structured Capital Management, and Breyer Capital. As part of the investment, Jeff Crisan, Managing Partner at Silversmith, and Darren Black, … Read more

Swedish grid inspection company Arkion, formerly known as Skyqraft, has raised $4 million in a recent funding round, bringing its total funding to over $10 million. Advancing Grid Inspection Technology Arkion aims to address the growing challenges of energy consumption and the need for reliable and long-lasting energy infrastructure. The company provides faster, more accurate, … Read more

Niva, a New York City-based provider of a global business identity platform, has raised more than $3.3 million in funding. The round was led by Gradient Ventures, Google’s AI-focused venture fund, with participation from Picus Capital, Canary, Gilgamesh Ventures, and executives from Chime, Deel, Enigma, and Faire. Founded by Abhinav Rai and Akhil Naini, Niva … Read more

Tracebit, a cloud threat detection and deception platform, has secured $5 million in Seed funding to make deception technology more accessible to enterprises. The round was led by Accel, with participation from Tapestry VC and angel investors, including Guy Podjarny, Tim Sadler and Ed Bishop, Mandy Andress and 20SALES. The funding will be used to … Read more

Gymdesk, an Austin, TX-based provider of member management software for fitness and wellness businesses, has raised $32 million in funding. The investment was made by Five Elms Capital. Gymdesk plans to use the funds to expand and strengthen its solutions for the fitness industry and widen its customer base across new verticals. Led by CEO … Read more

Eli Lilly and Company is set to acquire Morphic Holding, Inc. (NASDAQ: MORF), a biopharmaceutical company based in Waltham, MA, known for developing oral integrin therapies for serious chronic diseases. Lilly will commence a tender offer to acquire all outstanding shares of Morphic for $57 per share in cash, totaling approximately $3.2 billion. The transaction … Read more

Biostate AI, a scalable biodata foundry startup based in Palo Alto, CA, has raised $4 million in funding. The round was led by Matter Venture Partners, with participation from Vision Plus Capital, Catapult VC, the Caltech Seed Fund, Dario Amodei, Joris Poort, Michael Schnall-Levin , and Emily Leproust. Founded in 2023 and led by CEO … Read more

UK-based fintech company NALA has raised $40 million in Series A funding to support its global expansion and improve the reliability of payments to Africa by developing its payment rails. This follows NALA’s previous round of fundraising in 2022, bringing the company’s total funding to over $50 million. NALA aims to build payment solutions for … Read more

Apriori Bio, a biotechnology company based in Boston, MA, has raised $1.1 million in funding from CEPI. The funds will be used to advance Apriori Bio’s artificial intelligence platform, Octavia™. Apriori Bio, founded in 2020 by Flagship Pioneering and led by CEO Lovisa Afzelius, specializes in innovations against viral threats. The company’s Octavia platform surveys … Read more

HarmonyCares, a provider of value-based in-home longitudinal care based in Troy, MI, has raised $200 million in a funding round led by General Catalyst, McKesson Ventures, and a national payor. K2 HealthVentures and existing investors Rubicon Founders, Valtruis, HLM Capital, and Oak HC/FT also participated. The company plans to use the funding to expand its … Read more