Helsing, a German AI defense company, is reportedly in discussions to secure €370 million in Series C funding, potentially valuing the company at an impressive $4 billion. According to Forbes, this funding round is being led by the US venture capital giant General Catalyst. Previous Funding Success In September of last year, Helsing raised €209 … Read more
AuditBoard, a Los Angeles-based provider of a connected risk platform for audit, risk, compliance, and ESG management, is set to be acquired by Hg, an investor in compliance, risk, and accounting software, in a transaction valued at over $3 billion. Strategic Growth Partnership Hg’s investment aims to accelerate AuditBoard’s growth as it continues to expand … Read more
Dutch Bros, a drive-thru coffee company, and its dedicated customers came together on Friday, May 17, for the 18th annual “Drink One for Dane” event, raising $2.5 million to support the Muscular Dystrophy Association (MDA) and its mission to end Amyotrophic Lateral Sclerosis (ALS). Significant Impact Through Community Support The Dutch Bros Foundation’s generous donation … Read more
Alphaledger, a leading provider of blockchain infrastructure for fixed income assets, has raised an undisclosed amount in its Series A funding round. The round was led by EJF Ventures, the investment arm of EJF Capital, with additional participation from KDX and other strategic investors. Purpose of the Funding The newly acquired funds will be used … Read more
Colendi, a Turkish fintech company, has secured $65 million in a Series B funding round, bringing its valuation to $700 million. This significant investment fuels Colendi’s ambitions to become a major digital banking player across emerging markets. Funding Round and Key Investors The funding round was led by Citi Ventures, the venture capital arm of … Read more
Resilience, a healthtech company specializing in remote patient monitoring for oncology, has raised $25 million in a recent funding round. This investment will bolster the company’s efforts to expand its innovative solutions across Europe, enhancing the quality of care for cancer patients. Key Investors and Funding UtilizationThe funding round was led by Picus Capital and … Read more
Atropos Health, a Palo Alto-based company specializing in translating real-world clinical data into high-quality personalized evidence for healthcare, has raised $33 million in Series B funding. This round was led by Valtruis and included new strategic investors such as Cencora Ventures, McKesson Ventures, and Merck GHI Fund, along with existing investors Breyer Capital, Emerson Collective, … Read more
Radar Therapeutics, a Berkeley, CA-based biotech company focused on developing smart programmable medicines, has raised $13.4 million in seed funding. The funding round was led by NfX Bio and included major investors such as Eli Lilly and Company, Biovision Ventures, and KdT Ventures, with additional participation from PearVC, BEVC, and other investors. Use of FundsRadar … Read more
Where Prestige Comes With a Price Tag
PolarityTE, a biotechnology company based in Salt Lake City, UT, has raised $22.5 million in funding. The financing comes from institutional investors and current shareholders. Additionally, the company secured a new senior secured credit facility with Avenue Venture Opportunities Fund, L.P., part of Avenue Capital Group, which provides up to $10 million in term loan … Read more