Skyline Robotics has successfully concluded a $9.8 million Pre-Series A-2 funding round, incorporating the conversion of SAFE Notes. The investment was spearheaded by Standard Skyline LLC, with additional contributions from Durst Ventures, the venture capital arm of the Durst Organization, and high-net-worth individuals. With a total funding of $19.4 million to date, this financial backing … Read more
Climate-positive fintech company Future has successfully raised an additional $6.5 million in funding from both new and existing investors, bringing its total capital raised to $11 million. The fresh capital injection positions Future for strategic growth, leading to the acquisition of Fan Rewards, an AI-driven rewards platform for fans of artists and influencers. Future secured … Read more
Blockchain technology company Fyde Treasury, founded by a former NASA scientist, has successfully closed a $3.2 million seed funding round. The round was led by OP Crypto Ventures, with participation from Arrington Capital, Big Brain Holdings, Merit Circle, and other notable funds and angel investors. Fyde Treasury aims to address the critical challenge of managing … Read more
Clinical-stage biotech company Lassen Therapeutics has successfully closed an oversubscribed Series B financing round, raising $85 million. Frazier Life Sciences co-led the financing alongside new investor Longitude Capital, with participation from BVF Partners, Catalio Capital Management, Alta Partners, and Longwood Capital. Lassen Therapeutics focuses on developing first-in-class antibody therapeutics, including LASN01 targeting interleukin-11 receptor for … Read more
SimSpace, a cybersecurity training startup, has secured $45 million in a funding round led by L2 Point Management, bringing its total funding to $70 million. The company creates digital replicas of organizations’ technology and networking stacks for cybersecurity training. SimSpace aims to reach $50 million in annual recurring revenue by the end of fiscal year … Read more
CITGO Petroleum Corporation has successfully concluded its annual fundraising campaign, raising over $2.9 million for the Muscular Dystrophy Association (MDA). The funds will be utilized to accelerate research, enhance multidisciplinary care, and advocate for inclusion, access, and equity for those affected by neuromuscular diseases, including muscular dystrophy and ALS. CITGO achieved this milestone through various … Read more
Totus Medicines, a company focused on revolutionizing small molecule drug discovery and development using covalent libraries and AI tools, has closed a $66 million Series B financing round led by DCVC Bio. The company also announced the appointment of Nassim Usman, Ph.D., as President & Chief Executive Officer. Neil Dhawan, Ph.D., the co-founder, founding CEO, … Read more
Shelpful, a company combining artificial intelligence with human support, has secured $3 million in seed funding from Apollo Projects, led by Sam Altman, CEO of OpenAI. Shelpful offers a platform where users can choose between an AI Productivity Assistant (HabitGPT), a real-human Accountability Coach (Shelper), or both in a 3-way chat. The platform aims to … Read more
Home services company Tetra has successfully raised $10.5 million in a seed funding round led by Greycroft, Gutter Capital, Lerer Hippeau, and 1sharpe Capital. The funds will support Tetra’s expansion into new markets, including New York and California, and further development of its proprietary technology designed to assist homeowners in transitioning from fossil fuels to … Read more
Distributional has successfully raised $11 million in a seed funding round led by Andreessen Horowitz, with participation from Operator Stack, Point72 Ventures, SV Angel, Two Sigma, Willowtree Investments, and numerous AI leaders as angel investors. The company aims to create a modern enterprise platform for artificial intelligence (AI) testing and evaluation, with a focus on … Read more