Entreprenuernewsnetwork

Mendel Raises $40 Million Series B Round

Mendel, the leading clinical artificial intelligence and natural language processing platform, today announced it has raised $40 million in Series B funding round led by Oak HC/FT. The round includes participation from existing investor DCM, who led Mendel’s Series A funding round in June 2021. This funding comes amidst surging customer demand for Mendel’s AI infrastructure. The fresh … Read more

Mutiny Raises $50M Series B Funding

Mutiny today announced a $50 million Series B funding round co-led by Tiger Global and Insight Partners with participation from prior investors Sequoia Capital, Cowboy Ventures, and Uncork Capital. The round also includes current and former CMOs from world-class companies like Uber, Visa, Salesforce, Square, Figma, Condé Nast, Carta, Snowflake, and Atlassian, who see in Mutiny a new … Read more

Experify Raises $4M Seed Round to Create Experiential Reviews as a Service Platform

Experify, the first platform to enable a truly authentic product review experience by connecting prospective buyers with purchasers, closed a $4M seed round led by Vertex Ventures US, with the participation of Sonae Investment Management and the Berkeley SkyDeck Fund. In recent years, the rise of disingenuous influencers, hidden advertisements, and unverified purchasers have greatly … Read more

One More Game Raises $22 Million Series A Round Led by Lightspeed Venture Partners and Others

One More Game, a new game studio built by veteran developers behind Warcraft, StarCraft, Diablo, and Guild Wars, today announced that it closed a $22 million Series A funding round led by Lightspeed Venture Partners. The investment will further empower the team in its mission to help players have more fun, beginning with its first title: Spellcraft, an online competitive strategy game … Read more

Mytaverse Closes $7.6 Million Seed Round Fueling Development of the Enterprise Metaverse Infrastructure

Mytaverse, the next-gen platform empowering enterprises in a virtual shared metaverse, today announced that it has raised $7.6 million in Seed funding to support the evolving needs of enterprises. Blumberg Capital led the round, joined by Baselayer Ventures, Correlation Ventures, Accelerator Ventures and others. A follow-on investment was made by Alberto Peisach. David Blumberg, founder and Managing Partner of … Read more

Twitter Confirms Receipt of Unsolicited, Non-Binding Proposal from Elon Musk

Twitter, Inc. (NYSE: TWTR) today confirmed it has received an unsolicited, non-binding proposal from Elon Musk to acquire all of the Company’s outstanding common stock for $54.20 per share in cash. The Twitter Board of Directors will carefully review the proposal to determine the course of action that it believes is in the best interest of the Company and … Read more

Newfront announces $200 million investment from Goldman Sachs Asset Management, B Capital, and other investors

Newfront, the modern insurance brokerage platform, today announced a $200 Million investment at a $2.2bn valuation led by the Growth Equity business within Goldman Sachs Asset Management and B Capital with participation from existing investors including Founders Fund and Meritech Capital. “The nature of risk has changed drastically over the past century but the insurance industry has not modernized … Read more

EvolutionIQ Raises $21M Series A Funding

EvolutionIQ, the most rapidly adopted Claims Guidance platform amongst insurance carriers, today announced that it raised $21M in Series A funding. The round was led by Brewer Lane Ventures, with participation from all major seed investors, including FirstRound Capital, FirstMark Capital and Foundation Capital, and new participation from Altai Ventures and Asymmetric Ventures. Industry-leading strategic investors including … Read more

Jobox.ai Raises $42M Series B Funding

obox.ai, a software company that provides home service marketplaces with an AI-based infrastructure to directly connect their customers with skilled trades professionals (“pros”), announced today it has secured a $42M Series B funding round led by General Catalyst. Additional investments came from new and existing investors including Resolute VC, NNS, Expanding Capital and Joey Low. The company is … Read more

Surance.io Closes US$ 4Million Series A Funding From Tech Mahindra

Surance.io has recently completed a round of financing from Tech Mahindra that acquired 25% equity of the start-up with an option to invest in additional 20%. The initial investment is at the amount of US$ 4 million which will support the global expansion of the strong player in the InsurTech industry. Surance.io is an innovative … Read more

DUOS Secures $15 Million Series A Funding

DUOS, a digital health company on a mission to increase the longevity and independence of older adults, announced today a $15 million Series A funding led by Imaginary Ventures, along with participation from existing investors Forerunner Ventures, Declaration Partners, and new investor Optum Ventures. Older adults are facing a two-pronged crisis. First, approximately 10,000 American … Read more

Venus Aerospace Raises $20 Million In Series A Funding Led By Prime Movers Lab

Venus Aerospace, a startup developing hypersonic aircraft, raised a $20 million Series A funding round led by Prime Movers Lab, which invests in breakthrough scientific companies that reinvent and transform the way we live and operate. Venus Aerospace is building a zero-carbon emission spaceplane that will enable one-hour global travel. One year after closing its … Read more

Triton EV with Four Major Companies to Develop Asia’s Biggest EV Manufacturing Hub in Gujarat with an Investment of Rs 10800 Crores

In a landmark development of taking the Indian EV Journey to a global leadership position, Triton EV has signed an MoU with the Gujarat State Government for setting up the world’s iconic EV Truck Manufacturing Plant with a minimum investment commitment of Rs 10 Thousand Eight Hundred Crore over a span of 5 years. The … Read more

Neurotechnology Startup Phantom Neuro Raises $3.26M In Seed Round

Phantom Neuro, a burgeoning neurotechnology startup that delivers a low power, high accuracy system for lifelike control of robotic orthopedic technologies, today announced a $3.26 million funding round from leading international and U.S.-based investors. LionBird Ventures, which is headquartered in Tel Aviv and a leader in identifying winning pre-scale digital health companies, led the round with participation from Draper Associates, … Read more

ChargeAfter Raises $44M in Series B Funding

ChargeAfter, the market-leading Buy Now Pay Later (BNPL) consumer financing network that provides shoppers with responsible, approved financing offers from multiple lenders with a single application, and bespoke white-labeled BNPL platform services for global banks and financial institutions has announced the completion of their $44M Series B. The round was led by The Phoenix, with … Read more

Ola Electric makes strategic investment in Israeli company StoreDot

Ola Electric, India’s leading manufacturer of EVs, has invested in an Israeli battery technology company StoreDot, a pioneer in batteries with extreme fast charging (XFC) technology. The investment in StoreDot is the first of several global strategic investments planned by Ola Electric as it looks to ramp up its core R&D in advanced cell chemistry … Read more