Entreprenuernewsnetwork

Tomorrow Farms Raises $8.5M in Seed Round Led by Lowercarbon Capital and Others

Tomorrow Farms, a food technology company on a mission to fuel the sustainable food revolution with irresistible food and beverage brands, announced today an $8.5 million seed round led by Lowercarbon Capital and additional key investors, including Maveron, Valor Siren Ventures, Simple Food Ventures and SV Angel. Working to become the trusted, household name for the future … Read more

Jobandtalent raises USD 250m debt facility to enable flexible wage payments to workers

Jobandtalent secured USD 250 million debt financing from US investment banks Citi, Goldman Sachs and European investor AnaCap Financial Partners (“AnaCap”). The debt financing will allow Jobandtalent to facilitate tangible benefits and enhance its foundation for innovative financial products offered to workers. For example, it will be used to enable daily payments and free early … Read more

ARC Group Ventures invests in HR Start-Up Worky

ARC Group Ventures (venture capital arm of ARC Group) is pleased to announce the investment in the bridge round of Worky, a Mexico City-based HR software and payroll platform for small- and medium-sized businesses. Founded in 2018 by Maya Dadoo, Carlos Marina and Oscar Castillo, Worky allows employers to offer benefits by providing an end-to-end enterprise-grade platform to automate employee … Read more

LottieFiles Raises $37 Million Series B Funding Led by Square Peg Capital

LottieFiles, the leading motion graphics platform for designers and developers, today announced a $37 million Series B funding round, led by Square Peg Capital, with additional participation from XYZ Venture Capital, GreatPoint Ventures, and  existing investors, 500 Startups and M12, Microsoft’s Venture Fund. LottieFiles will use the funding to further its product roadmap, expand its operations to cater … Read more

VitroLabs raises $46 million in Series A Funding

VitroLabs Inc, a Bay-Area-based biotech company leading the development of a new scientific process to grow the world’s first cellular cultivated animal leather, today announced that it has closed its Series A financing to build and scale pilot production. The company has raised a total of $46 million. Series A funding is led by Agronomics; other … Read more

Next Earth announces 12.5M USD strategic investment in Limitless

Next Earth has announced a 12.5M USD strategic investment in Limitless. This is an important step forward for Limitless, Next Earth and the metaverse as a whole. Next Earth believes that this investment will help create a thriving metaverse economy and enable new startups to be successful, and users to experience all that virtual reality has to offer. Limitless, … Read more

Yamaha Motor Ventures Leads $7.5 million Series A Funding Round for AgTech Startup Verge Ag

Yamaha Motor Ventures, the strategic business development and investment arm of Yamaha Motor Co., Ltd. announced it led a $7.5 million Series A funding round for Verge, developers of the world’s first AI-powered interactive software that enables farmers to plan, simulate, and validate the movement of equipment in the field and execute field operations efficiently. … Read more

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