Devo closes $100 Million in Funding
Devo, a Cambridge, Massachusetts-based Cybersecurity provider, announced that it closed a $100 million funding round at a $2 billion valuation. The investment was led by the Paris-based investment firm Eurazeo. All of Devo’s existing backers participated as well along with ISAI Cap Venture, a fund that makes startup investments on …
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PENNY AI Raises CAD 33.9 Million Series B
Penny AI, a Vancouver-based SaaS startup, raised a CAD 33.9 million ($27 million) all-equity Series B round led by Boston venture capital firm PSG. The financing, which Penny AI classifies as oversubscribed, also saw participation from Acronym Venture Capital and ScaleUP Ventures. the new investment will be used to accelerate …
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Transition Bio Closes $50 Million in Series A
Transition Bio, Inc., a Cambridge, MA- and Cambridge, UK-based provider of a microfluidics-driven drug discovery platform using biophysical sciences and artificial intelligence tools to map and modulate biomolecular condensates, raised $50 Million in Series A financing. The round was led by Northpond Ventures and joined by Taiho Ventures, Bristol Myers …
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RealWear Raises $23.5 Million in Series C
RealWear, a Vancouver, Washington-based the world's leading provider of assisted reality solutions for frontline industrial workers, announced that it closed its Series C for $23.5M. to turn successful industrial wearable into high growth assisted Intelligence platform business The round was led by Foundry Group with participation from Qualcomm Ventures, Kopin, …
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Constrafor Raises $100 Million+ in Funding
Constrafor, a New York-based provider of a SaaS construction procurement platform with embedded financing, raised $100M+ in Seed funding. The round was led by Fintech Collective with participation from Village Global, Clocktower Technology Ventures, Commerce Venture, Ramp, Uber, and Paxos. The company also received a credit facility from CoVenture. The …
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Novva Data Centers Raises $355 Million in Funding
Novva Data Center, a Salt Lake City, CA-based data center company, received up to $355 Million in Growth Equity funding, bringing the total equity commitment to $450 million in just over two years, and was led by CIM Group. The company intends to use the funds to expand across the …
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ZeroNorth Raises $50 Million in Series B
ZeroNorth, a Copenhagen, Denmark-based maritime technology company focused on accelerating the transition to greener global trade, raised over $50 million in Series B funding. The round was led by PSG Equity, with participation from A.P. Moller Holding and Cargill. The company intends to use the funds to accelerate growth over …
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