PENNY AI Raises CAD 33.9 Million Series B

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 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 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 Raises $100M+ 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 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 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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Laminar Secures $30 million extended in Series A

Laminar Secures $30 million extended in Series A

Laminar, a Tel Aviv and New York-based public cloud data security provider, announced that it raised an additional $30 million, nearly doubling its funding to $67 million in less than six months on the back of significant demand for its solutions. The additional funding, with participation from Tiger Global Management …

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