Let's have a look at the notable closed funding rounds as of 20.02.23
We are sure we did not cover many startups worth sharing, feel free to add more in the comment section below!
Biggest mentions:
Funding deployment in U.K.-based fintech in 2022 totaled $17B, down 60% from $22B in 2021, per KPMG's Pulse of Fintech report. The report cites rising inflation, high-interest rates, geopolitical challenges, a slump in the crypto market, and valuation cuts as contributing factors to the dampened funding of VC and PE deployment and M&A transactions.
Hedge fund D.E. Shaw received commitments worth $450M from investors toward its first standalone VC fund called D.E. Shaw Voltaic Fund. The fund intends to back post-seed and growth-stage startups over the next two years. D.E. Shaw will focus its investments in the enterprise, software security, AI, and consumer internet sectors. The fund closed below its initial target of $500M.
Tampa, Florida-based cloud security platform Deepwatch secured $180M in fresh equity and strategic funding. The incoming funds are intended to be used to accelerate product development and expand the partner ecosystem.
SignalFire, which cosed two $900M funds yesterday, had to overhaul its investment strategy in a bid to close the fund. The firm moved away from the fintech and crypto sectors and will focus the new investments on developer tools, AI, health tech, cybersecurity, and SaaS domains.
TradeDog Group's venture funding subsidiary TD VC announced a $100M fund to invest in web3 and blockchain companies. The fund was launched with a $10M commitment from the general partner. TD VC roped in TDeFi as a strategic partner on the fund.
Dreamscape has raised an $850M funding round to invest in residential, retail, hospitality, and gaming properties. Wells Fargo led this debt portion of the funding round.
MyFlexbox has raised an $80M funding round to expand its network of open-access smart lockers. The company aims to expand to 4,000 parcel stations by 2025.
Brigad has raised a $35M Series B funding round to connect freelance workers with healthcare and hospitality organizations. The company is headquartered in Paris, France.
Biotech
- Codagenix (New York), aims to create therapies for infectious diseases and cancer based on a viral genome: $25M B led by Serum Institute of India with participation from Euclidean Capital and Adjuvant Capital.
- Morphoceuticals (Massachusetts), uses artificial intelligence-powered electroceuticals to regenerate limbs, repair tissues, and regenerate organs: $8M Seed led by Prime Movers Lab and Juvenescence.
Media
- Superplastic (Vermont), a design studio that created the Janky and Guggimon synthetic celebrity characters: $20M Growth led by The Alexa Fund, with participation from Google Ventures, Sony Japan, Craft Ventures, Galaxy Digital, Kering, Scribble Ventures, Kakao, Animoca Brands, Day One Ventures, and Betawork.
- Newswhip, a 12-year-old Dublin company that tracks the spread of news stories and narratives across the web and social networks and uses its technology to predict which stories are likely to go viral, raised a $12.9 million round from AshGrove Capital. The company has raised a total of $24.6 million.
Energy
- BluWave-ai (Canada), a renewable energy and electric transportation company that optimizes costs in real-time: $9.5M A led by PowerON Energy Solutions, with participation from Capital Angels Network.
Transport
- Viva (U.K.), aims to lower the number of traffic-related injuries through sensors and data: $8.5M Growth led by EnBW New Ventures, Foresight Group, and Gresham House Ventures.
- inDrive, a mobility and urban services platform, announces that it has raised $150 million in an innovative hybrid instrument from General Catalyst to fund marketing spend, including user acquisition and retention costs.
- ChargerHelp, a three-year-old Los Angeles startup that is developing products and services needed to maintain and repair EV charging stations, raised a $17.5 million Series A round led by Blue Bear Capital, with Aligned Climate Capital, Exelon, and previous investors Energy Impact Partners and non sibi ventures also anteing up.
- Dance, a three-year-old Berlin startup that runs a subscription service for e-bikes and other types of "micro-EVs," raised a $12.8 million equity and debt round. Previous investors HV Capital, Eurazeo, and BlueYard were the deal leads.
- Viva, an eight-year-old startup that deploys sensors in order to monitor traffic for municipalities such as New York City, raised an $8.5 million round. Investors included EnBW New Ventures, Foresight Group, and Gresham House Ventures.
SaaS
- Hippo Video (Denver), a video platform that aims to help companies increase their sales: $8M Growth led by Dallas Venture Capital with participation from Alpha Wave Incubation, KAE Capital, and Exfinity Venture Partners.
Agtech
- Robigo (Massachusetts), manufactures products that protect crops from diseases: $7M Seed led by Congruent Ventures, with participation from Good Growth Capital and First Star Ventures.
Healthcare
- Nanite (Massachusetts), a non-viral gene delivery company developing a new class of programmable polymer nanoparticles: $6M Seed led by Zetta Venture Partners, with participation from Arkitekt Ventures.
