Parsers VC - Weekly Funding / Startup / VC news of July 25, 2024

Most Popular Venture Capital News

1. Embracing a Green Future: The Renewable Energy Revolution in India (Cited in 8 tech media)

In the vast landscape of India, a revolution is quietly unfolding - a revolution powered by renewable energy. Companies like Waaree Renewable Technologies, NLC India, and L&T are at the forefront of this movement, making significant strides in the renewable energy sector. Their efforts underscore India's commitment to clean energy and sustainable growth, marking a pivotal shift towards a greener future.
Waaree Renewable Technologies' successful securing of a Rs 900 million solar power project highlights the company's dedication to advancing India's solar energy infrastructure.

2. The Ongoing Battle for Net Neutrality: Telecom Industry Strikes Back Against Consumer Protections (Cited in 6 tech media)

In a recent development, the Sixth Circuit Court of Appeals has issued a temporary hold on the implementation of popular net neutrality rules, marking a potential victory for the telecom industry in their efforts to dismantle crucial consumer protections. This ruling comes in the wake of the Chevron decision, which has opened the floodgates for a legal assault on the Federal Communications Commission's (FCC) authority to enforce net neutrality regulations.

3. Tekion's $200M Investment Marks a Turning Point in the Automotive Retail Industry (Cited in 6 tech media)

In a significant move that has captured the attention of industry insiders and investors alike, Tekion, a cloud-native platform provider catering to the automotive retail ecosystem, recently announced a substantial $200 million investment from Dragoneer Investment Group. This infusion of growth capital is poised to propel Tekion to new heights, enabling the company to expand its operations and further enhance its development efforts.

4. Corvi LED Illuminates the Future with $8 Million Funding Boost (Cited in 6 tech media)

In a groundbreaking move, Corvi LED Light, a renowned lighting product design company based in Mumbai, has successfully secured a substantial $8 million in Series B funding, with Enam Investments leading the charge. This infusion of capital marks a pivotal moment for Corvi LED as it sets its sights on expanding operations and making significant investments in marketing and distribution to solidify its market presence in both the B2C and B2B sectors.

5. Huma's $80M Funding Propels Digital Health Innovation to New Heights (Cited in 6 tech media)

Huma Therapeutics Limited, a leading global healthcare AI company, has recently closed its Series D funding round, securing an impressive sum of over $80 million. This significant financial boost will serve as the catalyst for the launch of the revolutionary Huma Cloud Platform, a cutting-edge GenAI-powered ecosystem that promises to transform the landscape of digital health solutions.

6. Nearfield Instruments: Leading the Charge in Semiconductor Innovation with €135 Million Funding (Cited in 5 tech media)

Nearfield Instruments, a prominent player in the semiconductor manufacturing industry, recently announced the successful closure of a landmark €135 million Series-C funding round. This significant achievement underscores the company's commitment to advancing state-of-the-art Metrology & Inspection (M&I) solutions for the semiconductor sector. The oversubscribed funding round, led by esteemed investors Walden Catalyst and Temasek, along with co-investor M&G Investments, showcases the industry's confidence in Nearfield's innovative approach to addressing the growing complexities in advanced semiconductor manufacturing.

7. CultureAI Secures $10 Million in Series A Funding to Revolutionize Cybersecurity Landscape (Cited in 5 tech media)

In a significant development for the cybersecurity industry, CultureAI, a pioneering human risk management platform, has successfully raised $10 million in Series A funding. The funding round, jointly led by Mercia Ventures and Smedvig Ventures, marks a crucial milestone for CultureAI as it embarks on a mission to redefine the way organizations approach cyber risk management.

8. Vectara Revolutionizes Generative AI with Mockingbird LLM (Cited in 5 tech media)

Vectara, a leader in generative AI technology, secures $25 million in Series A funding to advance the trustworthiness of Retrieval Augmented Generation with the introduction of Mockingbird, a new large language model tailored for high-accuracy tasks in regulated industries.

Last week's funding rounds

128 funding rounds, +42% from last week.

Total raised $7.6 billion, -20% since last week

Compare with the same week last year

Weekly report last year

Funding rounds +6% from last year

Total raised +69% since last year

Funding rounds in United States

• Cart.com Raises $130M from BlackRock 

• EarthShot Labs Raises $5.5M Series A Round 

• Tekion Raises $200M 

• Athletic Brewing Holdings, LLC Raises $50M 

• Thyme Care Raises $95M Series C Round 

• Freshpaint Raises $30.7M Series B Round 

• Seven Starling Raises $10.9M 

• OmniCard Raises $3M 

• Alvys Raises $20.5M Series A Round 

• Pindrop Raises $100M 

• Vectara Raises $25M Series A Round 

• CTERA Raises $80M 

• aiXplain, inc. Raises $6.5M Seed Round 

• Kandji Raises $100M 

• Essentialist Raises $10M Series A Round 

• Jacobi Robotics Raises $5M Seed Round 

• Truvian Health Raises $74M 

• d.light Raises $176M 

• Thoughtful AI Raises $20M 

• Chainalysis Raises $16.5M 

• OnRamp Raises $14.2M 

• GRO Biosciences Raises $60M Series B Round from Atlas Venture 

• PteroDynamics Inc. Raises $1.9M 

• Lumen Technologies Raises $1.09M from SeedBlink 

• Soluna Raises $13.75M 

• DataCore Software Raises $60M 

• After Raises $10M Series A Round 

• Making Space Raises $2M Pre-Seed Round 

• LevelTen Energy Raises $65M Series D Round 

• Shaped Raises $8M Series A Round 

• Slope Raises $65M 

• Cardurion Pharmaceuticals Raises $260M Series B Round 

• escala Raises $12M 

• Monetary Metals Raises $5M 

• Coast Raises $40M Series B Round 

• Rhizome Raises $1M 

• Kins Physical Therapy Raises $7M Series A Round 

• itselectric Raises $6.5M Seed Round 

• Scorpion Therapeutics Raises $150M Series C Round 

Funding rounds in United Kingdom

• Huma Raises $80M 

• bioniq Raises $15M Series B Round 

• Naked Energy Raises $22.06M Series B Round 

• Xapien Raises $10.41M Series A Round 

• CultureAI Raises $10M Series A Round 

• wamo Raises $5M 

• Serco Raises $238M 

• GrowUp Farms Raises $49.43M 

• dopay Raises $13.5M Series A Round 

Funding rounds in India

• Auxilo Finserve Private Limited Raises $33.4M 

• Corvi LED Light Raises $8M Series B Round 

• byteXL Raises $5.9M from Kalaari Capital 

• Waaree Group Raises $10.75M 

• Multipl Raises $1.5M from Blume Ventures 

Funding rounds in Germany

• doinstruct Raises $8.29M 

• //SAIZ Raises $2.72M Seed Round 

• Grover Raises $54.49M 

• Catalym Raises $150M Series D Round 

• Sdui Raises $22.88M 

Funding rounds in Canada

• Planned Raises $35M Series B Round 

• POET Technologies Raises $10M 

• ACEL POWER Raises $10M Series A Round 

• PulseMedica Raises $12M 

Funding rounds in Switzerland

• Asceneuron SA Raises $100M Series C Round 

• BTRY Raises $166.7K 

• SamanTree Medical Raises $14M Series B Round 

More funding rounds in the article…

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