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- Parsers VC - Weekly Funding / Startup / VC news of July 25, 2024
Parsers VC - Weekly Funding / Startup / VC news of July 25, 2024
Venture Capital News. Funding rounds, statistics Week of July 16 - July 22: United States (39 - $1.94B), India (5 - $59M), United Kingdom (9 - $443M), Germany (5 - $238M), Canada (4 - $67M)
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.
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Number of funding rounds in the last quarter - July 22, 2024 by Parsers VC
Total raised $7.6 billion, -20% since last week
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Total raised $, bln - July 22, 2024 by Parsers VC
Compare with the same week last year
Funding rounds +6% from last year
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Number of funding rounds compared to last year - July 22, 2024 by Parsers VC
Total raised +69% since last year
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Total raised compared to last year $, bln - July 22, 2024 by Parsers VC
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
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