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- Parsers VC - Weekly Funding / Startup / VC news of June 11, 2024
Parsers VC - Weekly Funding / Startup / VC news of June 11, 2024
Venture Capital News. Success Story Rows with Torben Schulz, Bootloader Studio with Bryan Pelz. Funding rounds, statistics Week of June 4 - June 10: United States (35 - $977M), India (7 - $881M), United Kingdom (9 - $147M), Germany (6 - $253M), Canada (4 - $20M), Switzerland (4 - $51M)
Most Popular Venture Capital News
1. Fibe Secures $90 Million in Series E Funding to Drive Expansion and Innovation (Cited in 10 tech media)
Fibe, a Mumbai-based consumer app catering to the mid-income group, has successfully raised $90 million in a Series E funding round led by prominent investors TR Capital, Trifecta Capital, and Amara Partners. This substantial investment is a testament to the company's growth potential and innovative approach to financial services in India.
2. Testsigma Secures $8.2M Funding Led by MassMutual Ventures (Cited in 7 tech media)
Testsigma, a low-code test automation platform powered by AI, recently secured $8.2 million in funding led by MassMutual Ventures, along with existing investors Accel, STRIVE, and BoldCap. Founded in 2019, Testsigma aims to revolutionize the way quality engineering teams automate tests without the need for coding expertise.
3. Storyblok's $80 Million Funding Boosts AI-Enhanced Content Management Revolution (Cited in 7 tech media)
In a groundbreaking move, Storyblok GmbH, a content management startup, has secured a whopping $80 million in Series C funding, spearheaded by Brighton Park Capital. This significant investment marks a pivotal moment for the company as it continues to redefine the landscape of content management systems (CMS). Storyblok's innovative approach, known as "headless" CMS, breaks free from traditional constraints by separating content management from storage and presentation, enabling dynamic and personalized content experiences across a multitude of platforms.
4. Xcimer Energy: A Bright Spark in the Fusion Industry (Cited in 6 tech media)
Xcimer Energy, a Denver-based inertial fusion company, recently secured $100 million in Series A funding. Led by Hedosophia, this funding round also saw participation from notable investors like Breakthrough Energy Ventures, Lowercarbon Capital, Prelude Ventures, Emerson Collective, Gigascale Capital, and Starlight Ventures. The company's ambitious goal is to demonstrate the viability of its high-energy laser approach by building a prototype system. CEO and CSO Conner Galloway expressed excitement about the support from industry-leading investors and partners, highlighting their mission to bring safe, reliable, zero-carbon, and economical energy to the world.
5. Cisco's Billion-Dollar Bet on AI: A Game-Changer in the Tech Industry (Cited in 6 tech media)
In a bold move that is set to shake up the tech industry, Cisco has launched a monumental $1 billion fund dedicated to investing in artificial intelligence startups. This strategic decision places Cisco at the forefront of the AI revolution, joining the ranks of other major technology companies that are actively seeking to capitalize on the potential of AI.
6. Neural Concept Revolutionizes Product Design with $27M Series B Funding (Cited in 6 tech media)
Neural Concept, a pioneer in Engineering Intelligence, secures a significant $27 million in Series B funding to propel its 3D Deep Learning platform to new heights. Manufacturers worldwide are grappling with escalating demands for performance, safety, and sustainability, coupled with the need to cut costs and accelerate innovation. Neural Concept steps in with AI-powered solutions that empower engineering teams to create superior products at a faster pace.
7. Nium's $50 Million Series E Funding Fuels Growth Ambitions in the Global Payments Market (Cited in 6 tech media)
Nium, a prominent player in the realm of real-time cross-border payments, recently secured a substantial $50 million in a Series E funding round. This funding, spearheaded by a sovereign wealth fund in Southeast Asia, has catapulted Nium's valuation to an impressive $1.4 billion post-money. The infusion of capital is poised to serve as a catalyst for Nium's ambitious growth plans, with a keen focus on expanding its footprint in the B2B payments sector.
8. Eko Health Secures $41 Million to Revolutionize Heart and Lung Detection (Cited in 5 tech media)
Eko Health, a trailblazer in the realm of AI-powered early detection of heart and lung diseases, has successfully closed a Series D financing round, raising an impressive $41 million. This significant funding round, spearheaded by ARTIS Ventures, Highland Capital Partners, NTTVC, and Questa Capital, marks a pivotal moment in Eko's journey towards expanding access to its groundbreaking platform not only in the United States but also on a global scale.
Last week's funding rounds
131 funding rounds, +35% from last week.
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Number of funding rounds in the last quarter - June 10, 2024 by Parsers VC
Total raised $4.088 billion, +25% since last week
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Total raised $, bln - June 10, 2024 by Parsers VC
Compare with the same week last year
Funding rounds +7% from last year
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Number of funding rounds compared to last year - June 10, 2024 by Parsers VC
Total raised -21% since last year
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Total raised compared to last year $, bln - June 10, 2024 by Parsers VC
Funding rounds in United States
AcuityMD Raises $45M Series B Round
Stacklet Raises $14.5M Series B Round
Twelve Labs Raises $50M Series A Round
Sword Health Raises $130M
Eko Raises $41M
HYPR Raises $30M
restor3d Raises $70M
SiTration Raises $11.8M Seed Round
Sixfold Raises $15M Series A Round from Salesforce
Understory Raises $15M Series A Round
Wevr Raises $3.5M
SciTech Raises $3.2M
Raydiant Oximetry, Inc. Raises $7.5M Series A Round
Vilya Raises $71M Series A Round
Avail Medsystems Raises $43M Series A Round
Field Materials Raises $3.5M
ashbyhq Raises $30M Series C Round
Spike API Raises $3.5M Seed Round
Workbox Company Raises $17.5M
LiveKit Raises $22M Series A Round
Vantage Discovery Raises $16M Series A Round
Mitiga Raises $8.69M Series A Round
Sware Raises $6M
SpyCloud Raises $35M
Prolific Machines Raises $55M
Torpago Raises $10M Series B Round
Fizz Raises $14.4M Seed Round
Whizz Raises $12M Series A Round
Cube Dev Raises $25M
Rising Team Raises $8M Series A Round
Doowii, Inc Raises $4.1M
Kraken Exchange Raises $100M Pre-IPO Round
indico Raises $19M
Lazzaro Medical Raises $2.4M Grant Round
Relay Raises $35M
Funding rounds in United Kingdom
Unibloom Raises $832.6K Pre-Seed Round
Aeropowder Raises $191.4K
WealthOS Raises $5.1M Seed Round
iCOMAT Raises $22.5M from 8VC
Sofant Technologies Raises $4.35M
Kelpi Raises $5.49M
DataForm Lab Raises $1.41M
Visibly Raises $7.51M from Creandum, Seedcamp
Amber Therapeutics Raises $100M Series A Round
Funding rounds in India
Shriram Finance Limited Raises $468M
Satin Creditcare Network Limited Raises $40M
Testsigma Raises $8.2M from MassMutual Ventures
Lenskart.com Raises $200M at $5B Valuation
Maruti Suzuki Driving School Raises $53.97M
ixigo Raises $21.08M Pre-IPO Round
Fibe Raises $90M Series E Round
Funding rounds in Germany
Plancraft Raises $13.03M Series A Round
Coboworx Raises $12.4M
JUPUS (by iurtech) Raises $1.42M
Isar Aerospace Raises $20M
Seqana Raises $2.29M Seed Round
ITM Isotope Technologies Munich SE Raises $204.57M
Funding rounds in Canada
Spare Raises $10M
Saguaro Raises $3M Seed Round
The Logic Raises $2.92M
Triple Hair Raises $4M
Funding rounds in Switzerland
Neural Concept Raises $27M Series B Round
microcaps Raises $10.41M Series A Round
Synthara AG Raises $11M
Kaspar& Raises $2.8M Seed Round
Success Story
Rows recently raised $8.7 million in funding. Success story to Torben Schulz in 10 out-of-the-box questions
Rows recently raised $8.7 million in funding. Success story to Torben Schulz in 10 out-of-the-box questions
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