Parsers VC - Weekly Funding / Startup / VC news of May 14, 2024

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Most Popular Venture Capital News

1. Wayve Revolutionizes Autonomous Driving with $1.05B Funding (Cited in 14 tech media)

Wayve, a U.K.-based startup, secures a massive $1.05 billion in Series C funding to propel its innovative self-learning autonomous driving technology. Led by SoftBank Group, this funding marks a significant milestone in the U.K.'s AI landscape and paves the way for a new era of intelligent mobility.

2. Atlan's Ascendancy in the Data Governance Realm: A $105 Million Series C Funding Triumph (Cited in 12 tech media)

Atlan, a burgeoning data and AI governance startup, has recently clinched a monumental achievement in the form of a $105 million Series C funding round. Spearheaded by GIC and Meritech Capital, this funding infusion signifies a pivotal moment in Atlan's journey towards establishing itself as a dominant force in the realm of data governance.

3. Lendingkart: Revolutionizing SME Financing (Cited in 12 tech media)

Lendingkart, the Ahmedabad-based online financing company, has been making waves in the SME lending space. With a recent $10 million funding round from Saama Capital, Mayfield, and others, Lendingkart is set to expand its operations and provide working capital loans to underserved MSMEs across India.

4. Superplum: Disrupting the Fresh Fruits Market (Cited in 6 tech media)

Superplum, an agritech startup, recently secured $15 million in funding to revolutionize the fresh fruits market in India. Led by Chairman Erik Ragatz, the company aims to transform produce supply chains and improve farmer incomes. Founded in 2019, Superplum utilizes cutting-edge technology and cold-chain infrastructure to enhance fruit quality and reduce food waste.

5. Meati Foods: A Fungi-Fueled Success Story (Cited in 5 tech media)

Meati Foods, a Colorado-based food tech startup, has recently secured a whopping $100 million in funding, marking the largest investment in an alternative protein company since 2022. This significant boost in funding comes as the company expands its reach to over 6,000 retail locations nationwide, including a recent rollout in 2,000 Kroger Family Stores.

6. Revolutionizing Cardiac Care: inHEART Secures $11M in Funding (Cited in 5 tech media)

inHEART, a medical device company, has secured $11 million in funding to propel the development and deployment of innovative cardiac solutions. The funding, led by Vesalius Biocapital IV and co-led by Elaia Partners, will support the expansion of inHEART's digital twin of the heart and the creation of new software solutions across the cardiac care continuum.

7. Hysata Revolutionizes Green Hydrogen Production with $111M Funding (Cited in 5 tech media)

Hysata, a Wollongong-based company, secures a game-changing investment to propel its high-efficiency electrolyser technology towards widespread commercial availability.
Hysata, a rising star in the green hydrogen sector, has just secured a massive $111 million in Series B funding. Led by bp Ventures and Templewater, this investment marks a significant milestone for the Australian company as it aims to revolutionize the production of green hydrogen.

8. Wiz Soars to New Heights with $1 Billion Funding Round (Cited in 5 tech media)

Wiz, the cloud security company, has secured a massive $1 billion in funding at a staggering $12 billion valuation. This funding round, led by top investors like Andreessen Horowitz and Lightspeed Venture Partners, propels Wiz to the forefront of the cybersecurity industry. With plans to expand through acquisitions and talent recruitment, Wiz is on a trajectory towards an eventual IPO.

Last week's funding rounds

119 funding rounds, -38% from last week.

Total raised $7.13 billion, -18% since last week

Compare with the same week last year

Weekly report last year

Funding rounds +30% from last year

Total raised +268% since last year

Funding rounds in United States

• Aardvark Therapeutics Raises $85M Series C Round 

• Acclinate Raises $7M Series A Round 

• AlphaLab Health Raises $10M Grant Round 

• Altera Raises $9M Seed Round 

• Backpack Healthcare Raises $14M Series A Round 

• Bleach Cyber Raises $2M Pre-Seed Round 

• ChangeEngine: Elevating Your Employee Experience Raises $10M Series A Round 

• Cheetah Raises $14M 

• Ciba Health Raises $10M Series A Round 

• Covertree Raises $13M 

• Daloopa Raises $18M Series B Round 

• Honeycomb Insurance Raises $36M Series B Round 

• Inkbit Raises $19M 

• iTeos Therapeutics Raises $120M 

• Legion Technologies Raises $50M 

• LENOSS Raises $4M Series A Round 

• Litmus Automation Raises $1.5M 

• meati foods Raises $100M 

• Metabolic Terrain Institute of Health Raises $500K Grant Round 

• Mycocycle Raises $3.6M 

• Nudge Security Raises $16.5M 

• Orbital Insight Raises $56.5M 

• PAXAFE Raises $9M Series A Round 

• Provable Markets Raises $8M Series A Round 

• RadAI Raises $50M 

• Rapid Liquid Print Raises $7M Series A Round 

• Run Pod Raises $20M Seed Round 

• Sift Healthcare Raises $20M Series B Round 

• Think Bioscience Raises $26M Seed Round 

• Triomics Creative Agency Raises $15M 

• Voyage Foods Raises $52M 

• Wiz Raises $1B at $12B Valuation 

• Xona Space Systems Raises $19M Series A Round 

• Zenas BioPharma Raises $200M Series C Round 

Funding rounds in India

• Adani Green Energy Limited Raises $400M 

• Atlan Raises $105M Series C Round 

• Bajaj Housing Finance Limited Raises $539.15M 

• BharatRohan Raises $2.3M Pre-IPO Round 

• Greencell Raises $35.92M 

• IDBI BANK Raises $355.6K 

• Lendingkart Raises $10.04M 

• Meesho Raises $275M 

• Myelin Foundry Raises $4M 

• NephroPlus Raises $102M from Quadria Capital 

• RELUX Electric Raises $29.93M 

• Superplum Raises $15M Series A Round 

Funding rounds in United Kingdom

• Definely Raises $7M Series A Round 

• Dendra Systems Raises $15.7M Series B Round 

• Eleos Raises $4.03M Seed Round 

• iwoca Raises $339.18M 

• Monzo Raises $187.4M 

• Tiney Raises $8.94M Series A Round 

• Wayve Raises $1.05B 

• You Smart Thing Raises $1.5M 

Funding rounds in Switzerland

• Alpian Raises $83.88M Series C Round 

• BioVersys AG Raises $13.57M Series C Round 

• Garrett – Advancing Motion Raises $500M 

• Memo Therapeutics AG Raises $22.07M 

• Testmate Health Raises $6M 

Funding rounds in Israel

• Fairgen Raises $8M Seed Round 

• ProFuse Technology Raises $2.58M Grant Round 

• XTEND Raises $40M Series B Round 

Funding rounds in Singapore

• Galaxis Raises $10M from Bybit 

• NSG BioLabs Raises $14.5M Series C Round 

• UXUY Raises $7M Series A Round 

More funding rounds in the article…

Hiring

Investment Analyst

• New York, NY, USA

• Full time

This is a full-time on-site role for an Investment Analyst at Lightscape Partners. The Investment Analyst will be responsible for various day-to-day tasks associated with investment management and finance. This includes assisting in investment research, financial analysis, communication with portfolio companies, and providing support to senior team members. This role will provide significant experience across the venture capital investment process, including deal sourcing, due diligence, competitive landscape mapping, and thesis building.

The Investment Analyst will represent the firm at AI and tech conferences, founder dinners and many other events involving tech-focused entrepreneurs.

Events

What is the investment criteria for venture capital? (Webinar)

• Thu, 5 Jun 2024 10:00 PM - 10:30 PM EST

• Online

This 30-minute webinar is presented by Darwin Innovation Hub to help you unravel how venture capital firms assess and recommend startups for investment.

And while there is a slightly different set of criteria for each fund, they all follow a similar thesis.

You will learn:

1. What the most common requirements are of a company to be invested in

2. What you can do to maximise your chances for investment

3. How to assess your business before you make your first pitch

4. What your pitch should include and what you should prepare for

At the end of this session you'll have a solid idea of what is required by businesses to achieve investment from venture capital in Australia.

This workshop is delivered by Director – Innovation & Investment Readiness, Dante St James, as part of Darwin Innovation Hub’s Start NT program.

StartNT is an in-house program designed, tested and run exclusively through the Darwin Innovation Hub. It provides a “life-cycle” commercialisation pathway for companies looking to scale and become “investment ready” in the Northern Territory.

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