Parsers VC - Weekly Funding / Startup / VC news of May 21, 2024

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Most Popular Venture Capital News

1. Real Estate Market Trends in India (Cited in 13 tech media)

The real estate market in India is experiencing significant shifts and developments, with key players making strategic moves to capitalize on emerging opportunities. From luxury housing projects to major acquisitions, the sector is witnessing dynamic changes that reflect the evolving landscape of the industry.

2. CoreWeave's AI Cloud Expansion: A Billion-Dollar Race to Dominate the Future of Computing (Cited in 9 tech media)

In a groundbreaking move that solidifies its position as a key player in the AI hyperscaling arena, CoreWeave has secured a monumental $7.5 billion debt financing facility led by industry giants Blackstone and Magnetar. This historic financing not only reinforces CoreWeave's market dominance but also underscores the insatiable demand for specialized AI cloud infrastructure in today's rapidly evolving technological landscape.

3. Allozymes: Pioneering Enzyme Innovation to Transform Industries Worldwide (Cited in 7 tech media)

Allozymes, a dynamic biotechnology startup based in Singapore, recently announced a significant milestone with the successful closure of a $15 million Series A funding round. This substantial investment, led by esteemed investors Seventure Partners of France and Xora Innovation of Singapore, highlights the growing recognition of Allozymes' transformative potential in the realm of enzyme discovery and engineering.

4. Weka's $140M Series E Funding: A Game-Changer in AI Data Platforms (Cited in 6 tech media)

Weka, a Campbell, CA-based AI-native data platform company, has secured $140M in Series E funding, propelling its valuation to $1.6B. Led by Valor Equity Partners, this round marks a significant milestone for Weka as it aims to meet the surging global demand for AI-native data infrastructure. With key investors like NVIDIA and Generation Investment Management on board, Weka is poised for rapid expansion and innovation in the data platform software space.

5. Celcius Logistics: Pioneering the Future of Cold-Chain Solutions (Cited in 6 tech media)

In the bustling city of Mumbai, a startup by the name of Celcius Logistics is making waves in the cold-chain industry with its innovative solutions and recent funding success. Led by the esteemed IvyCap Ventures, the company recently secured a substantial investment of Rs 40 crore ($4.8 million) in a pre-Series B funding round, building upon a previous investment of Rs 100 crore ($12 million) in April 2023. The visionary behind this groundbreaking venture is none other than founder and CEO Swarup Bose, whose ambition knows no bounds.

6. Niqo Robotics: A Rising Star in Agritech Robotics (Cited in 6 tech media)

Niqo Robotics, formerly known as TartanSense, has been making waves in the agritech industry with its innovative approach to agricultural robotics. Recently, the company raised $9 million in funding from Brida Innovation Ventures, marking a significant milestone in its journey towards global expansion.

7. Propelld's Edgro Secures $25 Million in Debt Funding to Revolutionize Education Finance Expansion (Cited in 5 tech media)

Propelld, a pioneering education-focused lending platform, has recently made waves in the financial sector by successfully securing a substantial $25 million in debt funding for its NBFC subsidiary, Edgro. This significant funding milestone, achieved through the support of nine prominent lenders, marks a pivotal moment in Propelld's journey towards expanding and enhancing its offerings in the dynamic and ever-evolving education finance sector.

8. Voxel51's Visual AI Platform Receives a Boost with $30 Million in Funding (Cited in 5 tech media)

Voxel51, a prominent player in the field of visual AI technology, has recently announced a significant milestone with the successful raise of $30 million in new funding. This infusion of capital is set to propel the company's efforts in revolutionizing the way AI models interpret visual input, aiming to address the prevalent issue of model failure due to inadequate data interpretation. With a focus on refining AI models to enhance accuracy and robustness, Voxel51 is on a mission to empower developers to create production-ready AI solutions that can be seamlessly integrated into various applications.

Last week's funding rounds

130 funding rounds, +9% from last week.

Total raised $13.205 billion, +85% since last week

Compare with the same week last year

Weekly report last year

Funding rounds +1% from last year

Total raised +182% since last year

Funding rounds in United States

• AeroPay Raises $20M Series B Round 

• Alkira, Inc. Raises $100M Series C Round 

• Allied OMS Raises $116M 

• Artisan AI Raises $7.3M Seed Round 

• Boopos Raises $175M 

• Boulder Shelter for the Homeless: SHELTER Raises $50K Grant Round 

• Brixton Biosciences Raises $33M Series B Round 

• ByHeart Raises $95M 

• ChainML Raises $6.2M Seed Round 

• Chapter Raises $50M Series C Round 

• Chip City Raises $7.5M Series B Round 

• Codesphere Raises $18M 

• CoreWeave Raises $7.5B 

• Cover Genius Raises $80M Series E Round 

• ELEGEN Raises $35M Series B Round 

• Elevate K-12 Raises $25M 

• FinLocker Raises $17M Series B Round 

• Gamma Raises $12M Series A Round 

• Gorgias Raises $29M 

• Harness Raises $150M 

• Honey Homes Raises $9.25M Series A Round 

• weka.io Raises $140M Series E Round 

• KINO Raises $2.35M Pre-Seed Round 

• LanceDB (YC W22) Raises $11M 

• Little Sparrows Technologies Raises $3M Seed Round 

• Lumo Raises $7M 

• ManTech Raises $110M 

• Metabolon Raises $60M 

• Metropolis Technologies Raises $1.8B 

• Nabla Bio Raises $26M Series A Round 

• Orange Charger Raises $6.5M Seed Round 

• Phenomix Sciences Raises $7.8M 

• Polymarket Raises $70M 

• Princeton NuEnergy Raises $10.3M Series A Round 

• Restaurant365 Raises $175M 

• Sigma Computing Raises $200M Series D Round 

• Sikich LLP Raises $250M 

• SmarterDx Raises $50M Series B Round 

• Steno_Reporters Raises $46M 

• Switchboard Health Raises $6.5M Seed Round 

• Truveris Raises $15M Series E Round 

• Voxel51 Raises $30M Series B Round 

• Watershed Health Raises $13.6M 

Funding rounds in United Kingdom

• AimHi Earth Raises $1.26M 

• All Things Butter Raises $2.76M Seed Round 

• Ember Raises $6.35M 

• Fintech Farm Raises $32M 

• Homemove Raises $1.4M 

• Native Teams Raises $6.72M 

• Peachies Raises $1.77M from Antler Innovation 

• PolyAI Raises $50M Series C Round 

• Studiospace Raises $1.2M from Fuel Ventures 

• ULEMCo Ltd Raises $6.34M 

Funding rounds in India

• Battery Smart Raises $45M 

• Celcius Logistics Solutions Pvt Ltd Raises $4.8M Series A Round 

• IIT Madras Raises $61.46M 

• Infurnia Raises $1.2M 

• Migsun Raises $59.89M 

• Nayara Energy Raises $479.1K 

• Niqo Robotics (formerly TartanSense) Raises $13M Series B Round 

• Rupeek Gold Loans Raises $6.11M 

Funding rounds in Sweden

• ArgusEye Raises $3.03M 

• Grasp Raises $2.06M 

• Leya Raises $10.5M Seed Round 

• NuLink Raises $11.3M 

Funding rounds in Germany

• Caeli Raises $11.96M Series A Round 

• cylib Raises $59.59M Series A Round 

• hexafarms Raises $1.4M Pre-Seed Round 

• trawa Raises $10.84M from Balderton Capital, Speedinvest 

Funding rounds in Canada

• Capital Power Raises $329.33M 

• Recall.ai Raises $10M 

• Nfinite Nanotech Raises $6.5M Seed Round 

More funding rounds in the article…

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