Parsers VC - Weekly Funding / Startup / VC news of December 17, 2024

Venture Capital News. Funding rounds, statistics Week of December 10 - December 16: United States (54 - $4.55B), United Kingdom (6 - $883M), India (12 - $651M), Switzerland (7 - $254M), Israel (3 - $70M)

December 17, 2024

In partnership with

Long Angle: Where HNW Investors Access Institutional-Grade Alternative Investments

Long Angle is a private, vetted community that connects high-net-worth entrepreneurs and executives with institutional-grade alternative investments.

Leveraging collective expertise and scale, members access top-tier opportunities across private equity, private credit, search funds, litigation finance, energy, hedge funds, secondaries, and more.

Investing hundreds of millions of dollars each year, Long Angle negotiates preferential terms and exclusive allocations.

No membership fees.

The automotive landscape is shifting. The electric vehicle (EV) market is no longer a niche; it’s a battleground. Two giants are leading the charge: BYD and Tesla. Both companies are not just participants; they are pioneers, shaping the future of transportation.
BYD, China’s electric vehicle powerhouse, is on a meteoric rise. It’s not just about numbers; it’s about strategy. The company aims to outsell Ford and Honda in 2024, a feat that would solidify its position as a global leader. In the first eleven months of this year, BYD delivered 3.76 million vehicles. That’s a staggering figure. It’s a testament to their aggressive expansion and innovative spirit.

In the bustling tech landscape, RapidCanvas emerges as a beacon of innovation. This Austin-based startup recently secured $16 million in Series A funding, led by Peak XV Partners. The investment marks a significant milestone for a company that aims to redefine how businesses leverage artificial intelligence (AI) to overcome the pervasive talent shortage in the tech industry.
RapidCanvas is not just another player in the AI game. It’s a transformative force. The startup’s AI agents can automate up to 75% of complex tasks typically handled by data scientists and engineers. Imagine a world where machines take on the heavy lifting, allowing human talent to focus on strategic initiatives. This is the vision RapidCanvas is bringing to life.

Amazon is at it again. The retail giant has stepped into the automotive arena with its new service, Amazon Autos. It’s a bold move, aiming to revolutionize how we buy cars. But is it a game-changer or just another gimmick? Let’s dive into the details.
Imagine buying a car as easily as ordering a book. That’s the vision Amazon has for its customers. With Amazon Autos, shoppers in 48 major U.S. cities can browse and purchase new cars online. No more haggling with salespeople or spending hours at a dealership. Just click, pay, and drive away.

In a world grappling with climate change and food security, two startups are emerging as beacons of hope. Sustainiam, a climate tech company from India, and SAYeTECH, an agritech firm from Ghana, are not just riding the wave of innovation; they are steering it. Their recent achievements signal a shift towards a more sustainable future, where technology meets environmental responsibility.
Sustainiam has recently secured USD 1.45 million in a pre-series A funding round led by Orios Venture Partners. This funding is not just a financial boost; it’s a lifeline for a startup determined to revolutionize the carbon trading market. The global carbon market is a colossal beast, valued at over USD 700 billion, yet it still clings to outdated methods. Sustainiam aims to digitize this market, making it more accessible and efficient.

In the world of finance, borders are often seen as barriers. But for companies like Klasha and LianLian Global, these barriers are merely stepping stones. Their recent partnership is a testament to the evolving landscape of cross-border payments, especially between Asia and Africa. This collaboration is not just about transactions; it’s about transforming the way businesses operate across continents.
Klasha, a pioneer in cross-border payments, has joined forces with LianLian Global, a leading payment provider in Asia. This partnership aims to simplify and streamline payments between these two vibrant markets. It’s a bold move, one that opens the door for Asian businesses to tap into Africa’s burgeoning market. With Africa’s digital economy projected to soar past $712 billion by 2025, the timing couldn’t be better.

In a world where digital identities are as crucial as physical ones, Astrix Security has emerged as a beacon of hope. The company recently secured $45 million in Series B funding, led by Menlo Ventures. This significant investment is not just a financial boost; it represents a pivotal moment in the realm of identity security, particularly for non-human identities (NHIs).
Astrix Security, co-founded by cybersecurity veterans Alon Jackson and Idan Gour, aims to address a glaring vulnerability in enterprise security. NHIs, such as API keys and service accounts, are often overlooked yet are prime targets for cyberattacks. With the rise of artificial intelligence and automation, these identities are proliferating, creating a complex web of potential vulnerabilities.

Quantum computing is not just a buzzword; it’s a revolution. Imagine a world where complex problems are solved in the blink of an eye. This is the promise of quantum computing. Once a concept confined to the pages of science fiction, it is now a tangible reality, poised to reshape industries and redefine the limits of technology.
At its core, quantum computing harnesses the peculiar principles of quantum mechanics. Traditional computers use bits as the smallest unit of data, represented as either 0 or 1. Quantum computers, however, employ qubits. These qubits can exist in multiple states simultaneously, thanks to a phenomenon known as superposition. This allows quantum computers to process vast amounts of information at unprecedented speeds. It’s like having a library where every book is open at once, allowing you to find the information you need in an instant.

In the bustling world of biotechnology, Pleno has just made waves. The San Diego-based company secured $25 million in Series B funding, a significant leap forward in its mission to revolutionize diagnostics. This infusion of capital comes from notable investors like Deerfield Management, Foresite Capital, and Medical Excellence Capital. Their backing signals confidence in Pleno's vision and potential.
At the heart of Pleno's innovation is the RAPTORTM multi-omic instrument platform. This technology aims to simplify the complex landscape of biological target detection. Think of it as a Swiss Army knife for life sciences—versatile, efficient, and essential. The platform leverages HypercodingTM technology, which transforms intricate multi-omic analysis into a more accessible and affordable process. This is not just a minor upgrade; it’s a game-changer.

Last week's funding rounds

173 funding rounds, +26% from last week.

Number of funding rounds in the last quarter - December 16, 2024 by Parsers VC

Total raised $9.22 billion, +46% since last week

Total raised $, bln - December 16, 2024 by Parsers VC

Funding rounds in United States

  • Aampe Raises $18M 

  • Albert Invent Raises $22.5M Series A Round 

  • Alessa Therapeutics, Inc. Raises $15M Seed Round 

  • AMP Robotics Raises $91M Series D Round 

  • Archer Raises $430M 

  • Atlas Raises $27M Series B Round 

  • Ayar Labs Raises $155M Series D Round 

  • Bloom Energy Raises $125M 

  • Cala Health Raises $50M 

  • Capstan Medical Raises $110M Series C Round 

  • CoachCare Raises $11M from Catalyst Investors 

  • Cofactr Raises $17.2M Series A Round 

  • Concentro Raises $3M 

  • Current Raises $200M 

  • Cyder Raises $1.06M Pre-Seed Round 

  • Electrified Thermal Solutions Raises $19M 

  • Elin.ai Raises $1.06M Pre-Seed Round 

  • Evinced Raises $55M Series C Round 

  • EzDubs Raises $4.2M Seed Round 

  • Grant Cardone Raises $6M 

  • Great Hearts Academies Raises $1M 

  • Hyro Raises $50M 

  • Indiana University Raises $138M Grant Round 

  • Jiko Raises $29M Series C Round 

  • Kalmbach Feeds Inc. Raises $100K 

  • KIOXIA America, Inc. Raises $800M 

  • LambdaTest Raises $38M 

  • Legion Technologies Raises $50M from SVB Capital 

  • Magic Hour Raises $820K 

  • Mainframe Raises $5.5M 

  • Nanoramic Laboratories Raises $44M 

  • New College of Florida Raises $1M 

  • Next Level Aviation, LLC Raises $50M 

  • Orthogon Therapeutics Raises $5.2M 

  • PIN Raises $3M 

  • Pixxel Raises $24M Series B Round from Radical Ventures, Lightspeed Venture Partners, M&G Investments, Google 

  • Planet Financial Group Raises $475M 

  • Player Health Raises $60M Series C Round 

  • Pleno Inc. Raises $25M Series B Round 

  • prezent.ai Raises $7.3M from True Global Ventures 

  • Raptor Maps Raises $35M Series C Round 

  • Reveal Technology Raises $11.2M Series A Round 

  • SHEEHY Raises $350K 

  • Silent Push Inc. Raises $10M Series A Round 

  • Solar Landscape Raises $847M 

  • SpinSci Technologies LLC Raises $53M 

  • Stainless Raises $25M 

  • Sublime Security Raises $60M Series B Round 

  • Terradot Raises $58.2M 

  • Twelve Labs Raises $30M 

  • USA Pickleball Raises $3.6M 

  • Wavegate Corporation Raises $26M Series A Round 

  • Weave Grid Raises $28M 

  • Zest AI Raises $200M from Insight Partners 

Funding rounds in United Kingdom

  • Canary Wharf Group Raises $779.58M 

  • Carbogenics Raises $638.5K 

  • Partful Raises $6.36M Series A Round 

  • Sage Middle East Raises $35M Series B Round 

  • Sublime Security Raises $60M Series B Round 

  • Wordnerds Raises $2.04M 

Funding rounds in India

  • Haber Raises $44M Series C Round from Elevation Capital 

  • JK Tyre Raises $100M 

  • K12 Techno Services Pvt. Ltd. Raises $40M 

  • Legitquest Raises $660K from WaterBridge Ventures 

  • Mintifi Raises $180M from Prosus, Ontario Teachers' Pension Plan 

  • Mobikwik Raises $30.28M 

  • Shubham Housing Development Finance Company Raises $118M from Multiples Alternate Asset Management 

  • Snapmint Raises $18M 

  • SolarSquare Energy Raises $40M 

  • STAGE – OTT for Bharat Raises $10M Series B Round 

  • Titan Eye+ Raises $176.7K 

  • ZETWERK Raises $70M from Khosla Ventures 

Funding rounds in Switzerland

  • ANYbotics Raises $60M 

  • Brighty App Raises $10M 

  • embotech Raises $26.44M 

  • Haven1 Raises $4.6M 

  • Lyfegen Raises $5.63M from TX Ventures 

  • Noema Pharma Raises $147.41M Series B Round 

  • Relai Raises $12M

Funding rounds in Israel

  • Astrix Security Raises $45M Series B Round 

  • Gavan Raises $8M 

  • Stigg Raises $17.5M Series A Round 

Follow new funding rounds every day on Twitter and Telegram

Own a stake in Alaska’s oil reserves.

  • Estimated 300 million barrels of recoverable reserves

  • Royalty-based model reducing operational risks

  • Projected 25+ years of reliable, high-margin royalty income

We prepare personalized newsletters depending on the Locations and Categories of Venture news that interest you.

Select Locations and News Categories for funding rounds, startups and venture capital funds and we will send you the news that interests you most.

Which Locations' news are you more interested in?

Login or Subscribe to participate in polls.

Which Category news are you more interested in?

Login or Subscribe to participate in polls.

Reply

or to participate.