Parsers VC - Weekly Funding / Startup / VC news of October 1, 2024

Venture Capital News. Funding rounds, statistics Week of September 24 - September 30: United States (35 - $1.5B), India (9 - $614M), United Kingdom (11 - $226M), Canada (7 - $119M), Germany (7 - $148M), France (6 - $297M), Italy (3 - $85M)

October 01, 2024

In partnership with

Whiskey Investing: Consistent Returns with Vinovest

It’s no secret that investors love strong returns.

That’s why 250,000 people use Vinovest to invest in fine whiskey.

Whiskey has consistently matured and delivered noteworthy exits. With the most recent exit at 30.7%, Vinovest’s track record supports whiskey’s value growth across categories such as Bourbon, Scotch, and Irish whiskey.

With Vinovest’s strategic approach to sourcing and market analysis, you get access to optimal acquisition costs and profitable exits.

In the fast-paced world of blockchain technology, innovation is the lifeblood. The Celestia Foundation has just injected a fresh wave of energy into this ecosystem by securing $100 million in funding. This substantial investment, led by Bain Capital Crypto, signals a robust vote of confidence in Celestia's vision for modular blockchain networks. With this latest round, the total funding for Celestia has reached an impressive $155 million.
Celestia is not just another player in the blockchain arena. It is pioneering a modular blockchain architecture designed to tackle the scalability challenges that have plagued traditional networks. The essence of Celestia's approach lies in its separation of layers. By decoupling the consensus and data layers from the execution layer, Celestia allows developers to craft their own transaction rules. This flexibility is akin to giving a chef the freedom to create a unique recipe rather than following a rigid menu.

In the world of artificial intelligence, large language models (LLMs) are the titans of the digital age. They are the engines driving innovation, creativity, and automation. Yet, as their power grows, so do the threats surrounding them. The encryption of these models is no longer a mere technical consideration; it has become a matter of survival in a landscape riddled with legal battles, intellectual property theft, and cyber warfare.
Imagine a fortress. Its walls are high, its gates are fortified. But what happens when the enemy finds a way to breach those walls? This is the dilemma facing companies like OpenAI, NVIDIA, and Microsoft. They are locked in a race not just to innovate but to protect their intellectual property from a barrage of attacks. The stakes are high, and the methods of attack are evolving.

In the fast-paced world of cybersecurity, Torq has just made a significant move. The New York City-based company has raised $70 million in Series C funding. This infusion of capital brings its total funding to a striking $192 million. The stakes are high, and Torq is ready to play.
Led by Evolution Equity Partners, the funding round also saw participation from notable players like Bessemer Venture Partners, Notable Capital, Greenfield Partners, and Strait Capital. With this financial backing, Torq aims to expand its reach across Europe, the Middle East, and the Asia-Pacific region. The company is not just looking to grow; it’s gearing up to enhance its generative AI capabilities.

In a world where tech giants battle for dominance, Huawei is making a bold move. The company plans to abandon Windows for its own operating system, HarmonyOS. This shift is not just a business decision; it’s a declaration of independence. The head of Huawei’s consumer business, Yu Chengdong, has announced that the company will stop producing PCs with Windows. Instead, it will embrace HarmonyOS, a system designed to be faster and more secure.
HarmonyOS is not just another player in the crowded OS market. It boasts a new kernel that stands apart from Linux. This independence could be its secret weapon. However, the success of HarmonyOS hinges on one crucial factor: software support. Without a robust ecosystem of applications, even the best operating system can falter. Game developers, in particular, hold the key. If they embrace HarmonyOS, it could flourish. If not, it may struggle to gain traction.

In the digital age, artificial intelligence (AI) is a double-edged sword. It empowers innovation but also fuels new threats. The emergence of deepfakes and AI-generated malware is reshaping the cybersecurity landscape. Businesses and individuals alike must adapt or risk being swept away by this rising tide.
Deepfakes are not just a buzzword; they are a reality that poses significant risks. A recent survey revealed that 80% of executives see deepfakes as a threat to their organizations. Yet, only 29% have taken action to counter this menace. This disconnect is alarming. As AI technology evolves, so do the tactics of cybercriminals. They are using AI to create sophisticated impersonations, undermining trust and security.

In the bustling world of biotechnology, Helaina stands out like a lighthouse in a storm. This New York-based startup has just raised $45 million in a Series B funding round, a significant boost that brings its total equity funding to $83 million. The money will fuel the launch of effera, the first human lactoferrin product on the market. This bioactive protein, derived from precision fermentation, is poised to disrupt the nutrition landscape, targeting women’s health, active nutrition, and healthy aging.
Helaina’s journey began in 2019, and since then, it has carved a niche in the competitive realm of functional foods. The company’s innovative approach leverages precision fermentation, a method that genetically engineers microbes to produce specific proteins. In this case, Helaina is producing human lactoferrin, a protein traditionally sourced from cow’s milk. The shift from bovine to human lactoferrin is not just a matter of preference; it’s about efficacy and tolerability.

In the world of wellness, gut health is the new gold standard. As we step into 2024, the spotlight shines brightly on a groundbreaking supplement: Viscera-3®. This product, featuring time-released sodium butyrate in the form of tributyrin, promises to revolutionize how we think about digestive health. It’s not just a trend; it’s a necessity.
The gut health market is booming. It’s projected to soar from $55.7 billion in 2023 to $68.17 billion by 2030. This surge is fueled by a growing awareness of the gut's role in overall well-being. Consumers are no longer satisfied with mere fiber; they want results. Viscera-3® stands out as a beacon of hope in this crowded landscape.

In the world of software development, efficiency is king. Developers crave tools that streamline processes and enhance productivity. Enter Docker, a game-changer in application development and deployment. Docker is like a magic box that holds everything an application needs to run. It packages applications into containers, ensuring they work seamlessly across different environments.
Imagine a world where you can run your application without worrying about the underlying infrastructure. That’s Docker. It isolates applications in containers, using the host operating system. Unlike traditional virtual machines, containers share the host OS, making them lightweight and fast. This is the essence of Docker: simplicity and speed.

Last week's funding rounds

155 funding rounds, -2% from last week.

Number of funding rounds in the last quarter - September 30, 2024 by Parsers VC

Total raised $3 billion, -45% since last week

Total raised $, bln - September 30, 2024 by Parsers VC

Funding rounds in United States

  • arqu Raises $10M Series A Round 

  • NCPDPFoundation.org Raises $149.1K Grant Round 

  • Atlys Raises $20M Series B Round 

  • Torq Raises $70M Series C Round 

  • Whatfix Raises $125M 

  • ujet.cx Raises $76M Series D Round 

  • Helaina Raises $45M Series B Round 

  • Tamnoon Raises $12M 

  • EGYM | North America Raises $200M 

  • VerImmune Raises $4.5M Seed Round 

  • Crisp Data Platform for the Food Industry Raises $72M Series B Round 

  • Centivo Raises $75M 

  • Dandelion Geothermal Raises $40M Series C Round 

  • Pyka Raises $40M Series B Round 

  • orb.com Raises $25M Series B Round 

  • mbue Raises $1.8M Pre-Seed Round 

  • David Energy Raises $23M 

  • GC Therapeutics Raises $65M Series A Round 

  • Route 92 Medical Raises $50M Series F Round 

  • HighFive Raises $250K Seed Round 

  • Prepared Raises $27M Series B Round 

  • Zing Health Raises $140M 

  • Mendaera Raises $73M Series B Round 

  • 858 Therapeutics Raises $50M Series B Round 

  • OxeFit Raises $17.5M 

  • AmpUp Raises $15M Series A Round 

  • Gladly Raises $40M 

  • Cytix Raises $2.14M Seed Round 

  • iSpecimen Raises $1M 

  • Observe, Inc. Raises $145M Series B Round 

  • Wrapbook Raises $20M at $750M Valuation 

  • C2N Diagnostics Raises $7.03M 

  • TAB Bank Raises $4.5M 

  • Zenlytic Raises $9M 

  • Welltory Raises $3M 

Funding rounds in United Kingdom

  • Invizius Raises $1.27M 

  • valtech_ Raises $173.1K 

  • Corryn Biotechnologies Raises $200.3K 

  • Notpla Raises $26.7M Series A Round 

  • Constructive Bio Raises $58M Series A Round 

  • Mews Raises $100M 

  • Integrum ESG Raises $4.53M 

  • GPDQ Raises $1.6M from IW Capital 

  • LiveFlow Raises $13.5M Series A Round 

  • CapitalRise Raises $10.97M 

  • Simpler. Raises $10.04M 

Funding rounds in India

  • M2P Fintech Raises $100M 

  • Nazara Raises $108M 

  • HomeLane Raises $26.93M 

  • Inox Wind Infrastructure Services Limited Raises $263.32M 

  • Qure.ai Raises $65M 

  • AdOnMo Raises $25M 

  • Hosteller Raises $3.83M Series A Round 

  • Kapiva Raises $10M 

  • SATYA MicroCapital Limited Raises $11.97M 

Funding rounds in Canada

  • Scribenote Raises $8.2M Seed Round 

  • Ayrton Energy Raises $6.8M Seed Round 

  • Orpyx Raises $20M 

  • Venus Concept Raises $15M 

  • Cyclic Materials Raises $53M Series B Round 

  • Nulogy Raises $15M 

  • Bloks Raises $1.5M Seed Round 

Funding rounds in Germany

  • Enginsight GmbH Raises $6.67M 

  • family.cards Raises $1.33M Seed Round 

  • Distribusion Raises $80M 

  • BIOVOX GmbH Raises $2.44M 

  • Polymarket Raises $50M 

  • syte Raises $5.56M Seed Round 

  • senvo Raises $2.78M 

Funding rounds in France

  • Kestra Raises $8M Seed Round 

  • InSpek Raises $6.67M 

  • Dotfile Raises $6.67M 

  • Alan Raises $193.08M Series F Round 

  • VELA Raises $43M 

  • MicroPEP Technologies Raises $40M Series B Round 

Funding rounds in Italy

  • Jet HR Raises $13.39M Seed Round 

  • Genespire Raises $51.77M Series B Round 

  • hlpy Raises $20M Series B Round 

Follow new funding rounds every day on Twitter and Telegram

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.