Parsers VC - Weekly Funding/Startup/VC news of March 20, 2024

Most Popular Venture Capital News

1. Battery Tech Startup Lohum Making Waves with $54 Million Series B Funding (Cited in 10 tech media)

Lohum, a battery tech startup, has secured a whopping $54 million in a Series B funding round, signaling its ambition to dominate the market. The funding, led by Singularity Growth and other venture firms, will fuel the company's expansion plans and scale up its recycling operations across India and beyond.

2. Jumbotail's Rise to the Top (Cited in 7 tech media)

Jumbotail, the B2B marketplace and retail platform for food and grocery, has secured a hefty $18.2 million in a Series C3 round led by Artal Asia Pte. Ltd. and supported by other key investors. This funding will fuel Jumbotail's mission to revolutionize the way new and emerging brands connect with consumers through its nationwide network of kirana stores.

3. Lily AI Secures $20M Series B-1 Funding for Global Expansion (Cited in 7 tech media)

Lily AI, a California-based retail technology platform, has successfully closed a $20 million Series B-1 funding round led by Conductive Ventures. This latest round brings the company's total funding to $62 million, with new investors like Counterpart Ventures, Cendana Capital, and Transform Capital joining in, alongside existing supporters Canaan, Sorenson Capital, and NEA.

4. HiLabs Revolutionizes Healthcare Data Management with $39M Series B Funding (Cited in 7 tech media)

HiLabs, a US-based company using AI to clean dirty healthcare data, secured $39 million in Series B funding led by Eight Roads Ventures and Denali Growth Partners. The funding will be used to enhance technology, hire talent, and expand product teams.

5. Nanonets Revolutionizes AI Workflow Automation with $29M Funding (Cited in 6 tech media)

San Francisco-based tech startup Nanonets has secured $29 million in Series B funding, bringing its total funding to $42 million. Led by Accel, the round also saw participation from existing investors Elevation Capital and YCombinator.

6. OpenAI's Board Drama: A Tale of Leadership and Trust (Cited in 6 tech media)

OpenAI, the San Francisco-based artificial intelligence company, has been embroiled in a leadership crisis that has captured global attention. CEO Sam Altman, who was abruptly fired and rehired, has now been reinstated to the board of directors with "full confidence" in his leadership. The company has also added three new female members to the board in an effort to move past internal conflicts.

7. AI Revolutionizes Dermatology Funding in India (Cited in 6 tech media)

CureSkin, a pioneering dermatology platform, secures a whopping $20 million in Series B funding led by HealthQuad. This injection of capital will fuel their mission to democratize quality skincare in India using cutting-edge AI technology.

8. Perfios: A Fintech Unicorn Rising (Cited in 6 tech media)

Perfios, a fintech-focused software startup, has secured a whopping $80 million from Teachers’ Venture Growth (TVG), propelling it into the elite unicorn club. This funding marks a significant milestone for the Bengaluru-based company, as it gears up for international expansion and strategic acquisitions.

158 funding rounds in United States, United Kingdom, Germany etc.

Funding rounds in United States

• Access denied Raises $14.5M 

• Alithea Genomics SA Raises $3.18M Seed Round from Novalis Biotech 

• Apogee Therapeutics Raises $483M 

• Applied Intuition Raises $250M Series E Round at $6B Valuation 

• Axion Ray Raises $17.5M Series A Round 

• BigID Raises $60M  Cache Raises $8.5M Seed Round 

• Cafe Reconcile Raises $4M 

• CarbonCapture Inc. Raises $80M Series A Round 

• Carlsmed, Inc. Raises $52.5M Series C Round 

• CodaMetrix Raises $40M Series B Round 

• Cognition Therapeutics Raises $11.5M 

• CU Boulder Alerts Raises $950K from University of Colorado Deming Center Venture Fund 

• DraftWise Raises $20M Series A Round 

• Empathy Raises $47M Series B Round 

• FERMÄT Raises $17M Series A Round 

• FlexPoint Raises $35M 

• Fluent Metal Inc. Raises $3.2M 

• Goodshuffle Raises $5M Series A Round 

• HiLabs Raises $39M Series B Round 

• Hippocratic AI Raises $53M 

• Homeless Pets Raises $20K Grant Round 

• inDrive Raises $150M 

• LactaLogics Raises $92M 

• LEXEO Therapeutics Raises $95M 

• Lily AI Raises $20M Series B Round 

• Liquid Death Raises $1.4B 

• Locus Agricultural Solutions Raises $30M 

• LOHUM Raises $54M Series B Round 

• Luminary Cloud Raises $115M 

• Nanonets Raises $29M Series B Round 

• Nest Health Raises $4M 

• Nozomi Networks Raises $100M 

• Ocient Raises $49.4M 

• One Source Communications Raises $100M 

• Orgenesis Inc. Raises $5.47M Grant Round 

• Polar Signals Raises $10.8M 

• Prescient Raises $10M Series A Round 

• Proscia Raises $46M Series C Round 

• Quaise Energy Raises $21M 

• Quintessent Raises $11.5M Seed Round 

• Quthero Raises $500K 

• Sealed Raises $30M 

• ShopMy Raises $18.5M 

• Siolta Therapeutics Raises $12M Series C Round 

• SquareDash Raises $20M 

• Tavus Raises $18M Series A Round 

• Telegram Raises $330M 

• Tierra Biosciences Raises $11.4M Series A Round 

Funding rounds in United Kingdom

• Anaphite Raises $2.05M 

• Cellexcel Raises $320.2K 

• Flagstone Raises $138.87M from Estancia Capital Management 

• Mission Therapeutics Raises $32.25M 

• Mission Zero Raises $27.75M 

• Packfleet Raises $10.24M Series A Round from Creandum 

• PPRO Raises $92.9M 

• Relation Therapeutics Raises $35M Seed Round from DCVC 

• SAPI Raises $9.6M 

• Superlinked Raises $9.5M Seed Round from Index Ventures 

• Thinksono Raises $2.67M 

More funding rounds in the article…

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