Parsers VC - Weekly Funding/Startup/VC news of May 7, 2024

Most Popular Venture Capital News. Hiring: Venture Partner - Legal. Events: How to Position Your Startup for Venture Capital Funding. Funding rounds, statistics Week of Apr. 30 - May 6: United States (53 - $4.7B), India (11 - $0.28B), United Kingdom (10 - $1.8B), Canada (4 - $604M), Estonia (3 - $282M), Switzerland (3 - $25M)

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1. CoreWeave's Skyrocketing Success (Cited in 7 tech media)

CoreWeave Inc., a cloud platform specializing in GPU workloads, has secured a massive $1.1 billion in funding, valuing the company at a staggering $19 billion. This Series C raise marks a significant milestone for the company, showcasing its rapid growth and potential in the market.

Real-world asset tokenization firm Securitize has successfully raised $47 million in funding, with BlackRock leading the investment charge. The company plans to use the funds to further enhance its innovative efforts in the digital asset securities ecosystem. Led by CEO Carlos Domingo, Securitize specializes in the compliant digitization of financial assets through blockchain technology.

The Philips Evnia 49M2C8900 has revolutionized the gaming monitor industry with its cutting-edge technology and immersive features. This 49-inch curved monitor combines QD OLED panel with quantum dot technology to deliver superior contrast, deeper blacks, and vivid colors. With a 32:9 aspect ratio and 5120x1440 dual QHD resolution, the monitor offers expansive, sharp visuals that envelop the user in an unparalleled gaming experience.

Vitestro, the autonomous blood drawing company, secures $22 million to accelerate commercialization of its innovative robotic device. The funding round, led by Sonder Capital and NYBC Ventures, aims to drive European expansion and U.S. market entry. Vitestro's blend of AI, imaging technology, and robotics enhances patient and clinician satisfaction by minimizing manual intervention.

Assert AI, India's leading Computer Vision SAAS company, has successfully closed its Series A funding round, raising a total of USD 4 million. The investment, led by key investors, highlights confidence in Assert AI's vision and capabilities. The company plans to use the funds to expand into Western markets, enhance research and development, and continue innovating in Computer Vision technology.

Danish-founded fintech Ageras has raised €82 million for new acquisitions in an oversubscribed private placement round, bringing their total funding to nearly €200 million. Ageras, originally an online marketplace connecting small businesses with accountants, has evolved into a comprehensive cloud-based software provider with a vision to simplify business administration.

Tether, the stablecoin giant, has made a bold move by investing $200 million in Blackrock Neurotech, a Salt Lake City-based brain-computer interface startup. This investment marks a significant milestone in the field of BCI technology, where human potential meets technological innovation.

Metso Corporation's recent disclosure under the EU Market Abuse Regulation sheds light on board members' transactions with the company's shares. Terhi Koipijärvi, Ian Pearce, Emanuela Speranza, and Arja Talma, all members of the board, received a Share-Based Incentive on April 26, 2024. The transactions, totaling 11,312 shares, were executed on the Nasdaq Helsinki Ltd. platform.

Last week's funding rounds

165 funding rounds, +32% from last week.

Number of funding rounds in the last quarter - May 6, 2024 by Parsers VC

Total raised $8.637 billion, -63% since last week

Total raised $, bln - May 6, 2024 by Parsers VC

Compare with the same week last year

Funding rounds +57% from last year

Number of funding rounds compared to last year - May 6, 2024 by Parsers VC

Total raised +327% since last year

Total raised compared to last year $, bln - May 6, 2024 by Parsers VC

Funding rounds in United States

  • Ageras Raises $87.91M 

  • Agilitas Energy Raises $100M 

  • AiDash Raises $58.5M Series C Round 

  • Altruist Raises $169M Series E Round 

  • Amae Health Raises $15M Series A Round 

  • Apptega Raises $15M 

  • Arbol Raises $60M 

  • beehiiv Raises $33M Series B Round 

  • Blackrock Neurotech Raises $200M 

  • Blaize Raises $106M 

  • Blend Raises $150M 

  • Carbonfact Raises $15M Series A Round 

  • Conterra Networks Raises $580M 

  • Corelight, Inc Raises $150M Series E Round 

  • CoreWeave Raises $1.1B Series C Round 

  • Danti Raises $5M Seed Round 

  • Edia Raises $9.4M 

  • Elisity Raises $37M Series B Round 

  • Enlaza Therapeutics Raises $100M Series A Round 

  • EnviroSpark Raises $50M 

  • Horses Healing Hearts Raises $61K 

  • log10.io Raises $7.2M Seed Round 

  • On.Energy Raises $25M 

  • Intermountain Raises $1.9M Grant Round 

  • Invent Analytics Raises $17M Series B Round 

  • Island Raises $175M 

  • Karius Raises $100M Series C Round 

  • miracles Raises $243K 

  • Monocle Raises $7.5M Seed Round 

  • Ollies Bargain Outlet Raises $791K 

  • Origis Energy Raises $136M 

  • Ory Corp Raises $5M Series A Round 

  • Peregrine Raises $30M Series B Round 

  • Piction Health Raises $6M 

  • Plover Parametrics Raises $5M 

  • PsiQuantum Raises $620M 

  • Qlaris Bio, Inc. Raises $24M Series B Round 

  • RevenueCat Raises $12M Series C Round 

  • SafeBase Raises $33M Series B Round 

  • Securitize Raises $47M from BlackRock 

  • Shinkei Raises $6M Seed Round 

  • SoBet Raises $3.7M 

  • strongDM Raises $34M Series C Round 

  • SURF BIO Raises $1.6M Grant Round 

  • Traceable AI Raises $30M 

  • Transcarent Raises $126M 

  • TriSalus Life Sciences Raises $50M from OrbiMed 

  • Turnkey Raises $15M Series A Round 

  • UNICORN AUCTIONS Raises $5.8M Seed Round 

  • Variantyx Raises $36M 

  • Whitman Controls Corporation Raises $4.5M from Advantage Capital (Saint Louis) 

  • Within3 Raises $100M 

  • YonedaLabs Raises $4M Seed Round 

Funding rounds in India

  • Assert AI Raises $4M Series A Round 

  • Aurobindo Pharma Raises $1.56M 

  • BankBazaar India Raises $15.59M Series D Round 

  • BharatPe Raises $14.38M Seed Round 

  • Clix Capital Raises $6M 

  • Kinara Capital Raises $24.4M 

  • MatchLog Solutions Pvt. Ltd. Raises $1.5M Seed Round 

  • PharmEasy Raises $216.2M 

  • Poshn Raises $4M from Zephyr Peacock 

  • SUN PHARMA Raises $133K 

  • Yes Bank Raises $769.2K 

Funding rounds in United Kingdom

  • Artis Trade Invest Raises $6M 

  • Aura Power Raises $12.54M 

  • Capify Raises $125M 

  • Infinitopes Raises $15.99M Seed Round 

  • Locate Bio Ltd Raises $11.51M 

  • Plaquetec Raises $8M 

  • SumUp Raises $1.606B from Goldman Sachs 

  • Swap Raises $9M Series A Round 

  • Urban Jungle Raises $14M 

  • Wyld Networks Raises $586.1K 

Funding rounds in Canada

  • BioIntelligence Technologies Inc. Raises $5M 

  • Ceartas DMCA – Protection For Everyone! Raises $4.27M 

  • Dundee Precious Metals Inc. Raises $588M 

  • Netskrt Systems Inc. Raises $7.28M Series A Round 

Funding rounds in Estonia

  • 10Lines Raises $1.61M 

  • Bolt Raises $235.49M 

  • Stargate Hydrogen Raises $44.96M Seed Round 

Funding rounds in Switzerland

  • Backed Raises $9.5M 

  • RetinAI Raises $6.18M Series A Round 

  • Wisdomise Raises $9.5M 

Follow new funding rounds every day on Twitter and Telegram

Hiring

  • United States (Remote)

  • Full time

Vectors Capital is a pioneering venture capital investment firm dedicated to decarbonization and sustainability. We invest in innovative startups and companies that are driving impactful change in climate-related industries, with a focus on accelerating the transition to a low-carbon economy. Our mission is to support and empower entrepreneurs who are developing cutting-edge technologies and solutions to combat climate change and promote sustainable development.

Role Overview:

We are seeking a driven and experienced legal professional to join us as a Part-Time Venture Partner. In this role, you will play a crucial part in our investment process by providing expert legal guidance and support. This includes conducting legal due diligence on potential investment opportunities, negotiating term sheets with startup founders, reviewing other lead investor term sheets or stock purchase agreements, and ensuring legal compliance throughout the investment lifecycle.

Events

  • Thursday, May 16 · 11:30 - 12:30 am EST

  • Online

This is an online event.

Participation is 100% online.

Participants can be located anywhere in the world!

This event is FREE to attend!

The login link will be sent via email to registrants right before the start of the event.

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During this webinar you will learn the basics of the venture model and path along with the necessary steps to take so that your company’s legal structure is an attractive investment. The discussion will cover:

  1. Why a Delaware C-Corp is the most-common structure

  2. How to document the relationship of the founders and early employees

  3. The typical funding stages of a successful startup

  4. An overview of convertible debt and SAFEs

  5. Why it’s critical to run pro forma cap tables before financings

  6. What happens in a venture financing

  7. Why compliance with securities laws is important

  8. Common legal mistakes in raising capital

and more!

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