Atom Bank, an eight-year-old neobank based in Durham, UK, raised a $36 million round. Investors included BBVA, Toscafund, and Infinity Investment Partners. PYMNTS has more here.
Deepgram, a seven-year-old San Francisco startup that focuses on building custom voice-recognition models for customers such as Spotify and NASA, raised a $47 million Series B extension round. Madrona was the deal lead; Alkeon and previous investors Tiger Global, Wing VC, Citi Ventures, SAP.io, and Nvidia also participated. The company has raised a total of $86.4 million. TechCrunch has more here.
Medical Informatics, a twelve-year-old Houston startup that provides hospitals with real-time waveform data from bedside devices, enabling remote monitoring "from hospital to home," raised a $17 million Series B round plus $10 million in debt. Catalio Capital Management and Intel Capital were the co-leads, with additional participation from Notley and TGH Innoventures as well as previous investors TMC, DCVC, and nCourage. The company has raised a total of $38.9 million. MobiHealthNews has more here.
Morse Micro, a six-year-old Sydney startup that is developing low-power WiFi modules for Internet of Things applications, raised a $19.9 million Series B round led by TelstraSuper, HESTA, Hostplus, NGS (managed by Blackbird Ventures), and UniSuper (managed by Uniseed). The company has raised a total of $147.8 million. More here.
Nyra Medical, a four-year-old Atlanta startup that is developing a transcatheter technology for the treatment of mitral regurgitation, raised a $20 million Series A round co-led by Vensana Capital and an undisclosed global medical device company, with Broadview Ventures, Epidarex Capital, and the Georgia Research Alliance Venture Fund also pitching in. The company has raised a total of $20.2 million. More here.
Pearpop, a two-year-old Los Angeles startup that allows creators and brands to buy collaborations with celebrities like Madonna and creators like Sommer Ray, raised an $18 million Series A round at a $300 million valuation. Investors included Sound Ventures, Seven Seven Six, Blockchange Ventures, Avalanche’s Blizzard Fund, and C2 Ventures. The company has raised a total of $34 million. TechCrunch has more here.
Saltbox, an Atlanta startup that operates a network of warehouses and fulfillment centers in major metropolitan areas for use by e-commerce entrepreneurs, raised a $35 million Series B round co-led by Cox Enterprises and Pendulum Holdings with participation from Playground Global, XYZ Capital, Fundrise, Kapor Capital, Wilshire Lane Capital, Colliers, Lincoln Property Company, Flexport, and Overline. TechCrunch has more here.
Torr FoodTech, a three-year-old Israeli startup that combines mechanical pressure and ultrasonic energy to press ingredients together in the production of snack bars and other food products, thereby eliminating the need for sugar binders and artificial ingredients, raised a $12 million Series A. Harel Insurance Investment & Financial Services was the deal lead, with Mondelez International, the Kitchen Hub, and Strauss Group also piling on. Calcalist has more here.
V7 Labs, a four-year-old, London-based startup whose tech automates notations and the other categorizing of data needed for AI training models, has raised $33 million co-led by Radical Ventures and Temasek. Earlier backers Air Street Capital, Amadeus Capital Partners and Partech also joined the round. TechCrunch has more here.
XanPool, a three-year-old Hong Kong startup that has built a fiat-to-crypto platform for exchanges, wallets, and other cryptocurrency businesses, raised a $41 million at a $400 million valuation. Target Global and Antler Elevate were the deal leads. The company has raised a total of $72.4 million. TechinAsia has more here.
Zylo, a six-year-old Indianapolis startup that helps companies manage their SaaS spend and risk, raised a $31.5 million Series C round led by Baird Capital, with additional capital provided by Spring Lake Equity Partners, Bessemer Venture Partners, Menlo Ventures, High Alpha, and Coupa Ventures. The company has raised a total of $66.7 million. More here.
|