There are a lot of American startups funding deals that are creating buzz around the startup ecosystem. These are the growth-stage and early-stage deals of this week. Let’s talk about the Top 10 Funding deals.
American Startups Funding Roundup
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Aviceda Therapeutics
Aviceda Therapeutics, a private, clinical-stage biotech company announced the closing of a $207.5 million Series C financing. Proceeds will support the ongoing Phase 2b/3 and planned pivotal Phase 3 clinical trial for AVD-104 in geographic atrophy (GA), a vision-threatening condition secondary to advanced age-related macular degeneration, and the expansion into other ophthalmic indications.
Tenvie Therapeutics
Tenvie Therapeutics launched with a commitment to transform the treatment of neurological diseases. The company combines a deep and diverse portfolio of small molecule assets, including programs acquired from Denali Therapeutics Inc., with a proven team of research and development leaders.
Inari
Inari, the SEEDesign™ company, announced the completion of a $144 million fundraise fueled by the performance of its first-generation products and progress toward commercialization.
Geneoscopy
Geneoscopy, Inc., a life sciences company focused on developing diagnostic tests for the advancement of gastrointestinal health, announced the closing of a Series C funding round raising $105 million.
Francis Medical
Francis Medical, Inc., a privately-held medical device company developing an innovative and proprietary water vapor ablation therapy for the treatment of prostate, kidney, and bladder cancer, announced the completion of the company’s oversubscribed $80 million Series C equity financing, the largest fundraising round to date for the company.
Matic
Matic Insurance Services Inc. (“Matic”), a leading insurtech platform, has secured $30 million from Vistara Growth, a provider of flexible growth capital to software and technology enabled services companies.
Twentyeight Health
Twentyeight Health, the leading digital-first women’s healthcare platform delivering convenient, affordable, and stigma-free reproductive and sexual care in 43 states, announces $10 million in Series A funding led by Seae Ventures, with participation from Impact America Fund, The Social Entrepreneurs’ Fund, RH Capital, Impact Engine, Gratitude Railroad, and Townhall Ventures.
Grove
Grove announce $4.9 million seed round to revolutionize participant relationships in clinical trials. With the support of industry investors, led by A* with participation from Afore Capital, LifeX Ventures, Pear VC, Upfront Ventures, and industry-leading angels including Ajit Baid (former Head of Global Asset at UCB), Chloe Yoo (Director at ICON, former CFO at HumanFirst), Phuc Truong (former Co-Founder of CRIO), and Till Pieper (former Google Cloud AI lead).
Stellar
Stellar, a leader in AI-driven business solutions, has raised $2.7 million in a seed funding round. The new capital will be used to expand the company’s sales and marketing capabilities and expand its data engineering team, enabling Stellar to further its mission of helping businesses integrate generative AI (genAI), Large Language Models (LLMs), and machine learning (ML) across their operations.
Deep Vector
Deep Vector, an AI platform for analyzing underwriting documents, secured its seed round of $1.5M, co-led by Aperture Venture Capital and InsurTech NY.
