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[Funding News] Cardurion Pharmaceuticals Raises $260 Million Series B Funding

Cardurion Pharmaceuticals, Inc. (“Cardurion”), a clinical-stage biotechnology company developing next-generation therapeutics for the treatment of cardiovascular diseases, today announced it has raised a $260 million Series B financing led by Ascenta Capital, with participation by new investors NEA, GV, Fidelity Management & Research Company, Millennium Management, Farallon Capital Management, Invus, Blue Owl Healthcare Opportunities, Delos Capital and Digitalis Ventures, as well as existing investors Bain Capital Life Sciences and Bain Capital Private Equity.

[Funding News] Scorpion Therapeutics Raises $150 Million Series C Funding

Scorpion Therapeutics, Inc. (“Scorpion”), a pioneering clinical-stage oncology company dedicated to transforming the lives of cancer patients by redefining the frontier of precision oncology, today announced the closing of a $150 million Series C financing.

[Funding news] CA-based Vectara Secures $25 Million in Series A Round Funding

Vectara, the trusted Generative AI product platform, secures $25 million in series A round funding led by FPV Ventures and Race Capital. Additional investors...

[Funding News] TruckSmarter Secures $50 Million Debt Financing to Continue Empowering Drivers Across the Trucking Industry

TruckSmarter, a digital platform designed to assist owner-operators and trucking companies in optimizing their operations, today announced the close of a $50 million debt facility, with the option to scale to $100 million, led by CoVenture. The funding will allow TruckSmarter to continue to scale its suite of financial services to further empower truck drivers to build, manage, and grow their businesses.

Funding Wrap of the Week | American Startups Funding Roundup | July 8 – July 12

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...

[Funding News] X-Bow Raises More Than $70 Million Series B Funding

X-Bow Systems, the non-traditional producer of advanced manufactured solid rocket motors (SRMs) and hypersonics technologies, has raised Series B financing, raising over $70 million. This private capital will accelerate the rapid growth of its hypersonic-capable vehicles, strategic and tactical scale solid rocket motor programs, and completion of its Luling, TX gigafactory campus.

[Funding News] CA-based Armada Raises $40M in Strategic Funding

Armada, an edge computing pioneer redefining the future of connectivity, compute and AI has raised $40 million funding round led by M12 (Microsoft's Venture Fund), raising its total to over $100 million. This funding comes as all Armada products are now available in the Microsoft Azure Marketplace, with Azure customers able to use pre-committed Azure spend on Armada products.

[Funding News] Mantle Secures $20 Million Series C Funding

Mantle, the leader in metal 3D printing technology for precision tooling, today announced it has reached a significant milestone by securing $20 million in Series C funding. This achievement, raising the company’s total funding to more than $61.5 million, marks a crucial step towards widespread adoption of its precision metal manufacturing technology.

[Funding News] Accend Raises $3.2M to Reinvent Fintech Operations and Compliance Workflows

Accend has raised $3.2M in seed funding. The round was led by Adverb Ventures with participation from Y Combinator, General Catalyst, 645 Ventures, and angels from Brex, Stripe, and Carta. Accend has landed marquee customers in US and Europe including Slope, Pleo, Rho, Pliant and more.

[Funding News] NYC-based Captions Raises $60M in Series C Funding

AI-powered creative studio, Captions has raised $60 million in Series C funding, led by Index Ventures, with participation from our existing investors Kleiner Perkins, Sequoia Capital, and Andreessen Horowitz.
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