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[Funding News] CO-based Travertine Raises $8.5M in Funding

Travertine Technologies, raised $8.5 million financing to commercialize a novel electrochemical platform that enables carbon-negative production of fertilizer and critical elements like lithium and nickel while eliminating chemical waste. The financing was co-led by Holcim MAQER Ventures, with participation from the Grantham Foundation for the Protection of the Environment and venture capital firms Clean Energy Ventures and Bidra Innovation Ventures.

Cobalt Acquires Digi Security Systems

Cobalt Service Partners announced its acquisition of Digi Security Systems, a leading commercial security integrator. Digi marks Cobalt’s seventh acquisition since launching in December 2023.

[Funding News] CA-based TwoStep Therapeutics Raises $6.5M in Seed Funding

TwoStep Therapeutics, a biotechnology company developing new targeted therapeutics for solid tumors has secured $6.5 million seed funding led by NFX, with participation from other investors including 2048 Ventures, Alexandria Venture Investments, Cooley’s affiliated fund GC&H Investments, and the family office of the founder of Arcadia Investment Partners. funding will be used to advance TwoStep’s therapeutic pipeline of solid tumor-targeting therapies, with an initial focus on targeted cytotoxic drug delivery and immunotherapy.

[Funding News] Cloudian Secures $23M Growth Financing from Morgan Stanley Expansion Capital

Cloudian, the leader in secure S3-compatible AI data lake platforms, announced today that it has closed $23 million in growth financing from Morgan Stanley Expansion Capital. Cloudian will use the proceeds to drive product innovation and sales and marketing initiatives to meet the rapidly growing demand for the firm’s AI data lake software.

[Funding News] Elsewhere Partners Secures Oversubscribed $285 Mn Fund III

Elsewhere Partners announced the closing of Elsewhere Partners III, L.P. (EP Fund III), with $285 million in additional capital focused on majority investments in growth-ready B2B software companies. Because of Elsewhere Partners’ distinct investment model and strong performance, an Ivy League Endowment and several returning and new prominent institutional investors backed EP Fund III.

[Funding News] JF Fitness of North America Raises Funding From Trive Capital

Trive Capital, the Dallas-based private equity firm, and 808 Capital Partners are excited to announce their investment into JF Fitness of North America, a leading Crunch Fitness franchisee serving the Mid-Atlantic and Southeastern U.S. Headquartered in Richmond, VA, and founded in 2014 by CEO John Freeland, JF Fitness operates 16 gyms across Virginia, Maryland and the Carolinas. In connection with Trive and 808’s investment, JF Fitness acquired Team Roldan, a rapidly growing Crunch franchisee operating 8 gyms across Alabama, Georgia and South Carolina.

MA-based knownwell Acquires Alfie Health

knownwell, an in-person and virtual, weight-inclusive primary care and metabolic health company, has acquired Alfie Health, an online precision medical and obesity management program that uses AI to generate evidence-based recommendations for weight management.

SoundHound AI Acquires Ordering Platform Allset

SoundHound AI, a global leader in voice artificial intelligence, today announced the acquisition of key assets from Allset, an online ordering platform that connects restaurants and local customers. As part of the acquisition, Allset’s team will be joining SoundHound, further strengthening the company’s capabilities and commitment to innovation.

[Funding News] CA-based unitQ Raises Funding from Zendesk Ventures

leading AI-powered customer feedback platform, unitQ has raised investment from Zendesk's global venture fund,Zendesk Ventures.Zendesk started the customer experience revolution in 2007 by enabling any business around the world to take their customer service online.

[Funding News] CA-based Aikido Technologies Raises $4M Seed Financing

Aikido Technologies, a floating wind startup has raised over-subscribed $4 million Series Seed funding round led by Azolla Ventures with participation from Propeller Ventures, Sabanci Climate Ventures, Cisco Foundation, Anthropocene Ventures, and others.
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