Abcuro, Inc., a clinical-stage biotechnology company developing therapies for the treatment of autoimmune diseases and cancer through precise modulation of cytotoxic T cells, announced the closing of a $200 million Series C financing led by New Enterprise Associates (NEA) with Foresite Capital joining the round and participation of existing investors including RA Capital Management, Bain Capital Life Sciences, Redmile Group, Samsara BioCapital, Sanofi Ventures, Pontifax, Mass General Brigham Ventures, New Leaf Ventures, funds managed by abrdn Inc., funds and accounts managed by BlackRock, Eurofarma Ventures, and Soleus Capital.
SGNL, a fast-growing identity-first security startup has just secured $30 million in a Series A funding round to accelerate its mission of redefining how businesses protect their most critical assets.
ACT-ion Battery Technologies, a startup in the field of lithium ion battery cathode active materials (CAM), announced the successful closing of its Pre-Series A funding round. Founded in 2019, ACT-ion has developed both an efficient and cost-effective means to produce single crystalline cathode active materials.
TrueFoundry has raised $19 million in Series A funding, led by Intel Capital, with participation from existing investors Peak XV(formerly Sequoia India) and Eniac Ventures.
Semgrep, a leading Application Security platform, announced $100Mn in Series D funding led by Menlo Ventures. With added participation from existing investors including Felicis Ventures, Harpoon Ventures, Lightspeed Venture Partners, Redpoint Ventures, and Sequoia Capital, this round brings the company's total funding to $204M to date.
Hidden Level, a leader in passive radar and radio frequency sensing technology for detecting and precisely locating drones and other threats around you, announced $65 million in Series C funding led by DFJ Growth with participation from Booz Allen Ventures, Revolution Growth, Costanoa Ventures, Washington Harbour Partners, Veteran Ventures, Founders Circle Capital, and others.
Sound Blade Medical, Inc., a medical device company developing handheld ultrasound-guided histotripsy technology, announced the closing of an oversubscribed US $16.5 million Series A funding round. Amzak Health and Lumira Ventures co-led the round, with participation from Invest Nova Scotia. Funds will be used to accelerate the development and clinical validation of its pioneering technology designed to bring the benefits of precision ultrasound therapy to a wide range of patient conditions.
Rad AI, one of the fastest growing healthcare AI companies and the first to successfully commercialize a generative AI product in healthcare, announced a $60M Series C financing round, valuing the company at $525M.
Paxton, a cutting-edge AI platform revolutionizing legal workflows, has closed a $22M Series A funding round led by Unusual Ventures, alongside Kyber Knight, 25Madison, and Wisconsin Valley Ventures. This brings Paxton’s total funding to $28M, following its $6M seed round in 2023.
D3 Global, the DomainFi infrastructure leader, announced the closing of a $25M Series A funding round led by Paradigm. The round was also joined by notable investors including Coinbase Ventures, Sandeep Nailwal, co-founder of Polygon Labs, Dharmesh Shah, the founder of HubSpot, and Richard Kirkendall, CEO of Namecheap, highlighting support from Web2 and Web3 leaders for DomainFi, a decentralized finance layer to accelerate the growth of domains as a $340B+ real-world asset class.
