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Funding Alert

Quartix, a fintech company based in North Carolina, secures an additional $15M. Leading the round, which increased the total to $50M, was SR Alternative Credit. The funds will be utilised by the business to meet demand for its solutions, particularly in times of supply chain delays and cash flow difficulties.

[Funding alert] NC-based Fintech Firm Quartix Secures $15M Additional Funding

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Canada-based ThoughtExchange secures $13.5M in equity funding from InBC Investment Corp. along with existing investors Information Venture Partners, Yaletown Partners, Voyager Capital, HarbourVest and First Generation Capital.

[Funding alert] Canada-based ThoughtExchange Secures $13.5M in Equity Funding

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Darkhive, a Texas-based defence technology startup, secures $4 million in its seed round. Crosslink Capital led the round, with participation from MVP Ventures, Capital Factory, and longtime backer Stellar Ventures.

[Funding alert] TX-based Defense Tech Startup Darkhive Secures $4M in Seed...

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CA-based DuploCloud Secures $32M in Series B Round Funding. Leading the round, which raised the total to $49.5M, were StepStone Group, WestBridge Capital, and Mayfield, a previous investor.

[Funding alert] CA-based DuploCloud Secures $32M in Series B Round Funding

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Boulder-based Valid8 Financial secures $8.5M in series A round funding to propel forensic accounting into the digital era. This new funding allows us to invest in research and development and go-to-market strategy to build a more robust product that solves the challenges of investigating and analyzing complex financial matters and white-collar crime.

[Funding alert] Boulder-based Valid8 Financial Secures $8.5M in Series A Round...

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Retrocausal, based in Washington, secures $5.3 million. With participation from current investors Argon Ventures, Differential Ventures, Ascend Vietnam Ventures, Incubate Fund US, SaaS Ventures, Hypertherm Ventures, Stage Venture Partners, and Techstars, the round was headed by Glasswing Ventures, One Way Ventures, and Indicator Ventures.

[Funding alert] WA-based Retrocausal Secures $5.3M in Funding

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Cambridge-based Malta Secures an Undisclosed Amount in Funding. Along with current shareholders Breakthrough Energy Ventures, Proman, Chevron Technology Ventures, and Piva Capital, Siemens Energy Ventures and Alfa Laval participated in the round.

[Funding alert] Cambridge-based Malta Secures an Undisclosed Amount in Funding

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Boston-based Seacoast Capital Closes fifth fund at $280M. In concert with the transaction, Doug Alexander stepped down as Focus’ CEO, but plans to continue his strategic relationship with the Company as a member of its Board of Managers. Focus’ prior CFO Chris Caprio was simultaneously promoted to CEO of the Company.

[Funding alert] Boston-based Seacoast Capital Closes fifth fund at $280M

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MA-based Spear Bio secures Tens of millions of US dollars in seed funding. The oversubscribed round was led by CDH Investments, with additional investments from earlier investors such as Maverick Ventures and YongHua Capital.

[Funding alert] MA-based Spear Bio Secures Tens of Millions of US...

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Washington-based SparkMeter secures $5M in funding from Honeywell Smart Energy.With the funding, the company wants to move forward from the local microgrid industry into the more broad worldwide utility market.

[Funding alert] Washington-based SparkMeter Secures $5M in Funding

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