Timescale raised $110M in a Series C round, led by Tiger Global. Benchmark, New Enterprise Associates, Redpoint Ventures, Icon Ventures, and Two Sigma Ventures also participated. More: - Timescale is the creator of TimescaleDB, a relational database for time-series, used to build data-driven products and measure software applications, industrial equipment, financial markets, blockchain activity, consumer behavior, machine learning models, climate change, and more.
- The funds will be used to increase investments in product, engineering, and R&D
- Clients include IBM, Microsoft, Pfizer, Samsung, Schneider Electric, Walmart, etc.
- The company is now valued at over $1B.
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Hasura raised a $100M Series C funding led by Greenoaks. Nexus Venture Partners, Lightspeed Venture Partners, and Vertex Ventures also participated in the round. More: - Hasura provides the GraphQL Engine, which makes it easier to compose a GraphQL API from existing APIs and databases.
- It has been downloaded more than 400 million times and has earned more than 25,000 GitHub stars since its introduction in 2018.
- The funds will be used to accelerate R&D and reach new emerging markets.
- Hasura's valuation stands at $1B after this latest raise.
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TargED raised €39M($44M) in a Series A financing led by Andera Partners, Fund+, Hadean Ventures, Inkef Capital, and Sunstone Life Science Ventures. FIRST, Curie Capital and Utrecht Health Seed Fund also participated. More: - TargED is a biotech company that develops first-in-class biological drugs to improve the treatment of thrombosis.
- The objective is to accelerate thrombolysis in all forms of thrombosis, irrespective of the thrombus composition.
- The company intends to use the raised funds to accelerate the development of its lead compound, Microlyse.
- TargED is based in Utrecht, The Netherlands.
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Funnel raised $36M in a Series B round led by RET Ventures. Camden Property Trust, Morgan Properties, Wilshire Lane Capital, Trinity Ventures, Camber Creek, MAA, Essex, and Cortland also participated in the funding. More: - Funnel Leasing provides leasing and communication tools that revolve around the renter. The software aims to improve workstream operations across portfolios by centralizing operations and optimizing marketing budgets and operational costs by staffing intelligently.
- Funnel Leasing’s current products include:
- Engage, a robust lead management solution and CRM with automation for mundane tasks and omnichannel communications to manage the entire renter journey;
- Amplify, a natural language virtual leasing agent that works across SMS, email, and chat;
- Convert, a suite of online leasing tools, including instant income verification through the industry’s only FinTech integration;
- Signal, a syndication tool for major third-party ILSes with unique integrations to ensure listings are correct and richer data is captured through inquiries.
- The company is based in Tampa, Florida.
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Leko Labs raised $21M in its Series A funding round led by 2150. Participants in the round include the Microsoft Climate Innovation Fund, Tencent, AMAVI, Rise PropTech Fund, Extantia, and Freigeist. - Leko Labs provides a software platform that calculates and optimizes thermal, acoustic, and static properties of buildings, resolving moisture and noise problems typically associated with wooden structures.
- The company intends to use the funds to scale its advanced software and robotics construction solution throughout Europe, including Germany, the Nordics, and the U.K.
- The technology can be used for buildings up to 100 meters tall.
- Leko Labs is based in Luxembourg.
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Quick Hits: - This startup has upended commercial real estate investing by taking buildings public via IPO.*
- Fama, a Los Angeles, CA-based social media screening company, raised $10M in Series B funding.
- Chillcat, a Singapore-based Create2Earn pixel art metaverse provider, raised $1.85M in Seed funding.
- Zoomo, a New York-based electric last-mile delivery vehicles provider, raised $20M to add to its Series B round to push the round's total to $80B.
- SeMI Technologies, an Amsterdam-based provider of open-source Weaviate vector-search database, raised $16M in Series A funding.
- Loop TV provides fully licensed TV content for businesses. Ditch cable and satellite. Switch to Loop TV for free. Sign up today.*
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| | Arbër is an Inside writer who also has experience in entrepreneurship. He has experience covering Consumer Tech, Venture Capital, NFTs, Crypto, etc. Arbër holds a Bachelor's degree in Business from XAMK University in Finland. When he is not reading(and writing) business news, he chooses to watch sports or anime...and then read news about sports or anime. | | | Editor | Aaron Crutchfield is based in the high desert of California. Over the last two decades, he has spent time writing and editing at various local newspapers and defense contractors in California. When he's not working, he can often be found looking at the latest memes with his kids or working on his 1962 Ford. | |
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