Bessemer Venture Partners has raised $4.6B combined through its two funds: BVP XII and BVP Forge fund. The latter is an inaugural fund for the company and closed $780M. More: - Bessemer focuses on early and growth-stage startups.
- BVG Forge will be deployed to invest in software and tech businesses.
- On the other hand, BVP XII will be deployed in the enterprise, deep tech, fintech, consumer, and healthcare sectors.
- The firm currently manages over $20B and has offices in Silicon Valley, San Francisco, New York, Boston, London, Tel Aviv, Beijing, and Bangalore.
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True Food Kitchen has raised more than $100M in a growth round. HumanCo and Manna Tree led the round. More: - Centerbridge Partners also participated in the round. In addition, True Food Kitchen is backed by Oprah Winfrey and Howard Schultz as angel investors.
- The company was founded in Phoenix, Arizona, in 2008.
- True Food Kitchen runs over 42 restaurants that differentiate themselves by offering healthy foods that experts in the field recommend.
- The brand has locations in Arizona, California, Colorado, Florida, Georgia, Illinois, Louisiana, Maryland, Missouri, Nevada, New Jersey, New York, Ohio, Pennsylvania, Tennessee, Texas, and Virginia.
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Arize AI raised a $38M Series B. The startup is based in California. More: - TCV led the round with participation from Battery Ventures, Foundation Capital, and Swift Ventures.
- The company offers a platform that enables its clients to use AI for troubleshooting, data analytics, performance management, and data quality checks.
- This platform is used by companies such as Uber, Spotify, eBay, Instacart, Chime, Neustar, Nextdoor, New York Life, Stitch Fix, etc.
- Arize aims to use the funds to expand its operations and business reach.
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In a growth round, Community Labs has raised $30M. The company develops software that accelerates the adoption of the Arweave protocol. More: - This funding round was led by Lightspeed Venture Partners with participation from industry leaders Arweave, Bain Capital Crypto, Blockchain Capital, Distributed Global, and Road Capital Management.
- Community Labs aims to use this funding to expand its development team.
- Arweave is a Web3-based decentralized protocol that enables its users to offer storage space and store data for a one-time fee.
- The startup, based in New York City, was founded by 19-year-old entrepreneur Tate Berenbaum.
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Today's funding 💵 Fintech - Aurora Payments (Arizona), enables restaurants to access payment technology, with a focus on small and mid-sized businesses: undisclosed acquisition of OnePayment.
- Chargezoom (California), aims to provide financial payment tech for businesses by making it easy for them to integrate it with the apps they use the most: $10M A led by Panoramic Ventures with participation from SaaS Venture Capital, Stout Street Capital, and Okapi Venture Capital.
Biotech/Food tech - Onego Bio (Finland), produces egg whites through fermentation: $4.5M growth led by Business Finland.
- Bachan's (California), a brand with a portfolio of Japanese Barbeque sauces: $13M A led by Sonoma Brands Capital with participation from Prelude Growth Partners and New Fare Partners.
Health tech - InsideTracker (Massachusets), offers health recommendations based on machine learning, demographic analysis, DNA tracking, and key other health factors: $15M growth led by PeakBridge with participation from Cornucopian Capital, OurCrowd, BASF, and Venture Capital GmbH.
- Millie (California), an innovative clinic that guides patients from the time they test positive for pregnancy up to one year after postpartum: $4M Seed led by TMV Ventures & BBG Ventures with participation from Venn Growth Partners, Looking Glass Capital, Learn Capital, and Hustle Fund.
Hardware - Flair (California), produces smart vents, thermostats, and software to improve room temperature control: $7.6M A co-led by Active Impact Investments and Lowercarbon Capital.
Climate tech
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Quick Hits: - Origin Investments’ IncomePlus Fund has seen its 27th consecutive month of positive returns, generating 18.7% over the past 12 months.*
- Bitmama, a blockchain payments company focused on the African continent, raised $2M pre-Seed led by Unicorn Growth Capital and Launch Africa, with participation from Adaverse, Flori Ventures, Tekedia Capital, GreenHouse Capital, ODBA, Five35 Ventures, Chrysalis Capital, Enrich Africa, Thrive Africa, and Angellist Ventures.
- Jobbatical, a startup that helps employees relocate to different countries, closed an $11.6M growth round led by Nordic VC.
- Stack, a California-based company that aims to help teach Gen-Z how to invest in crypto, has raised $2.7M.
- NYC-based Cybersecurity company Session Guardian has raised a $3M Seed led by Phase 2 Investments. Robin Hood Ventures and Ben Franklin Technology Partners also participated in the round.
*This is sponsored content.
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Upcoming events at Inside: - September 09 - AMA with Jay Ryan (U.S. Federal Government Program Manager at Security Compass) (Register Here)
- September 14 - What Do Developers Think of Threat Modeling? (feat. security experts from Security Compass, Dell, and Tricentis) (Register Here) *
- September 14 - AMA with Brian Dean (Founder of Backlinko) (Register Here)
- September 21 - AMA with Kristen Ruby (Founder of Ruby Media Group) (Register Here)
- September 28 - AMA with Leigh-Ann Buchanan (Founder of aīre ventures) (Register Here)
- October 05 - AMA with Ram Bartov (Chief Accounting Officer at TripActions)* (Register Here)
- October 12 - AMA with Bill Glenn (Executive Chairman at Crenshaw Associates) (Register Here)
- October 19 - AMA with Zecca Lehn (Responsibly VC) (Register Here)
- October 25 - Meet Our Fund 4, an Inside.com Summit (Register Here)
*This is a sponsored listing.
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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 | Vibha Chapparike is a Freelance Writer & Editor at Inside.com. With her post-graduation in Management and Finance completed, Vibha is expanding her knowledge in Venture Capital, Business, and Startups. Previously, she had a career in Public Relations and Communications with Women in Cloud - an organization on a mission to create $1B in economic access for female technology entrepreneurs. An ardent reader and writer currently residing in Singapore, you can follow Vibha on Twitter @VChapparike. | |
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