Rivus Pharmaceuticals has raised a $132M Series B funding round. The company is based in Charlottesville, Virginia. More: - The round was led by RA Capital Management with participation from Bain Capital Life Sciences, BB Biotech AG, Longitude Capital, Medicxi, and RxCapital.
- The company has developed HU6, a Controlled Metabolic Accelerator that aims to treat cardio-metabolic disease caused by obesity, heart failure, type 2 diabetes, and nonalcoholic fatty liver disease.
- Rivus officials stated that its solution can treat obesity by sparing muscle mass from severe atrophy, making it a better alternative for patients.
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Paris-based startup Prophesee has raised a $50M Series C. The company claims it is now the EU's most funded semiconductor startup. More: - The round was led by Prosperity7 ventures with participation from Sinovation Ventures, Xiaomi, Intel Capital, Robert Bosch Venture Capital, 360 Capital, iBionext, and the European Investment Bank.
- Prophesee produces semiconductors that use neuromorphic techniques to mimic the way that the human brain and eye work.
- This product is used in industrial automation, IoT, and consumer electronics. Prophesee claims that its AI software can lower the latency in data processing and that through its partnership with Sony, it is able to offer industry-leading vision sensors.
- The startup, founded in 2014, has raised $127M so far.
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Theorycraft Games has raised a $50M Series B funding round. The funding was led by Makers Fund. More: - Other participants in the round include NEA and a16z.
- Theorycraft Games was founded in 2020 by a team of developers and executives who have worked at different large video game studios.
- The company is fully remote but has a presence in Los Angeles, Irvine, and Seattle.
- The independent studio is currently working on a game called Loki, which draws inspiration from previous projects the company's founding members have been involved with.
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Crypto startup 3Commas has raised a $37.9M Series B funding round. The company is based in Tallinn, Estonia. More: - The round was led by Target Global, Alameda Research, and Jump Capital, with participation from angel investors.
- 3Commas is an investment platform for cryptocurrency traders. The company offers both manual and automatic trading. The latter uses AI technology.
- This fund will be used to hire a research and development team.
- The company claims that 70% of its users are profitable.
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Today's funding 💵 SaaS - Hadean (U.K.), provides simulation software for gaming, enterprise, military, and other use cases: $30M A led by Epic Games and Tencent.
- Trovatrip (Oregon), a travel planning and booking online agency: $15M A led by Madrona with participation from PSL Ventures, Oregon Venture Fund, Elevate Capital, and Portland Seed Fund.
- Remofirst (California), helps remote companies build employee records: $14.1M growth led by Mouro Capital and QED Investors with participation from Counterpart Ventures.
- Datamaran (U.K.), a data-analysis platform for investment risks in fields such as ESG: $12.7M B led by Fortive with participation from American Electric Power.
- Champ Titles (Ohio), aims to provide advanced registration software to DMVs and retailers: $12.9M led by undisclosed investors.
- Steadybit (Germany), provides a saas platform for cloud architecture development: $7.8M Seed led by boldstart ventures, Angular Ventures, and New Forge.
Transportation - Monta (Denmark), an EV charging infrastructure management platform: $30M A+ led by Energize Ventures with participation from Creandum, Pale Blue Dot, byFounders, and Headline.
Web3/Blockchain - Hume (California), a startup that aims to bring a new approach to music consumption in the metaverse: $11.7M A led by led by TCG Crypto, with participation from Collab+Currency, Winklevoss Capital, Gemini Frontier Fund, Gmoney, Flamingo DAO, Noise DAO, LAO DAO, Distributed Global, Rahilla Zafar, Evan Bogart, and Cooper Turley.
E-commerce - Fermat Commerce (California), enables businesses to create unique marketing and payment structures with influencers: $12M Seed led by Greylock and QED Investors, with participation from Courtside Ventures.
Climate tech - Transaera (New York City), aims to develop efficient climate systems that can regulate indoor environments: $4.5M Seed led by Energy Impact Partners LP with participation from Carrier Ventures, Saint Gobain, and MassCEC.
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Quick Hits: - 97% of companies are pursuing a multicloud strategy. Here are six steps for a successful cloud migration experience.*
- New York-based Right Pedal LendOS has raised a $3M Pre-Seed. The company offers loans that are distributed through cutting-edge tech.
- Carbon Ridge (California), which develops carbon capturing technology for the maritime industry, has raised a $6M Growth round led by Grantham Foundation with participation from Crowley, Berge Bulk, Rusheen Capital Management, and Plug and Play Ventures.
- Biotech company Lactiga Therapeutics has raised a 1.6M Pre-Seed round. The company, based in New Jersey, raised the round from 1517 Fund.
- Skip Protocol has raised a $6.5M Seed round led by Bain Capital Crypto with participation from Jump Crypto, Galaxy, Robot Ventures, Lightspeed Faction, IEX Group, Informal Systems, and angel investors.
*This is sponsored content.
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Upcoming events at Inside: - 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 11 - AMA with Mike Malone (Smallstep)* (Register Here)
- October 19 - AMA with Zecca Lehn (Responsibly VC) (Register Here)
- October 25 - Meet Our Fund 4, an Inside.com Summit (Register Here)
- November 02 - AMA with Bill Glenn (Executive Chairman at Crenshaw Associates) (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 | 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 and 1972 Fords. | |
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