Retail startup Trigo has raised a $100M funding round. Temasek and 83 North co-led the round. More: - Other participants in the round include Hetz Ventures, Red Dot Capital Partners, Vertex Ventures, Viola, and REWE.
- The company builds self-checkout software, similar to Amazon Go, that is licensed to other retailers.
- Companies that use the product include Tesco, Rewe, Aldi Nord, Netto, Shufarseal, etc.
- Trigo is based in Tel Aviv, Israel.
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Vesttoo has raised an $80M Series C funding round. The startup is now valued at $1B. More: - The round was led by Mouro Capital and a private equity fund, with participation from Gramercy Ventures, Black River Ventures, and Hanaco Ventures.
- The company offers an AI platform that helps insurance companies gain capital while decreasing the risk for investors.
- Vesttoo's platform offers investors AI-driven data analytics that enables them to see the performance of their investments. The company offers low-risk investment opportunities.
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Normunity has raised a $65M Series A funding round. The company is based in Boston, Massachusetts. More: - The round was led by Canaan Ventures with participation from Sanofi Ventures, Taiho Ventures, and Osage University Partners.
- Normunity is a biotech company that develops a specific therapy that aims to modify the human body's immunity against cancer.
- This funding will be used to advance the company's process of clinical trials.
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Vetreska Future Pet Food raised $50M. The company is based in Singapore. More: - The growth round was led by Quest FoF.
- Vetreska Future Pet Food is a subsidiary of Vetreska, a Chinese umbrella company that encompasses a lifestyle brand for pets.
- The company aims to use the funding to streamline its production supply chain and manufacture pet food.
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Today's funding 💵 Biotech - AgroSpheres (Virginia), a startup that produces biological pesticides and delivers different materials: $22M Series B led by Lewis & Clark AgriFood and Ospraie Ag Science with participation from Bidra Innovation Ventures and Cavallo Ventures.
Hardware - AM Batteries (Massachusetts), offers lithium-ion battery production technology: $25M A led by Anzu Partners, with participation from TDK Ventures, Foothill Ventures, Toyota Ventures, Zeon Ventures, SAIC Capital, VinFast, Doral Energy-Tech Ventures, and Creative Ventures.
SaaS - PreVeil (Massachusetts), provides an end-to-end encrypted cloud mail service: $20M C led by PSG.
- WATI (Hong Kong), a CMS software solution for WhatsApp: $23M A led by Tiger Global.
- Cosmonic (Virginia), offers a SaaS platform that developers can deploy everywhere: $8.5M Seed led by Vertex Ventures with participation from angel investors.
Health tech - Alto Neuroscience (California), a neurotech company that aims to develop anti-depression therapies: $35M B led by
- Elion (California), a digital health marketplace platform: $3.3M Seed led by NEA, Max Ventures, 8VC, AlleyCorp, Charge Ventures, and Floating Point.
- Vara (Germany), offers an AI platform that detects breast cancer in patients: $4.4M A led by VI Partners.
Fintech - Caplight Technologies (California), a platform that enables retail investors to invest in venture-backed companies through synthetic financial instruments: $3M growth led by Deutsche Börse Group.
Robotics - Numurus (Washington), helps integrate AI in robotic systems: $2M growth led by Tokusui Corporation of America.
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Quick Hits: - Get ahead of the holiday madness and gear up your influencer and affiliate strategy for success.*
- Decathlon Capital Partners has led an undisclosed investment round in Japan Crate Receives, a subscription box platform.
- Blockchain company Klink Finance has raised a $500,000 Pre-Seed led by Blockchain Founders Fund with participation from UOB Venture Management, Signum Capital, TechMeetsTrader, and StartupGym.
- Miami-based cryptocurrency company Sealance has raised an undisclosed Seed funding round. Galaxy and Ribbit Capital led the round.
- Cota, a startup that aims to use data to help create more efficient cancer therapies, raised an undisclosed amount from Deerfield Management.
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Upcoming events at Inside: - 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)
- November 09 - Synthetic data for more efficient, robust and ethical model development - Live AMA with Yashar Behzadi (CEO and Founder of Synthesis AI)* (Register Here)
- December 07 - Live AMA with Deividi Silva ( Head of Developer Relations at Gun.io) (Register Here)
*This is a sponsored listing. | |
| | 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. | |
Laika is a unified compliance platform that automates workflows for audits, infosec monitoring, and vendor due diligence in a single, collaborative space. | |
Security Compass delivers best-practice, role-based, accredited eLearning solutions. | |
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