Blackbird has raised a $640M fund, Australia's largest ever, to support startups in Australia and New Zealand. This fund represents a 100% increase in size over its previous one. More: - The round was backed by AustralianSuper, Hostplus, Australia's sovereign wealth fund, the Future Fund, New Zealand's sovereign wealth fund, and the Growth Capital Partners Elevate fund.
- This fund will be deployed for three different startup categories: Pre-Seed and Seed-stage Australian startups, Series A to extension rounds-stage Australian startups, and Pre-Seed/Seed-stage startups in New Zealand.
- Blackbird states its check size ranges from $25,000 to $5M, depending on the company and its development stage.
- The company believes that its long-term investing concept is a good choice, as the tech industry generates good returns in the long term.
- Another 270 individual investors participated in the round.
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U.S.-based company Alation has raised a $123M Series E, reaching unicorn valuation. The company's $1.7B represents a 17x increase over its previous valuation, beating the current industry trend. More: - Alation is a platform that enables companies to collect and analyze data that would've otherwise been difficult to get.
- By using the tool, companies can categorize themes such as business glossaries, data dictionaries, and Wiki articles.
- The software uses AI to learn user behavior and offer recommendations on how they should use the tool.
- The company aims to use the fund for product development, team expansion, and acquisitions.
- Its clients include Salesforce, Cisco, Australia's Department of Defense, Pfizer, Nasdaq, General Mills, Munich Re, etc.
- The company claims its ARR has consistently increased, while it also expects to grow its team by close to 800 employees before the end of 2023.
- This round was led by Thoma Bravo, Sanabil Investments, and Costanoa Ventures, with participation from Databricks Ventures, Dell Technologies Capital, Hewlett Packard Enterprise, Icon Ventures, Queensland Investment Corporation, Riverwood Capital, Salesforce Ventures, Sapphire Ventures, and Union Grove.
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 A message from APIS COR Invest in The Company Automating Construction Apis Cor’s mission is to empower America’s home builders with robotic systems to build more durable homes quickly and affordable. Why Apis Cor? - Industry-leading experience building the world’s biggest and best 3D printed buildings.
- Strong market traction with 117 Letters of Intent from home builders across the country.
- Fourth-generation 3D printing technology with a proven record of unmatched performance.
- Backed by Alchemist Accelerator and At One Ventures VC founded by Google-ex and BASF-ex.
- Earlier this year, Apis Cor raised $1.2m on equity crowdfunding.
- We deployed our robots to build the largest 3D-printed building on Earth (Guiness World Record) and the first commercially permitted building in America building in Boca Chica, TX.
- Apis Cor won top awards at NASA's Mars Habitat Challenge.
- The construction 3D printing market is projected to continue growing exponentially and hit $40 Billion by 2027
- Our goal is to have 400 printers in operation by 2027 to deliver 20,000 houses annually.
Invest today and join the construction revolution. Invest Now
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Mozilla has launched a $35M fund that will be used to invest in privacy-first startups. All of the funds will be secured by the Mozilla foundation. More: - The fund will invest in Pre-Seed to Series A startups, focusing on "people over profit," according to the firm.
- All of the funds will come from the Mozilla foundation, which itself is funded mainly by public donations.
- Mozilla, once the second-most popular browser in the market, has added numerous products such as a VPN, email hider, and other privacy-based ideas to its portfolio.
- The company has already invested in three startups: Heylogin, BlockParty, and Secure AI labs. The firm will focus on AI and Web3 startups that aim to make the internet more secure for its users.
- Currently, the firm has only one full-time employee. Consultants are currently helping the firm build a new team that will span numerous countries and continents.
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Miami-based Double Down VC has raised an oversubscribed $30M fund. The fund, led by Magdalena Kala, will focus on Web3 investments. More: - Magdalena Kala has 10+ years of experience working as a fund manager.
- According to her, consumer tech is the sector where Web3 has the most potential, but the technology has not yet been able to make the desired impact due to a lack of storytelling and good go-to-market strategies.
- The fund is backed by Chris Dixon, Marc Andreessen, Matt Huang, Fred Ehrsam, Seven Seven Six, Sara Blakeley, Paris Hilton, etc.
- Kala stated that she intends to release her pitch deck as a series of NFTS on the popular NFT platform OpenSea, while the company's investors will have the deck airdropped to them in chronological order based on their investment date.
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Today's funding 💵 SaaS - Way (Texas), offers a centralized platform that enables businesses to create digital experiences for their customers: $20M A led by Tiger Global, with participation from MSD Capital.
- Galileo (California), analyzes data labels in ML projects and finds errors in them: $18M A led by Battery Ventures with participation from The Factory, Walden Catalyst, FPV Ventures, and angel investors.
- GoCo.io (Texas), develops software solutions for HR departments: $15M led by ATX Venture Partners.
Health tech - Boomerang Medical (California), a bioelectronic medicine company that aims to create therapies for autoimmune diseases: $15M A led by Arboretum Ventures Hatteras Venture Partners.
- Enzyre (Netherlands), a provider of ambulant diagnostic technology for blood coagulation testing: $11.8M A led by Oost NL, with participation from i&i Biotech Fund, Demcon Investment, Takeda Ventures, and Novalis Biotech.
- Options MD (California), a telehealth startup providing care for treatment-resistant depression: $3.8M Pre-Seed led by Bread & Butter Ventures, with participation from M13, Bright Ventures, Collab Capital, MedMountain Ventures, and Techstars.
- Wellin5 (California), a mental health company that offers online therapy sessions that help manage stress and anxiety: $2M Seed led by undisclosed investors.
Robotics - Galen Robotics (Maryland), manufactures surgical robots: $15M A by Ambix Healthcare Partners.
Real estate tech - Haven (New York), provides a platform that helps insurance companies speak with homeowners: $8M A led by Fifth Wall with participation from Fidelity National Financial, RWT Horizons, and 1Sharpe Ventures.
- Tour24 (Massachusetts), an app that enables renters to tour apartments: $5.5M A led by 29th Street Ventures, Middleburg Communities, and LAB Ventures.
- Travtus (U.K.), a platform that uses AI to make multi-family property management more efficient: $4M Seed led by RET Ventures.
Energy - AMP (California), develops energy management solutions for e-mobility companies: $17.25M A led by Ecosystem Integrity Fund and Helios Climate Ventures.
Consumer - TAGS Commerce (California), a POS platform that offers a one-click buying experience: $3.5M Pre-Seed by XRC Labs, Gaingels, Not Boring, Tiny Capital, Vibe Capital, and Unpopular Ventures.
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- Pod, the company that created the job-seeking platform AtlasJobs, has raised a $2.5M Seed funding round led by Paca Ventures.
- Atlanta-based integrated payments company Bluefin has acquired TECS Payment Systems, a payments company that offers products to POS system providers and other financial-solution providers. The latter is based in Vienna, Austria.
- HCAP Partners has led an undisclosed investment round in IronRod Health, a remote health monitoring company that serves over 20,000 patients.
- New York-based customer experience platform Emplifi has acquired Pixlee TurnTo for an undisclosed amount.
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Upcoming events at Inside: - 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)
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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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