Apprentice has raised a $65M funding round to make the development of new therapies more efficient by connecting distributed medical teams. The company has raised $207M since its inception. More: - Apprentice offers a software platform named the Tempo Manufacturing Cloud. This platform aims to help biotech companies make the process of developing therapies more efficient by enabling their distributed teams to communicate and collaborate seamlessly.
- The company claims that 15 of the 20 largest pharmaceutical companies in the U.S. use the platform.
- ICONIQ Growth led the funding round, with participation from Alkeon Capital Management and Insight Partners.
- The company aims to use the funding round to boost its sales and invest in marketing.
- Apprentice was founded in 2014.
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ABL Space Systems has raised $60M to build responsive launch defense systems. The company is a contractor for the U.S. Space Force. More: - ABL Space Systems develops launch vehicle and launch systems technology that uses CNC and 3D printing.
- The company manufactures its components exclusively in the United States.
- This funding is part of the U.S. Space Force and U.S. Air Force Strategic Funding Increase program.
- $30M of the funding was provided by the U.S. Space Force, and another $30M was provided by private investors.
- The company was founded by former SpaceX engineers.
- Since its inception in 2017, the company has raised over $400M.
- ABL is based in El Segundo, California.
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Bend Health has raised a $32M Series A funding round to offer digital mental health care services for kids and teens. Bend Health claims its services are now available to more than 650,000 people. More: - Bend Health offers support for mental health issues such as:
- stress,
- technology addiction,
- anxiety,
- obsessive-compulsive disorder,
- trauma,
- and co-occurring substance use.
- This funding round was led by Maveron, SteelSky Ventures, and WVV Capital.
- The company aims to use the funding round to boost its growth and expand its operations.
- Bend Health is based in Madison, Mississippi.
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Strangeworks Commercial has raised a $24M Series A funding round to make quantum computing more accessible. The company has worked with Deloitte, Johnson and Johnson, Azure, etc. More: - Strangeworks Commercial offers software solutions that enable companies to integrate quantum capabilities in their tech stack.
- This product aims to help companies process data faster and improve their business output.
- Hitachi Ventures, IBM, and Raytheon Technologies led the funding round, with participation from Lightspeed Venture Partners, Great Point Ventures, and Ecliptic Capital.
- Strangeworks aims to use the funding to expand its team by 40%.
- Since its inception in 2018, the company has raised $28M.
- The company is based in Austin, Texas.
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💵 Today's funding: Robotics - 1X (Norway), manufactures robots that can assist humans in daily tasks: $23.5M A extension led by OpenAI Startup Fund, with participation from Tiger Global, Sandwater, Alliance Ventures, and Skagerak Capital.
SaaS - Axios HQ (Virginia), helps organizations manage their communications: $20M A led by Glade Brook Capital Partners and Greycroft Partners.
- Mystifly (Singapore), a one-stop shop for airline industry organizations and travelers: $8M Pre Series B funding led by CSVP, with participation from RSI Fund I and Jenfi & Crusade Partners.
Virtual Reality/Augmented Reality - OQmented (Germany), specializes in Mixed Reality and 3D display solutions: $20M A led by Sharp2, Salvia, and Vsquared Ventures.
Sports tech - Huupe (U.K.), a smart basketball hoop hardware manufacturer: $11M co-led by Protagonist VC, Marvan Ventures, TRI Investments, and Kawn VC, with participation from Genesis Ventures and Reform Ventures.
Sustainability - Lun Energy (Denmark), aims to decarbonize homes by making it easy to install electric pumps: $11.2M Seed led by Norrsken VC, Partech, Lowercarbon Capital, MCJ Collective, and Foundamental.
- Mixergy (U.K.), develops smart hot water technologies that enable users to save money and reduce their environmental impact: $11.2M Growth led by EDP Ventures and Nesta.
Biotech - Pragma Bio (California), a drug discovery platform that uses AI to create therapies for immunologic disorders: $10M Growth led by The Venture Collective, Viking Global Investors, Merck Global Health Innovation Fund, and CJ Investments.
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- Dylibso, a Spain-based WebAssembly solutions company, has raised $6.6M in a funding round led by Felicis with participation from boldstart ventures, Pebblebed, and Crew Capital.
- Oregon-based Wilderness Labs, a startup that offers an IoT platform for .NET developers, has raised $3.3M in a Seed round led by Apertu Capital.
- HeavyFinance, a Lithuania-based climate tech investment marketplace for the agricultural industry, has raised a $3.2M Seed round led by Practica Capital.
- Danish startup Humani has raised a $2.2M Pre-Seed round.
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- March 30 - Inside.com Book Club - The Creative Act by Rick Rubin (Register Here)
- April 13 - Inside Interview with Lacework - The Evolution of Cloud Security w/ Ulfar Erlingsson (Watch On Demand)
- April 18 - Human Resources Summit'23 (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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