Weekly-Round-Up-April 3rd to April 9th
April 11th, 2023
Covariant, the world’s premier AI Robotics business, announced a $75 million Series C fundraising round, bringing its total capital to $222 million.
The round was co-led by returning investors Radical Ventures and Index Ventures, with additional financing from returning investors Canada Pension Plan Investment Board and Amplify Partners. New investors in the round included Gates Frontier Holdings, AIX Ventures, and Northgate Capital.
Everstream Analytics, a global provider of supply chain insights and risk analytics, has announced the completion of a $50 million Series B investment round.Morgan Stanley Investment Management led the deal as part of its 1GT private equity platform, with participation from current investor Columbia Capital.
Strivacity, the business that makes client sign-in experiences unexpectedly simple and safe, announced a $20 million fundraising round today. SignalFire led the Series A2 investment, with Ten Eleven Ventures also participating. Other investors include Mandiant CEO Kevin Mandia and Tenable co-founder Jack Huffard, who will join Strivacity as Executive Chairman.
OXOS Medical has announced a $23 million Series A fundraising round led by Parkway Venture Capital and Intel Capital, increasing the company’s total funding to $45 million.OXOS plans to use the funds to accelerate product innovation and extend worldwide availability. OXOS’s traction in outpatient clinics, the military, the Veterans Administration, sports teams, hospitals, imaging centers, and bioskills labs continues to grow.
Honeycomb, a premier observability platform used by high-performing engineering teams to examine cloud application behavior, announced a $50 million Series D fundraising round. The financing is led by Headline, with participation from previous investors Insight Partners and Scale Venture Partners. The total funding raised to date is almost $150 million, including customer angel contributions from HelloFresh CEO Dominik Richter and Vercel CEO Guillermo Rauch.
True Anomaly announced that it has emerged from stealth mode and has raised $30 million in funding to date.True Anomaly, the company that is changing space security, stability, and sustainability, said today that it has emerged from stealth and earned $30 million in funding to far, including a recent $17 million Series A led by Eclipse in collaboration with Riot Ventures, Champion Hill Ventures, Space.VC, and Narya.
Mojo Vision, a high-performance micro-LED business, announced a new Series A funding round of $22.4 million to accelerate the development and commercialization of its micro-LED display technology for consumer, enterprise, and government applications. Existing investors NEA and Khosla Ventures lead the round, with participation from Dolby Family Ventures, Liberty Global Ventures, Fusion Fund, Drew Perkins, Open Field Capital, and Edge.
Related Links:
Weekly Round-Up – March 27 to April 2
Weekly Round-Up – March 20 to March 26