Weekly-Round-Up-May 8th to May 14th
May 15th, 2023
Gather Health, a high-impact, socially-focused primary care solution for older individuals, has opened its first primary care office in Quincy, MA, after earning over $15 million in Series A funding from investors including Khosla Ventures, Maverick Ventures, Commonwealth Care Alliance, and others.
8fig, a continuous funding and management platform for e-commerce businesses, has announced the completion of a $140 million Series B funding round in combined equity and credit facility led by Koch Disruptive Technologies (KDT), with participation from existing investors Battery Ventures, Localglobe, Hetz, the Jesselson family, and Silicon Valley Bank, a division of First Citizens Bank. This takes 8fig’s total fundraising to $196.5 million to date.
1upHealth has announced the completion of a $40 million Series C round headed by Sixth Street Growth, with participation from current investors F-Prime Capital, Jackson Square Ventures, and Eniac Ventures. 1upHealth offers a cloud-based, API-enabled, and FHIR-native data platform. The company was launched in 2017 and was built in the cloud natively using FHIR as the simplest approach to connect, control, and compute on health data. The 1up platform is used by over 75 enterprise health plans and health systems, serving over 35 million patients.
UVeye, a pioneer in the creation of automated vehicle-inspection systems for the automotive industry, has raised an extra $100 million to support substantial new sales and manufacturing activities in North America. Hanaco VC, a venture capital firm based in New York and Tel Aviv with $1.5 billion in assets under management and investments in firms like as Digital Ocean, Yotpo, and Divvy, led the company’s recently completed Series D investment round. The firm’s transportation investments include Moovit and Via Transportation.
Salsa, a firm that enables software platforms to integrate and deploy payroll capabilities within their own products, announced a $10 million fundraising round to change the way employees are paid. Salsa enables developers to quickly integrate a revenue-generating payroll solution into their own software solutions, allowing them to provide their customers with an all-in-one experience for managing their business and employees.
Amino Health, the premier digital healthcare advisory provider, has announced a $80 million equity and debt fundraising round led by Transformation Capital and Oxford Finance LLC, respectively. In the face of dwindling digital health investment, this capital validates Amino Health’s proven strategy and allows the firm to scale its technology and maintain its high growth trajectory.
Cloverly, a climate action platform powered by technology, announced today that it has raised a $19 million Series A fundraising round.Grotech Ventures, a leading global technology investor, led the investment, which was joined by other leading firms such as Aquiline Technology Growth, Impact Engine, Mission One Capital, New Climate Ventures, and CreativeCo Capital, as well as existing investors such as Tech Square Ventures, SoftBank Opportunity Fund, Circadian Ventures, Knoll Ventures, SaaS Ventures, and Panoramic Ventures.
Modern Hydrogen announced a $32.8 million Series B-2 investment round that was oversubscribed. NextEra Energy led the investment, with strategic investors and partners Miura and National Grid Partners also participating. Existing investors Gates Frontier, IRONGREY, Starlight Ventures, Valo Ventures, and Metaplanet participated in the funding round and increased their investments.
Related Links:
Weekly Round-Up – May 1 to May 7
Weekly Round-Up – April 24 to April 30
