Weekly-Round-Up-September 12th to September 18th
September 19, 2022
Nimbus Therapeutics disclosed that a $125 million private financing has been completed. Along with current investors Access Biotechnology, Atlas Venture, BVF Partners L.P., Bill Gates, Lightstone Ventures, Pfizer Ventures, RA Capital Management, and SR One, the round introduces additional investors Bain Capital Life Sciences and SV Health Investors.
A $30 million minority investment by JM Family Enterprises, Inc. was announced by The Predictive Index (PI), a platform for talent optimization that has won awards, and combines business strategy and people strategy to produce the best possible business outcomes.
Aqua-Yield, the premier nanoliquid company in the world for agricultural output, announced the completion of its $23 million Series A funding round. The Penny Newman Grain Company and San Leonardo joined the Larry H. Miller Company (the LHM Company) in leading the round. The business will utilize the funding to expedite the adoption of its nanoliquid solutions throughout the world.
Soda Health, a healthcare technology firm redefining the supplemental benefits system, stated that it has raised $25 million in a Series A round from an investor syndicate comprised of Lightspeed Venture Partners, Define Ventures, and Qiming Venture Partners USA.
A $50 million Series C fundraising round headed by the Jordan Park Group has been completed by the tech-driven asset management platform Ethic, which enables personalization for financial intermediaries.
Along with existing investors including Oak HC/FT, Nyca Partners, Sound Ventures, Urban Innovation Fund, and Kapor Capital, UBS participated in the round through its venture and innovation business, UBS Next.
In-space mobility system supplier Morpheus Space announced the completion of a $28 million Series A funding round, which was led by Alpine Space Ventures, a space-specific venture capital firm. Morpheus Ventures joined Alpine, along with previous backers from the company’s Seed Round, including Vsquared Ventures, Lavrock Ventures, Airbus Ventures, In-Q-Tel, Pallas Ventures, and Techstars Ventures.
Denim, the leading platform for financial enablement in the logistics and freight sectors, announced the completion of a $126 million Series B financing. Pelion Venture Partners was the lead investor in the round, which included an equity investment of $26 million and a debt investment of $100 million.
The pioneer in Confidential Computing and data-first multicloud security, Fortanix, announced the closing of a $90 million Series C investment round, bringing the company’s total funding to over $122 million.
TruckSmarter has received $44 million in funding from Founders Fund, a16z, Ryan Petersen (CEO of Flexport), Tony Xu (CEO of DoorDash), Jett McCandless and Jason Duboe (CEO & Chief Growth Officer of Project44), and Eric Glyman (CEO, Ramp). A16z, Bain Capital Ventures, Fin Capital, Founders Fund, and others also participated in the company’s most recent $25 million Series B round of financing, which was led by Thrive Capital.