NOWDiagnostics, Inc. (NOWDx), a pioneering developer of over-the-counter (OTC) and point-of-care (POC) diagnostic tests, has announced a significant milestone with the successful closure of a $22.5 million Series B financing round. Led by DigitalDx Ventures, alongside strategic investments from the Labcorp Venture Fund and Kompass Kapital Management, this funding is set to propel NOWDx to…
Flip, the dynamic force in social commerce, has executed a strategic acquisition of Curated, a premier platform renowned for connecting consumers with expert advice on high-value purchases. Valued at $330 million in stock, this landmark deal underscores Flip’s commitment to revolutionizing online shopping through genuine, human-generated interactions. Flip has swiftly ascended in the social commerce…
DigniFi, a leading FinTech company disrupting the auto repair financing landscape, has secured a significant $175 million funding boost. This strategic investment, led by Encina Lender Finance and Brigade Capital Management, fuels DigniFi’s mission to empower car owners nationwide with accessible financing solutions for unexpected auto repairs. DigniFi has carved a niche for itself by…
Captions, the AI-powered video creation and editing leader, has secured a monumental $60 million Series C funding round, bringing its total capital raised to a staggering $100 million. This investment values the company at a cool $500 million. Index Ventures spearheaded the round, reaffirming Captions’ revolutionary impact on the video creation landscape. Returning investors Kleiner…
UBERDOC, a Boston-based healthcare startup dedicated to enhancing patient access to specialty care, has announced a strategic investment from CharmHealth and Bioverge. This funding infusion, from leading players in healthcare technology and investment, positions UBERDOC to significantly scale its services nationwide, bolstering its mission to provide rapid and direct access to top-tier physicians across more…
Skild AI, a visionary in the realm of robotics, has marked a significant milestone with the closing of a $300 million Series A funding round. Led by prominent investors including Lightspeed Venture Partners, Coatue, SoftBank Group, and Bezos Expeditions, this funding round values Skild AI at $1.5 billion, underscoring its pivotal role in advancing the…
Cytactic, a pioneering platform in cyber crisis readiness and management, has raised $16 million in a seed funding round led by Evolution Equity Partners, a prominent cybersecurity venture capital fund. This investment aims to bolster Cytactic’s efforts in fortifying organizations against escalating cyber threats through innovative crisis preparedness solutions. Businesses worldwide are grappling with the…
Index Ventures, a renowned global venture capital firm, has announced a landmark capital infusion of $2.3 billion across new funds, underscoring its commitment to fostering innovation and supporting visionary entrepreneurs worldwide. This investment milestone includes an $800 million venture fund and a $1.5 billion growth fund, augmenting Index Ventures’ total capital raised since inception to…
Hayden AI Technologies, a frontrunner in vision AI solutions tailored for smart cities, has secured a substantial $90 million in Series C funding. The round was spearheaded by The Rise Fund, the impact investing arm of TPG, alongside contributions from existing backers such as the Drawdown Fund and Autotech Ventures. This infusion of capital will…
Mantle, a pioneer in precision metal 3D printing for tooling applications, has achieved a significant milestone with the successful closure of a $20 million Series C funding round. This latest investment, led by Schooner Capital and supported by existing investors including Fine Structure Ventures and Foundation Capital, brings Mantle’s total funding to over $61.5 million….
