May 11, 2022
FORTUNE Term Sheet Newsletter
– Arcadia, a Washington D.C.-based clean energy tech platform developer, raised $150 million in Series E funding led by J.P. Morgan Asset Management’s Sustainable Growth Equity Team and was joined by investors including Keyframe Capital, Broadscale Group, Triangle Peak Partners, Camber Creek, Tiger Global Management, Wellington Management, Salesforce Ventures, Drawdown Fund, and others.
– Stord, an Atlanta-based cloud-based supply chain company, raised $120 million in Series D funding led by Franklin Templeton and was joined by investors including Sozo Ventures, Strike Capital, 137 Ventures, Kleiner Perkins, Founders Fund, BOND, Susa Ventures, Dynamo Ventures, Lux Capital, and Salesforce Ventures.
– Talos, a New York-based digital asset trading technology provider, raised $105 million in Series B funding led by General Atlantic and was joined by investors including Stripes, BNY Mellon, Citi, Wells Fargo Strategic Capital, DRW, SCB 10x, Matrix Capital Management, Fin VC, and Voyager Digital.
– Hugging Face, a New York-based ready-to-use machine learning models company, raised $100 million in Series C funding led by Lux Capital and was joined by investors including Sequoia, Coatue, and others.
– Vention, a Montreal-based digital manufacturing automation platform, raised $95 million in Series C funding led by Georgian and was joined by investors including Fidelity Investment Canada ULC, White Star Capital, Bain Capital Ventures, and Bolt Ventures.
– SirionLabs, a Bellevue, Wash.-based contract management software platform, raised $85 million in Series D funding led by Partners Group and was joined by investors including Sequoia Capital and Tiger Global.
– Supabase, a Pleasanton, Calif.-based Database-as-a-Service company, raised $80 million in Series B funding led by Felicis and was joined by investors including Coatue and Lightspeed.
– Nexite, a Tel Aviv-based data platform for the retail industry, raised $67 million in Series C funding led by Pitango Growth and Saban Ventures and was joined by investors including Battery Ventures, Intel Capital, Pitango First, and Vertex Ventures.
– Certn, a Victoria, British Columbia-based background screening solutions provider, raised $50 million in Series B funding led by B Capital and was joined by investors including BMO, Tribe, Inovia Capital, Telstra Ventures, Scribble, Moxxie Ventures, and Gaingels Covalent Ventures.
– Dusty Robotics, a Mountain View, Calif.-based, robotics solution provider for the construction industry, raised $45 million in Series B funding led by Scale Venture Partners and was joined by investors including Baseline Ventures, Canaan Partners, Root Ventures, NextGen Venture Partners, and Cantos.
– Osmind, a San Francisco-based mental health EHR, raised $40 million in Series B funding led by DFJ Growth and was joined by investors including Susa Ventures, Lachy Groom, former Allergan CEO and chairman and current Osmind board member Brent Saunders, Helena Goodman, H1 Insights CEO Ariel Katz, General Catalyst, Future Ventures, Tiger Global, and Pear VC.
– OncoHost, a Binyamina, Israel-based cancer therapy company, raised $35 million in Series C funding led by ALIVE Israel HealthTech VC, Leumi Partners, Menora Mivtachim, OurCrowd, and others.
– Artax Biopharma, a Cambridge, Mass.-based automimmue disease treatment company, raised $26 million in funding from investors including Eli Lilly and Company, Sound Bioventures, Advent Life Sciences, Columbus Venture Partners, Belinda Termeer, and others.
– Arianee, a Paris-based Web3 solution for brands, raised €20 million ($21.1 million) in Series A funding led by Tiger Global and was joined by investors including Bpifrance, ISAI, Noia Capital, Cygni Capital, Commerce Venture, and Motier Ventures.
– Casa, a Denver-based Bitcoin key management protocol, raised $21 million in Series A funding led by Acrew Capital and was joined by investors including Positive Sum Ventures, Naval Ravikant, Scott Belsky, Avon Ventures, Stillmark, Tioga Capital, Castle Island Ventures, and Lerer Hippeau.
– Concentric, a San Jose-based autonomous data security company, raised $14.5 million in Series A funding led by Ballistic Ventures and was joined by investors including Citi Ventures, Core Ventures Group, Engineering Capital, and Clear Ventures.
– OtterTune, a Pittsburgh, Pa.-based database automation and optimization platform, raised $12 million in Series A funding led by Intel Capital and Race Capital and was joined by Accel.
– Oriient, a Tel Aviv-based indoor GPS solution provider, raised $11 million in Series A funding and was joined by investors including OurCrowd, Regal Four, F2 Venture Capital, NGN Partners, and Future Energy Ventures.
– GetHenry, a Berlin-based e-bike delivery company, raised €10 million ($10.54 million) in seed funding led by LocalGlobe and was joined by investors including Visionaries Club, Founder Collective, EnBW New Ventures, GreenPoint Partners, SpeedUp Ventures, Third Sphere, APX, InnoEnergy, and other angels.
– Rensair, a London-based air purification company, raised $7 million in Series A funding led by Hoxton Ventures. The company also acquired the air filtration business of AirLabs, a London-based air cleaning and monitoring company.
– Pico MES, a Redwood City-based manufacturing software company, raised $6.75M in seed funding led by Congruent Ventures and was joined by investors including Union Labs, Lemnos Labs, SE Ventures, and Schneider Electric.
– Graft, a San Francisco-based A.I.-based data analytics platform, raised $4.5 million in pre-seed funding led by GV and was joined by investors including NEA, Essence VC, Formulate Ventures, and SV Angel.