General partnership

Zero Prime Ventures Raises Second Fund to Back Even More Engineer-Founders From Company Inception

Retrieved on: 
Wednesday, March 20, 2024

Zero Prime Ventures (previously Data Community Fund), the firm that writes the first checks for day zero engineer-founders, today announced its second fund as well as the addition of new Partner Yang Tran .

Key Points: 
  • Zero Prime Ventures (previously Data Community Fund), the firm that writes the first checks for day zero engineer-founders, today announced its second fund as well as the addition of new Partner Yang Tran .
  • View the full release here: https://www.businesswire.com/news/home/20240319152582/en/
    Partners Pete Soderling and Yang Tran of Zero Prime Ventures.
  • In fact, we're in the thick of it already,” said Pete Soderling, founder of Zero Prime and the Data Council community.
  • “He was there with us from the beginning of the company and has been instrumental to our success.”
    To learn more about Zero Prime, please visit zeroprime.vc .

Carlsmed Raises $52.5M in Series C Financing to Advance Personalized Spine Surgery

Retrieved on: 
Monday, March 18, 2024

Carlsmed, an AI-enabled personalized surgery Medtech company, announced today a $52.5M Series C funding round co-led by B Capital and U.S. Venture Partners.

Key Points: 
  • Carlsmed, an AI-enabled personalized surgery Medtech company, announced today a $52.5M Series C funding round co-led by B Capital and U.S. Venture Partners.
  • These proceeds will be used to accelerate the commercialization of the aprevo® personalized spine surgery platform for lumbar fusion procedures and the development of aprevo® for cervical fusions, which will launch in 2025.
  • “We started Carlsmed to improve patient outcomes through personalized surgery, and recent clinical publications indicate that aprevo® patient specific implants are achieving this goal,” stated Mike Cordonnier, CEO of Carlsmed.
  • The Carlsmed implantable devices and software platforms are FDA cleared for lumbar spine fusion, including anterior, lateral, and transforaminal approaches.

B Capital Closes Opportunities Fund II at $750 Million

Retrieved on: 
Tuesday, March 19, 2024

B Capital, a global multi-stage investment firm, today announced the close of B Capital Opportunities Fund II, L.P. (“Opportunities Fund II” or the “Fund”) with aggregate capital commitments of $750 million, nearly doubling the size of its predecessor B Capital Opportunities Fund I.

Key Points: 
  • B Capital, a global multi-stage investment firm, today announced the close of B Capital Opportunities Fund II, L.P. (“Opportunities Fund II” or the “Fund”) with aggregate capital commitments of $750 million, nearly doubling the size of its predecessor B Capital Opportunities Fund I.
  • Opportunities Fund II will make primary and secondary investments in later-stage companies across B Capital’s core sectors of technology, healthcare and climate tech, with a focus on North America and Asia.
  • The majority of the Fund will seek to identify follow-on investment opportunities in existing, high-performing B Capital portfolio companies.
  • We are grateful for our investors, who enable us to continue to support our companies during a time when capital remains scarce,” said Raj Ganguly, Co-founder and Co-CEO at B Capital.

Figure Technologies Announces Figure Markets, Home to a New Decentralized Custody Crypto Exchange and Blockchain-Native Security Marketplace

Retrieved on: 
Monday, March 18, 2024

As part of the round, Dan Morehead, Founder and Managing Partner of Pantera Capital, will join the Figure Markets board of directors.

Key Points: 
  • As part of the round, Dan Morehead, Founder and Managing Partner of Pantera Capital, will join the Figure Markets board of directors.
  • Figure Markets will launch a new decentralized custody crypto exchange and blockchain-native security marketplace that incorporates Multi-Party Computation (MPC) technology.
  • With Figure Markets’ MPC wallets, private keys are distributed across a decentralized network, requiring multi-party approval for every movement.
  • Figure Markets is also continuing to work toward a registered security alternative to stablecoin that can support the Figure Markets ecosystem.

Leonid Capital Partners Bolsters Space Portfolio with $6.25MM Investment in Phase Four

Retrieved on: 
Wednesday, March 13, 2024

Leonid Capital Partners, a leading investment firm focused on high-growth technology companies working in the National Security industry, today announced a new $6.25MM financing for Phase Four, a revolutionary aerospace company developing advanced propulsion systems for the next generation of space vehicles.

Key Points: 
  • Leonid Capital Partners, a leading investment firm focused on high-growth technology companies working in the National Security industry, today announced a new $6.25MM financing for Phase Four, a revolutionary aerospace company developing advanced propulsion systems for the next generation of space vehicles.
  • Phase Four plays a critical role in the future of space and national security.
  • “We are thrilled to partner with Phase Four as they develop groundbreaking propulsion systems that will shape the future of space exploration,” said James Parker from Leonid Capital Partners.
  • “This partnership with LEONID is a significant milestone for Phase Four,” said Steve Kiser, CEO of Phase Four and General Partner of Veteran Ventures Capital.

dataroomHQ Launches Free Forecast and Headcount Planning Offering

Retrieved on: 
Wednesday, March 20, 2024

This free offering provides business leaders with a deeper understanding of their full financial plan so they can move faster while enabling them to reach sustainable growth.

Key Points: 
  • This free offering provides business leaders with a deeper understanding of their full financial plan so they can move faster while enabling them to reach sustainable growth.
  • Companies are suffering from an inability to create flexible strategic plans that are actionable based on leading indicators – this is where dataroomHQ Planning comes in.
  • dataroomHQ Planning, a solution within the dataroomHQ Platform, is designed to solve for forecasting challenges, helping organizations prepare for every future scenario by generating forecast and headcount planning alongside historical metrics.
  • “We encourage all our companies to use dataroomHQ and work with Jeff.”
    Get started with dataroomHQ Planning for free today: https://www.dataroomhq.com/planning

Pi Health Raises Over $30M in Series A to Revolutionize Cancer Care and Clinical Trials

Retrieved on: 
Thursday, March 14, 2024

Pi Health , an oncology-focused health technology and clinical research company committed to transforming global access to innovative medicines and clinical trials, today announced over $30M in Series A funding.

Key Points: 
  • Pi Health , an oncology-focused health technology and clinical research company committed to transforming global access to innovative medicines and clinical trials, today announced over $30M in Series A funding.
  • Pi Health, which incubated as a subsidiary of BeiGene, Ltd. (NASDAQ: BGNE) three years ago, completed its fundraise to launch as an independent company.
  • None has taken the bold, comprehensive and global approach that Pi Health has,” said Brenton Fargnoli, M.D., General Partner at AlleyCorp.
  • “Pi Health has the potential to bring life-saving drugs and treatments to market faster and more efficiently, ultimately saving countless lives in the process.

Pigment announces $145 million series D led by ICONIQ Growth

Retrieved on: 
Thursday, April 4, 2024

ICONIQ Growth who spearheaded Pigment's Series C last year also led the Series D round, with participation from Sandberg Bernthal Venture Partners, IVP, Meritech, Greenoaks and Felix Capital.

Key Points: 
  • ICONIQ Growth who spearheaded Pigment's Series C last year also led the Series D round, with participation from Sandberg Bernthal Venture Partners, IVP, Meritech, Greenoaks and Felix Capital.
  • With the majority of the company's revenue now coming from North America, the capital will be used to expand Pigment's in-market support and accelerate product development
    SAN FRANCISCO, April 4, 2024 /PRNewswire/ -- Pigment today announced a $145 million Series D funding round, led by ICONIQ Growth, who also spearheaded Pigment's Series C investment close to a year ago.
  • The funding follows a successful year for Pigment as the company tripled its annual recurring revenue, and doubled its customer base globally.
  • "We are exceptionally confident that Pigment is successfully addressing a clear and very large need in the market," said Matt Jacobson, General Partner, ICONIQ Growth.

Pigment announces $145 million series D led by ICONIQ Growth

Retrieved on: 
Thursday, April 4, 2024

ICONIQ Growth who spearheaded Pigment's Series C last year also led the Series D round, with participation from Sandberg Bernthal Venture Partners, IVP, Meritech, Greenoaks and Felix Capital.

Key Points: 
  • ICONIQ Growth who spearheaded Pigment's Series C last year also led the Series D round, with participation from Sandberg Bernthal Venture Partners, IVP, Meritech, Greenoaks and Felix Capital.
  • With the majority of the company's revenue now coming from North America, the capital will be used to expand Pigment's in-market support and accelerate product development
    SAN FRANCISCO, April 4, 2024 /PRNewswire/ -- Pigment today announced a $145 million Series D funding round, led by ICONIQ Growth, who also spearheaded Pigment's Series C investment close to a year ago.
  • The funding follows a successful year for Pigment as the company tripled its annual recurring revenue, and doubled its customer base globally.
  • "We are exceptionally confident that Pigment is successfully addressing a clear and very large need in the market," said Matt Jacobson, General Partner, ICONIQ Growth.

TrojAI Raises $5.75M in Seed Funding to Secure AI in the Enterprise

Retrieved on: 
Wednesday, April 3, 2024

SAINT JOHN, NB and BOSTON, April 3, 2024 /PRNewswire/ -- TrojAI, a leading provider of enterprise artificial intelligence (AI) security solutions, today announced a USD $5.75 million funding round of additional seed capital and the appointment of Lee Weiner as the company's CEO.

Key Points: 
  • The additional capital will help TrojAI build on its success, grow, and continue to enable enterprises to secure AI models and applications.
  • "As enterprises rush to adopt secure AI solutions, few companies are as fully equipped to meet the demand as TrojAI in this virtually limitless market.
  • "Stephen Goddard and I founded TrojAI to address a critical need for security around AI deployments," said James Stewart, CTO and Co-Founder of TrojAI.
  • However, to see broad acceptance, every IT leader needs easy to deploy, high performance systems to secure AI.