Theory Ventures Closes $450 Million Second Fund to Boost EarlyStage Software Investments
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Theory Ventures Closes $450 Million Second Fund to Boost EarlyStage Software Investments

ByAlice Temper

Theory Ventures, a venture capital firm specializing in earlystage software investments across data, AI, and web3, has closed its $450 million second fund. The company previously launched a $238 million fund in April 2023. This new fund is intended to enhance support for innovators who capitalize on technology discontinuities to achieve gotomarket advantages, aiming to…

Versant Ventures Launches Pep2Tango Therapeutics to Develop NextGen Obesity Therapies
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Versant Ventures Launches Pep2Tango Therapeutics to Develop NextGen Obesity Therapies

ByAlice Temper

Pep2Tango Therapeutics Inc. is a biotechnology startup founded in 2021 by experienced pharmaceutical executives. The company is focused on creating innovative, nextgeneration weight loss therapies. Their lead drug candidates are unimolecular multireceptor peptide agonists that target GLP1, GIP, amylin, and calcitonin receptors. This approach aims to provide superior weight loss efficacy while preserving muscle mass…

Nivoda Raises $51 Million in Funding to Expand Global Diamond and Gemstone Marketplace
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Nivoda Raises $51 Million in Funding to Expand Global Diamond and Gemstone Marketplace

ByAlice Temper

Nivoda, the leading digital marketplace and supply chain for the diamond industry, has announced securing $51 million in funding. The investment will support the global growth of their transparent, efficient, and customerfocused diamond and gemstone supply chain. The funds will be utilized to expand Nivodas marketplace beyond diamonds and gemstones to encompass all jewelry, marking…

Stax.ai Secures $7M in New Funding to Enhance Retirement Plan Administration
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Stax.ai Secures $7M in New Funding to Enhance Retirement Plan Administration

ByAlice Temper

Stax.ai, based in Scottsdale, Arizona, is a transformative solution designed to empower retirement thirdparty administrators (TPAs) by streamlining their operations and achieving efficiencies that were previously considered impossible. The company announced a new funding round of $7 million led by Neotribe Ventures, increasing its total capital raised to $11.65 million following a previous seed round…

Bing Ventures Nominated for BeInCrypto Excellence Award 2024
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Bing Ventures Nominated for BeInCrypto Excellence Award 2024

ByAlice Temper

Bing Ventures, a pioneering venture capital and research firm affiliated with the crypto exchange BingX, has been nominated for the Crypto Venture Capital with Best Project Portfolio in 2024 in the inaugural BeInCrypto Excellence Award 2024. Established in 2021, Bing Ventures actively invests in transformative blockchain and crypto ventures, supporting over 50 projects spanning various…

Ferment Launches $20 Million Studio Fund and Invests $2.5 Million in Alchemyca
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Ferment Launches $20 Million Studio Fund and Invests $2.5 Million in Alchemyca

ByAlice Temper

Description about the company receiving the funding: Alchemyca is a company that utilizes enzymes, sensors, and AI to improve the conversion of organic waste into renewable natural gas. They focus on enhancing the efficiency of biogas production, aiming to make organic waste a viable, lowcost feedstock for versatile chemicals and fuels. Led by renewable energy…

Interwoven Ventures Adds Dr. Erez Agmoni, Former Maersk Head of Innovation, as General Partner
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Interwoven Ventures Adds Dr. Erez Agmoni, Former Maersk Head of Innovation, as General Partner

ByAlice Temper

Description about the company receiving the funding: Interwoven Ventures is an earlystage venture capital firm specializing in investments across robotics and artificial intelligence (AI) to transform industries such as manufacturing, logistics, transportation, and healthcare. What the funding will be used for: The primary focus of Interwoven Ventures is to support earlystage companies that develop advanced…

Aditxt Announces Successful Shareholder Approval for Acquisition of Appili Therapeutics
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Aditxt Announces Successful Shareholder Approval for Acquisition of Appili Therapeutics

ByAlice Temper

Aditxt, Inc. (NASDAQ: ADTX), a social innovation platform, has made significant progress in its acquisition of Appili Therapeutics Inc. (TSX: APLI; OTCPink: APLIF), following overwhelming approval from Appilis shareholders. Appili Therapeutics, an infectious disease biopharmaceutical company, focuses on developing novel therapies to address lifethreatening infections and unmet medical needs. Their current projects include an FDAapproved…

Horizon Technology Finance Provides $10 Million Venture Loan to Ursa Space Systems
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Horizon Technology Finance Provides $10 Million Venture Loan to Ursa Space Systems

ByAlice Temper

Ursa Space Systems Inc. is a leading satellite intelligence company that serves government and commercial clients globally. The company specializes in providing allweather monitoring, analytics, and imagery through a comprehensive virtual network featuring over 200 satellites. Its proprietary technology amalgamates Synthetic Aperture Radar, ElectroOptical and Radio Frequency data with AIenabled processing, which aids in delivering…

Moderne Ventures Announces 2024 Fall Moderne Passport Class
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Moderne Ventures Announces 2024 Fall Moderne Passport Class

ByAlice Temper

Moderne Ventures, a strategic venture capital and growth equity firm, has announced its 2024 Fall Moderne Passport Class, an intensive sixmonth industry immersion program. This program provides participants with education, exposure, insight, and relationships to enhance customer growth. The latest cohort includes companies involved in energy storage, affordable housing systems, and technology tools for property…