Parsers VC - Weekly Funding / Startup / VC news of November 26, 2024
Venture Capital News. Funding rounds, statistics Week of November 19 - November 25: United States (50 - $3.25B), United Kingdom (10 - $2.22B), India (4 - $183M), France (5 - $212M), Germany (6 - $542M
Most Popular Venture Capital News
1. The Crypto Surge: A New Dawn for Digital Currency in the U.S. and Beyond
(Cited in 23 tech media)
The cryptocurrency landscape is shifting. The recent U.S. presidential election has sparked a wave of optimism among investors and industry leaders alike. With Donald Trump at the helm, the crypto community is buzzing with anticipation. The potential for a pro-crypto regulatory environment is igniting hopes for innovation and growth.
Reports suggest that key figures in the crypto world, like Justin Sun and Brad Garlinghouse, may soon meet with Trump. This could signal a significant change in how the U.S. government interacts with the crypto sector. The prospect of Sun taking on a role as a Web3 advisor is particularly intriguing. His strategic vision could shape the future of digital assets in America.
2. ChapsVision's Bold Leap: Acquiring Sinequa and Securing €85 Million for AI Expansion
(Cited in 18 tech media)
In the fast-paced world of artificial intelligence, ChapsVision has made a significant move. The company recently announced its acquisition of Sinequa, a leader in AI-powered enterprise search and Retrieval-Augmented Generation (RAG). This strategic acquisition is not just a feather in ChapsVision's cap; it’s a bold step into the future of data processing and AI capabilities.
ChapsVision, already a prominent player in AI-enriched data processing, is now poised to enhance its offerings significantly. The acquisition of Sinequa, recognized by industry giants like Gartner and Forrester, is a game-changer. Sinequa’s impressive client roster includes heavyweights such as Pfizer, AstraZeneca, and NASA. These partnerships underscore Sinequa’s reputation for delivering powerful AI solutions that make data more accessible and actionable.
3. The Rise of Biotech: ORIC Pharmaceuticals and OmniScience Lead the Charge
(Cited in 15 tech media)
In the ever-evolving landscape of biotechnology, two companies are making waves: ORIC Pharmaceuticals and OmniScience. Both are harnessing innovation to tackle pressing health challenges. Their approaches, while distinct, share a common goal: improving patient outcomes through advanced treatments and technology.
ORIC Pharmaceuticals, a small-cap player in the biotech arena, is drawing attention for its promising drug candidates. Despite a rocky year, with shares down 4% in 2024, analysts are bullish. They see potential for a staggering 122% increase in stock price, with targets averaging $19.60 per share. What fuels this optimism? The answer lies in ORIC's innovative therapies.
4. The AI Revolution: Bridging Gaps with Strategic Collaborations
(Cited in 10 tech media)
The world of artificial intelligence is evolving at breakneck speed. Companies are racing to harness its power. But challenges loom large. Data privacy, integration hurdles, and deployment complexities often stall progress. Yet, two recent collaborations shine a light on the path forward. Arize AI and Microsoft, along with Deloitte and Hewlett Packard Enterprise (HPE), are stepping up to tackle these issues head-on.
Arize AI, a frontrunner in AI observability, has joined forces with Microsoft. Their collaboration aims to simplify the deployment of generative AI in enterprises. At the Microsoft Ignite event, they unveiled a suite of integrations designed to ease the transition from prototype to production. This is crucial. Many enterprises are eager to adopt large language models (LLMs), but over half face significant barriers. Data privacy concerns and the challenge of ensuring accuracy in AI responses are top of mind.
5. The Future of Food: Innovations and Trends in Plant-Based Products
(Cited in 10 tech media)
The food landscape is shifting. A wave of innovation is sweeping through the industry, driven by sustainability and health. Plant-based products are no longer a niche market; they are becoming mainstream. Companies are racing to capture the attention of consumers hungry for alternatives. This article explores the latest trends and innovations in the plant-based food sector, highlighting key players and their groundbreaking products.
The alternative protein market is booming. Consumers are increasingly aware of the environmental impact of their food choices. They seek healthier options that align with their values. This shift is evident in the latest product launches and corporate strategies.
6. Kalder's $10.5 Million Boost: A New Era for Customer Loyalty Programs
(Cited in 9 tech media)
In the bustling world of retail, customer loyalty is the golden ticket. It’s the secret sauce that keeps customers coming back. Yet, many brands struggle to turn that loyalty into tangible revenue. Enter Kalder, a Turkish-founded startup that just raised $10.5 million to revolutionize how brands approach loyalty programs. This funding, which includes a $7 million seed round led by Javelin Venture Partners, aims to transform customer loyalty into a powerful revenue stream.
Kalder’s platform is a game-changer. It allows brands to create white-label partner rewards programs directly within their apps or websites. This means customers can earn rewards automatically when they shop at partner stores. It’s as simple as linking a credit or debit card. No extra steps. Just shop and earn.
7. Odoo's €500 Million Investment: A Leap into the Future of Business Software
(Cited in 9 tech media)
Odoo, a Belgian software powerhouse, has just made waves in the tech world. The company announced a €500 million investment, elevating its valuation to a staggering €5 billion. This funding round, led by CapitalG and Sequoia Capital, attracted heavyweights like BlackRock and Mubadala Investment Company. It’s a testament to Odoo’s innovative approach and its growing influence in the small and medium-sized business (SMB) software market.
Founded in 2002, Odoo has carved a niche for itself by offering a comprehensive suite of open-source applications. These tools cover everything from customer relationship management (CRM) to e-commerce, accounting, and project management. With over 13 million users and a steady influx of 7,000 new clients each month, Odoo is not just a player; it’s a game-changer.
8. TactoTek and Janngo Capital: Pioneering Change in Tech and Investment
(Cited in 9 tech media)
In the ever-evolving landscape of technology and investment, two recent developments stand out. TactoTek, a Finnish company, has secured a significant funding round to enhance its innovative IMSE® technology. Meanwhile, Janngo Capital has closed Africa's largest gender-equal venture capital fund. Both stories reflect a commitment to sustainability, innovation, and inclusivity.
TactoTek, based in Oulu, Finland, has made waves with its In-Mold Structural Electronics (IMSE®) technology. This technology integrates electronic functions into 3D injection-molded structures. Imagine a car's dashboard that is not just a collection of buttons and screens but a seamless, smart surface. This innovation reduces weight and complexity while enhancing design freedom. It’s like turning a brick into a feather.
Last week's funding rounds
148 funding rounds, +7% from last week.
Number of funding rounds in the last quarter - November 25, 2024 by Parsers VC
Total raised $8.264 billion, -33% since last week
Total raised $, bln - November 25, 2024 by Parsers VC
Funding rounds in United States
Ample Raises $25M
Anitian Raises $7M Series D Round
Aviz Networks Raises $17M Series A Round
CalmWave Raises $5.25M
Captain Experiences Raises $1.5M
Clean Skin Club Raises $32M
Conduktor Raises $30M Series B Round
Cresta Raises $125M Series D Round
Cyera Raises $300M Series D Round at $3B Valuation
Distru Raises $6M Series A Round
Earth Optics Raises $24M
Enfabrica Raises $115M Series C Round
Enveda Biosciences Raises $130M
Epic Cleantec Raises $12M Series B Round
Federato Raises $40M Series C Round
GIWindows Raises $37M Series B Round
Inversion Raises $44M Series A Round
Iontra Inc Raises $45M Series C Round
Jabil Raises $118.4K
KeySavvy Raises $4.25M
KIOXIA America, Inc. Raises $646M IPO Round
Kong Inc. Raises $175M Series E Round
Ladder Raises $105M
Lightning AI Raises $50M
Lightyear Raises $31M Series B Round
LUUM Raises $30M Series A Round
New Lantern Raises $19M Series A Round
Oishii Farm Corporation Raises $150M
OneChronos Raises $32M
Orderful Raises $15M
Pivot Energy Raises $450M
Replica Raises $8M Series A Round
Revv Raises $20M
Roboflow Raises $40M
Selector AI Raises $33M Series B Round
Semperis Raises $125M
Spectral AI Raises $5M
spectrocloudinc Raises $75M Series C Round
StoreCash Raises $3.7M Seed Round
SuperAnnotate Raises $36M Series B Round
Synapticure Inc. Raises $25M
TailorMed Raises $40M
TearSolutions Raises $3M Series B Round
ThoroughCare, Inc. Raises $5M Series A Round from Empactful Capital
Trustero Raises $10M Series A Round
Twenty Raises $5M Seed Round
Unlock Unimagined Potential with BrightAI Raises $15M Seed Round
VISO Trust Raises $24M
Vitara Biomedical Raises $50M
Zenflow Raises $24M Series C Round
Funding rounds in United Kingdom
CellPoint Digital Raises $30M
Colt Data Centre Services Raises $1.7B Series E Round
Cytomos Raises $6.34M
Descycle Raises $12.88M
Echion Technologies Raises $12.65M
Konsileo Raises $10.11M
Lighthouse Raises $390.19M Series C Round
Quanta Dialysis Technologies Raises $60M Series E Round
Silveray Raises $4.45M
Virtue Raises $2.53M
Funding rounds in India
Credflow Raises $3.7M Series A Round
HealthKart Raises $153M
PeLocal Raises $2M Seed Round
Zopper Raises $25M Series D Round
Funding rounds in France
ChapsVision Raises $90M
Eden AI Raises $3.16M Seed Round
Faircraft Raises $15.82M
METRON Raises $13.17M
Sinequa Raises $90.08M
Funding rounds in Germany
apaleo Raises $21.07M
GEMESYS Raises $9.11M Pre-Seed Round
KoRo Raises $36.96M Series C Round
QPLIX Raises $26.49M from Partech Partners
Sedivention GmbH Raises $847.8K Pre-Seed Round
SKF Group Raises $447.99M
Funding rounds in Switzerland
Calvin Risk Raises $4M
Digt AG Raises $4.19M
Oncobit AG Raises $1.66M Seed Round
ZITADEL Raises $9M Series A Round
Funding rounds in Canada
Fairfax Raises $498.84M
Silfab Solar Inc. Raises $100M
Swap Robotics Raises $3M
More funding rounds in the article…
Interested in reaching our audience? You can sponsor our newsletter here.
We prepare personalized newsletters depending on the Locations and Categories of Venture news that interest you.
Just select Locations and News Categories for funding rounds, startups and venture capital funds and we will send you the news that interests you most.
Subscribe to personalized newsletter here…
How to raise a funding round for a startup?
Add Startup to Parsers VC
Click Like for VCs in the Predict Investments and Venture Matching table
We will give you an intro to Venture Funds
Learn more about Fundraising with Parsers VC
How to get a stream of new startups to a Venture Fund?
Add Venture Capital fund to Parsers VC
Click Like for Startups in the Predict Investments and Venture Matching table
We will give you an intro to Startups