Here’s what you need to know today in startup and venture news, updated by the Crunchbase News staff throughout the day to keep you in the know.
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Personetics lands $75M for AI-driven finance
, a provider of data-driven personalization and customer engagement tools for banks and financial services companies, that it raised $75 million in growth funding from .
Previously the company, which was founded in 2010 and has offices in London, New York, and Tel Aviv, had raised $83 million in venture funding, per Crunchbase data. The company says its software reaches more than 95 million personal banking customers and analyzes billions of transactions daily.
—听Joanna Glasner
Health care and insurtech
Cohort, Pawlicy, Botco.ai raised rounds: , a New York based company founded in 2016, raised $11 million to scale virtual home-based care. led the round, which enabled Cohort to expand its platform, which provides software for chronic care management and clinical trials. Pet insurance marketplace raised $6.5 million in Series A funding, led by and existing investor . This brings the company鈥檚 total funds raised since 2018 to $8 million. The New York-based startup intends to use the new funding toward team expansion, platform development, partnerships and customer acquisition. There are more than 2.4 million dogs and cats insured across the U.S., the company said. announced a $2.2 million seed round, led by , to bring , AI-powered marketing automation to a tool that facilitates meaningful and intelligent conversations between providers and consumers. Botco.ai, based in Scottsdale, Arizona, will use the capital for product and technology development.
鈥 Christine Hall
Fintech
Mundi, Titan, Mirato raise rounds: , a Mexico and New York-based fintech company providing financial tools so companies can trade globally, said it raised $7.8 million in seed funding, led by 鈥 to focus on international trade, accelerate growth in Mexico and launch new services. Investment platform announced a $12.5 million Series A round of the funding led by . The New York-based company is building an operating system for active investment management. It has just under $500 million in assets under management after growing 600 percent in 2020. Meanwhile, Israel-based , which enables financial institutions to identify and manage third-party risk, closed on $9 million in funding co-led by and .
鈥 Christine Hall
Space
Axiom Space inks $130M: , a Houston company specializing in Low Earth Orbit economy, secured $130 million Series B funding led by . The company is developing a private space station, dubbed the 鈥淎xiom Station,鈥 which is poised to be at the center of what will be a thriving network of commerce in Earth鈥檚 orbit, the company said. In fact, and both project the station could be valued at more than $1 trillion in the next few decades.
鈥 Christine Hall
Agriculture
Vestaron raises $18.3M: , a Durham, N.C.-based company developing biopesticides for crop protection, announced $18 million in Series B-1 financing led by . The new funding gives the company more than $107 million in total funding since the company was founded in 2005. The funding will be used on commercial development. This follows the first full year of commercialization of Spear, its lead insecticidal peptide that targets pests and insects on specialty crops, such as pistachios.
鈥 Christine Hall
Foodtech
Redefine Meat lands $29M: Israeli alternative meat maker said Tuesday is closed on a $29 million round of Series A funding led by and . Redefine specializes in creating sustainable plant-based meat products with a taste and mouthfeel of animal meat. The funding will be used to expand its product offering, its commercial launch this year and large-scale production facility for its 3D alt-meat printers.
鈥 Christine Hall
New funds
01 Advisors raises $325M second fund: San Francisco-based , a venture capital firm led by early Twitter executives and , has $325 million for its second fund, which will focus on growth-stage Internet and technology companies.
How Women Invest announced its first fund of $10 million: (HWI) a Bay Area based fund raised $10 million from over 200 limited partners. 鈥淭he pace at which this Fund closed, within a pandemic, is a true sign of the demand and desire of accredited female investors to move the dial on funding female-founded businesses,鈥 said , Managing Partner at How Women Invest. co-founder of HWI is also the founder of How Women Lead, a network of executive women. HWI plans to invest in 10-12 companies with an initial $250,000 to $750,000 for investment with reserves for follow on investing.聽HWI is also announcing two portfolio company investments in a healthcare analytics company, along with an investment in , a talent development platform.聽
—听Joanna Glasner, Gen茅 Teare
M&A
CELLINK buys Genolis: Swedish biotech , a developer of “bioinks” targeted for use in printing tissues, has reached an the Finland-based robotics and diagnostic automation company for 鈧70 million (US$85M) in a mix of cash and stock.
—听Joanna Glasner
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