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startup funding

Funding News 7.21.22

Crunchbase Announces $50 Million Series D Amid Tough Market For Late-Stage Funding – Crunchbase on Wednesday announced a $50 million raise that belies a market contraction with Q2 funding for late-stage ventures falling 31%, to $66.7 billion from Q1’s $96.9 billion. 

Proteus Motion Raises $8.5 Million in Series A Funding With Blake Griffin Joining Round

Fitness technology company Proteus Motion, maker of a 3D resistance training machine, has raised a Series A round of $8.5 million that was co-led by Acies Investment and HBSE Ventures.

Athlete investors joining the round include Blake Griffin (through his venture fund Blake Griffin Enterprises), former NBA player Matthew Dellavedova and recently retired MLB pitcher Jon Lester, a three-time World Series champion with the Boston Red Sox and Chicago Cubs. They join MLB Hall of Famer Dave WinfieldLIV Golf star Bryson DeChambeau and former MLB pitcher Chris Capuano, who all invested previously.

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Amazon Smbhav Venture Fund, Fireside Ventures Lead Fitterfly’s $12 Million Series A Funding Round – Fitterfly, a digital health and therapeutics platform, has raised $12 million in a Series A round led by Amazon Smbhav Venture Fund and venture capital firm Fireside Ventures. Other investors who participated in this funding session included 9 Unicorns, Venture Catalysts and Nihar Parikh, Founder of 4point0 Health Ventures, and Sriram Natarajan, Founder of Molbio.

Charles raises $20m in Series A round led by Salesforce Ventures – Charles has raised $20 million in a Series A round led by Salesforce Ventures to become Europe’s leading conversational commerce as a service platform. Accel and HV Capital, who led the company’s seed round in 2021, also participated.

BigHat Biosciences Raises $75 Million in Series B Funding to Design Safer, More Effective Antibodies – SAN MATEO, Calif.–(BUSINESS WIRE)–BigHat Biosciences, a biotechnology company developing safer, more effective antibody therapies for patients using machine learning and synthetic biology, today announced it has raised a $75 million Series B funding round, led by Section 32, with participation from new investors Amgen VenturesBristol Myers SquibbQuadrille Capital, GaingelsGRIDS Capital, among others. 

Kizik Announces $20 Million Series B Funding Round – Kizik, the footwear manufacturer, and its parent, HandsFree Labs, Inc., announced completing a $20 million Series B funding round.

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