Runwise Raises $19M in Series A funding Led by Fifth Wall – Runwise, a leading building control company, today announced that it has raised $19 million in Series A funding, led by Fifth Wall with participation from several large real estate owners including Rudin Management, SOJA Ventures (The Swig Family / Halstead / Brown Harris Stevens), and The Strykers of Friedman Management and MCJ Collective, Derive Ventures, Helium-3, Silence VC, The Cannon Project as well as Waterman Ventures. Existing investors include Initialized Capital, Notation Capital, Susa Ventures and NextView Ventures. This round brings the total equity funding to $24 million.
ORO Raises $25 Million in Series A Funding to Reimagine Procurement – ORO, a modern enterprise software platform that helps orchestrate end-to-end procurement across teams, today announced $25 million in Series A funding co-led by Norwest Venture Partners and B Capital, with participation from XYZ Venture Capital and additional funding from Array Ventures and other investors. ORO was founded by three former product leaders at SAP Ariba to bridge the disconnect between the modern enterprise’s need for agile, decentralized purchasing and the requirement for controls and compliance checks. The funding will be used for hiring across all roles to accelerate delivery and deployment of the company’s recently announced Smart Procurement Workflows.
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Apiiro Raises $100M Series B Funding Round to Solidify Position as the Cloud-Native Application Security Leader – Apiiro, the leader in Cloud-Native Application Security, today announced a significant Series B round of $100M led by General Catalyst with participation by Greylock and Kleiner Perkins. The new funding will be used to accelerate the business and advance the company’s mission to empower developers and application security engineers to proactively fix risks before releasing to the cloud with all the context they need in a single solution.
Xeal Raises $40M in Series B Funding –
Xeal, a Los Angeles, CA and New York-based company providing electric vehicle (EV) charging solutions, raised $40M in Series B funding.
The round was led by Keyframe Capital with participation from ArcTern Ventures, Moderne Ventures, Ramez Naam, Nexus Labs, Wind Ventures and Alpaca VC. Along with the Series B, Xeal also secured a $10M credit line from Bridge Bank.
Boston Materials Secures $12M In Series A2 Funding – Boston Materials, a Billerica, MA-based high-performance materials company, raised $12m in Series A2 funding.
The round was led by Good Growth Capital with participation from GS Group and PTT Global Chemical, as well as previous investors including ACCELR8, Valo Ventures and ACVC Partners and new investors Gatemore Venture Partners.
Hospital for Special Surgery Raises $21 Million Series A Funding Round to Launch Musculoskeletal Physical Therapy Program RightMove – Hospital for Special Surgery has raised a $21 million Series A funding round to launch RightMove, a musculoskeletal physical therapy program expected to begin treating patients by the second quarter of 2023. New York-based HSS is renowned as the top-ranked orthopedic hospital in the U.S and its specialists serve as team doctors for the Nets, Mets, Giants, Knicks, Liberty, and Red Bulls, among other NY/NJ sports teams.
Loop breaks into logistics payments space with $30M in early funding – Dropit, a retail technology platform that bridges the digital divide by unifying merchants’ online and in-store inventories, has raised $25 million in a Series C round of funding.
Founded in 2014, London-based Dropit counts retail brands including L’Occitane, Abercrombie & Fitch and Estée Lauder as customers, in addition to shopping malls. At its core, Dropit is all about enabling brands to sell their in-store inventory online, essentially converting brick-and-mortar outlets into something akin to a local distribution hub — customers buy their goods digitally, with Dropit’s “smart sourcing” technology finding the nearest physical location to the customer that the goods are located, and dispatching accordingly.