Puffin Drinkwear Raises Series A Funding Round – Puffin Drinkwear, makers of personality-infused apparel for your drink to wear, announced today a Series A round led by Village Family Capital and Jim Collis of Colfam Management. The company also announced new CFO Arianna Moore to join the Puffin Drinkwear team, bringing significant financial leadership experience with Private Equity backed companies. This growth investment will support Puffin Drinkwear as the company builds a global brand and commercializes innovative new products.
Citrine Informatics Raises $16M in Series C Financing – Citrine Informatics, the leading provider of artificial intelligence software for materials, chemicals, and manufactured product development, announced the successful close of a $16 million Series C funding round. The round was led by Prelude Ventures and Innovation Endeavors, with participation from Drive Catalyst (Far Eastern Group), Alumni Ventures, ISAI Cap Venture, Presidio Ventures, and others.
Fast-facial Spot Glowbar Closes $10 Million Series A Funding Round – Facial bars appear to be ripe for investment.
Not long after Heyday announced its Series B extension, Glowbar, known for its 30-minute, $65 facial, has received a $10 million Series A funding.
The round was led by Peterson Partners, a Salt Lake City-based firm whose investments have included Allbirds, Solidcore, Bonobos, Rails Clothing and Madison Reed.
Glowbar was founded in 2019 by Rachel Liverman, a third-generation aesthetician, with services including dermaplaning, chemical peels, extractions and LED.
Spacetech Platform Digantara Looking At Pre-Expansion Series A Round – Bengaluru-based spacetech startup Digantara hopes to raise fresh funding in a Series A round over the coming months, a top executive told Mint.
“The $2.5 million seed funding we raised in 2021 provided us with a runway to make at least three satellites, so we are well covered for our next launch. We also plan to announce our Series A round in the coming months,” Anirudh Sharma, chief executive of Digantara said in an interview, after the company launched its second satellite on 3 January.
CLM provider SirionLabs scores $110m in its Series D – SirionLabs, which offers an AI-powered contract lifecycle management (CLM) platform, has closed its Series D funding round on $110m.
The capital was supplied by Brookfield Growth, Sequoia India and Tiger Global.
With the capital, the company will expand its leadership position in the market, as well as bolster its product innovation. As part of the development, SirionLabs plans to bolster its AI capabilities and integrations with enterprise platforms, including SAP S/4HANA®, Salesforce and Microsoft 365.
AI startup looks to transform data into AI models and applications, closes series A funding – Profet AI today announced that it has raised $5.6 million in a series A funding round. The Taiwanese startup develops no-code AI/ML solutions purpose-built for manufacturers in a range of industries.