ChemDirect Closes Series A Funding Round Led by Schneider – GREEN BAY, Wis.–(BUSINESS WIRE)–ChemDirect, the leading B2B online marketplace for specialty chemicals shipped directly from vetted suppliers, today announced the closing of a Series A funding round led by Schneider (NYSE: SNDR). The financing will enable ChemDirect to grow its chemical marketplace, build out new logistics and payment technologies, and scale its go-to-market efforts.
The 10 Biggest Rounds Of June: SpaceX Blasts Off; Biotech Startup Resilience Locks Up Huge Round – There’s been a lot of talk about the slowing pace of venture capital. While the stats seem to indicate this year will not be like the record-shattering fundraising numbers put up last year, June still seems to show some strength—albeit anecdotally. Five VC-backed U.S. startups raised rounds of a quarter-billion dollars or more, and investors spread their money across a vast array of sectors from space travel to AI to farming. In fact, the only sector to see two startups in the top 10 was biotech.
Home-Focused Matter Health Raises $35M in Series A Funding Round – Matter Health — a primary care services provider with a focus on affordable housing communities — has secured $35 million in a Series A financing round. The funding was led by the Jordan Park Group, an investment management company.
Inspectiv Closes $8.6M in Series A Funding – Inspectiv, a Los Angeles, CA-based cybersecurity company, closed an $8.6m Series A funding round.
Sensible Care Raises $13M Series A Funding – Sensible Care, a Santa Ana, CA-based online behavioral health company, raised $13M in Series A funding.
Tyson 2.0: Mike Tyson’s Cannabis Brand Finalizes $9M Series A Funding Round – According to a press release, the cannabis brand — created by legendary heavyweight boxer, entrepreneur, and cannabis lover Mike Tyson — has raised $9 million in a Series A round led by JW Asset Management. K2, Ambria Capital, Tress Capital, and Patrick Carroll also participated in the round.
AlgiKnit Raises $13 million In Series A Funding – AlgiKnit, a sustainable kelp yarn producer based in North Carolina, has received $13 million in a Series A financing round led by Collaborative Fund with participation from H&M CO:LAB and SOSV.