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Funding News 9.15.22

SavvyFi Announces Completion of $4.9M Series A Funding RoundSavvyFi, the fintech platform that is making college savings and student loan repayment plans an accessible and popular benefit for employees, today announced the completion of a $4.9M Series A funding round. The company raised its Series A to address the growing demand for its platform from employers, who are discovering the advantage of providing solutions to student loan debt at a time of unprecedented attention around this national crisis.

The Rounds Raises $5.1M in Series A Funding

The Rounds, a Halifax, NS, Canada-based healthcare tech startup, raised $5.1M in Series A funding.

The round was led by Panoramic Ventures.

The company, which has raised a total of $7.8 million CAD in funding since 2012, intends to use the funds to accelerate the development of its network and to make several strategic hires to bolster its marketing, sales, and engineering teams.

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JetBlue invests in Frontdesk’s $13m in Series B funding round

US: Milwaukee-based short-term rental property management startup Frontdesk, which seeks to provide flexible stays for the ‘modern traveller’, has announced the closing of its $13 million Series B funding round.

The round was led by Stormbreaker Ventures with support from JetBlue Technology Ventures, Veritas Innovations, Motivate Venture Capital, and several strategic investors.

Swiss biotech CDR Life uses $76M series A funding round to ready T-cell engagers for clinic – Swiss biotech CDR Life has nabbed $76 million in series A bucks to flesh out its multispecific T-cell engagers, a fundraising haul led by Sanofi-backed, Paris investment firm Jeito Capital, which now turns its attention toward bolstering autoimmune programs.

Lumafield announces $35M Series B funding round for its industrial X-ray CT platforms – X-ray CT technology developer Lumafield, Cambridge, Massachusetts, USA, announced that it has closed a $35 million Series B funding round from new and existing investors, achieved a major new AI-driven performance breakthrough, and appointed two executives to its board of directors. To date, the company has raised a total of $67.5 million.

Greenhouse Grower Gotham Greens Raises $310 Million in Series E

Indoor-farming company Gotham Greens raised more than $310 million from investors in its latest funding round, the company said Monday.

The Series E round was led by new investors BMO Impact Investment Fund, a sustainability-focused investment fund of Bank of Montreal, and Ares Management funds. Other fresh investors include Commonfund Capital Inc.RockCreek and Kimco Realty Corp., and existing investors such as Manna Tree Partners and Silverman Group also joined. The round, which includes both equity and debt funding, brings the greenhouse grower’s total capital raised to $440 million.

PurpleLab, Inc. Raises $40M in Funding from Primus CapitalPurpleLab, Inc. today announced a $40 million Series B funding round led by Primus Capital, which joins existing investor Edison Partners. TripleTree served as the exclusive financial advisor to PurpleLab for this transaction. The investment highlights PurpleLab’s growing role in simplifying the access to and interpretation of Real-World Data (RWD) across the healthcare continuum.

Dealpath Gets $43M in its Series C Financing

Proptech firm Dealpath just announced closing a $43 million Series C round of financing, led by Morgan Stanley Expansion Capital and including such existing investors as Blackstone, 8VC, JLL, Nasdaq Ventures, and GreenSoil PropTech Venture.

According to startup information site Crunchbase.com, Dealpath has raised a total of $67.1 million. It had its first seed investment round in 2014 and a Series-A round in 2016. In 2020, the company had two venture rounds.

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