Successful closing of Series B Financing Round –
Leading German cannabis company Sanity Group announced today a $37.6M Series B financing round – Europe’s largest cannabis investment round to date. The round was led by BAT Group* with ongoing commitment from existing Sanity Group investors such as Redalpine and Casa Verde Capital brings total funds raised by the company to over $100M.
The new investment will fuel Sanity Group’s growth, enable European expansion and strengthen research and development activities.
CraniUS Closes ~$20 Million Series A Funding Round –
CraniUS LLC, an R&D company focused on building groundbreaking treatments for patients with chronic brain disease, today announced the closing of a $19.4 million Series A fundraising round.
The Series A round, funded entirely by private investors, will drive the development of CraniUS’ flagship device as it moves towards FDA approval for a first-in-human clinical study. The forthcoming phase will build off successful pre-clinical studies in which the device will validate safety and efficacy in delivering medicine directly to the brain, bypassing the blood-brain barrier.
Australian fintech platform secures $21.4m in series C funding round – Founded in 2018, Shaype helps financial institutions create transaction accounts linked to Visa cards for their users. The company also provides various financial functions such as card payments, wallets, tokenization, know-your-customer services, as well as fraud and money laundering detection.
Optellum finalizes series A funding round –
Artificial intelligence (AI) software developer Optellum has received $14 million (15 million euros) in a series A funding round.
The financing round was led by lead investor Mercia, along with additional investors Intuitive Venture and Black Opal Ventures. Existing investors St. John’s College in the University of Oxford, IQ Capital, and the family office of Sir Martin & Lady Audrey Wood also participated in the round, according to the vendor.
Unravel Data Raises $50 Million Series D Funding to Accelerate the Next Generation of DataOps Observability – Unravel Data, the first DataOps observability platform built to meet the needs of modern data teams, today announced that it has closed a $50 million Series D round of funding to accelerate the next generation of DataOps observability. The round was led by Third Point Ventures, with participation from Bridge Bank and existing investors that include Menlo Ventures, Point72 Ventures, GGV Capital, and Harmony Capital, bringing the total amount of funding raised by Unravel Data to $107 million.
Bitcoin Lightning Network Leader Strike Raises $80 Million Funding Round to Revolutionize Payments for Merchants and Consumers Globally – Strike, the world’s leading digital payment provider built on Bitcoin’s Lightning Network, today announced it has raised an $80 million funding round led by Ten31 and joined by Washington University in St. Louis, the University of Wyoming, and other investors, with participation from existing investors. The capital will be used to drive Strike’s efforts to revolutionize payments for the largest merchants, marketplaces, and financial institutions in the payments industry.