Latest Client News
Fiddler Acquires Lumeus to Extend the AI Control Plane to Coding Agents
Fiddler has acquired Lumeus, the solution for agent posture management, policy enforcement, and security at the code generation layer, to extend its AI Control Plane to coding agents operating in the IDE, CLI, and MCP boundary. The combined platform spans the full agent lifecycle, from code generation through production.
Alcatraz raises $50 Million Series B funding
Alcatraz which makes an AI-powered physical access control system that authenticates employees without collecting personal data, has closed a $50 million Series B funding round, bringing total capital raised to more than $100 million. The round was led by BlackPeak Capital, Cogito Capital, and Taiwania Capital, with participation from existing investors Almaz Capital, EBRD, Ray Stata, and others.
Ayar Labs Closes $500M Series E, Accelerates Volume Production of Co‑Packaged Optics
Ayar Labs, the leader in co-packaged optics (CPO) solutions for AI scale-up, announced the closing of $500 million in Series E funding led by Neuberger Berman. The company will use the funds to scale high-volume production and test capacity to accelerate the deployment of its CPO solution. This brings the company’s total funding to $870 million and raises the company’s valuation to $3.75 billion.
Mojo AI Raises $10M Series B Funding
Mojo AI, a software developer building a globally mandated AI safety app for data center construction, has secured $10 million Series B Funding round led by strategic investors Altira, Pelion Ventures, and Frame VC. The investment will help Mojo AI expand the platform into new markets across the construction and oil and gas industries. Altira, a Denver-based venture capital firm with deep ties to the energy sector, played a strategic investment role in helping Mojo AI enter the oil and gas market.
Uplift360 Raises €7.4M to Recycle High-Value Materials
Advanced materials startup Uplift360 has raised €7.4M in a seed funding round aimed at scaling its proprietary tech, giving a second life to materials like carbon fibre, Kevlar and hybrid laminates. The oversubscribed round was led by Extantia with contributions from the NATO Innovation Fund, Promus Ventures, and Fund F.
Spiked Ade secures $10M to push vodka-spiked sports drinks into the hydration aisle.
Spiked Ade secures $10M and lines up wider distribution as a new vodka “sports drink” category takes shape.
Founded by serial entrepreneur Jason Cohen (Sensible Portions, SkinnyPop, CORE Hydration, OWYN), the zero-sugar, 4.5% ABV brand raised $10M in under two weeks—reportedly with several pro athletes participating. After a New Jersey debut that depleted 15,000+ cases in three months and drove 100% reorder rates at Total Wine, Spiked Ade is expanding via Manhattan Beer Distributors and existing Molson Coors/Constellation networks, with a national partner expected soon. Framed as a play to replace “big beer” volume, the launch targets a slice of the $48B hydration market—just as competitors begin to surface.
LWK Partners secure $100M credit facility in partnership with Cypress Equity
LWK Partners (“LWK”), a real estate private equity firm focused on the acquisition and operation of attainable value-add multifamily assets, and Cypress Equity Investments (“CEI”), an institutional multifamily developer and real estate investment company, are pleased to have secured a $100M bespoke credit facility from Ascent Developer Solutions (“AscentDS”) to accelerate LWK-CEI’s Workforce Housing Density Addition strategy.
OneAM Raises $4.7 Million in Seed Funding
OneAM, the category-defining early pay solution for a $4 trillion segment of the U.S. economy, today announced it has raised a $4.7 million seed round led by TTV Capital, with participation from Correlation Ventures, ThirdStream Partners, and early-stage private investors. The company is among the first to use AI and machine learning to underwrite fragmented receivables at scale, turning working capital into an investable asset class for quantitative investors.
CurbWaste announces $28M Series B funding
CurbWaste has been recognized as part of the 2024 SMBTech 50, an annual list compiled by Notable Capital that highlights the startups that are transforming the way small and medium-sized businesses (SMBs) operate.
Procyon acquired by Ping Identity
Ping Identity, a leader in securing digital identities for the world's largest enterprises, announced their acquisition of Procyon, a cloud-native startup founded in 2021 by Sukhesh Halemane, Suman Sharma, and Mahantesh Pattanshetti that enables simple, seamless, and secure privileged access to both cloud and on-prem infrastructure.
Uplift360 Awarded Innovate UK Smart Grant for Breakthrough Carbon Fibre Recycling Innovation
Cleantech company Uplift360 has been awarded an Innovate UK Smart Grant: July 2024 round, to scale its pioneering low-energy chemical recycling technology, ChemR.
Novoloop Raises $21M Series B Funding
Novoloop, a pioneer in advanced chemical recycling, announced today the successful close of its Series B funding round, led by Taranis. The investment will accelerate Novoloop’s commercial scale-up of its proprietary Lifecycling™ technology, which transforms post-consumer polyethylene into high-performance polyol and polyurethane, and support the launch of key customer programs. With continued backing from existing investor Valo Ventures, the round also welcomed new investment from SHOP Limited, the Family Office of the Bata Shoe Company.
Finlete secures $1M Angel round
Finlete, the platform where athletes can raise capital from fans in exchange for a piece of their future earnings, announced their oversubscribed Angel Round, with participation from Draper Startup House, North Texas Angel Network, and other angels.
XOi Amplifies Field Service Innovation with New Strategic Investment and Acquisition
XOi, a leading provider of jobsite-focused technology solutions for the field service ecosystem, today announced the acquisition of Specifx, an on-demand data enrichment and metadata retrieval platform for field service equipment. The acquisition was enabled by an investment from funds managed by leading global investment firm KKR. The funding from KKR marks the most significant milestone yet in XOi’s journey to build out its system of work for the field service ecosystem.
Ayar Labs secures $155M Series D raise
Ayar Labs, the leader in optical interconnect solutions for large-scale AI workloads, today announced it has secured $155 million in financing with Investments from AMD, Intel Capital, NVIDIA, Advent Global Opportunities and Light Street Capital.
Novoloop selected for Impact/100, a list of the world's most promising impact startups.
Novoloop has been selected to be a part of Impact/100, a list of the world's most promising impact startups, created and selected by Norrsken Foundation and their partners. Earlier today, we were featured on the Nasdaq building at Times Square in NYC.
Congrats to all the listed startups for doing their good work! Let's fix the future together. 💪🌎 View the 2024 full list at norrsken.org/impact100
CurbWaste has been recognized as part of the 2024 SMBTech 50
CurbWaste has been recognized as part of the 2024 SMBTech 50, an annual list compiled by Notable Capital that highlights the startups that are transforming the way small and medium-sized businesses (SMBs) operate.
Actuate Secures $11.5M in Funding to Advance AI-Powered Remote Video Guarding Solutions
Actuate, a leading innovator in computer vision technology for remote video guarding, proudly announces the successful closing of an $11.5 million funding round. This investment was led by Gray Line Partners, with significant contributions from existing investors Tribeca Venture Partners, Bling Capital, Tensility Venture Partners, and Upside Partnership.