Daily Digest - Funding News

It's a good day to be in sales my friends! Below is a list of companies who raised funding and what they need to buy. Let's find the money and make some deals!

Blackrock Neurotech receives $200M investment from Tether

Blackrock Neurotech (Linkedin), a leading brain-computer-interface (BCI) technology company, has secured a $200M investment from Tether. With a focus on medical solutions for individuals with neurological disorders, Blackrock Neurotech aims to transform the lives of those affected by paralysis and lost function.

Investment Amount: $200 million

Industry: Medical Equipment Manufacturing

Employee Count: 51-200

CEO: Marcus Gerhardt (CEO Linkedin)

What Blackrock Neurotech needs to buy: Blackrock Neurotech is seeking partnerships with manufacturers, research institutions, and healthcare technology providers. Companies specializing in medical devices, precision electrode technology, and marketing and sales expertise are ideal partners to support Blackrock Neurotech's mission of advancing BCI technology and reaching their target market effectively. ,

Island Raises $175M in Growth Funding

Island (Linkedin), a leading software development company based in the United States, has secured $175 million in growth funding, propelling their valuation to an impressive $3 billion. With a focus on advanced security and network controls, Island is poised to cater to enterprise customers in high-security industries, while providing a seamless browsing experience for hybrid workers.

Funding Amount: $175 million

Industry: Software Development

Employee Count: 51-200

CEO: Michael Fey (CEO Linkedin)

What Island needs to buy: Companies specializing in research and development, marketing and sales support, and technology integration are ideal partners for Island. By collaborating with these entities, Island can continue to enhance their enterprise browser and security features, expand their market reach, and seamlessly integrate their solution into existing enterprise systems. ,

Corelight Raises $150M in Series E Funding

Corelight (Linkedin), a leading open network detection and response (NDR) company, has secured $150 million in Series E funding. With a focus on AI-driven security innovation and cloud-native capabilities, Corelight aims to strengthen its position in the cybersecurity industry and expand its customer base.

Funding Amount: $150 million

Industry: Computer and Network Security

Employee Count: 201-500

CEO: Brian Dye (CEO Linkedin)

What Corelight needs to buy: Corelight is seeking partnerships with cybersecurity platforms and next-generation SIEM providers to enhance their capabilities for security teams, SOC analysts, and incident response teams. Companies specializing in AI and security technology, as well as marketing and sales services, are ideal partners to support Corelight's market expansion and innovation efforts. ,

Arbol raises $60M in Series B Funding

Arbol (Linkedin), a climate risk solutions provider, has secured $60M in Series B funding to support their global expansion and investment in property and casualty insurance. With a focus on climate risk management, Arbol aims to collaborate with banks, financial institutions, and the insurance industry to address the challenges posed by climate volatility.

Funding Amount: $60 million

Industry: Software Development

Employee Count: 51-200

CEO: Siddhartha Jha (CEO Linkedin)

What Arbol needs to buy: Arbol is seeking partnerships and collaborations with global datasets providers, insurance carriers, and technology companies to further develop their climate risk solutions. Companies specializing in automated structuring, AI-powered underwriting, and regulatory compliance can support Arbol in expanding their reach and ensuring compliance with insurance operations and acquisitions.

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AiDash raises $58.5M in Series C Funding

AiDash (Linkedin), an enterprise SaaS company, has secured $58.5M in Series C funding, bringing their total funding to $91.5M. They specialize in providing AI-powered solutions for critical infrastructure industries, helping them achieve sustainability and climate resilience goals.

Funding Amount: $58.5 million

Industry: Software Development

Employee Count: 201-500

CEO: Rahul Saxena (CEO Linkedin)

What AiDash needs to buy: Companies specializing in satellite technology, AI development, and marketing and sales support are ideal partners for AiDash. These collaborations will help AiDash enhance their AI-powered solutions, expand their market reach, and acquire new customers in critical infrastructure industries.

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beehiiv raises $33M in Series B Funding

beehiiv (Linkedin), an email newsletter platform, recently secured $33M in Series B funding to enhance their platform capabilities, improve user experience, and accelerate user acquisition. With clients like Boston Globe Media and Arnold Schwarzenegger, beehiiv is the go-to solution for publishers and content creators looking to engage, grow, and monetize their audience through email newsletters.

Funding Amount: $33 million

Industry: Software Development

Employee Count: 11-50

CEO: Tyler Denk (CEO Linkedin)

What beehiiv needs to buy: Companies specializing in engineering and support services, marketing and user acquisition, and brand partnerships are ideal partners for beehiiv. These collaborations will help beehiiv enhance their platform, attract more users, and create sponsorship and ad network integration opportunities for monetization. ,

SafeBase raises $33M in Series B Funding

SafeBase (Linkedin), a leading provider of security review platforms, has secured $33M in Series B funding. This investment will fuel their expansion efforts and further enhance their Trust Center Platform and AI Questionnaire Assistance products.

Funding Amount: $33 million

Industry: Software Development

Employee Count: 51-200

CEO: Al Yang (CEO Linkedin)

What SafeBase needs to buy: SafeBase is seeking partnerships with cybersecurity and technology companies to expand their platform's capabilities. They are also looking for resources to support marketing efforts and sales activities to attract new customers and maintain existing relationships. Companies specializing in security, governance, risk, and compliance, as well as those focused on accelerating sales velocity, are ideal partners for SafeBase's growth and success. ,

Inhabitr raises $27M in Series B Funding

Inhabitr (Linkedin), an AI-powered commercial real estate furnishing platform, recently secured $27M in Series B funding to drive growth in the B2B sector and expand into the Middle Eastern and UK markets. With their end-to-end solutions for design, procurement, installation, and financing, Inhabitr aims to serve commercial real estate owners and operators in the hospitality, multifamily, and student housing sectors.

Funding Amount: $27 million

Industry: Software Development

Employee Count: 51-200

CEO: Ankur A. (CEO Linkedin)

What Inhabitr needs to buy: Suppliers and factory partners in the furniture industry, market expansion support for the Middle Eastern and UK markets, and marketing and sales expertise are ideal partners for Inhabitr. These companies can help Inhabitr offer a wide range of high-quality furniture solutions, support their market entry and expansion, and effectively reach and serve their target market. ,

Qlaris Bio raises $24M in Series B Funding

Qlaris Bio (Linkedin), a clinical-stage biotechnology company, has secured $24M in Series B funding to advance their novel therapies for ophthalmic diseases. With a focus on reducing intraocular pressure, Qlaris Bio aims to provide effective treatments for patients suffering from glaucoma and related conditions.

Funding Amount: $24 million

Industry: Biotechnology Research

Employee Count: 2 - 10

CEO: Thurein Htoo (CEO Linkedin)

What Qlaris Bio needs to buy: Qlaris Bio is seeking partnerships with clinical research organizations, manufacturers, and marketing agencies to support their clinical trials, manufacturing processes, and market reach. Companies specializing in ophthalmic research, manufacturing, and marketing expertise are ideal partners to help Qlaris Bio bring their innovative therapies to patients in need. ,

Vitestro Raises $22M in Funding

Vitestro (Linkedin), a Netherlands-based medical equipment manufacturer, recently secured $22 million in funding to further develop their autonomous blood drawing device. With a total funding of $50 million, Vitestro aims to revolutionize blood draw procedures in hospitals and laboratories, providing accurate and patient-friendly solutions.

Funding Amount: $22 million

Industry: Medical Equipment Manufacturing

Employee Count: 51-200

CEO: Toon Overbeeke (CEO Linkedin)

What Vitestro needs to buy: Vitestro is seeking partnerships with research institutions, technology companies, and manufacturers to enhance their autonomous blood drawing device, scale production, and ensure a reliable supply chain. Companies in the healthcare technology industry, medical robotics, artificial intelligence, and imaging software can benefit from collaborating with Vitestro to bring innovative solutions to the healthcare market.

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