- Genius AI has raised $44M in Series D funding led by Lux Capital, with participation from Bessemer Venture Partners, Imaginary Ventures, L Catterton Growth, 2048 Ventures, StepStone Private Ventures, and other existing investors, bringing the company’s total capital raised to more than $125M.
- MeridianMade has raised $20.3M in funding according to a recent SEC filing.
- Smash Foods has raised $18M in Series A funding led by L Catterton, with participation from The Family Fund and Eclair Ventures.
- firsthand, a mental health platform that supports underserved people living with serious mental illnesses, has raised $10M in funding according to a recent SEC filing.
- Cashboard has raised $5M in Seed funding led by FINTOP with participation from TTV Capital.
- Trivora Insurance has raised $4.6M in funding according to a recent SEC filing.
- Shelsky’s has raised $542K in funding according to a recent SEC filing.
- Nuvola Spirits has raised Rs 2.69 crore from United Spirits Ltd., which will acquire a 10.08% stake in the company.
- 90+ My Tuition App has received a strategic investment from Equity Intelligence, led by investor Porinju Veliyath.
- OnGrid has launched Veriffy, a direct-to-consumer platform that enables individuals to conduct background checks for personal use.
Genius AI has successfully raised $44 million in Series D funding, led by Lux Capital and supported by notable investors such as Bessemer Venture Partners and L Catterton. This funding will enhance its platform that automates various workflows for in-person service businesses, bringing its total capital raised to over $125 million.13
In the health care sector, MeridianMade has secured $20.3 million to develop new consumer products, as indicated by a recent SEC filing. This investment reflects the increasing demand for innovative health solutions.2
Meanwhile, Smash Foods, known for its superfood fruit spreads and snacks, raised $18 million in Series A funding, with L Catterton leading the round alongside The Family Fund and Eclair Ventures. This funding will support the brand's growth in the competitive consumer packaged goods market.
These funding rounds illustrate a robust interest in technology and health care, showcasing the potential for growth in these sectors as investors seek to capitalize on emerging trends.
“Genius AI's funding round was led by Lux Capital, with participation from several notable investors, bringing its total capital raised to over $125M. Meanwhile, firsthand, a mental health platform, has also raised $10M, highlighting the growing interest in health tech startups.”
AlleyWatch
