Small Business Finance News
Venture Capital Deals: August 8, 2022
Written by Ken Gaebler
Published: 8/8/2022
From Avicena to Zayzoon, we've got you covered for the latest venture capital investments. Here are 16 new VC deals for August 2022.
Our list of August 2022 VC deals continues to grow, as does our entire venture capital transactions database.
Here are sixteen tech companies that have raised new venture funding this month.
Avicena
Avicena closed a $25 million Series A funding round. Investors included Cerberus Capital Management, Clear Ventures, Samsung Catalyst Fund and Micron Ventures. The company develops chip-to-chip interconnects and is based in Mountain View, California.
Axio
New York-based Axio, which provides a SaaS platform for cyber risk qualification and evaluation, raised $23 million in a Series B funding round led by ISTARI, with participation from prior investors IA Capital Group, Distributed Ventures and Bob Dudley.
Cera
UK-based Cera, which offers in-home long-term healthcare services, has landed a $320 million equity and debt round. Investors included Kairos HQ, Evolve HealthCare Partners, Vanderbilt University, Schroders Capital, Squarepoint Capital, Guinness Asset Management, Jane Street Capital, Yabeo Capital, Oltre Impact, 8090 Partners and Robin Klein.
Cybrary
Cybrary, which provides cybersecurity training, raked in $25 million in new funding. The Series C round was co-led by BuildGroup and Gula Tech Adventures. The company is based in College Park, Maryland.
Emitrr
Emitrr, which has a task automation platform for small businesses, raised $4 million in investment capital. Chiratae Ventures took the lead on the round, partnering with FortyTwo VC, Venture Highway and Axilor Ventures.
Flow Security
Tel Aviv-based Flow Security closed a $10 million seed funding round led by Amiti. GFC, Amdocs Ventures and various angel investors also joined the funding round. Flow Security's data security platform helps organizations overcome security challenges by continuously mapping and detecting all data-related risks for an improved data security posture.
Footprint
New York-based Footprint, an early-stage startup, raised $6 million in seed funding. Index Ventures led the round, with support from BoxGroup, K5 Global, Lerer Hippeau, Not Boring Capital, Operator Partners and Palm Tree Crew. Footprint wants to transform the way companies collect information, while helping consumers control their own data
Gym Class
Los Angeles-based Gym Class now has an additional $8 million to further develop and market its VR basketball app. Andreessen Horowitz led the seed funding round with support from Y Combinator.
IDRx
IDRx, which is working on novel cancer therapies, scored $122 million in a Series A round that attracted Andreessen Horowitz and Casdin Capital as lead investors. They were joined by Nextech Invest and Forge Life Science Partners. The company is based in Plymouth, Massachusetts.
Locket App
Sam Altman led a $12.5 million round for Locket, an app developer focused on homescreen photo sharing. Altman was joined by Sugar Capital, Costanoa Ventures, Mike Krieger and Adam D'Angelo.
MarqVision
Los Angeles-based MarqVision, which protects brands from counterfeiters, secured $20 million in new funding. The Series A round gathered investment from Atinum Investments, DST Global Partners, SoftBank, Bass Investment and Y Combinator.
Niche.club
Los Angeles-based Niche landed seed funding, with a $1.8 million round led by MetaWeb, with participation from Alumni Ventures Group. Niche is a new web3 social media platform.
Savana BPM
Savana, which develops customer engagement and account management solutions for financial firms, raised $45 million in new growth capital. The Series A funding round was led by Georgian. The company is based in Malvern, Pennsylvania.
Vetted by Parli
San Francisco-based Vetted, a search engine focused on product search, has raised $15 million in Series A funding. Insight Partners led the round, with participation from Bling Capital, Index Ventures and Golden Ventures.
Vori
Vori just landed $10 million in venture capital. The Series A funding round was led by The Factory, with Greylock, E2JDJ, MKT1, and Mollie Stone's Markets also investing. Based in East Palo Alto, California, the company develops and markets a B2B inventory management platform.
ZayZoon
Canadian startup ZayZoon, which allows employees to instantly access their earned wages on-demand, raised $12.5 million. Carpe Diem Investments and Alpenglow Capital led the round, with participation from InterGen Capital and Prairie Merchant Corporation.
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