Tech startups such as Segmed, Cognitive Credit, CeresAI, 3forge, Re-Leased, among others, have raised VC funding from venture capital firms.
Segmed raises $10.4 mn
Segmed, a provider of imaging data for healthcare sector, has raised $10.4 million in a Series A funding round.
The VC funding was led by iGan Partners and Advocate Health, with participation from Castellan Group, Engine Health Capital, Bold Brain Ventures, Fox Chase Cancer Center, and current investors including Y Combinator, Nina Capital, Nova Capital, Blumberg Capital, and Expeditions Fund.
Segmed will use the new funding to expand its footprint in the healthcare AI space as well as to bring medical imaging to the biopharmaceutical and life science world.
Cognitive Credit raises $10 mn
Cognitive Credit, a data and analytics software provider, has raised $10 million in a Series B round led by ETFS Capital, with the participation of existing investor XTX Ventures.
Cognitive Credit will use the VC funding to expand into more markets and enhancing its product offering, investing in algorithmic debt valuation and AI solutions for institutional investors.
Cognitive Credit has raised $25 million to date.
Since its Series A capital raise in late 2021, Cognitive Credit has quadrupled its client base, more than doubled its internal team size, and increased ARR by over 7x.
CeresAI secures Series D funding
CeresAI, a data and analytics provider that helps growers, lenders and insurers reduce their farming risk and improve yields, revealed a Series D capital raise led by Remus Capital.
Ceres has collected 12+ billion plant-level data points from 40 different crop types across four different continents. These AI-powered insights help customers manage and operate their land, mitigate risk, underwrite policies, and report sustainability metrics.
3forge secures investment
3forge, a provider of code solutions for business-critical applications, has received investment from Morgan Stanley. This is the first time 3forge has raised external capital since launching in 2011.
Developers use 3Forge platform to build enterprise applications. 3forge’s technology has enabled the development and deployment of front-end applications with a focus on real-time data integration, virtualization, processing and visualization.
3forge will the funds to accelerate 3forge’s global go-to-market strategy and expand its development community.
Re-Leased raises $12.5 mn
Re-Leased, a property software company, has raised $12.5 million, led by Movac, with participation from Icehouse Ventures and existing investors.
Re-Leased will use the VC funding to boost the use of AI within its software (which it has built out with the launch of its AI-tool Credia) and give early investors liquidity. The capital will also assist in funding its continued expansion in the UK and US.
