Tech companies such as Starboard, Nuon, Keepit, Chargezoom, Brightly, among others, have raised VC funding from venture capital companies.
Starboard Raises $5.5 mn
Starboard, an AI-powered logistics solutions provider, secured $5.5 million in funding led by Eclipse, with Garuda Ventures and Everywhere Ventures participating. The investment supports Starboard’s mission to simplify global trade through its digital platform.
Leveraging AI and machine learning, Starboard reduces operational costs by up to 50 percent, helping freight operators optimize operations. The company plans to expand its engineering team in Toronto and accelerate product development to transform the global supply chain.
Nuon Raises $16.5 mn
Nuon has raised $16.5 million in VC funding led by M12, Uncork Capital, and Redpoint Ventures, Alumni Ventures, Essence VC, Mantis VC, Red Swan Ventures and angel investors Quinn Slack, Richie Artoul and Michael. The BYOC platform enables SaaS companies to deliver vendor-like experiences within customers’ cloud accounts, enhancing compliance, security, and data sovereignty.
With a focus on AI and data infrastructure, Nuon’s early access platform is already powering several companies. The funding will drive product development and general availability by Q1 2025.
Keepit Secures $50 mn
Keepit, a cloud-native data protection and backup provider, announced a $50 million funding round led by One Peak and EIFO. This marks Keepit’s third equity investment in four years, bringing its total funds raised to $90 million.
Keepit plans to utilize the funds to accelerate global expansion in the US, Europe, and other key markets. The investment will also enhance product innovation, including expanded workload coverage and advanced data management capabilities, further solidifying Keepit’s position as a leader in SaaS data protection, supporting over 5 million users globally.
Chargezoom Raises $11.5 mn
Chargezoom, an AI-powered billing and integrated payments platform, closed an $11.5 million Series A funding round led by Kickstart Fund, with participation from Motley Fool Ventures, Early Light Ventures, Frazier VC, Adly, SaaS Venture Capital, Stout Street Capital, and Okapi Venture Capital.
The funding will fuel the scaling of Chargezoom’s platform, which simplifies accounts receivable for businesses seeking more agile financial processes. The company has now raised a total of $13.5 million, following its $2 million Seed round in 2021, positioning itself as a leader in reimagining financial workflows for businesses.
Brightly Secures $2.3 mn
Brightly, a climate-tech startup combating food waste and climate change, raised an oversubscribed $2.3 million seed round led by Schreiber Foods. Other participants include G-Force, Collaborative Fund, Clear Current Capital, and Windsail Capital.
Brightly quantifies and monetizes methane emissions avoided by non-profits diverting edible food from landfills, creating high-quality carbon credits for food producers, manufacturers, and retailers. This innovative solution addresses methane’s significant climate impact while funding food rescue organizations and tackling food insecurity.
