Butter, a two-year-old San Francisco startup that works with the existing payments infrastructure of its clients in order to reduce churn, raised a $22 million Series A round led by Norwest Venture Partners, with Atomic, Transpose Platform, and Spring Tide Capital also participating. The company has raised a total of $28.8 million. Forbes has more here.
Digitail, a six-year-old Palo Alto startup that automates the administrative tasks of veterinarians, raised an $11 million Series A round led by Atomico, with Gradient, by Founders, and Partech also chipping in. The company has raised a total of $14.7 million. TechCrunch has more here.
Mondu, a one-year-old Berlin startup that operates a buy-now-pay-later service for B2B providers, raised a $13 million Series A extension round, increasing the size of the round to $56 million. The lead investor was Valar Ventures, with FinTech Collective also joining in. The company has raised a total of $90 million. Tech.eu has more here.
No Meat Factory, a Canadian startup that produces alternative proteins for third-party customers, raised a $42 million Series B round led by Tenglemann Growth Partners and including previous investor Emil Capital Partners. The company has raised a total of $60 million. TechCrunch has more here.
Oula, a three-year-old Brooklyn startup that operates a maternity clinic and remote care platform, raised a $19 million Series A round led by 8VC, with additional participation from Metrodora (Chelsea Clinton's fund), the Female Founders Fund, Collaborative Fund, and Alumni Ventures. The company has raised a total of $22.3 million. Axios has more here.
Rapid Silicon, a one-year-old silicon startup based in Los Gatos, Ca., that provides domain-specific integrated circuits for using a combination of open-source software and proprietary AI technology, raised a $15 million Series A round led by Cambium Capital. The company, which told TechCrunch that it expects to close a $15 million extension of its Series A within the next few months at an $80 million pre-money valuation, has raised a total of $30 million. More here.
Welcome Homes, a New York startup that offers consumers the ability to design and build new homes online, announced today that it raised a $29 million Series A round this past September of 2022. Era Ventures was the deal lead; additional investors included Parker89, Montage Ventures, Foundamental, Global Founders Capital, Activant Capital, Gaingels, Elefund, and Arkin Holdings. The company has raised a total of approximately $35 million. Its founders previously cofounded the cloud computing company DigitalOcean. TechCrunch has more here.
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