AWAK Technologies, a 16-year-old Singapore company that makes portable dialysis machines, raised a $20 million Series B round co-led by Lion X Ventures and Vickers Venture Partners, with additional participation from Advanced MedTech and Eckuity Capital. The company has raised a total of $77.2 million. More here.
Beam Benefits, an 11-year-old startup based in Columbus, Oh., that offers benefits administration services, raised a $40 million round at a $200 million valuation, a 25% increase over its previous round in 2021. Georgian, an earlier backer, led the transaction. The company has raised a total of $208.4 million. FinTech Global has more here.
Evolectric, a four-year-old startup based in Long Beach, Ca., that develops technologies to help fleet owners convert their gas-powered vehicles to EVs, raised a $15 million round. Seismic Capital led the deal. More here.
Gooder Foods, a three-year-old startup based in Santa Cruz, Ca., that markets noodle products under the brand name Goodles, raised a $13 million Series A round. L Catterton was the deal lead, with previous investors Springdale, Third Craft Partners, Willow Growth, Alumni Ventures, GingerBread Capital, IMG-Endeavor, Cosmic VC, and Electric Feel Ventures also participating. The company has raised a total of $23.2 million. More here.
Iomed, a seven-year-old Barcelona startup that uses Natural Language Processing to extract data from medical records, clinical trials, and patient surveys, raised a $10.7 million Series A round co-led by Philips Ventures and XTX Ventures, with Fondo Bolsa Social and Redseed also joining in. The company has raised a total of $14.9 million. More here.
Linear, a four-year-old San Francisco startup that provides a collaborative workspace for software development teams, raised a $35 million Series B round led by Accel, with Sequoia Capital and 01Advisors also chipping in. The company has raised a total of $52.2 million. More here.
Moment, a New York startup whose APIs allow financial institutions to streamline fixed income trading, embed fixed income reference data, and manage risk, raised a $17 million Series A round from Andreessen Horowitz, with additional funds provided by Venrock, Contrary, Neo, and Henry Kravis. The company has raised a total of $20 million. More here.
Revel, a three-year-old Spanish startup that enables consumers to lease cars through what the company describes as a subscription service, raised $16 million in equity and $106.7 million in debt. Investors included KKR and Santander Consumer Finance. TechCrunch has more here.
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