Daily funding roundup - Dec. 1st, 2020
WaveOne has raised $6.5M; Databand landed $14.5M; Proscia has secured $23M
Reposite: Reposite is a New York-based maker of a database that helps travel agents manage suppliers and clients, track proposals. Reposite and better manage their business, has raised $2.5 million in funding. Liberty City Ventures led the round. Read more
BuildBuddy: BuildBuddy is a Palo Alto, Ca.-based startup whose software helps developers compile and test code quickly using both open-source and proprietary tools. BuildBuddy has raised $3.15 million in seed funding from Y Combinator (it just passed through YC's accelerator), Addition, Scribble and Village Global, among others. Read more
AirDeck: AirDeck is a Madison, Wi.-based platform that helps users create narrated presentations and documents for on-demand viewing. AirDeck has raised $3.4 million in funding led by Rock River Capital Partners and Cultivation Capital, with additional participation from Revolution's Rise of the Rest Seed Fund and Winnebago Seed Fund. Read more
WaveOne: WaveOne is a Bay Area-based startup working on the context-adaptive compression of digital media. WaveOne has raised $6.5 million in seed funding, led by Khosla Ventures, with added participation from Vela Partners, Incubate Fund, Omega Venture Partners and Blue Ivy. Read more
Newomics: Newomics is a Berkeley, Ca.-based developer of mass spectrometry devices. Newomics has raised $7.9 million in Series B funding. MSA Capital led, joined by LDV Partners, Berkeley Catalyst Fund and the Photon Fund. Read more
Totum Labs: Totum Labs is a San Diego, Ca.-based satellite tracking company. Totum Labs has raised $13 million in Series A funding. Heroic Ventures and Space Capital co-led the round, joined by Qualcomm cofounder Andrew Viterbi, among others. Read more
iVexSol: iVexSol is a Worcester, Ma.-based viral vector manufacturing company. iVexSol has raised $13 million in Series A funding, including from Casdin Capital and BioLife Solutions. Read more
Databand: Databand is a New York-based AI-based observability platform for data pipelines. Databand has raised $14.5 million in Series A funding. Accel led the round, joined by Blumberg Capital, Lerer Hippeau, Ubiquity Ventures, Differential Ventures and Bessemer Venture Partners. Read more
Proscia: Proscia is a software company that provides digital and computational pathology solutions. Proscia has raised $23 million in Series B funding led by Scale Venture Partners, with participation from Hitachi Ventures, the strategic corporate venture capital arm of Hitachi. Read more
Spotlight Therapeutics: Spotlight Therapeutics is a San Francisco-based company that's developing non-viral gene editing therapeutics for direct in vivo editing of target gene. Spotlight Therapeutics has raised $30 million in Series A funding led by GV, with added participation from unnamed investors. Read more
GoSite: GoSite is a San Diego-based website building platform for small and medium-size businesses. GoSite has raised $40 million in Series B funding led by Left Lane Capital. Other participants in the round include Longley Capital, Cove Fund, Stage 2, Ankona Capital and Serra Ventures. Read more
Tallac Therapeutics: Tallac Therapeutics is a Burlingame, Ca.-based biotech startup at work on cancer immunotherapies. Tallac Therapeutics has raised $62 million in Series A funding from VenBio Partners, Morningside Ventures, Lightstone Ventures, Matrix Partners China and MRL Ventures Fund. Read more
Lyra Health: Lyra Health is a Burlingame, Ca.-based provider of mental health care benefits for employers. Lyra Health has raised an undisclosed amount of extended Series D funding, three months after closing on a $110 million round led by Addition. PLUS Capital led the new tranche, joined by numerous celebrities and athletes, including Cameron Diaz, Nicole Kidman, Klay Thompson, and Tony Gonzalez. Read more
Scale AI: Scale AI is a San Francisco-based startup that says it accelerates the development of AI applications by helping machine learning teams generate high-quality ground truth data. Scale AI has closed on $155 million in funding. Tiger Global Management led the round. Read more
Olive: Olive is a Columbus, Oh.-based company that developes an artificial intelligence workforce for the health care industry. Olive has raised $225.5 million in new funding. Tiger Global Management led the round, joined by earlier backers General Catalyst, Drive Capital and Silicon Valley Bank New investors GV, Sequoia Capital, Dragoneer Investment Group and Transformation Capital Partners also joined the round. Read more
Image by Gerd Altmann from Pixabay
If you are interested in being included in our funding roundup, submit your press release or blog post about your financing round to kristin@vator.tv. If you want a longer write-up, please do give us a couple of days heads up. If you'd like to be included in our Today's Entrepreneur column, please send me your Vator profile.
Kristin Karaoglu
Woman of many skills: Database System Engineer; SplashX event producer; Author of Startup Teams
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