Daily funding roundup - April 15th, 2020

Kristin Karaoglu · April 16, 2020 · Short URL: https://vator.tv/n/5005

AI.Reverie raised $5.6M; Atlas AI landed $7M; Nelumbo secured $14M; Perspectum picks up $36M

AI.Reverie: AI.Reverie is a simulation platform that's trying to generate synthetic data to train airport simulation, weapons detection, cashier-less shopping and delivery bot algorithms, among other projects. AI.Reverie has raised $5.6 million in funding. Vulcan Capital led the round and was joined by Compound, In-Q-Tel, Resolute Ventures, SGInnovate, TechNexus, and Triphammer Ventures. Read more 

Atlas AI: Atlas AI is trying to estimate socioeconomic indicators by combining satellite imagery and other data with the latest advances in artificial intelligence. Atlas AI has raised $7 million in Series A funding. Airbus Ventures led the round, joined by Micron Technology and earlier investor The Rockefeller Foundation. Read more 

Credit Kudos: Credit Kudos is a U.K-based fintech for credit scoring platform. Credit Kudos has raised £5 million ($6.25 million) in Series A funding. AlbionVC led the round, joined by TriplePoint, Plug & Play Ventures, Ascension Ventures, and Entrepreneur First. Read more

Nifty Games: Nifty Games develops head-to-head sports games for mobile devices. Nifty Games has raised $12 million in Series A funding. March Capital Partners led the round, joined by Xiomatic Gaming, Defy Partners, Vulcan Capital, Courtside Ventures, Transcend Fund, Century Game, and OneTeam Ventures. Read more 

Nelumbo: Nelumbo focuses on advanced-surface modifications and on developing improved heat exchangers for the HVAC market specifically for now. Nelumbo has raised $14 million in funding as part of its Series A. Prime Mover’s Lab and University of Tokyo Edge Capital co-led the round, joined by Safar Partners, Darwin Venture Management, and Neue Fund. Read more

Perspectum: Perspectum is providing software that can take data from MRI scans to detect and monitor multiple diseases. Perspectum has raised a $36 million round of funding co-led by the Blue Venture Fund and HealthQuest Capital. Oxford Science Innovation, Puhua Capital, the University of Oxford and other existing investors also participated. Read more

Awake Security: Awake Security is an advanced network traffic analysis company. Awake Security has raised $36 million in Series C funding. Evolution Equity Partners led the round, joined by Energize Ventures, Liberty Global Ventures, and earlier backers Bain Capital Ventures and Greylock Partners. Read more 

Cerevance: Cerevance is a drug discovery and development company focused on brain diseases. Cerevance has raised $45 million in Series B funding. GV, Bill Gates, and Foresite Capital invested, along with Takeda Ventures, the Dementia Discovery Fund, and Lightstone Ventures. Read more 

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.

Photo by Sharon Pittaway on Unsplash

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Kristin Karaoglu

Woman of many skills: Database System Engineer; SplashX event producer; Author of Startup Teams

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