Daily funding roundup - August 16th, 2021

Kristin Karaoglu · August 17, 2021 · Short URL: https://vator.tv/n/52e7

Innovusion raised $66M; BrainIQ landed $40M; Baffle secured $20M

Divvy Homes: Divvy Homes is a San Francisco-based proptech startup that buys homes that it then rents back to their would-be purchasers. Divvy Homes has raised $200 million in Series D funding. Tiger Global and Caffeinated Capital co-led the round, joined by earlier backers Andreessen Horowitz, GGV Capital, GIC, and Moore Specialty Credit. Read more 

Innovusion: Innovusion is a Sunnyvale, Ca.-based LiDAR developer. Innovusion has raised $66 million in Series B funding. Guotai Junan International Holdings and Shunwei Capital led the round, joined by Shunwei Capital and earlier investors Nio Capital, F-Prime Capital, Eight Roads Ventures and Temasek. Read more

BrainIQ: BrainIQ is a Bay Area-based company whose parent, Posit Science, was founded in 2002 and that makes a whole-brain magnetic field generator device to stimulate the damaged part of a brain following a stroke and promote self-repair. BrainIQ has raised $40 million in funding. Read more 

Figment: Figment is a Toronto, Canada-based blockchain infrastructure company. Figment has raised $50 million in Series B funding led by Senator Investment Group and Liberty City Ventures. Other participants in the round, and there are many, include Galaxy Digital, Anchorage Digital, Declaration Partners, and Bonfire Ventures. Read more

Tropic: Tropic is a New York-based SaaS buying platform. Tropic has raised $25 million in Series A funding. Canaan Partners led the round, joined by Founder Collective and Shine Capital. Read more

Baffle: Baffle is a Bay Area-based startup that aims to prevent data breaches by keeping data encrypted from production through processing. Baffle has raised $20 million in Series B funding. Celesta Capital led the round, joined by National Grid Partners, Lytical Ventures and Nepenthe Capital. Read more 

ThirdAI: ThirdAI is a Houston, Tex.-based startup that's building tools to speed up deep learning technology without the need for specialized hardware like graphics processing units. ThirdAI has raised $6 million in seed funding. Neotribe Ventures, Cervin Ventures, and Firebolt Ventures led the round. Read more 

Buildable: Buildable is a Toronto-based low-code software development system. Buildable has raised $3 million in seed funding. Ripple Ventures led the round, joined by Golden Ventures, Richard & Michael Hyatt, and Village Global. 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.

Image by Colin Behrens from Pixabay

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Kristin Karaoglu

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

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