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April 25, 2024 - Deals

Amplifier Security Secures $3.3 Million Pre-Seed Investment Led By Industry Founders

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Amplifier Security, led by CEO and Co-Founder Shreyas Sadalgi, has secured a substantial $3.3 million pre-seed investment, backed by industry luminaries and founders of companies such as Slack and MobileIron. The company, emerging from stealth mode, aims to revolutionize security operations by introducing AI-powered human-in-the-loop automation, bridging the gap between security tools and employees. With a vision to engage users in the security process, Amplifier's platform, including its AI security buddy "Ampy," facilitates real-time triaging of alerts and self-healing of security issues while maintaining user productivity. The startup's innovative approach, focusing on both technology and people, marks a significant shift in cybersecurity strategies, addressing the evolving challenges faced by modern workplaces. HQ: #SiliconValley #California #VentureCapital #ShreyasSadalgi #StewartButterfield #AmplifierSecurity #CotaCapital #WestWaveCapital #ShiftLeftVentures #TradedVC

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Philip Morris International Inaugurates $1.2 Billion Manufacturing Campus In Aurora ColoradoPhilip Morris International inaugurated a $1.2 billion manufacturing campus in Aurora, Colorado, to expand production of its Zyn nicotine pouches, doubling its original investment plan of $600 million amid rising demand for smoke-free products. The 780,000-square-foot facility, which began commercial production this month, is PMI’s first greenfield manufacturing complex in the U.S. and is expected to create around 500 jobs while strengthening the company’s supply chain and global distribution capacity. Stacey Kennedy, CEO of PMI U.S., said the investment reflects the company’s commitment to expanding U.S. manufacturing and supporting long-term growth. FOUNDER: Philip Morris AMOUNT: $1,200,000,000 HQ: Stamford, Connecticut #VentureCapital #PhilipMorrisInternational #PhilipMorris #TradedVC
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Plantopia Secures $9 Million Funding From Schreiber Foods And Siddhi Capital In Sdot YamPlantopia, a Sdot Yam, Israel-based developer of molecular farming platforms and bio-engineered alternative dairy proteins, raised $9 million in funding, bringing its total capital raised to more than $16 million. The round was led by global dairy producer Schreiber Foods and food-tech investment firm Siddhi Capital, with the company planning to use the funds to launch its commercial manufacturing facility at Kibbutz Sdot Yam in Q3 2026 and scale production of its crop-derived protein assets. Led by co-founders Tal Lutzky and Amir Tiroler, Plantopia uses molecular farming technology to engineer plants that produce cow-free casein, enabling the development of lactose-free mozzarella and functional cheeses without livestock. FOUNDERS: Tal Lutzky & Amir Tiroler INVESTORS: Schreiber Foods & Siddhi Capital AMOUNT: $9,000,000 HQ: Sdot Yam, Israel #VentureCapital #Plantopia #TalLutzky #AmirTiroler #TradedVC
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Antares Labs Secures $7.25 Million Seed Funding From Fifth Wall, Base10 Partners, Bloomberg Beta And Sandwith VenturesAntares Labs has publicly launched with a $7.25 million seed funding round backed by Fifth Wall, Base10 Partners, Bloomberg Beta, and Sandwith Ventures. Incubated within Fifth Wall, the company is focused on building custom AI systems that are embedded directly into real estate organizations to help owners, developers, investors, and asset managers turn proprietary data and institutional knowledge into actionable intelligence. Antares Labs is led by CEO Noaman Ahmad, a former executive at Keystone and Doma, and is already working with major owner-operators, including Quarterra, to deploy AI solutions that improve decision-making across real estate operations. FOUNDER: Noaman Ahmad INVESTORS: Fifth Wall, Base10 Partners, Bloomberg Beta & Sandwith Ventures ROUND: Seed AMOUNT: $7,250,000 HQ: Chicago, Illinois #VentureCapital #AntaresLabs #NoamanAhmad #TradedVC
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Procode Raises $10 Million Series A From Health Velocity Capital And Story VenturesLos Angeles-based Procode, an AI-powered revenue cycle management (RCM) company for surgeons, has raised a $10 million Series A backed by Health Velocity Capital, Story Ventures, and Dmitry Shevelenko, bringing its total funding to $14 million. Founded in 2024 by Jeff Cripe, Dr. Kam Rezzadeh, and James Baez-Silva, Procode develops intelligent medical billing infrastructure designed to reduce administrative workload and maximize reimbursement for providers. The company currently serves more than 350 plastic surgery and dermatology providers through its acquisition of The Auctus Group and plans to expand its AI-powered medical billing services across every surgical specialty. FOUNDERS: Jeff Cripe, Dr. Kam Rezzadeh & James Baez-Silva INVESTORS: Health Velocity Capital, Story Ventures & Dmitry Shevelenko ROUND: Series A AMOUNT: $10,000,000 TOTAL FUNDING: $14,000,000 HQ: Los Angeles, California #VentureCapital #Procode #TradedPartner #PlasticSurgery #TradedVC