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The AlleyWatch Startup Daily Funding Report: 9/15/2022

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Denim, a financial enablement platform for the freight forwarding industry, has raised $26M in Series B funding led by Pelion Venture Partners. Founded by Bharath Krishnamoorthy and Shawn Vo in 2019, Denim has now raised a total of $40.2M in reported equity funding. AlleyWatch broke the news in an exclusive covering the round and much more – Denim Rebrands and Raises $26M for its Financial Enablement Platform for Freight Forwarders

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Gameto

$17M – venture

Gameto, a biotech startup focused on developing treatments for reproductive diseases, has raised $17M in venture funding led by Insight Partners. Founded by Martin Varsavsky and Pranam Chatterjee in 2020, Gameto has now raised a total of $40M in reported equity funding.

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Ethic

$50M – Series C

Ethic, a sustainability-focused asset management platform, has raised $50M in Series C funding led by Jordan Park. Founded by Doug Scott, Jay Lipman, and Johny Mair in 2015, Ethic has now raised a total of $98.8M in reported equity funding.

Power Finance

$16.1M – Seed

Power Finance, a cloud-native credit card issuer, has raised $16.1M in Seed funding led by Fin Capital and Anthemis Group. Power Finance was founded by Andrew Dust and Randy Fernando in 2021.

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CYBERA

$5M – venture

CYBERA, a cybercrime prevention platform, has raised $5M in venture funding led by Converge VC and New North Ventures. Founded by Claudio Staub, Nicola Staub, and Sudip Biswas in 2020, CYBERA has now raised a total of $10M in reported equity funding.

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