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First, the companies represented in the Series B and C line are a mix of companies that Redpoint would “want to look at,” according to Logan Bartlett, a managing director at the venture firm.
Source: https://techcrunch.com/2023/04/04/whats-a-fair-price-premium-for-startup-shares/
Nearly a year ago, Rivus Pharmaceuticals unveiled a $132 million Series B round of financing to support mid-stage clinical development of drugs it calls controlled metabolic accelerators.
They include France’s Mistral AI, which in the continent’s largest-ever seed round, and Aleph Alpha, which this month secured €460m in Series B funding.
Source: https://thenextweb.com/news/european-ai-supporting-tech-sector-recovery
This is more than evident with France’s Mistral, the generative AI startup that raised €105 million just one month after founding (and last week raised a further €385 million), and Germany’s Aleph Alpha bagging €500 million in its Series B round.
Source: https://thenextweb.com/news/european-tech-2024-optimism
This Series B funding takes Hack The Box’s total amount of capital raised to date to $70 million, fortifying the company’s position within the global cybersecurity ecosystem.
Source: https://www.helpnetsecurity.com/2023/01/11/hack-the-box-investment/
While the firm is still focused on seed and early-stage funding for promising startups, the Opportunity Fund will seek to back follow-on investments for portfolio companies that are raising Series A and Series B rounds.
Source: https://www.timesofisrael.com/israels-cyberstarts-closes-480m-fund-for-cybersecurity-investments/