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Energize Capital raises $430 million to capitalize and scale digitally-enabled climate solutions

Backed by leading institutional Limited Partners, Ventures Fund III underscores the need for thematically aligned investors in today’s market

CHICAGO, June 3, 2025 — Energize Capital, a leading multi-stage investor in climate solutions, today announced the close of its Ventures Fund III (“Ventures III”) totaling $430 million in capital commitments to the fund and its related vehicles. The firm’s fifth institutional fund and third of its Ventures strategy, Ventures III will deploy into earlier-stage companies focused on scaling energy and industrial transformation through digital and software-enabled solutions. This latest raise brings Energize’s total assets under management to over $1.8 billion and will empower the specialist firm to continue leveraging its team’s decades of expertise in climate technology to support entrepreneurs through both financial capital and extensive operational and commercialization support.

Today’s economy is undergoing a profound transformation, placing new demands on capital partners to navigate emerging complexity and create value. Technologies like AI are redefining industrial processes, driving innovation, efficiency, and scalability. At the same time, the reshoring of manufacturing, evolving global supply chains, and the accelerating energy transition are reshaping critical infrastructure. These shifts are creating significant opportunities in areas such as grid interconnection, next-generation manufacturing, and the circular economy—all of which increasingly rely on digital tools to manage complexity and unlock value. With a thesis grounded in digital-first climate solutions and a track record of scaling companies in these evolving sectors, Energize is well-positioned to be a critical partner in this next chapter.

“Now on our third ventures fund, the Energize team has been investing in climate technologies and solutions across several cycles, and we’ve experienced firsthand how this space has evolved in both market size and complexity,” said John Tough, managing partner at Energize Capital. “Today more than ever, operators need specialist investors with deep domain expertise and operational know-how to help them scale their solutions and achieve enduring growth. We are excited to back the next generation of entrepreneurs and are honored to be supported by a group of world-class Limited Partners who align with our mission of investing in climate solutions with ambition.”

Energize’s Ventures Fund III is backed by LPs that represent leading institutional, corporate strategic, family office and impact investors. New LPs in the fund include Första AP-Fonden (AP1), Capricorn, Reference Capital, Keeling Capital, Keysight Technologies, WEX Venture Capital, and several other international pensions. Among returning investors are GE Vernova, CDPQ, Builders Vision, UBS, WEC, and others.

“As an investor committed to accelerating the energy transition, Builders Vision values Energize’s deep industry insights and proven approach to scaling energy transition SaaS businesses,” said Scott Gerdes, director of private investments at Builders Vision. “The close of Ventures Fund III is an opportunity for Energize to further enhance its in-depth research, valuable industry connections, and hands-on team, all of which are crucial for driving broader market adoption. By collaborating with forward-thinking companies and leveraging cutting-edge technology, Energize is fueling growth and contributing to the creation of a cleaner, more resilient energy ecosystem.”1

The fund will back asset-light climate solutions, with a particular focus on companies operating in the industrial digitization, next generation infrastructure and energy transition sectors. To date, Energize has deployed capital from Ventures III into several investments, including Tyba, a battery software optimization platform; Archive, a technology solution for brands to launch and scale profitable resale businesses; and Nira, a software platform that supports grid interconnection for energy developers.

About Energize Capital
Energize Capital is a leading investor in climate solutions. Founded in 2016 and based in Chicago, Energize seeks to scale sustainable innovation by partnering with the builders and operators shaping the future. To date, Energize has funded 36 companies and deployed more than $920 million through its Venture and Endurance strategies. Founded in partnership with Invenergy, the firm is backed by strategic, institutional, and impact LPs including Första AP-Fonden (AP1), GE Vernova, Capricorn, CDPQ, Builders Vision, UBS, WEC, Reference Capital, Keeling Capital, Keysight Technologies, WEX Venture Capital, and more. For more information on Energize, please visit www.energizecap.com.

Media Contact
Robiny Jamerson, Energize Marketing & Communications, [email protected] 

1 No compensation was provided in exchange for this testimonial

SOURCE Energize Capital

Antheia Raises $56 Million in Series C Financing to Fuel Global Commercialization Strategy

New funding will support the company’s rapid growth trajectory and efforts to transform pharmaceutical supply chains with its advanced biomanufacturing platform

MENLO PARK, Calif., June 3, 2025Antheia, the pharmaceutical ingredient manufacturer transforming essential medicine supply chains, today announced it has raised $56 million in Series C financing. The new financing will be used to expand commercialization of Antheia’s first product, thebaine, and launch additional products from the company’s pipeline of 70+ biosynthetic pharmaceutical ingredients, which spans seven therapeutic areas and prioritizes essential medicines in or at risk of shortage. Additionally, the funding will allow Antheia to unlock its U.S. manufacturing operations to meet domestic demand and begin new strategic innovation programs in Singapore, while expanding into the broader Asia region.

“Our industry-first biosynthetic product offerings are disrupting the market by addressing major supply chain issues and are quickly cementing Antheia’s position as a leading industry innovator,” said Dr. Christina Smolke, CEO and co-founder of Antheia. “In collaboration with our investors, customers, and manufacturing partners, we are enabling widespread access to critical medicines with our world-leading biosynthesis technology. We are immensely grateful to these partners that share our vision for the next generation of pharma, and we look forward to achieving more industry-first milestones with today’s financing.”

Drug shortages remain a persistent problem plaguing nations worldwide and are exacerbated by supply chain disruptions, climate crises, and shifting geopolitics. Antheia’s biomanufacturing platform is ushering in the next era of efficient, agile, and distributed pharmaceutical manufacturing that can be implemented when and where needed to meet the demands of 21st century healthcare systems.

The Series C financing was led by Global Health Investment Corporation (GHIC), a U.S.-based investment firm with an established history of supporting innovation in global health and health security and EDBI, operating under SG Growth Capital, the investment platform of the Singapore Economic Development Board (EDB) and Enterprise Singapore. Additional new investors in this round include ATHOS KG and Federov, with participation from existing investors, including Viking Global Investors, Sherpalo Ventures, S-Cubed Capital, In-Q-Tel (IQT), and Civilization Ventures.

“Global pharmaceutical supply chains are complex and increasingly vulnerable to critical drug shortages – an urgent health security challenge,” said Joseph Lee, Principal at GHIC. “Antheia’s biosynthesis platform offers a transformative and elegant solution, enabling more efficient, scalable, and reliable production of KSMs and APIs. We are excited to support Antheia’s next phase of growth and to partner in building a more resilient future for global biomanufacturing.”

“Antheia’s pioneering biosynthesis platform transforms essential medicine supply chains by addressing critical bottlenecks. As Singapore strengthens its position as Asia’s biotech hub, EDBI is proud to partner with Antheia to advance bio-based innovation. We see significant opportunities for Antheia to expand its biomanufacturing capabilities and applications through collaborations with Singapore’s vibrant scientific ecosystem – including A*STAR, Singapore’s lead public sector R&D agency – creating valuable synergies for future growth across Asia,” said Paul Ng, Chief Executive Officer of EDBI.

Today’s news comes on the heels of several major milestones, including Antheia’s first commercial delivery of thebaine – the key ingredient used to produce Narcan – and two U.S. government project agreements valued up to a combined $23 million to onshore pharmaceutical supply chains. Antheia’s strong commercial momentum and the broader industry response underscore the company’s vital role in modernizing global pharmaceutical supply chains and realizing biomanufacturing’s potential to solve the world’s most pressing problems.

About Antheia
Antheia is the next-generation pharmaceutical ingredient producer with a mission to end drug shortages. Using advanced biosynthesis and fermentation technology, Antheia’s biomanufacturing platform enables rapid, efficient, agile, and on-demand production of key starting materials (KSMs) and active pharmaceutical ingredients (APIs) that are critical to public health. This highly flexible approach supports the needs of a growing society and improves global access to essential medicines. Founded in 2015, Antheia has grown into a commercial stage company with its first product to market, an active customer pipeline, and near-term product launches. For more information on how Antheia is transforming pharmaceutical supply chains, visit www.antheia.bio.

MEDIA CONTACT:
Mission North for Antheia
[email protected]

SOURCE Antheia

Voxel Raises $44M in Series B Funding to Transform Workplace Safety with its AI-Powered Platform

Backed by 147% year-over-year growth and adoption by Fortune 500 companies, Voxel is scaling its real-time safety platform across high-risk industries.

SAN FRANCISCO, June 3, 2025 — Voxel, the AI company revolutionizing workplace safety and risk, today announced it has raised $44 million in Series B funding led by NewRoad Capital Partners with participation from current investors Eclipse, Rite Hite, Tokio Marine, and MTech as well as HG Ventures and Whitestone. This round brings the company’s total funding of $61 million to date. Voxel will use the funding to accelerate R&D and deepen its AI capabilities—enhancing real-time computer vision models and expanding data insights. The company will also invest in growing its team of industry experts to ensure Voxel’s customers don’t just benefit from cutting-edge AI solutions, but also decades of applied experience in industrial environments.

Despite most companies having a heavy focus on improving safety, 2.78M workers lose their lives every year to work-related incidents globally—a stark reminder that traditional safety approaches fall short. Voxel helps organizations prevent accidents before they happen by identifying potential hazards and unsafe behaviors in real-time, enabling supervisors and safety managers to take immediate action. By integrating directly with existing security cameras to detect unsafe behaviors and operational inefficiencies autonomously, Voxel makes proactive prevention possible at scale.

“We’re developing AI to support the workers performing demanding jobs day in and day out—on warehouse floors, in factories, in ports–really any industrial environment,” said Vernon O’Donnell, CEO of Voxel. “Leaders don’t need more dashboards or things to do on a daily basis: They need tools that drive action, improve training, and keep teams protected in a way that is part of their daily workflow. Our deep commitment to understanding our customers’ operations is why they see up to an 80% reduction in high-risk behaviors just months after deployment.”

Deployed by companies like Dick’s Sporting Goods, Americold, AGI, Port of Virginia, and Berry Global, Voxel is becoming the trusted partner for leading enterprises across logistics, retail, warehousing, and manufacturing. Beyond best-in-class AI, Voxel’s safety platform consolidates AI-generated insights, giving teams clear visibility into emerging risks. This allows safety, operations, and HR professionals to address issues before they result in injuries—fundamentally shifting workplace safety from reactive response to proactive prevention.

Voxel’s growth is supported by strong performance across key areas of the business:

  • Financial Performance: 147% year-over-year revenue growth with 202% net revenue retention;
  • Customer Impact: 91% reduction in recordable injuries, with one site saving over $2.2M in direct costs over a 2-year period; and
  • Market Adoption: Expansion across retail, logistics, and manufacturing sectors, with five new Fortune 500 clients in Q1 2025.

“Voxel is solving a problem every operator understands—how to keep people safe while running complex, high-velocity environments,” said Chris Sultemeier, Operating Partner at NewRoad Capital Partners and former EVP of Logistics at Walmart. “Their platform brings real-time visibility to the places it’s been missing for too long. The team has built something that works, and the market is ready for it.”

“Voxel has fundamentally shifted how we think about safety and operations. With real-time insights, we’re not just reacting to incidents—we’re preventing them. It’s helped us build a stronger safety culture while driving meaningful efficiency gains. Voxel isn’t just a vendor—they’re our AI partner, and our partner for the future,” said Drew Kofeldt, Chief Safety Officer, AGI.

“Voxel brings the kind of proactive insight our clients have been looking for with actionable data that helps prevent losses, strengthens safety programs, and ultimately reduces the total cost of risk,” said James D’Errico, CSP, National Leader, Risk Control at Gallagher.

To learn more about Voxel, book time with our team.

About Voxel
Voxel is revolutionizing workplace safety with its AI-powered site visibility platform, designed to help organizations identify and mitigate risks in industrial environments. Using existing cameras, Voxel transforms basic video footage into actionable insights, enabling organizations to proactively make workplaces safer and more effective.

Voxel partners with businesses across industries such as warehousing, manufacturing, distribution, and insurance. By equipping businesses with the tools to identify risks before they happen, Voxel powers safer, more effective work environments.

SOURCE Voxel

Startup Lithuania Accelerator powered by Plug and Play Announces Final Call for Applications to Empower Tech Startups

VILNIUS, Lithuania, June 3, 2025 — Startup Lithuania, in partnership with global innovation platform Plug and Play, announces today the 5th call for applications for the Startup Lithuania Accelerator powered by Plug and Play. This initiative aims to empower early-stage, tech-driven startups willing to establish in Lithuania by providing access to tools, mentorship, and a global network to scale their businesses. Applications for Batch 5 are open and close on July 4, 2025.

After four batches accelerating over 40 startups, helping 18 secure funding, and taking 12 companies to Silicon Valley through the Plug and Play Global Overseas Acceleration & Learning (GOAL), the Startup Lithuania Accelerator will conclude with its fifth and final batch. This marks the last opportunity for startups to join the program that has launched both Lithuanian and international startups onto the global stage.

“This 5th call for applications is an incredible closing chapter for the Lithuanian startup ecosystem,” said Povilas Žinys, Director of Plug and Play Lithuania. “We’re excited to meet new startups, help them scale, and connect them with the tools, knowledge, and investors they need to grow.”

The final Batch 5 program will follow the established structure of previous cohorts, offering selected startups access to mentorship from industry experts, pitch development sessions, and office hours with the Plug and Play team. Startups will also have the opportunity to present at the program’s Expo event in front of investors and corporate partners and be considered for the GOAL program in Silicon Valley.

For information about the application process, Plug and Play will host an online information session on June 10 to explore the program in detail, including benefits, selection criteria, and important dates, to help potential participants prepare their applications. 

Following the close of applications, Plug and Play will analyze submissions and present top candidates to the Investment Committee for final selection. Selected startups will be invited to the Launch Event on September 18, 2025, in Vilnius, Lithuania, marking the start of the program.

The Startup Lithuania Accelerator has strengthened the local startup ecosystem by helping founders prepare for investment, connect with international partners, and scale their businesses. Kloosive, one of the program’s alumni, secured funding from Plug and Play after completing the program.

“The connections we made and the support from others in the batch were game changers for us,” said Viktorija Ramanauskaitė, CEO of Kloosive.

Batch 4 has already shown strong momentum. The 15 startups accepted into Batch 4 include:

“Time flies when the journey is this impactful – we can hardly believe we’re already inviting startups to the final Plug and Play cohort in Lithuania. It’s been an incredible ride, and the results speak for themselves: the fourth batch brought together many of the ecosystem’s most recognized startups, proving that the Lithuanian tech scene sees Plug and Play as a truly valuable international partner,” said Karolina Urbonaitė, Startup Ecosystem Lead at Startup Lithuania. “We strongly encourage all ambitious founders to seize this final opportunity to learn from global experts, connect with a worldwide network, and be seen on the international stage.”

For more information and to apply for Batch 5 of the program, visit https://startup-lithuania-accelerator.pnptc.com/.

About Startup Lithuania

Startup Lithuania is the national startup ecosystem facilitator, powered by Innovation Agency Lithuania, under the Ministry of Economy and Innovation of the Republic of Lithuania. It supports startups through key growth initiatives, connecting international resources with local talents.

The organization leads initiatives such as the Startup Guide, an online pre-acceleration program, and the Startup Visa Lithuania program, which helps international talent relocate to Lithuania.

Startup Lithuania also organizes Startup Fair, the country’s main annual startup event, and actively represents the ecosystem at international tech conferences, putting Lithuania’s startups on the global map.

For more information, visit Startup Lithuania.

About Plug and Play

Plug and Play is the leading innovation platform, connecting startups, corporations, venture capital firms, universities, and government agencies. Headquartered in Silicon Valley, we’re present in 60+ locations across five continents. We offer corporate innovation programs and help our corporate partners in every stage of their innovation journey, from education to execution. We also organize startup acceleration programs and have built an in-house VC to drive innovation across multiple industries where we’ve invested in hundreds of successful companies including Dropbox, Guardant Health, Honey, Lending Club, N26, PayPal, and Rappi. For more information, visit https://www.plugandplaytechcenter.com/

Plug and Play Media Contact
[email protected]

SOURCE Plug and Play

Trustifi Raises $25M Series A to Scale AI Email Security Platform

NEW YORK, June 3, 2025 — Trustifi, a leading cybersecurity software platform specializing in email security, data loss prevention, and security awareness training, today announced the successful closing of its $25 million Series A funding round. The investment was led by New York City-based software growth equity firm Camber Partners, known for backing innovative growth-stage B2B SaaS companies during their rapid scale-up phase.

This funding round emphasizes the growing market demand for Trustifi’s comprehensive secure email platform, which is designed to simplify and automate email security for businesses across all geographies and sectors. The new capital will be utilized to bolster and accelerate Trustifi’s product roadmap, double down on go-to-market initiatives, and increase awareness and marketing efforts within the company’s rapidly growing end-market.

“We are eager to partner with Camber for the chapter ahead,” said Trustifi CEO, Rom Hendler. “Their collaborative approach, strategic insight, and deep experience in scaling software companies will be invaluable as we continue to innovate and deliver an industry-leading cybersecurity platform. This investment reinforces the strength of our technology and the exceptional value we provide our customers and partners.”

Camber Partners, which takes a data-driven approach to software investing, recognized Trustifi’s unique positioning in the heavily funded and ever-evolving cybersecurity software landscape.

“We believe Trustifi has the potential to become the leading email security platform for MSPs, and we’re charging hard to support them in realizing this opportunity,” said Justin Johnson, Investor at Camber Partners. “Trustifi’s comprehensive and well-loved product suite, channel-first approach, and modern AI-first solution set it apart, and we’re thrilled to be partnering with the Trustifi team on this journey.”

Trustifi’s platform helps organizations protect sensitive information, prevent data breaches, and ensure compliance with regulatory standards through seamless integration with existing email systems like Microsoft 365 and Google Workspace. The company’s intuitive platform is gaining rapid adoption across industries and geographies, reflecting increasing concern over AI-driven cybersecurity threats and the imperative to secure communication channels effectively.

This funding marks a major milestone for Trustifi as it continues to strengthen its market position and expand its product offering.

About Trustifi

Trustifi is a cybersecurity leader specializing in email security, including encryption, data loss prevention, and advanced threat protection. Trustifi’s solutions simplify email security with automated compliance and comprehensive data protection, enabling businesses of all sizes to safeguard sensitive communications effectively. For more information, visit trustifi.com.

About Camber Partners

Camber Partners is a New York City-based growth equity firm that partners with growth-stage B2B SaaS companies to provide flexible capital and dedicated go-to-market and data science resources that drive long-term sustainable growth. To do this, the Camber team brings to its portfolio companies deep operational expertise across sales, marketing, growth, and product development. Learn more at camber.io.

Contacts
Camber Partners
[email protected] 

SOURCE Trustifi

TAE Technologies Raises $150 Million in Latest Funding Round

Latest fundraise supports TAE’s efforts to deliver world’s first commercial fusion power; Google continues more than 10-year research and funding partnership with TAE

FOOTHILL RANCH, Calif., June 2, 2025 — TAE Technologies (“TAE”), the leading fusion energy company developing the cleanest and safest approach to commercial fusion power, today announced that it has raised more than $150 million in its latest funding round, exceeding the company’s initial target for the round. Chevron, Google and NEA participated in the round, among other new and existing investors.

TAE has the option to raise additional capital as part of this funding round. With more than $1.3 billion in equity capital raised since inception, this latest fundraise further validates TAE’s distinctive approach to commercial fusion.

Michl Binderbauer, CEO of TAE Technologies, said: “Fusion has the potential to transform the energy landscape, providing near-limitless clean power at a time when the world’s energy needs are growing exponentially due to the growth of AI and data centers. TAE’s technology uses the soundest physics to deliver superior performance in a compact machine, with attractive economics and best-in-class maintainability. We are leading the charge to develop revolutionary fusion technology for full-scale commercial deployment.”

Earlier this year, TAE announced a major milestone that fundamentally advances the performance, practicality and reactor-readiness of its proprietary fusion technology. The company’s “Norm” breakthrough – achieving stable plasma at over 70 million °C in a simplified fusion device – was made possible in part through TAE’s more than decade-long collaboration with Google.

Since 2014, TAE and Google Research have worked together to accelerate fusion science using cutting-edge machine learning. Google engineers worked onsite at TAE facilities to co-develop advanced plasma reconstruction algorithms, leading to significantly improved plasma lifetime and performance. Google’s deep integration into TAE’s engineering teams helped the company unlock a practical path to economic fusion and was instrumental in enabling the Norm breakthrough that now paves the way for TAE’s next milestone: validating net energy capability in its Copernicus reactor. Google’s renewed commitment to TAE follows a thorough technical and commercial evaluation of TAE’s distinctive fusion approach. Read more from Ross Koningstein, Founder, Google’s Nuclear Energy R&D group, on the Google Blog

Binderbauer continued: “We’re delighted to continue our relationship with Google, who have not only provided funding to TAE but collaborated closely in research and development over many years. With this latest fundraise, we look forward to accelerating our efforts to deliver commercial fusion power.”

TAE’s fusion systems can provide on-demand, carbon-free, utility-scale power that is also inherently safe. With no risk of meltdown or long-lived radioactive waste, a TAE fusion power plant can be safely placed wherever power is needed. This creates unparalleled flexibility for siting, whether near highly populated areas, remote locations or large-scale data centers.

TAE has been granted more than 1,500 patents worldwide and has successfully constructed five generations of prototypes. Notably, the last four prototypes are comparable in size to traditional natural gas combustion turbines, with two more currently under development.

Additional Information About TAE Technologies

TAE was founded in 1998 to develop commercial fusion power with the cleanest environmental profile. The company has established itself as a leader in an industry that has the potential to transform the energy economy. Notable company and scientific milestones include:

  • Raised and deployed $1.2 billion through 11 prior fundraises. Investors include Google, Chevron, Sumitomo Corporation of Americas, NEA, Wellcome Trust, and the visionary family offices of Addison Fischer, the Samberg Family, Charles Schwab, and others.
  • Built five increasingly powerful and productive demonstration units to National Laboratory scale.
  • Partnered closely with Google for more than a decade. Among their various achievements together, the companies have co-developed the Optometrist Algorithm, a plasma optimization tool that has helped accelerate TAE’s scientific progress.
  • Announced in April 2025 the invention of a streamlined approach to form and optimize plasma that increases efficiency, significantly reduces complexity and cost, and accelerates the company’s path to net energy and commercial fusion power.
  • Advanced construction on its sixth demonstration unit, Copernicus, which is on track to achieve a net energy milestone before the end of the decade.
  • Delivered a roadmap for its first prototype power plant, Da Vinci, which will be operational in the early 2030s and will deliver TAE’s first commercial fusion power.

Fusion is nature’s preferred source of energy. It is the same process that powers the sun and stars, and it is what makes life viable on Earth. When lighter elements fuse under immense heat and pressure, they form new elements and release a tremendous amount of energy. This process is safer than conventional nuclear power because fusion can be stopped at any time – eliminating the risk of a power plant meltdown.

In TAE’s future fusion power plant, hydrogen and boron atoms will fuse into three helium atoms inside of a stable, superhot plasma to produce an even more energetic light than the sun – all with no long-lived radioactive waste. When the heat generated by that light warms the walls of the fusion machine, a network of pipes will spring into action to cool the interior walls by collecting that heat into a fluid and ushering it to a steam generator. The steam spins a turbine that then drives an electric generator, similar to what happens in operating power plants today. TAE’s unique fusion core supplies a superior and environmentally benign heat source for future power plants.

The essential requirement for capturing net energy across all approaches to fusion is high-quality plasma confinement. TAE has developed a proprietary approach called an advanced beam-driven Field-Reversed Configuration (FRC), which solves the challenge of confinement both from a cost and performance perspective. TAE’s approach is the first known design in the world to form an FRC plasma using only neutral particle beams. 

TAE’s FRC-based fusion approach is built to integrate with today’s grid infrastructure and engineered for cost-effective construction and operation. Unlike other fusion approaches, it has the advantage of being modular, allowing quick and scalable deployment with a much smaller footprint than traditional fusion systems but at similar power outputs. TAE’s systems are designed for sustained performance, efficient maintenance and reliable stability, meaning they are adaptable for a wide range of geographies and energy demands.

Contact: Abbey Goodman, 949-830-2117, [email protected]

About TAE Technologies 

TAE Technologies was founded in 1998 to develop commercial fusion power with the cleanest environmental profile. The company’s pioneering work represents the fastest, most practical and economically competitive solution to bring abundant clean energy to the grid. With over 1,500 granted patents worldwide, more than $1.3 billion in private capital, five generations of National Laboratory-scale devices built along with two more in development, TAE is now on the cusp of delivering this transformational energy source capable of sustaining the planet for thousands of years. The company’s revolutionary technologies have produced a robust portfolio of commercial innovations in adjacent markets such as power management, energy storage, electric mobility, fast charging, life sciences and more. TAE is based in California, and maintains international offices in the UK, EU and Switzerland. Multidisciplinary and mission-driven by nature, TAE is leveraging proprietary science and engineering to create a bright future.

SOURCE TAE Technologies

Rally UXR Secures $11M Series A to Transform How Enterprises Conduct User Research

Canapi Ventures Leads Round to Accelerate Adoption of Rally’s User Research CRM Platform Across Product-Driven Organizations

NEW YORK, June 2, 2025 — Rally UXR, the leading User Research CRM platform, today announced it has raised $11 million in a Series A funding round led by Canapi Ventures with participation from existing investors Stage 2 Capital and Y Combinator. Rally is redefining how enterprises manage and engage with their users for research—putting customer voices at the center of product innovation.

Rally’s SaaS-based platform streamlines the way research teams connect with users by automating participant selection, screening, outreach, scheduling, and incentives—dramatically reducing the time and complexity typically required to conduct high-quality research at scale. By embedding research operations into a single, secure, and compliant CRM, Rally enables teams to bring products to market faster that better fit the needs of their customers, generating more revenue in the process.

“Rapid innovation demands equally rapid user insight,” said Oren Friedman, CEO and co-founder of Rally. “Rally is purpose-built for the enterprise, helping teams connect directly with their customers to deliver the rich, actionable insights needed to shape exceptional product experiences—while building stronger, long-term customer relationships.”

Rally’s platform is trusted by forward-thinking companies including Adobe, Sonos, SurveyMonkey, HelloFresh, GitLab, MongoDB, and Monzo Bank, and has helped leading brands manage and conduct research with more than 10 million users. Since its founding in 2021, Rally has experienced 3x year-over-year revenue growth and was backed by Y Combinator through its Winter 2022 cohort.

“At the heart of Rally’s offering is the conviction that great products start with great user research,” said Walker Forehand, president and general partner at Canapi Ventures. “We’re excited to partner with the Rally team to help more organizations unlock faster, deeper user understanding—and translate it into real product impact.”

“We obsess over the customer experience at Webflow, and Rally has transformed the way we engage with our users for research,” said Brad Orego, head of research at Webflow. “We’ve been able to dramatically increase the volume and quality of research possible while simultaneously improving governance and security. With Rally, our entire Product team is empowered to confidently run their own research, accelerating product development, streamlining operational processes, and ultimately delivering a better experience for our customers.”

Rally’s leadership team brings deep experience in building secure, scalable enterprise platforms, including a product and engineering team comprised of ex-HubSpot talent. Their collective mission: to make great research easy.

About Rally UXR
Rally UXR is the User Research CRM trusted by leading companies to generate fast, high-value user insights that drive better product decisions. Based in New York City, Rally helps research and product teams automate participant management and streamline research workflows across the enterprise. Learn more at www.rallyuxr.com.

About Canapi Ventures
Canapi is a B2B software and financial technology venture and growth equity platform investing in early to growth-stage companies offering disruptive alternatives to outdated business models and technologies. Backed by the Canapi Alliance – a network of over 70 of the leading financial institutions across the United States – Canapi’s partners have decades of hands-on experience in financial services. Canapi brings unmatched sector experience and best-in-class knowledge, connections, and credibility to founders.

SOURCE Rally UXR

Number of shares and votes in EQT


                                   

Ordinary shares

                                   

Class C shares1

                                   

Total

                                               

                                   

Number of issued shares2

                                   

1,234,611,900 
(1,234,611,900 votes)

                                   

                                   

496,056 
(49,605.6 votes)

                                   

                                   

                                   

1,235,107,956 
(1,234,661,505.6 votes)

                                   

                                               

                                   

Number of outstanding shares

                                   

                                   

1,176,689,290 
(1,176,689,290 votes)

                                   

                                   

                                   

496,056 
(49,605.6 votes)

                                   

                                   

                                   

1,177,185,346 
(1,176,738,895.6 votes)

                                   

                                   

Angeles Investors Unveils 2025 Angeles 100 Honorees at Q2 Summit in Silicon Valley

MOUNTAIN VIEW, Calif., May 30, 2025Angeles Investors , a leading investment community dedicated to leveraging the power of Latino growth to find, fund, and fuel the best ventures in America, is proud to announce the 2025 Angeles 100. This distinguished list honors the top 100 Latino-led and co-led venture-backed startups in the United States, recognizing their innovation, resilience, and growth.

“The Angeles 100 is a significant milestone for Angeles Investors, underscoring our commitment to fostering innovation within the entrepreneurial community,” said David Olivencia, CEO and GP, Angeles Investors & Ventures. “By recognizing the top 100 Latino-led and co-led venture-backed startups, we not only celebrate their achievements but also aim to inspire future generations of diverse founders.”

The announcement will be officially made during the Angeles Q2 Summit & Awards Event , scheduled to take place on May 30, 2025 , at the Computer History Museum in Mountain View, California.

Angeles Investors’ Angeles 100 recognizes U.S.-based, venture-backed startups exhibiting consistent year-over-year growth from seed funding through Series E. This consistent upward trajectory signifies a robust business model and strong execution, key indicators of success that align directly with Angeles Investors’ investment strategy. The selection process for the Angeles 100 is rigorous, focusing on identifying companies with significant potential for long-term value creation. These companies represent the investment principles and portfolio characteristics Angeles Investors actively seeks. A complete list of the 2025 awardees is available here: https://angelesinvestors.com/angeles-100-awardees-2025/ .

This two-day summit offers a rich program including keynote speakers, panel discussions, startup pitches, and networking opportunities allowing attendees to connect with industry leaders, investors, entrepreneurs, and fellow participants.

To explore the various membership and sponsorship options available with Angeles Investors, please visit: https://angelesinvestors.com/membership .

Angeles Investors stands as one of the largest and fastest-growing angel investing groups in the United States, uniting individuals from diverse backgrounds to champion promising ventures. The organization is committed to unlocking capital and opportunities for startups that are shaping the future.

SOURCE Angeles Investors