Startups in North America raising funds in the week of 13 October 2024

North America is chock-full of super fundraisers this week! Find out which startups in the USA and Canada are raising funds between 07 and 13 October 2024. This week, Form Energy closes a USD 450 million Series E round to develop its renewable energy storage technology.

Reminder: this article is sponsored by our partner WINVESTY. Are you looking for a Professional Fundraiser for your start-up or SME? Find out more about its WINVESTY Fundraiser programme.

EvenUp - LegalTech - fundraising of USD 50 million

• Amount raised : USD 50 million (Series B)
• Domain : LegalTech / Artificial intelligence
• Country of origin : United States
• Description : EvenUpa US LegalTech start-up, has raised USD 50 million in its Series B round led by Bain Capital Ventures. The company uses AI to automate the assessment of legal cases and facilitate compensation decisions for accident victims.

Form Energy - Energy - USD 450 million capital raising

• Amount raised : USD 450 million (E Series)
• Domain : Renewable energies / Energy storage
• Country of origin : United States
• Description : Form Energya company specialising in renewable energy storage, has raised USD 450 million in a Series E round. The company is developing low-cost batteries for storing large quantities of renewable energy to power energy grids over long periods.

Flora Fertility - Healthcare - CAD 1.5 million capital raising

• Amount raised : 1.5 million CAD
• Domain : Health / Fertility
• Country of origin : Canada
• Description : Flora Fertility has raised CAD 1.5 million to expand its individual fertility insurance offerings across North America. The company aims to make fertility treatments more accessible through personalised insurance solutions.

IndieGraf - Media - CAD 2.9 million raised

• Amount raised : CAD 2.9 million
• Domain : Media / Independent journalism
• Country of origin : Canada
• Description : IndieGrafIndieGraf, a Canadian platform supporting independent media, has raised CAD 2.9 million to expand its network of information solutions and support local journalism. IndieGraf helps small editorial teams reach a wider audience with innovative publishing and distribution tools.

AtVenu - Events - USD 130 million fundraising round

• Amount raised : USD 130 million
• Domain : Live event technology
• Country of origin : United States
• Description : AtVenua start-up specialising in the management of live events, has raised USD 130 million to fuel its expansion into new markets. The company helps organisers manage merchandising sales at concerts and live events.

Moselle - Inventory management - CAD 2.1 million capital raising

• Amount raised : CAD 2.1 million
• Domain : Technology / Inventory management
• Country of origin : Canada
• Description : Mosellea Canadian start-up, has raised CAD 2.1 million to enhance its inventory management platform, which uses AI to help businesses optimise the management and distribution of their inventories.

These fundraisings reflect the growing importance of artificial intelligence, healthcare and renewable energy technologies in North America, while also highlighting the increasing role of startups in sectors such as live events and independent journalism.