💰The Funding Letter #1399: April 19

Metsera, Rivet Work, Orbex Space, and more...

April 19, 2024

Happy Friday! This exclusive edition of The Funding Letter comes to you from our headquarters in New York City. Have a great weekend!

Hit the Gong 🎉

Source: @sales_bant_er

Daily Deals 💸

🌎 Americas

Metsera operates a clinical-stage biopharmaceutical company that offers oral and injectable incretin, non-incretin, and combination therapies with potential profiles to address multiple therapeutic targets, enabling users to meet the future needs of a rapidly evolving weight loss treatment landscape. View on: LinkedIn.com | Sales Navigator.

New Funding Raised: $290M, Series A

Round Investors: ARCH Venture Partners (lead), F-Prime Capital, Google Ventures, Mubadala Capital Ventures

🚀Growth Focus: Expand operations and its R&D sector to prepare for commercialization.

HQ: New York, NY

Industry: Biotechnology Research

Employee Count: 10

Clazar provides a cloud go-to-market platform that helps software companies manage their listings, private offers, contracts, metering records, and more across all-in-one cloud marketplaces, allowing clients to track their performance and optimize their sales strategy. View on: LinkedIn.com | Sales Navigator.

New Funding Raised: $10M, Series A

Round Investors: DST Global (lead), Ensemble VC (lead), Ridge Ventures (lead), Twin Ventures

🚀Growth Focus: Invest further in R&D and product innovation, helping it continue to expand offerings alongside a rapidly growing customer base and meet its demands.

HQ: San Francisco, CA

Industry: Software Development

Employee Count: 41 (⚡64% increase in last 6 months)

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