TLDR:
- VC funding in June totaled $397.2 million, a decrease from May’s $698 million
- Notable funding rounds included Axena, Sware, SiTration, AVAVA Inc., and Vecna Robotics
June saw a decrease in VC funding compared to May, with a total of $397.2 million invested in various industries. Notable funding rounds included Axena, a women’s health start-up, raising an additional $9.4 million in its Series A round, bringing their total funding to $34.4 million. Software start-up Sware also secured an additional $6 million in funding for its Series B, totaling $26 million. SiTration, an MIT spinout focused on recovering critical metals, closed its seed round with $11.8 million. AVAVA Inc., a medical aesthetics platform company, received $35 million in its Series C round. Vecna Robotics, a major robotics company in Massachusetts, secured an extra $40 million investment to extend its previous Series C round. Exsilio Therapeutics emerged from stealth mode with $82 million in Series A funding for their genomic medicine development. Creatio, a 10-year-old software company, announced a $200 million capital raise, achieving a unicorn-level valuation of $1.2 billion. Ingenia Therapeutics, a biotech company, received $5 million in funding, while Foray, a startup reengineering plant cultivation, added $3 million in its seed round.
