Morning VC Brief丨2024.10.22

Morning VC Brief is an expert daily curation of tech and venture news. Feel free to forward; the sign-up is here

00. TL;DR

1/ Procurement Startup Zip raises $190M Series D at $2.2B

2/ Farming Robotics Startup Carbon Robotics raises $70M Series D

3/ Small Molecule Drug Development Startup Terray Therapeutics raises $120M Series B

4/ Document Automation Startup Rollstack raises $11M Series A

5/ AI Bookkeeping Startup Kick raises $9M Seed Round

6/ AI Moving Concierge Startup Move AI raises $1.4M Pre-Seed Round

01. Venture News

1/ Procurement Startup Zip raises $190M Series D at $2.2B

Zip is an intake and procurement orchestration platform that enables users to initiate purchase requests across the enterprise. This round was led by BOND with participation from DST Global, Adams Street, CRV, Y Combinator, and more. Link

2/ Farming Robotics Startup Carbon Robotics raises $70M Series D

Carbon Robotics empowers farmers to cut costs, increase production and boost profits with precision agriculture products. This round was led by BOND with participation from NVentures, Ignition Partners, Anthos Capital, Fuse Venture Capital, and more. Link

3/ Small Molecule Drug Development Startup Terray Therapeutics raises $120M Series B

Terray Therapeutics is a biotechnology company improving human health by transforming the speed, cost, and success rate of small molecule drug development using computation integrated with novel data at scale. This round was led by NVentures Ventures, Bedford Ridge Capital with participation from Maverick Capital, Madrona Ventures, Two Sigma Ventures, and more. Link

4/ Document Automation Startup Rollstack raises $11M Series A

Rollstack connects Business Intelligence tools such as Tableau, PowerBI or Looker to PowerPoint and Google Slides and uses AI to automate them. This round was led by Insight Partner with participation from Y Combinator. Link

5/ AI Bookkeeping Startup Kick raises $9M Seed Round

Kick is an applied AI company building the first self-driving bookkeeping experience. This round was led by General Catalyst and OpenAI Startup Fund. Link

6/ AI Moving Concierge Startup Move AI raises $1.4M Pre-Seed Round

Move AI provides seamless long-distance moves, coordinated with care. This round was led by The E14 Fund with participation from Pioneer Fund, and more. Link