Morning VC Brief丨2024.11.13

Week46 Highlights丨Writer, ScaleOps, PointFive, Shiru, Notabene, Fleek, Outbuild, Lume

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/ Enterprise AI Platform Writer raises $200M Series C at $1.9B

2/ Kubernetes Resource Optimization Platform ScaleOps raises $58M Series B

3/ Cloud control startup PointFive raises $20M Series A

4/ AI Ingredient Discovery Startup Shiru raises $16M Series B

5/ Cryptocurrency Compliance Startup Notabene raises $14.5M Series B

6/ Secondhand Clothing Marketplace Fleek raises $14.8M Series A

7/ Construction Scheduling Startup Outbuild raises $11M Series A

8/ Data Mapping Startup Lume raises $4.2M Seed

01. Venture News

1/ Enterprise AI Platform Writer raises $200M Series C at $1.9B

Writer is building the essential infrastructure for enterprise generative AI from graph-based RAG to AI guardrails, app builders, and advanced observability and reporting. This round was led by ICONIQ Growth, Radical Ventures and PremjiInvest with participation from Insight Partners, B Capital, and more. Link

2/ Kubernetes Resource Optimization Platform ScaleOps raises $58M Series B

ScaleOps automates resource optimization to reduce waste, improve performance, and streamline workflows between DevOps, FinOps, and application teams. This round was led by Lightspped Venture Partners with participation from NFX, Picture Capital, and more. Link

3/ Cloud control startup PointFive raises $20M Series A

PointFive is the leading cloud cost optimization platform. This round was led by Salesforce Ventures with participation from Index Ventures, Entree Capital, Sheva VC, and more.

4/ AI Ingredient Discovery Startup Shiru raises $16M Series B

Shiru hosts the world's largest database of natural proteins from plants and microbes. This round was led by S2G Capital with participation from Lux Capital, CPT Capital, and more. Link

5/ Cryptocurrency Compliance Startup Notabene raises $14.5M Series B

Notabene is the leading crypto payment authorization network, enabling secure, transparent, and compliant transactions for financial institutions. This round was led by DRW VC with participation from F-Prime, Jump Capital, Y Combinator, and more. Link

6/ Secondhand Clothing Marketplace Fleek raises $14.8M Series A

Fleek is an online marketplace that connects secondhand clothing wholesalers with those that sell it at retail. This round was led by HV Capital with participation from Andreessen Horowitz, Y Combinator, and more. Link

7/ Construction Scheduling Startup Outbuild raises $11M Series A

Outbuild is an scheduling and planning software solution designed to enhance project management in the construction industry. This round was led by Sway Ventures with participation from Hilti Venture, Trimble Ventures, and more. Link

8/ Data Mapping Startup Lume raises $4.2M Seed

Lume offers an API and Web Platform to easily integrate data between systems. This round was led by General Catalyst with participation from Khosla Ventures, Floodgate, Y Combinator, and more. Link