Jones Fish Hatcheries & Distributors, backed by Fort Point Capital, acquired Water & Wetland, a Grafton, Mass.-based pond and lake management services provider. GHK Capital Partners acquired JohnsByrne, a Niles, Ill.-based carton packaging and print solutions provider. Connetic Ventures acquired a minority stake in Harmony, a Twin Cities, Minn.-based AI bot that helps employees cater their messages to other employees’ specific communication style. Airtree Ventures led the round and was joined by 500 Global, Entrepreneur First, Gattaca Ventures, and others. Phasio, a Singapore-based manufacturing interface that manages communication and workflow between manufacturers and customers, raised $2.5 million in seed funding. Lopay, a London, U.K.-based payment platform for businesses, raised £6 million ($7.4 million) in seed funding from Backed VC, Portage, The Venture Collective, and angel investors. Wireframe Ventures led the round and was joined by Overture Climate VC, Long Journey Ventures, Cantos, Toba Capital, First Star Ventures, Divergent Capital, and Climate Capital. Bedrock Energy, an Austin, Texas-based geothermal heating and cooling systems company, raised $8.5 million in seed funding. ![]() Khosla Ventures and GV led the round and were joined by AIX, Day One Ventures, and others. Moonhub, a San Francisco-based recruiting platform that uses AI to source and screen candidates, raised $10 million in seed funding. Cervin Ventures led the round and was joined by Maverick Ventures, Thrive, and others. Conveyor, a San Francisco-based platform designed to automate security and compliance processes in sales, raised $12.5 million in Series A funding. Fasanara Capital led the round and was joined by others. Untangled Finance, a London, U.K.-based platform that uses blockchain technology to tokenize real-world assets, like private credit, raised $13.5 million in funding. Redpoint Ventures led the round and was joined by Amplify Partners, Lux Capital, Definition Capital, and others. Modal Labs, a New York City-based cloud infrastructure platform for engineers and data teams, raised $16 million in Series A funding. Fin Capital led the round and was joined by Bessemer Venture Partners, TTV Capital, Commerce Ventures, Montage Ventures, and Alloy Labs. Carefull, a New York City-based platform designed to help banks and wealth advisors protect aging customers from scams and mistakes, raised $16.5 million in Series A funding. ![]() Good Growth Capital led the round and was joined by RH Capital, Y Combinator, Astia, Adaptive Capital Partners, Gore Range Capital, and others. AOA Dx, a New York City, Boston, Mass., and Boulder, Colo.-based company developing tests for the early detection of ovarian cancer, raised $17 million in new funding. Bosch Ventures led the round and was joined by In-Q-Tel, Raptor Group, and Schooner Capital. JetCool, a Littleton, Mass.-based liquid cooling company for data centers, raised $17 million in Series A funding. Fahrenheit does not for now hold any soon-to-be unicorns in its portfolio, but it’s early enough some diamonds in the rough could emerge. We are very excited to help these companies grow and reach their full potential,” Arrington told Term Sheet. The portfolio consists of startups focused on “DeFi infrastructure, trading tools, treasury management and Bitcoin mining innovation. The defunct firm was acquired by a group-appropriately named Farenheit-led by Silicon Valley veteran Michael Arrington, in part because of its venture capital portfolio. There is also Celsius, another bankrupt crypto firm whose founder liked to help himself to customer money and that ended up as roadkill during last year’s meltdown. The Anthropic situation is an outlier, but FTX is hardly the only crypto firm with a VC portfolio. Ironically, this could lead to a handsome return and ease some of the pain for FTX’s fleeced customers and investors. Now, there are rumors Anthropic is raising another $2 billion at a $30 billion dollar valuation. ![]() The startup, which was founded by disgruntled ChatGPT employees, raised $300 million from Google to make the tech giant its “preferred cloud provider”-and then turned around and raised $4 billion from Amazon Web Services. The bonanza in question comes from a $500 million bet by FTX on the buzzy AI company Anthropic.
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