Although Chicago's tech industry has calmed down recently, many local companies continue to accelerate their growth. From developing new drug treatments to building AI-powered business tools, see how a Chicago technology innovator is powering its solutions with one of its largest funding rounds last month.
Chicago Top Tech Funding Round, April 2024
- circana
- Nuclei
- Rentella
- continuum
#4. $1.7 million, April 23rd
Continuum is a company that helps other companies optimize their operations and accelerate growth. $1.7 million For AI-powered platforms. M25 led the round to help Continuum scale its operations and expand its implementation team. The company aims to build a B2B return, warranty, and repair management network.
#3. $3 million, April 16th
Bienville Capital led the round funding For equipment rental platform Renterra. The company provides businesses with a cloud-based operating system that streamlines every aspect of the equipment rental process. The new funding will be used for product development and market reach expansion.
#2. $14 million, April 3rd
Biotechnology innovator Nucleai uses spatial AI to track cellular interactions within tissue samples and predict treatment outcomes.procured by the company $14 million Received support from lead investor M Ventures to deploy AI algorithms for future enrollment of patients in clinical trials. Its technology will enable pathologists to use his AI-based plans to address complex diseases such as cancer.
#1. $1.2 billion, April 23rd
Circana, a company that provides consumer behavior analytics and data to a portfolio of brands and retailers, has secured $1.2 billion. Continuation vehicle From Bester Capital Partners. The company will invest in deepening customer relationships and expanding into new markets and geographies.