Boston’s five biggest venture capital rounds this month netted an impressive $373 million in total. In the top spot was Thras.io, a company that buys up third-party Amazon sellers, with a giant $260 million funding. Read on to learn more about each of July’s top rounds.
#5. $15 million, July 22
This startup develops autonomous ocean-going vessels and workboats, and will use the funds to accelerate the deployment of self-piloting boat technology. Huntington Ingalls Industries led the investment round.
#4. $23 million, July 28
This company collects data from drones, airplanes, cellular signals and more to provide accurate weather forecasts. Pitango Growth and Square Peg Capital co-led the Series C. With the funds, ClimaCell will update its platform and invest in R&D.
#3. $35 million, July 7
The on-demand notary platform allows for legal virtual notarization — and it’s seen a spike in demand since the coronavirus pandemic began. Camber Creek, Polaris Partners and others contributed to the investment.
#2. $40 million, July 14
Founded in 2003, this cloud file storage company has also seen demand grow during the coronavirus pandemic. Silicon Valley Bank provided the credit facility, while investors in the equity round included Goldman Sachs, Corporate Ventures and Northbridge Venture Partners.
#1. $260 million, July 15
Thrasio took the top spot with a giant Series C that brought it to unicorn status. Founded in 2018, the company acquires Amazon third-party private-label businesses. To date, it has acquired more than 50 Amazon companies, with 17 of those acquisitions happening in just the past quarter.
