This week, we lead with news that Nitra, an AI-native healthcare platform, has secured USD 187mn in financing across Series A, Series B, venture debt and a warehouse facility. The financing comprises USD 72mn of new equity (a USD 50mn Series B round and a USD 22mn Series A round in August last year) from investors. These include Actions Capital, AppWorks, Comma Capital, Dunamu & Partners, Era Funds, New Enterprise Associates, Pantera Capital and Sazze Partners. The financing also included participation from AAF, Gaingels, Hyphen Capital, K8, Mana Ventures, Necessary Ventures, PIDC/Uni-President, Purestone Silks, SignalRank, Simu Liu’s Markham Valley Ventures, Soma Capital and others. The company also secured USD 20mn in venture debt from Avenue Capital Group and an expanded USD 95mn warehouse facility from Treville Capital Group and Encina Lender Finance, LLC.

In other news..

• Procurement orchestration company ORO Labs raises $100mn
  ORO Labs, a procurement orchestration company, has raised USD 100mn for its Series C round of funding from Brighton Park Capital, Growth Equity at Goldman Sachs Alternatives, Norwest Venture Partners, B Capital, XYZ Capital and Felicis. The funding will be used to accelerate the company’s expansion, develop its product and scale customer success and deployment globally.
• Captur raises $6mn Seed round for real-world image capture
  Captur has secured USD 6mn for its Seed round led by Rally Ventures, with continued participation from existing investor Sure Valley Ventures. The company, which instantly verifies user-submitted photos for quality and accuracy, will use the funds to accelerate product development for new industries such as logistics, micro-mobility and retail.
• Risk intelligence platform Sigma360 raises oversubscribed round
  Sigma360, a full-stack AI platform for risk intelligence, financial crime prevention and compliance, has raised an oversubscribed USD 17.3mn Series B round led by Moderne Ventures and with participation from Vocap Partners, Orrick, Contour Ventures and Mosaik Partners. The company will use the new capital to strengthen its proprietary risk intelligence datasets, deepen AI automation capabilities and expand its presence in banks, payment providers and other regulated financial institutions.
• AI-native cybersecurity company Armadin announces Seed and Series A round of funding
  Accel has led a combined Seed and Series A round of funding for Armadin, an AI-native cybersecurity company. Other investors were Google Ventures, Kleiner Perkins, Menlo Ventures, In-Q-Tel, 8VC and Ballistic Ventures.
• Option Circle raises $3mn for AI-driven autonomous trading platform
  Option Circle, a financial technology company that is developing an autonomous, regime-based trading platform, has raised USD 3mn in new capital to support commercialization, platform integration and phased market development. Investors in the round are Savoie Capital, Wagon Wheel Capital, private investors and investors from the company’s StartEngine equity crowdfunding campaign.
• AI-powered platform for Chowbus closes $81mn round
  Chowbus, an AI-powered platform for culturally-rooted restaurants, has closed a USD 81mn round from Prysm Capital, Left Lane Capital, Dutchess, Fika and Avid Bank. With the funds, Chowbus will expand beyond its integrated POS and management platform into the larger market for restaurant services. This includes marketing, accounting, supply ordering and insurance. It will also use the funds to facilitate international expansion into Canada.
• Standard Kernel raises $20mn Seed round
  Standard Kernel, a startup building AI systems that automatically generate what it calls ‘ultra-optimized’ GPU software, has raised USD 20mn for its Seed round from Jump Capital, General Catalyst, Felicis, Cowboy Ventures, Link Ventures, Essence VC and angel investors. With this funding, the company will accelerate the development of its autonomous kernel generation platform, expand deployments with AI-native and enterprise partners and continue advancing towards adaptive systems software that improves alongside new models and new hardware.