VC Funding Roundup: 18 Startups Raise More than $315M in March

April 2, 2019

One quarter down, three to go.

With the start of the new season, Boston startups are looking flush with cash and full of renewed enthusiasm for projects. March was a notable month with some companies raising multimillion dollars in venture funding.

Markforged, the Watertown-based maker of industrial 3D printers, raised $82 million in a Series D round led by Summit Partners. Paris-based Shift Technology, a company that uses artificial intelligence to help insurance companies detect fraud with offices in Boston, raised $60 million led by Bessemer Venture Partners. Cambridge-based MineralTree, the fintech startup that automates accounts payable and payments for mid-market companies, raised $50 million in a Series C, and travel startup raised $37 million led by General Catalyst.

In terms of VC activity, after a successful launch of its first graduate syndicate fund, Boston-based venture capital firm Flybridge Capital is now on repeat mode. The company told closed its second edition of the graduate syndicate fund worth $4 million to invest solely in startups founded by Harvard University graduates.

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Below are the  startups that raised capital in March:


Augmented Reality

Lingar, a company that makes mobile augmented reality platform designed to make interactive digital experiences raised $330,000 from Cosimo X.



Cambridge-based Via Separations, a startup that focuses on molecular filtration for industrial processes, sold shares worth $4.1 million in its $4.8 million round of equity funding, according to a Form D filing



Boston-based tokenized VC firm Cosimo X invested in three local ventures: It invested $1.5 million in Oneiro, a company that launched the first unpegged digital currency and buoyant coin optimized for long-term value called ‘ndau,’ raised $1.5 million from Cosimo X.

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