These 5 Chicago Companies Raised More Than $318M in July

Check out Chicago’s top funding rounds in July.

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Published on Aug. 03, 2020
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The top five Chicago funding rounds in July raised a total of $318.5 million. The majority of that came from a $250 million round for VillageMD. Here are the details of each of this month’s largest fundings.

 

#5. $4 million, July 15

Enduvo allows companies to quickly create and distribute a virtual or augmented reality simulation. Clients include the United States Air Force, the National Institutes of Health and the University of Illinois College of Medicine. The seed funding will go toward development, deployment and adoption of the company’s platform, it reported.

 

#4. $6.5 million, July 16

The smart building startup is a spin-off venture of Environmental Systems Design. Hyde Park Angels led the seed round. Cohesion plans to launch its AI platform, Digital Twin, in 2021.

 

#3. $25 million, July 1

The Mom Project offers a family focused career services platform. 7GC led the Series B round. With the cash, the startup plans to launch a new platform that will help current and prospective mothers support each other during every stage of their careers.

 

#2. $33 million, July 22

The Asian food delivery startup focuses on individual meals rather than entire menus. Altos Ventures and Left Lane Capital led the Series A round, which brought Chowbus’ total funding to more than $38 million.

 

#1. $250 million, July 8

Walgreens committed to a $1 billion investment in VillageMD, starting with this initial investment in July. Primary care clinics will now be installed in more than 700 U.S. Walgreens stores during the next five years. Five in-store clinics already were piloted in the Houston area.

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