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Tech funding daily
Cybersecurity BlueVoyant raises $140 million, IoT platform Braincube raises $90.5 million and fintech Paysend secures $65 million
Welcome to our daily newsletter on tech funding. Here are the top recent deals.
TF Analytix team.
Funding deals:
Growth
424 Capital has announced an investment in Valogic, a company in the field of healthcare technology. The investment, made in a growth funding round, is aimed at supporting Valogic's GMP/GLP compliance software. Valogic provides compliance software and services for life sciences and biotech companies. Read more
Paysend has raised $65 million in a growth funding round, including a strategic investment from Mastercard. The round also saw participation from Infravia Growth Capital, One Peak, and Hermes GPE Innovation Fund. Paysend operates in financial technology, providing international money transfer services for businesses and consumers. The funds will be used to further develop and expand Paysend's international money transfer offerings. Read more
NexPoint Capital has made an investment in bioplastics manufacturing in a growth funding round. The company focuses on climate technology and manufactures biodegradable bioplastics that upcycle agricultural waste. The investment aims to support NexPoint Capital Inc.'s efforts in sustainable bioplastics manufacturing. Read more
ISMS.online has received investment from ECI Partners in a growth funding round. ISMS.online operates in cybersecurity, providing a governance, risk, and compliance (GRC) platform with a focus on ISO 27001. The investment will support the development and expansion of ISMS.online's GRC platform. Read more
Layla has raised €3 million in a growth funding round led by Firstminute Capital and M13, with participation from Paris Hilton and other travel industry investors. Layla operates in travel technology, developing an AI-powered travel discovery mobile app. The funds will be used to further develop and enhance Layla's travel discovery platform. Read more
Idun has closed a funding round led by Partinc Capital in the field of real estate technology. Idun specializes in building data platforms and has developed ProptechOS, an operating system for building data. The funding will support the growth and development of Idun's building data platform. Read more
Envirly has raised €1.5 million in a growth funding round led by BNP Paribas, with participation from Tangent Line Ventures, Aligo VC, and Business Angels. Envirly operates in climate technology, providing a platform for managing organizational carbon footprints. The funds will be used to enhance and expand Envirly's carbon footprint management platform. Read more
Braincube has secured €90.5 million in a growth funding round led by Scottish Equity Partners and Bpifrance. Braincube operates in manufacturing, providing an Industrial Internet of Things (IIoT) platform to help manufacturers improve efficiency, profits, and sustainability. The funds will be used to further develop and expand Braincube's IIoT platform. Read more
Nanochon has received investment from cultivate(MD) Capital Funds in a growth funding round. Nanochon operates in healthcare technology, focusing on regenerative medicine. The company develops solutions for cartilage restoration procedures. The investment will support Nanochon's efforts in regenerative medicine. Read more
Seed
Term Structure Labs has secured $4.25 million in seed funding led by Cumberland DRW. The round also saw participation from Decima Fund, HashKey Capital, Longling Capital, and MZ Web3 Fund. Term Structure Labs operates in blockchain, providing a fixed-income protocol for peer-to-peer fixed-rate, fixed-term borrowing and lending in decentralized finance (DeFi). Read more
Mummolin has raised $6.2 million in seed funding led by Jack Dorsey, with participation from Accomplice, Barefoot Bitcoin Fund, MoonKite, NewLayer Capital, and Bitcoin Opportunity Fund. Mummolin Inc. operates in cryptocurrency, launching Bitcoin mining decentralization projects. The funds will be used to support Mummolin Inc.'s mission to decentralize Bitcoin mining globally. Read more
BeCause has raised nearly €2 million in seed funding led by Ugly Duckling Ventures and Superangel.io. BeCause operates in climate technology, providing a sustainability data platform for the travel and hospitality industries. The funds will be used to enhance and expand BeCause's sustainability data platform. Read more
Series A
Revela has raised $9 million in a Series A funding round led by FirstMark Capital, with participation from Detroit Venture Partners, MetaProp, and Assurant Ventures. Revela operates in real estate technology, providing a property management solution for real estate owners and managers. The funds will be used to further develop and expand Revela's property management software. Read more
Yard Stick PBC has announced a $12 million investment in an early growth funding round for its carbon storage verification efforts. The round was led by Extantia, with participation from Toyota Ventures Climate Fund, Microsoft Climate Innovation Fund, Lowercarbon Capital, and Breakthrough Energy Ventures. Yard Stick PBC provides hardware and software to verify soil carbon sequestration projects. Read more
Modo Energy has raised $15 million in a Series A funding round led by MMC Ventures, with participation from Triple Point Ventures, Fred Olsen Limited, and Catalyst Capital. Modo Energy operates in energy technology, providing data analytics services for renewable energy assets, with a focus on battery storage. The funds will be used to expand Modo Energy's analytics services for renewable energy. Read more
Innovist has raised $7 million in a Series A funding round led by Amazon Smbhav Venture Fund, with participation from 72 Ventures, Nykaa founder, Accel India, and Sauce.vc. Innovist operates in the consumer goods sector, managing direct-to-consumer (D2C) personal care brands such as Bare Anatomy, Chemist at Play, and SunScoop. The funds will be used to further develop and expand Innovist's D2C personal care brands. Read more
GoMetro has secured $11.4 million in a Series A funding round led by Zenobē, with participation from FutureGrowth Asset Managers. GoMetro operates in transportation technology, providing a fleet management platform for electric vehicles. The funds will be used to revolutionize fleet management for electric vehicles. Read more
Series B, C and E
Kahuna Workforce Solutions has secured $21 million in a Series B funding round from Resolve Growth Partners. The funds will be used to advance Kahuna's skills management technology for frontline workers. Kahuna Workforce Solutions operates in HR technology, providing skills and competency management software. Read more
Adionics has secured €27 million in a Series B funding round led by SQM and Bpifrance, with participation from Supernova Invest, Céleste Management SA, and Ovive. Adionics operates in energy technology, developing technology for environmentally friendly lithium extraction. The funds will be used to further develop and expand Adionics' lithium extraction technology. Read more
DuploCloud has announced a $32 million Series B funding round led by WestBridge Capital and StepStone Group, with participation from Mayfield. DuploCloud operates in application development, providing a DevOps automation platform with built-in compliance features. The funding will support the further development and expansion of DuploCloud's DevOps platform. Read more
Immensa has secured $20 million in a Series B funding round led by Global Ventures, with participation from Endeavor Catalyst Fund, EDGO, Energy Capital Group, Shorooq Partners, and Green Coast Investments. Immensa operates in manufacturing technology, providing on-demand 3D printing of spare parts for energy companies. The funds will be used to enhance and expand Immensa's additive manufacturing capabilities. Read more
Center has raised $30 million in a Series C funding round. The company operates in financial technology, providing expense management tools and a corporate card for businesses. The funding will support the growth and development of Center's expense management software. Read more
BlueVoyant has raised over $140 million in a Series E funding round led by Liberty Strategic Capital, with participation from ISTARI. BlueVoyant operates in cybersecurity, combining internal and external cyber defense capabilities into comprehensive cybersecurity solutions. The funds will be used to further develop and expand BlueVoyant's cybersecurity offerings. Read more
Strategic and venture
Faropoint has secured a strategic investment from Invesco Real Estate. Faropoint operates in real estate technology, focusing on infill industrial real estate investment. The investment will support Faropoint's efforts as a tech-enabled, vertically integrated industrial real estate investment manager. Read more
Malta has closed a venture funding round with participation from Siemens Energy Ventures, Alfa Laval, Breakthrough Energy Ventures, Proman, Chevron Technology Ventures, and Piva Capital. Malta Inc. operates in energy technology, developing long-duration energy storage systems to facilitate the transition to renewable energy. The funds will be used to deploy Malta Inc.'s long-duration energy storage system. Read more
CapitalOS has raised $39 million in venture funding led by Group 11, with participation from Upper90, Vera Equity, and Slow Ventures. CapitalOS operates in financial technology, providing spend management infrastructure for business-to-business (B2B) platforms. The funds will be used to empower platforms with embedded spend management capabilities. Read more
Quantum Simulation Technologies has raised $2.5 million in a venture funding round led by 2xN, with participation from UTokyo IPC, Kyoto iCAP. Quantum Simulation Technologies develops quantum physics-based algorithms for drug discovery and material science. The funding will be used to boost business activities in Europe and Asia. Read more
Unchained Robotics has raised €55 million in a venture funding round led by Future Industry Ventures, with participation from Teklas Ventures, vent.io, Archimedes New Ventures, and OWL technology fund. Unchained Robotics offers plug-and-play automation solutions for manufacturing and logistics. The funds will be used to unlock the future of automation with Unchained Robotics. Read more
AiSDR has secured $2.7 million in venture funding from Y Combinator, Rebel Fund, SID Venture Partners, and others. AiSDR operates in enterprise resource planning (ERP), developing an AI-powered tool to replace human sales development representatives. The funds will be used to support AiSDR's efforts in AI-powered sales automation. Read more
Squint AI has secured $13 million in funding in a round led by Sequoia and Menlo Ventures. Squint AI operates in the augmented reality (AR) and virtual reality (VR) space, offering solutions tailored for industrial companies and manufacturers. The company's mobile app utilizes AI and AR to automate data entry, generate custom procedures, and empower every operator with expert capabilities. The funds raised will be utilized to advance Squint AI's AR/VR technology and further develop its innovative solutions for industrial applications. Read more
That’s it.