Tech funding daily

Welcome to our daily newsletter on tech funding. Here are the top recent deals.

TF Analytix team.

• Growth:

  • Paptic, a Finnish sustainable materials company, raised €23 million in growth equity funding. The European Circular Bioeconomy Fund led the investment, with participation from Itochu Fibre and the Finnish Climate Fund. Paptic focuses on sustainable wood fiber packaging materials in the sustainability sector. Source

  Pre-Seed:

  • Rig.dev, based in Denmark, secured $2.2 million in pre-seed funding for its open-source Kubernetes infrastructure in the application development sector. Source

  • HomeUs, a USA-based healthcare technology company, raised $1.2 million in pre-seed funding for its AI health and wellness platform in the wellness sector. The funding was led by Sassafras Investments. Source

  • Martian Lawyers Club, a UK-based entertainment company, secured $2.2 million in pre-seed funding for its AI-based game personalization tech in the gaming sector. Fly Ventures led the investment, with participation from System.One, Amar Shah, and Dhyan Ventures. Source

  Private Equity:

  • Intuitive Machines, a USA-based space technology company, raised $20 million in private equity funding. The company is involved in space exploration. Source

  Seed:

  • Pirros, a USA-based construction technology company, secured $2 million in seed funding. FundersClub and Y Combinator led the round, with participation from Twenty Two Ventures, Pioneer Fund, and several other investors. Pirros operates in the architecture and engineering technology platform sector. Source

  • Mimetrik, a UK-based healthcare technology company, raised £2.5 million in seed funding. Northern Gritstone led the round, with participation from angel investors. The company specializes in AI-driven digital dentistry products. Source

  • Floworks Technologies, based in the USA, secured $1.5 million in seed funding. Y Combinator led the investment, with support from Sense AI and other institutional investors. Floworks Technologies offers a productivity chatbot to increase knowledge worker productivity in the artificial intelligence sector. Source

  • Measurlabs, a Finnish healthcare technology company, raised €2.7 million in seed funding. VentureFriends led the round, with participation from Lifeline Ventures, Tesi, and Curus. Measurlabs provides laboratory analysis and testing services to help researchers, QA professionals, and R&D professionals. Source

  • Jude, a UK-based healthcare technology company specializing in women's health, secured £4.24 million in series A funding. The investment was led by Eka VC, with participation from Joyance, Samos VC, Crista Galli Ventures, and Innovate UK. Jude focuses on bladder health tech. Source

  • fraud0.com, a German cybersecurity company, raised $6 million in seed funding. Signals.vc led the round, with participation from various business angels. The company specializes in AI fraud detection. Source

  • FruitCast, a UK-based agricultural technology company, secured $3.26 million in seed funding for its AI-based yield forecasting for soft fruit farms. The funding was led by Ceres Agritech. Source

  • Facets.cloud, an Indian application development company, raised $4 million in seed funding. 3one4 Capital led the investment, with participation from 100X Entrepreneurs and others. Facets.cloud focuses on infrastructure management platforms in the DevOps sector. Source

  • Chatloop, a UK-based social media company, secured £2.1 million in seed funding. The company specializes in a mobile commenting app for social media. Source

    Series A:

  • ConverSight, a USA-based business intelligence company, raised $9 million in series A funding. Surface Ventures led the round, with participation from Techstars, Augment Ventures, and Elevate Ventures. The company provides a decision intelligence solution. Source

  • Qashier, a Singapore-based financial technology company, secured $10 million in series A funding. Delivery Hero Ventures and IFP Securities led the round, with participation from Antler Elevate and Cocoon Capital. The company specializes in fintech tools. Source

  • nT-Tao, an Israeli energy technology company, raised an undisclosed amount in series A funding. The company focuses on compact fusion energy aimed at reducing reliance on fossil fuels. Source

  • Sapeon, a South Korean semiconductor company, secured $45 million in series A funding. Ascent Equity Partners led the round, with participation from GS Group affiliates, Daebo Communication & Systems, Hana Financial Group, and others. The company advances hyper-cloud AI processors for efficient AI task processing in the semiconductor sector. Source

  • Qase, an Estonian application development company, raised €7.2 million in series A funding. Chrome Capital and Finsight Ventures led the round. The company offers an AI-powered test automation platform. Source

  Series B:

  • Akur8, a French insurance technology company, raised $25 million in series B funding. The funding round included participation from General Atlantic, Guidewire Software, and BlackFin Capital Partners. The company specializes in insurance pricing software. Source

    Series C:

  • Butternut Box, a UK-based pet food company, secured £345 million in series C funding. General Atlantic and L Catterton led the investment. The company offers fresh dog food products. Source

    Venture:

  • Eat Just, a USA-based food technology company specializing in alternative proteins, closed a financing round led by VegInvest/Ahimsa Foundation. The company creates plant-based eggs and cultivated meat. Source

  • Kooth, a UK-based healthcare technology company providing digital mental health care for young people, received £3.8 million in venture funding from BGF. Source

  • Yazen, a Sweden-based healthcare technology company specializing in digital therapeutics and digital weight loss clinics, raised $3.3 million in funding. Luminar Ventures led the investment. Source

Interesting reads: