Tech funding daily

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

TF Analytix team.

Data snippet

Since July 1, artificial intelligence companies have raised $7.3 billion across 125 funding rounds. About 12 rounds were valued at $100 million or more. Of those, five rounds were Series B, one each Series C and D. Just one was in Seed, with the remaining being unknown late stage or growth. Here is the list of the AI companies that secured these mega-rounds: Anthropic, Aleph Alpha, Baichuan, Hugging Face, Imbue, AI21 Labs, Poolside AI, d-Matrix, Modular, Writer, and Pryon.

The deals:

Seed and seed extension

Pathway, based in Canada, has raised $5 million in seed funding led by Yamaha Motor Ventures. Verge HealthTech Fund, Amplify Capital, BoxOne Ventures, and Formentera Capital also participated. Pathway provides an AI-driven medical knowledge platform. Read more

Morf Health, a US-based healthcare technology company, has raised $3 million in a seed funding round led by Kindred Ventures. Uncommon Capital and Asymmetric Capital Partners also participated. Morf Health specializes in providing a healthcare operations automation platform. Read more

Fortuna Health, based in the USA, has secured $4 million in seed financing led by Andreessen Horowitz. BoxGroup and Y Combinator also participated in the round. Fortuna Health simplifies Medicaid navigation. Read more

CFX Labs, a US-based financial technology company, has closed a $9.5 million seed round. Shima Capital led the round, with participation from Decasonic, Antalpha, CMT Digital, Corazon Capital, and others. CFX Labs provides a payment processing platform. Read more

Kinto, a US-based cryptocurrency company, has raised $5 million in seed funding. Kyber Capital Crypto led the round, with participation from Spartan Group, Parafi, Skybridge, and others. Kinto provides a KYC'd layer 2 blockchain for financial institutions and decentralized protocols. Read more

Tangibly, a US-based security company, has closed a $7 million seed round and added key executives. Wipro Ventures participated in the funding. Tangibly provides a trade secret management platform. Read more

Atlas, a US-based artificial intelligence company, has raised $4.5 million in seed funding. 6th Man Ventures led the round, with participation from Shrapnel, Contango, Gaingels, and others. Atlas develops a 3D generative AI platform for gaming and virtual worldbuilding. Read more

Baton, a US-based entertainment company, has raised $4.2 million in seed funding. BITKRAFT Ventures led the round, with participation from Techstars, Dorm Room Fund, and others. Baton provides a collaboration platform for unreleased music. Read more

Resistomap, a Finnish biotechnology startup, has secured €2.2 million in seed funding. Ananda Impact Ventures led the round, with participation from Gaingels and Business Finland. Resistomap provides a platform to monitor antimicrobial resistance. Read more

Uniblock, a Canadian cryptocurrency company, has raised $2.3 million in seed funding. The funding round was led by Cadenza, with participation from Blockchain Founders Fund, Side Door Ventures, and others. Uniblock provides an API platform for Web3 developers. Read more

OpsLab, a US-based defense technology company, has closed a $5 million seed round. Cultivation Capital led the funding, with participation from Storm Ventures. OpsLab provides operations optimization solutions for the military. Read more

Radicl, a US-based cybersecurity company, has raised $9 million in seed funding. Paladin Capital Group led the round, with participation from Access Ventures, Denver Angels, and others. Radicl provides cybersecurity solutions for SMBs. Read more

InPlanet, a German sustainability startup, has raised €6.1 million in seed funding. Ananda Impact Ventures led the round, with participation from Salvia and FoodLabs. InPlanet provides enhanced rock weathering for carbon removal. Read more

OCOchem, a US-based climate technology company, has raised $5 million in seed funding led by TO VC. INPEX Corp., LCY Lee Family Office, and MIH Capital Management also participated. OCOchem provides carbon conversion technology. Read more

Entrio, an Israel-based financial technology company, has secured $11 million in a seed extension round. The round saw participation from American Family Ventures, Fin Capital, Selah Ventures, and Alicorn. Entrio provides a tech adoption platform for financial institutions. Read more

Quoherent, based in the USA, has secured $4.7 million in Series Seed financing. Morpheus Ventures led the round, with participation from Draper Associates, Khosla Ventures, and Alpha Edison. Quoherent is focused on developing quantum processors. Read more

Series A

Superstate, a US-based cryptocurrency company, has announced a $14 million Series A financing round. Distributed Global and CoinFund led the round, with participation from Breyer Capital, Galaxy, and others. Superstate is an asset management firm modernizing investment funds. Read more

SiLC Technologies, a US-based Internet of Things company, has secured $25 million in additional funding for its Series A round. Epson X Investment Corp led the round, with participation from Hokuyo Automatic, Hankook & Company, and ROHM Semiconductor. SiLC Technologies develops LiDAR-based vision systems. Read more

Tenet Energy, a US-based financial technology company, has raised $10 million in a Series A round. Nyca Partners led the round, with participation from Assurant Ventures and Giant Ventures. Tenet Energy provides an EV financing platform. Read more

Sensoteq, a UK-based Internet of Things company, has raised £3.8 million in a Series A funding round. Maven Capital Partners led the round, with participation from TechStart Ventures. Sensoteq develops sensors for monitoring industrial machinery. Read more

VersiFi, based in the USA, has raised $10 million in a Series A funding round. The funding was led by Hunting Hill Global Capital. VersiFi focuses on providing digital asset trading and lending services. Read more

Levenue, a Netherlands-based financial technology company, has secured €8.7 million in a Series A funding round. Truffle Capital led the round, with participation from Freshmen Fund. Levenue specializes in revenue-based financing. Read more

Bezi, a US-based manufacturing technology company, has raised $13 million in a Series A funding round. Benchmark led the round, with participation from Uncork Capital and Designer Fund. Bezi provides a collaborative 3D design platform. Read more

Series B

OfferFit, a US-based marketing technology company, has raised $25 million in a Series B round led by Menlo Ventures. Ridge Ventures, Canvas Ventures, and others also participated. OfferFit offers an AI-driven experimentation platform. Read more

Element Energy, based in the USA, has raised $73 million in a Series B funding round led by Keyframe Capital Partners. Cohort Ventures, Drive Catalyst, and others also participated. Element Energy develops battery management systems. Read more

Vulcan Cyber, an Israel-based cybersecurity company, has closed a $55 million Series B funding round. Maor Investments and Ten Eleven Ventures led the round, with participation from Dawn Capital and Wipro Ventures. Vulcan Cyber provides a cyber risk management platform. Read more

Series C and E

ALTR, a US-based data management company, has closed a $25 million Series C financing round led by John Stafford III. ALTR specializes in data access governance and security solutions for cloud data warehouses. Read more

Urbanic, a UK-based retail technology company, has raised $150 million in a Series C funding round. Mirabaud Lifestyle Impact & Innovation Fund, D1 Capital Partners, and JAM Fund participated. Urbanic is a fashion brand focused on AI/ML. Read more

Blockchain.com, a US-based cryptocurrency company, has secured $700 million in a Series E funding round. Kingsway Capital led the round, with participation from Baillie Gifford, Lakestar, Lightspeed Venture Partners, and Coinbase Ventures. Blockchain.com operates a cryptocurrency exchange. Read more

Strategic and Venture

Launchpad.build, a US-based robotics company, has secured a strategic investment from Lockheed Martin Ventures. Launchpad.build focuses on developing AI-powered robotics and automation solutions. Read more

Kinetex, a US-based cryptocurrency company, has secured funding for building the future of cross-chain trading on the Gnosis Chain. The funding comes from Factor and Gnosis Chain. Kinetex provides a cross-chain trading platform. Read more

IQAX, based in Hong Kong, has invested in BoxPlus, combining innovative IoT solutions for the shipping industry. IQAX provides IoT solutions for the shipping industry. Read more

Injectsense and sister company Injectpower, based in the USA and France, have secured $9.4 million in venture funding from private investors and Bpifrance. The companies focus on developing miniaturized medical devices and batteries. Read more

Forward, a US-based healthcare technology company, has raised $100 million in venture funding from undisclosed investors. Forward provides telehealth services. Read more

Puzzle, a US-based financial technology company, has raised an additional $30 million in venture funding. S32 led the round, with participation from XYZ Capital, General Catalyst, FOG Ventures, and others. Puzzle provides an AI-powered accounting platform. Read more

Interesting reads: