Tech funding daily

Energy tech energyRe raised $1.2 billion, semiconductor startup Coherent secures $1 billion, and AI cloud computing firm CoreWeave sells $642 million in a secondary.


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

TF Analytix team.

Please reach out to us at [email protected].

Funding deals:

Growth

Resurgens Technology Partners invests in Valant, a leader in behavioral health EHR software. The growth funding will support Valant's cloud-based solutions for behavioral health practices. Read more

energyRe raises $1.2 billion from investors including Glentra Capital and Novo Holdings. The growth funding will accelerate energyRe's work on renewable energy projects in the US. Read more 

mylight150, a French company specializing in solar self-consumption solutions, secured €108.3 million from investors like Eiffel Investment Group and Andera Partners. The growth funding will expand mylight150's energy transition offerings in Europe. Read more

Rentman, a Dutch SaaS company serving the events and media production sector, raised €21.7 million from Expedition Growth Capital. The growth funding will power Rentman's expansion. Read more

Wakeo, a French startup with a platform for global supply chain visibility, raised $19.5 million led by Statkraft Ventures. The growth funding will advance Wakeo's intercontinental tracking capabilities. Read more

Secondary and seed

CoreWeave sold $642 million in secondary shares to investors like Fidelity and JPMorgan Asset Management. The secondary funding values the specialized AI computing provider at over $6 billion. Read more

Clever Carnivore raised $7 million led by Lever VC. The seed funding will help the company scale up production and reduce costs. Read more

Perpetual Medicines completed an $8 million seed round led by Chengwei Capital. The startup will use the funds to advance its integrated peptide drug design platform. Read more

Trackstar raised $2.6 million to launch the first universal API for warehouse management systems. The seed funding will help digitize supply chain infrastructure. Read more

GameTree secured $1.7 million seed funding led by Corazon Capital to create safe spaces for gamers globally. Read more

Up Catalyst raised €4.3 million to convert carbon dioxide into battery graphite. The seed funding will advance the company's novel battery materials technology. Read more

Lignovations produces bioplastics from lignin and raised €2.2 million led by Borregaard. The seed funding will scale up commercialization of its biomaterials. Read more

Series A, B and C

Rohirrim, providing enterprise generative AI solutions, raised $15 million led by Insight Partners. The Series A funding will expand its domain-aware AI platform. Read more

January closed a $12 million Series B round. The startup aims to humanize debt collection with its latest funding. Read more

ArmorCode secured $40 million led by HighlandX Venture Partners. The Series B round will unify application and infrastructure security offerings. Read more 

Nth Cycle raised $37 million led by VoLo Earth Ventures to scale its clean critical metal refining technology. With new funds, the company can reduce waste in the EV supply chain. Read more

Igloo, an insurtech startup, bagged $36 million in pre-Series C funding to expand its insurance products across Asia. Read more

Biryani By Kilo raised $9 million in Series C funding led by Alpha Wave Ventures. The fresh capital will aid the startup's regional expansion plans. Read more

Strategic and venture

Eurofase secured an investment from Beach Point Capital Management. The strategic funding will help Eurofase enhance productions and manufacturing. Read more

Coherent's silicon carbide semiconductor business completed $1 billion in new investments to meet electrification demands. DENSO and Mitsubishi Electric backed the strategic move. Read more 

TechMet secured $50 million from USDFC during COP28. The venture funding will expand TechMet's supply chain operations for battery minerals. Read more

EndoQuest Robotics closed a $42 million financing round led by CE Ventures to progress its endoluminal robotics technology for minimally invasive procedures. Read more

Hurr raised £10 million from Praetura Ventures to aid its expansion in the UK sustainable retail space. Read more

Jellyverse, a Swiss DeFi startup, secured $2 million in seed funding from private investors. The platform for advanced decentralized financial services will use the funds to build DeFi 3.0. Read more

LandX, an agricultural finance protocol, raised $5 million in a private funding round. The DeFi startup will use the venture funding to expand its blockchain-based financial services for the agriculture sector. Read more

Intersting reads: