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Welcome to our daily newsletter on tech funding. Here are the top recent deals.
TF Analytix team.
GrowthGuidePoint Security, a USA-based cybersecurity solutions provider, has attracted a new round of growth capital on October 10, 2023. Audax Private Equity was the primary investor in this round. GuidePoint Security focuses on providing cutting-edge cybersecurity solutions. Read more
Assured Data Protection, operating in the UK, secured a round of growth capital on October 10, 2023. Soho Square played a key role as an investor in this funding. Assured Data Protection specializes in data protection and acts as a managed service provider for backup and disaster recovery. Read more
FourJaw, a UK-based startup, successfully raised $1.8 million in funding on September 10, 2023. NPIF – Mercia Equity Finance and Mercia were the main contributors to this investment. FourJaw focuses on Internet of Things solutions, specifically in the field of manufacturing optimization. Read more
Pre-seedTriastek, headquartered in Nanjing, China, completed a significant pre-C funding round on September 10, 2023, raising $20.4 million. Guoxin Investment and Goldmine Multi-Family Office, along with Mr. Xiaodong Zheng, were the prominent investors. Triastek specializes in 3D printing technology for pharmaceuticals, primarily for drug development and manufacturing. Read more
Harmony, a USA-based HR technology startup, secured pre-seed funding on October 10, 2023, with Connetic Ventures as the investing partner. Harmony is developing an AI platform for personalized workplace communication to revolutionize how organizations communicate within the workplace. Read more
Dwellr, a Nebraska startup in the USA, completed a pre-seed funding round on October 10, 2023, with backing from Move Venture Capital and Invest Nebraska. Dwellr offers an online marketplace for senior living search, aiming to transform the search for senior care. Read more
Infrared City, based in Austria, secured €1 million in pre-seed funding on October 10, 2023, with xista science ventures leading the investment. Infrared City is working on an AI simulation platform for climate-aware design, with a focus on environmental design simulation. Read more
KINO Studios, operating in the USA, announced a pre-seed funding round on October 10, 2023, raising over $2 million. Sequoia Capital played a key role in this investment. KINO Studios is building an entertainment community platform with a web3 model. Read more
SeedGutsy, a cybersecurity startup in the USA, emerged from stealth mode by securing $51 million in a seed round. YL Ventures and Mayfield were the primary investors. Gutsy is applying process mining to improve security governance. Read more
SOTAI, based in the USA, secured $2 million in seed funding on October 10, 2023, with Four Rivers as the main investor. SOTAI specializes in Explainable AI for model transparency and collaboration. Read more
Circular, located in Singapore, raised $7.6 million in seed funding on September 10, 2023. The investment was led by AirTree Ventures, with participation from YC Continuity Fund, Global Founders Capital, Partech Ventures, and January Capital. Circular offers a tech device subscription service for consumers. Read more
Sensigo, based in San Carlos, CA, secured $5 million in seed funding on September 10, 2023. UP.Ventures and Porsche AG were the main investors. Sensigo specializes in automotive data analytics for maintenance and diagnostics. Read more
MarketLeap, founded by ex-Amazon and Jumia executives, completed a €2.6 million funding round to support its expansion into the US. Notion Capital led the round, with participation from Kima Ventures, Motier Ventures, and Expon Capital. MarketLeap focuses on AI-powered ecommerce marketplace management. Read more
Meolaa, an Indian e-commerce firm, secured $2 million in seed funding. The funding came from Turbostart. Meolaa operates as an e-commerce marketplace for sustainable consumer products. Read more
Kennek, a lending tech provider in the UK, closed an oversubscribed $12.5 million seed round on October 10, 2023. HV Capital led the round, with participation from Dutch Founders Fund, AlbionVC, FFVC, Plug & Play Ventures, and Syndicate One. Kennek focuses on lending infrastructure and operations. Read more
CrossFund, based in Singapore, secured a $1.5 million investment to fuel growth and innovation on October 10, 2023. BlockBase Ventures was the lead investor. CrossFund operates as a startup equity financing platform. Read more
Zest Equity, located in the UAE, raised $3.8 million in seed funding on October 10, 2023. The investment came from Middle East Venture Partners, Dubai Future District Fund, and DASH Ventures. Zest Equity focuses on digitizing private market transactions. Read more
Sincera, operating in the USA, raised $4.2 million in seed funding on October 10, 2023. The funding was led by NextView Ventures, with participation from AperiamVentures, LiveRamp Ventures, and The Trade Desk. Sincera specializes in ad tech metadata services. Read more
MDisrupt, based in the USA, closed a $3 million seed funding round. The Venture Collective led the round, with participation from Capita3, 3plus VC, Geek Ventures, Mindshift Capital, The BFM Fund, Zane Venture Fund, Emmeline Ventures, Growth Factory. MDisrupt operates as a health tech and life sciences expert marketplace. Read more
raicoon, an energy technology startup in Austria, secured $4.2 million in seed funding on October 10, 2023. PUSH VC was the lead investor, with participation from Voltares and a private family office. raicoon specializes in solar energy operations optimization. Read more
minds.ai, operating in the USA, secured $5.3 million in seed funding on October 10, 2023. Monta Vista Capital led the round, with participation from Momenta. minds.ai focuses on AI optimization for semiconductor manufacturing. Read more
Plan Forward, a healthcare technology startup in the USA, raised $2 million in seed B funding. Elevate Ventures led the round, with participation from IU Ventures and Revere Partners. Plan Forward specializes in dental membership and insurance software platforms. Read more
Series ACleanlab, a data management startup based in the USA, has secured $25 million in a Series A funding round. The investment was led by Menlo Ventures and TQ Ventures, with participation from Bain Capital Ventures and Databricks Ventures. Cleanlab specializes in automated data curation platforms to enhance the reliability of enterprise AI and analytics solutions. Read more
Azul 3D, a 3D printing startup located in the USA, has closed a Series A funding round, raising $15 million. DuPont led the round, with participation from Beta Lab and GS Futures. Azul 3D is known for its proprietary High-Area Rapid Printing technology. Read more
Orus, a French insurtech startup, has successfully completed a Series A funding round, raising €11.7 million. Notion Capital and VR Ventures/Redstone played key roles as investors, with participation from Frst, Partech, and Portage. Orus focuses on simplified business insurance products for small and medium-sized businesses. Read more
Thread, a USA-based startup, has announced $15 million in Series A funding. The round was led by Badlands Capital, with participation from Minnkota Power Cooperative, Generational Partners, Rosecliff Ventures, Excell Partners, Homegrown Capital, Wonder Fund North Dakota. Thread specializes in autonomous data collection for utility asset management. Read more
Arctop, a healthtech startup based in the USA, has secured $10 million in a Series A funding round. Fifth Growth Fund and Supermoon Capital were the primary investors. Arctop specializes in a software platform for brain decoding and cognition analytics. Read more
FluidAI Medical, a Canadian healthcare technology company, has secured C$15 million in a Series A funding round. The investment was led by SOSV and Graphene Ventures, with participation from Boutique Venture Partners, Threshold Impact, Cur8 Capital, Leva Capital, Kyto Technology & Life Science, Juno Pharmaceuticals, and angel investors. FluidAI Medical specializes in postoperative patient monitoring through an AI platform. Read more
Saronic, a USA-based defense technology company, announced a $55 million Series A funding round. Caffeinated Capital led the round, with participation from 8VC, U.S. Innovative Technology Fund, Andreessen Horowitz, Lightspeed Venture Partners, Point72 Ventures, Silent Ventures, Overmatch Ventures, Ensemble VC, and Cubit Capital. Saronic specializes in maritime autonomous surface vessels for defense purposes. Read more
Efabless, a USA-based semiconductor company, has raised $6.3 million in a Series A-1 funding round featuring investments from GlobalFoundries, Synopsys, and New North Ventures. Efabless focuses on enabling community-based chip design and decentralized manufacturing. Read more
Series BTileDB, a USA-based data management company, has closed a $34 million Series B funding round. AlleyCorp led the round, with participation from Two Bear Capital, Nexus Venture Partners, Big Pi Ventures, Intel Capital, Uncorrelated, Lockheed Martin Ventures, Amgen Ventures, NTT Docomo Ventures, Verizon Ventures, S Ventures, and LDV Partners. TileDB aims to consolidate data, code, and compute in one product. Read more
SuperOps.ai, operating in the USA, has secured $12.4 million in Series B funding. Addition led the round, with participation from March Capital and Matrix Partners. SuperOps.ai offers an AI-powered IT management platform for Managed Service Providers (MSPs). Read more
InsuranceDekho, an India-based insurance technology company, announced a $75 million Series B funding round. The funding was led by Eurazeo and Mitsubishi UFG Financial Group. InsuranceDekho specializes in insurance comparison services. Read more
Series C, D and EPair Eyewear, a USA-based consumer goods company, has secured $75 million in a Series C funding round. Prysm Capital led the round, with participation from New Enterprise Associates, Javelin Venture Partners, and Christian McCaffrey. Pair Eyewear is known for its direct-to-consumer customizable prescription eyewear. Read more
Acceldata, a USA-based data management company, announced $10 million in Series C funding. The funding was led by Prosperity7 Ventures, with participation from March Capital, Sanabil Investments, Industry Ventures, and Insight Partners. Acceldata specializes in enterprise data observability. Read more
Sermatec, a Chinese energy technology company, has raised funds in a Series C financing round. Triniti Capital and other investors, including Foxconn Industrial Internet, Guanghui Investment China, Cowin Capital, Sinovation Ventures, and China Three Gorges Corporation, participated. Sermatec focuses on energy storage systems and digital energy operations. Read more
Leadrive Technology, based in Hong Kong, has closed over RMB 600 million in a Series D financing round. The funding included participation from Legend Capital, Volvo Car Technology Fund, and other investors. Leadrive Technology specializes in semiconductor modules and electric drive solutions for electric vehicles (EVs). Read more
Shiprocket, an India-based supply chain technology company, has secured $11 million in a Series E funding round with McKinsey & Co. as the investor. Shiprocket provides an ecommerce logistics platform. Read more
Strategic and venturePurple Wave, a USA-based automotive technology company, has received a strategic investment from Copart. Purple Wave specializes in vehicle auctions, particularly in the heavy equipment segment. Read more
Aliro Quantum, a USA-based cybersecurity company, has completed a funding round with investments from Accenture Ventures and Leaders Fund. Aliro Quantum focuses on developing entanglement-based secure networking solutions. Read more
Boxabl, a USA-based construction technology company, has secured $3.2 million in new funding through Regulation Crowdfunding. Boxabl specializes in prefab housing using advanced manufacturing techniques. Read more
Korio, a USA-based healthcare technology company, has secured $6.8 million in venture funding from Excelerate Health Ventures, Boston Millennia Partners, and other strategic investors. Korio focuses on technology for clinical trial randomization and supply management. Read more
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