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Welcome to our daily newsletter on tech funding. Here are the top recent deals.
TF Analytix team.
Generated with AI ∙ November 22, 2023
Data snippetIn the past five months, 61 HR tech startups secured funding for a total of about $850 million. Ten companies in pre-seed, 16 in seed and 15 in Series A. Employment Hero secured the largest round, raising $167 million at a valuation of $1.37 billion, followed by HiBob with $150 million, Harri with $43 million and Nowsta with $35 million. micro1, a platform for hiring and retaining software engineers, raised the largest seed round at $30 million
Full text from Jack Dorsey to Block employees via Insider:
I want us to build a culture of excellence.
Excellence in service to our customers, excellence in our craft, excellence in our respective disciplines, and excellence to each other.We want to help everyone achieve… twitter.com/i/web/status/1…
— Jason (@requestmethod)
4:37 AM • Nov 22, 2023
Investments:
GrowthEliq has secured €10 million in growth funding from Inven Capital, Axpo, and Valkea. Eliq operates in the energy technology sector, providing a home energy management platform. The funding will be used to enhance and expand Eliq's platform. Read more
Texray Texray has raised €4.3 million in growth funding from Industrifonden and Impilo. Texray specializes in healthcare technology, developing radiation protection solutions for healthcare professionals. The funds will support the further development and market expansion of Texray's solutions. Read more
Scalestack has closed a $1 million first funding round led by Ripple Ventures, with Forum Ventures, Flyer One Ventures, and Founders Network Fund participating. Scalestack operates in artificial intelligence, providing an AI platform for sales data enrichment and prioritization. The funding will be used to further develop Scalestack's AI-powered sales tech and renew its customer relationship with MongoDB. Read more
Pre-seedPlanted Materials has secured $0.5 million in pre-seed funding from HyperGuap. Planted Materials operates in the climate technology sector, focusing on plant waste processing to convert it into renewable feedstocks. The funds will be used to drive circular economy initiatives. Read more
Rho Impact has completed a $1.125 million pre-seed funding round led by Preston-Werner Ventures, with support from Virginia Innovation Partnership Corporation, 3rd Creek Ventures, and Charlottesville Angel Network. Rho Impact operates in the climate technology sector, providing data and models to contextualize environmental impact. The funds will be used to advance Rho Impact's impact forecasting capabilities. Read more
Zerve has raised $3.8 million in pre-seed funding led by Elkstone Ventures, with participation from Sean Mullaney and Rob Hickey. Zerve operates in artificial intelligence, providing a platform to enable collaboration between data science and AI teams. The funds will be used to enhance and expand Zerve's platform. Read more
SeedExpanso has secured $7.5 million in seed investment led by General Catalyst and Hetz Ventures, with participation from Array Ventures. Expanso operates in data management, providing distributed big data processing powered by open-source software Bacalhau. The funds will be used to revolutionize distributed data processing. Read more
NanobOx NanobOx has secured $1 million in seed funding from The Yield Lab, DeepIE Ventures, and Growing Capital. NanobOx operates in the climate technology sector, having developed nanobubble technology for water treatment. The funds will be used to bring this revolutionary nanobubble technology to the market. Read more
Munch has raised $7.2 million in seed funding led by A* Capital, with support from Liquid2 and pre-seed investors. Munch operates in artificial intelligence, providing an AI platform to automate social media content creation. The funds will be used to expand Munch's social media automation platform. Read more
WealthOS has secured $2.5 million in seed funding led by Barclays, with nVentures, Outrun Ventures, and Techstars participating. WealthOS operates in financial technology, providing a cloud-native technology for wealth management functions. The funds will be used to further develop and expand WealthOS's wealth management technology. Read more
AppFlowy has raised $6.4 million in seed funding led by OSS Capital, with Automattic and YouTube founders participating. AppFlowy operates in the ERP (Enterprise Resource Planning) sector, providing an open-source project management platform. The funds will be used to enhance and expand AppFlowy's project management platform. Read more
Reboxed has secured £2 million in seed funding from ACF Investors. Reboxed operates in sustainability, offering circular economy solutions for electronics. The funds will be used to support and expand Reboxed's initiatives in the circular economy. Read more
SeeChange Technologies has raised $8 million in a seed extension funding round led by Crane Venture Partners, with Triple Point Ventures, Runa Capital, True, Portfolio Ventures, and Material Ventures participating. SeeChange Technologies operates in retail technology, providing an AI platform with computer vision for the retail industry. The funds will be used to transform global retail with visual AI. Read more
Series ARED Horticulture has secured €18.5 million in a Series A funding round from European Circular Bioeconomy Fund, Demeter IM, and Unigrains. RED Horticulture specializes in agricultural technology, offering LED lighting solutions for greenhouses. The funds will be used to reduce energy consumption in greenhouses. Read more
Vizcab has raised €5.5 million in a Series A funding round led by KOMPAS VC, with support from Rise PropTech Fund. Vizcab operates in construction technology, providing a life cycle assessment (LCA) software platform for construction projects. The funds will be used to enhance and expand Vizcab's software platform. Read more
Vendelux has raised $14 million in a Series A funding round led by FirstMark Capital, with participation from Cervin Ventures, founders of HLTH, ShopTalk, Money20/20, Manifest, Blueprint, and SaaStock. Vendelux operates in the entertainment sector, providing an AI-powered event intelligence platform. The funds will be used to take the guesswork out of B2B event marketing. Read more
Privy has raised $18 million in a Series A funding round led by Paradigm, with support from Sequoia Capital, BlueYard Capital, and Archetype. Privy operates in the cryptocurrency sector, providing APIs for onboarding users to consumer crypto products. The funds will be used to further develop Privy's onboarding platform. Read more
Kiwi has secured $13 million in a Series A funding round led by Omidyar Network India, with Nexus Venture Partners and Stellaris Venture Partners participating. Kiwi operates in financial technology, providing "credit cards with UPI" digital payments. The funds will be used to expand Kiwi's credit on UPI in India. Read more
Series CAI21 Labs Chas completed an oversubscribed Series C round, raising $208 million. The funding was led by Intel Capital and Comcast Ventures. AI21 Labs specializes in artificial intelligence, developing AI systems for enterprises. The funds will be used to further enhance and expand AI21 Labs' enterprise AI systems. Read more
VentureAppBrilliance has announced a strategic investment by Truist Ventures. AppBrilliance operates in financial technology, providing a platform for real-time A2A (account-to-account) payments. The strategic investment from Truist Ventures will support the growth and development of AppBrilliance's real-time payments platform. Read more
TRIVER has raised £25 million in venture funding from Avellinia Capital. TRIVER operates in financial technology, providing working capital financing for SMEs. The funds will be used to support TRIVER's working capital financing initiatives. Read more
Layer AI has raised $1.8 million in venture funding from The Games Fund, Akin Babayigit, Michele Attisani, and Jim Payne. Layer AI operates in the entertainment sector, bringing AI to game art production. The funds will be used to further develop Layer AI's AI-powered game art production capabilities. Read more
De.Fi has secured $5 million in venture funding for its cryptocurrency SuperApp and antivirus. The funding round saw participation from OKX, Binance, Coinbase directors, and other notable investors. De.Fi offers a SuperApp and antivirus for cryptocurrency users. Read more
Interesting reads:
