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Tech funding daily
Manufacturing tech, health tech and ERP
Welcome to our daily newsletter on tech funding. Here are the top recent deals.
TF Analytix team.
Investments:
Convertible, crowdfunding and debt
Doccla has secured €5 million in convertible funding from Bertelsmann Investments. Doccla operates in healthcare technology, providing virtual ward technology to monitor patients at home. The funding will support Doccla's European expansion. Read more
Atom Limbs has raised $7 million in crowdfunding from Wefunder investors. Atom Limbs operates in healthcare technology, developing advanced prosthetic limbs to restore mobility and touch. The funds will be used to further develop Atom Limbs' artificial human arm technology. Read more
Linxup has received $50 million in debt funding from Runway Growth Capital. Linxup operates in transportation technology, providing GPS tracking and telematics solutions for commercial vehicle fleets. The funding will be used to enhance and expand Linxup's fleet management solutions. Read more
Growth
Bit Origin has announced $3.9 million in growth financing. Bit Origin operates in the cryptocurrency sector, focusing on crypto mining. The funds will be used to execute Bit Origin's business plan. Read more
Enqura has raised $2.9 million in growth funding from the Visa Innovation Program Europe 2023 Turkey Edition. Enqura operates in financial technology, providing an AI-based ID verification platform. The funds will be used to advance Enqura's ID verification technology. Read more
Factbird has secured €16 million in growth funding from Expedition Growth Capital and EIFO. Factbird operates in manufacturing technology, providing manufacturing intelligence solutions to optimize production. The funds will boost international growth for Factbird. Read more
Planet Farms has raised $500 million in growth funding from undisclosed investors. Planet Farms operates in agricultural technology, running vertical farms to grow produce. The funds will be used to expand Planet Farms' vertical farming operations. Read more
Biomel has raised £5.5 million in growth funding from Iris Ventures. Biomel operates in food technology, producing plant-based probiotic drinks promoting gut health. The funds will be used to support and expand Biomel's plant-based gut health products. Read more
biped.ai has secured CHF 1.4 million in growth funding from Serpentine Ventures, Juchum Foundation, and multiple business angels and startup funds. biped.ai operates in healthcare technology, providing AI-powered smart navigation harness for visually impaired users. The funding will support biped.ai's US expansion and European growth. Read more
FrontEdge has secured $10 million in growth funding from TLG Capital and Flexport. FrontEdge operates in financial technology, providing financing and software tools for cross-border trade. The funds will be used to further develop FrontEdge's trade finance solutions. Read more
nPloy has raised €2 million in growth funding from Morningside Hill VC and Blue Ocean Ventures. nPloy operates in HR technology, providing a Tinder-like platform to match job seekers with employers. The funds will be used to innovate the job search experience. Read more
Pre-seed
Generative Engineering has secured £4.3 million in pre-seed funding from EQT Ventures and JOIN Capital. Generative Engineering operates in industrial technology, providing a platform to increase the efficiency of the engineering process. The funds will be used to make physical engineering more efficient. Read more
Samudra Oceans has secured £150,000 in pre-seed funding from British Design Fund. Samudra Oceans operates in agricultural technology, providing AI-powered robots for seaweed farming. The funds will be used to further develop and enhance Samudra Oceans' AI robots for seaweed farming. Read more
BusCaro has raised $1.5 million in pre-seed funding from Orbit Startups, Wahed Ventures, and angel investors. BusCaro operates in transportation technology, providing an app-based commuting platform with safety features. The funds will be used to support BusCaro's growth and development. Read more\
Seed
Vivodyne has announced $38 million in seed financing led by Khosla Ventures, with support from CS Ventures, MBX Capital, and Bison Ventures. Vivodyne operates in biotechnology, developing lab-grown human organs to test drugs. The funds will be used to further develop Vivodyne's lab-grown human organ technology. Read more
Birdseye has raised $3 million in seed funding from Drive Capital. Birdseye operates in ecommerce, providing hyper-personalized shopping recommendations using AI. The funds will be used to revolutionize how brands and retailers target customers. Read more
Defog has secured $2.2 million in seed funding from Script Capital, Y Combinator, Hike Ventures, and Pioneer Fund. Defog operates in artificial intelligence, building Large Language Models (LLMs) for data analysis and converting natural language to SQL. The funds will be used to further develop Defog's LLM technology. Read more
Avarni has raised $1.6 million in seed funding from Main Sequence, Sprint Ventures, and AfterWork Ventures. Avarni operates in climate technology, providing an AI-powered carbon management platform. The funds will be used to enhance and expand Avarni's carbon management solutions. Read more
Phare Health has secured £3.14 million in seed funding from General Catalyst, KHP Ventures, and Bertelsmann Investments. Phare Health operates in healthcare technology, providing fintech tools to help hospitals understand finances. The funds will be used to further develop Phare Health's AI-powered fintech tool for hospitals. Read more
Relay has raised $10 million in seed funding from Project A Ventures and Prologis Ventures. Relay operates in supply chain technology, providing on-demand B2B parcel delivery services using an asset-light model. The funds will be used to scale Relay's operations in the UK. Read more
Osium AI has secured €2.6 million in seed funding from Y Combinator, Singular, Kima Ventures, Collaborative Fund, Raise Phiture, and multiple business angels. Osium AI operates in artificial intelligence, developing an AI platform to optimize materials research and development. The funds will be used to further enhance and expand Osium AI's AI platform. Read more
CityLegends has secured €1.1 million in seed funding from LeanSquare, LUMO Labs, Dutch Sport Tech Fund, and Matthieu de Clercq. CityLegends operates in the entertainment sector, providing a community platform for urban athletes and artists. The funding will be used to further develop and expand CityLegends' sports community platform. Read more
Blindspot Technologies has raised €1 million in seed funding from Prozeta, Gi21 fund, and Presto Ventures. Blindspot Technologies operates in cybersecurity, providing cloud-based DDoS protection services. The funds will be used to enhance Blindspot Technologies' DDoS protection solutions. Read more
DoorFeed has secured £6 million in seed extension funding from Motive Partners, Stride VC, and Seedcamp. DoorFeed operates in real estate technology, providing a property data platform. The additional funds will support DoorFeed's expansion and enhance its property data platform. Read more
Series A, B and C
Crezco has received £12 million in Series A funding from MMC Ventures and 13Books Capital. Crezco operates in financial technology, enabling easy, instant, and secure B2B invoice payments using open banking. The funds will be used to further develop Crezco's invoice payments platform. Read more
HappyPal has secured €7 million in Series A funding from Educapital and Anthemis. HappyPal operates in HR technology, offering a digital employee benefits platform targeted at deskless workers. The funds will be used to revolutionize employee benefits. Read more
Obat has raised €13.1 million in Series A funding from Crédit Mutuel Innovation, New Alpha Asset Management, NCI, Kima Ventures, and angel investors. Obat provides software to manage construction projects. The funds will be used to enhance and expand Obat's construction management software. Read more
HumanForest has raised £15 million in a Series A extension from Triodos Bank UK, TheVentureCity, and multiple family offices and angel investors. HumanForest operates in transportation technology, providing an affordable electric bike sharing service in London. The funds will be used to expand HumanForest's electric bike sharing service. Read more
Universal DX has closed a $70 million Series B financing round with Quest Diagnostics. Universal DX operates in healthcare technology, developing liquid biopsy tests for cancer screening. The funds will be used to further advance Universal DX's liquid biopsy technology. Read more
EACON Mining Technology has secured $55.22 million in Series C funding from Richen Capital, Shenyin&Wanguo Capital Management, and ESTAR Capital. EACON Mining Technology provides autonomous haulage solutions for the mining industry. The funds will be used to propel the development and deployment of EACON's autonomous haulage solutions. Read more
Indy has raised €43.6 million in Series C funding from BlackFin Capital Partners, La Maison, and iXO. Indy operates in ERP, providing automated accounting solutions for freelancers. The funds will be used to further develop and expand Indy's digital accounting solutions. Read more
Strategic and venture
EXACT Technology has received a strategic investment from Lafarge Canada. EXACT Technology Corporation operates in construction technology, offering digital solutions to monitor concrete construction processes. The strategic investment will support the development and deployment of EXACT's concrete technology solutions. Read more
Piasecki Aircraft has secured strategic funding from AFWERX and Air Force Research Laboratory. Piasecki Aircraft Corporation develops VTOL aircraft and hydrogen fuel cell propulsion systems. The strategic funding will support the advancement of Piasecki Aircraft Corporation's VTOL aircraft and hydrogen propulsion technologies. Read more
Floreon has received £2 million in venture funding from Northern Gritstone. Floreon operates in materials, developing biodegradable plastics from plants. The funding will be used to further enhance and expand Floreon's biodegradable plastics technology. Read more
Callyope has raised €2.2 million in venture funding from 360 Capital, BPI Digital Venture, No Label Ventures, and multiple business angels. Callyope operates in healthcare technology, developing a speech-based monitoring platform for mental health patients. The funds will be used to treat mental health conditions with Callyope's AI tool. Read more
Kibus Petcare has raised €1.1 million in venture funding from Easo Ventures. Kibus Petcare provides an automated device to cook pet food. The funds will be used to further develop and market Kibus Petcare's automated pet food cooking device. Read more
That’s it.