Tech funding daily

Fiber, energy tech and prop tech


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

TF Analytix team.

Generated with AI ∙ October 31, 2023

Debt, common and extension

Cyngn, a USA-based company specializing in automotive technology, recently secured $1.3 million through a common stock investment. The funding was acquired under its ATM sales agreement. Cyngn is focused on developing autonomous vehicle software. Read More

Vero Fiber Networks, operating in the USA, has successfully obtained $115 million in debt financing from Hancock Whitney Bank and Woodforest Bank. The company provides advanced telecommunications infrastructure, including fiber internet networks. Read More

Innova, based in the UK, secured a substantial debt facility of £48.6 million from Triple Point. Innova specializes in the development of renewable energy projects. Read More

Inclusivity Solutions received an extension funding of $1.5 million from Goodwell Investments. Inclusivity Solutions is known for providing embedded insurance solutions within the financial technology sector. Read More

Pre-seed and seed

BRLA Digital, operating in Brazil, successfully raised $3 million in a pre-seed round. The investment came from various angel investors. The company specializes in providing crypto payment infrastructure for the Brazilian market. Read More

Clearblow, a USA-based medical technology company, raised funding in a pre-seed round led by Global Venture Capital Partners and David McCarthy. The company is known for developing a portable spirometer for respiratory monitoring. Read More

zeroRISC, a UK-based cybersecurity company, launched with $5 million in seed funding. The funding was provided by Cambridge Angels, Pete Hutton, Wren Capital, and others. zeroRISC is focused on developing open-source silicon security solutions. Read More

Arkadia Space raised $3 million in a seed round led by Draper B1 and Expansion Ventures. The company specializes in the development of green spacecraft propulsion systems. Read More

Series A, B and C

Fibracast completed a Series A funding round, raising $44.6 million from Cycle Capital and Export Development Canada. Fibracast is known for developing membrane technologies for water treatment. Read More

Skyroot Aerospace, an Indian aerospace technology company, secured $27.5 million in pre-Series C funding from Temasek. The company specializes in developing small satellite launch vehicles. Read More

Fracttal closed a $10 million Series A funding round led by Kayyak Ventures, GoHub Ventures, Amador Holdings, BBVA Spark, and Seaya Ventures. Fracttal provides AI-driven asset maintenance software. Read More

Ambient.ai, a US-based company specializing in security technology, raised $20 million in a Series B funding round led by Allegion Ventures. The company develops AI-powered computer vision for security applications. Read More

Triplebar, a US-based company, secured $20 million in a Series B financing round. The round was led by Synthesis Capital, and it included Essential Capital, Stray Dog Capital, iSelect Fund, and The Production Board as participants. Triplebar is focused on developing microbial fermentation tech for alternative proteins. Read More

BRAINBox Solutions announced its initial Series B investments for the development and support of US regulatory clearance for its BrainBox TBI concussion diagnostic/prognostic test. The investments are in place for advancing medical technology. Read More

Neteera, an Israel-based healthcare technology company, secured an additional $6.7 million in a Series B extension. The funding was provided by Aescuvest and Foxconn Technology. Neteera focuses on developing contactless patient monitoring technology. Read More

Funnel Leasing, a US-based real estate technology company, raised $32 million in a Series B2 funding round led by RET Ventures. Other participants included Trinity Ventures and multifamily owner-operators. Funnel Leasing provides a software platform for multifamily property managers. Read More

Strategic and venture

Urbix, operating in the USA and focusing on materials technology, received a strategic investment from Appian Capital. The company specializes in graphite processing technology. Read More

Scatec, based in Norway, closed a $102 million capital financing round. The investment came from Climate Fund Managers and Sanlam Infraworks. Scatec is known for providing renewable energy solutions. Read More

Boxbollen, a Swedish company, announced a capital partnership of $2.7 million with Juni. The company is engaged in the development of boxing fitness gaming products. Read More

Faction, a US-based company involved in automotive technology, secured a new round of financing led by TDK Ventures. Other participants included Ducera Partners, Trucks Venture Capital, and Fifty Years. Faction is focused on developing advanced vehicle technology, particularly in the autonomous vehicle sector. Read More

That’s it.