Tech funding daily

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

TF Analytix team.

Growth

• ThetaRay, an Israeli financial technology company specializing in payments, raised $57 million in growth equity funding. Portage led the round, with participation from JVP and OurCrowd. ThetaRay develops AI-powered payments monitoring and screening solutions. Source

Seed

• Cirkla, an Indian sustainability company focusing on sustainable packaging, secured $3 million in pre-seed funding. Matrix Partners India led the round, with participation from Stellaris Venture Partners and angel investors. Cirkla provides sustainable packaging solutions. Source

• Athena Alliance, a USA-based education technology company specializing in leadership development, raised $2.5 million in seed funding. The funding was led by Leonas Capital and Advisory. Athena Alliance operates a leadership development community for women executives and board members. Source

• Kind Designs, a US climate technology company focused on climate resilience, secured $5 million in seed funding. GOVO Venture Partners led the round, with participation from M4 Investing and the Florida Opportunity Fund. Kind Designs develops 3D printed eco-friendly seawalls. Source

• Numeral, a US-based enterprise resource planning (ERP) company specializing in accounting automation, raised $3 million in seed funding. Bienville Capital led the round, with participation from AngelList Quant Fund, Kruze Consulting, and executives from high-volume businesses. Numeral is developing an automated accounting platform for high-volume businesses. Source

• Integral, a US regulatory technology company focusing on data privacy, secured $6.9 million in seed funding. Haystack led the round, with participation from The General Partnership, Virtue Ventures, Also Capital, Array Ventures, Caffeinated Capital, GreatPoint Ventures, LiveRamp Ventures, and Venrex. Integral is developing a data privacy and compliance platform for healthcare and life sciences. Source

• Enzai, a UK-based artificial intelligence company specializing in AI governance, raised $4 million in seed funding. Cavalry Ventures led the round, with participation from Seedcamp and Techstart Ventures. Enzai is developing an AI governance platform. Source

• Mindgard, a UK cybersecurity company focused on AI security, secured $3.8 million in seed funding. IQ Capital led the round, with participation from Lakestar. Mindgard is developing AI security solutions. Source

• Penny Black, a UK-based ecommerce company specializing in packaging, raised $1.8 million in seed funding. AGFA led the round, with participation from ninepointfive. Penny Black provides personalized packaging for ecommerce businesses. Source

• Atomicwork, a US HR technology company focused on employee support platforms, secured $11 million in seed funding. The round was led by Blume Ventures and Matrix Partners, with participation from Storm Ventures, Neon Fund, and angel investors. Atomicwork provides an AI-powered employee support platform. Source

• D3 Global, a US-based Web3 company reimagining domain names, raised $5 million in seed funding. Shima Capital led the round, with participation from Lightshift, Dispersion Capital, VentureSouq, Infinite Capital, MZ Web3 Fund, Kestrel0x1, Nonagon, C2 Ventures, Arthur Hayes’ Maelstrom, Identity Digital’s Paul Stahura, and others. D3 Global is reimagining domain names for the Web3 era. Source

• Orange Quantum Systems, a Netherlands-based semiconductors company focused on testing equipment for quantum chips, secured €1.6 million in seed funding. The round was led by QDNL Participations Fund and Cottonwood Technology Fund. Orange Quantum Systems is developing diagnostic tools and testing equipment for quantum chips. Source

• Worldover, a UK regulatory technology company specializing in product compliance, raised £3 million in seed funding. Index Ventures led the round, with participation from Chalfen Ventures and Entrepreneur First. Worldover provides automated product compliance software for cosmetics companies.

Series A

• Story Protocol, a US-based blockchain company focused on infrastructure, raised $54 million in series A funding. The round was led by Andreessen Horowitz, with participation from Hashed, Endeavor, Samsung Next, dao5, Insignia Venture Partners, and others. Story Protocol is building infrastructure to power open and collaborative IP. Source

• Ambient Photonics, a US energy technology company specializing in cleantech, secured $30 million in series A funding. Fine Structure Ventures led the round, with participation from I Squared Capital, Ecosystem Integrity Fund, and Cthulhu Ventures. Ambient Photonics is developing energy harvesting technology to power connected devices. Source

• GenTwo, a Switzerland-based financial technology company focused on securitization, raised $15 million in series A funding. Point72 Ventures led the round. GenTwo is developing a securitization platform for bankable and non-bankable assets. Source

• Treon, a Finland-based Internet of Things (IoT) company specializing in IoT solutions, secured $5.9 million in series A funding. The round was led by Ventech. Treon develops IoT solutions for industrial, buildings, and logistics applications. Source

• Nuventura, a Germany-based climate technology company focused on electrical equipment, raised $26.8 million in series A funding. The round was led by Mirova, with participation from Forward.one, EIC Accelerator, IBB Ventures, ADB Ventures, Cycle Group, Future Energy Ventures, and DOEN Participaties. Nuventura is developing SF6-free switchgear technologies. Source

• POINT.ME, a US-based travel technology company specializing in loyalty programs, raised $10 million in series A funding. Thayer Ventures led the round, with participation from PAR Capital Ventures, RiverPark Ventures, Plug and Play Ventures, and MoreThanCapital. POINT.ME operates a metasearch engine for booking flights with loyalty points.

Series B

• Caeli Energie, a France-based climate technology company focused on energy efficiency, secured €10.7 million in series B funding. Asterion Ventures and Starquest Capital led the round, with participation from Bpifrance and Rise PropTech. Caeli Energie is developing energy-efficient air conditioners. Source

• Josys, a Japan-based enterprise resource planning (ERP) company specializing in IT operations, raised $93 million in series B funding. Global Brain led the round, with participation from Globis Capital Partners. Josys develops a SaaS and device management platform for IT operations. Source

• Tribun Health, a France-based healthcare technology company focused on digital pathology, secured $16.1 million in series B funding. Bpifrance led the round, with participation from LBO, Owkin, Vivalto Family. Tribun Health is developing AI-powered digital pathology solutions. Source

• Trellis, a US legal technology company specializing in court data analytics, raised $15 million in series B funding. Top Tier Capital Partners led the round, with participation from Okapi Ventures, Calibrate Ventures, Craft Ventures, Revel Partners, and Sky Dayton. Trellis provides an AI-powered legal intelligence platform for state trial court data. Source

• Flipspaces, an Indian construction technology company focused on interior design for commercial spaces, secured $4 million in pre-series B funding. The investment was led by Prashasta Seth, with participation from prominent family groups and funds. Flipspaces provides interior design services for commercial spaces. Source

• Commsignia, a US automotive technology company specializing in connected vehicles, raised $15 million in series B funding. The investment was led by PortfoLion Capital Partners, with participation from Inventure, Day One Capital, Inference Partners, Partech, Credo Ventures, Karma Ventures. Commsignia is developing V2X communication solutions for connected vehicles. Source

• Exyn Technologies, a US robotics company focused on autonomous systems, secured series B funding. The specific funding amount and lead investors were not specified. Exyn Technologies develops autonomous robotics systems for industrial applications.

Series C

• Mujin, a Japan-based robotics company specializing in industrial automation, raised $85 million in series C funding. SBI Investment Co., Ltd led the round, with participation from Pegasus Tech Ventures, 7 Industries, Accenture, and Dr. James Kuffner. Mujin is developing intelligent robotics for manufacturing and logistics. Source

• PayJoy, a US-based financial technology company specializing in consumer finance for smartphone purchases, secured $360 million in series C-1 funding. Warburg Pincus led the round, with participation from Invus and Citi Ventures. PayJoy provides consumer financing for smartphone purchases. Source

Strategic

• Brillio, a US-based IT services company focusing on digital transformation services, announced a strategic investment by The Orogen Group. The specific investment amount and other details were not disclosed. Brillio provides digital transformation services and solutions. Source

Venture

• Sonatus, a US automotive technology company specializing in software for software-defined vehicles, announced a strategic investment by NEC and Translink Orchestrating Future Fund. The specific investment amount and other details were not disclosed. Sonatus is accelerating the transition to software-defined vehicles. Source

Interesting reads: