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Welcome to our daily newsletter on tech funding. Here are the top deals that happened yesterday.
TF Analytix team.
Government Grant:
Mobility company MMDA secures $3 million grant from Natural Resources Canada to enhance electric vehicle charging infrastructure in Manitoba through the EV Charging Infrastructure Program.
Seed Funding:
Retail technology startup StoreConnect raises $9 million in seed funding led by Bellini Capital, revolutionizing eCommerce with an all-in-one platform for SMBs.
Creative tools provider Blended Sense secures $2.5 million in seed funding from Terrence Murphy Sr. to enhance media technology for creative professionals.
Regulatory technology startup RiskScout announces undisclosed seed funding round with investors including Castle Creek Capital and Launchpad Capital for their cloud compliance software for banks.
Climate technology company Goodwings secures $1.5 million in late seed funding led by Global Cleantech Capital, advancing their sustainable travel management platform.
Entertainment startup Made on Earth Games receives $3.25 million in seed funding from GEM Capital, The Games Fund, Raga Partners, and Heracles Capital for mobile game development.
Telecommunications company BBT.live raises $8.4 million in seed funding led by Tzvi Neta for their secured SD-WAN/SASE solution for service providers.
Supply chain technology startup Aircon secures $3.3 million seed funding from Underscore VC for their AI-powered air cargo optimization solutions.
Series A Funding:
Food technology company Yerbaé successfully closes the first tranche of a celebrity investment round, securing over $4 million to advance their plant-based energy drink offerings.
Energy technology startup American Battery Factory raises undisclosed development capital in a Series A funding round to support the growth of their battery cell manufacturing operations.
Healthcare technology company Lykon raises an additional €2.5 million in Series A funding from Zintinus Fund I and undisclosed investors to support their personalized nutrition offerings based on blood tests.
Artificial intelligence startup Prins AI raises $22 million in a Series A funding round to develop their AI-driven digital persona training product.
Robotics company HEO Robotics secures $12 million in Series A funding from AirTree Ventures to expand their satellite services, focusing on space debris monitoring for satellites.
Series B Funding:
Biotechnology firm Genesis Therapeutics secures $200 million in Series B funding, with participation from a16z, NVIDIA Capital, and an undisclosed US life sciences investor, to advance their AI-powered drug discovery platform.
Food technology company ENOUGH raises €40 million in Series B funding from World Fund, CPT Capital, AXA IM Alts, and other investors to high-scale mycoprotein production for plant-based meat and dairy alternatives.
Marketplace startup Ghost gains $30 million in Series B funding led by Cathay Innovation, with participation from Union Square Ventures, Equal Ventures, and Eniac Ventures, to expand their B2B marketplace for surplus inventory.
Series C Funding:
Entertainment company Anghami receives $5 million in Series C funding from SRMG Ventures, strengthening their position as the leading music streaming platform in the MENA region.
Space technology company Axiom Space raises $350 million in Series C funding from Aljazira Capital, Boryung, deep tech funds, and brand partners, to further develop the world's first commercial space station.
Series D Funding:
Financial technology startup Teamshares raises $245 million in Series D funding led by QED Investors, with participation from Inspired Capital, Khosla Ventures, Slow Ventures, Spark Capital, and Union Square Ventures, to expand their employee stock ownership platform for small businesses.
Interesting reads:
