Tech funding daily

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

TF Analytix team.

Data snippet

Cybersecurity startups have raised around $1 billion so far this quarter, with both deal value and number of rounds on track to surpass the third quarter, when 58 cyber security companies together raised $1.2 billion. If you want access to this data, email us at [email protected].

Convertible and growth

Rivalry has announced a $14 million investment in a convertible funding round from an undisclosed existing institutional shareholder. Rivalry Corp. operates in the entertainment sector, specializing in sportsbook and iGaming. The funds will be utilized to accelerate the growth of its iGaming and sportsbook operations. Read more

Northvolt has raised $138 million in a convertible funding round with the participation of CDPQ. Northvolt specializes in climate technology, particularly the manufacturing of lithium-ion batteries. The funding will support the company's efforts in the production of batteries. Read more

Happy Money has secured additional funding in a growth round led by TruStage Ventures. The platform operates in the consumer lending sector. The funds will be used to support and further develop its consumer lending platform. Read more

Ambyint has closed a growth funding round with participation from Mercury and Montrose Lane, as well as support from BDC Capital and Accelerate Fund III. Ambyint operates in the energy technology sector, providing AI production optimization for oil and gas. The funds will aid the company in its production optimization efforts. Read more

Matsmart-Motatos has closed an oversubscribed capital round of $40 million led by Circularity Capital and with participation from existing shareholders. Matsmart-Motatos operates in the e-commerce sector, specifically in online grocery retail. The funds will support the company's growth in the grocery e-commerce market. Read more

Pre-seed and seed

Kakarot has secured pre-seed funding from StarkWare, Vitalik Buterin, and LambdaClass. Kakarot operates in the blockchain sector, focusing on the development of the zkEVM blockchain platform. The funds will be used to further develop and advance the platform. Read more

Frieda Health has secured €2.5 million in pre-seed funding from Maximon Longevity Co-Investment Fund. Frieda Health operates in the healthcare technology sector, providing a digital health platform for menopause. The funds will be used to boost innovative solutions for menopause. Read more

Kind Designs has raised $4 million in a seed funding round led by Mark Cuban and Anthropocene Ventures. The startup operates in construction technology, specializing in the 3D printing of sustainable seawalls. The funds will support the development and deployment of their innovative construction solutions. Read more

Last.app has secured $5 million in seed funding led by Nauta Capital, All Iron Ventures, and Bynd Ventures. Last.app operates in the hospitality technology sector, providing a Business OS for restaurants. The funds will be used to power restaurants across Europe. Read more

Ida has secured €2.9 million in seed funding from Frst, Daphni, and Motier Ventures. Ida operates in the supply chain technology sector, focusing on fresh food ordering optimization for grocery stores. The funds will be used to enhance and expand their supply chain optimization solutions. Read more

AutoGPT has secured $12 million in seed funding from undisclosed investors. AutoGPT operates in the artificial intelligence sector, providing open source conversational AI solutions. The funds will be used to advance the development of their conversational AI platform. Read more

OMTrade has raised $6 million in seed funding from Find Satoshi Lab, Folius Ventures, Meteorite Labs, Incuba Alpha, and others. OMTrade operates in the cryptocurrency sector, focusing on social crypto trading. The funds will be utilized to support and expand their social crypto exchange platform. Read more

Falcomm has secured $4 million in seed funding from Squadra Ventures, Cambium Capital, and Georgia Tech Foundation. Falcomm operates in the semiconductors sector, specializing in RF power amplifiers for wireless communications. The funds will support the development and deployment of their power amplifiers. Read more

Pricepally has raised $1.3 million in seed funding from Samurai Incubate, SOSV, ELEA, Hi2 Global, Chui Ventures, David Mureithi, and others. Pricepally operates in the e-commerce sector, providing an online grocery platform for fresh produce and packaged food. The funds will support the expansion of their online grocery services. Read more

Sleek has raised $5 million in seed funding from Binance Labs, Shima Capital, Spartan Group, Symbolic Capital, and others. Sleek operates in the social media sector, providing a Web3 social network and blockchain identity platform. The funds will be used to power the ownership economy through their social network. Read more

Cumulus Coffee Company has secured $20.3 million in seed funding from Valor Siren Ventures, Valor Equity Partners, Maveron, Howard Schultz, Linden Ventures, Carter Reum, Ryan Tedder, and others. Cumulus Coffee Company operates in the food technology sector, providing a cold brew coffee system for home use. The funds will be used to expand their coffee technology services. Read more

Ediphi has raised $6.5 million in seed funding from Suffolk Technologies. Ediphi operates in the construction technology sector, providing cloud-based construction cost estimating software. The funds will be used to enhance and expand their cost estimating solutions. Read more

Glencoco has raised $3 million in seed funding from Felicis, Crossbeam, Liquid 2 Ventures, Browder Capital, SOMA Capital, Gold House Ventures, and angels. Glencoco operates in the marketplace sector, providing a business development consultant marketplace. The funds will be used to support and expand their marketplace services. Read more

Suger has raised $3.5 million in seed funding from Craft Ventures, Intel Capital, Y Combinator, and others. Suger operates in the enterprise resource planning (ERP) sector, specializing in cloud marketplace sales. The funds will be used to further develop and expand their sales platform for cloud marketplaces. Read more

Union Labs has raised $4 million in seed funding from Galileo, Semantic Ventures, Tioga Capital, Nascent, and others. Union Labs operates in the blockchain sector, focusing on blockchain interoperability. The funds will support the development of their interoperability layer for blockchain. Read more

Handraise has closed a $6.4 million seed funding round with participation from Silverton Partners, Floodgate, Bill Wood Ventures, Firebrand VC, Aperiam Ventures, Active Capital, Sputnik ATX VC, Capital Factory, and angels. Handraise operates in the artificial intelligence sector, providing an AI platform for PR analytics and amplification. The funds will be used to enhance and expand their media analytics platform. Read more

Siena AI has secured $4.7 million in seed funding from Sierra Ventures, Parri Passu Ventures, SpaceStation Investments, Village Global, The Council, OpenSky Ventures, and others. Siena AI operates in the artificial intelligence sector, providing an autonomous AI chat platform for customer service. The funds will be used to further develop and expand their AI chat platform. Read more

Craftwork has raised $6 million in seed funding from Forerunner Ventures. Craftwork operates in the marketplace sector, aiming to modernize the home services market. The funds will be used to support the development and expansion of their home repair services marketplace. Read more

HockeyStack has raised $2.7 million in seed funding from General Catalyst, YCombinator, Soma Capital, Uncorrelated Ventures, and others. HockeyStack operates in the marketing technology sector, providing go-to-market analytics for B2B. The funds will be used to further develop and expand their analytics platform. Read more

Series A

Innerskin Aesthetic Clinic has raised €5 million in a Series A funding round led by Label Capital. The healthcare technology company specializes in aesthetics and operates an aesthetic clinic. The funding will support the expansion and development of their aesthetic services. Read more

Grubbly Farms has raised an undisclosed amount in a Series A funding round led by Overline and Oval Park Capital, with contributions from Chris Klaus and Gina Del Vecchio. Grubbly Farms operates in food technology, focusing on sustainable pet food with insect protein derived from black soldier fly grubs. The funds will be used to transform the pet food industry with innovative and sustainable solutions. Read more

Xingji Meizu Group has raised an impressive $276.1 million in a Series A funding round with participation from Asia Investment Capital and Harvest Global Investments. The consumer goods company specializes in smartphones and is a smartphone manufacturer. The funds will be used to further enhance and expand their smartphone offerings. Read more

Zero Emission Industries has secured $8.75 million in a Series A funding round with Chevron New Energies leading the investment, along with support from Trafigura and Crowley. The climate technology company focuses on zero-emissions marine fuel technology. The funds will be used to advance their efforts in developing sustainable marine fuel solutions. Read more

Optiwatt has secured $7 million in a Series A funding round led by Navitas Capital and Skyview Ventures, with participation from Google Ventures, Active Impact Investments, Urban Innovation Fund, and Thin Line Capital. Optiwatt operates in the energy technology sector, providing a consumer energy optimization app. The funds will be used to enhance and expand their energy optimization solutions. Read more

Inclusively has raised $13 million in a Series A funding round led by Firework Ventures, with support from Benson Capital Partners. Inclusively operates in HR technology, focusing on diversity and inclusion with its workplace inclusion SaaS. The funds will be used to further improve and expand their diversity and inclusion solutions. Read more

Workshop has secured $12 million in a Series A funding round led by McCarthy Capital, Ludlow Ventures, and M25. Workshop operates in the ERP sector, specializing in internal communications with its internal email platform. The funds will be used to enhance and expand their communication platform. Read more

VaultSpeed has raised $15.9 million in a Series A funding round led by Octopus Ventures, with participation from Fortino Capital, PMV, and BNP Paribas Fortis Private Equity. VaultSpeed operates in data management, providing an automated data transformation platform. The funds will be used to accelerate the growth of their data transformation solutions. Read more

VRgineers has secured $6 million in a Series A funding round led by Taiwania Capital, with support from Nation 1, Daniel Vávra, Somnium Space, Etnetera, Y Soft, and Damir Špoljarič. VRgineers operates in the AR/VR sector, providing VR headsets for enterprise use. The funds will be used to further develop and expand their enterprise VR solutions. Read more

blackshark.ai has raised an additional $15 million in a Series A extension, with Point72 Ventures and M12 Microsoft’s Venture Fund leading the investment. Other contributors include Maxar, In-Q-Tel, Safran, and others. blackshark.ai operates in the mapping sector, providing an AI platform for geospatial intelligence. The funds will be used to further advance their geospatial intelligence capabilities. Read more

Series B

Crisp Raises $35 Million in Series B Funding for Online Grocery Netherlands-based Crisp has raised $35 million in a Series B funding round led by Adriaan Mol and Thomas Plantenga, with participation from Keen Ventures and Target Global. Crisp operates in the ecommerce sector, focusing on online grocery with an emphasis on seasonal and local food. The funds will be used to support the expansion of their online supermarket services. Read more

Ninety has raised $35 million in a Series B funding round led by Blue Cloud Ventures, with support from Catalyst Investors and Insight Partners. Ninety operates in the ERP sector, providing a cloud-based platform for business tools. The funds will be used to further develop and expand their cloud-based business tools. Read more

TSUN has secured over RMB 100 million in a Series B funding round with IDG Capital leading the investment. TSUN operates in the climate technology sector, focusing on solar power and specializing in solar microinverters and energy storage. The funds will accelerate innovation in photovoltaic technology and sustainable energy solutions. Read more

Upway has raised $30 million in a Series B funding round led by Korelya Capital, with participation from Sequoia Capital and Exor Ventures. Upway operates in the marketplace sector, focusing on an e-bike marketplace. The funds will be used to support the growth of their e-bike marketplace services. Read more

Series C, F, strategic and venture

Cognni has secured an undisclosed amount in a Series C funding round from undisclosed existing investors. Cognni specializes in cybersecurity, offering AI-powered data classification and data security policy management (DSPM). The funds will be used to further develop and enhance their data security solutions. Read more

Route 92 Medical has raised over $31 million in a Series F funding round with participation from U.S. Venture Partners, Norwest Venture Partners, InnovaHealth Partners, and The Vertical Group. Route 92 Medical operates in the medical technology sector, specializing in neurovascular intervention with medical devices. The funds will be used to advance their efforts in developing medical devices for neurovascular intervention. Read more

SkyNRG has raised an impressive $190.9 million in strategic funding from Macquarie Asset Management. SkyNRG operates in the energy technology sector, focusing on sustainable aviation fuel development and supply. The funds will be used to support and accelerate the development of sustainable aviation fuel solutions. Read more

HALIO has raised $70 million in strategic funding from SKC. HALIO specializes in materials, offering electrochromic smart glass solutions. The funds will be used to impact the environment positively and contribute to energy savings with their smart glass technology. Read more

SGNL.ai has secured strategic funding from Cisco Investments. SGNL.ai operates in the cybersecurity sector, providing a continuous access management platform. The funds will be used to further develop and enhance their access management solutions. Read more

TomorrowNext has received a strategic minority investment from Consello. TomorrowNext operates in the financial technology sector, offering a platform for tokenized real-world assets. The strategic investment will contribute to the development and growth of their tokenized asset platform. Read more

Bazooka Tango has raised $5 million in a venture funding round led by BITKRAFT Ventures, with participation from RW3 Ventures, Sfermion, 1Up Ventures, and others. Bazooka Tango operates in the entertainment sector, focusing on game development for multiplayer games. The funds will be used to support the growth and development of their game studio. Read more

X-Bow Systems has closed a funding round with an investment from Lockheed Martin Ventures and company insiders. X-Bow Systems operates in defense technology, specializing in rocket propulsion as a solid rocket motor manufacturer. The funds will be used to advance their efforts in rocket propulsion technology. Read more

Interesting reads: