Tech funding daily

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

TF Analytix team.

Growth

• Veterinary care provider GoodVets, headquartered in the USA, has secured a strategic growth investment from General Atlantic and SkyKnight Capital. The investment will be used to further expand its leading veterinary care platform. GoodVets operates a network of veterinary care facilities. Source

• US-based network technology company Tarana Wireless has successfully raised $50 million in a funding round led by Digital Alpha. The funds will support the development of Tarana's fixed wireless access technology, aimed at enhancing internet connectivity solutions. The round also involved participation from undisclosed investors. Source

• Versatile Credit, headquartered in the USA, has secured a strategic growth investment from PSG. The company specializes in point-of-sale (POS) lending software solutions, enabling efficient lending options for consumers at the point of purchase. The specific investment amount and additional investor details have not been disclosed. Source

• Danish company Simple, offering services to family offices, has attracted a growth investment. However, details about the investors and the amount of the investment remain undisclosed. Simple provides family offices with knowledge, data, and access to financial services. Source

Pre-seed

• Insurance technology company Coaction Specialty, headquartered in the USA, has secured $200 million in growth capital. The investment was led by TowerBrook Capital Partners and Further Global Capital Management. Coaction Specialty specializes in offering specialty insurance products. Source

Seed

• UK-based Treefera has successfully raised $2.2 million in pre-seed funding led by Concept Ventures. Treefera specializes in providing AI-enhanced carbon offset transparency, addressing environmental challenges with innovative solutions. Source

• US-based HR technology company Lumber, focusing on workforce management in the construction industry, has raised $5.5 million in a seed funding round. The funding was led by Carbide Ventures and included support from investors such as Escape Velocity, 8VC, Sure Ventures, Converge VC, and Firsthand Alliance. Lumber offers a workforce management platform tailored to the construction sector. Source

• UK-based IMMIX has secured $2.7 million in seed funding for its cryptocurrency trading platform. The investment was led by MassMutual Ventures and Ripple Ventures. IMMIX provides a marketplace for trading various crypto assets. Source

• US-based Roam has raised $1.25 million in seed funding from Founders Fund. Roam offers a financial technology platform that enables affordable access to homes with assumable mortgages. Source

• Cybersecurity company Deduce, headquartered in the USA, has successfully raised $9 million in seed funding. The investment round included participation from notable investors such as Freestyle Capital, Foundry, and True Ventures. Deduce specializes in AI-generated identity fraud prevention. Source

• USA-based Vieu, operating in the business intelligence sector, has secured $2 million in seed funding. The specific investors remain undisclosed. Vieu offers a B2B sales platform powered by artificial intelligence. Source

• Singapore-based Range Protocol has successfully closed a seed funding round, raising $3.75 million. The funding was co-led by HashKey Capital and Nomad Capital, with participation from Spark Digital Capital, Mirana Ventures, Symbolic Capital, Asymm Ventures, and Comma3 Ventures. Range Protocol specializes in cryptocurrency asset management, developing an on-chain asset management platform. Source

Series A

• Estonia-based Binalyze, operating in the cybersecurity sector, has raised $19 million in a Series A funding round. The investment was led by Molten Ventures and supported by Earlybird Digital East, OpenOcean, Cisco Investments, Citibank Ventures, and Deutsche Bank Ventures. Binalyze specializes in digital forensics and incident response solutions. Source

• USA-based Optera has raised $12 million in a Series A funding round. The investment round was led by Next Frontier Capital and included participation from Blackhorn Ventures, Mucker Capital, Overture, Engage, Massive, SaaS Ventures, Valo Ventures, AngelList, and Stout Street Capital. Optera specializes in climate technology, providing ESG and carbon management software. Source

• USA-based Spiritus has raised $11 million in funding for its carbon capture technology. The investment was led by Khosla Ventures and Page One Ventures. Spiritus focuses on climate technology, developing technology for direct air carbon capture. Source

• USA-based Site Technologies has secured $10 million in a Series A funding round. The investment was led by Prologis Ventures and included participation from DivcoWest Ventures and Protagonist. Site Technologies specializes in construction technology, providing property analytics and asset intelligence solutions. Source

• Spanish company IOMED has raised €10.7 million in a Series A funding round. The investment was led by Philips Ventures and XTX Ventures, with participation from Fondo Bolsa Social and Redseed. IOMED specializes in healthcare technology, focusing on AI-based medical records analysis. Source

• USA-based Goodles has raised $13 million in a Series A funding round led by L Catterton. The company operates in the food technology sector, producing macaroni & cheese and pasta products. Source

• USA-based Exostellar has raised $15 million in a Series A funding round. The investment was led by Celesta Capital and included participation from Cambium Capital and Candou Ventures, as well as AI Capital Partners. Exostellar specializes in business intelligence, offering cloud cost optimization solutions. Source

• USA-based Bold has raised $17 million in a Series A funding round. The investment was led by Rethink Impact and included participation from Samsung Next, a16z, Khosla Ventures, GingerBread Capital, and Primetime Partners. Bold focuses on healthcare technology, providing programs for healthy aging. Source

• USA-based Marqii has secured $4.5 million in a Series A funding round. The investment was led by CEAS Investments. Marqii operates in the business management sector, providing digital operations software for the hospitality industry. Source

• UK-based Mironid has extended its Series A funding, bringing the total raised to an undisclosed amount. The extension was supported by Roche Venture Fund and Epidarex Capital. Mironid specializes in biotechnology, developing therapeutics for kidney diseases. Source

Series B, C, D and G

USA-based Denodo has raised $336 million in a Series B funding round led by TPG Growth. Denodo specializes in data management, providing data virtualization software. Source

USA-based Mighty Buildings has raised $300-350 million in a Series C funding round led by Waed Ventures. The round also included participation from Bold Capital and Khosla Ventures. Mighty Buildings focuses on real estate technology, producing 3D-printed prefabricated homes. Source

USA-based Kin, a direct-to-consumer home insurance company, has raised $33 million in a Series D funding round. The investment was led by QED Investors. Additional participation came from SkyKnight Capital, Allegis Capital, Hudson Structured Capital Management, and Alpha Edison. Source

Israel-based UBQ Materials has raised $70 million in a Series D funding round, led by Eden Global Partners. The round also included participation from TPG Rise Climate, Battery Ventures, M&G Catalyst, and others. UBQ Materials specializes in sustainability, developing materials made from waste. Source

USA-based VideoAmp has announced a Series G investment round totaling $150 million. The round was led by Vista Credit Partners. VideoAmp operates in the advertising technology sector, providing measurement, data, and software solutions for advertising. Source

Venture

India-based Kale Logistics Solutions has raised $30 million in venture funding. The specific investors and further details remain undisclosed. Kale Logistics Solutions specializes in supply chain technology, offering cloud-based cargo management software. Source

Italy-based Cleafy has secured €10.7 million in venture funding led by United Ventures. Cleafy operates in the fintech sector, providing fraud prevention solutions for digital banking. Source

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