Tech funding daily

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

TF Analytix team.

Venture and strategic

Chemonics International has invested $5 million in Talino Venture Studios, a global venture builder focusing on inclusive fintech startups. This venture will support the development and growth of fintech companies worldwide. Read More

Red Iron Group made a strategic investment in hiline Services, a US-based company in the financial technology sector. hiline Services specializes in providing outsourced financial operations. Read More

Seahawk Media, operating in the USA, received a strategic investment from WPBeginner Growth Fund. The company offers WordPress development services and will use this investment to enhance its offerings for small business owners. Read More

Mainstream Fiber Networks in the USA has secured a strategic investment from Searchlight Capital Partners. The company focuses on rapidly expanding high-speed broadband access to rural communities. Read More

Series F, C and B

Shield AI, a US-based aerospace technology company, has raised an impressive $200 million in a Series F round led by USIT, Riot Ventures, ARK Invest, Disruptive, and Snowpoint. Shield AI specializes in developing autonomous aircraft technology. Read More

Kasa Living, a US real estate technology company, has closed a $70 million Series C funding round led by Citi Ventures and FirstMark Capital. The company operates tech-enabled flexible accommodations. Read More

Seurat Technologies, operating in the USA, raised $99 million in a Series C funding round. Investors included NVIDIA (NVentures), Capricorn, Honda Motor, Cubit Capital, True Ventures, Porsche, Denso, GM Ventures, Maniv Mobility, and Xerox Ventures. The company focuses on metal 3D printing technology. Read More

Neteera, based in Israel, has secured an additional $6.7 million in a Series B extension from Aescuvest and Foxconn Technology. Neteera specializes in developing contactless patient monitoring technology. Read More

QI Tech has raised $200 million in a Series B funding round led by General Atlantic. QI Tech is a financial services provider for businesses. Read More

CS Smart, based in China, has secured $140 million in a Series B round led by Hidden Hill Capital. Other investors include Yuanzhi Investment, Ganfeng Lithium, and Zhongxiang Jusheng. The company is a manufacturer of electric logistics vehicles. Read More

Series A

Connectly, a US-based company, has raised $7.85 million in a Series A investment round led by Volpe Capital. Other participants include RX Ventures and Saurabh Gupta. Connectly provides an AI-powered conversational commerce platform. Read More

Charlie, operating in the USA, has raised $23 million in a Series A round led by TTV Capital. FPV and Better Tomorrow Ventures also participated. Charlie offers digital banking services for retirees. Read More

Espresa, a US-based HR technology company, has raised $23 million in a Series A funding round with Clear Ventures, Crosslink Capital, and New Era Capital Partners as investors. Espresa provides a personal benefits management platform. Read More

Promise Robotics, based in Canada, has secured $15 million in a Series A round led by Horizons Ventures. Other investors include Radical Ventures, PSP Investments, and Relay Ventures. The company is developing robotic construction and assembly systems. Read More

Spotted Zebra, a UK-based company, has raised $9.3 million in a Series A funding round with Nauta Capital, Playfair Capital, and Entrepreneur First as investors. Spotted Zebra offers a skills-based workforce management platform. Read More

REDEX Group, located in Singapore, has raised $10 million in a Series A funding round led by Aramco Ventures. The company focuses on renewable energy certificates platforms. Read More

Sugar.fit, an Indian healthcare technology company, has raised $11 million in a Series A investment round led by MassMutual Ventures. Other participants include Cure.fit, Tanglin Venture Partners, and Endiya Partners. Sugar.fit provides a program to manage and reverse diabetes and prediabetes through devices, specialist access, and coaching. Read More

TVARIT has secured €6.5 million for its AI-driven sustainable metal manufacturing solutions. The funding round was led by Momenta, 4impact Capital, and Matterwave Ventures. Read More

French soccer players have backed African mobile video network StarNews Mobile in a $3 million pre-Series A funding round. StarNews Mobile focuses on creating a mobile video network for African content creators. Read More

Seed and Pre-seed

Cedar, a US-based real estate technology company, has raised $3 million in seed funding from Caffeinated Capital, Tishman Speyer Ventures, and Shorewind Capital. Cedar provides a generative building design platform. Read More

Almouneer, an Egyptian healthtech startup, has raised $3.6 million in seed funding from Global Ventures, Proparco, Digital Africa, and Wrightwood Investments. Almouneer offers a digital platform for patients with chronic diseases like diabetes. Read More

Kausal has raised €800,000 in seed funding from Innovestor and Zubi Capital. Kausal specializes in providing a SaaS platform for cities to plan, monitor, and coordinate sustainability initiatives. Read More

OTA Sync, located in Estonia, has secured €1.3 million in extended seed funding from Presto Ventures, Katapult Akcelerator, TS Ventures Fund, DSI Group of Business Angels, Startup Wise Guys, and California Expert Fund DOJO. OTA Sync offers a cloud-based hotel and property management solution. Read More

Tupu, based in Germany, has raised €3.2 million to revolutionize mushroom farming with technology. FoodLabs, Zubi Capital, Clear Current Capital, FoodHack, IT-Farm, and Coast Cap are among the investors supporting the development of decentralized urban mushroom farming systems. Read More

UK insurtech startup Eleos has secured £750,000 in pre-seed funding from Indico Capital Partners, APX, Fuel Ventures, and Magic Fund. Eleos offers income protection insurance and life cover embedded into online journeys. Read More

Growth

Graylog, a USA-based cybersecurity company, secured a significant $39 million investment to accelerate its growth and expand its security product line. The investment came from Silver Lake Waterman, Piper Sandler Merchant Banking, and Harbert Growth Partners. Graylog specializes in providing Security Information and Event Management (SIEM) and log management solutions. Read More

Alianza, a USA-based network technology company, raised $61 million in a growth investment round from undisclosed investors. Alianza is focused on providing a cloud communications platform, heralding a new era of cloud communications for service providers. Read More

Brickeye, a Canadian construction technology innovator, successfully completed a significant investment round totaling $10 million. The funding was provided by BDC Capital, Graphite Ventures, and GreenSky Ventures. Brickeye specializes in providing construction risk management solutions. Read More

Sprout.ai, a UK-based insurtech company, raised $6.5 million in a growth investment round led by Amadeus Capital Partners and Praetura Ventures. The funding round also included participation from Octopus Ventures, Playfair, Techstars, and Forefront Venture Partners. Sprout.ai specializes in AI for insurance claims processing. Read More

Wirepas, a Finnish company specializing in low-energy IoT connectivity solutions, secured $22 million in a growth investment round. The investment was led by Highland Europe and included Amalfi, IQT, ETF Partners, KPN Ventures, Vito Ventures, and Vesa Laisi. Read More

SkyCell, a Swiss company focused on temperature-controlled shipping containers for the pharmaceutical supply chain, raised $57 million in a growth investment round led by M&G's Catalyst Fund. Read More

Mamaearth, an India-based company specializing in organic personal care products, secured $92 million in a growth investment round. The funding was backed by a group of anchor investors including Abu Dhabi Investment Authority, Norges Bank, Fidelity, Invesco, Goldman Sachs, and others. Read More

Debt and crowdfunding

Accelerated Brands, a USA-based company operating in automotive services such as oil change and car wash locations, successfully closed on a $200 million secured financing deal with Monarch Alternative Capital. Read More

Payapps, an Australian company specializing in cloud-based construction collaboration platforms for payment applications, received $10.5 million in debt financing from CIBC Innovation Banking. The funds will be used to support the company's expansion into the UK market. Read More

LiquidPiston, a USA-based company that develops efficient engine technology, successfully raised $30 million through a Regulation A (Reg-A) crowdfunding round. Read More

Interesting read: