Tech funding daily

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

TF Analytix team.

Growth

German insurance technology company Wefox has raised $55 million in funding at a $4.5 billion in debt financing, with Deutsche Bank and UniCredit as key investors. Wefox operates an online insurance marketplace, offering a platform where insurance plans can be bought and sold. The new funding will support Wefox's expansion efforts in the insurance technology sector. Read More

VSORA, a French company specializing in hardware accelerators for artificial intelligence, has secured €13.18 million in funding from the European Innovation Council Accelerator Program. VSORA is dedicated to the development of hardware accelerators to enhance AI applications across various industries. Read More

KatRisk, a USA-based climate technology company specializing in catastrophe modeling software, has secured an investment to accelerate its innovation and growth. While the exact investment amount is undisclosed, KatRisk is renowned for its simulation software that quantifies risk associated with global weather extremes. Read More

Huel, a UK-based food technology company known for its plant-based nutrition solutions, has been revealed as the latest addition to Morgan Stanley Investment Management's 1GT Climate Private Equity Strategy. The specific investment amount is undisclosed, but Huel focuses on providing sustainable nutrition options. Read More

Real Estate Business Analytics, a USA-based proptech company that specializes in real estate data analytics, has secured a multi-million dollar growth investment from Decathlon Capital Partners. The company focuses on providing comprehensive real estate data analytics solutions. Read More

TRAFiX, a USA-based financial technology company known for its trading technology and capital markets software, has secured a strategic growth investment from Marlin Equity Partners. The specific investment amount remains undisclosed, but TRAFiX specializes in providing innovative trading technology solutions. Read More

Seed and pre-seed

Smalt, a Berlin-based HR technology company, has successfully raised €4.4 million in pre-seed funding. This investment round was led by La Famiglia and saw participation from Owl Ventures, Axel Springer, Porsche Ventures, and various angel investors. Smalt focuses on talent development and services, particularly upskilling talent for clean energy jobs. Read More

GlassFlow, a Germany-based data management company, has secured €1.1 million in pre-seed funding. The investment was led by High-Tech Gründerfonds and saw participation from Robin Capital, TinyVC, Roosh Ventures, and angel investors. GlassFlow specializes in simplifying event-driven data pipeline development. Read More

Kana Labs, a UK-based company specializing in blockchain infrastructure and tooling, has raised $2 million in seed funding. The investment was led by MarbleX and Nexus One, with participation from Klaytn, Gate.io, Aptos, and other investors. Kana Labs focuses on providing blockchain infrastructure and tooling solutions. Read More

Wraithwatch, a USA-based cybersecurity company focusing on defense technology, has secured $8 million in seed funding. The investment was led by Founders Fund and included participation from XYZ Capital, Human Capital, and other investors. Wraithwatch specializes in developing cyber defense technology. Read More

Charm, a startup specializing in developer tools, has secured $6 million in seed funding with the backing of Gradient Ventures. The company is focused on providing CLI enhancement tools for developers to improve their workflow. Read More

Factory, a USA-based company, has secured $5 million in seed funding from investors including Sequoia and Lux. Factory's mission is to use AI to automate the software development lifecycle, making development processes more efficient. Read More

Responsiv, a USA-based company specializing in research automation for legal teams, has raised $3 million in seed funding. The investment was led by Greylock and included Permanent Capital Ventures and other investors. Responsiv provides an AI assistant for legal teams. Read More

Sweep, a USA-based startup, has secured $25 million in seed funding from Goat Capital. The company aims to automate basic development tasks using large language models, streamlining the development process. Read More

Series A, C and venture

ProJenX, a USA-based biotechnology company focused on neurology, has announced the initial closing of a $15 million Series A financing round. The company is dedicated to developing treatments for neurodegenerative diseases. Read More

Nowsta, a USA-based HR technology company specializing in workforce management, has raised $35 million in a Series C funding round led by VMG Partners and Builders VC. The round also saw participation from existing Series B investors. Nowsta is focused on building operating systems for gig workforces. Read More

Koyeb, a French startup, has secured $7 million in venture funding from Serena Capital and multiple investors. The company provides a serverless platform for deploying applications globally without the need for infrastructure management. Read More

Kalma, a Spain-based financial technology company, has raised €1.1 million in venture funding led by Marc Antoni Maciá. The company focuses on facilitating home equity conversion into post-retirement liquidity for seniors. Read More

Gother, an online travel agency based in Thailand, has raised $25 million in a venture funding round led by Kasikorn Bank Group. The company is mentioned in the text as an Asian online travel agency startup. Read More

Ambercycle, a USA-based company specializing in textile recycling, has raised $5 million in venture funding from Drive Catalyst. The company provides textile recycling technology. Read More

Interesting reads: