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Welcome to our daily newsletter on tech funding. Here are the top recent deals.
TF Analytix team.
BridgeViteSicure, an Italy-based insurance technology company specializing in life and protection insurance, secured €2 million in bridge financing. The funding round was led by Fondo Rilancio Startup and Apside, with participation from Reale Mutua Assicurazioni and Digital Magics. Read more
Pre-seedEscalate, based in the USA, raised $1.26 million in a pre-seed funding round. The investment was led by RockCreek and Potencia Ventures, with participation from TEDCO, Techstars, ECMC Foundation, Gurtin Ventures, Blue Zone Partners, Future State, and Brad Collins. Escalate offers an enterprise technology platform that reduces frontline employee turnover through targeted upskilling and support systems. Read more
Fifth Dimension AI, a UK-based company, secured £2.3 million in a pre-seed funding round. The funding was led by Anthemis Female Innovators Lab Fund and Seedcamp, with the participation of Ascension Ventures, Concrete VC, Love Ventures, Sie Ventures, and Twin Path Ventures. Fifth Dimension AI is focused on workflow automation and develops an AI assistant to support document-heavy industries. Read more
Ingosa, located in Turkey, raised $1.5 million in a pre-seed funding round. The funding came from Arya GSYF, Dogus New Ventures, Aegean Ventures, and Arya Angels. Ingosa specializes in advertising technology and develops AI-powered conversational ads. Read more
Dyno, a Germany-based company, secured €1.5 million in pre-seed financing. The investors, led by 468 Capital, also included LEA Partners, Mätch VC, and individual investors. Dyno focuses on retirement planning and digitizes company pension plans. Read more
SeedElyos Energy, located in the UK, secured £2.5 million in seed funding. Rebel Fund and Zeno Partners led the round, with participation from Endgame Capital and Y Combinator. Elyos Energy focuses on demand response, launching flexibility and demand response solutions for energy grids. Read more
Paul-Tech, based in Estonia, raised €1.4 million in a seed funding round. Superangel and SmartCap led the investment, along with Honey Badger Capital, EstBAN, Tatoli AS, Overkill VC, and Swedish angel investors. Paul-Tech specializes in agricultural technology and provides real-time insights to improve soil management. Read more
Workfully, located in Spain, secured €1.2 million in a seed funding round. The funding was led by Indico, with participation from Pitchdrive and Secways. Workfully offers a recruitment platform to grow and monetize talent pools. Read more
Series A, B and ESnappy, based in Canada, closed a Series A financing round. Golden Section Ventures led the investment. Snappy specializes in ERP and offers restaurant management software. Read more
MyDello, an Estonia-based supply chain technology company, raised $1.25 million in a Series A funding round. Superhero Capital led the investment, with the participation of Yevgeny Kabanov and previous investors. MyDello provides a logistics platform for managing international shipments. Read more
Convious, headquartered in the Netherlands, secured €8.5 million in a Series A extension. The funding was provided by Wille Finance, Orbit Capital, and Begin Capital. Convious specializes in ecommerce and offers an e-commerce platform for the leisure industry. Read more
ScyllaDB, based in the US, raised $43 million in a Series B funding round. Eight Roads Ventures led the round, with the participation of AB Private Credit Investors, AllianceBernstein, TLV partners, Magma Ventures, and Qualcomm Ventures. ScyllaDB specializes in data management and offers a NoSQL database platform. Read more
Vendasta, located in Canada, closed a Series E financing round, raising $20 million. The investment was led by Foundry Group. Vendasta focuses on marketing technology and sells digital tools to companies that cater to SMBs. Read more
Kinective, based in Phoenix, USA, received a growth investment from TA Associates and OceanSound Partners. Kinective specializes in financial technology and offers connectivity, workflow, and analytics software for banking. Read more
VentureHeliup, located in France, raised €10 million in a venture financing round. The investment was led by Starquest Capital, with participation from EIT InnoEnergy, BNP Paribas Développement, and IDEC Group. Heliup develops lightweight solar panels for solar energy solutions. Read more
Cino, based in Estonia, secured €1.4 million in a venture financing round. The funding was provided by Tera Ventures, APX, and Atomico Syndicate. Cino specializes in financial technology and develops a virtual card for group payments Read more
Alpaca, located in San Mateo, USA, received a venture investment of $15 million from SBI Group. Alpaca specializes in financial technology and provides a brokerage platform for stock and crypto trading. Read more
DiDi Autonomous Driving, based in China, secured a venture investment of $149 million. The funding came from GAC Group and Guangzhou Development District Investment Group. DiDi Autonomous Driving offers robotaxi services in Guangzhou and Shanghai. Read more
Beldex, headquartered in Seychelles, raised $3 million in a venture financing round. The investment came from Block Alpha. Beldex focuses on blockchain and is developing a private Web3 environment.
Interesting reads:
