Tech funding daily

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

TF Analytix team.

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Funding deals:

Growth

Maison Sport has successfully raised $3.1 million in a recent growth funding round. The investment, sourced from undisclosed backers, is expected to fuel the platform's expansion and further developments in the sportswear sector. Read more

Castore Hits has attained a valuation of nearly $1 billion following a substantial funding round of $150 million. The funding, led by The Raine Group and joined by Hanaco Ventures and Felix Capital, is anticipated to support Castore's brand expansion and innovation in the sportswear industry. Read more

Keyless has secured an additional $6 million in a growth funding round led by Rialto Ventures. The funds are earmarked for further development and deployment of Keyless' innovative authentication solutions. Read more

Wormhole has successfully concluded a funding round at an impressive $2.5 billion valuation, raising $225 million. The substantial investment, featuring contributions from Brevan Howard, Coinbase Ventures, and other major backers, will be instrumental in advancing Wormhole's cross-chain infrastructure in the blockchain sector. Read more

Pre-seed and seed

Conduiit has secured $1 million in pre-seed funding. Backed by investors including Fiat Ventures, Aperture Venture Capital, Collide Capital, and Hiro Mizushima, the funding is poised to revolutionize production accounting in the entertainment industry. Read more

Darkhive has successfully closed a $4 million seed funding round. With contributions from investors like Crosslink Capital, MVP Ventures, Capital Factory, and Stellar Ventures, the funds will be utilized to scale the development of Darkhive's autonomous drone technology. Read more

Letterhead has secured $5.3 million in seed funding. Investors including Las Olas Venture Capital, Reign Ventures, BDMI, Florida Opportunity Fund, and McClatchy have backed Letterhead's mission to automate newsletter content creation and management. Read more

Biofluff has raised $2.5 million in seed funding from Astanor Ventures. The funds will be dedicated to advancing Biofluff's plant-based biomaterial solutions. Read more

Series A

VISIE has secured $8.2 million in a Series A funding round. The company specializes in developing 3D optical scanners tailored for robotic and navigated orthopedic, neuro, and spine surgeries. The funding, which comes from undisclosed investors, is expected to accelerate the development and deployment of VISIE's groundbreaking medical technology. Read more

Bright Uro has secured a $23 million Series A funding round. Led by Laborie Medical Technologies and supported by existing investors, the funds will be used to advance the development and commercialization of Glean, a wireless, catheter-free urodynamics system. The technology aims to revolutionize urodynamic testing in the medical field. Read more

Valid8 Financial has secured $8.5 million in a Series A funding round led by Silverton Partners. The company specializes in providing AI-powered forensic accounting solutions to accounting and law firms. The funding is expected to fuel Valid8 Financial's growth and enhance its capabilities in the financial technology sector. Read more

Kognitos has successfully raised $20 million in a Series A funding round led by Khosla Ventures. The company focuses on providing an automation platform centered on human language to empower business users. The funds will be utilized to further develop Kognitos' generative AI technology. Read more

Location Live Group has raised an initial $2 million in a Series A funding round led by IW Capital. The funds will support the company's global expansion and contribute to the ongoing trajectory of Location Live Group in the event tech industry. Read more

Series B

SparkMeter has closed a $5 million Series B funding round. The round was backed by Honeywell Smart Energy, a new strategic partner. The investment is aimed at advancing SparkMeter's efforts in digitizing grids and supporting the energy transition for utilities globally. Read more

Rich Data has successfully raised $17.5 million in a Series B funding round. The round was led by Westpac, with participation from nCino, BMYG, Octava Fund, and others. The funds will be utilized to further develop Rich Data Co's platform, which focuses on AI-driven credit data and analytics. Read more

Series C and D

Huboo has secured $29 million in a Series C funding round. The investment, supported by Ada Ventures and Maersk, is expected to drive profitability and expansion for Huboo in the competitive supply chain technology sector. Read more

Ursa Major Technologies has raised an impressive $138 million in a Series D funding round. The round was led by Explorer 1 Fund and included participation from Eclipse, RTX Ventures, and funds managed by BlackRock, Exor Ventures, Mack & Co., LLC, and XN. The funds will be instrumental in introducing a solid rocket motor line and scaling rocket propulsion for space and hypersonic applications. Read more

Strategic and venture

Aviz Networks has expanded its funding to $10 million with new investments. Accton, Cisco Investments, and Wistron have joined as investors, contributing to Aviz Networks' mission of providing innovative solutions in network technology. Read more

ServicePoint has invested in INNO4, a technology integrator and solutions provider. The strategic funding move is geared toward enhancing INNO4's capabilities in data infrastructure, audiovisual, IT services, and managed services. Read more

Enfuce has raised $9.2 million in strategic funding led by Vitruvian Partners. The funding round, featuring participation from Maki.vc and Visa, is expected to support Enfuce's expansion and activities in the embedded finance space. Read more

Chai has achieved a valuation of $450 million in its latest funding deal. The venture was backed by CoreWeave, emphasizing the platform's significance in the social AI landscape. Chai plays a pivotal role in empowering the community to create and experience AI. Read more

Brightside AI has secured $1 million in venture funding from Social Links. The funding will be directed towards Brightside AI's mission of developing a SaaS platform to combat social engineering cyberattacks. The platform is designed to enhance cybersecurity measures against social engineering threats. Read more

Interesting read: