Tech funding daily

HR tech, energy tech and cybersecurity


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

TF Analytix team.

Generated with AI ∙ November 3, 2023

Debt and pre-seed

Sorting Robotics, a US-based robotics company specializing in custom robots for the cannabis industry, has secured $2 million in debt financing from Kiso Capital and Prospeq. Sorting Robotics provides automation solutions tailored for the cannabis industry. Read More

UNIO, a Germany-based aerospace technology company focusing on satellite technology and connected vehicle connectivity, has secured pre-seed funding. The funding comes from strategic investors OHB SE, IABG, SES, Reflex Aerospace, Mynaric, and Isar Aerospace. Read More

Trips, a US-based blockchain company, has raised $2.5 million in pre-seed funding. The round was led by Shima Capital and included investors such as Animal Capital, Blackwood Ventures, Serafund, Calligraphy Digital, Blizzard, and Avalanche Ecosystem Fund. Trips focuses on creating an NFT platform for content creators. Read More

Seed

Responsiv, a US-based legal technology company, has raised $3 million in seed funding. The investment comes from Greylock, OnDean (Andrew Sieja's family office), Permanent Capital Ventures, and Julius Genachowski. Responsiv specializes in developing an AI assistant for in-house legal teams. Read More

Zephr, a US-based company, has raised $3.5 million in seed funding. Space Capital, First Spark Ventures, and SRI Ventures led the round. Zephr focuses on next-gen GPS technology for major industries. Read More

Stockpress, a US-based company providing collaboration software, has secured $1.8 million in seed funding. The round was oversubscribed and led by Argon Ventures. Stockpress aims to change how distributed teams approach file management. Read More

1up, a US-based company, has raised $2.5 million in seed funding from investors, including 8-Bit Capital, RRE Ventures, Alumni Venture Partners, Italmobiliare, and Aviso Ventures. 1up focuses on sales automation and knowledge automation platforms. Read More

Treads, a US-based automotive technology company, has secured $4.6 million in seed funding. The investment comes from Mucker Capital, Kickstart Seed Fund, Peak Ventures, Royal Street Ventures, and Convoi Ventures. Treads offers a car maintenance subscription app. Read More

FERO Payment Science, a UK-based financial technology company, has raised £3 million in seed funding from Coatue, Volta Ventures, and Antler. The company specializes in online payment optimization platforms. Read More

Dashtoon, a US-based entertainment company focusing on digital media, has raised $5 million in seed funding. Matrix Partners India, Stellaris Venture Partners, and prominent angel investors participated in the round. Dashtoon offers an AI-powered storytelling platform. Read More

FroGo, an India-based food technology company specializing in frozen foods distribution, has secured $1.15 million in seed funding led by Inflection Point Ventures. The round also included investments from Ritesh Agarwal of OYO, Ankit Nagori of Curefoods, Desai Ventures, and FAAD network. Read More

Happly, an Australia-based real estate technology company focused on moving and relocation, has raised $1.75 million in seed funding from Hannas Group and Max Cunningham. Happly provides a platform for moving and relocation services. Read More

Pantheon Vision, a US-based medical technology company specializing in ophthalmic medical devices, has secured $2.5 million in seed funding from KeraLink International. The company is engaged in developing bioengineered corneal implants. Read More

Series A and pre-Series A

Nu Quantum, a UK-based quantum technology company, has raised £8.5 million in a pre-Series A funding round. Investors include Amadeus Capital Partners, IQ Capital, Expeditions Fund, Presidio Ventures, National Security Strategic Investment Fund, and Deeptech Labs. Nu Quantum specializes in quantum networking technology. Read More

Nuvalaw, a UK-based legal technology company, has secured £3 million in pre-Series A financing. The investment comes from Semantic Capital. Nuvalaw offers an insurance claims resolution platform. Read More

Payroll Integrations, a US-based HR technology company, has raised $20 million in a Series A funding round led by Arthur Ventures. Payroll Integrations offers a platform for payroll and benefits integration to advance employees' financial wellness. Read More

Govly, a US-based software company in the GovTech sector, has announced $9.5 million in Series A funding from Insight Partners, QED Investors, FundersClub, and NordicEye. Govly specializes in government procurement platforms. Read More

Aclarity, a US-based industrial technology company focused on environmental services, has secured $15.9 million in Series A funding. The round was led by Aqualateral and included investments from HG Ventures, Bidra Innovation Ventures, Nor'easter Ventures, MassVentures, and Burnt Island Ventures. Aclarity specializes in PFAS chemicals destruction technology. Read More

Finkargo, a Mexico-based financial technology company specializing in international trade, has secured $20 million in a Series A funding round. The investment comes from QED Investors. Finkargo offers an international trade platform. Read More

Final Offer, a US-based proptech company, has raised $5 million in a Series A funding round. The company specializes in real estate offer management platforms. Read More

ClinOne, a US-based healthcare technology company focused on digital health and clinical trials, has raised $2 million in additional Series A funding. Boulder Ventures and Highpoint Ventures participated in the round. ClinOne provides clinical trials technology platforms. Read More

Work Shield, a US-based HR technology company, has raised $6 million in Series A funding. The investment was led by Ballast Point Ventures. Work Shield specializes in workplace misconduct reporting platforms. Read More

AdaptX, a US-based healthcare technology company specializing in clinical management software, has secured $10 million in Series A funding. Investors include Cercano Management, Memorial Hermann Health System, Morningside Ventures, Founders' Co-op, Fortson VC, Star Equity, and WRF Capital. Read More

Stellaromics, a US-based healthcare technology company focused on diagnostics and spatial biology, has secured $25 million in Series A funding. Plaisance Capital Management led the investment, with participation from a private family office. Stellaromics specializes in spatial biology technology. Read More

Accelex, a UK-based financial technology company specializing in private markets data and analytics, has announced a Series A funding round, raising £15 million. FactSet led the round, and the firm is set to automate critical private markets workflows for investors. Read More

Kuva Space, a Finnish company specializing in hyperspectral imaging microsatellites, has raised €17.6 million in a Series A funding round. The round was led by Voima Ventures, Nordic Foodtech VC, and included investments from Earth VC, private investors, and Business Finland. Read More

Talus Renewables, a US-based energy technology company, has announced $22 million in Series A financing. The round was led by Material Impact, with contributions from Xora Innovation, Cavallo Ventures, and Rice Investment Group. Talus Renewables focuses on modular green ammonia systems. Read More

Series B

Free Market Health, a US-based healthcare technology company, has closed $20 million in equity financing to accelerate innovation in the specialty drug fulfillment ecosystem. Questa Capital led the Series B investment, with participation from Alta Partners, Highmark Ventures, and 653 Investment Partners. Read More

Xage Security, a USA-based cybersecurity company specializing in industrial IoT security, has raised $20 million in a Series B funding round. The investment was led by Piva Capital and March Capital and included participation from SCF Partners, Overture Climate Fund, Valor Equity Partners, Chevron Technology Ventures, and Science Applications International Corporation. Xage Security is expanding its security platform to enhance the protection of industrial IoT systems. Read More

Noon, a Saudi Arabia-based education technology company, has successfully closed a Series B funding round, raising $41 million. The funding comes from investors including Wa'ed Ventures, Raed Ventures, SVC, STV, Riyadh Valley Company, Endeavor, Sanabil 500, Qyem Development Holding, and Nahlat Alarab Holding. Noon is a leading provider of an EdTech platform that offers social learning solutions. Read More

Strategic and venture

Halfords, a UK-based automotive technology company, has received a strategic investment. Bridgestone has taken a 5% stake in Halfords' Avayler software business, resulting in a total investment of £60.5 million. Halfords is focused on the development of an automotive SaaS platform. Read More

Unilever Ventures, based in the UK, has made a strategic investment in True Beauty Ventures. Unilever Ventures has provided £3 million in funding to support the fragrance brand The 7 Virtues. This marks Unilever Ventures' entry into the fragrance industry. Read More

Slooh, a US-based education technology company specializing in space education, has secured nearly $5 million in venture funding. Connecticut Innovations and Michael Paolucci led the round, with contributions from family offices. Slooh provides an online space education platform, further supporting space exploration in schools. Read More

Antibody Analytics, a UK-based healthcare technology company specializing in medical research, has completed a multi-million GBP investment from NorthEdge. The company operates as an immunology CRO and provides research services in the field of medical research. Read More

That’s it.