Tech funding daily

Quantum computing, fintech and health tech


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

TF Analytix team.

Generated with AI ∙ November 9, 2023

Grant and growth

Acorai, a Swedish medical technology company, has secured a €2.5 million grant from the European Commission. Acorai specializes in heart monitoring technology, particularly for heart failure. Their innovative device aims to enhance heart monitoring processes. Read More

Black Ore, a US-based financial technology startup, has emerged from stealth mode with a significant $60 million in funding. The investment was led by a16z and Oak HC/FT, with participation from General Catalyst, Founders Fund, Khosla Ventures, and others. Black Ore focuses on AI platforms for financial services. Read More

Pre-seed

Orbit Technologies, a pre-seed startup, has received $0.5 million in funding from Dune Ventures. The company specializes in virtual reality technology and is working on neurotechnology for virtual reality applications. Read More

Swarm, a Philippines-based startup, has raised $1.1 million in pre-seed funding from investors including Hustle Fund and Plug and Play. Swarm provides a freelancer network tailored for startups, offering HR technology solutions. Read More

Seed

GreyScout, an Irish cybersecurity startup, has secured $3.7 million in seed funding led by Act VC. The company offers an online brand protection platform that focuses on brand protection in the digital space. Read More

AstroBeam, a US-based AR/VR startup, has launched with $3 million in seed funding. The Venture Reality Fund led the round, with participation from Anorak Ventures, Boost VC, TIRTA Ventures, and Nate Mitchell. AstroBeam specializes in social VR gaming. Read More

Protecto, a US-based artificial intelligence startup, has raised $4 million in seed funding from the Together Fund. The company focuses on data privacy for AI, providing trusted AI solutions for enterprises. Read More

Myrror Security, an Israeli cybersecurity startup, has emerged from stealth mode with $6 million in seed funding from investors including Blumberg Capital and Entrée Capital. The company specializes in supply chain security for software engineering, leveraging AI-backed binary-to-source analysis technology. Read More

Flip AI, a US-based artificial intelligence startup, has launched with $6.5 million in seed funding led by Factory. The company aims to bring observability intelligence to enterprises through its platform. Read More

Influence, a US-based financial technology startup, has secured $20.8 million in seed funding. The investment came from Alpha Praetorian Capital, The London Fund, ACME Innovation, and other investors. The company provides a venture capital platform. Read More

Cult Mia, a UK-based ecommerce startup, has reached a seed funding level of £2.9 million. The funding was led by Fuel Ventures, with participation from David Wertheimer, Morgan Stanley, WomanKind Ventures, and others. Cult Mia specializes in sustainable luxury fashion and operates an online marketplace for sustainable fashion. Read More

Phantm, an Australian startup, has secured $2 million in seed funding from Blacknova VC, Salus Ventures, and CoVentures VC. The company focuses on creating a circular economy platform to reduce plastic waste and help businesses become more sustainable. Read More

Ritual, a US-based startup, has raised $25 million in seed funding from Archetype, Accomplice, Robot Ventures, and others. The company specializes in decentralized AI platforms. Read More

Series A, B and D

SpinDrive, a Finnish industrial technology startup, has raised $4 million in a Series A funding round led by Rhapsody Venture Partners, with participation from Innovestor and Born2Grow. The company is known for its active magnetic bearing systems. Read More

Fillogic, a US-based supply chain technology startup, has closed a $13 million Series A funding round with support from Revelry Venture Partners, XRC Ventures, Closed Loop Partners, and other investors. The company pioneers channel-free logistics, focusing on local market logistics platforms. Read More

Tabnine, an Israeli artificial intelligence startup, has secured $25 million in Series B funding from Telstra Ventures, Atlassian Ventures, Elaia, Headline, and others. Tabnine offers an AI code generation platform. Read More

Eleos Health, an Israeli healthcare technology startup, has raised $40 million in Series B funding from Menlo Ventures, F-Prime Capital, Eight Roads, Arkin Digital Health, and other investors. The company focuses on automated solutions for behavioral health. Read More

L-Nutra, a US-based healthcare technology startup, has closed the first stage of its growth investment round with $47 million. The investment came from Stephane Bancel and Brentwood Associates. L-Nutra specializes in longevity science nutrition programs. Read More

Strategic and venture

Synergy ECP, a US-based cybersecurity company, has received a strategic investment from Falfurrias Capital Partners. The company provides engineering services for the US intelligence community. Read More

LiveKid, a Poland-based startup, has secured €3.35 million in venture funding from inovo VC. The company specializes in preschool management and operates a preschool management platform. Read More

Diesta, a UK-based insurtech startup, has raised £1.8 million in venture funding. The funding round included Restive, SixThirty, Antler, and other investors. Diesta focuses on insurance premium payments and operates an insurance premium payments platform. Read More

Photonic, a Canadian quantum computing startup, has raised $100 million in venture funding from British Columbia Investment Management Corporation, Microsoft, UK National Security Strategic Investment Fund, Inovia Capital, and Amadeus Capital Partners. The company is engaged in photonic quantum computing and networking. Read More

Ghost Autonomy, a US-based automotive technology startup, has announced an investment from the OpenAI Startup Fund totaling $5 million. The company is focused on self-driving car software. Read More

Niron Magnetics, a US-based materials startup, has secured $33 million in venture funding from GM Ventures, Stellantis Ventures, Shakopee Mdewakanton Sioux Community, University of Minnesota, and others. The company specializes in rare earth-free permanent magnets. Read More

Ozone, a US-based artificial intelligence startup, has secured $7.1 million in venture funding. Y Combinator led the round, with support from NEA, General Catalyst, LGVP, and other investors. Ozone is known for its AI-powered video editing platform. Read More

Phone Up Studios, a US-based entertainment startup, has received $5 million in venture funding. The company specializes in music recording software development. Read More

Luminous Group, a UK-based education technology startup, has raised £1.23 million in funding. The investment came from North East Venture Fund. Luminous Group provides immersive training programs. Read More

ReturnGO, an Israeli ecommerce startup, has secured $5 million in venture funding from Trestle Partners. The company specializes in returns and exchanges management for ecommerce. Read More

Chintai, a Singapore-based financial technology startup, has raised venture funding from B1. The company focuses on blockchain and operates a blockchain platform for capital markets. Read More

Interesting read: