Tech funding daily

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

TF Analytix team.

Growth

• Withmal, a Japanese veterinary services group, has received a strategic investment from global private equity firm L Catterton. The exact funding amount remains undisclosed. Withmal specializes in healthcare technology. Read more

• Beam Benefits, an employee benefits provider in the USA, closed a growth funding round, raising $40 million. The round was led by Georgian. Beam Benefits specializes in insurance technology, specifically employee benefits. Read more

• UPMEM, a French semiconductors company, secured growth funding with the European Innovation Council as a key investor, alongside Partech, Western Digital Capital, and C4 Ventures. The funding round amounted to $7.5 million. UPMEM specializes in processing in memory solutions. Read more

Pre-Seed

• Ascento, a Swiss robotics startup, raised $4.3 million in pre-seed funding from Wingman Venture and Playfair, with participation from Tim Kentley-Klay, Ryan Gariepy, Daniel Kottlarz, and Tobias Redlin. Ascento focuses on security robots. Read more

Seed

• Goldilock, a UK-based cybersecurity company, completed a seed funding round with New York Angels and Harvard Business School Alumni Angels of Greater New York as the lead investors. The company raised $1.7 million and specializes in hardware security, offering hardware cybersecurity solutions. Read more

• AuthMind, a USA-based cybersecurity company, secured $8.5 million in seed funding led by Ballistic Ventures, with IBM Ventures as a notable participant. AuthMind specializes in identity security, providing identity security posture management and threat detection services to protect against cyberattacks. Read more

• Tamnoon, operating in the USA, raised $5.1 million in seed funding from Merlin Ventures, Secret Chord Ventures, Elron Ventures, Inner Loop Capital, and toDay Ventures. Tamnoon specializes in cloud security, offering assisted cloud remediation services. Read more

• Science On Call, based in the USA, secured $2.6 million in seed funding with York IE as the lead investor. Other participants include Bread & Butter Ventures, Relish Works Capital Investments, Groove Capital, Connetic Ventures, Redstick VC, and Phoenix Club. Science On Call specializes in ERP, providing tech support services for restaurants. Read more

Series A

• Pulsora, an enterprise software company in the USA, raised $20 million in a Series A funding round led by Galvanize Climate Solutions. Carica Sustainable Investments, Sabancı Climate Ventures, Aramco Ventures, and JetBlue Ventures also participated. Pulsora specializes in sustainability, offering a sustainability management platform. Read more

• Treasury4, an enterprise treasury management software company in the USA, closed a $20 million Series A funding round led by WestCap. Other participants include Cowles Company, Fortson VC, Voyager Capital, Kick-Start Seed Fund, and W.T.B. Financial Corporation. Treasury4 specializes in financial technology. Read more

• Pahdo Labs, an entertainment company in the USA, secured $15 million in a Series A funding round led by Andreessen Horowitz. The round included participation from Pear VC, BoxGroup, Long Journey Ventures, Neo, and Global Founders Capital. Pahdo Labs specializes in video games, particularly multiplayer online video games. Read more

• AMP, an e-commerce platform in Australia, raised $18.5 million in a Series A funding round led by Jungle Ventures, with Openspace Ventures as a notable participant. AMP provides an e-commerce platform for online merchants. Read more

• Zenity, a cybersecurity company in Israel, secured $16.5 million in a Series A funding round with Intel Capital and Vertex Ventures as lead investors. UpWest, Gefen Capital, and B5 also participated. Zenity specializes in low-code security, providing security solutions for low-code development platforms. Read more

Series B

• Enfabrica, a semiconductor company in the USA, raised $125 million in a Series B funding round led by Atreides Management and Sutter Hill Ventures. The round also saw participation from NVIDIA, IAG Capital Partners, Liberty Global Ventures, Valor Equity Partners, Infinitum Partners, and Alumni Ventures. Enfabrica specializes in AI networking infrastructure, specifically AI infrastructure networking chips. Read more

• CertifID, a USA-based financial technology company, secured $20 million in a Series B funding round led by Arthur Ventures. CertifID specializes in fraud prevention, offering wire fraud protection for the real estate industry. Read more

• Lyten, an energy technology company in the USA, closed a Series B funding round, raising $200 million. Prime Movers Lab led the round, with participation from Stellantis, FedEx, Honeywell, and Walbridge Aldinger Company. Lyten specializes in graphene, specifically 3D graphene for energy storage and composites. Read more

• Buyandship, an e-commerce company based in Hong Kong, secured a Series B funding round with Cool Japan Fund as the lead investor. The company raised $10 million and specializes in cross-border e-commerce services. Read more

• Swan, a financial technology company in France, raised $39.7 million in a Series B funding round led by Lakestar, with participation from Accel, Creandum, and Bpifrance. Swan specializes in embedded finance services. Read more

• Druid, an artificial intelligence company in Romania, secured $30 million in a Series B funding round with TQ Ventures as the lead investor. Smedvig Capital, Endeavor, Verve Ventures, GapMinder, Hoxton Ventures, Karma Ventures also participated. Druid focuses on conversational AI technology. Read more

Series C

• ELSA, an education technology company in the USA, closed a Series C funding round, raising $23 million. UOB Venture Management led the round, with support from UniPresident and Asia Growth Investment Fund. ELSA specializes in language learning, offering an AI-powered English learning app. Read more

• floLIVE, a network technology company in the UK, secured $47 million in a Series C funding round with Greenfield Partners and 83North as the lead investors. Qualcomm Ventures, Dell Technologies Capital, Saban Ventures, and Hazelnut Partners also participated. floLIVE provides global connectivity and network platforms for IoT. Read more

• SQream, a data management company in Israel, raised $45 million in a Series C funding round led by World Trade Ventures. The round also saw participation from Schusterman Investments, George Kaiser Foundation, Icon Continuity Fund, Blumberg Capital, and Freddy & Helen Holdings. SQream specializes in GPU databases, developing GPU database analytics solutions. Read more

• Prisma Photonics, an energy technology company in Israel, secured $20 million in a Series C funding round with Insight Partners as the lead investor. Elements, SE Ventures, Future Energy Ventures, Chione Switzerland, and INcapital also participated. Prisma Photonics specializes in grid monitoring, developing monitoring systems for power grids using optical fibers. Read more

Strategic

CarbonCapture Inc., a climate technology company in the USA, received a strategic investment from Amazon's Climate Pledge Fund. CarbonCapture Inc. specializes in carbon removal and direct air capture. Read more

Bradford Airport Logistics, a supply chain technology company in the USA, announced a significant strategic equity investment from Bregal Sagemount. The company specializes in airport logistics services. Read more

Venture

The Bettering Company, a healthcare technology company in the USA, raised $6.7 million in total funding, with Peter Rahal as a notable investor. The Bettering Company specializes in luxury cannabis edibles. Read more

Evolectric, an automotive technology company in the USA, received a $15 million venture investment from Seismic Capital Company. Evolectric focuses on electric vehicles. Read more

Heliene, an energy technology company in the USA, secured a $20 million venture investment from Orion Infrastructure Capital, with 2Shores Capital, Valta Energy, and Bullrock Renewables participating. Heliene specializes in solar technology, producing solar PV modules. Read more

Haiku, a cybersecurity training company in the USA, received venture capital funding, with Kelly Ventures I LP as the investor. The Veteran Fund and Andy Serwin also participated. Haiku offers immersive cybersecurity training. Read more

Mjuk, an e-commerce company based in Finland, raised $2.7 million in venture funding from Trind VC and Alliance VC, with Superhero Capital, Lifeline Ventures, and angels contributing. Mjuk operates an online furniture resale marketplace. Read more

Interesting reads: