Tech funding daily

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

TF Analytix team.

Debt and Grant

Insly, a UK-based insurance software platform, has raised £1.8 million in venture debt funding from Hambro Perks. The company provides software solutions for the insurance industry. Read More

Lucent BioSciences has secured over $3.6 million in grant funding from PacifiCan. The funding is intended for the scale-up and commercialization of its microplastic-free seed coating technology. Read More

Growth

Letoon Holding, a UK-based food technology company specializing in waste valorization, has secured £24.5 million in growth funding from Nimbus Capital. The company focuses on recovering ingredients from food waste using technology. Read More

Kythera Labs, a US-based healthcare data analytics platform, has announced a $20 million funding round led by BIP Ventures. The company specializes in healthcare data analytics. Read More

Volante Technologies, a US-based cloud payments platform, has raised $66 million in a growth funding round led by Sixth Street Growth, Wavecrest Growth Partners, and Wells Fargo Strategic Capital. The company focuses on cloud-based payments. Read More

Xpressbees has secured an $80 million funding round led by Ontario Teachers'. The company specializes in providing logistics services for e-commerce companies. Read More

Summer, which helps customers buy and rent out vacation homes, has raised $18 million in a growth funding round led by QED and Viola Group. The company focuses on vacation home buying and management. Read More

Seed and pre-seed

1337, an AI startup focused on generative AI for social media, has raised $4 million in a pre-seed funding round led by Credo Ventures, GFR Fund, Treble Capital, and Roosh Ventures. The company aims to build an ecosystem of AI-driven micro-influencers. Read More

Lounge has secured $3.7 million in seed funding, with participation from Square Peg and Carthona Capital. The company focuses on social media for events and communities. Read More

Vaaree, specializing in online home furnishings and decor, has secured $4 million in seed funding with participation from Surge, Peak XV, PeerCapital, All In Capital, and Better Capital. Read More

Sock, a self-custodial crypto investment app, has raised $2.8 million in seed funding with participation from Haven Ventures, Designer Fund, Expansion, Spacecadet Ventures, and others. Read More

Polimorphic, a company focusing on CRM and AI platforms for local governments, has secured $5.6 million in seed funding with participation from M13, Shine Capital, and Pear VC. Read More

Spill, a social media app for the African American community, has announced a $2.7 million seed extension round, with support from Collide Capital. Read More

Series A

ELEMENT EIGHT, a premium skincare brand using proprietary OATHTM oxygen therapy technology, has closed $6 million in a safe funding round and launched a $6.25 million Series A round. The funding round included various investors. Read More

Risk Ledger, a cyber risk management platform, has unveiled a £7.6 million Series A funding round led by Mercia Ventures. The company specializes in supply chain risk management. Read More

Frenetic, which offers an AI platform for magnetics design, has raised €12 million in a Series A funding round led by Kibo Ventures, with participation from 42Cap, Join Capital, Bankinter, and others. Read More

Series B

Needed, a provider of science-backed prenatal nutrition supplements, has raised $14 million in a Series B funding round led by The Craftory, with participation from Seae Ventures and Crescent Ridge VC. Read More

ShippyPro, a shipping software platform, has raised $15 million in a Series B funding round led by Five Elms Capital. The company aims to revolutionize shipping for global brands. Read More

Quandela, a manufacturer of photonic quantum computers, has secured €53 million in a Series B funding round led by Serena, with participation from various investors including Crédit Mutuel Innovation and Bpifrance. Read More

CAST AI, a company specializing in Kubernetes cost optimization, has raised $35 million in a Series B funding round to further develop its Kubernetes cost optimization platform. Read More

Series C and D

Refurbed, a marketplace for refurbished electronics, has raised €57 million in a Series C funding round with support from Evli Growth Partners, C4 Group, All Iron Venture, and Speedinvest. Read More

Enable, a rebate management platform, has secured $112 million in a Series D funding round. The round was led by Lightspeed Venture Partners and involved various investors. Read More

May Mobility, which develops and deploys autonomous vehicle technology and services, has announced a $105 million Series D investment round led by NTT Group. Read More

Strategic and venture

Billbee, a Germany-based cloud-based e-commerce software provider, has received a strategic investment from Bregal Unternehmerkapital. The company specializes in e-commerce software. Read More

High Output, a company providing audio, visual, and lighting production services, has received a strategic investment from Willistown Capital. Read More

Due, a UK-based blockchain payments startup, has secured £3.3 million in venture funding from Semantic Ventures and Fabric Ventures. Read More

21bitcoin, a German financial platform focusing on Bitcoin, has closed a €2.2 million funding round with support from Volksbank Raiffeisenbank Bayern Mitte. Read More

Hello Watt, a French startup offering an energy efficiency platform, has raised €13 million in venture funding from BNP Paribas Solar Impulse Venture Fund and Starquest Capital. Read More

Goodvest, a French startup focusing on sustainable insurance products, has raised €10.5 million in a venture funding round led by Ring Capital and involving Polytechnique and ALM Innovation. Read More

Adaion, a Spanish startup specializing in AI for electrical grid management, has secured €2.8 million in venture funding. Read More

Resoniks, an acoustic quality control platform for manufacturers, has received €1.6 million in venture funding from Kvanted Ventures. Read More

Nester, a real estate technology company, has secured €1.3 million in a funding round led by Successful Ventures and Zone2Boost. Nester offers a property management platform that aims to streamline property management processes. Read More

Integration.app, an application development company, has emerged from stealth mode with $3.5 million in funding. Crew Capital led the investment, with participation from Seedcamp and Cortical Ventures. Integration.app provides an app integration platform that connects various applications and services. Read More

Rainbow Weather, a climate technology startup based in Poland, has raised nearly $2 million in funding. The investment was led by Kolos Ventures and Verras Capital. Rainbow Weather focuses on AI-powered weather forecasting and aims to provide accurate and instant weather forecasts. Read More

Sift, a data management company, has secured $7.5 million in funding. The round was led by Riot Ventures and saw participation from Fika Ventures, First Resonance, Datum, and Duro. Sift focuses on providing a telemetry platform for hardware products, helping gather critical data on machine performance. Read More

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