Tech funding weekly

Welcome to our #7 weekly newsletter on funding in the technology sector.

This newsletter is designed for the busy investors in the tech startup scene, including venture capitalists, private equity professionals, and hedge funds, as well as investment bankers and startup founders. Plus, everyone else that wants to keep abreast of what is happening in the buoyant tech funding scene.

Our aim is not only to provide a newsletter on tech funding, but also granular data that our subscribers can use in their line of work. This includes a comprehensive list with company names, investors, type of fundings, sectors, and business descriptions, among others. For more information, please contact us at [email protected].

TF AnalytiX team.

We counted 104 funding rounds in the past week for a total amount raised of a little over $7 billion. Three companies raised over half that amount. H2 Green Steel, manufacturing tech startup that aims to clean up the manufacturing of steel, raised $1.6 billion from a cohort of investors led by private equity company Altor, Singapore’s sovereign wealth fund GIC, clean investment companies Hy24 and Just Climate. Wayflyer, a company providing growth financing to ecommerce firms, raised $1 billion in debt from institutional investor Neuberger Berman. Zenobe, a battery storage technology company, raised $1 billion from private equity firms KKR and Infracapital, among others.

Figure 1. Top funded sectors between September 4 and September 10.

Source: TF Analytix.

Pre-seed

Seed

Series A

Series B

Series C

Series D, strategic and venture capital

Growth

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