M&A Stays Level, VC Deals Pick Up

SOURCING IDEAS

Companies that raised ~1 year ago, may be otherwise raising or recently announced stealth moves.

(Know any interesting companies who may be raising soon? Hit 'reply' to drop us a line.)

Hugo Schumann?recently account a new role as a Founder and CEO at a?stealth company. Hugo has over?three decades of experience, including prior?executive?experience at a?venture-backed company. Hugo holds an?MBA?from?INSEAD?and was a member of the?Stanford Executive Program.

???bitewell,?a Denver, CO-based?provider of corporate food health benefits, raised?$4 million last summer?in a?Seed round?led by?Lake Nona Sports & Health Tech Fund?and?Refinery Ventures. bitewell?may be seeking to raise another?round following a recent announcement of a?partnership with Kroger.

???Girl Geek Academy,?a Melbourne, Australia-based?education and advocacy organization for women in tech is?re-launching with an AI focus?after a four-year hiatus, since 2020. Girl Geek?may be seeking venture-financing?as it looks for?$2 million?to relaunch.

M&A

???Carta, a?San Francisco-based?fund administration platform, has acquired?Tactyc, a forecasting & scenario planning software. The amount was undisclosed.

???Lucanet, a?Berlin-based?global CFO SaaS provider, has acquired?Causal?to expand its financial planning and analysis (FP&A) market reach. This acquisition strengthens Lucanet's portfolio, providing comprehensive SaaS solutions for CFOs worldwide.

???Afinz, a?Brazil-based?financial services provider, has acquired?Tappaggo, a digital payments platform that enables mobile phones to function as POS systems for credit card processing. This acquisition will support Afinz’s expansion of mobile payment solutions across Brazil.

???Elphinstone,?a YC-backed Pakistani fintech?that enables retail investors to trade U.S. stocks and ETFs, acquired local investment platform?Trikl. The amount was undisclosed.

???e&,?an UAE-based?telecommunications and technology conglomerate, closed a?€2.15 billion deal?for the acquisition of?PPF Telecom?to expand its European footprint in digital services and infrastructure.

VC DEALS

???COOX,?an India-based?platform for booking home services, raised?$125,000?in a?Seed?funding round led by?Inflection Point Ventures.

???Tharawat Green Exchange (TGE),?a Saudi Arabia-based?Web3 platform focused on environmental sustainability, raised?$450,000?in investment from?Adaverse, a Saudi Web3 and blockchain fund.

???GIFTD,?a Berlin-based?gifting platform that repurposes unsold brand stock into exclusive marketing giveaways, raised?€535,000 ($580,000)?in angel funding led by?Thies Network, with participation from?quantumReality?and?ULTRA.VC.

???ARKTECH,?a Saudi Arabia-based?proptech startup focused on utility contract trading, closed a?$1 million pre-Seed?round led by?Core Vision Investment.

???Bendi,?a London-based?AI-powered platform for supply chain risk management, raised?€960,000 ($1.04 million)?in a?pre-seed?funding round led by?Midven, with participation from?Heartfelt Capital?and?Chasing Rainbows Ventures, and others.

???BuzzAR, a?Singapore-based AR Startup, specializing in augmented reality solutions for tourism, raised?$1.16 million?in a funding led by the?HSBC New Economy Fund.

???Wobby,?an Antwerp, Belgium-based?AI-driven information platform combating misinformation, raised?€1.1 million ($1.2 million)?in?Seed?funding led by?Shaping Impact Group: SI3 fund, with participation from?V-Ventures?and?imec.istart.

???Foodsi,?a Warsaw, Poland-based?platform combating food waste through surplus food sales from restaurants and stores, raised?€1.2 million ($1.3 million)?in a?seed extension?round from?AIP Seed, with participation from?Satus Starter, and?AC/VC Impact Fund.

???CybaVerse,?a Hampshire, UK-based?cybersecurity management platform for SMEs, raised?€1.3 million ($1.4 million)?in funding led by?FSE Group, with participation from?Haatch,?Founder & Lightning, and angel investors.

???Turnover Labs,?a New York-based?industrial tech startup, raised?$1.4 million?in a?pre-seed?funding round co-led by?Pace Ventures?and?GC Ventures.

???Nabt,?a Saudi Arabia-based?foodtech startup operating a B2B marketplace for direct farmer-to-business connections, raised?$1.5 million?in a?seed?round led by?Merak Capital, with participation from angel investors.

???Levellr, a?London-based?startup offering community management tools for Discord, has raised?$1.75 million?in funding led by?Mitch Lasky, with participation from?Fuel Ventures,?Colopl Next, and others.

???Pass,?a Qatar-based?delivery app, raised?$2.7 million?in a?pre-Series A?round from undisclosed investors.

???CredAluga,?a Brazil-based?rental-guarantee proptech, raised?$3.9 million?in a funding round led by?Caravela Capital?with participation from?Honey Island by 4UM,?Norte Ventures, and others.

????Emidat,?a Munich, Germany-based?environmental data startup for the construction industry, raised?€4 million ($4.3 million)?in?seed?funding led by?General Catalyst.

???Auquan,?a Singapore-based?AI startup focused on automating workflows in financial services, raised?$4.5 million?in a?seed?funding round led by?Peak XV’s Surge?with participation from?Neotribe Ventures.

???81Ravens,?a U.S.-based?Web3 game studio, raised?$4.5 million?in a funding round led by?Digital Hearts Holdings, with participation from?Gree Ventures.

???GlassFlow,?a Berlin-based?data infrastructure startup enabling Python developers to build event-driven data pipelines, raised?$4.8 million?in a?seed?funding round led by?Upfront Ventures, with participation from?High-Tech Gründerfonds,?Robin Capital, and others.

???Scalpel AI,?a London-based?medtech startup, raised?$4.8 million?in funding led by?Mercia Ventures?with participation from?Tensor Ventures?and other private investors.

???CREW Carbon,?a Brooklyn-based?carbon capture startup, raised?$5.3 million?in a?seed?funding round led by?Counteract, with participation from?ReGen Ventures,?ANIMO, and others.

???Hummingbirds,?a U.S.-based?platform that connects local content creators with brands, raised?$5.4 million?in a?seed?funding round led by?Allos Ventures, with participation from?Ground Game,?Homegrown Capital, and others.

???Caldera + Lab,?an Austin, TX-based?men’s skincare brand, raised?$6 million?in a?Series A?funding round led by?HIPstr.

???Coolmate,?a Vietnam-based?direct-to-consumer men’s apparel company, raised?$6 million?in a?Series B?round led by?Vertex Ventures Southeast Asia and India.

???Diffblue,?a U.K.-based?AI platform specializing in automated test generation for Java code, raised?$6.3 million?in a?Series A extension?round led by?IP Group, with participation from?Parkwalk Advisors,?AlbionVC, and others.

????JUUNOO, a?New York, NY-based?sustainable design company focused on innovative building methods, has raised?$6.6 million?from undisclosed existing investors.

???AgriCapital,?a Colombian fintech?focused on agribusiness financing, raised?$7.4 million?in a mix of debt and equity. The round was led by?Alive Ventures, with participation from?Bancolombia,?Comfama, and others.

???Swoove Studios,?a Belgium-based?3D animation software startup, raised?€6.9 million ($7.5 million)?in a?seed?funding from European angel investors.

???Vamo,?a Netherlands-based?sustainable heating startup, raised?€7 million ($7.5 million)?in a?seed?funding round led by?Extantia Capital, with participation from?Munich’s GET Fund,?caesar, and others.

????MealMe,?a Palo Alto-based?food ordering API, raised?$8 million?in a?Series A?funding round led by?Mercury Fund,?with participation from?Palm Drive Capital?and?Gaingels.

???Bifrost AI,?a Generative 3D Data platform, raised?$8 million?in?Series A?funding round led by?Carbide Ventures, with participation from?Airbus Ventures,?Peak XV's Surge, and others.

????Kanpla,?a Denmark-based SaaS startup digitizing contract catering, raised?€8 million ($8.7 million) in Series A?funding led by?HenQ.

???Vara,?a Berlin-based?AI-driven mammogram screening platform, raised?$8.9 million?in funding led by?IBB Ventures, with participation from?Smart Family Office?and?FJH.

???Delos Insurance Solutions,?a San Francisco-based?property insurance MGA, raised?$9 million?in a?Series A?funding round led by?HSBC Asset Management, with participation from?IA Capital Group,?Blue Bear Capital, and others.

???Infinite Machine,?a New York-based?e-scooter company with a cyberpunk aesthetic, raised?$9 million?in a?seed?round led by?Andreessen Horowitz (a16z), with participation from?Adjacent,?Necessary Ventures, and other.

???paretos,?a Heidelberg, Germany-based?Decision Intelligence startup, raised?€8.5 million?($9.2 million)?in a?Series A?round led by?Acton Capital?with participation from?UVC Partners,?LEA Partners, and others.

???Matia,?a Miami and Tel Aviv-based?data operations startup, raised?$10.5 million?in a?seed?funding round led by?Leaders Fund, with participation from?Secret Chord Ventures,?Cerca Partners, and others.

???Buddy.ai,?a Montenegro-based?AI tutor for kids under 12, closed an?$11 million?in a seed funding round led by?BITKRAFT Ventures, with participation from?Educapital,?One Way Ventures, and others.

????Table22,?a New York, NY-based?platform connecting customers with exclusive dining experiences, raised?$11 million?in a?Series A?funding round led by?Lightspeed Venture Partners, with participation from?Footwork,?Forerunner Ventures, and others.

???RIFT,?a Netherlands-based?cleantech startup focused on decarbonizing industrial heat, raised?€11 million ($11.9 million)?in funding led by?PGGM (on behalf of PFZW), with participation from?Invest-NL,?Oost NL, and others.

???Modash,?a Tallinn-based?creator partnerships platform, raised?€11 million ($11.9 million)?in a?Series A?round led by?henQ VC, with continued support from early investors.

???Aralez Bio,?a California-based?biotech startup, raised?$12 million?in an oversubscribed?Series A?funding round led by?Spero Ventures, with participation from?Paladin Capital Group,?Good Growth Capital, and others.

???HOMEE,?a Tampa, FL-based?AI-driven repair network for the Property and Casualty insurance sector, closed a?$12 million Series C?round led by?W.R. Berkley Corporation, with participation from?The Institutes,?Sure Inc., and others.

???Kuberno, a London-based enterprise SaaS startup focused on legal entity management, has completed a?￡9.5 million ($12.25 million) Series A?round co-led by?Nasdaq Ventures?and?Barclays.

????Cruisebound, a?New York, NY-based?digital-first platform for cruise bookings, has raised?$13 million?in a funding round led by?Thayer Ventures, with participation from?Link Ventures,?CEO Jeff Boyd, and others.

???Supermom,?a Singapore-based?AI-driven consumer data platform connecting parents across Southeast Asia, raised?$14 million?in a?Series B?round led by?AC Ventures, with participation from?Qualgro,?Granite Asia, and others.

???Abstract Security,?a Palo Alto, CA-based?security analytics startup, closed an?oversubscribed $15 million Series A?round led by?Munich Re Ventures, with participation from?Crosslink Capital?and?Rally Ventures.

???Semble,?a UK-based?healthtech SaaS company, raised?$15 million?in a?Series B?round led by?Mercia Ventures?with participation from?Octopus Ventures?and?Smedvig Capital, and others.

???Brightwave,?a U.S.-based?AI-driven financial research platform for investment banks and hedge funds, raised?$15 million?in a?Series A?round led by?Decibel Partners?with participation from?Omers Ventures.

???Wildfire Systems,?a San Diego, CA-based?fintech platform for loyalty and rewards programs, raised?$16 million?in a?Series B?round co-led by?Intuit Ventures?and?Mucker Capital, with participation from Evolution VC, Cohen Circle, and others.

???Alimetry,?a New Zealand-based?medtech startup specializing in gut health wearables, raised?$18 million?in a?Series A2?round led by?GD1, with participation from with participation from the?American Gastroenterological Association GI Opportunity Fund,?Olympus Innovation Ventures, and others.

???Infraspeak,?a Portugal-based?facilities management platform, raised?$19.5 million?in a?series B?round led by?Endeit Capital, with participation from?Bright Pixel Capital,?Caixa Capital, and others.

???EvoluteIQ,?a UK-based?automation firm, raised?$20 million?in a funding round led by?Round2 Capital, with participation from?Nordea Growth Fund,?DCAP Select, and others.

???Decart,?an Israel-based?AI infrastructure startup, raised?$21 million?in Seed funding led by?Sequoia, with participation from?Oren Zeev.

???Andium,?a New York, NY-based?Industrial IoT (IIoT) company focused on remote-field monitoring and communications, raised?$21.7 million?in a?Series B?round led by?Aramco Ventures, with participation from?Climate Investment,?Intrepid Financial Partners, and other investors.

???Nillion,?a decentralized data privacy network, raised?$25 million?in a new funding round led by?Hack VC, with participation from?Distributed Global,?Hashkey, and other investors.

????Noma,?an Israel-based?AI security platform, raised?$25 million?in a?Series A?funding round led by?Ballistic Ventures, with participation from several CISO investors.

???Tabs,?a New York-based?B2B revenue automation company, raised?$25 million?in a?Series A?round led by?General Catalyst, with participation from?Primary Ventures?and?Lightspeed.

???Osigu,?a healthcare payment platform for Latin America and the Caribbean, raised?$25 million in a Series B?funding round led by?IDC Ventures, with participation from?Visa.

???Zinc,?an India-based?edu-wealth startup helping families financially prepare for overseas education, raised?$25.5 million?in a?seed?round led by?Nexus Venture Partners, with participation from?Quona Capital,?EDBI,?and others.

???BondBloxx,?a California-based?bond ETF provider, raised?$27 million?in a funding round led by?Macquarie Asset Management, with participation from other financial investors.

???Third Wave Automation,?a California-based?autonomous forklift provider, closed a?$27 million Series C?round led by?Woven Capital, with participation from?Innovation Endeavors,?Norwest Venture Partners, and others.

??Neara,?an Australia-based?digital twin platform for energy grid infrastructure, raised?€28 million ($30 million)?in?Series C?funding round led by?EQT, with participation from?Square Peg,?Skip Capital, and others.

???Databento,?a Salt Lake City-based?financial data platform, raised?$30 million?in?Series A?funding round led by?Belvedere Trading, with participation from?Clear Street,?Lightscape Partners, and others.

???Reflexivity,?a New York-based?AI co-pilot solution provider, raised?$30 million?in a?Series B?round led by?Greycroft?and?Interactive Brokers (IBKR), with participation from?General Catalyst, the Latin American investment arm of?SoftBank, and others.

???RedoxBlox,?a San Diego-based?energy storage startup, raised?$31 million?in a funding round led by?Prelude Ventures, with participation from?Imperative Ventures,?New System Ventures, and others.

???Bright Uro,?an Irvine-based?urology-focused medtech startup, closed?$32 million?in a?Series A?funding round led by?Laborie Medical Technologies (Laborie), with participation from?University of California (UC Investments),?Freepoint Capital Group, and others.

???Aignostics,?a Berlin-based?AI startup specializing in precision medicine, raised?$34 million?in a?Series B?round led by?ATHOS, with participation from?Mayo Clinic,?HTGF, and others.

????Filigran,?a France-based?cybersecurity platform specializing in cyberattack simulation and response, raised?$35 million?in a?Series B?round led by?Insight Partners?with participation from?Accel?and?Moonfire.

???Udaan,?a Bengaluru, India-based?B2B e-commerce platform for small businesses, raised?Rs 300 crore ($35 million) in debt funding?led by?Lighthouse Canton, with participation from?Stride Ventures,?InnoVen Capital, and others.

???Zenity,?an Israel-based?security platform for enterprise AI copilots and low-code app development, raised?$38 million?in a?Series B?round led by?Third Point Ventures, with participation from?DTCP,?Intel Capital, and others.

???Regal Voice,?a New York-based?AI contact center provider, raised?$40 million?in new funding led by undisclosed investors.

???Beyond Aero,?a Toulouse, France-based?mobility startup pioneering hydrogen-powered electric aviation, raised?$44 million?in a?Series A?round co-led by?Giant Ventures?and?Bpifrance, with participation from?Initialized Capital?and other angel investors.

???Read AI,?a U.S.-based?AI meeting assistant platform, raised?$50 million?in a?series B?funding round led by?Smash Capital, with participation from?Madrona?and?Goodwater Capital.

???Blacklane,?a Germany-based?luxury chauffeur service app, raised?$65 million?in a?series G?funding round led by?Tasaru Mobility Investments.

???Finix,?a U.S.-based?payments processor, raised?$75 million?in a?Series C?funding round co-led by?Acrew Capital,?Leap Global?and?Lightspeed Venture Partners, with participation from?Citi investors,?Tribeca Venture Partners, and others.

???GMI Cloud,?a San Jose, CA-based?GPU cloud infrastructure provider, secured?$82 million?in a?Series A?funding round led by?Headline Asia, with participation from?Banpu?and?Wistron.

???Kivu Bioscience,?a San Francisco, CA-based?biosciences company, raised?$92 million?in a?Series A?led by?Novo Holdings, with participation from?Gimv,?Red Tree Venture Capital, and others.

???DoorLoop,?an Israel-based?automated property management platform, raised?$100 million?in a?Series B?funding round led by?JMI Equity.

???Moniepoint,?a Nigeria-based?fintech platform known as Africa’s fastest-growing fintech, raised?$110 million?in a?Series C?round led by?Development Partners International?with participation from?Google’s Africa Investment Fund,?Lightrock, and others.

???Finova Capital,?an India-based?financial services firm supporting micro-entrepreneurs, raised?$135 million?in a?Series E?round led by?Avataar Venture Partners, with participation from?Sofina,?Madison India Capital, and others.

???Melio,?an Israel-based?B2B payments fintech, raised?$150 million?in a?Series E?funding round led by?Fiserv, with participation from?Shopify,?Capital One, and others.

???Sierra Technologies,?a U.S.-based?generative AI startup co-founded by former Salesforce co-CEO Bret Taylor, raised?$175 million?in a funding round led by?Greenoaks Capital, with participation from?Thrive Capital?and?Iconiq.

????Armis,?a U.S.-based?cybersecurity firm, raised?$200 million?in a?Series D?funding round led by?General Catalyst, with participation from?Alkeon Capital,?Insight Partners, and others.

???BETA Technologies,?an electric aerospace company?based in Vermont, closed?$318 million?in?Series C?funding round led by?QIA, with participation from?Fidelity Management & Research Company,?TPG Rise Climate, and others.

???Insider,?a NYC-based AI-native omnichannel experience platform, raised?$500 million in Series E?funding led by?General Atlantic.

We will be back same time next week.

Until then.

John Gannon and the team @ Venture5 Media