Started as a spreadsheet, now a unicorn (Clay) | Causely CEO on Cap Tables

M&A

???BrightCHAMPS,?an edtech platform?offering online programming and AI courses for kids,?acquired?Edjust, an Indian K12 education marketplace, in a cash and stock deal to strengthen its global presence.

???Findi Ltd.,?a Delhi, India-based?financial services marketplace, has acquired?BANKIT, a fintech company focused on financial inclusion. The acquisition aims to boost financial access in rural and semi-urban India.

???Metropolis,?an AI-powered parking platform, is acquiring?Oosto (formerly AnyVision)?for?$125 million.

???Redwire Corp,?a Jacksonville, FL-based space technology company, announced its acquisition of?Edge Autonomy,?a San Luis Obispo, CA-based autonomous systems company, for?$925 million.

???Oosto,?an Israeli?based facial recognition firm, has been acquired by?Metropolis, a?Santa Monica, California-based parking lot operator, for?$125 million.

???Dawsongroup,?a Milton Keynes, UK-based company, has been acquired by?KKR?as part of a strategy to decarbonize company fleets.

???Sensorfact,?an Utrecht, Netherlands-based energy management company, has been acquired by?ABB?in a strategic move to enhance industrial energy efficiency solutions.

???Circle,?a New York City, NY-based?financial technology firm, announced the acquisition of?Hashnote, the issuer of the USYC stablecoin. The acquisition allows Circle to integrate Hashnote’s services into its offerings.

???Bank BTN,?a Jakarta, Indonesia-based?financial institution, has signed a deal to acquire?Bank Victoria Syariah?for?$65 million.?Bank BTN?intends to leverage the acquisition to form its own sharia commercial bank by the end of H1 2025.

???Iris Telehealth,?an Austin, TX-based telepsychiatry service provider, has acquired?innovaTel, enhancing its services in the telehealth sector.

???Hatsun Agro Product Ltd,?a Chennai, Tamil Nadu, India-based leading dairy product company, acquired?Milk Mantra Dairy Private Limited?for?US$26 million.

???CardWorks,?a Woodbury, New York-based?consumer finance company, has acquired?Ally Financial’s credit card business for?$2.3 billion. The acquisition includes Ally’s credit card portfolio of $2.3 billion in credit card receivables and 1.3 million active cardholders.

???RESET Carbon,?a Hong Kong-based?supply chain carbon management solutions provider, has been acquired by?LRQA,?a London-based assurance services provider.

???Smartsheet,?a Bellevue, Washington-based?AI-enhanced work management platform, was sold for?$8.4 billion?to funds managed by?Blackstone?and?Vista Equity Partners.

???Divvy Homes,?a San Francisco, CA-based rent-to-own startup, is being acquired for?about $1 billion?by?Brookfield Properties.

???Zencity?has acquired?Commonplace,?a UK-based?community engagement platform, in a deal?estimated in the millions?to enhance Zencity’s zoning and planning capabilities.

???Citrix Systems Inc.,?a Fort Lauderdale, FL-based cloud software company, has acquired?Unicon GmbH, a Karlsruhe, Germany-based thin client provider specializing in hybrid client software and endpoint management solutions.

???Kantar Media,?a global?media measurement and analytics unit, was bought by?HIG Capital, based in?Miami, FL, for?$1 billion?in an acquisition deal.

???Catch,?an Australian-based?ecommerce site, was acquired by?Wesfarmers?for?$230 million. However, the?Perth, Western Australia-based?conglomerate has decided to shut it down due to increased competition in Australian ecommerce.

???Airwallex,?a Singapore-based?payment platform, has acquired?Mexpago, marking its entry into the Mexican market.

????HTC (part of XR business),?a Taoyuan City, Taiwan-based?segment of HTC involved in extended reality, was acquired by?Google?for?$250 million. This strategic acquisition is aimed at bolstering Google’s virtual and augmented reality endeavors.

VC DEALS

????DryRun Security,?an Austin, TX-based?AI-driven application security startup, raised?$8.7 million?in a?seed?fundraising round. Led by?LiveOak Ventures,?Work-Bench, and?Cannage Capital.

???Axoflow,?a Stamford, CT-based?cybersecurity startup, raised?$7 million?in a?seed?fundraising round led by?EBRD Venture Capital?with participation from?Credo Ventures,?e2vc, and others.

???Aslan,?a London-based?financial wellbeing platform, raised?€4.7 million?in a?seed?fundraising round led by?Notion Capital, with participation from?Redstone?and?Other Angels.

???Krvvy,?a Noida, India-based?new-age functional innerwear & shapewear brand for women, raised?Rs 6.1 crore (around $705K)?in a?pre-seed?fundraising round co-led by?Titan Capital?and?All In Capital?with participation from?Nikita Gupta?and others.

???Hamilton, a company specializing in tokenizing real-world assets on Bitcoin, raised?$1.7 million?in a?pre-seed?fundraising round led by?DisrupTech Ventures?with participation from?CMS,?DeSpread, and others.

???Postudio, a cloud-based post-production software company, raised?$1 million?in a?pre-seed?fundraising round led by?Audacity Venture Capital.

???Go Potty,?a The Hague-based?early potty training startup, raised?€350K?in a?pre-seed?fundraising round led by?YoV Capital.

????Egregious,?a London, UK-based?company developing advanced technologies to defend humans from AI misuse, raised?$1 million?in a?pre-seed?fundraising round led by?Fuel Ventures?with participation from?Oxford Capital.

???Sampo AI,?an Oman-based?AI-powered pricing solutions provider, raised?$750,000?in a?pre-seed?fundraising round co-led by?Omantel Innovation Labs?and?Waad VC, with participation from?Hexnture?and others.

???Soource,?a Bolzano, Italy-based?AI solution for procurement, raised?EUR 1.5 million?in a?pre-seed?fundraising round led by?360 Capital?with participation from?Exor Ventures,?Investors Club Members, and others.

???PayMon,?an Ecuador-based financial ecosystem for students and schools, raised?$600K?in a?pre-seed?fundraising round led by?Magma Partners?with participation from?Buen Trip Ventures,?Pygma, and others.

???BPR Hub,?a San Francisco and Bengaluru-based?AI-powered compliance management platform for manufacturers, raised?$2.6 million?in a?seed?fundraising round co-led by?Accel?and?Kae Capital?with participation from prominent angel investors in manufacturing.

???Merit Systems,?a Brooklyn, New York-based?cybersecurity startup, raised?$10 million?in a?seed?fundraising round led by?Andreessen Horowitz’s crypto fund?with participation from?Blockchain Capital.

???Tenex.AI Inc.,?a Sarasota, FL-based?AI-powered cloud MDR service, raised a?seed?fundraising round led by?Andreessen Horowitz,?Shield Capital, and a group of angel investors.?

???JoySpoon,?an Ahmedabad, Gujarat-based mouth freshener brand, raised?Rs 1.81 crore?in a?seed?fundraising round led by?Dishit Nathwani, with participation from?Prateek Toshniwal,?Abhinav Jain, and others.

???Arable,?a Saudi Arabia-based?agritech startup specializing in hydroponic farms, raised?$2.55 million?in a?seed?fundraising round.

???Zynap,?a Barcelona-based?AI-powered cybersecurity platform, raised?$5.9 million?in a?seed?fundraising round led by?Kibo Ventures?with participation from?Kfund?and leading business angels.

???MoneyHash,?a Dubai, UAE-based?platform simplifying payments in the Middle East and Africa, raised?$5.2 million?in a?seed?fundraising round led by?Flourish Ventures?with participation from?Vision Ventures,?AB Xelerate, and others.

????Egregious,?a London-based?company developing advanced technologies to protect humans from AI misuse, raised?$1 million?in a?seed?fundraising round led by?Fuel Ventures?and?Oxford Capital.

???Banyu,?a Jakarta, Indonesia-based?seaweed company, raised?$1.25 million?in a?seed?fundraising round led by?Intudo Ventures?with participation from other investors.

???Sycai Medical,?a Barcelona-based early detection tool for abdominal cancer, raised?€3 million?in a?seed?fundraising round led by?LUMO Labs?with participation from?Ship2B Ventures,?Athos Capital, and others.

???Chapter,?an Amsterdam-based?AI-powered knowledge management firm for green energy workers, raised?€3 million?in a?seed?fundraising round led by?Rubio Impact Ventures?with participation from?CapitalT.

???SVASTEK,?a Delhi, India-based?medtech startup, raised?Rs 2 crore?in a?seed?fundraising round led by?IAN Angel Fund.

??Chelvies Coffee,?a Delhi, India-based?coffee and dining experience brand, raised?$1 million?in a?Pre-Series A?fundraising round led by?Endurance Capital. The funding includes an additional $500,000 in debt financing currently in process.

???ZuriQ,?a Zurich, Switzerland-based quantum hardware startup, raised?$4.2 million?in a?seed?fundraising round led by?Founderful?with participation from?SquareOne,?First Momentum Ventures, and others.

???Tapline,?a Berlin, Germany-based provider of non-dilutive financing to B2B SaaS and subscription companies, raised?€20 million?in a?Pre-Series A?fundraising round led by?A15 Venture Capital?with participation from?Accelero Capital,?Antler, and others.

???Pluto,?a UAE-based?corporate card and expense management platform, raised?$4.1 million?in a?Pre-Series A?fundraising round led by?Rhino Ventures,?Born Capital, and?Goanna Capital.

???KisanKonnect,?an Ahmednagar-based?farmer producer company, raised?$4.5 million?in a?Series A?fundraising round led by?Mistry Ventures?with participation from?Times Group’s Brand Capital,?Shilpa Shetty, and others.

???ecoplanet,?a Europe-based?energy management software provider, raised?€16M?in a?Series A?fundraising round led by?EQT Ventures?with participation from?HV Capital?and other angel investors.

???Sereact,?a Stuttgart, Germany-based?AI-powered robotics company, raised?$26 million?in a?Series A?fundraising round led by?Creandum?with participation from?Point Nine,?Air Street Capital, and others.

???Snabbit,?a Mumbai, India-based?quick service app, raised?$5.5 million?in a?Series A?fundraising round led by?Elevation Capital?with participation from?Nexus Venture Partners?and?Vidit Aatrey.

????Burma Burma,?a Mumbai, India-based?restaurant chain, raised?$3 million?in a?Series A?fundraising round led by?Negen Capital, with participation from?NV Alpha Fund Management?and high-net-worth individuals.

????Kraaft,?a Paris-based?‘WhatsApp for Construction’ app, raised?€13 million?in a?Series A?fundraising round led by?Dawn Capital?and?Brick & Mortar Ventures.

???Arctic Therapeutics,?a Reykjavik, Iceland-based?drug discovery and development startup for dementia treatment, raised?€26.5 million?in a?Series A?fundraising round led by?EIC Fund?with participation from?Kaldbakur,?Sanos Group, and others.

???Green Fusion,?a Hohen Neuendorf, Germany-based?startup specializing in heating system optimization, raised?€12 million?in a?Series A?fundraising round led by?HV Capital?with participation from?XAnge,?Brandenburg Kapital, and others.

???Qomodo,?a?Milan, Italy-based?payment methods aggregator for physical merchants, raised?$49.6 million?in a?Series A?fundraising round led by?RTP Global?with participation from?LMDV Capital?and?Proximity Capital.

???Gravity,?a San Francisco, CA-based?carbon accounting and energy management platform, raised?$13 million?in a?Series A?fundraising round led by?Ansa Capital,?Communitas Capital, and?Buoyant Ventures.

???Package.ai,?a Tel Aviv-based?AI-driven delivery management platform, raised?$14 million?in a?Series A?fundraising round led by?Susquehanna Growth Equity.

???Project Eaden,?a Berlin, Germany-based?plant-based meat innovator, raised?$15.6 million?in a?Series A?fundraising round led by?Planet A?with participation from?REWE Group,?DeepTech & Climate Fonds, and others.

???Music AI,?a Salt Lake City, UT-based music tech company, raised?$40 million?in a?Series A?fundraising round led by?Connect Ventures?with participation from?Creative Artists Agency (CAA),?NEA, and others.

???Men in Blazers,?a soccer-focused digital media?company, raised?$15 million?in a?Series A?fundraising round led by?Avenue Capital Group.

???Belfry,?an audio technology startup, raised?$12 million?in a?Series A?fundraising round led by?Base10 Partners.

???Bedrock Energy,?an Austin, TX-based geothermal heating and cooling startup, raised?$12 million?in a?Series A?fundraising round led by?Titanium Ventures?with participation from?Energy Impact Partners,?Sustainable Future Ventures, and others.

???Vizgard,?a London-based?company that automates security cameras, raised?€1.7 million?in a fundraising round led by?Sure Valley Ventures?with participation from?Midwich Ignite,?Focal, and others.

???Spoki,?a San Vito dei Normanni, Puglia, Italy-based?conversational marketing startup, raised?EUR 5.5 million?in a?Series A?fundraising round led by?Blacksheep MadTech Fund?with participation from?CDP Venture Capital,?Finint Investments, and others.

???Clay,?a New York-based?GTM platform, raised?$40 million?at a?$1.25B valuation?in a?Series B-extension?fundraising round led by?Meritech Capital Partners.

???Mitiga,?a Tel Aviv, Israel-based defender of cloud services from cyberattacks, raised?$30 million?in a?Series B?fundraising round led by?SYN Ventures,?ClearSky Security, and?Atlantic Bridge, with participation from others.

???Aegis Energy,?a Wakefield, England-based?network of clean energy hubs,?raised €118 million (approximately ￡100M)?in a?Series B?fundraising round led by?Quinbrook Infrastructure Partners.

???H2SITE,?a Spain-based?hydrogen transport solution provider, raised?€36 million (USD $37.2 million)?in a?Series B?fundraising round led by?Hy24,?SC Net Zero Ventures, and?Breakthrough Energy Ventures?with participation from others.

???LeapXpert,?a New York, NY-based business communication pioneer, raised?$20 million?in a?Series B?fundraising round led by?Portage?with participation from?Rockefeller Asset Management,?Uncorrelated Ventures, and others.

???Highnote,?a San Francisco, CA-based leader in modern card issuance and program management, raised?$90 million?in a?Series B?fundraising round led by?Adams Street Partners?with participation from?Oak HC/FT,?Costanoa, and others.

???Nilus,?a tech-driven food distribution platform, raised?$10 million?in a?Series B?fundraising round led by?Vesey Ventures?with participation from?Felicis.

???Ati Motors,?a Bengaluru, Karnataka, India-based?autonomous mobile robot builder, raised?$20 million?in a?Series B?fundraising round led by?Walden Catalyst Ventures?with participation from?NGP Capital,?True Ventures, and others.

???Buk,?a Chile-based?human resource management platform, raised?$50 million?in a?Series B?fundraising round led by?Headline?with participation from?Greenoaks,?Base10,?Endeavor Catalyst, and others.

???Olé Life,?a Puerto Rico-based?insurtech company, raised?$13 million?in a?Series B?fundraising round led by?PayPal Ventures?with participation from?Mundi Ventures,?AV8 Ventures, and others.

????Weecover,?a Spain-based?embedded insurance provider, raised?€4.2 million?in a?Series B?fundraising round led by?Swanlaab Venture Factory?with participation from?Nauta Capital,?La Roca Capital, and others.

???Neko Health,?a Stockholm-based?preventative healthcare technology company, raised?$260 million?in a?Series B?fundraising round led by?Lightspeed Venture Partners?with participation from?General Catalyst,?O.G. Venture Partners, and others.

???Moniepoint,?a Lagos, Nigeria-based?banking platform, raised?$110 million?in a?Series C?fundraising round.

???Fundment,?a London, UK-based?next-gen platform for financial advisors, raised?￡45 million?in a?Series C?fundraising round led by?Highland Europe?with participation from?ETFS Capital.

???Render,?a San Francisco, CA-based modern cloud application platform, raised?$80 million?in a?Series C?fundraising round led by?Georgian,?01A, and?Avra?with participation from?Addition,?Bessemer Venture Partners,?General Catalyst, and others.

???Oshi Health,?a New York, NY-based?digital health company, raised?$60 million?in a?Series C?fundraising round led by?Oak HC/FT,?Bessemer Venture Partners, and?Flare Capital Partners, with participation from others.

???Vertice,?a London-based AI-powered SaaS spend platform, raised?$50 million?in a?Series C?fundraising round led by?Lakestar?with participation from?Perpetual Growth,?CF Private Equity, and others.

?????Eleos Health,?a Boston and Tel Aviv-based?AI scribe for behavioral health providers, raised?$60 million?in a?Series C?fundraising round led by?Greenfield Partners?with participation from?F-Prime Capital,?Eight Roads, and others.

???Harvey (Counsel AI Corp.),?a San Francisco, California-based legal AI startup, raised?$300 million?in a?Series C?fundraising round led by?Sequoia Capital?with participation from?OpenAI Startup Fund,?Elad Gil, and others.

???Orennia,?a Calgary, Alberta, Canada-based?energy transition data and analytics company, raised?$69 million?in a?Series C?fundraising round led by?Decarbonization Partners,?BlackRock, and?Temasek.

???Instabase,?a San Francisco-based platform for processing unstructured data, raised?$100 million?in a?Series D?fundraising round led by?Qatar Investment Authority?with participation from?Greylock Partners,?NEA, and others.

???Anthropic,?a San Francisco, CA-based?AI company, raised?$1 billion?in a recent funding round led by?Google.

???Labviva,?a Cambridge, MA-based biotech e-commerce platform, raised?$25 million?in a fundraising round led by?53 Stations?with participation from?B Capital,?Biospring Partners, and others.

???Rainbow,?a San Francisco, CA-based cryptocurrency wallet app, raised?$8 million?in a fundraising round led by?Zigg Capital.

???nexos.ai,?a Vilnius, Lithuania-based?AI orchestration platform for enterprises, raised?$8 million?in a?seed?fundraising round led by?Index Ventures?with participation from?Creandum,?Dig Ventures, and others.

???Bees & Bears,?a Berlin, Germany-based?energy credit platform, secured?€500 million?in its latest funding round.

???TAP (Talent Acceleration Platform),?an Amsterdam-based?edtech and career acceleration platform, raised?$1 million?in a fundraising round led by?Invest International?with participation from?Impact Angel Investors?and others.

???Workie,?an Indore, Madhya Pradesh, India-based office space management company, raised?$1.5 million?in an funding Round led by?Sunil Singhania family office?with participation from?NAV Capital,?and?Raman Roy.

???Rester Oy,?a Paimio, Finland-based?mechanical textile recycling company, raised?€4.9 million?in a?Second funding round?led by?Lindstr?m Oy?with participation from?Tesi (Finnish Industry Investment Ltd)?and others.

??Evenplay,?an Orlando, FL-based?gaming platform, raised?$10M+?in a fundraising round led by?EP Golf Ventures?with participation from?PGA of America,?Elysian Park Ventures, and others.

???Zeelab Pharmacy,?a Delhi, India-based?omni-channel healthcare brand, raised?$2.4 million?in a?funding round led by?OTP Ventures.

???Beanstack,?an Arlington, VA-based?reading challenge platform, raised?$1.5 million?in a fundraising round led by?Riverside Acceleration Capital?with participation from?Evoce Capital.

???TalentMapper,?a London-based AI-driven skills identification platform, raised?￡2 million?in a?Venture Round?fundraising round led by?Mercia Ventures?with participation from?Haatch.

???Open Payments,?a Swedish-based?open banking platform, raised?€3M?in a funding round led by?Alfvén & Didrikson?with participation from?Industrifonden?and other existing investors.

???Deconstruct,?a Bengaluru, India-based?skincare company, raised?$7.5 million?in a?recent funding round?led by?L’Oréal’s BOLD,?V3 Ventures,?and?DSG Consumer Partners?with participation from?Kalaari Capital,?BeeNext, and others.

???Spinny,?a Gurugram-based?used car platform, raised?$100-120 million?in an?Internal Round?fundraising round led by?Tiger Global?with participation from?Accel,?Elevation Capital, and others.

We will be back same time next week to report on how the month of May opened up.

Until then.

John Gannon and the team @?Venture5 Media