VC Deals Activity Picks Up
John Gannon
Founder (Venture5 Media & V5 Summit, GoingVC) + Investor (Angel, LP, Syndicate Lead)
SOURCING IDEAS
Companies that raised ~1 year ago, or recently announced stealth moves.
???Tradespace, a San Francisco, CA-based?provider of an AI-powered IP management platform,?raised $4.2 million last November?in a?Seed?funding round led by?Eniac Ventures, with participation from?Abstract Ventures,?Amplo VC?and?Scrum Ventures.
???Fortuna Health, a New York, NY-based?end-to-end Medicaid navigation startup,?raised $4 million last November?in a?Seed?funding round led by?Andreessen Horowitz, with participation from?BoxGroup?and?YC.
???Keychain, a New York, NY-based?platform using AI to help CPG brands find manufacturing partners,?raised $18 million last November?in a?Seed?funding round led by?Lightspeed Venture Partners, with participation from?Box Group,?Afore Capital?and?SV Angel.
M&A
???Sentiance, a?Belgium-based?AI-driven motion insights company, acquired?Drvr, a?Bangkok-based?road safety firm. The amount was undisclosed.
???Incredibuild, a?Tel Aviv-based?software development acceleration platform, acquired?Garden, a?Berlin-based?DevOps platform providing production-like environments to build, manage and test cloud-native apps. The amount was undisclosed.
??Zaelab, a digital commerce company, acquired?Trellis, a B2B-focused digital marketing agency. The amount was undisclosed.
???Normative, a?Stockholm-based?carbon accounting software provider, acquired?Eivee, a?Denmark-based?carbon accounting solution. The amount was undisclosed.
????Printful?and?Printify, two leading on-demand printing companies with Latvian roots, have announced a merger to form a single entity. The financial terms are undisclosed.
???Patchwork Health, a?London-based?healthtech startup, has acquired?L2P Enterprise Ltd, a?UK?provider of medical appraisal and job planning software. The amount was undisclosed.
???BNZ (Bank of New Zealand), a major financial institution in New Zealand, acquired?BlinkPay, an?Auckland-based?open banking fintech. The amount was undisclosed.
???CrowdStrike, a?California-based?leader in cybersecurity, announced the acquisition of?Adaptive Shield, a?Tel Aviv-based?cloud security startup. The financial terms were undisclosed.
???IonQ, a?Maryland-based?quantum computing firm has acquired?Qubitekk, a?California-based?quantum networking startup. The amount was undisclosed.
???Nivesh, an?Indian wealthtech platform, announced the acquisition of?Wealthzi, a wealth management service focused on high-net-worth clients. The amount was undisclosed.
???Yelp, known for its local business reviews, has acquired?RepairPal, a?California-based?site providing car repair estimates, for?$80 million?in cash.
???Relief Therapeutics,?a Swiss?biotech?has completed a reverse merger with?GI-focused?Renexxion?to advance its gastrointestinal drug pipeline.
VC DEALS
???Viraa Care, a?Chandigarh, India-based?health-tech platform focused on infant and pediatric nutrition, raised?$108,000?in a?pre-seed?round from a group of European angel investors.
???Cloudsquid, a?Berlin, Germany-based?platform for AI-driven document processing, raised?over €900,000?in a?pre-seed?round led by?High-Tech Gründerfonds?and?Backbone Ventures, with participation from?Reetu Kainulainen?and?Udi Miron.
???Ulysses Ecosystem Engineering, an?Ireland and San Francisco-based?environmental tech startup, raised?$2 million?in a?pre-seed?funding round led by?Lowercarbon Capital, with participation from?Superorganism,?ReGen Ventures, and others.
???30 Sundays, an?India-based AI-driven travel agent, raised?$770,000 in pre-seed funding?led by?InfoEdge Ventures, with participation from?First Cheque,?Eximius, and others.
???Bislab, an?Oslo-based?fintech startup, raised?€1.7 million?in a?pre-seed?funding round led by?Sondo Capital, with participation from angel investors.
???Nimbus Power Systems, a?Connecticut-based?startup focused on renewable energy technology, closed an?undisclosed pre-seed funding round?led by?Connecticut Innovations.
???Plato, a?Berlin, Germany-based?AI-powered ERP automation platform for wholesale distributors, secured?$6.5 million?in a?pre-seed?round led by?Cherry Ventures, with participation from the German government and C-level angels.
???Mush Social, a?Saudi Arabia-based?social platform, raised?$1.2 million?in a?pre-seed?round led by?Nifal Consulting, with participation from?Nahr Al-Jazeera Holding?and other angel investors.
???Innovartan Learning, a?Noida, India-based?edtech startup, raised?Rs 5 crore?in a?pre-seed?round co-led by?Gokul Rajaram?and?Amit Singhal.
???Buddy, a social utility app that encourages users to spend less time on their phones, raised?$1.1 million?in?pre-seed funding?led by?Tim Willits?and?Vince Zampella, with participation from other angels.
???Xavveo, a?Berlin, Germany-based?autonomous vehicle sensor startup, raised?€8 million?in a?seed round?co-led by?Vsquared Ventures?and?imec.xpand.
???Sushain Wellness, a?Mumbai, India-based?healthtech platform combining traditional healing with technology, raised?Rs 2 crore?in a?seed round?from?Prajay Advisors LLP.
???Archon Biosciences, a?Seattle, WA-based?protein-design startup pioneering “antibody cages” to improve drug distribution, raised?$20 million?in a?seed funding?round led by?Madrona Ventures, with participation from?DUMAC Inc.,?Sahsen Ventures, and others.
???JustFund, a?Sydney, Australia-based?fintech specializing in divorce lending, raised?$5.7 million?in a?Seed?round led by?Xilium Capital?with participation from?Startmate,?Legal Tech Fund, and others.
???Qolab, a?Tokyo, Japan-based?quantum computing startup founded by Google alumni, raised?$3.5 million?in?seed funding?from the?Development Bank of Japan.
???Warburg AI, a?Sharjah, UAE-based?AI startup specializing in algorithmic trading and risk management, raised?$250,000?in?seed funding?from undisclosed investors.
???Advex AI, a?San Francisco, CA-based?AI startup addressing data challenges in AI Vision for manufacturing, raised?$3.5 million?in a?seed round?led by?Construct Capital, with participation from?Pear VC,?Emerson Collective, and other angels.
???DashO, an OpenTelemetry-native observability platform for cloud applications, raised?$9.5 million?in a?seed round?led by?Accel, with participation from?Dig Ventures?and angel investors.
???iFAST Diagnostics, a?London, UK-based?diagnostics startup, raised?€5.9 million?in seed funding led by?KHP Ventures, with participation from?EInk,?RAW Ventures, and others.
????Customs Window Technologies, a?Dublin, Ireland-based?RegTech startup, closed an?€800,000?seed round led by?private and EIIS investors, with participation from?Enterprise Ireland High Potential Start-Up (HPSU).
???CrossBridge Bio, a?Houston, TX-based?biotech startup, raised?$10 million?in a?seed round?led by?TMC Venture Fund, with participation from?CE-Ventures,?Portal Innovations, and others. Houston InnovationMap →
???Research Grid, a?U.S.-based?clinical trials automation platform, raised?$6.4 million?in a?seed?round led by?Fuel Ventures, with participation from?Ada Ventures?and?Morgan Stanley Inclusive Ventures Lab.
???MOOEV Technologies, a?Chennai-based EV startup, secured?Rs 4 crore?in seed funding led by?Bizdateup, with participation from?Inflection Point Ventures?and?Spectrum Impact.
???Stay, a?Brazilian B2B2C fintech?focused on private pension solutions, secured?$2.6 million in a seed round?led by?Maya Capital, with participation from?Better Tomorrow Ventures,?17Sigma, and others.
???Pulse, an?agentic AI platform?for SaaS product teams, raised?$1.4 million in a seed round?led by?Endiya Partners, with participation from several angel investors.
???Pantheon Mining, an?Amsterdam-based Bitcoin mining company, secured?€1 million?in a?seed?funding round led by undisclosed investors.
???Rekt, a?Delaware-based beverage startup, raised?$1.5 million?in a?seed?funding round led by angel investors.
???Theremia, a?Paris-based deep tech startup?specializing in precision medicine, raised?€3 million?in a?seed?funding round led by?Eurazeo, with participation from?Salica Investments,?Entrepreneur First, and others.
???Thesys, a?San Francisco-based startup?providing analytics solutions, raised?$4 million?in a?seed?funding round led by?Together Fund, with participation from?8vc.
???Cards, an Indonesian edtech startup, secured an?undisclosed?seed funding?round led by?Katha VC, with participation from?DS/X Venture?and?EduSpaze.
???PuppyGraph, a?San Francisco, CA-based?graph query engine startup, raised?$5 million?in a?seed funding round?led by?defy.vc.
???Latii, a?New York, NY-based?proptech startup focused on streamlining construction materials supply, raised?$5 million?in a?seed round?led by?Leadout Capital, with participation from?Era Ventures,?Act One, and others.
???Craftt, a?New York, NY-based?platform leveraging decentralized infrastructure for the modern workforce, raised?$2 million?in a?seed?funding round led by?Superscrypt, with participation from DCG and other angel investors.
???uPATCH, a?Delft, Netherlands-based?healthtech company specializing in microneedle drug delivery technology, secured an?undisclosed seed funding amount?from?INZET.
???Acai Travel, an?AI-driven travel operations platform?with bases in?Barcelona and New York, raised?€3.7 million?in?seed funding?led by?Nauta Capital, with participation from?DraperB1?and?One Travel Ventures.
???Algorized, a?Berkeley, CA-based AI platform?specializing in people-sensing technology, secured?$4.3 million?in a?seed?funding round led by?Amazon Industrial Innovation Fund, with participation from?Acrobator Ventures,?Berkeley SkyDeck Fund, and others.
???Passkey Therapeutics, a?Cambridge, MA-based biotech?developing Synergistic Multifunctional Therapeutics, raised?$20 million?in a?seed?funding round led by?Breakout Ventures, with participation from?Innovation Endeavors,?Bison Ventures, and others.
???Parallel Fluidics, a?Boston-based?microfluidics device manufacturer, secured?$7 million?in a?seed?funding round led by?J2 Ventures, with participation from?8VC?and?Praxis.
???Cloverleaf AI, a?Denver-based?provider of solutions for government contractors, raised?$2.8 million?in a?seed?funding round led by?Jackson Square Ventures, with participation from?First Mile,?TechStars, and others.
???SocialCrowd, a?future of work software platform?that gamifies employee goal-setting, raised?$2.5 million?in a?seed?funding round co-led by?Bread & Butter Ventures?and?Augment Ventures, with participation from?FullCircle,?Serac Ventures, and others.
???Hala Mobility, a?Hyderabad, India-based?EV-as-a-Service platform, raised?Rs 51 crore (around $6 million)?in a?pre-series A?funding round led by founders?Srikanth Reddy and Snehith Reddy,?with participation from?Phani Ramineni,?Bestvantage, and others.
???QubeHealth, a?Mumbai, India-based?healthcare payments platform, secured an undisclosed amount in?pre-series A?funding round led by?Unicorn India Ventures,?with participation from?CanBank Venture Capital.
????Miros, an?Estonia-based?visual AI e-commerce platform, raised?€6 million?in a?pre-series A?round led by?EBRD Venture Capital, with participation from?Tera Ventures?and former Estonian President?Toomas Hendrik Ilves.
???Capital C, a?Singapore-based?fintech company, raised an undisclosed?pre-series A?funding round led by?Phillip Private Equity, with participation from?Azure Capital, and various high-net-worth individuals.
???Heliware, a?3D geospatial platform?based in India, raised?Rs 4 crore in pre-series A funding?led by?JITO Incubation and Innovation Foundation (JIIF), with participation from?TiE?and?Vatvistaar Ventures.
???TCC, a?Germany-based?remote ICU monitoring provider, raised?€20 million?in a?series A?round funded by?Captain Thomas P?tzsch.
???Fundcraft, a?Luxembourg-based?digital fund operations platform, closed its?series A?round with an additional?€6 million, led by?3VC?and?MiddleGame Ventures, bringing its total funding this year to?€11 million.
???Yazen Health, a?Sweden-based?healthcare platform specializing in obesity treatment, raised?€19.5 million?in a?series A?funding round co-led by?Evli Growth Partners?and?Helsana HealthInvest, with participation from?Almaz Capital,?Yabeo, and others.
???Algebrik AI, a?New York, NY-based?AI company, raised?$4 million?in a?series A?round led by undisclosed investors.
???Axonis Therapeutics, a?Boston, MA-based?biotechnology company, closed an oversubscribed?$115 million series A?round co-led by?Cormorant Asset Management?and?venBio Partners, with participation from?Sofinnova Investments,?MRL Ventures Fund, and others.
???Marut Drones, a?Hyderabad, India-based?dronetech startup, raised?$6.2 million?in a?series A?round led by?Lok Capital.
???GalaxEye, an?India-based?spacetech startup, closed a?$10 million series A?round led by?MountTech Growth Fund, with participation from?Mela Ventures,?Speciale Invest, and others.
???CynLr, an?India-based?deep-tech robotics startup, raised?$10 million in a series A?round co-led by?Pavestone Capital?and?Athera Venture Partners, with participation from?Speciale Invest,?Infoedge, and others.
????Central da Vis?o, a?Brazilian healthtech?specializing in eye care, raised?$1.7 million in a series A?round led by?HT3 Investimentos, with participation from?Hangar 8 Capital,?Gávea Angels, and others.
???Kardome, an?Israel-based?startup specializing in spatial hearing AI, raised?$10 million in a series A?funding round led by?Korea Investment Partners, with participation from?Next Gear Ventures,?KB Investment, and others.
???UnifyApp, an?AI-powered app integration platform, raised?$20 million?in a?series A?funding round led by?ICONIQ Growth.
???The Hosteller, an Indian backpacker hostel brand, raised?Rs 48 crore?in a?series A?funding round led by?V3 Ventures, with participation from?Synergy Capital Partners,?Unit e Consulting LLP, and others.
???Glint Solar, an?Oslo-based solar development software platform, raised?$8 million (€7.4 million)?in a?series A?funding round led by?Smedvig Ventures, with support from?Momentum,?Futurum Ventures, and?Antler.
???Cintoo, a?Nice, France-based?industrial metaverse and 3D scanning solutions provider, raised?€37 million?in a?series B?round led by?Partech, with participation from?Amavi Capital?and?Armilar Venture Partners.
???NorthLadder, a?UAE-based?device trade-in platform, raised?$10 million?in a?series B?round led by?tali ventures, with participation from?Dutch Founders Fund?and?Crescent Ventures.
???Seaport Therapeutics, a?Boston, MA-based biopharmaceutical company, closed an oversubscribed?$225 million series B?funding round led by?General Atlantic, with participation from?T. Rowe Price Associates, Inc.,?Foresite Capital, and others.
???Easy, an?Indian mortgage-tech?company, raised?$35 million?in a?series B?funding round led by?Claypond Capital, with participation from?Asia Rising Fund of Sumitomo Mitsui Banking Corporation,?Xponentia Capital, and?Finsight Ventures.
???BETA Technologies, a?Vermont-based?electric aerospace company, raised?$318 million?in a?series C?funding round led by?QIA, with participation from?Fidelity Management & Research Company,?TPG Rise Climate, and others.
???Evommune, a?Palo Alto, CA-based?clinical-stage biotech company, secured?$115 million in Series C funding round?co-led by?RA Capital Management?and?Sectoral Asset Management,?along with participation from new investors?B Capital,?Marshall Wace, and others.
???Crimson Education, a?New Zealand-based?edtech scaleup, secured?NZ$67 million (approx. A$60 million)?in a?Series D?round led by?Movac, with participation from?HEAL Partners,?Ice House Ventures, and others.
???Melio, a?New York-based?B2B payments platform, secured?$150 million?in a?Series E?funding round led by?Fiserv, with participation from?Capital One Ventures,?Shopify Ventures, and others.
???iDWELL, a?Vienna, Austria-based?PropTech platform, secured?€10 million?in a funding round led by?Knight Capital, with participation from?Flashpoint Venture Capital?and?Wecken & Cie.
???DeepRoute.ai,?a?Chinese autonomous driving firm?raised?$100 million?in a funding round from an undisclosed automaker.
???Aligned Bio, a?Lund, Sweden-based?nanotechnology company focused on disease diagnostics, secured?€1.6 million?(SEK 19.4 million) in funding led by?SmiLe Inject Capital, with participation from existing and new investors.
???Cathedis, a?Casablanca, Morocco-based?last-mile delivery startup, raised?$713,000?in a funding round led by?Fond Capital Venture (FCV), with participation from?Beltone Venture Capital.
???SeaO?, an?Amsterdam, Netherlands-based?startup focused on CO? removal from seawater, secured?over €2 million?in a funding round led by undisclosed investors.
???Sierra Technologies, a?San Francisco, CA-based?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.
????Broswarm, a?Vilnius, Lithuania-based?defense tech startup, raised?€800,000?in a funding round led by?ScaleWolf.
???Quanscient, a?Tampere, Finland-based?startup specializing in cloud-based multiphysics simulation and quantum algorithms, raised?€5.2 million?in a funding round led by?Crowberry Capital, with participation from?Speen Holding,?Maki.vc?and?First Fellow Partners.
???Radical Forge, a?Middlesbrough, UK-based?gaming startup, raised?£2.6 million?in a funding round led by?Mercia Ventures.
???Induz, a?Hyderabad, India-based?data security solutions provider, raised?$780,000?in a funding round led by?YourNest Venture Capital, with participation from?SanchiConnect.
???Physical Intelligence, a?San Francisco-based?robotics AI startup, raised?$400 million?in a funding round led by?Jeff Bezos, with participation from?OpenAI,?Thrive Capital, and?others.
???Waymo, an autonomous ride hailing service in U.S. cities, raised?$5.5 billion?in a funding round led by?Alphabet, with participation from?Andreessen Horowitz,?Silver Lake, and others. Skift →
???Perplexity AI, a?generative AI-powered search startup, is finalizing a?$500 million?funding round led by?Institutional Venture Partners.
???Swiggy, an?India-based?food delivery platform, raised?$606 million?in a funding round led by?BlackRock, with participation from?Fidelity,?Norges Bank, and others.
???AllFocal, a?UK-based?augmented reality startup, raised?$5.3 million?in a funding round led by?SpeedInvest, with participation from?7PC Ventures,?Another.VC, and others.. Sifted →
???TAGGRS, an?Amsterdam-based?data tracking software company, raised?€2 million?in growth funding from?No Such Ventures.
???Spinnova, a?Jyv?skyl?, Finland-based?sustainable textile company, secured a?€12.7 million R&D loan?from?Business Finland.
???MODIFI, a?global B2B Buy Now, Pay Later (BNPL) platform, raised?$15 million?in a funding round led by?SMBC Asia Rising Fund, with participation from?Maersk,?Intesa Sanpaolo, and others.
???Webel, a?Madrid-based?platform for booking at-home services, secured?€1.4 million?in a funding round led by?Goodwater Capital, with participation from?Decelera Ventures?and?ZAKA VC.
???ZE Energy, a?Paris-based solar and energy storage developer, raised?€54 million?in a funding round led by?Amundi Energy Transition, with participation from?The Climate Infrastructure Fund,?Sorégies, and others.
???Oxpay, a?Brazilian fintech?specializing in payment solutions, raised?$3.5 million?in a funding round led by?SRM Ventures.
???Patagon AI, an?Ecuadorian AI-driven sales platform, secured?$1.1 million?in funding led by?OneVC, with participation from?17Sigma.
???HelloBetter, a?Germany-based digital mental health platform, secured?€3 million?in funding led by the?Ministry for Economic Affairs, with participation from the?Labour and Energy of Brandenburg.
???Tomorrow, a?German sustainable banking startup, raised?over €4 million?in a new funding round led by?Abacon Capital, with participation from?ETF Partners,?Kopa Ventures, and others.
???Brota Superfoods, a?Chilean foodtech company, raised?$630,000?in a funding round led by?Manutara Ventures.
???Borro, a?Brussels-based startup?focused on sustainable event solutions, raised?€350,000?in a funding round led by?Seeder Fund, with participation from?Imec.istart?and private investors.
???Nexstem, a?Bengaluru-based deep-tech company?developing brain-computer interface (BCI) technology, raised?$3.5 million?in a funding round led by?InfoEdge, with participation from?Zupee,?Smile Group, and others.
???Boston Materials, a?Billerica, MA-based advanced materials manufacturer, secured?$13.5 million?in a funding round led by?AccelR8, with participation from?Diamond Edge Ventures,?Valo Ventures, and others.
???Predikt, a?Belgian-Swiss?financial forecasting platform, raised?€750,000?in a funding round led by entrepreneur investors.
???Cordulus,?Denmark-based?provider of?AI-based weather solutions,?raised?€3 million?in a funding round led by?Danish Agro, with participation from the?Pajbjerg Foundation.
???Marosa, a?Barcelona, Spain-based?fintech startup offering SaaS for invoicing and compliance, raised?€12 million?in a funding round led by private investment firm?Aquiline Capital Partners.
???Enlog, a?Delhi-based?energy management startup raised?Rs 1.75 crore?in a funding round led by?Vinners.
???Fingercheck, a?New York-based?workforce management platform, raised?$115 million?in a?growth funding round?led by?Edison Partners, with participation from?StepStone Group?and?Columbus Capital.
???Embed Security, a?Reno, NV-based agentic security platform, raised?$6 million?in an early-stage funding round led by?Paladin Capital Group.
???Boldfit, a?D2C fitness brand?backed by Indian cricketer KL Rahul, raised?Rs 110 crore ($13 million)?in a funding round led by?Bessemer Venture Partners.
????Siit SAS, a?Paris-based?AI-powered service desk platform, launched with?$5 million?in funding led by?StageOne Ventures, with participation from?Seventure Partners.
???Squido Studio, a?Montreal-based?maker of immersive virtual experiences raised?$3 million?in a funding round led by?Triptyq Capital, with participation from?Grishin Robotics,?FJ Labs, and others.
John Gannon and the team @?Venture5 Media
?