Weekly Funding Round News - March 4, 2025

The funding activity for the week of March 3, 2025, has seen a robust engagement across multiple sectors, with significant investments highlighting the ongoing transformation and innovation. In the AI and accounting space, Accel Partners led a $4.7 million seed funding round for Quanta Financial, an AI-native accounting startup focused on automating bookkeeping processes. This investment underscores the increasing interest in leveraging AI to enhance traditional industries. Similarly, LGVP led a $12.5 million Series B round for VRIFY Technology Inc., which is known for its AI-assisted mineral discovery platform, DORA, indicating a growing interest in utilizing AI for resource exploration.

In the fintech sector, Swisscom Ventures spearheaded an $11 million Series B funding for Amnis, a Zurich-based international banking platform targeting SMEs. This reflects a growing demand for financial solutions catering to small and medium enterprises. Meanwhile, Benhamou Global Ventures backed COVU, an insurance customer management startup, with a $10 million Series A investment, highlighting a trend towards improving customer interactions in the insurance industry. The cybersecurity landscape also saw notable investment, with Madrona leading a $10 million Series A round for Anagram, emphasizing the importance of innovative security solutions amidst the AI revolution.

The renewable energy sector also captured significant investor interest, with Fakeeh Investment Holding leading a SAR 28.5 million Series A funding for HAALA Energy, a Saudi solar energy developer. This investment aligns with Saudi Arabia's Vision 2030 for expanding industrial and commercial solar segments. Additionally, M12, Microsoft's Venture Fund, led a $15 million Series A round for Edera, a cloud security startup, showcasing a strategic emphasis on enhancing security in cloud and AI infrastructures. These investments illustrate a strong focus on sustainability and security within the evolving energy and technology landscapes.

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Artificial Intelligence

• 73 Strings: Raised $55 million in Series B funding with participation from Growth Equity at Goldman Sachs Alternatives. Source
• Auditoria.AI: Secured $38 million in Series B funding from Innovius Capital. Source
• Regie.ai: Raised $30 million in Series B funding, backed by Scale Venture Partners and others. Source
• Together AI: Acquired $305 million in Series B funding from General Catalyst, Salesforce Ventures, and others. Source
• VRIFY Technology Inc: Received C$12.5 million in Series B funding from LGVP, RCF Innovation, and Beedie Capital. Source

Financial Technology

• Amnis: Raised $11 million in Series B funding led by Swisscom Ventures. Source
• Finom: Secured €50 million in Series B funding from General Catalyst and others. Source
• Flow48: Raised $69 million in Series A funding from Breega, 212, and others. Source
• Flywire: Acquired Sertifi in a $330 million deal. Source

Cybersecurity

• Anagram: Raised $10 million in Series A funding with Madrona leading the round. Source
• Seraphic Security: Secured $29 million in Series A funding from GreatPoint Ventures and others. Source

Renewable Energy

• HAALA Energy: Received SAR 28.5 million in Series A funding from Fakeeh Investment Holding. Source
• Edera: Secured $15 million in Series A funding led by M12, Microsoft's Venture Fund. Source

Health and Medical Technology

• Eikon Therapeutics: Raised $351 million in Series D funding from Lux Capital and others. Source
• Pulnovo Medical: Nearly $100 million in Series C financing with participation from Qiming Venture Partners and others. Source

Blockchain

• SynFutures: Raised $22 million in Series B funding from Pantera Capital. Source

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