Tuesday, 01/16/24 - Unveiling the Latest in Tech: Noteworthy Fundings and Innovations | Luke Insider! 💡🚀

Aira: Revolutionizing Heat Pump Transition

Stockholm-based startup Aira, with a mission to streamline consumer transitions to heat pumps, secured an impressive $63 million in a Series B extension round. Temasek, Altor, and Kinnevik were among the key investors driving this funding surge. More here.

Build A Rocket Boy: A Scottish Game-Changer

Build A Rocket Boy, a Scottish game development startup founded by a former lead developer of Grand Theft Auto, soared to new heights with a $110 million Series D round. RedBird Capital Partners led the deal, accompanied by notable names like Galaxy Interactive and NetEase Games. More here.

Forta's AI-Assisted Therapies for Autism

San Francisco-based Forta is making waves in AI-assisted therapies, particularly for autism. The startup raised a substantial $55 million in a Series A round, with Insight Partners taking the lead. Exor Ventures and Alumni Ventures also played a crucial role in supporting Forta's groundbreaking initiatives. More here.

INERATEC's Green Vision with Electrofuels

German startup INERATEC is spearheading the production of electrofuels to replace fossil fuels in industries like aviation and shipping. The company secured an impressive $129 million in a Series B round led by Piva Capital. Copec WIND Ventures, RockCreekHG Ventures, and Samsung Ventures joined the league of investors supporting this eco-friendly endeavor. More here.

10x Banking: Core Banking Solutions for the Future

London-based 10x Banking, specializing in core banking software, raised a substantial $44.3 million round from previous investors BlackRock and JPMorgan Chase. This infusion of capital is set to fuel the company's mission to revolutionize retail banks and small business banking providers. More here.

Digital Infrastructure's Decentralized Car Data Protocol

Brooklyn startup Digital Infrastructure is disrupting the automotive industry with its decentralized car data protocol. The company secured an $11.5 million Series A round led by CoinFund. Slow Ventures and Consensys Mesh also contributed to the funding, supporting the development of innovative solutions for car data management. More here.

Fullcast's Sales Team Monitoring Solutions

Redmond-based startup Fullcast, offering companies the ability to monitor sales team performance, raised an impressive $34 million in a seed round led by Epic Ventures. With integration into existing CRM systems, Fullcast is on a mission to redefine how businesses optimize their sales strategies. More here.

Granata Bio's Fertility Medication Advancements

Boston startup Granata Bio, dedicated to developing fertility medications, secured a substantial $14 million in a Series A round led by GV. CooperSurgical, Gedeon Richter, and Alumni Ventures are among the investors supporting Granata Bio's innovative approach to fertility solutions. More here.

International Battery Company: Powering EV Growth in India

A startup addressing the demand-supply gap in India's growing EV market, International Battery Company, raised $35 million in a pre-Series A round led by RTP Global. The strategic investment includes participation from Beenext, Veda VC, and various Korean and U.S. investors. More here.

Panacea Financial's Financial Products for Healthcare Professionals

Little Rock-based Panacea Financial, offering financial products for physicians, dentists, and veterinarians, secured a $24.5 million Series B round. Valar Ventures led the transaction, supporting Panacea Financial's mission to provide tailored financial solutions for healthcare professionals. More here.

Prismatic's Platform for Seamless Software Integrations

Sioux Falls-based startup Prismatic, empowering software developers with a platform for reusable and configurable integrations, raised an impressive $22 million in a Series B round. Five Elms Capital led the investment, recognizing Prismatic's role in enhancing software development efficiency. More here.

Soly: Illuminating the Future with Solar Solutions

Dutch company Soly, specializing in selling and leasing solar energy systems, batteries, and charging stations, raised a substantial $32.6 million round. ArcTern Ventures, Fifth Wall, and Shell Ventures are among the key investors propelling Soly's mission to provide sustainable energy solutions. More here.

Vertice's AI-Based Tools for SaaS Optimization

London startup Vertice, offering AI-based tools for managing and optimizing SaaS and cloud software spend, raised an impressive $25 million in a Series B round. Co-leads 83North and Bessemer Venture Partners recognize the significance of Vertice's role in reshaping the future of software management. More here.

Vicarius: AI Shield Against Software Vulnerabilities

New York startup Vicarius, leveraging AI to identify and fix software vulnerabilities before exploitation, secured a substantial $30 million in a Series B round. Bright Pixel led the funding, emphasizing the critical role Vicarius plays in bolstering cybersecurity. More here.

Weavix's "Smart" Radios for Frontline Workers

Wichita-based startup Weavix, developing "smart" radios for frontline workers, raised an impressive $23.6 million in a Series B round led by Insight Partners. The Friedkin Group and Perkins Coie also invested, recognizing the potential impact of Weavix's innovative communication solutions. More here.

Care Continuity: Coordinating Patient Care Effortlessly

Irving-based Care Continuity, offering software to coordinate patient care across different healthcare settings, raised $10 million in a Series A-3 round. Empactful Capital and Viewside Capital Partners led the funding, underscoring the importance of seamless patient care coordination. More here.

Delfos: Proactive Maintenance for Renewable Energy Assets

Barcelona startup Delfos, providing a platform for owners and managers of renewable energy assets to identify potential maintenance issues, raised $6.8 million in a seed round co-led by Contrarian Ventures and Headline. Domo.vc and EDP Ventures joined the investment, recognizing Delfos' role in enhancing the efficiency of renewable energy operations. More here.

Infield: Simplifying Open Source Dependency Management

New York startup Infield, aiding developers in managing open source dependencies, secured a $3 million seed round led by Foundation Capital. Y Combinator and Firsthand Alliance also participated, acknowledging Infield's contribution to streamlined development processes. More here.

Land Moto's Electric Revolution on Two Wheels

Cleveland startup Land Moto, specializing in electric motorbikes, raised $3 million in a funding round led by Nunc Coepi Ventures. This funding is poised to drive Land Moto's mission to revolutionize urban mobility with electric two-wheelers. More here.

Membion: Advancing Wastewater Treatment with Membrane Bioreactors

German startup Membion, focusing on the development and production of membrane bioreactor modules for wastewater treatment, secured a $5.4 million round. TechVision Fonds and DeepTech & Climate Fonds co-led the funding, recognizing Membion's role in advancing sustainable wastewater treatment solutions. More here.

Nasekomo's Insect-Powered Feed and Fertilizer

Sofia-based startup Nasekomo, producing animal feed and fertilizer from insects, raised an impressive $8.7 million in a Series A round. Invenio Partners led the deal, highlighting the sustainable approach Nasekomo brings to agriculture. More here.

NEXT Life Sciences: Pioneering Male Contraceptive Solutions

San Luis Obispo-based startup NEXT Life Sciences, dedicated to developing a male contraceptive, raised $2.5 million in a seed round led by The Family. Transform VC also participated, recognizing the potential impact of NEXT Life Sciences in the realm of reproductive health. More here.

QphoX: Bridging Quantum Computers Across Distances

Dutch startup QphoX, developing a quantum modem facilitating connections between quantum computers over long distances, secured an $8.7 million round led by QDNL Participations. The EIC Fund and previous investors, including Quantonation and Speedinvest, joined forces to support QphoX's pioneering quantum communication technology. More here.

The Realest: Elevating the Sports Memorabilia Marketplace

Los Angeles startup The Realest, operating a marketplace for sports memorabilia, raised a substantial $4.6 million seed round. KB Partners led the funding, joined by BAM Ventures, NFX, Slow Ventures, and FLÜS Investment Group, emphasizing the growing significance of sports memorabilia in the collector's market. More here.

Renzo's Ethereum Restaking Protocol

Crypto startup Renzo, the brain behind an Ethereum restaking protocol, raised $3.2 million in a seed round at a $25 million post-money valuation. Maven11 Capital led the deal, underlining Renzo's role in shaping the future of decentralized finance. More here.

Tandem PV: Advancing Solar Energy with Perovskite-Silicon Tandem Panels

San Jose-based startup Tandem PV, specializing in perovskite-silicon tandem solar panels, raised $6 million in a round led by previous investor Planetary Technologies. Uncorrelated Ventures also contributed, recognizing Tandem PV's contribution to the evolution of solar energy solutions. More here.

XRHealth: Teletherapy Revolution with Virtual Reality

Boston startup XRHealth, providing teletherapy via virtual reality for patients dealing with stress, anxiety, chronic pain, fibromyalgia, and neurological conditions, raised $6 million in a round led by Asabys Partners. Nova Prime Fund joined the funding, emphasizing the transformative potential of VR-based healthcare solutions. More here.