Wednesday, 01/17/24 : Unveiling the Latest Wave of Funding in the Tech Landscape | Luke Insider!💡🚀

Digital Onboarding: Transforming Customer Engagement

Boston-based Digital Onboarding, an eight-year-old startup revolutionizing customer engagement for banks and credit unions through microsites and targeted communications, secured an impressive $58 million round. Volition Capital led this transaction, emphasizing the growing importance of personalized customer interactions in the financial sector. More here.

Everphone: Managing Business Devices with Precision

Berlin startup Everphone, specializing in managing smartphones and tablets for businesses, achieved a remarkable milestone with a $293.2 million Series D round. Citigroup, Phoenix Insurance, KfW, and Capnor, along with previous investors, contributed to this significant funding, recognizing Everphone's role in efficient device management for enterprises. More here.

Flowdesk: Empowering Cryptocurrency Trading

Paris-based Flowdesk, a three-year-old startup providing trading and liquidity services for cryptocurrencies, raised a substantial $50 million in a Series B round. Cathay Innovation led the funding, with support from Cathay Ledger Fund, Eurazeo, ISAI, and Ripple, marking a pivotal moment in the evolution of cryptocurrency trading platforms. More here.

Myrealtrip: Transforming Travel Booking Experiences

Seoul-based startup Myrealtrip, in partnership with travel agencies and platforms like Expedia and Agoda, raised a substantial $56.7 million in Series F funding. BlueRun Ventures Korea and IMM Investment co-led the round, recognizing Myrealtrip's role in revolutionizing how travelers book tours, activities, and accommodations. More here.

Kashable: Employee Loans Redefined

New York-based Kashable, providing loans to employees repayable through payroll deductions, raised $25.6 million in a Series B round co-led by Revolution Ventures and Moneta Ventures. With a total of $220 million in debt and equity, Kashable continues to redefine how employees access financial support. More here.

Kiln: Simplifying Crypto Asset Staking

Paris startup Kiln, focused on making crypto asset staking easier for consumers and businesses, raised $17 million led by 1kx. Crypto.com, IOSG, Wintermute Ventures, and other investors contributed, highlighting Kiln's role in simplifying crypto asset management. More here.

Lightship: Designing the Future of Electric RVs

San Francisco startup Lightship, dedicated to designing and manufacturing electric RVs, raised $34 million in a Series B round co-led by Obvious Ventures and Prelude Ventures. With support from various investors, including Allegis Capital and TechNexus Venture Collaborative, Lightship is on a mission to transform the future of recreational vehicles. More here.

Oleria: Streamlining Security Management

Seattle startup Oleria, offering software to prevent and respond to security breaches, raised $33.1 million in a Series A round led by Evolution Equity Partners. Salesforce Ventures, Tapestry VC, and Zscaler also participated, acknowledging Oleria's role in simplifying security tasks. More here.

Pomelo: Empowering Businesses with Payment Solutions

Buenos Aires startup Pomelo, providing software for businesses to manage payments from customers, raised $40 million in a Series B round led by Kaszek. This strategic funding will further empower Pomelo in its mission to streamline payment processes for businesses. More here.

Prota Therapeutics: Advancing Peanut Allergy Treatment

Melbourne-based Prota Therapeutics, set to conduct a Phase 3 clinical trial for its oral therapy treatment for peanut allergy, secured $21 million in equity and debt. SGI led the deal, marking a significant step forward in advancing treatments for peanut allergies. More here.

Recraft: AI Graphic Design for Professionals

San Francisco startup Recraft, offering an AI graphic design generator for professionals, raised $12 million in a Series A round co-led by Khosla Ventures and Nat Friedman. RTP Global, Abstract VC, and other investors recognize Recraft's role in transforming graphic design processes. More here.

SeeTree: AI for Tree Health and Productivity

Tel Aviv startup SeeTree, utilizing AI to help growers track tree health and productivity, raised $17.5 million in a Series C round co-led by HSBC Asset Management and EBRD. With participation from various investors, SeeTree continues to play a crucial role in sustainable agriculture. More here.

TrusTrace: Sustainable Supply Chain Management

Stockholm startup TrusTrace, aiding fashion brands in tracking and managing the sustainability of their supply chains, raised $24 million led by Circularity Capital. Previous investors Industrifonden and Fairpoint Capital also contributed, emphasizing the growing importance of sustainability in the fashion industry. More here.

ZymoChem: Biodegradable Materials through Fermentation

San Leandro-based ZymoChem, utilizing a special fermentation process to produce biodegradable materials with minimal carbon dioxide emissions, raised $21 million in a Series A round. Breakout Ventures led the deal, with support from Lululemon and Toyota Ventures, showcasing ZymoChem's commitment to eco-friendly materials. More here.

Briq: Automating Financial Workflows in Construction

Briq, offering a platform for construction companies to automate financial workflows, raised an $8 million extension round at a $150 million valuation. MetaProp, Blackhorn, Eniac, and Nemetschek contributed to this funding, recognizing Briq's impact on streamlining financial processes in the construction industry. More here.

Element Zero: Carbon-Efficient Metal Conversion

Perth startup Element Zero, claiming to have developed a cost-effective method for converting metal ores to pure metals with zero carbon emissions, raised a $10 million seed round led by Playground Global. This funding positions Element Zero as a key player in sustainable metal production. More here.

Kusari: Enhancing Software Supply Chain Security

Ridgefield-based Kusari, helping businesses identify and fix vulnerabilities in their software supply chains, raised an $8 million round. J2 Ventures, Glasswing Ventures, and Unusual Ventures participated, showcasing the importance of robust cybersecurity solutions. More here.

Lative: Illuminating Sales Performance Insights

Dublin startup Lative, aiding companies in gaining insights into sales performance, cost efficiency, and return on investment, raised a $3 million seed round. Elkstone Ventures led the deal, highlighting Lative's role in providing valuable analytics for business decision-making. More here.

TEMO: Electric Propulsion for Small Boats

French startup TEMO, specializing in electric propulsion engines for small boats and dinghies, raised a $6.5 million Series A round. At One Ventures and Bpifrance led the investment, supporting TEMO in advancing sustainable marine propulsion solutions. More here.

Upswing Financial Technologies: Financial Inclusion for Businesses in India

Indian startup Upswing Financial Technologies, providing loans and financial services to micro, small, and medium-sized businesses, raised a $4.2 million pre-Series A round led by Quona Capital. This funding will further Upswing's mission of promoting financial inclusion in India. More here.

WOO: Fueling Innovation in Crypto Exchange

Taipei startup WOO, operating a crypto exchange, raised a $9 million round with participation from various investors. Wintermute, Selini Capital, Time Research, and others joined this funding, positioning WOO as a key player in the dynamic crypto exchange landscape. More here.