Massive Fundings

Claroty, a nine-year-old New York and Israeli startup that focuses on securing interconnected devices from cybersecurity threats, raised a $100 million “pre-IPO round” at a $2.5 billion valuation. The deal was led by Delta-v Capital, with the participation of AllianceBernstein, Standard Investments, Toshiba Digital Solutions, SE Ventures, Rockwell Automation, and Silicon Valley Bank.

Taalas, a Toronto startup founded seven months ago, revealed that it has secured funding of $50 million in two rounds. The funding was co-led by veteran venture capitalist Pierre Lamond and Quiet Capital. Taalas is in the process of developing a platform for transforming AI models into custom silicon.

Big-But-Not-Crazy-Big Fundings

Argyle, a New York-based startup founded six years ago, has secured $30 million in a Series C funding round. The round was led by Rockefeller Asset Management and saw participation from existing investors including Bain Capital Ventures, SignalFire, and Checkr. The company’s mission is to assist businesses in streamlining their hiring processes by automating the verification of income and employment data. Argyle has now raised over $100 million in total funding.

Baanx, a London-based startup founded six years ago, provides payment services that encompass traditional credit cards and cryptocurrencies. The company recently raised $20 million in a Series A funding round, bringing its total funding to over $30 million. Investors in this round included Ledger, Tezos, Chiron, and British Business Bank.

BrainCheck, a notable startup based in Austin for the past nine years, has achieved a significant milestone by securing $15 million in its Series B funding round. This investment was co-led by three prominent venture capital firms: Next Coast Ventures, S3 Ventures, and UPMC Enterprises.

Hunch, a startup based in Dubai, has successfully secured $23 million in Series A funding. The funding round was co-led by Alpha Wave and Hashed. This investment aims to support the company’s development of a social networking app designed to encourage more candid and sincere discussions.

Maybell, a Denver-based startup that’s been in operation for three years, has secured $25 million in funding. The company focuses on developing quantum computing infrastructure technologies like refrigeration. The lead investor for the funding round was Cerberus Capital Management, with additional participation from various firms such as Lavrock Ventures, Caruso Ventures, Mark IV Capital, Decisive Point, In-Q-Tel, and Olive Capital.

Metaplane, a Boston-based startup founded five years ago, has secured $13.8 million in a Series A funding round led by Felicis, with participation from existing investors Khosla Ventures, Y Combinator, Flybridge Capital Partners, and Stage 2 Capital. The latest round brings the company’s total funding to $22.2 million.

Nalu Medical, a medical device company headquartered in Carlsbad, California, secured a $20 million Series E extension to continue developing its minimally invasive neurostimulation devices for chronic pain management. B Capital led the investment in the ten-year-old company.

Sweet Security, a startup from Tel Aviv founded a year ago, raised a $33 million Series A round led by Evolution Equity Partners. Munich Re Ventures and Glilot Capital Partners also participated in the investment. The company assists businesses in safeguarding data and applications stored in cloud environments.

Tava Health, a 5-year-old Salt Lake City startup, has secured $20 million in Series B funding. The round was led by Catalyst Investors, with participation from Blue Heron Capital, as well as existing investors Peterson Partners, Toba Capital, and SpringTide. Tava Health partners with employers to provide their staff with access to licensed therapists for mental health care.

Topsort, a three-year-old startup based in San Francisco, recently secured $20 million in a Series A funding round. The company’s unique approach to profiling users employs auction-based advertising mechanisms that prioritize context and user engagement within e-commerce platforms, as opposed to relying solely on cookies. Upload Ventures, Quiet Capital, and Pear Ventures were among the investors who participated in the funding round.

Utila, a Tel Aviv-based startup, secured $11.5 million in seed funding to enhance institutional management of cryptocurrency operations. The platform allows secure storage, transfer, and control of digital assets across multiple blockchain networks. NFX, Wing VC, and Framework Ventures were among the investors in this round.

Smaller Fundings

appCD, a San Francisco-based startup founded one year ago, has secured $6 million in seed funding. The company automates the creation of infrastructure as code for developers by analyzing application code. This aims to simplify deployment processes and automatically ensure security and compliance, eliminating the need for manual intervention. Investors in the seed round include Thomvest Ventures, Westwave Capital, FireBolt, and Secure Octane.

Atmio, a Hamburg Germany-based startup specializing in developing technology to aid natural gas operators in detecting and repairing methane leaks, has secured $1.4 million in funding. The investment round included participation from HCVC, Robin Capital, and Nucleus Capital.

BRKZ, a two-year-old startup from Saudi Arabia, has secured an $8 million Series A funding round. The funding round was co-led by 9900 and BECO Capital. Other investors participating in the round included Wa’ed Ventures, Knollwood Investment Advisory, RZM Investment, and MISY Ventures. BRKZ’s marketplace aims to simplify the process of procuring building materials and equipment for contractors and manufacturers.

Cyclize, a six-year-old startup based in Stuttgart, announced a successful seed funding round of $5.4 million. The company has developed a technology that transforms waste plastics and carbon dioxide into new, usable chemicals using plasma technology. UVC Partners led the funding round, with participation from High-Tech Gründerfonds, Aurum Impact, and UnternehmerTUM Funding for Innovators.

Firewall, a startup specializing in developing a firewall for blockchain networks to prevent smart contract exploits, has secured $3.7 million in a pre-seed funding round co-led by renowned venture capital firms North Island Ventures, Breyer Capital, and Hack VC.

HData, a Birmingham, AL-based startup founded four years ago, has secured $10 million in Series A funding. The company’s platform is designed to streamline regulatory compliance and facilitate automated access to and analysis of regulatory data for companies in the electric, oil, and gas industries. Buoyant Ventures led the funding round, with participation from Victorum Capital, Hyde Park Venture Partners, and Firebrand Ventures.

Lettuce Financial, a San Francisco-based startup specializing in automated tax and accounting services tailored for solo entrepreneurs, has recently closed a seed funding round of $6 million led by Zeev Ventures. The one-year-old company aims to provide efficient financial solutions for individual business owners.

Louisa AI, a New York-based startup founded six years ago, has secured $5 million in seed funding. The company, which leverages AI to offer personalized updates and recommendations to its clients, attracted investments from prominent entities, including Oxford University, Palm Drive VC, Evolution VC, Nucleus VC, and Gaingels.

MDaaS Global, an eight-year-old Lagos-based startup focused on developing and managing technology-driven healthcare facilities in underserved regions of Africa, has secured a $3 million pre-Series A funding round. The round was co-led by Aruwa Capital and Newton Partners, with participation from Ventures Platform. This funding brings the company’s total capital raised to $6.8 million.

PreemptiveAI, a Seattle-based startup that leverages smartphones and wearable devices to forecast health outcomes for healthcare providers, pharmaceutical companies, and insurance payers, secured a $6.4 million investment round. The funding round was co-led by Inspired Capital and Meridian Street, with additional participation from Allen Institute, AI2, and Precursor Ventures.

Ubirider, a Lisbon-based startup that has been operating for six years, has recently raised $1.95 million in a seed funding round. The company provides transport agencies and consumers with tools to plan and pay for trips through its platform and app. Techtree Investments and Cedrus Capital co-led the investment round.

The four-year-old Houston-based startup Van Heron Labs which focuses on developing technologies to enhance the production processes of cellular agriculture and biologics while minimizing their ecological impact, has successfully raised $1.1 million in its seed round. FoodLabs led the funding round.

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