Startups

SingleFile: $9 Million (Series A) Raised For Legal & Compliance Technology

By Amit Chowdhry ● Feb 20, 2025

SingleFile, a leading innovator in legal & compliance tech, announced the completion of its Series A funding round at $9 million. This milestone brings the company's total funding to over $24 million since its founding in 2019 and $15 million in the past year, positioning SingleFile for continued growth and innovation.

Lumotive: $45 Million (Series B) Raised For Programmable Optical Semiconductor Products

By Amit Chowdhry ● Feb 20, 2025

Lumotive, a leader in programmable optical semiconductor products, announced it has closed a $45 million Series B funding round to accelerate sales growth of its groundbreaking Light Control Metasurface (LCM) technology. This oversubscribed round included new investors Swisscom Ventures, East Bridge, EDOM, Grazia, Hokuyo Inc. and TSVC, and support from existing investors such as Gates Frontier, MetaVC Partners, Quan Funds, USAA, and HiMax.

Tofu: $12 Million (Series A) Closed For Omnichannel Marketing Platform

By Amit Chowdhry ● Feb 20, 2025

Tofu, a unified AI platform for B2B marketing teams, announced it has raised $12 million in Series A funding. The funding was led by SignalFire, with participation from HubSpot Ventures, Tau Ventures, Correlation Ventures, Alumni Ventures, SH Fund, Riverside Ventures, Eudemian Ventures, and Han Bridge Capital, along with a notable group of angel investors. Existing investors Index Ventures, Stage 2 Capital, and Liquid 2 Ventures also joined the round.

K2 Space: $110 Million (Series B) Raised To Ramp Up Satellite Platorm

By Amit Chowdhry ● Feb 20, 2025

K2 Space announced a $110 million Series B to ramp up mass production of its multi-orbit and high power satellite platform. The funding round was co-led by Lightspeed Venture Partners and Altimeter Capital and it includes participation from existing investors Alpine Space Ventures, First Round Capital, and others.

Jscrambler: $5.2 Million Raised For Client-Side Protection

By Amit Chowdhry ● Feb 19, 2025

Jscrambler, a pioneer in client-side protection, announced the completion of a $5.2 million investment round subscribed to exclusively by Iberis Capital. This latest funding builds on a previous $15 million Series A funding round led by Ace Capital Partners with participation from Sonae IM and Portugal Ventures, which also led the company's initial seed round.

Keragon: $7.5 Million (Seed) Raised For AI-Based Healthcare Automation Platform

By Amit Chowdhry ● Feb 19, 2025

Keragon, an AI-based and HIPAA-compliant automation platform for healthcare, announced it has raised $7.5 million in an oversubscribed seed funding round led by Upfront Ventures, with early investors Afore Capital, Focal, and 25m Health doubling down.

SGNL: $30 Million (Series A) Raised For Privileged Identity Management

By Amit Chowdhry ● Feb 19, 2025

SGNL, a rapidly growing identity-first security startup, announced it secured $30 million in a Series A funding round to accelerate its mission of redefining how businesses protect their most critical assets. This funding round was led by Brightmind Partners, a security-focused firm co-founded by Stephen Ward, former Partner at Insight Partners, Home Depot CISO, and former Secret Service cybersecurity leader. And additional participation from Costanoa Ventures, Microsoft’s M12, and Cisco Investments validates growing confidence in SGNL’s approach.

Prior Labs: €9 Million (Pre-Seed) Raised To Change How Businesses Unlock Insights

By Amit Chowdhry ● Feb 19, 2025

Prior Labs – an AI startup innovating foundation models for spreadsheets and databases – announced it has €9 million in pre-Sseed funding, led by Balderton Capital along with XTX Ventures, SAP founder Hans Werner-Hector’s Hector Foundation, Atlantic Labs, and Galion.exe. And AI angel investors such as Peter Sarlin (Founder & CEO, Silo AI), Thomas Wolf (Founder & CSO, Hugging Face), Guy Podjarny (Founder, Snyk & Tessl), Ed Grefenstette (Director, DeepMind), Robin Rombach (Founder & CEO, Black Forest Labs), Chris Lynch (Founding Investor Data Robot & CEO, AtScale), Ash Kulkarni (CEO, Elastic) and other business leaders also participated.

JETSET Pilates Raises Strategic Investment From Purchase Capital

By Amit Chowdhry ● Feb 19, 2025

Purchase Capital (an investment firm that offers patient capital for private and public companies that have significant potential for long-term value creation) and JETSET Pilates (the Miami-based modern Reformer Pilates franchise known for combining DJ-curated music with fitness for an immersive experience) announced a strategic investment to ensure JETSET's long-term scalability and growth. Nicholas J. Singer, Founder and Managing Partner of Purchase Capital, was appointed to the JETSET Pilates Board.

SpotDraft: $54 Million (Series B) Raised For Helping Legal Teams Manage Contract Ecosystems

By Amit Chowdhry ● Feb 19, 2025

SpotDraft, a CLM platform that helps in-house legal teams manage their contract ecosystems, announced it has raised $54 million in Series B funding. Vertex Growth Singapore and Trident Partners were the lead investors, and the existing investors (Xeed VC, Arkam Ventures, Prosus Ventures, and Premji Invest) also participated in this round.

Relativity Networks: $4.6 Million (Pre-Seed) Funding Raised For Scaling Fiber Optics

By Amit Chowdhry ● Feb 19, 2025

Relativity Networks, a leading at-scale provider of next-generation fiber-optic technology, announced it raised $4.6 million in pre-seed funding to address the growing demand for data centers and the substantial power requirements. And Relativity Networks' technology will help the data industry meet that energy challenge by expanding the development beyond urban cores and into locations with more abundant power.

Lucidity: $21 Million (Series A) Raised For Multi-Cloud Storage Management Platform

By Amit Chowdhry ● Feb 19, 2025

Multi-cloud storage management platform Lucidity announced a $21 million Series A investment led by WestBridge Capital with participation from existing investor Alpha Wave. With the most recent funding round, Lucidity plans to expand the go-to-market team and continue innovating the platform to solve key storage management problems for enterprises worldwide.

Abcuro: $200 Million (Series C) Raised For Advancing Medicine In Development For Inclusion Body Myositis

By Amit Chowdhry ● Feb 19, 2025

Abcuro - a clinical-stage biotechnology company developing therapies for the treatment of autoimmune diseases and cancer through precise modulation of cytotoxic T cells - announced the closing of a $200 million Series C financing led by New Enterprise Associates (NEA) with Foresite Capital joining the round and participation of existing investors including RA Capital Management, Bain Capital Life Sciences, Redmile Group, Samsara BioCapital, Sanofi Ventures, Pontifax, Mass General Brigham Ventures, New Leaf Ventures, funds managed by abrdn, funds and accounts managed by BlackRock, Eurofarma Ventures, and Soleus Capital.

SimpliFed: $4 Million Raised For Building Maternal Care At Home Platform

By Amit Chowdhry ● Feb 19, 2025

Virtual maternal healthcare SimpliFed announced that it has raised a new $4 million in funding. This funding was led by Morningside and included new investors The Artemis Fund, Cultivation Capital, and American Heart Association Social Impact Funds, along with existing investors The Venture Collective, Empire State Development, Waterline Ventures, and previous Angels.

Saronic: $600 Million (Series C) Raised At $4 Billion For Autonomous Surface Vessels

By Amit Chowdhry ● Feb 19, 2025

Saronic Technologies announced it has closed $600 million of funding for its Series C round to advance its goal of redefining maritime superiority for the US and its allies. The funding round was led by Elad Gil and it values the company at $4 billion.

Valid: $5.5 Million Secured To Build AI-Enabled Ad Agency

By Amit Chowdhry ● Feb 19, 2025

Valid, an AI-enabled ad agency transforming digital advertising, announced $5.5 million in seed funding led by Canaan Partners. Neo, J Ventures. And strategic investors, including Reddit CEO Steve Huffman and search ads pioneer Scott Banister also participated in the round. This latest funding round brings Valid's total raised to $7.3 million and fuels its mission to make sophisticated advertising strategies accessible to all sizes of businesses.

Everstar: $4 Million (Pre-Seed) Raised To Transform Nuclear Compliance With AI

By Amit Chowdhry ● Feb 19, 2025

Everstar, an innovator in AI-based compliance solutions for nuclear energy and industrial operations, announced the close of its $4 million pre-seed funding round. The funding round was led by Third Prime VC, with participation from Pelican Energy Partners and EXCEL Services, Virta Ventures, Generational Partners, Page One Ventures, and a distinguished group of angel investors with expertise spanning AI, energy, aerospace, and defense.

Quadshift: $23 Million Growth Equity Raised To Advance Acquisitions Of Leading Software Companies

By Amit Chowdhry ● Feb 19, 2025

Quadshift, a leading acquirer of vertically focused B2B software, announced it has secured up to $23 million in growth equity funding to accelerate its acquisition of leading software businesses. And the all-equity and all-primary round was led by BDC Growth Equity Partners with participation from Celtic House Venture Partners ("Celtic House") and other minority investors.

Pathify: $25 Million Growth Equity Funding Raised

By Amit Chowdhry ● Feb 19, 2025

Pathify, a leading digital engagement platform for higher education, announced it raised $25 million in a minority investment from Five Elms Capital.

Germitec: $30 Million Raised For Advancing UV-C Disinfection Solutions

By Amit Chowdhry ● Feb 19, 2025

Germitec, a leading medical technology company specializing in UV-C High-Level Disinfection solutions, announced the closing of a $30 million financing round. This funding will enable the company to accelerate its development in the U.S. market and continue pioneering advancements in UV-C infection prevention technologies.

Suger: $15 Million (Series A) Raised For Helping Companies Transact On Cloud Marketplaces

By Amit Chowdhry ● Feb 19, 2025

Suger.io, an API-first platform helping high-growth software companies transact on cloud marketplaces, announced the completion of its $15 million Series A funding round, which was led by Threshold Ventures and participated in by existing investors Craft Ventures, Intel Capital, and Y Combinator.

Beamable: $13.5 Million (Series A) Raised For Funding Decentralized Gaming Infrastructure

By Amit Chowdhry ● Feb 19, 2025

Beamable, a leading developer behind decentralized gaming infrastructure, announced the completion of a $13.5 million Series A funding round led by BITKRAFT Ventures. This funding will support the development and scaling of the Beamable Network, a Decentralized Physical Infrastructure Network (DePIN) poised to redefine how backend infrastructure for games is built and operated. BITKRAFT Ventures was joined in the financing by Arca, Advancit Capital, 2Punks, P2 Ventures, Solana Foundation, Scytale Digital, defy.vc, GrandBanks Capital and Permit Ventures.

Desteia: $8 Million (Seed) Raised Supply Chain Visibility Platform

By Amit Chowdhry ● Feb 19, 2025

Desteia, a New York-based company with operations in the US and Mexico, utilizes technology to support leaders and operators, giving them the tools to make optimal decisions for their supply chain in a context of continuous disruptions. And the company has secured $8 million in a seed funding round led by Autotech Ventures, Nazca, and Village Global, positioning the company to revolutionize logistics operations with new artificial intelligence tools and graph theory. The funding round, which brings Desteia’s total funding to $11.5 million, included participation from Foundamental, Bridge Latam, and Nido Ventures.

Era: $6.2 Million (Seed) Raised For AI-Based Financial Intelligence Platform

By Amit Chowdhry ● Feb 19, 2025

Era, an AI-based financial intelligence platform reimagining personal wealth management, announced $6.2 million in seed funding co-led by MaC Venture Capital, Third Kind Venture Capital, and Protagonist.

Rho Labs: $4 Million (Seed) Raised For Cryptonative Rate Exchange

By Amit Chowdhry ● Feb 19, 2025

Rho Labs, a developer of Rho Protocol (the world’s first cryptonative rates exchange), announced that it has secured $4 million in seed funding to further expand the capabilities of its platform. With a total value of open contracts surpassing $500 trillion, rates are the largest single asset class in global financial markets. The funding was led by CoinFund, one of the earliest and most experienced cryptonative investment firms, with participation from Auros, Flow Traders, and other existing investors including Speedinvest.

Zest Health: Virtual Care Company Raises $13 Million (Seed)

By Amit Chowdhry ● Feb 19, 2025

Zest Health, which is the first value-based virtual care company focused on treating patients with inflammatory skin diseases, announced $13 million in seed funding. And Zest Health’s platform offers personalized dermatology care that minimizes unnecessary pharmaceutical utilization while producing sustainable clinical outcomes.

QuSecure: $28 Million (Series A) Raised For Post-Quantum Cryptography Platform

By Amit Chowdhry ● Feb 19, 2025

QuSecure, a leader in post-quantum cryptography (PQC) and next-generation cryptographic agility, announced the closing of additional funding, bringing the Series A round to $28 million. The funding will be used to advance QuSecure's delivery of crypto-agile and quantum-resistant cybersecurity enterprise software solutions. Two Bear Capital led the funding round, with participation from Accenture Ventures.

Invary: $3.5 Million Raised For Runtime Integrity Solutions Platform

By Amit Chowdhry ● Feb 19, 2025

Invary, a Runtime Integrity solutions platform, announced it raised a $3.5 million Seed funding round from SineWave Ventures, Flyover Capital, Hyperlink Ventures, and KCRise Fund. This funding enables Invary to advance its goal of verifying the Runtime Integrity of entire systems, ensuring comprehensive confidentiality and security.

Oso Semiconductor: $5.2 Million (Seed) Raised For Phased Array Antennas

By Amit Chowdhry ● Feb 19, 2025

Oso Semiconductor, a developer of power-efficient, high-performance, low-cost chipsets for next-generation wireless communication and sensing applications, announced it has raised an oversubscribed $5.2 million seed round. Engine Ventures led the funding round, with Entrada Ventures, Berkeley SkyDeck, and J-Ventures also participating.

tvScientific: $25.5 Million (Series B) Raised For Connected TV Ad Performance Platform

By Amit Chowdhry ● Feb 19, 2025

tvScientific, a leading performance advertising platform for connected TV (CTV), announced it has raised $25.5 million in Series B funding to 10 times the CTV ad market. NewRoad Capital Partners led the round, including Roku, a first-time investment from Second Alpha Partners, and participation from existing investors Norwest Venture Partners, S4S Ventures, and Progress Ventures.