Funding News

Sorted Wallet is a fintech startup that provides stablecoin access for users of basic feature phones. It aims to deliver inclusive financial tools to underserved communities in Africa and South Asia, addressing the needs of individuals who lack access to smartphones and traditional banking services.

Manus is an AI company focused on developing agentic AI solutions. The company is currently exploring options to raise approximately $1 billion for a buyback of its business, which was originally acquired by Meta. This move is part of their strategy to go public in Hong Kong.

Paytm is a leading digital payments and financial services platform in India. It offers a wide range of services including mobile recharges, bill payments, and financial products. The company is notable for its significant presence in the Indian market and its role in promoting cashless transactions.

SolarSquare is an Indian startup that facilitates the adoption of solar power for households and housing societies. It has positioned itself as a full-stack residential solar platform, having installed over 150 megawatts of solar capacity across various cities in India. The company is currently in talks to raise up to $60 million, which would significantly increase its valuation in a rapidly growing market.

Smart Bricks is a frontier AI lab focused on building agentic AI infrastructure for global real-estate investing. The company designs autonomous reasoning systems that enable capital to discover, evaluate, and transact real-estate assets end-to-end, transforming real estate into a computable, data-driven asset class. Their recent win at The Pitch by Deel competition highlights their innovative approach and potential in the market.

Deep Fission is a company seeking to go public through an IPO on NASDAQ. The company aims to raise $157 million after a previous attempt to list failed, indicating a significant interest in its business model and market potential.

Jazz is a leading telecommunications provider in Pakistan, offering mobile services to millions of customers. The company has emerged as the largest buyer in the recent 5G spectrum auction, acquiring significant frequencies to enhance its service offerings.

Damroo is an independent music platform that supports independent and regional artists across India. The startup offers services such as digital music distribution, marketing support, and financial backing for content production, aiming to help musicians build sustainable careers. This funding round will enhance its technology infrastructure and expand its artist network.

Kalshi is a prediction market platform that allows users to trade on the outcomes of real-world events. It aims to provide a unique way for individuals to hedge against uncertainty and make informed decisions based on market predictions. The recent funding round adds to its previous capital, indicating strong investor confidence in its business model.

ARRW is Egypt’s first licensed ride-hailing platform, aiming to reshape urban mobility across the country. It serves over 200,000 users nationwide, focusing on providing a locally tailored alternative in a market dominated by international players. The recent $4 million investment will help expand its driver network and enhance its technology infrastructure.

The Uzbekistan National Investment Fund is a government-backed fund aimed at attracting investments into various sectors of the Uzbek economy. The recent IPO has successfully raised over $600 million, indicating strong investor interest and confidence in the country's economic prospects.

Ozak AI is an AI-powered project in the crypto space that has raised over $7 million and sold over a billion tokens in presale. It combines artificial intelligence with decentralized physical infrastructure networks, aiming to provide utility in the evolving crypto market.

Snabbit, also known as Maestroedge Solutions Private Limited, is a logistics technology company that focuses on enhancing operational efficiency and customer service. The company aims to expand its reach into new cities while upgrading its technological infrastructure to meet rising customer demand. This recent funding round will support its aggressive growth strategy in the logistics sector.

Vertical Aerospace is a pioneering company in the electric vertical takeoff and landing (eVTOL) aircraft sector. The company aims to revolutionize urban air mobility with its innovative aircraft designs, targeting both passenger and cargo transport markets. This funding round will help accelerate their development and operational milestones.

Fanvue is a platform that allows creators to monetize their content by selling directly to their fans, bypassing traditional advertising models. The company targets content creators who seek to establish a more sustainable income stream through direct fan engagement. Notably, Fanvue has achieved significant growth, reaching a $200 million annual recurring revenue (ARR).

Peec AI is a Berlin-based startup that helps brands track and improve their visibility in AI searches. The company has recently achieved over $10 million in annualized revenue, demonstrating significant growth since its launch.

Cycles is a crypto infrastructure startup focused on developing a blockchain-based settlement protocol that reduces unnecessary capital movement between transaction participants. The company aims to create a general-purpose financial engine that enables users to operate more efficiently with fewer resources, making settlement mechanisms accessible to smaller businesses and decentralized financial ecosystems.

Mave Health is a healthtech startup that develops non-invasive wearable headsets aimed at improving focus, mood, and stress regulation. The company targets consumers in the US and India, offering a device that uses low-intensity electrical signals to stimulate the brain and enhance mental health. This funding round will help launch their product and expand manufacturing capabilities.

JPYC is a stablecoin issuer that has developed a cryptocurrency pegged to the Japanese yen at a 1:1 ratio. The company aims to promote the adoption of stablecoins among ordinary users in Japan and has integrated its services with various blockchain platforms and the LINE ecosystem.

UpGrad is an edtech firm that offers online courses and programs for higher education. It targets students and professionals looking to enhance their skills and career prospects. The company is notable for its recent valuation of $1.7 billion ahead of its merger with Unacademy.

Trajektory is a Chicago-based sports-tech startup that focuses on providing data-driven insights for sports organizations. The company aims to enhance decision-making processes in the sports industry through advanced analytics and technology solutions. This funding round will help Trajektory expand its offerings and reach within the market.

Vestwell is a modern WealthTech platform designed to help Americans save for retirement, higher education, and emergencies. It serves employers, financial advisors, payroll providers, and government agencies, overseeing upwards of $50 billion in assets. The company recently raised $385 million in a Series E funding round, doubling its valuation since its previous funding round.

Pronto is a Bengaluru-based startup that connects urban households with trained, background-verified professionals for services like cleaning, laundry, utensil washing, and basic meal prep. The company has rapidly scaled to 26,000 daily bookings and expanded its operations to 10 cities within a year, reflecting significant growth in the competitive Indian home services market.

Boston Metal is a startup focused on producing critical metals using a novel process called Molten Oxide Electrolysis. The company targets industries that require high-value metals for defense, manufacturing, and technology, offering a sustainable alternative to traditional mining and smelting practices.

Modal Labs is a startup focused on AI infrastructure, providing low-latency serverless GPU container execution for AI inference and secure execution environments for AI-generated code. The company has experienced rapid growth, with its annualized revenue increasing fivefold in less than a year, driven by a surge in demand for AI-assisted coding tools.

QuberTech is focused on developing sustainable rubber sourced from dandelions. This innovative approach aims to provide an eco-friendly alternative to traditional rubber production, targeting industries that rely on rubber materials.

CVRD Health is a Miami-based startup that specializes in streamlining health and welfare benefits for federal contractors. The company aims to modernize the sector by providing a platform that offers real-time visibility into benefit obligations and spending, addressing inefficiencies in traditional health plans.

Nexus Inclusion is an Irish AI startup focused on creating an accessibility platform. The company aims to enhance accessibility for individuals with disabilities, making technology more inclusive. This funding round will help them further develop their innovative solutions.

Gabit is a wearable healthtech startup that focuses on fitness, nutrition, sleep, and stress management. The company offers smart wearables, including a titanium smart ring that tracks over 150 health markers, alongside AI-powered coaching and personalized nutrition and skincare products. Founded by former Zomato and SkillTap executives, Gabit aims to integrate wellness solutions in a rapidly growing market.

Africa Finance Corporation is a pan-African multilateral development finance institution. It focuses on providing financial solutions for infrastructure and industrial projects across Africa, aiming to drive economic growth and development on the continent. The recent commitment of $100 million to digital growth highlights its dedication to enhancing technological advancements in the region.

REPS is an Austrian clean energy startup that has developed a technology platform to convert kinetic energy from vehicles into electricity. The company targets ports, logistics hubs, and industrial sites where heavy traffic creates consistent braking activity, aiming to generate reliable electricity without disrupting traffic flow.

Lunar Outpost is a Colorado-based startup focused on developing robotic systems for lunar exploration and infrastructure. The company aims to supply mobile robotic workforce solutions to prepare the Moon for long-term human use, positioning itself as a key player in the emerging lunar economy.

Alice & Bob is a quantum computing firm focused on developing hardware to make quantum computing less error-prone. The company targets industries that can benefit from advancements in quantum technology, such as drug discovery and financial modeling. Their participation in France's PROQCIMA programme highlights their role in advancing quantum computing capabilities in France.

Pixxel is a Bengaluru-based space tech startup that focuses on developing hyperspectral imaging satellites. The company is notable for its upcoming Pathfinder satellite, which aims to process data directly in Low Earth Orbit, showcasing advancements in sovereign AI workloads.

Qurie is a Freiburg-based startup developing next-generation electrocaloric cooling systems. The company targets the HVAC market with technology designed to deliver quieter, more efficient, and sustainable cooling solutions compared to conventional refrigeration systems.

Shatterdome Energy is an AI-driven energy trading and virtual power plant startup. It aims to develop a platform for renewable energy operators, utilities, and large power consumers to manage electricity market volatility. The company plans to leverage AI for forecasting and dispatching energy resources effectively.

Scope is an AI workflow platform designed to modernize industrial inspections in the TIC (testing, inspection, certification) industry. The platform helps inspection teams reduce reporting time, improve efficiency, and lower errors, making it distinctive in its approach to transforming traditional inspection processes through AI-powered automation.

Roboxi is a Stavanger-based startup specializing in airport airside automation and autonomy. The company offers multi-functional autonomous solutions for inspection and maintenance operations on airport runways, taxiways, and aprons, significantly improving safety and operational efficiency. The recent funding will support its growth and innovation in the airport sector.

Happl is an AI-native employee-benefits platform designed for multinational employers. It aims to streamline benefits management across more than 160 countries, replacing traditional country-by-country processes with a configurable rules engine and intelligent automation. The recent funding will accelerate product development and expand its teams in the UK and US.

ClearOps is an AI-powered after sales platform designed for industrial OEMs. It connects manufacturers, dealers, and ecosystem partners on a unified platform to enhance service and parts workflows, addressing inefficiencies in after-sales operations. The recent funding will accelerate its mission to become the AI operating system for global OEM after sales operations.

The Path is an AI startup focused on conversational mental health and coaching products. It aims to provide a unique approach to mental health support by using specialized AI models that challenge user assumptions rather than simply validating them. This funding round will help the company grow its engineering team and enhance its safety features.

K25 is a Singapore-based AI startup focused on developing innovative artificial intelligence solutions. The company aims to enhance various industries through its advanced technology offerings. This recent funding round of $2 million will help K25 accelerate its growth and expand its product offerings.

Cyclops is a fintech startup focused on integrating stablecoins with traditional payment systems. It aims to simplify stablecoin adoption for payment service providers by offering low- and no-code tools for seamless crypto acceptance and settlements. Founded by experienced entrepreneurs from The Giving Block and Shift4, Cyclops addresses the challenges faced by payments firms in a fragmented ecosystem.

This startup is focused on discovering new scent molecules. It aims to innovate in the fragrance industry by identifying unique scents that can be used in various applications.

Jia is a Web3 fintech startup that operates multiple decentralized lending pools and facilitates cross-border settlements using stablecoins. The company aims to reduce the cost and time of remittances while expanding its features to include business bank accounts and cash flow management.

Kavi Media is a startup focused on the Telugu audio market, aiming to provide audio content tailored for Telugu-speaking audiences. The company plans to raise $150,000 to expand its offerings and tap into the growing demand for regional audio content.

benefitbay is a leading partner in Individual Coverage Health Reimbursement Arrangements (ICHRA), serving top brokerages and employers across the nation. The company focuses on simplifying healthcare decision-making for employees and enhancing operational efficiency for employers through direct banking and carrier integrations.

Ordermentum is a Sydney-based technology company that connects food wholesalers to over 45,000 restaurants and cafes across Australia. The platform allows suppliers to sell their products directly to pre-vetted businesses, enhancing operational efficiency in the hospitality sector. This week, Ordermentum secured a $55 million investment to develop new AI systems for better data utilization.

Texture is a grid software startup that provides utilities with a real-time view of everything happening on the grid. It targets utility cooperatives, helping them manage rising electricity demand from EVs and other sources without needing to replace existing infrastructure.

OpenAI is an artificial intelligence research organization that aims to ensure that artificial general intelligence benefits all of humanity. The company provides API credits to startups, allowing them to leverage AI technology for product development.