Axion Ray, a San Francisco startup that says it uses AI to analyze unstructured manufacturing data and flag engineering issues, raised a $7.5 million seed round co-led by Amplo and Inspired Capital, with Boeing and Tinicum Venture Partners also contributing. More here.
CommandK, a San Francisco startup that offers a dedicated platform to manage enterprise security without requiring advanced security skills, raised a $3 million seed round led by Lightspeed Venture Partners and including AllIn Capital. TechCrunch has more here.
Funga, a two-year-old Austin startup that aims to restore below-ground fungal communities in order to accelerate plant growth and carbon capture, raised a $4 million round led by Azolla Ventures, with Trailhead Capital, Better Ventures, and Shared Future Fund also pitching in. TechCrunch has more here.
Hippo Video, a seven-year-old startup based in Newark, De., that
claims it uses generative AI to create hyper-personalized, interactive sales videos, raised an $8 million in round led by Dallas Venture Capital and including Alpha Wave Incubation, KAE Capital, and Exfinity Venture Partners. The company has raised a total of $14 million. More here.
Kern AI, a three-year-old German startup that is building a natural language processing model to help developers and data scientists easily label training data, raised a $2.9 million seed round co-led by Seedcamp and Faber, with Xdeck and Another.vc also taking part. TechCrunch has more here.
Ledge, a Tel Aviv startup that says it provides finance teams with the treasury management capabilities they need to make strategic decisions about their companies' capital, raised a $9 million seed round. New Enterprise Associates, Vertex Ventures, FJ Labs, and previous investor Picus Capital co-led the deal. More here.
MemQ, a Chicago startup that is developing quantum memory to capture and store quantum states, raised a $2 million round from Quantonation, Exposition Ventures, and the George Schultz Innovation Fund. HPC Wire has more here.
Morphoceuticals, a three-year-old Boston startup that aims to use AI-guided electroceuticals to regenerate limbs, repair tissues, and regenerate organs, raised a $8 million "seed-2" round co-led by Prime Movers Lab and previous investor Juvenescence. More here.
Nanite, a Boston startup that is developing programmable polymer nanoparticles for a range of modalities and indications, raised a $6 million round led by Zetta Ventures, with Arkitekt Ventures also pitching in. More here.
Procyon, a two-year-old startup based in Santa Clara, Ca., that provides secure access management for multi-cloud enterprise infrastructure, raised a $6.5 million in round led by Lobby Capital; additional investors included GTM Capital and First Rays Venture Partners. SiliconANGLE has more here.
Pydantic, a five-year-old, popular Python library and open source data-validation framework used by some of the world’s biggest companies, has formed a London-based commercial entity that just raised $4.7 million in seed funding led by Sequoia Capital. Other backers in the round include ParTech, Irregular Expressions and a host of angel investors, including Zapier co-founder Bryan Helmig, dbt Labs founder Tristan Handy and Sentry co-founder David Cramer. TechCrunch has more here.
QiO Technologies, an eight-year-old UK startup whose software helps its industrial customers increase their energy efficiency, raised a $10 million Series B round led by Wave Equity Partners. The company has raised a total of $27.2 million. More here.
SendOwl, a 2.5-year-old, San Francisco-based startup that provides the infrastructure to transfer, manage, protect and collect payment for digital products (its founder was a previously the head of growth at Stripe), has raised $9 million in seed funding led by TheGP, with participation from returning investors defy.vc and Alumni Ventures, and new backer Authentic Ventures. Business Insider has more here.
Telltale, an 18-year-old company based in San Rafael, Ca., that creates narrative-based video games like The Wolf Among Us 2 and The Expanse, raised an $8 million Series A round led by Hiro Capital and joined by Skybound Entertainment. The company has raised a total of $62.4 million. VentureBeat has more here.
Thatch, a five-year-old San Francisco startup that aims to simplify health benefits for startups and their employees, raised a $5.6 million seed round co-led by Andreessen Horowitz and GV, with additional participation from Lux Capital, Quiet Capital, Not Boring Capital, and BrightEdge. TechCrunch has more here.
Viva, an eight-year-old startup that deploys sensors in order to monitor traffic for municipalities such as New York City, raised an $8.5 million round. Investors included EnBW New Ventures, Foresight Group, and Gresham House Ventures. TechCrunch has more here.