This website uses cookies

Read our Privacy policy and Terms of use for more information.

I consent to receive newsletters via email. Terms of use and Privacy policy.

Happy Monday! This free edition of The Funding Letter comes to you from our headquarters in New York City.

Heads up: This newsletter is redacted, and the full version was sent to paying members hours ago.

Members receive LinkedIn/Sales Nav links for prospecting, all open sales gig postings, and in depth data points to personalize outreach.

Want to see what you're missing?

🔓 Unlock the full TFL & our Datasets (stay ahead of the competition)
🤖 Ask TFL Analyst AI ("What companies in NYC raised funding last month?")
📉 Get the Bootstrap Report (Hidden profitable companies)

💥Weekly Recap Google Sheet💥 We compile all of the previous week’s funding announcements into an easily searchable dataset. Upgrade today to learn who raised funding last week.

Hit the Gong 🎉

Instagram post
Source: @sales_bant_er

Daily Deals 💸

🌎 Americas

Standard Intelligence develops an AI model that performs computer-based tasks through graphical interfaces, enabling enterprises and developers to interact with software applications and carry out tasks with lower resource usage.

New Funding Raised: $75M, Series A

Round Investors: Sequoia Capital (lead), Spark Capital (lead), Stanley Druckenmiller, Roon ‎‏‏‎ ‎

🚀Growth Focus: Support to develop efficient computer use models.

HQ: San Francisco, CA

Industry: Technology, Information, and Internet

Employee Count: 8

Fun’s decentralized multi-chain access control platform leverages new blockchain technology, allowing businesses to deliver to users increased trust and usability in their pursuit of further global economic freedom.

New Funding Raised: $72M, Series A

Round Investors: Multicoin Capital (lead), SignalFire (lead), Infinity Ventures, Cory Levy

🚀Growth Focus: Support continued engineering investment, expansion into Asia-Pacific with a new Singapore office, and selective acquisitions to deepen its infrastructure stack.

HQ: New York, NY

Industry: Software Development

Employee Count: 76

Belo develops a hybrid digital wallet that sends and receives payments internationally, enabling users to simplify cross-border transactions.

New Funding Raised: $14M, Series A

Round Investors: Tether (lead), Titan Fund, G2 Momentum Capital, Mindset Ventures

🚀Growth Focus: Expand into Mexico, Chile, Colombia, Peru, Bolivia, and Paraguay whilst deepening its presence in Brazil.

HQ: Buenos Aires, Argentina

Industry: Financial Services

Employee Count: 127

LumiCup develops eco-friendly, single-use aluminum cups that provide a sustainable alternative to plastic and reduce environmental impact, allowing consumers to switch to an environmentally conscious product and contribute to a cleaner, plastic-free environment.

New Funding Raised: $4.38M, Series A

Round Investors: D. Max Conway (lead), Mordun Capital

🚀Growth Focus: Accelerate product development and expand its manufacturing capacity.

HQ: Los Angeles, CA

Industry: Packaging and Containers Manufacturing

Employee Count: 12

pmtbox provides payment streamlining technology for reducing transaction costs and simplifying revenue operations, enabling businesses to simplify payments, keep more of their earnings, and transform payment operations into a more efficient and scalable growth driver.

New Funding Raised: $15M, Seed

Round Investors: Tandem Ventures (lead), Aaron Skonnard, Element Ventures, Cynosure Investment Partners

🚀Growth Focus: Expand its engineering, risk, and enterprise teams while accelerating go-to-market efforts across verticals where commerce complexity is highest.

HQ: Orem, UT

Industry: Technology, Information, and Internet

Employee Count: 16

Shapes develops a metaverse platform that helps users create characters of their choice, allowing users to build a metaverse of virtual characters.

New Funding Raised: $8M, Seed

Round Investors: Lightspeed Venture Partners (lead), Alpha Intelligence Capital, AI Grant, Bipul Sinha

🚀Growth Focus: Accelerate development and user acquisition.

HQ: San Francisco, CA

Industry: Technology, Information, and Internet

Employee Count: 12

Sapho Bio develops a rapid microbiology testing platform that accelerates pharmaceutical sterility assessment, enabling pharmaceutical manufacturers to reduce release timelines and improve operational efficiency.

New Funding Raised: $5M, Seed

Round Investors: Mochi Health (lead)

🚀Growth Focus: Accelerate its rapid testing platform, USP Validation achieved, reinforcing the 20-hour testing method, faster test results replace the standard 14-day USP sterility test.

HQ: San Carlos, CA

Industry: Biotechnology Research

Employee Count: 11

Dreambase operates an AI-based analytics software that helps organizations generate product insights directly from their operational databases, allowing startups and larger enterprises to obtain analytics from their operational data with reduced engineering effort and faster turnaround times for data-driven operations.

New Funding Raised: $3.7M, Seed

Round Investors: Felicis (lead), Scott Buxton, Anthony Wilson, Earl Grey Capital

🚀Growth Focus: Enhance its engineering team, product development, and enterprise market efforts.

HQ: Austin, TX

Industry: Technology, Information, and Internet

Employee Count: 8

🌍 EMEA

CMBlu Energy manufactures batteries for a fair and sustainable energy future across multiple sectors and markets worldwide, enabling electric mobility, renewable energy, and other industries to lead toward a green energy transition.

New Funding Raised: €50M, Series C

Round Investors: Samsung Ventures (lead), Strabag

🚀Growth Focus: Support manufacturing scale-up and accelerate early commercial deployments in Europe and the United States.

HQ: Alzenau, Germany

Industry: Utilities

Employee Count: 192

Bug Bounty Switzerland develops an AI-powered cyber resilience platform, allowing organizations to conduct continuous, scalable security testing and assessments.

New Funding Raised: CHF12M, Series A

Round Investors: Deutsche Beteiligungs (lead), Direttissima Growth Partners (lead)

🚀Growth Focus: Support international expansion, the transition from AI‑assisted to increasingly autonomous orchestration of security tests, and team growth.

HQ: Kloten, Switzerland

Industry: Computer and Network Security

Employee Count: 47

Tacalyx develops therapeutics that target cancer-specific carbohydrate antigens, enabling physicians to implement novel immunotherapies that trigger an anti-cancer response efficiently.

New Funding Raised: €11M, Seed

Round Investors: Boehringer Ingelheim Venture Fund, Kurma Partners, Creathor Ventures, Eurazeo

🚀Growth Focus: Advance its lead clinical candidate, TCX-201, through preclinical development and toward a clinical trial application filing in 2027.

HQ: Berlin, Germany

Industry: Biotechnology Research

Employee Count: 16

BioOrbit operates a pharmaceutical factory for large-scale crystallization of protein drugs in microgravity, allowing pharmaceutical companies and research institutions to develop more stable biologic drugs for easier administration and improved patient accessibility.

New Funding Raised: £9.8M, Seed

Round Investors: BREEGA (lead), LocalGlobe, 7percent Ventures, Type One Ventures

🚀Growth Focus: Accelerate its transition to industrial deployment, converting microgravity breakthroughs into contracted pharmaceutical programs.

HQ: London, England

Industry: Space Research and Technology

Employee Count: 18

Dex operates a talent-matching platform that helps professionals discover career opportunities through personalized conversations, enabling individuals to shape meaningful careers while connecting hiring managers with aligned candidates.

New Funding Raised: $5.3M, Seed

Round Investors: Notion Capital (lead), a16z speedrun, Concept Ventures

🚀Growth Focus: Accelerate its research and development in advanced AI matching and fuel its geographical expansion.

HQ: London, England

Industry: Technology, Information, and Internet

Employee Count: 27

Primogene develops bioactive nutritional components that support the dietary needs of vulnerable infants, allowing neonatal care providers to improve nutritional outcomes, reduce risk of complications, and support early-stage growth and development in premature and at-risk newborns.

New Funding Raised: €4.1M, Seed

Round Investors: HTGF (High-Tech Gruenderfonds) (lead), FS Life Science Investment, Sächsische Beteiligungsgesellschaft, better ventures

🚀Growth Focus: Expand its IP portfolio, strategic partnerships, and production capacities.

HQ: Leipzig, Germany

Industry: Biotechnology Research

Employee Count: 9

Online Oceans manufactures autonomous ocean robots that enable long-duration ocean data collection and subsea data harvesting through uncrewed surface vessels, enabling researchers, offshore energy operators, and defense agencies to continuously monitor ocean environments at a fraction of the cost of traditional crewed research vessels.

New Funding Raised: £4M, Seed

Round Investors: Seraphim Space (lead), Frank Thieser, Koro Capital Ltd, Peter Rive

🚀Growth Focus: Scale manufacturing, support deployments, and expand its ability to serve demand across defence and commercial markets.

HQ: Christchurch, England

Industry: Robotics Engineering

Employee Count: 10

Sales Gigs 🏆

📬 Questions? Feedback? Email us at [email protected]! We incorporate all user feedback into our product. Nothing is off-limits.