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

Hit the Gong 🎉

Daily Deals 💸

🌎 Americas

Premier Lacrosse League operates a lacrosse tournament that brings the sport to a national stage through a tour-based model, enabling lacrosse fans to enjoy the sport as a mode of entertainment.

New Funding Raised: $100M, Series E

Round Investors: Ares Management (lead), Joseph Tsai (lead), ESPN, Next 3

🚀Growth Focus: Expand media distribution and original storytelling, growing sponsorship and commercial partnerships, and broadening access to youth lacrosse to make the game more affordable and available.

HQ: New York, NY

Industry: Spectator Sports

Employee Count: 494

Flare Therapeutics develops a health-tech platform that offers small-molecule precision medicine for cancer patients, allowing medical professionals to change the trajectory of how to treat diseases.

New Funding Raised: $85M, Series C

Round Investors: Nextech Invest (lead), Third Rock Ventures (lead), Eli Lilly, Eventide

🚀Growth Focus: Advance its lead prostate cancer program into clinical development.

HQ: Cambridge, MA

Industry: Biotechnology Research

Employee Count: 64

Dominion Dynamics develops an autonomy stack for extreme Arctic operations, enabling defense forces and infrastructure operators to maintain persistent awareness and decision advantage in remote, infrastructure-constrained environments.

New Funding Raised: CA$139M, Series A

Round Investors: Georgian (lead), British Columbia Investment Management Corporation, Deloitte Ventures Canada, OMERS Ventures

🚀Growth Focus: Accelerate the technical deployment of its software, fund its “Scout” autonomous collaborative platform, expand its multi-regional engineering workforce to over 100 employees, and ramp up its production footprint.

HQ: Ottawa, Canada

Industry: Defense and Space Manufacturing

Employee Count: 45

Jota operates an AI platform that automates finance and operations for entrepreneurs to boost profits and save time, allowing microbusinesses to streamline payments, enhance productivity, and manage their finances more efficiently, particularly in underserved markets.

New Funding Raised: $30M, Series A

Round Investors: Haun Ventures (lead), Greyhound Capital, HOF Capital, Alter Global

🚀Growth Focus: Expand its integrated credit offerings, scale customer acquisition through a specialized “reverse trial” model, and accelerate the technical deployment of its proactive financial assistant framework.

HQ: São Paulo, Brazil

Industry: Financial Services

Employee Count: 37

Taxwire develops software sales tax compliance platforms that automate the calculation, filing, and monitoring of indirect tax obligations across jurisdictions, enabling finance teams and enterprises to access systems for managing sales tax obligations across billing, commerce, and accounting workflows.

New Funding Raised: $25M, Series A

Round Investors: Headline (lead), XYZ Venture Capital (lead), Recall Capital, Vinyl Capital

🚀Growth Focus: Scale its fully managed tax infrastructure, expand its automated geocoding capabilities across global tax systems, and invest in strategic data engineering talent.

HQ: New York, NY

Industry: Financial Services

Employee Count: 22

The Premier Jumping League operates a professional showjumping league, allowing elite riders and teams to compete in global equestrian events through a team-based competition format with large prize pools and international venues.

New Funding Raised: $50M, Seed

Round Investors: Jason McCarthy (lead)

🚀Growth Focus: Expand operations and its development efforts.

HQ: New York, NY

Industry: Spectator Sports

Employee Count: 21

Baz develops software development assistance tools for code evaluation and review purposes, enabling engineering teams and software organizations to improve review accuracy, identify potential issues earlier, maintain consistent standards, and streamline collaboration within development pipelines.

New Funding Raised: $9M, Seed

Round Investors: Battery Ventures (lead), boldstart ventures (lead), Disruptive Technologies Venture Capital, AFG Partners

🚀Growth Focus: Support its ongoing core research across autonomous coding agents, expand its software engineering capabilities, and accelerate product distribution for its automated development tools.

HQ: Boston, MA

Industry: Software Development

Employee Count: 32

Askari Defense’s counter-drone platform offers intelligent kinetic defense for the age of robotic warfare, allowing defense, public safety, and critical infrastructure operators to protect restricted airspace and assets.

New Funding Raised: $9M, Seed

Round Investors: Builders VC (lead), Aeon Homes Llc, Beyond Capital, Umbra

🚀Growth Focus: Scale production of its hand-launched drone interceptors.

HQ: Atlanta, GA

Industry: Defense and Space Manufacturing

Employee Count: 13

Build develops an AI-powered development automation platform that accelerates and streamlines commercial real estate project workflows, enabling institutional real estate professionals to execute projects more efficiently and at greater scale.

New Funding Raised: $8.5M, Seed

Round Investors: Index Ventures (lead), Sarah Friar, Tiny Supercomputer Investment Company, Pebblebed

🚀Growth Focus: Expand its core engineering and infrastructure teams, accelerate deep R&D, and solidify its commercial operations across North America and Europe.

HQ: San Francisco, CA

Industry: Software Development

Employee Count: 15

🌍 EMEA

Eye Security operates as a cybersecurity company that protects every small and medium-sized enterprise from cyber threats, allowing users to get an affordable all-in-one service that safeguards them against threats targeted at their industry.

New Funding Raised: €60M, Series C

Round Investors: Sofina (lead), TIN Capital, J.P. Morgan Growth Equity Partners, Bessemer Venture Partners

🚀Growth Focus: Expand into additional European markets, broadening the company’s product offering through strategic partnerships, developing AI tools that support its human analysts, and growing its workforce across engineering, threat intelligence, and customer-facing teams.

HQ: The Hague, Netherlands

Industry: Computer and Network Security

Employee Count: 271

BR-DGE develops a payment orchestration platform that unlocks the potential for online payments, enabling users to optimize payment architecture.

New Funding Raised: £10M, Series B

Round Investors: Bettor Capital (lead)

🚀Growth Focus: Accelerate its international growth strategy, enhance its core platform capabilities, strengthen localized go-to-market activity, and finance significant new market and product launches scheduled for the second half of 2026.

HQ: Edinburgh, Scotland

Industry: Financial Services

Employee Count: 96

1001 AI develops an AI-powered operational intelligence platform that helps enterprises automate, optimise, and scale complex decisions to drive performance, accelerate growth, and mitigate risk, allowing users to optimise efficiency, enhance decision quality, deliver measurable ROI, accelerate growth, and minimise disruptions across complex systems such as construction, ports, and energy grids.

New Funding Raised: $30M, Series A

Round Investors: Lux Capital (lead), Daniel Garber, 9Yards Capital, General Catalyst

🚀Growth Focus: Expand its engineering workforce, recruit technical talent from premier global institutions, and strengthen its commercial sales and go-to-market operations across key GCC markets.

HQ: London, England

Industry: Technology, Information and Internet

Employee Count: 12

Hypefy operates an influencer marketing platform that launches marketing campaigns automatically, enabling brands, marketing teams, agencies, and small businesses to manage influencer collaborations with reduced manual effort and improved campaign oversight.

New Funding Raised: $7.2M, Series A

Round Investors: AYMO Ventures (lead), Interactive Venture Partners, Euroventures, Oktogon Ventures

🚀Growth Focus: Support product development, international expansion, and team growth across Europe, the US, and other markets.

HQ: Zagreb, Croatia

Industry: Marketing Services

Employee Count: 44

Digiclean Solutions develops sensor technology monitors that optimize the usage of process fluids for industrial manufacturing processes, allowing chemical suppliers to focus on results rather than price/kg, reduced costs, minimized exposure to chemicals, reduced environmental impact, and improved credibility.

New Funding Raised: €2.5M, Seed

Round Investors: Almi Invest GreenTech (lead), Unconventional Ventures (lead), S-E-Bankens Utvecklingsstiftelse, Impact Shakers

🚀Growth Focus: Support product development and commercial expansion across Sweden and key European industrial markets.

HQ: Borås, Sweden

Industry: Wholesale Chemical and Allied Products

Employee Count: 9

Saltroad develops an online speech therapist consultation platform that schedules appointments with speech therapists, enabling therapists to access a steady stream of patients and remove much of the administrative tasks of running a practice.

New Funding Raised: £1.5M, Seed

Round Investors: Techstart Ventures (lead), Ascension, ScaleX Investments

🚀Growth Focus: Support its expansion of its AI-enabled workforce model across the UK.

HQ: Belfast, Northern Ireland

Industry: Physical, Occupational and Speech Therapists

Employee Count: 33

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