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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 🎉

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Source: @overheard_sales

Daily Deals 💸

🌎 Americas

Claros Technologies operates an advanced material technology that produces sustainable materials for a circular economy, enabling industries and stakeholders to provide a sustainable way to make products and build wealth.

New Funding Raised: $55M, Series B

Round Investors: Treehouse Family Capital (lead), Nord Asset Management, Veralto, Saint Paul & Minnesota Foundations

🚀Growth Focus: Accelerate the global commercialization of its proprietary UV PFAS Destruction System, expand its labs, strengthen manufacturing and operations, and support demand from industrial manufacturers, remediation firms, utilities, and government agencies.

HQ: Minneapolis, MN

Industry: Air, Water, and Waste Program Management

Employee Count: 50

Epitel develops a brain health monitoring device that detects abnormal brain activities accurately, allowing physicians, caregivers, and patients suffering from neurological disorders to access brain health insights to improve the quality of life and care.

New Funding Raised: $26M, Series B

Round Investors: Catalyst Health Ventures (lead), Genoa Ventures

🚀Growth Focus: Expand its commercial infrastructure by scaling its sales, marketing, and user experience teams, streamlining distribution and deployment models for provider adoption, and accelerating ambulatory market access growth.

HQ: Salt Lake City, UT

Industry: Medical Equipment Manufacturing

Employee Count: 59

COR develops AI-powered management software that tracks time automatically by giving real-time visibility on profits and delays, enabling firms to predict profitability, reduce work overload, and promote client engagements.

New Funding Raised: $30M, Series A

Round Investors: FTV Capital (lead), BDev Ventures

🚀Growth Focus: Support to consolidate its position, expand its reach into adjacent verticals, and support its international expansion.

HQ: San Francisco, CA

Industry: Technology, Information and Internet

Employee Count: 308

Flourish Health operates an in-home behavioral health treatment platform that supports families, teens, and young adults with high-acuity mental health conditions, allowing individuals and families to achieve stability, receive specialized support, and access mental health treatment.

New Funding Raised: $26M, Series A

Round Investors: B Capital (lead), Cherryrock Capital (lead), F-Prime (lead)

🚀Growth Focus: Expand its localized clinical care teams, scale its specialized multidisciplinary pediatric networks, and broaden its commercial insurance and Medicaid reimbursement partnerships across new geographic markets.

HQ: Durham, NC

Industry: Mental Health Care

Employee Count: 90

Throne develops a health monitoring device that monitors well-being from excretion waste, enabling users with round-the-clock monitoring and valuable but infrequent information about their body.

New Funding Raised: $10M, Series A

Round Investors: Will Ventures (lead), Accomplice, Workshop Venture Partners, Moxxie Ventures

🚀Growth Focus: Expand its team and advance research and development for its smart toilet sensor, which tracks digestive health, hydration, and urinary patterns.

HQ: Austin, TX

Industry: Technology, Information and Internet

Employee Count: 25

Enigma develops a data intelligence platform, allowing businesses to access, analyze, and utilize trusted data for enhanced decision-making and operational insights.

New Funding Raised: $71M, Seed

Round Investors: Index Ventures (lead), Ribbit Capital (lead), Conviction

🚀Growth Focus: Expand its research, engineering, computing infrastructure, and real-world robotics deployments.

HQ: San Francisco, CA

Industry: Technology, Information and Internet

Employee Count: 50 

Fish Audio develops an AI-based audio generation and voice synthesis platform that supports content creation workflows, enabling content creators, developers, and media teams to produce synthetic audio assets for digital applications and interactive media.

New Funding Raised: $50M, Seed

Round Investors: Capital Today (lead), Coreline Ventures (lead), Parable VC, Carya Venture Partners

🚀Growth Focus: Build AI voice models for creators and enterprises.

HQ: Mountain View, CA

Industry: Technology, Information and Media

Employee Count: 41

Harmony develops enterprise service management software that automates IT operations, allowing enterprises to automate internal service requests and reduce response times for routine administrative tasks.

New Funding Raised: $34M, Seed

Round Investors: Lightspeed Venture Partners (lead), Operator Partners, Assaf Rappaport, Hitachi Ventures

🚀Growth Focus: Expand its AI platform that automates employee support across IT, human resources, finance, procurement, legal, and other enterprise functions, positioning it to capitalize on growing demand for AI-powered workplace productivity tools.

HQ: New York, NY

Industry: Software Development

Employee Count: 68

Way Security’s cybersecurity platform solves identity management challenges, enabling enterprise security and IAM teams to achieve complete policy enforcement across every application and identity in scope, eliminating manual workarounds, customization overhead, and enforcement gaps that leave organizations exposed.

New Funding Raised: $20M, Seed

Round Investors: Glilot Capital Partners (lead), Insight Partners (lead)

🚀Growth Focus: Accelerate its commercial product engineering and expand its go-to-market footprint across the United States enterprise security market.

HQ: San Francisco, CA

Industry: Computer and Network Security

Employee Count: 50 

Aurenar manufactures neuromodulation devices that treat inflammatory conditions in intensive care patients, allowing healthcare providers to manage complications and improve patient outcomes.

New Funding Raised: $5.7M, Seed

Round Investors: American Heart Association Ventures (lead), Solas BioVentures (lead), Kaleida Capital, BJC HealthCare

🚀Growth Focus: Support for continued advancement toward pivotal trials, including final device development, verification and validation testing, and regulatory submissions to the U.S. FDA.

HQ: St Louis, MO

Industry: Medical Equipment Manufacturing

Employee Count: 10

🌍 EMEA

Dwelly operates a digital-first residential letting agency that streamlines the rental process for tenants and landlords, enabling tenants and landlords to leverage expertise and network to find their ideal tenant or residence.

New Funding Raised: $95M, Series B

Round Investors: EQT Growth (lead), Philipp Freise, s16vc, Victor Riparbelli

🚀Growth Focus: Support acquisitions, AI development, and expansion into European markets.

HQ: London, England

Industry: Software Development

Employee Count: 75

Greyparrot develops an AI-powered waste analytics platform that enhances recycling efficiency and supports circular economy initiatives, allowing recycling facilities and packaging producers to optimize resource recovery and reduce environmental impact.

New Funding Raised: $27M, Series B

Round Investors: Omar Mir (lead)

🚀Growth Focus: Expand its Analyzer network and scale its dataset and platform to abate over 1 million tons of waste by 2030.

HQ: London, England

Industry: Software Development

Employee Count: 63

Tiger Technology develops a storage cloud technology and data management software platform for seamless hybrid data management for B2B enterprises, enabling industries where data security and infrastructure modernization are critical to streamline workflows without compromising on mission-critical tasks.

New Funding Raised: $10M, Series A

Round Investors: 3TS Capital Partners (lead), Endeavor Catalyst, TDJ, MFG Invest

🚀Growth Focus: Accelerate its global expansion and advance its hybrid cloud data platform.

HQ: Sofia, Bulgaria

Industry: Software Development

Employee Count: 88 

Zuriq develops quantum computer technology that solves computational challenges, allowing users to move and connect trapped-ion qubits with freedom.

New Funding Raised: $25.5M, Seed

Round Investors: Quantonation (lead), FORWARD.one, Firgun Ventures, Extantia Capital

🚀Growth Focus: Scale its trapped-ion quantum processors and advance a two-dimensional architecture designed to support significantly more qubits on a single chip.

HQ: Zurich, Switzerland

Industry: Computer Hardware Manufacturing

Employee Count: 15

Beelzebub’s AI-native cybersecurity platform continuously validates defenses, deceives intruders, and extracts actionable threat intelligence, enabling security operations center teams to detect lateral movement with zero false positives, automate threat containment, and reduce mean time to respond.

New Funding Raised: €3M, Seed

Round Investors: United Ventures (lead)

🚀Growth Focus: Expand its AI-native cybersecurity platform, grow its research and commercial teams, and accelerate customer adoption across Europe while advancing technology designed to defend against AI-driven cyber threats.

HQ: Milan, Italy

Industry: Computer and Network Security

Employee Count: 13

Sales Gigs 🏆

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