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Happy Friday! This free edition of The Funding Letter comes to you from our headquarters in New York City. Have a nice weekend!

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🌎 Americas

GeoWealth develops a turnkey asset management platform for registered investment advisors, enabling advisors and firms to grow faster and serve users efficiently with customizable investment strategies.

New Funding Raised: $42.5M, Series C

Round Investors: Goldman Sachs (lead)

🚀Growth Focus: Enhance its technology platform by improving model capabilities; invest in product development and client service to meet the demand for flexible investment solutions.

HQ: Chicago, IL

Industry: Financial Services

Employee Count: 141

Oasis Security operates a non-human identity management platform that provides visibility and risk assessment with auto-remediation, allowing users to address security challenges and fortify cybersecurity defenses within the organization.

New Funding Raised: $120M, Series B

Round Investors: Craft Ventures (lead), Cyberstarts, Accel, Sequoia Capital

🚀Growth Focus: Expand and deepen Research and Development behind the Oasis Agentic Access Management platform, also support expansion across AI agent frameworks and enterprise systems.

HQ: New York, NY

Industry: Computer and Network Security

Employee Count: 142

Allure Security Technology develops behavioral analytics software that secures devices from cyberattacks both inside and outside the enterprise, enabling enterprises to receive prioritized alerts in real-time and facilitating security professionals to verify suspicious and unusual activities.

New Funding Raised: $17M, Series B

Round Investors: Riverside Acceleration Capital (lead), Gutbrain Ventures, Curql, Glasswing Ventures

🚀Growth Focus: Expand its digital brand protection platform and scale its go-to-market efforts.

HQ: Watertown, CT

Industry: Computer and Network Security

Employee Count: 58

Hanover Park develops integrated fund administration and AI-driven portfolio management solutions, allowing investment teams to streamline operations, track KPIs, and enhance LP experience.

New Funding Raised: $27M, Series A

Round Investors: Emergence Capital (lead), Susa Ventures, Lux Capital

🚀Growth Focus: Expand its platform, grow its team, and bring AI-native fund administration to more of the world’s leading PE and VC firms.

HQ: New York, NY

Industry: Technology, Information, and Internet

Employee Count: 35

Talino operates a global venture studio intended to build sustainable innovation for the betterment of every community, enabling businesses to become successful and create successful businesses in the long run.

New Funding Raised: $7.5M, Series A

Round Investors: Chemonics (lead), Mt Sinai Capital, Gulf Blvd

🚀Growth Focus: Support to transition into a comprehensive fintech foundry.

HQ: Los Angeles, CA

Industry: Venture Capital and Private Equity Principals

Employee Count: 64

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Eragon develops an AI operating platform that unifies organizational data, tools, and workflows for enterprise decision-making, allowing large organizations to automate knowledge work and enhance the speed and quality of critical business decisions.

New Funding Raised: $12M, Seed

Round Investors: Long Journey Ventures (lead), Axiom Partners, Elias Torres, Soma Capital

🚀Growth Focus: Accelerate development of this full-stack AI OS for knowledge work automation.

HQ: San Francisco, CA

Industry: Technology, Information, and Internet

Employee Count: 6

Surf Therapeutics builds neuromodulatory technology for the treatment of autoimmune disorders, enabling patients to get healthy, balanced, and free from the constraints of pharmaceutical-dependent treatments.

New Funding Raised: $6M, Seed

Round Investors: TMC Venture Fund, Evoce Capital, General Inception, Elderberry Ventures

🚀Growth Focus: Advance Rheumatoid Arthritis clinical study, expand clinical evidence, and prepare for a future pivotal trial.

HQ: Austin, TX

Industry: Medical Equipment Manufacturing

Employee Count: 10

Flourish Care provides pregnancy care services that fill the gap in maternal healthcare and make wellness accessible to all moms, allowing parents to get improved access to wellness for moms from pregnancy through motherhood.

New Funding Raised: $5.7M, Seed

Round Investors: Zeal Capital Partners (lead), Create Health Ventures, Slater Technology Fund, Symphonic Capital

🚀Growth Focus: Expand its network of doulas, nonmedical professionals who guide women through pregnancy, providing physical and emotional support.

HQ: Boston, MA

Industry: Wellness and Fitness Services

Employee Count: 31

Steward develops an AI-powered compliance and onboarding platform that streamlines KYC, KYB, and AML processes for investment firms and financial institutions, enabling users to accelerate investor onboarding, reduce regulatory burdens, and transform compliance into a competitive advantage through speed, security, and user-friendly experiences.

New Funding Raised: $5M, Seed

Round Investors: Motive Partners (lead), Mushegh Tovmasyan, Cooley, Keith Grose

🚀Growth Focus: Fuel its mission to streamline the increasingly complex world of investor onboarding and regulatory compliance.

HQ: New York, NY

Industry: Software Development

Employee Count: 13

V-Glass manufactures vacuum-insulated glass for residential and commercial window markets, allowing users to conserve energy resources, reduce GHG emissions, and accelerate the transition to net-zero buildings.

New Funding Raised: $3M, Seed

Round Investors: Grantham Foundation (lead), Neglected Climate Opportunities (lead)

🚀Growth Focus: Enhance the development of its novel automation/manufacturing technology and accelerate its expansion into a pilot plant.

HQ: Waukesha, WI

Industry: Wholesale Building Materials

Employee Count: 6

🌍 EMEA

Cocoon develops a sustainable technology that manages industrial waste through carbon capture, enabling businesses to mineralize waste on or near the site, with minimal disruption and no capex, and produce less waste.

New Funding Raised: $15M, Series A

Round Investors: 2150 (lead), Brick & Mortar Ventures (lead), SOSV, Wireframe Ventures

🚀Growth Focus: Support the deployment of its first commercial demonstration facility in the United States.

HQ: London, England

Industry: Environmental Services

Employee Count: 15

Kupando’s biotechnology platform stimulates innate immunity to address unmet needs in cancer and infectious diseases, allowing patients with oncology and infectious disease conditions to have improved access to novel immune-activating treatments.

New Funding Raised: €10M, Series A

Round Investors: LifeCare Partners (lead), Remiges Ventures (lead), Brandenburg Kapital, HTGF (High-Tech Gruenderfonds)

🚀Growth Focus: Support the Phase 1b clinical study of Kupando’s lead candidate, KUP101, in advanced solid tumors and accelerate its preclinical programs in infectious diseases.

HQ: Schönefeld, Germany

Industry: Biotechnology Research

Employee Count: 12

VerbaFlo develops a conversational AI platform that improves real estate communication and operational efficiency through automated, intelligent interactions, enabling users to respond to customers, improve lead conversion, and reduce operational workload.

New Funding Raised: $7M, Seed

Round Investors: Pi Labs (lead), Navigate Ventures, Old College Capital, Haatch

🚀Growth Focus: Fuel its mission to automate and streamline communication for property owners and operators globally.

HQ: London, England

Industry: Technology, Information, and Internet

Employee Count: 63

Level Nine operates catalysts that offer industrial biomanufacturing, allowing businesses to achieve enhanced stability and activity over many production cycles.

New Funding Raised: €4M, Seed

Round Investors: Visionaries Tomorrow (lead), IBB Ventures, Rockstart, better ventures

🚀Growth Focus: Advance its catalyst platform and support the development of industrial-scale systems, including a planned kilotonne-scale first-of-a-kind demonstration plant.

HQ: Berlin, Germany

Industry: Chemical Manufacturing

Employee Count: 15

sequestra develops a carbon sequestration technology that reduces global carbon emissions, enabling industrial companies to turn environmental liabilities into economic assets while combating climate change.

New Funding Raised: €3M, Seed

Round Investors: VSE Beteiligungs (lead)

🚀Growth Focus: Accelerate the industrial scale-up of its CO2 mineralization technology.

HQ: Vienna, Austria

Industry: Climate Technology

Employee Count: 14

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