• M2P Fintech, an Indian provider API infrastructure to banks, raised $100m in Series C primary and secondary funding led by Helios Investment Partners with participation from Bank Muscat. axios.link/3TC7BXa • Torq, a Portland, Ore.-based no-code automation platform for security teams, raised $70m in Series C funding led by Evolution Equity Partners. Other backers include Bessemer Venture Partners, Notable Capital, Greenfield Partners, and Strait Capital. axios.link/3XSEphb 🚑 Route 92 Medical, a San Mateo, Calif., maker of medical devices for neurovascular interventions, raised $50m in Series F extension funding. Novo Holdings was joined by insiders U.S. Venture Partners, Norwest Venture Partners, InnovaHealth Partners, and The Vertical Group. route92medical.com ⚡ Dandelion Energy, a Mt. Kisco, N.Y.-based geothermal energy startup, raised $40m in Series C funding, per Axios Pro. GV led, and was joined by Collaborative Fund, Breakthrough Energy Ventures, NGP, and Lennar. axios.link/4gABdOq • Pyka, an Oakland developer of autonomous electric planes, raised $40m in Series B funding. Obvious Ventures led, and was joined by Piva Capital, Prelude Ventures, Metaplanet Holdings, and YC. axios.link/3TFIoLD • VELA, a French developer of wind-powered cargo ships, raised €40m co-led by Crédit Mutuel Impact, 11th Hour Racing, and BPI. vela-transport.com • Drift Protocol, a Solana exchange operator, raised $25m in Series B funding led by Multicoin Capital. axios.link/3MYpHPv • Arcade, a generative AI marketplace, disclosed $17m in total funding from backers like Reid Hoffman, Offline Ventures, Sound Ventures, Karlie Kloss, Colin Kaepernick, founder of Lumi, and Christy Turlington Burns. arcade.ai 🚑 Bio-Sourcing, a Belgian platform for developing monoclonal antibodies, raised €10m from the EIC Accelerator. axios.link/4gMsKbg • CarePay, a Dutch health insurance platform, raised €10m from firms like Reinsurance Group of America. axios.link/3TAeA2X 🚑 Letta, a startup focused on building "AI with memory," raised $10m in seed funding. Felicis led, and was joined by Sunflower Capital and Essence VC. axios.link/3zqm5CJ • Icon, a provider of employee retirement plan solutions, raised $9.2m in seed funding led by TTV Capital, per Axios Pro. axios.link/3MYb2E4 • Mesa, a mortgage fintech, raised $9.2m in seed funding. Streamlined Ventures led, and was joined by Starting Line, Assurant Ventures, and Vera Equity. axios.link/4gCSre1 ⚡ Ayrton Energy, a Canadian developer of developer of liquid organic hydrogen carrier tech, raised US$6.8m in seed funding. Clean Energy Ventures led, and was joined by BDC Capital, Antares Ventures, EPS Ventures, SOSV, the51, and UCeed Investment Funds. ayrtonenergy.com • Darkbright Studios, maker of a life sim RPG game, raised $6m in seed funding led by Bitkraft Ventures. axios.link/4djE4sa • GenLogs, an Arlington, Va., developer of freight-tracking tech, raised $6m in seed funding. Autotech Ventures and Steel Atlas co-led, and were joined by Venture53, TitletownTech, Plug and Play Ventures, BBQ Capital, ASC Ventures, and JHH Ventures. genlogs.io • Reframe, a New York-based digital collaboration startup, raised $5m in seed funding. Primary Venture Partners and Eniac Ventures co-led, and were joined by Founder Collective and Operator Partners. axios.link/4gyOd7m • Daily Crunch, a Nashville-based snack brand, raised $4m in Series A funding led by VC Launch Tennessee. axios.link/3XttKIo • Pergamin, a Polish contract management automation startup, raised $3m from OnDean Forward. axios.link/3Br3xmf ⚡ Cariqa, a Berlin-based EV charging marketplace, raised €1m from Anthemis, Vento Ventures, Hatcher+, Techstars, Golden Egg Check, and Plug and Play. cariqa.com |
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