New York-based cyber security startup Astrix Security raises USD 25 million in Series A funding

NEW YORK, 28 June 2023 - With involvement from current investors Bessemer Venture Partners and F2 Venture Capital, Astrix Security has raised USD 25 million in Series A funding, the enterprise's trusted solution for protecting non-human identities. Thanks to this latest investment, Astrix now has over USD 40 million in funding overall. The enterprise's connectivity to third-party applications is expanding...

Kansas-based cybersecurity startup Invary raises USD 1.85 million in Pre-seed funding

 LAWRENCE, Kan., June 28, 2023 -- Invary, a pioneer in cybersecurity who focuses on stopping costly ransomware assaults and identifying hidden malware, has acquired pre-seed money to introduce its ground-breaking solution. Flyover Capital was the investment's primary sponsor, with support from the KU Innovation Park, NetWork Kansas GROWKS Equity program, and Flyover Capital. The debut of Invary's flagship Runtime Integrity...

California-based mobility startup NoTraffic raises USD 50 million in Series B funding

Maruti Suzuki India Ltd. and IIM Bangalore partner up to nurture 26 mobility startups

California and Tel Aviv, Israel, June 27, 2023 -- NoTraffic, the top mobility platform, announced that a USD 50 million Series B funding, led by M&G Investments with participation from VNV Global and UMC Capital, as well as current investors Grove Ventures, Vektor Partners, Next Gear Ventures, North First Ventures, Meitav Investment House, Alchimia Investments, and TMG, had been...

New York-based cyber insurance startup 1Fort raises USD 2 million in pre-seed round

NEW YORK, June 27, 2023 -- One of the top platforms for automating cyber insurance, 1Fort, has announced the successful conclusion of a USD 2 million pre-seed investment round. Village Global, 8-Bit Capital, Operator Partners, Character, Company Ventures, BrokerTech Ventures, and other venture firms and angel investors, were among the major investors. As a measure to reduce loss ratios due...

France-based Astraveus raises EUR 16.5 Million in Seed funding

Paris, France-based creator of modular, microfluidic cell foundries that transform cell and gene therapy (CGT) manufacturing, Astraveus, raised EUR 16.5 million in series seed funding. The round took place on June 27, 2023. AdBio partners, co-syndicated with M Ventures, Johnson & Johnson Innovation – JJDC Inc., and Bpifrance Large Venture, led the financing for the funding. As a part of...

Slovakia-based SuperScale raises USD 5.4 million in Series A

Bratislava, Slovakia-based revenue growth engine for the games industry, SuperScale, raised USD 5.4 million in Series A funding. The round took place on June 27, 2023. Venture to Future Fund led the financing for the company. Meanwhile, Across Private Investments and Zero One Hundred joined in the Series A funding. Purpose of financing for SuperScale  With the latest funding, SuperScale has...

Innovate UK awards equity funding to Infleqtion

Colorado, USA-based, the world's quantum information company, Infleqtion, received equity funding from Innovate UK. The company announced the award on June 26, 2023. However, it did not disclose the amount of the funding received. Purpose of funding for Infleqtion  With the latest financing, Infleqtion seeks to expand its manufacturing capabilities for quantum-enabled systems. The funding further supports the development of a...

Singapore-based Utu raises USD 33 million in Series B

Singapore-based travel tech company helping flyers get more out of their tax-free shopping, Utu raised USD 33 million in Series B funding. The round took place on June 26, 2023. SC Ventures led the financing for the company.  In addition, the company announced the acquisition of a Singapore-based fintech that offers deals and promotions nearby to users, CardsPal. Purpose of funding...

Escala Medical Receives EUR 5.5 Million in EIC Funding to Transform Treatment for Pelvic Organ Prolapse

Medtech

Israel's MISGAV, June 26, 2023, Escala Medical Ltd. is pleased to announce that the European Innovation Council has chosen it to receive a grant and equity investment totaling EUR 5.5 million. Escala is leading the revolution in pelvic organ prolapse (POP) treatment. With the help of Escala Medical's ground-breaking gadget, women with pelvic organ prolapse—a standard and crippling ailment affecting...

Vertex Ventures Healthcare Announces USD 200 Million Fund III to Promote Healthcare Innovation

MedTech

BOSTON & SAN FRANCISCO --The USD 200 million third and largest fund of Vertex Ventures HC (VVHC), a women-led global healthcare investment organization, has just begun operations. Fund III will assist and empower ground-breaking life sciences and medical technology firms to foster innovation and enhance patient outcomes. According to Lori Hu, Managing Director, San Francisco, "As technology continues to reshape...