Every week we highlight new funding successes from companies bringing about change in their industries. We amplify the voice of companies delivering on tech innovation whilst also utilizing remote work, or being clear on the importance of D&I to their brand. All ingredients that talent.ai focuses on when selecting the best of the last 7 days.
We see these journeys as an inspiration, offering insights to other founders, startups and innovators looking to evolve their stories into something extraordinary. We know the hard work behind these accomplishments and always seek to recognise and applaud those involved from leadership and founders and their entire teams.
Congratulations to all the founders and teams!
Seed
Azra Games
CEO & Founder – Mark Otero
CTO – Travis Boudreaux
Azra games is a blockchain-based game developer for core gamers. The company creates collectable role-playing games and combat games. The use of blockchain enables players to create, play, trade NFTs and collect in a different way than traditional gaming.
Sacramento-based Azra Games was founded just last year and has already found success with its most popular title Legions & Legends. The company just secured an additional $10 Million seed investment led by A16z Crypto last week bringing its total funding to $25 Million.
Azra Games CEO Mark Otero was also behind another incredibly successful title Star Wars: Galaxy of Heroes which has earned over $ 1 billion to date, and fully believes in what blockchain and NFTs bring to the gaming world. News funding will be used to continue the development of NFT titles and games. Game on!
Series A
Metomic
CEO & Co-Founder – Rich Vibert
CTO & Co-Founder – Ben van Enckevort
Metomic is a data security provider preventing employees from sharing sensitive information while using SaaS. the company is giving its users more control and safety over their data when crossing into different digital work environments.
Employees having to switch between SaaS applications like Slack, Jira, Monday and others, has increased security risks, Metomic is a response to those dangers. The company closed on a sizeable $20 million series A investment last week, which it will use to expand business in the US and further development and research.
Metomic has more than half its clients in the US and plans to quadruple its working force in the next year to meet demand and growth expectations. Metomic’s place in the startup-to-watch list is pretty secure!
Source.ag
CEO & Co-Founder – Rien Kamman
CPO & Co-Founder – Ernst van Bruggen
Source.ag is an agritech developer that uses Artificial Intelligence to power greenhouses with better, and more sustainable, agricultural practices. The company uses its own algorithms to determine plant behaviour and the most effective way to grow and scale production. As
Amsterdam-based Source.ag allows farmers to produce with fewer resources and risks. The company closed a substantial Series A investment of $23 Million led by Astanor Ventures. The funds will spear the new stage of growth for the Dutch company, and the development of more AI support for different farming methods and crops.
Source.ag will also be launching two new products in 2023, Source Cultivate and Source Control, which will join its first and most successful product Source Track. A green future ahead for Source.ag!
Electra Vehicles
CEO & Co-Founder – Fabrizio Martini
Electra Vehicles develops, produces and provides AI software solutions that improve battery use, life and charging for electric vehicles and battery-powered industries. The company’s products are cloud-enabled and can be a great asset for electric fleet control and battery management.
Boston-based Electra Vehicles secured a $21 Million investment from United Ventures last week that it will use to further its AI battery technology. As electric vehicles become more and more popular battery range and performance are one of the most important aspects for both users and producers.
Electra Vehicles plans to expand to new markets, it just opened a facility in Turin, Italy to expand in the European market and also expects to double its headcount this year. Other industries may be suffering a downturn but EV is certainly energized!
Series B
Vitally
CEO & Co-Founder – Jamie Davidson
CTO & Co-Founder – Patrick Vatterott
Vitally is a platform that helps companies provide excellent customer experience and eliminate churn. The platform can host all customer data and provide teams with a complete picture of their performance and needs.
New York-based Vitally secured a $30 Million Series B investment led by Next47, with participation from HubSpot Ventures and NewView Capital last week. The company will use new funds to expans its platform features and functionality.
Vitally hopes to tackle issues overlooked in the customer success industry and change the way teams in this area work. Customer satisfaction is a key ingredient to success so a tool like Vitally has a huge market to go conquer!