This week's investment rounds highlight a few industries escaping global downturn and points towards positive signs for innovations
Tech & VC News
Funding rounds we admired in the last 7 days
We see these journeys as an inspiration, offering insights to other founders, startups and innovators.
Mary Superlano

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 focus on when selecting the best investment round 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 

Wisor 

CEO & Founder – Raz Ronen

CTO & Co-Founder – Ido Karavany

Wisor is an automation tool for global freight forwarders helping companies generate budget estimates and communicate seamlessly with clients. 

Tel-Aviv-based Wisor just received an $8 Million seed investment led by Team8. The funds will move forward with the company’s goal of modernising the freight business. Automating and digitalizing global supply chain processes.

 

Wisor’s plug-and-play solution works across global freight forwarders and is aiming to become an end-to-end solution.

GlossAI

CEO & Co-Founder – Ofer Familier

CTO & Co-Founder – Eyal Koren

GlossAI is an Artificial intelligence content generator that can turn one single block of content into several different content pieces. The tool can generate short videos, blog posts and other content for various channels, using AI to maximise any piece of content. 

The company headquartered in Tel Aviv has trained its AI to recognise the most share-worthy parts of the content and create options from the original. They just recently secured an $8 Million investment rounds seed Led by New Era Capital Partners with participation from others. 

With short video booming as a content star and considering the number of channels companies need to cover today, having a tool to create many content pieces from just one, could be the winning solution for many!

Series A 

Build 38

CEO & Co-Founder –  Dr. Christian Schläger

CTO & Co-Founder – Marc Obrador

Build38 is a developer and provider of security solutions for mobile applications. Its protection technology shields apps from attacks. Since around 42% of companies experience issues with app security, it’s a needed tool for many. 

Munich-based Build38 just secured a Series A investment round of €13 Million led by Tikehau Capital to increase its security development and reach broader markets. 

Build38 is an in-app protection tool powered by AI to increase security. In a world where safety threats from everywhere including individual users’ devices a stronger defence is a standout product.

HowNow 

CEO & Co-Founder – Nelson Sivalingam

CTO & Co-Founder – Ashish Kumar

HowNow is an Education technology startup that brings together experts and people looking to learn from them using interactive video lessons. This online platform allows users from all over the world to learn from leaders in different fields. 

London-based HowNow has over 400 experts in different countries and their video class format allows for one-on-one interaction like any classroom. The EdTech company signed a Series A investment of £4 Million with participation from Mercia Asset Management and Pearson. 

Funds will be used to develop more features for the learning platform, expanding internationally and growing its talent pool.

Series B 

Exotrail 

CEO & Co-Founder – Jean-Luc Maria

CTO & Co-Founder – Paul Lascombes

Exotrail is a developer and supplier of electric propulsion tech and solutions for small satellites. Their star product, the Hall Effect Thrusters, has been integral in the building of agile satellite constellations. 

Despite a global downturn, Exotrail has had a remarkable last year and had an oversubscribed investment round, securing $58 Million in Series B funding. 

As space becomes the final frontier for tech to conquer more startups arise offering small to big solutions. Exotrail stands out as the first to provide a complete approach to space mobility, the room for growth is infinite!

Series C 

Acceldata 

CEO & Co-Founder – Rohit Choudhary

CTO & Co-Founder – Ashwin Rajeeva

Acceldata is a data technology developer that provides data observability for its clients. Allowing them to see and understand the health of the data, plus identify and address issues across the clod, application and different systems. 

Data observability could prove to be a niche isolated from the downturn with several companies raising funds. California-based Acceldata secured a significant $50 Million C round led by March Capital.

Acceldata will use new funds to expand its reach in the biggest companies and support partnerships with Snowflake, and Databricks among others. As data importance continues to grow the future seems really bright for Acceldata!

Looking to diversify and grow your scaling company?