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 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! 

Series A

LI.FI 

CEO & Co-Founder – Philipp Zentner 

CTO – Max Klenk

LI.FI is a DeFi middleware builder, claiming to abstract the most crucial financial infrastructure to move in and out of any position on any chain, creating unique one gateway access to all DeFi. Helping avoid costs in research, integration and wasted go-to-market time. 

Berlin-based Li.Fi’s bridge and Dex aggregation protocol has raised a $17.5 Million Series A round co-led by CoinFund and Superscrypt, and 20 other angel investors. 

Li.Fi will use the new funds to continue the development of its tools across blockchain, DEX, and more. While also growing key teams for expansion like sales, marketing and business development.  

Series B 

Hygraph 

CEO & Co-Founder – Michael Lukaszczyk 

CTO & Co-Founder – Daniel Winter

Hygraph is a federated content platform based on GraphQL that allows integration of all services and composability of stack. Using unique processes, with the capability to distribute content from any source to any destination with a single GraphQL API.

The Berlin-based company closed a Series B round of $30 Million last week led by One Peak, with the participation of previous investors Open Ocean, SquareOne, and new angel investor, Boris Lokschin. The company’s total funding is now $43.7 million. 

Hygraph will use new funds to finance its continued expansion of more markers with a focus on North America, as well as product development and innovation. 

TROOP

Founder – Dennis Vilovic 

Founder – Leonard Cremer

TROOP is a meeting planning platform that uses data aggregation and visualisation technology to plan your in-person meetings. Using real data to enhance options for location, date and time, and other goals like CO2 emissions. 

Madrid-based TROOP just closed an $8 Million Series B raise led by  Madrona Venture Group with participation from  Epic Ventures, Conexo, and others. Adding to a total of $19.9 Million in funding so far. 

TROOP’s amazing capability to turn what used to be a cross-departmental tedious effort into data input and options has made it a standout product. New funds will go into more product development as they expand on functionality with the goal of becoming a truly end-to-end service. 

Series C

Ledger

CEO – Pascal Gauthier

CTO – Charles Guillemet

Ledger is an innovator and developer of security and infrastructure solutions for blockchain and cryptocurrencies. Its line of hardware wallets, a crypto security device, has made the french company a market leader, and they’ve continued to develop other unique tech. 

Paris-based Ledger added a significant $108 Million in Series C extension funding round with multiple participants including Morgan Creek, Digital Finance Group, 10T, VaynerFund, Cité Gestion SPV, and True Global Ventures.

News funds will be put towards more market growth and product innovation. Ledger has ambitious plans despite regulation and market uncertainty in crypto. Trusting its products and the need for security over other factors. Having an over $1 Billion valuation and this kind of raise power, they have reason to trust themselves.