Who Got Funded, Week 46 (Nov 11-17)

Hey, folks!

I am very excited because this is the first-ever weekly summary I am writing for a very special startup club: the Who Got Funded Club. First of all, I would like to say THANK YOU, reader, for being here.

As a startup founder myself, I know that it’s crucially important to be aware of what’s going on out there in the market. And it’s not easy to find the right sources of information. From my point of view, that would be challenge number one. Finding the right sources of information is not easy.

Very often, I find myself on Twitter trying to find out more information about which companies are getting funded, at what valuation, who is investing in them, and so on, and so on.

The problem is, there is an INCREDIBLE amount of NOISE out there. No way you can easily summarize the info you find (if you find it). And no way you can extract insights quickly enough because, remember, as a startup founder, you don’t have time for this. There are many other challenges that need your attention NOW.

Well, with that said, let me share with you our first-ever weekly summary with you.

Last week's top-funded companies

Pre-seed

🇦🇪 Wize ($16M) led by angel investors focused on the Middle East and North Africa (MENA) region. Eco-friendly last-mile solutions.

🇬🇧 Generative Engineering ($4.4M) led by EQT Ventures. Engineering tools and cutting-edge algorithms.

🇮🇪 Zerve.ai ($3.8M) led by Elkstone Capital Partners. AI and Data Science.

🇦🇺 Psychae Therapeutics ($2.8M) led by University of Melbourne’s Genesis Pre-Seed Fund and Tin Alley Ventures. Botanically derived therapeutics.

🇩🇪 Frieda Health ($2.7M) led by Maximon Longevity Co-Investment Fund. Digital health platform focused on women’s health during menopause.

Seed stage

🇬🇧 Quotient Therapeutics ($50M) led by Flagship Pioneering. Transformative medicines made possible with somatic genomics.

🇺🇸 Vivodyne ($38M) led by Khosla Ventures. Lab-grown human organs.

🇮🇱 Dream Security ($33.6M) led by Dovi Frances and Michael Eisenberg. Protection for nations from sophisticated cyber attacks and generative AI.

🇺🇸 The Cumulus Coffee Company ($20.3M) led by Valor Equity Partners and Valor Siren Ventures. At-home nitro cold brew technology.

🇺🇸 Keychain ($18M) led by Lightspeed Venture Partners. Consumer packaged goods (CPG) production platform that collaborates with retailers and brands by using AI.

Series A

🇨🇳 Xingji Meizu ($276M) led by Asia Investment Fund and Harvest Global Investments. Platform for full-stack smart terminal technologies.

🇨🇳 Aerospace Lithium Battery Technology ($139M) led by Eucalyptus Growth Capital. A lithium-ion battery technology platform specializing in the production of large cylindrical lithium iron phosphate batteries.

🇳🇱 VectorY ($138M) led by EQT life science and Forbion Capital Partners. Developing vectorized antibodies for neurodegenerative diseases.

🇨🇳 Ruiyun Cold Chain ($68M) led by Jinding Capital. Cold-chain logisitics solutions for enterprises.

🇬🇧 Eyebiotech ($65M) led by Bain Capital Life Sciences, Omega Funds and Vertex Ventures HC. Ophthalmology biotechnology company dedicated to developing and delivering a new generation of therapies to protect, restore, and improve vision in patients with sight-threatening eye diseases.

Series B

🇬🇧 Fnality International ($95.5M) led by BNP Paribas and Goldman Sachs. Digital cash system that uses blockchain technology to settle financial transactions.

🇪🇸 Universal Diagnostics ($93M) led by Quest Diagnostics. In-vitro diagnostics company developing a platform of minimally-invasive, blood-based solutions for the early detection of cancer.

🇺🇸 MBrace Therapeutics ($85M) led by TPG. New treatments for cancer patients based on the SPARTA technology.

🇩🇰 NMD Pharma ($82M) led by Jeito Capital. Novel treatments of neuromuscular disorders.

🇺🇸 Imprint ($75M) led by Ribbit Capital. Credit card issuer that designs, launches, and manages co-branded credit card programs.

Keep building! ✌️ 

Ono