Parsers VC - Weekly Funding / Startup / VC news of February 11, 2025

Venture Capital News. Funding rounds, statistics Week of February 4 - February 10: United States (32 - $1.63B), United Kingdom (3 - $59M), India (3 - $53M)

February 11, 2025

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1. Sequins™: A New Era in Genomic Control (Cited in 16 tech media)

In the bustling world of genomics, Sequins™ has emerged as a beacon of innovation. This San Francisco-based start-up is not just another player in the next-generation sequencing (NGS) ecosystem; it’s a game changer. With the launch of its first commercial products, Sequins is poised to redefine how laboratories approach sequencing controls.
Sequins offers two primary products: the Metagenomics Core Control Set and the Whole Genome Sequencing (WGS) Core Control Set. These tools are designed to streamline workflows and enhance the accuracy of genomic analysis. Think of them as the compass and map for researchers navigating the complex landscape of genetic data.

January 2025 opened with a bang in the world of cybersecurity. The month was marked by significant breaches, alarming revelations about spyware, and the rise of artificial intelligence (AI) models that are reshaping the landscape of technology and governance. As we dive into the events of this month, we see a vivid picture of a digital battlefield where privacy, security, and innovation collide.
The first major incident of the year was the unprecedented hack of Gravy Analytics. This breach exposed the geolocation data of millions. Imagine a treasure chest of personal information, now in the hands of cybercriminals. The hackers claimed to have access to client lists and precise smartphone locations, threatening to release this data unless the company complied with their demands. This incident raises a critical question: how safe is our data in an age where privacy seems like a fading dream?

In the bustling world of market research, speed and precision are king. Enter GetWhy, a Copenhagen-based platform that’s shaking up the industry with its innovative use of artificial intelligence. Recently, GetWhy secured 60 million DKK, or about $8.4 million, in debt financing from CIBC Innovation Banking. This funding is a significant boost for a company that has already raised a total of $64.5 million since its inception in 2018.
GetWhy’s mission is clear: to transform how companies gather consumer insights. Traditional market research often feels like trying to find a needle in a haystack. It’s slow, cumbersome, and can leave businesses in the dark about consumer preferences. GetWhy aims to change that narrative. With its proprietary AI engine, the platform can deliver actionable insights in as little as 24 hours. This is a game-changer for brands eager to stay ahead in a fast-paced market.

In the bustling tech landscape of India, a significant dialogue is unfolding. Galent, an AI-native engineering firm, recently hosted the inaugural Fourthwards Roundtable series in Hyderabad and Bangalore. This event gathered industry titans to explore the transformative power of artificial intelligence (AI) in Global Capability Centres (GCCs).
The roundtable was not just a meeting; it was a crucible of ideas. Leaders from over 60 GCCs, managing more than 500,000 employees across Fortune 200 and Fortune 500 companies, convened to discuss the future of AI in business. The stakes are high. The conversation centered on how AI can elevate GCCs from mere service providers to strategic innovation hubs.

In the fast-paced world of artificial intelligence, TrueFoundry has emerged as a beacon of innovation. The San Francisco-based startup recently secured $19 million in Series A funding, led by Intel Capital. This financial boost is not just a number; it represents a pivotal moment in the AI deployment landscape.
TrueFoundry is not just another tech company. It’s a game-changer. With its unified platform as a service (PaaS), it simplifies the complex web of AI application deployment. The company’s mission is clear: to empower enterprises to build and deploy AI applications with unprecedented efficiency and governance.
The funding round saw participation from notable investors, including Eniac Ventures, Peak XV’s Surge, and new player Jump Capital. Angel investors, including industry veterans like Gokul Rajaram and Mohit Aron, also joined the fray. This diverse backing underscores the confidence in TrueFoundry’s vision.

In the ever-evolving landscape of technology, two fields stand out: artificial intelligence and biomedical engineering. Both are reshaping industries, driving innovation, and addressing critical challenges. Recently, two remarkable stories emerged from these domains, showcasing the power of human ingenuity and the potential for transformative change.
First, let’s delve into the world of artificial intelligence. Freiburg-based Prior Labs has made waves by raising €9 million in pre-Seed funding. This startup is not just another player in the AI game; it’s a pioneer. Their focus? Foundation models for spreadsheets and databases. In a world where data is the new oil, Prior Labs is refining that oil into something usable and powerful.

In the fast-paced world of digital payments, Cashfree Payments has just secured a significant boost. The Indian startup has raised $53 million in a funding round led by Krafton, a South Korean digital entertainment giant. This investment marks a pivotal moment for Cashfree, which aims to redefine the payment landscape in India and beyond.
Founded in 2015 by Akash Sinha and Reeju Datta, Cashfree has carved a niche in the payment solutions market. It offers a full-stack payment platform that allows businesses to collect payments online and manage payouts seamlessly. With clients like Swiggy, redBus, and BigBasket, Cashfree has established itself as a reliable partner for various enterprises. The company’s compatibility with popular merchant platforms such as Shopify and WooCommerce enhances its appeal, making it a go-to choice for online businesses.

In the world of technology, funding is the lifeblood that fuels innovation. Recently, two companies, Atombeam and StackAdapt, have captured headlines with their impressive funding rounds. Each represents a different facet of the tech landscape, yet both are riding the same wave of investor enthusiasm.
Atombeam, based in Moraga, California, has made a splash with its recent $20 million funding round. This brings its total funding to $35 million. The company is pioneering a concept known as "Data-as-Codewords." Imagine data transformed into a secret language, where every piece of information is encrypted and compressed into codewords. This method ensures that data is transmitted swiftly and securely, like a well-guarded treasure chest.

Last week's funding rounds

102 funding rounds, -24% from last week.

Number of funding rounds in the last quarter - February 10, 2025 by Parsers VC

Total raised $2.98 billion, -45% since last week

Total raised $, bln - February 10, 2025 by Parsers VC

Funding rounds in United States

  • 75F Raises $45M Series B Round 

  • ASTRA Raises $2.7M 

  • AtomBeam Raises $20M 

  • Beamable Raises $13.5M Series A Round from BITKRAFT Esports Ventures 

  • Clean Core Thorium Energy Raises $15.5M Seed Round 

  • Cognida.ai Raises $15M Series A Round from Nexus Venture Partners 

  • DigitalC Raises $2.76M 

  • Edacious, PBC Raises $8.1M Seed Round 

  • hiddenlevelinc Raises $65M Series C Round 

  • Invary Raises $3.5M Seed Round 

  • InvestNext Raises $15M Series B Round 

  • LARGO FILMS SA Raises $7.66M 

  • Little Otter Raises $9.5M 

  • LULA Raises $28M Series A Round 

  • Lynx Raises $27M Series A Round 

  • Milacron Raises $287M from Bain Capital 

  • Mobile Pathways Raises $1M 

  • Modulo Bio Raises $500K Grant Round 

  • Monograph Raises $20M Series B Round 

  • newzmate Raises $120M Series D Round 

  • PlantBaby Raises $4M 

  • SimpliFed Raises $4M 

  • Superlogic Raises $13.7M Series A Round 

  • TaxGPT Raises $4.6M 

  • ThreatMate Raises $3.2M Seed Round 

  • Tidal Vision Raises $140M Series B Round 

  • Trace.Space Raises $4M Seed Round 

  • Trayd Raises $4.5M Seed Round 

  • TrueFoundry Raises $19M Series A Round 

  • Urban Sky Raises $30M Series B Round 

  • Warmly, Raises $6M Series A Round 

  • X-energy Raises $700M Series C Round 

Funding rounds in United Kingdom

  • Fimple Raises $12M Series A Round 

  • IONATE Raises $17M Series A Round 

  • Salience Labs Raises $30M Series A Round 

Funding rounds in India

  • Cashfree Payments Raises $53M 

  • ixigo Raises $205.9K 

  • Nazara Raises $649.8K 

Follow new funding rounds every day on Twitter and Telegram

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