Santa Clara-based AI platform provider acquired Germany’s Raytion, an information retrieval technology company. Raytion, led by CEO Valentin Richter, offers GenAI-powered search and knowledge management for cross-enterprise data integration. Since 2001, Raytion has implemented large-scale solutions for Global 500 companies worldwide.
San Francisco-based medical technology company SoundHealth raised $7 million in seed funding led by Moai Capital and J4 Ventures, with participation from TeleSoft Partners, Tau Ventures, TechU Ventures, and Rhythm Venture Capital. SoundHealth, led by Dr. Paramesh Gopi, offers SONU, an AI-enabled device for personalized nasal congestion relief.
Kraków-based marketing tech company Digital First AI secured €3.5M in funding led by 4growth VC, with participation from Plug&Play, Sher Ventures, Hub71, and McCANN Poland owners. Founded in 2021, the AI-powered SaaS platform plans to use the funds to expand operations, development efforts, and business reach.
A Helsinki-based precision fermentation company raised €14M from the European Innovation Council Accelerator Program and Series A investors. The funding will expedite the company’s EU market entry and secure regulatory approval from the European Food Safety Authority (EFSA).
Cairo-based fintech Dopay raised $13.5M in Series A funding led by Argentem Creek Partners. The funds will accelerate its expansion in Egypt, introduce new financial services, and extend its platform to other markets. Dopay provides secure, instant payroll and payments, driving financial inclusion for unbanked employees with Mastercard-backed prepaid debit cards.
Copenhagen-based biotech company Draupnir Bio secured €12M in seed funding to develop its preclinical pipeline of oral, small molecule protein degraders. These degraders target extracellular disease-causing proteins, leveraging lysosomal machinery. Led by CEO Andrew Hotchkiss, Draupnir Bio focuses on advancing targeted protein degradation, spun out from Aarhus University and the Max-Planck Society.
Seattle-based real-time data platform provider Momento raised $15M in Series A funding led by Bain Capital Ventures. Funds will accelerate enterprise sales and expand platform features, focusing on AI workloads. CEO Khawaja Shams leads Momento, which offers scalable, managed real-time data infrastructure and the Momento Topics pub/sub messaging service.
Denver-based Peak Energy, developing low-cost, giga-scale energy storage technology, raised $55M in Series A funding led by Xora Innovation. The funds will expand operations and development of Sodium-Ion battery systems, launching the first full-scale U.S. production. The pilot program will include three of the top five largest Independent Power Producers.
Berkeley, CA-based Jacobi Robotics specializing in AI-powered motion planning technology, has raised $5M in Seed funding led by Moxxie Ventures. The funds will support operational expansion and development efforts. Founded by CEO Max Cao. Jacobi aims to enhance robotics programming and performance for real-world production across various sectors.
Miridih, a Seoul, South Korea-based company providing a SaaS-based design platform, raised $15M in Series B funding.
The round was led by Kiwoom PE, Industrial Bank of Korea(IBK), Shinhan Venture Investment, and G.N. Tech Venture Capital. With this investment, Miridih’s post-money valuation has been recognized at KRW 280 billion (approximately USD 215 million).
