Deep Tech Capital Movements | Vol. 2
Weekly tracking rounds, new funds, and strategic shifts in deep tech.
Welcome to the #2 edition of Deep Tech Capital Movements!
This is an experiment designed to keep you ahead of the curve in the fast-paced world of deep tech.
In an industry where timing and knowledge are everything, this newsletter offers a clear and concise look at the deals, funds, and strategic shifts shaping the frontier of innovation.
The mission: to give you an edge.
Whether you’re an investor scouting the next transformative company, an operator navigating the ever-evolving capital landscape, or a curious observer hungry for insights, Deep Tech Capital Movements cuts through the noise to deliver actionable intelligence.
Startup Updates
💻 Cybersecurity Investment Surge: Zynap Raises €5.7M
Round: Seed | Region: Europe
Zynap, based in Europe, raised €5.7M in seed funding to enhance its threat intelligence platform. The round was led by undisclosed investors aiming to address emerging cybersecurity challenges.
🔬 Quantum Hardware Startup ZuriQ Secures $4.2M Seed Round
Round: Seed | Region: Switzerland
ZuriQ, a Swiss quantum computing hardware startup, secured $4.2M in a seed round to accelerate the development of high-precision quantum systems.
💉 Needle-Free Vaccines: Vaxxas Raises $7.2M
Round: Grant | Region: Australia
Australian biotech company Vaxxas raised $7.2M to advance its needle-free vaccine technology, with backing from One Ventures and other strategic partners.
🌍 Clean Energy Innovation: Addis Energy Raises $4.25M
Round: Pre-Seed | Region: United States
Cambridge, MA-based Addis Energy raised $4.25M in pre-seed funding from Engine Ventures, Pillar VC, and Voyager Ventures to develop clean ammonia production technology, bringing its total funding to $8.75M.
🏗️ Kaya AI Raises $5.3M to Transform Construction Supply Chains
Round: Pre-Seed | Region: United States
Kaya AI, a NYC-based company revolutionizing construction supply chains with AI, raised $5.3M from 53 Stations, Suffolk Technologies, and Soma Capital, along with Barclays Black Formation Investments.
🔋 Sonocharge Energy Raises $23.5M for Battery Performance Tech
Round: Series A | Region: United States
Sonocharge Energy, based in Mountain View, CA, secured $23.5M in Series A funding led by Cycle Capital, with participation from Honda, Khosla Ventures, and Temasek, to scale its battery performance platform.
⚕️ Lindus Health Secures $55M for Next-Gen Clinical Trials
Round: Series B | Region: United States
Lindus Health, a NYC-based clinical trials platform, raised $55M in Series B funding led by Balderton Capital, with support from Visionaries Club, Creandum, and Seedcamp.
📊 Axoflow Raises $7M to Optimize Security Data Costs
Round: Seed | Region: Europe
Axoflow raised $7M in a seed round led by EBRD to expand its platform for high-quality security data, offering cost-efficient solutions for SIEM systems.
🎥 Synthesia Raises $180M for AI-Powered Video at $2.1B Valuation
Round: Series C | Region: United Kingdom
Synthesia, a UK-based AI video generation platform, raised $180M in Series C funding at a $2.1B valuation, with participation from leading global investors.
🤖 Industrial Robotics Startup Ati Motors Raises $20M
Round: Series B | Region: India
Ati Motors, an India-based industrial robotics company, secured $20M in Series B funding to expand its automation solutions and global market presence.
💧 StormHarvester Bags €9.7M for Wastewater Solutions
Round: Growth | Region: Europe
StormHarvester raised €9.7M to drive global expansion and tackle wastewater challenges with its innovative management technology.
💉 Xaga Surgical Secures €698K for Infection Prevention Tech
Round: Seed | Region: Europe
Xaga Surgical raised €698K to enhance its technology aimed at reducing needle-related infections in medical procedures.
🌍 BeZero Carbon Raises $32M for Climate Solutions
Round: Series C | Region: United Kingdom
BeZero Carbon secured $32M to expand its climate intelligence platform, focusing on carbon offset verification and environmental solutions.
🩺 Owlstone Medical Raises $50M for Disease Detection
Round: Series E | Region: United Kingdom
Owlstone Medical raised $50M to scale its breath-based diagnostics technology, aimed at detecting diseases early and improving healthcare outcomes.
🔬 NatureMetrics Secures $25M for Environmental DNA Tech
Round: Series B | Region: United Kingdom
NatureMetrics raised $25M to expand its environmental DNA (eDNA) monitoring platform, which measures biodiversity and ecological health globally.
🍅 €10M for Autonomous Tomato Deleafers
Round: Growth | Region: Netherlands
A Netherlands-based agri-tech startup raised €10M to scale its autonomous deleafing technology, aimed at increasing efficiency in tomato greenhouses.
🌊 Banyu Raises Seed Round for Indonesia’s Seaweed Industry
Round: Seed | Region: Indonesia
Banyu secured funding to modernize Indonesia’s seaweed industry with innovations in cultivation and processing technologies.
🌾 Saudi Agritech Arable Closes $2.55M Seed Round
Round: Seed | Region: Saudi Arabia
Saudi agritech startup Arable raised $2.55M to scale its sustainable agricultural technology solutions tailored to the Middle East’s unique climate.
🏭 BaseTwo Closes $16.5M CAD Series A for AI in Manufacturing
Round: Series A | Region: Canada
Canada-based BaseTwo secured CAD $16.5M to further develop its AI copilots for optimizing manufacturing processes and driving operational efficiencies.
🌱 Project Eaden Raises €15M for Plant-Based Meat Tech
Round: Series A | Region: Germany
Germany-based Project Eaden raised €15M to scale its proprietary fiber technology for plant-based meat production, aiming to revolutionize the alternative protein market.
Venture Capital Updates
💡 QDNL Participations Hits €25M First Close for Quantum Fund
Region: Netherlands | Focus: Quantum Startups
QDNL Participations, backed by the Quantum Delta NL initiative, secured a €25M first close on its €60M fund for early-stage quantum startups. Advisors include quantum pioneer Chad Rigetti, as the fund aims to capitalize on $40B in projected global government quantum spending over the next decade.
🚀 dYdX Capital Launches VC Firm for Transformative Investments
Region: United States | Focus: Transformative Tech
dYdX Capital debuts its VC arm with a mission to fund startups driving transformative innovation across emerging industries.
💼 Smartfin Closes €250M Growth Fund for European Tech
Region: Europe | Focus: Scaling B2B Tech
Smartfin’s third growth fund will invest €250M in scaling European B2B tech companies, with a strong emphasis on fintech and enterprise solutions.
🌍 Intel Capital Spins Off as a Standalone Fund
Region: Global | Focus: Strategic Investments
Intel Capital transitions to operate independently, focusing on strategic early-stage and growth investments beyond Intel’s core business.
📊 Capmont Technology Raises €100M for B2B Tech Startups
Region: Europe | Focus: Early-Stage B2B Tech
Munich-based Capmont Technology announced €100M in funding to back early-stage European B2B tech founders, with an emphasis on enterprise software and SaaS.
💸 Madrona Ventures Raises $770M for Two New Funds
Region: United States | Focus: AI and Cloud Computing
Seattle-based Madrona Ventures secured $770M across two funds, focusing on AI, cloud computing, and next-gen enterprise tech startups.
🌱 Algebris Investments Secures $65.4M for Climate and Deep Tech
Region: Italy | Focus: Climate and Advanced Tech
Algebris Investments’ first VC fund raised $65.4M, targeting climate innovation and advanced technology solutions in Europe.
🤝 Parkway Venture Capital Partners with Arcapita
Region: Global | Focus: Strategic Collaboration
Parkway Venture Capital has entered a strategic partnership with Arcapita to jointly fund emerging tech companies globally, emphasizing high-growth opportunities.
📈 Insight Partners Raises $12.5B for Flagship Fund
Region: Global | Focus: Enterprise Tech and SaaS
Insight Partners closed a massive $12.5B fund to back enterprise tech and SaaS startups, signaling strong confidence in scaling global tech businesses.
Not on the list yet? Fix that.
Just closed a deal that will move markets? Raising a fund with serious impact? Acquiring a company that’s a true disruptor? Drop us a line.
We’ll amplify it in our community and keep the momentum going.