Hi FemWealth Friends,
In the Spotlight 💸
Co-founded and led by Christina Cacioppo, Vanta is a trust management platform that helps businesses simplify and centralize security.
The San Francisco, US-based company secured $150 million in Series C funding at a $2.45 billion valuation. Sequoia Capital led the round, joined by Goldman Sachs Ventures, J.P. Morgan, and existing investors including Atlassian Ventures, Craft Ventures, CrowdStrike Ventures, HubSpot Ventures, Workday Ventures, and Y Combinator.
Read more: Vanta raises $150M Series C, now valued at $2.45B
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Startups: Dazz snaps up $50M for AI-based, automated cloud security remediation - Co-founded and led by Merav Bahat, Dazz aims to simplify and automate the remediation process for security and engineering teams. The Palo Alto startup raised a $50 million round co-led by Greylock Partners, Cyberstarts, Insight Partners, and Index Ventures.
QA Wolf secures $36M to grow its app QA-testing suite - Co-founded by Laura Cressman, QA Wolf is a quality assurance platform that provides automated testing services. The Seattle, US-based company secured $36 million in Series B funding. Scale Venture Partners led the round, with contributions from Threshold Ventures, VentureForGood, Inspired Capital, and Notation Capital.
InnerPlant bags $30m Series B led by its ‘ideal investors’: an alliance of North American farmers - Founded and led by Shely Aronov, InnerPlant provides crop monitoring tech. The California-based company raised $30 million in a Series B funding round led by Coutts Agro, with participation from Systemiq Capital, Deere & Company, and Bison Ventures.
NPC Labs raises $18M to bring mainstream games to Web3 - Co-founded by Viktoriya Hying, NPC Labs develops gaming technologies designed for blockchain networks. The New York startup raised a $18 million Seed round led by Pantera Capital. Makers Fund, Hashed, Collab+Currency, Sfermion, Mirana Ventures, Bitscale Capital, and Mantle EcoFund also joined.
Radiology AI startup deepc raises $13M Series A extension round - Co-founded by Dr. Julia Moosbauer, deepc is a radiology AI startup that helps providers deploy their technologies in clinical settings. The Munich, Germany-based company secured a $13 million Series A extension round led by Sofinnova Partners and Bertelsmann Investments. KHP Ventures, SwissHealth Ventures, and Winning Mindset Ventures also participated.
After a 30-year career in IT, Protexxa founder raises $7.2M for cybersecurity employee hygiene - Founded and led by Claudette McGowan, Protexxa helps companies address cybersecurity concerns. The Canada-based startup closed a $7.2 million (CA$10 million) Series A, led by a family office. Bell Ventures, Sandpiper Ventures, BKR Capital, and Export Development Canada also participated in the round.
3Daughters Secures $4.7M in Seed Round to Advance Innovative IUD Development - Co-founded by Mary Beth Cicero and Shelley Amster, 3Daughters is a clinical development company dedicated to advancing women’s healthcare. The company raised an oversubscribed $4.7 million Seed funding round from Thairm Bio, Argosy Foundation, Wexford Science and Technology, UMass Amherst, and new undisclosed investors.
Endless Health targets longevity with at-home blood testing service - Co-founded by Jiabao Li, Endless Health is a testing and preventive medicine company. The Austin, Texas-based startup raised $4.5 million in a Seed funding round led by Next Coast Ventures and joined by Antler Elevate, and Asset Management Ventures.
Copenhagen-based Agrobiomics harvests €4 million to make plants climate resilient - Co-founded by Mathilde Nordgaard, Agrobiomics develops a biological solution to increase the climate resilience of plants. The Copenhagen-based startup raised €4 million in funding from NOON Ventures.
ShiftRx raises $3.5M for pharmacy staffing (Axios Pro $) - Co-founded by Autumn-Kyoko Cushman and Leann Haddad, ShiftRX is a staffing and administration platform for pharmacies. The US-based company raised $3.5 million in Seed funding led by Work-Bench, with additional support from Inflect Health, Tau, and Opal Ventures.
ESG management platform FuturePlus closes £2.7M Seed round - Co-founded by Alexandra Smith, FuturePlus is a sustainability management and ESG reporting platform. It announced a £2.7 million round.
Zurich-based NetFabric secures €2 million to address the challenge of network downtime - Co-founded by Marlene Brakhane, NetFabric is a network observability platform that connects all network data sources. The Zurich, Switzerland-based startup raised $2.2 million in a Pre-Seed funding round co-led by Founderful and Playfair Capital.
Luxury fashion startup The Floorr empowers personal stylists with tools to grow their businesses - Founded and led by Lupe Puerta, The Floorr empowers personal shoppers and stylists to manage and expand their businesses. The US startup announced a $1.7 million Pre-Seed funding round from Net-a-Porter co-founder and investor Carmen Busquets (also an adviser for The Floorr) and Nigora Tokhtabayeva, a jewelry designer and founder of Tabayer.
Syntropic Medical Secures €1.1M for drug-resistant depression treatment - Co-founded by Professor Sandra Dr. Siegert, Syntropic Medical is developing a light-based brain stimulation device to treat drug-resistant neuropsychiatric disorders such as major depressive disorder. The Austrian medtech company raised €1.1 million in funding from The Austrian Research Promotion Agency (FFG).
Estonian Enty raises €700,000 Seed for financial SaaS - Co-founded by Jane Shmygaleva, Enty helps European SMEs manage back-office operations. The Talinn-based fintech raised a €700,000 Seed round from TMT Investments, Trado Capital, and a group of angel investors.
Stork aims to close $10M Series A in coming months (Axios Pro $) - Co-founded and co-led by Tamilla Nagim, Stork is a luxury digital warehouse. The New York company is raising $10 million in Series A funding.
Summer Fridays secures strategic growth investment from TSG - Co-founded by Marianna Hewitt and Lauren Ireland, Summer Fridays, a premium skincare and hybrid makeup brand announced a strategic growth investment from TSG Consumer Partners (TSG).
VC: Women VCs Make Gains in Tech Investing Amid Diversity Backlash (Bloomberg $) - According to a new report published by All Raise, ~18% of decision makers at US venture capital firms are female — double from 2018 when the organisation was founded. Access the full report here.
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Until next Sunday,
Anamaria
Founder & Writer of FemWealth