Weekly Roundup - Week 38, 2024

Sep 23, 2024

17/09/2024 - 22/09/2024

This is a weekly feature that recaps the week's funding rounds for B2B SaaS companies. 

This week's investment trends point to growth in AI Security, Risk Management, AI Virtual Staining, and generative AI. Let's examine the most recent fundraising rounds that are expanding potential applications.

Edera, $5 Million, Seed

Edera, a Seattle, Washington-based secure-by-design Kubernetes and AI solution provider, has raised $5 million in seed funding. The round was led by 645 Ventures and Eniac Ventures.

Source

Zevero, $7 Million, Seed

Zevero, a Singapore-based global carbon accounting platform, has raised US $7 million in inaugural seed funding round. The round was led by Spiral Capital, with participation from East Ventures and angel investors. 

Source

With, $10 Million, Seed

With, a Tel Aviv, Israel-based company providing an end-to-end platform for city offerings to communities, has raised $10 million in seed funding. The funding round included participation from Boaz Amiti, Tal Ventures, Iron Nation, Unicorn Technologies, Ariel Maislos, and Yuval Bar Gil

Source

Fathom, $17 Million, Series A

Fathom, a San Francisco, CA-based AI-driven meeting intelligence platform provider, has raised $17 million in Series A funding. The round was led by Telescope Partners.

Source

Vahan.ai, $10 Million, Series B

Vahan.ai, a Bengaluru, India-based AI-powered recruitment platform, has raised $10 million in Series B funding round. The round was led by Khosla Ventures.

Source

Jus Mundi, $22 Million, Series B

Jus Mundi, a Paris, France-based global legal AI company providing research and productivity assistance, has secured €20 million (US $22M) in Series B funding. The round was led by Germany’s Acton Capital and Singapore’s True Global Ventures

Source

PictorLabs, $30 Million, Series B

PictorLabs, a Los Angeles, CA-based software company transforming histopathology with AI-powered virtual staining, has raised $30 million in Series B funding. The round was led by Insight Partners

Source

Cherre, $30 Million, Series C

Cherre, a New York-based real estate data management and intelligence platform, has secured $30 million in Series C funding. The round was led by HighSage Ventures.

Source

Datamaran, $33 Million, Series C

Datamaran, a London, UK-based ESG risk management software platform, has secured $33 million in Series C funding. The round was led by Morgan Stanley Expansion Capital, a growth-focused private investment platform within Morgan Stanley Investment Management.

Source

Picus Security, $45 Million, Series C

Picus Security, a San Francisco, CA-based security validation company, has raised $45 million in Series C funding round. The round was led by Riverwood Capital.

Source

We hope you are now up to date on the latest funding rounds in the B2B SaaS space. This week we saw a round of $5M for Edera to a whooping $45M for Picus Security. Stay tuned for next week’s roundup on SaaS Insider.

-

Written By - Paul Augustine, Founder's Office