AdalFi, a two-year-old Pakistani startup that provides real-time loans to consumers, raised a $7.5 million round. COTU Ventures, Chimera Ventures, Fatima Gobi Ventures, and Zayn Capital were the co-leads. Reuters has more here.
BlueTrace, a five-year-old startup based in Castine, Me., that helps shellfish operators tag and trace shellfish in order to maintain legal compliance, raised a $3.2 million seed round. Investors included York IE, Maine Venture Fund, and Coastal Enterprise Ventures. SeafoodSource has more here.
Planetarians, a six-year-old San Francisco startup that is making plant-based protein products, raised a $6 million "Seed II" round led by Mindrock, with additional contributions from SOSV, Traction Fund, TechStars, and AB InBev. The company has raised a total of $7 million. TechCrunch has more here.
Rhaeos, a 4.5-year-old, Evanston, Il.-based clinical stage medical device company developing a platform wireless and non-invasive wearable sensor that's initially targeting hydrocephalus, a life threatening condition caused by an abnormal accumulation of cerebrospinal fluid, has raised $10.5 million in Series A funding. The Steele Foundation for Hope led the round, joined by earlier backers Creative Ventures and Lateral Capital. The company has now raised $18 million altogether. More here.
Sikoia, a two-year-old London startup that aims to help businesses make better decisions by uniting data and analytics that are already available to them, raised a $6 million seed round led by MassMutual Ventures, with Coalition Capital, Earlybird, and Seedcamp also participating. The company has raised a total of $8.4 million. Tech.eu has more here.
Stelo Labs, a one-year-old San Francisco startup whose open source extension helps users protect their crypto wallets from scams and phishing attacks, raised a $6 million round led by Andreessen Horowitz. TechCrunch has more here.
Third Wave Automation, a five-year-old startup based in Union City, Ca., that builds high-reach, autonomous forklifts, raised an undisclosed sum from Qualcomm Ventures and Zebra Technologies. The company has raised a total of $70 million. The Robot Report has more here.
Unagi, a French startup that is building an NFT fantasy sports platform for soccer and basketball, raised a $5 million seed round led by Sisu Game Ventures; additional investors included Sfermion, UOB Ventures, Signum Capital, 2B Ventures, and Machame. TechCrunch has more here.
Vexi, a seven-year-old Mexican neobank that is offering a credit card to Mexican consumers via American Express, raised an $8 million Series A round led by Magma Partners, with Redwood Ventures, Rebalance Capital, Alpha4Ventures, Noa Capital, and Pomona Impact. The company has raised a total of $58.6 million. TechCrunch has more here.
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