Propulso, a Magog, Canada-based company that specializes in ethical data optimization, secured CAD 2.6 million in funding. Investors The round was backed by Investissement Québec, Anges Québec, and AQC Capital. Propulso Use of Funds The company will use the funding to expand its workforce and enhance its research and development …

Gynger, a New York-based embedded financing platform for technology acquisitions, raised $20 million in Series A funding. Investors The round was led by PayPal Ventures, with participation from Gradient Ventures, Velvet Sea Ventures, BAG Ventures, and Deciens Capital. PayPal Ventures is the global corporate venture arm of PayPal. We invest …

Daydream, a New York-based new e-commerce search engine, has raised a massive $50 million in seed funding. The company plans to launch the platform in beta to U.S. consumers this fall, focusing initially on the fashion vertical. Investors The round was led by Forerunner Ventures and Index Ventures, with participation …

Materia, a New York-based comprehensive generative AI platform built for public accounting firms, has launched with over $6.3 million in funding. Investors The round was led by Spark Capital, with participation from Haystack Ventures Thomson Reuters Ventures, Exponential Founders Capital, and the Allen Institute for AI. Founded in 2005, Spark …

FairNow, a McLean, Virginia-based provider of AI governance software, secured $3.5 million in seed funding. Investors The round was led by Somen Mondal and Shaun Ricci. FairNow Use of Funds The company will use the funding to accelerate its mission of equipping enterprises with a governance platform that manages AI-related …

Wordsmith, an Edinburgh, Scotland-based AI-powered legal assistant platform, raised $5 million in seed funding. Investors The round was led by Index Ventures, with participation from General Catalyst and angel investors including Skyscanner founder Gareth Williams. Index Ventures, founded in 1996 with offices in London, San Francisco, and Geneva, partners with …

NationA, a South Korea-based generative AI startup, raised KRW 2 billion in pre-Series A funding. Investors The round saw participation from prominent investors including Mirae Holdings, Hana Securities, Magna Investment, and Infobank. NationA Use of Funds The company will use the funding to enhance product offerings, scale global operations, and …