Axelera AI, an Eindhoven, Netherlands-based AI startup, announced that it closed a $27 million Series A funding round led by Innovation Industries and joined by imec.xpand and the Federal Holding and Investment Company of Belgium (SFPIM). In addition, the Netherland Enterprise Agency (RVO) awarded Axelera AI with $6.7 million of …

WORKERBASE, a Munich, Germany-based SaaS platform that streamlines processes in the manufacturing industry, announced that it secured €10 million in Series A funding. The investment was from new investors Almaz Capital, Porsche Ventures, and Bayern Kapital, with participation from existing investor Point. The European Investment Fund (EIF), Cisco, the European …

Surfe (fka Leadjet), a Paris-based connected revenue workspace, serving revenue teams to capture and serve clients more effectively, raised €4 million in Seed funding. The round was led by 360 Capital, with participation from TS Ventures and angels from major European companies, Personio and Tenable. The funds will use to …

BluSapphire Cyber Systems, a Stamford, CT-based full-stack cybersecurity platform, raised $9.2 million in Series A funding. The round was led by Barings Private Equity India, with participation from cross-border VC firms Dallas Venture Capital, RPG Ventures, Merisis Venture Partners, and Binny Bansal (backed xto10x). The funds will help BluSapphire continue …

SiMa.ai, a San Jose, CA-based machine learning company enabling deployment and scaling at the embedded edge, announced that it extended its Series B1 round to $67 million with new participation from MSD Partners, L.P. The round includes participation from existing investors Fidelity Management & Research Company, Amplify Partners, Dell Technologies …

Vesttoo, a Tel Aviv, Israel-based technology-driven global insurance risk transfer platform, announced that it raised $80 million in Series C funding, valuing the company at $1 billion. The round was co-led by Mouro Capital and a private equity fund, with participation from a US-based bulge bracket investment bank, Gramercy Ventures, …

Cosmonic, an Arlington, VA-based WebAssembly (Wasm) pioneer, closed $8.5 million in a seed funding round led by Vertex Ventures. Joining Vertex's General Partner In Sik Rhee in this early round is Meta advisor (and Facebook's ex-VP infrastructure engineering) Jeffrey Rothschild; WebLogic and funding syndicate founder Bob Pasker; Jeff Burkland (founder …