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startup funding

Funding News 1.25.23

Share Creators Raises $5M Series A Round to Accelerate Online Game Development, E-commerce Sales and Industrial Product DesignShare Creators, a startup that makes it easier for game developers, ecommerce marketers and product designers to collaborate online and manage massive digital files, today announced it has raised a $5M Series A round led by 5Y Capital with additional funding from Foxit. Additionally, the company launched significant new releases of its digital asset management platform and project management tools for remote workforces that require advanced online collaboration.

FinOptSys completes first tranche of Series A funding round with backing from State Street – FinOptSys has completed a Series A funding round with backing from State Street.

The New Jersey-based provider of enterprise-wide software-as-a-service solutions indicates that it will be using the fundraising to expand its global team and to extend the range of traditional and non-traditional assets supported through its peer-to-peer (P2P) network services.

Using artificial intelligence to drive decision-making, patent-pending analytics and P2P negotiations, FinOptSys also intends to add further technology innovation to its current suite of modules.

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Myelin Foundry Raises $3 Million In Series A Funding Round – Deep tech AI startup, Myelin Foundry, has raised $3 million in Series A funding led by Visteon Corporation, a global automotive electronics major. The funding round also witnessed participation from investors includes current Myelin investors Endiya Partners, Beyond Next Ventures and Pratithi Investment Trust. Myelin Foundry’s platforms deploy artificial intelligence in real-time, at the edge to provide unparalleled video and audio experiences and outcomes. The new round will consolidate Myelin’s platforms and expand into international markets. Myelin will further build capabilities and position itself as a leader in the edge AI space.

Themis closes Pre-Series A funding round at £3.1 million – Award-winning digital financial crime platform Themis announces today that it has successfully overfunded in its latest Pre-Series A funding round, raising a total of £3.1m.

This comes on the back of a successful seed round of £1.67m in 2021. The company is currently valued at £15.4m and is forecasting a robust growth as governments and regulators around the world crack down on AML failings and more and more companies recognise the importance of conducting comprehensive due diligence on their clients, suppliers and third parties. Themis reported a 57% growth in revenues in 2022 from the previous year.

Link Raises $20M in Series A FundingLink, a San Francisco, CA-based provider of an open-banking powered payment platform, raised $20M in Series A funding.

The round, which follows $10M in a previously unannounced Seed funding round led by Tiger Global with support from Amplo, Pareto Holdings, and Quiet Capital, was led by Valar Ventures.

The company intends to use the funds to accelerate growth and expand operations

US-based Core10 closes Series B to support digital transformation – US-based Core10, which offers lending and account opening products, has raised $6.5m in its Series B funding round.

Patriot Financial Partners, a US-based private equity investment firm, served as the lead investor. Contributions also came from JAM FINTOP and the Independent Community Bankers of America (ICBA).

Elements Receives $5 Million in Funding from Flyover CapitalElements, a mobile-first, client-centric financial monitoring platform, today announced it has secured a $5 million seed extension round to support its continued growth trajectory. The round was led by Flyover Capital, a Kansas-based firm renowned for investing in exceptional technology companies, and was joined by existing investors Kickstart Fund, Venture Capital, Grand Ventures,Forward VC, SaaS Venture Capital, and angel investors.

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