Series A activity: Week of May 19, 2025
There were 33 Series As in the last week that raised a total of $577 million. The average deal size was $17 million while the median was $15 million.
Summary Stats
Data for Series A deals done worldwide (ex-China) where amount raised is greater than $5M and the company is not focused on therapeutics
Claude’s most interesting Series A Deals of the week
ReproNovo ($65 million) - This Swiss healthcare services company raised the largest round of the week at a $174.44 million valuation, suggesting significant market opportunity in reproductive health technology. The backing from major pharma-adjacent investors like M Ventures (Merck's VC arm) and Jeito indicates potential for substantial partnerships and market validation.
LIS Technologies ($47 million) - This New York-based electronic equipment manufacturer secured substantial funding from Nano Nuclear Energy, suggesting they're likely developing critical components for the emerging small modular reactor market. The timing aligns with the nuclear renaissance and significant government support for advanced nuclear technologies.
Catena Labs ($18 million at $82 million valuation) - This Boston financial software company attracted Andreessen Horowitz and an impressive list of crypto-native investors including Coinbase Ventures and CoinFund, indicating they're building infrastructure for the intersection of traditional finance and digital assets. The high-profile investor syndicate suggests this could be a key player in the evolving financial technology landscape.
GPT’s most interesting Series A Deals of the week
CX2 (Redondo Beach, CA) – A $31 million Series A for an aerospace-and-defense startup is eye-catching on size alone, but the real intrigue is Point72 Ventures’ bet on founder CEO Nathan Mintz (who previously co-founded Epirus) to bring agile, software-defined thinking to military hardware. That combination of dual-use tech pedigree and deep-pocketed hedge-fund capital suggests CX2 could become a key player in the new wave of venture-backed defense primes.
ReproNovo (Lausanne, Switzerland) – Raising $65 million at a $174 million post-money makes this the week’s largest health-tech round, and the syndicate (AXA IM Alts, Jeito, M Ventures) blends blue-chip strategic and specialist biotech investors. With reproductive-health innovation historically under-funded, that level of capital and validation hints at a platform play that could redefine fertility care in Europe and beyond.
LIS Technologies (New York, NY) – Nuclear-adjacent hardware rarely lands nearly $50 million at Series A, so the $47 million infusion—backed in part by Nano Nuclear Energy—signals rising investor confidence in advanced fuel-cycle and isotope-separation technologies. If LIS can commercialize faster, lower-cost enrichment, it would unlock supply-chain bottlenecks for both next-gen reactors and medical isotopes, a frontier with enormous strategic value.
All Series A Deals
BreachRx raised $15.00 million at a $52.00 million valuation from Ballistic Ventures (California)(Kevin Mandia) on May 19, 2025. The CEO is Anderson Lunsford. BreachRx is based in San Francisco, CA. BreachRx is a developer of network management software solutions.
BRIK raised $10.00 million at an unknown valuation from Jungle Ventures on May 19, 2025. The CEO is Alan Budiarto. BRIK is based in Jakarta, Indonesia. BRIK is a supplier of raw materials for construction and manufacturing.
Button Finance raised $5.00 million at a $32.00 million valuation from Hildene Capital Management(Brett Jefferson) on May 19, 2025. The CEO is Jason Harris. Button Finance is based in White Plains, NY. Button Finance is a provider of consumer finance services.
Miraggio raised $6.45 million at an unknown valuation from Client Associates(Shivam Diwan), RPSG Capital Ventures(Abhishek Goenka) on May 19, 2025. The CEO is Mohit Jain. Miraggio is based in Gurgaon, India. Miraggio is a manufacturer of consumer accessories.
Persist AI raised $12.00 million at an unknown valuation from Spero Ventures(Sara Eshelman) on May 19, 2025. The CEO is Karthik Raman. Persist AI is based in West Sacramento, CA. Persist AI is a developer of pharmaceutical and biotechnology solutions.
remberg raised $16.00 million at an unknown valuation from Acton Capital(Julius Lühr), Oxx (London)(Philip Edmonson-Jones) on May 19, 2025. The CEO is David Hahn. remberg is based in Munich, Germany. remberg is a developer of business productivity software.
Sylndr raised $15.70 million at an unknown valuation from Development Partners International(Ashley Lewis), Prosus Ventures on May 19, 2025. The CEO is Omar Defrawy. Sylndr is based in Cairo, Egypt. Sylndr is a company operating in the automotive sector.
Catena Labs raised $18.00 million at a $82.00 million valuation from Andreessen Horowitz(Christopher Dixon) on May 20, 2025. The CEO is Sean Neville. Catena Labs is based in Boston, MA. Catena Labs is a developer of financial software solutions.
Circle TurboMart raised $6.00 million at an unknown valuation on May 20, 2025. The CEO is Altaf AlThekair. Circle TurboMart is based in Kuwait City, Kuwait. Circle TurboMart is an operator of an internet retail platform.
CX2 raised $31.00 million at an unknown valuation from Point72 Ventures(Chris Morales) on May 20, 2025. The CEO is Nathan Mintz. CX2 is based in Redondo Beach, CA. CX2 is a developer of aerospace and defense technology.
GDI raised $11.50 million at a $52.00 million valuation from Helios Climate Ventures(Josh Grehan), InnoEnergy(Roel van Diepen) on May 20, 2025. The CEO is Robert Anstey. GDI is based in Rochester, NY. GDI is a manufacturer of electrical equipment.
ReproNovo raised $65.00 million at a $174.44 million valuation from AXA IM Alts(Zina Affas Besse), Jeito(Ksenija Pavletic), M Ventures(Hakan Goker) on May 20, 2025. The CEO is Jean Duvall. ReproNovo is based in Lausanne, Switzerland. ReproNovo is a provider of healthcare services.
SparkCharge raised $30.50 million at an unknown valuation from Monte's Fam LLC on May 20, 2025. The CEO is Joshua Aviv. SparkCharge is based in Somerville, MA. SparkCharge is a manufacturer of electrical equipment.
Tailor raised $14.00 million at an unknown valuation from ANRI(Junichiro Kono) on May 20, 2025. The CEO is Yo Shibata. Tailor is based in Palo Alto, CA. Tailor is a developer of business productivity software.
True Markets raised $11.00 million at an unknown valuation from Accomplice VC, RRE Ventures on May 20, 2025. The CEO is Vishal Gupta. True Markets is based in New York, NY. True Markets is a developer of financial software solutions.
Flip raised $27.88 million at an unknown valuation from HV Capital(Christian Saller), LEA Partners(Nils Seele), Notion Capital(Joscelyn White), Roland Berger on May 21, 2025. The CEO is Benedikt Ilg. Flip is based in Stuttgart, Germany. Flip is a developer of communication software solutions.
Flo Recruit raised $5.03 million at a $44.00 million valuation from LiveOak Ventures, Moneta Ventures on May 21, 2025. The CEO is Katherine Allen. Flo Recruit is based in Austin, TX. Flo Recruit is a developer of business productivity software.
Greenlite raised $15.00 million at a $149.00 million valuation from Greylock(Seth Rosenberg) on May 21, 2025. The CEO is Will Lawrence. Greenlite is based in San Francisco, CA. Greenlite is a developer of business productivity software.
LIS Technologies raised $47.00 million at an unknown valuation from 28 Ventures, Innovating Capital, Minetta Brook Capital, Nano Nuclear Energy (NAS: NNE)(Jay Yu) on May 21, 2025. The CEO is Christo Liebenberg. LIS Technologies is based in New York, NY. LIS Technologies is a manufacturer of electronic equipment.
Mesur.io raised $12.00 million at an unknown valuation from Bread & Butter Ventures(Brett Brohl), Silicon Road(Siddhartha Mookerji) on May 21, 2025. The CEO is Michael Prorock. Mesur.io is based in Bozeman, MT. Mesur.io is a developer of business productivity software.
Tarjama raised $15.00 million at an unknown valuation from Global Ventures (Dubai)(Said Murad) on May 21, 2025. The CEO is Nour Hassan. Tarjama is based in Dubai, United Arab Emirates. Tarjama is a developer of business productivity software.
Veda raised $14.73 million at a $90.00 million valuation from Credibly Neutral, PEER Venture Partners on May 21, 2025. The CEO is Stephanie Weichsel. Veda is based in Wilmington, DE. Veda is a developer of financial software solutions.
Yoodli raised $13.70 million at a $112.00 million valuation from Neotribe Ventures(Neeraj Hablani) on May 21, 2025. The CEO is Varun Puri. Yoodli is based in Seattle, WA. Yoodli is a developer of educational software.
Axle Health raised $10.00 million at a $43.00 million valuation from F-Prime Capital(Carl Byers) on May 22, 2025. The CEO is Adam Stansell. Axle Health is based in Claymont, DE. Axle Health is a developer of healthcare technology solutions.
Carnegie Foundry raised $10.30 million at an unknown valuation from Oshkosh (NYS: OSK), United States Steel (NYS: X) on May 22, 2025. The CEO is Robert Szczerba. Carnegie Foundry is based in Pittsburgh, PA. Carnegie Foundry is a provider of consulting services.
Data Sutram raised $9.00 million at an unknown valuation from B Capital Group(Karan Mohla), Lightspeed Venture Partners(Hemant Mohapatra) on May 22, 2025. The CEO is Rajit Bhattacharya. Data Sutram is based in Kolkata, India. Data Sutram is a developer of business productivity software.
David AI raised $25.00 million at a $100.00 million valuation from Alt Capital (San Francisco), Amplify Partners(Sarah Catanzaro) on May 22, 2025. The CEO is Tomer Cohen. David AI is based in Dover, DE. David AI is a developer of business productivity software.
Kota raised $14.50 million at an unknown valuation from Eurazeo (PAR: RF) on May 22, 2025. The CEO is Luke Mackey. Kota is based in Dublin, Ireland. Kota is a provider of life and health insurance.
Players' Lounge raised $14.47 million at a $54.00 million valuation from Griffin Gaming Partners(Pierre Planche) on May 22, 2025. The CEO is Zach Dixon. Players' Lounge is based in New Castle, DE. Players' Lounge is a developer of entertainment software.
Quobly raised $23.69 million at an unknown valuation from Bpifrance(Clémentine Cazenave) on May 22, 2025. The CEO is Maud Vinet. Quobly is based in Grenoble, France. Quobly is a developer of application-specific semiconductors.
Rhino raised $15.00 million at a $60.00 million valuation from AlleyCorp(Alexander Nazem) on May 22, 2025. The CEO is Ittai Dayan. Rhino is based in Boston, MA. Rhino is a developer of medical records systems.
Trawa raised $27.08 million at an unknown valuation from Headline(Christian Miele) on May 22, 2025. The CEO is David Budde. Trawa is based in Berlin, Germany. Trawa is a manufacturer of alternative energy equipment.
Secro raised $10.00 million at a $30.00 million valuation from Assembly Ventures(Jessica Robinson), Sway Ventures(Najib Khouri-Haddad) on May 23, 2025. The CEO is Michele Sancricca. Secro is based in Charleston, SC. Secro is a developer of business productivity software.
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