Author: Utsav

Nevis Raises $35M to Scale AI Platform for Financial Advisors Nevis, a purpose-built AI platform for financial advisors, has raised $35 million in a Series A round led by Sequoia Capital, ICONIQ and Ribbit Capital, bringing its total funding to $40 million within a year. The funding marks one of the most significant early-stage raises in the US wealthtech sector, underscoring the growing urgency for next-generation automation tools as financial advisory firms struggle with rising demand and growing administrative burden. Unlike many early-stage AI startups still building their product foundations, Nevis has already launched its platform, onboarded registered investment advisory…

Giftbee Appoints Sergey Meshkov as CTO to Drive Platform Scale Giftbee, one of Australia’s fastest-rising challengers in the digital gifting and rewards market, has appointed Sergey Meshkov as its Chief Technology Officer (CTO), marking a major strategic milestone as the company prepares for its next phase of scale, product expansion and platform modernisation. The appointment, effective November 2025, signals Giftbee’s ambition to build not just a popular consumer product, but a globally competitive fintech infrastructure for gifting, engagement and rewards. Meshkov joins Giftbee with more than 20 years of engineering experience, including nearly a decade at Atlassian, where he worked…

Mixx Technologies Raises $33M to Redefine Optical Connectivity for the AI Infrastructure Era Deep-tech startup Mixx Technologies has raised $33 million in an oversubscribed Series A round, securing backing from some of the world’s leading semiconductor and AI infrastructure investors. The round was led by Singapore’s ICM HPQC Fund with participation from TDK Ventures, Systemiq Capital, Applied Ventures, Banpu Innovation & Ventures, G Vision Capital, Ajinomoto Group Ventures, AVITIC Innovation Fund and other strategic partners. The investment reflects a growing consensus across the AI ecosystem: as models scale exponentially, data movement, not compute, has become the defining bottleneck of modern…

Sokin Raises $50M Series B to Build a Unified Global Payments Infrastructure London-based fintech company Sokin has raised US$50 million in a Series B round, valuing the business at US$300 million, as it accelerates its ambition to build a unified global platform for business payments. The round was led by Prysm Capital, with participation from Watershed Ventures and continued support from Morgan Stanley Expansion Capital and Aurum Partners, following a year of rapid scaling and strong commercial momentum. Founded with a mission to remove the borders, barriers and burdens of international payments, Sokin has positioned itself as a next-generation global…

Australis Scientific Raises $6M and Won Medtech Innovator Prize Australian medtech company Australis Scientific has emerged as one of the most closely watched innovators in bladder health after securing US$6 million in funding from Japan’s Rohto Pharmaceutical and winning the 2025 Medtech Innovator Asia Pacific Grand Prize. Founded in 2021, the Sydney-based company is developing a new class of minimally invasive medical devices designed to transform how urinary incontinence and overactive bladder (OAB) are managed, conditions that affect more than 400 million people globally yet remain underserved by existing therapies. At the centre of its innovation is the Confidanz™ Smart…

Psyomics Launches New Healthtech Platform to Transform Neurodiversity Assessment and Triage UK-based healthtech company Psyomics, a Cambridge University biotech spinout, has launched a new digital platform designed to transform the way neurodiversity and mental health conditions are assessed, triaged and supported across behavioural health, child and adolescent services and neuropsychiatric pathways. Led by CEO Dr. Melinda Rees, Psyomics aims to bring clinical-grade assessment tools directly into digital workflows, helping healthcare systems deliver earlier, more accurate support to individuals who often wait months or years for specialist evaluation. The launch coincides with Psyomics securing $5 million in pre-Series A funding, which…

Procure AI Raises $13M to Build Europe’s First AI-Native Procurement Automation Platform London-based Procure AI has raised $13 million (£9.8 million) in seed funding to accelerate the development of its AI-native procurement automation platform, designed to help enterprises streamline sourcing, contracting and supplier management at a time of unprecedented global supply chain volatility. The round was led by Headline, with participation from C4 Ventures, Futury Capital and several high-profile procurement industry angels. Founded by Konstantin von Büren and Yves Bauer, Procure AI aims to fundamentally redesign how procurement teams operate. Instead of retrofitting legacy tools or building point solutions for…

Bsure Raises $2.1M to Help Companies Eliminate Digital Ghost Accounts and Strengthen Identity Security Oslo-based cybersecurity startup Bsure has raised $2.1 million (approximately €1.8 million) in seed funding to expand its real-time identity governance platform, which helps organizations detect inactive user accounts, cut software license waste and reduce hidden security risks across their Microsoft environments. The round was led by Scale Capital, with participation from existing US investors. Founded in 2022, Bsure is emerging as a fast-growing solution in the identity security category, with the company reporting more than 200 customers across nine countries in both the public and private…

Paperly Raises $3M to Build Australia’s Most Comprehensive K–12 School Administration Platform Australian edtech company Paperly has raised $3 million in a new funding round led by Tribe Global Ventures, with participation from Purpose Ventures and Skalata. The investment will accelerate the company’s mission to streamline the administrative workflows that underpin every Australian school’s excursions, assessments, sports, music lessons, risk management, parent–teacher interviews and the extensive documentation that supports daily school operations. With over 250 schools already contracted for 2026, Paperly is emerging as one of the fastest-growing operational platforms in Australian education, offering a unified system designed specifically to…

Medow Health Emerges as Australia’s Specialist-Focused AI Medical Scribe Australian healthtech startup Medow Health is positioning itself as one of the first AI medical scribe platforms built specifically for specialists, offering automated clinical documentation designed to reduce the heavy administrative burden that has long affected specialist practices across the country. With deep integrations into leading specialist EMRs Genie & Gentu and support for more than 50 medical specialties, Medow Health is targeting a part of healthcare where documentation has historically been both complex and time-consuming. Founded in 2023 by Joel and Josh Freiberg, Medow Health was born out of a…