Tech startups such as AdvantageClub.ai, Yurts, Bananaz, Vooma, Tenstorrent, among others, announced their VC funding from venture capital companies to bolster their growth.
AdvantageClub.ai Secures $4 mn
AdvantageClub.ai, a leader in employee engagement and rewards solutions, has raised $4 million in a funding round led by Axilor Ventures, with participation from AFG Ventures, Prasanna Sarkar, Bytez Ventures, and existing investors.
The platform plans to expand its presence in the US and Asia while introducing new tools in employee recognition and rewards. The funding supports its vision to redefine employee engagement and drive global growth in the HR tech space.
Bananaz raises $5.3 mn
Bananaz, a platform transforming design change management for R&D and engineering teams, has raised $5.3 million in seed funding. The round was led by 10D and Cardumen Capital.
Bananaz employs AI and computer vision to automate error detection, manage change, and streamline collaboration across engineering teams and external partners. Its innovations, including automated comparison of technical drawings and 3D CAD models, aim to save manufacturers significant time and resources while reducing costly errors.
Yurts Secures $40 mn
Yurts, a pioneer in secure generative AI solutions for defense, government, and enterprises, has raised $40 million in a Series B funding round led by XYZ Venture Capital, with participation from Glynn Capital, Nava Ventures, Bloomberg Beta, and Mango Capital.
The funding will fuel Yurts’ mission to transition GenAI from experimental to deeply integrated applications, unlocking new workflows and decision-making capabilities in secure environments.
Vooma raises $16.6 mn
Vooma has raised $16.6 million across seed and Series A funding rounds, with Craft Ventures leading the $13 million Series A and Index Ventures spearheading the earlier $3.6 million seed round. Angel investors from Motive, Project44, Ryder, and Uber Freight also participated.
Vooma’s AI platform, designed for freight brokers and carriers, features tools like Vooma Quote for quoting automation, Vooma Build for load-building efficiency, and Vooma Voice for call handling. The funds will support team expansion and growing product demand.
Tenstorrent raises $693 mn
Tenstorrent closed an oversubscribed $693 million Series D funding round at a $2 billion pre-money valuation, co-led by Samsung Securities and AFW Partners. Additional investors included XTX Markets, Corner Capital, MESH, Export Development Canada, Healthcare of Ontario Pension Plan, LG Electronics, Hyundai Motor Group, Fidelity Management & Research Company, Baillie Gifford, Bezos Expeditions, and more.
The funding will drive Tenstorrent’s global development, enhance open-source AI software stacks, and build systems and clouds for AI developers.
