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VC funding: Champion, Monda, Segmed, American Binary

Tech startups such as Champion, Monda, Segmed, American Binary, among others, have announced their venture capital funding rounds.

VC funding for tech
VC funding for tech

AI Startup Champion Raises $3.3 mn

Champion, the AI-powered customer advocacy platform, has raised $3.3 million in a seed round led by Flyover Capital.

Champion has also received investment from High Alpha, Bread & Butter Ventures  and Stage 2 Capital.

Champion will use investment to strengthen its AI infrastructure to enhance platform capabilities and expand its go-to-market across the enterprise.

HEST Investments invests in American Binary

HEST Investments, a private equity firm, announced its investment of $1 million in American Binary, an innovative post-quantum encryption company.

Monda Raises $5 mn

Monda, a data monetization platform, has raised $5 million in a seed funding. The VC funding round was led by Senovo and Acrobator Ventures, with participation from Techstars.

Monda will use the capital to expand operations in the US, grow its partner ecosystem, and enhance its platform.

Monda’s data monetization platform is used by over 150 data-as-a-service (DaaS) companies creating more than 6,000 data products. Monda has partnerships and integrations with cloud data marketplaces from Google Cloud, Databricks, and SAP.

Segmed Secures $10.4 mn

Segmed, a provider of real-world imaging data for health innovation, has raised $10.4 million in a Series A funding round. The VC funding round was led by iGan Partners and Advocate Health.

There was also participation from Castellan Group, Engine Health Capital, Bold Brain Ventures, Fox Chase Cancer Center, and current investors including Y Combinator, Nina Capital, Nova Capital, Blumberg Capital, and Expeditions Fund.

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