Several tech startups — Grifin, LiveDrop, Stackup, Meridian, Profound, among others, have announced their venture capital funding to bolster innovation and business growth.
Grifin Secures $11 mn
Grifin has secured $11 million in a Series A round led by Innovation Endeavors, with participation from Y Combinator, Homebrew, Character, Scott Belsky, and Guillermo Rauch. The strategy focuses on linking everyday spending to investing habits to foster daily engagement, aiming to redefine user-brand relationships. Investment will enable platform expansion, product enhancements, and user growth initiatives. Technology automatically rounds up purchases and invests the difference, simplifying user entry into markets. The customer focus targets retail investors seeking effortless investment routines. Innovation lies in automating micro-investments triggered by routine spending. Benefits include habitual investing, improved financial inclusion, and enhanced saving behaviors.
LiveDrop Raises $2.5 mn
LiveDrop, founded in 2021 in Eindhoven and led by CEO Patrick Moreu, raised $2.5 million in an oversubscribed seed round led by Value Creation Capital, with participation from Secfund, Kadmos Capital, Patronum Investment, and angel Cees Links. The strategy is to scale secure, offline data transfer via optical encoding using standard hardware like laptops, smartphones, and cameras. Investment will support international deployment in defense, government, and civilian sectors. Technology enables unidirectional, wireless-free data exchange vital for mission-critical environments. Customers include defense and national security agencies. Innovation lies in software-based data diodes. Benefits include secure data handling, faster transfers, and dual-use applicability.
Stackup Raises $4.2 mn
Stackup, co-founded by CEO John Rising and CTO Hazim Jumali, raised $4.2 million in a seed round led by 1kx, with participation from Y Combinator, Goodwater, Soma, Amino, and Digital Currency Group. The platform streamlines crypto operations by integrating bank accounts and wallets for non-custodial ACH transfers and enabling management across multiple blockchains. The strategy accelerates product development, platform expansion, and feature rollout. Technology bridges traditional and crypto finance systems, centralizing asset management. Customers benefit from reduced fragmentation, security, and efficiency in on-chain workflows.
Meridian Raises $7 mn
Meridian, founded by ex-Blackstone investor Alexander Sen, raised $7 million in a Series Seed round led by 645 Ventures, with participation from Chaac Ventures and angel investors from private equity, credit, and M&A law. The platform serves top private markets firms with AI-enhanced deal management, combining CRM, workflow automation, and proprietary AI agents. The strategy focuses on streamlining deal sourcing, diligence, and evaluation. Funding will be used to expand AI features, accelerate product development, and scale go-to-market. Its AI engine Scout automates market mapping, company identification, and relationship signals. Customers include large PE and credit firms. Benefits include faster sourcing, better insights, and more efficient deal workflows.
Profound Raises $20 mn
Profound, a platform used by marketers to control AI-generated brand representation, raised $20 million in a Series A round led by Kleiner Perkins, with participation from General Catalyst’s CVF and others. The strategy focuses on helping brands transition from traditional search links to AI-driven answers. Investment will support product expansion, AI model integration, and go-to-market growth. The technology provides marketers with real-time insights into brand presence within AI responses. Customers include enterprises seeking proactive control over AI-driven representations. Innovation lies in brand-first AI monitoring tools. Benefits include enhanced brand visibility, strategic positioning, and improved audience engagement.
InfotechLead.com News Desk
