Several tech startups — OatFi, Veris AI, Zero Networks, Literal Labs, Wordsmith AI, among others, have announced their venture capital VC funding to bolster innovation and business growth.
OatFi Raises $24 mn
OatFi has announced a $24 million Series A funding round led by White Star Capital, with participation from existing investors Portage and QED. OatFi embeds underwriting, origination, and funding capabilities directly into B2B payment platforms within Accounts Payable, Accounts Receivable, and commercial charge card workflows, enabling built-in financing at critical transaction points.
Veris AI Raises $8.5 mn
Veris AI has emerged from stealth with $8.5 million in seed funding. The round was led by Decibel Ventures and Acrew Capital, with participation from Ian Livingstone, The House Fund, Rocket Money’s Idris Mokhtarzada, Dorothy Chang, and others. Veris AI aims to eliminate roadblocks to enterprise AI adoption by building a lean, high-impact engineering and data science team.
Zero Networks Raises $55 mn
Zero Networks has secured $55 million in Series C funding led by Highland Europe, with participation from existing investors F2 Venture Capital, PICO Venture Partners, Venrock, and U.S. Venture Partners. The funding strengthens Zero Networks’ mission to shift cybersecurity into the Era of the Defender by deploying identity- and network-driven proactive controls.
Literal Labs Raises £4.6 mn
Literal Labs has raised £4.6 million in pre-seed funding. The round was led by Northern Gritstone and co-led by Mercuri, with participation from Sure Valley Ventures, Cambridge Future Tech SPV, and several angel investors. The funding will help bring Literal Labs first commercial product to market, grow its engineering team, and advance its vision for environmentally conscious AI.
Wordsmith AI Raises $25 mn
Wordsmith AI raised $25 million in Series A funding led by Index Ventures to expand its AI infrastructure and deploy fleets of legal AI agents across organizations. The company focuses on equipping legal teams with AI tools, enabling the rise of legal engineers and accelerating legal decision-making processes.
InfotechLead.com News Desk
