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infotechlead

Venture Capital Funding: Magma Math, Finster AI, Bronto, Chemify, Findem

Several tech startups — Magma Math, Finster AI, Bronto, Chemify, and Findem, among others — have announced new venture capital funding rounds aimed at bolstering innovation and business growth.

Dollar spending on technology
Dollar spending on technology

Magma Math Secures $10 Million

Magma Math, a Sweden-based AI-powered math learning platform for K-12 students, has raised $10 million from Five Elms Capital to accelerate global expansion and enhance its AI-driven classroom tools. Founded by Henrik Appert, Magma Math combines research-based pedagogy with artificial intelligence to personalize learning and improve student outcomes by up to 400 percent. The investment will strengthen teacher support, advance AI innovation, and expand the company’s presence in the U.S. and U.K., making math education more engaging and effective worldwide.

Finster AI Raises $15 Million

Finster AI, founded by Sid Jayakumar in 2023, has raised $15 million in combined Series A and Seed funding led by FinTech Collective and Peak XV Partners, with participation from Hoxton Ventures. The AI-native financial intelligence platform serves investment banks and asset managers, focusing on secure, verifiable AI that mitigates data risks and enhances workflow efficiency. Finster AI plans to expand globally with a New York office, advancing innovations that enable financial professionals to move from reactive tasks to AI-driven, proactive decision-making.

Bronto Raises $14 Million

Bronto has raised $14 million in seed funding led by Cercano Management, with participation from Heavybit and Conviction Capital. Founded by Noel Ruane and Trevor Parsons, Bronto aims to redefine log data infrastructure for the AI era. The company’s platform supports petabyte-scale log ingestion, sub-second search, and AI-driven insights — all without costly data tiering. Its focus is on helping enterprises manage and analyze log data efficiently, reducing costs while enhancing visibility. The new funding will accelerate global expansion, product innovation, and customer adoption across mid-market and enterprise sectors.

Chemify Raises Over $50 Million

Chemify, led by founder and CEO Professor Lee Cronin, has secured over $50 million in an oversubscribed Series B round co-led by Wing Venture Capital and Insight Partners, with participation from a syndicate of world-class investors including 8VC and existing backers Triatomic Capital, Blueyard, Rockspring, and Eos. The company’s AI- and robotics-based “Chemputation” platform enables digital molecule design and automated synthesis. Chemify’s strategy centers on expanding its Chemifarm laboratories globally to provide on-demand molecule creation for the pharmaceutical, materials, and chemical industries. Its innovation transforms traditional chemistry into a programmable, AI-driven process, accelerating drug discovery and materials development while reducing costs and time-to-market.

Findem Raises $51 Million

Findem, founded by Hari Kolam (CEO) and Raghu Venkat (CTO), has raised $51 million to enhance its AI-powered talent intelligence platform. The round includes a Series C led by SLW, with participation from Wing Ventures, Harmony Capital, and Four Rivers Group, along with growth financing from J.P. Morgan. The company leverages the world’s largest expert-labeled dataset — encompassing over 800 million talent profiles — to help organizations make smarter hiring decisions. Findem’s strategy focuses on enabling data-driven recruiting, improving candidate quality, and reducing time-to-hire. Backed by leading investors, Findem’s innovation integrates AI into talent sourcing, analytics, and workflow automation, delivering measurable improvements in efficiency, diversity, and hiring accuracy for enterprise customers.

Thasniya VP

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