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Startup News
Economic Times
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Israeli cyber startup Zero Networks raises $55 million in private funding
- Israeli cyber security startup Zero Networks raised $55 million in a mid-stage private funding round, bringing total funds raised to over $100 million.
- Since its last funding round in late 2023, Zero Networks has experienced 300% revenue growth and tripled its customer base due to its technology to prevent cyber attacks.
- The funding round was led by Highland Europe, with participation from existing investors F2 Venture Capital, PICO Venture Partners, Venrock, and U.S. Venture Partners.
- Zero Networks plans to utilize the new investment to support its expansion in North America, Europe, the Middle East, Africa, and the Asia-Pacific region.
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Siliconangle
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Zero Networks raises $55 million to expand microsegmentation and zero-trust solutions
- Israeli cybersecurity startup Zero Networks Ltd. raises $55 million in funding to expand microsegmentation and zero-trust solutions.
- Zero Networks offers automated, agentless microsegmentation solutions to prevent lateral movement and ransomware attacks without manual configurations.
- The company's platform simplifies zero-trust security by dynamically learning network behavior and enforcing least-privilege access controls.
- Zero Networks expands its customer base, triples revenue, and raises a total of over $100 million, with Series C led by Highland Europe Ltd.
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ISN
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Sneaker brand Gully Labs raises Rs 8.7 crore in a seed funding round
- Sneaker startup Gully Labs has raised Rs 8.7 crore in seed funding to expand its product portfolio and distribution footprint.
- The funding round included Rs 7.6 crore in equity and Rs 1.1 crore in venture debt, led by Zeropearl VC.
- Founded in 2023, Gully Labs blends Indian design traditions with modern craftsmanship, targeting an affluent, urban consumer base.
- The startup plans to use the funding to grow its product line, open exclusive retail stores, and deepen its presence in India’s fashion-forward metro markets.
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Eu-Startups
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Lithuanian VC fund Iron Wolf Capital launches €100 million fund to target 25 early-stage companies across the Baltics
- Vilnius-based Iron Wolf Capital (IWC) launches a €100 million Seed-stage fund, making it the largest in the region's history.
- Over 90% of previous investors have recommitted for the first close of the fund, with new backing from over 40 family offices and investors.
- IWC focuses on DeepTech and AI startups, doubling its team size and aiming to support 25 early-stage companies across the Baltics.
- The launch signals a major milestone for Baltic DeepTech startup ecosystem, with emphasis on bold founders and transformative technologies.
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Medium
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Why Venture Capital Needs a New Exit Playbook
- Venture capital firms are facing challenges with exiting investments as the traditional pre-seed to IPO playbook becomes less common.
- The number of IPOs has decreased, acquisitions have slowed, and regulatory scrutiny has increased, leading to a lack of liquidity in the venture capital market.
- Most VC-backed companies are exiting at prices that cannot support venture-scale returns, with many being fire sales, acquihires, or exits at valuations below prior rounds.
- There is a growing backlog of private companies valued over five hundred million dollars, creating pressure on fundraising and leading the industry to seek new ways to unlock liquidity.
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ISN
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Bengaluru-based wealthtech platform Stable Money raises $20 million in a Series B round
- Bengaluru-based wealthtech startup Stable Money has raised $20 million in a Series B funding round led by Fundamentum Partnership, with participation from Aditya Birla Ventures and existing investors Lightspeed, RTP Global, and Z47.
- Stable Money, founded in 2022, offers fixed-income products like bank FDs, short-term bonds, and secured credit cards. It targets conservative savers in India and has over Rs 3,000 crore in assets under management and 20 lakh customers.
- The startup's growth has been fueled by the introduction of short-term corporate bonds, encouraging users to diversify their investments gradually. It emphasizes trust, simplicity, and tangible returns in its low-risk savings ecosystem.
- Stable Money's unique approach includes offering DIY-style baskets of FDs, bonds, and mutual funds, catering to the underserved deposit-heavy middle class in smaller towns. The Series B funding will be utilized to expand product lines, strengthen partnerships, and enhance distribution channels.
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Inc42
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3,000 KM, 15 Days, 7 Cities: Inc42 Unveils Digital Rajasthan Yatra Report 4.0
- Inc42 and iStart Rajasthan launched the Digital Rajasthan Yatra 2025 Report, illustrating the state's digital progress in farming, healthcare, education, and MSMEs.
- An Inc42 team journeyed 3,000 km across seven cities to document digital adoption's impacts, highlighting technology's role in bridging urban-rural gaps.
- Key insights from the report include MSMEs utilizing AI, startups transforming sectors with tech, and initiatives like telemedicine improving healthcare accessibility.
- Rajasthan's focus on sustainability, women empowerment, agritech advancements, and youth entrepreneurship programs signal a bright digital future for the state.
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ISN
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Singapore remains biggest FDI source for India for 7th straight year
- Singapore remains India's biggest source of FDI for the seventh consecutive year, contributing nearly $15 billion in FY25.
- Overall foreign investment in India increased by 13% to $50 billion, with total FDI reaching $81.04 billion in the same fiscal year, the highest level in three years.
- Singapore's FDI into India grew from $11.77 billion to $14.94 billion, surpassing Mauritius as the top investor since 2018–19.
- Singapore's dominance in India's FDI landscape is attributed to its low-tax status, political stability, robust legal system, and strategic financial gateway to Asia.
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Insider
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Treefera uses AI to track goods at the start of the supply chain. See the pitch deck it used to raise $30 million.
- Treefera, a startup using AI to track goods and make supply chains more transparent, raised a $30 million Series B funding led by Notion Capital.
- The company's AI platform utilizes satellite and drone images to monitor the first mile of the supply chain, providing transparency for products like coffee and palm oil.
- Treefera aims to help companies comply with decarbonization targets and ESG rules by offering reliable datasets on the initial stages of the supply chain.
- With the new funding, Treefera plans to enhance its product releases and expand its operations in Europe and North America.
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Eu-Startups
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German startup Scalable Capital receives €155 million to continue to expand its digital investment platform
- German startup Scalable Capital has raised €155 million in a funding round to enhance its digital investment platform and introduce new services.
- This round, led by Sofina and Noteus Partners, marks the company's largest funding so far, with existing investors also contributing.
- Scalable Capital, founded in 2014, aims to empower individuals in shaping their financial future and currently serves over one million customers holding more than €30 billion on the platform.
- The company offers various services, including Scalable Broker for stock investments, Scalable Wealth for digital wealth management, and the European Investor Exchange for retail investors in Europe.
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Inc42
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30 Startups To Watch: Startups That Caught Our Eyes In May 2025
- After a quiet April, Indian startup ecosystem rebounded in May 2025, raising $1.1 Bn, more than double than April.
- Key developments like Ather Energy going public and Groww and Shiprocket filing IPO papers contributed to the funding surge.
- Investor optimism in AI remained strong, backed by government support for homegrown innovation.
- Inc42's '30 Startups To Watch' showcased startups focusing on AI, deeptech, consumer services, spacetech, EV, healthtech, and more.
- Adalat AI is digitizing court operations to fast-track justice with AI-powered tools, already active in 10-15% of courtrooms.
- Anahad Pharma is addressing the last-mile pharmaceutical gap by connecting pharmacies with warehouses in underserved areas.
- bbsAI focuses on building India-focused language AI infrastructure to support multilingual translation and document processing.
- Be Clinical offers anti-ageing skincare solutions in India's medicated skincare market, competing with luxury skincare brands.
- Contineu.ai utilizes AI-powered vertical data infrastructure for automated defect detection and real-time site data in the construction industry.
- ContraVault AI streamlines tender and contract management with natural language processing and machine learning for supply chain optimization.
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TechCrunch
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Irish fintech NomuPay lands $40M at a $290M valuation from SoftBank
- Irish fintech startup NomuPay has secured $40 million in Series C funding from SoftBank Corp's subsidiary SB Payment Service, valuing the company at $290 million.
- NomuPay simplifies cross-border payments for merchants across Asia, Europe, MENA, and the U.S., and will utilize the funding to expand in key regions and enhance its platform.
- The startup plans to add Japan APMs and SBPS cards to its platform, along with multi-currency settlement and IC++ billing, aiming to offer more local payment options and currency management services.
- NomuPay aims to increase its global presence, focusing on growth with a target of exceeding $45 million in annualized run-rate revenues and $20 million in net revenue by the end of 2025.
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SiliconCanals
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London’s Labrys gets €17.5M from Plural and others to fix broken tools in crisis zones
- London-based Labrys, a workforce management platform company, raised approximately €17.5M from investors including Plural to address coordination challenges in crisis zones.
- Funds will be utilized for expanding teams, incorporating advanced AI features, and enhancing stablecoin integrations for reliable payments.
- Labrys, founded by veterans with frontline experience, offers a military-grade platform called Axiom for secure task management and payments in challenging environments.
- Axiom's features include biometric checks, geo-tagged tasks, encrypted communications, and stablecoin disbursements, resulting in cost savings and improved operational efficiency.
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SiliconCanals
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Utrecht’s fintech startup SurePay secures backing from this US-based investment firm
- Utrecht-based SurePay, a payment verification software company, secures a new strategic growth investment from Carlyle Europe Technology Partners (CETP) along with Rabo Investments.
- IRIS exits from SurePay as part of the transaction, after investing in SurePay in 2021 during its first financing round.
- SurePay provides payment verification technology to financial institutions in Europe and the UK, offering solutions such as IBAN-name check, Confirmation-of-Payee, Verification-of-Payee, and Fraud Risk Indicator.
- SurePay plans to utilize the funding to expand its payment verification and fraud prevention solutions, broaden geographic presence, and continue serving blue-chip customers effectively.
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Eu-Startups
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Glovo and Delivery Hero fined €329 million for market manipulation across Europe
- Barcelona-based delivery startup Glovo and German counterpart Delivery Hero have been fined €329 million by the European Commission for market manipulation and anti-competitive practices.
- The companies were found guilty of collusion in the online food delivery sector, including market-sharing agreements, coordination over territorial expansion, and a 'no-poach' pact to not recruit each other's employees.
- The European Commission has imposed fines of €105 million on Glovo and €223 million on Delivery Hero. This case marks the first labor market cartel to be sanctioned under EU rules.
- The investigation revealed that the collusion was facilitated through a blend of informal meetings and electronic communications, affecting the online food delivery sector across the European Economic Area.
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