Today's Funding: Biofuel - Bp Ventures led a $10M Series B funding into Los Angeles-based biofuels startup WasteFuel.
Fintech - British fintech banking startup Tandem Bank raised £20M ($25.5M) in fresh funding from Quilam Capital.
- Swiss accounting automation fintech startup Numarics banked €10.2 ($11.1M) seed funding round co-led by UBS and FiveT Fintech, with additional backing from Wingman Ventures and Seed X.
Insurtech - D2C insurance provider Steadily Insurance Agency raised $28.5M in Series B funding led by Zigg Capital, with participation from Matrix Partners, Koch Ventures, Clocktower Technology Ventures, and Nine Four Ventures.
IoT - Singaporean multi-sensing IoT platform maker Name closed its Series A round at $10.5M. Verizon Ventures, Amavi Capital, INSPiRE, and Aconterra contributed the capital.
Social media - Decentralized social network platform Bluesky — a direct competitor to Twitter — raised $8M in seed funding led by Neo.
Transportation - Battery Smart, an Indian electric battery swapping service startup, raised $33M in pre-Series B funding from Tiger Global, Blume Ventures, British International Investment, and The Ecosystem Integrity Fund.
- Dutch hyperloop network technology platform startup Hardt Hyperloop nabbed €12M ($13M) in fresh funding from the European Innovation Council (EIC), InnovationQuarter, and Investment Fund Groningen.
- German EV charging startup ChargeX secured €11.5M ($12.5M) in Series B funding led by UVC Partners. Bayern Kapital, Ponooc, Verve Ventures, Smart Energy Innovations Fund, and BonVenture participated in the round.
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