Stay up-to-date with the latest update in the SaaS industry as we bring you the SaaS Weekly Roundup, which includes but not limited to breaking news on recent SaaS funding rounds. Discover which software-as-a-service companies are securing new investments, driving innovation, and shaping the future of cloud-based solutions.
Latest SaaS Weekly Roundup Funding News
Here we provide some SaaS Weekly Roundup Funding News List.
Summary table of the SaaS funding last week
| Product Name | Category | Funding Type | Amount |
| Job&talent | Workforce Solutions Platform | Working Capital Facility | €250M |
| Genie AI | Legal Assistant (AI-powered) | Series A | $17.8M |
| Passionfroot | Creator Support Platform | Seed | $3.8M |
| Top Down Ventures | Venture Studio | Fund | $10M |
| Socket | Supply Chain Security Platform | Series B | $40M |
| Neysa | AI Acceleration Cloud System | Series A | $30M |
| Zip | Procurement Orchestration Platform | Series D | $190M |
| Keel | No-Code ERP Solutions | Seed | $6M |
| ExoMatter | AI-Driven Materials Research | Pre-Seed | €1.7M |
| Suki | Healthcare AI Solutions | Series D | $70M |
Fasanara Capital & Barclays Provide €250M Facility to Job&talent
Fasanara Capital, with over $4 billion in assets under management, has provided a €250 million working capital facility to Job&Talent, a digital platform for essential work. Partnering with Barclays, this funding is structured as a trade receivables securitization. The facility aims to support Job&Talent’s ongoing expansion as a marketplace for workforce solutions. This collaboration enables Job&Talent to scale further, addressing growing demand in the employment sector.
Genie AI Secures $17.8M in Series A
Genie AI, an AI-powered legal assistant, has successfully raised $17.8 million in Series A funding, with GV (Google Ventures) leading the investment. This funding round increases Genie AI’s total funding to over $20 million. The investment aims to enhance Genie AI’s capabilities and expand its market presence. This growth reflects strong confidence in the potential of AI in the legal sector.
Passionfroot Raises $3.8M for AI Platform
Germany-based Passionfroot has raised $3.8 million in seed funding to support its mission of helping creators grow their businesses. The platform offers tools designed to streamline administrative tasks and facilitate idea sharing, enabling creators to focus on their work. This funding will help enhance its features and expand its reach. Passionfroot aims to empower creators by reducing time spent on non-core activities.
Top Down Ventures Closes $10M Fund
Vancouver’s Top Down Ventures has successfully completed the first close of its Founders Fund I, raising $10 million USD towards a target of $25 million USD ($34 million CAD). The fund will focus on investing in early-stage software startups. This capital will support the venture studio’s mission to foster innovation and entrepreneurship. The funding reflects strong confidence in the growth potential of the software sector.
Visit TopDown Ventures Website
Socket Raises $40M for Supply Chain Security
Socket, a prominent platform focused on safeguarding software supply chains, has successfully raised $40 million in a Series B funding round. The investment was led by Abstract Ventures, highlighting strong support for Socket’s mission. The funding will be used to enhance its security features and expand its offerings.
Neysa Secures $30M in Series A Funding
Neysa, a provider of AI acceleration cloud systems, has successfully raised $30 million in a Series A funding round. The investment was co-led by NTTVC, Z47, and Nexus Venture Partners, reflecting strong interest in Neysa’s innovative solutions. The funding will be used to enhance its AI technologies and expand its market presence. This capital will enable Neysa to better serve its clients and accelerate the development of its cloud-based services. The investment underscores the growing demand for AI-driven solutions in the tech industry.
Zip Raises $190M in Series D Funding
Zip, a leading AI-powered procurement orchestration platform, has announced a significant $190 million in Series D funding. This funding round was led by BOND, emphasizing investor confidence in Zip’s innovative solutions. The capital will be used to enhance Zip’s platform and expand its market reach. With this investment, Zip aims to further revolutionize procurement processes through advanced technology.
Keel Secures $6M for No-Code ERP Solutions
London-based startup Keel has successfully raised $6 million in seed funding to develop its user-friendly platform. This platform enables tech-enabled businesses to build custom operational software without extensive coding knowledge. The funding will help Keel enhance its offerings and expand its market reach. Keel aims to simplify software development for businesses looking to optimize their operations.
ExoMatter Raises €1.7M for Materials Science
ExoMatter, a software platform focused on AI-driven materials research, has raised €1.7 million in a Pre-Seed funding round. The round was led by ZAKA and included participation from Vanagon VC, BayernKapital, 212 NexT, Bloomhaus Ventures, and several female super angels from Encourage Ventures. This funding will help ExoMatter accelerate its development and expand its offerings in the materials science sector. The investment reflects strong confidence in the potential of AI to transform materials research.
Suki Secures $70M in Series D Funding
Suki, based in Redwood City, CA, specializes in AI solutions for healthcare. The company has successfully raised $70 million in Series D funding, increasing its total funding to $165 million. The round was led by Hedosophia and included contributions from notable investors like Venrock, March Capital, and Breyer Capital. This funding will support Suki’s mission to enhance healthcare services through innovative AI technology.
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