It’s Friday, June 20th, 2025. And we conclude the week with a fresh slate of global technology fundraising activities that show investors’ appetites are far from cooling. From AI-powered interview tools to fintech rails, cardiac imaging and sustainable seafood tech, today’s lineup reflects an increase in automation, inclusion and climate-conscious solutions.
Although there were no $1 billion Megadales in the headlines of the day, the amount and diversity of early stage funding draws a clear picture. Investors place calculated bets on sectors that address real-world inefficiencies, particularly in healthcare, pay, payments, and procurement.
Notable deals include Cluely’s $15 million Series A growing “cheating smart” AI assistants and FinTech Tensec’s $12 million seed, streamlining cross-border payments. Health-wise, France’s Desty has set aside $6 million to expand its AI-guided heart scans, while Nigerian startups have raised $1.8 million to modernize the salary of companies in Africa.
Investor Activities
Top backers such as Andreessen Horowitz, Costanoa Ventures, White Star Capital and Accion Venture Lab have been strong support for new infrastructure, including AI-first HR tools, crypto-based payment rails, or software for automated procurement.
Below is a complete breakdown of all technology financing transactions announced on June 20, 2025. Includes company overview, key investors and terms.
Cluely raises $15 million Series A to expand AI’s “cheating” tool
The AI startup has announced that it has shut down its $15 million Series A funding round led by Andreessen Horowitz. Cluely said that providing AI assistants for job interviews, exams and sales calls will help new capital improve the product and grow the team. The news was shared on Friday through a video posted to X.
Royley, the company’s co-founder, has created talk (and controversy) on social media by publicly introducing the technology. Cluely’s total funding now amounts to around $20 million. We picked up the 21-year-old in March after landing fan offers just to be kicked out of Colombia.
Funding details:
Startup: cluely
Investor: Andreessen Horowitz
Amount raised: $15m
Total raise: ~$20.3m
Funding Stage: Series a
Funding date: June 20, 2025
Tensec closes $12 million seed round for cross-border payments
Palo Alto-based Fintech Tensec secured $12 million in its seed funding round on June 20, 2025. partner.
Tensec’s platform allows small and medium-sized businesses to provide cross-border, real-time payment services to their clients. The new funds will be used to accelerate TENSEC’s expansion into Europe and Asia, strengthen banking integration in global trade finance, and transform the $190 trillion cross-border payment market.
Founded by former executives of PayPal, Meta, Goldman Sachs, Visa, MasterCard, Rapyd and Credit Karma, Tensec provides infrastructure to global trading companies and forex providers, providing customers with direct cross-border payments and financial services. The company is backed by top-tier investors, operates from its San Francisco headquarters and has additional offices in New York, Mexico City and Sao Paulo.
Funding details:
Startup: Tensec
Investors: Costanoa Ventures (LEAD), Circuit Capital, Willowtree Investments, Cambrian VC, Ignia Partners
Amount raised: 12 m
Total raise: $12m
Funding Stage: Seed
Funding date: June 20, 2025
Deski raises $6 million in seed funding for AI cardiac imaging
French HealthTech Deski announces a 5.8 million euro ($6 million) seed round to support the global rollout of heart-focused cardiac imaging software. Heartfocus is an AI-driven echo scan tool that guides beginner operators through ultrasound heart tests.
The funding round was led by Racine² (an impact fund managed by Serena and Makesense), with participation from BNP Paribas Dévelopement, épopée Gestion, Good Only Ventures, Better Angle and Naco. The company said the fund will promote further software development after launching the FDA market and recent regulatory notices.
Funding details:
Startup: Desk
Investors: Racine² (Lead), BNP Paribas Développement, épopée Gestion, Good Only Ventures, Better Angle, naco
Amount raised: $6m
Total procurement: 6 m
Funding Stage: Seed
Funding date: June 18, 2025
Saturnx closes $3 million seeds for Stablecoin Payments infrastructure
Middle East Fintech Saturx, which offers a stablecoin-based API layer for cross-border payments, confirmed a $3 million seed round in mid-June. According to the media, the round is led by White Star Capital and includes “strategic institutional investors.” release.
Founded in the UAE in 2024, Saturnx’s platform allows banks, money transfers and financial apps to instantly and cheaply move your money through Stablecoins. The company said it has already handled more than $250 million in trading volume. New funding will help Saturn expand from the Gulf to Asia payment corridor, building its regulation and liquidity Infrastructure.
Funding details:
Startup: Saturnx
Investors: White Star Capital (Lead), Strategic Institutional Investors
Amount raised: $3m
Total Procurement: $3m
Funding Stage: Seed
Funding date: June 18, 2025
PaidHr raises $1.8 million seeds to grow African salary platforms
Nigerian HR/payment startup Payhr has closed a $1.8 million seed round led by Accion Venture Lab with participation from existing backers Zrosk, Chui Ventures and Zedcrest capital. Paidhr’s cloud platform automates local and cross-border salaries, compliance and economic benefits for Nigeria and beyond.
Founded in 2020, Paidhr said the new funds will be used to enhance the software and expand the team. Africa. CEO Seye Bandele said the investment will help SMEs expand more effectively by formalizing HR capabilities and providing employees with up-and-run wage access.
Funding details:
Startup: PaidHr
Investors: Accion Venture Lab (LEAD), Zrosk, Chui Ventures, Zedcrest Capital
Amount raised: $1.8m
Total raise: $1.8m
Funding Stage: Seed
Funding date: June 20, 2025
1.75 million euros for Hailia Bags Sustainable Seafood Tech
Finnish seafood technology startup Hylia has raised 1.75 million euros (≈$1.9 million) to turn processed fish waste into human food product. The round attracted new investors Holdix and Ikorni Invest with participation from existing supporters.
Hylia’s process addresses sustainability and food security concerns by turning underused fish parts (heads, fins, frames, etc.) into ready-to-eat seafood products. The company said the investment will fund international licensing partnerships with food processors (including Kalavapriikki and Denmark’s Dana technology) and speed up global expansion.
Funding details:
Startup: Hylia
Investors: Holdix, Ikorni Invest, Nordic FoodTech VC, Heino Group Oy, Tradeka-Sijoitus oy
Amount raised: $1.9m
Total raise: $1.9m
Funding stage: seed (initial stage)
Funding date: June 20, 2025
nevely closes 1.2 million euro seeds for AI procurement
The Finnish AI startup has shut down a seed round of 1.2 million euros (~$1.3 million) to accelerate its “agent AI” procurement platform. The round was led by Failup Ventures with ongoing participation from existing investors Antler.
NVELOP’s software automates enterprise sourcing by generating RFPs, assessing proposals, and managing contracts using AI assistants. Founder Mikko Valorinta said the funding examines Nevelot’s vision to turn boring procurement processes into strategic, real-time decision-making.
Funding details:
Startup: n Development
Investors: Fail-up Venture (Leader), Antler
Amount raised: $1.3m
Total Procurement: $1.3m
Funding Stage: Seed
Funding date: June 20, 2025
Funding Summary Table
Total Funding Stage Funding for Startup Investors (Led and Famous Investors) Funding Date, Andreesen Horowitz (Led) $15m – $20.3m Series June 20, 2025 Tensek Costa No Venture (Led); Quiet Capital; Willowtree Investments; Cambrian VC; Ingia Partners $1200 M $1200 Seed June 20, 2025 DESKIRACINE² (LEAD); BNP Paribas Développement; épopée Gestion; Good only venture. Better Angle; NACO $600 $6 M Seed June 18, 2025 Saturnx White Star Capital (LEAD); Strategic Institutional Investor $300 Million 300 Meters June 18, 2025 PaidHr Accion Venture Lab (LEAD); Zurosk; Chui Ventures; Zedcrest Capital $1.8 M $1.8 M Seed June 20, 2025 Hailia Holdix; Ikorni Invest; Nordic FoodTech VC; Heino Group Oy; Tradeka-sijoitus oy $1.9 m $1.9 m Seed June 20, 2025 Nevely Failup Ventures (LEAD); Antler $1.3 M $1.3 M Seed June 20, 2025
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