Top 10 Startup and Tech Funding News – June 4, 2025

It’s Wednesday, June 4, 2025, and we’re back with your daily funding roundup, spotlighting where capital is moving and which startups are building tomorrow’s breakthroughs.

Today’s list cuts across industries—from AI-powered email security and Earth simulation platforms to embedded insurance, climate tech, and predictive health diagnostics. Whether it’s Bolttech closing a $147 million Series C to expand its embedded insurance network or Hypercraft fueling the future of electric mobility with $26 million, today’s rounds underscore how investors are backing infrastructure, automation, and intelligence at scale.

Funding Highlights

Bolttech headlines with a $147 million raise to push embedded insurance deeper into global markets. Hypercraft pulled in $26 million to accelerate electric powertrain adoption across vehicles and industries. On the AI front, Mind Security and Trustifi secured $30 million and $25 million, respectively, to advance cybersecurity and email protection, while Jua raised €10 million to forecast climate and energy risks through advanced simulations. Meanwhile, healthtech players like Aeon, AIATELLA, and Baobab Insurance are using fresh capital to scale preventive care, medical imaging, and digital risk solutions.

Investor Activity

Today’s top rounds saw active participation from notable firms like Kleiner Perkins, Camber Partners, Viola FinTech, and Ananda Impact Ventures. Investors showed growing interest in platforms at the intersection of automation, analytics, and resilience—from security layers to industrial optimization to climate intelligence.

With strong representation from both U.S. and European markets, today’s funding activity reflects a venture ecosystem that’s not just recovering—it’s recalibrating around precision, speed, and scalable impact.

Here’s the full breakdown of the 10 funding deals we tracked today, complete with investor details, startup focus, and key funding data.

Mind Security Raises $30M Series A for AI-Driven Data Loss Prevention

Mind Security, a Seattle-based startup offering AI-powered data loss prevention solutions, has raised $30 million in a Series A funding round. The round was led by Paladin Capital Group and Crosspoint Capital Partners, and also included participation from Okta Ventures and YL Venture. The new capital will help Mind accelerate the development of its autonomous data security platform, which uses machine learning to identify and stop data breaches before they occur.

Funding Details:

Startup: Mind Security
Investors: Paladin Capital Group (lead), Crosspoint Capital Partners, Okta Ventures, YL Ventures.
Amount Raised: $30 million
Total Raised: Not disclosed
Funding Stage: Series A
Funding Date: June 4, 2025

Aeon Raises €8.2M Seed to Expand AI Preventive Health Platform

Aeon, a Zurich-based HealthTech startup, announced it has closed an €8.2 million seed funding round today. The round was led by London-based VC Concentric, with participation from Calm/Storm Ventures, GoHub Ventures, Kadmos Capital, EWOR and Swiss investor Daniel Gutenberg.

Aeon’s AI-driven health platform combines whole-body MRI scanning, blood biomarker analysis and genetic testing to enable advanced preventive check-ups. The new capital will support Aeon’s expansion in Switzerland, Germany and the UK, and accelerate partnerships with insurers and employers to improve access to its preventive healthcare services.

Funding Details:

Startup: Aeon
Investors: Concentric (lead), Calm/Storm Ventures, GoHub Ventures, Kadmos Capital, EWOR, Daniel Gutenberg.
Amount Raised: €8.2 million
Total Raised: Not disclosed
Funding Stage: Seed
Funding Date: June 4, 2025

Fabriq Raises €22M to Accelerate Industrial Performance Platform

Fabriq, a Paris-based industrial optimization startup, announced the closing of a €22 million funding round today to accelerate the growth of its factory performance SaaS platform. The round was led by Expedition Capital and saw participation from long-time investor OSS Ventures.

Fabriq’s software digitizes lean daily management on the factory floor, giving manufacturers real-time visibility into production KPIs and safety/quality issues. The company said it will use the new funds to ramp up hiring, enhance its platform, and expand sales efforts across Europe and the U.S.

Funding Details:

Startup: Fabriq
Investors: Expedition Capital (lead), OSS Ventures.
Amount Raised: €22 million
Total Raised: Not disclosed
Funding Stage: Series B
Funding Date: June 4, 2025

Baobab Insurance Raises €12M Series A for Cyber Insurance Platform

Baobab Insurance, a Berlin-based insurtech startup providing cyber and digital risk coverage, announced it has raised €12 million in a Series A round. The round was led by Viola FinTech and eCapital, with existing investors Augmentum Fintech and Project A Ventures and industry veteran Christof Mascher also participating.

Baobab will use the funds to advance its active risk mitigation insurance platform and accelerate expansion into other European markets. The company’s technology already bundles cyber insurance with proactive risk management tools, including phishing simulations and training.

Funding Details:

Startup: Baobab Insurance
Investors: Viola FinTech (lead), eCapital, Augmentum Fintech, Project A Ventures, Christof Mascher.
Amount Raised: €12 million
Total Raised: Not disclosed
Funding Stage: Series A
Funding Date: June 4, 2025

Jua Raises €10M Series A to Launch AI-Based Earth Simulation Platform

Jua, a Zurich-based climate tech startup, announced the closing of a €10 million Series A funding round today. The round was co-led by Ananda Impact Ventures and Future Energy Ventures, with continued support from existing backers including 468 Capital and Promus Ventures. Jua has built what it calls the “world’s most advanced AI-based Earth simulation,” using proprietary physics-based models to forecast weather and energy market dynamics.

The new funding will accelerate the commercial rollout of Jua’s Earth Intelligence platform, which helps energy companies and other industries make better planning decisions based on complex environmental simulations.

Funding Details:

Startup: Jua
Investors: Ananda Impact Ventures (co-lead), Future Energy Ventures (co-lead), 468 Capital, Promus Ventures.
Amount Raised: €10 million
Total Raised: Not disclosed
Funding Stage: Series A
Funding Date: June 4, 2025

AIATELLA Raises €2M to Scale AI Cardiovascular Imaging Tools

AIATELLA, a Helsinki-based medical imaging startup, announced that it has secured €2 million in funding to accelerate development of its AI-powered cardiovascular analysis platform. The round was led by Nordic Science Investments and included participation from Harjavalta Ventures, Finnish innovation agency Business Finland, and a syndicate of angel investors.

AIATELLA’s technology automates analysis of vascular imaging (MRI, CT, ultrasound), making image interpretation up to 100 times faster. The company said the funds will support clinical trials and the development of its ultrasound-based preventative screening tool to detect artery narrowing before it leads to heart attacks or strokes.

Funding Details:

Startup: AIATELLA
Investors: Nordic Science Investments (lead), Harjavalta Ventures, Business Finland, Angel investor group.
Amount Raised: €2 million
Total Raised: Not disclosed
Funding Stage: Seed
Funding Date: June 4, 2025

Trustifi Raises $25M Series A for AI-Powered Email Security

Trustifi, a Las Vegas-based email security startup, announced today that it has raised $25 million in a Series A funding round. The round was led by Camber Partners, a growth-focused B2B software investor, marking Camber’s entry into the email protection market.

Trustifi offers a suite of AI-driven products to protect enterprises from phishing, account takeover and other email-borne threats. The company will use the new funding to expand its product roadmap and scale its go-to-market efforts in the competitive email security space.

Funding Details:

Startup: Trustifi
Investors: Camber Partners (lead).
Amount Raised: $25 million
Total Raised: Not disclosed
Funding Stage: Series A
Funding Date: June 4, 2025

Hypercraft Raises $26M Series A to Scale Electric Mobility Systems

Hypercraft, an electric powertrain startup based in Lindon, Utah, announced it has raised $26 million in a Series A round at a $106 million post-money valuation. The round was led by Stalwart Ventures (formerly RevRoad Capital), with participation from Abu Dhabi’s Strategic Development Fund (SDF).

Hypercraft develops software-defined hybrid-electric drive systems for automotive, marine and off-road applications. The new capital will fund further development of Hypercraft’s platform and open-source ecosystem to simplify electric powertrain integration for OEMs and third-party developers.

Funding Details:

Startup: Hypercraft
Investors: Stalwart Ventures (lead), Strategic Development Fund (SDF).
Amount Raised: $26 million
Total Raised: Not disclosed
Funding Stage: Series A
Funding Date: June 4, 2025

Bolttech Closes $147M Series C at $2.1B Valuation to Bolster Embedded Insurance

Bolttech, a Singapore-based embedded insurance platform, announced on Wednesday that it has closed the remaining $47 million of its Series C round, bringing total new funding to $147 million at a $2.1 billion valuation. The initial $100 million tranche of the round was led by Dragon Fund, with participation from Baillie Gifford, Generali, Japanese conglomerate Sumitomo Corporation and Iberis Capital. Bolttech connects insurers with distributors to offer insurance products at the point of sale. The company said it will use the capital to bolster its embedded insurance offerings and expand its global distribution network for ancillary insurance products.

Funding Details:

Startup: Bolttech
Investors: Dragon Fund, Baillie Gifford, Generali, Sumitomo Corporation, Iberis Capital.
Amount Raised: $147 million
Total Raised: Not disclosed
Funding Stage: Series C
Funding Date: June 4, 2025

Sema4.ai (formerly Robocorp) Raises $25M Series A Extension for AI Agent Platform

Sema4.ai, a startup focused on AI-powered software agents, disclosed today that it has raised an additional $25 million in funding as an extension of its Series A round. The extension was backed by the original Series A investors, Benchmark and Mayfield Fund, along with new contributions from Snowflake Ventures, Rocketship VC, MVP Ventures and Cox Enterprises.

Sema4.ai’s platform allows business users to build and manage AI agents via natural language prompts, automating tasks like extracting data from documents. The startup said it will use the funding to further develop its enterprise AI agent platform and onboard new customers.

Funding Details:

Startup: Sema4.ai
Investors: Benchmark (lead), Mayfield Fund, Snowflake Ventures, Rocketship VC, MVP Ventures, Cox Enterprises.
Amount Raised: $25 million
Total Raised: Not disclosed
Funding Stage: Series A
Funding Date: June 4, 2025

Funding Summary Table