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newnex.io
Series A · €8M Round

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Enterprise SaaS · Berlin, Germany

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The Network Layer
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DATA & RESEARCHWho invests, where, and why
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Data platforms tell you who invests. Legal and admin tools help you structure deals. Newnex is where you actually find the right co-investor and make the introduction - the layer that was missing.

Cloudsmith Lands $72M Series C to Secure AI-Generated Software Supply Chains
Belfast-founded software infrastructure startup Cloudsmith has raised $72 million in a Series C funding round to help enterprises govern and secure the rapidly growing wave of AI-generated software. The raise marks one of the largest recent tech financings from Northern Ireland and underscores surging investor interest in AI-era cybersecurity infrastructure.The round was led by TCV, with participation from Insight Partners and other existing investors. Both firms also backed Cloudsmith’s earlier Series B round, signaling continued conviction in the company’s market position and growth trajectory.Founded in 2016, Cloudsmith provides a cloud-native artifact management platform that helps engineering teams host, control, distribute, and secure software packages, containers, binaries, and dependencies across development pipelines. As enterprises adopt AI coding tools, the volume of generated code components has surged creating new governance and security challenges.The company’s platform acts as a control layer for software supply chains, allowing enterprises to mirror public registries such as PyPI, Docker Hub, Maven, and npm into secure private environments while applying policy controls, access management, and vulnerability scanning.Cloudsmith has also expanded into AI and machine learning artifact governance through tools such as model registries and enterprise policy management, helping organizations manage datasets and ML models with the same rigor as software packages.The new capital will be used to accelerate product development and expand go-to-market operations as Fortune 500 and Global 2000 companies increasingly migrate from legacy platforms toward modern cloud-native alternatives.As AI agents generate code faster than humans can manually review it, Cloudsmith is positioning itself as critical infrastructure for the next generation of software development where security, compliance, and automation must scale together.
Team S · 19 hours ago
BALLAS Raises ¥2.4B Series B to Transform Construction Supply Chains with AI
Tokyo-based construction technology startup BALLAS has raised ¥2.4 billion (approximately $16 million) in a Series B funding round to accelerate growth of its AI-powered end-to-end supply chain platform for the construction industry. The raise highlights increasing investor interest in digitizing one of the world’s largest yet least efficient sectors.The latest funding brings BALLAS’ total capital raised to ¥4.9 billion, providing the company with fresh resources to scale operations, deepen product capabilities, and expand adoption across Japan’s construction ecosystem.Founded in Tokyo, BALLAS is building a technology platform that streamlines sourcing, procurement, manufacturing coordination, logistics, and delivery of building materials and components. By combining AI, software automation, and supply chain intelligence, the company aims to reduce delays, lower costs, and improve transparency across fragmented construction workflows.Construction remains one of the most operationally complex industries globally, often challenged by labor shortages, manual procurement systems, unpredictable timelines, and disconnected supplier networks. BALLAS is positioning itself as a digital infrastructure layer that modernizes these outdated processes through data-driven execution.Japan’s construction sector in particular faces rising pressure from an aging workforce, urban redevelopment demand, and the need for greater productivity. This creates a favorable environment for platforms that can automate procurement and optimize supplier coordination at scale.The newly raised capital is expected to support product expansion, engineering growth, broader enterprise partnerships, and geographic scaling as BALLAS targets leadership in construction supply chain technology.As industries worldwide increasingly adopt AI to solve real-world operational bottlenecks, BALLAS is emerging as a key player at the intersection of construction, logistics, and enterprise automation.
Team S · 19 hours ago
Luminai Raises $38M Series B to Scale AI Automation Across Healthcare Operations
San Francisco-based healthtech startup Luminai has raised $38 million in a Series B funding round to expand its AI-powered enterprise automation platform built for healthcare systems, as providers increasingly seek solutions to reduce operational complexity and administrative costs.The round was led by Peak XV Partners, with participation from Define Ventures and continued backing from General Catalyst and Y Combinator. The latest financing brings Luminai’s total capital raised to $60 million, reflecting strong investor confidence in AI-native healthcare infrastructure.Founded in 2020 by Kesava Kirupa Dinakaran, Luminai develops robotic process automation and workflow intelligence software that helps health systems automate complex, repetitive, and fragmented administrative processes. Its platform is designed to handle referrals, patient access, revenue cycle management, compliance, and other high-volume workflows.Unlike traditional task-specific bots, Luminai combines healthcare-trained AI models, a configurable workflow engine, and human-in-the-loop validation to manage end-to-end operations. This allows large health systems to automate processes involving unstructured inputs such as faxes, PDFs, emails, and legacy system data.The company says its platform has already powered more than 12 million automations and delivered rapid ROI for customers, highlighting growing demand for intelligent operations software in a sector facing workforce shortages and rising costs.The newly raised capital will be used to expand product capabilities, grow engineering and deployment teams, and support additional enterprise customers as demand continues to rise for scalable healthcare AI solutions.As hospitals and provider networks shift from experimentation to enterprise-wide AI adoption, Luminai is positioning itself as a foundational operating layer for the future of healthcare administration.
Team S · 20 hours ago
Digantara Raises $50M Series B to Expand India’s Space Intelligence & Defense Capabilities
Bengaluru-based spacetech startup Digantara has raised $50 million in a Series B funding round, marking one of the largest recent financings in India’s private space sector and underscoring growing investor confidence in sovereign space intelligence and defense technology.The round saw participation from 360 ONE Asset, SBI Investments Co Japan, entrepreneur Ronnie Screwvala, along with continued backing from Peak XV Partners and Kalaari Capital. The raise reflects strong momentum behind Indian deeptech startups building globally relevant infrastructure platforms.Founded by Anirudh Sharma, Digantara began as a space situational awareness company focused on tracking orbital debris and objects in space. It has since evolved into a full-stack space surveillance and intelligence company developing integrated sensing hardware, satellites, analytics systems, and ground infrastructure for commercial and sovereign customers.The company’s platform includes AIRA, which connects space-based sensors with ground systems to deliver real-time orbital intelligence. Digantara is also developing dedicated satellite constellations for surveillance and missile warning, positioning itself at the intersection of commercial spacetech and national security applications.The newly raised capital will be used for global expansion beyond India and the United States, including entry into Europe, new manufacturing facilities for optical systems and satellite production, and a major expansion of research and development teams.Digantara is reportedly targeting deployment of 15 space surveillance satellites and two missile-warning satellites between 2026 and 2027, signaling aggressive scaling ambitions in an increasingly strategic market.As geopolitical priorities shift toward space security, sensing, and autonomous defense systems, Digantara is emerging as one of India’s most important deeptech players building critical infrastructure for the future space economy.
Team S · 21 hours ago
Courier Health Raises $50M Series B to Build AI-Powered Patient Experience Platform for Biopharma
US-based healthtech startup Courier Health has raised $50 million in a Series B funding round to expand its AI-powered patient experience platform built for the biopharmaceutical industry, as life sciences companies increasingly prioritize personalized engagement and treatment access support.The round was led by Oak HC/FT, with participation from existing investors and strategic backers, signaling strong confidence in digital infrastructure that helps pharma brands improve patient journeys across complex therapies and specialty care.Founded to modernize how biopharma companies connect with patients, Courier Health provides CRM and patient relationship management software tailored for life sciences organizations. Its platform enables manufacturers to manage onboarding, adherence, support programs, and ongoing communication in a more consumer-grade, data-driven manner.Traditional patient support programs in pharma often rely on fragmented vendors, outdated systems, and disconnected data sources. Courier Health aims to replace this model with a unified platform that helps brands streamline enrollment, improve therapy starts, reduce abandonment, and strengthen long-term patient outcomes.A major focus of the new funding will be expansion of the company’s AI capabilities. These tools are expected to automate workflows, personalize outreach, surface insights for care teams, and improve efficiency across support operations reflecting the broader rise of AI in healthcare engagement.The company plans to use the new capital to scale product development, grow commercial teams, and deepen partnerships with biopharma clients launching specialty medicines in areas such as oncology, rare disease, and immunology.As drug innovation advances rapidly, the patient experience layer has become increasingly important. Courier Health is positioning itself as a next-generation infrastructure provider at the intersection of healthcare, software, and AI helping biopharma companies translate scientific breakthroughs into better real-world access and outcomes
Team S · 2 days ago
Point2 Closes Series B Extension to Power Next-Gen AI Data Center Connectivity
San Jose-based semiconductor infrastructure startup Point2 Technology has closed an extension of its Series B funding round, bringing total Series B capital to $76 million as investor interest intensifies around next-generation AI data center hardware. The latest raise underscores the growing importance of high-speed interconnect solutions as AI workloads scale globally.The extension round was led by Maverick Silicon, with participation from NVentures and UMC Capital. Their backing highlights strong strategic confidence from investors tied closely to semiconductor and advanced computing ecosystems.Founded to solve data transfer bottlenecks inside hyperscale computing systems, Point2 develops RF-based interconnect technology designed to outperform traditional copper and optical connectivity solutions. As AI clusters become larger and more power-intensive, moving data efficiently between chips, racks, and accelerators has become a critical infrastructure challenge.The company’s flagship e-Tube platform uses RF signaling over plastic waveguides to deliver higher bandwidth density, lower latency, improved reach, and better power efficiency. This enables faster accelerator-to-accelerator communication essential for training and inference workloads powering generative AI systems.Point2 is also developing multiple deployment formats including Active RF Cables, near-package modules, and co-packaged solutions, allowing the technology to integrate across future rack-scale compute architectures. These innovations aim to reduce complexity and cost compared with conventional optical alternatives.The new capital will be used to accelerate commercialization, scale engineering teams, and support broader ecosystem deployment as cloud providers and chipmakers seek more efficient infrastructure for AI expansion.As global demand for AI compute surges, Point2 is positioning itself as a critical enabler of the next wave of data center innovation where connectivity performance may matter as much as raw processing power.
Team S · 2 days ago

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