Issue #23 • August 5, 2025
Hey SeedRadar Squad! This week, Figma made a powerful public debut, marking the largest tech IPO of 2025. At the same time, Ramp secured massive funding to expand its agentic AI tools for finance, and Motive raised capital to modernize fleet management with its AI platform.
In parallel, a new class of innovations emerged, with significant capital flowing into on-premise cloud computing, retail technology, and AI-powered security platforms. Our featured startup, Félix Pago, is reimagining international money transfers through a WhatsApp chat, while a dynamic array of emerging ventures and innovative AI tools continue to redefine what's possible in the market.
📈 Important News of the Week!
• Ramp raised $500 million in a Series E-2 funding round, achieving a new valuation of $22.5 billion. The funding will be used to deepen product innovation and expand its suite of agentic AI tools designed to automate complex finance tasks for businesses. - Read More
• Motive raised $150 million in a new funding round led by Kleiner Perkins. The investment will help the company expand its AI-powered platform that modernizes fleet management, logistics, and industrial operations. - Read More
• fal announced a $125 million Series C financing. The funding will be used to scale its platform, which provides developers with access to over 600 generative models via a simple API. - Read More
• Figma launched its Initial Public Offering, raising $1.2 billion at an initial valuation of $19.3 billion. The company's stock surged on its first day of trading, with the market capitalization reaching $47.1 billion, marking the largest tech public offering of 2025. - Read More
💰 Hot Funding Rounds You Missed!
• Oxide Computer Company ($100M) -An on-premise cloud computing company that provides a fully integrated rack-scale system, combining hardware and software to deliver hyperscaler-class efficiency and performance for private data centers. - Read More • Augmodo ($37.5M) -A retail technology company using spatial AI and wearable SmartBadges on store associates to create real-time 3D store maps for inventory tracking, task management, and operational efficiency. - Read More • Prophet Security ($30M) -An agentic AI platform for Security Operations Centers (SOCs) that automates workflows across detection engineering, investigations, threat hunting, and incident response to reduce response times and eliminate alert fatigue. - Read More • Conversion ($28M) -An AI-native B2B marketing automation platform that helps companies activate customer data, build custom marketing journeys, and send personalized emails, unifying functions like segmentation, lead scoring, and reporting. - Read More - Read More
🌱 The Next Big Thing: Our Startup Pick!
🎯 This Week's Emerging Star: Félix Pago
Félix Pago is a startup that's making some serious noise in the FinTech space by reimagining how people send money across borders. By focusing on a process familiar to millions, they are definitely one to watch.
So what's their big idea? Félix Pago allows users to send money internationally to countries in Latin America entirely through WhatsApp. We aren't talking about just another money transfer app. Their entire service is built into a WhatsApp chat, allowing users to initiate transfers, provide recipient details, and pay, all within a simple conversation. This removes the need to download a new app or learn a complex interface.
Everyone who sends money to family abroad knows the pain of confusing apps, hidden fees, and waiting in long lines at physical locations. That's exactly what Félix Pago is trying to fix. They are betting that by leveraging a platform that people already use and trust for daily communication, they can make the process of sending money home feel as fast and easy as sending a message to a friend. It is a bold goal to make international remittances a genuinely seamless and positive experience, and that makes Félix Pago a company worth watching very closely.
🚀 Startup Radar: Movers, Shakers & Future Makers
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🛠️ Trending AI Tools to Supercharge Your Workflow!
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💼 Join the Revolution: Hot Startup Jobs!
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💼 Resource of the Week: The Ultimate Strategic Guide!
🚀 Felicis' "AI Has Killed the Traditional SaaS GTM Playbook"
An essential 2024/2025 strategic guide that dissects why the old GTM playbook fails for AI startups. It provides a new framework centered on building a defensible brand, mandatory product-led growth, leveraging media hype, dynamic pricing models, and building community as your primary sales engine.
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Disclosure: Seedradar Ventures and/or its general partner may hold investments in some of the companies mentioned in this newsletter. This content is provided for informational purposes only and should not be considered investment advice.
