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Mega Funding Rounds & AI Innovation: David, Scale AI, Cyera & More Winners! 🚀

Mega Funding Rounds & AI Innovation: David, Scale AI, Cyera & More Winners! 🚀

Seed Radar
June 17, 2025

Issue #9 • June 17, 2025

Hey SeedRadar Squad! This week's tech landscape features monumental shifts and strategic moves. We're examining the significant investments that are reshaping the industry, from Scale AI's massive strategic investment from Meta to groundbreaking developments in data security with Cyera and product analytics platforms like PostHog.

Beyond these major headlines, we'll explore standout companies such as David, a protein bar company making strides in the food tech sector, and a variety of other innovative startups gaining momentum. Prepare to explore the trends, tools, and opportunities defining the future of innovation.

📈 Important News of the Week!

The tech world is seeing major funding news as key players secure significant investments. We're witnessing groundbreaking moves, from Scale AI's massive strategic investment from Meta to Cyera's substantial Series E round, and PostHog's impressive Series D funding led by Stripe.

🔥Who is dominating the buzz?

• Scale AI announced a strategic investment reportedly totaling $14.3 billion from Meta. This investment sets a new valuation for Scale AI at $29 billion. - Read More

• Cyera announced the closure of a $540 million Series E funding round. The round for the data security platform had backers including Georgian, Greenoaks, and Lightspeed Venture Partners. - Read More

• PostHog announced it has raised $70 million in a Series D funding round led by digital payments giant Stripe. The funding values the open-source product analytics platform at $920 million, and also saw participation from Y Combinator, GV and Formus Capital. - Read More

💰 Hot Funding Rounds You Missed!

🌟 SEED OF THE WEEK: David ($75M)

→Who They Are: David is a protein bar company incorporated in late September 2023, led by CEO and co-founder Peter Rahal, who previously co-founded and sold the company RXBAR to Kellogg's.

→What They Do: Produces and sells protein bars, available in over 3,000 retail stores. The company recently used a portion of its $75 million funding to acquire Epogee, a food tech company that supplies a key plant-based fat alternative for its products.

→Why it matters (our take): In a food tech market facing a "post hype correction" and shrinking venture funding, David's success is a significant outlier.

-Read More

🔥 More Startups Catching Fire!

• Commons Clinic ($26M) -Provider of an integrated, physician-led specialty healthcare platform combining preventative diagnostics with specialist-driven interventions across multiple domains like orthopedics and cardiovascular health. - Read More

• Slide ($25M) -Provider of a modern, security-first Business Continuity and Disaster Recovery (BCDR) platform built specifically for Managed Service Providers (MSPs). - Read More

• Lumion ($10.7M) -Provider of a comprehensive SaaS operating system for career and trade schools, streamlining student acquisition, financing, and school operations to address the skilled labor gap. - Read More