The Daily Raise/August 12, 2026
Wednesday, August 12, 2026
5 startup funding rounds surfaced since our last edition, $79.8M raised in total. Yulu tops the day with $63M in Series C funding, led by GEF Capital Partners. The ranking runs all the way down to $1.2M, with startups from India, Denmark, United Kingdom, Finland.
The rounds leading today's news · 5 rounds
No. 1
$63M
Amount raised
Announced Aug 11Series C·Electric mobility·India
Yulu is Provides shared electric vehicles and mobility services across Indian cities.
Yulu raised $63 million in Series C equity led by GEF Capital Partners, alongside $30 million in debt, to expand its electric vehicle fleet and service hubs. The round was led by GEF Capital Partners, with participation from Bajaj Auto, Magna International.
No. 2
$7.5M
Amount raised
Travel technology·Denmark·Aug 12
Entravel Group is Provides white-label travel booking infrastructure and hotel supplier integrations.
Entravel Group will use the funding to secure larger supplier credit facilities, process higher booking volumes, expand its white-label model, and launch a stablecoin-enabled financial layer. The round was led by Ethereal Ventures, with participation from Finality Capital, GSR, Varrock.
No. 3
$6.9M
Amount raised
Series A·Cybersecurity·United Kingdom
Cytix is Helps enterprises identify and manage security risks from rapid software changes.
Cytix will use the Series A funding to accelerate rollout of its software change risk platform. The round was led by Northern Gritstone, with participation from Auriga Cyber Ventures, NPIF II – PXN Equity Finance.
No. 4
$1.2M
Amount raised
Seed·Children's technology·Aug 12
Wippi is Develops screen-free conversational voice AI products for children.
Wippi raised a $1.2 million seed round to develop voice AI, expand its teams, scale manufacturing, and grow direct-to-consumer sales. The round was led by 12 Flags, with participation from Warmup Ventures, Ventana Ventures, Ruvento Ventures.
No. 5
$1.2M
Amount raised
AI software·Finland·Aug 12
STRGY AI is Builds AI software helping organizations track and manage strategy execution.
STRGY AI will use the angel funding to expand commercial operations, develop StrategyOS and support growth. The round was led by Private investors from the UK, Norway, Switzerland and Finland, with participation from Innovestor's Angel CoFund.
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