The Daily Raise/August 24, 2026

The Daily Raise

Monday, August 24, 2026

8 startup funding rounds surfaced since our last edition, $191.3M raised in total. Fasset tops the day with $68M in Series C funding, led by SBI Group. The ranking runs all the way down to $2.5M, with startups from India, Australia, United Kingdom, Germany.

The headliners

The rounds leading today's news · 5 rounds

No. 1

$68M

Amount raised

Fasset

Web3Series C·fintech·Aug 24

Fasset is Operates stablecoin-based neobanking and cross-border financial infrastructure.

Fasset raised a Series C led by SBI Group to expand its regulated financial network and invest in stablecoin settlement, tokenization, and AI-enabled banking. The round was led by SBI Group.

details

No. 2

$42.6M

Amount raised

Third Wave Coffee

coffee retail·India·Aug 24

Third Wave Coffee is Operates coffee cafes and sells beans, cold brew, and desserts.

Third Wave Coffee raised Rs 408 crore, primarily through a primary issuance, to expand markets, enter new cities, and accelerate its dessert business. The round was led by WestBridge Capital, with participation from Creaegis, other angel investors.

details

No. 3

$40M

Amount raised

Quintessent

Series A·Aug 24

Quintessent raised a $40 million Series A funding round.

details

No. 4

$28M

Amount raised

Pay.com.au

Series E·Business payments·Australia

Pay.com.au is Helps small businesses pay bills and earn rewards points on transactions.

Pay.com.au launched its U.S. PayRewards business with US$28 million in new Series E funding to expand rewards-based payment services for small businesses.

details

No. 5

$4.9M

Amount raised

Boldr

Pre-Seed·energy management·United Kingdom

Boldr is Develops smart climate technology and contractor software for heating and cooling systems.

Boldr raised €4.2 million in a pre-Series A round to expand its smart climate technology across North America, develop contractor software, and enter additional heating and cooling markets. The round was led by Unconventional Ventures, with participation from Ada Ventures, Tetrad Ventures, Davidovs Venture Collective.

details

Rising rounds

Growth, Series A and everything in between · 3 rounds

No. 6

$2.7M

Amount raised

Embedd

Pre-Seed·Artificial intelligence infrastructure·United Kingdom

Embedd is Automates chip integration into software ecosystems using digital twins and AI agents.

Embedd raised pre-Seed funding to develop its physical AI infrastructure platform and expand collaboration with semiconductor companies. The round was led by Seedcamp, with participation from Cocoa, Connect Ventures, 2100 Ventures.

details

No. 7

$2.6M

Amount raised

Kazimi

Pre-Seed·mobile cybersecurity·Germany

Kazimi is Secures mobile app data and detects fraudulent marketing activity.

Kazimi raised an oversubscribed pre-seed round to scale technology that secures first-party app data and detects bots and fraudulent activity. The round was led by Market One Capital, with participation from IBB Ventures, Petri Hyökyranta, Janne Peltola.

details

No. 8

$2.5M

Amount raised

WATER

Single sourcephysical AI·India·Aug 24

WATER is Develops adaptive chairs and beds that respond to human physiological signals.

WATER raised $2.5 million led by Endiya Partners to develop and commercialize its adaptive FLOW chair, CAMA bed, and VORTEX physical AI model. The round was led by Endiya Partners, with participation from Pullela Gopichand, Rohit Chennamaneni, Nandan Reddy.

details

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