Morning VC Brief丨2025.01.23

Morning VC Brief is an expert daily curation of tech and venture news. Feel free to forward; the sign-up is here

00. TL;DR

1/ Unstructured Data Platform Instabase raises $100M Series D

2/ German Robotics Startup Neura Robotics raises €120m Series B

3/ Morden Cloud Service Provider Render raises $80M Series C

4/ SaaS Spend Optimization Platform Vertice raises $50M Series C

5/ GTM Startup Clay raises $40M Series B expansion at $1.25B

6/ AI Music Tool Startup Music AI raises $40M Series A

7/ Automating Paperwork For Biotech Collate raises $30M Seed Round

8/ Video Intelligence Platform Coram AI raises $13.8M Series A

01. Venture News

1/ Unstructured Data Platform Instabase raises $100M Series D

Instabase is an AI-powered unstructured data management platform that enables organizations to unlock value from all their data, including unstructured content, at scale.. This round was led by Qatar Investment Authority with participation from Index Ventures, a16z, NEA, and more. Link

2/ German Robotics Startup Neura Robotics raises €120m Series B

Neura Robotics develops robotic assistants used in both industrial and daily settings to enhance robots' cognitive abilities. Its humanoid robot, 4NE-1, is still in the pilot stage; a third generation of it will be released next year. This round was led by Lingotto with participation from HV Capital, Volvo Cars Tech Fund, and more. Link

3/ Morden Cloud Service Provider Render raises $80M Series C

Render provides a unified cloud for developers and teams to host all their applications, databases, and websites. With 2 million developers on the platform, Render is expanding investment in AI infrastructure. This round was led by Georgian with participation from 01A, avra, and more. Link

4/ SaaS Spend Optimization Platform Vertice raises $50M Series C

Vertice is looking to become the integrated backbone of the procurement and finance stack, empowering customers to scale effortlessly and efficiently. This round was led by Lakestar with participation from Bessemer Venture Partners, 83North, and more. Link

5/ GTM Startup Clay raises $40M Series B expansion at $1.25B

Clay help teams get the best data foundation to reach best-fit customers, following 6x growth in 2024. Over 5,000 customers—including OpenAI, Canva, Anthropic, Ramp, and Rippling—use Clay's GTM development environment. This round was backed by Sequoia Capital, First Round Capital and BoxGroup.Link

6/ AI Music Tool Startup Music AI raises $40M Series A

Music AI build ethical AI solutions for audio and music applications—delivering the highest-quality audio separation available. This round was led by Connect Ventures and monashees with participation from NEA, Toba Capital, and more. Link

7/ Automating Paperwork For Biotech Collate raises $30M Seed Round

Collate leverage generative AI tools to streamline the creation of extensive documentation required in drug and medical device development, targeting large life science companies as initial clients. This round was led by Redpoint with participation from First Round Capital, Conviction Embed, and more. Link

8/ Video Intelligence Platform Coram AI raises $13.8M Series A

Coram AI aims to build a robust, multi-product IoT platform that addresses the needs of IT and physical security teams across industries, creating safer and smarter environments. This round was led by Battery Ventures with participation from 8VC and Mosaic Ventures. Link