– Tel Aviv, Israel-based Deci, a company developing a platform to optimize machine learning models, announced that it raised $21 million in a series A round led by Insight Partners with participation from Square Peg, Emerge, Jibe Ventures, Samsung Next, Vintage Investment Partners, and Fort Ross Ventures.
– The investment, which comes a year after Deci’s $9.1 million seed round, brings the company’s total capital raised to $30.1 million and will be used to support growth by expanding sales, marketing, and service operations, according to CEO Yonatan Geifman.

– Sternum from Tel Aviv develops a scalable platform to bring security, observability and data capture to every IoT device.
– Series B $27m round was led by Spark Capital with participation from existing investors Square Peg Capital, the Hinrich Foundation, btov, and other private investors.
– The new investment will be used for R&D – to advance its scalable platform – and for team expansion as the company ramps up global go-to-market efforts.

– Doctor Anywhere from Singapore develops a tech-led healthcare company.
– The company raised US$65.7M in Series C funding.
– The round was led by Asia Partners and also joined by Novo Holdings A/S, Philips Venture, OSK-SBI Ventures and existing investors Square Peg, EDBI, IHH Healthcare, Kamet Capital and Pavilion Capital.
– The new investment will be used to bolster the company’s market leadership, to further deepen its presence in its existing markets, and to expand into new markets.

– Zeller, a fintech company, raised $50m funding.
– The round was led by Spark Capital and joined by Square Peg, Apex Capital Partners and Addition.
– It brings Zeller’s total raised in less than a year to $81m.
– The company launched its first products for small businesses on May 4, including EFTPOS (electronic funds transfer at point of sale) terminals, business accounts and cards.
– About 80% of businesses that started using Zeller switched from Australia’s four biggest banks, citing their desire for lower fees and better customer support.
– Zeller’s new funding will be used to grow its research and engineering hub, including filling 18 new engineering roles that will support Zeller’s plan to become a fully regulated business bank.

– UpGuard is a third-party risk and attack surface management platform.
– Company raised $19m in Series B-1 funding.
– The round was led by IAG Firemark Ventures, the corporate venture capital unit of IAG, the largest general insurer in Australia, Pelion Venture Partners, Square Peg Capital and August Capital.
– The new investment will be used to accelerate the company’s product development and global expansion.

– Zeller, a payment and financial services startup, raised $25m in Series A funding.
– The funding was led by Addition, the investment firm founded by former Tiger Global partner Lee Fixel, and included participation from returning investors Square Peg and Apex Capital.
– The startup previously raised a $6.3m AUD (USD $4.9m) seed round in June 2020.
– Zeller was founded last year by Ben Pfisterer, Square’s former Asia Pacific and Australia head, and Dominic Yap, its strategy and growth lead.
– It has made 38 new hires over the past six months, growing its team to 50 people.
– The funding will be used to expand Zeller’s product development and engineering capabilities, marketing and sales, and customer support teams as it prepares for its launch.

– retrain.ai, a NYC-based provider of a talent intelligence platform that uses AI and Machine Learning to help organizations upskill, retrain and place professionals in new roles, closed a $9M Series A funding round.
– Square Peg made the investment, following their $4M seed round in September 2020, led by Hetz Ventures, with TechAviv and .406 Ventures participating.
– The company will use the funds to accelerate growth and to expand its team.