
Dawn Capital: Europe's leading B2B software investor, partnering with innovative, potential global titans.
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Sander Janca-Jensen . Rasmus Busk . Rasmus Hellmund Carlsen . Peter Lüth
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Estonia-based **Blackwall** secures a $100M Series C round, raising its valuation to **$2.2B**—four times its 2025 valuation. The company develops bot-traffic security tools for hosting providers, addressing AI-driven threats like rogue agents, DDoS attacks, and scraping. Unlike direct-to-website competitors, Blackwall partners with hosting providers to offer customizable security bundles under their branding, sharing revenue. Its tech filters malicious bots via digital fingerprinting and AI intent analysis, while hosting firms control pricing and client relationships. The funding will fuel global expansion and tool development for providers managing AI-agent interactions.
Oct 2026 · TechCrunchNews article
London-based Inforcer raises a $50 million Series C led by Insight Partners to build software that helps managed service providers manage clients’ Microsoft 365 accounts. The company says its business is growing 300% year over year and that it has raised $110 million across three rounds in 18 months. Its products include Shadow AI detection and a threat detection and response tool, and it plans to expand further in the U.S.
Jul 2026 · TechCrunchNews article
Orbio raises $21 million in a Series A led by Dawn Capital to hire and develop more AI agents. Its customers include Poke and YUM! Brands, and the company says The Stepping Stones Group sees 20% more candidates make it through to get hired. Orbio’s agents can interview candidates, assess fit, monitor employee output, and check in with workers throughout their work lifecycle.
Jun 2026 · TechCrunchNews article
Flatpay raises €145 million at a €1.5 billion valuation, becoming a European fintech unicorn as it scales card-payment services for small businesses. The Danish startup says it has 60,000 customers and more than €100 million in ARR, and plans to expand beyond its six current markets while doubling its 1,500-person workforce by the end of next year. It remains unprofitable and is also developing a banking suite.
Nov 2025 · TechCrunchNews article