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newnex.io
Series A · €8M Round

NovaPay

Enterprise SaaS · Berlin, Germany

50% committed

Basic info ✓Financials ✓DocumentsAllow forward ✓

The Network Layer
for Venture Capital

Where institutional investors connect for syndication, co-investment, and follow-on opportunities.

DATA & RESEARCHWho invests, where, and why
DEAL STRUCTURINGSPVs, fund admin, legal setup
NETWORK LAYERNEWNEX
EXECUTIONClosing, compliance, reporting

Data platforms tell you who invests. Legal and admin tools help you structure deals. Newnex is where you actually find the right co-investor and make the introduction - the layer that was missing.

OpenObserve Raises $10 Million Series A to Accelerate AI-Native Observability
San Francisco-based infrastructure startup OpenObserve has secured $10 million in Series A funding to accelerate growth of its AI-native observability platform. The funding round reflects rising investor demand for modern monitoring and analytics tools as enterprises scale cloud infrastructure, distributed systems, and AI workloads. OpenObserve aims to disrupt legacy observability stacks with lower-cost, high-performance architecture.The round was led by Nexus Venture Partners and Dell Technologies Capital. Both investors had previously backed the company in earlier rounds and reportedly moved preemptively to fund this Series A due to strong enterprise traction and product momentum.OpenObserve offers a unified platform for logs, metrics, traces, real user monitoring, incident management, anomaly detection, and pipeline analytics. The company says its platform delivers 140x lower storage costs with zero database management, positioning it as a cost-efficient alternative to fragmented legacy tools such as ELK and Prometheus-Grafana stacks.The startup has already gained meaningful market adoption, with more than 6,000 organizations using its open-source platform, including multiple Fortune 100 enterprises. Its developer ecosystem has also expanded rapidly, crossing 18,000 GitHub stars, signaling strong open-source credibility.A major differentiator is OpenObserve’s new AI capabilities, including an AI-SRE layer that helps convert raw telemetry into operational intelligence. The platform also includes support for MCP and LLM observability, helping enterprises monitor AI applications alongside backend, frontend, network, and security systems.The fresh capital will likely be used for product innovation, go-to-market expansion, hiring, and deeper enterprise adoption. As AI workloads increase complexity across infrastructure environments, observability platforms like OpenObserve are becoming critical enterprise software layers.
Team S · a minute ago
HyugaLife Raises ₹100 Crore Series A to Scale AI-Powered Wellness Commerce Platform
Mumbai-based health and wellness marketplace HyugaLife has secured ₹100 crore (around $10.5 million) in Series A funding to accelerate growth across technology, supply chain, and omnichannel retail. The funding marks a significant milestone for one of India’s emerging consumer health commerce platforms focused on authentic supplements, proteins, and wellness products.The round was led by IvyCap Ventures, with participation from First Bridge Fund. HyugaLife has also previously attracted backing from Peak XV Partners and Spring Marketing Capital, reflecting sustained investor confidence in the company’s growth trajectory.Founded by Sachin Parikh, Anvi Shah, and Neehar Modi, HyugaLife operates a curated marketplace focused on solving trust issues in India’s supplements category. The platform sources directly from brands, avoids third-party sellers, and conducts independent lab testing for nutrition accuracy and heavy metal checks.The fresh capital will be used to strengthen AI-driven personalisation, helping users discover products aligned with life stage, fitness goals, and wellness needs. Funds will also support expansion of its dark store network for faster deliveries and the launch of an offline retail presence.HyugaLife currently offers more than 10,000 products across 450+ brands, serving athletes, professionals, and families across India. As wellness spending rises and consumers demand verified products, the company is well positioned to become a trusted omnichannel health platform.With consumer health, supplements, and AI-led commerce converging, HyugaLife’s latest raise highlights growing venture interest in India’s digital wellness economy.
Team S · 9 minutes ago
Scout AI Raises $100 Million Series A to Build the AI Brain for Unmanned Warfare
U.S.-based defense technology startup Scout AI has secured $100 million in Series A funding, marking one of the largest early-stage defense tech financings in recent U.S. history. The oversubscribed round will accelerate development of the company’s autonomous warfare foundation model, as investors increasingly back AI-native national security platforms.The funding round was co-led by Align Ventures and Draper Associates, with participation from several strategic and institutional investors. The capital reflects growing demand for dual-use technologies that combine robotics, autonomy, and battlefield intelligence.Founded in 2024 by Coby Adcock and Collin Otis, Scout AI is building Fury, a foundation model designed for unmanned warfare systems. The platform is intended to power autonomous ground vehicles, drones, and other defense assets operating in contested environments with limited human intervention.Scout AI focuses on integrating software autonomy directly into ruggedized military hardware. This allows fleets of unmanned systems to coordinate missions, navigate complex terrain, and support logistics or tactical operations in real time. As modern militaries seek scalable autonomous capabilities, the company is targeting a rapidly expanding defense AI market.The new funding is expected to support model training, engineering hires, hardware testing, customer deployments, and partnerships across U.S. defense and allied security ecosystems. Scout AI has already gained visibility for field training exercises involving autonomous all-terrain vehicles.Scout AI’s latest round reflects a broader global trend where venture capital is moving into defense innovation, especially in AI, robotics, autonomous systems, and strategic infrastructure.
Team S · 42 minutes ago
Tapaya Raises €1 Million Pre-Seed to Modernize In-Person Payments Through Software Infrastructure
Prague-based fintech startup Tapaya has secured €1 million in pre-seed funding to transform how businesses accept in-person payments by replacing legacy payment terminals with software-based infrastructure. The round highlights growing investor demand for fintech platforms simplifying merchant payments, embedded finance, and next-generation checkout systems.The funding round was led by Passion Capital, with co-lead participation from Depo Ventures, alongside follow-on investment from BADideas.fund. The backing from early-stage European investors signals confidence in Tapaya’s vision to remove hardware dependency from offline commerce.Founded by Laura Ďorďová, Roman Kuchařík, and Petr Zahradník, Tapaya is building a software layer that combines compliance, processor integrations, and card-scheme connectivity into a single SDK. This allows developers to embed payment acceptance into Android devices, tablets, kiosks, iOS systems, and enterprise hardware without relying on dedicated card terminals.The company aims to significantly reduce integration timelines from many months to just days by abstracting complex certification and regulatory processes. As global merchants increasingly seek flexible omnichannel payment systems, Tapaya is entering a fast-growing market where software-first payment acceptance is becoming standard.Fresh capital will be used to secure PCI MPoC certification, expand proprietary payment infrastructure across Central and Eastern Europe, and prepare for emerging trends such as AI-powered agentic payments and the digital euro.As physical commerce digitizes rapidly, Tapaya’s funding round reflects a wider shift where payment hardware is being replaced by scalable software platforms.
Team S · a day ago
Windmill Raises $12 Million to Reinvent Performance Reviews With AI-Powered HR Tech
U.S.-based HR technology startup Windmill has secured $12 million in combined pre-seed and seed funding to modernize employee performance reviews through AI-powered talent management software. The raise highlights growing investor appetite for enterprise tools helping organizations make performance tracking more objective, continuous, and defensible in an AI-shaped workplace.Windmill is focused on transforming the traditional annual review model into a more data-driven and real-time performance system. As companies face increasing pressure around fairness, retention, productivity, and workforce planning, startups like Windmill are building next-generation HR infrastructure for modern teams.According to Axios, the company sees a significant market opportunity as AI increases job anxiety and reshapes expectations around employee measurement, productivity, and accountability. Enterprises are now looking for smarter people-ops platforms that support transparent feedback, better manager decisions, and stronger documentation.The new capital is expected to support product development, engineering expansion, go-to-market growth, and deeper enterprise adoption. Windmill enters a large global HR software market where businesses continue investing in tools for employee engagement, talent retention, and performance intelligence.As workforce technology rapidly evolves, Windmill’s funding round reflects how AI is not only changing jobs but also changing how companies evaluate, develop, and retain talent.
Team S · a day ago
Redpine Raises €6.8 Million Seed Round to Build Licensed Data Infrastructure for AI Agents
Stockholm-based AI infrastructure startup Redpine has secured €6.8 million in Seed funding to accelerate the development of licensed data rails for AI agents and enterprise AI systems. The round highlights rising investor demand for startups solving one of artificial intelligence’s biggest bottlenecks: trusted, rights-cleared access to premium data.The funding round was led by NordicNinja, with participation from Luminar Ventures and node.vc. According to reports, the latest raise brings Redpine’s total funding to around €9 million, reinforcing strong confidence in Europe’s emerging AI infrastructure ecosystem.Redpine is building a real-time API platform that allows AI companies and autonomous AI agents to query and pay for premium licensed datasets on demand. The company focuses especially on scientific, financial, legal, healthcare, and other non-public datasets where accuracy, compliance, and provenance are critical.Its model is increasingly relevant as enterprises move AI agents from experimentation into production environments. Many organizations now need reliable data sources that reduce hallucinations, copyright risk, and regulatory exposure. Redpine aims to become the infrastructure layer connecting proprietary data owners with AI builders.The new capital is expected to support international expansion, new enterprise partnerships, deeper security features, and broader access to exclusive data providers. As AI competition intensifies globally, startups building foundational data infrastructure are emerging as high-value players in the next wave of enterprise AI.Redpine’s latest round also reflects Europe’s growing momentum in AI infrastructure, where founders are increasingly building core technologies rather than only end-user applications.
Team S · a day ago

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