It’s the beginning of March, and as I’ve done since early this year, it’s time for the Monthly Funding Report
! You can check out past versions here
You might recall a few weeks back I shared that Matteo Scarabelli
corrected me when I predicted that NoCode fundraising had slowed in 2022. Well, he’s on the hook for the monthly funding report going forward - joke’s on you, buddy! 😂
Here’s a snapshot of the top 3 from his wonderfully detailed ‘Low Code Future’
newsletter! Matteo is a pro at capturing VC stats and I highly recommend subscribing to his newsletter if you find this stuff interesting (why wouldn’t you?)!
Here are the top 3 for February!
#2: Pecan AI out of Israel raised $66M
for low code data science.
#3: SKAEL raised $38M
for enterprise process automation.
In total, NoCode and Low Code companies raised almost $400M in February. Not bad for a short month!