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Seed Watch: Recruitment, Spacetech & Petcare Startups Shine as February Funding Rounds Up

Author

Ofodile Iloanya
February 28, 2025

Welcome to our weekly edition of Seed Watch - a segment of Market Insyte Digest focused on sharing some of the latest and most intriguing Pre-seed & Seed funding news grabbing the headlines in the startup world.

As we wrap up February 2025, early-stage startups have raised $1.7 Billion so far this year. In February, startups raised $839.4 million (down 3.48% compared to January)*. Find out the top 3 deals from this week that caught our attention.

  • Startup Name: Perfect

  • Industry: Recruitment

  • Region: Israel

  • Amount (USD): $23 million

  • The problem it is solving: Inefficient Recruitment Processes: Recruitment is a highly manual and time-consuming process, with many companies still struggling with outdated systems. Skill Shortages and Hiring Delays: 88% of HR leaders face difficulty finding suitable candidates, and 77% struggle with skill shortages. Time Wasted on Administrative Tasks: HR professionals often spend excessive time on tasks like sourcing, scheduling, and conducting interviews, which delays the hiring process and reduces focus on relationship-building.

  • What the Funds Will Be Spent On: AI development and enhancement of the agentic AI platform. Expanding recruitment automation features to further streamline workflows. Scaling across new markets, including APAC, in addition to its current presence in North America and select European countries. Launch of the 'AI worker for recruitment teams' to further eliminate manual intervention in the recruitment process.

  • Startup Name: Karman+

  • Industry: SpaceTech

  • Region: USA

  • Amount (USD): $20 million

  • The problem it is solving: Limited Space Resources: The need for sustainable energy and resources in space is growing as satellite systems and space activities expand. Environmental Impact of Earth-Based Manufacturing: Moving manufacturing off Earth could drastically reduce the environmental damage caused by resource extraction and production processes on Earth. Dependence on Earth for Space Operations: Current space operations depend heavily on Earth-based resources, leading to inefficiencies and sustainability concerns.

  • What the Funds Will Be Spent On: Developing first technology demonstration missions to test asteroid mining capabilities. Preparing for customer missions beginning in 2027, laying the groundwork for future space resource extraction operations.

  • Startup Name: Goose

  • Industry: Pet Care

  • Region: USA

  • Amount (USD): $13.4 million

  • The problem it is solving: Inefficient Legacy Systems in Pet Care: Many pet care businesses still rely on outdated software that hinders operational efficiency and customer service. Difficulty in Scaling Operations: Pet care providers struggle with the complexity of managing multi-service offerings (boarding, daycare, grooming, training, retail) while providing excellent customer experiences. Revenue Optimization: Pet care businesses often lack dynamic pricing and tools to optimize revenue through real-time sales, upselling, and booking management.

  • What the Funds Will Be Spent On: Accelerating product development to enhance the Goose platform. Expanding the partnership ecosystem to broaden the company’s network and reach. Supporting the growing demand for Goose’s enterprise-ready solutions as the pet care industry continues to expand.