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Actuate Secures $11.5 Million in Funding to Advance AI-Powered Remote Video Guarding Solutions

Actuate, a leading innovator in computer vision technology for remote video guarding, proudly announces the successful closing of an $11.5 million funding round. This investment was led by Gray Line Partners, with participation from Tribeca Venture Partners, Bling Capital, Tensility Venture Partners, Upside Partnership, and Connexa Capital.

Kickfin Announces a New Integration with the Toast Platform

Kickfin is excited to announce that it has joined the Toast Partner Ecosystem. With Kickfin's Toast integration, Toast customers can instantly calculate tip pools or shares and send payouts directly to their employees' bank of choice — no cash or pay cards required.

Connexa Capital Announces Debut Venture Capital Fund Backed by Strategic Network of Founders, Executives, and Business Leaders

Connexa Capital (“Connexa”), a Miami-based venture capital firm, today announced the final closing of its debut venture capital fund, Connexa Capital Fund I, L.P. (“the Fund”), with over $20 million in commitments, exceeding its initial target. The Fund invests in early-stage technology and software companies with strong fundamentals led by exceptional entrepreneurs. The fund already has five portfolio companies with its investments in FirmPilot, Proxima, Kickfin, Voila, and Integrated Projects.

Connexa Capital, backed by Zumba, Noom founders, closes $20M debut VC fund

Jonathan Beda, the founder of Zumba Fitness edtech spinout Zumbini, has raised $20 million for his debut fund, Connexa Capital Fund I, he told PitchBook exclusively. Connexa Capital will primarily invest in B2B SaaS companies, but the fund’s limited partners include investors with a consumer pedigree, such as Alberto Perlman, co-founder of Zumba; Saeju Jeong, co-founder of healthy-eating app Noom; and Thomas Andruskevich, a former CFO of jewelry giant Tiffany & Co.

Connexa Capital, backed by Zumba, Noom founders, closes $20M debut VC fund

When raising his first VC fund, Jonathan Beda tapped into his deep roots in consumer companies. Beda founded Zumbini, the child-focused edtech startup that spun out of Zumba Fitness. And his LP base includes the co-founders of weight-loss app developer Noom and Zumba. Connexa isn’t ruling out consumer-focused investments. “There’s a lot to love about a direct-to-consumer,” Beda said, citing an instant feedback loop, the potential to go viral and active M&A buyers. But “it’s a bit of a black box,” he added. “It takes some fairly blind testing and spending and iterating that can get expensive, especially if things aren’t going well.”