{ "source": "https://genztech.blog/funding-tracker/", "license": "Free to cite with attribution + link", "updated": "2026-10-16", "rounds": [ { "company": "Ramp", "amountM": 1850, "amount": "$1.85B", "round": null, "sector": "Corporate cards, spend management and AI finance agents", "sectorGroup": "Fintech and crypto", "investors": "Dragoneer Investment Group (lead), Thrive Capital, Founders Fund, Sands Capital, Avenir Growth (co-leads), Capital International, Fidelity, T. Rowe Price, D1 Capital Partners, Greenoaks, ICONIQ, GIC, Khosla Ventures, Lightspeed Venture Partners and others", "valuation": "$60B", "date": "2026-10-15", "dateDisplay": "October 15, 2026", "what": "Ramp sells corporate cards and finance software that automates spend, bills and accounting. The $1.85B primary round values it at $60B; the company says annualized revenue topped $2B, it is cash-flow positive, and it has raised about $5B in equity in total.", "source": "https://www.prnewswire.com/news-releases/ramp-reaches-60-billion-valuation-as-annualized-revenue-tops-2-billion-302909315.html" }, { "company": "Stand", "amountM": 70, "amount": "$70M", "round": "Series C", "sector": "Disaster-resilience home insurance with simulation models", "sectorGroup": "Fintech and crypto", "investors": "Saga Ventures (lead), Lowercarbon, Eclipse, Equal Ventures, Inspired Capital, Neotribe, Jackson Square Ventures", "valuation": "$1B", "date": "2026-10-15", "dateDisplay": "October 15, 2026", "what": "Stand insures homes in disaster-prone regions, using its physics-based Stand World Model to simulate how each home fares in fire and wind and recommend upgrades, with discounts of up to 70% for resilient homes. The round brings total raised to $130M.", "source": "https://www.prnewswire.com/news-releases/stand-raises-70-million-series-c-at-1-billion-valuation-to-make-the-worlds-homes-resilient-against-natural-disasters-302910105.html" }, { "company": "Mueon", "amountM": 65, "amount": "$65M", "round": "Series A", "sector": "Modular 3D compute and memory hardware for AI data centers", "sectorGroup": "AI infrastructure and chips", "investors": "Maverick Silicon (lead), Intel Capital, Geodesic Capital, Oregon Venture Fund, M-Ventures, Wellington Management, IQT, Defined", "valuation": null, "date": "2026-10-15", "dateDisplay": "October 15, 2026", "what": "Portland-based Mueon builds Cubelets, modular blocks that combine compute, memory, interconnect, power delivery and cooling, targeting up to 10x power and cost efficiency in the same rack space. The money moves Cubelets toward system validation and production; total raised is over $80M.", "source": "https://www.prnewswire.com/news-releases/mueon-raises-65m-in-series-a-funding-to-scale-its-cubelets-exponential-computing-platform-302909367.html" }, { "company": "North.cloud", "amountM": 60, "amount": "$60M", "round": "Series B", "sector": "Cloud, AI and data spend automation", "sectorGroup": "Developer tools", "investors": "PeakSpan Capital (lead), Litquidity Ventures, Companyon Ventures, Alpaca, Uncommon Denominator, Gaingels, Mana Ventures", "valuation": null, "date": "2026-10-15", "dateDisplay": "October 15, 2026", "what": "North.cloud manages and automates spending across cloud, AI and data services for finance and engineering teams, with about $2B in managed cloud spend. The money expands automated cost optimization, integrations and its AI spend management product.", "source": "https://www.prnewswire.com/news-releases/northcloud-raises-60m-series-b-to-unify-spend-intelligence-and-enable-full-automation-across-cloud-ai-and-data-302909322.html" }, { "company": "Sirona Medical", "amountM": 40, "amount": "$40M", "round": "Series D", "sector": "AI radiology software", "sectorGroup": "Health and bio", "investors": "Avidity Partners (lead), 8VC, GreatPoint Ventures, KLT Holdings", "valuation": null, "date": "2026-10-15", "dateDisplay": "October 15, 2026", "what": "Sirona makes RadOS, a cloud radiology platform combining image archiving, reporting, viewing, worklists and workflow AI. The money funds its path to cash-flow positivity, the Sirona Cortex agentic AI layer and an international launch before the end of 2026.", "source": "https://www.prnewswire.com/news-releases/sirona-medical-raises-40m-series-d-as-platform-usage-triples-302909423.html" }, { "company": "Fission", "amountM": 10, "amount": "$10M", "round": "Series A", "sector": "Liquidity for tokenized investment funds", "sectorGroup": "Fintech and crypto", "investors": "Pantera Capital (lead), Circle Ventures, Borderless Capital, Ari Rubenstein", "valuation": null, "date": "2026-10-15", "dateDisplay": "October 15, 2026", "what": "Fission lets eligible holders of tokenized funds such as private credit get liquidity without waiting for redemption cycles, on a permissioned platform built for institutions. The money expands asset coverage, liquidity capacity and institutional integrations.", "source": "https://www.prnewswire.com/news-releases/fission-raises-10m-series-a-led-by-pantera-capital-to-bring-liquidity-to-digital-private-markets-302908670.html" }, { "company": "Labelbox", "amountM": 100, "amount": "$100M+", "round": "Series E", "sector": "Reinforcement learning environments and enterprise agents", "sectorGroup": "AI infrastructure and chips", "investors": "Infinitum Partners (lead), Wipro Ventures, a16z, B Capital, Tau Ventures, Snowpoint Ventures", "valuation": null, "date": "2026-10-14", "dateDisplay": "October 14, 2026", "what": "Labelbox sells reinforcement learning environments and evaluation infrastructure to frontier AI labs (Horizon) and managed agents to enterprises. The more than $100M Series E includes equity and a credit facility; the company says it reached profitability in 2026 and works with over 90% of leading U.S. AI labs.", "source": "https://www.prnewswire.com/news-releases/labelbox-raises-100-million-in-series-e-funding-to-advance-reinforcement-learning-and-enterprise-ai-agents-302909147.html" }, { "company": "Duvo", "amountM": 32, "amount": "$32M", "round": "Series A", "sector": "AI agents for enterprise operations", "sectorGroup": "AI agents and apps", "investors": "Balderton Capital (lead), Index Ventures, Northzone, Credo Ventures", "valuation": null, "date": "2026-10-14", "dateDisplay": "October 14, 2026", "what": "Duvo runs approved business processes with AI agents across ERPs, supplier portals, spreadsheets and inboxes, starting with retail and consumer goods. The round brings its total funding to $48M and pays for its expansion with retailers and CPG companies.", "source": "https://www.prnewswire.com/news-releases/duvo-raises-32-million-series-a-to-become-the-one-platform-enterprises-run-their-operations-on-302908575.html" }, { "company": "Tamr", "amountM": 21, "amount": "$21M", "round": "Growth equity", "sector": "AI-native master data management", "sectorGroup": "Developer tools", "investors": "Volition Capital (lead), existing investors", "valuation": null, "date": "2026-10-14", "dateDisplay": "October 14, 2026", "what": "Tamr unifies, cleans and enriches fragmented enterprise records so AI agents and analytics work from one source of truth. The money goes to product work and its agentic data mastering features.", "source": "https://www.prnewswire.com/news-releases/tamr-secures-21-million-in-growth-equity-investment-led-by-volition-capital-to-accelerate-ai-native-master-data-management-302907564.html" }, { "company": "Sonilo", "amountM": 11, "amount": "$11M", "round": null, "sector": "Video-native music and sound models", "sectorGroup": "AI models and labs", "investors": "B Capital (lead), Redpoint", "valuation": null, "date": "2026-10-14", "dateDisplay": "October 14, 2026", "what": "Sonilo builds generative audio models that read a video's timing, movement and emotional arc to produce a matching soundtrack and sound effects. The funding pays for compute, go-to-market across creator and developer platforms, and music licensing.", "source": "https://www.prnewswire.com/news-releases/sonilo-raises-11m-to-build-the-ai-native-audio-stack-for-video-302908461.html" }, { "company": "Mogul", "amountM": 15.5, "amount": "$15.5M", "round": "Series A", "sector": "AI-driven real estate investing platform", "sectorGroup": "Fintech and crypto", "investors": "Draper Associates (lead)", "valuation": "$126M", "date": "2026-10-13", "dateDisplay": "October 13, 2026", "what": "Mogul lets investors buy into real estate through a platform that uses AI for property targeting, performance analysis and asset monitoring. The cash-flow-positive company raised 55% above its $10M target and will spend it on AI infrastructure, hiring and a larger property portfolio.", "source": "https://www.prnewswire.com/news-releases/mogul-secures-oversubscribed-15-5m-series-a-led-by-draper-associates-to-scale-its-ai-driven-real-estate-investing-platform-302906633.html" }, { "company": "TypeSafe AI", "amountM": 870, "amount": "$870M", "round": "Series A", "sector": "Machine-native models (Jev)", "sectorGroup": "AI models and labs", "investors": "Andreessen Horowitz (lead), Sequoia Capital, DCVC, angel investors", "valuation": "$7.5B", "date": "2026-10-09", "dateDisplay": "October 9, 2026", "what": "TypeSafe AI makes Jev, part of its System One family of models, launched in September 2026. Its blog post gives the round as $870M at a $7.5B valuation, with a16z general partner Martin Casado joining the board, and says the money goes to models for developers, enterprise features and hiring.", "source": "https://typesafe.ai/blog/series-ai" }, { "company": "Parallel Systems", "amountM": 100, "amount": "$100M", "round": "Series C", "sector": "Battery-electric autonomous freight rail", "sectorGroup": "Robotics and hardware", "investors": "AVP (lead), Hillspire, Agility Global, Cobalt Capital, Anthos Capital, Congruent Ventures, Riot Capital, Collaborative Fund", "valuation": null, "date": "2026-10-07", "dateDisplay": "October 7, 2026", "what": "Parallel Systems builds battery-electric autonomous rail vehicles that let railroads run short-haul freight that would otherwise go by truck. The money scales manufacturing of its third-generation Panther vehicle and funds commercial and international expansion.", "source": "https://www.prnewswire.com/news-releases/parallel-systems-closes-100m-in-new-funding-to-fully-commercialize-autonomous-freight-rail-system-302900326.html" }, { "company": "Avarra", "amountM": 17, "amount": "$17M", "round": "Series A", "sector": "AI avatars for sales teams", "sectorGroup": "AI agents and apps", "investors": "Duration Ventures (lead), Lightspeed Venture Partners, Draper Associates, GTMfund, Alumni Ventures, Zoom", "valuation": null, "date": "2026-10-06", "dateDisplay": "October 6, 2026", "what": "Avarra captures expertise from company leaders into AI avatars that coach sales reps, prep them before calls, join live deals and answer buyer questions. The round funds engineering and go-to-market hiring.", "source": "https://www.prnewswire.com/news-releases/avarra-raises-17-million-on-a-contrarian-bet-ai-that-rapidly-upskills-gtm-teams-rather-than-simply-automating-routine-work-302899838.html" }, { "company": "Santé", "amountM": 15, "amount": "$15M", "round": "Series A", "sector": "AI operating system for wine and spirits retail", "sectorGroup": "AI agents and apps", "investors": "FINTOP (lead), Bonfire Ventures, Operator Collective, Y Combinator, Veridical Ventures", "valuation": null, "date": "2026-10-06", "dateDisplay": "October 6, 2026", "what": "Santé runs ordering, point of sale, e-commerce, delivery orders, marketing and scheduling for wine and liquor stores, with AI agents for pricing, invoices and customer segments. It says it serves nearly 1,000 retailers and grew 500% in the six months since its $7.6M seed.", "source": "https://www.prnewswire.com/news-releases/sante-raises-15m-series-a-to-expand-the-first-ai-operating-system-for-wine--spirits-retail-302900251.html" }, { "company": "Clockwork.io", "amountM": 31, "amount": "$31M", "round": null, "sector": "GPU cluster failure-resilience software", "sectorGroup": "AI infrastructure and chips", "investors": "Premji Invest, Wing Venture Capital and Seligman Ventures (co-leads), NEA, e& Capital", "valuation": null, "date": "2026-10-05", "dateDisplay": "October 5, 2026", "what": "Clockwork.io makes software that keeps AI training, reinforcement learning and inference jobs running through infrastructure failures, used by LinkedIn, Together AI and WhiteFiber. The round takes its total funding to $73M.", "source": "https://www.prnewswire.com/news-releases/clockworkio-raises-31m-as-linkedin-together-ai-and-whitefiber-adopt-its-resilience-software-to-stop-wasting-gpu-hours-302897586.html" }, { "company": "Arena", "amountM": 200, "amount": "$200M", "round": "Series B", "sector": "AI model and agent evaluation platform", "sectorGroup": "Developer tools", "investors": "Lightspeed Venture Partners and Khosla Ventures (co-leads), Salesforce Ventures, 01 Advisors, Dell Technologies Capital, Acrew Capital, Endeavor Catalyst, a16z, Felicis", "valuation": "$3.1B", "date": "2026-10-08", "dateDisplay": "October 8, 2026", "what": "Arena (formerly LMArena) runs public evaluations of how AI models and agents perform and behave in real-world use, and says it has passed $100M in annualized revenue. It raised the round to keep measuring the AI frontier and launched an Alignment Index preview alongside it.", "source": "https://arena.ai/blog/series-b" }, { "company": "Gallatin AI", "amountM": 50, "amount": "$50M", "round": "Series A", "sector": "AI military logistics software", "sectorGroup": "Defense and space", "investors": "8VC, Silent Ventures and others", "valuation": null, "date": "2026-10-08", "dateDisplay": "October 8, 2026", "what": "Gallatin AI builds Navigator, software that connects logistics data and workflows across U.S. military units to show readiness. The round brings its total raised to $70M and funds a bigger engineering team and faster product development.", "source": "https://www.gallatin.ai/news/series-a-announcement" }, { "company": "Rein Security", "amountM": 25, "amount": "$25M", "round": "Series A", "sector": "Runtime security for enterprise AI agents", "sectorGroup": "Cybersecurity", "investors": "Glilot Capital and Sienna Venture Capital (co-leads), Corner Ventures, Atlacle, RNP Capital Advisors", "valuation": null, "date": "2026-10-08", "dateDisplay": "October 8, 2026", "what": "Rein Security sells a runtime security platform that watches and controls what enterprise AI agents execute. The Series A brings total funding to $35M and goes to product work, agentic security research and global hiring.", "source": "https://www.prnewswire.com/news-releases/rein-security-raises-25-million-to-secure-the-ai-agents-enterprises-build-and-stop-the-ones-that-attack-them-302901591.html" }, { "company": "Nous Research", "amountM": 90, "amount": "$90M", "round": null, "sector": "Open-source AI models and the Hermes Agent", "sectorGroup": "AI models and labs", "investors": "NVIDIA, Microsoft's M12, Samsung, Robot Ventures, Union Square Ventures, Y Combinator, Menlo Ventures and others", "valuation": null, "date": "2026-10-07", "dateDisplay": "early October 2026", "what": "Nous Research makes open-source models and the Hermes Agent, which it says has been cloned over 24 million times. Its CEO's note announcing the $90M raise does not state a round name or valuation.", "source": "https://nousresearch.com/a-note-on-our-fundraise" }, { "company": "Factory", "amountM": 200, "amount": "$200M", "round": null, "sector": "Autonomous software engineering platform for enterprises", "sectorGroup": "Developer tools", "investors": "Blackstone, Khosla Ventures, Sequoia Capital, Insight Partners, Evantic Capital, Sound Ventures, NEA, Mantis VC, Clearlake", "valuation": "$5B", "date": "2026-09-15", "dateDisplay": "September 15, 2026", "what": "Factory builds an enterprise platform that brings autonomy to software engineering, governing the development lifecycle while customers pick their own models and deployment environments, including air-gapped ones. The company says it will use the money for research, product and global go-to-market.", "source": "https://factory.com/news/5-billion-valuation" }, { "company": "Oxide", "amountM": 445, "amount": "$445M", "round": "Series D", "sector": "On-premises cloud computers (full-stack rack systems)", "sectorGroup": "AI infrastructure and chips", "investors": "Eclipse (lead), Atreides Management, AMD Ventures, US Innovative Technology Fund (USIT), Riot Ventures, Jane Street", "valuation": null, "date": "2026-10-09", "dateDisplay": "October 9, 2026", "what": "Oxide Computer Company builds rack-scale on-premises cloud computers that enterprises own and run themselves. It says it reached profitability earlier this year and scaled manufacturing 20x in 12 months; the Series D is working capital to secure components, increase manufacturing and serve customers.", "source": "https://www.prnewswire.com/news-releases/oxide-raises-445m-series-d-as-the-company-proves-vision-of-full-stack-cloud-infrastructure-enterprises-can-own-302903159.html" }, { "company": "KONST", "amountM": 30, "amount": "$30M", "round": "Series B", "sector": "AI compute operator and data centers in Asia (Taiwan)", "sectorGroup": "AI infrastructure and chips", "investors": "ADATA Technology (lead), M Mobility, Pegatron Venture Capital", "valuation": null, "date": "2026-10-09", "dateDisplay": "October 9, 2026", "what": "Taipei-based KONST operates AI compute for large enterprises across compute supply, cloud delivery and AI governance. The Series B funds its AI data center buildout across Asia and its \"Token Factory\" strategy.", "source": "https://www.prnewswire.com/news-releases/konst-raises-30m-series-b-funding-led-by-adata-technology-to-scale-up-ai-data-center-buildout-in-asia-and-advance-its-token-factory-strategy-302903455.html" }, { "company": "Kapta Space", "amountM": 24, "amount": "$24M", "round": "Series A", "sector": "Spaceborne radar payloads for moving target indication", "sectorGroup": "Defense and space", "investors": "Washington Harbour Partners (lead), Bison Ventures (co-lead), MetaVC, MYDA Capital, Entrada Ventures, Aurelia Foundry, Fitz Gate Ventures", "valuation": null, "date": "2026-10-09", "dateDisplay": "October 9, 2026", "what": "Seattle-based Kapta Space builds electronically steerable radar payloads for satellites. The Series A, which brings total funding to $30M, scales production to support multiple classified moving target indication (MTI) contracts it won earlier this year.", "source": "https://www.prnewswire.com/news-releases/kapta-space-raises-24m-series-a-secures-multiple-classified-mti-contracts-302903032.html" }, { "company": "GUDEA", "amountM": 7, "amount": "$7M", "round": "Seed", "sector": "AI narrative intelligence for online conversation", "sectorGroup": "AI agents and apps", "investors": "Mudita Ventures (co-lead), Collide Capital (co-lead)", "valuation": null, "date": "2026-10-09", "dateDisplay": "October 9, 2026", "what": "Minneapolis-based GUDEA tracks where online narratives start, who drives them and how fast they spread, separating authentic engagement from inauthentic behavior. The oversubscribed seed funds product development, wider platform coverage and enterprise growth.", "source": "https://www.prnewswire.com/news-releases/gudea-closes-oversubscribed-7-million-seed-round-to-scale-ai-powered-narrative-intelligence-302903335.html" }, { "company": "Fortastra", "amountM": 30, "amount": "$30M", "round": "Series A", "sector": "Maneuverable spacecraft for on-orbit security", "sectorGroup": "Defense and space", "investors": "First In (lead), Upfront Ventures, Space Capital, Rsquared, Side Door Ventures, ATX Ventures", "valuation": null, "date": "2026-10-08", "dateDisplay": "October 8, 2026", "what": "Fortastra builds maneuverable spacecraft that hold position near satellites and other critical assets in orbit to watch for and respond to threats. The Series A funds development of its on-orbit security platforms, a larger engineering team and manufacturing for high-rate production after its Watchdog V0 mission.", "source": "https://www.prnewswire.com/news-releases/fortastra-raises-30-million-in-series-a-funding-to-scale-maneuverable-spacecraft-for-on-orbit-security-302902001.html" }, { "company": "Vesta", "amountM": 30, "amount": "$30M", "round": "Series B", "sector": "AI agents and loan origination software for mortgage lenders", "sectorGroup": "AI agents and apps", "investors": "Conversion Capital (lead), Pennymac, New American Funding, Citi Ventures, nbkc bank, First American, FirstKey Mortgage, a16z, Zigg, Navitas", "valuation": null, "date": "2026-10-08", "dateDisplay": "October 8, 2026", "what": "Vesta sells a mortgage loan origination system with AI agents that review applications, make underwriting decisions and check closing documents. The Series B brings its total funding to $85M; the company says revenue grew more than 12x in the last twelve months.", "source": "https://www.vesta.com/blog/vesta-raises-30-million-to-scale-its-ai-agents-across-mortgage-lending" }, { "company": "Mecka AI", "amountM": 60, "amount": "$60M", "round": "Series B", "sector": "Real-world human demonstration data for training robots", "sectorGroup": "AI infrastructure and chips", "investors": "Sequoia Capital (lead), NVIDIA, M12, Qualcomm Ventures, Samsung, Kindred, Framework Ventures, Neo", "valuation": null, "date": "2026-10-07", "dateDisplay": "October 7, 2026", "what": "Mecka records how people handle physical objects with its own multi-sensor capture hardware and turns it into training data for robots. The Series B scales that data infrastructure, its internal research lab and commercial robot deployments.", "source": "https://www.mecka.ai/news/series-b" }, { "company": "Meticulous", "amountM": 15, "amount": "$15M", "round": "Series A", "sector": "Automated front-end testing for AI-written code", "sectorGroup": "Developer tools", "investors": "Chemistry (lead)", "valuation": null, "date": "2026-10-06", "dateDisplay": "October 6, 2026", "what": "Meticulous automatically generates and maintains thousands of user-flow tests and flags visual differences before a pull request merges, so teams can ship code written by AI agents. Customers named in the announcement include Notion, ElevenLabs, Dropbox, Wiz and LaunchDarkly.", "source": "https://www.prnewswire.com/news-releases/meticulous-announces-15m-series-a-to-enable-every-developer-to-ship-at-the-speed-their-agents-code-302902609.html" }, { "company": "Stuut", "amountM": 52.5, "amount": "$52.5M", "round": "Series B", "sector": "AI for order-to-cash and accounts receivable", "sectorGroup": "AI agents and apps", "investors": "Insight Partners (lead), Andreessen Horowitz, M12, Activant", "valuation": null, "date": "2026-10-07", "dateDisplay": "October 7, 2026", "what": "Stuut sells an AI system that runs order-to-cash work for enterprises, from credit and collections to cash application and disputes. The Series B came ten months after its Series A and funds the push beyond collections into the full order-to-cash cycle; the company says more than 150 companies use it.", "source": "https://www.stuut.ai/blog/why-we-raised-series-b" }, { "company": "Healthleap", "amountM": 38, "amount": "$38M", "round": "Seed + Series A", "sector": "Clinical AI screening for hospital inpatients", "sectorGroup": "Health and bio", "investors": "Sequoia Capital, First Round Capital, Hummingbird Ventures", "valuation": null, "date": "2026-10-07", "dateDisplay": "October 7, 2026", "what": "Healthleap's software screens every hospital inpatient daily from the health record to flag undiagnosed conditions, starting with malnutrition. The $38M total covers its seed and Series A, announced together.", "source": "https://www.linkedin.com/posts/josiah-meyer_today-were-announcing-38m-in-seed-and-series-ugcPost-7513618127923044352-_688/" }, { "company": "Ampersand", "amountM": 15, "amount": "$15M", "round": "Series A", "sector": "Integration infrastructure for enterprise AI agents", "sectorGroup": "Developer tools", "investors": "Bessemer Venture Partners (lead)", "valuation": null, "date": "2026-10-06", "dateDisplay": "October 6, 2026", "what": "Ampersand builds integration infrastructure that connects enterprise AI agents and SaaS products to systems of record such as Salesforce and HubSpot. The Series A brings its total funding to $20M.", "source": "https://www.ampersand.ai/blog/series-a-integration-infrastructure-for-enterprise-agents" }, { "company": "Melius", "amountM": 25, "amount": "$25M", "round": "Seed + Series A", "sector": "AI agents for creative production", "sectorGroup": "AI agents and apps", "investors": "General Catalyst, CRV, Genius Ventures, Vine Ventures, Anti Fund", "valuation": null, "date": "2026-10-06", "dateDisplay": "October 6, 2026", "what": "Melius builds AI agents that do the production labor of turning a creative idea into finished work. The $25M total covers its seed round and Series A, announced together.", "source": "https://www.melius.com/blog/melius-seed-and-series-a" }, { "company": "Restate", "amountM": 20, "amount": "$20M", "round": "Series A", "sector": "Durable execution runtime for agents and backends", "sectorGroup": "Developer tools", "investors": "Singular (lead), Redpoint Ventures, Capital One Ventures", "valuation": null, "date": "2026-09-30", "dateDisplay": "September 30, 2026", "what": "Berlin-based Restate, from the team behind Apache Flink, makes a durable execution runtime for AI agents and backend services. The round is meant to make durable execution a standard building block for backends rather than something confined to heavyweight workflow engines.", "source": "https://www.restate.dev/blog/announcing-series-a" }, { "company": "Fortem Technologies", "amountM": 50, "amount": "$50M", "round": "Series B", "sector": "Counter-drone airspace security", "sectorGroup": "Defense and space", "investors": "Lockheed Martin (lead), Unusual Machines", "valuation": null, "date": "2026-09-30", "dateDisplay": "September 30, 2026", "what": "Fortem, based in Lindon, Utah, makes airspace security and counter-drone systems. The round closes a Series B that Lockheed Martin opened with a $25M first tranche earlier in 2026.", "source": "https://fortemtech.com/press-releases/2026-09-30-fortem-technologies-closes-50m-series-b-financing-led-by-lockheed-martin/" }, { "company": "Reverion", "amountM": 175, "amount": "$175M", "round": "Series B", "sector": "Solid oxide fuel cell power plants", "sectorGroup": "Energy and power", "investors": "Kembara (lead), Allianz, KfW Capital, Aurum Impact, Carbon Equity", "valuation": null, "date": "2026-09-29", "dateDisplay": "September 29, 2026", "what": "Reverion, a Technical University of Munich spin-off, builds fuel cell power plants that turn biogas, natural gas or hydrogen into on-demand electricity for industrial sites and data centers. Most of the money goes into a German megafactory that lifts capacity tenfold to 250 MW a year.", "source": "https://reverion.com/en/reverion-raises-175m-series-b-to-scale-production-of-its-dispatchable-carbon-negative-power-plants-tenfold/" }, { "company": "Outmarket", "amountM": 34.5, "amount": "$34.5M", "round": "Series B", "sector": "AI operating system for insurance agencies", "sectorGroup": "AI agents and apps", "investors": "SignalFire (lead), Fika Ventures, Permanent Capital Ventures, TTV Capital, Dash Fund", "valuation": null, "date": "2026-09-25", "dateDisplay": "September 25, 2026", "what": "Outmarket automates administrative work such as certificates of insurance for commercial insurance agencies; it says more than 300 agencies and 10,000 users run on it. The Series B came four months after its Series A.", "source": "https://www.outmarket.ai/blog/outmarket-raises-34.5-million-series-b-four-months-after-our-series-a" }, { "company": "OneByZero", "amountM": 20, "amount": "$20M", "round": "Series A", "sector": "Enterprise AI deployment and governance (Asia Pacific)", "sectorGroup": "AI agents and apps", "investors": "Jungle Ventures (lead)", "valuation": null, "date": "2026-10-05", "dateDisplay": "October 5, 2026", "what": "Singapore-headquartered OneByZero deploys AI agents into large companies' existing systems through forward deployed engineers and its NEO platform. The Series A is its first external funding and pays to grow those engineering teams, open in Japan and speed up NEO.", "source": "https://www.onebyzero.ai/press-releases/onebyzero-raises-20-million-series-a-jungle-ventures" }, { "company": "Pandektes", "amountM": 15.8, "amount": "€13.5M (~$15.8M)", "round": "Series A", "sector": "Legal data infrastructure for AI legal research", "sectorGroup": "AI agents and apps", "investors": "Alstin Capital (lead), PROfounders, Scale Capital, existing investors", "valuation": null, "date": "2026-10-05", "dateDisplay": "October 5, 2026", "what": "Copenhagen-based Pandektes collects and structures legislation, court decisions and other legal documents from thousands of sources for lawyers and AI research tools. The money goes toward building what it calls the world's largest legal data infrastructure and opening more of its data through an API.", "source": "https://pandektes.com/blog/pandektes-13-5m-series-a" }, { "company": "Fleuret AI", "amountM": 4.7, "amount": "€4M (~$4.7M)", "round": "Pre-seed", "sector": "Agentic AI penetration testing", "sectorGroup": "Cybersecurity", "investors": "RAISE Ventures (lead), Auriga Cyber Ventures, Wind Capital, Better Angle", "valuation": null, "date": "2026-10-05", "dateDisplay": "October 5, 2026", "what": "Paris-based Fleuret AI automates penetration testing with AI agents that find and exploit weaknesses in customer infrastructure, then re-test fixes. The round funds hires in AI, software engineering and offensive security and a faster platform build-out.", "source": "https://fleuret.ai/news/fleuret-raises-4m" }, { "company": "Profound", "amountM": 180, "amount": "$180M", "round": "Series D", "sector": "AI search visibility and marketing agents", "sectorGroup": "AI agents and apps", "investors": "Sequoia Capital and Kleiner Perkins (co-leads), Lightspeed Venture Partners, Khosla Ventures, Saga Ventures, Evantic, South Park Commons", "valuation": "$1.8B", "date": "2026-09-15", "dateDisplay": "September 15, 2026", "what": "Profound started in AI search analytics for brands and is expanding into AI Marketer, an agent that does research, content and reporting work for marketing teams. The money expands the product and its applied AI research labs in New York and San Francisco.", "source": "https://www.globenewswire.com/news-release/2026/09/15/3362180/0/en/profound-raises-180m-series-d-at-1-8b-valuation-to-build-the-ai-platform-for-marketing-teams.html" }, { "company": "Homeward", "amountM": 120, "amount": "$120M", "round": "Series D", "sector": "Cash-offer and bridge financing for home buyers", "sectorGroup": "Fintech and crypto", "investors": "Saluda Grade (lead), Continental General Insurance Company, Citi Ventures, Magnetar, Harmony Partners, Norwest, Adams Street Partners, LiveOak Ventures, Parker89, Era Ventures, Javelin Venture Partners", "valuation": null, "date": "2026-10-01", "dateDisplay": "October 1, 2026", "what": "Homeward, based in Austin, lets homeowners buy before they sell and make cash-backed offers through real estate agents. The $120M Series D equity comes alongside $330M in asset-backed debt facilities, and pays to expand its cash offer and bridge financing products, improve its platform and reach all 48 contiguous US states.", "source": "https://www.prnewswire.com/news-releases/homeward-secures-120-million-series-d-equity-and-330-million-in-debt-to-expand-cash-offer-and-bridge-financing-solutions-for-real-estate-agents-and-their-clients-302895128.html" }, { "company": "Flow Engineering", "amountM": 50, "amount": "$50M", "round": "Series B", "sector": "Agentic systems engineering for hardware teams", "sectorGroup": "AI agents and apps", "investors": "Valor Equity Partners and Atreides Management (co-leads), Sequoia Capital, Human Capital, Evantic, SV Angel, Odyssey, EQT", "valuation": "$750M", "date": "2026-09-30", "dateDisplay": "September 30, 2026", "what": "Flow Engineering, based in San Francisco, builds an agentic systems engineering platform used by hardware teams at Rivian, Anduril and General Motors. The money goes to building an AI harness for hardware engineering, pursuing FedRAMP authorization and growing its engineering and sales teams.", "source": "https://www.flowengineering.com/blog/series-b-press-release" }, { "company": "doxx.net", "amountM": 38, "amount": "$38M", "round": "Series A", "sector": "Private networks for AI agents (Agentic Defined Networking)", "sectorGroup": "Cybersecurity", "investors": "Andreessen Horowitz (lead), Animo Ventures, Focal.vc", "valuation": null, "date": "2026-10-01", "dateDisplay": "October 1, 2026", "what": "doxx.net, founded by Prolexic founder Barrett Lyon, gives people and their AI agents private, policy-defined networks with DNS-level threat blocking, running on its own IP space and DNS root. The a16z-led Series A launches the open beta of its Agentic Defined Networking platform; a16z partner Joel De La Garza joins the board.", "source": "https://www.businesswire.com/news/home/20261001294246/en/doxx.net-Raises-$38-Million-Led-by-Andreessen-Horowitz-to-Launch-Agentic-Defined-Networking" }, { "company": "OuterSignal", "amountM": 22, "amount": "$22M", "round": "Series A", "sector": "Agentic customer intelligence for consumer brands", "sectorGroup": "AI agents and apps", "investors": "Long Journey Ventures and Abstract Ventures (co-leads), BAM Ventures, Top Shelf Ventures, SuperAngel.Fund, AME Cloud Ventures", "valuation": null, "date": "2026-09-30", "dateDisplay": "September 30, 2026", "what": "OuterSignal, a New York platform launched in January 2026, profiles the individual customers behind a brand's orders and uses that to personalize marketing, ads and merchandising; it says thousands of brands use it. The Series A deepens its research engine and personalization features and grows the team.", "source": "https://www.outersignal.com/blog/series-a" }, { "company": "Quartermaster", "amountM": 100, "amount": "$100M", "round": "Series B", "sector": "Ship-mounted ocean sensing network (SmartMast)", "sectorGroup": "Defense and space", "investors": "Insight Partners (lead), Overmatch Ventures, First Round Capital, Quiet Capital, Steel Atlas, TMV", "valuation": null, "date": "2026-09-28", "dateDisplay": "September 28, 2026", "what": "Quartermaster, an Arlington, Virginia maritime intelligence company, installs its SmartMast sensor platform on working ships so each vessel becomes a node in a real-time ocean data network. The $100 million Series B came with a separate $40 million venture debt facility from Stifel Bank (not counted here) and grows the network after the company raised $43 million earlier in 2026.", "source": "https://www.linkedin.com/posts/quartermasterai_today-were-announcing-140m-in-new-financing-activity-7510342140825128960-uZYT" }, { "company": "Supabase", "amountM": 150, "amount": "$150M", "round": null, "sector": "Postgres backend platform for AI agents", "sectorGroup": "Developer tools", "investors": "GIC (lead), CapitalG, IronArc, SquarePeg", "valuation": null, "date": "2026-10-02", "dateDisplay": "October 2, 2026", "what": "Supabase, the open-source Postgres backend platform, raised $150 million led by GIC four months after its $500 million Series F, and is acquiring Turso, a platform for provisioning databases at scale for agent workloads. The money funds agent-driven database features and employee liquidity; the company says it adds more than 4 million databases a month, 70% of them created by agents or AI tools.", "source": "https://www.prnewswire.com/news-releases/supabase-announces-150m-in-new-funding-and-turso-acquisition-302896752.html" }, { "company": "PaleBlueDot AI", "amountM": 200, "amount": "$200M", "round": "Series C", "sector": "GPU clusters, GPU marketplace, serverless inference", "sectorGroup": "AI infrastructure and chips", "investors": "ComputeCore (lead), B Capital", "valuation": "$3.2B", "date": "2026-10-01", "dateDisplay": "October 1, 2026", "what": "PaleBlueDot AI, a Silicon Valley company founded in 2024 that runs its own GPU clusters, a GPU marketplace and serverless inference, raised a $200 million Series C led by ComputeCore at a $3.2 billion valuation, following a $150 million Series B in January. The money buys more compute capacity; it says it had signed over $5 billion in customer contracts by the end of September 2026.", "source": "https://www.prnewswire.com/news-releases/palebluedot-ai-raises-200m-series-c-round-to-scale-super-intelligence-infrastructure-platform-302896601.html" }, { "company": "Armadin", "amountM": 255.5, "amount": "$255.5M", "round": "Series B", "sector": "Agentic offensive security", "sectorGroup": "Cybersecurity", "investors": "Andreessen Horowitz and Accel (co-leads), Bain Capital Ventures, Redpoint, 8VC, Ballistic Ventures, Google Ventures, In-Q-Tel, Kleiner Perkins, Menlo Ventures", "valuation": "over $2.5B", "date": "2026-10-01", "dateDisplay": "October 1, 2026", "what": "Armadin, the Palo Alto security company led by Mandiant founder Kevin Mandia, runs autonomous agent-driven attack campaigns to find exploitable attack paths for enterprises and government agencies. The Series B brings its total funding to $445 million and pays to scale the platform, its research and training, and go-to-market.", "source": "https://www.prnewswire.com/news-releases/armadin-raises-255-5-million-series-b-to-scale-effective-autonomous-security-302895278.html" }, { "company": "GMI Cloud", "amountM": 223, "amount": "$223M", "round": "Series B", "sector": "GPU cloud and inference", "sectorGroup": "AI infrastructure and chips", "investors": "ARCHIV (lead), NVIDIA, DSC Investment, Trend Micro, KB Investment, Kyobo Life, KT Corporation", "valuation": null, "date": "2026-10-01", "dateDisplay": "October 1, 2026", "what": "GMI Cloud, a Mountain View GPU cloud whose inference platform processes about 4 trillion tokens a week, raised $223 million in Series B equity alongside a separate $445 million credit facility led by CTBC (the debt is not counted here). The money expands GPU capacity in the U.S., Taiwan and the rest of APAC and grows its inference services.", "source": "https://www.prnewswire.com/apac/news-releases/gmi-cloud-raises-over-660-million-to-accelerate-global-ai-infrastructure-expansion-302894628.html" }, { "company": "CScale", "amountM": 145, "amount": "$145M", "round": "Series C", "sector": "Optical interconnect for AI scale-up", "sectorGroup": "AI infrastructure and chips", "investors": "Atreides Management (lead), Valor Equity Partners, Premji Invest (co-lead), Sutter Hill Ventures, Maverick Silicon, NVIDIA, Intel Capital", "valuation": null, "date": "2026-09-30", "dateDisplay": "September 30, 2026", "what": "CScale, a Palo Alto company that came out of stealth with this round, builds optical interconnect that links AI accelerators into one larger scale-up system and is designed to contain optical failures without stopping compute. The Series C brings total funding to $188 million and funds development and commercialization.", "source": "https://www.cscale.ai/press/cscale-exits-stealth" }, { "company": "General Intuition", "amountM": 220, "amount": "$220M", "round": null, "sector": "Action models trained on gameplay video", "sectorGroup": "AI models and labs", "investors": null, "valuation": "$6.2B", "date": "2026-09-29", "dateDisplay": "September 29, 2026", "what": "General Intuition builds what it calls action models, foundation models trained on billions of action-labeled videos that act in real time in environments they have not seen. It announced the $220 million raise at a $6.2 billion valuation as it starts making those models available to outside users.", "source": "https://x.com/gen_intuition/status/2104901412987748860" }, { "company": "SiMa.ai", "amountM": 150, "amount": "$150M", "round": "Series C", "sector": "Physical AI chips and software", "sectorGroup": "AI infrastructure and chips", "investors": "Fidelity Management & Research Company and Amplify (co-leads), AllianceBernstein, Baron Capital, J.P. Morgan, State of Michigan, Alter Venture Partners, Dell Technologies Capital, Maverick Capital, +ND Capital, Point72, StepStone Group", "valuation": "$1.45B", "date": "2026-09-28", "dateDisplay": "September 28, 2026", "what": "SiMa.ai, a San Jose company selling purpose-built silicon and software for robots, cars and drones, raised an oversubscribed Series C that brings total funding to $500 million. The money scales its Palette Neat agentic software environment and funds next-generation hardware targeting 1,000 dense TOPS, slated for the first half of 2028.", "source": "https://sima.ai/press-release/sima-ai-reaches-1-45b-valuation-with-500-million-in-total-funding-to-scale-physical-ai-in-humanoids-automotive-and-drones/" }, { "company": "Varda Space Industries", "amountM": 251, "amount": "$251M", "round": "Series D", "sector": "Microgravity pharmaceutical processing (orbital capsules)", "sectorGroup": "Defense and space", "investors": "Lux Capital and Natural Capital (co-leads), Founders Fund, Khosla Ventures, Caffeinated Capital, General Catalyst, 8090 Industries, Giant Step, Also Capital", "valuation": null, "date": "2026-09-30", "dateDisplay": "September 30, 2026", "what": "Varda builds and flies spacecraft that process drug ingredients in microgravity and return them to Earth. Its $251 million Series D, co-led by Lux Capital and Natural Capital, takes total funding to $598 million and pays for a faster launch and reentry cadence after six successful reentry missions, with more than a dozen more planned through 2028.", "source": "https://www.prnewswire.com/news-releases/varda-announces-251-million-series-d-to-scale-space-based-pharmaceutical-processing-302893651.html" }, { "company": "Metaview", "amountM": 60, "amount": "$60M", "round": "Series C", "sector": "AI recruiting agents", "sectorGroup": "AI agents and apps", "investors": "Insight Partners (lead), GV, Intrepid Growth Partners, Seedcamp, Vertex Ventures US, Plural, Garuda Ventures", "valuation": null, "date": "2026-09-30", "dateDisplay": "September 30, 2026", "what": "Metaview makes AI agents that source candidates, screen applications and write up interviews for more than 7,000 hiring companies. Its $60 million Series C, led by Insight Partners, brings total funding to $110 million and pays for new agents, a New York office and growth from 80 to 250 staff.", "source": "https://www.metaview.ai/resources/blog/metaview-raised-an-additional-60m-to-lead-the-shift-to-agentic-recruiting" }, { "company": "EliseAI", "amountM": 350, "amount": "$350M", "round": null, "sector": "Vertical AI (housing, healthcare)", "sectorGroup": "AI agents and apps", "investors": "Andreessen Horowitz, Bessemer Venture Partners, Ontario Teachers' Pension Plan, Sapphire Ventures, Navitas Capital", "valuation": "$4B", "date": "2026-09-29", "dateDisplay": "September 29, 2026", "what": "EliseAI, the New York company whose AI runs leasing, resident services, maintenance and renewals for one in six U.S. apartments and automates scheduling, intake and insurance checks for specialty medical groups, raised $350 million at a $4 billion valuation, led by a16z and Bessemer. That nearly doubles the $2.2 billion price of its August 2025 Series E and is roughly 20x its $200 million-plus ARR (June 2026), after five straight years of doubling revenue.", "post": "/p/eliseai-350m-4b-valuation-housing-ai/", "source": null }, { "company": "Instinct", "amountM": 1000, "amount": "$1B", "round": "Series C", "sector": "Consumer AI agents", "sectorGroup": "AI agents and apps", "investors": "Sequoia Capital, Benchmark, Coatue", "valuation": "$10B", "date": "2026-09-28", "dateDisplay": "September 28, 2026", "what": "Instinct, the San Francisco personal-agent startup founded by Noah Shinn, raised a $1 billion Series C from Sequoia Capital, Benchmark and Coatue at a $10 billion valuation, roughly 4x the $2.5 billion price of its Series B about a month earlier. The product launched invite-only in August 2026 and works over text message with its own phone number and computer, booking, buying, cancelling and calling on a user's behalf. It has disclosed no revenue or user numbers, so the round is a bet on the consumer-agent category, where Meta's Muse is the scaled rival.", "post": "/p/instinct-ai-agent-1b-series-c-10b-valuation/", "source": null }, { "company": "Snorkel AI", "amountM": 350, "amount": "$350M", "round": "Series E", "sector": "AI training data / RL environments", "sectorGroup": "AI infrastructure and chips", "investors": "Insight Partners and S32 (co-leads), with March Capital, Blumberg Capital, Allegis Capital, Frontline, Standard, Third Point Ventures, Addition, Greylock, Lightspeed, GV, Factory, Prosperity7, Walden Catalyst, Wells Fargo", "valuation": "$3.5B", "date": "2026-09-22", "dateDisplay": "September 22, 2026", "what": "Snorkel AI raised a $350 million Series E at a $3.5 billion valuation on September 22, 2026, nearly triple the $1.3 billion valuation of its $100 million Series D in May 2025. The Stanford AI Lab spinout, led by CEO Alex Ratner, has moved from software that helped companies label training data to selling finished datasets, benchmarks, evaluations and reinforcement-learning environments to frontier labs through what it calls an agentic data factory. Its annualized revenue run rate is above $350 million (TechCrunch puts it at about $375 million, up roughly 18x in a year). Unlike rivals such as Mercor, Handshake and Micro1, which report gross revenue before paying contractors, Snorkel books expert payments as cost of goods sold, so its figure is closer to net.", "post": "/p/snorkel-ai-3-5b-valuation-350m-series-e/", "source": null }, { "company": "Kairos Power", "amountM": 100, "amount": "up to $100M", "round": "Strategic investment", "sector": "Advanced nuclear / AI data center power", "sectorGroup": "Energy and power", "investors": "Samsung C&T ($70M equity + $30M in-kind engineering services)", "valuation": null, "date": "2026-09-21", "dateDisplay": "September 21, 2026", "what": "Samsung C&T committed up to $100 million to Kairos Power, split between $70 million in equity and $30 million in in-kind engineering services, to help build Hermes 2, a 50-megawatt demonstration reactor at Oak Ridge, Tennessee targeted for 2030. The deal is construction expertise as much as capital: Samsung C&T has built or helped build roughly a dozen nuclear reactors worldwide, and Kairos needs that execution capacity to deliver on Google's 2024 agreement for up to 500 megawatts across six to seven reactors by 2035. Kairos's molten-salt, TRISO-fueled design already holds an NRC construction permit for its non-power Hermes test unit, which broke ground in 2024.", "post": "/p/samsung-100m-kairos-power-nuclear-reactor-google/", "source": null }, { "company": "Temporal", "amountM": 550, "amount": "$550M", "round": "Series E", "sector": "Developer infrastructure / durable execution for AI agents", "sectorGroup": "Developer tools", "investors": "Lightspeed, Wellington Management, Growth Equity at Goldman Sachs Alternatives, Tiger Global (co-leads); T. Rowe Price, SV Angel; a16z, Sequoia, Index, GIC, Sapphire Ventures, Amplify (existing)", "valuation": "$12.55B", "date": "2026-09-14", "dateDisplay": "September 14, 2026", "what": "Temporal Technologies raised a $550 million Series E at a $12.55 billion valuation on September 14, 2026, 2.5x the $5 billion valuation of its $300 million Series D in February 2026. The open-source durable-execution platform (born from Uber's Cadence project) preserves workflow state and replays event history after failures, which is why AI agent builders have adopted it: OpenAI's usage grew 60-fold in under a year, Snap runs 414 million Stories a day on it, and JPMorgan Chase and Nvidia are customers. Temporal says annualized revenue run rate passed $250 million (up more than 200% year over year), net dollar retention has held above 200% since February, it processed 1.9 trillion billable actions in August (up 350%), has 4,300+ paying customers (up 139%) and 570 employees. Proceeds go to global expansion, core platform primitives and enterprise reliability and security work.", "post": "/p/temporal-550m-series-e-12-55b-valuation/", "source": null }, { "company": "Pixxel", "amountM": 100, "amount": "$100M", "round": "Series C", "sector": "Space tech / hyperspectral Earth observation", "sectorGroup": "Defense and space", "investors": "Temasek, Seraphim Space (co-lead); 360 ONE Asset, IMM Investment (new); Radical Ventures, growX ventures (existing)", "valuation": null, "date": "2026-09-07", "dateDisplay": "September 7, 2026", "what": "Bangalore-based Pixxel raised a $100 million Series C co-led by Temasek and Seraphim Space, India's largest-ever funding round for a space technology company and bringing Pixxel's total funding to $195 million. The company is expanding beyond its hyperspectral Earth-observation satellites into a broader planetary-infrastructure platform spanning sensing satellites, Earth intelligence software, sovereign space systems and satellite manufacturing, with the funds earmarked for its next-generation Honeybee constellation and its first shortwave-infrared satellite, targeted for launch in 2027.", "post": "/p/pixxel-100m-series-c-india-spacetech/", "source": null }, { "company": "Gimlet Labs", "amountM": 300, "amount": "$300M", "round": "Series B", "sector": "AI infrastructure / multi-silicon inference orchestration", "sectorGroup": "AI infrastructure and chips", "investors": "Andreessen Horowitz (lead); Arm, M12 (Microsoft) (new); Sapphire Ventures, Menlo Ventures, Factory (existing)", "valuation": "$3B", "date": "2026-09-05", "dateDisplay": "September 5, 2026", "what": "San Francisco-based Gimlet Labs raised a $300 million Series B led by Andreessen Horowitz, valuing the AI infrastructure startup at $3 billion just six months after its $80 million Series A. Gimlet builds what it calls the industry's first multi-silicon inference cloud for agentic AI, software that disaggregates inference workloads and routes each phase to whichever chip fits best across Nvidia, AMD, Intel, Arm, Cerebras and d-Matrix hardware, rather than standardizing on one vendor. Since the Series A, the company says it has added billions in contracted revenue and built a gigawatt-scale data-center pipeline.", "post": "/p/gimlet-labs-300m-series-b-multi-silicon-inference/", "source": null }, { "company": "Mistral AI", "amountM": 3500, "amount": "€3B (~$3.5B)", "round": "Series D", "sector": "Sovereign AI / open-weight foundation models", "sectorGroup": "AI models and labs", "investors": "Samsung Electronics (lead); Scaleup Europe Fund / EQT, PSG Equity (co-leads); Advent, BlackRock funds, Grand Duchy of Luxembourg (new); a16z, ASML, DST Global, General Catalyst, Index Ventures, Nvidia, Salesforce Ventures (existing)", "valuation": "€21B+", "date": "2026-09-08", "dateDisplay": "September 8, 2026", "what": "Paris-based Mistral AI raised a €3 billion Series D led by Samsung Electronics, valuing the company at more than €21 billion, which Mistral says is the largest all-equity round any European technology company has closed. The round nearly doubles Mistral's €11.7 billion valuation from its September 2025 Series C. The funding backs Mistral's own European data centers as part of a push toward 200 megawatts of compute capacity by the end of 2027, supporting its \"sovereign AI\" pitch of open-weight models, infrastructure and compute a customer can run without ceding control to a foreign hyperscaler.", "post": "/p/mistral-3b-series-d-samsung-21b-valuation/", "source": null }, { "company": "Guardio", "amountM": 40, "amount": "$40M", "round": "Growth (unnamed round)", "sector": "Consumer cybersecurity / AI-scam defense", "sectorGroup": "Cybersecurity", "investors": "Assaf Rappaport (Wiz co-founder/CEO); ION Crossover Partners, Union Tech Ventures, Vintage Investment Partners, Cerca Partners, Emerge Ventures", "valuation": "$1.1B", "date": "2026-09-03", "dateDisplay": "September 3, 2026", "what": "Tel Aviv-based Guardio raised $40 million at a $1.1 billion valuation, backed personally by Wiz co-founder and CEO Assaf Rappaport, who sold Wiz to Google for $32 billion in March 2026. Guardio brings AI-powered, enterprise-grade cybersecurity to consumers, protecting against scams, phishing, and identity theft across browsing, email, and texting. The round takes Guardio's total funding to $167 million; the company has surpassed 1 million paying customers and $150 million in annual recurring revenue after four straight years of triple-digit growth.", "post": "/p/guardio-40m-funding-1-1b-valuation-ai-scams/", "source": null }, { "company": "Wonderful", "amountM": 550, "amount": "$550M", "round": "Series C", "sector": "Enterprise AI orchestration / AI operating system", "sectorGroup": "AI agents and apps", "investors": "Insight Partners (lead); Salesforce", "valuation": "$5B", "date": "2026-09-02", "dateDisplay": "September 2, 2026", "what": "Amsterdam-based Wonderful raised a $550 million Series C led by Insight Partners, with Salesforce participating, at a $5 billion valuation, more than doubling its worth in under six months. Wonderful builds an open, model-agnostic 'AI operating system' that coordinates agents, workflows, and AI-native applications across an entire enterprise rather than department by department, and can run on any cloud or on-premise.", "post": "/p/wonderful-ai-os-550m-series-c-5b-valuation/", "source": null }, { "company": "Crusoe", "amountM": 3000, "amount": "$3B+", "round": "Growth (unnamed round)", "sector": "AI infrastructure / cloud data centers", "sectorGroup": "AI infrastructure and chips", "investors": "Atreides Management and Valor Equity Partners (co-lead); Mubadala Capital", "valuation": "$30B", "date": "2026-09-03", "dateDisplay": "September 3, 2026", "what": "Crusoe, which began in 2018 as a crypto-mining operation powered by flared natural gas before pivoting entirely to hyperscale AI data centers, raised over $3 billion at a roughly $30 billion valuation, tripling its worth from the $10 billion mark it set just 10 months earlier in an October 2025 round. The raise follows a newly signed $13 billion, five-year contract to supply GPUs and AI infrastructure to quantitative trading firm Jane Street, and Crusoe has reportedly held early talks with Goldman Sachs and Morgan Stanley about a near-term IPO.", "post": "/p/crusoe-3b-raise-30b-valuation/", "source": null }, { "company": "AIR Security", "amountM": 50, "amount": "$50M", "round": "Seed (two rounds, same day)", "sector": "AI agent security / enterprise cybersecurity", "sectorGroup": "Cybersecurity", "investors": "Sequoia Capital ($10M, first close) and Greenoaks Capital ($40M, second close); Swish Ventures, Netz, and angels including Wiz co-founder Yinon Costica, Eon co-founder Ofir Ehrlich, Cognition president Zach Frankel, Clay co-founder Varun Anand, and Anne Neuberger", "valuation": null, "date": "2026-09-01", "dateDisplay": "September 1, 2026", "what": "AIR Security, a six-month-old Israeli startup founded in February 2026 by Yair Saban and Niv Hoffman, emerged from stealth with $50 million in seed funding split into two back-to-back rounds closed the same day: Sequoia Capital led an initial $10 million round, and Greenoaks Capital followed immediately with $40 million. The roughly 40-person company builds a real-time 'firewall for AI agents' that discovers which AI agents are running inside a company, continuously vets the skills and plugins those agents are granted access to, and blocks anomalous or dangerous actions before they execute.", "post": "/p/air-security-50m-seed-ai-agent-firewall/", "source": null }, { "company": "Felix", "amountM": 200, "amount": "$200M", "round": "Series C", "sector": "Fintech / AI-driven remittances", "sectorGroup": "Fintech and crypto", "investors": "Andreessen Horowitz and General Catalyst (co-leads); QED Investors, Castle Island Ventures, Switch Ventures, Contour Venture Partners and Endeavor Catalyst (equity); General Catalyst's Customer Value Fund (debt facility)", "valuation": null, "date": "2026-09-01", "dateDisplay": "September 1, 2026", "what": "Felix (Felix Pago), the Miami-based, AI-powered WhatsApp remittance platform for Latino immigrants, raised $200 million in a Series C split into an $87 million equity round led by Andreessen Horowitz and a separate $113 million debt facility from General Catalyst's Customer Value Fund to fund the actual movement of remittance money. Founded in 2020 by Manuel Godoy and Bernardo Garcia, Felix has now raised nearly $300 million total; the company did not disclose an exact valuation, saying only that it had increased threefold since its Series B, which would put it at unicorn status. Felix delivers remittances as a conversational WhatsApp workflow rather than a separate banking app, using USDC stablecoin rails for cross-border settlement, and plans to use the new capital to expand into loans and savings and to enter new Latin American markets.", "post": "/p/felix-200-million-whatsapp-remittances-series-c/", "source": null }, { "company": "Velaura AI", "amountM": 110, "amount": "$110M", "round": "Series A", "sector": "AI chip power efficiency / silicon IP", "sectorGroup": "AI infrastructure and chips", "investors": "Seligman Ventures (lead); new investors Capricorn Investment Group and Prosperity7 Ventures; existing investors Mayfield, Maverick Silicon, MARA, Premji Invest, Samsung Catalyst Fund, and StepStone Group", "valuation": "$1B+", "date": "2026-08-18", "dateDisplay": "August 18, 2026", "what": "Velaura AI, the chip startup formerly known as Auradine, closed a $110 million Series A that pushed its valuation past $1 billion. The round backs Titan Core, a silicon design and IP platform that targets up to 2x lower overall power draw for AI accelerators, up to roughly 500W of savings on a typical 1000W GPU or XPU. The underlying low-power techniques are already deployed in production across more than 30 million ASICs on leading process nodes. Co-founder and CEO Rajiv Khemani and co-founder and Chief Development Officer Manu Gulati lead a team of semiconductor veterans from Apple, Nvidia, Google, Qualcomm, and Marvell, and the company says it is already engaged with multiple hyperscalers, with an eye toward extending the architecture into robotics, drones, and other Physical AI platforms.", "post": "/p/velaura-ai-110m-series-a-titan-core-power/", "source": null }, { "company": "XPeng Dogotix", "amountM": 900, "amount": "$900M+", "round": null, "sector": "Humanoid robotics / embodied AI", "sectorGroup": "Robotics and hardware", "investors": "IDG Capital (lead); Gaorong Ventures (co-investor); Tencent and Alibaba (strategic); XPeng itself ($200M) and top XPeng executives ($100M) also contributed", "valuation": "$6.3B+", "date": "2026-08-24", "dateDisplay": "August 24, 2026", "what": "Dogotix, XPeng's humanoid robotics subsidiary, closed its first external funding round at over $900 million, valuing the unit above $6.3 billion post-money. XPeng calls it the largest single private-equity round completed in China's embodied-intelligence sector to date. The round breaks into three sources: $600 million from outside investors led by IDG Capital with Gaorong Ventures co-investing and Tencent and Alibaba as strategic backers, $200 million from XPeng's own balance sheet, and $100 million from top XPeng executives personally, including founder and CEO He Xiaopeng. The capital funds mass production of IRON, XPeng's humanoid robot, targeted for the end of 2026, with initial deployment inside XPeng's own stores and campuses and commercial deliveries in China and overseas markets planned for 2027. IRON runs three of XPeng's own Turing chips for up to 2,250 TOPS of on-device compute, moves through 76 degrees of freedom in its body plus 21 in each hand, and uses a proprietary fully enclosed flexible lattice structure rather than a rigid exposed-joint frame. XPeng's US-listed stock (XPEV) fell roughly 6.8% following the announcement, a reminder that the market doesn't automatically reward a capital-intensive spinout even at a record valuation.", "post": "/p/xpeng-dogotix-900m-iron-humanoid-robot/", "source": null }, { "company": "Starcloud", "amountM": 250, "amount": "$250M", "round": "Series A extension", "sector": "Orbital data centers / AI infrastructure", "sectorGroup": "AI infrastructure and chips", "investors": "Manhattan West (lead); new investors NVIDIA, Cisco Investments, Cedar Capital, Goanna Capital and Standard Capital; returning investors Benchmark, EQT, Soma, NFX and 776", "valuation": "$2.3B", "date": "2026-08-21", "dateDisplay": "August 21, 2026", "what": "Starcloud, founded in 2024 and based in Redmond, Washington, builds data centers that run in orbit rather than on the grid. The extension more than doubles the $1.1 billion valuation it set in March 2026 on a $170 million round, five months earlier, and brings total capital raised to $450 million. The pitch is the AI power bottleneck: in orbit the sun never sets, so compute runs on continuous solar without competing for terrestrial grid interconnects. The company has flown the idea rather than just pitched it. Starcloud-1 launched in November 2025 carrying the first data-center-grade GPU put in orbit, roughly 100x more GPU compute than had previously flown, and trained an AI model in space. The stated target is a constellation of 88,000 satellites and 20 gigawatts of orbital compute, with production lines for the next-generation Starcloud-3 spacecraft going up in a new 100,000 square foot facility in Woodinville, Washington. Nvidia joining as a new investor extends the supplier-as-investor pattern that runs through the largest rounds on this tracker. The binding constraint is not capital: it is launch capacity and the cost per kilogram to orbit, plus heat rejection in a vacuum where waste heat can only leave by radiating.", "post": "/p/starcloud-250m-orbital-data-centers-launch-bottleneck/", "source": null }, { "company": "Thrive Holdings", "amountM": 2000, "amount": "$2B", "round": null, "sector": "AI roll-ups / professional services", "sectorGroup": "AI agents and apps", "investors": "SoftBank, D1 Capital Partners, Altimeter Capital; OpenAI holds an equity stake taken in December 2025", "valuation": "$12B", "date": "2026-08-12", "dateDisplay": "August 12, 2026", "what": "Thrive Holdings is the permanent-capital vehicle Thrive Capital spun out in April 2025 with about $1 billion. It is not a software company: it buys accounting firms and IT service providers outright and rebuilds their workflows around AI agents, a model usually described as an AI roll-up. The new $2 billion values it at $12 billion roughly sixteen months after launch. The structural detail that separates it from General Catalyst and other roll-up vehicles is OpenAI, which took an ownership stake in December 2025, sends its own staff to work inside portfolio companies, and sees that stake grow with portfolio performance. The portfolio spans more than 70 acquired businesses under two platforms: Current in accounting (50-plus firms, 2,000-plus professionals) and Shield in IT services (about 20 companies), with a third vertical launching in regulatory services for physical assets and infrastructure. Disclosed results so far are a Codex-built tax-return agent that has processed over 7,000 returns at 98 percent accuracy while cutting prep time about 30 percent, and Shield AI products that sped help-desk resolution 36-fold.", "post": "/p/thrive-holdings-2b-openai-ai-rollup/", "source": null }, { "company": "Lovable", "amountM": 400, "amount": "$400M", "round": "Series C", "sector": "AI app builders / vibe coding", "sectorGroup": "Developer tools", "investors": "Menlo Ventures (lead) and the EQT-managed Scaleup Europe Fund (co-lead); new investors Balderton Capital, Carmignac, Kaszek Ventures, LTS Growth, Tencent, World Innovation Lab and Regent; returning investors Accel, Antler, CapitalG, DST Global, Evantic Capital, HubSpot Ventures and Salesforce Ventures", "valuation": "$13.3B", "date": "2026-08-12", "dateDisplay": "August 12, 2026", "what": "Lovable, founded in 2023 by Anton Osika and Fabian Hedin and launched in November 2024, turns plain-language prompts into working web apps. The Series C doubles the $6.6 billion valuation it carried after its $330 million Series B in December 2025, and follows a $200 million Series A at $1.8 billion in mid-2025. The notable detail is the price rather than the size: Lovable reported $500 million in annualized run rate as of June 2026, so the round was struck at roughly 26 times revenue, down from about 33 times at the December round, and closer to 22 times against the $600 million run rate the company expects by the end of August 2026. The valuation doubled while the revenue multiple compressed. The money funds the commercial layer around generated apps rather than the code generation itself: payments, SEO and AI-search visibility, enterprise integrations with Google Workspace, Microsoft 365, Salesforce, Stripe and ElevenLabs, security scanning, governance and AIUC-1 certification, with headcount going to roughly 450 across Stockholm, London, Boston, San Francisco and New York. It is one of the few application-layer companies to reach this valuation tier in a year when the largest rounds we have tracked went to compute, energy and defense manufacturing.", "post": "/p/lovable-400m-series-c-13-3b-valuation/", "source": null }, { "company": "Hadrian", "amountM": 1370, "amount": "$1.37B", "round": "Series D", "sector": "Defense manufacturing / automated factories", "sectorGroup": "Defense and space", "investors": "WCM Investment Management, Washington Harbour Partners, Valor Equity Partners, 137 Ventures and Baillie Gifford (co-leads), with JPMorganChase Strategic Investment Group anchoring via its Security and Resiliency Initiative; participants include 1789 Capital, Morgan Stanley Wealth Management, Apollo funds, T. Rowe Price accounts, CapitalG, Andreessen Horowitz, Founders Fund, Lux Capital, Altimeter and Construct Capital", "valuation": "$7.87B post-money", "date": "2026-08-06", "dateDisplay": "August 6, 2026", "what": "Hadrian, founded by Chris Power, builds highly automated factories that produce precision machined parts for aerospace and defense customers, a model it markets as Factories-as-a-Service. The Series D funds new plants, expanded R&D, dedicated munitions and autonomous systems production lines, and workforce hiring and training. Its footprint at announcement was roughly 3 million square feet across four sites: two in Torrance, California, plus newer plants in Mesa, Arizona and Muscle Shoals, Alabama, both opened within the prior year. The round is notable less for its size than for its composition: a JPMorganChase strategic vehicle dedicated to security and resiliency anchoring alongside crossover investors that typically mark a path to public markets, in a week when every disclosed round above $500 million funded physical capacity rather than software.", "post": "/p/hadrian-1-37b-series-d-automated-defense-factories/", "source": null }, { "company": "Recursive Superintelligence", "amountM": 650, "amount": "$650M", "round": null, "sector": "Frontier AI / self-improving systems", "sectorGroup": "AI models and labs", "investors": "GV (Alphabet), Nvidia, AMD", "valuation": null, "date": "2026-05-01", "dateDisplay": "May 2026", "what": "Recursive Superintelligence, founded by former Salesforce chief scientist Richard Socher, left stealth in May 2026 with $650 million raised. Backers include Alphabet venture arm GV alongside chip vendors Nvidia and AMD. The company is building AI systems that run their own research loop: proposing experiments, executing them, validating results and choosing what to try next without a human directing each step. On July 28, 2026 it committed $410 million of that capital to a multi-year AWS compute agreement, roughly 63 percent of everything it has raised, on the stated thesis that compute substitutes for the headcount a conventional lab would hire. No valuation or round designation was disclosed.", "post": "/p/recursive-410m-aws-compute-deal/", "source": null }, { "company": "Atoms", "amountM": 1700, "amount": "$1.7B", "round": "Equity round", "sector": "Physical AI / industrial robotics", "sectorGroup": "Robotics and hardware", "investors": "Andreessen Horowitz (lead), Bain Capital, Uber, Fifth Wall, Chemistry, A*, K5 Global, Abstract, SV Angel, Alpha Square Group", "valuation": null, "date": "2026-07-22", "dateDisplay": "July 22, 2026", "what": "Travis Kalanick raised $1.7 billion for Atoms, a physical-AI company assembled by rolling his existing businesses into one entity: CloudKitchens, the ghost-kitchen operator, and Pronto, the heavy-industry autonomy firm he acquired from former Uber colleague Anthony Levandowski. Andreessen Horowitz led and Ben Horowitz joined the board. The company targets food, mining and transportation, with a stated near-term goal of a shared wheelbase for robots that different machines can be built on. No valuation was disclosed, which is unusual at this size and likely reflects the roll-in structure rather than reticence: existing CloudKitchens and Pronto shareholders are being exchanged into Atoms, so a single post-money figure would not describe the same thing it does in a conventional round. It is the largest private round of 2026 in the physical-AI category and the clearest sign yet of AI capital rotating out of the model layer.", "post": "/p/atoms-kalanick-1-7b-a16z-physical-ai/", "source": null }, { "company": "DeepSeek", "amountM": 7000, "amount": "$7B", "round": "First external round", "sector": "Frontier AI models", "sectorGroup": "AI models and labs", "investors": "Tencent, CATL, National AI Industry Investment Fund, NetEase, JD.com", "valuation": null, "date": "2026-06-30", "dateDisplay": "June 2026", "what": "DeepSeek completed its first ever external funding round in June 2026 at roughly $7 billion, the largest raise by a Chinese AI startup to date. Reuters and SCMP reported the round at about 50 billion yuan, with founder Liang Wenfeng committing 20 billion yuan of his own money, Tencent weighing 10 billion yuan and battery maker CATL around 5 billion yuan, alongside China's state-backed National Artificial Intelligence Industry Investment Fund, NetEase and JD.com. Pre-close reporting put the post-money valuation between 350 billion and 400 billion yuan, but no final figure was confirmed, so it is left blank here. The round matters beyond its size: a follow-on raise of at least 10 billion yuan at a roughly 480 billion yuan pre-money valuation was paused in July 2026 after a transcript from this round's investor meetings leaked, in which Liang is quoted saying compute access is the entire gap between Chinese and US labs.", "post": "/p/deepseek-pauses-1-5b-raise-leaked-compute-remarks/", "source": null }, { "company": "DeepSeek", "amountM": 7400, "amount": "$7.4B", "round": "Pre-IPO round", "sector": "Frontier AI models", "sectorGroup": "AI models and labs", "investors": "Tencent, JD.com, CATL (reported 5-year lock-up, zero voting rights); China's National AI fund (voting rights, no lock-up)", "valuation": "~$74B (pre-money, targeted)", "date": "2026-08-29", "dateDisplay": "late August 2026", "what": "DeepSeek is closing a second external round, roughly 50 billion yuan ($7.4B), at a pre-money valuation near 500 billion yuan (~$74B), up from the ~$52B level implied by its June 2026 round. China Money Network, SCMP, VKTR and MLQ News report the round is explicit pre-IPO financing ahead of a domestic listing on Shanghai's STAR Market, targeted as early as Q2 2027. Tencent, JD.com and CATL reportedly accepted a 5-year lock-up with zero voting rights, while China's National AI fund secured voting rights with no lock-up.", "post": "/p/deepseek-74-billion-valuation-pre-ipo-round/", "source": null }, { "company": "Etched", "amountM": 300, "amount": "$300M", "round": "Series C", "sector": "AI inference chips", "sectorGroup": "AI infrastructure and chips", "investors": "Sequoia Capital (lead), SK Hynix", "valuation": "$10.3B", "date": "2026-07-23", "dateDisplay": "July 23, 2026", "what": "Etched, founded in 2022 by three Harvard dropouts, raised a $300M Series C led by Sequoia Capital at a $10.3B valuation, roughly doubling its worth in about seven months. Memory maker SK Hynix is among the backers. Etched builds Sohu, an ASIC hard-wired for the transformer architecture behind GPT, Claude and Llama, trading a GPU's flexibility for higher inference throughput per watt on that single architecture. The bet is that inference is becoming the bulk of AI compute spend and that buyers will pay for specialized silicon to undercut Nvidia. The obvious risk is architecture lock-in: an ASIC cannot be reprogrammed if the field moves past the transformer.", "post": "/p/etched-300m-series-c-10-3b-valuation-sohu/", "source": null }, { "company": "Anthropic", "amountM": 5000, "amount": "Up to $5B", "round": "Strategic equity investment", "sector": "Frontier AI models", "sectorGroup": "AI models and labs", "investors": "AMD", "valuation": null, "date": "2026-07-22", "dateDisplay": "July 22, 2026", "what": "AMD committed to a strategic equity investment of up to $5 billion in Anthropic alongside a supply agreement under which Anthropic will deploy up to 2 gigawatts of AMD Instinct MI450 Series GPUs, with the first gigawatt scheduled for the first half of 2027 in AMD Helios rack-scale systems. The capital direction is the notable part: in October 2025 AMD granted OpenAI a warrant for up to 160 million AMD shares in exchange for a 6-gigawatt commitment, effectively paying a customer for anchor demand. Here AMD is buying equity in the customer instead. The ceiling is a maximum rather than a closed round, and neither company disclosed a valuation, tranche schedule or how the investment is staged against the deployment milestones.", "post": "/p/amd-anthropic-5b-investment-2gw-mi450/", "source": null }, { "company": "General Compute", "amountM": 400, "amount": "$400M", "round": "Debt facility (chip-secured)", "sector": "AI inference cloud", "sectorGroup": "AI infrastructure and chips", "investors": "Upper90 (sole lender)", "valuation": null, "date": "2026-07-17", "dateDisplay": "July 17, 2026", "what": "General Compute, an AI inference cloud founded in 2025, borrowed $400M from Upper90 in what appears to be the first financing to pledge inference-specific chips as collateral rather than Nvidia training GPUs. The security is the company's fleet of SambaNova SN50 accelerators, which are inference-only, air-cooled and more power-efficient than comparable GPU systems, properties that make the hardware easier to redeploy and therefore easier to underwrite. This is debt rather than an equity round, and the scale is the story: the company raised just a $15M seed in May 2026, so the lender is underwriting the hardware rather than the balance sheet. Upper90 pioneered chip-backed lending in 2021 with a loan to Crusoe, a structure later adopted at scale by CoreWeave, but every prior deal used training GPUs.", "post": "/p/general-compute-400m-inference-chip-backed-loan/", "source": null }, { "company": "Fireworks AI", "amountM": 1505, "amount": "$1.505B", "round": "Series D", "sector": "AI inference & fine-tuning platform", "sectorGroup": "AI infrastructure and chips", "investors": "Atreides Management, Index Ventures, TCV (co-leads); NVIDIA, Lightspeed, Bessemer, Insight Partners, Ontario Teachers' Pension Plan", "valuation": "$17.5B", "date": "2026-07-16", "dateDisplay": "July 16, 2026", "what": "Fireworks AI, the inference and fine-tuning platform founded by former Meta PyTorch engineers in 2022, raised a $1.505B Series D at a $17.5B valuation, one of the largest venture rounds of 2026 and a 4.4x step up from the $4B valuation on its $250M round in October 2025. The company says annualized revenue crossed $1B (up ~5x year over year) and that it now serves more than 40 trillion tokens a day, up from 15 trillion, with 95% of those tokens coming from specialized rather than off-the-shelf models. Its thesis is that enterprises will increasingly build their own domain-specific models instead of renting frontier APIs, and that serving them at a fifth to a tenth of closed-lab cost is where the value pools. Customers include Uber, Shopify, GitLab, MongoDB, Harvey and Cursor. NVIDIA both supplies its chips and joined the round.", "post": "/p/fireworks-ai-1-5b-series-d-17-5b-valuation/", "source": null }, { "company": "Alpaca", "amountM": 135, "amount": "$135M", "round": null, "sector": "Brokerage infrastructure / tokenized equities", "sectorGroup": "Fintech and crypto", "investors": "Peak XV (lead); Elefund, Opera Tech Ventures (BNP Paribas), Unbound", "valuation": null, "date": "2026-07-16", "dateDisplay": "July 16, 2026", "what": "Alpaca raised $135M in equity led by Peak XV, with major participation from Elefund and returning investors Opera Tech Ventures (BNP Paribas Group's VC arm) and Unbound, alongside roughly $300M in debt financing primarily from Payward (Kraken's parent) and BMO, for a $435M total package. No new valuation was disclosed; January's $150M Series D led by Drive Capital had valued the company at $1.15B. The money funds what Alpaca calls agent-first brokerage and API-first prime brokerage infrastructure, letting institutions reach traditional equities and onchain markets through one integration with AI agents as first-class callers. Alpaca reports monthly active API users up nearly 4x in six months, revenue doubling year over year for three consecutive years, and more than $1.5B in assets under custody for the underlying stocks backing tokenized equities.", "post": "/p/alpaca-135m-agent-first-brokerage-rails/", "source": null }, { "company": "Helsing", "amountM": 1800, "amount": "$1.8B", "round": "Series E", "sector": "Defense AI / autonomous drones", "sectorGroup": "Defense and space", "investors": null, "valuation": "$18B", "date": "2026-07-16", "dateDisplay": "July 14, 2026", "what": "Helsing, the German defense-technology company, raised a $1.8B Series E at an $18B valuation to scale its AI-driven battlefield software and autonomous drones, one of the largest European defense-tech financings on record. The raise landed the same day Quantum Systems closed a $1.2B Series D, underscoring how much venture capital is now flowing into militarized AI as European governments rearm and prioritize sovereign capability.", "post": "/p/helsing-1-8b-series-e-18b-defense-ai/", "source": null }, { "company": "Senra", "amountM": 65, "amount": "$65M", "round": "Series B", "sector": "Defense manufacturing / wire harnesses", "sectorGroup": "Defense and space", "investors": "Lowercarbon, Interlagos (co-leads); General Catalyst, Sequoia, a16z, Founders Fund", "valuation": null, "date": "2026-07-15", "dateDisplay": "July 15, 2026", "what": "Senra, a wire-harness startup founded in 2023 by former SpaceX engineer Jordan Black, raised a $65M Series B to modernize the production of wire harnesses, the bundles of wires and connectors inside nearly every rocket, submarine, drone and defense vehicle. The craft is still done largely by hand on pegboards; Senra wraps it in software (its Amp platform builds a digital twin that guides technicians) plus in-house automation, and says it runs the only federally certified wire-harness training program. It makes about 1,000 harnesses a month across two factories and targets 10,000 a month in 2027. The round, a little over a year after a $25M first raise, is a bet on American reindustrialization and defense-industrial supply resilience.", "post": "/p/senra-65m-series-b-wire-harness/", "source": null }, { "company": "Tripo AI", "amountM": 147, "amount": "~$147M", "round": "Series A extension", "sector": "Generative 3D & world models", "sectorGroup": "AI models and labs", "investors": "4399.com (among backers)", "valuation": null, "date": "2026-07-15", "dateDisplay": "early July 2026", "what": "Tripo AI, which builds generative 3D technology that turns text prompts and images into usable 3D assets and is pushing toward world models, raised about $147M in a Series A extension backed by gaming company 4399.com and others. The round is one of the larger checks into 3D-focused generative AI and reflects a clear rotation of capital past text and image models toward the harder, less saturated modalities that unlock spatial industries, games, robotics simulation, and AR/VR. A gaming backer is the tell: games are the market that will pay for generative 3D first and stress-test it hardest, and the gap between a striking render and a production-ready, riggable asset is exactly where these products succeed or fail.", "post": "/p/tripo-ai-147m-series-a-3d-world-models/", "source": null }, { "company": "Upscale AI", "amountM": 190, "amount": "$190M", "round": "Series A extension", "sector": "AI data-center networking infrastructure", "sectorGroup": "AI infrastructure and chips", "investors": "Premji Invest (lead)", "valuation": "$2B", "date": "2026-07-14", "dateDisplay": "July 2026", "what": "Upscale AI, a Santa Clara startup building the switching and interconnect fabric that stitches thousands of GPUs into a single training cluster, raised a $190M Series A extension led by Premji Invest, bringing total financing to about $500M at a $2B valuation. The size of an 'extension' Series A is the tell: sophisticated capital thinks the AI bottleneck has moved from chips to the network feeding them, since an idle GPU waiting on the wire is wasted capital at data-center scale. Upscale AI sells into the same hyperscalers and neoclouds buying the accelerators, but into a brutal neighborhood wedged between Nvidia's networking bundle and Broadcom's merchant silicon. The valuation is a promise; reference deployments and utilization benchmarks are what will pay for it.", "post": "/p/upscale-ai-190m-series-a-2b-valuation/", "source": null }, { "company": "8090 Solutions", "amountM": 135, "amount": "$135M", "round": null, "sector": "Agentic enterprise software (AI-built apps)", "sectorGroup": "AI agents and apps", "investors": "Salesforce (lead)", "valuation": null, "date": "2026-07-14", "dateDisplay": "July 2026", "what": "8090 Solutions, the Chamath Palihapitiya-led startup that builds custom enterprise software using coordinated teams of AI agents under human-led oversight, raised $135M in a round led by Salesforce. The strategic lead is the signal: the company that defined enterprise SaaS is validating agent-built software as a real market, and gives 8090 credibility and potential distribution into the largest CRM ecosystem. The model, agents for throughput and a human for judgment and sign-off, is the pragmatic middle path enterprises can actually buy. The thesis lives or dies on delivery metrics: cost per app, time to ship, and whether the output survives production.", "post": "/p/8090-solutions-135m-salesforce-agent-software/", "source": null }, { "company": "Poetic", "amountM": 50, "amount": "$50M", "round": "Series A", "sector": "AI infrastructure (adaptive software runtime)", "sectorGroup": "AI infrastructure and chips", "investors": null, "valuation": "$500M", "date": "2026-07-13", "dateDisplay": "July 2026", "what": "Poetic raised a $50M Series A at a reported $500M valuation to build a new class of software it describes as learning like AI but running like code, aimed at the gap between rigid traditional programs and slow, non-deterministic large models. The rich early-stage multiple reflects the 2026 pattern of capital concentrating on the infrastructure and runtime layer that makes AI cheap and reliable to ship, rather than on another foundation model. The bet is that model-like adaptability at code-like cost is a fundable category, provided the traction is real.", "post": "/p/poetic-50m-series-a-neural-software/", "source": null }, { "company": "LinqAlpha", "amountM": 22, "amount": "$22M", "round": "Series A", "sector": "Agentic AI (market intelligence)", "sectorGroup": "AI agents and apps", "investors": null, "valuation": null, "date": "2026-07-13", "dateDisplay": "July 2026", "what": "LinqAlpha raised $22M in a Series A to build agentic AI for market intelligence, gathering and synthesizing the filings, transcripts, news, and market data an investment analyst works across. The round fits the dominant July 2026 pattern of capital flowing to agentic AI in regulated, high-stakes financial workflows, where reliability and traceability matter more than raw model scale. The bet is that the durable value in AI is applied, trustworthy agents wired into a specific workflow rather than another foundation model.", "post": "/p/linqalpha-22m-series-a-agentic-market-intelligence/", "source": null }, { "company": "Zeroth", "amountM": 73.6, "amount": "$73.6M", "round": "Series A", "sector": "Humanoid robotics (physical AI)", "sectorGroup": "Robotics and hardware", "investors": "Ant Group (lead)", "valuation": null, "date": "2026-07-12", "dateDisplay": "July 2026", "what": "Humanoid robotics startup Zeroth raised roughly $73.6M in a Series A led by Ant Group, one of the larger early rounds in a 2026 market pouring capital into physical AI. Ant Group anchoring the round puts a major Chinese fintech and AI player behind the bet that general-purpose humanoids, pairing foundation-model brains with actuators and sensors, are the next platform after chatbots. The check size reflects how capital-intensive the humanoid race is: mechanical engineering, power systems, and real-world AI must all work at once before revenue arrives.", "post": "/p/zeroth-73m-series-a-humanoid-robotics-ant-group/", "source": null }, { "company": "Prometheus", "amountM": 12000, "amount": "$12B", "round": "Series B", "sector": "Applied AI (engineering & manufacturing)", "sectorGroup": "AI models and labs", "investors": "JPMorgan Chase & BlackRock (co-lead)", "valuation": "$41B", "date": "2026-07-12", "dateDisplay": "July 2026", "what": "The AI venture co-founded by Jeff Bezos closed a $12B Series B co-led by JPMorgan Chase and BlackRock, the single largest round and highest valuation in 2026's unicorn cohort, taking total funding to $18.2B. Reports tie Prometheus to AI for engineering and manufacturing, the physical industries where models have lagged software. Balance-sheet institutions leading a round this size signals that applied, industrial AI has moved from thesis to allocation.", "post": "/p/prometheus-bezos-12b-series-b-41b-valuation/", "source": null }, { "company": "SambaNova Systems", "amountM": 1000, "amount": "$1B", "round": "Series F", "sector": "AI chips (inference)", "sectorGroup": "AI infrastructure and chips", "investors": "General Atlantic (lead)", "valuation": "$11B", "date": "2026-07-11", "dateDisplay": "July 2026", "what": "Palo Alto AI-chip maker closed the first tranche of a $1B Series F led by General Atlantic at an $11B valuation, just five months after its last mega-round. The raise funds SambaNova's push to be a credible second source for AI inference against Nvidia, betting that efficient, high-throughput model serving plus a full software stack can pry loose a slice of hyperscaler compute spend.", "post": "/p/sambanova-1b-series-f-11b-ai-chip-valuation/", "source": null }, { "company": "Venice", "amountM": 65, "amount": "$65M", "round": "Series A", "sector": "Private AI", "sectorGroup": "AI agents and apps", "investors": "Dragonfly (lead)", "valuation": "$1B", "date": "2026-07-11", "dateDisplay": "July 2026", "what": "Two-year-old Sheridan, Wyoming startup offering private, surveillance-free access to a wide range of AI models. The Series A sets a $1B valuation on the thesis that privacy is a durable wedge against model providers whose economics depend on retaining and profiling user data.", "post": "/p/venice-65m-series-a-private-ai/", "source": null }, { "company": "Shield AI", "amountM": 1500, "amount": "$1.5B", "round": "Series G", "sector": "Defense autonomy", "sectorGroup": "Defense and space", "investors": null, "valuation": "$12.7B", "date": "2026-07-11", "dateDisplay": "July 2026", "what": "Maker of the Hivemind autonomy software that flies aircraft and drones in GPS- and comms-denied environments; the round is part of a broader $2.25B package and marks a roughly 140% valuation jump in a year as defense tech becomes a durable venture category.", "post": "/p/shield-ai-1-5b-series-g-defense-autonomy/", "source": null }, { "company": "Ollama", "amountM": 65, "amount": "$65M", "round": "Series B", "sector": "AI infrastructure / local model runner", "sectorGroup": "Developer tools", "investors": "Theory Ventures (lead)", "valuation": null, "date": "2026-07-09", "dateDisplay": "July 2026", "what": "Open-source tool that runs open-weight LLMs locally with a single command; the round backs private, on-device inference as open models close the gap with cloud APIs.", "post": "/p/ollama-65m-series-b-local-ai/", "source": null }, { "company": "Norm AI", "amountM": 120, "amount": "$120M", "round": "Series C", "sector": "Legal AI / agentic compliance", "sectorGroup": "AI agents and apps", "investors": "Khosla Ventures (lead), Blackstone, Bain Capital Ventures, Craft Ventures, Coatue", "valuation": "$1.2B", "date": "2026-07-07", "dateDisplay": "July 2026", "what": "Embeds law into AI agents and, via affiliated AI-native firm Norm Law, sells legal outcomes on outcome-based pricing; agents increasingly supervise other companies' AI in regulated environments. Crosses into unicorn territory", "post": "/p/norm-ai-120m-series-c-legal-ai-unicorn/", "source": null }, { "company": "Prime Intellect", "amountM": 130, "amount": "$130M", "round": "Series A", "sector": "AI infrastructure / decentralized training", "sectorGroup": "AI infrastructure and chips", "investors": "Radical Ventures", "valuation": null, "date": "2026-07-09", "dateDisplay": "July 2026", "what": "Decentralized training that coordinates GPUs across many locations to train large models without a single co-located supercluster, an open-compute counter to the closed frontier clusters", "post": "/p/prime-intellect-130m-decentralized-training/", "source": null }, { "company": "Bespoke Labs", "amountM": 40, "amount": "$40M", "round": "Series A", "sector": "AI agent infrastructure / evaluation", "sectorGroup": "Developer tools", "investors": "Wing VC, Mayfield, The House Fund", "valuation": null, "date": "2026-07-09", "dateDisplay": "July 2026", "what": "Builds simulated environments where AI agents are tested and evaluated before production; a reliability layer for agents rather than another foundation model", "post": "/p/bespoke-labs-40m-agent-environments/", "source": null }, { "company": "Proxima Fusion", "amountM": 468, "amount": "€411M", "round": "Series A", "sector": "Deep tech / fusion energy", "sectorGroup": "Energy and power", "investors": "XTX Ventures, Google, RWE", "valuation": null, "date": "2026-07-08", "dateDisplay": "July 2026", "what": "Munich stellarator-fusion startup; one of Europe's largest Series A rounds, taking total funding past €650M including grants toward a demonstration reactor", "post": "/p/proxima-fusion-411m-series-a/", "source": null }, { "company": "Mercury", "amountM": 200, "amount": "$200M", "round": "Series D", "sector": "Fintech / startup banking", "sectorGroup": "Fintech and crypto", "investors": null, "valuation": "$5.2B", "date": "2026-07-08", "dateDisplay": "July 2026", "what": "Banking platform for startups and small businesses; sits on partner banks and sells the software layer, cards, payments, credit and finance tooling", "post": "/p/mercury-200m-series-d-banking/", "source": null }, { "company": "RunPod", "amountM": 100, "amount": "$100M", "round": "Series A", "sector": "AI infrastructure / GPU cloud", "sectorGroup": "AI infrastructure and chips", "investors": "Summit Partners", "valuation": null, "date": "2026-06-25", "dateDisplay": "late June 2026", "what": "On-demand, per-second GPU cloud for AI training and inference, aimed at developers priced out of hyperscaler capacity", "post": "/p/runpod-100m-series-a-gpu-cloud/", "source": null }, { "company": "Taktile", "amountM": 110, "amount": "$110M", "round": "Series C", "sector": "Fintech / risk decisioning", "sectorGroup": "Fintech and crypto", "investors": "Growth Equity at Goldman Sachs Alternatives", "valuation": null, "date": "2026-07-07", "dateDisplay": "early July 2026", "what": "Decision platform automating credit, risk and fraud calls for banks and fintechs", "post": "/p/taktile-110m-series-c-agentic-fintech/", "source": null }, { "company": "Joulent", "amountM": 1750, "amount": "$1.75B", "round": "Strategic minority (35% stake)", "sector": "AI power & data centers", "sectorGroup": "Energy and power", "investors": "National Grid Ventures; Engine No. 1-backed", "valuation": "$5B post-money", "date": "2026-07-01", "dateDisplay": null, "what": "Energy infrastructure for AI data centers", "post": "/p/joulent-1-75-billion-national-grid-ai-power/", "source": null }, { "company": "Netris", "amountM": 15, "amount": "$15M", "round": "Series A", "sector": "AI infrastructure / networking automation", "sectorGroup": "AI infrastructure and chips", "investors": "Andreessen Horowitz (lead, Guido Appenzeller)", "valuation": null, "date": "2026-06-25", "dateDisplay": "June 25, 2026", "what": "Netris, a Santa Clara networking company founded in 2018, raised a $15M Series A led by a16z to scale its NAAM platform (Network Automation, Abstraction, Multi-Tenancy), which gives AI cloud operators a single control plane and hardware-enforced multi-tenancy across Ethernet, InfiniBand, NVL72 scale-up and edge fabrics. It posted 800% ARR growth in 12 months across 35+ AI clusters (roughly 1M GPUs), holds an estimated 12% of neoclouds by cluster count, counts Lightning AI, Foxconn, TensorWave, Telus and HPE as customers, and is the first ISV validated by NVIDIA for AI network automation. Funds go to engineering, commercial hiring and a Singapore office.", "post": "/p/netris-15m-series-a-a16z-ai-neocloud-networking/", "source": null }, { "company": "Baseten", "amountM": 1500, "amount": "$1.5B", "round": "Series F", "sector": "AI inference", "sectorGroup": "AI infrastructure and chips", "investors": "Led by Altimeter, Conviction, Spark Capital; IVP, Greylock, Battery participating", "valuation": "up to $13B", "date": "2026-06-22", "dateDisplay": null, "what": "Serving AI models fast and cheaply as a platform", "post": "/p/baseten-1-5-billion-series-f-ai-inference/", "source": null }, { "company": "Quantum Systems", "amountM": 1200, "amount": "$1.2B", "round": "Series D", "sector": "Defense tech", "sectorGroup": "Defense and space", "investors": "Co-led by Blackstone, Airbus, Advent", "valuation": "$8B", "date": "2026-07-02", "dateDisplay": null, "what": "Autonomous reconnaissance drones (Munich)", "post": "/p/quantum-systems-1-2b-defense-drone-round/", "source": null }, { "company": "Kalshi", "amountM": 1000, "amount": "$1B", "round": "Series F", "sector": "Prediction markets", "sectorGroup": "Fintech and crypto", "investors": "Led by Coatue", "valuation": "$22B", "date": "2026-07-03", "dateDisplay": null, "what": "Regulated prediction-market exchange", "post": "/p/kalshi-raises-1-billion-22-billion-valuation/", "source": null }, { "company": "Together AI", "amountM": 800, "amount": "$800M", "round": "Series C", "sector": "Open-model AI cloud", "sectorGroup": "AI infrastructure and chips", "investors": "Led by Aramco Ventures", "valuation": "$8.3B post-money", "date": "2026-07-01", "dateDisplay": null, "what": "Training + serving infrastructure for open-source models", "post": "/p/together-ai-800m-series-c-open-models/", "source": null }, { "company": "Ramp", "amountM": 750, "amount": "$750M", "round": "Series F", "sector": "Fintech", "sectorGroup": "Fintech and crypto", "investors": "Led by Iconiq, GIC, Ontario Teachers'", "valuation": "$44B", "date": "2026-06-04", "dateDisplay": null, "what": "Spend management with real revenue and operating leverage", "post": "/p/ramp-750-million-44-billion-valuation/", "source": null }, { "company": "Supabase", "amountM": 500, "amount": "$500M", "round": "Series F", "sector": "Developer tools", "sectorGroup": "Developer tools", "investors": "Led by GIC; Accel, Coatue, Felicis, Stripe, Salesforce Ventures participating", "valuation": "$10.5B post-money", "date": "2026-06-04", "dateDisplay": null, "what": "Open-source backend powering the AI app boom", "post": "/p/supabase-500-million-valuation/", "source": null }, { "company": "Impulse Space", "amountM": 500, "amount": "$500M", "round": "Series D", "sector": "Space", "sectorGroup": "Defense and space", "investors": "Led by 137 Ventures and Banner VC", "valuation": null, "date": "2026-06-05", "dateDisplay": "early June 2026", "what": "In-space propulsion and orbital transfer vehicles", "post": "/p/impulse-space-500m-series-d/", "source": null }, { "company": "Helion", "amountM": 465, "amount": "$465M", "round": "Series G", "sector": "Fusion energy", "sectorGroup": "Energy and power", "investors": "Led by Thrive Capital", "valuation": "$15.5B post-money", "date": "2026-06-30", "dateDisplay": null, "what": "Chasing the first commercial fusion power plant", "post": "/p/helion-465-million-fusion-series-g/", "source": null }, { "company": "General Intuition", "amountM": 320, "amount": "$320M", "round": "Series A", "sector": "AI world models", "sectorGroup": "AI models and labs", "investors": "Led by Khosla Ventures; Jeff Bezos among backers", "valuation": "$2.3B", "date": "2026-07-01", "dateDisplay": null, "what": "World models trained on action-labeled gameplay video", "post": "/p/general-intuition-320m-series-a-game-agents/", "source": null }, { "company": "Twelve Labs", "amountM": 100, "amount": "$100M", "round": "Series B", "sector": "Video AI", "sectorGroup": "AI models and labs", "investors": "Co-led by NEA, NAVER Ventures; Amazon participating", "valuation": "$1B+", "date": "2026-07-04", "dateDisplay": null, "what": "AI trained natively on video — search, summarize, reason over footage", "post": "/p/twelvelabs-100m-series-b-video-ai-understanding/", "source": null }, { "company": "Oxmiq Labs", "amountM": 35, "amount": "$35M", "round": "Series A", "sector": "AI chips", "sectorGroup": "AI infrastructure and chips", "investors": "Co-led by Fundomo, Samsung Catalyst Fund; MediaTek, Intel Capital participating", "valuation": null, "date": "2026-07-02", "dateDisplay": null, "what": "Licensable architecture fusing GPU, CPU and TPU (Raja Koduri)", "post": "/p/oxmiq-35m-licensable-gpu-cpu-tpu-architecture/", "source": null }, { "company": "Neko Health", "amountM": 700, "amount": "$700M", "round": "Series C", "sector": "Preventive health", "sectorGroup": "Health and bio", "investors": "Led by Lightspeed Venture Partners, co-led by O.G. Venture Partners; Atomico, General Catalyst, Lakestar returning; Liberty City Ventures, Positive Sum, BDT & MSD new", "valuation": "~$7B", "date": "2026-07-15", "dateDisplay": null, "what": "Own-built full-body scanning hardware and clinics (Daniel Ek); funds US launch", "post": "/p/neko-health-700m-series-c-lightspeed/", "source": null }, { "company": "Safe Superintelligence", "amountM": 5000, "amount": "~$5B", "round": null, "sector": "Frontier AI research", "sectorGroup": "AI models and labs", "investors": "Nvidia", "valuation": null, "date": "2026-07-27", "dateDisplay": null, "what": "Nvidia committed a reported ~$5 billion to Ilya Sutskever's Safe Superintelligence on July 27, 2026, as an investment paired with a long-term compute partnership on Nvidia's Vera Rubin platform, which the companies say will scale SSI's available compute by an order of magnitude. Bloomberg reported the $5 billion figure; neither Nvidia nor SSI confirmed an amount publicly, and no valuation was disclosed for this round. SSI had previously raised $1B at founding in 2024 at a $5B valuation and $2B in February 2025 at $32B, with Alphabet, Andreessen Horowitz, Lightspeed, GV, Sequoia and Nvidia among its backers. Two years after founding it has shipped no product and reports no revenue; Nvidia said it was granted rare access to SSI's closely held research before committing. Because SSI will spend a large share of the capital on Nvidia systems, a portion returns to Nvidia as hardware revenue while Nvidia retains the equity stake.", "post": "/p/nvidia-5b-safe-superintelligence-vera-rubin/", "source": null } ] }