XNRGY Climate Systems Secures Growth Equity From Decarbonization Partners, CI and Activate Capital
XNRGY Climate Systems received undisclosed growth equity financing from Decarbonization Partners (BlackRock/Temasek JV), Climate Investment (CI) and Activate Capital to support expansion of its sustainable liquid and air-cooling technologies and control systems. The funding amount was not disclosed; company will use proceeds for growth initiatives.
PodPlay Technologies Closes $8M Series A Led by Frontier Growth
PodPlay Technologies, a NYC-based vertical SaaS for participatory sports venues and spin-off from PingPod, closed an $8M Series A round led by Frontier Growth. Frontier partner Dave Pandullo will join PodPlay’s board; proceeds will fund engineering, sales and customer-success expansion.
Vista Equity Partners Takes Majority Stake in Nexthink
Vista Equity Partners has made a majority investment in Nexthink, the Lausanne- and Boston-based digital employee experience (DEX) management company. Nexthink's founder and CEO Pedro Bados and the current leadership team will remain in place; financial terms were not disclosed.
SavvyMoney Secures $225M Minority Investment to Accelerate Growth
SavvyMoney, a Dublin, CA-based provider of financial wellness and growth solutions, received a $225M minority investment co-led by PSG and Canapi Ventures, with continued investment from Spectrum Equity. The company will use the funds to accelerate its product roadmap and...

Oxford Spinout RADiCAIT Raises $1.7M Pre-Seed and Opens $5M Seed Raise to Advance AI PET-From-CT Imaging
RADiCAIT, an Oxford spinout using AI to generate PET-quality images from CT scans, came out of stealth this month with $1.7M in pre-seed financing and has just opened a $5M seed raise to fund FDA clinical trials and commercial pilots.
WorkHero Raises $5M Seed Round Led by Navitas Capital
WorkHero, a Boston-based AI-powered back office for small HVAC contractors, raised $5M in a seed round led by Navitas Capital with participation from Workshop Ventures, York IE and strategic angels. The company will use proceeds to expand engineering and product...

Sequoia Capital Launches $950M in New Early-Stage Funds
Sequoia Capital announced two new early-stage funds totaling $950M: a $750M Series A-focused early-stage fund and a $200M seed fund to back founders at the earliest stages amid the AI-driven valuation surge.
Overfuel Secures Growth Investment From Recurring Capital Partners
Overfuel, an Indianapolis-based high-performance website platform for dealership sales, received a strategic growth investment from Recurring Capital Partners. The undisclosed financing will fund AI-driven product innovation, strategic acquisitions, and leadership expansion to support scaling.
GammaTime Raises $14M Seed to Launch Premium Micro‑drama Streaming
GammaTime has raised $14 million in a Seed round led by vgames and Pitango, with participation from Alexis Ohanian, Kris Jenner, Kim Kardashian and Traverse Ventures. The Los Angeles-based micro-drama streaming startup uses predictive AI and audience testing to optimize...
Hemab Therapeutics Raises $157M in Series C Led by Sofinnova Partners
Hemab Therapeutics completed a multifold oversubscribed $157 million Series C financing led by Sofinnova Partners, with participation from a large long‑only global asset manager, a global sovereign wealth fund, Avoro Capital Advisors and existing backers including RA Capital Management, Novo...

World Bank Pledges $1B to Advance DRC’s Inga Hydro Project
The World Bank has pledged $1 billion to help advance the Democratic Republic of Congo’s Inga hydroelectric expansion, including an initial $250 million installment in 2025 to de-risk the project and attract private capital for the Inga III phase.
Redwood Materials Closes $350M Series E Led by Eclipse
Redwood Materials has closed a $350 million Series E funding round led by Eclipse with participation from strategic investor NVentures. The capital will accelerate energy storage deployment, refining and materials production capacity, and expansion of engineering and operations teams.
Honey Health Raises $7.8M Seed Led by Pelion Ventures
Honey Health, an AI-driven back office platform for healthcare organizations, raised $7.8M in a seed round led by Pelion Ventures with participation from Streamlined, Burst Capital, and 8-Bit Capital. The company will deploy specialized AI agent teams to automate administrative...
Insignia Capital Group Closes Fund III at over $500M
Insignia Capital Group, a Walnut Creek-based growth-focused private equity firm, has closed its third fund at over $500 million with participation from existing and a small number of new limited partners. Kirkland & Ellis acted as legal counsel and M2O...

U.S. and China Reach Deal to Transfer TikTok U.S. Operations to New Investor-Led Joint Venture
The U.S. and China have reached a final agreement to transfer TikTok's U.S. operations to a new joint venture, with leaders expected to consummate the transaction soon. Reported investors include Oracle, Fox Corp, Andreessen Horowitz and Silver Lake; ByteDance will...

Accel and Prosus Launch Co-Investment Partnership to Back Early-Stage Indian Startups
Accel and Prosus announced a new co-investment partnership to back Indian startups from formation, with Prosus matching Accel’s initial checks. The program will co-invest checks ranging from $100,000 to $1,000,000 targeting founders building large-scale solutions across sectors including automation, energy...
Chainguard Raises $280M Growth Round From General Catalyst’s CVF
Chainguard secured $280 million in growth financing from General Catalyst’s Customer Value Fund to accelerate its open-source security offerings and meet rising enterprise demand. The round follows a Series D earlier in April and brings Chainguard's fundraising over the past...
CourtReserve Secures $54M Growth Investment From Mainsail Partners
CourtReserve, a club management SaaS platform, received a $54M strategic growth investment from Mainsail Partners to accelerate product development, expand integrations, enhance customer support, and grow its North American market presence. The funding will be used to scale the company’s...
VitVio Raises $8M Seed Round Led by Bek Ventures
VitVio, a Boston-based AI platform that coordinates operating room staff and reduces surgical administrative load, closed an $8M seed funding round led by Bek Ventures with participation from LDV Capital and other early backers. The round brings VitVio’s total funding...
Natural Raises $9.8M Seed Round to Build Agentic Payments Infrastructure
San Francisco-based fintech Natural raised $9.8M in a seed round to build infrastructure for agentic payments. The round was co-led by Abstract and Human Capital with participation from Forerunner Ventures, Terrain, Restive Ventures, Genius Ventures and several prominent tech founders...

Private-Equity Sponsor Acquired Gym Launch and Prestige Labs for $46.2M
The article states that in 2021 a private-equity sponsor purchased Gym Launch and Prestige Labs for $46.2 million. The announcement is noted in the founders' bio as part of their portfolio exits.
Linen Cloud Secures Strategic Investment From Enterprise Tech Leaders
Linen Cloud, an intelligent sales planning platform for enterprise revenue teams, raised a strategic investment round led by a network of CIOs, CTOs and enterprise technology leaders. Backers include Steven Birdsall (CRO, Alteryx) and Lenin Gali (Chief Business Officer, Atomicwork);...
Polyembo Closes New Funding Round Led by Multinational Strategic Investor
Polyembo, a private medical device company developing vascular embolization technologies, closed a new funding round led by a multinational strategic investor to advance product development and regulatory clearances. Financial terms and investor identity were not disclosed.
FFL Partners Invests in Janus RX to Support Expansion
Janus RX, a behavioral pharmacy based in Montgomery, Ala., received an undisclosed investment from private equity firm FFL Partners to expand operations and development efforts. The funding will support the company’s growth initiatives under CEO Daniel Mims.
FieldFlo Raises $35M Growth Round From Mainsail Partners
FieldFlo, a provider of project and safety management software for specialty subcontractors, raised $35 million in growth capital from Mainsail Partners to accelerate product innovation and support operational, safety, and compliance needs across North America.
Neolix Raises Over $600M in Series D Led by Stone Venture
Neolix, a Beijing-based provider of L4 autonomous delivery (RoboVan) solutions, raised over USD 600 million in a Series D round led by UAE-based Stone Venture with participation from Gaocheng Capital, CITIC Capital, CDH, Sparkedge Capital, Beijing AI Fund, Legend Capital,...
SecondWave Systems Expands Series A with New Investment From Sectoral Asset Management
SecondWave Systems, a clinical-stage medical device company developing ultrasound-based treatments for inflammatory disorders, expanded its Series A financing with a new investment led by Sectoral Asset Management joining existing backers. The syndicate includes Treo Ventures, Scientific Health Development, and the...
Overfuel Secures Growth Investment From Recurring Capital Partners
Overfuel, a high-performance website platform for auto dealerships, announced a strategic growth investment from Recurring Capital Partners to accelerate AI-driven product innovation, pursue strategic acquisitions, and scale its leadership team.
Shuttle Raises $6M Seed to Accelerate AI-Enabled Cloud Infrastructure
Shuttle, a San Francisco-based AI-enabled cloud infrastructure platform, raised $6M to support its code-to-cloud developer platform. The round was backed by Y Combinator, Global Founders Capital, Thomas Dohmke, Calvin French‑Owen and senior leaders from OpenAI, Deel and Confluent.
Veritas Prime Secures $31.5M Minority Investment From Carrick Capital Partners
Veritas Prime, a provider of SAP SuccessFactors and payroll technology solutions, received a $31.5M minority investment from Carrick Capital Partners to accelerate its BPaaS offerings and strengthen its SAP S/4 Finance practice.
Crusoe Raises $1.375B in Series E Led by Valor Equity Partners and Mubadala Capital
Crusoe announced the initial closing of a $1.375 billion Series E round at a valuation north of $10B. The oversubscribed round was co-led by Valor Equity Partners and Mubadala Capital, with participation from a broad syndicate including Fidelity, Founders Fund,...
Chipmind Raises $2.5M Seed Round Led by Founderful to Build AI Chip Design Agents
Zurich-based Chipmind raised $2.5M in a seed funding round led by Founderful with participation from semiconductor industry angels. The startup will use the proceeds to expand engineering, accelerate product development, and deepen industry engagements.
Janta Power Raises $5.5M Seed Round Led by MaC Venture Capital
Janta Power, a Dallas-based developer of 3D photovoltaic tower systems, closed a $5.5M seed financing to commercialize and scale its high-density solar tower technology. The round was led by MaC Venture Capital with participation from Collab Capital.

Turbo AI Raised $750,000 Seed Round
Turbo AI, an AI note‑taking startup founded by Rudy Arora and Sarthak Dhawan, raised $750,000 last year in an early financing. The company remains profitable and is cautious about raising more despite strong user growth and inbound interest.

Tensormesh Raises $4.5M Seed to Commercialize LMCache for AI Inference
Tensormesh launched from stealth with a $4.5M seed round led by Laude Ventures and additional angel funding from Michael Franklin to build a commercial version of the LMCache utility, aiming to reduce AI inference costs and optimize GPU usage for...
Lockheed Martin Ventures Makes Strategic Investment in Venus Aerospace
Venus Aerospace, a Houston-based rocket engine propulsion startup, received a strategic investment from Lockheed Martin via Lockheed Martin Ventures. The amount was not disclosed; the deal is a corporate strategic venture investment to support Venus Aerospace's next-generation propulsion technology.
Apriority Raises $2.3M Seed Round Led by Techstars and Multiple Investors
Apriority, an AI-powered borrower-first debt fintech based in San Francisco, raised $2.3M in a seed funding round led by Techstars, Valhalla, Bridge, CAN, Illini Angels and Keiretsu. The company will use proceeds to expand operations and product development.
OneAM Raises $4.7M Seed Round Led by TTV Capital
OneAM, a New York City-based early-pay solution provider, raised $4.7M in a seed round led by TTV Capital with participation from Correlation Ventures, ThirdStream Partners and other early-stage investors. The company will use the funds to expand into new verticals...
Tensormesh Raises $4.5M Seed Round Led by Laude Ventures
Tensormesh, an AI infrastructure optimization company based in San Francisco, emerged from stealth with a $4.5M seed round led by Laude Ventures. The company will use the funding to expand operations and advance development of its distributed AI infrastructure solutions.
Clerq Raises $21M, Closes $12M Series A Led by 645 Ventures
Clerq, a New York City-based payments platform for high-ticket transactions, raised $21M in funding, including a $12M Series A round led by 645 Ventures. Existing investors FirstMark Capital, Fika Ventures, Commerce Ventures and Dash Fund participated alongside new strategic backers...
Generation Lab Raises $11M Seed Round Led by Accel
Generation Lab, a San Francisco-based longevity science company, closed an $11M seed round led by Accel with participation from Samsung Next, Zone2, Aoki Labs, BYL Ventures, and Markham Valley Ventures, bringing total funding to $15M.
Darwin AI Raises $15M Series A Led by Insight Partners
Tel Aviv-based Darwin AI raised $15M in a Series A round led by Insight Partners, with participation from existing investors UpWest and Resolute Ventures. The funding will support the company's mission to help governments deploy AI safely and at scale;...
Moberg Analytics Raises $600K Seed Round Led by Ben Franklin Technology Partners
Moberg Analytics, a Philadelphia-based advanced brain monitoring and critical care informatics startup, raised $600K in a seed round led by Ben Franklin Technology Partners ($250K). The round included participation from Overbrook Capital, MVP Capital Partners and other private investors and...

Wonder Studios Raises $12M Seed to Scale AI-Driven Content Production
London-based AI creative studio Wonder Studios raised $12M in a seed round led by Atomico with participation from LocalGlobe, Blackbird and other investors. The funds will be used to grow engineering, pursue IP ownership and accelerate original and commercial AI-generated...
Elevara Medicines Raises $70M Series A to Advance RA and Inflammatory Disease Program
Elevara Medicines, a London-based clinical-stage biotech focused on rheumatoid arthritis and chronic inflammatory diseases, closed a $70M Series A financing co-led by Forbion and Sofinnova Partners with participation from Monograph Capital. The company will use the proceeds to fund its...
Keycard Raises $38M Across Seed and Series A to Secure Identity for AI Agents
Keycard, a San Francisco-based identity and access platform for AI agents, raised $38M in combined Seed and Series A financing. Andreessen Horowitz and Boldstart Ventures co-led an $8M seed round, while Acrew Capital led a $30M Series A, with participation...

Google Invests $450M in ADT to Deepen Nest Integration
The article notes Google made a $450 million strategic investment in ADT to enable deep integration between ADT Plus and Google Nest products, underpinning the new ADT Plus offering and product partnership. The investment is described as having occurred prior...

A16z Seeks to Raise ~$10B for New AI, Defense and Growth Funds
Andreessen Horowitz (a16z) is reportedly aiming to raise about $10 billion across new funds including $6B for investments in more mature companies, $1.5B each for AI applications and AI infrastructure funds, and over $1B for a defense and manufacturing vehicle....

Redwood Materials Raises $350M Series E to Expand Energy Storage Business
Redwood Materials raised $350 million in a Series E round led by Eclipse with a strategic investment from Nvidia’s NVentures to grow its energy storage business and expand refining and materials production. The round values the company at about $6...
Pila Energy Raises $4M Seed Round Led by R7 Partners
Pila Energy, a San Francisco maker of plug-in mesh home batteries, raised $4M in a seed round led by R7 Partners with participation from Toyota Ventures, Refactor Capital, GS Futures and other strategic backers. The company will use the funds...