
The TechCrunch Fundraising category feed

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.

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...

Washington-based AAF Management closed a $55 million early-stage hybrid vehicle called the Axis Fund, bringing the firm's assets under management to roughly $250M. The fund will allocate ~80% to startups and ~20% to emerging managers and is backed by Mubadala,...

DevAlly, founded by a Battlefield alum, raised €2 million in a pre-seed funding round to build tools helping companies meet Europe's new accessibility law. The capital will support product development and go-to-market efforts targeting businesses navigating regulatory requirements.
Tigris raised $25 million to expand its network of localized data storage centers, serving as the storage layer for decentralized computing infrastructure. The funding will be used to grow its infrastructure footprint and support customers building distributed applications.
Lore raised $1.1 million in a seed round to develop a personalized search engine tailored to fandom culture, aiming to help obsessive fans explore deep internet rabbit holes. The funding will support product development and growth.
Doorstep raised an $8M seed round to expand its sensor-driven platform that integrates with delivery apps to track drivers' movements and locate missing food deliveries. The funding will help scale the company's B2B offering and product development.
Paradigm raised a $5 million seed round and is releasing its AI-powered spreadsheet, which embeds an AI agent in every cell, to the general public. The funding will support the product launch and further development of the AI spreadsheet.
NeoLogic raised $10 million in a Series A round to develop energy-efficient server CPUs for AI data centers. The round was led by KOMPAS VC with participation from M Ventures, Maniv Mobility, and lool Ventures.
Lumotive reopened its February Series B to add Amazon's Industrial Innovation Fund and ITHCA Group, increasing the round to $59 million. The funding bolsters the programmable optics startup's growth and development efforts.
RA Capital Planetary Health has closed a $120 million fund to invest in planetary health-focused startups. The fund closing was announced in a TechCrunch piece outlining the firm’s investment rubric.
Hyper, an AI voice company building automated solutions for emergency call centers, raised $6.3M to scale nationwide, integrate with existing 911 systems, hire engineering leadership, and develop its next product. The funding will support commercialization and operational expansion across public-safety...
Catalio Capital has closed its fourth fund, Fund IV, at over $400 million to continue investing in early-stage life sciences and biotech companies. The new fund will support the firm's existing strategy of backing founders in therapeutics and platform technologies.
Applied Intuition, an AI-driven autonomous vehicle software company, raised $600M in a growth-stage funding round, more than doubling its valuation year-over-year as it pushes further into defense markets. The capital will support product development and expansion into defense-focused applications.

OpenAI is reportedly close to finalizing a $40 billion growth-stage funding round led by SoftBank, with SoftBank initially contributing $7.5B and plans for additional tranches. Other investors in discussions include Magnetar Capital, Coatue Management, Founders Fund and Altimeter Capital.

Dallas-based enterprise browser startup Island raised $250M in a Series E round led by Coatue at a $4.85B valuation, bringing total funding to $730M. Other participants include Insight Partners, Sequoia and Canapi Ventures; Island serves 450 customers with secure, enterprise-focused...