Today's Venture Capital Pulse
Rapidus secures $943M funding to accelerate 2nm GAA chip production
Japanese foundry startup Rapidus announced an additional ¥150 billion ($943 million) funding round from the Information‑Technology Promotion Agency, raising its total capital to ¥424.95 billion ($2.65 billion). The round is backed by corporates including Canon, Fujitsu, SoftBank and Sony, and will fund the development of a 2 nm gate‑all‑around (GAA) process slated for 2027.
Also developing:
By the numbers: Antag Therapeutics raises $88M Series A financing
5 IT Funding Deals to Watch
Capital is flowing into the core infrastructure that powers AI, with Supabase landing a $500 million Series F that values its open‑source Postgres platform at $10.5 billion. DriveNets secured $410 million to expand its Ethernet fabric for massive AI clusters, while Cyera raised $300 million to bolster cloud data‑security services. European quantum‑chip startup Quobly attracted €115 million (≈$133 million) to commercialize silicon‑based processors, and Ohio‑based Folio Photonics closed an $8 million round for multi‑layer optical archival disks priced around $3 per terabyte. Together, these deals signal a pivot from funding AI models toward the systems that store, move, secure and compute the data they need.
CEE Startup & Tech Weekly: Bulgarian Startup Paypercut Raises Seed Round Backed by Regional VCs
Bulgarian fintech Paypercut closed a €5 million seed round co‑led by Concentric, Passion Capital and Araya Ventures, bringing its total capital to €7 million (about $7.6 million). The round attracted a slate of regional investors, including SMOK Ventures and payments entrepreneur Matt Doka,...
Airbnb CEO Brian Chesky Launches New AI Lab to Redefine User Interaction
Airbnb chief executive Brian Chesky is creating a separate artificial‑intelligence lab to build interactive AI models for travel and e‑commerce. While the venture is still in early funding stages and details are undisclosed, the move underscores a shift toward AI...
Collate Raises $95M to Transform Life Sciences AI
Collate announced a $95 million Series B round that pushes its valuation close to $1 billion, marking it as one of the fastest‑growing regulated‑SaaS firms. The San Francisco startup targets life‑science companies burdened by massive regulatory paperwork, using specialized large‑language models...
Flourish Raises $500M to Reinvent AI Efficiency
Flourish announced a $500 million Series C round that lifts its valuation to $2.5 billion, with Jeff Bezos anchoring the deal with a $100 million personal commitment. The deep‑tech startup, founded by former Microsoft and Amazon executives, aims to redesign AI architecture by mimicking...
5 Interesting Startup Deals You May Have Missed: On-Demand Custom Manufacturing, Underwater Geothermal Energy, And Adventure Group Travel
This month’s roundup highlights five under‑the‑radar startup rounds, starting with SendCutSend’s $110 million Series B that values the on‑demand metal‑fabrication platform at $1 billion. New‑York‑based Nourish secured $100 million to scale its dietitian‑led metabolic‑health clinic that pairs AI coaching with GLP‑1 drug management. European...
StrictlyVC Los Angeles Highlights Defense Tech, AI and New Fundraising Rounds
StrictlyVC Los Angeles convenes investors, founders and operators on June 18 at The Aerospace Corporation Campus to explore defense technology, artificial intelligence and the latest fundraising dynamics. Speakers include Ethan Thornton of Mach Industries, Founders Fund’s Delian Asparouhov, Shinkei Systems’...
Supabase Raises $500M, Valuation Hits $10.5B as AI‑coding Fuels BaaS Growth
Supabase announced a $500 million financing round that lifts its post‑money valuation to $10.5 billion. The round, led by GIC and backed by Accel, Y Combinator and others, comes as AI‑assisted coding tools push demand for its Postgres‑based backend platform.
Fusion Developer Helion Raises $465 Million at Triple Its Prior Valuation
Helion, a Washington‑based fusion startup, closed a $465 million Series G round that lifts its valuation to $15.5 billion—almost three times its 2025 level. The capital will speed up commercial deployment of its Orion plant and broaden operations across the United States. Helion’s...
Pricepoint Closes $6.6-million CAD Seed Round for AI Hospitality Platform
Montreal AI hospitality startup Pricepoint raised CAD 6.6 million (~US$4.9 million) in a seed round led by Brightspark Ventures, with Boreal Ventures and AQC Capital participating. The financing will fund product development, integration expansion, and double its 35‑person team. Pricepoint’s AI‑native platform automatically...
Apex Raises $200M At $2.3B Valuation
Apex Space announced a $200 million financing round that lifts its valuation to $2.3 billion, marking the third $200 million raise in just 14 months. Led by Glade Brook Capital Partners, the round brings in both new and existing investors and is not labeled...
Lugano’s GR3N Closes €15.5 Million Series B to Build the World’s First Microwave-Assisted PET Recycling Plant in Spain
Lugano‑based clean‑tech startup GR3N closed a €15.5 million (≈$16.7 million) Series B round led by 360 Capital. The funding will accelerate construction of MODUS, a 40,000‑ton‑per‑year microwave‑assisted depolymerisation plant in Spain, backed by a €35 million (≈$38 million) EU Innovation Fund grant. GR3N’s patented MADE...
Panthera Growth Partners Leads $30 Mn Series B Round in Innefu Labs
Innefu Labs, an AI firm focused on national security, closed a $30 million Series B round led by Panthera Growth Partners. The capital, raised through primary and secondary transactions, will fund global market expansion and deep‑tech R&D. Innefu already operates over 100...
Exclusive: Aadyah Aerospace Raises Fresh Funds in Series A Round
Aadyah Aerospace, an Indian aerospace and defense startup, raised Rs 31.5 crore ($3.3 million) in a Series A round led by Helios Holdings, with angel investor Meenu Sharma contributing Rs 1 crore. The financing increased the company’s valuation by roughly 26% to Rs 206 crore ($21.6 million). Proceeds will...
AgriFood Signals: $30m for Meatpacking Tech, Rabobank Sells Foodbytes, Job Cuts at Aleph Farms
Marble Technologies announced a $30 million Series A to build AI‑driven automation for U.S. meatpacking plants, aiming to cut labor costs and boost throughput. Rabobank sold its Foodbytes platform to Dutch events firm Jaarbeurs, signaling further consolidation in agri‑tech services. Meanwhile, cultivated‑meat...
Impulse Space Scores $500M Series D
Impulse Space announced a $500 million Series D round, led by 137 Ventures and Banner VC, bringing total capital raised to over $1 billion. The funding follows a $300 million Series C raised a year earlier. The Los Angeles‑based startup...
Forage Raises $40M in Series B
Fintech platform Forage announced a $40 million Series B round, led by Mouro Capital with participation from PayPal Ventures, Intuit Ventures, Nyca Partners and other investors. The capital infusion backs Forage’s recently launched consumer app that lets low‑income families securely check EBT...
Scotch Announces $20M Series A Round
Scotch, a Denver‑based all‑in‑one operating platform for liquor retailers, announced a $20 million Series A round. The financing was led by VMG Partners with participation from First Round Capital, Lerer Hippeau and Toba Capital. Scotch has already surpassed a $1 billion annual run...
ARCH Funds Flourish to Expand Low‑Power Distributed Cognition
ARCH is excited to back Flourish in its initial financing. Low power, distributed cognition is how humans invented these words and LLM’s. Exploring how it can be harnessed and expanded further will be fun and maybe world-changing.
Dimension VC Ups Fund Target to $750M for AI‑biotech
Back in March, I first reported that Dimension was looking to raise ~ $700 million fund. The VC firm, which has nestled itself at the buzzy intersection of AI and biotech, confirmed that in an SEC filing today, bumping up the...
A $2.5trn Question
The venture capital market is eyeing a potential $2.5 trillion influx as limited partners anticipate cash returns from recent IPOs of Anthropic, OpenAI and SpaceX. Analysts question whether this windfall will translate into renewed fundraising activity for VC funds. The article...
Greg Gretsch: Venture Capital in the AI Supercycle
In this episode, Evan Epstein talks with Greg Gretsch, founding partner of Jackson Square Ventures, about the AI supercycle reshaping venture capital. Gretsch explains how AI is accelerating startup formation, enhancing deal sourcing, selection, and stewardship, and driving down costs...
AlphaSense Secures $350 Million Funding, Valuation Hits $7.5 Billion
AlphaSense closed a $350 million financing round that lifted its valuation to $7.5 billion. The round was led by Vitruvian Partners, Accenture Ventures and J.P. Morgan Asset Management, and coincided with the launch of a new AI agent, SuperAnalyst. The capital will accelerate...
Kiara Ventures Deploys $25 Million Fund to Back Silicon Valley Early‑Stage Startups
Kiara Ventures has launched a $25 million venture capital fund focused on pre‑seed and seed‑stage technology startups in Silicon Valley. The Spanish firm aims to create a direct pipeline between European capital and the Bay Area’s most technical founders, targeting AI,...
Mach Industries Secures $300 Million Series C, Valuation Hits $1.8 Billion
Mach Industries announced a $300 million Series C round led by Infinite Capital and Rabbit Capital, lifting its valuation to $1.8 billion. The funding will accelerate production of unmanned systems and deepen ties with the U.S. military, underscoring a surge of venture...
Town Raises $55M to Expand Personalized AI Assistant
Town announced a $55 million Series B round, led by General Catalyst and backed by Lightspeed Venture Partners, Spark Capital, and strategic angels. The funding lifts the startup’s total capital to $72 million since its 2024 launch and will fuel custom model...
Anthropic Raises $65B in Series H Funding at $965B Post-Money Valuation
Anthropic announced a $65 billion Series H round that lifts its post‑money valuation to $965 billion. The funding, led by Altimeter Capital and a slate of blue‑chip investors, follows a run‑rate revenue surge past $47 billion as enterprises embed its Claude model into core...
FirstClub Secures $55M Series B, Valuation Doubles to $255M in India's Quick‑Commerce Surge
FirstClub, the Bengaluru‑based quick‑commerce platform, raised $55 million in a Series B led by Peak XV Partners and Sofina, lifting its post‑money valuation to $255 million. The funding fuels expansion beyond Bengaluru and a shift toward premium, curated grocery offerings in India's...
Freshflow Lands $10 Million Series A to Scale AI Platform Cutting Grocery Waste
Freshflow, the Berlin‑based AI food‑waste startup, closed a $10 million Series A round led by Reimann Investors. The funding will fund expansion of its forecasting platform beyond produce into meat, bakery and other perishable categories, and accelerate rollout across Europe. Investors cite...
![[Startup Story] $42 Million Raised for an ‘Amazon of Composites’](https://hixhlmpcokxhartfkpyi.supabase.co/storage/v1/object/public/images/thumbnails/dc22c9717835177f5d39ac1049b2887c.webp)
[Startup Story] $42 Million Raised for an ‘Amazon of Composites’
Layup Parts, a startup that lets companies order composite parts through an online portal, announced a $42 million Series A round on June 3, 2026. The funding was led by Marlinspike with participation from Founders Fund, Lux Capital, Haystack, Cerberus Ventures and Pinegrove Venture...
Kuaishou’s Kling AI Seeks Fresh Funding Ahead of Planned 2027 IPO
Kuaishou’s AI video‑generation arm, Kling AI, is courting its first external funding round with a pre‑money valuation of roughly $18 billion, equivalent to about two‑thirds of Kuaishou’s market cap. The financing is being treated as a pre‑IPO bridge ahead of a...
Kodesage Raises $6.6M for AI-Powered Legacy Software Modernisation
Kodesage, a 2024 startup, raised $6.6 million in a seed round led by VentureFriends to accelerate its AI‑powered platform for legacy software modernization. The on‑premise solution extracts code and documentation from aging stacks such as COBOL, Oracle Forms, PL/SQL, PowerBuilder...
Quobly Closes €115 Million ($133.5 Million USD) Series A to Industrialize Silicon-Spin Qubit Processors
Grenoble‑based Quobly closed a €115 million ($133.5 million) Series A round led by Bpifrance, SEALSQ and STMicroelectronics to industrialize its silicon‑spin‑qubit processors. The financing builds on a €19 million ($22 million) seed phase and will fund FD‑SOI wafer fabrication, packaging and commercial delivery. Quobly’s architecture...
Brook Bay Capital, Inovia, and Highgate Technology Ventures at Skift Data + AI Summit 2026
At the Skift Data + AI Summit 2026, investors Gilad Berenstein of Brook Bay Capital, Mia Morisset of Inovia, and Kurien Jacob of Highgate Technology Ventures debated whether travel‑AI startups that prioritize revenue growth or cost reduction attract more funding....
Benchmark's 15-Year Tech Track Record Sparks Rapid Fund Oversubscription
Never say never ;-) But - 15 years is an eternity in tech land. And if there’s one fund that earned the right to raise a larger growth fund, it’s Benchmark. I bet it was oversubscribed in half an hour.
Apoha Emerges From Stealth With $36 Million in Funding
London‑based deep‑tech startup Apoha has emerged from stealth with a $36 million Series A round to build its Liquid State Intelligence platform, which positions molecular behavior as a new fundamental data class. The round was led by European VC Singular and included...
Quantum Startup Quobly Secures €130 Million to Advance Silicon Spin‑Qubit Chips
French quantum‑hardware venture Quobly SAS announced a €130 million (≈$150 million) Series A round led by STMicroelectronics, Bpifrance, SEALSQ and Isalt. The funding will accelerate the company’s silicon spin‑qubit chip program and target a first commercial quantum computer shipment by the end of...
Khosla Ventures Backs Terra AI in $20M Series A Round
Terra AI, an AI‑driven subsurface modeling startup, secured $20 million in a Series A round led by Khosla Ventures, with BHP Ventures joining as a strategic backer. The funding will expand its generative geological engine, enterprise deployments, and subsurface inference tools. Terra’s...
Clinical and Economic Evaluation of Autonomous Artificial Intelligence in Musculoskeletal Therapeutics: Flok Health's Series A and the Shifting Competitive Landscape
Flok Health, a Cambridge‑based digital health firm, closed an oversubscribed $12.5 M Series A led by AlbionVC to scale its autonomous AI‑driven physiotherapy clinic across the NHS and into international markets. The platform, a CQC‑registered Class IIa medical device, can triage, diagnose, treat...
Mach Industries Hauls in $300M to Move on Second-Generation Systems
Mach Industries, a defense unmanned‑systems startup founded in 2022, closed a $300 million Series C round that values the company at $1.8 billion. The financing, led by Infinite Capital and Ribbit Capital with participation from Bedrock, Sequoia and Khosla, will fund expansion of...
NewLimit Secures $435 Million, Valued Over $3 B
NewLimit, one of the 'epigenetic reprogramming' companies, raised $435 million. Very big number. Second biggest after Altos. Claims payload will be RNA to the liver. Presumably its 1 or more transcription factors carried by LNPs. New valuation >$3 billion....
NewLimit’s $435M Megaround; Lilly’s Busy Dealmaking Week
Longevity startup NewLimit announced a $435 million Series C round, the largest biotech raise this year, led by Founders Fund and joined by Eli Lilly Ventures among others. The capital will fund its epigenetic reprogramming platform, with a first liver‑reprogramming trial expected next...
V3 Ventures Leads $3 Mn Series A Round in Perfumery Brand Fraganote
Fraganote, a Delhi‑based perfumery startup, closed a $3 million Series A round led by V3 Ventures, which contributed $2.4 million, with Rukam Capital adding $0.6 million. The company, founded in 2022, now serves over 400,000 customers and boasts a 35% repeat‑purchase rate. It aims...
Focused Energy Secures $240 Million Series A to Build Laser‑Fusion Reactor
Focused Energy, a German deep‑tech startup, closed an oversubscribed $240 million Series A led by utility RWE to commercialise laser‑fusion power. The funding will finance a demonstration reactor, “Lighthouse,” at a decommissioned nuclear plant, marking one of the largest private investments...
Coralogix Raises $200M on Bet that Someone Needs to Watch the AI Agents
Coralogix announced a $200 million Series F round that lifts its post‑money valuation to $1.6 billion. The Boston‑based observability startup says the surge in autonomous AI agents is driving demand for next‑generation monitoring tools. Revenue has risen more than 60% year‑over‑year, with over...
VC Fund Blue Ocean Games Partners with Polden Publishing on Data-Driven Market Validation
Blue Ocean Games, a Krafton‑backed early‑stage VC fund, has partnered with indie publisher Polden Publishing to co‑invest in games that prove market demand through Polden’s data‑driven validation process. Polden’s methodology has already generated more than 1 million Steam wishlists for prospective...
SG Enviro Closes Series A, Targets Water- and Energy-Hungry Data Centres and Fabs in SEA
Singapore‑based SG Enviro has closed a Series A round led by Emerald Ventures with co‑investment from SEEDS, the investment arm of SG Growth Capital. The capital will accelerate the firm’s regional rollout across Singapore, Malaysia, Indonesia and plans for Thailand, while sharpening...
NewLimit Secures $435 Million Series C to Fast‑Track Cell‑Rejuvenation Therapy
Anti‑aging biotech NewLimit closed a $435 million Series C round, led by Founders Fund and joined by Kleiner Perkins, Eli Lilly Ventures and others. The capital will fund a Phase 1 trial of its liver‑rejuvenation candidate and broaden its pipeline into kidney...
Layup Parts Lands $42 M Series A to Build an “Amazon of Composite Parts”
Ex‑Anduril engineer Zack Eakin’s Huntington Beach startup Layup Parts announced a $42 million Series A, led by dual‑use venture fund Marlinspike and joined by Cerberus Ventures, Pinegrove Venture Partners, Founders Fund and Lux Capital. The capital will fund hiring, a larger facility and...
AI Deep Tech Firm Apoha Secures £26.7m
London‑based deep‑tech startup Apoha announced a $36 million (£26.7 million) financing round to expand its "liquid state intelligence" data layer, which captures empirical behavior of matter, molecules and materials. The round was led by Singular with participation from Draper Associates and existing...