What's happening: Machina Labs raises $124M Series C to build AI-driven intelligent factory
Machina Labs closed a $124 million Series C round led by Woven Capital, Lockheed Martin Ventures, Balerion Space Ventures and the Strategic Development Fund. The capital will fund a 200,000‑square‑foot Intelligent Factory in the United States, featuring up to 50 RoboCraftsman cells that produce complex metal assemblies for defense, aerospace and automotive customers.
Also developing:
Vertical AI startups face a paradox in 2026: funding exploded 85% to $211 billion while enterprise IT budgets barely grow 2% and consolidate vendors. Traditional SaaS GTM tactics—outbound blasts, demo‑first pitches, and volume‑driven pipelines—no longer win because buyers pick a preliminary favorite early in independent research. Only 0.5% of startups that adopt market‑shaping GTM—controlling narrative, securing analyst validation, and engineering early proof—can survive. Market shaping addresses the buyer attention crisis, budget consolidation trap, and evidence gap simultaneously.
The defense ecosystem is evolving into a three‑layer stack of venture capital, cloud infrastructure, and digital commerce. Mandate‑driven VC firms such as In‑QTel, a16z’s American Dynamism and Shield Capital are financing AI, autonomous and cyber startups that resemble Silicon Valley...

Runpod, an AI‑app‑hosting platform founded by former Comcast developers, has reached a $120 million annual revenue run rate. The company bootstrapped to $1 million in revenue within nine months, leveraging Reddit outreach to acquire early users and attract a $20 million seed round...
How do we see vertical Software M&A and fund raising shaping up for 2026? A lot of founders we speak with are trying to figure out what 2026 might actually look like if they're thinking about raising capital or selling....
During the J.P. Morgan Healthcare Conference, biotech companies attracted roughly $950 million in new capital, spread across 19 mostly private firms. The influx followed an early‑2026 surge of venture deals that pushed total private biotech funding to about $3 billion. Most of...
The first 3 years of starting a company really wears you down. Finding product-market fit is hard. But once you get some success and push through that wall, that’s when it gets good. Unfortunately, too many people run out of...
I got so much positive response to my previous post about hosting a VC AI tool show and tell that I created a form to capture interest - if you'd like to stay in the loop please fill this out...

The week’s top ten U.S. funding rounds highlighted a surge in capital for robotics, AI hardware, and defense technologies. Skild AI led the pack with a $1.4 billion raise, pushing its valuation above $14 billion. Other notable deals included Etched.ai’s $500 million for...
Postscript 's Chris Brubaker is not afraid to color outside the lines of finance. In fact, it may be his superpower. As a master at partnering with sales and an advocate for finance leaders to have tech skills past the...

JPMorgan Chase announced the formation of a Private Capital Advisory and Solutions team to help companies raise private financing, including early‑stage equity, preferred stock and convertible bonds. The unit will link investors with firms seeking capital and explore secondary fund...
OTTO SPORT AI announced a $16.5 million seed round co‑led by Mamba Growth Equity and Rally Ventures. The capital will accelerate its next‑generation youth‑sports operating system and expand the AI Lab that builds purpose‑built tools for clubs, leagues, and tournaments. The...
Merciv emerged from stealth with a $14 million seed round led by AI x IA, a partnership between Off Road Capital and Commonwealth Asset Management. Over two years, the startup proved its AI‑native consumer intelligence platform with several Fortune 500 companies, securing enterprise traction...
Before $20,000,000 in ARR Maybe even before $50,000,000 in ARR Do not hire anyone with "strategist" in the first few lines of their LinkedIn bio
During last month’s NeurIPS 2025 conference, YC’s @sdianahu sat down with @Thom_Wolf, co-founder and CSO of Hugging Face to discuss his unconventional journey from physics and law to building one of the most influential open-source AI platforms. They discussed why open...

The J.P. Morgan Healthcare Summit in San Francisco highlighted a surge in radiopharmaceutical development, positioning precision radiation therapy as a key growth area in oncology. AI‑driven molecular profiling is accelerating biomarker discovery and drug design, while the GLP‑1 market expands with...
AI startups are rapidly converging on healthcare, with OpenAI acquiring Torch, Anthropic launching Claude for healthcare, and MergeLabs securing a $250 million seed round at an $850 million valuation. These moves signal a flood of capital and product development focused on health...
I see this pattern over and over in great exits. Founders don’t start by trying to sell. They start by solving a real problem well. Arman Iranpour (@ArmanIranpour) and Matt Aleali (@aleali_mahdi) were real estate investors frustrated by how slow and...
Meritech reports that 2025 delivered a muted IPO market, with only six pure‑play software listings, while merger‑and‑acquisition activity surged to $587 billion—the highest in a decade. Leading private firms such as SpaceX, OpenAI and Stripe continued to stay private, limiting public‑market...
The strategic problem for openAI is that if the input box isn’t the product, then either the product is dozens of new apps or dozens of features in existing apps, and that means they’re competing with every startup on earth...
The Mega-Fund Math vs Reality Below is a simple case study on fund math. People are asking if a16z can really do a 3-5x on a $15B fund. To 3x net on $15B, you need ~$45B back. Assume ~5% ownership at exit. 👉 That...
Haydale has completed its acquisition of Intelligent Resource Management Limited, trading as SaveMoneyCutCarbon (SMCC), after raising roughly £5.75 million in associated fundraising. The deal brings SMCC’s Impact Partner Programme and JustHeat technology under Haydale’s graphene‑enabled portfolio, creating immediate cross‑selling opportunities. SMCC’s...

Cybersecurity venture funding surged to $18 billion in 2025, a 26% increase over 2024 and the third‑largest total in a decade. Seven mega‑rounds of $400 million or more, highlighted by Cyera’s $940 million and Saviynt’s $700 million raises, drove the headline growth. Despite higher...

Japanese launch startup Interstellar Technologies announced a Series F financing round that raised 20.1 billion yen (about $130 million), nearly doubling its total capital to 44.6 billion yen. The round combined 14.8 billion yen of equity, led by Woven by Toyota, and 5.3 billion yen of...

Unifyr, a Cary, North Carolina‑based AI‑driven partner ecosystem platform, announced a $20 million investment from Investcorp Technology Partners Fund V. The capital will be deployed to accelerate Unifyr’s international expansion and to enhance its platform capabilities. CEO Michael Kugler said the...

H.I.G. Capital announced the closing of its fourth European lower‑middle‑market private‑equity fund, H.I.G. Europe Capital Partners IV, at €1.6 billion. The fund is backed by a diversified global limited‑partner base spanning North America, Europe, the Middle East and Asia. With more than...

DC BLOX, an Atlanta‑based provider of connected data center and fiber solutions, secured $240 million in HoldCo financing from Global Infrastructure Partners, a BlackRock affiliate. The capital will fund a rapid rollout of hyperscale data centers across the Southeast United States....

Clue, the Berlin‑based period and cycle‑tracking app, secured a strategic investment from Verdane. The capital will fund accelerated product innovation, broader global market penetration, and deeper healthcare collaborations, including clinical research and technology integration. Verdane’s backing signals confidence in Clue’s...
I caught up with a portfolio founder who is doing super well. Profitable. Throwing off $1m+ in annual cash. Growing quickly. Doesn’t need to raise. But he didn’t take a holiday break - because he’s the bottleneck. If your company...
1/ The Back Door Is Open How Acute Infection Could Make Anti-Infectives Investable Again Anti-infectives never died. The business model did. Low prices. Short courses. High resistance risk. Pharma walked. Now look at Alfasigma stepping into HSV encephalitis. Small deal. Narrow indication. Big implication....

HSBC has joined a $220 million debt‑equity round for WeLab, the Hong Kong‑based fintech that runs two digital banks and serves more than 70 million customers across Hong Kong, Mainland China and Indonesia. The financing, also backed by Prudential, Fubon Bank, HKIC, TOM Group...
Today, if there’s a good idea, prepare to see 100s of it. There’s a lot of sameness. In this market, leadership excellence wins. @marissamayer's experience is a major edge, but so is her ability to know how to put it...
One of the things that surprised me about YC is how long we continue to advise founders. We thought we'd just help them get started and then hand them over to later stage investors, but in fact we're still talking...
Mytra announced the close of a $120 million Series C financing round, led by Avenir Growth and joined by new backers Kivu Ventures, Liquid 2, D.E. Shaw and Offline Ventures, alongside existing supporters. Strategic corporate investors Lineage and RyderVentures (Ryder System) also participated. The...
Renewa Lands announced it has raised $502 million in financing from a consortium of leading institutional investors, including QIC and La Caisse. The Houston‑based firm provides land‑based financing solutions for clean‑energy infrastructure, acquiring leasehold interests, land, rental streams, and royalty...

Cloudflare announced the acquisition of Human Native, an AI data marketplace that links content creators with artificial‑intelligence developers. The purchase price was not disclosed. The deal aims to give Cloudflare tools to index, price, and monetize creator‑generated data for AI...
Retell AI is one of the strongest companies we've invested in -- they've got an incredible team and product, and outlandish growth. They're hiring their first product manager if you or anyone you know might be interested: https://lnkd.in/gvRtGBXw

After steering DocuSign to a landmark IPO, former CEO Court Lorenzini launched Founder Nexus, a membership‑based platform that pairs entrepreneurs with peer mentors worldwide. The service eschews equity stakes and fees, instead using a five‑tier matching system to connect founders...
Congrats to Tracy Young Ralph Gootee and the TigerEye Team. So proud to work with this team all these years and can't wait to see what they do as a part of Lennar.

I passed on Airbnb in 2008. My note to the founders said I had "concerns about travel-oriented startups." A masterpiece of missing the point. Here's what I got wrong: https://t.co/syj5L8gRxz

New Mountain Capital closed its second non‑control private‑equity vehicle, the New Mountain Strategic Equity Fund II, at $1.2 billion, more than double the $640 million raised for the first fund in 2020. The fund attracted a broad base of pension funds, insurers,...
I think the truth that few investors like to swallow is that the best companies really never needed them. Either for their money or their advice and connections. Those companies would’ve been great anyway.

Back in the day, folks talked about Sand Hill VCs going to Bucks and doing deals over breakfast But the hipper VCs were in Palo Alto. And they did breakfast at Il Fornaio Another one that couldn’t make it in...

CloudSEK, the Bengaluru‑based AI‑powered cyber‑threat‑intelligence firm, secured a strategic investment from Connecticut Innovations as part of a $10 million Series B2 round. The funding follows a $19 million Series B1 raise and will fuel the company’s U.S. expansion, including a new regional hub in...
As a founder, I found that one of the hardest things about fundraising is managing the fundraise and the business at the same time. Both are full time jobs. And doing both haphazardly is the worst of all worlds.
.@AuleSpace announced the closing of $2M in pre-seed funding to develop spacecraft that will be able to grapple onto existing sats in GEO (no preassembly required) and provide up to six years of extra propulsion. https://t.co/5Qw44UmT5A
Positive Development secured a $45 million growth debt facility from Silicon Valley Bank and Pinegrove Venture Partners. The capital will fund expansion of developmental therapy and autism diagnostics into new U.S. markets, pursue strategic acquisitions, and broaden health‑plan access. CEO Mike...

Higgsfield, a San Francisco AI‑native generative video platform, secured $80 million in a Series A extension, bringing total Series A capital to over $130 million and valuing the company at more than $1.3 billion. The funding follows a rapid growth trajectory that saw the firm...

Coxwave, a Seoul‑based AI product analytics firm, closed a $5 million pre‑Series A round. The financing was led by L&S Venture Capital and included Hyundai’s venture arms and KDB Capital. CEO Joowon Kim says the capital will boost technical development and broaden...

GrowthPal announced a $2.6 million funding round led by Ideaspring Capital to fast‑track its AI‑driven M&A sourcing platform and broaden its global footprint. The solution replaces traditional banker networks with AI agents that scan a database of over four million technology...
Lingfeng Capital announced the upcoming launch of its Digital Venture Fund (DVF), a regulated, tokenised venture vehicle. The fund will operate across multiple blockchain networks, giving investors exposure to early‑stage fintech and digital infrastructure projects. By tokenising equity stakes, DVF...