Today's Venture Capital Pulse
Updated 2h agoPlazza eyes $15M raise to expand hyper‑local medicine delivery
Bengaluru‑based quick‑medicine delivery startup Plazza is in advanced talks to raise about $15 million, with roughly $4 million each expected from Accel, Elevation Capital and Nexus Venture Partners and $3 million from existing backers. The funding would value the company near $50 million and support the expansion of its inventory‑led, hyper‑local fulfilment network.
Also developing:
By the numbers: Beeline Medicines raises $300M Series A

Brickanta Closes $8M Round to Expand AI Use in Construction Planning
Brickanta, a Stockholm‑based AI platform for construction, closed an $8 million seed round led by Northzone, with participation from tech‑savvy angels and Y Combinator. The startup’s AI‑native operating system focuses on pre‑construction workflows such as bid analysis, cost estimation, and procurement. It already serves hundreds of users across eleven countries, enabling faster change‑order pricing and rapid RFP generation. Brickanta plans to scale throughout Europe, leveraging Eurocode standards and expanding its engineering and product teams.

Brickanta Raises $8M in Seed Funding
Brickanta, a Stockholm‑based developer of an agentic AI platform for construction, announced an $8 million seed round. The financing was led by Northzone with participation from Y Combinator, 20VC, and angels linked to OpenAI, Google and Meta. High‑profile athletes Mario Götze...

Flowla Raises $2.5M to Scale Sales and Customer Automation
London‑based Flowla, an AI‑assisted automation platform for sales and customer success, closed a $2.5 million seed round led by Revo Capital. The funding will accelerate development of its buyer‑journey automation engine and fund a U.S. go‑to‑market team. Flowla’s no‑code digital sales...

Compa Gets $35M Series B for Real-Time Pay Analytics
Compensation platform Compa secured $35 million in Series B financing, led by Jump Capital with participation from Crosslink, Storm Ventures and others. The AI‑driven solution aggregates nine million real‑time market observations to replace traditional salary surveys, delivering instant pay analytics across salary,...

VC Deals Flat, Funding Doubles – Concentration Rises
Per latest data from @cartainc, from 2023-2025: VC Deals Up Only 3%, But Dollars Up 130% From Q1 2023 to Q4 2025, the number of deals went from 802 to 823. Basically flat. But dollars deployed? $12.8B to $29.5B. That's 2.3x. VCs...
Miles Gerson, Sofia Guerra Among VCs Landing New Roles
Miles Gerson and Sofia Guerra, two prominent venture capitalists in the life‑science sector, have announced new senior positions at leading biotech‑focused firms. Gerson is joining XYZ Ventures as Managing Partner, while Guerra moves to ABC Capital as General Partner. Both...
Double Down on Winners: Increase Ownership Every Round
I'm a co-investor with a mega VC fund we don't talk about as much here but they are wildly successful in many top IPOs and top decile returns. And they have a really simple way they do follow-on checks: ✅If the company...
Ricursive Intelligence Scores $300M Series A
Ricursive Intelligence, a frontier artificial‑intelligence laboratory based in Palo Alto, announced a $300 million Series A financing round. The round was led by Lightspeed Venture Partners and featured participation from DST Global, NVentures, Felicis Ventures, 49 Palms Ventures, Radical AI, and Sequoia Capital....

VC Firm 2150 Raises €210M Fund to Solve Cities’ Climate Challenges
European venture firm 2150 closed a €210 million second fund, lifting its assets under management to €500 million. The fund targets climate‑focused startups that address urban infrastructure bottlenecks, with an eye on data‑center efficiency, industrial automation and AI‑driven solutions. It plans to...

A16z Pivots to Crypto, Seed, Secondaries, Abandons Series C/D
Really interesting chart from a16z's latest State of Markets report: - a16z deployed $1.5B into crypto tokens in 2025. This looks to be majority of their increase in capital deployed between 2024 and 2025. - Also looks like a big jump in...

Standard Nuclear Raises $140M in Series A Funding
Standard Nuclear, an Oak Ridge‑based producer of TRISO nuclear fuel, secured $140 million in Series A financing led by Decisive Point, with participation from Chevron Technology Ventures, Andreessen Horowitz and other investors. The capital will fund a scale‑up to over two metric...

Mine Raises $14M in Funding
Mine, a New York‑based personal‑finance startup, closed a $14 million financing round led by 359 Capital, with participation from Kleiner Perkins, FJ Labs, Y Combinator and U.S. News & World Report. The new capital brings its total funding to $28 million. Mine...

Barnwell Bio Raises $6M in Seed Funding
Barnwell Bio, a New York‑based precision animal health intelligence firm, announced a $6 million seed round. The financing was led by Twelve Below and included a roster of agritech‑focused investors such as Max Ventures, Dorm Room Fund, and AgVentures Alliance. Barnwell...

Tradespace Raises $15M Series A Led by AVP
Tradespace announced a $15 million Series A round led by AVP, with participation from existing backers Eniac Ventures, Amplo VC, and Scrum Ventures. The funding will accelerate its AI‑native intellectual property platform that aims to halve external legal spend and...

Grid Aero Raises $20M in Series A Funding
San Leonardo‑based Grid Aero, an autonomous aircraft startup, announced a $20 million Series A round. The financing was led by Bison Ventures and Geodesic Capital, with participation from Stony Lonesome Group, Alumni Ventures, and returning backers such as Ubiquity, Calibrate, and Commonweal...

Former Google DeepMind Scientists Raise $300M for AI Chip Startup
Ricursive Intelligence, founded by former Google DeepMind scientists behind AlphaChip, closed a $300 million Series A round at a $4 billion post‑money valuation. The funding, led by Lightspeed Venture Partners and backed by NVentures, Sequoia and others, will expand its research team and...

Upwind Secures $250 Million to Expand Runtime-First Cloud Security for AI Workloads
Upwind announced a $250 million Series B round, bringing total capital to $430 million. The funding, led by Bessemer Venture Partners with participation from Salesforce Ventures and Picture Capital, will accelerate the company’s runtime‑first cloud security platform aimed at AI‑driven workloads. Upwind claims...

Lower‑Middle Market M&A Thrives;
I’ve had so many conversations with founders who tell me they almost sold during ZIRP, then decided to wait because they were sure the market would only get better. They expected multiples to keep rising, capital to stay cheap, and buyers...

MyARC Launches New Platform for Fitness Creators Following €2M+ Funding Round
London‑based MyARC has raised over $2 million from investors including Araya Ventures, Morgan Stanley, Techstars and G Fund. The capital backs the launch of a next‑generation platform that automates personalized training, nutrition and app creation for fitness creators. MyARC claims its...

STAMP Raises €4M in Funding
Fintech company STAMP announced a €4 million funding round led by Dozen, with participation from EBISU Digital and FC Barcelona’s Barça Innovation Hub, including footballer Thibaut Courtois as an investor. The capital will accelerate the firm’s expansion across Europe, enhance its...

Synthesia Hits $4B Valuation, Lets Employees Cash Out
British AI startup Synthesia closed a $200 million Series E round, lifting its valuation to $4 billion, up from $2.1 billion a year earlier. The funding, led by GV and backed by existing investors, coincides with the company surpassing $100 million in annual recurring revenue...
Stop Talking, Start Building AI Solutions
There’s an AI GTM startup I really like the founders of, they’ve been asking us for 6+ months to try them. I appreciate the emails, calls, DMs, etc. And the endless offers to “get on the phone” to see a...
E686 | Jan Hofmann, Viessmann Generations Group and Christian Hernandez, 2150: From Climate Hype to Industrial Reality
In this episode, host Andreas Munk Holm talks with Jan Hofmann of Viessmann Generations Group and Christian Hernandez, GP of 2150, about the current state of climate‑tech investing. They argue that hype has faded, leaving only robust business models and...

Beauty Bay Appoints Advisors to Undertake Strategic Review
UK‑based online beauty retailer Beauty Bay has engaged advisory firm Interpath to conduct a strategic review. The review aims to explore fresh capital options, including attracting an investment partner or pursuing a sale. Sources say the process to secure new...

Mobility Fintech GoCab Closes $45m Funding to Expand Drive-To-Own Model
GoCab, a London‑based mobility fintech, closed $45 million in funding – $15 million seed equity and $30 million debt – led by E3 Capital and Janngo VC. The company provides a drive‑to‑own vehicle financing model for gig‑economy drivers and offers add‑on BNPL products,...

Deal Flow Quality Trumps Picking Skill for VC Success
Deal Flow Quality beats “picking skill” The figure below is a reminder that most VC chest-thumping is aimed at the wrong variable. In venture, outcomes are driven by two levers: >Pool quality (base rate): how many real winners exist in what you see >Picking...
Zoom Jumps 10% as Anthropic Stake Finally Priced
Zoom is up 10% today, or about what its Anthropic position would be worth (I'd guess closer to 50x than 85x). It's trading at a $28B market cap as of right now, and its Anthropic position is probably worth ~$2-3B. Insane this...
The Model T Comes to Silicon Valley
The early 20th‑century assembly line slashed Model T production time by 90%, triggering a wave of consolidation that left only 44 automakers by 1929. Today, AI‑driven coding assistants are delivering comparable productivity gains—55‑81% faster development—in roughly five years. The auto boom...

Free Ultimate Guide for First-Time Angel Investors
We wrote the ultimate angel investing guide to help first-time angels. And it’s 100% free. More>> https://t.co/IiGiQKSHBR
Customer Success Benchmarks: Pay, Staffing, and P&L Guidance
“How the hell do I plan for customer success?” -How should I pay the CS team? -Where should it go on the P&L? -What ratio should I use to staff it? -How big should the team be? Here are the...
The Future of Everything: What CEOs of Circle, CrowdStrike & More See Coming in 2026
In this episode, the All‑In hosts interview four CEOs about the landscape they expect in 2026. Jeremy Allaire of Circle discusses the post‑GENIUS Act stablecoin environment, interest‑rate pressures and how AI will reshape money. George Kurtz of CrowdStrike warns that...
Entrepreneurs Often Run Jobs, Not Independent Businesses
Many entrepreneurs think they’re independent simply by starting their own business, but if you have a complex cap table, a bank loan that’s always on your mind, or silent (or loud) partners who see things different ways, there’s a very...

Hadrian Raises Funding for Automated Manufacturing, Bringing Valuation to $1.6B
Hadrian, an AI‑powered factory builder for aerospace and defense, announced a new funding round that lifts its valuation to $1.6 billion. The capital, led by T. Rowe Price and backed by a16z, Founders Fund and other investors, will fund rapid factory expansion,...

Asset Manager Warns That OpenAI Is Likely Headed for Financial Disaster
OpenAI, led by Sam Altman, has pledged to spend over $1 trillion on AI infrastructure by 2030, despite lacking a core revenue stream. Recent data shows the company burning roughly $12 billion each quarter and $15 million daily on its Sora text‑to‑video project....
Full-Team Commitment Fuels AI Startup Success
🤷♀️"AI Native" startups don't have access to better LLMs 🤷They often don't have smarter engineers 🤷♂️They don't know the space any better 🤷♀️Their sales team are often tiny and mediocre So why do they win? 100% of their team wants to do, and are willing...

20VC: Raising $400M for 20VC: Fundraising Lessons | Getting Marc Benioff Through 53 Cold Emails: How to Master Cold Outbound...
In this episode Harry Stebbings shares his rapid early success, details how he secured a cold‑email interview with Marc Benioff after 53 attempts, and reveals unconventional fundraising tactics like raising $70 M via WhatsApp. He introduces a decision‑making framework inspired by Pat Grady...

Top Funding Rounds Raised by Greek Startups in 2025
Greek startups raised more than €732 million in 2025, a 35 % jump from the previous year, with over 90 companies securing capital from 143 investors worldwide. The surge reflects Greece’s growing ecosystem maturity and heightened international visibility. Spotawheel led the pack...
Investors Diverge, Favor B
Five founders pitched, and these investors came to wildly different picks. Maxwell Weiss, of Pacific Bays Capital, and Fred Almeida, of American Medical Intelligence, chose B2B SAAS startups building for air quality testing and supply chain risk.
AI's Rapid Progress Outpaces Bubble Concerns, Driving Profits
"There’s pockets of bubble-ish dynamics. But the technology is improving so fast, there’s so much more room to improve, and companies accelerating in AI are printing money."

Sovereign Space, Smart Weather, and a Very Busy Orbit.
The episode spotlights major developments in the increasingly crowded orbital environment, including D‑Orbit’s $53 million Series D raise to boost M&A and in‑space computing, Loft Orbital’s selection as prime contractor for France’s DESIR radar‑imaging program, and Aalyria’s award from the U.S. Air...

AI Era Triples ARR per Employee, Winners Pull Ahead
Per @a16z, the gap in ARR/employee has widened dramatically in the Age of AI $700k per FTE vs. $200k per FTE You're either pulling away here, or falling way, way behind https://t.co/6CD2h5yM6X
AI Generates Real‑Time Investor Flow Reports From X
How much value is locked up here on X? Or, what is the money doing in AI? I had @blevlabs's AI (a state of the art cognitive architecture that works a lot better than Grok or ChatGPT for these kinds of...

Here Are the 20 FinTech Deals of the Past Week
FinTech fundraising fell to $898 million across 20 deals, down from $1.5 billion the week before. The biggest round was UAE‑based WealthTech startup Mal, which raised $230 million to launch an AI‑native Islamic digital bank. U.S. music‑tech firm Duetti secured $200 million, while PayTech...
Data Room Activity Reveals Buyer Seriousness for Better Negotiations
All of our clients use a data room. A data room is a secure, online document repository to host important resources related to selling a business/raising capital. The primary reason for utilizing data rooms is to stay organized and make...
AI Startups Outperform Non‑AI: Higher ARR, Faster Growth
👨🦳Non-AI startups: - Lots CSMs (vs FDEs) - AI agent is slow / not truly great, not #1 focus of company - Not gaining market share - Customers don’t want to pay 2x-10x more for AI Agent (honest truth: not great) - Still very large...

This $800M Startup Makes ChatGPT 24x Faster
Inferact, the startup behind the open‑source vLLM inference engine, announced a $150 million seed round that pushes its valuation to $800 million. vLLM, now used by Amazon and other cloud providers, accelerates ChatGPT‑style models by 2‑24× through PagedAttention and continuous batching. The...
PE Shifts Away From Vanilla SaaS, Seeks AI Growth
There’s a tough topic that it’s time to be honest about in 2026: PE is no longer coming to the rescue. It was a great run. From 2012-2023 or so, almost any B2B or SaaS company that hit $20M ARR,...
Founders Overraise, Ignoring YC’s “Default Alive” Wisdom
YC’s best advice is “default alive” - have enough cash to survive without the next raise. Great advice… nobody f*cking does it. Paul Graham (the founder of YC) once said he’d raise $500K, get ramen profitable, and probably never raise...
M&A Advisor on Ecommerce Valuations
Frank Kosarek, co‑founder of BizPort, explains that ecommerce valuations now hinge on seller discretionary earnings (SDE) rather than top‑line revenue, with multiples typically 2×–2.5× and up to 5× for subscription‑heavy brands. He notes that buyers prefer companies generating recurring sales,...
Venture Funding Hits Decade Low Amid AI Optimism
For decades, venture capital has expanded practically by default. More funds, more managers, more capital. Today, fundraising, firm formation, and LP participation are all moving in the same direction: down. After 20+ years, we are now facing the first meaningful...