Today's Venture Capital Pulse
Updated 47m agoRamp projects $1.4 billion ARR as it gears up for IPO
Fintech startup Ramp says it will reach a $1.4 billion annual recurring revenue run rate this quarter, up from the $1 billion reported in September. The company cites a 70% year‑over‑year increase in its customer base and expects about $125 million in free cash flow for the year.
Also developing:
By the numbers: Beeline Medicines raises $300M Series A

Switching Venture Firms Is Not a Job Search
Transitioning between venture capital firms differs fundamentally from a typical job search. Because the senior VC talent pool is small, moves depend on existing relationships and how peers rank you, not on open listings. The article outlines a mental ranking system, emphasizing that reputation, independent deal flow, and network visibility drive opportunities, while recruiters play a minor role at senior levels. It also advises discreet exploration to maintain leverage during a transition.
VCs Inflate Valuations to Secure Next Fund
So at the end of the year I wrote an investment down to $0, my biggest write-off so far. $4m to $0. But my co-investor? He marked up his investment. From about $15m to $30m. How is this possible?...
Defense Unicorns Closes $136M Series B
Defense Unicorns announced closing a $136 million Series B financing round led by Bain Capital. The funding pushes the San Antonio‑based, veteran‑owned startup past the $1 billion valuation threshold, granting it unicorn status. The company reported a 300 % year‑over‑year increase in adoption of...
HPS/PayMedix Scoops Up $33M
HPS/PayMedix announced a $33 million equity and debt financing round to accelerate its PayMedix platform. The round was led by HLM Investment Partners with a $16 million growth equity contribution, alongside Escalate Capital Partners, RVM Enterprises, and existing backer SV Health Investors....
Testing Daily Signals to Boost Operator Decision Speed
For 11 years, I’ve sent a weekly newsletter. Five hundred seventy-two issues built around links people consistently tell me they actually read. That cadence works. I’m keeping it. But frequency isn’t the same thing as usefulness. A lot of operator...

Soft‑skill Platforms Can Generate Six‑figure Profits
People underestimate how profitable “soft skills” businesses can be. Live on @acquiredotcom: A 15-year social skills training platform built on live, coach-led practice. > $561K TTM revenue > $275K TTM profit > 4,400 active members Full listing: https://t.co/woKnEzxZXN https://t.co/Ejax6k1Lqx

Proxima Raises $80M in Seed Funding
Proxima, the NYC‑based AI‑native biotech formerly known as VantAI, announced an $80 million seed round led by DCVC with participation from NVentures and other investors. The capital will fund its proximity‑modulating therapeutics platform that expands the druggable target space. Proxima’s approach...
Build Your Audience Before Building the Product
If I were starting a product-company today, I would first start by building an audience that’s relevant to said product before even thinking about the product. Way easier to build and sell if you have close rapport with future potential...
CEOs in Fintech, SaaS Thrive via Thought Leadership
People often think social posting is most beneficial for consumer products, but being a thought leader as the CEO of a fintech, developer, or SaaS company also pays off big time.

Onebrief Raises $200M in Series D Funding; Acquires Battle Road Digital
Onebrief, a Honolulu‑based command‑center operating system provider, secured $220 million in Series D financing at a $2.15 billion valuation. The round was led by Battery Ventures and Sapphire Ventures, with participation from Salesforce Ventures, General Catalyst and Insight Partners. The capital will accelerate...

Enspire DBS Therapy Raises $10.3M in Series B1 Funding
Enspire DBS Therapy announced a $10.3 million Series B1 round, led by Genesys Capital with participation from Cleveland Clinic and JobsOhio Ventures. The financing brings new board member Jamie Stiff from Genesys Capital. The capital will fund continued enrollment in the multicenter...

RISA Labs Closes $11.1M Series A Funding Round
RISA Labs, a Palo Alto AI startup, closed an $11.1 million Series A round co‑led by Cencora Ventures and Optum Ventures. The funding will accelerate rollout of its AI operating system, the BOSS Console, across oncology clinics, health systems, specialty pharmacies and...

Defense Unicorns Raises $136M in Series B Funding at over $1 Billion Valuation
Defense Unicorns secured $136 million in a Series B round, pushing its valuation past $1 billion. The financing, led by Bain Capital and joined by Ansa Capital, Sapphire Ventures, Valor Equity Partners, AVP, Uncorrelated Ventures, and former CIA Director David Petraeus, will fund...

WitnessAI Raises $58M in Funding
WitnessAI, a Mountain View AI security startup, secured $58 million in a Series A round led by Sound Ventures, Anthropic and SentinelOne, with participation from Qualcomm Ventures, Samsung Ventures and others. The capital will fund a global go‑to‑market push and accelerate product...

The 33rd Team Closes Eight-Figure Series B Funding
The 33rd Team, a New York‑based football technology firm, announced the close of an eight‑figure Series B round. The round attracted prominent investors such as Liberty Media, FORTA Advisors, and Gary Vaynerchuk. CEO Mike Tannenbaum said the capital will fund geographic...
OurPetPolicy Raises $8M in Series A Funding
OurPetPolicy, a Boise‑based platform that manages pets and detects emotional support animal (ESA) fraud, announced an $8 million Series A round. The financing was led by RET Ventures with participation from StageDotO and Capital Eleven. The company will use the capital to...

WithCoverage Raises $42M in Series B Financing
WithCoverage, a New York‑based AI‑enabled risk management platform, secured $42 million in Series B financing. The round was led by Sequoia Capital and Khosla Ventures, with participation from 8VC and Crystal Venture Partners. The capital will fund product expansion and the hiring...

Superorganism Raises $25M to Back Biodiversity Startups
Superorganism, launched in 2023, closed its inaugural fund with $25.9 million from investors including the Cisco Foundation and Andreessen Horowitz partner Jeff Jordan. The firm will write $250,000‑$500,000 checks for pre‑seed and seed‑stage biodiversity startups and donate 10 % of profits to...

RxAnte Raises Strategic Growth Funding
RxAnte, a Portland, Maine‑based analytics and software provider for pharmacy care management, secured a strategic growth investment led by Primus Capital with continued backing from UPMC Enterprises. The undisclosed amount will be used to scale its value‑based pharmacy solutions and...

Bricks.sh Raises €1.6M in Pre-Seed Funding
Bricks.sh, a Milan‑based AI‑native internal‑tool builder, announced a €1.6 million pre‑seed round. The financing was led by Primo Capital with participation from Octopus First Cheque Fund, Eden Ventures, Vesper Holding, Vento, and several angel investors. The capital will be used to...

Aspen Power Receives $200M Strategic Capital Commitment From Deutsche Bank
Aspen Power, a New York‑based distributed generation platform, secured a $200 million strategic capital commitment from Deutsche Bank. The funding will expand its nationwide development, vendor engagement, and project deployment capabilities. Led by CEO Jorge Vargas and CFO Bill DeLong, the firm...

Founder Friends Seoul: Eric Bahn & Ethan Cho Live Jan 20
There are 7 days until Founder Friends Seoul. @ericbahn will be chatting with Ethan Cho and you know is gonna be a great chat when two super unhinged, honest, and hilarious humans hang. If you're in Seoul and free Jan 20, save...

OutSee Closes £2.5M Seed Funding Round
OutSee, a Cambridge‑based AI genomics startup, closed a £2.5 million seed round led by Ahren Innovation Capital, with participation from Kadmos Capital, Panacea, Empirical Ventures and 26 angel investors. The funding will accelerate experimental validation of therapeutic targets, expand an internal...

Accelsius Raises $65M in Series B Funding
Accelsius, an Austin‑based provider of two‑phase direct‑to‑chip liquid cooling for AI and high‑performance computing, closed a $65 million Series B round. The financing was led by Johnson Controls with a strategic investment from Legrand. The capital will fund rapid expansion of Accelsius’s...
E680 | Oskar Hartmann, Accumulator: From Beast Mode to a New Angel Investing Model
In this episode, Andreas Munk Holm talks with Oskar Hartmann, a serial founder turned super‑angel, about his "beast mode" approach, burnout lessons, and the importance of product‑soul fit. Hartmann explains the new Accumulator model—a share‑pooling mechanism that gives founders and...
Most B2B AI Features Fail; Winners Do Differently
Hot take: 90% of "AI features" shipping in B2B right now are terrible. The companies winning are doing something completely different. Come to SaaStr AI 2026 May 12-14 and learn what actually works from founders with the receipts. https://t.co/Ff7DKVt1H2
Six Key Steps to Close an M&A Deal
What are the basic milestones of a process (M&A or capital raise)? 1. Pre-marketing Complete the marketing materials (information packet and buyer list) and get your house in order. 2. Marketing Reach out to buyers, execute NDAs, and share marketing...
EpiBiologics Closes $107M Series B
EpiBiologics announced the close of a $107 million Series B round, co‑led by GV and Johnson & Johnson Innovation‑JJDC. The financing also attracted Novartis Venture Fund, Aulis Capital, Avego BioScience Capital, Samsara BioCapital and a slate of existing backers. The capital will...

Two Must‑Attend Events for Founders and Investors
Two upcoming events worth checking out for anyone building or investing: 🤝🇰🇷 Founder Friends Seoul - January 20, 2026 A space to connect and learn from each other. No pitches, no pressure. ⛺️ Camp Hustle 2026 - May 11-13, 2026 An oasis...
Cast AI Receives Strategic Investment
Cast AI, a Miami‑based leader in application performance automation, announced a strategic investment to accelerate its growth trajectory. The funding, sourced from a prominent venture capital firm, will be used to expand the platform’s AI‑driven automation capabilities and broaden its...
Synchrony Medical Inks $1M Funding
Synchrony Medical, a respiratory‑care technology firm, announced a $1 million investment from the New Jersey Innovation Evergreen Fund, matching a prior Edge Medical Ventures contribution. The capital will accelerate U.S. commercial operations for its FDA‑cleared LibAirty airway clearance system, fund ongoing...
Neuramint Raises $5M Seed
Neuramint, a Denver‑based AI agent platform for autonomous Web3 workflows, closed a $5 million seed round. The funding came from a consortium of Web3‑ and AI‑focused investors, including Maelstrom, Borderless Capital, Selini Capital, Symbolic Capital, Lattice Fund and Node Capital. The...
MagicCube Seals $10 Million
MagicCube, a software‑based security firm, announced a $10 million financing round. The round features new strategic participation from payment giant Verifone alongside existing backers Bold Capital, Mosaik Partners and ID Tech. Capital will be used to broaden the company’s portfolio beyond tap‑to‑phone...
VieCure Secures $43 Million Funding
VieCure, a Colorado‑based provider of intelligent oncology software, announced a $43 million financing round. The capital infusion, led by XYZ Ventures with participation from strategic healthcare investors, will fund product development and market expansion. VieCure plans to enhance its AI‑driven treatment...
Soley Therapeutics Inks $200 Million Series C
SOUTH SAN FRANCISCO, CA, Soley Therapeutics announced a $200 million Series C financing.
Nanochon Closes $4.1M Seed Prime II Funding Round
Nanochon, a Washington, D.C.-based orthopedic device startup, announced the close of a $4.1 million Seed Prime II funding round. The round was oversubscribed and brings the company’s total capital raised to $11.3 million. Nanochon is developing an implant aimed at repairing articular cartilage...
Accelsius Closes $65 Million Series B Funding
Accelsius, an Austin‑based provider of two‑phase, direct‑to‑chip liquid cooling for AI and high‑performance computing, closed a $65 million Series B round. The financing was led by Johnson Controls, with strategic participation from Legrand. The capital will fund product scaling, manufacturing capacity, and...
Founders’ Retention Payments Can Outshine VC Liquidation Preferences
Yes, VCs often have a “liquidation preference” But there is also a “founder preference”. It’s called retention payments, which can often be eight figures on top of any return from common. And are often structured in a way to...
AI Accelerates Competition: Stay Ahead or Become Irrelevant
Old rules: Around Year 5, the Competition Catches You in Whatever Made You Special Around Year 10, you have an Existential Threat. The tech world has changed so much, what you started with is sort of irrelevant. Today, with AI, often happens...

These Gen Zers Just Raised $11.75M to Put Africa’s Defense Back in the Hands of Africans
Terra Industries, a Nigerian defense startup founded by Gen‑Z entrepreneurs, raised $11.75 million in a Series A led by 8VC to build autonomous, multi‑domain security systems across Africa. The company aims to become the continent’s first pan‑African defense prime, offering drones, surveillance...

YC Partner Pete Koomen Discusses AI Boom with KTH
YC partner Pete Koomen (@koomen) is visiting KTH this month for an off-the-record talk with @HenrikTaro, KTH alum and CEO of Vesence. They’ll talk about startups, Stockholm, and how the AI boom is unfolding in Silicon Valley. Learn more at https://t.co/ymSLsFFmTw https://t.co/XEP0YL8QKO
VC Success: Prioritize Founder Agency Over Rigid Rules
Rules are the enemy of great returns -- but this is a very good heuristic for VC 👇 1⃣Founders with high agency 2⃣Encyclopedic about their industry 3⃣Who can materialize labor, capital & customers 4⃣Have "Count of Monte Cristo" motivation. Great pod by my...
E679 | This Week in European Tech with Dan, Mads & Lomax
In this episode Dan Bowyer, Mads Jensen, and Lomax Ward dissect a range of power shifts across European tech, from OpenAI’s health‑focused ChatGPT and the FDA’s fast‑track AI medical device approvals to Meta’s acquisition of AI‑agent platform Manus and Nvidia’s...
Untapped Domain Knowledge Fuels Niche Decentralized Entrepreneurship
" Everyone has domain knowledge in their head that is not monetized yet." @amasad of @Replit on the explosion of niche, decentralized entrepreneurs: https://t.co/Fd5FhtZSOG
Juniper's $7B Return Proved TCP/IP's Internet Dominance
Juniper returned $7b+ to Kleiner's ~$500m fund ... I think it was 2500X but often ignored. Only player doing TCP/IP for the public internet in 1996 when every telco customer wanted ATM. If Juniper had not started the internet likely...

20Growth: The $6.6B Growth Engine Behind ElevenLabs | Why ElevenLabs Do Not Have PMs | The 7 Part Launch Playbook...
In this episode, Luke Harries, Head of Growth at ElevenLabs, breaks down the company’s $6.6 billion growth engine, detailing how a horizontal product strategy and sharded growth teams drive massive scale. He shares a 7‑part launch playbook that routinely generates 700K+...
Scrappy Young Immigrants Outpaced Funded Giants, Redefined Industry
In retrospect, Sun as the beginning of a different kind of startup, the SCRAPPY but ambitious startup, from 20’s year olds without credibility or big connections. We beat the establishment startups like Apollo that had martini’s for lunch, had raised...
One‑Time Billionaire Tax Is Just First Step
My take on California’s “One-Time” Billionaire Tax. It’s much worse than it looks. 📉 Will it pass? Yes, likely. It only needs 50%+1 voter approval. SEIU + CTA have done this before—Prop 55 won 63% in 2016. ⚖️ Will it...

Squarespace Design Plugin Generates $340K Revenue, 39% Growth
Plugins + SaaS print money. Live on @acquiredotcom: All-in-one website design plugin for Squarespace freelancers and agencies. Faster builds, no custom code, sticky subscriptions. > $340K TTM revenue > $223K TTM profit > 39% YoY growth Full listing: https://t.co/Y8gnOYsd82 https://t.co/kiUkoUUPCu

Incumbents Shift From Open APIs to Closed Walls
Salesforce, Datadog & Epic are building walls. After two decades of flourishing through open APIs & data portability, the software industry's largest incumbents are locking down. https://t.co/7n6Tio3aJK