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

PadSplit Secures ORIX Financing; A Federal Court Upholds America’s Most Controversial Coliving Ban; 4.1 Million Australians Turn to Coliving, and...
PadSplit announced a new debt financing facility from ORIX USA’s Growth Capital, signaling institutional confidence in affordable shared‑housing infrastructure. A federal appeals court upheld Shawnee, Kansas’s ordinance that limits more than three unrelated adults from sharing a dwelling, raising zoning risk for coliving operators nationwide. In Australia, Finder reports 4.1 million people now co‑live to offset soaring rent and living costs, highlighting a survival‑driven demand surge. Meanwhile, Spain’s coliving sector is shifting toward a “flex‑living” model as regulators tighten residential‑use protections, and a dedicated Coliving M&A Marketplace launches to streamline transactions.
General Catalyst Appoints Nikesh Harora as Lead Independent Director
Thrilled to welcome @nikesharora as @generalcatalyst's first lead independent director. Nikesh brings the rare combination of investor thinking and operator execution and has led some of the most consequential tech orgs in the world. I've long admired the clarity and...
OG Capital’s Sayan Ghosh Says Capital Is Plentiful, Execution Support Remains Scarce
Sayan Ghosh, founder of Ortella Global Capital (OG Capital), told YourStory that while India now has over 300 active venture funds, founders still struggle to find execution support. OG Capital’s $36 million fund invests in just two to three companies a...

MENA Startup Funding Slips to $941 Million in Q1 2026 Amid Heightened Geopolitical Risk
Startup funding in the Middle East and North Africa slipped to $941 million in Q1 2026, a 21.5% quarter‑on‑quarter decline and a 37% drop year‑on‑year as geopolitical tensions escalated. The UAE dominated the market with $625.8 million across 46 deals, while Saudi Arabia...

Tamwilcom Launches $69 Million Venture-Building Programme to Support 800 Moroccan Startups
Moroccan public financing institution Tamwilcom has unveiled a $69 million (MAD 700 million) venture‑building programme aimed at nurturing 800 early‑stage startups over the next three years. The initiative blends capital, monthly founder stipends, grants and loans of up to $220,000 with hands‑on mentorship...
Answer Cash Amount, Not Valuation, when Asked Fundraising
I had back to back convos today where I asked a founder, how much are you raising? And instead of telling me the $$ amount they’re raising, they told me the valuation they’re raising at. So if someone asks, how much are...

Rumor Fact(ory): DistroKid Explores $2B Sale
DistroKid, the DIY digital music distributor that claims to handle roughly 40% of new releases and serves over two million artists, is reportedly exploring a sale valued at $2 billion. The company’s last disclosed valuation was $1.3 billion in a 2021 funding...
Aria Networks Snares $125M Funding
Aria Networks announced a $125 million financing round led by Sutter Hill Ventures, Atreides Management, Valor Equity Partners, and Eclipse Ventures. The capital will fund the general availability of its AI‑native platform, the Networks that Think, which the company touts as...
Citra Space Announces $15M Series A
Citra Space Corp announced a $15 million Series A financing led by Washington Harbour Partners, with participation from Industrious Ventures, Reliable Properties, Scout VC, Squadra Ventures, Alumni Ventures, and Flex Capital. The round adds to earlier backers and provides fresh capital to...
Modus Scores $85M in Seed & Series A Funding
Modus, an AI‑native audit technology platform and holding company, announced an $85 million financing round that combines seed and Series A capital. The round was led by Lightspeed Venture Partners with participation from Comma Capital and entrepreneur Garry Tan. The capital will...

Vivatides Therapeutics Raises $54M for RNA Expansion
Vivatides Therapeutics announced a $54 million Series A round, led by Qiming Venture Partners and backed by several other investors. The funding will accelerate its proprietary extrahepatic delivery platform, designed to transport RNA molecules such as siRNA and antisense oligonucleotides beyond the...
Endovascular Engineering Inks $80 Million Series C
Endovascular Engineering announced an oversubscribed $80 million Series C financing round co‑led by Gilde Healthcare and Norwest. Existing backers—including Sante Ventures, 415 Capital, S3 Ventures, Panakes Partners, and M&L Healthcare Investments—also participated, alongside two undisclosed strategic investors and a new global strategic...
Critical Loop Scores $26M Series A
Critical Loop, an industrial power solutions firm, closed a $26 million Series A round led by Conifer Infrastructure Partners and Hanover, with participation from Better Ventures, Climate Capital, Adapt Nation Capital, and Cyrus Ventures. The financing lifts the company's total committed equity...
Decision Science Advisors Inks Series A Financing
Decision Science Advisors (DSA), a specialist in applied AI and data advisory, announced a Series A financing round led by Jefferies Financial Group. The capital injection will bolster DSA’s AI-driven offerings for private‑equity clients and fund its geographic expansion across the...

Eka Ventures Raises $107m for Fund II, Focused on UK Impact Start-Ups
London‑based Eka Ventures has closed its second fund at $107 million, aimed at backing UK‑based impact startups. The fund’s limited partner list now includes the Health Foundation, the Esmée Fairbairn Foundation, the Vivensa Foundation, and several family offices. Building on a...

Scope Of Startup India FoF 2.0 Expanded To Support Deeptech, Manufacturing Investments
The Indian government’s Department for Promotion of Industry and Internal Trade (DPIIT) has launched Startup India Fund of Funds 2.0 with a ₹10,000 crore (~$1.2 billion) corpus, expanding its mandate to deep‑tech, tech‑driven manufacturing and micro‑VC backed early‑stage startups. Disbursements to SEBI‑registered...

Humility and Paranoia
The author argues that the two traits most predictive of founder success are humility and paranoia. Humility forces founders to listen to customers and respect the hidden constraints of legacy industries, while paranoia compels relentless monitoring of competitors and market...
Singapore’s Own AI Company Agnes AI Expands AI Infrastructure Platform and Confirms Series A Funding
Singapore‑based Agnes AI announced a $10 million Series A round led by Look Forward VCC and said its AI infrastructure platform is nearing $20 million in annual recurring revenue. The company markets a model‑first, agentic AI system that it claims delivers about 90%...

Tofu Raises $12M to Consolidate Campaign Execution for GTM Teams
Tofu announced a $12 million Series A round to accelerate its AI-powered unified platform for go‑to‑market (GTM) teams. The funding, led by SignalFire with participation from HubSpot Ventures and other investors, will fund new product capabilities and deeper integrations. Tofu’s...
Insurteam Raises $1.3m to Expand MGA Ops in Europe
Swiss InsurTech Insurteam closed a $1.3 million round to accelerate its Managing General Agent (MGA) rollout across Europe. The capital will fund the deployment of its AI‑driven platform that can slash claim‑handling costs by up to 80% and shrink processing times...

Replenit Raises $2.5M to Bring Real-Time AI Decision-Making to Retail
Replenit, an AI decision engine that converts customer signals into real‑time, individualized actions, closed a $2.5 million pre‑seed round co‑led by Movens Capital and Vastpoint. The Warsaw‑based startup adds a reasoning layer to existing retail data stacks, enabling brands to move...

AI Compliance Startup Haast Closes $12m Series A
AI‑native compliance platform Haast announced a $12 million Series A round, bringing its total US capital to $17.05 million. The round was led by Peak XV Partners with participation from DST Global and Airtree, among others. Haast will use the funds to scale its agentic...

Citra Space Raises $15 Million Series A to Expand Platform for Identifying Objects in Orbit
Citra Space announced a $15 million Series A round led by Washington Harbour Partners to scale its space‑domain‑awareness platform. The Colorado startup, founded by former U.S. Space Force officers, aggregates data from ground and space sensors to create persistent fingerprints of orbital...
Beneficient Invests $8.75 M GP Primary Capital Into Quartus AI Fund
Beneficient has completed an $8.75 million GP primary capital transaction with Quartus AI Fund LP, managed by Quartus Capital Partners LLC. The deal adds fresh capital to an AI‑focused venture vehicle and highlights growing LP appetite for early‑stage AI investments.

How to Fix Canadian VC
The BetaKit Podcast returned to dissect the sharp contraction of Canadian venture capital that began in 2023, erasing a decade’s worth of capital raised and deployed. A panel of senior venture figures attributes the slump to a thin limited‑partner base...

The New Seed Filter: What Investors Look for Beyond the Demo
Partech partner Alison Imbert says polished AI demos mean little at seed stage; investors now demand gritty customer research, clear distribution plans and technical depth. Managing the €53 million (≈$57 million) Paris‑Saclay Seed fund, she backs engineering‑centric B2B SaaS startups that can prove...

STACKUP: The Stack's Weekly Tech Startups and Funding Wrap
The Stack’s weekly roundup highlights a surge of AI‑centric funding across Europe and Asia‑Pacific, with the largest raises coming from those regions. Notable deals include a $100 million‑plus round for a data‑centre startup, a similar-sized investment in RISC‑V chip designer SiFive,...

TLG in West African Aviation Deal
Falcon Aerospace, operating as VivaJets, secured a $15 million credit facility backed by TLG Capital, Premium Trust Bank and Access Bank UK. The financing, structured by TLG, will underwrite a new operations hub in Côte d’Ivoire, build local aviation maintenance capabilities,...
China Leads Asia’s Startup Funding To Its Highest Level In More Than 3 Years
Asia’s venture capital market rebounded in Q1 2026, with investors deploying $27.4 bn across seed to growth stages—a 20% rise from the previous quarter and nearly double year‑over‑year. China led the surge, accounting for $16.5 bn (60% of the region’s total) driven...

Finnish Venture Capital Fundraising Reaches Record €678 Million
Finnish venture capital (VC) investors raised a record €678 million (≈ $746 million) in 2025, while Finnish startups secured a historic €1.9 billion (≈ $2.09 billion) in total investments. Lifeline Ventures led the fund‑raising wave with a €425 million (≈ $468 million) vehicle, the largest ever in Finland. About...
ElevenLabs to Hire 120 New Sales Reps, Doubling Team Amid $500M Funding
ElevenLabs, the AI voice‑cloning startup valued at $11 billion, announced it will add 120 sales employees this year, effectively doubling its sales force. Vice‑president of sales Carles Reina says candidates must be ready for “a huge amount of hours” and aggressive...
Q1 2025 VC Mega‑Rounds Hit $78 B, AI Claims 62% of Deals
Venture capital firms deployed $78 billion in the first quarter of 2025, a 15% jump from the same period a year earlier. AI companies dominated the mega‑round landscape, securing 62% of deals, while climate tech saw renewed investor interest and fintech...
Self-Driving Firms Face $300K‑$500K Salary Surge as Defense Startups Poach Talent
Base compensation for engineers at self‑driving vehicle firms has surged to $300,000‑$500,000 as defense‑tech startups aggressively poach talent. The trend threatens startups and automakers, while venture firm Eclipse fuels the competition with a new $1.3 billion physical‑AI fund.

Zell Raises €500K to Scale AI-Powered Sales Management
Berlin‑based AI startup Zell announced a €500,000 (approximately $550,000) funding round co‑led by P3 Ventures, SkyDeck Europe, UC Berkeley SkyDeck and others. The capital will accelerate the rollout of its platform that layers automated coaching on top of CRM and...
Nesto Raises €11m From Expedition to Scale AI Workforce Management for Restaurant Groups
Karlsruhe‑based Nesto Software raised €11 million (≈$12 million) in growth equity from Expedition Growth Capital to accelerate its AI‑driven workforce‑management platform. The round, Nesto’s first institutional financing after bootstrapping to over €5 million ARR, will fund product development, sales expansion, and the evolution...

Eka Ventures Launches £80m Fund to Back Health and Sustainability Startups
Early‑stage impact VC Eka Ventures has closed a second fund of £80 million (about $102 million) to back UK‑founded health, wellbeing and sustainability startups. The British Business Bank is committing £40 million (~$51 million), matching its support for the firm’s first fund. The fund...

Europe Defies Regulation, Adds 11 New Unicorns
"European tech is dead" is just cope at this point. Europe continues to mint world-changing startups despite being the most regulated market on Earth. Meet the 11 latest $1B+ unicorns of Europe:
Solid Linear Businesses Beat Hype‑driven 100M Targets
Apparently hot take: Investing in something that has a rock solid linear business model is still a smart move. Saying anything that doesn't reach 100M valuation in 3 years is a waste is terribly myopic. VC theses are truly hilarious most...

Dealflow.es #508: Xoople's €130M "Round". Wallbox Rescue Plan. Inditex VC Activity.
Spanish satellite‑imaging startup Xoople announced a €130 million (≈$140 million) Series B, largely funded by public money and without any revenue or satellites built. Electric‑vehicle charger maker Wallbox secured a court‑approved rescue plan to restructure over €180 million (≈$195 million) of debt, with fresh cash...
Why Anthropic Chose Coefficient Bio Over Bigger Rivals?
Reading up on the Coefficient Bio deal. I totally get the industrial logic around why Anthropic should care about drug discovery. But why this particular company? There's lots of more scaled players doing this. Can anyone educate me? https://t.co/akFVmRUaYw
Chernin Group Backs Real's Rapid Social Sports Growth
Glass Break: The Chernin Group recently led a minority investment round in Real, a fast-growing social box score/PBP app with a fascinating backstory Details at @FOS https://t.co/TjfrntcK9u

Richardson Family Office Invests in Singapore AI Healthtech Startup Injewelme
The UK‑based Richardson family office has invested $1.2 million in Singapore AI health‑tech startup injewelme, joining lead investor Catalytic Capital for Climate and Health (C3H) of Temasek Trust. The funding, facilitated through the Co‑Axis impact marketplace, complements Richardson’s pledged $185,000 commitment...
Round Size Alone Tells Nothing without Financial Context
Imagine a funding announcement with actual financials… Why did we all decide to include one number: Round size Meaningless. Means zilch without knowing burn rate, profitable/not, margin, pre/ post money valuation, revenue multiple relative to peer set, growth rate.
Transparent LP Communication Builds Trust for Sustainable Funds
Transparency and communication with LPs are crucial for building trust and long-term relationships. Keep them informed and engaged, sharing both successes and challenges. Trust is the cornerstone of sustainable fund management. ✨

Finnish Proptech Jaakko.com Secures €500K to Scale Beyond Domestic Market
Finnish proptech startup Jaakko.com secured €500,000 (about $545,000) in a mixed angel‑institutional round to accelerate product development and push beyond Finland. The marketplace already hosts over 2,000 hidden properties and 3,000 active buy‑sell listings, with seller activity more than doubling...
StepFun Dismantles Offshore Structure to Enable IPO
Chinese AI startup StepFun to unwind offshore structure to pave way for IPO, sources say https://t.co/92y5pk6rlV
Round Raises $6M to Automate the Finance Workflows that Still Require a Human to Press a Button
London fintech Round announced a $6 million seed round led by Alstin Capital, with participation from Backed VC, Love Ventures, and several angel investors including Indeed co‑founder Paul Forster. The funding backs the launch of two new products—a natural‑language Agentic Workflow Builder and an...
UK Impact VC Eka Ventures Closes Second Fund at $107M
Eka Ventures announced the close of its second fund at $107 million (£80 million), bringing total assets under management to $200 million and making it the UK’s largest early‑stage impact‑focused venture capital firm. Fund II will back up to 30 pre‑seed and seed...

Startup Funding: Q1 2026
Q1 2026 saw private semiconductor startups raise over $8 billion across 80 companies, with 18 rounds exceeding $100 million and two mega‑rounds—Cerebras and Rapidus—reaching $1 billion each. AI‑centric chip designs for inference and high‑bandwidth interconnects dominated the capital, while photonics and agentic EDA...

Humyn Labs Commits $20M to Build Physical AI Systems for Infrastructure
Humyn Labs, an AI startup focused on human data infrastructure for physical AI, announced a $20 million capital commitment to accelerate its mission of organizing and validating human intelligence at scale. The funds will be allocated across three strategic pillars to...