Today's Venture Capital Pulse

Clip raises $500M, pushes valuation past $2.5B
Mexican fintech Clip secured a $500M financing round, lifting its valuation to over $2.5B. The capital will fund a consumer‑focused wallet rollout and broaden its financial‑services platform. Investors were not disclosed and the round remains open.
Also developing:
By the numbers: OpenAI secures $122B private financing round
NanoCo Raises $12M Seed as It Launches Docker‑Sandboxed AI Agents for Every Employee
NanoCo announced a managed enterprise AI service that provisions a personal, Docker‑sandboxed agent for every employee, while closing a $12 million seed round led by Valley Capital Partners. The launch targets large firms seeking secure, per‑user AI assistants, differentiating itself from shared‑assistant models like Microsoft Copilot. Investors including Docker and Vercel backed the round, underscoring confidence in the sandboxed approach.
Quartermaster Secures $43M Series A to Deploy SmartMast Hive‑Mind for Ships
Arlington‑based Quartermaster closed a $43 million Series A, co‑led by First Round Capital and Quiet Capital, to scale its SmartMast sensor suite. The funding will accelerate a distributed “hive‑mind” that equips hundreds of vessels with real‑time maritime data, challenging the aging...
StepStone Posts Q4 2026 GAAP Loss as Fair‑Value Adjustments Hit Private‑Market Valuations
StepStone Group disclosed a $7.8 million GAAP loss for Q4 2026, primarily from fair‑value adjustments to private‑wealth profit interests. Fee‑related earnings climbed 12% to $105 million, and the firm raised a record $14 billion in new capital, underscoring tension between valuation...

Muybridge Raises $16M Series A to Scale Software-Defined Camera Technology
Norwegian imaging firm Muybridge closed an oversubscribed $16 million Series A round led by Investinor, Fairpoint, Idekapital and RunwayFBU. The capital will accelerate its software‑defined imaging platform, which swaps traditional broadcast camera rigs for compact 4K sensor arrays and GPU‑driven virtual viewpoints....

General Catalyst Just Led a $63M Bet on India’s Travel Payments Market
Indian fintech Scapia raised $63 million in an all‑equity round led by US venture firm General Catalyst, pushing its post‑money valuation above $500 million—more than double its April 2025 level. The financing arrives as global fintech deal flow slows, with India’s Q1 2026 fintech...
Mouro Capital Secures $400 Million First Close for Fintech Fund III
Mouro Capital announced a $400 million first close for its third fund, with Banco Santander as the anchor LP. The new capital lifts the firm’s total commitments since 2015 to over $1 billion and expands its focus on AI, data infrastructure and...

Three Companies in a Rocket’s Clothing: Reading the SpaceX S-1
SpaceX’s S‑1 filing shows the company now runs three distinct segments—Space (rocket launches), Connectivity (Starlink) and AI (xAI/X). Starlink generated $11.4 billion in 2025 revenue and $4.4 billion operating profit, while the AI unit posted a $6.4 billion operating loss and $12.7 billion capex....
RemotePass Secures $17.4 Million Series B to Expand Its Global Payroll Platform
RemotePass closed a $17.4 million Series B round led by EBRD Venture Capital with 500 Global joining as a strategic investor. The funding will accelerate the company’s expansion in Europe and the United States, deepen compliance coverage, and boost its fintech...
Oister Global Launches $61 Million ACE Fund III, Its Third Indian Secondary Fund
Oister Global announced the launch of ACE Fund III, a Rs 500 crore ($61 million) secondary‑focused vehicle targeting late‑stage Indian startups. The fund introduces a “glass‑box” structure that shows limited partners prospective investments before capital is committed, addressing long‑standing transparency and liquidity concerns...
Eisen Secures $18.5M Seed and Series A
Eisen, an AI‑driven compliance operations platform for fintechs and financial institutions, announced an $18.5 million financing round that includes a $10 million Series A. The round was led by MissionOG, with an $8.5 million seed led by Index Ventures and participation from Cowboy Ventures,...

InDrive Launches Aurora Ventures
inDrive, the ride‑hailing and fintech platform operating in 48 countries, announced the launch of Aurora Ventures, an investment program dedicated to women‑led startups in emerging markets. The pilot will allocate up to $250,000 per company and target early‑stage firms across...

Piper Serica Launches ₹800 Cr VC Fund To Back Deeptech Startups
Piper Serica has launched the Bharat Tech Fund, a Category II alternative investment fund with a potential size of ₹800 cr (about $96 million), of which ₹600 cr ($72 million) is targeted initially and a ₹200 cr greenshoe is available. The fund will invest ₹25‑50 cr...
Boeing, Lockheed Supplier Raises $300M, Plans to Expand Factory Footprint
Advanced Manufacturing Company of America (AMCA) secured $300 million in a Series B round, pushing its valuation to $1 billion. The capital will fund the creation and acquisition of additional factories and expand its AI‑driven platform, Rapid, which accelerates component design to production....
Viktor Lands $75 M Round to Embed AI Coworker in Slack, Teams
AI startup Viktor raised $75 million in a Series A round led by Accel, bringing its virtual coworker technology to Slack and Microsoft Teams. The funding backs a product that already serves over 2,000 organizations and hit a $15 million annualized revenue...
Amca
Amca, a designer and manufacturer of high‑precision aerospace actuators, switches, hydraulics and power electronics, announced a Series B financing round. The capital will expand its production capacity and accelerate certification of components used on the Boeing 737, 787 and the Lockheed Martin F‑35. By...
Engage Multiple Buyers to Capture Higher Valuations
Even though all buyers in an M&A or capital raise process are working off the same data, you'd be surprised by how much valuation varies from one buyer to the next. Because each buyer/investor has a unique investment thesis they're...

Oister Global Launches Third Secondaries Fund With ₹500 Cr Corpus
Oister Global has launched its third secondaries vehicle, ACE Fund III, with a ₹500 Cr (~$60 M) corpus, split between a ₹250 Cr base and a greenshoe option. The fund will chase late‑stage secondary stakes in high‑growth tech firms that show solid unit economics...
Adam Draper Backs AI Cinema Startup M00m World with Undisclosed Investment
Adam Draper, the Boost VC founder, confirmed an undisclosed investment in AI‑driven cinema platform m00m world after a breakfast meeting with CEO Jordan Freda. The deal highlights a shift toward generative‑AI content creation as VFX houses face capacity challenges.

EOR Platform Raises $17.4M Series B
RemotePass announced a $17.4 million Series B round led by EBRD Venture Capital, with participation from 500 Global and existing backers. The London‑based EOR, payroll and spend platform now supports over 35,000 workers in more than 150 countries and has processed roughly $800 million...

Decart Secures $300m in New Funding Round
Decart, an AI research lab focused on low‑latency world‑model infrastructure, raised $300 million in a round led by Radical Ventures, taking its total funding above $450 million. The financing attracted a mix of corporate backers—including Nvidia, Toyota Ventures, Adobe Ventures, and Sequoia...
Embodied AI Fuels Record Robotics Funding In China As IPO Momentum Builds
Venture capital in China’s robotics sector reached a record $5.6 billion through mid‑May 2026, matching the total raised in 2021. The surge is driven by embodied‑AI startups, with companies like TARS Robotics, X Square, Spirit AI and EngineAI securing multi‑hundred‑million‑dollar rounds...
Ocean Secures $28M Series A to Fight AI‑Powered Phishing
Ocean, the AI‑focused email security startup founded by former teen hacker Shay Shwartz, closed a $28 million Series A led by Lightspeed Venture Partners. The funding will accelerate its agentic platform that scans billions of emails monthly to block AI‑generated phishing...

Mouro Capital Expands Beyond Santander with Fund III
London‑based venture capital firm Mouro Capital is preparing to launch Fund III, its first vehicle without Banco Santander as the sole limited partner. Since its inception, Santander has been the exclusive LP, but the new fund will seek capital from...

Infrawatch Secures $3M Pre-Seed for Internet Infrastructure Intelligence
London‑based Infrawatch has closed a $3 million pre‑seed round co‑led by Outward VC and Triple Point Ventures. The startup is building an Internet Infrastructure Intelligence Layer that maps the underlying servers, domains and networks used in cyberattacks, phishing and online fraud....

Stablecoin Payments Infrastructure Startup Checker Raises $8 Million for Africa, Asia Expansion
Checker, a stablecoin payments infrastructure startup, raised $8 million in seed funding to expand across Africa, Asia and Latin America. The round was led by Galaxy Ventures, Al Mada Ventures and Framework Ventures, with participation from regional fintechs and investors such as...

Overwatch AI Secures $1.5m Pre-Seed Funding to Modernise Airline Operations
Overwatch AI, an aviation operations platform founded by former pilot Leo Kotil and tech entrepreneur Nikita Kaeshko, secured $1.5 million in pre‑seed funding from United Airlines Ventures, Baobab Ventures and other investors. The AI‑driven system consolidates fragmented airline data into a...

UpGrad Valued at $1.7 Bn in Fresh Round; Provisional FY26 Financials Show Profit
India’s online higher‑education platform upGrad secured a fresh Rs 361 crore ($38 million) funding round, pushing its valuation to roughly $1.73 billion. Co‑founder Ronnie Screwvala led the round with a $36 million investment, while existing backers Temasek, IFC and 360 ONE added $5.4 million, $1.2 million and $0.7 million...
Eisen Secures Series A Funding, Expands Hiring
🚀 Big congrats to Allen Osgood and team Eisen on your series A - and welcome team MissionOG ! We're proud at Cowboy Ventures to be on your team (and thanks also for helping each of us find funds we...
Slow Growth Squeezes Early Investors; Prioritize Revenue From Seed
When startups don’t grow quickly enough, early investors are squeezed. Later rounds dilute all shareholders (investors, founders, employees), and this is especially painful when the round is flat or down. It's one reason we're so focused on revenue +...
Armada Secures $230 Million Series B to Build Modular AI Data Centers in Arizona
Armada announced a $230 million Series B round that values the modular data‑center builder at $2 billion and funds a new 400,000‑square‑foot factory in Arizona. The capital, led by Johnson Controls, will accelerate production of its megawatt‑scale Leviathan units, promising faster, on‑site AI...
2000‑Shareholder Rule Fuels SPV Boom and Syndication
One big reason for the SPV boom is the 2000 shareholder rule. If you did look-thru on SpaceX SPVs, for example, there's no way it doesn't breach the limit. If a startup is raising $300-$1b from a "VC fund," it's lying...

DeepMind Co-Founder Backed Anthropic Before Google’s Billion‑Dollar Investment
New reporting revealed that Google Deepmind’s Demis Hassabis was an early angel investor in Anthropic, with Google also separately investing billions in the AI rival [Reg Req] https://t.co/kmdW7iOh0U #ArtificialIntelligence #Innovation #Technology #Tech #TechNews https://t.co/naLNwp8Dpz
LetinAR Secures $18.5M to Accelerate AI‑Glass Optics for Real‑Time Navigation
LetinAR, the LG‑backed South Korean optics startup, closed an $18.5 million financing round led by Korea Development Bank and Lotte Ventures. The funding will scale its PinTILT lens technology, which promises thinner, lighter, and more power‑efficient AI‑glass modules for real‑time navigation...
IDG Capital Launches $2 Billion China-Focused Fundraising Round
IDG Capital, which has backed Tencent and Coinbase, has kicked off fundraising for $2 billion, according to sources It joins other CHN-focused fund managers raising dollars from sovereign wealth funds, family offices https://t.co/B5QXLDXW8d @echowonghk
Lexroom Secures $50M Series B to Expand Legal AI Across Europe’s Civil Law Markets
Lexroom, the Milan‑based legal‑tech startup, closed a $50 million Series B round led by Left Lane Capital, bringing its total funding to over $73 million. The capital will fund expansion into Spain and Germany, targeting the under‑served civil law market in Europe. Investors...
AI Megadeals Drive Global VC Surge in Q1 2026, KPMG Report Shows
KPMG’s Q1 2026 Venture Pulse report reveals a sharp rise in global venture capital funding, propelled by historic AI megadeals and multiple billion‑dollar rounds. The Americas accounted for the bulk of the surge, while Europe and Asia posted solid starts, and...

The Venture Capital and Investment View From Inside Robotics’ Defining Decade
Cybernetix Ventures was founded in 2021 to fill a gap in early‑stage robotics financing, offering investors who understand hardware‑software integration and deployment cycles. Since then, the robotics venture landscape has shifted dramatically, with generalist SaaS‑focused funds and corporate venture arms...
Armada Inks $230M Oversubscribed Series B
Armada announced a $230 million Series B round at a $2 billion pre‑money valuation, making it the company’s largest and heavily oversubscribed financing to date. The round was co‑led by Overmatch, BlackRock and 8090 Industries and brought total capital raised to nearly $500 million....

EQT Has Won the EU's €5bn Superfund. Now What?
The European Union has appointed Swedish investment firm EQT to manage its new €5 billion (≈ $5.45 billion) Scaleup Europe Fund, a super‑fund designed to supply late‑stage capital to high‑growth European companies. EQT won the mandate after a competitive process that included Atomico...
Full-Life Technologies Secures $150 Million Series D to Scale Radiotherapeutics Platform
Full-Life Technologies closed a $150 million financing package—$110 million in Series D equity and $40 million in debt—led by Vivo Capital and a slate of strategic investors. The capital will accelerate its alpha‑emitting radiotherapeutics pipeline and bring a GMP‑grade manufacturing site in Belgium online,...
Radar Hits Unicorn Valuation with $170M Series B, Boosting Retail Theft Prevention
Radar, the RFID‑based inventory and loss‑prevention startup founded by Spencer Hewett, closed a $170 million Series B round that values the company at over $1 billion, making it a unicorn. Backed by American Eagle CEO Jay Schottenstein and co‑led by Gideon Strategic Partners and...
Business Insider Unveils Seed 100 and Seed 40 Rankings, Highlighting AI‑Heavy Bets and Gender Gap
Business Insider released its annual Seed 100 and Seed 40 rankings, naming the most successful early‑stage investors and a companion list of top women investors. The reports note a surge in mega‑seed rounds—$2 billion for Thinking Machines Lab and $1.03 billion for...
Astron Secures $73.5 Million Series A to Build China’s First Reusable Rocket
Beijing‑based Astron announced a 500 million‑yuan ($73.5 million) Series A round, bringing total funding to 1 billion yuan ($147 million). The cash will fund development of its AS‑1 reusable carrier rocket, with a maiden flight targeted for early 2027.

Will Borthwick: BOLD Capital Partners
Will Borthwick, a former Fed and investment‑banking professional, leads BOLD Capital Partners, a venture firm focused on exponential technologies that promise rapid capability gains. The firm’s portfolio spans stratospheric drones, de‑extinction projects, humanoid robots and AI‑enabled hardware, reflecting a thesis...

Century Health Raises $5M for CHARM AI Platform to Accelerate Life Sciences Research
Century Health announced an oversubscribed $5 million seed round led by Origin Ventures, bringing its total funding to a strategic level. The company’s CHARM AI platform automates extraction of unstructured electronic health record data with a validated 97% accuracy rate. Over...
Nourish Raises $100M Series C to Reverse Chronic Disease with AI-Native Metabolic Clinic
Nourish, the nation’s largest dietitian‑led metabolic health clinic, announced a $100 million Series C round, lifting its total capital to $215 million. The funding, led by Menlo Ventures and joined by a slate of top venture firms, will expand its AI‑native clinic network,...

I’m Quite Bullish on Vertical AI Ryan Laughran, Audrey AI Co-Founder and CEO
Audrey AI, a Dublin‑based startup building AI tools for financial auditors, closed a $1.8 million pre‑seed round. The round was led by Sure Valley Ventures, Delta Partners and Enterprise Ireland, with individual investors Donnchadh Casey and Conor Jones also participating. Co‑founder...
LawX Secures €7.5 Million Seed to Launch Europe’s First AI Legal Operating System
Berlin‑based legal‑tech startup LawX closed a €7.5 million ($8.2 million) seed round led by Motive Partners, with participation from WENVEST Capital, xdeck and SIVentures. The funding will accelerate development of an AI‑driven operating system that automates back‑office tasks for law firms and...
AI Surge Pulls Europe’s Top Startups to U.S., Sparking VC Realignment
European AI founders are accelerating moves to the United States as U.S. enterprise demand now accounts for roughly 80% of global venture capital. The trend is underscored by high‑profile funding rounds such as Dust’s $40 million Series B and Lovable’s $400 million...

Stilta Raises $10.5M From A16z and YC to Help Companies Rediscover the Patents They Forgot They Had
Stilta, an AI-driven intellectual‑property platform, announced a $10.5 million seed round led by Andreessen Horowitz, with participation from Y Combinator and operators from OpenAI, Legora, and Lovable. The startup automates patent research, conflict analysis, and litigation‑grade reporting using a network of AI...