Today's Venture Capital Pulse

Qorelo secures $3.5M seed round to accelerate AI‑driven SAP migrations
AI‑focused startup Qorelo announced a $3.5 million seed round led by HPI Ventures and Caesar Ventures. The funding will be used to develop its AI‑powered layer that automates functional workstreams in SAP S/4HANA migrations, which the company says can cut project timelines by up to 45 percent ahead of the 2027 SAP migration deadline.
Also developing:
By the numbers: Sygaldry Technologies raises $139M in seed and Series A round

One to One Health Raises $12M in Funding
One to One Health, a Chattanooga-based provider of employer-sponsored onsite and virtual primary care, announced a $12 million financing round led by Frist Cressey Ventures. The capital will fuel nationwide expansion and further development of its AI-enabled Intelligent Care Manager platform. CEO Dave Kinzler says the funds will meet rising demand for advanced primary‑care models among employers, universities and health plans. The company currently supports over 650 organizations and more than 500,000 members.

The New Gold Rush in Brain Science
Venture capitalists are aggressively targeting the brain, with billions flowing into CNS drug development and neurotechnology after breakthroughs in biomarkers, imaging and patient stratification. Big‑pharma deals—Johnson & Johnson’s $14.6 billion acquisition of Intra‑Cellular Therapies and Sanofi’s $470 million purchase of Vigil Neuroscience—signal...
AI Managing AI
Recent advances have pushed tool‑calling accuracy for large language models past the 90% mark, a dramatic leap from the sub‑50% success rates seen two years ago. This improvement is driven by trillion‑parameter models that excel at context‑rich orchestration, while smaller...
Ecommerce Startups and the New Funding Landscape in Europe
The episode explains how European Shopify ecommerce founders must first secure strong unit economics and cross‑border readiness before seeking capital, as investors favor scalable, profitable models. It maps a funding roadmap—from bootstrapping through revenue‑based financing to EU public programs—highlighting the...
Capital Efficiency and Aggressive Growth Can Coexist
Today NextView’s portfolio company Hatch was acquired by Yelp for $270M. Having led the company’s seed round and served on the board, I’m grateful for the journey – and the lessons learned from founders Chris Bache and Bill Violante 👇...
Khosla and Rabois Reveal How Tech Titans Collaborate
New Uncapped with two of the greats, Vinod Khosla and Keith Rabois . I don't think I've seen them on a podcast together so I was especially excited about this. I asked them about how they work together, how they...
Zarminali Pediatrics Raises $110M Series A
Zarminali Pediatrics announced a $110 million Series A round, led by Healthier Capital with participation from General Catalyst and K2 HealthVentures. The Chicago‑based startup is the first purpose‑built outpatient pediatric destination that combines primary and specialty care under one roof. The funding...
AI Cuts Sales Headcount, Supercharges Top Reps
GTM tools made the mid-pack reps more effective. That was the story from 2005-2024 or so. They created repeatability and efficiency so that 50%, 70%+ of your team could run the exact same playbook and at least hit quota. Many...
Build for the Problem, Not the Solution
In the late 90s founders raised hundreds of MILLIONs for new fax technologies… But when was the last time you faxed a document? Startups need to be PROBLEM-centric, not solution-centric. Fax technology was focused on making faxes work better, rather...
PraxisPro Grabs $6M Seed Round
PraxisPro, a data‑intelligence startup focused on life‑sciences, announced the close of an oversubscribed $6 million seed round on Jan 21, 2026 in Houston, Texas. The round was led by AlleyCorp and attracted participation from Flybridge, South Loop Ventures, Zeal Capital Partners, True Ventures,...
AheadComputing Scores $30M Seed 2 Funding
AheadComputing announced a $30 million Seed 2 financing, bringing its total capital to $53 million. The round was co‑led by Eclipse, Toyota Ventures, and Cambium, with participation from Corner, Trousdale Ventures, EPIQ, MESH and Stata. The funding supports the startup’s development of a...
Claim Health Lands $4.4M Seed Funding
Claim Health announced a $4.4 million seed round led by Maverick Ventures, with participation from Peak XV, Y Combinator, DHVP, and senior executives from large post‑acute care providers. The funding underscores strong market demand for its AI‑native revenue‑operations platform that automates legacy workflows....
Upscale AI Closes Oversubscribed $200M Series A
Upscale AI, a pure‑play AI networking infrastructure startup, closed a $200 million Series A round. The financing was led by Tiger Global, Premji Invest, and Xora Innovation, with participation from Intel Capital, Qualcomm Ventures and other notable investors. The new capital brings...
High‑growth SaaS Firms Thrive While Low‑growth Tumble
Will designers design first in a world where AI can code software immediately, or just describe the design? Will large enterprises pay for premium observability when AI can migrate & monitor open source competitors? As Michael Mauboussin writes , there’s...
Founder Resilience Beats Funding: Mission over Money
When investing in founders, do you check for their karma? Shinichi Takamiya of Globis Capital Partners says he does just that. Looking for spiritual motivation, NOT moneyed interests. Shinichi points to how the best founders are deeply rooted to their...

SEC Chairman Paul Atkins: Israel Has Punched Far Above Its Weight in Ways that Defy Easy Explanation”
SEC Chairman Paul Atkins praised Israel’s innovation ecosystem during a speech at the Tel Aviv Stock Exchange. He emphasized that Israel generates the highest number of startups per capita and ranks second globally in venture‑capital per capita, despite its small...
Upsell & Cross‑sell Boost M&A Valuation
As a SaaS company, the benefits of being able to up-sell or cross-sell a customer go beyond just growing your revenue base. When the time comes to start conversations with strategic buyers or investors, your ability to grow the average...

OpenEvidence, An AI-Powered ‘Brain Extender’ For Doctors, Doubles Valuation To $12B With $250M Series D
OpenEvidence, a Miami‑based AI medical search platform, closed a $250 million Series D round that doubled its valuation to $12 billion. The funding, led by Thrive Capital and DST with participation from GV, Sequoia, Kleiner Perkins and Coatue, brings total capital raised to...

CyberNut Closes $5M Growth Capital for K-12 Security Awareness Training
CyberNut, a Miami‑based startup, closed a $5 million minority growth equity round led by Growth Street Partners to scale its K‑12 cybersecurity awareness platform. The company, which emerged from stealth in May 2024 after raising $800,000 in pre‑seed capital, already serves over...

OpenAI’s Former Sales Leader Joins VC Firm Acrew: OpenAI Taught Her Where Startups Can Build a ‘Moat’
Aliisa Rosenthal, OpenAI’s first sales leader, has become a general partner at venture‑capital firm Acrew Capital. During her three‑year stint at OpenAI she built an enterprise sales organization that launched products such as DALL·E, ChatGPT, and Sora. Rosenthal says AI startups...
Sell to the Buyer Who Gets Your Vision
Maxime Berger (@MaximeMB_) didn’t sell BlogBuster to the highest bidder on @acquiredotcom. He had a lot of options and fit was the deciding factor. Some buyers came from totally different industries. Nothing SaaS. Nothing product-led. And Maxime kept thinking about his...
Real AI Value Lies in Unglamorous, Time‑Bleeding Work
Enterprise AI strategy is backwards. Most people are focusing on Chief AI Officers and pilot programs, when the real value is in the unglamorous work where organizations bleed time. More thoughts:

Think Bioscience Gets $55M to Unearth New Drug Pockets
Think Bioscience, a Boulder‑based biotech, announced a $55 million Series A round that was oversubscribed by investors. The capital will fund its platform that seeks previously hidden binding pockets on proteins and other molecules. By targeting these cryptic sites, the company aims...
How Elvijs Plugis Is Rethinking Investment Through Execution
Elvijs Plugis argues that modern growth is limited by execution, not capital, especially in the 12‑24 months after funding. He promotes an execution‑led investment model that embeds ownership, governance, and operational authority before large capital deployments. The approach treats execution...
Formulary Financial Emerges From Stealth to Reinvent Fund Administration
Formulary Financial has emerged from stealth with a $4.6 million seed round led by Khosla Ventures and backed by several other investors. The startup offers an AI-native fund administration platform that consolidates data, automates workflows, and delivers real‑time reporting across the...
UK Tech Funding Drops 11% in 2025, but Late-Stage Capital Remains Resilient
UK tech companies raised $15.3 billion in 2025, an 11 percent drop from the previous year, yet the market retained its rank as the world’s second‑largest tech funding hub behind the United States. Deal volume contracted 35 percent, but late‑stage financing proved resilient,...

Fracttal Raises $35M to Expand AI-Driven Maintenance for Asset-Intensive Industries
Madrid‑based Fracttal closed a $35 million round led by Riverwood Capital to accelerate its AI‑driven maintenance platform. The company already serves more than 1,500 customers in over 60 countries, managing more than 20 million registered assets. Fracttal One integrates enterprise systems, third‑party...

Discovery-Driven Planning: A Better Way to Evaluate Venture Investments
The episode explains how Discovery‑Driven Planning (DDP) transforms venture evaluation by treating every business plan as a set of testable hypotheses rather than a fixed forecast. It outlines the three core tenets of DDP—only validated assumptions receive capital, funding is...
OpenAI Shows U.S. Can Lead AI Through
OpenAI's work here is proof that America can win the AI race and invest in the communities that house the infrastructure to make American AI exceptional.

Bolna Nabs $6.3M From General Catalyst for Its India-Focused Voice Orchestration Platform
Bolna, an Indian voice‑orchestration startup, closed a $6.3 million seed round led by General Catalyst, adding Y Combinator and several angel investors. The company now processes over 200,000 calls daily and is on track to surpass $700,000 in annual recurring revenue,...
Learn How to Build True AI-First B2B Companies
Be honest: Do you actually know how to build an AI-first B2B company? Or are you just bolting GPT onto your existing product and hoping? SaaStr AI 2026. May 12-14. SF Bay. Come learn from founders, execs + leaders who've...

Space Foundation to Host Innovate Space: Finance Forum in Partnership With Texas Space Commission
Space Foundation announced the Innovate Space: Finance Forum, an executive‑level conference slated for Feb. 18‑19, 2026 at the JW Marriott Dallas Arts District. Partnering with the Texas Space Commission, the event will gather senior leaders from finance, government, and the space sector...
BrightInsight Secures $13M Funding Round
BrightInsight announced a $13 million financing round backed by Eclipse, General Catalyst, Insight Partners, Mayo Clinic and New Leaf Venture Partners. The capital will accelerate its AI‑enabled medication persistence and adherence solutions and scale the Patient App built with Sanofi and...

Working in Orbit: What Happens when Space Goes Blue Collar?
Venture capital is flooding the burgeoning space economy, funding startups from asteroid mining to lunar gas stations. In a TechCrunch podcast, professor Mary‑Jane Rubenstein warns that religious stories and science‑fiction tropes are shaping public expectations and policy for these ventures....
Sarah Lacy Unveils Decade-Old Pando Videos, Including Thiel Talk
Sarah Lacy is putting her Pando video archives online, for the first time in YEARS. She just dropped a 2012 discussion with Peter Thiel, and also has an interesting 2026 reaction video from her (which i'll thread in comments below)...

Was 2025 a Good Year for the WealthTech Sector?
FinTech Global interviewed Kidbrooke’s head of business development, Zaliia Gindullina, to assess 2025’s performance in WealthTech. While the sector saw a noticeable dip in funding rounds and total capital raised, established players continued to expand. Providers shifted from experimental pilots...
Balance Finite Wins with Infinite Growth Strategies
Businesses must play both finite and infinite games. Finite games have known players, rules, and objectives - the goal is to win. Landing a sale. Hitting a milestone. Infinite games are timeless and have unknown players, rules, and objectives - the goal...

AI Powers the Next Evolution of Data Stacks
After a decade of success, the modern data stack has entered consolidation. What comes next? The postmodern data stack is AI. The modern data stack created more than $100 billion in market cap with a simple promise : move the data via...

The European Commission Launches EU Inc., The Long-Awaited ‘28th Regime’ for Startups
European Commission President Ursula von der Leyen announced at Davos the creation of "EU Inc.", a pan‑European legal form for startups dubbed the 28th regime. Backed by over 22,000 founders and investors, the proposal includes a single digital registry, harmonised...

XBuild Raises $19M to Launch AI-Powered Residential Roofing Contract Estimation Product
XBuild announced a $19 million Series A round led by N47, with participation from Rackhouse Ventures and Andreessen Horowitz, to develop an AI‑driven residential roofing estimation platform. The system, dubbed Roofing Proposals, analyzes photos, measurements and regional pricing to generate instant, code‑compliant...
Visible, Honest CEOs Accelerate Startup Growth
What I see CEOs at struggling start-ups do: - Go dark - Hide - Lash out - Tweet about lots of things non-work - Invest time on tiny expenses - Argue internally What should do: - Be Present - Be Honest - Be the Rock - Be Realistic/Optimistic You just plain grow...
Fintech Secures 11% Venture Funding, Second to AI
Fintech is quietly back in the spotlight. It now captures 11% of global venture funding, second only to AI. Rounds are getting larger, and investors are focusing less on hype and more on business models that actually scale. The signal matters. As...
Suraj Rajwani: Building Global Technology Companies by Standing Beside Founders
Suraj Rajwani, founder and managing partner of DoubleRock Capital, has built a reputation for a hands‑on, founder‑centric venture approach that goes beyond capital provision. Managing roughly $100‑150 million, the firm has backed 21 early‑stage technology companies across cybersecurity, health‑tech, SaaS and...

Indian Vibe-Coding Startup Emergent Triples Valuation to $300M with $70M Fundraise
Emergent, an Indian AI "vibe‑coding" startup, closed a $70 million Series B round led by SoftBank Vision Fund 2 and Khosla Ventures, lifting its post‑money valuation to $300 million. The company now reports $50 million in annual recurring revenue and over 5 million users in more...
Most Marketplaces Charge Sellers, Many Double Fees
How much do the top marketplace businesses take per transaction? Some charge more than you’d think… “Take rate” is a function of: Purchase frequency × ticket size × platform labor intensity The more work you do, the more juice you...
Shifting Focus: Exploring Consumer AI After Diverse Investments
our last 10 investments were: - 3 dev tools/infra - 3 vertical niche b2b - 2 deep tech - 1 consumer hardware - 1 general agent would be fun to look at some consumer AI this quarter
Consistent AI Bull: From Early Bets to 2026 Momentum
me/air street 2014: begin investing in ai startups 2016: what wall st misses on nvidia 2017: why go long on ai 2021: the ai revolution is just starting 2024: ai is not the dot com bubble 2025: a monumental 12 months in ai 2026: lesgooooo ref:...

Pre‑ vs Post‑Money SAFEs Can Crush Returns
That SAFE you signed might tank your returns 😅 If you’re new to angel investing, you’re about to hear “SAFE” a LOT. Here’s the tiny detail that can quietly crush your math: pre-money vs post-money. 🧵 https://t.co/J3udlaBTtA
Expert M&A Advisory Guides Founders to Maximize Exit
What sets @acquiredotcom apart? Our M&A advisory. We guide you through every step of your acquisition to maximize your exit. This M&A Insights Call showcases how Rainier Nanquil leads calls and gives guidance to founders. Learn more here: https://t.co/5hGUQheGfG https://t.co/6GklAPQyK5
Canada Rocket Secures $6.2M Seed to Build Indigenous Launchers
Canada Rocket Company emerged from stealth last week with the announcement of a $6.2M CDN ($4.5M) seed funding round—and with plans to create sovereign light- and medium-lift launch capabilities for the Great White North. https://t.co/jNyfibjct6