AI Data Center Startup Fluidstack in Talks for $1B Round at $18B Valuation Months After Hitting $7.5B, Says Report
Fluidstack is in talks to raise a $1 billion round that would value the AI‑focused data‑center startup at $18 billion, more than double its $7.5 billion valuation from months earlier. The company recently secured a $50 billion contract with Anthropic to build custom AI infrastructure in Texas and New York. Google is reportedly considering a $100 million contribution, while Fluidstack has moved its headquarters to New York and abandoned a €10 billion (≈$10.8 billion) French AI project to concentrate on U.S. opportunities.
British Business Bank Ups Pace for Emerging VC Funds
The British Business Bank announced that its Enterprise Capital Funds (ECF) programme will double the speed of capital commitments to emerging venture‑capital funds over the next few years. Mark Sims, head of development equity funds, said the acceleration aims to...
Adcendo Raises $75M to Advance Cancer Drug Pipeline
Adcendo, a Copenhagen‑Boston biotech focused on antibody‑drug conjugates (ADCs), announced a $75 million Series C financing led by Jeito Capital. The capital will accelerate Phase 1 trials for three lead ADC candidates targeting tissue factor, uPARAP, and a preclinical asset. The round attracted...
Rork Announces $15M Seed Round
Rork, an AI-driven platform that lets users create iOS and Android apps via natural language, announced a $15 million seed round. The financing was led by Left Lane Capital with participation from Peak XV, True Ventures, Goodwater, and existing backer a16z...
Bluefish Scoops Up $43M Series B Round
Bluefish, an Agentic Marketing Platform serving Fortune 500 brands, closed a $43 million Series B round, bringing its total financing to $68 million. The round was co‑led by Threshold Ventures and NEA, with participation from Amex Ventures, TIAA Ventures, Salesforce Ventures, Bloomberg Beta and...
OpenGradient Raises $9.5M
OpenGradient announced a $9.5 million funding round to accelerate its decentralized AI compute network. The round was led by a16z crypto with participation from Coinbase Ventures, SV Angel, and a slate of crypto‑focused angels such as Balaji Srinivasan and Illia Polosukhin. OpenGradient’s platform...
nEye.ai Raises $80M to Scale AI Optical Switching
nEye.ai announced an $80 million Series C round, bringing its total capital to $152 million. The funding, led by Sutter Hill Ventures and joined by CapitalG, M12, Micron and others, will fuel a massive scale‑up of its patented SuperSwitch optical circuit switch chip....
Financial Risk Management Platform Pillar Raises $20M Seed in Round Led by A16z
Pillar, a financial risk‑management platform for commodity‑driven firms, announced a $20 million seed round led by Andreessen Horowitz, bringing its total funding to $23 million. The AI‑powered solution automates hedging by ingesting contracts, ERP data, spreadsheets and even WhatsApp messages to continuously...
The 10 Most Active NYC Venture Capital Firms in Q1 2026
AlleyWatch identified the ten most active New York‑based venture capital firms in Q1 2026, ranking them by the sheer number of investments made in NYC‑headquartered startups. The analysis, current through April 13, excludes accelerators, syndicates and undisclosed rounds, focusing solely on quantity...
Primepoint Closes $10M Seed Round to Advance Intelligence Platform that Reads and Understands Construction Drawings
Primepoint announced a $10 million seed round to scale its AI‑driven construction intelligence platform. The funding came in two tranches—$4 million co‑led by Penny Jar Capital and NextView Ventures, and $6 million led by Navitas Capital with participation from several other investors, including...
Final Results
Foresight VCT plc reported flat performance for 2025, with a NAV total return of 0.1% and a dividend yield of 16% including a special interim payout. The portfolio’s NAV fell from 82.0p to 71.6p per share after distributing £31.7m in...
Joining Union Square Ventures
The author, a former Anchor founder who sold the podcast platform to Spotify, announces his new role at Union Square Ventures (USV) after years as a friend and limited partner. He highlights USV’s distinctive culture of constant conversation, thesis‑driven investing,...
Modern Relay Raises $3M to Build Shared Infrastructure Layer for AI Agents in the Enterprise
Modern Relay announced a $3 million seed round backed by Point Nine, Emerge, Amino Collective, Common Magic and notable angels. The San‑Francisco‑Barcelona startup is building a shared infrastructure layer that consolidates people, policies, data and decisions so AI agents can operate...
Nava Raises $8.3 Million in Seed Funding to Keep AI Financial Agents From Going Off the Rails
Nava, a startup focused on securing autonomous AI-driven payments, closed an $8.3 million seed round led by Polychain and Archetype. The company proposes an escrow‑based verification layer that holds funds until an AI agent’s proposed transaction aligns with the user’s intent,...
Report: Hospitality Tech Startups Raised More than $1B in the Last Year
Hospitality tech startups raised over $1 billion across 40 companies between April 2025 and March 2026, with property‑management systems (PMS) and AI‑driven platforms attracting the most capital. A three‑month surge from December 2025 to February 2026 produced three mega‑raises—Mews’s $300 million round, Kindred’s $125 million dual rounds,...
Synera Raises $40M to Bring Agentic AI Into Engineering Workflows at NASA, BMW, Airbus, and Hyundai
Synera, a Bremen‑based startup, closed a $40 million Series B round led by Revaia, with Capgemini joining via ISAI Cap Venture. The funding will fuel U.S. expansion and deepen deployments of its agentic AI platform at NASA, BMW, Airbus, Hyundai and other industrial leaders....
Prefix Raises $7.5M to Scale AI-Driven Facility Management Platform
Prefix Maintenance Inc. announced a $7.5 million seed round to expand its AI‑driven facility‑management platform. The startup, founded in 2022, already supports nearly 2,000 locations across 50 restaurant and retail brands, delivering threefold efficiency gains and over 15% cost savings. Funding,...
Canadian Retirement Startup Raises $12 Million
Canadian fintech Common Wealth secured a CAD$12 million (~US$8.8 million) Series A round to accelerate its retirement‑plan platform. The raise builds on a prior CAD$15 million (~US$11 million) venture‑debt facility and targets the 10 million+ private‑sector workers lacking employer‑sponsored plans. By expanding services to small and...
Defense Tech Under Legal Scrutiny: How Regulation Is Reshaping Startup Investments in Europe
European defense technology is experiencing a rapid funding surge, now representing 6.2% of the continent’s venture‑capital market and attracting more than €1 billion (about $1.1 billion) in capital. New EU export‑control rules, the NIS2 directive and the upcoming Cyber Resilience Act have...
AI Satellite Constellation Startup Orbital Gets Funded by A16z to Verify Space-Based Data Center Concept
Orbital Inc., an AI satellite‑constellation startup, closed an undisclosed funding round led by Andreessen Horowitz’s a16z Speedrun. The capital will finance its first test mission, Orbital‑1, slated for launch on a SpaceX Falcon 9 in April 2027. The company aims to prove...
Helical Secures $10M to Advance Virtual AI Lab for Pharma Research
Helical, a biotech startup founded in early 2024, announced a $10 million seed round led by redalpine with participation from Gradient, BoxGroup, Frst and AI industry angels. The company’s virtual AI lab combines foundation model outputs with biological validation to create...
Primepoint Raises $10M to Scale Construction Intelligence Platform
Primepoint announced a $10 million seed round, split into an initial $4 million and a follow‑on $6 million, led by Penny Jar Capital, NextView Ventures and Navitas Capital. The capital will accelerate its AI‑driven construction intelligence platform that reads drawings, links them to...
Global Capital Shifts Beyond Silicon Valley – and SA Benefits
Global investors are moving capital beyond traditional US tech hubs, with South Africa emerging as a key destination. The country secured $715 million in venture funding in 2025, the second‑largest in Africa, and total deal volume rose 25% YoY to $4.1 billion...
‘The Next Big Thing’: Newfund Raises €60m to Back Brain Technologies
Paris‑based early‑stage venture capital firm Newfund has closed a €60 million ($65 million) fund dedicated to brain technologies, aiming to back up to 25 European startups with seed‑stage checks of $1‑3 million. The fund is the first Europe‑only VC focused exclusively on neuro‑tech,...
Ralio Raises £1.8m for Its Agentic Business Payments Platform
UK fintech Ralio has closed a £1.8 million (about $2.3 million) pre‑seed round to build its agentic payments platform. The round was oversubscribed, led by Sure Valley Ventures and joined by Seed X, Love Ventures, Plug and Play, and other investors. Ralio’s...
Community Event Platform Wygo Secures Nearly $1.6 Million Pre-Seed
Toronto‑based Wygo, an event‑planning app that encourages offline gatherings, announced a CAD 1.6 million (≈$1.2 million USD) pre‑seed round. The platform, launched by CEO Jocelyne Murphy and CTO Christopher Oka, has already sold more than 10,000 tickets for in‑person events. Investors such as Shopify...
Anthropic Tightens the Screws on OpenAI
OpenAI, valued at $852 billion, closed a $122 billion funding round that set a Silicon Valley record. The company has twice altered its product roadmap in six months, moving from consumer‑focused ChatGPT to an enterprise‑centric strategy to counter threats from Anthropic and...
TraqCheck Raises $8 Mn Series A Led by IvyCap Ventures
TraqCheck, an AI‑driven HR enterprise startup, announced an $8 million Series A round led by IvyCap Ventures with participation from IIFL. The capital will fund the company’s push into European markets, enhance its AI‑agent suite, and accelerate go‑to‑market efforts for enterprise clients....
Kelluu Raises €15m to Secure Europe’s Skies with Autonomous Airships
Finnish autonomous‑airship startup Kelluu raised €15 million ($16.3 million) in a Series A round led by the NATO Innovation Fund, its first Finnish investment. The company operates the world’s largest fleet of hydrogen‑powered, unmanned airships that can stay aloft for more than 12 hours...
BharatPe Co-Founder, Shashvat Nakrani Steps Back to Build Something New
BharatPe co‑founder Shashvat Nakrani announced he will step back from day‑to‑day operations on May 1, moving into a strategic advisor role while remaining a board director and the company’s largest individual shareholder. The fintech unicorn, valued at $2.7 billion, has raised $584 million...
Transcript: OpenAI Investors Question Its Valuation
Investors are scrutinising OpenAI’s roughly $850 bn valuation as the company pivots toward enterprise AI tools. The shift follows strong consumer performance with ChatGPT but raises doubts about competing with Anthropic and Google in the business market. OpenAI’s planned public listing...
Deals in Brief: Three Singapore Startups Raise AI Funding; SC Ventures Leads Keyrock’s Series C Round; Six China Investments; and...
Singapore’s AI ecosystem saw a flurry of capital this week, with Muun AI closing a $700,000 pre‑seed round, OnSite raising $1.3 million seed funding for its construction‑focused communication platform, Injewelme securing $1.2 million to broaden contactless health‑monitoring capabilities, and NeuBird AI attracting...
Ultralight Raises $9.3M to Launch AI-Native Operating System for Healthcare
Ultralight, formerly Vibrant Practice, secured $9.3 million led by The General Partnership to develop an AI‑native operating system tailored for Direct Primary Care. The platform aims to replace fragmented legacy EHRs with a unified, “invisible” infrastructure that reduces clinician charting time....
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...
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...
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...
