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Kraken Technology Group Raises $175 Million at $1 Billion Valuation
Kraken Technology, a British-founded maritime defence company led by Mal Crease and the team, has announced the closure of its Series B funding round led by DTCP and supported by other British and European backers, including the British Business Bank, NATO Innovation Fund (NIF), Rheinmetall, Inocea Group, as well as Venture Capital (VC) firms HICO, Thesiger Capital Group, BOKA Capital, Supernova Invest and Hakluyt Capital. Early investors in the company such as NIF, the UK’s
3 hours ago
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Paradigm has Raised Its Fourth Fund: $1.2B
Paradigm, a technology investment firm led by Matt Huang and the team, has raised its fourth fund: $1.2B to back the most ambitious builders at the frontier of technology. Founded in 2018, Paradigm invests in frontier technologies spanning crypto, AI, robotics, and advanced manufacturing, combining research and product development with venture investing. The firm backs founders across stages, with investments in companies such as Zipline, SendCutSend, True Anomaly, and Nous R
6 minutes ago
Kraken Technology Group Raises $175 Million at $1 Billion Valuation
Kraken Technology, a British-founded maritime defence company led by Mal Crease and the team, has announced the closure of its Series B funding round led by DTCP and supported by other British and European backers, including the British Business Bank, NATO Innovation Fund (NIF), Rheinmetall, Inocea Group, as well as Venture Capital (VC) firms HICO, Thesiger Capital Group, BOKA Capital, Supernova Invest and Hakluyt Capital. Early investors in the company such as NIF, the UK’s
3 hours ago
Prime Intellect is Building the Open Superintelligence Stack
Prime Intellect, making frontier AI training accessible to every company, led by Vincent Weisser and Johannes Hagemann, has raised $130M, led by Radical Ventures, with participation from NVIDIA Ventures, Intel Capital, Dell Technologies Capital, and existing investors, bringing the total funding to over $150M to build the open superintelligence stack. Reinforcement learning (RL) is reshaping how frontier AI systems are built. While pre-training concentrated advanced AI develo
4 hours ago
Manna Announces Major US Expansion
Manna, the leader in autonomous drone delivery, led by Bobby Healy, Alan Hicks, and the team, launches its first full-scale metropolitan U.S. operation in Tulsa, Oklahoma, establishing the city as our central operational base in the United States. Founded in Ireland in 2018, Manna has completed nearly 380,000 deliveries globally using its autonomous drone delivery platform. The company plans to create more than 1,000 jobs in Tulsa over the next three years across aviation, op
5 hours ago
Axle Energy Announces Series A Funding
Axle Energy, connecting EVs, batteries, and heat pumps to energy markets through a single, unified API, led by Karl Bach and Archy de Berker, has raised a $25m Series A led by Energize Capital, with continued participation from existing investors Accel, Picus Capital, and Eka. Axle has spent the past three years building a platform that enables distributed energy assets such as batteries, EVs, and heat pumps to participate in electricity markets. The company has delivered hun
5 hours ago
AI & Robotics
Prime Intellect is Building the Open Superintelligence Stack
Prime Intellect, making frontier AI training accessible to every company, led by Vincent Weisser and Johannes Hagemann, has raised $130M, led by Radical Ventures, with participation from NVIDIA Ventures, Intel Capital, Dell Technologies Capital, and existing investors, bringing the total funding to over $150M to build the open superintelligence stack. Reinforcement learning (RL) is reshaping how frontier AI systems are built. While pre-training concentrated advanced AI develo
4 hours ago2 min read
Prime Intellect is Building the Open Superintelligence Stack
Prime Intellect, making frontier AI training accessible to every company, led by Vincent Weisser and Johannes Hagemann, has raised $130M, led by Radical Ventures, with participation from NVIDIA Ventures, Intel Capital, Dell Technologies Capital, and existing investors, bringing the total funding to over $150M to build the open superintelligence stack. Reinforcement learning (RL) is reshaping how frontier AI systems are built. While pre-training concentrated advanced AI develo
How Polysense is Shaping the Food Factory of the Future with AI and Computer Vision
Polysense, enabling food lines to catch quality drift before it becomes waste, led by Jarne Bogaert, Yarne De Munck, and Lucas Van Dijck, has closed an oversubscribed seed round of $10.7 million led by Felix Capital, with participation from Fortino Ventures and angel investors including Syndicate One and 100IN. The Belgian technology company helps food manufacturers reduce waste by automating in-line quality control with real-time imaging and synthetic data models. Its platfo
Norm AI Raises $120 Million at a $1.2 Billion Valuation Led by Khosla Ventures
Norm AI, setting the norms of agentic law, led by John Nay and the team, has raised a $120 million Series C at a $1.2 billion valuation, led by Khosla Ventures, the first institutional investor in OpenAI. Blackstone, Bain Capital Ventures (BCV), Craft Ventures, Coatue, Vanguard, New York Life, TIAA, Tony James (former President, Chief Operating Officer, and Executive Vice Chairman of Blackstone), Jeff Hammes (former Chairman of Kirkland & Ellis), and Fenwick LLP also particip
How Tangos is Scaling Financial Crime Investigations with Autonomous AI
Tangos, building investigation intelligence for risk and financial crime, led by Eyal Azoulay and the team, has raised a $20 million seed financing round led by Red Dot Capital Partners, with participation from Leaders Fund, Clarim Ventures, Ventureisrael, Signal Fire, Clutch Capital, and Selah Ventures, and a strategic investment by Bright Data. Founded in 2025 by serial entrepreneur Eyal Azoulay, Tangos brings together expertise across financial crime investigations, sancti
Agave Announces $15M Series A
Agave, building AI financial operations for contractors, led by Tom Reno, Pooria Azimi, and John Zucchi, has announced a $15M Series A led by Accel, with continued participation from Y Combinator, bringing the total funding to over $20M. With 500+ customers, 2+ years of profitability, and nearly 3x year-over-year recurring revenue growth, Agave is scaling AI for construction financials, deeply integrated with the systems contractors use today. Construction Runs on Decades-Old
How Bespoke Labs is Building Environments that Enable Reliable Agents
Bespoke Labs, creating AI tools for data curation and post-training LLMs, led by Mahesh Sathiamoorthy and Alex Dimakis, has announced its Seed and Series A. Series A round was led by Wing VC, with participation from Mayfield, The House Fund, dbt Labs CEO Tristan Handy, and angels from Anthropic, OpenAI, Meta, and others. The $8.25 million seed round was led by 8VC, with participation from Jeff Dean, Resolve AI CEO Spiros Xanthos, DevRev CEO Dheeraj Pandey, and others. Why Bes
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Fintech
How Tangos is Scaling Financial Crime Investigations with Autonomous AI
Tangos, building investigation intelligence for risk and financial crime, led by Eyal Azoulay and the team, has raised a $20 million seed financing round led by Red Dot Capital Partners, with participation from Leaders Fund, Clarim Ventures, Ventureisrael, Signal Fire, Clutch Capital, and Selah Ventures, and a strategic investment by Bright Data. Founded in 2025 by serial entrepreneur Eyal Azoulay, Tangos brings together expertise across financial crime investigations, sancti
How Tangos is Scaling Financial Crime Investigations with Autonomous AI
Tangos, building investigation intelligence for risk and financial crime, led by Eyal Azoulay and the team, has raised a $20 million seed financing round led by Red Dot Capital Partners, with participation from Leaders Fund, Clarim Ventures, Ventureisrael, Signal Fire, Clutch Capital, and Selah Ventures, and a strategic investment by Bright Data. Founded in 2025 by serial entrepreneur Eyal Azoulay, Tangos brings together expertise across financial crime investigations, sancti
2 days ago
How LinqAlpha is Building the Alpha Intelligence Layer for Global Public Markets
LinqAlpha, an AI-powered investment research firm that turns fragmented data from global markets into a real edge, led by Jacob Chanyeol Choi, Subeen Pang, Yongjin Kim, and Hojun Choi, has announced $22 million in Series A funding. The round was anchored by AVP, Atinum Investment, and GFT Ventures, with participation from a global syndicate of strategic financial institutions and venture platforms. Founded by Jacob Choi, Subeen Pang, Jin Kim, and Hojun Choi, LinqAlpha combine
Jul 3
Taxwire Raises $25M to Scale Fully Managed AI Sales Tax Automation Platform
Taxwire, a global sales tax automation platform led by Andrew Rea and Steven Schmatz, has announced $25M in Seed and Series A funding from Headline Ventures, XYZ VC, Vinyl, Recall Capital, and Nomo Ventures. The platform automates the complexities of sales tax collection, allowing businesses of all sizes to save time, reduce financial liabilities, and seamlessly manage compliance in the US and over 100 other countries. Addressing Tax Compliance Complexity. Indirect tax compli
Jul 1
Warp Raises $60 Million Series B from Battery Ventures
Warp, an AI-native payroll, compliance, and benefits platform, led by Ayush Sharma and the team, has announced a $60 million Series B led by Battery Ventures, with participation from Peak XV, Sound Ventures, and Y Combinator, bringing the total funding to $85 million in just under a year. Support and Market Context. The company is backed by leaders from some of the most influential technology organizations of the past two decades, including Shopify CEO Tobi Lütke, former Stri
Jun 28
How Taktile is Powering the Agentic Financial Institutions of the Future
Taktile, the agentic decision platform for financial institutions, led by Maik Taro Wehmeyer and Maximilian Eber, has announced its $110M Series C fundraise, led by Growth Equity at Goldman Sachs Alternatives. The Opportunity. Financial services are undergoing one of the most significant technological transformations in their history. Recent advances in AI have pushed model capabilities to a point where many of the decisions that drive banking and insurance operations can now
Jun 25
Causa Prima Exits Stealth with $10 Million to Build the First Agent-to-Agent AI Network for B2B Finance
Causa Prima, the agent-to-agent network for finance teams, led by Maex Ament, Henrik Gebbing, and Philip Stanislaus, has raised a $10M pre-seed round led by Creandum, with participation from Kfund and HelloWorld, Angel Invest, alongside angel investors from Qonto, Pennylane, SAP, ING, SoFi, LIDL, and DeepMind. On its network, the approvals, disputes, and payment terms that used to bounce between humans and inboxes are handled between AI agents. Building the Financial Network
Jun 17
Venture Capital
Paradigm has Raised Its Fourth Fund: $1.2B
Paradigm, a technology investment firm led by Matt Huang and the team, has raised its fourth fund: $1.2B to back the most ambitious builders at the frontier of technology. Founded in 2018, Paradigm invests in frontier technologies spanning crypto, AI, robotics, and advanced manufacturing, combining research and product development with venture investing. The firm backs founders across stages, with investments in companies such as Zipline, SendCutSend, True Anomaly, and Nous R
Paradigm has Raised Its Fourth Fund: $1.2B
Paradigm, a technology investment firm led by Matt Huang and the team, has raised its fourth fund: $1.2B to back the most ambitious builders at the frontier of technology. Founded in 2018, Paradigm invests in frontier technologies spanning crypto, AI, robotics, and advanced manufacturing, combining research and product development with venture investing. The firm backs founders across stages, with investments in companies such as Zipline, SendCutSend, True Anomaly, and Nous R
6 minutes ago
Expeditions Closes €197M for Fund II to Shape the Future of European Security
Expeditions, investing in the future of European security, led by Mikołaj Firlej and Stanisław Kastory, has announced the final close of its second fund at €197M. Expeditions’ Fund II is investing in the technologies and founders that are shaping the future of European defence and strengthening its sovereignty, helping to define Europe’s role in the world over the next century. Founded in 2021 by defence technology and autonomous warfare experts Dr. Mikolaj Firlej and Stanis
2 days ago
Climentum Capital Launches Fund II
Climentum Capital, investing in climate hard tech companies shaping a sustainable, resilient, and competitive Europe, led by General Partners Doerte Hirschberg, Dr. Jennifer Jacobs Dungs, Morten Halborg, and Stefan Maard, has announced the close of the first €60 million of Fund II, matching the full size of Fund I. The new fund will continue backing hard tech for a new Europe, investing in climate hard tech companies shaping a sustainable, resilient, and competitive industria
6 days ago
Rick Hao - Ruya Ventures Closes $50 Million Solo GP Debut Fund to Back Europe's Deep Tech
Ruya Ventures, a solo GP fund led by Rick Hao, closes a $50M Solo GP debut fund to back Europe's deep tech. Ruya Ventures: Investment Philosophy. Ruya Ventures was founded to take a deliberate approach to venture investing rather than pursuing the easiest entry point into the asset class. The focus is on deep technology, informed by more than a decade of investing through cycles where long timelines and high capital intensity made the category less conventional for many inves
Jul 2
Menlo Ventures Turns 50 and Announces $3B in Fresh Capital
Menlo Ventures, an early-stage VC firm, marked its 50th anniversary and announced $3 billion in new capital, the largest raise in Menlo’s history, to back the next generation of AI leaders, from infrastructure and frontier models to AI-native applications across enterprise, healthcare, and consumer markets. Two Funds to Go All In on AI. Menlo Ventures XVII focuses on Seed and Series A investments, backing founders at the earliest stages as they develop breakthrough technologi
Jun 24
Seedcamp Announces $320 Million in New Funds
Seedcamp, partnering with Europe’s most exceptional tech founders from day one, led by Reshma Sohoni, Carlos Eduardo Espinal, and the team, has announced $320 million in new funds. Seedcamp was the first believer in Revolut, Wise, UiPath, Synthesia, and Fluidstack, back when those category-defining companies were just ideas. It has backed teams like BioOrbit, Sunrise Robotics, and Dust, building where software meets science and the physical world. Across every technology cycl
Jun 22
Deep Tech
Kraken Technology Group Raises $175 Million at $1 Billion Valuation
Kraken Technology, a British-founded maritime defence company led by Mal Crease and the team, has announced the closure of its Series B funding round led by DTCP and supported by other British and European backers, including the British Business Bank, NATO Innovation Fund (NIF), Rheinmetall, Inocea Group, as well as Venture Capital (VC) firms HICO, Thesiger Capital Group, BOKA Capital, Supernova Invest and Hakluyt Capital. Early investors in the company such as NIF, the UK’s
Kraken Technology Group Raises $175 Million at $1 Billion Valuation
Kraken Technology, a British-founded maritime defence company led by Mal Crease and the team, has announced the closure of its Series B funding round led by DTCP and supported by other British and European backers, including the British Business Bank, NATO Innovation Fund (NIF), Rheinmetall, Inocea Group, as well as Venture Capital (VC) firms HICO, Thesiger Capital Group, BOKA Capital, Supernova Invest and Hakluyt Capital. Early investors in the company such as NIF, the UK’s
Manna Announces Major US Expansion
Manna, the leader in autonomous drone delivery, led by Bobby Healy, Alan Hicks, and the team, launches its first full-scale metropolitan U.S. operation in Tulsa, Oklahoma, establishing the city as our central operational base in the United States. Founded in Ireland in 2018, Manna has completed nearly 380,000 deliveries globally using its autonomous drone delivery platform. The company plans to create more than 1,000 jobs in Tulsa over the next three years across aviation, op
QuantumDiamonds Raises €91 Million to Set the Global Standard for Next-Generation Chip Inspection
QuantumDiamonds, the world's first commercially available quantum sensing system for semiconductor inspection, led by Dr. Fleming Bruckmaier and Kevin Berghoff, has announced the close of a €91 million funding round to scale production of its quantum-based semiconductor inspection technology. The financing combines an €15 million equity round led by World Fund with €76 million in non-dilutive funding approved at the EU level under the European Chips Act. The non-dilutive fund
Venus Aerospace Raises $91 Million to Mature the World's First Flight-Proven High-Trust RDRE Into Full Propulsion Systems
Venus Aerospace, revolutionizing rocket engine propulsion, led by Sassie Duggleby, Andrew Duggleby, PhD, PE, and the team, has announced the close of a $91 million Series B financing led by Mercury Fund, a Houston-based venture capital firm, with participation from Lockheed Martin Ventures, MESH, PEAK6, Draper Associates, Starboard Star Venture Capital, Green Sands Equity, Seraph Group, Trousdale Ventures, and other new and existing strategic and institutional investors. The
SambaNova Completes First Close of $1B Financing at $11B Valuation
SambaNova, the fastest AI inference platform, led by Rodrigo Liang, Kunle Olukotun, Christopher Re, and Lip-Bu Tan, has announced it has completed the first close of $1 billion in strategic financing as part of a Series F round, valuing the company at $11 billion post-money. This latest financing round was led by General Atlantic, a leading global investor, with significant investment from Seligman Ventures, T. Rowe Price Associates, Inc., and Capital Group. New and existing
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Security
Dawnguard Launches Platform to Build Secure Cloud Systems from Day Zero, with Fresh Funding and US Office
Dawnguard, building the next-gen platform that makes security easy from day one, led by Mahdi Abdulrazak, Kim van Lavieren, Sarah van Lavieren, and David van der Hoeven, has announced the public launch of its security architecture automation platform, making it available to organizations looking to design, build, and operate secure cloud-native systems from day zero through production. Dawnguard announced the opening of its New York City office and an additional $3.3 million
Dawnguard Launches Platform to Build Secure Cloud Systems from Day Zero, with Fresh Funding and US Office
Dawnguard, building the next-gen platform that makes security easy from day one, led by Mahdi Abdulrazak, Kim van Lavieren, Sarah van Lavieren, and David van der Hoeven, has announced the public launch of its security architecture automation platform, making it available to organizations looking to design, build, and operate secure cloud-native systems from day zero through production. Dawnguard announced the opening of its New York City office and an additional $3.3 million
NeuralTrust Raises $20 Million to Secure the Growing Swarm of AI Agents in the Enterprise
NeuralTrust, the platform for AI & agent security, led by Joan Vendrell and Victor García, has announced a $20 million seed round led by Alstin Capital, with participation from VentureFriends, Seaya, Kibo Ventures, Banc Sabadell, EA Ventures Plug and Play Fund, and Finaves, the venture capital fund of IESE Business School. NeuralTrust is also backed by public funding from the European Innovation Council and Spain's State Research Agency (AEI). The round will fund engineering,
Ent Emerges from Stealth to Bring Prevention Back to Cybersecurity
Ent, the intent-aware security platform powering the AI-native enterprise, extending endpoint security into a real-time layer of prevention across human and AI-driven work, Elias(Lou)Manousos and Brandon Dixon, has emerged from stealth with $100 million in seed financing led by Decibel, with participation from Sequoia, Crosspoint Capital Partners, Craft Ventures, Shield Capital, Felicis, and In-Q-Tel (IQT). Preventing Cyber Threats Before They Become Incidents. Ent is pioneer
NewCore Emerges from Stealth to Rebuild Workforce Identity for the Agentic Era
NewCore, the security-first identity platform built for humans and AI agents, led by Zohar Alon, Amihai Neiderman, and Erez Yarkoni, has emerged from stealth and has raised $66 million from Cyberstarts, Index Ventures, and Evolution Equity Partners. It is led by a founding team of cybersecurity and enterprise-IT veterans whose prior exits include Check Point's acquisition of Dome9. Identity has emerged as the primary attack surface within modern enterprises. Many of the large
Cyera is Building The Trust Layer for Enterprise AI
Cyera, the AI security platform, led by Yotam Segev, Tamar Bar-Ilan, Yonatan Itai, and the team, has announced its Series G: $600 million at a $12 billion valuation, led by Evolution Equity Partners, with participation from Cyberstarts and Temasek, in addition to all existing investors, including Accel, AT&T Ventures, Blackstone, Coatue, Spark Capital, among others. Building The Trust Layer For AI. Cyera was founded to help enterprises understand what sensitive data they hav
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