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Sweden Ballistics Raises €30 Million to Strengthen Europe’s Ammunition Supply Chain with New Swedish TNT Factory
Sweden Ballistics, securing Europe's explosives supply, led by Joakim Sjöblom, Carl Duforce, Sebastian Reismer, and the team, has raised a €30 million funding round to complete construction of its TNT manufacturing facility in Nora, Sweden. The €30m strategic investment is made up of several investors. Firstly, Sweden’s ex-Chief of Army, Major General (ret) Karl Engelbrektson. In 2023, Karl took on the position of Head of Advisory Board at Finserve Global Security Fund (GSF).
7 hours ago
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Y Combinator Launches of the Week
(This round-up is for informational purposes only, and in order of the date/time of the launch, from earliest to latest) 1) Arden: Founded by Aryaman Khanna and David Lomelin, Arden is the AI-native platform for internal audit and SOX teams. Know More At: ardentech.ai 2) Light Anchor: Founded by Chase Kim and Sangha Park, Light Anchor builds fully autonomous e-commerce brands that run at the speed of compute. Know More At: lightanchor.ai 3) BitBoard: Founded by Connor Jones a
3 hours ago
Y Combinator Launches of the Week
(This round-up is for informational purposes only, and in order of the date/time of the launch, from earliest to latest) 1) Ornadyne: Founded by Geourg Kivijian and Armen Arakelyan, Ornadyne is building robot birds for surveillance. Know More At: ornadyne.com 2) Klaimee: Founded by Ines Boutemadja and Julien Catonnet, Klaimee is the first insurance for your AI agents. Know More At: klaimee.ai 3) Kuli: Founded by Michael Hodara and Jonathan Hassan, Kuli is an AI agent for soci
4 hours ago
Wisdom Ventures Closes Oversubscribed $77.7 Million Fund II to Advance Tech-Enabled Wellbeing
Wisdom Ventures, a leading early-stage VC fund investing in tech-enabled wellbeing, led by Bradley Horowitz, Cecily Mak, Soren Gordhamer, and the team, announced the close of its oversubscribed $77.7M Fund II. The new raise comes after the successful deployment of its $10 million Fund I. With the new fundraise, Wisdom Ventures will deepen its investment in startups building technologies that advance human resilience and wellbeing at scale. “In an era where AI is reshaping eve
5 hours ago
Graduate Ventures Reaches Milestone with 80th Investment in Delft Quantum Startup FrostByte
Graduate Ventures, empowering founders through funding and support, is celebrating its 80th investment. The milestone backing goes to FrostByte, a Delft startup whose technology makes it possible to build quantum computers at a greater scale. The investment is part of a 1.3 million euro funding round, alongside Innovation Quarter, Paeonia Group, UNIIQ, and an angel investor. Since its founding in 2021, Graduate Ventures has invested in 79 startups from the ecosystems of TU De
6 hours ago
Sweden Ballistics Raises €30 Million to Strengthen Europe’s Ammunition Supply Chain with New Swedish TNT Factory
Sweden Ballistics, securing Europe's explosives supply, led by Joakim Sjöblom, Carl Duforce, Sebastian Reismer, and the team, has raised a €30 million funding round to complete construction of its TNT manufacturing facility in Nora, Sweden. The €30m strategic investment is made up of several investors. Firstly, Sweden’s ex-Chief of Army, Major General (ret) Karl Engelbrektson. In 2023, Karl took on the position of Head of Advisory Board at Finserve Global Security Fund (GSF).
7 hours ago
AI & Robotics
Fazeshift Announces $22 Million Series A to Build the Future of Accounts Receivable
Fazeshift, your AI agents for accounts receivable, led by Caitlin Leksana, Timmy Galvin, and the team, has announced Series A, bringing the total funding to $22 million. The Problem Fazeshift is Solving Accounts receivable remains one of the most manual and fragmented workflows in modern businesses, spread across spreadsheets, email threads, and disconnected systems. This slows payments, restricts working capital, and forces finance teams to focus on collections rather than s
1 day ago1 min read
Fazeshift Announces $22 Million Series A to Build the Future of Accounts Receivable
Fazeshift, your AI agents for accounts receivable, led by Caitlin Leksana, Timmy Galvin, and the team, has announced Series A, bringing the total funding to $22 million. The Problem Fazeshift is Solving Accounts receivable remains one of the most manual and fragmented workflows in modern businesses, spread across spreadsheets, email threads, and disconnected systems. This slows payments, restricts working capital, and forces finance teams to focus on collections rather than s
Scale AI Expands Pentagon AI Partnership to $500 Million
Scale AI, building reliable AI systems for the world's most important decisions, led by Alexandr Wang and the team, has announced that the U.S. Department of War's (DoW) Chief Digital and Artificial Intelligence Office (CDAO) has expanded its enterprise agreement with Scale AI, increasing the total potential value from $100 million to $500 million. The five-fold ceiling increase follows strong demand for the Production OTA agreement, with projects across computer vision, gene
Pit Announces its Launch to Bring AI-Native Software to Enterprise Operations
Pit, learning your workflows and building them for you, led by Adam Jafer and Fredrik Hjelm, has announced its launch alongside $16 million in funding led by Andreessen Horowitz (a16z). The round includes participation from Lakestar, the Pit founders, and executives from OpenAI, Anthropic, Google, Deel, and Revolut, as well as the Stena and Lundin families. Pit is launching as an “AI product team as a service,” enabling companies to build and deploy custom, production-grade s
Altara - the Scientific Intelligence Platform for the Physical World Announces its Launch
Altara, building scientific intelligence for the physical world, led by Catherine Yeo and Eva Tuecke, has announced its launch. The company has raised a $7M seed round from Greylock Partners, Neo, BoxGroup, Liquid 2 Ventures, and angel investors, including Jeff Dean and leadership from OpenAI and AMD. The first wave of AI has accelerated digital work across writing, coding, and customer support, while progress in the physical world has lagged. A new era is now emerging, drive
CopilotKit Raises $27 Million Series A
CopilotKit, the enterprise agentic frontend stack, led by Atai Barkai, Uli Barkai, and the team, has raised a $27 Million Series A funding led by Glilot Capital, NfX, and SignalFire, with participation from Discovery Ventures, Vermilion Cliffs Ventures, DVC, Abstraction Capital, 97212 Ventures, Deep Acre, J-Ventures, Gurtin Ventures, and Fresh Fund. CopilotKit is now used by a majority of Fortune 500 companies, powering millions of daily agent-user interactions in production.
How Corvera is Building the Agentic Operating System for CPG Brands
Corvera, building AI supply chain management for fast-growing brands, led by Christopher Kong, Dirk Breeuwer, Matthew Collins, and Berk Güngör, has raised $4.2M in Seed funding, led by 6 Degrees Capital, with participation from 20VC, Rebel Fund, Duke Capital Partners, Multimodal Ventures, Y Combinator, and a group of exceptional angels and operators, including Jake Heller (Casetext), Christian Mathiesen (Frigade), and Dom Maskell (Runna). The funding round marks the close of
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Fintech
Fazeshift Announces $22 Million Series A to Build the Future of Accounts Receivable
Fazeshift, your AI agents for accounts receivable, led by Caitlin Leksana, Timmy Galvin, and the team, has announced Series A, bringing the total funding to $22 million. The Problem Fazeshift is Solving Accounts receivable remains one of the most manual and fragmented workflows in modern businesses, spread across spreadsheets, email threads, and disconnected systems. This slows payments, restricts working capital, and forces finance teams to focus on collections rather than s
Fazeshift Announces $22 Million Series A to Build the Future of Accounts Receivable
Fazeshift, your AI agents for accounts receivable, led by Caitlin Leksana, Timmy Galvin, and the team, has announced Series A, bringing the total funding to $22 million. The Problem Fazeshift is Solving Accounts receivable remains one of the most manual and fragmented workflows in modern businesses, spread across spreadsheets, email threads, and disconnected systems. This slows payments, restricts working capital, and forces finance teams to focus on collections rather than s
1 day ago
Elastics Raises $2 Million Pre-Seed for AI Agents for Prediction Markets
Elastics, building AI agents for prediction markets, led by Szymon Pawica and Mateusz Brodowicz, has raised $2 million in an oversubscribed pre-seed round led by Frst with participation from angels from across the AI and crypto world, among them the co-founders of ElevenLabs, partners from XBTO, an a16z scout, and a co-founder of RedStone. Elastics has secured funding to democratize quantitative trading by equipping individual traders with AI-powered tools for automated resea
4 days ago
Rogo Announces $160 Million Series D Round
Rogo, building the best AI analyst on Wall Street, led by Gabriel Stengel, John Willett and Tumas Rackaitis, has raised $160M in new financing, led by Kleiner Perkins, with participation from Sequoia, Thrive Capital, Khosla Ventures, J.P. Morgan Growth Equity Partners, BoxGroup, Mantis VC, Jack Altman, Evantic, and Positive Sum. Rogo is now deployed across many of the world’s leading investment banks, asset managers, and private equity firms, reflecting strong early adoption
May 1
Fixed Income’s $140 Trillion Plumbing Problem
(A Guest Post by Marius Jurgilas, CEO of Axiology) Fixed income is the quiet giant of capital markets. With more than $140 trillion outstanding globally, it dwarfs listed equities and funds, governments, banks, and corporates. And yet the machinery that moves it has not meaningfully changed in a generation. The whole bond lifecycle (issuance, custody, trading, settlement) still runs on siloed systems stitched together by intermediaries, message queues, and overnight batch pro
Apr 30
Marloo has Raised a $10 Million USD Seed Round Led by Blackbird Ventures
Marloo, building AI for financial advisers, led by Hardy Michel, Shakeel Lala, and Ben Robertson, has raised a $10 M USD seed round led by Blackbird Ventures, with participation from Icehouse Ventures. Blackbird is doubling down on its pre-seed investment from six months ago, bringing the total funding to $12.7 M USD in twelve months. “Every advisory firm stands to benefit from a partner like Marloo. Early adoption is already translating into greater capacity, stronger compli
Apr 28
How Agentic AI Is Transforming Private Credit - From Manual Servicing to Autonomous Operations
This is a guest post by Daniel Liechtenstein, Co-Founder & CEO @ Hypercore. Private credit has grown into a $2+ trillion asset class. The capital is there. The deals are there. What hasn't kept pace is how firms actually run their operations once the money is deployed. That gap is becoming harder to ignore. The Hidden Operational Problem. Most private credit firms run loan servicing through a combination of spreadsheets, legacy systems, and manual workflows. Payment waterfall
Apr 20
Venture Capital
Wisdom Ventures Closes Oversubscribed $77.7 Million Fund II to Advance Tech-Enabled Wellbeing
Wisdom Ventures, a leading early-stage VC fund investing in tech-enabled wellbeing, led by Bradley Horowitz, Cecily Mak, Soren Gordhamer, and the team, announced the close of its oversubscribed $77.7M Fund II. The new raise comes after the successful deployment of its $10 million Fund I. With the new fundraise, Wisdom Ventures will deepen its investment in startups building technologies that advance human resilience and wellbeing at scale. “In an era where AI is reshaping eve
Wisdom Ventures Closes Oversubscribed $77.7 Million Fund II to Advance Tech-Enabled Wellbeing
Wisdom Ventures, a leading early-stage VC fund investing in tech-enabled wellbeing, led by Bradley Horowitz, Cecily Mak, Soren Gordhamer, and the team, announced the close of its oversubscribed $77.7M Fund II. The new raise comes after the successful deployment of its $10 million Fund I. With the new fundraise, Wisdom Ventures will deepen its investment in startups building technologies that advance human resilience and wellbeing at scale. “In an era where AI is reshaping eve
5 hours ago
Graduate Ventures Reaches Milestone with 80th Investment in Delft Quantum Startup FrostByte
Graduate Ventures, empowering founders through funding and support, is celebrating its 80th investment. The milestone backing goes to FrostByte, a Delft startup whose technology makes it possible to build quantum computers at a greater scale. The investment is part of a 1.3 million euro funding round, alongside Innovation Quarter, Paeonia Group, UNIIQ, and an angel investor. Since its founding in 2021, Graduate Ventures has invested in 79 startups from the ecosystems of TU De
6 hours ago
Haun Ventures Announces Fund II
Huan Ventures, backing the founders building the future of finance, led by Katie Haun and the team, has announced Fund II. Founders redefining financial assets operate at the frontier of evolving rules and technology. As capital and trust systems shift, those who can navigate both will shape the next era. Haun Ventures is backing this opportunity with $1 billion in new funds to support builders of the emerging economy. The Opportunity Ahead Core financial services, money, pay
4 days ago
DVC Launches Live State of AI Report — A Continuously Updated View of the AI Economy
DVC, a San Francisco–based VC focused on AI startups, led by Marina Davidova, Nick Davidov, and the team, has released its State of AI Report — a living, continuously updated analysis of the artificial intelligence landscape. According to the report, the market is mispricing AI. The State of AI report is based on a framework developed by DVC co-founders Nick Davidov and Marina Davidova over more than a decade of AI investing. It combines meta-analysis of leading industry rese
Apr 30
Eka Ventures Announces Fund II
Eka Ventures , investing in founders creating positive system change, led by Camilla Dolan, Jon Coker, and the team, has announced the final close of its second fund at $107m (£80m), making Eka the UK’s largest early-stage impact VC investing across health, wellbeing, and sustainability. Why These Sectors, and Why Now Eka’s thesis is that the biggest opportunities lie in reshaping core systems, health, consumption, and access, where impact and returns align. Three shifts dri
Apr 13
London-Based Venture Capital Firm SuperSeed has Launched Fund III to Support “Physical AI” Startups
SuperSeed , backing technical founders bringing AI to the physical world, led by Mads Jensen and Dan Bowyer, has launched Fund III, a seed-stage fund focused on Physical AI startups. The fund has secured a cornerstone commitment of up to £50 million from the British Business Bank , which invested through its Enterprise Capital Funds programme. Christine Hockley of British Business Bank said SuperSeed’s backing will attract private capital to support applied physical AI comp
Mar 19
Deep Tech
Sweden Ballistics Raises €30 Million to Strengthen Europe’s Ammunition Supply Chain with New Swedish TNT Factory
Sweden Ballistics, securing Europe's explosives supply, led by Joakim Sjöblom, Carl Duforce, Sebastian Reismer, and the team, has raised a €30 million funding round to complete construction of its TNT manufacturing facility in Nora, Sweden. The €30m strategic investment is made up of several investors. Firstly, Sweden’s ex-Chief of Army, Major General (ret) Karl Engelbrektson. In 2023, Karl took on the position of Head of Advisory Board at Finserve Global Security Fund (GSF).
Graduate Ventures Reaches Milestone with 80th Investment in Delft Quantum Startup FrostByte
Graduate Ventures, empowering founders through funding and support, is celebrating its 80th investment. The milestone backing goes to FrostByte, a Delft startup whose technology makes it possible to build quantum computers at a greater scale. The investment is part of a 1.3 million euro funding round, alongside Innovation Quarter, Paeonia Group, UNIIQ, and an angel investor. Since its founding in 2021, Graduate Ventures has invested in 79 startups from the ecosystems of TU De
Sweden Ballistics Raises €30 Million to Strengthen Europe’s Ammunition Supply Chain with New Swedish TNT Factory
Sweden Ballistics, securing Europe's explosives supply, led by Joakim Sjöblom, Carl Duforce, Sebastian Reismer, and the team, has raised a €30 million funding round to complete construction of its TNT manufacturing facility in Nora, Sweden. The €30m strategic investment is made up of several investors. Firstly, Sweden’s ex-Chief of Army, Major General (ret) Karl Engelbrektson. In 2023, Karl took on the position of Head of Advisory Board at Finserve Global Security Fund (GSF).
Astranis Adds $450 Million to Meet Surging Demand for Advanced High-Orbit Spacecraft
Astranis, building the world's most advanced satellites for high orbits, led by John Gedmark and the team, has raised $450 million in new capital, bringing the company’s total raised to more than $1.2 billion as it scales to meet increased demand for its spacecraft designed for geostationary orbit (GEO) and other high orbits. The funding includes a new $300 million Series E round co-led by Snowpoint Ventures and Franklin Templeton, with participation from Andreessen Horowitz,
Quantum Motion Raises $160 Million Series C to Deliver Quantum Computing’s “Transistor Moment”
Quantum Motion, building a full-stack CMOS quantum computing, led by James Palles-Dimmock, Simon Benjamin, John Morton, and the team, has announced a $160 million Series C round to commercialise its scalable and energy-efficient approach to quantum computing. The round is co-led by DCVC and Kembara, with participation from new investors, the British Business Bank, and Firgun, alongside existing investors Oxford Science Enterprises, Inkef, Bosch Ventures, Porsche Automobil Hol
How Lunar Outpost is Building the Industrial Foundation of the Space Frontier and Economy
Lunar Outpost, the industry leader in commercial space robotics, lunar surface mobility, and in-space infrastructure, led by Justin Cyrus, Forrest Meyen, AJ Gemer, Julian Cyrus, and the team, has announced a $30M Series B led by Industrious Ventures, with participation from Type One Ventures, Eniac Ventures, Promus Ventures, Reliable Equity, and others. The funding will accelerate production and deployment of the company’s advanced robotics and mobility platforms as it scales
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Security
General Analysis is Building the Security Arsenal for the Agentic Era
General Analysis, providing a comprehensive suite of AI safety tools, including run-time guardrails, red-teaming frameworks, interpretability techniques, observability, and more, led by Rez Havaei, Maximilian Li, and Rex Liu, has raised $10 million in seed funding led by Altos Ventures with participation from 645 Ventures, Menlo Ventures, Y Combinator, Leonis Capital, & strategic funds & angels. Agent Security Is an Empirical Problem Traditional software is deterministic and
General Analysis is Building the Security Arsenal for the Agentic Era
General Analysis, providing a comprehensive suite of AI safety tools, including run-time guardrails, red-teaming frameworks, interpretability techniques, observability, and more, led by Rez Havaei, Maximilian Li, and Rex Liu, has raised $10 million in seed funding led by Altos Ventures with participation from 645 Ventures, Menlo Ventures, Y Combinator, Leonis Capital, & strategic funds & angels. Agent Security Is an Empirical Problem Traditional software is deterministic and
How MindFort is Securing the World's Software in the AI Era
MindFort, building the security agent company, led by Brandon Veiseh and Akul Gupta, has raised a $3M+ seed round, led by Soma Capital, with participation from Y Combinator, 468 Capital, CRV, Sandwith Ventures, and Blast. The raise comes as Anthropic showcases AI systems capable of uncovering thousands of hidden vulnerabilities, highlighting the limits of traditional security approaches. MindFort addresses this shift with an autonomous security engineer built for continuous,
TENEX.AI Announces $250M in Series B
TENEX.AI , the first leading AI-native, human-led SOC that triages every alert, investigates every threat, and frees your team for strategic work, led by Eric Foster, Venkata Koppaka, Ryan Shreve, Edwin Solis, Jan Grzymala-Busse, Elias “Lou” Manousos, and the team, has raised $250M in Series B funding led by Crosspoint Capital Partners . Nearly one year since entering the market, TENEX has achieved rapid growth, generating $25M+ in contracted revenue, scaling headcount by 3
XBOW Accelerates the Expansion of its Autonomous Hacker Platform
XBOW , transforming application security with AI-powered continuous offense, led by Oege de Moor, Nico Waisman, Niroshan Rajadurai, Jonaki Egenolf, and others, has raised $120 million in Series C financing led by DFJ Growth and Northzone , valuing the company at over $1 Billion. As part of DFJ Growth’s investment, Ramin Sayar will join XBOW’s board, bringing experience to scale enterprise growth. The round also includes Sofina , Alkeon Capital , and existing investors Alt
How Manifold is Securing AI Agents on Endpoints
Manifold , building runtime security for AI agents on endpoints, led by Oleksandr Yaremchuk, Neal Swaelens, and Michael McKenna, has announced the close of an $8 million seed funding round led by Costanoa Ventures with participation from Cherry Ventures , Rain Capital , and Modern Technical Fund , and notable angel investors including former Uber CSO Joe Sullivan and former Google DeepMind CISO Vijay Bolina. The funding will accelerate development of Manifold’s agentic AI D
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