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Observable Space is Scaling Manufacturing and Turnkey Lasercom Platform with New Funding, Announces $94 Million U.S. Space Force Contract
Observable Space, a real-time observation platform powering ground and space optics, led by Dan Roelker, Rick Hedrick, Connor Poole, and the team, has raised a $90 million Series A funding round, led by Lux Capital, co-led by Upfront Ventures, Detroit Venture Partners, Island Green Capital, and RTX Ventures, and with participation from BRV Capital, Fathom Fund, and Venrex. The company has also announced a $94 million sole-sourced Indefinite Delivery, Indefinite Quantity (IDIQ
5 hours ago
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Atheni Raises £350,000 to Move Organisations Beyond Surface-Level Use of AI
Atheni, the AI adoption company founded by Mackenzie Howe and Louise Ballard, has raised £350,000 to build a platform that scales a proven methodology for using AI well across organisations. Atheni developed its methodology through two years of client work before transforming it into a scalable platform focused on delivering personalised, in-work guidance. The company is backed by angel investors including Alex Chesterman and is also supported by Innovate UK. The funding come
13 minutes 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) Alchemize: Founded by Samuel Fu and Robert Hou, Alchemize is an AI-native customs brokerage. Know More At: tryalchemize.com 2) Superset: Founded by Kiet Ho, Satya Patel, and Avi Peltz, Superset helps engineers run 100s of coding agents in parallel. Know More At: superset.sh 3) Integuru: Founded by Richard Zhang and Alan Lu, Integuru turns any platform i
2 hours ago
H1 Receives $40M Investment in Round Led by CVS Health Ventures
H1, an AI-driven platform that integrates fragmented healthcare data to identify and match doctors across clinical trials, medical affairs, commercialization, referrals, and patient care, led by Ariel Katz and Ian Sax, has raised a $40M investment in a round led by CVS Health Ventures. The investment follows several successful collaborations between CVS Health and H1, including an AI model that significantly improved healthcare provider directory accuracy, helping patients fi
3 hours ago
Corgi Reaches $2.6B Valuation With $106M Series B1 Three Weeks After $160M Unicorn Round
Corgi, business insurance at the speed of compute, led by Nico Laqua, Emily Yuan, and the team, has raised a $106 million Series B1 round, led by TCV with participation from Prime Capital, Zone 2 Ventures, Oliver Jung, Leblon Capital, Kindred Ventures, Quadri Ventures, First Order Fund, Vocal Ventures, Nordstar, GSBackers, Repeat Ventures, 8188 Capital, and other strategic investors. The new funding round values Corgi at $2.6 billion and will support the expansion of its ful
4 hours ago
Observable Space is Scaling Manufacturing and Turnkey Lasercom Platform with New Funding, Announces $94 Million U.S. Space Force Contract
Observable Space, a real-time observation platform powering ground and space optics, led by Dan Roelker, Rick Hedrick, Connor Poole, and the team, has raised a $90 million Series A funding round, led by Lux Capital, co-led by Upfront Ventures, Detroit Venture Partners, Island Green Capital, and RTX Ventures, and with participation from BRV Capital, Fathom Fund, and Venrex. The company has also announced a $94 million sole-sourced Indefinite Delivery, Indefinite Quantity (IDIQ
5 hours ago
AI & Robotics
Atheni Raises £350,000 to Move Organisations Beyond Surface-Level Use of AI
Atheni, the AI adoption company founded by Mackenzie Howe and Louise Ballard, has raised £350,000 to build a platform that scales a proven methodology for using AI well across organisations. Atheni developed its methodology through two years of client work before transforming it into a scalable platform focused on delivering personalised, in-work guidance. The company is backed by angel investors including Alex Chesterman and is also supported by Innovate UK. The funding come
13 minutes ago2 min read
Atheni Raises £350,000 to Move Organisations Beyond Surface-Level Use of AI
Atheni, the AI adoption company founded by Mackenzie Howe and Louise Ballard, has raised £350,000 to build a platform that scales a proven methodology for using AI well across organisations. Atheni developed its methodology through two years of client work before transforming it into a scalable platform focused on delivering personalised, in-work guidance. The company is backed by angel investors including Alex Chesterman and is also supported by Innovate UK. The funding come
Orbital Industries is Scaling its AI Engine for the Physical Economy and Building Next-Generation Data Centre Hardware
Orbital Industries, an AI-first industrial company using frontier AI to design, manufacture, and ship the physical products the world needs, led by Jonathan Godwin, James Gin-Pollock, Daniel Miodovnik, and the team, has raised $50 million in Series B funding led by Plural. Existing and previous investors, NVentures (NVIDIA), Radical Ventures, Compound, and Fly Ventures also participated. The funding will support scaling Orbital’s data centre products, expanding its AI and eng
How Pace is Building for the Next Century of Insurance
Pace, the AI operations platform for insurance, led by Jamie Cuffe and the team, has announced $46 million in Series B funding, co-led by Thrive Capital and Sequoia, with participation from Emergence and Pruven, to help the customers insure more of the world’s risk. Since launching last year, Pace has enabled insurers to autonomously complete more than 250,000 insurance workflows using AI agents. The platform is used by companies including Prudential, Palomar, and Convex to a
Stord Raises $250M Series F at $3B to Advance the Physical Intelligence Layer for Commerce
Stord, powering commerce for the world's best brands, led by Sean Henry, Jacob Boudreau, and the team, has announced a nearly $250 million Series F funding round at a $3 billion valuation, led by existing investors doubling down on the company’s accelerating growth and expanding market leadership. The round included Strike Capital, Kleiner Perkins, Founders Fund, Franklin Templeton, Baillie Gifford, G Squared, Bond, and Lux, among others. The raise accelerates Stord’s missio
How Socket is Securing AI-Driven Software Development
Socket, transforming how organizations protect their applications from the rising threat of software supply chain attacks, led by Feross Aboukhadijeh and the team, has raised $60 million Series C at a $1 billion valuation, led by Thrive Capital, with participation from Andreessen Horowitz, Abstract Ventures, and Capital One Ventures, bringing the total funding to $125 million. AI has fundamentally changed how engineering teams write and ship code, dramatically increasing the
Contrario Announces its Launch, Building Next Gen AI Recruiting Platform
Contrario, the AI-powered recruitment platform, led by founders Arya Marwaha and Aditya Sood, has announced its launch. Contrario has surpassed $6M in annualized revenue in under six months, paid out over $1M to its recruiter network, and is now used by 200+ fast-growing companies, including unicorns like Slash and Wispr Flow. The company is focused on using AI to automate repetitive parts of hiring, enabling recruiters and companies to focus more on high-value, human aspects
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Fintech
Corgi Reaches $2.6B Valuation With $106M Series B1 Three Weeks After $160M Unicorn Round
Corgi, business insurance at the speed of compute, led by Nico Laqua, Emily Yuan, and the team, has raised a $106 million Series B1 round, led by TCV with participation from Prime Capital, Zone 2 Ventures, Oliver Jung, Leblon Capital, Kindred Ventures, Quadri Ventures, First Order Fund, Vocal Ventures, Nordstar, GSBackers, Repeat Ventures, 8188 Capital, and other strategic investors. The new funding round values Corgi at $2.6 billion and will support the expansion of its ful
Corgi Reaches $2.6B Valuation With $106M Series B1 Three Weeks After $160M Unicorn Round
Corgi, business insurance at the speed of compute, led by Nico Laqua, Emily Yuan, and the team, has raised a $106 million Series B1 round, led by TCV with participation from Prime Capital, Zone 2 Ventures, Oliver Jung, Leblon Capital, Kindred Ventures, Quadri Ventures, First Order Fund, Vocal Ventures, Nordstar, GSBackers, Repeat Ventures, 8188 Capital, and other strategic investors. The new funding round values Corgi at $2.6 billion and will support the expansion of its ful
4 hours ago
Didit is Building the Infrastructure for Identity and Fraud
Didit, identity and fraud, rebuilt as infrastructure, led by twin brothers Alberto Rosas and Alejandro Rosas, has raised $6 million, bringing the total raised to $7.5 million. This round was backed by Y Combinator, Pioneer Fund, Orange Collective, SaaSholic, Founders Future, Phosphor Capital, Rebel Fund, Lobster Capital, alongside angels like Tomer London (co-founder of Gusto) and Taro Fukuyama (founder of Fond), and other amazing VCs and angels who joined the round, operator
2 days ago
Primer is Building AI-Native Infrastructure that the Next Generation of Payments and Finance Teams will Run On
Primer, unified intelligence for payments, led by Gabriel Le Roux and the team, has raised $100M Series C led by Sofina, with participation from Peak XV Partners and all existing investors. AI is reshaping payments and finance by enabling faster decision-making, earlier issue detection, and more confident real-time actions. However, its effectiveness depends on unified data, which has historically been fragmented across processors, acquirers, fraud tools, and finance systems,
4 days ago
Farther Raises $150 Million Series D, led by General Atlantic, to Scale Intelligent Wealth Management
Farther, Intelligent wealth management, natively built to unlock greater client wealth, led by Brad Genser and Taylor Matthews, has raised $150 million in Series D funding led by General Atlantic. Founded in 2019, Farther provides an AI-driven wealth management platform that modernizes legacy advisory systems through integrated tools for portfolio optimization, execution, risk management, and client insights, while also offering access to private market investments. It serves
4 days ago
Scapia Plans Next Phase of Growth, Innovation, and AI-First Travel Experiences with New Funding
Scapia, one of India's leading travel-fintech companies, led by Anil Goteti and the team, has raised $63 million in a round led by General Catalyst, with continued participation from existing investors Peak XV Partners and Z47. With this round, Scapia will scale to millions of customers across India and accelerate its AI-first approach to product and team development. “We are excited to have General Catalyst join us as a partner, alongside continued investment from Peak XV an
May 22
bunch is Replacing Legacy Fund Operations with AI-Native Private Markets Infrastructure
bunch, building the Backbone for Private Markets, led by Levent Altunel, Enrico Ohnemüller, and the team, has announced the close of its $35 million Series B, led by Portage, with participation from Illuminate Financial, significant follow-on investment from existing investors Motive Partners, Cherry Ventures, Fintech Collective, and additional angel investors. The funding will be used to accelerate commercial growth across Europe, deepen automation and AI capabilities, and
May 20
Venture Capital
Convective Announces $85 Million Fund II for Disaster Resilience
Convective, investing in systems that keep the world running, led by Bill Clerico, Kat Mañalac, Mike Trapanese, Jay Ribakove, and Amy Brown, has announced $85 Million Fund II for Disaster Resilience. Fund II investments so far span supply chain, manufacturing, forestry, design, and grid resilience and include companies like Drafted, Edge, The Lumber Manufactory, and Voltair, and is backed by LPs like the Arbor Day Foundation, John & Patrick Collison, Pathstone, StepStone Grou
Convective Announces $85 Million Fund II for Disaster Resilience
Convective, investing in systems that keep the world running, led by Bill Clerico, Kat Mañalac, Mike Trapanese, Jay Ribakove, and Amy Brown, has announced $85 Million Fund II for Disaster Resilience. Fund II investments so far span supply chain, manufacturing, forestry, design, and grid resilience and include companies like Drafted, Edge, The Lumber Manufactory, and Voltair, and is backed by LPs like the Arbor Day Foundation, John & Patrick Collison, Pathstone, StepStone Grou
May 22
A* Announces Fund III
A*, guiding outliers from idea to IPO, led by Kevin Hartz, Bennett Siegel, Gautam Gupta, and the team, has announced A* III, a $450 million early-stage fund. A* was founded on a simple idea: becoming a founder’s first believer. Sector-agnostic but deeply specialized in seed investing, A* backs exceptional builders before consensus, traction, or even a product exists. The focus is driven not by market theses, but by conviction. As seed investing becomes increasingly crowded an
May 13
How Early-Stage Investing Is Shifting — From Pattern Matching to Founder Conviction
By Andra Bagdonaitė, General Partner at FIRSTPICK Most early-stage investment decisions are made with almost no data. There's no revenue to analyze. No market share to defend. No proven team history at the specific problem they're now attacking. And yet capital gets deployed, at speed, in volume, based on frameworks built for a world that increasingly no longer exists. The question every serious early-stage investor should be asking right now: what is actually driving convict
May 11
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
May 9
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
May 9
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
May 5
Deep Tech
Observable Space is Scaling Manufacturing and Turnkey Lasercom Platform with New Funding, Announces $94 Million U.S. Space Force Contract
Observable Space, a real-time observation platform powering ground and space optics, led by Dan Roelker, Rick Hedrick, Connor Poole, and the team, has raised a $90 million Series A funding round, led by Lux Capital, co-led by Upfront Ventures, Detroit Venture Partners, Island Green Capital, and RTX Ventures, and with participation from BRV Capital, Fathom Fund, and Venrex. The company has also announced a $94 million sole-sourced Indefinite Delivery, Indefinite Quantity (IDIQ
Observable Space is Scaling Manufacturing and Turnkey Lasercom Platform with New Funding, Announces $94 Million U.S. Space Force Contract
Observable Space, a real-time observation platform powering ground and space optics, led by Dan Roelker, Rick Hedrick, Connor Poole, and the team, has raised a $90 million Series A funding round, led by Lux Capital, co-led by Upfront Ventures, Detroit Venture Partners, Island Green Capital, and RTX Ventures, and with participation from BRV Capital, Fathom Fund, and Venrex. The company has also announced a $94 million sole-sourced Indefinite Delivery, Indefinite Quantity (IDIQ
Orbital Industries is Scaling its AI Engine for the Physical Economy and Building Next-Generation Data Centre Hardware
Orbital Industries, an AI-first industrial company using frontier AI to design, manufacture, and ship the physical products the world needs, led by Jonathan Godwin, James Gin-Pollock, Daniel Miodovnik, and the team, has raised $50 million in Series B funding led by Plural. Existing and previous investors, NVentures (NVIDIA), Radical Ventures, Compound, and Fly Ventures also participated. The funding will support scaling Orbital’s data centre products, expanding its AI and eng
Virgin Galactic’s VSS Unity Returns to the Skies In Preparation For New Spaceship Flight Test Program
Virgin Galactic, harnessing spaceflight to expand the boundaries of exploration, innovation, and discovery to advance human progress, has announced that VSS Unity, its prototype Spaceship, has returned to the skies above Spaceport America in New Mexico for the first of several anticipated glide flights. These flights are designed to prepare the company’s pilots and operations teams ahead of new Spaceship operations. Mike Moses said that Unity’s glide and energy-management cha
How Lucis is Making Preventive Health the Standard Across Europe
Lucis, your health companion, helping you deeply understand your biology and take action to improve it, led by Max Berthelot and Baptiste Debever, has raised a $20 million Series A, led by Singular, with participation from General Catalyst, Y Combinator, and angels including investors behind Runna, Céline Lazorthes (Resilience), and Manu Lecomte. The round follows Lucis’s $8M seed raise four months ago, bringing total funding to $28M. Lucis will use the capital to expand acro
Quanscient Raises €10 Million, Leads the Shift to Quantum and AI-Native Hardware Engineering
Quanscient, the multiphysics simulation platform for the AI era, led by Juha Riippi, Alexandre Halbach, Asser Lähdemäki, Valtteri Lahtinen, and Andrew Tweedie, has raised a €10 million Series A funding round led by Danish quantum fund 55 North and Austrian industrial investor B&C Group, with full re-participation from existing investors Maki.vc, Crowberry Capital, QAI Ventures, and First Fellow Partners. While AI has transformed many industries, hardware engineering continues
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Security
Didit is Building the Infrastructure for Identity and Fraud
Didit, identity and fraud, rebuilt as infrastructure, led by twin brothers Alberto Rosas and Alejandro Rosas, has raised $6 million, bringing the total raised to $7.5 million. This round was backed by Y Combinator, Pioneer Fund, Orange Collective, SaaSholic, Founders Future, Phosphor Capital, Rebel Fund, Lobster Capital, alongside angels like Tomer London (co-founder of Gusto) and Taro Fukuyama (founder of Fond), and other amazing VCs and angels who joined the round, operator
Didit is Building the Infrastructure for Identity and Fraud
Didit, identity and fraud, rebuilt as infrastructure, led by twin brothers Alberto Rosas and Alejandro Rosas, has raised $6 million, bringing the total raised to $7.5 million. This round was backed by Y Combinator, Pioneer Fund, Orange Collective, SaaSholic, Founders Future, Phosphor Capital, Rebel Fund, Lobster Capital, alongside angels like Tomer London (co-founder of Gusto) and Taro Fukuyama (founder of Fond), and other amazing VCs and angels who joined the round, operator
How Socket is Securing AI-Driven Software Development
Socket, transforming how organizations protect their applications from the rising threat of software supply chain attacks, led by Feross Aboukhadijeh and the team, has raised $60 million Series C at a $1 billion valuation, led by Thrive Capital, with participation from Andreessen Horowitz, Abstract Ventures, and Capital One Ventures, bringing the total funding to $125 million. AI has fundamentally changed how engineering teams write and ship code, dramatically increasing the
Ocean Emerges from Stealth to Protect Enterprises from AI-Powered Email Attacks
Ocean, an agentic email security platform, led by Shay Shwartz and Oran Moyal, has announced its launch from stealth with $28 million in total funding, led by Lightspeed Venture Partners, with participation from Picture Capital and Cerca Partners. Additional angel investors include Assaf Rappaport (Wiz), Yevgeny Dibrov and Nadir Izrael (Armis), and Dor Knafo (former CEO of Axis Security and General Partner at Cyberstarts), among other leading angel investors. Ocean is introdu
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,
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