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Fortastra Raises $30 Million in Series A Funding to Scale Maneuverable Spacecraft for On-Orbit Security
Fortastra, an orbital defense company built for scale, led by Dr. Michael Smayda, has raised $30 million in Series A led by First In, with participation from Upfront Ventures, Space Capital, Rsquared, Side Door Ventures, ATX Ventures, among others, as well as existing investors. Fortastra will use the funding to accelerate the development of its on-orbit security platforms, expand its engineering and operations teams, and strengthen its autonomy and manufacturing capabilitie
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Rivercell Launches With $25 Million to Build Data Platforms and AI Models That Predict How Human Cells Respond to Treatment
Rivercell, building the AI virtual cell to decipher biology and disease, led by Yann Fleureau and Éric Durand, has announced a $25 million seed round led by HV. HCVC, Alven, and Bpifrance Digital Venture also participated in the round, which will fund the scale-up of Rivercell’s proprietary data generation platform, the expansion of its wet lab in Paris (a lab working with chemicals and biological samples), and the launch of its AI Virtual Cell program. As an indication-agnos
3 minutes ago
Arena Announces a $200 Million Series B at a $3.1 Billion Valuation to Advance Real-World AI Evaluation
Arena, the official AI ranking and LLM leaderboard, led by Anastasios Angelopoulos, Wei-Lin Chiang, and Ion Stoica, has announced a $200 million Series B at a $3.1 billion valuation to continue on its mission to measure and advance the AI frontier for real-world use. In parallel, arena is announcing the release of its Alignment Index, which measures how AI can deviate from human values in the real world. Arena’s Series B, co-led by Lightspeed Venture Partners and Khosla Ventu
26 minutes ago
Preference Model Introduces Karotte: A Framework for Building Robust RL Environments
Preference Model, a superintelligence data research company, led by Jennifer Zhou and Ning Cao, has open-sourced Karotte, a framework for building RL environments. Karotte, used internally for the past year, is the first component of the company’s RL environment development stack being released publicly. Designed with secure defaults and built-in primitives, it aims to simplify the creation of robust reinforcement learning environments and support safer, more aligned AI train
1 hour ago
Vesta Raises $30 Million to Scale its AI Agents Across Mortgage Lending
Vesta, an AI-native mortgage loan origination system, led by Mike Yu and Devon Yang, has announced a $30 million Series B, led by Conversion Capital, with strategic participation from Pennymac, New American Funding, Citi Ventures, NBKC Bank, First American, and FirstKey Mortgage, as well as participation from a16z, Zigg, and Navitas, bringing the total funding to $85 million. Vesta’s revenue has grown more than 12x in the past year, while customer numbers and headcount have i
2 hours ago
Universal Quantum Raises Over $100M Series A to Scale Quantum Computing Globally
Universal Quantum, the company building large-scale quantum computing systems for real-world use, led by Sebastian Weidt and Winfried Hensinger, has announced it has secured over $100 million in Series A funding - marking the largest Series A ever raised by a quantum firm headquartered in the UK. The round was co-led by DCVC and Firgun Ventures, with participation from EDBI, Artal (advised by Invus), Integral GlobalTech, Main Sequence, Hostplus, NGS Super, IAG Capital, EdenBa
3 hours ago
AI & Robotics
Rivercell Launches With $25 Million to Build Data Platforms and AI Models That Predict How Human Cells Respond to Treatment
Rivercell, building the AI virtual cell to decipher biology and disease, led by Yann Fleureau and Éric Durand, has announced a $25 million seed round led by HV. HCVC, Alven, and Bpifrance Digital Venture also participated in the round, which will fund the scale-up of Rivercell’s proprietary data generation platform, the expansion of its wet lab in Paris (a lab working with chemicals and biological samples), and the launch of its AI Virtual Cell program. As an indication-agnos
3 minutes ago3 min read
Rivercell Launches With $25 Million to Build Data Platforms and AI Models That Predict How Human Cells Respond to Treatment
Rivercell, building the AI virtual cell to decipher biology and disease, led by Yann Fleureau and Éric Durand, has announced a $25 million seed round led by HV. HCVC, Alven, and Bpifrance Digital Venture also participated in the round, which will fund the scale-up of Rivercell’s proprietary data generation platform, the expansion of its wet lab in Paris (a lab working with chemicals and biological samples), and the launch of its AI Virtual Cell program. As an indication-agnos
Arena Announces a $200 Million Series B at a $3.1 Billion Valuation to Advance Real-World AI Evaluation
Arena, the official AI ranking and LLM leaderboard, led by Anastasios Angelopoulos, Wei-Lin Chiang, and Ion Stoica, has announced a $200 million Series B at a $3.1 billion valuation to continue on its mission to measure and advance the AI frontier for real-world use. In parallel, arena is announcing the release of its Alignment Index, which measures how AI can deviate from human values in the real world. Arena’s Series B, co-led by Lightspeed Venture Partners and Khosla Ventu
Preference Model Introduces Karotte: A Framework for Building Robust RL Environments
Preference Model, a superintelligence data research company, led by Jennifer Zhou and Ning Cao, has open-sourced Karotte, a framework for building RL environments. Karotte, used internally for the past year, is the first component of the company’s RL environment development stack being released publicly. Designed with secure defaults and built-in primitives, it aims to simplify the creation of robust reinforcement learning environments and support safer, more aligned AI train
Vesta Raises $30 Million to Scale its AI Agents Across Mortgage Lending
Vesta, an AI-native mortgage loan origination system, led by Mike Yu and Devon Yang, has announced a $30 million Series B, led by Conversion Capital, with strategic participation from Pennymac, New American Funding, Citi Ventures, NBKC Bank, First American, and FirstKey Mortgage, as well as participation from a16z, Zigg, and Navitas, bringing the total funding to $85 million. Vesta’s revenue has grown more than 12x in the past year, while customer numbers and headcount have i
Mecka Raises $60M Series B led by Sequoia Capital
Mecka, the data and deployment layer for physical AI, led by Josh Gao, Jason Chong, Mogen Cheng, and Duy Nguyen, has raised a $60 million Series B led by Sequoia Capital, backed by new investors including NVIDIA, M12 — Microsoft’s Venture Fund, Qualcomm Ventures, and Samsung, with continued support from Kindred, Framework Ventures, and Neo. The Physical World Was Never Recorded. The internet captures information, but not how humans interact with the physical world. Robots
Healthleap Raises $38M to Help Hospitals Find Patients with Undiagnosed Conditions
Healthleap, a clinical AI platform that screens patients for conditions that often go undiagnosed, led by Josiah Meyer and Jemima Meyer, has raised $38 million in combined seed and Series A funding from Sequoia Capital, First Round Capital, and Hummingbird Ventures. Healthleap helps care teams identify at-risk patients earlier by reviewing their complete medical records daily. The funding will support expansion into more conditions and team growth across key functions. The Pr
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Fintech
Santé Raises $15M Series A to Expand the First AI Operating System for Wine & Spirits Retail
Sante, a leading fintech and AI platform for the wine and spirits industry, led by Darren Fike, has raised a $15 million Series A funding led by FINTOP alongside returning investors Bonfire Ventures, Operator Collective, Y Combinator, and Veridical Ventures. The funding comes 6 months after Santé announced its $7.6M seed, and during a period of immense growth where the business grew by 500%, serving nearly 1,000 retailers processing $2B in annual GMV. The Problem: Regulatory
Santé Raises $15M Series A to Expand the First AI Operating System for Wine & Spirits Retail
Sante, a leading fintech and AI platform for the wine and spirits industry, led by Darren Fike, has raised a $15 million Series A funding led by FINTOP alongside returning investors Bonfire Ventures, Operator Collective, Y Combinator, and Veridical Ventures. The funding comes 6 months after Santé announced its $7.6M seed, and during a period of immense growth where the business grew by 500%, serving nearly 1,000 retailers processing $2B in annual GMV. The Problem: Regulatory
2 days ago
Spiko Raises $90M Series B Led by NEA to Make Yield Universal
Spiko, the tokenized cash fund leader, led by Paul-Adrien Hyppolite and Antoine Michon, has announced a $90 million Series B led by New Enterprise Associates (NEA), with participation from investors including Index Ventures, Bpifrance, Speedinvest, Flourish Ventures, Shapers, White Star Capital, Blockwall, Frst, EQNX, Mirana Ventures, and Wintermute Ventures. Prominent angels also joined, including Axel Weber, former president of the Bundesbank, and the founders of Qonto. The
2 days ago
Valon Announces Series D, Deploying ValonOS and AI to the Mortgage Industry
Valon, the AI-native operating system for mortgage servicing, led by Andrew Wang, Linda Du, and the team, has raised $150 million in Series D funding at a $2.3 billion valuation. For six years, Valon operated its own mortgage servicing business on ValonOS, proving its technology in one of the most regulated industries in the U.S. Last year, Valon sold its servicing business and opened ValonOS to the broader mortgage industry. The platform quickly attracted major servicers in
3 days ago
Charter Space Closes Oversubscribed $5 Million Seed Round as Demand for Space Insurance Accelerates
Charter Space, the AI-native economic defense company insuring the rapidly growing space economy, led by Yuk Chi Chan and Yukun Yin, has announced the close of an oversubscribed $5 million seed round, led by Crystal Venture Partners with participation from QED, Blank Ventures, Gaingels, Hustle Fund, and other leading fintech and space investors. The round brings Charter’s total funding to $8 million, following the company’s earlier $3 million pre-seed round. The new funding f
Oct 1
Numeral Raises $100 Million Series C to Expand AI-Powered Tax Compliance Across Industries
Numeral, an AI-powered platform to stay compliant with US sales tax and global VAT, led by Sam Ross and Matt DuVall, has raised a $100 million Series C led by Insight Partners, with participation from Salesforce Ventures, Geodesic, Benchmark, Mayfield, FCVC, Y Combinator and Uncork. Numeral will use the funding to accelerate product development, expand into industries including software, manufacturing, distribution, and wholesale, and grow its engineering, sales, marketing, a
Sep 24
Integral Raises €18m Series A Led by Mosaic Ventures and Reid Hoffman to Build the AI-Native Accounting, Tax, and Payroll Services Firm for SMEs
Integral, connecting accounting, tax, and payroll in one AI-native firm, led by Lukas Zörner and Anil Can Baykal, has announced an €18m Series A, co-led by Mosaic Ventures and Reid Hoffman, with its existing investors Cherry Ventures, General Catalyst, and Puzzle Ventures joining again. It brings the total capital raised by Integral to more than €30m. Where Integral Started. Before Integral, the founders spent years building banking and payments products for businesses and sp
Sep 17
Venture Capital
Graduate Ventures Launches Second Seed Fund of €125 Million
Graduate Ventures, the Netherlands’ largest nationwide university-affiliated venture fund, led by Auke van den Hout, and the team, has launched its second seed fund of €125 million, with €100 million already committed. Graduate Ventures now partners with eight universities and three university medical centres, giving it nationwide coverage to provide startups with capital and hands-on support from its network of investors, successful entrepreneurs and alumni of its partner un
Graduate Ventures Launches Second Seed Fund of €125 Million
Graduate Ventures, the Netherlands’ largest nationwide university-affiliated venture fund, led by Auke van den Hout, and the team, has launched its second seed fund of €125 million, with €100 million already committed. Graduate Ventures now partners with eight universities and three university medical centres, giving it nationwide coverage to provide startups with capital and hands-on support from its network of investors, successful entrepreneurs and alumni of its partner un
2 days ago
Uplift Ventures Launches €100 Million Fund to Back Europe's Next Generation of Product-Obsessed Deep Tech Founders
Uplift Ventures, an independently operating venture platform investing in and building startups shaping the future of Physical AI, Energy, Enterprise AI, and Logistics, has announced the launch of its inaugural €100 million venture capital fund, dedicated to backing Europe's next generation of Deep Tech founders. Uplift Ventures plans to back up to 20 startups and selected Deep Tech funds from its €100 million fund, creating a unique global network that benefits founders long
Sep 15
Volition Capital Announces Closing of Volition Capital Fund VI with $950 Million in LP Capital Commitments.
Volition Capital, a Boston-based growth equity investment firm, led by Managing Partners Sean Cantwell, Larry Cheng, Roger Hurwitz, and the team, has announced the final closing of Volition Capital Fund VI, L.P. (“Fund VI”) at its hard cap of $950 million in limited partner capital commitments. Fund VI was oversubscribed, reflecting strong demand from both its existing and new limited partners. Fund VI is the largest fund raised by Volition to date, bringing its total assets
Sep 12
Seed Capital Closes €130M Fund V to Expand into Sweden and Cybersecurity
Seed Capital, partnering with remarkable entrepreneurs across the Nordics to build global winners, led by General Partners Lars Andersen, Ulla Brockenhuus-Schack, Geeta Schmidt, and Managing Partner Christian Brøndum, has now completed its fifth fund, valued at €130 million. Fund V will make investments ranging from €3 million to €6 million across 15 to 17 companies, from the seed stage through to Series A. The firm continues to concentrate on fintech and AI-driven B2B servi
Sep 11
Molten Ventures Announces £175m First Close of Molten Growth Fund with Cornerstone Commitment from British Business Bank
Molten Ventures, a leading venture capital firm with a 20-year track record of investing in and developing disruptive high-growth technology companies across Europe and the UK, announced the first close of its Growth Fund at £175 million. The British Business Bank has committed £75 million as a cornerstone investor. Molten Ventures has committed the remaining £100 million of the first close and will continue to seek additional investors, with the aim of growing the Growth Fun
Sep 7
Andreessen Horowitz Announces 'The Machine Age Fund'
A16Z has raised $1.1B for its newest fund: the Machine Age Fund, aimed at accelerating the physical buildout of AI. The fund reflects a broader push to bring AI into the physical world, positioning the technology as a powerful tool for solving real-world problems and expanding abundance. AI’s capabilities are expanding rapidly, with systems moving from chat to reasoning, coding, and increasingly complex forms of knowledge work. As utility and demand grow, so does the computat
Aug 29
Deep Tech
Universal Quantum Raises Over $100M Series A to Scale Quantum Computing Globally
Universal Quantum, the company building large-scale quantum computing systems for real-world use, led by Sebastian Weidt and Winfried Hensinger, has announced it has secured over $100 million in Series A funding - marking the largest Series A ever raised by a quantum firm headquartered in the UK. The round was co-led by DCVC and Firgun Ventures, with participation from EDBI, Artal (advised by Invus), Integral GlobalTech, Main Sequence, Hostplus, NGS Super, IAG Capital, EdenBa
Universal Quantum Raises Over $100M Series A to Scale Quantum Computing Globally
Universal Quantum, the company building large-scale quantum computing systems for real-world use, led by Sebastian Weidt and Winfried Hensinger, has announced it has secured over $100 million in Series A funding - marking the largest Series A ever raised by a quantum firm headquartered in the UK. The round was co-led by DCVC and Firgun Ventures, with participation from EDBI, Artal (advised by Invus), Integral GlobalTech, Main Sequence, Hostplus, NGS Super, IAG Capital, EdenBa
Fortastra Raises $30 Million in Series A Funding to Scale Maneuverable Spacecraft for On-Orbit Security
Fortastra, an orbital defense company built for scale, led by Dr. Michael Smayda, has raised $30 million in Series A led by First In, with participation from Upfront Ventures, Space Capital, Rsquared, Side Door Ventures, ATX Ventures, among others, as well as existing investors. Fortastra will use the funding to accelerate the development of its on-orbit security platforms, expand its engineering and operations teams, and strengthen its autonomy and manufacturing capabilitie
Startup Policy Forum Launches DeepVerse to Bring Deeptech Startups, Investors, and Policymakers Together
Startup Policy Forum, a vital bridge between the startup community and policymakers, led by Shweta Rajpal Kohli, Avantika Gode, and Shubhangi Poddar, has launched DeepVerse, its centre for deeptech Innovation, bringing together investors, deeptech founders, policymakers, global technology companies, and academia to support the development of India’s deeptech ecosystem. DeepVerse will focus on policy, research and collaboration across 10 deeptech sectors, from semiconductors a
Furientis Raises $25M Seed Round
Furientis, manufacturing interceptor missiles engineered from day one for high-rate production, led by Brody Franzen and Aris Simsarian, has annouced $25M seed round, led by Benchmark Capital. Designing for Production at Scale. Furientis was founded in May 2025 around a central concern: while the U.S. produces some of the world’s most advanced defense technology, production capacity remains far below the scale required by modern threats. The debate around cost asymmetry, such
Anduril, U.S. Navy Invest $6.6 Billion to Expand America's Submarine Industrial Base
Arsenal-2 Will Expand Virginia-Class Submarine Production Capacity. Anduril has announced Arsenal-2, a new software-defined shipyard backed by a $3.7 billion private investment to manufacture critical Virginia-class submarine components and assemblies. The facility is part of a broader $6.6 billion effort, including a Navy contract worth up to $2.9 billion, aimed at expanding the U.S. submarine industrial base and increasing production capacity. Arsenal-2 will manufacture lar
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Security
Hadrian Raises $40M to Tackle the AI Hacking Cyber Security Crisis
Hadrian, the agentic AI offensive security platform, led by Rogier Fischer, Maurice Clin, and Olivier Beg, has announced a $40 million funding round co-led by Forgepoint Capital International and SmartFin, with participation from existing investors HV Capital, Motive Partners, Picus Capital, and Oetker Ventures, bringing the total funding to $65M. The funding comes as AI reshapes offensive security. AI agents are increasingly capable of conducting cyberattacks with limited hu
Hadrian Raises $40M to Tackle the AI Hacking Cyber Security Crisis
Hadrian, the agentic AI offensive security platform, led by Rogier Fischer, Maurice Clin, and Olivier Beg, has announced a $40 million funding round co-led by Forgepoint Capital International and SmartFin, with participation from existing investors HV Capital, Motive Partners, Picus Capital, and Oetker Ventures, bringing the total funding to $65M. The funding comes as AI reshapes offensive security. AI agents are increasingly capable of conducting cyberattacks with limited hu
Reco Raises $55 Million in Additional Funding with Participation from AT&T Ventures
Reco, an AI agent security platform, led by Ofer Klein, Gal Nakash, Dr. Tal Shapira, and Bob Horn, has raised an additional $55 million, including a strategic investment from AT&T Ventures and support from new investors Forestay and Quadrille Capital. It brings Reco’s total funding to $140 million and will support expansion across sales, partnerships, channels, and customer support. The new capital follows growing adoption of AI agents across enterprise applications, collabor
How Raindrop is Protecting the World from AI Agent Failures
Raindrop, Sentry for AI Agents, led by Zubin Koticha, Ben Hylak, and Alexis Gauba, has announced its Series A and a brand new product called Raindrop Simulations. The company has raised a total of $50 million, led by CRV and researchers and executives at Anthropic, OpenAI, and Thinking Machines. Raindrop's goal is to protect the world from agent failures, big and small. Over the past year, Raindrop has expanded from a startup-focused tool to an enterprise platform trusted acr
Comp AI Raises $34M Series A to Build Agentic AI for Continuous Compliance and Cybersecurity
Comp AI, an AI-native compliance and security company helping businesses navigate an increasingly complex security landscape, led by Lewis Carhart, Claudio Fuentes, and Mariano Fuentes, has announced a $34 million Series A led by Roo Capital and Grand Ventures. The raise follows a period of rapid growth since the company’s January 2025 founding, with Comp AI achieving 15x ARR growth year-over-year and now serving more than 1,000 customers. The funding will accelerate the com
Exein Raises $270m at $1.7bn Valuation to Build the Security Layer for Physical AI
Exein, a global leader in embedded IoT cybersecurity, Gianni Cuozzo, Giovanni Alberto Falcione, Gerardo Gagliardo, and Gary Walshe, has raised $270 million in new funding at a $1.7 billion valuation, led by Headline, with participation from Sofina, Goldman Sachs, EIB Group through the European Tech Champions Initiative (ETCI), KfW Capital and T.Capital, plus existing investors Balderton, HV, Intrepid Growth Partners, 33N Ventures, Lakestar, Supernova Invest, Blue Cloud Ventur
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