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Form Energy Secures $750M in Series G Financing to Scale Iron-Air Battery Manufacturing and Accelerate Commercial Deployments
Form Energy, an American technology company developing and commercializing a new class of cost-effective, multi-day energy storage systems led by Mateo Jaramillo and the team, has announced a $750 million Series G financing round led by T. Rowe Price, which also led the company’s prior Series F round. This round brings Form Energy’s total equity raised to date to over $2 billion. New investors joining the Series G include Sequoia Capital, Janus Henderson, Franklin Templeton,
4 hours ago
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Heaviside Industries Announces Nammo Partnership, $60 Million Series B
Heaviside Industries, a builder of multi-domain precision munitions platforms, announced a strategic partnership with Nammo, a global leader in ammunition, alongside a $60 million Series B financing. Felicis led the round with significant participation from Hedosophia and additional participation from Menlo Ventures, Cantos, Flume Ventures, Qstar Capital, Friends & Family Capital, Anorak Ventures, MVP Ventures, and others. Raised three months after the company emerged from st
10 minutes ago
Mindgard Raises $30M Series A
Mindgard, the leader in AI security led by James Brear, Dr. Peter Garraghan, and the team, has raised a $30 million Series A financing led by Album VC with participation from Karma Ventures and existing investors .406 Ventures, Atlantic Bridge, IQ Capital, and Lakestar. Mindgard plans to use the funding to scale the company across product, engineering, sales, and marketing in response to significant customer demand. Mindgard combines AI security research with offensive securi
33 minutes ago
Reservoir Raises $8M to Expand Predictive Water Heating Beyond Boston
Reservoir, the world's first predictive water heater, has raised an $8 million seed round, led by Asymmetric Capital Partners, and joined by Founder Collective, which led the pre-seed round in 2024, and MCJ. Reservoir is focused on making home electrification easier and more affordable, starting with residential hot water. The company has installed its smart, high-efficiency water heaters in nearly 100 homes across the Boston area and plans to expand into additional homes and
56 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) Cerenovus: Founded by Jonathan Waldorf, Cerenovus is a knowledge company. Know More At: cerenovus.ai 2) Tenor: Founded by Amgad Al-Zamkan, Hamze Al-Zamkan, and Muhtasham Oblokulov, Tenor builds AI workers that attribute the outcome back to the token spend. Know More At: heytenor.com 3) Lumeria: Founded by Maryanne Alhallak and Anthea Guo, Lumeria is an
3 hours ago
Form Energy Secures $750M in Series G Financing to Scale Iron-Air Battery Manufacturing and Accelerate Commercial Deployments
Form Energy, an American technology company developing and commercializing a new class of cost-effective, multi-day energy storage systems led by Mateo Jaramillo and the team, has announced a $750 million Series G financing round led by T. Rowe Price, which also led the company’s prior Series F round. This round brings Form Energy’s total equity raised to date to over $2 billion. New investors joining the Series G include Sequoia Capital, Janus Henderson, Franklin Templeton,
4 hours ago
AI & Robotics
Blacksmith Announces Series B led by Peak XV Partners
Blacksmith, the fastest way to run your GitHub Actions, led by Aditya (JP) Jayaprakash, Aayush Shah, and Aditya Maru, has raised a $45M Series B led by Peak XV, with existing investors YC and GV tripling down. The round valued Blacksmith at $550M. The release of Claude Opus 4.5 in December significantly changed how developers write software. Since the start of the year, CI jobs on Blacksmith have grown 5–10% week over week as AI coding tools drive more code generation. As cod
4 hours ago2 min read
Blacksmith Announces Series B led by Peak XV Partners
Blacksmith, the fastest way to run your GitHub Actions, led by Aditya (JP) Jayaprakash, Aayush Shah, and Aditya Maru, has raised a $45M Series B led by Peak XV, with existing investors YC and GV tripling down. The round valued Blacksmith at $550M. The release of Claude Opus 4.5 in December significantly changed how developers write software. Since the start of the year, CI jobs on Blacksmith have grown 5–10% week over week as AI coding tools drive more code generation. As cod
FriskAI Launches the Runtime Intelligence Platform for AI Agents, Announces $3.6 Million Pre-Seed Funding Round
FriskAI, the runtime intelligence platform for AI agents, led by Neel Palrecha and the team, has announced its official launch and a $3.6 million pre-seed funding round led by MaC Venture Capital, with participation from Wischoff Ventures, NEA partner Rick Yang, and a group of strategic angel investors. FriskAI sits between AI agents and the tools they use, capturing every action taken by an agent. The platform gives organizations visibility into agent behavior, enabling team
Axle Announces $17.5M Series A Led by Base10
Axle, building AI agents to automate insurance workflows led by Cameron Duncan, Nihar Parikh, and Armaan Sikand, has announced $17.5M in Series A funding led by Base10 Partners, with continued investment from Y Combinator and Gradient Ventures, and participation from Stage2 Capital, Chris Bayley (Co-Founder and CEO of Cover Genius), and other industry angel investors, joined by existing investors, including the early team at Plaid. Over the past six months, Axle has tripled t
River AI Raises $1.1B in Funding Across Series Seed and Series A
River AI, building a new stack for personal AI led by Igor Babuschkin and the team, has announced $1.1 billion in funding across Series Seed and Series A, led by General Catalyst and AMP PBC, with strategic investment from NVIDIA and AMD Ventures and participation from Y Combinator and Temasek. The round accelerates the development of powerful personal AI that understands users and works on their behalf, while putting ownership of that intelligence in the hands of the people
Discovered Materials has Announced its Launch with a $9M Seed Round
Discovered Materials, building AI agents that discover new materials for semiconductor chips, led by Advaith Sridhar and Akash Ramdas, has raised a $9M seed round led by Lightspeed, with participation from Y Combinator and Peak XV, and angels like Paul Graham, Gokul Rajaram and Thariq Shihipar. Intelligence Has a Heat Problem. AI chips face a growing thermal challenge. Modern GPUs can generate heat fluxes of around 140 W/cm², exceeding the heat experienced by a space shuttle
Lumilens Emerges from Stealth with More Than $900 Million in Funding to Break AI’s Connectivity Constraint
Lumilens, the connectivity platform for AI infrastructure led by Ankur Singla, Ritesh Kapahi, Samuel Liu, Dave Friedman, Ted Schmidt, and the team, has emerged from stealth, having been founded to solve the growing networking bottlenecks limiting AI scale. In just two years after its founding, the company is commercially shipping its first product into production AI data centers under a multi-billion-dollar customer agreement, and announced more than $700 million in new fundi
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Fintech
Axle Announces $17.5M Series A Led by Base10
Axle, building AI agents to automate insurance workflows led by Cameron Duncan, Nihar Parikh, and Armaan Sikand, has announced $17.5M in Series A funding led by Base10 Partners, with continued investment from Y Combinator and Gradient Ventures, and participation from Stage2 Capital, Chris Bayley (Co-Founder and CEO of Cover Genius), and other industry angel investors, joined by existing investors, including the early team at Plaid. Over the past six months, Axle has tripled t
Axle Announces $17.5M Series A Led by Base10
Axle, building AI agents to automate insurance workflows led by Cameron Duncan, Nihar Parikh, and Armaan Sikand, has announced $17.5M in Series A funding led by Base10 Partners, with continued investment from Y Combinator and Gradient Ventures, and participation from Stage2 Capital, Chris Bayley (Co-Founder and CEO of Cover Genius), and other industry angel investors, joined by existing investors, including the early team at Plaid. Over the past six months, Axle has tripled t
1 day ago
River Markets Announces $8.5M Seed Round
River Markets, building prime brokerage for prediction markets, led by Oscar Levy and Antonin Parrot, has announced $8.5M seed round led by Haun Ventures, with participation from Y Combinator, Coinbase Ventures, UFO Holdings, Qube Research & Technologies (QRT), TENET, Humbition, Kima Ventures, Cherry Ventures, Stack Asset Management, Perpetual Strategies, Mark Kornfilt, Jacob Fortinsky (Novig), and other amazing angel investors from Citadel, Google, HRT, Tower Research Capita
2 days ago
Ellis Emerges from Stealth with More than $10 Million to Build the AI-Native Operating Foundation for Private Credit
Ellis, the AI-native operations platform for private credit, led by Ryan Williams, has launched today with more than $10 million in seed funding closed. First Round Capital led the financing with participation from a group of prominent operators and investors, including Kearny Jackson, 645 Ventures, Harlem Capital, Khosla Ventures, Slow Ventures, Wilshire Lane, Westbound, Collide Capital, Gallery Ventures, Ariel Alternatives CEO Mellody Hobson, Thrive Capital Founder Josh Kus
Aug 1
Natural is Building Payments Infrastructure for AI Agents
Natural, powering agentic payments, led by Kahlil Lalji, Eric Wang, and Walt Leung, has raised a $30M Series A led by Kirsten Green at Forerunner, with continued participation by all major investors. The round was raised when the company was 193 days old and brings Natural’s total funding to over $40M. The round was supported by Human Capital, Abstract, Genius Ventures, Torch Capital, Restive, SV Angel, Darragh Buckley (CEO of Increase), Pablo Palafox (CEO of HappyRobot), Pau
Jul 21
Halo Fund Leads $70M Investment to Accelerate the Launch of Flex Global
Flex, the financial home for business owners globally, led by Zaid Rahman and the team, has announced a $70 million Series B1, led by Ryan Smith and Ryan Sweeney’s Halo Fund with participation from Portage Ventures, Wellington, Crosslink Capital, 53 Stations, Titanium Ventures, Spice, Florida Funders, and others. The round comes just months after the company's $60 million Series B in December 2025. Annualized revenue increased 3x since then as Flex accelerated private banking
Jul 15
Halo Fund Leads $70M Investment to Accelerate the Launch of Flex Global
Flex, the financial home for business owners globally, led by Zaid Rahman and the team, has announced a $70 million Series B1, led by Ryan Smith and Ryan Sweeney’s Halo Fund with participation from Portage Ventures, Wellington, Crosslink Capital, 53 Stations, Titanium Ventures, Spice, Florida Funders, and others. The round comes just months after the company's $60 million Series B in December 2025. Annualized revenue increased 3x since then as Flex accelerated private banking
Jul 15
Venture Capital
South Park Commons Announces $575M Fund IV
South Park Commons, helping the world's most talented technologists discover and build their life's work, announced $575M Fund IV. Since 2016, the firm’s thesis has been that exceptional outcomes emerge when high talent density meets innate curiosity. Its approach focuses on identifying intensely curious builders, bringing them together at the earliest and often most isolating stage of the startup journey, and supporting them through the uncertainty of company building. The f
South Park Commons Announces $575M Fund IV
South Park Commons, helping the world's most talented technologists discover and build their life's work, announced $575M Fund IV. Since 2016, the firm’s thesis has been that exceptional outcomes emerge when high talent density meets innate curiosity. Its approach focuses on identifying intensely curious builders, bringing them together at the earliest and often most isolating stage of the startup journey, and supporting them through the uncertainty of company building. The f
Aug 6
Highland Europe Raises €1.1B Fund VI to Continue Backing Exceptional Founders at the Growth Stage
Highland Europe, a growth-stage specialist investor, has announced its sixth fund of €1.1B and promoted two new Partners, on the back of generating over €1 billion of liquidity in 2026. The firm will continue backing Europe’s next generation of technology leaders. Founded in 2012, Highland has raised €3.75 billion across six funds, backed more than 80 companies, and completed 30 exits. Notable outcomes include the $3 billion sale of Nexthink, Huel's agreed acquisition by Dano
Aug 1
SuperCharger Ventures Announces €10M Fund I to Back EdTech and Future-of-Work Startups
SuperCharger Ventures, the global ecosystem for EdTech startups led by Janos Barberis and the team, has announced the launch of Fund I. It will invest in EdTech and Future-of-Work companies worldwide, with a focus on pre-seed and seed-stage startups. Initial investments in selected startups will be up to €250,000, with follow-on funding ranging from €500,000 to €1.5 million. The fund is backed by family offices and high-net-worth investors, with 90% of first-close commitments
Jul 22
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
Jul 10
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
Jul 8
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
Jul 4
Deep Tech
Heaviside Industries Announces Nammo Partnership, $60 Million Series B
Heaviside Industries, a builder of multi-domain precision munitions platforms, announced a strategic partnership with Nammo, a global leader in ammunition, alongside a $60 million Series B financing. Felicis led the round with significant participation from Hedosophia and additional participation from Menlo Ventures, Cantos, Flume Ventures, Qstar Capital, Friends & Family Capital, Anorak Ventures, MVP Ventures, and others. Raised three months after the company emerged from st
Heaviside Industries Announces Nammo Partnership, $60 Million Series B
Heaviside Industries, a builder of multi-domain precision munitions platforms, announced a strategic partnership with Nammo, a global leader in ammunition, alongside a $60 million Series B financing. Felicis led the round with significant participation from Hedosophia and additional participation from Menlo Ventures, Cantos, Flume Ventures, Qstar Capital, Friends & Family Capital, Anorak Ventures, MVP Ventures, and others. Raised three months after the company emerged from st
Form Energy Secures $750M in Series G Financing to Scale Iron-Air Battery Manufacturing and Accelerate Commercial Deployments
Form Energy, an American technology company developing and commercializing a new class of cost-effective, multi-day energy storage systems led by Mateo Jaramillo and the team, has announced a $750 million Series G financing round led by T. Rowe Price, which also led the company’s prior Series F round. This round brings Form Energy’s total equity raised to date to over $2 billion. New investors joining the Series G include Sequoia Capital, Janus Henderson, Franklin Templeton,
Rocket Lab Unveils GHOST Deployable Launch System to Enable Responsive Space Missions Worldwide
Rocket Lab, a global leader in launch services and space systems, unveiled GHOST: a new globally deployable containerized launch system to enable suborbital and orbital launches from anywhere in the world. GHOST transforms Rocket Lab’s Electron and HASTE rockets into a mobile, launch-anywhere capability for multi-launch campaigns and national security missions. The system fits within standard shipping containers and includes rockets, launch infrastructure, ground support, an
Neros Technologies Raises $250M Series C at $2.5B Valuation to Scale Autonomous and Interceptor Drone Programs
Neros, building unmanned superiority at scale led by Soren Monroe-Anderson and Olaf Hichwa, has raised $250M Series C at a post-money valuation of $2.5B, co-led by Sequoia Capital and American Strategic Technology Fund (ASTF), with participation by Interlagos, Valor Equity Partners, Allen & Company, Thiel Capital, Spark Capital, and Dylan Field. The funding will accelerate production of Neros’ new drone programs, including Archer AI, an autonomous FPV platform, and Bandit, a
Cambridge Aerospace Announces $300M Series C Raise
Cambridge Aerospace, the air defence company led by Steven Barrett, Chris Sylvan, and Junaid Hussain, announced the closure of its Series C round with $300M dollars of investment at a $3.4B valuation, led by DFJ Growth and supported by Lux, Accel, Lakestar, Never Lift, Ora Global, and Elad Gil & Co. The financing will support Cambridge Aerospace’s continued growth by expanding manufacturing capacity to meet existing and new contracts, while advancing current products and deve
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Security
Mindgard Raises $30M Series A
Mindgard, the leader in AI security led by James Brear, Dr. Peter Garraghan, and the team, has raised a $30 million Series A financing led by Album VC with participation from Karma Ventures and existing investors .406 Ventures, Atlantic Bridge, IQ Capital, and Lakestar. Mindgard plans to use the funding to scale the company across product, engineering, sales, and marketing in response to significant customer demand. Mindgard combines AI security research with offensive securi
Mindgard Raises $30M Series A
Mindgard, the leader in AI security led by James Brear, Dr. Peter Garraghan, and the team, has raised a $30 million Series A financing led by Album VC with participation from Karma Ventures and existing investors .406 Ventures, Atlantic Bridge, IQ Capital, and Lakestar. Mindgard plans to use the funding to scale the company across product, engineering, sales, and marketing in response to significant customer demand. Mindgard combines AI security research with offensive securi
Cytix Raises $7M To Take On Cyber Risk Posed By AI-Driven Software Development
Cytix, the security decision layer for software change led by Ben Armstrong and Thomas Ballin, has raised $7M, led by Northern Gritstone, with participation from existing investors, Auriga Cyber Ventures and NPIF II – PXN Equity Finance, which is managed by PXN Ventures as part of the Northern Powerhouse Investment Fund II (NPIF II). The Challenge. Software change is becoming a growing security risk as AI-assisted development, agentic workflows, and continuous delivery outpac
Glow Announces Its Launch
Glow, the endpoint AI company led by Roi Tiger, Omer Singer, Ophir Arie, and the team, has announced its launch with $180M in funding, led by Sequoia Capital, Cyberstarts, Greenoaks, and Redpoint Ventures, with participation from Index Ventures, Swish Ventures, Holly Ventures, Operator Collective, and Lux Capital. Traditional endpoint security has long forced organizations to choose between reacting after threats emerge or restricting business operations to reduce risk. As AI
Neo Launches with $100M to Secure AI Software Across the Enterprise
Neo, building real-time protection for the agentic enterprise, led by Nicholas Warner, Shlomi Salem, and Eran Shirazi, has emerged from stealth with $100M in funding from Andreessen Horowitz and Bessemer Venture Partners, with participation from Craft Ventures and Merlin Ventures. Neo was founded by former executives and engineers from SentinelOne, Wiz and Palo Alto Networks. The company's platform provides security operations (SecOps) teams with inventory management, posture
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
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