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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
4 hours ago
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AI & Robotics
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
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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
Vocca Raises $20M Series A After Growing From 2,000 to 15,000 Practitioners in a Year
Vocca, the AI platform medical practitioners rely on to speak with their patients, led by Eliott Hoffenberg and Hugo Danet, has announced a $20 million Series A led by Norrsken VC, with participation from Heal Capital, Speedinvest and Firstminute Capital, and angel investors including the founders of Alan and Datadog. Total funding to date is $25 million. Vocca Leads with National Deployments as the Category Matures. Vocca’s AI phone assistant automates inbound calls for heal
SafeWorld Announces its Launch to Improve Robot Safety for the Next Billion Machines
SafeWorld, an AI lab building robot safety simulation technologies, led by Kyle Wong, Dr. Ding Zhao, and Simo Rachidi, emerged from stealth with $12.2M in seed funding co-led by Shine Capital and a16z Speedrun, along with Box Group, Carnegie Mellon University Endowment, Innovation Endeavors, SV Angel, and other leading VCs & angel investors. SafeWorld’s platform provides safety testing and simulation software to help enterprises evaluate and deploy robots safely and responsib
Risotto Launches Autonomous IT Engineer That Investigates, Resolves, and Automates Complex Employee Support Tasks
Risotto, the AI-native autonomous help desk, has announced the launch of its Autonomous IT Engineer. The new co-pilot can handle complex Tier-2 requests by investigating unfamiliar issues, analyzing logs, and executing fixes with human approval. It also turns successful resolutions into reusable workflows, reducing the need for repeated manual intervention. Automated IT’s Problem: Low Solve Rate for Most Edge Cases. Traditional IT automation typically handles basic Tier-1 r
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
How Foundry Management Plans to Build the Intelligent Industrial Age
Foundry Management, backing exceptional founders to build inside the industrial world, created by Atlas Holdings and A16Z, led by Arye Barnehama, has announced its launch. To the Founders Building in the Physical World. The opportunity is to build companies that change what the world can make, move, and power, putting technical expertise to work on tangible problems across industries people depend on. Artificial intelligence is opening new possibilities across factories, inf
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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
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 hours 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
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
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
Buntar Aerospace Secures $16 Million to Weaponise and Scale
Buntar Aerospace, a Ukrainian defense tech startup building autonomous combat systems, led by Ivan Kaunov, Bohdan Sas, and Kateryna Bezsudna, has locked in a $16 million investment round led by Freedom Fund and a top-tier international private equity fund, joined by Gardar, Iron Wolf, and Autonomy Capital, taking the company's total funding to $30 million. Buntar Aerospace deploys the Buntar-1 reconnaissance drone alongside Buntar Copilot, software designed to support drone o
Volantis Raises $88M Series A Funding
Volantis, a scalable solution to the memory bottleneck, enabling more than an order-of-magnitude increase in capacity and bandwidth, led by Tapa Ghosh and Roy Meade, has raised a Series A, led by Lachy Groom and Abstract, totalling $97M in funds raised to date, including from Sam Altman, Jeff Dean, Dylan Patel, John Doerr & others. Volantis is developing an optical interconnect technology designed to enable models with over 10 trillion parameters to run at speeds of up to 10,
Satlyt Raises $8M to Run AI on Satellites
Satylt, the above cloud service provider, led by Rama Afullo, Nelson Psenjen, and the team, has raised an $8 million seed round. The Kenyan-American engineer previously worked in Google’s cloud computing business and briefly joined SpaceX’s Starlink team in 2024, where he saw untapped potential for computing in space. He later co-founded Satlyt, headquartered in Sunnyvale and Nairobi, to build software that enables satellites to share large computing workloads. The company ha
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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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