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Isar Aerospace Secures EUR 270 Million to Provide Sovereign Space Capabilities Globally
Isar Aerospace, developing next-generation rockets for sustainable access to space for small and medium satellites and satellite constellations, led by Daniel Metzler, Josef Fleischmann, and Stella Guillen, has signed a EUR 270m Series D round to expand operations worldwide and provide sovereign space capabilities for Europe, NATO, and allies. The round is backed by new investors Island Green Capital and Molten Ventures, with strong participation from existing investors HV Ca
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Isar Aerospace Secures EUR 270 Million to Provide Sovereign Space Capabilities Globally
Isar Aerospace, developing next-generation rockets for sustainable access to space for small and medium satellites and satellite constellations, led by Daniel Metzler, Josef Fleischmann, and Stella Guillen, has signed a EUR 270m Series D round to expand operations worldwide and provide sovereign space capabilities for Europe, NATO, and allies. The round is backed by new investors Island Green Capital and Molten Ventures, with strong participation from existing investors HV Ca
4 minutes ago
ICEYE Leads a New Era of Sovereign Intelligence from Space with €1B Funding Round
ICEYE, building actionable intelligence for resilience, readiness & response, led by Rafal Modrzewski, Pekka Laurila, and Eric Jensen, has raised EUR 450 million (USD 520 million) in a primary Series F funding round led by General Atlantic, at a valuation of over EUR 10 billion (USD 12 billion). Additional investors include Solidium, Tesi, Varma, Ilmarinen, Lifeline Ventures, as well as Nokia from Finland, Qatar Investment Authority (QIA), and TCV. Together with a secondary p
2 hours ago
Skyfora Raises €6.5 Million to Turn Telecom Networks into Real-Time Weather Sensors for AI Forecasting
Skyfora, building hyper-local weather intelligence, led by Fredrik Borgström, Kim Kaisti, Jostein Mælan, Marja Mattila, and Christoffer von Schantz, has raised €6.5 million. The round includes equity participation from Eviny Ventures, Ugly Duckling Ventures, Lumo Labs, and the European Innovation Council (EIC) Fund, alongside non-dilutive funding from Business Finland. Rising Demand For Weather Intelligence. The funding comes as demand for high-resolution weather data continu
4 hours ago
Pitchdrive Closes Oversubscribed €60 Million Fund IV to Back Europe's AI-Native Founders
Pitchdrive, backing the boldest founders and build alongside them from day one, led by Boris Bogaert, Koen Christiaens, Wim Derkinderen, Jonas Dhaenens, Lorenz Bogaert, and the team, has announced the closing of its fourth fund at €60 million, strengthening its commitment to the Co-founder Capital model. Fund IV is fully privately backed, with no government or institutional money, unusual for a European fund of this size. Strong Investor Demand. The fund attracted significant
5 hours ago
Sakana AI has Introduced Recursive Self- Improvement (RSI) Lab
Sakana AI, building frontier AI in Japan, led by David Ha, Llion Jones, and Ren Ito, has announced the formal establishment of the Sakana AI RSI Lab, a dedicated research group within Sakana AI, tasked with redesigning the AI development process itself with AI. Building The Next Generation Of Self-Improving AI. Sakana AI believes the future of AI will be driven not by ever-larger monolithic models, but by adaptive systems capable of continuously improving themselves. Drawing
6 hours ago
AI & Robotics
Sakana AI has Introduced Recursive Self- Improvement (RSI) Lab
Sakana AI, building frontier AI in Japan, led by David Ha, Llion Jones, and Ren Ito, has announced the formal establishment of the Sakana AI RSI Lab, a dedicated research group within Sakana AI, tasked with redesigning the AI development process itself with AI. Building The Next Generation Of Self-Improving AI. Sakana AI believes the future of AI will be driven not by ever-larger monolithic models, but by adaptive systems capable of continuously improving themselves. Drawing
6 hours ago3 min read
Sakana AI has Introduced Recursive Self- Improvement (RSI) Lab
Sakana AI, building frontier AI in Japan, led by David Ha, Llion Jones, and Ren Ito, has announced the formal establishment of the Sakana AI RSI Lab, a dedicated research group within Sakana AI, tasked with redesigning the AI development process itself with AI. Building The Next Generation Of Self-Improving AI. Sakana AI believes the future of AI will be driven not by ever-larger monolithic models, but by adaptive systems capable of continuously improving themselves. Drawing
PhysicsX is Accelerating Physics AI for Industrial Engineering with New Series C Funding
PhysicsX, a physical AI company on a mission to accelerate innovation and overhaul what engineering and manufacturing look like today, led by Robin Tuluie, Jacomo Corbo, and Nicolas Haag, has announced an oversubscribed $300 million Series C financing at a valuation of approximately $2.4 billion. The round is led by Temasek, with participation from new investors M&G Investments and Intrepid Growth Partners, alongside existing investors including Applied Materials, Atomico, Ge
Building Lumen Sovereign: Cosine Forms Coalition with UK Industry Leaders
Cosine, the coding agent built for engineers with taste, led by Alistair Pullen, Sam Stenner, Yang Li, and the team, has announced the formation of a landmark industry coalition to co-design Lumen Sovereign, Britain’s first fully sovereign frontier AI model. Building Sovereign AI Infrastructure for the UK. With support from major UK institutions including BAE Systems, Babcock International Group, BT, Lloyds Banking Group, LSEG, NatWest Group, PwC, Telefónica Tech UK&I, Thales
Apoha Emerges from Stealth with $36M to Build Liquid State Intelligence - Teaching Machines to Feel, Taste, Smell, and Understand How Matter Behaves
Apoha, the frontier-tech company pioneering Liquid State Intelligence, a new data layer that reveals how matter, formulations, and materials behave, led by Shamit Shrivastava and Anshika Srivastava, emerges from stealth today with $36M in funding, led by Singular, with participation from Tim Draper’s Draper Associates and continued backing from seed investors Redalpine, Seedcamp, Wilbe and Nucleus, alongside grant funding from Innovate UK, the UK’s national innovation agency.
Coralogix Raises $200M to Scale the Observability Backbone for the Age of AI
Coralogix, an AI-native platform and a data lake built for observability, led by Ariel Assaraf, Yoni Farin, and the team, has raised $200 million in Series F funding, co-led by Advent, CPPIB, and Greenfield, with participation from Brighton Park Capital, bringing total funding in Coralogix to $550M. Investors See Observability Becoming a Strategic Intelligence Layer. According to Alek Ferro, the rise of AI is transforming observability from a technical monitoring function int
Town Raises $55M Series A to Build the AI Assistant That Works for Everyone
Town, building tools that make it easy for anyone to create and use software in their everyday work, led by Tony Vincent and Jean-Denis Greze, has raised a $55 million Series A led by a16z, with participation from Forerunner Ventures, First Round, Alt Capital, and Conviction. AI’s Impact Has Yet to Reach Most Daily Workflows. AI is transforming industries, reshaping products, and accelerating innovation across the economy. Yet for many people, the realities of daily work rema
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Fintech
Gradient Labs Raises $26 Million to Build Specialist AI Agents for Finance
Gradient Labs, building AI for customer operations in finance, led by Dimitri Masin, Danai Antoniou, and 🚀 Neal Lathia, has announced an increased Series A of $26 million, led by new investors Octopus Ventures and CommerzVentures, with follow-on backing from Redpoint Ventures and Exceptional Capital. This funding will help build the foundation for autonomous banking that drastically improves the experience of bank operators and the customers they serve. Reimagining How Banks
Gradient Labs Raises $26 Million to Build Specialist AI Agents for Finance
Gradient Labs, building AI for customer operations in finance, led by Dimitri Masin, Danai Antoniou, and 🚀 Neal Lathia, has announced an increased Series A of $26 million, led by new investors Octopus Ventures and CommerzVentures, with follow-on backing from Redpoint Ventures and Exceptional Capital. This funding will help build the foundation for autonomous banking that drastically improves the experience of bank operators and the customers they serve. Reimagining How Banks
Jun 2
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
May 29
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
May 27
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,
May 25
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
May 25
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
Venture Capital
Gigascale Capital is Backing Founders Rebuilding the Physical Economy with a New $250 Million Fund
Gigascale Capital, backing early-stage companies rebuilding the physical economy for climate impact, led by Mike Schroepfer and the team, has announced Gigascale Capital Fund I, a $250 million fund to back founders rebuilding the physical economy for climate impact. Climate Impact Starts in the Physical Economy. Most global emissions originate from the physical economy, the energy systems, factories, supply chains, and infrastructure that produce, transport, and consume energ
Pitchdrive Closes Oversubscribed €60 Million Fund IV to Back Europe's AI-Native Founders
Pitchdrive, backing the boldest founders and build alongside them from day one, led by Boris Bogaert, Koen Christiaens, Wim Derkinderen, Jonas Dhaenens, Lorenz Bogaert, and the team, has announced the closing of its fourth fund at €60 million, strengthening its commitment to the Co-founder Capital model. Fund IV is fully privately backed, with no government or institutional money, unusual for a European fund of this size. Strong Investor Demand. The fund attracted significant
5 hours ago
Gigascale Capital is Backing Founders Rebuilding the Physical Economy with a New $250 Million Fund
Gigascale Capital, backing early-stage companies rebuilding the physical economy for climate impact, led by Mike Schroepfer and the team, has announced Gigascale Capital Fund I, a $250 million fund to back founders rebuilding the physical economy for climate impact. Climate Impact Starts in the Physical Economy. Most global emissions originate from the physical economy, the energy systems, factories, supply chains, and infrastructure that produce, transport, and consume energ
Jun 2
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
Deep Tech
Isar Aerospace Secures EUR 270 Million to Provide Sovereign Space Capabilities Globally
Isar Aerospace, developing next-generation rockets for sustainable access to space for small and medium satellites and satellite constellations, led by Daniel Metzler, Josef Fleischmann, and Stella Guillen, has signed a EUR 270m Series D round to expand operations worldwide and provide sovereign space capabilities for Europe, NATO, and allies. The round is backed by new investors Island Green Capital and Molten Ventures, with strong participation from existing investors HV Ca
Isar Aerospace Secures EUR 270 Million to Provide Sovereign Space Capabilities Globally
Isar Aerospace, developing next-generation rockets for sustainable access to space for small and medium satellites and satellite constellations, led by Daniel Metzler, Josef Fleischmann, and Stella Guillen, has signed a EUR 270m Series D round to expand operations worldwide and provide sovereign space capabilities for Europe, NATO, and allies. The round is backed by new investors Island Green Capital and Molten Ventures, with strong participation from existing investors HV Ca
ICEYE Leads a New Era of Sovereign Intelligence from Space with €1B Funding Round
ICEYE, building actionable intelligence for resilience, readiness & response, led by Rafal Modrzewski, Pekka Laurila, and Eric Jensen, has raised EUR 450 million (USD 520 million) in a primary Series F funding round led by General Atlantic, at a valuation of over EUR 10 billion (USD 12 billion). Additional investors include Solidium, Tesi, Varma, Ilmarinen, Lifeline Ventures, as well as Nokia from Finland, Qatar Investment Authority (QIA), and TCV. Together with a secondary p
Skyfora Raises €6.5 Million to Turn Telecom Networks into Real-Time Weather Sensors for AI Forecasting
Skyfora, building hyper-local weather intelligence, led by Fredrik Borgström, Kim Kaisti, Jostein Mælan, Marja Mattila, and Christoffer von Schantz, has raised €6.5 million. The round includes equity participation from Eviny Ventures, Ugly Duckling Ventures, Lumo Labs, and the European Innovation Council (EIC) Fund, alongside non-dilutive funding from Business Finland. Rising Demand For Weather Intelligence. The funding comes as demand for high-resolution weather data continu
Juno Propulsion is Advancing the First On-Orbit Demonstration of RDC-Powered Spacecraft Propulsion
Juno Propulsion, building the next-generation rocket propulsion with rotating detonation combustion, led by Alexis Harroun and Ari Martinez, has announced the successful close of a $1.4 million pre-seed financing round led by SOSV, with participation from Hypernova Fund, Leslie Ventures, Activate, Collaborative Fund, Safar Partners, and Cape Fear Ventures. The funding will accelerate development and flight qualification of Project IRIS, Juno’s rotating detonation combustion (
PhysicsX is Accelerating Physics AI for Industrial Engineering with New Series C Funding
PhysicsX, a physical AI company on a mission to accelerate innovation and overhaul what engineering and manufacturing look like today, led by Robin Tuluie, Jacomo Corbo, and Nicolas Haag, has announced an oversubscribed $300 million Series C financing at a valuation of approximately $2.4 billion. The round is led by Temasek, with participation from new investors M&G Investments and Intrepid Growth Partners, alongside existing investors including Applied Materials, Atomico, Ge
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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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