MENLO TIMES

Photoncycle , the year-round solar energy system for heating and electricity for your home, led by Bjorn Brandtzaeg, Per Hjalmarsson, Sebastian Gutterød, Elina Koivisto, and Koray Abatay, has raised €15M in Series A funding led by NordicNinja  and Voima Ventures , Nordic's leading deep-tech and energy transition investors, with participation from existing investors Lifeline Ventures , Eviny Ventures , Luminar Ventures , and Momentum . The funds will support the commercial rol

Groundhawk , a Finnish infrastructure software technology company transforming how underground utilities are mapped and documented, led by Christoffer Winquist, Jonne Davidsson, Otto Virta, and the team, has raised  €2 million in seed funding led by investors Greencode Ventures  and 2C Ventures . The funding will accelerate Groundhawk’s expansion across European markets and advance its spatial intelligence platform, making underground infrastructure, including telecommunicati

ISPTech , pioneering a new era of space mobility, led by Dr.-Ing. Lukas Werling, Dr.-Ing. Felix Lauck, and the team, has  raised  €5.5M million to deploy its advanced, non-toxic propulsion solutions for operational space missions. The round was led by Join Capital , with participation from High-Tech Gründerfonds ( HTGF ), Faber, First Momentum Ventures , Lightfield Equity , Final Frontier Liftoff , The German Aerospace Center ( DLR ), and Start-up BW Seed Fonds , among others

Tamarind Bio , developing state-of-the-art molecular AI models usable out of the box, with no ML or infrastructure expertise required, so scientists can focus on drug discovery and research, led by Deniz Kavi and Sherry Liu, has announced  $13.6M fundraise, including a $12M series A led by Dimension Capital , with participation from Y Combinator . As AI becomes embedded in real drug discovery workflows, no longer confined to experimental projects, life sciences organizations

Clee Medical , a Swiss neurotechnology startup developing novel ultra-high-resolution real-time imaging for brain surgery, led by Matthew Lapinski, Abed Hammoud, Jules Scholler, and Gary Evans, has announced  the successful closing of its seed financing round led by High-Tech Gründerfonds ( HTGF ), with participation from Zürcher Kantonalbank ( ZKB ), Kickfund , FONGIT , and Venture Kick , with continued participation from their existing partner and investor, Wyss Geneva . Th

SolveAI , helping you build enterprise software through conversation, led by Steve Basher and the team, has raised a $45M Series A led by GV  and a previously unannounced $5M pre-seed round led by Accel . Northzone , Mantis VC , and Never Lift  also participated in the round, along with angel investors including Mike LoSapio, CISO of Palantir, Pushmeet Kohli, and Olivier Godement. The funding will support team growth, expand global enterprise partnerships, and enhance the pla

Profound , an optimization platform for AI and LLM search for brands, led by James Cadwallader and Dylan Babbs, has raised  a $96M Series C funding at a $1B valuation, led by  Lightspeed Venture Partners , alongside Sequoia Capital ,  Kleiner Perkins ,  Evantic ,  Saga Ventures , and  South Park Commons . Introducing Profound Agents Profound gives marketing teams AI-powered visibility into brand mentions, sentiment, and performance. Previously, turning insights into action re

MatX , building high-throughput chips for LLMs, led by Reiner Pope, Mike Gunter, Avinash Mani, and the team, has announced  MatX One and a $500M Series B led by Jane Street and  Situational Awareness LP . Participants include Spark Capital ,  Daniel Gross and  Nat Friedman ’s fund,  Patrick  and  John Collison ,  Triatomic Capital ,  Harpoon Ventures , Andrej Karpathy ,  Dwarkesh Patel , and others, including investors across the supply chain, including Alchip  and  Marvell

Frankenburg Technologies , redefining air-defence technology solutions for national defence and critical infrastructure, led by Kusti Salm, Andreas Bappert, Juhan Tenisson, and the team, has raised  €30 million in Series A funding, led by  Plural  and followed by  SmartCap . Founded in 2024 by serial deep-tech entrepreneurs Taavi Madiberk and Marko Virkebau, Frankenburg Technologies was established to address a structural shift in Europe’s security landscape: modern aerial th

Straion , building AI coding agents that follow your rules, led by Lukas Holzer, Katrin Freihofner, and Fabian Friedl, has raised   €1.1 million in seed funding led by Marathon Venture Capital . The company previously raised €280,000 in pre-seed support through government grants and the AWS startup program. As organizations increasingly adopt AI coding agents such as Claude Code, GitHub Copilot, and Cursor, Straion provides the critical layer of organizational context that en

VoiceLine , transforming the efficiency of field sales operations through cutting-edge voice collaboration and AI technology, led by Nicolas Höflinger, Sebastian Pinkas, and the team, has closed  a Series A funding round of €10 million led by Alstin Capital  and Peak Capital , with participation from existing investors Scalehouse Capital , Venture Stars , and NAP . With Series A funding, VoiceLine will scale its AI platform, expand internationally, and accelerate growth acros

IQM , a global leader in full-stack superconducting quantum computers (“IQM”, “IQM Quantum Computers” or the “Company”), led by Jan Goetz, and Real Asset Acquisition Corp. (Nasdaq: RAAQ), a special purpose acquisition company (“RAAQ”), have announced  they have entered into a definitive business combination agreement, which will result in IQM becoming a public company and listing American Depositary Shares on one of the two leading U.S. stock exchanges. The transaction delive

Hemi Health , specialists in headache, migraine, concussion, and whiplash, led by Benedicte Grytte Dahl, Sune K-Holm Nielsen, Anna Løfqvist, and Mathias Iversen, has raised €4 million in a seed funding round led by EIFO  and Swiss Health Ventures , with continued backing from Sondo Capital , Alliance Venture Capital , and Crowberry Capital . Hemi Health has treated more than 1,000 people in Denmark for migraine, headache, and concussion using a structured multidisciplinary mo

Heron Power , built for the grid ahead, led by Drew Baglino and the team, has announced  the closing of $140 million in Series B financing co-led by Andreessen Horowitz’s ( a16z ) American Dynamism Fund and Breakthrough Energy Ventures , with participation from existing investors  Capricorn Investment Group ,  Energy Impact Partners , Valor Atreides AI Fund, and  Gigascale Capital . With the new financing, Heron Power will build a 40-gigawatt automated U.S. manufacturing faci

Stacks , helping reinvent the financial close, led by Albert Malikov  and the team, has raised  $23M Series A led by Lightspeed , with EQT Ventures , General Catalyst , and S16VC  doubling down. The round comes less than a year after Stacks’ $12 million seed financing led by General Catalyst, underscoring the company’s rapid traction and momentum. Finance is becoming the next major enterprise function to be rebuilt with AI, following multibillion-dollar transformations in cus

Unicity Labs , building Agentic marketplaces for machine-speed commerce, led by Mike Gault and the team, has raised $3 million in seed funding led by Blockchange Ventures, with participation from Tawasal Al Kaleej , a Middle East-based communications super app, and Outlier Ventures , a leading Web3 early-stage investor. The funding aligns with the emergence of AI agents as economic participants, with the global agentic AI market projected to exceed $100 billion by 2032. Unici

Temporal , revolutionizing backend software engineering, led by Samar Abbas and Maxim Fateev, has raised  a $300M Series D at a $5B post-money valuation, led by Andreessen Horowitz , with participation from Lightspeed Venture Partners , Sapphire Ventures , Sequoia Capital , Index , Tiger, GIC , Madrona , and Amplify. Raghu Raghuram  joins as a board observer. AI and other long-running processes expose the limits of traditional backends. Durable Execution preserves state, reco

Koyeb , a high-performance serverless infrastructure for intensive workloads, led by Yann Léger, Edouard Bonlieu, Bastien Chatelard, and the team, has entered  into a definitive agreement to join  Mistral AI  to advance cutting-edge AI infrastructure. Koyeb will bring its platform, technology, and team to accelerate  Mistral Compute  offering. Compute is designed to provide leading teams across the globe with the same state-of-the-art infrastructure Mistral AI uses to build,

Mesh Optical Technologies , developing the most efficient and reliable optical interconnect ever for hyperscale computing, led by Travis Brashears, Cameron Ramos, and Serena Grown-Haeberli, has raised  over $50 million led by Thrive Capital  and other major investors. Optical photons represent the most efficient medium for data transfer in physics, and a truly next-generation computing and communications infrastructure depends on scaling optical system manufacturing. Today, m

ScyAI , building AI-powered risk intelligence for companies with large real asset portfolios, led by Bernhard Rannegger and Alex Sidorenko, has raised a €2 million pre-seed round from AENU  and PT1 . The round also attracted unicorn founders, including David Helgason (Unity), Maex Ament and Philip Stehlik (Taulia, Centrifuge), alongside the angel investor alliance Better Ventures .  For manufacturers, energy producers, and companies with large physical asset portfolios, clima