MENLO TIMES

Factory , an AI-native software development platform, led by Matan Grinberg and Eno Reyes, has raised $150M Series C led by Khosla Ventures with participation from Sequoia Capital , Blackstone , Insight Partners , Evantic Capital , 20VC , NEA , and Mantis VC . This puts Factory's valuation at $1.5B and will accelerate investment in research, product, and global go-to-market. Factory was founded to bring autonomy to software engineering, with its “Droids” now used by hundre

Archangel , a laser communications company, led by Richard J. , Owain Pryce-Jones , Paul Davey , and Lucy Roberts , has raised £10 million of investment in a round led by Santander Alternative Investments , with participation from National Security Strategic Investment Fund (NSSIF) , Blackfinch Ventures , Oxford Capital , Lycka Limited, and Oxford Science Enterprises (OSE) . Archangel Lightworks is developing high-speed data infrastructure to connect space-based networks with

Glydways , redefining mass transit–affordable to build, profitable to run, and a joy to ride, led by Mark Seeger, Blake Barber, Zach Zeliff, and others, has announced its $170 million Series C fundraise. The round was co-led by Suzuki Motor Corporation , ACS Group , and Khosla Ventures with additional participation from existing investors Mitsui Chemicals and Gates Frontier, and new investor, Obayashi Corporation, a leading general contractor and developer. The oversubscrib

Peak Quantum , a Munich-based startup engineering the future of computing, led by Leon Koch & the team, has raised €2.2 million in a pre-seed financing round led by Cloudberry Ventures (UK)with participation from United Founders , QAI Ventures , Golden Egg Check , as well as several business angels with industry experience. The company’s total funding now exceeds €5 million, including public support such as funding from the EU Chips Act. The capital will be allocated toward

Kelluu , the Finnish deep tech company operating the world’s largest autonomous airship fleet, led by Janne Hietala, has raised €15 million in Series A funding led by the NATO Innovation Fund with participation from Keen Venture Partners , Gungnir Capital , and Tesi . This follows Kelluu’s successful completion of two phases of NATO’s DIANA (Defence Innovation Accelerator for the North Atlantic) program. Kelluu delivers 24/7 monitoring across vast areas using unmanned airs

AAKA Space , designing human-centric mission-ready habitats, led by Aastha Jhala and the team, in collaboration with MiCoB , provider of High-performance and customized Construction 3D Printing solutions, led by Shashank Shekhar and the team, has successfully designed and 3D-printed Asia’s first Martian Regolith Radiation Shield using Mars simulant materials. The structure will be tested in the world’s largest analog mission, marking India’s debut in global extraterrestrial

SiFive , the gold standard for RISC-V processor IP, led by Patrick Little, Krste Asanovic, Yunsup Lee, Andrew Waterman, and the team, has raised $400 million in an oversubscribed Series G financing led by Atreides Management with other A-list investors, including Apollo Global Management , NVIDIA , Point72 Turion, and T. Rowe Price Investment Management, Inc. , alongside repeat investors Prosperity7 Ventures , and Sutter Hill Ventures . For Patrick Little, rising demand fr

Pixel Photonics , a pioneer in superconducting single-photon detectors, led by Nicolai Walter, Dr. Wladick Hartmann, and the team, has announced total funding of €13.5 million. The amount consists of a first closing of a €5 million seed round and €8.5 million from the European Innovation Council (EIC) Accelerator , including €2.5 million in grants and €6 million in equity investment. The seed round is led by Futury Capital . Additional investors include the Federal Agency fo

Portal Space Systems , developing advanced spacecraft that redefine what’s possible in space, led by Jeff Thornburg and the team, has raised $50 million in Series A funding led by Geodesic Capital and Mach33 , with participation from Booz Allen Ventures , ARK Invest , AlleyCorp , and FUSE. The financing reflects a broader shift in the space ecosystem: while access to orbit has improved, on-orbit mobility remains constrained. As activity increases and missions grow more dyn

GitButler , a Git-backed change management tool for modern, AI coding workflows, led by Github co-founder Scott Chacon, has raised a $17M Series A led by a16z with continuing support from its lead seed investors, Fly Ventures and A Capital . Over the past 15 years, Git has evolved from a niche tool into the core infrastructure of modern software development. That journey highlights a key insight: developer platforms succeed when they reduce friction in collaboration and

Gracia AI , creating Gaussian splatting-based volumetric videos for XR and beyond, led by Georgii Vysotskii , Andrey Volodin , and the team, has enabled “ Expedition ULUM: The Jurassic Awakening ”, a family mixed-reality experience at PortAventura World, to reach a new level of its immersive experience by implementing a photorealistic digital human character, with a volumetric personage addition built using Gracia AI's 4D Gaussian Splatting (4DGS) technique, which reconstruc

Hermeus , building the world’s fastest aircraft, led by AJ Piplica and the team, has raised a $350M Series C financing led by Khosla Ventures and more than a dozen other investors. Aviation has increasingly prioritised risk avoidance, often at the cost of speed and iteration. In contrast, Hermeus focuses on accelerating learning through rapid development and testing. Within three years, multiple vehicles have been built across key locations, with two jets flown just nine mo

Manna Air Delivery , helping you get anything from the sky, led by Bobby Healy , Alan Hicks , and the team, has raised $50 million in Series B funding from ARK Invest , ISIF , and Schooner Capital , alongside continued backing from Coca-Cola HBC , Molten Ventures , and Enterprise Ireland . Manna began in 2019, when drone delivery was widely seen as a gimmick. Instead of limited demos, consistent real-world deployments were rolled out across multiple locations, delivering eve

Saronic Technologies , redefining maritime superiority, Dino Mavrookas, Rob Lehman, Vibhav Altekar, Doug Lambert, and the team, has closed $1.75 billion in Series D funding led by Kleiner Perkins and values the company at $9.25 billion. Saronic welcomes Advent International , Bessemer Venture Partners , DFJ Growth , BAM Elevate , and other new partners and recognizes the continued commitment of its existing investors, including 8VC , Caffeinated Capital , Andreessen

Nomadic , a startup building the spatial intelligence layer for physical AI, led by Mustafa Bal and Varun Krishnan, has announced $8.4M in funding led by TQ Ventures , with participation from Pear VC , Jeff Dean, and angels & executives from OpenAI, Google DeepMind. Nomadic serves as a visual data engine for robotics and autonomous vehicle teams, enabling continuous monitoring of real-world systems while generating production-ready training data and edge-case libraries. The p

INCIRT , the Aachen-based deep-tech company, led by Oner Hanay, Erkan Bayram, Mohamed Saeed Elsayed, Theodore Varelas, and the team, has raised a €4.8 million funding round led by early-stage VC fund Lifeline Ventures , with participation from High Tech Gründerfonds . With this funding, INCIRT advances toward commercializing its novel chip architecture, strengthening Europe’s push for digital sovereignty. New Chip Architecture Overcomes Key Limitations INCIRT is developing n

Sycamore , the trusted agent operating system for the enterprise, led by Sri Viswanath, has announced a $65 million seed round led by Coatue and Lightspeed Venture Partners , with additional participation from Abstract Ventures , Dell Technologies Capital , 8VC , Fellows Fund , and E14 Fund . AI agents are emerging as the next major platform shift in enterprise computing. While models can reason and act, enterprise infrastructure for safe, scalable deployment remains limite

Rebellions , a global leader in AI inference infrastructure, led by Sunghyun Park and the team, has raised $400 million in a pre-IPO funding round led by Mirae Asset Financial Group and the Korea National Growth Fund, following the company’s $250 million Series C in September 2025, bringing total funding to $850 million and valuing the company at approximately $2.34 billion. With $650 million raised in the past six months, accounting for over 75% of its total funding, Rebe

Conntour , the only AI video intelligence platform designed to adapt to real-world complexities in real-time, led by military and intelligence veterans, including Matan Goldner , Tomer Kulla , and the team, launched with $7 million in seed funding from General Catalyst , Y Combinator , SV Angel , and Liquid 2 Ventures , among others. Conntour enables security teams to query cameras using natural language, identifying objects, people, or situations without preset rules, for e

Dexory , uncovering intelligence through technology that empowers businesses to optimise, predict, and grow, led by Andrei Danescu, Adrian Negoita, Oana Jinga, and the team, has secured £8.5 million from British Business Bank as a part of its recent Series C extension, which was led by Eurazeo with participation from LTS Growth and Endeavor Catalyst , alongside existing investors Atomico , DTCP , Latitude Ventures , Lakestar , Elaia , Wave-X , and others. Dexory operates