MENLO TIMES

Revolv Space , redefining small satellite capabilities through reliable and affordable space mechanisms and power systems, led by Marco Sala, Michal Grendysz, Filippo Oggionni, and Aleksander Fiuk, has announced  the launch of MARA, its next-generation Solar Array Drive Assembly (SADA) for medium-sized platforms and constellations. MARA delivers up to 5.2 kW per unit, bridging the gap between basic body-mounted arrays and costly legacy SADAs with a fully integrated, reliable,

Kaaj AI , an agentic AI credit intelligence platform that simplifies small business lending, led by Utsav Shah and Shivi Sharma, has secured  $3.8 million in seed funding led by Kindred Ventures , with participation from Better Tomorrow Ventures , Karman Ventures , Pythia Ventures , Coughdrop Capital , and notable angels including Soups Ranjan (CEO, Sardine AI ), Rahul Ramesh (CCO   Brex ), Remy Carole (COO,  TreasuryPrime ), Sip Jiyane (CAO, Affirm ), Steven Ma (CEO, Pony Mo

Infinite Orbits , pushing the boundaries of in-orbit services with cutting-edge spacecraft driven by its own Rendez-Vous solution, an advanced Autonomous Vision-Based Navigation Solution, led by Adel Haddoud, Akshay Gulati, Manos Koumantakis, Marion Andrieux, Yasmin Hassan, and Jürgen Eisenbraun, has raised  a €40 million financing round from European Innovation Council Fund , along with Matterwave Ventures , Wind Capital , Balnord , IRDI , and Newfund Capital . This financin

Ursa Major , delivering mission-ready propulsion across missile defense, hypersonics, in-space mobility, and launch, led by Dan Jablonsky, Bill Nash, Brad Appel, and others, has closed  $100 million in its Series E funding round and received an additional $50 million in debt funding commitments. Investors include both new and long-term supporters of Ursa Major’s mission, including Eclipse , which led the round, and were joined by Woodline Partners , Principia Growth , XN, and

Emm , developer of the first smart menstrual cup with integrated biosensors, designed to unlock insights into your cycle, led by Jenny Button, Joss Hawkins, Kaylin Zeuske, Hatty Stubbs, and others, has secured $9 million (£6.8M) in an oversubscribed seed funding led by  Lunar Ventures , with additional participation from  the Labcorp Venture Fund ,  Tiny VC ,  BlueLion Global ,  Alumni Ventures  (investor in Oura & Levels), and a network of high-profile angels, including Amar

PowerLattice , the company reimagining power delivery for next-generation AI accelerators, led by Dr. Peng Zou, Gang Ren, and Sujith Dermal, has announced its emergence from stealth with $25 million in Series A funding jointly led by Playground Global  and Celesta Capital . The company’s power-delivery chiplet tightly couples power and compute, cutting total power needs by over 50% and effectively doubling performance. PowerLattice has raised $31 million to date. AI accelerat

Runlayer , making enterprise AI secure, compliant, and fully connected, led by Andy Berman, Tal Peretz, and Vitor Balocco, has secured  $11 million seed round from Khosla Ventures  and Felicis . Teams are increasingly wiring their preferred AI tools directly into production databases via MCP, just like thousands of others. But with more than 18,000 MCP servers in the wild, an estimated 10% are outright malicious, and most of the rest remain exploitable. Enterprises face a dan

Sofinnova Partners , a leading European life sciences venture capital firm based in Paris, London, and Milan, led by Antoine Papiernik , Henrijette Richter , Graziano Seghezzi , Anta Gkelou , Maina Bhaman , Karl Naegler , and others, has announced  the close of its latest flagship fund, Sofinnova Capital XI, at €650 million ($750 million), greatly exceeding its initial target. Sofinnova Capital XI will support a new wave of biopharma and medtech companies developing breakthro

AirOps , the only platform that takes you from insights to action to increase your brand's visibility in AI search, led by Alex Halliday  and Matt Hammel , has secured  $40 million in Series B funding led by Mike Duboe at Greylock . Information discovery has changed more in the past year than in the previous three decades, as billions now get direct answers from AI instead of clicking through search results. This shift is upending how brands are found and rendering traditiona

Parallel Web Systems , building the web infrastructure for AI, led by Parag Agrawal and Travers Nisbet, has secured $100 million Series A at a $740 million valuation co-led by Kleiner Perkins  and Index Ventures , with participation from Spark Capital  and support from existing investors Khosla Ventures , First Round Capital , and Terrain . Mamoon Hamid of Kleiner Perkins joins Vinod Khosla, Shardul Shah, and Josh Kopelman on the board. Two years ago, when the company was fou

Vendep Capital , a B2B SaaS VC in the Nordics and Baltics, led by Sakari Pihlava, Tanja Alanen, Jupe Arala, Sami Ahvenniemi, Taru Wahlroos, and others, has announced  a €80 million Fund IV. The fund has already reached its €80 million target, with fundraising open until April 2026. Since 2013, Vendep Capital has built one of the strongest SaaS track records in the Nordics, backing breakout companies such as AlphaSense , Hostaway , Leadfeeder , and Happeo . The new fund is str

Relixir , an inbound Engine for AI Search, led by Sean Dorje and Dennis Zax, has raised  $2 million in a seed round from Y Combinator , z21 Ventures , 468 Capital , DG Daiwa Ventures , Vijay Krishnan (Founder of Turing), and others. The funding will help Relixir scale its platform that enables brands to generate qualified leads through ChatGPT and other AI-powered search engines. Since its launch in early 2025, Relixir has generated over 10,000 inbound leads from AI search fo

Magic Patterns , an AI-powered design tool, led by Alex Danilowicz and Teddy Ni, has raised $6 million in Series A led by  Standard Capital , with participation from Y Combinator , Essence VC , Pioneer Fund , Twenty Two Ventures , and several angels. Over 1,500 product teams now use Magic Patterns to bring features to life through its AI design tool, serving both fast-growing startups and AI-native enterprises. Customers consistently highlight Magic Patterns’ speed and high-q

Aily Labs , a real-time enterprise decision intelligence platform for every employee, led by Bianca Anghelina, Kristina Walcker-Mayer, Bettina Vogel, Pau Ferrer Puig, and others, has secured  $80 million in funding, led by  FPV Ventures  with participation from existing investor  Insight Partners , J.P. Morgan , and other strategic investors. The funding will fuel Aily’s global expansion, strengthen its autonomous AI ecosystem, and deliver rapid, measurable impact for Fortune

Dotega , software for homeowners' associations that rethinks self-management, led by Niklas Mocker and Lina Albert, has raised €1.3 million in a pre-seed round from High-Tech Gründerfonds  (HTGF) and experienced proptech investors, including the founders of Casavi. Germany has around 10 million residential and commercial units under homeowners’ associations (WEGs), a market still largely offline. Dotega fills this gap with a scalable web platform that enables small associatio

Inversion Space , building autonomous, highly-maneuverable re-entry vehicles to deliver cargo and effects from space, led by Justin Fiaschetti, Austin Briggs, Jackson Kemper, III, Collin Corey, and others, has unveiled  the design of Arc, a spacecraft intended to deliver critical cargo from space to any point on Earth within an hour, landing on water, snow or soil with a precision of around 50 feet. The concept targets the defense sector, aligning with the U.S. military’s lon

Cambridge Photon Technology , transforming high-energy photons into silicon-optimised infrared light, led by Dr Claudio Marinelli, Prof. Akshay Rao, Adrian Watson, and others, has secured  £1,556,000, comprising £926,000 in equity investment from Cambridge Enterprise Ventures , Spectrum Impact , Tybourne Capital, Providence Investment Company, and SourceSquared and £630,000 Clean Energy and Climate Technologies grant from the UKRI Innovate UK  Investor Partnerships, enabled b

Avallon AI , AI agents for claims operations, led by Cornelius Schramm, Bryan Guin, Moritz Bartusch, and Leander Peter, has secured $4.6 million in seed funding, led by  Frontline Ventures  with participation from  Y Combinator ,  1984 ,  Liquid2 , and  Booom . With the seed round, Will Prendergast, Partner of Frontline Ventures, will become an Avallon Board Observer. The funding will fuel hiring and product expansion, evolving from category-specific solutions in Workers Comp

Giga AI , an AI agent platform for enterprise support, led by Varun Vummadi and Esha Manideep, has secured  $61 million led by Redpoint  with participation from Y Combinator  and Nexus . Founded in a college dorm, Giga evolved from LLM fine-tuning to redefining enterprise support with AI. Its technology now powers global companies like DoorDash through self-improving agents (60%→98% resolution), rapid deployment (<2 weeks), and ultra-low-latency voice across 99 languages. Gig

Reflex Aerospace , manufacturer of high-performance satellite platforms, led by Walter Ballheimer, Alexander Genzel, Felix Motzki, Dennis Moore, Cecile Schirmer, and Henrik Rutzky, has raised  €50 million Series A funding led by Human Element  together with Alpine Space Ventures ,  Bayern Kapital , and HTGF , as well as additional German and European investors. The round will accelerate the build and deployment of sovereign satellite constellations across Optical, SAR, SDA, a