MENLO TIMES

Verley , a French nutrition-focused ingredient company developing high-performance whey proteins through precision fermentation, led by Stéphane Mac Millan and Hélène Briand, has raised an oversubscribed $38 million Series A financing round from new investors, including Alven  leading the round, Blast, and the French Tech Seed fund managed on behalf of the French government by Bpifrance as part of France 2030, and historical investors Sofinnova , Sparkfood , Captech, and Foun

BeyondMath , offering the world's first foundational AI model of physics, led by Alan Patterson, Darren Garvey, Wasil Rezk, David Sharp, and Dan Horner, has closed  a $10 million Seed extension led by Cambridge Innovation Capital , alongside existing investors including UP.Partners , Insight Partners , and InMotion Ventures . This closes the Seed Round at $18.5 million.  Engineering and industrial companies face mounting pressure to design increasingly complex systems with gr

Secfix , the all-in-one security compliance platform for Europe, led by Fabiola Munguia, Grigory Emelianov, and Branko Džakula, has raised  $12 million Series A led by  Alstin Capital , with participation from  Bayern Kapital  and continued backing from existing investor  Neosfer . The new funding is set to accelerate European expansion and strengthen capabilities. Over the next 12 months, priorities include advancing AI-native features, scaling the automation and CISO-as-a-S

Sceye , an aerospace company with a background in material science leading the industry of high-altitude platform systems (HAPS), led by Mikkel Vestergaard Frandsen and the team, has unveiled  a first-of-its-kind custom-built antenna, SceyeCELL, designed to bring high-speed connectivity at scale from the stratosphere.  Described as a “cell tower in the sky,” Sceye’s SceyeCELL combines satellite-grade precision with the flexibility of cellular networks, creating a new class of

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

Basis , building the next era of accounting with agentic AI, led by Matt Harpe, Mitchell Troyanovsky, and the team, has raised  $100 million led by Accel  alongside GV  (Google Ventures). Basis was founded on the belief that AI agents will soon become central to knowledge work, with accounting emerging as one of the first and most critical domains. Structured, high-stakes, and essential to every business, accounting remains one of the most underbuilt areas in technology. Thre

Sophia Space , building orbital compute and data centers, solar powered, space-cooled, AI-ready, led by Rob DeMillo, Dr. Leon Alkalai, Brian Monnin, and Jim Chase, has raised  a $10 million seed round, led by Alpha Funds , KDDI Green Partners Fund , and Unlock Venture Partners .   Founded by former NASA/JPL Fellow Leon Alkalai, Sophia Space is redefining in-orbit computing with a scalable, space-native thermal management approach. Its technology is built for the extreme therm

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

The Hashgraph Group , a pioneering Swiss-based Web3 technology company operating exclusively within the Hedera Hashgraph ecosystem, led by  Stefan Deiss  and the team, has announced the launch of  TrackTrace , deployed as a fully managed enterprise-grade solution that transforms and enhances global supply chain transparency through real-time tracking of products from origin, ethical sourcing, and carbon emissions data. TrackTrace certifies product authenticity and creates imm

Hypercore , the company on a mission to modernize loan administration, led by Daniel Liechtenstein, David Yahalomi, Tomer Moshe, and Eitan Frailich, has announced  $13.5 million in Series A funding led by Insight Partners. The investment will support the launch of Hypercore’s AI Admin Agent, introducing a new category of loan servicing that integrates established loan management technology with AI agents to provide end-to-end operational infrastructure for private credit fund

Remondo , offering high-res satellite imagery from low-cost nanosatellites, providing sharper intelligence, led by Ido Priel, Oren Berger, and the team, has debuted  a new class of space-based imaging technology during  DGI 2026 , the premier conference for Geospatial Intelligence for Defense and Security for GEOINT leaders. The solution delivers sub-30 centimeter resolution from low-cost microsatellites in Lower Earth Orbit (LEO), without the expense and complexity of tradit

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

Rapidata , a company that accelerates AI development through scalable, on-demand data labeling via digital ads, led by Jason Corkill , Luca Strebel , Marian Kannwischer , Mads Alber , and the team, has raised  an $8.5 million seed round co-led by Canaan Partners  and IA Ventures with participation from Acequia Capital  and BlueYard . Rapidata addresses a key AI bottleneck: the slow manual collection of human feedback used to train and improve models. Its platform provides fas

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

Cognee , AI Agents that adapt and learn from your feedback, led by Vasilije Markovic and the team, has raised  a $7.5 million seed round led by  Pebblebed , with participation from  42CAP  and  Vermilion Ventures , and angel investors from  Google DeepMind ,  n8n , and  Snowplow . Cognee was founded in 2024 in Berlin to address why AI agents forget context between sessions despite patched RAG pipelines and vector stores. Drawing on cognitive science and research from the Univ

Grotto AI , an AI that supercharges leasing teams in the moments that matter most, led by Nick Deveau and Ben Epstein, has raised  a $10 million seed round led by  ICONIQ . Advisors and angel investors also include industry veterans David Dear (BILT, formerly Equity Residential), Caren Maio (Co-founder, Get100 and Funnel Leasing), and Avi Dorfman (Co-founder, Compass), with participation from Asymmetric Capital Partners . While many industries attempt to replace frontline wor

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