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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
Karan Bhatia
5 days ago2 min read


KKR Backs Fresha in Unicorn-Making Deal
Fresha, a platform to book local self-care services, led by William Zeqiri, Nick Miller, and the team, has announced an $80 million primary growth investment from funds managed by KKR, a leading global investment firm. The transaction values Fresha at over $1 billion, marking a defining milestone in its mission to transform how self-care businesses operate globally. Fresha has entered a new growth chapter with an $80 million funding round led by KKR, pushing the company beyon
Karan Bhatia
5 days ago2 min read


Pivot Raises $40 Million Series B to Replace Legacy Procurement Software with an Enterprise AI Operating System
Pivot, the AI operating system for procurement, led by Marc-Antoine Lacroix, Estelle Giuly, and Romain Libeau, has raised $40 million in a Series B funding round, taking the total amount raised since the company’s founding in 2023 to $70 million. The oversubscribed round was led by Forestay Capital and Notion Capital, with participation from Greyhound and procurement industry veterans, including the former Global VP Sales at Ariba and the founder of EcoVadis, as well as exist
Karan Bhatia
6 days ago2 min read


How ClearOps is Building the AI Operating System for OEM After-Sales
ClearOps, the world's leading AI-powered after-sales intelligence platform, led by William Barkawi and the team, has raised €8.6 million in a Series A funding round led by Hitachi Ventures, alongside Schoeller Group and Barkawi Group. The funding marks ClearOps’s first institutional capital raise and supports its mission to become the AI operating system for global OEM after-sales operations. ClearOps acts as an AI operating system for industrial after-sales, connecting manuf
Karan Bhatia
May 222 min read


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
Karan Bhatia
May 222 min read


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
Karan Bhatia
May 221 min read


Modal Raises $355 Million at a $4.65 Billion Valuation
Modal, building high-performance AI infrastructure, led by Erik Bernhardsson and Akshat Bubna, has raised $355 million at a $4.65B post-money valuation led by General Catalyst and Redpoint, with Menlo Ventures, Bain Capital Ventures, and Accel joining as new investors. All the existing major investors participated as well, doubling down on their conviction in Modal. Modal was founded on the belief that traditional cloud infrastructure was not designed for AI workloads. The co
Karan Bhatia
May 223 min read


Hardline Raises $2M Pre-Seed to Build VoiceOps for Construction, Starting With the Phone Call
Hardline, redefining construction communication through AI-powered call documentation that protects your business, one conversation at a time, led by Alena Tuttle, Karly Heffernan, and Kimball Hill, has announced a $2 million pre-seed round led by Mucker Capital. The funding will help accelerate product development, deepen integrations with existing construction platforms, and expand Hardline’s go-to-market efforts across commercial and residential construction. The company i
Karan Bhatia
May 222 min read


Blank Bio Announces Seed Financing and Strategic Collaboration with PacBio to Advance RNA Foundation Models for Precision Oncology
Blank Bio, RNA intelligence for precision oncology, led by Jonathan Hsu, Ruian (Ian) Shi, and Philip Fradkin, has announced the closing of a $7.2 million seed financing and a strategic collaboration with Pacific Biosciences (Nasdaq: PACB), a leading developer of high-quality, highly accurate sequencing solutions. The oversubscribed round included Define Ventures, Leonis Capital, Nova Threshold, Ripple Ventures, SignalFire, Y Combinator, and others. Proceeds will support conti
Karan Bhatia
May 212 min read


Quantum Bridge Secures $8 Million to Fortify Global Networks Against Quantum Threats
Quantum Bridge, unbreakable cybersecurity for the quantum era, led by Mattia Montagna, Hoi-Kwong Lo, and the team, has closed a US$8 million Series A funding round led by Primo Capital SGR and supported by a global syndicate of investors, including Wayra (Telefónica), Cadenza VC, Club degli Investitori angels, HPE, and Bacchus Venture Capital. Together with prior financing from investors, including Alumni Ventures and the University of Toronto, the round brings Quantum Bridge
Karan Bhatia
May 211 min read


Clouted is Defining The Next Era Of Distribution Marketing
Clouted, the growth system for modern entertainment - built for artists, labels, festivals, gaming studios, startups, consumer apps, and the brands that live inside culture, led by Justin Banusing, Adriel Yong, David Viray, and the team, has announced the close of a $7M seed round led by Slow Ventures, with participation from Gold House Ventures, Weekend Fund, LINE-Yahoo's Z VC, Gondor Capital, Iterative, AppWorks, Peak XV’s Surge, and a16z Speedrun. Angel investors include G
Karan Bhatia
May 213 min read


Exa Raises $250 Million Series C to Build the Search Engine for AIs
Exa, the search engine built for AI, led by Will Bryk, Jeff Wang, and the team, has raised $250M at a $2.2B valuation led by a16z to power all agents with the highest quality web search. Exa already powers search for Cursor, Cognition, HubSpot, OpenRouter, Monday.com, and more than 400,000 developers. As LLM-driven search volume is expected to grow far beyond today’s Google search scale, the company sees an opportunity to fundamentally redesign how information is discovered a
Karan Bhatia
May 212 min read


Nourish Raises $100 Million Series C to Reverse Chronic Disease with AI-Native Metabolic Clinic
Nourish, the country’s largest dietitian-led metabolic health clinic, led by Aidan Dewar, Stephanie Liu, and Sam Perkins, has announced its $100 million Series C, bringing total funding to $215 million. The round was led by Menlo Ventures, with participation from Thrive Capital, Index Ventures, J.P. Morgan Growth Equity Partners, Maverick Ventures, Y Combinator, BoxGroup, Atomico, Daybreak, and Operator Partners. With this investment, J.P. Sanday of Menlo Ventures will join t
Karan Bhatia
May 202 min read


bunch is Replacing Legacy Fund Operations with AI-Native Private Markets Infrastructure
bunch, building the Backbone for Private Markets, led by Levent Altunel, Enrico Ohnemüller, and the team, has announced the close of its $35 million Series B, led by Portage, with participation from Illuminate Financial, significant follow-on investment from existing investors Motive Partners, Cherry Ventures, Fintech Collective, and additional angel investors. The funding will be used to accelerate commercial growth across Europe, deepen automation and AI capabilities, and
Karan Bhatia
May 202 min read


Stilta Raises $10.5 Million to Bring Agentic AI to Patent Litigation and Intelligence
Stilta, Agentic AI for high-stakes patent work, led by Oskar Block, Petrus Werner, Tobias Estreen, and Oscar Adamsson, has raised $10.5 million in funding led by Andreessen Horowitz, with participation from Y Combinator and a group of founders and operators from leading AI companies, including Sana, Legora, OpenAI, Lovable, and Listen Labs. Patents are a highly underleveraged asset class in business. While over 90% of S&P 500 value is intangible, most patents are never enforc
Karan Bhatia
May 202 min read


Moment Becomes the AI Operating System of Choice for Leading Wealth Managers
Moment, the AI operating system for investment management, led by Dylan Parker, Dean Hathout, and Ammer Soliman, has raised $78 million in a Series C funding round led by Index Ventures, with participation from Andreessen Horowitz, Avra, and other existing investors. This comes less than 10 months after Moment’s $36M Series B, which was also led by Index Ventures. “Investment management is being rebuilt around AI, and it’s happening at Moment,” said Jan Hammer, Partner at Ind
Karan Bhatia
May 202 min read


Astrolab Announces NASA Payloads for Upcoming Mission to the Moon
Astrolab, the ultimate in planetary mobility, led by Jaret Matthews and the team, has announced NASA payload customers for its first lunar mission aboard the company’s FLIP (FLEX Lunar Innovation Platform) rover. FLIP will fly aboard Griffin-1 lander under NASA’s Commercial Lunar Payload Services (CLPS) initiative, which supports missions to the Moon’s south pole as part of the Artemis campaign. The mission is scheduled for late 2026 and will mark FLIP’s lunar debut, carrying
Karan Bhatia
May 201 min read


How Commure is Transforming Healthcare Operations Using AI
Commure, the AI-native enterprise RCM & ambient platform, led by Tanay Tandon, Deepika Bodapati, and the team, has announced $70 million in financing at a $7 billion post-money valuation. The round was led by General Catalyst, with participation from Sequoia Capital, Morgan Stanley, and Kirkland & Ellis. Commure uses AI and agents to streamline administrative work in health systems, targeting one of healthcare’s largest cost centers, estimated at about $1 trillion annually in
Karan Bhatia
May 202 min read


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
Karan Bhatia
May 202 min read


Destinus Accelerates RUTA Block 3 Development Program with Rheinmetall to Scale European Long-Range Strike Production
Destinus, a European defence manufacturer with a particular focus on scalable strike and air-defence systems for European and allied armed forces, led by Mikhail Kokorich, has announced the accelerated start of the RUTA Block 3 program, developed for a 2,000 km-class long-range precision strike capability and extending the operationally validated RUTA family. The flight-test campaign is planned to begin in 2027. RUTA Block 3 builds on the existing RUTA architecture, which has
Karan Bhatia
May 192 min read
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