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Leil is Developing Hyperscale Storage Infrastructure Accessible for All
Leil , developing infinite file storage without cloud, led by Aleksandr Ragel, David Gerstein, Piotr Modrzyk, and Werner Paulus, has secured  €1.5 million in seed funding led by Karma Ventures , with participation from Specialist VC . The $22 billion enterprise storage market is growing nearly 20% annually as global data generation surpasses 330 million terabytes per day, set to triple by 2030. Storing and scaling this data on traditional hard drives is becoming costlier and
Menlo Times
Nov 71 min read


Cambridge Photon Technology is Accelerating Deployment of its World-First Photon-Multiplier Technology
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
Menlo Times
Nov 71 min read


Truffle Security Raises $25 Million Series B to Expand NHI Security
Truffle Security , the company behind TruffleHog™, a leading open-source security project that makes it easier to identify and fix exposed secrets before hackers exploit them, led by Dylan Ayrey and Dustin Decker, has secured  a $25 million Series B funding round led by Intel Capital  and a16z . The round also includes participation from Abstract , Lytical Ventures , and prominent security leaders Casey Ellis (Founder, BugCrowd), Emilio Escobar (CISO, Datadog), and Haroon Mee
Menlo Times
Nov 72 min read


Gravitics Unveiled Diamondback - A Smaller Orbital Carrier
Gravitics , developer of orbital carrier, led by Colin Doughan, Sundeep Kumar, Scott Macklin, Michael DeRosa, Gary Hudson, and others, has unveiled  Diamondback, a smaller orbital carrier designed to fulfill missions from protecting US national security satellites to deploying space-based missile interceptors, on Tuesday at Payload’s Space Investor Summit. Gravitics CEO Colin Doughan likened the company’s orbital carrier model to a network of police stations: strategically po
Menlo Times
Nov 71 min read


How Avallon is Turning Complex Claims Operations into Automated Resolutions
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
Menlo Times
Nov 72 min read


Tsuga Delivers Modern Observability Tailored to Your Infra, Data, And Scale
Tsuga , building Bring Your Own Cloud to Observability, led by Gabriel-James Safar, Sébastien Deprez, Nils Bunge, and Valentin Jacquemont, has emerged from stealth with a $10 million seed round led by General Catalyst , with participation from Singular , with the support of exceptional angel investors, including Amjad Masad (Replit), Charles Gorintin (Alan, Mistral AI), Jonathan Benhamou (Resilience), Olivier Bonnet (BlaBlaCar), and Philippe Corrot (Mirakl), among others. Ob
Menlo Times
Nov 62 min read


LambdaVision is Helping Patients Regain Sight by Developing the First Protein-Based Artificial Retina
LambdaVision , developer of protein-based artificial retinas, led by Nicole L. Wagner, Jordan A. Greco, and Robert R. Birge, has secured  $7 million seed funding round co-led by Seven Seven Six  and Aurelia Foundry Fund , with additional support from Seraphim Space , providing runway into 2027. Millions worldwide lose their vision each year to retinal diseases such as retinitis pigmentosa (RP) and age-related macular degeneration (AMD), with limited treatment options. The new
Menlo Times
Nov 62 min read


How Giga AI is Building the Next-Gen Enterprise Operations Platform
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
Menlo Times
Nov 61 min read


Agate Sensors Wins Swedish Defence Agency Innovation Contract
Agate Sensors , democratizing spectral data capture and usage, led by Tommi Leino, Dr. Andreas Liapis, Mikael Westerlund, Dr. Faisal Ahmed, has been awarded  an innovation contract by the Swedish Defence Materiel Administration (FMV) under its Military Innovation Program. The contract will enable the first external test of Agate Sensors’ physiological monitoring tech in high-stress defence settings, demonstrating how its wearable-embedded optical sensors can enhance awarenes
Menlo Times
Nov 52 min read


Coherence Neuro Raises $10 Million to Launch Closed-Loop Neuro System for Cancer Treatment
Coherence Neuro , a medical technology company working at the intersection of neurotechnology, neurobiology, and machine learning to improve the quality and length of life for people with cancer, led by Ben Woodington, Elise Jenkins, José Lepe, and Jason Miranda, has secured  a $10 million seed round led by Topology Ventures and Artesian (Alternative Investments), with participation from Blackbird , Possible Ventures , and a network of early-stage backers, including XEIA V
Menlo Times
Nov 52 min read


Rubio Fund III Secured €70 Million in Commitments
Rubio , a leading impact venture fund, led by Alexandros Matthiessen, Willemijn Verloop, Helmer Schukken, Machtelt Groothuis, Warner Philips, and others, has launched  its third Impact Fund with over €70 million in commitments.   The capital will be deployed to support thirty ambitious impact companies developing scalable solutions to the climate crisis and social inequality, future leaders like Sympower stabilizing the energy grid, NoPalm transforming sustainable food, and
Menlo Times
Nov 52 min read


Ruli Raises $6 Million in Seed Funding to Enhance In-House Legal Intelligence
Ruli AI , the all-in-one legal intelligence platform for in-house teams, led by Bryan Lee, Xi Sun, John Lee, Rouge Yusuf, Jay Park, and Jaemin Lee, has secured  $6 million in seed funding led by Album VC , with participation from SignalFire , PJC , Foothill Ventures , Mana , and Genius Ventures, bringing the total funding to $8 million in just over a year. With this funding, the company also announces the addition of Michele Lee, former General Counsel of Pinterest and curren
Menlo Times
Nov 52 min read


How Portal26 is Making Gen-AI Adoption Seamless
Portal26 , the GenAI Adoption Management Platform, led by Arti Raman, Dallas Thompson, Pakshi Rajan, Karthikeyan M, Fadil Mesic, Joe Boggio, and Neil Cohen, has secured  a $9 million Series A round of funding led by Shasta Ventures  with support from Fusion Fund , as well as the venture arm of a Fortune 500 financial services institution. Portal26 CEO Arti Raman said the surge in enterprise GenAI adoption is driving demand for platforms that provide visibility, security, gove
Menlo Times
Nov 52 min read


Reflex Aerospace Secures Record €50 Million Series A
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
Menlo Times
Nov 52 min read


Techstars-backed TestSprite is Building a Testing Backbone for AI-Generated Code
TestSprite , an AI testing agent and automation platform, led by Yunhao Jiao, Rui Li, Shawnie Shan , and others, has secured  $6.7 million in seed funding, led by Trilogy Equity Partners , with participation from Techstars , Hat-Trick Capital , Jinqiu Capital, MiraclePlus , Baidu Venture , and EdgeCase Capital Partners. As AI increasingly writes software, validation must advance just as fast. The scale and complexity of AI-generated code require a new testing infrastructure,
Menlo Times
Nov 41 min read


octonomy AI is Accelerating the Delivery of Agentic AI for Complex Service Workflows
octonomy AI , an AI company building agentic systems for complex enterprise support and service workflows, led by Sushel Bijganath, Oliver Trabert, Thorsten Grote, Markus Hanslik, and Thomas Bollig,  has raised  $US20 million, led by Macquarie Capital Venture Capital , with participation from Capnamic , NRW.Bank , and the TechVision Fund, bringing the total funding to US $25 million since its founding 15 months ago. Octonomy equips heavy-equipment industries with AI systems
Menlo Times
Nov 41 min read


How Source.ag is Accelerating Controlled Environment Agriculture by Leveraging AI
Source.ag , the Amsterdam-based developer of AI software for Controlled Environment Agriculture (CEA), led by Rien Kamman, Ernst van Bruggen, Magnus Hilding, Joris van der Els, and Eva Laumans, has raised  $17.5 million led by Astanor , with strategic participation from investors including seed breeder Enza Zaden  and grower cooperative Harvest House , bringing the total funding to over $60 million in five years. The investment follows rapid expansion, with the company deploy
Menlo Times
Nov 42 min read


Mecha Health Raises $4.1 Million Seed Round to Build Next Generation Foundation Models for Radiology
Mecha Health , an applied AI lab building next-generation foundation models for radiology, led by Ahmed Abdulaal, Nina Montaña Brown, Ayodeji Ijishakin, and Hugo Fry, has raised  $4.1 million in Seed funding, led by Valia Ventures  with support from Y Combinator . Radiology is now a critical backbone of modern medicine, but the field is at a breaking point. Nearly 70% of practices report staffing shortages, two-thirds of radiologists face burnout, and imaging demand has sur
Menlo Times
Nov 41 min read


Sofia-based Satellite Developer EnduroSat is Scaling Satellite Production with New Funding and Space Center
EnduroSat , engineering, building, and operating exceptional satellites, led by Raycho Raychev, Viktor Danchev, Yordan Kanchev, Viktoriya Dimov, and others, has secured  a $104 million funding round from Riot Ventures , Google Ventures , Lux Capital , European Innovation Council Fund , and Shrug Capital . The funding also marks the launch of our state-of-the-art Space Center in Sofia, built to meet rapidly accelerating global demand for small and mid-size satellite constellat
Menlo Times
Oct 311 min read


Stockholm-based Legora Raised $150 Million to Empower Exceptional Lawyers
Legora , the collaborative AI platform for lawyers, led by Max Junestrand, Sigge Labor, and August Erseus, has raised  $150 million at a $1.8 billion valuation, led by Bessemer Venture Partners , with significant investment from existing investors ICONIQ , General Catalyst , Redpoint Ventures , Benchmark , and Y Combinator , to accelerate its global expansion and growing product roadmap. Legora’s funding comes amid surging demand for its AI platform over the past six months,
Menlo Times
Oct 312 min read
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