MENLO TIMES

Scarlet, building a global medical device certification built for AI, led by James Dewar and Jamie Cox, has raised $50m in Series B funding, led by Headline, with participation from existing investors Kindred Capital, Creandum, Atomico, and Entrepreneurs First (EF), and new investor Notion Capital. Scarlet is accelerating AI medical device certification, helping developers cut a year or more from certification timelines and reduce product-update cycles from months to weeks a

Nearly half of B2B invoices in Western Europe are paid late, with 6% written off as losses. Late payments contribute to one in four EU bankruptcies. SmallClaims, a Copenhagen-based legal tech company founded in 2021, led by Christian Olson, has raised €2 million in a seed round led by Vendep Capital to make even the smallest court cases economical with AI agents. More than €930 billion in EU claims are written off annually as SMEs abandon small claims that are too costly to p

Vitalize, transforming how health systems optimize labor, led by Veeraj Shah and Sanketh Andhavarapu, has raised a $31M Series A led by Oak HC/FT, with participation from Norwest Ventures, Y Combinator, .406 Ventures, Constellation Ventures, and the MemorialCare Innovation Fund. Healthcare staffing faces a real-time coordination challenge similar to air traffic control, yet hospitals lack a centralized system to manage it. Staffing coordinators often rely on spreadsheets, pho

Rivercell, building the AI virtual cell to decipher biology and disease, led by Yann Fleureau and Éric Durand, has announced a $25 million seed round led by HV. HCVC, Alven, and Bpifrance Digital Venture also participated in the round, which will fund the scale-up of Rivercell’s proprietary data generation platform, the expansion of its wet lab in Paris (a lab working with chemicals and biological samples), and the launch of its AI Virtual Cell program. As an indication-agnos

Healthleap, a clinical AI platform that screens patients for conditions that often go undiagnosed, led by Josiah Meyer and Jemima Meyer, has raised $38 million in combined seed and Series A funding from Sequoia Capital, First Round Capital, and Hummingbird Ventures. Healthleap helps care teams identify at-risk patients earlier by reviewing their complete medical records daily. The funding will support expansion into more conditions and team growth across key functions. The Pr

Startup Policy Forum, a vital bridge between the startup community and policymakers, led by Shweta Rajpal Kohli, Avantika Gode, and Shubhangi Poddar, has launched DeepVerse, its centre for deeptech Innovation, bringing together investors, deeptech founders, policymakers, global technology companies, and academia to support the development of India’s deeptech ecosystem. DeepVerse will focus on policy, research and collaboration across 10 deeptech sectors, from semiconductors a

Vocca, the AI platform medical practitioners rely on to speak with their patients, led by Eliott Hoffenberg and Hugo Danet, has announced a $20 million Series A led by Norrsken VC, with participation from Heal Capital, Speedinvest and Firstminute Capital, and angel investors including the founders of Alan and Datadog. Total funding to date is $25 million. Vocca Leads with National Deployments as the Category Matures. Vocca’s AI phone assistant automates inbound calls for heal

Risotto, the AI-native autonomous help desk, has announced the launch of its Autonomous IT Engineer. The new co-pilot can handle complex Tier-2 requests by investigating unfamiliar issues, analyzing logs, and executing fixes with human approval. It also turns successful resolutions into reusable workflows, reducing the need for repeated manual intervention. Automated IT’s Problem: Low Solve Rate for Most Edge Cases. Traditional IT automation typically handles basic Tier-1 r

Breye Therapeutics, a clinical-stage biopharmaceutical company developing oral therapeutics for the early treatment of retinal diseases, led by Ulrik Mouritzen, MD, EMBA, and the team, has raised an oversubscribed €67.5 million Series A financing round. The round was co-led by new investor Mission BioCapital and existing investor Novo Holdings, with participation from existing investor Sound Bioventures and additional new investors including the Ljungström family office, Inno

Metaview, the Agentic Recruiting Platform built for radically efficient hiring, end-to-end, led by Siadhal Magos and Shahriar Tajbakhsh, has raised a $60M Series C led by Insight Partners, with participation from GV, Intrepid Growth Partners, Seedcamp, Vertex Ventures US, Plural, and Garuda Ventures, bringing the total funding to $110M. More than 7,000 companies now use Metaview for hiring. Over the past year, the company has expanded from capturing hiring conversations to de

SereneDB, the fastest search & analytics database in the world, led by Alexander Malandin and Andrey Abramov, has launched Krummelanke, the first production-ready version of its real-time search analytics database, data infrastructure designed from the ground up for the workload that will define the next decade of computing: fleets of AI agents querying massive enterprise data at machine speed. SereneDB Krummelanke is open source under the Apache 2.0 license and available now

Reverion, which builds reversible fuel cell power plants for decentralized energy supply, led by Stephan Herrmann, Felix Fischer, Jeremias Weinrich, Maximilian Hauck, and Luis Poblotzki, has closed a Series B funding round of $175 million to scale production of its dispatchable, carbon-negative power plants. The round is led by Kembara, Mundi Ventures’ European scale-up fund that backs breakthrough deeptech and climate technologies. Allianz, KfW Capital, Aurum Impact and Carb

HiringCafe, an agentic job discovery platform, led by Ali Mir and Hamed Nilforoshan, has raised $6.8 million in pre-seed funding led by Spark Capital, along with Nonfiction Capital, Silicon Gardens, and angel investors from ZipRecruiter and Indeed. The company is also launching its AI Talent Agent, allowing anyone to create AI agents to search across millions of jobs on their behalf. Jobseekers’ Problem: Millions of Applicants Fighting for a Fraction of Roles Legacy job board

Ray, a power bank-sharing company, led by Roman Averianov and Igor Kosolap, has announced its launch in New York City, the launchpad for its expansion into the US market. The company is piloting 120 charging stations across Manhattan. Users rent a portable power bank by tapping a bank card, Apple Pay, or Google Pay at the station and return it to any other station in the network. Founded in 2025 by Igor Kosolap and Roman Averianov, Ray operates battery-charging stations acros

Dextr AI, the AI agent platform for hospitality, led by Sajid Shariff and Scott Arnold, has announced a $6.7 million seed round led by Elevation Capital, with participation from Foundation Capital. The company’s platform allows any hospitality employee to control teams of specialized agents across voice AI, guest management, back office operations, staff management, sales, and marketing. Dextr AI’s platform automates more than one million interactions each month across hundr

Basecamp Research, training frontier AI models for therapeutic design, led by Glen Gowers, PhD, Oliver Vince, PhD, and the team, has announced a $140M Series C financing to train a new generation of EDEN models and advance a pipeline of AI-designed therapeutics towards clinical development. The oversubscribed round was led by S32, with participation from Menlo Ventures' Anthology Fund, Catalio Capital Management, European Tech Collective, Firebrand River Capital, Inception Fu

Dialybrid, developing and commercializing novel arteriovenous vascular grafts for hemodialysis, based on the proprietary innovative technology named Silkothane®, a hybrid material combining silk fibroin and polyurethane, led by Francesco Greco and Stefania A. Riboldi, announced the closing of a €15 million Series A round led by new investor XGEN Venture, with participation of CDP Venture Capital (Rilancio Fund). The financing will support clinical development of Dialybrid’s S

Corridor, the AI-native benefits brokerage built for small businesses, led by Nikhil Aggarwal, Jackson Wagner, Eric Qian, and Jason Dong, has launched with $25 million in funding. The round was led by Bain Capital Ventures, with participation from BoxGroup, Definition Capital, and angel investors including founders and executives from OpenAI, Modal, Ramp, Scale AI, Oscar, Rogo, Decagon, Medallion, Reducto, and Tennr. Nearly 6.4 million U.S. businesses have fewer than 500 empl

Biolevate, reinventing life sciences operations for the AI era, led by Joel Belafa and the team, announced a €30 million Series A funding round co-led by RAISE France – the investment vehicle of French entrepreneur Aymar Hénin, and Orange Ventures, with participation from MSD Global Health Innovation Fund (MGHIF), Station F, and existing investor EQT Ventures. Biolevate has raised new funding to scale its AI platform for regulated life sciences and expand into the US with a n

Teal Health, creators of the Teal WandTM, the first and most accurate FDA-authorized self-collection device for at-home HPV cervical cancer screening, led by Kara Egan, has announced $22 million in Series A funding led by .406 Ventures, with continued backing from Emerson Collective (managed by Yosemite), Forerunner, and Serena Ventures, and new participation from Japan-based MPower Partners. The financing brings Teal Health’s total funding to $45 million. The funding comes a

Angle Health, the first AI-native healthcare benefits platform, led by Ty Wang (Tylon Wang) and Anirban Gangopadhyay, has announced a $600 million equity financing at a $2.7 billion valuation, consisting of a $200 million Series C financing and a $400 million tender offer. The round, led by Vitruvian Partners with participation from new investor Town Hall Ventures and existing investors Blumberg Capital, Portage Ventures, PruVen Capital, and Y Combinator, is expected to close

Thatch, building a healthcare system people love, led by Chris Ellis and Adam Stevenson, has raised a $108 million Series C funding round, bringing Thatch's valuation to $1 billion. The funding comes from The General Partnership, Index Ventures, Scale Venture Partners, General Catalyst, Andreessen Horowitz, Avid Ventures, Quiet Capital, SemperVirens, and QuantumLight, with strategic participation from Eli Lilly and Company, ADP Ventures, and Paychex. Putting Consumers in Cont

Jack & Jill, an AI agent for your career, led by Matthew Wilson and Saaras Mehan, has raised a $40M Series A, led by Air Street Capital with participation from Creandum and Madrona, to move faster toward a job market where every person and company has an agent in their corner. Jack is an AI agent for candidates, while Jill is an AI agent for employers. When the two identify a potential match, they connect the candidate and company directly, removing the traditional applicatio

Buildots, building construction intelligence to power your whole operation, led by Roy Danon, Aviv Leibovici, and Yakir Sudry, has announced $130 million in new funding, led by O.G. Venture Partners, with Mohari Ventures, Qumra Capital, Human Capital, Lightspeed Venture Partners, Avigdor Willenz, Intel Capital, Poalim Equity, and Viola Growth, bringing the total raised to $297 million. Construction leaders manage multi-billion-dollar projects with thousands of moving parts, o

Clay, helping you build systems to grow revenue, led by Kareem Amin and Varun Anand, has raised $115M in Series D funding at a $7.1B valuation, following 4x revenue growth in 2025. Wellington led the round, with participation from Sequoia, Stepstone, a16z perennial, Meritech, DST, CapitalG, BoxGroup, Boldstart, Bloomberg Beta, and Evolution. More than 17,000 companies, including 80% of the Forbes AI50 and customers such as Anthropic, Google, OpenAI, Stripe, ElevenLabs, Visa,

Forus, accelerating medicine for the people, led by Sahir Jaggi and the team, has raised $150 million in Series C financing at a $3 billion valuation, led by Bain Capital Ventures, with every existing institutional investor reinvesting, including Thrive Capital, General Catalyst, Accel, Redpoint, BoxGroup, Pear VC, Avra, Human Capital, Neo, Vast Ventures, and SV Angel. Forus has now raised more than $300 million in total funding to build the AI network for medicine. Medicine

CloudNC, the technology company that created the leading AI software for precision machining, led by Theo Saville, Chris Emery, and the team, has raised $20 million in new investment capital. The funding is led by Nimble Ventures, a US-based venture investor, with participation from other investors including Calculus Venture Capital, Entrepreneurs First, and LM Ventures, Lockheed Martin’s venture capital fund. The investment will accelerate adoption of CloudNC’s AI solutions

Rebaba, the Swedish energy technology, led by Paula Runsten and Felix Kruse, has raised $4.6 million (SEK 44.1 million) through an oversubscribed seed round led by Sistafund, alongside EIT Urban Mobility, with participation from existing shareholders and new European investors. The financing will support Rebaba’s mission to deliver circular battery energy storage systems that address rising demand for stable, cost-effective energy while reducing climate impact. Rebaba combine

Fusionality, building integrated operations technology for fusion devices, led by Federico Felici and Jonas Buchli, has raised a $3.7 million (CHF 3 million) pre-seed round from Founderful and Playfair. Sometimes the right startup idea takes years to find. For Federico Felici and Jonas Buchli, it emerged from years of solving the same problem for fusion companies. Fusion developers repeatedly told them they wanted to buy components for their control systems, but few suppliers

Atira, building Multi-Agent Orchestration for Industrial Sales Processes, led by Florian Diegruber and August DuMont Schütte, has announced a $15M Seed round led by Accel, which, together with the previously unannounced pre-seed (UVC, Fortino Ventures, booom), brings total funding to $17.5M. The round includes industry leaders like Ann-Kristin Achleitner, Marc Bitzer (CEO of the Whirlpool Corporation), Dr. Markus Flik (multiple industrial boards), and Bastian Nominacher (co-f

Sirdab, simplifying commerce & logistics through technology, led by Naif Alzahri and Abdulrahman Alnamlah, has raised $10 million in Series A funding. The round was co-led by new investor Elm, the PIF-backed digital solutions company, and existing investor BECO Capital. Other backers include Y Combinator, COTU Ventures, and D Global Ventures. Founded in 2022, Sirdab gives businesses a single platform to access, manage, and scale logistics, covering warehousing, transportation

Octave.energy, providing cutting-edge energy management and storage systems, led by Maxime Snick, Nicolas Quintin, and the team, has raised €10 million in Series A funding to accelerate its expansion across Europe and further develop its Battery Energy Storage System (BESS) and Energy Management System (EMS) solutions. The round combines equity and flexible debt financing and was led by SPDG Growth, an investor in Octave.energy since its seed round, with participation from im

SeatPin, the ticket marketplace built for fans, led by Galin Ananiev, has introduced PinAI, an AI-powered assistant that turns the search for any ticket into a simple conversation. Sold-out doesn’t have to mean out of luck. PinAI lets fans describe the event they’re looking for, by text or voice, and searches for relevant ticket options. Instead of scrolling through social media, websites, and ticket listings, users can simply ask for what they want, whether it’s two tickets

Metriport, building healthcare data infrastructure for next-generation care delivery, led by Dima Goncharov, Colin Elsinga, and Matt Davis-Ratner, has raised $26 million in new funding to give clinicians a secure, comprehensive picture of their patients’ health history and what’s most relevant in the moment, right at the point of care. The round, led by TJ Parker, general partner at Matrix, with participation from ARTIS and Y Combinator, brings the company’s total funding to

Onos Health, turning behavioral health noise into clarity and action, led by Akshay Agrawal, Josh Levitan, Suhaas Prasad, and the team, has raised a $17 million Series A financing round led by Costanoa, with participation from Flare Capital Partners and strategic investment from CVS Health Ventures. The financing follows strong commercial momentum, with leading U.S. health plans such as Aetna using Onos’ AI platform to improve behavioral health outcomes while reducing overal

Certain Energy, the British long-duration energy storage company, led by Tim Von Werne and the team, has announced it has received £10m Series A funding for its pioneering manganese flow battery technology. The investment will be used to commercialise Certain Energy’s technology and prepare it for deployment to stabilise grids and provide power during periods of low renewables production. The funding round, led by the British Business Bank with participation from Centrica plc

eComID, the shopping passport for the internet, led by Oscar Rundqvist, Otto Nordgren, Patrick Samuel Rengifo, Erika Markör, and Jaime Ferrando Huertas, has raised a $17 million seed round led by Systemiq Capital, with participation from Regeneration.VC, Course Corrected, Stadium, and returning investor CapitalT. Shopper Context for eCommerce. AI is transforming how consumers discover and purchase products, but most online shopping experiences still begin with limited context

Hypercubic, Accelerating Mainframe and COBOL Modernization with Agentic AI, led by Aayush Naik and Sai Gurrapu, has raised $5.3 million in seed funding, led by CIV, with participation from Y Combinator, Afore Capital, Multimodal Ventures, Pioneer Fund, Epsilon Ventures, Unpopular Ventures, and others, alongside our angels including Kaz Nejatian (CEO, Opendoor), Venky Harinarayan (Co-Founder, Walmart Labs), Gokul Rajaram (Board, Coinbase & Pinterest), Henri Stern (Co-Founder,

Rillet, the AI-native ERP (enterprise resource planning) platform for modern finance teams, led by Nicolas Kopp and Stelios Modes, has announced a $100 million Series C led by ICONIQ at a $1 billion valuation, with participation from Sequoia, Andreessen Horowitz, Sequoia Global Equities, Bain Capital Ventures, Oak HC/FT, Battery Ventures, FirstMark, Scale Venture Partners, and Creandum. The round is Rillet’s third in the last year and brings total funding to more than $200 mi

Reservoir, the world's first predictive water heater, has raised an $8 million seed round, led by Asymmetric Capital Partners, and joined by Founder Collective, which led the pre-seed round in 2024, and MCJ. Reservoir is focused on making home electrification easier and more affordable, starting with residential hot water. The company has installed its smart, high-efficiency water heaters in nearly 100 homes across the Boston area and plans to expand into additional homes and

Bios Life, the intelligent OS for cancer surveillance led by Ryan Richardson, Zach Taylor, Dr. Logan Frank, MD, and the team, has emerged from stealth with $25 million in seed financing to build a more personalized and continuous approach to cancer screening and survivorship care. The seed round was led by Redmile, Vsquared Ventures, and Kindred Capital, supported by a syndicate of leading healthcare and technology investors across the United States and Europe. Bios Life is d

Alps2Alps, a tech-driven Alpine transfer company led by Artjoms Fokejevs and the team, has released a public API that allows tools like ChatGPT, Claude, Gemini and Perplexity to assist users in booking last-mile transfers across more than 1,000 Alpine destinations. Until now, Alps2Alps has not offered a public API or supported price parsing. The launch is part of the company’s business-to-agent strategy, making its travel services accessible to AI agents as the market shifts

Made, the AI platform developed by RHEI to amplify human creativity and scale content production, led by Shahrzad Rafati and Lewis Ball, is publicly debuting Made for Music, an agentic platform designed for artists, labels, and distributors. Built for the realities of today’s music industry, Made for Music enables teams to create, package, distribute, and promote releases across relevant platforms, providing a faster and more scalable way to turn a single track into a full-sc

Intropy, the AI-native platform automating inventory, led by Franziska Kirschner and YihKai Teh, has announced that it has raised $11 million in seed financing. The seed round was led by Felix Capital, with participation from Quiet Capital and early investors General Catalyst and firstminute capital. Applying AI to Spare Parts Operations. Founded in 2024 by Franziska Kirschner and YihKai Teh, Intropy is developing AI-powered tools to help spare parts distributors, manufacture

inforcer, a unified Microsoft security and AI management platform built for Managed Service Providers (MSPs), led by Jamie Daum and the team, has announced a $50 million Series C funding round led by global software investor Insight Partners. Rising Demand Drives Rapid Growth. Inforcer has experienced rapid growth over the past two years as managed service providers (MSPs) increasingly seek scalable tools to manage Microsoft 365 security, compliance, and AI services. The comp

Ahead Health, the Zurich-based preventive healthcare company led by Nick Lenten, Sven Jaeschke, Dennis Hermann, Vinsensius Vega N., and the team, is launching in Germany and the Netherlands, its first markets beyond Switzerland, backed by a $10 million investment led by venture capital firms 3VC and RTP Global. Building a Preventive Healthcare Platform Across Europe. Ahead Health is developing a preventive healthcare platform designed to provide a more proactive approach to

Qureight, developing enterprise-grade imaging and precision endpoints for clinical trials, led by Dr Muhunthan Thillai and the team, has raised $20 million in a Series B financing, led by Molten Ventures. Existing investors Hargreave Hale AIM VCT, XTX Ventures, Guinness Ventures, Meltwind, and Ascension also participated in the round. The new funding will support the expansion of the company’s 3D deep learning imaging platform and accelerate commercial growth across new thera

Xeltis, addressing major life-threatening diseases, backed by Nobel-winning science, led by Eliane Schutte and the team, has raised an additional €20.5M of new funding from new and existing shareholders. Participating investors included the European Innovation Council, Invest-NL, VI Partners, EQT Life Sciences, DaVita and other current shareholders, alongside Horizon 3 Healthcare, a new investor who led the round. The additional financing, alongside the €50 million secured in

Spur Intelligence, transforming obfuscation into evidence so you can stop threats hiding behind VPNs, proxies, and other anonymization infrastructure, led by Kevin Hickey, Ethan Smith, Riley Kilmer, and the team, has raised a $200 million investment from Insight Partners. The investment highlights Insight’s confidence in the growing IP Intelligence market and Spur’s position as a leading platform in the space. The funding will support expansion across the business, helping ac

Aampere, a Munich-based e-mobility startup, led by Florian Reister, and the team, has raised €4.2 million to expand its fully digital resale platform for used electric cars across Europe. The round is led by Estonian VC Trind Ventures. Joining the round is Vend Marketplaces ASA, the Nordic family of marketplaces behind FINN.no, Blocket and Bilbasen, which joins as a minority investor. Also newly on board is G-FUND, an investor focused on major consumer trends. The existing in