Pulse 2.0

Kalshi Raises $1 Billion Series G At $40 Billion Valuation For Prediction Market Platform

DoorDash To Acquire Instacart For $17 Billion

Lette Raises $6.5 Million Seed Funding Led By Peak To Scale AI-Powered Rental Operations

Redwerk: Interview With Founder Konstantin Klyagin About Custom Software Development, QA, And AI

Google Gemini Notebook Adds Hundreds Of Free Textbooks From OpenStax, Open Textbook Library And S Chand Publishing

Offe Market Raises $3 Million Seed Round Led By Slauson & Co.

By Amit Chowdhry ● Yesterday at 5:12 PM

Offe Market has raised $3 million in seed funding to expand its technology-driven marketplace for discounted excess inventory from fashion, beauty, home, and lifestyle brands. Slauson & Co. led the round, with InvestTN and Baukunst participating; Baukunst previously led Offe Market’s pre-seed financing.

Industrial Growth Partners To Sell AdvancedPCB To Amphenol

By Amit Chowdhry ● Yesterday at 5:10 PM

Industrial Growth Partners has entered into a definitive agreement to sell AdvancedPCB Holdings to Amphenol Corporation, transferring a major independent North American printed circuit board supplier serving defense, aerospace, and industrial customers. AdvancedPCB is headquartered in Aurora, Colorado, and operates six U.S. facilities.

IREN Secures $363 Million Equipment Financing For AI Compute Infrastructure

By Amit Chowdhry ● Yesterday at 5:09 PM

IREN and Wingspire Equipment Finance completed a $363 million equipment financing transaction to support IREN’s growing AI compute operations.

Platinum Equity To Acquire EDP And Expand Propane Distribution Platform

By Amit Chowdhry ● Yesterday at 5:08 PM

Platinum Equity has signed a definitive agreement to acquire EDP, a large independent U.S. propane distribution business serving residential, commercial, and agricultural customers.

Foundry Robotics Raises $100 Million Series A Led By Marlinspike Partners

By Amit Chowdhry ● Yesterday at 5:08 PM

Foundry Robotics raised $100 million in an oversubscribed Series A to expand its autonomous manufacturing platform and build a 130,000-square-foot factory in Emeryville, California. The round was led by Marlinspike Partners. Khosla Ventures and Red Glass Ventures participated alongside new investors SE Ventures, Wing VC, and Axiom Ventures and existing investors Hanabi and Zero Shot Fund.

Spice Capital Appoints Former Microsoft Leader Jamal Edwards As Strategic Advisor

By Amit Chowdhry ● Yesterday at 5:05 PM

Spice Capital has appointed former Microsoft executive Jamal Edwards as a strategic advisor to the early-stage venture capital firm and its founder network.

Rendezvous Robotics Raises $20 Million Seed Round Led By MaC Venture Capital And Toyota Ventures

By Amit Chowdhry ● Yesterday at 5:05 PM

Rendezvous Robotics has raised $20 million in an oversubscribed seed round to develop modular spacecraft that can autonomously assemble and reconfigure themselves once in orbit. MaC Venture Capital and Toyota Ventures co-led the financing. The University of Michigan Endowment also made a significant investment, while Astera, Industrious Ventures, Aurelia Foundry, ATX Venture Partners, Mana Ventures, and other investors participated.

Sava Raises $10 Million And Launches AI-Native Nevada-Chartered Trust Company

By Amit Chowdhry ● Yesterday at 5:05 PM

Sava has emerged from stealth with $10 million in funding and launched Sava Trust Company, an independent Nevada-chartered corporate fiduciary built around AI-enabled trust administration. The financing was led by Gradient Ventures, with participation from Y Combinator, SV Angel, Instacart co-founder Max Mullen, Orange Collective, and SurgePoint Capital.

Caravel Bio: $1.2 Million NSF Grant Secured And Michał Jastrzębski Named As CTO

By Amit Chowdhry ● Yesterday at 5:05 PM

Caravel Bio has secured a $1.25 million Small Business Innovation Research Phase II grant from the National Science Foundation to expand its AI-driven protein engineering platform.

American Advanced Materials Raises $12.5 Million Seed Funding And Secures Over $1 Billion Of Offtake LOIs

By Amit Chowdhry ● Yesterday at 5:04 PM

American Advanced Materials has raised $12.5 million in seed funding as it develops domestic manufacturing capacity for titanium sponge and other advanced materials used across aerospace, defense, energy, and AI infrastructure. The round was led by Amity Ventures, with participation from Human Capital, Anti Fund, and Powerset.

Plato Raises $16 Million Series A Led By Nava Ventures For AI Training Simulations

By Amit Chowdhry ● Yesterday at 5:04 PM

Plato has raised $16 million in Series A funding to expand its simulated workplace environments designed to train and evaluate AI models on real-world jobs and workflows. The round was led by Nava Ventures, with participation from Gradient Ventures, Transpose Platform, and Microsoft AI CEO Mustafa Suleyman. Nava Ventures founder Freddie Martignetti will join Plato’s board.

Ibis Emerges From Stealth With $250 Million FalconX Credit Facility

By Amit Chowdhry ● Yesterday at 5:04 PM

Ibis has emerged from stealth with a $250 million credit facility from FalconX as the company builds an onchain credit platform aimed at expanding institutional lending across frontier markets. The New York-based company also closed a pre-seed funding round led by FalconX, with participation from Anchorage Digital, Innovating Capital, and executives associated with Erebor, Revolut, Injective Foundation, Agora, Selini, Superstate, Flowdesk, Blockchain.com, DV Chain, Pyth, Colter Lewis, and GenCap Management.