Innovation

ZeroRisk Raises $10 Million Series A To Scale Merchant Cybersecurity Platform

By Amit Chowdhry ● Today at 8:07 AM

ZeroRisk has raised $10 million in Series A funding to expand its cybersecurity platform for payment providers and merchants, with the financing led by MiddleGame Ventures and participation from existing investor Elkstone.

MCatalysis Raises $5 Million Seed To Commercialize Low-Carbon Fuels Below Commodity Cost

By Amit Chowdhry ● Today at 8:06 AM

MCatalysis has closed a $5 million seed funding round to commercialize its next-generation chemical process for converting domestic offgas, plastics and biomass into drop-in fuels designed to work with existing energy infrastructure. The round was led by HL Energy Ventures and Oxford Science Enterprises. MCatalysis has also received a recent $2.25 million award from UK Research and Innovation.

Pocket Entertainment Surpasses $500 Million ARR As AI Entertainment Platform Grows 70% Year Over Year

By Amit Chowdhry ● Today at 8:02 AM

Pocket Entertainment, the parent company of Pocket FM and Pocket Saga, announced that it has surpassed $500 million in annualized revenue run rate, representing 70% year-over-year growth.

Clay Raises $115 Million Series D At $7.1 Billion Valuation To Build AI Growth Engine

By Amit Chowdhry ● Today at 8:01 AM

Clay has raised $115 million in Series D funding at a $7.1 billion valuation as the AI go-to-market company expands its platform for automating prospecting, customer research and revenue growth. The financing was led by Wellington, with participation from Sequoia, StepStone, Andreessen Horowitz Perennial, Meritech, DST, CapitalG, BoxGroup, Boldstart, Bloomberg Beta and Evolution.

Aqua Raises $15 Million Series A As Total Funding Reaches $18.8 Million To Build Alternative Investment Platform

By Amit Chowdhry ● Today at 8:01 AM

Aqua has raised a $15 million Series A led by Arthur Ventures, bringing total funding for its alternative investment infrastructure platform to $18.8 million. The Series A included participation from Alumni Ventures and follows a $3.8 million seed round backed by Google's AI Fund, Y Combinator and other investors.

Inspiren Raises $70 Million Series C At Over $500 Million Valuation To Scale Physical AI For Senior Living

By Amit Chowdhry ● Today at 8:00 AM

Inspiren has raised $70 million in Series C funding at a valuation exceeding $500 million to expand its Physical AI platform for senior living communities, bringing the company's total funding to $225 million. The round was led by NewView Capital, with participation from Insight Partners, Primary Venture Partners, Scale Venture Partners, Vintage Investment Partners, Lightbank, Avenir Growth Capital, Story Ventures and Camber Creek.

Neurophos Expands Leadership And Opens Silicon Valley Office After $110 Million Series A

By Amit Chowdhry ● Today at 7:58 AM

Neurophos is significantly expanding its executive and engineering teams and opening a new Silicon Valley office in Sunnyvale, California, as the semiconductor company works toward commercializing its photonic AI inference chips.

Oral Biolife Awarded NIH Grant To Advance Piezoelectric Regenerative Platform For Peri-Implantitis

By Amit Chowdhry ● Today at 7:57 AM

Oral Biolife, a biotechnology company developing a first-in-class piezoelectric regenerative platform designed to stimulate new bone formation, announced that it has been awarded a grant from the National Institutes of Health through the National Institute of Dental and Craniofacial Research to investigate its technology as a potential non-surgical treatment for peri-implantitis.

TwoStep Therapeutics Raises $62.5 Million Series A As FDA Clears TS-104 For Phase 1 Cancer Trial

By Amit Chowdhry ● Today at 7:54 AM

TwoStep Therapeutics has raised an oversubscribed $62.5 million Series A and received FDA clearance for the Investigational New Drug application for TS-104, its lead multi-specific peptide-drug conjugate for solid tumors.

Bulwark Dynamics Raises $6.8 Million Seed To Build Autonomous Landing Craft For Military Logistics

By Amit Chowdhry ● Today at 7:54 AM

Bulwark Dynamics has raised $6.8 million in seed funding to develop and manufacture autonomous landing craft designed to resupply U.S. and allied forces in contested environments. Investors include SBI US Gateway Fund LP, Archetype Ventures, Nēnē Ventures and Onomichi Dockyard. The proceeds will support development and production of Bulwark's Caravel series, manufacturing capacity and testing in operationally representative environments.

Botsi Raises $1.5 Million Pre-Seed To Personalize Paywalls And Subscription Offers With AI

By Amit Chowdhry ● Today at 7:53 AM

Botsi has raised $1.5 million in pre-seed funding to expand its AI-powered monetization platform for consumer subscription applications. The financing came from Telegraph Ventures, Plain Sight Capital, Atlanta Tech Angels, VentureSouth and angel investors.

Enbridge To Acquire Tallgrass Energy Crude Oil Assets For $2.55 Billion

By Amit Chowdhry ● Yesterday at 10:06 PM

Enbridge has agreed to acquire Tallgrass Energy's crude oil transportation, gathering, storage and terminaling assets for $2.55 billion, substantially expanding its liquids pipeline network into the U.S. Rocky Mountains.

Harmoni Raises $10 Million Series A To Scale AI Factory Orchestration Platform

By Amit Chowdhry ● Yesterday at 10:06 PM

Harmoni has raised $10 million in Series A funding led by Bessemer Venture Partners and unveiled HAL, a context-aware AI system designed for manufacturing operations.

Knox Lane Acquires Majority Stake In SAGE Integration To Scale Enterprise Security Platform

By Amit Chowdhry ● Yesterday at 10:05 PM

Knox Lane has acquired a majority stake in SAGE Integration Holdings, a national security systems integrator serving mission-critical enterprise customers. Financial terms of the transaction were not disclosed.

Vheda Health Secures $47 Million From Agora To Scale Health Plan Outcomes And Analytics Platform

By Amit Chowdhry ● Yesterday at 10:04 PM

Vheda Health has secured a $47 million investment from Agora, representing the first institutional capital raised in Vheda's 13-year history and the inaugural investment by the healthcare technology-focused private equity firm.

Solstice Oncology Raises $225 Million Series A To Advance Porustobart Cancer Therapy

By Amit Chowdhry ● Yesterday at 10:03 PM

Solstice Oncology has launched with a $225 million Series A financing led by RA Capital Management, with participation from Canaan Partners, Forbion and other investors.

Luma Group Closes Debut Life Sciences Venture Fund At $410 Million

By Amit Chowdhry ● Yesterday at 10:02 PM

Luma Group has closed LumaBio Fund I at $410 million in committed capital, completing the final close of its inaugural life sciences venture capital fund.

Oracle: Q1 Revenue Jumps 30% To Record $19.3 Billion As Cloud Infrastructure Revenue Surges 121%

By Amit Chowdhry ● Yesterday at 10:02 PM

Oracle reported record fiscal first-quarter 2027 revenue of $19.3 billion, representing a 30% year-over-year increase as rapid growth in cloud infrastructure and accelerating demand for AI computing capacity drove the company's results.

Encoded Therapeutics Raises $275 Million Series F To Advance Genetic Medicine For Dravet Syndrome

By Amit Chowdhry ● Yesterday at 10:01 PM

Encoded Therapeutics has raised $275 million in Series F financing to advance ETX101 through pivotal development for Dravet syndrome and expand its precision genetic medicines pipeline for neurological disorders.

Split Pay Raises $125 Million Across Series A And B Led By Khosla Ventures

By Amit Chowdhry ● Yesterday at 9:59 PM

Split Pay has raised $125 million across back-to-back Series A and Series B funding rounds led by Khosla Ventures, giving the credit technology company substantial new capital after it said the business grew 70x over the previous 12 months. Khosla Ventures led the rounds, with participation from a group of venture capital and strategic investors that includes Thrive Capital, MetaProp, Alpaca VC, Moderne Ventures, Intuit Ventures and SciFi VC, according to the company's financing announcement.

EIG Raises $4 Billion Across Infrastructure Direct Lending Platform

By Amit Chowdhry ● Yesterday at 9:58 PM

EIG has raised $4 billion across its direct lending platform, exceeding its original $3 billion fundraising target as institutional investors increase allocations to infrastructure credit.

ICG Closes Ninth European Corporate Fund At Record €12 Billion

By Amit Chowdhry ● Yesterday at 9:57 PM

ICG has completed fundraising for the ninth vintage of its flagship European Corporate strategy, closing ICG Europe Fund IX at €12 billion, representing a 50% increase compared with predecessor ICG Europe VIII.

The Boring Company Raises $3 Billion At $23 Billion Valuation To Expand Underground Transit Network

By Amit Chowdhry ● Yesterday at 4:46 PM

The Boring Company has raised $3 billion in new funding at a $23 billion valuation as Elon Musk's tunnel construction company expands underground transportation projects in the United Arab Emirates, Las Vegas, Nashville and Dubai. The financing was led by the United Arab Emirates and affiliated investment entities. Other participants included Human Capital, Vy Capital, Valor Equity Partners, Sequoia Capital, Andreessen Horowitz, Temasek, Shamal Holding and Baron Capital, according to Reuters.

Adani Airport Holdings Raises $1 Billion From Temasek, BlackRock, Premji Invest And Alpha Wave At $18 Billion Valuation

By Amit Chowdhry ● Yesterday at 4:44 PM

Adani Airport Holdings Limited has entered into binding agreements to raise approximately $1 billion of primary equity capital at an $18 billion pre-money valuation from Alpha Wave Global, Premji Invest, Temasek and BlackRock-managed funds.

Positron AI Raises $875 Million Series C At $5 Billion Valuation To Scale Memory-First AI Inference Chips

By Amit Chowdhry ● Yesterday at 4:43 PM

Positron AI has raised $875 million in Series C financing at a $5 billion post-money valuation to bring its next-generation AI inference silicon and systems to market following deployment of more than 50 racks of its first-generation Atlas platform at Oracle Cloud Infrastructure. The financing was co-led by NEA, Atreides Management, Valor Equity Partners, Andra Capital, SemiAnalysis Capital and Jim Clark, founder of Silicon Graphics and Netscape.

IonQ Raises 2026 Revenue Guidance To $450 Million To $460 Million Following SkyWater Acquisition

By Amit Chowdhry ● Yesterday at 4:39 PM

IonQ has increased its full-year 2026 revenue outlook to between $450 million and $460 million following its acquisition of SkyWater Technology and the companies' integration into a combined quantum computing and manufacturing platform.

Hyatt And Delta Announce Loyalty Partnership With Dual-Earn Benefits For Elite Members

By Amit Chowdhry ● Yesterday at 4:38 PM

Hyatt Hotels Corporation and Delta Air Lines have announced a long-term strategic loyalty collaboration that will connect the World of Hyatt and Delta SkyMiles programs, allowing eligible elite members to earn rewards across both hotel stays and air travel.

Covenant Emerges From Stealth With $250 Million In Funding And Anthem Long-Range Strike System

By Amit Chowdhry ● Yesterday at 4:38 PM

Covenant has emerged from stealth with more than $250 million in funding across three rounds, a new 105,000-square-foot manufacturing facility in Texas and its flagship Anthem long-range precision strike weapon system. The funding rounds were led by Andreessen Horowitz, Founders Fund, Lux, 8VC, Aleph and Lightspeed. Covenant has also secured contracts in the U.S., Europe and other international markets.

Legora And Consilio Formalize Legal AI Partnership After More Than A Year Of Client Deployments

By Amit Chowdhry ● Yesterday at 4:21 PM

Legora and Consilio have formalized a partnership to help law firms and corporate legal departments deploy and operationalize legal AI at scale following more than a year of joint client implementations.

Elementum Names Phil Duggan As Chief Revenue Officer As AI-Native Enterprise Platform Scales Global Sales

By Amit Chowdhry ● Yesterday at 4:13 PM

Elementum has named Phil Duggan Chief Revenue Officer, putting the enterprise software veteran in charge of the company's global sales and revenue organization as demand grows for its AI-native automation platform.